Careem becomes first Middle-East startup to attain $1 billion valuation
LAHORE: Careem has become the first Middle East startup to achieve the $1 billion or a unicorn valuation, highlighting its ascendancy in...
Google launches Google Pixel 2, XL 2 and voice-enabled home speakers
San Francisco: Alphabet Inc’s Google on Wednesday unveiled the second generation of its Pixel smartphone along with new voice-enabled home speakers, redoubling...
Microsoft aiming to buy TikTok’s entire global business: report
TikTok is currently facing a Sept 15 deadline to either complete a sale of its US operations to Microsoft or face a ban in the United States
Samsung plans refurbished smartphone programme
Samsung Electronics Co Ltd plans to launch a programme to sell refurbished used versions of its premium smartphones as early as next...
Xiaomi announces smart EV business, to invest $10bn over ten years
SHANGHAI: Chinese smartphone maker Xiaomi Corp has formally entered the automotive industry with a new smart electric vehicle (EV) business, the company...
Pakistan’s economy suffered Rs1b loss due to IMEWE submarine cable fault
Islamabad: Pakistan’s economy had to bear an estimated loss of Rs1 billion owing to recent fault in submarine cable whereas Pakistan Telecommunication...
Chip sector slowdown hits Swiss tech group Comet
Lower sales growth, shifts in the product mix and higher-than-expected restructuring costs would also hit profitability this year, the company said in a statement.
Total broadband subscribers in Pakistan cross 44.32m
Islamabad: The total broadband subscribers including 3G and 4G services have crossed 44.32 million in the country, registering a reasonable growth rate...
Momentum Pakistan 2018 to see participation from Facebook, Microsoft & Amazon
LAHORE: To mentor aspiring Pakistani entrepreneurs, a workshop Momentum Pakistan 2018 is being held in Karachi on February 19th and 20th next...
Coca-Cola, US State Department to use blockchain to combat forced labour
NEW YORK: Coca-Cola and the United States (US) State Department along with two other companies said on Friday they are launching a...
Big corporates back crypto ‘plumbing’ despite currency caution
LONDON: Major finance and tech firms are pouring money into startups building technology to develop the crypto market, even though they’re steering...
Saudi sovereign wealth fund pumps in $1 billion in Tesla’s electric car
DUBAI: Saudi Arabia’s sovereign wealth fund invested over $1 billion Monday in an American electric car manufacturer just weeks after Tesla CEO...
Father of Web says tech giants may have to be split up
The digital revolution has spawned a handful of U.S.-based technology companies since the 1990s that now have a combined financial and cultural power greater than most sovereign states
Samsung Electronics announces stock split, posts record annual profit
SEOUL: Samsung Electronics Co Ltd announced on Wednesday its first stock split and said it expects demand for semiconductors to remain strong...
Enhanced connectivity among South Asian countries stressed
ISLAMABAD:Â Former caretaker finance minister Dr Shamshad Akhtar said that the new age of globalisation and digitisation, amid nationalism, calls for enhanced regional...