Ride-hailing services adding to traffic congestion, clogging streets
BOSTON: One promise of ride-hailing companies like Uber and Lyft was fewer cars clogging city streets. But studies suggest the opposite: that...
Samsung launches Galaxy S9, S9+ to compete with iPhone X
BARCELONA: Samsung unveiled new smartphones with largely unchanged designs and incremental improvements such as a better camera — accompanied by a second...
Only three to four smartphone vendors can survive industry’s cruel economics: Huawei
BARCELONA: The smartphone industry is bound to consolidate as the heavy investments required to remain competitive mean that, in the long-run, only...
Pakistani PHD student to present research paper on Bitcoin at prestigious INFOCOM conference
LAHORE/FLORIDA:Â A research study conducted by Professor Aziz Mohaisen and Pakistani PhD student Muhammad Saad at the University of Central Florida on Bitcoin...
Rise in internet and mobile banking witnessed
ISLAMABAD: A remarkable growth in internet and mobile banking has been witnessed through a rise in banking services through advanced and convenient...
E-commerce: Where does Pakistan stand?
Pundits predict hitting $1 billion mark by 2020
In today’s digital world where the West is positioned firmly in the e-commerce market,...
Uber planning to sell South-East Asia operations to Singapore’s Grab
SAN FRANCISCO: Uber Technologies is preparing to sell its Southeast Asia ride-hailing business to Singapore-based Grab in return for a substantial stake...
Qualcomm keeps door open for negotiations with Broadcom
SAN DIEGO: Qualcomm Inc on Friday called a meeting with Broadcom Ltd to discuss the latter’s $121 billion bid constructive and opened...
Walmart in talks to purchase 40pc share in India’s Flipkart
MUMBAI: Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct...
Pakistan IT exports expected to cross $6b by next year
KARACHI: Pakistan’s nascent information technology sector exports have risen over $5 billion, said co-founder of 10XC, Saif Akhtar on sidelines of a...
ZTE lambasts US lawmakers security concerns, says it’s a trusted partner
BEIJING: Chinese telecoms equipment group ZTE Corp hit back on Thursday against concerns from U.S. lawmakers that it is a vehicle for...
Netsol to invest $2.5 million in Delaware-based WRLD3D inc
LAHORE: A bourse notification filed Wednesday by Netsol Technologies Limited revealed it would be investing $2.5 million over a period of one...
Uber losses decrease to $1.1 billion in fourth quarter
SAN FRANCISCO: Uber Technologies Inc narrowed its fourth-quarter loss to $1.1 billion from a loss of $1.46 billion in the previous quarter,...
Senate committee recognises telecom sector‘s contribution
ISLAMABAD:Â The Senate Standing Committee for Information Technology and Telecommunication has recently recognised the contribution of the telecom sector and appreciated the investment...
Oracle Cloud growth driving aggressive global expansion
KARACHI:Â Driven by strong customer demand for its cloud services worldwide, Oracle, on Monday, announced plans to significantly expand its modern cloud infrastructure...