Categories
TRAVELING NEWS

CAA DENIES PRIVATE AIRLINE’S PLANE TRAVELLING TO ISLAMABAD HIT BY BIRD

KARACHI: Civil Aviation Authority (CAA) on Friday denied one of a private airline’s plane travelling from Karachi to Islamabad was hit by a bird, ARY NEWS reported.

According to a spokesman of the CAA, a private airline’s flight, ER-500, travelling from Karachi to Islamabad encountered a problem after a windowpane of the plane’s cockpit broke in the mid-air.

“The plane was at 37,000 feet above the land when it happened,” the CAA said adding that the private airline’s report, however, did not mention anything about a bird hitting the plane.

“The air pressure in the cabin of the plane remained at a normal level despite a broken window pane,” he said adding the captain also did not seek any guidance during the landing process.

The spokesman further said that the CAA was taking measures to ensure safety during air travel.

A report on September 29 stated that the incidents of bird strikes are consistently increasing in Pakistan as four more aircraft of Pakistan International Airlines (PIA) hit by birds at different airports during the last 24 hours.

An aircraft of the national carrier, PK-204, hit by a bird which caused damages to both engines. The Lahore-bound plane from Dubai was grounded for repair work by the administration.

Read More: Over 22 bird-hit incidents reported in seven months: PIA

Two PIA planes have also hit by birds including PK-309 and PK-301. Both flights were arriving at Karachi airport from Islamabad. After being collided with the bird, damages on a wing of the aircraft, PK-309, were reported.

In another incident, a bird struck a PIA plane, PK-5739, while preparing to land at Multan airport from Jeddah.

Categories
TRAVELING NEWS

VACCINATION CERTIFICATE A MUST FOR PEOPLE TRAVELLING BY PUBLIC TRANSPORT

KARACHI: Sindh Transport Minister Syed Owais Shah said on Friday that only vaccinated people will be allowed to travel by public transportation in the province.

He in a statement said that vaccination certificate of travelers will be checked to make sure they have got themselves vaccinated against the coronavirus.

Also Read: HERE’S HOW YOU CAN VERIFY YOUR CERTIFICATE

Categories
Famous TRAVELING NEWS

GOVT URGES PEOPLE TO AVOID TRAVELLING TO MURREE, NORTHERN AREAS

ISLAMABAD: Heavy snowfall has disrupted routine life in northern areas with thousands of tourists stranded in Murree and Galiyat region.

Taking to Twitter, Information and Broadcasting Minister Fawad Chaudhry said hundreds of thousands of cars are heading towards Murree and other upper areas to enjoy snowfall.

It has become impossible for the local administration to provide facilities to such a large number of people, the minister said, urging people to postpone their trips to these areas for a few days.

Categories
Technology

Apple is Poaching Xbox Engineers to Launch a Gaming Console of Its Own

Apple has been eyeing the video gaming console market for a while and even tried to bring in engineers from Microsoft Xbox.

The rumor was revealed on the latest episode of Xbox Two on YouTube. Windows Central writer, Jez Corden, stated that the source is not quite reliable, with negligible evidence.
Categories
Technology

Robot Outperforms Humans in World’s First Independent Laparoscopic Surgery

Although we didn’t get flying cars in the 21st century as we had expected, we did get robot surgeons. In a recent breakthrough, researchers at Johns Hopkins University successfully trained a robot to perform an autonomous laparoscopic surgery on a pig.

Categories
Technology

Facebook is Selling Off Its Diem Cryptocurrency Project

The Diem Association, a group of companies working on a block-chain based payment system, is reportedly selling its technology assets to Silvergate Capital for $200 million, states the Wall Street Journal.

Meta, formally known as Facebook, is one of the founding members of the Diem Association.

Bloomberg also reported that Meta was working on selling Diem’s assets as a way to return some capital to the investors behind the project.

Earlier, Facebook planned to introduce Libra in 2019. Since then, Facebook and Diem have scaled their efforts, numerous times. Libra was initially meant to be a digital token backed by numerous international fiat currencies.

