Bitcoin nosedives to two-month low as downtrend continues

So far in 2018, bitcoin is down nearly 53 percent, after soaring more than 1,300 percent last year

ZTE settlement details revealed, ban still in force

Under the settlement, ZTE will pay a total civil penalty of $1.7 billion, including $361 million already paid as part of a March 2017 agreement, the $1 billion fine and the $400 million that will go into escrow

Facebook admits to sharing user data with select companies

The companies had access to the data during a stretch of time in 2015 after Facebook had locked out most developers who build apps that work on its social network.

ZTE averts closure, agrees to pay $1 billion fine and management revamp

Under the new agreement, ZTE must also retain a compliance team selected by the Commerce Department for 10 years. The company already has a U.S. court-appointed monitor

NIC Lahore extends application deadline for 2nd batch of startups

LAHORE: The National Incubation Centre (NIC) Lahore is now accepting applications for its 2nd batch of entrepreneurs aiming to make it big...

Apple focuses on speed, parental controls in iOS 12

Apple also rolled out group video chat sessions with up to 32 users, putting it in direct competition with companies such as Cisco Systems Inc and Microsoft Corp’s Skype

Rozee, Finja launch Pakistan’s first bug bounty program

KARACHI: Pakistan’s largest online job portal Rozee.pk and fintech company Finja, have launched the country’s first formal bug bounty program, Profit learned on Monday. “Within hours we...

U.S. may soon claim up to $1.7 billion penalty from China’s ZTE

American companies provide an estimated 25 percent to 30 percent of components in ZTE’s equipment, which includes smartphones and gear to build telecommunications networks

Apple to introduce phone-to-phone augmented reality at WWDC

Apple designed its two-player system to work phone-to-phone in part because of those privacy concerns

Apple to use OLED screens in all iPhone models from 2019

Japan Display's stock was down 10 percent at the end of Tuesday’s morning session, giving it a market value of about 105 billion yen ($965 million)

OLX, CarFirst set to join hands

OLX has globally invested $89 million in CarFirst parent company, Frontier Car Group

Rocket Internet targets $3 billion investment in AI and Fintech

The company earlier this month divested all its shareholding in Daraz to Alibaba

Ant Financial raises $10 billion from global and local investors

The fundraising values the firm at $150 billion, the people said, compared with about $60 billion after its previous fundraising in April 2016

GDPR sets the benchmark for data protection – What can Pakistan learn?

Over the last couple of weeks, you may have received emails from organisations such as Twitter, Facebook, YouTube, Instagram, TripAdvisor, Medium, Booking.com,...

Samsung to pay $539 million to Apple in patent retrial

Apple this year told jurors it was entitled to $1 billion in profits Samsung made from selling infringing phones, saying the iPhone’s design was crucial to their success.