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  • Bill Gates quits Microsoft board of directors

    Bill Gates quits Microsoft board of directors

    Bill Gates has left Microsoft’s board of directors to devote more time to his philanthropy projects, DAWN reported.

    The 64-year-old stopped being involved in day-to-day operations at the firm more than a decade ago, turning his attention to the foundation he launched with his wife, Melinda.

    Gates served as chairman of Microsoft’s board of directors until early 2014 and has now stepped away entirely.

    “It’s been a tremendous honour and privilege to have worked with and learned from Bill over the years,” Microsoft chief executive and company veteran Satya Nadella said in a press release.

    “Bill founded our company with a belief in the democratising force of software and a passion to solve society’s most pressing challenges, and Microsoft and the world are better for it.”

    Nadella said Microsoft would continue to benefit from Gates’ “technical passion and advice” in his continuing role as a technical advisor.

    “I am grateful for Bill’s friendship and look forward to continuing to work alongside him,” he further added.

  • Saudi Arabia suspends international flights

    Saudi Arabia suspends international flights

    Saudi Arabia said Saturday it would suspend international flights for two weeks in response to the coronavirus outbreak, Samaa reported

    “The Kingdom’s government decided to suspend international flights for two weeks (Starting from Sunday March 15) as part of its efforts to prevent the spread of #CoronaVirus,” the foreign ministry tweeted.

    Saudi Arabia has recorded 86 cases of the virus so far, but no deaths, according to the health ministry.

    The kingdom had already halted flights to some countries and closed schools and universities as part of measures to contain the disease.

    Authorities have also suspended Umrah pilgrimage to the Muslim holy cities of Mecca and Medina for fear of the virus spreading.

  • Mount Everest closed for climbers amid coronavirus outbreak

    Nepal has shut down its Himalayan peaks, including Mount Everest, for climbers this climbing season from March to May amid coronavirus spread. 

    The country has also stopped its visa-on-arrival scheme that most climbers used while coming to Nepal. Authorities have announced that all of the Himalayan peaks will remain closed until the situation comes under control.

    More than 30,000 Australian mountaineers travel to Nepal each year during the spring season that starts in March and peaks in April and May.

    As per reports, the country makes more than $5 million a year just from the permit fee it charges from climbers and the country will bear a huge loss after this shutdown.

    The country has reported one case of coronavirus. It was a student from China on his way back to Nepal. The country has tested 450 people so far.

  • NAB arrests Jang/Geo Group owner Mir Shakilur Rehman

    NAB arrests Jang/Geo Group owner Mir Shakilur Rehman

    Pakistani media mogul, philanthropist and Jang/Geo Group owner Mir Shakilur Rehman on Thursday was arrested by the National Accountability Bureau (NAB) Lahore in what sources said was a case pertaining to the purchase of a 54-kanal land.

    Rehman is accused of leasing the said land from former prime minister (PM) Nawaz Sharif in Lahore in 1986, which he was not eligible for.

    The anti-graft watchdog will produce Rehman in front of an accountability court on Friday for his physical remand, NAB spokesperson Nawazish Ali has said.

    The arrest comes a week after the Jang Group of Newspapers editor-in-chief appeared before NAB Lahore and informed anti-graft officials that he had purchased the 54 kanals from a private owner and possessed evidence of the same.

    He also asked the anti-graft watchdog to let him know in writing the information they required of him.

    “The NAB has honest officers as well,” Rehman had said while speaking to journalists outside the NAB office. The media mogul had added he was hopeful that the watchdog and the courts would decide the case fairly.

    In response to a question, he had said everyone was fully aware of the curbs on Pakistani media, and noted that similar accusations were levelled against him in the past as well but were proven to be false.

  • Punjab govt’s first-ever digital payment method collects Rs1 billion

    Punjab govt’s first-ever digital payment method collects Rs1 billion

    Punjab government’s first-ever payment aggregator — a service provider that allows merchants to process mobile or e-commerce payments — called ePay and launched for citizen facilitation and ease of business, has collected over Rs1 billion in tax revenue, The Express Tribune reported.

    ePay was launched on October 4 last year in a collaborative effort between the provincial finance department and Punjab Information Technology Board (PITB).

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    This application provides the public with a stress-free and efficient method of paying taxes and making payments to the government through contemporary banking channels, without going through the ages-old exhausting process.

