Fintech firms want to shake up banking, and that worries the Fed
From 2010 to 2017, more than 3,330 new fintech firms were created, according to the Treasury, with financing for such firms soaring thirteen-fold over that period to $22 billion
Punjab labour dept to develop mobile app for registration of small businesses
LAHORE: The Punjab Labour & Human Resource Department (PL&HRD) has decided to develop a mobile application with the help of Punjab Information...
Careem overcharges customers tens of thousands of rupees for short-distance rides
KARACHI: Ride-hailing platform Careem users in Pakistan have reported being massively overcharged for the usual short-distance rides, that the company says happened...
Apple’s upcoming iPhone could face supply issues at launch
California: Apple’s new iPhone had hit production glitches early in its manufacturing process and could lead to supply shortfalls and shipping delays...
Facebook troubles mount as EU, US regulators swarm in on data leak
LONDON: British privacy regulators are seeking a warrant to search the offices of the political consultancy Cambridge Analytica late Monday following reports...
Eliminate all media upfronts for 2021: Gary Vaynerchuk
The outspoken founder of VaynerMedia urged marketers, particularly those at CPG companies, to limit or eliminate upfront media commitments due to the uncertainty around the ability to supply demand
Facebook undersea cable to boost South East Asia internet
Facebook and Google are planning two new undersea internet cables to connect South East Asia to North America.
The project with regional telecoms...
Pakistan’s first ‘smart wheelchair’ aims to facilitate differently-abled
The electric wheelchair can be operated through smartphones, voice commands
Bytedance names Jack of Digital as TikTok reseller in Pakistan
Digital advertising products under the video-sharing social networking service will now be sold by Jack of Digital in Pakistan, consisting of reservation ads, the branded hashtag challenge, auction ads, and more
Facebook to invest $1bn in first Asian data center in Singapore
SINGAPORE: Facebook said on Thursday it will invest more than $1 billion to build its first data centre in Asia in Singapore,...
Uber officially appoints Dara Khosrowshahi as its CEO
San Francisco: Uber Technologies Inc officially welcomed its new Chief Executive Dara Khosrowshahi, who has led online travel business Expedia Inc for...
Rocket Internet targets $3 billion investment in AI and Fintech
The company earlier this month divested all its shareholding in Daraz to Alibaba
Senior Google female executive to lead Pakistan’s digitisation initiative
ISLAMABAD: The government has planned to take on board a female Google executive to put the digitisation initiative from the Prime Minister's...
China rolls out 5G services in race to narrow tech gap
BEIJING: China's three major state telecom operators rolled out 5G wireless technology Thursday, as the country races to narrow its technology gap...
Pakistan Bureau of Statistics begins electronic data collection
ISLAMABAD: Planning Development and Special Initiatives Secretary Mathar Niaz Rana on Monday was informed that the Pakistan Bureau of Statistics (PBS) has...