Race tightens for second place after Apple’s $1 trillion valuation
Amazon is now the second-largest publicly-listed U.S. company, with a market capitalization of $889 billion, followed closely by Alphabet and Microsoft, at $856 billion and $830 billion respectively
Learn how Facebook targets its users with advertisements
NEW YORK: If you want to tailor a Facebook ad to a single user out of its universe of 2.2 billion, you...
China’s leading IT company to explore investment, business opportunities in Pakistan
BEIJING: A leading Chinese digital solutions provider has shown tremendous interest to explore the Pakistani market for investment and business through joint...
SoftBank nearing $500 million investment in ride-hailing firm Grab: sources
SoftBank first bought a stake worth $250 million in Grab in 2014 just as the two-year-old startup began competing with Uber Technologies in Southeast Asia. Toyota and financial firms led the funding’s earlier this year
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
Govt gunning to jump from 147th to 50th in ease of doing business: BOI Chairman
LAHORE: Board of Investment (BOI) Chairman, Naeem Y. Zamindar believes Pakistan can achieve a ranking among the top fifty of World Bank’s...
Kenyan digital payment company planning to open operations in Pakistan
Till March this year, 10 percent of the transactions or $24 million being handled by BitPesa included countries in Asia
Google’s new app ‘Datally’ to make people more mobile data savvy
KARACHI: Google has just launched its new ‘Datally’ in Pakistan, the app’s most important feature is to save ‘treasured’ mobile data but...
Hyundai Motor, Tencent tie up to develop self-driving cars software
SEOUL: South Korean automaker Hyundai Motor Co and Chinese technology firm Tencent Holdings have signed a preliminary deal to develop software for...
‘Google, Facebook agreed to team up against possible antitrust action’
NEW YORK: Facebook Inc and Alphabet Inc’s Google agreed to “cooperate and assist one another” in case of an investigation into their...
Uber being investigated for spying on its competitor Lyft
Dallas: The Justice Department in Manhattan is investigating whether Uber illegally used software to track drivers for Lyft, its main ride-hailing competitor,...
Bitcoin claws back to $10,500, after US regulator approves futures
LONDON: Bitcoin rebounded on Friday to hit the day’s highs above $10,500, recovering from an earlier dip below $9,500, after the U.S....
Facebook to follow audio social network Clubhouse: report
SAN FRANCISCO: Facebook is looking to carve out its own spot on the audio social networking scene that has seen invitation-only startup...
‘Govt striving hard to promote e-commerce, IT exports’
ISLAMABAD: Information Technology and Telecommunications Minister Dr Khalid Maqbool Siddiqui said on Tuesday that the government was striving hard to increase the benefits...
How Jack Ma became the role model for China’s startup generation
Ma represents the first international generation of Chinese entrepreneurs.
By Lulu Yilun Chen and David Ramli
Long before he became China’s most globally prominent...