TechMeta shareholders seek $8 billion from Zuckerberg and board
Shareholders say Zuckerberg and others ignored the FTC deal and failed to protect user data, leading Meta to pay billions in fines
Jul 14, 2025
Monitoring Report
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World Business NewsChina’s exports rise 5.8% in June ahead of new tariff deadline
Export growth is driven by a 16.8% rise in shipments to ASEAN countries and a 32.4% month-on-month increase in exports to the U.S.
Jul 14, 2025
HeadlinesEnergy task force opts for government-to-government deal after auction failures
Government to transfer power plants to Wah Industries after unsuccessful bidding attempts for defunct Genco plants
Jul 14, 2025
HeadlinesGwadar Port Authority offers concessional land rates for local investors
Chairman invites local investors to set up units in Gwadar Free Zone with tax incentives, land at concessional rates, and modern infrastructure
Jul 14, 2025
HeadlinesPakistan’s pulse imports hit record levels amidst local production shortages
Pulses imports surpass 1.3 million tonnes in FY25; calls for policy overhaul to curb over-importation and boost local production
Jul 14, 2025
HeadlinesFBR introduces new property valuation requirement for income tax returns starting July 2025
FBR requires taxpayers to declare “Fair Market Value of Property” in new income tax returns; concerns raised over added complexity for real estate transactions
Jul 14, 2025
HeadlinesFBR to adjust input tax limits for taxpayers using automated system
Starting July 1, 2025, FBR to apply automated risk management system to modify input tax allowances; taxpayers can contest changes within 30 days
Jul 14, 2025
HeadlinesNHA denies irregularities in CAREC project, defends procurement process
NHA submits detailed report to PM's office, clarifies that contract for CAREC Tranche 3 was awarded to eligible firms, following ADB’s approval at every step
Jul 14, 2025
HeadlinesFBR withholds ADRC case records, citing confidentiality
Legal experts question FBR’s secrecy stance amid claims of revenue loss through misinterpretation of tax laws
Jul 14, 2025
HeadlinesFBR to suspend registration of terminal operators failing to meet infrastructure standards
FBR issues new customs order to tighten monitoring of terminal operators at sea ports, off-dock terminals, dry ports, and land border stations, focusing on infrastructure, IT, and documentation compliance.
Jul 14, 2025
TechSpacex to invest $2 billion in xAI as part of $5 billion funding round
The funding follows xAI’s recent merger with social media platform X and values the combined company at $113 billion
Jul 13, 2025
TechNvidia CEO schedules July 16 media briefing in Beijing
U.S. senators urge Nvidia CEO Jensen Huang to avoid meetings with Chinese firms linked to military or intelligence agencies
Jul 13, 2025