Cryptocurrencies should only be traded by professional investors, says: Russian Finance Minister
MOSCOW: Russian Finance Minister Anton Siluanov said on Monday that cryptocurrencies should be traded only by professional investors, not in the mainstream.
“Professional...
Facebook acquires Confirm, a company which authenticates IDs
NEW YORK/SAN FRANCISCO: Facebook Inc is buying a software firm that specializes in authenticating government-issued identification cards, the two companies said on...
Audi’s electric SUV faces four-week delay owing to software bug
FRANKFURT: Audi’s first electric sport utility vehicle (SUV) will hit showrooms four weeks later than planned because of a software development issue, a...
President KCCI to inaugurate ICT Gala 2018 on Friday
KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik will inaugurate ICT Gala 2018 being organised by Pakistan Computer...
US may scale back Huawei trade restrictions to help existing customers
The US Commerce Department has said it may soon scale back restrictions on Huawei Technologies after this week’s blacklisting would have made...
Apple CEO calls $1 trillion value a ‘milestone’ but not a focus
With a closing price of $207.39 on Thursday, Apple became the first publicly listed U.S. company to ever reach $1 trillion in market capitalization.
Chinese tech investors flee Silicon Valley as Trump tightens scrutiny
SAN FRANCISCO: New Trump administration policies aimed at curbing China’s access to American innovation have all but halted Chinese investment in US technology...
Careem gets investment from Didi Chuxing to help expand its operations
Lahore: Careem, the leading ride-hailing and internet platform in the Middle East, North Africa, Turkey and Pakistan, today announced a strategic partnership...
JD.com’s finance affiliate raises $2 billion, more than doubles valuation
JD Finance will reach a valuation of 133 billion yuan ($19.8 billion) after the closing of the fundraising, it said in a statement
Buzzfeed, Huffpost setback by new wave of lay-offs
Over at HuffPost, about 10 percent of journalists left editorial staff this week or about 20 people in total
Apple planning blockbuster release of three iPhones later this year
CUPERTINO: Apple Inc is preparing to release three new smartphones later this year, including the largest iPhone ever, a device that may have...
Japan’s Line ties up with Tencent, Mizuho; shares jump
Japanese retailers offering Line Pay services will be able to process payments from the growing numbers of Chinese tourists using Tencent’s WeChat Pay from early next year, Line said
Apple opens new chapter amid weakening iPhone demand
The company’s services revenue in the past quarter climbed 19 percent from the prior year to $10.9 billion — more than any other category besides the iPhone
KP govt introduces online system to monitor uplift projects in tribal districts
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has introduced an online system to actively monitor tribal districts’ development programme.
As per officials, each project...
Uber makes confidential filing for long-awaited IPO
Uber’s valuation in its most recent private financing was $76 billion, and it could be worth $120 billion in an IPO