Inbox technologies postpones plan to hold IPO

Karachi: Inbox Business Technologies Limited has decided to postpone its book-building process for its initial public offering (IPO) which was initially scheduled...

President emphasizes use of modern technology

Islamabad: The use of modern technology in China-Pakistan Economic Corridor (CPEC)-related energy projects will alleviate the energy crisis in Pakistan and play...

Microsoft laying off thousands of workers globally

Redmond, Wash: Microsoft is laying off thousands of employees in a shake-up aimed at selling more subscriptions to software applications that can...

Slow speed of internet to persist for few more days across Pakistan

Islamabad: Significant number of internet users have been experiencing slow internet speed from last few days during peak hours while few areas...

Samsung posts record quarterly profit

Seoul: Samsung Electronics Co. said Friday its second-quarter operating profit soared to the highest in its history as massive data growth fueled...

Samsung to invest $19b in display and memory chip plants

Seoul: Samsung Electronics said Tuesday it will invest 21.4 trillion won ($19 billion) in the next four years in its memory chip...

Pakistan first country to test 5G tech, says Anusha

ISLAMABAD - Minister of State for Information Technology and Telecommunication Anusha Rehman has said that Pakistan would become the first country in...

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...

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...

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...

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....

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...

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 ([email protected]) representative,...

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...

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...