China evaluating impact from U.S. proposal to boost tech export control
On Tuesday, the Trump administration said China had failed to alter its “unfair” practices at the heart of the U.S.-China trade conflict
Elon Musk’s X in talks to raise funds at $44 billion valuation
The talk comes as Musk’s businesses rise post-Trump’s victory, with Tesla up 40%, SpaceX at $350 billion, and xAI seeking $10 billion
Ahsan Iqbal urges Huawei to open R&D centre in Pakistan
Minister for Planning, Development and Reform Ahsan Iqbal urged the Chinese leading IT manufacturer Huawei to open a research and development centre to support...
Uber still racking up losses in US market amidst tough competition from Lyft
NEW YORK: Uber Technologies Inc will continue to lose money in its home market for at least the next six months as rival Lyft...
Intel wins investor lawsuit over alleged stock price inflation
The decision follows a 26% drop in Intel’s stock on August 2, 2024, after it announced 15,000 job cuts and paused its dividend to save $10 billion by 2025
IT ministry, Microsoft discuss digital initiatives, avenues for collaboration
ISLAMABAD: The Ministry of Information Technology & Telecommunication and Microsoft, the world's leading software company, have discussed possible investment avenues to establish support centres,...
Robots to make robots at ABB’s new factory in China
‘China is expanding its robot workforce, as wages for human workers rise’
ZURICH: Robots will make robots at a new ABB factory in China, which...
Amazon’s $17 billion Spain project integrates AI for disaster prevention
The move follows severe floods that hit Valencia four months ago, underscoring the region’s vulnerability
State-of-the-art incubation centres to be set up in all four provincial metropolises
Faced with the onslaught of zealous PTI youth, the Ministry of IT (MOIT) has directed the National ICT Research and Development Fund Company (NICTRDF)...
Credit card hacking detected in Punjab
BAHAWALPUR: The law enforcement agencies have traced out the gang that was involved in hacking and stealing pin codes of credit and ATM cards...
In its ambition to buy a bank, has Pakistan’s fintech poster-child killed itself?
In trying to make TAG the only fintech company with a full banking licence, Talal Ahmad Gondal may have made the worst mistake of his life. Profit looks at the entire TAG saga.
Qualcomm’s legal woes mount with $774m fine
Hong Kong: Qualcomm Inc faces an antitrust fine in Taiwan, the latest in a years-long streak of regulatory setbacks to its business model that...
Samsung unveils first multi-folding phone as competition set to heat up
New TriFold enters a competitive foldable market, though analysts expect the category to stay niche due to high prices and production hurdles
Apple launches $300 million clean energy fund in China
The investment from the iPhone maker, which will be made along with 10 suppliers including Pegatron Corp and Wistron Corp over a four-year period, also comes as the United States and China lock horns over trade
PTA to digitize 4 million saving accounts of Pakistan Post
ISLAMABAD: Pakistan Post along with Pakistan Telecommunication Authority and other stake holders has planned to build a road map for digitization of its money...
