Bitcoin claws back to $10,500, after US regulator approves futures
LONDON: Bitcoin rebounded on Friday to hit the day’s highs above $10,500, recovering from an earlier dip below $9,500, after the U.S....
Samsung hunting for bigger merger & acquisitions, deals
HELSINKI: Samsung Electronics’ $8 billion purchase of automotive and audio electronics company Harman has given the technology conglomerate confidence to chase more...
Swirling Bitcoin registers $2,000 slump in 24 hours
LONDON: Bitcoin slid to as low as $9,000 in volatile trade on Thursday, having lost more than a fifth of its value...
Pakistan IT exports rise to $2.9 billion
ISLAMABAD: Due to government incentives to IT and Information Technology Enabled Services (ITeS) industry, Pakistan’s IT exports have grown to an estimated...
Google’s new app ‘Datally’ to make people more mobile data savvy
KARACHI: Google has just launched its new ‘Datally’ in Pakistan, the app’s most important feature is to save ‘treasured’ mobile data but...
EU raised majority of funds via initial-coin offerings: Report
LONDON: Nearly half of the cash that has poured into newly issued cryptocurrencies in recent years has been raised in Europe, research...
Careem becomes first Middle-East startup to attain $1 billion valuation
LAHORE: Careem has become the first Middle East startup to achieve the $1 billion or a unicorn valuation, highlighting its ascendancy in...
Bitcoin rallies past $11,000 barrier
LONDON/NEW YORK: Bitcoin zoomed past $11,000 (£8,185.5) to hit a record high for the sixth day in a row on Wednesday after...
Uber to reveal details about SoftBank deal next week
SAN FRANCISCO: Uber Technologies Inc plans to move ahead with a deal to bring in Japanese technology company SoftBank Group Corp as...
CDWP set to take up heavy agenda of projects worth billions of rupees
ISLAMABAD: Central Development Working Party (CDWP) is all set to take up a heavy agenda on Monday to approve 31 key projects...
Moiz Ali, Harvard alum sells Native Deodorant to Procter & Gamble for $100 million
LAHORE:Â Moiz Ali, owner of San Francisco-based Native Deodorant brand has sold his company to Procter & Gamble for $100 million.
Moiz Ali, studied...
Black Friday starts in US, as retailers face challenges
NEW YORK: Shoppers are hitting the stores on Thanksgiving as retailers under pressure look for ways to poach shoppers from their rivals.
As...
NED Karachi alum Raghib Husain’s company acquired by Marvell for $6 billion
LAHORE: Another milestone of considerable magnitude has been achieved by Raghib Husain, a Pakistani-American co-founder of Cavium which was recently acquired by chip-maker...
Softbank was informed about data breach, says: Uber
SAN FRANCISCO: Uber Technologies Inc said on Thursday that it discussed a massive data breach with potential investor SoftBank Group Corp ahead...
Uber’s misery continues amidst data breach revelation
SAN FRANCISCO/TORONTO: A newspaper advertisement for an Uber Technologies Inc stock sale was juxtaposed on Wednesday with a report that the ride-service...