Growth rate of IT, ITeS exports jumped 150pc in last five years: Anusha 

  ISLAMABAD: Minister for Information Technology and Telecommunication Anusha Rehman Thursday said every possible effort was being made to enhance the growth of...

Experts urge banks to collaborate with fintechs to provide better digital services

KARACHI: Speakers at an e-banking conference have ruled out the impression that financial technology firms would eat up conventional banks and asked...

Investors wipe $3 billion off China’s ZTE as U.S. settlement sinks in

The Hong Kong-listed shares of ZTE slid as much as 41 percent to HK$14.98, their lowest in a year, following a two-month trading suspension.

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...

Vivo commits to invest $30m in Pakistan

Lahore: Vivo has committed to investing $30m in Pakistan with the intention of becoming the country’s number one smartphone company. In China, Vivo...

Apple shaves cost from displays in newest iPhones: analyst firm

In its cost analysis released on Tuesday, TechInsights found that the single priciest part in the iPhone Xs Max - the display - cost $80.50, compared with $77.27 for last year’s iPhone X, which featured a smaller 5.8-inch screen

Careem rolls out insurance service for captains and riders

Road safety is a key priority for Careem. This applies to both captains and customers and is emphasized in captain training and...

ZTE seeks resolution of US export ban

BEIJING: China’s ZTE is seeking a resolution to a U.S. ban on selling it parts and software that it has said threatens...

SBP, FBR launch online collection of taxes and duties

KARACHI: The State Bank of Pakistan (SBP) and Federal Board of Revenue (FBR) today formally launched its online tax collection system. This...

Instagram debuts IGTV, set to challenge YouTube’s domination

IGTV will be available as part of Instagram’s app and as a separate app

Deal puts Microsoft apps on Lenovo smartphones

Microsoft apps such as Office and Skype will be installed on Lenovo mobile devices powered by Android software under the terms of...

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...

Uber reports $708m loss as revenue grows

 Ride-hailing giant Uber has reported another multi-billion dollar loss even as its revenues grow. The San Francisco-based company said Thursday that its losses...

Uber agrees to divest its South-east Asian operations to Grab

SINGAPORE/SAN FRANCISCO: Ride-hailing firm Uber Technologies Inc has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms...

Internet services disrupted across Pakistan as submarine cables go offline

Internet services across the country partially crashed on Tuesday evening, due to a fault that developed in international submarine cables that connect...