Artificial Intelligence can help power utilities increase their efficiency

FRANKFURT: Utilities can increase their efficiency by using more artificial intelligence (AI) technology, such as software to predict demand swings in the power grid...

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.

Apple in negotiations to purchase music identification service, Shazam

SAN FRANCISCO: Apple Inc is in talks to acquire Shazam Entertainment Ltd, whose software helps users identify songs by pointing their phone at an...

Facebook troubles mount as EU, US regulators swarm in on data leak

LONDON: British privacy regulators are seeking a warrant to search the offices of the political consultancy Cambridge Analytica late Monday following reports that the...

T-Mobile & Sprint merger plan gathers steam

Washington: T-Mobile U.S. Inc and Sprint Corp plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as...

Zong’s ‘one-of-a-kind’ concept store is now open for customers

Zong has announced the opening of ‘one-of-a-kind’ concept store in Lahore hat is equipped with latest Zong products and state-of-the-art gadgets.This multi-purpose store will...

Venezuela launches oil pegged cryptocurrency “petro”

CARACAS: Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the...

Jazz’s parent group Vimpelcom to rebrand itself as Veon

VimpelCom has announced the company’s decision to rebrand itself as “Veon”, reported Propakistani. The move has been taken in the wake of the company...

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 offshore-controlled companies...

Tetra Pak, a marvel of technology

Presently the Managing Director of Tetra Pak Pakistan, a position he took up in November 2015, Jorge Montero joined the Tetra Pak group about 24 years...

Uber reports $708m loss as revenue grows

 Ride-hailing giant Uber has reported another multi-billion dollar loss even as its revenues grow. The San Francisco-based company said Thursday that its losses in the...

Systems Ltd granted Rs240m LRMIS contract in Balochistan

Initially, the execution will be carried out in four districts of Baluchistan namely Quetta, Gwadar, Jaffarabad and Pishin

Telenor accelerates digital innovation thru Open-APIs

As per a press release, Telenor Pakistan is the first telecom operator to launch an intelligent API management solution of Google in partnership with...

Punjab to impose 5 percent tax on Uber, Careem in upcoming FY 2018-19 budget

LAHORE: Punjab’s next financial year’s 2018-19 budget is expected to introduce taxes for ride-hailing services like Uber and also rent-a-car services.The provincial government is...

IT sector exports reach $650m for FY 2016-17

Islamabad: The National Assembly standing committee on Information Technology and Telecommunication on Friday was informed by Pakistan Software Houses Association ([email protected]) representative, Saeed Ahmed...

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It’s a deal, it’s a steal

‘In business you don’t have to acquire a huge number of clients to be successful,’ this is the simple philosophy of Secret Stash –...

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