Technology.

• Position: Mozilla Firefox security updates, foreign direct investments in information technology sector, Jazz Ltd.

PAKISTAN NEWS:

If You Use Firefox You'll Need to Update it Right Now:

If you are using Mozilla's Firefox web browser on PC, you should update it to the latest version right now. Mozilla has released security updates Firefox 67.0.3 and Firefox ESR 60.7.1 to fix a critical bug that hackers could exploit to take control of your PC."A type confusion vulnerability can occur when manipulating JavaScript objects due to issues in Array.pop. This can allow for an exploitable crash. We are aware of targeted attacks in the wild abusing this flaw," says Mozilla.

FDI in IT Sector Shows Declines by $4 Million in First 11 Months:

Information Technology sector fetched $25.5 million Foreign Direct Investment (FDI) in July-May 2019 compared to $29.5 million in the corresponding period last fiscal year, depicting a decline of around $4 million. According to statistics released by the State Bank of Pakistan (SBP), $25.5 million inflow and $5.5 million outflow was registered in the information technology sector during July-May (2018-19). The net FDI remained at $20 million during this period.

Jazz Continues its Digital Evolution to Become More Leaner Organization:

Jazz and VEON Ltd. are continuing on the path of digitalization by not only offering state-of-the-art services, but also keeping in view global digital transformations by evolving into agile, digital and constantly learning organizations.

This digitalization process has seen the company make a shift in its organizational strategy to introduce more sustained growth. By adopting a leaner, more agile operating model, through automation of various processes, Jazz is not only looking to reduce its cost base, but also improve upon its service delivery mechanism and customer support operations.

All You Need to Know About Facebook New Cryptocurrency Libra:

Facebook has finally revealed the details of its cryptocurrency Libra, which lets you buy things or send money to people with nearly zero fees.

The company revealed its white paper explaining Libra and how it works before its public release in 2020.Once the cryptocurrency launches, you will be able to buy, or cash out Libra online, or at a local exchange point like grocery stores. You can spend it using third-party wallet apps or Facebook's own Calibra wallet that will be built into WhatsApp, Facebook Messenger, and as a standalone app.

Xiaomi Teases a Phone With Flippable Cameras:

In November 2018, Xiaomi and Meitu decided to collaborate such that Xiaomi...