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ZODIAC

  1. Indian IT companies have also cut back on hiring new graduates as they see less need to make up for people leaving
  2. The moves come amid a tightening job market and persistently high inflation, complicating the outlook for the industry
  3. Move comes after at least two Israeli firms have exploited flaws in Apple's software to remotely break into iPhones
  4. Pakistan is offering conducive environment for investment in SEZs under CPEC, PM Imran Khan tells Chinese corporate leaders
  5. Former Sindh High Court Bar president requests independent commission be formed to inquire into audio case of ex-CJP Saqib Nisar
  6. "MSCI Pakistan Indexes will be reclassified from EM to FM in one step, coinciding with this index review," the statement reads
  7. The committee will evaluate and select the tenders submitted by different companies regarding the demolition of Nasla Tower
  8. The Board of Investment in coordination with the GB government organised a visit of a French delegation to five districts
  9. The Karnataka government has asked IT firms in Bengaluru to extend the work from home policy till the end of the year. While you may think this might be related to the pandemic, the actual reason is entirely different. The Karnataka government has asked IT companies with offices on Outer Ring Road (ORR) or Bengaluru’s IT corridor to extend work from home till the end of December 2022 so that they can work on the Metro rail construction. The request comes from the department of information technology, biotechnology, science & technology as the soon-to-be initiated Metro rail construction from Silk Board to KR Puram is about to begin. The metro line will go all the way to the Kempegowda International Airport (KIA). © Unsplash/jonathan-kemper “We would like to bring to your notice that BMRCL (Bengaluru Metro Rail Corporation Limited) is starting metro construction works on Outer Ring Road (ORR) from Central Silk Board to KR Puram and the construction of the same could extend to about 1.5 to 2 years. The ORR houses many large Tech Parks and IT company campuses and carries [a] large amount of traffic throughout the day. The ORR, despite having 6 lanes and service roads, is infamous for its perennial traffic congestion,” EV Ramanna Reddy, the additional chief secretary, IT/BT, S&T department said in his letter to the regional director of NASSCOM. © Reuters IT firms in Bengaluru were amongst the first companies in India to implement work from home policies when the COVID-19 pandemic broke out in the country. However, many of the companies are planning to resume office in the wake of reduced COVID-19 cases in India. However, the department argues that extending WFH till the end of the year will ultimately benefit IT companies. “IT companies especially located in ORR, would extend the work from home option for most of the employees till December 2022, and/or the IT parks/companies may be advised to stagger the working hours for those employees working physically at office.” © Unsplash/firos nv The department also requested companies that wish to resume working from office to ask their workers to use company or public buses to reduce the congestion. "We request you to circulate this advisory to IT companies located on ORR so that infrastructure development activities are carried out smoothly, which would also ease out traffic congestion in future,” Reddy said. View the full article
  10. WHO has not associated term 'Indian Variant' with B.1.617 variant of coronavirus in any of its reports, says Indian govt
  11. The European Commission, unveils plans to cut dependency on Chinese and other foreign suppliers in six strategic areas
  12. The business deal comes days after a surprise political agreement between the UAE and Israel to normalise relations.
  13. Financial boost is aimed at helping companies at both national and local level, says PBOC deputy governor
  14. People look at foldable Samsung smart phones at the 2020 Consumer Electronics Show (CES) in Las Vegas. Photo: AFPChinese tech producers were present in large numbers showcasing televisions, smartphones and much more at the premier of the Consumer Electronics Show (CES) in Las Vegas, undeterred by their country's trade war with the US. "Companies are all capitalists, and I think everyone is just holding their breath," said analyst Patrick Moorhead of Moor Insights and Strategy. "I think nobody wants to burn any bridges right now, and almost everybody is acting like there are not any issues." Titans such as Huawei, TCL, Skyworth, Hisense and Lenovo once again had eye-catching booths on the show floor where throngs of CES goers checked out their latest innovations. The number of Chinese exhibitors, overall, was down slightly with some smaller companies skipping the show, according to Sarah Brown, communications director of the Consumer Technology Association that runs the annual gadget extravaganza. US on roadmap TCL showed off new 8K televisions, and teased a set of new smartphones, one of them synched to super-fast 5G telecom networks, aimed specifically at the US market. "We can see that the relations between China and US are getting better," TCL overseas business group general manager Harry Wu told AFP. "At the same time we have a supply chain worldwide, no matter Mexico, Vietnam, India or other countries, we have plans to support our sells in US." Wu held firm that TCL has not changed its focus or global business plans due to trade tensions between China and the US. TCL has gained ground fast in the US television market, and sees an opportunity to take advantage of growing brand recognition by broadening its line-up of devices, according to senior vice president Chris Larson. "TCL is huge in China but has factories in Mexico, so it ships goods from Mexico factories to get around tariffs," noted Techsponential analyst Avi Greengart. China-based Skyworth TV has chosen now to enter the US market with rich, big-screen televisions — one an 8K model priced at $5,999. Skyworth is a well established TV brand in its home country. "Our high-end products are more mature and more competitive than ever," said Skyworth chief brand officer Leo Tang. "We´re confident that with the strength of our brand and the quality of our products, Skyworth can start gaining more traction in the US regardless of external challenges." CES bigger than US Chinese companies were plentiful on the expansive show-floor at CES, which wraps up on Friday. Huawei, which has been disparaged by the US government, had its wares on display as it has done at CES for years. "The fact that we have Chinese companies here is encouraging," said Creative Strategies technology analyst Carolina Milanesi. "So they're not boycotting and they see the opportunity. At the end of the day, for all the brands, it's about reaching the biggest addressable market." Analysts noted that CES attracts a global crowd, and even though it takes place in the US alliances or deals made here could be aimed at cultivating business elsewhere. "CES is really a global show, so these companies are sometimes coming to CES but not with the US market in mind," said Brown of the Consumer Technology Association. Out of an anticipated 170,000 attendees, 60,000 were expected to be from outside the US, according to Brown. "For certain, if you don't show up for this event, and you are from China, your potential for getting future business from the US goes down," said analyst Moorhead.
  15. Representational image. Photo: FileFacebook, Google, Microsoft and Twitter unveiled plans Friday to make it easier for users to take their personal data and leave one online service for another.The "Data Transfer Project" revealed by the companies...
  16. Representational image. Photo: FileEnergy firms led a sell-off in most Asian equity markets on Tuesday a day after supply fears sent oil prices plunging, while confidence remains fragile owing to ongoing fears of a global trade war.After hitting...
  17. Cisco Systems Inc on Wednesday warned that hackers have infected at least 500,000 routers and storage devices in dozens of countries. Cisco Systems Inc on Wednesday warned that hackers have infected at least 500,000 routers and storage devices...
  18. French Minister for the Economy and Finance Bruno Le Maire arrives at panel on the security-development nexus during IMF spring meetings in Washington, U.S., April 20, 2018.-Reuters (Photo: File0PARIS: France is looking to see if the European Union...
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