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Microsoft to buy US gaming giant Activision-Blizzard for $69 bn

Microsoft announced Tuesday a $69 billion deal to purchase US gaming giant Activision Blizzard

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Microsoft to buy US gaming giant Activision-Blizzard for $69 bn
GNN Media: Representational Photo

Microsoft to buy US gaming giant Activision-Blizzard for $69 bnMicrosoft to buy US gaming giant Activision-Blizzard for $69 bn.

Microsoft announced Tuesday a $69 billion deal to purchase US gaming giant Activision Blizzard, the firm behind hits like "Call of Duty" that has been hit by allegations of sex discrimination against women.

"This acquisition will accelerate the growth in Microsoft's gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse," Microsoft said in a statement.

Activision, the California-based maker of "Candy Crush" has been hit by employee protests, departures, and a state lawsuit alleging it enabled toxic workplace conditions and sexual harassment against women. 

Over the past seven months the company has received about 700 reports of employee concerns over sexual assault or harassment or other misconduct, in some cases separate reports about the same incident, The Wall Street Journal has reported.

Nearly 20 percent of Activision Blizzard's 9,500 employees have signed a petition calling for CEO Bobby Kotick to resign.

Source: AFP

Faisal Waqas

Faisal Waqas is a passionate journalist who has eight years of diversified experience in print, electronic and digital media. He has previously worked with other renowned private TV channels as well as English Newspaper and now associated with GNN as Senior Content Writer. Faisal has graduated from the University of Punjab and earned his M.Phil degree in Mass Communication from Superior University of Lahore.

Pakistan

Salman Sufi appointed head of PM’s Strategic Reforms

Salman Sufi, a Mother Teresa Award winner and an expert in introducing unique social welfare schemes, will render his services voluntarily. 

Published by Mehak Javed

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Salman Sufi appointed head of PM’s Strategic Reforms

Islamabad: Prime Minister Shehbaz Sharif on Thursday appointed public policy expert Salman Sufi as the head of the Prime Minister’s Strategic Reforms.

Salman Sufi, a Mother Teresa Award winner and an expert in introducing unique social welfare schemes, will render his services voluntarily. 

Mr. Salman has introduced a number of people-friendly schemes, including the Punjab Women Protection Act, Violence Against Women Centre, Women on Wheels and Shehr-e-Khamoshan. 

He has also served as Director General Strategic Reform Unit during Shehbaz Sharif’s Punjab chief ministership.

Salman Sufi was named one of the top five women’s rights activists in the world, including by the government of incumbent US President Joe Biden, and was also awarded the Vital Voices Award.

Additionally, the government has directed all ministries to make every effort to effectively implement the Prime Minister’s reform agenda. 

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Pakistan

‘Pak-Turk-Kazakh Youth Forum on Biotech’ to be held in Sept

The event will include informative talks from young as well as the experienced scientists of the three countries.

Published by Mehak Javed

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‘Pak-Turk-Kazakh Youth Forum on Biotech’ to be held in Sept

Islamabad: Three-day `Pakistan-Turkey-Kazakhstan Youth Forum on Biotechnology’ will be arranged in September with emphasis on increasing the share of Muslim countries in biotechnology global market.

The forum, to be held from September 13-15, is being sponsored by COMSTECH-the OIC Standing Committee for Scientific and Technological Cooperation, Islamic Organization for Food Security (IOFS) and Islamic Cooperation Youth Forum (ICYF), an official said. 

The global biotechnology market is anticipated to reach a market value of US$ 775 billion by 2024 with an annual growth rate of 7.7%. Increased spending in biotechnology research and development, favourable initiatives by governments, global food security and the increasing need for emerging technologies are some of the factors influencing this growth.

Unfortunately, the share of Muslim countries in this global market of biotechnology is very little which needs to be increased.

This proposed tripartite youth forum (Pakistan-Turkey-Kazakhstan) will help promote excellence and competence in the field of agricultural biotechnology among Muslim countries.

The theme of the forum “Agriculture Biotechnology” aims at providing the best knowledge and resources to young participants to advance their research goals, the official informed.

The youth forum will stimulate the desire to collaborate and change the world of agricultural biotechnology and innovation by promoting state-of-the-art practices in biotechnology research and promoting evidence-based practices.

The event will include informative talks from young as well as the experienced scientists of the three countries.

The event will also include keynote lectures, plenary sessions, oral and poster presentations, discussions and other educational and social events that stimulate several networking opportunities among the young participants of Pakistan, Turkey and Kazakhstan.

The official highlighted that the forum aims to facilitate interactions within the young research community to discuss the latest developments in this rapidly advancing field and find ways to respond to the increasing demands of professionals and communities across the world.

The academics, students and researchers from the OIC countries may apply, while only participants from Kazakhstan, Pakistan and Turkey are eligible for the limited funding available for travel and local hospitality.

This youth forum is planned to be a hybrid event (Physical and virtual), while candidates are required to give their preference in the form.

The participants from all the member OIC states, who can bear their travel expenses may register for the forum and get ticket funding from their parent organizations.

The topics to be covered during the forum include Genome editing and new breeding technologies, large scale genomics and genomic selection in crop and livestock breeding, speed breeding for rapid genetic gain, variants of Cas proteins and their potential applications and high throughput phenomics.

SOURCE: APP

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Pakistan

Pakistan Navy seizes huge cache of drugs in Arabian Sea raid

Pakistan Navy is vigilant to counter any illegal activity and safeguard its maritime borders.

Published by Siddra Sumreen

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Pakistan Navy seizes huge cache of drugs in Arabian Sea raid

Karachi: Pakistan Navy during action in the Arabian Sea foiled a bid to smuggle narcotics worth millions of dollars.

According to PN’s spokesperson, Pakistan Navy Ship DEHSHAT in collaboration with PN air units seized approximately 4500 Kilograms of drugs at the North Arabian Sea. While undertaking maritime security operations, PNS DEHSHAT intercepted the suspicious dhow and recovered a large cache of drugs valued approximately 6.7 million dollars in the international market.

The spokesperson said that the successful operation by the Pakistan Navy in the seizure of a huge quantity of narcotics is a testimony to the fact that Pakistan Navy remains combatted to fulfill national and international obligations and maintaining good order at sea. Pakistan Navy is vigilant to counter any illegal activity and safeguard its maritime borders.

The successful execution of the anti-narcotics operation is a demonstration of the Pakistan Navy's resolve to deter and disrupt illegal activities in the maritime zone of Pakistan, the PN spokesperson said.

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