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PAKISTAN NEWS:
PTCL supports NIC Karachi on graduation of its first cohort of startups:

PTCL is proud to support the startups incubated at National Incubation Center (NIC), Karachi at a special graduation ceremony for their first cohort of startups at its facility in NED University, Karachi. The ceremony was attended by Syed Shahzad Shah, Executive Vice President, Marketing & Communication, PTCL, Fariha Tahir Shah, GM Corporate Communication, PTCL, AtifRais Khan, Chief Executive Officer, LMKT, Shabahat Ali Shah, Executive Director National Information Technology Board (NITB), Shahjahan Chaudhry, Project Director, NIC Karachi, along with tech entrepreneurs, business leaders, professionals and students.

The 17 graduating startups span a variety of industries, including, education, agriculture, commerce, waste disposal and robotics.

Jazz posts whopping 22pc revenue growth:

Jazz, Pakistan’s largest mobile phone operator, has posted Rs. 101.7 billion in revenue for the first half of 2019, up by 22% from Rs. 82.4 billion during the same period last year. In the second quarter, the company posted Rs. 51.1 billion in total revenues, showing a 20.5% YoY growth when compared with the same duration last year.The company said that massive growth in revenue was due to good operational execution as well as higher usage by customers following the suspension of taxes. Excluding the impact of the suspension of taxes collected, revenue growth was 15%.

Infinix launches the Hot 7 pro in Pakistan:

Infinix is launching a new 64GB phone called the Hot 7 Pro which is priced at only Rs. 19,999. The company announced that this latest addition to the Hot series, which features a large 6.2 inch display and 13MP rear camera, will be available for consumers this Eidul-Azha. Moreover, Infinix is giving away 10,000mAh power-banks to the first 500 people who purchase the Hot 7 Pro.

The Hot series features the most popular Infinix smartphones which are affordable, stylish and have great specs. In lieu of this, the Hot 7 Pro is a phenomenal device that offers a lot at a nominal price.

Vivo Z5 launched with an under-display fingerprint reader:

Vivo launched its latest mid-range offering called Vivo Z5. The smartphone is a slightly upgraded version of the Vivo Z5x launched in May this year. The new model comes with a better processor, a better camera and an under-display fingerprint reader. Apart from this, other features are mostly borrowed from Vivo Z5x.

Realme breaks into the top 10 smartphone brands in just one year:

Counterpoint, the international research institution, recently announced a mobile phone shipment report for Q2 2019. According to the report, emerging smartphone brand realme showed eye-catching performance. After only one year of establishment, it quickly became one of the top 10 mobile phone manufacturers in the world, alongside Samsung, Huawei, and Apple.

Tiktok creator Bytedance to launch its own smartphone:

TikTok owner ByteDance, which is currently the world’s most successful startup, has confirmed that it has plans to launch a smartphone in partnership with Smartisan. ByteDance said last week that it has plans to enter the smartphone market after it made a deal with Smartisan earlier this year, acquiring a number of its patents and employees.

Zong 4g announces prepaid data roaming bundle for UK:

Zong 4G, in its pursuit to provide seamless connectivity anywhere and everywhere, has launched its affordable data roaming services in the United Kingdom for data-hungry travelers. Augmenting world-class experience for its valued customers away from home, Zong 4G is providing unparalleled services with significant ease of usage while traveling to the UK. Zong 4G’s resolve to create world-class experiences has created a massive shift for the largest 4G subscriber base, by providing affordability alongside unrivaled 4G services both nationally and internationally.

The greatly economical roaming Prepaid Data Bundle in the UK is a testament of Zong 4G’s commitment to offer unmatched, innovative, unique services and solutions to its valued customers.

