Wednesday, August 31st, 2016
British tech champion ARM’s sale to Japan’s SoftBank wins shareholder nod
LONDON: Shareholders in British technology company ARM approved its sale to Japan’s SoftBank on Tuesday, marking the end of independence for the chip designer that powered the smartphone revolution. SoftBank swooped on the Apple supplier in July, agreeing to pay $32 billion in cash for a company that it hopes will remain at the forefront of digital innovation. ARM said that more than 95 percent of the votes cast on Tuesday approved the takeover. Seeking to win political backing and smooth the path for the deal, the Japanese company’s charismaticRead More
CJP Jamali takes suo motu notice of Quetta carnage
ISLAMABAD: Chief Justice of Pakistan (CJP) Justice Anwar Zaheer Jamali on Wednesday took suo motu notice of the Aug 8 suicide bombing at Quetta Civil Hospital hospital in which 73 people, most of them lawyers, were killed. The CJP took suo motu notice under Article 184 (3) of the Constitution on a note submitted by the Supreme Court registrar Arbab Muhammad Arif containing details of the bombing, said a press release issued by the apex court. “The Quetta incident has raised many doubts about the state of governance in BalochistanRead More