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Yahoo names Tinder’s boss as new CEO

NEW YORK: Yahoo has named dating app Tinder’s boss Jim Lanzone as its new chief executive officer.  This move comes just days after Apollo Global Management completed its purchase of the online media company from Verizon Communications. On September 1,

Therapy Works’ CEO, six workers granted bail in Noor Mukadam case

ISLAMABAD: The District and Sessions Court has granted bail to six employees, including the CEO of Therapy Works, in the murder case of Noor Muqadam, daughter of former Pakistani ambassador.  In its written decision, the District and Sessions Court said

Amir eyes comeback after receiving assurances from Wasim Khan

LAHORE: Fast bowler Mohammad Amir is expected to make a comeback to cricket after he revealed that Pakistan Cricket Board (PCB) CEO Wasim Khan has assured him to address his reservations.  In an interview on the Youtube channel, Amir said

FIA arrests CEO among eight employees of software house

KARACHI: Federal Investigation Agency (FIA) has arrested eight people including the CEO of Digitonics Lab software house in the case of suspicious foreign transactions. CEO Digitonics Lab Pvt. Ltd Burhan Mirza was among eight employees arrested on charges of local

FIA files case against former PIA CEO for illegal appointment

ISLAMABAD: Federal Investigation Agency (FIA) has lodged a case against two former officers of the Pakistan International Airlines (PIA) for causing a loss of Rs5.2 million to the national airline. FIA Corporate Crime Crime filed the case against two foreign

K-Electric CEO accused of sexual harassment

KARACHI: A sexual harassment petition has been filed against K Electric CEO Moonis Alvi. Former media consultant Mahreen Aziz Khan has filed a petition alleging sexual harassment against CEO K-Electric. Taking action on the request, the ombudsman on sexual harassment

Pfizer CEO sold $5.6 million in stock on day of vaccine announcement

WASHINGTON: Pfizer CEO Albert Bourla sold $5.6 million of his stock in the US pharmaceutical company on the same day it announced promising results for its COVID-19 vaccine. The company has reportedly said the sale was part of a pre-arranged

Twitter board expresses confidence in CEO Dorsey

SAN FRANCISCO: The board of Twitter expressed support for Chief Executive Officer Jack Dorsey after a management review prompted by an investor’s effort to push him out of the job. “The committee expressed its confidence in management and recommended that

SC directs to place K-Electric CEO’s name on ECL

KARACHI: Supreme Court on Tuesday directed to register a case against K-Electric over deaths in Karachi due to electrocution during the recent rainfall. Chief Justice of Pakistan (CJP) Gulzar Ahmed has also ordered to put the name of K-Electric Chief

Govt fully committed to execution of TAPI pipeline project: Omar Ayub

ISLAMABAD: Federal Energy Minister Energy Omar Ayub has said that the government was fully committed to execution of Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project. The statement came between the meeting of Omar Ayub with Turkish Ambassador Movlamov Atajan and CEO of TAPI

LinkedIn CEO Jeff Weiner to step down

SAN FRANCISCO: Professional networking platform LinkedIn’s chief executive officer, Jeff Weiner, said that he would step down from his position  The head of product Ryan Roslansky will take over as CEO of the Microsoft-owned company effective June 1, Weiner said

PM meet Youtube chief, other business leaders in Davos

DAVOS-KOLSTERS: Prime Minister Imran Khan on Wednesday met with CEO of YouTube Ms Susan Wojcicki on the sidelines of World Economic Forum (WEF) annual meeting in Davos. SAPM Syed Zulfiqar Abbas Bukhari and Amabssador at large on Investments Ali Jehangir

CEO Amazon Bezos to face protests during India visit

NEW DELHI: Thousands of small-scale merchants in India plan to organise protests against Amazon founder Jeff Bezos, who will be visiting India next week for a corporate event and possible meetings with Indian government officials. Amazon CEO Jeff Bezos will

McDonald’s fires CEO after relationship with employee

LONDON: McDonald’s announced on Sunday that president and CEO Steve Easterbrook was out after showing “poor judgment” by engaging in a “consensual relationship” with an employee. Easterbrook was replaced by Chris Kempczinski, the president of McDonald’s USA. Kempczinski was also