Tycoon takes investors heli-skiing to show them Pakistan is safe

In the northern snow-capped peaks of Pakistan, Zia Chishti disembarked off a helicopter and skied downhill on a mission to convince investors,...

Microsoft discontinues Groove music in favour of Spotify

Redmond: Microsoft Corp said on Monday it would discontinue its Groove Music Pass subscription service, allowing its existing customers to move their...

TRG’s AI company Afiniti seeks $2b listing on Nasdaq next year

Lahore:  Artificial intelligence company Afiniti, owned by TRG co-founder Zia Chishti which improves calls flows at contact centers is seeking to get...

Uber desperate to restart London operations, seeks reversal of ban

London: If history is a guide, Uber Technologies new Chief Executive Dara Khosrowshahi is likely to dangle data sharing and a promise...

Uber ex-CEO raises stakes, appoints two new directors to company’s board

San Francisco: Uber Technologies Inc co-founder Travis Kalanick on Friday said he had appointed two new directors, a surprise move that publicly...

Bitcoin trading continues in China despite crackdown

SHANGHAI: Weeks after Beijing banned fundraising through token launches and ordered some bitcoin exchanges to shut, casting a chill over the cryptocurrency industry,...

Toshiba reaches $18b deal for its chip unit, but confusion persists

TOKYO: Japan’s Toshiba Corp said on Thursday it had signed a US$18billion deal to sell its chip unit to a consortium led...

Travly closes down its operations

Lahore: A local technology website reported Travly, a rickshaw-hailing service has closed down its operations. This development comes in the wake of...

Nasdaq partners with SEB to test blockhain for mutual funds

New York:  Exchange group Nasdaq Inc and Nordic financial services group SEB have teamed up to test a blockchain-based mutual fund trading...

EU seeks social protection for Uber like jobs

Brussels: The European Commission wants more social protection and rights for casual workers, such as those in the “gig economy”, and others...

Netsol reports surge in profits of 513pc for FY 2016-17

Karachi: In a notification sent to the bourse on Monday, Netsol Technologies Limited announced its financial year results for the year 2016-17. Netsol...

Craving for the cosmetic

During his five-year stint at Glasgow University as under- and post-graduate in telecommunication and Master’s in Business Administration, Naveed Azhar – presently...

17th ITCN Asia conference held in Karachi

Karachi: The 17th ITCN Asia 2017 –Pakistan’s largest telecom and information technology conference – organized in Expo Center, Karachi, attracted more than...

Google acquires smartphone maker HTC in $1.1 billion deal

Taipei: Alphabet Inc’s Google said it would pay $1.1 billion in cash to acquire the division at Taiwan’s HTC Corp that develops...

Alibaba’s acquisition of Telenor Bank could alter dynamics of e-commerce in Pakistan

Islamabad: Apropos to a report by Profit on Tuesday, sources in State Bank of Pakistan have confirmed that it had received a...