With the ongoing pandemic, high-quality and accurate news reporting is imperative. However, the pandemic has prompted a sharp decline in the advertising spend since the companies are slashing marketing budgets amidst financial uncertainty.
Approximately 70% of total buyers have already adjusted their plans. This fall in revenue comes at a time when accurate and precise journalism is needed more than ever.
Hence, Facebook, on top of the $300 million it dedicated to news programs, partnerships, and content at the beginning of 2019, has pledged to invest $100 million in the news industry.
Out of this amount, $25 million will be provided in grant funding for local news via the Facebook journalism project. The remaining $75 million will be sent in the form of ‘additional marketing spend’ to the worldwide organizations.
In a press release, Facebook stated:
If people needed more proof that local journalism is a vital public service, they’re getting it now.
The social media platform is t..
Category: Press Releases
Affordable Honor 30S Launched With Quad Cameras & Flagship Specifications
Huawei’s subsidiary Honor has announced the Honor 30S 5G in China and from the looks of it, it is a budget friendly substitute to the Huawei P40. The smartphone is an upper mid-range device that uses the company’s Kirin 820 chipset and can be placed just below the P40 series.
Design and Display Design wise, the smartphone looks a lot like the recently launched Huawei P40 series. It has a similar camera housing. However, the rear side of the smartphone comes with a “butterfly 3D glass” paint job, like its predecessor.
More and more OEMs have switched to side mounted fingerprint sensors instead of rear mounted ones, Honor has also opted to follow that trend. Honor 30S is available in four colors: Black, Blue, Green, and a new Feather Red gradient model.
The smartphone is built around a 6.5-inch LCD punch-hole display with 2400 × 1080 pixels resolution and HDR10 certification.
Internals and Storage Internally, the smartphone is powered by the new 7nm Kirin 820 processor that offers th..
Azhar Ali Challenges Sarfraz, Babar & Others to Try and Beat Him [Video]
Coronavirus pandemic has forced everyone to stay at home as the countries across the globe are enforcing partial or total lockdown to prevent its spread.
With no cricket going on, the cricketers have also found a way to keep themselves busy. Pakistan’s Test captain, Azhar Ali, has started the new push-up sit through challenge. Here’s how it started;
The 35-year-old has challenged his national teammates including Babar Azam, Shan Masood, Asad Shafiq, Wahab Riaz, and Sarfaraz Ahmed. He has also challenged his Somerset teammates Tom Abell, Peter Trego, and Tom Banton to post videos of themselves doing the challenge.
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Grant Elliot and Fakhr e Alam have also been nominated to do at least 5 push-ups.
Azhar’s video had a very important message for us all as well. It is to keep ourselves sanitized to reduce the chances of contracting coronavirus.
What are your thoughts on the challenge? Let us know in t..
Wasim Akram Rates This Pakistani Batsman Over Sehwag in Test Matches
Only a few can match the mastery of Virender Sehwag as an opening batsman in Test cricket. Even David Warner, the Australian with a similar style to the Indian, credits Sehwag for emboldening him to take on the opposition from the start.
However, Wasim Akram rates another batsman over Sehwag who forever changed the meaning of opening in Test matches.
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Heaping praises over former Pakistan all-rounder, Shahid Afridi, Akram said it was Afridi who encouraged opening batsmen to play freely from the start.
In Test cricket, Sehwag came later. But, in 1999-2000, Shahid Afridi changed the mindset of opening in Test cricket. Even if I was the bowler I would know that I can get him out but also know that he can hit me for boundaries. He used to hit lose deliveries for sixes at will.
While Afridi made his debut as an opener in Test against Australia in 1998, Wasim Akram revealed that Afridi originally wasn’t a pa..
Samsung Launches The Affordable Galaxy M11 With a 5,000 mAh Battery
The Samsung Galaxy M11 has just arrived as an update to last year’s Galaxy M10 with a few design changes and upgrade to specifications as well. The new Galaxy M11 has a punch-hole display, an additional camera at the back, and a much bigger battery for an affordable price tag.
Design and Display The Galaxy M11 has a 6.4-inch LCD with HD+ resolution, 19:9 aspect ratio, and minimal bezels all around except the thick chin. There is now a punch-hole cutout for the front-facing camera instead of the waterdrop notch we saw last year on the Galaxy M10.
There is now also a triple camera setup at the back of the device, an LED flash beside it, and a fingerprint sensor as well.
Internals and Storage Samsung’s UAE website where the phone was originally spotted does not mention the device’s chipset but does reveal a 1.8Ghz octa-core processor alongside 4GB RAM and 64GB internal storage. The storage can be expanded further via a micro SD card.
