Pakistan News

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  • IDA’s $135m to help improve weather forecast system

    ISLAMABAD: The Interna­­tional Development Association (IDA) of the World Bank will finance Pakistan’s hydro-meteorological and climate services project with a soft loan of $135 million to strengthen the government’s capacity to deliver reliable and timely weather, hydrological and climate information and services to user departments and communities...

    The present capability of the Pakistan Meteorological Department (PMD) allows it...

  • Two die from heatstroke in Karachi amid forecast of hotter weather

    KARACHI: Soaring temperatures claimed two lives in the city on Friday amid a forecast of a hotter weather in the next two days, with mercury levels expected to rise up to 40 degrees Celsius...

    Earlier, the Pakistan Meteoro­logical Department had issued a warning of rising temperatures in Karachi amid the already hot weather being experienced throughout Sindh...

  • Yahoo to shut down maps and other sections

    NEW YORK: Yahoo will close its maps page, and several other sites, as it focuses on its search business, communication tools and content...

    Yahoo will also close several sites worldwide, including Yahoo Music in Canada and France, Yahoo Movies in Spain and Yahoo Autos in the UK Yahoo’s main Philippines page will also close, and users will be sent to Yahoo Singapore instead...

  • Yahoo accused of mismanaging fund for dissidents in China

    A lawsuit accused Yahoo of breaking a financial promise it made to Chinese dissidents almost a decade ago as penance for helping the Chinese government find and jail other activists...

    , federal court by a group of Chinese dissidents, contends that Yahoo mismanaged a $17 million fund set up to provide financial aid to activists...

  • Yahoo launches site for free Hulu television

    SAN FRANCISCO: Yahoo on Monday launched a website for watching Hulu television shows in the United States...

    Yahoo View was described as an extension of the struggling internet pioneer's partnership with Hulu and promised recent episodes of ABC, NBC, and Fox television shows along with films, anime, and Korean drama...

  • As Yahoo struggles to stay afloat, board weighs future of company

    SAN FRANCISCO: The board of Yahoo Inc is weighing a sale of its core Internet business when it meets this week, a source familiar with the matter told Reuters...

    Yahoo's core business, which includes popular services like Yahoo Mail and its news and sports sites, could attract private equity firms, media and telecom companies or firms like Softbank Group Corp, analysts have said in the past...

  • Verizon buys Yahoo for $4.83bn, marking end of an era

    SAN FRANCISCO: Verizon is buying Yahoo for $4...

    Yahoo will be rolled into Verizon's AOL operations and CEO Marissa Mayer may be reunited with AOL CEO Tim Armstrong, who worked with her as executives at Google for years and tried unsuccessfully to convince her to combine the two companies when they both remained independent...

  • Verizon to buy Yahoo in $4.8bn deal

    SAN FRANCISCO: Yahoo sealed a deal on Monday to sell its core business to telecom giant Verizon for $4...

    Verizon chief executive Lowell McAdam said Yahoo would be integrated into its recently acquired AOL unit to create “a top global mobile media company, and help accelerate our revenue stream in digital advertising...

  • Microsoft meets with private equity over Yahoo deal

    Healdsburg: Microsoft Corp executives are in early talks with potential Yahoo Inc investors about contributing to financing to buy the troubled Internet company, a person familiar with the situation said...

    Microsoft and Yahoo have longstanding search and advertising agreements...

  • Reported Yahoo email scanning revives surveillance concerns

    NEW YORK: Yahoo’s reported willingness to search user emails to assist US government investigators has revived concerns about court-approved surveillance programs that companies aren’t allowed to disclose to the people using their services...

    Last year, Yahoo modified an existing version of its email security program to flag the appearance of a digital “signature” the US had linked to a foreign terrorist group backed by another...

  • Verizon close to Yahoo deal, price cut of $250-350m: sources

    Verizon Communications Inc is close to a revised deal to buy Yahoo Inc's core internet business for $250 million to $350m less than the original agreed price of $4...

    Since last year, Verizon had been trying to persuade Yahoo to amend the terms of the acquisition agreement to reflect the economic damage from two cyber attacks...

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