Pakistan’s IT exports increase by 39% YoY in January 2024
Exports rise 13% to $1.7 billion in first seven months of FY 2023-24
Why is the caretaker govt offering free money to Pakistani startups? Â
Unlike VC funds, the PSF is an equity-free grant, aimed at bolstering the tech ecosystem in the country, but can it do so?
Pakistan’s IT exports soar 9% MoM to $259mn in November
SBP policy and stable currency boost the IT sector, while computer services lead the growth
Pakistan set to launch 5G in July next year
Telecommunication tribunal and an action advisory committee for 5G will be formed within three weeks, says Dr Umar Saif
Lahore-based CodeNinja secures $1.6mn investment from sAi Venture Capital, partners
The investment will help CodeNinja expand its global presence and scale up its services
Cabinet approves MoU with Saudi Arabia to boost IT
Cabinet greenlights game-changing IT partnership with Saudi Arabia
Google says its AI supercomputer is faster, greener than Nvidia A100 chip
Alphabet Inc's (GOOGL.O)Â Google released on Tuesday new details about the supercomputers it uses to train its artificial intelligence models, saying the systems...
In a swift turn of events, Swyft Logistics undergoes major management changes
KARACHI: Swyft Logistics recently underwent a significant shakeup in its management structure. Muhammad Uns was relieved of his duties as CEO on...
Alibaba to split into six units, explore IPOs
Alibaba Group Holding Ltd (9988.HK)Â is planning to split its business into six main units covering e-commerce, media and the cloud, the company...
China denies asking firms for foreign data as TikTok row heats up
Pressure is building on the massively popular video-sharing app -- owned by the Chinese firm Bytedance -- to obtain new ownership or lose access...
Google begins opening access to its ChatGPT competitor Bard
Alphabet Inc's (GOOGL.O)Â Google on Tuesday began the public release of its chatbot Bard, seeking users and feedback to gain ground on Microsoft...
Meta to cut 10,000 jobs in second round of layoffs
Facebook-parent Meta Platforms (META.O)Â said on Tuesday it would cut 10,000 jobs this year, making it the first Big Tech company to announce...
Facebook undersea cable to boost South East Asia internet
Facebook and Google are planning two new undersea internet cables to connect South East Asia to North America.
The project with regional telecoms...
KPITB launches govt-owned BPO facility in Peshawar
PESHAWAR: Khyber Pakhtunkhwa Information Technology Board (KPITB) on Thursday announced that it has launched KP’s first-ever government-owned Business Process Outsourcing (BPO) facility in...
MOIT&T urges SBP to make regulations more favourable
ISLAMABAD: The Ministry of Information Technology and Telecommunications (MOIT&T) along with the Pakistan Software Export Board (PSEB), and in conjunction with the...