    Moreover, multiple new payment channels like debit/credit card, mobile wallets, TELCO agent networks and direct debit from the account are being added to further increase the payment options available to the citizens and businesses in the app.

    Read more: Study reveals: Excessive smartphone usage affects brain like drugs

    Additionally, it is also planned to include Government to Public (G2P) and Government to Business (G2B) payment models in future to broaden the horizon of the programme and also add tax/non-tax receipts like online admission fee for colleges/schools, driving license fee, e-challan, character certificate, domicile, fitness certificate (commercial vehicles) and agriculture income tax.

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    The initiative has proved to be a game-changer in the local fintech industry by playing a pivotal role in increasing tax revenue collection of the province and improving financial inclusion. In its first phase, 13 taxes/levies of five departments have been made part of the system.

    Excise & Taxation, Board of Revenue (BoR), Punjab Revenue Authority (PRA), Industries and Transport are the departments liaised with the system through which citizens can pay token tax, motor vehicle registration, transfer of motor vehicle, property tax, professional tax, cotton fee, e-stamping, mutation fee, fard fee and sales tax among others.

  • Study reveals: Excessive smartphone usage affects brain like drugs

    Excessive smartphone usage is not only an addiction, but it also does to your brain what drugs or substance abuse does, German researchers have revealed in a recent study, The News International reported.

    It’s almost impossible to spend a day without using your smartphone. Whether you need it to set alarms, access your daily news or surf social media.

    The study published in the journal ‘Addictive Behavior’ says smartphone addiction is not only alarming, but it should be taken seriously because it has effects of narcotics on your brain.

    German professors at Heidelberg University used brain MRI scans of 48 people, out of which 22 people were addicted to their phones. The comparative study revealed that people with smartphone addiction underwent a change in size and density of their brain — similar to those who suffer from substance abuse.

    One of the areas of the brain that got affected was the grey matter, which is responsible for speech control, cognition, emotions, sight and self-control.

  • Pakistan secures four-months to comply with FATF agenda

    To exit the grey list of the Financial Action Task Force (FATF), Pakistan has been given another four months (until June 2020) to achieve a 27-point action plan, DAWN reported.

    As measures taken by Pakistan in relation to the action plan have been appreciated at the group meetings, according to the report, all members are satisfied with the progress so far and there is no case at all for Pakistan to be blacklisted.

    Pakistan has been given an eight-point action plan to comply in the foreseeable future:

    1. Demonstrate that remedial actions and sanctions are applied in cases of AML/CFT (anti-money laundering/combating the financing of terrorism) violations relating to terrorist financing (TF) risk management and TF standard obligations
    2. Demonstrate that competent authorities are cooperating and taking action to identify and take enforcement action against illegal money or value transfer services
    3. Demonstrate the implementation of cross-border currency and BNI controls at all ports of entry, including applying effective, proportionate and dissuasive sanctions,
    4. Demonstrate that law enforcement agencies (LEAs) are identifying and investigating the widest range of TF activity and that TF investigations and prosecutions target designated persons and entities and those acting on behalf or at the direction of the designated persons or entities
    5. Demonstrate that TF prosecutions result in effective, proportionate and dissuasive sanctions
    6. Demonstrate effective implementation of targeted financial sanctions (supported by a comprehensive legal obligation) against all 1,267 and 1,373 designated terrorists and those acting for or on their behalf, including preventing the raising and moving of funds, identifying and freezing assets (movable and immovable) and prohibiting access to funds and financial services
    7. demonstrate enforcement against TF standard violations, including administrative and criminal penalties, and provincial and federal authorities cooperating on enforcement cases
    8. Demonstrate that facilities and services owned or controlled by designated persons are deprived of their resources and the usage of the resources.

    To swiftly comply with the benchmarks, meetings are already being held at the Federal Board of Revenue (FBR), the National Counter Terrorism Authority (Nacta) and the Ministry of Interior, and an implementation strategy has been shared with Islamabad’s delegation in Paris.

  • Imran’s aide, Naeemul Haque, passes away at 70

    Imran’s aide, Naeemul Haque, passes away at 70

    Special Assistant to the Prime Minister (SAPM) Naeemul Haque passed away in Karachi on Saturday, losing his long battle with cancer at the age of 70. 

    The senior Pakistan Tehreek-e-Insaf (PTI) leader was admitted at a private hospital in the city where he breathed his last. Haque had been battling cancer for the last two years.

    PM Imran Khan took to Twitter to share how devastated he was over the death of his friend.

