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...
Apple uncovers violation of labor laws at iPhone X plant
BEIJING: Smartphone maker Apple Inc and its biggest manufacturing partner on Wednesday said that a small number of students were discovered working...
Pakistan is slowly taking jobs away from India’s IT industry: Report
LAHORE: Indian IT outsourcing industry juggernaut is being undercut by a resurgent Pakistan as over 125 people lost their jobs in a...
Broadcom indicates at shifting Qualcomm patent practices
SAN FRANCISCO: As part of its $103 billion bid to buy Qualcomm Inc, Broadcom Ltd has hinted that it would make big...
Bitcoin breaks $8,000 barrier to touch record-highs
LONDON: Bitcoin hit a new record high on Monday after smashing through the $8,000 (£6,043.6) level for the first time over the...
Aamir might not succeed in turning Veon into Pakistan’s WeChat. But what if he does?
When Government of Pakistan opened its telecoms market to private sector 13 years ago, the country saw a massive inflow of foreign...
Apple’s HomePod smart speaker launch delayed to early 2018
SAN FRANCISCO: Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the company said...
ICTs services exports register 14.5pc growth in first quarter
ISLAMABAD: The exports of Information and Communication Technology (ICT) services and related sectors have registered a double-digit growth of 14.5 per cent,...
Qualcomm invests in Chinese AI startup SenseTime
BEIJING: Chinese artificial intelligence (AI) startup SenseTime Group said on Wednesday it has sealed an investment from chipmaker Qualcomm Inc as part...
Warren Buffet offloads stake in IBM, increases shareholding in Apple
NEW YORK: Warren Buffett’s Berkshire Hathaway Inc has sold another large piece of its stake in IBM Corp, backing further away from...
Alibaba almost broke the internet, sales exceed Pakistan’s total exports in a span of 24 hours
LAHORE: Alibaba Group broke all records at the Singles’ Day event on Saturday, generating record sales of $ 25.3 billion (168.2 billion...
Uber set to receive multi-billion-dollar investment from Softbank
SAN FRANCISCO/NEW YORK: Uber Technologies Inc’s warring board members have struck a peace deal that allows a multibillion-dollar investment by SoftBank Group...
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...