Pakistan’s Interim Government Implements Drastic Spending Cuts

The caretaker government made this decision due to the country’s challenging financial situation. The interim federal government has decided to reduce spending significantly in an effort to demonstrate a surplus of Rs600 billion on behalf of the provinces during the current fiscal year and to meet the International Monetary Fund’s (IMF) condition of reducing the …

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Facebook Changes Its Name To Meta As It Refocuses On Virtual Reality

Facebook changes name to Meta as it refocuses on virtual reality

In this screengrab from a video posted on Thursday, Facebook CEO Mark Zuckerberg addresses the crowd during a live-streamed virtual and augmented reality conference to announce the rebranding of Facebook as Meta. According to the firm’s Thursday announcement, Facebook Inc will now be known as Meta, which emphasizes developing the “metaverse,” a shared virtual environment …

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Microsoft : Fresh US Cyberattack by Russian Hackers

Russian hackers behind fresh US cyberattack, says Microsoft

The latest assault has been underway since at least May, according to MSTIC, with Nobelium employing a “diverse and changing toolkit that contains” several methods. Washington:  Microsoft said Monday that the Russian-backed hacking group that carried out the massive SolarWinds cyberattacks last year is responsible for a new and continuing assault. The Nobelium group attempted …

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PSO Announces Record-Breaking Profits for Q1

PSO Announces Record-Breaking Profits for Q1

Pakistan State Oil (PSO) has defied all odds in a changing, epidemic, and lockdown environment. It is proof that PSO’s resilience and strength as it continues to revolutionize and improve. The financial year 2020-21 (FY21) saw PSO announce a new record high gross income of PKR 1.4 trillion, along with the highest ever after-tax profit …

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Pakistani E-Voting Machine Is Getting New Capabilities

Pakistani E-Voting Machine Is Getting New Capabilities

The PM received a detailed description and a demonstration of Pakistan’s first locally-produced electronic voting machine (EVM) on Thursday. Following the briefing at the Prime Minister House, federal Minister for Science and Technology Shibli Faraz announced that the new machine had been created with Pakistani indigenous resources and in accordance with the Election Commission of …

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