Alibaba acquires 100 percent stake in Daraz
The financial details of the transaction were not revealed and Daraz would continue to operate under the same brand following the sale to Alibaba, said Rocket Internet.
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 April 01,...
Pakistan’s IT exports up by 24% to $3.2bn in FY24
Pakistan's Information Technology (IT) exports have soared to $3.2 billion in the fiscal year 2024, marking a robust 24% year-on-year increase from the previous...
BankIslami becomes victim of $6.5 million cyber-attack
Transactions of approximately $6 million as claimed by the international payment scheme have been denied by the bank.
Who is to blame for Careem’s criminal data breach?
Over the past one year, Pakistani security researchers warned the ride-hailing giant about the security flaws that could result in a cyber-attack.
Alibaba vs Tencent in Pakistan?
The battle between China’s internet giants is about to come to Pakistan, and transform the country’s tech industry… but who will it be good for?
SBP should allow banks to lend to software houses without fixed collateral: CEO Systems Ltd
LAHORE: Systems Limited CEO Asif Peer has suggested a set of overarching reforms to boost IT exports from Pakistan in the wake of Covid-19...
Nine departments of MoST left without permanent heads
Irrelevant officials running key organizations on ad hoc basis
Tania Aidrus’s big bet on creating a Digital Pakistan
It started, as things often do in Pakistan, with a WhatsApp forward. On Thursday, December 5, a group of Pakistanis living in Singapore received...
NetSol closes UK subsidiary amid ‘unfeasible’ operating, net margins
LAHORE: NetSol Technologies Limited, which is one of the biggest software/IT outsourcing companies in the country, in a letter issued today to the Pakistan...
Review: TCL’s S6500 yay or nay?
The latest edition by TCL has been dubbed as the 'Mid Range King'
Avanceon and its Ace cards
What’s in a name? In 1989, Bakhtiar Wain set up an engineering and IT company that focuses on automations. He decided to dub this...
Freelance training generates $1.65 billion as IT committee urges increased female participation
Parliamentary body calls for gender parity and greater transparency from PTCL as Ignite expands its digital skills portfolio
PTA set to launch DIRBS for blocking stolen, smuggled mobile phones
Unregistered devices will be denied mobile communication service and will be included in blacklist if found operational on the public switched network
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
