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AI adoption faces barriers

[ Absence of reliable enterprise data, outdated processes remain biggest challenges ISLAMABAD: Pakistan’s growing interest in artificial intelligence is shifting enterprise priorities towards cloud adoption and data modernisation, but businesses must first strengthen their digital foundations before AI can deliver meaningful value. In an interview with The Express Tribune, SAP Middle East and North Africa … Read more

Meta ordered to pay $567m in New Mexico for teen mental health fund

Judge orders youth-safety measures including enhanced review of child sexual abuse reports, notification restrictions A security guard stands watch by the Meta sign outside the headquarters of Facebook parent company Meta Platforms Inc in Mountain View, California, US, November 9, 2022. PHOTO: REUTERS A New Mexico state court ordered Meta on Thursday to pay $567 million into a teen mental health fund and change how its platforms function for young … Read more

Israeli army withdraws from Qalandia refugee camp after raid injures 51 Palestinians

More than 60 Palestinians detained or questioned during nearly two-day military operation The Israeli army withdrew from the Qalandia refugee camp north of occupied East Jerusalem late Thursday after a nearly two-day military raid that left 51 Palestinians injured, Palestinian authorities said. The Jerusalem Governorate said Israeli forces pulled out after an operation involving widespread … Read more

Banks demand one-window housing plan

[ RAWALPINDI: Commercial banks have recommended a one-window documentation operation at the Rawalpindi Development Authority to simplify and expedite the prime minister’s housing programme, officials said on Thursday. The proposal came during a consultative session organised by the State Bank of Pakistan’s Rawalpindi office to address implementation challenges facing the ‘Ghar Ho Tou Apna, Apna … Read more

PSX extends rally despite geopolitical jitters

[ Investors show interest in banks, energy and fertiliser stocks, pushing KSE-100 higher by 1,762 points KARACHI: Pakistan Stock Exchange (PSX) extended its winning streak on Thursday as investors looked beyond lingering concerns over volatile oil prices and the fragile regional peace situation, betting instead on improving market sentiment and selective buying in heavyweight stocks. … Read more

Hackers targeted US private equity, other firms including Blackstone, CME, data shows

Callers pose as IT help desk staff, steer employees to booby-trapped website to hijack account, Google says Ransom-seeking hackers who use phone calls to compromise their victims targeted dozens of prominent United States financial institutions and other businesses over the past month, according to Google and internet intelligence data reviewed by Reuters. The data shows the hackers devised websites aimed at stealing passwords from employees of private equity firms and financial companies including Blackstone, Bridgewater Associates, Apollo Global … Read more