ISLAMABAD ( MEDIA REPORT ) VimpelCom on revealed that the CEO of its Russian unit, Mikhail Slobodin, has resigned with immediate effect following revelations about his former company, T Plus. “Kjell Johnsen, head of major markets, will lead VimpelCom’s business in Russia with immediate effect,” said VimpelCom, in a briefRead More →

WASHINGTON ( MEDIA REPORT ) A U.S. appeals court has quashed a search warrant that would have required Microsoft to disclose contents of emails stored on a server in Ireland, in a case that has broad ramifications for privacy, diplomatic relations and the ability of American companies to sell webRead More →

ISLAMABAD ( MEDIA REPORT ) Microsoft says it has signed a deal to buy the professional social networking site LinkedIn for $26.2bn. LinkedIn’s shares surged 48 percent to $194.28 on Monday, in a deal that the chairman of LinkedIn’s board, Reid Hoffman, defined as a “re-founding moment”. According to aRead More →

ISLAMABAD ( MEDIA REPORT ) The politico-business Saifullah family stays on the top by owning the highest number of offshore companies among Pakistanis, and British Virgin Islands emerges as the favourite destination of Pakistanis for registering companies that witnessed its peak in 2007. Also, the month of May has emergedRead More →

ISLAMABAD ( ABRAR MUSTAF ) The International Consortium of Investigative Journalists will release on May 9 a searchable database with information on more than 200,000 offshore entities that are part of the Panama Papers investigation. The database will likely be the largest ever release of secret offshore companies and theRead More →

ISLAMABAD ( MEDIA REPORT ) The Anonymous group Ghost Sec, whose stated goal is to “eliminate the online presence of Islamic extremist groups such as Islamic State (IS), Al-Qaeda, Al-Nusra, Boko Haram and Al-Shabaab,” has taken down a large online ISIS site and replaced it with a message telling readersRead More →