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Technology

Web Desk
Nov 21, 2024

Fans worried as Kadokawa confirm Sony’s interest in acquisition

Kadokawa Corporation confirmed that they received an initial letter of intent to acquire company shares from Sony, in a statement released on Wednesday responding to media articles about the possible acquisition.

Business

Web Desk
Oct 03, 2024

Telecos raise competition concerns over PTCL’s takeover of Telenor

The merger could allow PTCL to monopolise LDI services, such as the recent shift of Ufone’s LDI service from Wateen in Balochistan.

Pakistan

Web Desk
Jun 12, 2024

Chinese company acquires Lahore Citi hospital for Rs 700 million

Wang Yanfei, CEO Jiu Zhou, mentioned that the Henan business delegation was visiting Pakistan in March 2024. “During our trip, we explored several cities in Pakistan and carefully assessed investment opportunities.

Business

Web Desk
Mar 27, 2024

Gulf giants express interest in acquiring PIA

The United Arab Emirates, Saudi Arabia, and Qatar have emerged as potential buyers for Pakistan International Airlines (PIA).

Technology

Web Desk
Mar 26, 2024

Canva acquires design platform Affinity to offer Adobe-like editing tools

Australian design software developer Canva has made its largest acquisition to date by acquiring UK-based design platform Affinity.

Latest

Web Desk
Jan 26, 2024

Microsoft to cut 1,900 jobs in gaming division restructuring

Microsoft is set to lay off approximately 1,900 employees across Activision Blizzard and Xbox this week, as reported by The Verge.

Business

Web Desk
Jan 17, 2024

Uber ends alcohol delivery app to focus on another service

Uber has announced the closure of Drizly, the US-based alcohol delivery service it acquired for $1.1 billion in 2021.

Latest

Web Desk
Dec 18, 2023

Here’s why your money is not at risk in Easypaisa account

After the acquisition of Telenor by PTCL, concerns have arisen among EasyPaisa users regarding the fate of their financial services app.

Business

Web Desk
Dec 14, 2023

PTCL seals Rs108 billion deal to acquire Telenor Pakistan in telecom sector mega merger

In a significant consolidation within the telecom sector, Pakistan Telecommunication Company Limited (PTCL) has finalised a Share Purchase Agreement (SPA) with the shareholders of Telenor Pakistan (Private) Limited (TPL) for the acquisition of 100 per cent shares at the value of Rs 108 billion ($385 million).

Technology

Web Desk
Oct 06, 2023

Microsoft to finalise $68.7 billion acquisition of Activision Blizzard next week

In a significant corporate move, Microsoft is on the verge of finalising its long-anticipated acquisition of Activision Blizzard, a deal valued at a staggering $68.7 billion.