Category Archives: Finance

Finance covers latest profit and loss of Tech companies and also their standing stocks and shares

pakwheels

PakWheels Auto Show will be held in Karachi on Sept,13

PakWheels, is going to organize Auto Show in Karachi. Pakwheels is currently the leading and largest community website based on automobiles in Pakistan with over 300,000 plus registered motorcycle and…

daraz-pk

Pakistani’s going crazy in Online shoping

Online buying and selling services are gaining popularity nowadays in Pakistan. The cash on delivery service has a great attraction for the people but it is not that familiar for…

Michael-Dell-$24.4

Michael Dell and Silver Lake made final offer of $24.4 billion to buy Dell

Michael Dell and the private equity firm, Silver Lake Partners have made the last and final offer of $24.4 billion to buy Dell and take company private once again. The…

nokia-siemens-networks

Nokia agrees to give 1.2 billion euros for 50 percent shares in Siemens

Nokia’s debt rating was further cut into junk by Standard & Poor’s, which claimed that the Finnish handset maker’s can run out of net cash after it settled to purchase…

Pak-govt

Pak Government decides to take funds from Universal Support Fund (USF)

The government has decided to take funds gathered by the Universal Support Fund (USF) and add it to the federal reserves. Nowadays funds are very difficult to come for the…

Nokia-siemens

Nokia agreed to buy Siemens in a six year deal for $2.2 billion

Nokia has agreed to purchase Siemens shares in a six-year deal for $2.2 billion. This deal will give complete access of the Siemens accounts and cash flows to the Finnish…

apple

Apple Inc is accused of increasing the price of tablets

The U.S. federal and state departments will make a trial against Apple Inc who is accused to increase the price of tablets. The appearance makes the tech giant accountable to…

firefox_may_2013

Google Chrome at 15.74 percent took yet another beating in May

The top internet browser war continues as the year reaches to the mid of 2013. May saw the 2nd full month of seasoned IE10 availability on Microsoft’s Windows 7, as…

Apple

Apple to pay $300 per user in class-action lawsuit settlement

Apple finally has agreed to pay an amount of $53 million to settle its class-action lawsuit from customers. Apple used faulty moisture indicators both in iPhones and iPods that resulted…

LINK-dot-NET

PTCL takes over as Linkdotnet ends broadband services in Pakistan

Mobilink sister Link Dot Net has decided to stop its operations in Pakistan. Linkdotnet customers will be switched to PTCL broadband services. The transition of current customers from the Link…