Samsung Electronics projects record first quarter profit
SEOUL: Samsung Electronics Co Ltd tipped a surprise record first-quarter profit on Friday but market reaction was muted due to growing concerns...
Growth rate of IT, ITeS exports jumped 150pc in last five years: AnushaÂ
ISLAMABAD: Minister for Information Technology and Telecommunication Anusha Rehman Thursday said every possible effort was being made to enhance the growth of...
Telecom sector continues growth as mobile broadband users reach 51 mn
ISLAMABAD: Pakistan has seen a dramatic increase in the usage of mobile broadband as mobile broadband subscribers have reached a total of...
Spotify shares surge in record-setting direct listing
Shares of Spotify Technology ended up 12.9 per cent on their first day of trade on the New York Stock Exchange (NYSE),...
Wall Street, Silicone Valley observe as Spotify goes public
NEW YORK: Spotify Technology's unusual route to becoming a public company is a test case for other multibillion-dollar tech companies that are...
KASB Securities revived, plans to connect global capital with local growth companies
KARACHI:Â Khadim Ali Shah Bukhari (KASB) Securities Private Limited organised a Technology Investment Conference in Karachi to mark the launch of their brokerage...
Is OLX feeling hot under the collar?
It’s an exciting time to be in Pakistan. We are seeing it in the numbers, in the growth we are getting, and...
How technology enabled smarter usage of public transit
Raised in Pakistan and Kuwait, lived in Singapore, Washington, and New York, Azmat Yusuf had never owned a car. When he started...
Japan on the road to cryptocurrency licensing
TOKYO: Four years after popular Tokyo-based bitcoin exchange Mt Gox was hacked and went bankrupt, the case still casts a shadow over...
Karandaaz Pakistan to invest Rs80 million in women-led financial tech startups
KARACHI: Karandaaz Pakistan on Friday stated it is considering investing Rs80 million in women-led financial technology entities.
Its chief executive officer Ali Sarfaraz...
Snap cut 7 percent of its global workforce in March
CALIFORNIA: Snap Inc on Friday said it cut 7 percent of its global workforce in March, as disclosed by it in a...
Telecom service providers are development partners of govt: minister
ISLAMABAD: Punjab Finance Minister Dr Ayesha Ghaus Pasha has said that the telecommunication service providers are development partners of the provincial government...
Punjab to impose 5 percent tax on Uber, Careem in upcoming FY 2018-19 budget
LAHORE: Punjab’s next financial year’s 2018-19 budget is expected to introduce taxes for ride-hailing services like Uber and also rent-a-car services.
The provincial...
Facebook sever ties with data brokers in blow to targeted adverts
CALIFORNIA: Facebook Inc said on Wednesday it would end its partnerships with several large data brokers who help advertisers target people on...
President KCCI to inaugurate ICT Gala 2018 on Friday
KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik will inaugurate ICT Gala 2018 being organised by Pakistan Computer...