Struggling ZTE to unveil new board in step toward U.S ban lift
Shares of China’s No.2 telecommunications equipment maker have cratered 60 percent, wiping out more than $11 billion of the company’s market valuation, since trading resumed earlier this month following a two-month hiatus
Pakistan 4th most popular country for freelancing: report
ISLAMABAD: Pakistan is among the top five countries in the world when it comes to freelancing and generated a significant calculated amount...
National food security ministry partners with USAID to enable agri-technology
KARACHI: The United States Agency for International Development (USAID) and the Pakistan Ministry of National Food Security and Research (NFS&R) launched USAID’s...
Yayvo sales set to surpass billion rupees mark this year: Report
According to estimates of M.A Mannan, CEO TCS Holdings, 40 to 45 percent of e-commerce sales were being conducted in rural areas
Fintechs: Goliaths of today, dinosaurs of tomorrow?
Innovation is not the done thing in Pakistan’s commercial banking and soon Pakistan’s financial services industry is expected to witness a David-and-Goliath contest of sorts, with Fintechs with negligible capital taking on commercial banks with billions, even trillions, in assets – and beat them
China’s ZTE expected to take last step to lift ban: U.S. official
ZTE, which makes smartphones and networking gear, agreed to pay a $1 billion penalty and put $400 million in escrow as part of a settlement it reached on June 7 with the Commerce Department to regain access to the U.S. market, which it needs for components.
NetSol closes UK subsidiary amid ‘unfeasible’ operating, net margins
LAHORE: NetSol Technologies Limited, which is one of the biggest software/IT outsourcing companies in the country, in a letter issued today to...
Instagram debuts IGTV, set to challenge YouTube’s domination
IGTV will be available as part of Instagram’s app and as a separate app
Trump told Apple CEO iPhones will be spared from China tariffs: NYT
Last week, Trump unveiled a revised list that included several categories of chips, raising fears that tariffs could impact the U.S. technology sector.
Pakistan e-commerce sales set to cross $1 billion by 2020
Pakistan has one of the highest rates of mobile and internet penetrations in South Asia with 40 million Internet subscribers and 20 million Facebook users
ZTE shattered as shares lose 30 percent market value this week
ZTE was crippled when the United States imposed a seven-year supplier ban on it in April after it broke an agreement to discipline executives who conspired to evade U.S. sanctions on Iran and North Korea
Cheetay seeks to enter difficult business segments, seize market share
Cheetay.pk is intending to enter the grocery delivery segment this September and will commence services from Lahore
ZTE proposes $10.7 billion financing plan, new board
On Wednesday, ZTE shares plunged a record 41 percent in Hong Kong and 10 percent in Shenzhen, wiping out almost $3 billion off embattled ZTE’s market value, as it resumed trading after being suspended for almost two months due to the U.S. ban
Cryptocurrency tether used to inflate Bitcoin prices, study reveals
Bitcoin soared last year, peaking at nearly $20,000 in December, before the price collapsed. It was at $6,624.45 on Wednesday afternoon
‘Mystri’ app connecting workshops with car ownersÂ
LAHORE: One of the largest internet broadband and cable provider in the country, Wateen, has recently stepped into the e-commerce and digital...