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Sindh govt acquires 10 fire engines, one highest available snorkel

KARACHI: Pakistan Peoples Party leader Murtaza Wahab on Friday said the Sindh government had acquired the highest available snorkel in the world and 10 fire tenders. Appreciating the Sindh government's efforts in this regard, he wrote on his Twitter account, "Another promise fulfilled. Highest available snorkel in the world measuring 104 meters has been acquired by Sindh Govt and will be handed over to the fire department of Karachi." He said 10 more fire tenders would be handed over to the city administrations: three…

Netflix acquires comic book creator Millarworld

WASHINGTON: Netflix announced Monday it was acquiring comic book publisher Millarworld, creator of popular series including "Kick-Ass" and "Kingsman." The first-ever acquisition by the US streaming media giant will give it the portfolio created by Scottish creator Mark Millar, who previously worked at Marvel. Netflix said in a statement the deal was part of the company's effort "to work directly with prolific and skilled creators and to acquire intellectual property and ownership of stories featuring compelling…

Facebook acquires Source3 to help fight video piracy

Facebook has acquired Source3 to launch crackdown on users who share content without its creator’s consent. Source3 is the world’s first platform for end-to-end management of intellectual property in user-generated content (UGC). It builds technology to detect intellectual property that has been shared by internet users without permission. This startup provides IP recognition, licensing and rights administration services to connect creators, marketplaces and brands and enable monetization of user content across…

Govt acquires 392 acres of land for Dasu hydropower project

ISLAMABAD: The National Assembly was informed on Thursday that the government has acquired about 392 acres of land for Dasu Hydropower Project and Rs695 million have been paid to the land owners. Minister of State for Water and Power Abid Sher Ali told the House during question hour that further land acquisition and payment to the owners will be made very soon. He expressed hope that the work on the project would begin in the next two to three months. To a query, Abid Sher Ali said subsidy is being provided to…

Facebook acquires video ad company LiveRail

SAN FRANCISCO: Facebook Inc is acquiring video advertising company LiveRail in the Internet social network's latest step to make video ads a bigger part of its business. Facebook did not disclose a price for the San Francisco-based company, which was founded in 2007 and has offices in several countries. LiveRail's technology automatically pairs video ads with the videos that appear on many websites, such as the sites for Major League Baseball, ABC and A&E Networks. Facebook would not discuss plans for using the…

Facebook acquires mobile data plan firm Pryte

SAN FRANCISCO: Facebook Inc is acquiring Pryte, a Finnish company that aims to make it easier for mobile phone users in under-developed parts of the world to use wireless Internet apps. Facebook did not disclose financial terms of the deal, which spokeswoman Vanessa Chan said is expected to close later this month. Pryte's service, which has not publicly launched yet, seeks to make it easier for consumers without wireless data plans to use online services by selling short-term passes that would provide access to particular…