Samsung Galaxy fold to launch right after iphone 11:

Originally intended to be launched on 22nd April this year, Samsung Galaxy Fold was delayed indefinitely to fix certain issues. At the start of 2019, the smartphone was shaping up to be the most exciting device of the year but to everyone’s disappointment things did not turn out the way they were supposed to. After a long 5 month wait, the Korean electronics giant has finally confirmed that after certain changes, the smartphone will be released in September. Even though the company did not specify a date, a report from a Korean outlet The Investor says that the Galaxy Fold will be released in South Korea on September 18, 19, or 20.

 

INTERNATIONAL NEWS:
Kidney condition detected in minutes by app:

A mobile phone app has speeded up the detection of a potentially fatal kidney condition in hospital patients. Staff described the technology as a “potential lifesaver”, providing diagnoses in minutes instead of hours. Acute kidney injury is caused by serious health conditions, including sepsis, and affects one in five people admitted to hospital. The condition is more common in older patients and, if not treated quickly, can affect other organs.

Facebook funds AI mind-reading experiment:

Facebook has announced a breakthrough in its plan to create a device that allows people to type just by thinking.It has funded a study that developed machine-learning algorithms capable of turning brain activity into speech. It worked on epilepsy patients who had already had recording electrodes placed on their brains to assess the origins of their seizures, ahead of surgery. Facebook hopes it will pave the way for a “fully non-invasive, wearable device” that can process 100 words per minute.

Russia denies oneweb’s satellite internet request:

A firm that plans to launch hundreds of satellites into orbit to provide worldwide internet coverage has failed in its latest attempt to get approval in Russia. OneWeb, whose headquarters are in the UK, was seeking to use a certain band of radio frequencies in Russia. However, the State Commission for Radio Frequencies has denied it permission to do so.

Apple sales rise while iphone revenues dip:

Apple posted a small gain in sales for the third quarter of the year.While iPhone sales dipped, the company made up the difference in higher revenues in services such as its software store and music service.Sales rose 1% to $53.8bn (£44.3bn), while net profit dropped 13% to $10bn. The company stemmed some of its drop in sales to China. The results beat Wall Street estimates and shares gained 3.5% to $216.10 in after-hours trading.

Dark web criminal bought ‘quadrillions of Zimbabwe bank notes’:

A drug dealer who used dark web marketplaces to ply his trade apparently used part of the proceeds to buy vast quantities of Zimbabwean cash.

The FBI said Richard Castro, of Florida, had bought the equivalent of “approximately 100 quadrillion [1,000 trillion] Zimbabwe bank notes” in June 2018. Use of the currency had ended years earlier, following hyperinflation. The purchase is thought to have been part of a wider money laundering scheme.

Google reveals fistful of flaws in Apple’s imessage app:

A team of bug-hunters at Google have shared details of five flaws in Apple’s iMessage software that could make its devices vulnerable to attack.In one case, the researchers said the vulnerability was so severe that the only way to rescue a targeted iPhone would be to delete all the data off it. Another example, they said, could be used to copy files off a device without requiring the owner to do anything to aid the hack. Apple released fixes last week. But the researchers said they had also flagged a sixth problem to Apple, which had not been rectified in the update to its mobile operating system.

Capital one data breach: arrest after details of 106m people stolen:

The personal details of about 106 million individuals across the US and Canada were stolen in a hack targeting financial services firm Capital One, the company has revealed. The alleged hacker, Paige Thompson, was arrested on Monday after reportedly boasting about the breach online. Capital One said the data included names, addresses and phone numbers of people who applied for its products.But the hacker did not gain access to credit card account numbers, it said. The data breach is believed to be one of the largest in banking history.

Samsung’s operating profits drop by 56pc

Samsung Electronics has posted its financial results for the second quarter that ended on June 30, 2019. Just as predicted, the company is struggling to maintain its profits. Samsung saw its operating profits drop by an alarming 56 percent year on year. The company’s operating profits came in at KRW 6.6 trillion for the second quarter, which is a small increase over last quarter’s results, but much lower than last year’s KRW 14.87 trillion.

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