Instagram surpasses YouTube in ad revenue
Court filing reveals Instagram's massive contribution to Meta's earnings since its acquisition in 2012 for $1 billion
Alibaba’s entrance to enhance Pakistan’s digital economy
Analysts often cite the absence of PayPal as among the impediments to the growth of e-commerce in Pakistan.
Telenor accelerates digital innovation thru Open-APIs
As per a press release, Telenor Pakistan is the first telecom operator to launch an intelligent API management solution of Google in...
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...
Pakistan’s B2B agritech startup Tazah closes pre-seed round at $6.5m
LAHORE: Lahore-based B2B fresh produce marketplace Tazah Technologies has raised an additional $4.5 million in its pre-seed extension round, bringing the total...
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,...
Telecom sector contributed Rs53.76b during first two quarters of FY 2016-17
Islamabad: The telecom sector has contributed Rs582.95 billion to the national exchequer during the last three and a half years, making it...
Uber to reveal details about SoftBank deal next week
SAN FRANCISCO: Uber Technologies Inc plans to move ahead with a deal to bring in Japanese technology company SoftBank Group Corp as...
CDWP set to take up heavy agenda of projects worth billions of rupees
ISLAMABAD: Central Development Working Party (CDWP) is all set to take up a heavy agenda on Monday to approve 31 key projects...
“Focus is fintech, not grocery delivery anymore”
Airlift Technologies to raise funds for the company's pivot into a new core business of selling Rs 100 notes for Rs 75
Portuguese tech firm S4 Digital acquires 70% stake in Pakistan’s Bramerz
Portugal-based business and technology consulting firm S4 Digital announced on Friday that it had acquired a 70% stake in Pakistan’s digital marketing...
Pakistan’s InfoTech Group to list on PSX in Q3’22; plans to raise Rs2bn from IPO
LAHORE: InfoTech Group, one of the oldest technology companies in Pakistan, plans to raise Rs2 billion through an initial public offering (IPO)...
China’s leading IT company to explore investment, business opportunities in Pakistan
BEIJING: A leading Chinese digital solutions provider has shown tremendous interest to explore the Pakistani market for investment and business through joint...
Pakistan’s COLABS secures $3mn in funding as it plans to become launchpad for startups, freelancers
Lahore-based coworking operator COLABS has raised $3 million in a seed round as the startup plans to become the launchpad for startups...
Google acquires smartphone maker HTC in $1.1 billion deal
Taipei: Alphabet Inc’s Google said it would pay $1.1 billion in cash to acquire the division at Taiwan’s HTC Corp that develops...