    Senior PTI leaders, including Fawad Chaudhry and Sindh Governor Imran Ismail, also paid tribute to Haque.

    OBITUARY:

    A banker and businessman by trade and one of the co-founders of the PTI, Naeem was instrumental in promoting positive change in Pakistan as part of the party’s ideology.

    Born on July 11, 1949 in Karachi, Naeem completed his M.A. in English Literature from University of Karachi (1970) and then pursued LLB from Sindh Muslim Law College Karachi (1971). He practiced law with Khalid Ishaq before joining Jamil Nishtar’s team at the National Bank of Pakistan (NBP). As a young banker, he was part of the team that established the NBP branch at UN Plaza in New York City, after which he moved to London in 1980 as a merchant banker for Oriental Credit Limited.

    Naeem had thirty-five years’ of cumulative experience in banking, finance, corporate sector and law in Pakistan, London and New York. During his career, he also served as an Advisor/Managing Director of Aero Asia Airlines, Chairman & CEO Metropolitan Steel Corpand Managing Director, Credit & Leasing Corporation.

    During his professional stint in London in early 1980s, he became close friends with Imran Khan, who used to play county cricket at that time. Imran would frequently visit Naeem and his wife, Nazli Jamil (“Nazo”). Naeem and Imran Khan became especially close friends when the latter developed a debilitating stress fracture in 1983, and Naeem famously gave his exercise bike for Imran’s recuperation.

    Naeem was driven by the purpose to serve Pakistan and believed that positive change could only be brought about in the country through a democratic, political system. In 1984, he joined Air Marshal Asghar Khan’s Tehreek Istiqlal party in London and moved back to Karachi a couple of years later to setup his leasing company business and pursue political aspirations. In the post-Zia ul Haq era, he contested the 1988 elections from Tehreek Istiqlal ticket in Orangi. Even though he lost the election, he continued his interest in politics and kept a breast of economic related matters.

    In 1996, he became one of the five founding members of Pakistan Tehreek-i-Insaf (PTI) along with his close friend Imran Khan. As a trusted aide, he helped Imran Khan manage the party affairs and overcome the election setbacks of 1997 and 2001. After the death of his wife in 2008 from a bout of cancer, Naeem fully devoted his life to PTI, where he become the Central Information Secretary and President of Sindh. He is credited with organizing the huge December 25, 2011 jalsa in Karachi that helped establish PTI’s popularity as a national party.

    In 2012, Naeem moved to Islamabad as Chief of Staff to the PTI Chairman and an integral part of the PTI Core Committee leading into the elections of both 2013 and 2018. He worked extremely hard and directly with Imran Khan in organizing the party at the grass roots working across the board with workers and part office bearers. He also intermittently served as the Information secretary of the party during this period playing an important part on the party’s communication strategy.

    In January 2018, eight months before the general elections, Naeem was diagnosed with blood cancer. Like a true party loyalist, he soldiered on, working long hours prior to the elections while undergoing treatment. Never one to shirk from important causes and managing people and operations, he remained at the forefront. As member of the PTI core committee he was an accessible, approachable and was popular among the workers. When the 2018 victory finally came to PTI, he was appointed a Special Assistant on Political Affairs to the PM and was involved in a number of initiatives ranging from housing scheme, party operations, SDGs and appointments to name a few.

  • Israeli PM’s election app leaks personal data of 6.5 million people

    Israeli PM’s election app leaks personal data of 6.5 million people

    Threats of electoral manipulation and identity theft are rising in Israel after a critical flaw in a voting app used by Israeli Primer Minister (PM) Benjamin Netanyahu leaked personal data of 6.5 million voters.

    The app was used to communicate with voters and it also allowed their personals to be viewed without the need for any technical skills. The leaked data includes voters’ full names, addresses, identity card numbers and phone numbers.

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    As for how the cyberattack was inflicted, the source code of the app was available on the website and even included the personal data of administrators in charge of the app’s database. While Israel’s Privacy Protection Authority has denied the accusation and is looking into the matter, the cause of the breach still remains uncertain.

    A petition has been filed against the Israeli PM’s political party after a programmer said that it was one of the largest and most compromising leaks of Israelis’ personal information in the nation’s history.

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    The party is being accused of violating privacy laws for creating and sharing their database with access to all of the government’s voting registry.

    While the flaw in the app has been fixed, it goes to show how electoral apps aren’t being tested thoroughly and aren’t ready to carry sensitive information.