Categories
BUSINESS NEWS Technology

APPLE TO LET IPHONES ACCEPT CREDIT CARDS

Apple Inc is planning a new service that will allow small businesses to accept payments directly on their iPhones without any extra hardware, Bloomberg News reported on Wednesday, citing people with knowledge of the matter.

For payments to get accepted on an iPhone, retailers currently use payment terminals to receive money on their iOS devices that are connected via Bluetooth, such as Block Inc’s Square payment systems.

The new feature will instead turn the iPhone into a payment terminal, allowing merchants to accept payments with the tap of a credit card or another iPhone onto the back of their device, the Bloomberg report said.

The system will likely use iPhone’s near field communications, or NFC, chip that is currently used for Apple Pay, the report said, adding the feature may roll out through a software update in the coming months.

The company has been working on the new feature since around 2020, the report said, when it paid about $100 million for Mobeewave, a Canadian startup, that developed technology for smartphones to accept payments with the tap of a credit card.

Apple declined to comment on the report when contacted by Reuters.

According to the report, it is unclear whether the payment acceptance option will be branded as part of Apple Pay or if the company plans to partner with an existing payment network for the feature or launch it alone.

Categories
BUSINESS NEWS

HEWLETT PACKARD WINS MASSIVE FRAUD CASE

US tech giant Hewlett Packard (HP) on Friday won its multibillion-dollar fraud case over its 2011 purchase of British software company Autonomy.

HP accused Autonomy of rigging its accounts, deliberately inflating its value and causing huge losses for the US company when the true situation emerged after the $11.1 billion (9.9 billion euros) sale.

It sued Mike Lynch, Autonomy’s British founder, and former chief financial officer Sushovan Hussain, for around $5 billion.

High court judge Robert Hildyard delivered a summary of his conclusions on Friday, saying HP and the other claimants had “substantially won” their claim.

His full judgment, in what is believed to be Britain’s biggest ever civil fraud trial, is due to be published later.

Hildyard said the amount of damages to be paid will also be dealt with at a later date.

HP claimed the two men “artificially inflated Autonomy’s reported revenues, revenue growth and gross margins… over a sustained period of time.”

The company announced an $8.8 billion write-down of the firm’s value just over a year after the sale.

Interior minister Priti Patel will have to decide on Friday whether to extradite Lynch to the US, where he faces separate criminal proceedings over the sale.

HP lawyer Laurence Rabinowitz told court that Autonomy used “a variety” of fraudulent devices to boost or invent revenue.

Lynch, from Suffolk in eastern England, claimed HP was making him “a scapegoat for their failures”.

A US court in 2018 convicted Hussain of fraud relating to the sale and jailed him for five years.

Categories
BUSINESS ECONOMY NEWS

BITCOIN BOUNCES OFF SIX MONTH LOWS AS BUYERS STEP IN

Bitcoin gained on the day on Monday as buyers stepped in to buy the cryptocurrency, after earlier tumbling to its lowest level in six months on fears of a Russian attack on Ukraine and before this week’s Federal Reserve meeting.

The largest cryptocurrency was last up 2.5% at $37,250 after earlier dropping to $32,951, its lowest price since July 23. That took losses from its all-time high of $69,000 hit in November past 50%.

Bitcoin is now at a critical juncture where analysts say that further selling could reverse its long-term bull trend.

Categories
BUSINESS ECONOMY NEWS

SBP RESERVES FALL $846MN TO $16.2BN

KARACHI: The foreign exchange reserves held by the central bank fell 846 million during the week ending on January 21, according to the data released by the State Bank of Pakistan (SBP) on Thursday.

Sharing a break-up of the foreign reserves position, the central bank said that foreign currency reserves held by the SBP were recorded at $16.2bn, down $846mn.

Last week, SBP-held foreign exchange reserves were down $562 million, taking the cumulative fall to over $1.4 billion.