JazzCash Business app hits a snag as users fail to sign up, transfer funds
LAHORE: Mobile wallet JazzCash's recently launched application for businesses fails to be a hit upon its launch as users complain of bad...
Karachi-based CreditBook raises bet on digitising MSMEs with $1.5mn in seed funding
“Never has anyone been able to successfully digitise the MSMEs (Micro, Small and Medium Enterprises) because of a lack of user trust,”...
Jabberwock Ventures raises close to $20mn in Series-B round for startups Cheetay, Swyft
LAHORE: Jabberwock Ventures, the parent company of online food delivery platform Cheetay Logistics and Swyft Delivery Solutions, has reportedly raised close to...
Mastercard to buy digital ID verification firm Ekata in $850 mln deal
Mastercard Inc said on Monday it had agreed to buy digital identity verification company Ekata in a deal valued at $850 million,...
Facebook takes on Clubhouse, unveils upcoming audio products
Facebook Inc CEO Mark Zuckerberg said on Monday the company planned to launch several audio products, including Clubhouse-style live audio rooms and...
China plans $3 bln supercomputing centre to analyse data from space
China's southern space port of Wenchang will build a $3 billion supercomputing centre by year-end to analyse data obtained from space, according...
Siri spills the beans on Apple’s next event
CUPERTINO: Siri, Apple’s virtual assistant, might have spilled the beans by telling users on Tuesday that the iPhone maker is going to...
Digitising road freight: Pakistan’s Truck It In announces raising $1.5mn in pre-seed round
KARACHI: Online trucking marketplace Truck It In has announced raising $1.5 million in a pre-seed round from global and local institutional and...
Why are employee stock option plans important for startups?
On Wednesday, the Securities and Exchange Commission of Pakistan (SECP) officially allowed private companies to offer Employee Stock Option Plan (ESOP) to...
With $320,000 in pre-seed round and a mobile app, Edkasa hopes to make exam preparation easier for students
LAHORE: Edkasa, an up and coming education technology (edtech) startup, has announced raising $320,000 in a pre-seed round and launched a mobile...
Leaker says they are offering private details of 500 million Facebook users
WASHINGTON: A leaker says they are offering information on more than 500 million Facebook Inc users - including phone numbers and other...
PHC lifts ban on TikTok, directs PTA to control immoral content
LAHORE: Peshawar High Court (PHC) on Thursday lifted the ban placed on video-sharing application TikTok and directed the Pakistan Telecommunication Authority to ensure...
Spotify to launch its own Clubhouse competitor
NEW YORK: Spotify said on Tuesday it has purchased Betty Labs, the company behind sports-focused social audio app Locker Room, to accelerate...
Facebook undersea cable to boost South East Asia internet
Facebook and Google are planning two new undersea internet cables to connect South East Asia to North America.
The project with regional telecoms...
Pakistani fintech SadaPay raises $7.2m in seed round
LAHORE: SadaPay, a Pakistani FinTech startup, has announced raising $7.2 million in the recent seed round, totalling its funding to $9.3 million...