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
Tech startup from Karachi wins Rs1mn in StartUp Cup
LAHORE: The fourth edition of the 2017-18 StartUp Cup, funded by the United States was won by a team from Karachi, Retailistan, that beat 17 other...
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.
PM Abbasi announces extension of tax holiday on IT exports for six years
The IT industry is the fastest growing sector of the Pakistan economy, with annual growth rates more than 30 percent and expected to double in size over the next 3-4 years
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
HNL contemplating right shares issue of Rs140 million for Hum Mart
In late February, HNL had announced the incorporation of HM as its wholly-owned subsidiary and enter the online grocery business in Pakistan
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
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
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.
Veon reports $109mn loss in Q1 while Russian arm improves
Veon, which also operates in Pakistan, Ukraine, Uzbekistan, and Algeria, reported a loss of $109 million, versus a loss of $5 million in the same period a year ago.
Growth rate of IT, ITeS exports jumped 150pc in last five years: AnushaÂ
ISLAMABAD: Minister for Information Technology and Telecommunication Anusha Rehman Thursday said every possible effort was being made to enhance the growth of...
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
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.
Digital Pakistan policy set to be submitted for go-ahead
Ms Anusha Rehman said growth rate of exports has jumped to 125% over the last five years, adding that the IT industry is not only growing in terms of the number of companies and revenue but also in exports and workforce on a yearly basis
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...