The Global Social Network
Washington D.C. based AI technology firm Afiniti, founded by serial Pakistani-American entrepreneur Zia Chishti, has filed for initial public offering (IPO) at $1.6 billion valuation, according to VentureBeat.
Zia Chishti founded his first company Align Technology in 1997 in …
ContinueAdded by Riaz Haq on April 15, 2017 at 10:01pm — 4 Comments
Malala Yousufzai, the Pakistani schoolgirl who was shot by the Taliban in 2012 and survived to tell her story, has become a household name in the West. She and her family have found a new home in Birmingham, England.
She has been honored with some of the highest international awards including the Nobel Peace Prize in 2014. Last week, Malala was named the youngest ever UN Messenger of Peace, with a special focus on girls'…
ContinueAdded by Riaz Haq on April 12, 2017 at 8:21pm — 9 Comments
Pakistan's KSE-100 continues to offer attractive valuations for investors in 2017. Its equities are trading at a forward price-earnings ratio of just 9.1, according to Pakistani brokerage firm Arif Habib Limited.
Pakistani shares are on offer at a deep discount to the Indian shares trading at 17.3 price-earnings multiple. While India's stock market is among the world's most expensive, the Pakistani…
ContinueAdded by Riaz Haq on April 10, 2017 at 6:07pm — 9 Comments
Added by Riaz Haq on April 8, 2017 at 7:02pm — 4 Comments
A 3-person team of Pakistani students, including a female student from Islamabad's National University of Science and Technology (NUST), won first place in a contest organized by Stanford Center of Longevity. The team's entry is a device they designed and prototyped that enables tremor patients to perform daily routine tasks.
The Purpose:
The purpose of the contest is to encourage innovation to help improve the quality of life of aging populations in the…
ContinueAdded by Riaz Haq on April 2, 2017 at 8:53pm — 11 Comments
Added by Riaz Haq on March 31, 2017 at 10:56pm — 10 Comments
Consumer confidence index in Pakistan jumped five point from the prior quarter to reach 106 in Q4/2016, according to Nielsen’s global survey of consumer confidence for 63 countries released recently.…
Added by Riaz Haq on March 28, 2017 at 9:30pm — 2 Comments
Added by Riaz Haq on March 24, 2017 at 9:25pm — 17 Comments
A segment of CBS 60 Minutes, top rated American newsmagazine on television, has recently brought sharp focus on H1B visa abuse. It alleges that the H1B visas are being misused by Indian body shops to bring low-cost Indian software engineers to the United States to replace higher-paid American…
ContinueAdded by Riaz Haq on March 24, 2017 at 9:30am — 18 Comments
World Happiness Report 2017 ranks Pakistan (score 5.269) at 80, well ahead of the rest of South Asia.
The latest world happiness report released on March 20, 2017 ranks Bhutan (score 5.011) at 97, Nepal (4.962) at 99, Bangladesh (4.608) at 110, Sri Lanka (4.44) at 120, India (4.315) at 122 and Afghanistan (3.794) at 141 among…
ContinueAdded by Riaz Haq on March 20, 2017 at 1:00pm — 2 Comments
Added by Riaz Haq on March 13, 2017 at 8:30pm — 8 Comments
How does President Trump's latest travel ban on citizens of 6 Muslim nations differ from his earlier executive order blocked by courts? Will the new order face similar block? What is the economic impact of Trump's travel ban on US travel and tourism industry? Will it lead to increased trade deficit and job…
ContinueRecent reports of Russian hacks of the American Democratic Party's election campaign staff to influence the outcome of US elections have brought international cyber espionage in sharp focus once again. How many nations have such capabilities? What are their names? Are India and Pakistan among them?…
ContinueAdded by Riaz Haq on March 9, 2017 at 6:42pm — 29 Comments
A Transparency International (TI) study of 16 Asian countries, including India and Pakistan, has found that India has the highest bribery rate. 69% of survey respondents in India said they have paid a bribe, given a gift or done a favor to receive government services like education and health care. Vietnam follows with…
ContinueAdded by Riaz Haq on March 8, 2017 at 9:42pm — 4 Comments
U.S. President Donald Trump's revised travel ban on citizens of six Muslim-majority countries will not reduce its impact on tourism, according to Taleb Rifai, the head of UN World Tourism Organization. "People don't go to places where…
ContinueAdded by Riaz Haq on February 27, 2017 at 9:58pm — 9 Comments
Added by Riaz Haq on February 21, 2017 at 7:30pm — 9 Comments
The 2.5 micron particulate matter (PM2.5) pollution of air accounts for the world's highest number of pollution-related premature deaths in China and South Asia, according to a report titled "State of Global Air 2017".…
Added by Riaz Haq on February 21, 2017 at 9:00am — 3 Comments
Added by Riaz Haq on February 19, 2017 at 3:00pm — 4 Comments
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Pakistan has unveiled its PFX (Pakistan Fighter Experimental) program as a significant upgrade to its JF-17 joint program with China. The new upgrade will have a number of stealth features ranging from the use of radar-absorbing composite materials and diverterless supersonic inlets (DSI) to internal weapons bay (IWB) which will significantly reduce the aircraft's radar signature. It is targeted for completion by the end of this decade. In addition, the PFX's twin-engine design will improve…
ContinuePosted by Riaz Haq on January 20, 2025 at 1:00pm — 1 Comment
The Pakistan government is preparing to license three low-earth-orbit (LEO) satellite operators for space communication services in the country, according to media reports. The companies whose applications are pending include London-based OneWeb, China's Shanghai Spacecom and US headquartered Starlink. They operate tens of thousands of small mass-produced satellites in low orbits that communicate with designated (mobile and stationary) ground stations. Each LEO satellite circles the earth…
ContinuePosted by Riaz Haq on January 15, 2025 at 1:30pm — 2 Comments
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