US regulators approve $5bn Facebook settlement over privacy issues
The US Federal Trade Commission approved a
roughly $5 billion settlement with Facebook Inc over its investigation into the
social media company’s handling of...
Ford, Volkswagen expand alliance to electric autos
NEW YORK: Auto giants Volkswagen and Ford announced Friday they were expanding their alliance to include the development of self-driving cars.
The announcement...
Japan-South Korea trade spat threatens global tech market
TOKYO: A simmering diplomatic row with Japan is threatening South Korea’s output of components that drive smartphones and computer displays, which analysts...
Online ad growth seen slowing in 2021 to levels since dotcom bubble burst
AGENCIES: Global advertising spend is expected to grow 4.6pc in 2019, a dip from previous estimates, with internet advertising seen slowing to...
British Airways faces record $230m fine over data theft
LONDON: British Airways-owner IAG is facing a record $230 million fine for the theft of data from 500,000 customers from its website...
Govt to launch national tourism promotion app
ISLAMABAD: The Pakistan Tourism Development Corporation (PTDC) would launch a national tourism promotion application to provide the necessary and latest information to...
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...
HP, Dell, other tech firms plan to shift production out of China
--Microsoft, Alphabet, Amazon, Sony and Nintendo are also looking at moving some of their game console and smart speaker manufacturing out of...
US govt staff told to treat Huawei as blacklisted
WASHINGTON: A senior US official told the Commerce Department’s enforcement staff this week that China’s Huawei should still be treated as...
‘Use of technology imperative to safeguard CPEC routes’
ISLAMABAD: Pakistan's biggest logistical challenge with regard to the China Pakistan Economic Corridor is the pilfering of goods into Pakistan, which can...
Alibaba puts CFO in charge of investment in major management reshuffle
BEIJING/SHANGHAI: China's Alibaba Group Holding Ltd on Tuesday unveiled its most significant business reshuffle since co-founder Jack Ma announced his pending retirement,...
Facebook plans its own currency for over two billion users
The digital currency, called Libra, is scheduled to launch sometime in the next six to 12 months
SAN FRANCISCO:Â Facebook already rules daily...
Huawei CEO says underestimated impact of US ban, sees revenue dip
'Huawei had not expected that US determination to 'crack' the company would be so strong and so pervasive'
HONG KONG: Huawei Technologies...
Huawei delays global launch of foldable phone by three months
HONG KONG:Â Huawei will delay the launch of its much-touted foldable 5G Mate X smartphone by three months, the latest setback for the...
NTDC to ulitise modern technology to supervise transmission line towers
'A GSM technology-based CCTV camera will be installed on transmission line towers which will ring an alarm to the control room...