Apple loses $1 trillion status after soft holiday forecast
The dip in Apple’s shares to $208.50 knocked around $67 billion off its value and put Amazon and Microsoft Corp back in the mix in the race among the United States’ big tech players to be the world’s most valuable company
Chip sector slowdown hits Swiss tech group Comet
Lower sales growth, shifts in the product mix and higher-than-expected restructuring costs would also hit profitability this year, the company said in a statement.
Transactions through e-banking channels touched Rs47.4 trillion in FY18: SBP
The number of local e-commerce merchants registered with banks reached 1,094 and consumers carried out 3.4 million online e-commerce transactions valuing Rs 18.7 billion
Father of Web says tech giants may have to be split up
The digital revolution has spawned a handful of U.S.-based technology companies since the 1990s that now have a combined financial and cultural power greater than most sovereign states
Kuwait bourse seeks to create VC platform to finance startups
As Kuwait’s startup sector grows, the need for funds from these companies to fuel growth has been financed by venture capitalists and larger international groups in the same sector they operate in
PITB projects being replicated by other countries
Board Chairman Umar Saif envisions making Pakistan world famous in the field of IT
LAHORE: The smartphone applications developed by the Punjab...
SECP approves new tech-based life insurance product Â
ISLAMABAD:Â The Securities and Exchange Commission of Pakistan (SECP) has approved a new life insurance product, which is equipped with insurance technology features...
Govt mulling to impose regulatory duty on unregistered mobile phones
It has been projected the imports of illegal phones in the country cause roughly $1.5 billion in revenue losses to the public exchequer on a yearly basis
Instagram – How a simple photo-sharing app is now worth more than $100 billion
Instagram is one of the most popular social media platforms out there – both from an advertiser and user point of view.
Like...
BankIslami becomes victim of $6.5 million cyber-attack
Transactions of approximately $6 million as claimed by the international payment scheme have been denied by the bank.
Robots to make robots at ABB’s new factory in China
‘China is expanding its robot workforce, as wages for human workers rise’
ZURICH:Â Robots will make robots at a new ABB factory in...
Pakistan’s broadband user base surpasses 62 million
The PTA informed that total 3G user count of Jazz stood at 14.85 million by September 2018, whereas the telecom’s 4G user numbers jumped to 5.6 million in September from 5.077 million in the prior month
Online education that matters – from distant dream to applicable reality
Globally, elite universities such as Harvard, MIT, Columbia, Yale, Cambridge, and Oxford etc. offer online and distant courses in various disciplines such...
Ever wonder how WhatsApp makes money? Here’s how.
With a reported user base of more than 1.5 billion by February 2018, WhatsApp is one of the most popular messaging applications...
Audi’s electric SUV faces four-week delay owing to software bug
FRANKFURT: Audi’s first electric sport utility vehicle (SUV) will hit showrooms four weeks later than planned because of a software development issue, a...