Governments and companies assess impact of global cyber-attack

Paris: Companies and governments around the world on Wednesday counted the cost of a software epidemic that has disrupted ports, hospitals and banks. Logistics firm...

Toshiba delays sale of its memory chip business

Tokyo: Japanese electronics and energy giant Toshiba has delayed its deadline for reaching an agreement on selling its lucrative computer memory chip business. The company...

EU slaps Google with record fine of $2.72b

Brussels: European regulators fined Google a record 2.42 billion euros ($2.72 billion) for abusing its dominance of the online search market in a case...

Major cyberattack cripples banks and corporations globally

Paris: A new and highly virulent outbreak of data-scrambling software — apparently sown in Ukraine — caused disruption across the world Tuesday. Following a similar...

Investors pressure forces Uber CEO Kalanick to resign

Uber CEO and co-founder Travis Kalanick resigned Tuesday under pressure from investors. "I love Uber more than anything in the world and at this difficult...

IT sector exports reach $650m for FY 2016-17

Islamabad: The National Assembly standing committee on Information Technology and Telecommunication on Friday was informed by Pakistan Software Houses Association (P@SHA) representative, Saeed Ahmed...

Amazon acquires Whole Foods in $13.7b deal

New York: Online retail giant Amazon is making a bold expansion into physical stores with a $13.7 billion deal to buy Whole Foods, setting...

Facebook to deploy AI capabilities in combating terrorism on its network

San Francisco: Facebook has started deploying its artificial intelligence capabilities to help combat terrorists' use of its service. Company officials said in a blog post Thursday that...

Pakistan would be a part of G20 world economies by 2030 says: Ishaq Dar

Islamabad: Finance Minister Ishaq Dar on Monday said Pakistan would be part of an elite club of leading world economies G20 by 2030 according...

Saudi’s Kingdom Holding buys 7% of Careem ride app

Riyadh: Saudi Arabia’s Kingdom Holding Co. said on Thursday it has bought a stake in car ride-hailing business Careem, its latest venture in the...

End of an era for Yahoo as Verizon completes $4.48b acquisition

New Jersey: Verizon Communications Inc said on Tuesday it closed its $4.48 billion acquisition of Yahoo Inc's core business and that Marissa Mayer, chief...

No better time than now, to move back!

I moved back to Lahore close to the end of 2015, with a heavy heart, worried about the lack of attractive digital-business opportunities. I...

PITB e-Stamping project generates record revenue of Rs30.24b

E-Stamping generates Rs30.24b annual revenue, a record Lahore: In a high-level meeting chaired by Chairman Punjab Information Technology Board (PITB), Dr Umar Saif in Lahore...

Toshiba not impressed by Western Digital’s last-ditch chip bid

Toshiba favours the higher bid of Broadcom  Tokyo: Toshiba Corp  said on Friday it was not convinced by Western Digital Corp CEO Steve Milligan's effort...

Ministry of information and technology seeks government approval to test 5G

MoIT forwards draft proposal to cabinet for 5G testing Islamabad: With 5G the next buzz in mobile internet technology, the Ministry of Information and technology...

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FBR issues notices to 3,950 non-filers in Lahore

LAHORE: The Federal Board of Revenue's Broadening of Tax Base (BTB)-Lahore has issued notices to some 3,950 people who did not declare their assets despite...

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Textile exports increase 3.12pc in July

ISLAMABAD: The textile exports from the country witnessed an increase of 3.12pc during the first month of the current financial year (July-FY20) as compared to...