The iconic U.S. movie studio Metro-Goldwyn-Mayer Studios Inc. a.k.a. MGM was floated in the market in December 2020. Since then, the studio has been in talks with different companies, however, it was not able to finalize a deal. Now, reportedly, Amazon is in talks to acquire the organization for $9 billion. According to previous reports, MGM was hoping to strike a deal for around $7 billion to $10 billion. If the deal goes through, Amazon will get its hands on several classic films dating back many decades. In addition to this, other fan favorites such as James Bond, The Handmaid’s…
Category: Tech and Telecom
Rupee Posts Big Loss Against the US Dollar Second Day in a Row
The Pakistan Rupee (PKR) opened trading yesterday with a downward movement against the US Dollar after a week’s halt in trading owing to the Eid holidays. The second day of the week saw that loss deepen with further erosion of PKR against the greenback. ALSO READ Rupee Opens the Week With Loss Against the US Dollar PKR went down by 29 paisas against the USD, closing at Rs. 152.89 to the USD at the end of the trading day today (Tuesday, May 18) compared to Rs. 152.60 to the USD on Monday (May 17). Dealers said that the local unit…
CAA to Charge Additional Fee on Domestic Flights
The Civil Aviation Authority (CAA) will now charge passengers on domestic flights an additional Rs. 600. According to the details, travelers on domestic routes will have to pay this fee when they book an airline ticket. They will also be charged Rs. 500 as embarkation fee, and another Rs. 100 as a security fee. ALSO READ International Flights to Pakistan Reduced by 80%: Civil Aviation Authority The CAA has notified all the airlines to collect these charges at the time of bookings. ALSO READ CAA to Collect PIA’s Outstanding Dues From Passengers In other news, the CAA has revoked the flight…
MoST Installs E-Voting Machine at Parliament House
After a long debate among the members of the National Assembly, the Federal Ministry of Science and Technology has finally installed an Electronic Voting Machine (EVM). As per the view of the government, the installation of the EVM will allow the concerned lawmakers and news outlets to understand how the machine will help make the voting mechanism more transparent. A press release in this regard was issued by the National Assembly Secretariat, which read, “The machine has been put on display on the advice of Prime Minister Imran Khan”. ALSO READ Govt Appoints Dr. Moeed Yusuf as National Security Adviser…
FBR Introduces Online Electronic Hearing of Tax Audits and Assessments Cases
The Federal Board of Revenue (FBR) has launched the software of electronic hearing of tax audit and assessment cases to facilitate the taxpayers. This has been done by enabling and functionalizing the e-Hearings module in the Iris. The module enables online hearing both from the dedicated hearing rooms established in the field formations and from the places of the taxpayers. Such e-Hearings would be recorded and archived for further legal and administrative utilization. In the first phase, the module has been launched and tested in LTO Islamabad, RTO Rawalpindi, RTO Faisalabad, and RTO Peshawar, wherein online e-Hearings through the dedicated…
Qualcomm Snapdragon 778G Will be a 6nm Chip: Report
Qualcomm is launching a new chipset soon that will power the upcoming Honor 50 smartphone. The Qualcomm SM7325 chipset is expected to be announced soon and was rumored to be called the Snapdragon 775G, but a new report suggests otherwise. ALSO READ Honor 50 Will be The First to Feature Snapdragon 775G: Leak A new leak from renowned Chinese tipster Digital Chat Station reveals that the chipset may be called the Snapdragon 778G instead. He has also revealed other specifications for the chip that are a lot like the Snapdragon 780G, including the CPU, GPU, and connectivity features. Although the two…
Punjab Announces Schedules for Matric and Inter Exams
The Punjab Board Committee of Chairmen (PBCC) has announced the schedule for the Matriculation and Intermediate examinations. It was decided in a meeting of the PBCC in Lahore on Tuesday that the Matriculation examinations will commence from 17 June across the province, and that the Class 9 examinations will start on 27 July. ALSO READ Govt Appoints Dr. Moeed Yusuf as National Security Adviser The meeting also conveyed to the respective boards that the Intermediate Part 1 examinations will commence from 11 August, and that the Part 2 examinations begin on 2 July this year. The Matriculation examinations results will…
IPEMC to Make the Final Decision on Schools Reopening This Week
The National Command and Operation Center (NCOC) has decided to take the matter of the reopening of schools to the Inter-Provincial Education Ministers’ Conference (IPEMC). In a meeting on Tuesday, the attendees of the session discussed the overall pandemic situation across Pakistan and the reopening of educational institutes. ALSO READ KU Announces Its Final Decision on Classes & Exams Schedule They agreed to have the board examinations conducted across the country under strict COVID-19 SOPs. It was also decided that a meeting of the IPEMC would be called before 23 May to discuss the reopening of educational institutes and the…
Realme to Unveil Something Mysterious Soon
Realme’s division for smart gadgets dubbed the TechLife is reportedly planning to introduce a new brand. The company CEO Madhav Sheth recently disclosed the news and teased that the new division’s name will start with the letter ‘D’. However, he did not mention whether Realme is launching a new brand or if another company will be joining Techlife. Either way, the new brand will have its own product line. Realme is set to make a full announcement and reveal the nitty-gritty on 25th May. Nevertheless, we are expecting the company to drop in more teasers until then. This new venture…
AB de Villiers Reveals Whether He Will Play T20 World Cup This Year
Cricket South Africa (CSA) has announced that former star player, AB de Villiers, will not be returning from international retirement to take part in the upcoming ICC T20 World Cup. CSA had previously hinted that de Villiers may be in line for a comeback to the national side after a gap of 3 years. ALSO READ Sachin Tendulkar Finally Admits How Shoaib Akhtar Made Him Suffer for 2 Months AB de Villiers himself was also hopeful of making a comeback to the Proteas squad but after a lengthy discussion with the CSA officials it has been decided that there is…
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