PM targets $25 billion in IT exports, highlights Pakistan’s skilled workforce
Says Pakistan’s IT workforce is capable of competing in the global market
Agreement signed for Chromebook assembly line in Pakistan
Assembly line will have an initial production capacity of 500,000 Chromebooks per year and will be scaled up to one million per year
SBP issues ‘Security of Digital Payments’ for banks/MFB in the wake of recent cyber attacks
SBP on Wednesday issued “Security of Digital Payments’ in order to safeguard banks/MFBs and their customers from potential losses due to cyber-crimes and online banking frauds.
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.
Pakistan to get faster, reliable internet as China backed submarine cable to start operations by end-2019
LAHORE: Pakistan internet backhaul is expected to receive a significant boost with the addition of an upcoming submarine cable called PEACE cable...
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
Google says its AI supercomputer is faster, greener than Nvidia A100 chip
Alphabet Inc's (GOOGL.O) Google released on Tuesday new details about the supercomputers it uses to train its artificial intelligence models, saying the systems...
Alibaba’s entrance to enhance Pakistan’s digital economy
Analysts often cite the absence of PayPal as among the impediments to the growth of e-commerce in Pakistan.
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...
Google begins opening access to its ChatGPT competitor Bard
Alphabet Inc's (GOOGL.O) Google on Tuesday began the public release of its chatbot Bard, seeking users and feedback to gain ground on Microsoft...
Global e-commerce sales will skyrocket to $3 trillion by 2022: Fitch Solutions
China is the largest e-commerce market globally with total e-commerce sales forecast at $834 billion in 2019 and projected to further rise to $1.24 trillion by 2022
PTA approves investment in telecom tower-sharing services company
Pakistan Telecommunication Authority (PTA) has approved edotco Pakistan's change of shareholding by way of subscription by Dawood Hercules Corporation Limited (DH Corp) of 45 per cent of the share capital of edotco Pakistan.
Chip sector slowdown hits Swiss tech group Comet
Lower sales growth, shifts in the product mix and higher-than-expected restructuring costs would also hit profitability this year, the company said in a statement.
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...
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