98pc increase in budget allocation to boost IT sector

All the projects were funded by the indigenous resources of the government and not a single penny is taken as a foreign grant, revealed the budgetary document

Learn how Facebook targets its users with advertisements

NEW YORK: If you want to tailor a Facebook ad to a single user out of its universe of 2.2 billion, you...

Dawood Hercules backs off Rs17.453 billion deal with Edotco Pakistan

At end of August 2017, DHCL in partnership with Edotco entered into an agreement with Veon Pakistan Limited to acquire its wireless tower business in Pakistan for $940 million.

Govt approves country’s first ever “Digital Pakistan” policy

PM Abbasi announced a cash reward and extension of a tax holiday on IT exports till 2025, reduction in sales tax to 5% in Islamabad Capital Territory and ensured long-term financing at 5% interest rate and formation of legislation for new IT parks

Advancement of ICT led development, a priority for the government

Mr Maqbool shared with the advent of mobile internet, Pakistan is on the same route of development as that of neighbouring countries

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.

Zong 4G partners with Daewoo Express

Zong 4G and Daewoo Pakistan Express Bus Service recently entered into a strategic partnership to enhance connectivity on-the-go.

ZTE paid $2.3 billion to US exporters in 2017

In April this year, the Commerce Department found ZTE had violated the terms of last year’s settlement and banned U.S. companies from providing exports to ZTE for seven years. As a result, ZTE suspended its main operating activities earlier this month

How IT enabled a Matric-qualified carpenter earn $50,000 in 18 months

Matric-qualified Muhammad Muawiya, a 22-year-old resident of Karachi, earns more than a bank manager every month and that too from the comfort...

Govt wants to establish ICT SEZ on priority basis in Islamabad

As per data accumulated by the central bank, the export of IT and related services rose to $1.067 billion in FY18 against $939 million in FY17, posting a 13% increase

The Black Sheep of the White Hat community

During our investigation into the recent security breach at Careem, some industry sources highlighted a faction of the white hat community that exploits startups that are vulnerable to cyber attacks, prompting Profit to look into how ethical these ‘ethical hackers’ really are.

Who has the right to our data?

How a lack of data protection legislation in Pakistan is hurting users and gives them no recourse to legal action in event of a data breach like the one that happened at Careem

AI-based robots a gamechanger for businesses in Pakistan

ISLAMABAD: With the modernisation of business technology, even small and medium-sized companies can effortlessly integrate robots into their day-to-day operations and service...

Samsung to pay $539 million to Apple in patent retrial

Apple this year told jurors it was entitled to $1 billion in profits Samsung made from selling infringing phones, saying the iPhone’s design was crucial to their success.

NETSOL stock riding high after key wins in signing new clients

Pakistan’s only NASDAQ-listed company appears poised for faster growth after a recent spate of stagnation