Samsung challenges $520 million Indian tax demand over import classification
The company’s appeal argues that Indian authorities were fully aware of the import practices
Despite Australia’s strict social media ban for minors, a YouTube exemption poses risks
The original plan includes YouTube in the restrictions, but after consultations, the government grants an exemption
UK signs strategic partnership with OpenAI on AI security research
British government says that the partnership is part of a broader plan to grow the country’s AI capabilities
Global insurers start offering services against cryptocurrency theft
NEW YORK: Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than miss out...
Big corporates back crypto ‘plumbing’ despite currency caution
LONDON: Major finance and tech firms are pouring money into startups building technology to develop the crypto market, even though they’re steering clear of...
Habib Bank makes the pivot towards FinTech
Pakistan’s largest bank announces a big push into branchless banking, investments in technology infrastructure
Microsoft boosts U.S. AI leadership with $80 billion data center funding
The development of AI models requires substantial computing power, driving the need for specialized data centers capable of linking thousands of chips in clusters
Internet speeds attain normalcy as submarine cable fault gets fixed
Lahore: PTCL on Sunday afternoon announced via its official Twitter account that the internet submarine cable IMEWE, which got damaged Saturday morning at 3am near Jeddah,...
Banking and fintech industry veteran joins Rozee as CEO to lead next stage of growth
LAHORE: Rozee, Pakistan’s largest employment platform, announced today that Shahid Hosain Kazi has joined as its new Chief Executive Officer (CEO).
Shahid Kazi joins Rozee...
Alibaba CEO rules out layoffs this year
This week reports circulated in Chinese media that e-commerce site and Alibaba rival JD.com Inc would lay off 10 percent of its senior executives. The company declined to comment directly on the cuts
Pakistan Bureau of Statistics begins electronic data collection
ISLAMABAD: Planning Development and Special Initiatives Secretary Mathar Niaz Rana on Monday was informed that the Pakistan Bureau of Statistics (PBS) has shifted away...
Google Maps to alert users about COVID-19-related travel restrictions
Google is adding features on its Maps service to alert users about COVID-19-related travel restrictions to help them plan their trips better, the Alphabet...
61% of Pakistani businesses rank data protection as top IT concern
33% of global firms secure connected devices, but only 9% in Pakistan manage the same
Pakistan’s Ailaaj announces $1.6mn in seed funding to scale as full-stack digital healthcare platform
LAHORE: Ailaaj, Pakistan’s first full-stack digital healthcare platform which is offering end-to-end patient care services, Wednesday announced raising $1.6 million in its seed round.
The...
Chinese company mulls to invest in Islamabad IT zone
Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday met a Chinese delegation of investors, inviting them to explore the investment opportunities...
