Pakistan moves to tax US advertising space on digital giants Google, Facebook

ISLAMABAD: Pakistan has proposed 5% tax on digital revenues, hitting US tech giants like Google, Amazon and Facebook, while also moving to bring...

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...

VEON eyes to buy GTH’s assets in Jazz for $2.55 billion

Global Telecom’s capital amounts to EGP 2.7 billion distributed over 4.7 billion shares at a par value of EGP 0.58 per share.

Active social media users in Pakistan grow by 5.7%: Report

As of January 2019, the total number of active social media users was recorded at 37 million and active social media users as a percentage of the population were 18%
IT exports

IT export remittances surge 24pc in 6MFY20

ISLAMABAD: The Information Technology and IT Enabled Services (ITeS) export remittances were increased by 24.71 per cent to $550.503 million during the...

ICCI asks govt to provide interest free loans to youth for business startups

ICCI president said that 60 percent of our population was comprised of youth and government should create an enabling environment to engage youth in entrepreneurial activities

PTI earmarks $2 billion for e-governance systems

The incoming government in its manifesto said it intends to create 10 million jobs over the course of next five years

ePay Punjab fetches Rs1bn revenue in five months

LAHORE: ePay Punjab, the first-ever government payment aggregator for citizens’ facilitation and ease of business, has collected over Rs1 billion in tax...

HBL collaborates with Visa to launch QR payments service in Pakistan

HBL, Pakistan's leading bank in the digital space, and Visa, the world leader in digital payments, have collaborated to launch Visa on...

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

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...

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

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.

Why Google has a target on its back in Washington?

WASHINGTON: The US Justice Department is preparing an investigation of Alphabet Inc’s Google to determine whether the technology company violated laws to...

Meta to cut 10,000 jobs in second round of layoffs

Facebook-parent Meta Platforms (META.O) said on Tuesday it would cut 10,000 jobs this year, making it the first Big Tech company to announce...