Although there is no official word on the chipset, ..
Boxer Amir Khan Steps Up to Help Pakistan Govt & People
Star boxer, Amir Khan, has stepped forward in the fight against coronavirus in Pakistan. He has donated a hefty amount of Rs 40 million for the poor segment of the society.
In recent days, a number of celebrities and charities have come forward to distribute ration bags and other necessary items for the poor who do not have any source of income amid the ongoing lockdown.
Amir Khan Foundation will make sure to distribute ration and other necessary things among the poor. I want to help the government of Pakistan as they assist the patients affected by coronavirus.
The British-Pakistani has also offered his boxing academy in Islamabad to the government for use as a quarantine facility in these difficult times.
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Earlier, Khan had also offered his 4-story 60,000 square feet building in the United Kingdom to the NHS. He did it following the reports of shortages of hospital beds for patients in the country due t..
Samsung Galaxy Note 20 Specifications, Design Leak
With its Galaxy S20 series, Samsung took a big leap forward this year, and we are expecting nothing less from the upcoming Note 20 series. The smartphone, as per numerous leaks and rumors, is expected to launch in July this year, accompanying the launch of Samsung Galaxy Fold 2.
Just like the S20, the Note 20 series is expected to feature three models: a lite model, a pro model, and an ultra model.
Design and Display The Galaxy Note 20 models, according to leaksters and analysts, will be reminiscent of the Galaxy S20 design. The smartphone might look very similar to what is shown in this render video.
(video credits: LetsGoDigital and Concept creator)
The only visible difference in contrast with the S20 series is a holster for the S-pen. Each phone, like last year, will feature Samsung’s Infinity-O display.
According to windows united, a tech-related forum, Samsung could bump up the display size to 7 inches for the Samsung Galaxy Note 20 Ultra.
In February this year, Samsung anno..
Oil Prices Fall Sharply as Coronavirus Darkens Demand Outlook
Oil prices fell sharply today, with crude oil near an 18 year low and Brent hitting its lowest since November 2002, as the global coronavirus pandemic worsens and the Saudi Arabia-Russia price war shows no signs of abating.
U.S. West Texas Intermediate (WTI) crude futures fell as far as $19.92, near an 18-year low hit earlier this month, and was last trading down 3.77%, or $20.70 a barrel.
Brent futures were down 6.7%, or $1.68, to $23.25 a barrel, after dropping earlier to $23.03, the lowest since November 2002.
International crude oil analyst Osama Rizvi stated that oil prices are taking a beating once again:
As we have discussed before, prices will continue to remain under pressure. Russia hinted, last week, about a possible deal with OPEC but later on authorities from Saudi Arabia said that they are still going ahead with their plans to increase production. This shows nothing can be expected in the short term except for the fact that prices will drop further from the level they..
Dawaai Raises Investment From Sarmayacar and Kingsway Capital
Dawaai, one of the largest digital platforms catering to healthcare in Pakistan, operates as an online pharmacy targeting both the B2B (retail pharmacies, medical stores, and businesses) and the B2C segments across the entire country.
Pakistan’s pharmaceutical market is estimated to be worth at least $3 billion and growing at a double-digit rate (excluding the rampant counterfeit market of $1+ billion). Despite its size and growth, the sector remains extremely fragmented with incumbents including a handful of regional chains and a large number of single-location retail players reliant on an inefficient and expensive supply chain riddled with counterfeit products.
Dawaai instead sources products directly from manufacturers and established distributors to ensure authenticity and subsequently fulfills demand aggregated across the country through its managed end-to-end logistics function.
Furquan Kidwai, a former investment banker from London, started Dawaai in 2013 with a mission to di..
There Isn’t Even a Single Coronavirus Case from China in Pakistan: Mirza
Pakistani students stuck in Wuhan, the former epicenter of coronavirus, are now thanking the government for not evacuating them. Special Assistant to Prime Minister on Health, Dr. Zafar Mirza, revealed that while briefing a team of doctors from China at the National Institute of Health (NIH) Islamabad.
Mirza said that the government had a massive pressure from their parents, media and the opposition, but it took the critical decision going against everyone’s advice.
We decided — it was a tough decision for us — against evacuating our students from Wuhan. We worked very closely with the Chinese government and just followed their recommendations.
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Now that the disease is spreading Pakistan, the same students are thanking the authorities for not being evacuated from China.
They are requesting us to take care of their families, in the same way, they were looked after by the Chinese government.
Due ..
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