Internet services disrupted across Pakistan as submarine cables go offline

Internet services across the country partially crashed on Tuesday evening, due to a fault that developed in international submarine cables that connect...

T-Mobile & Sprint merger plan gathers steam

Washington: T-Mobile U.S. Inc and Sprint Corp plan to announce a merger agreement without any immediate asset sales, as they seek to...

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...

National food security ministry partners with USAID to enable agri-technology

KARACHI: The United States Agency for International Development (USAID) and the Pakistan Ministry of National Food Security and Research (NFS&R) launched USAID’s...

Intel aims to push beyond phones with 5G infrastructure deals

Intel Corp on Monday announced new chips and partnerships that it hopes will persuade its investors that the billions of dollars in...

Telecard restructures TFC debt with creditors as company prepares for IPO of Supernet

LAHORE: Telecard Limited Wednesday announced that it had successfully restructured a loan amount, which was Rs736.2 million till March 31, 2021, as...

Toshiba reaches $18b deal for its chip unit, but confusion persists

TOKYO: Japan’s Toshiba Corp said on Thursday it had signed a US$18billion deal to sell its chip unit to a consortium led...

COMSATS to hold 3-day workshop on techno-parks from Tuesday

ISLAMABAD: COMSATS Institute of  Information Technology (CIIT) Islamabad, is organising the first of its kind three-day international workshop from January 30 to February...

Amazon to foray deeper into fresh produce in India

BENGALURU: Amazon.com Inc expects groceries and household products to account for over half of its business in India in the next five...

Apple’s new, lower priced iPhone draws tepid response in Asia

HANGZHOU: Apple Inc's new, lower-priced iPhone that comes with a faster processor but lacks 5G technology disappointed Asia, where cheaper and feature-packed...

Foodpanda signs MOU with Sehat Kahani for telemedicine services for employees 

KARACHI: Foodpanda signed an MOU with Sehat Kahani -- one of the fastest-growing health tech companies in Pakistan, to provide telemedicine services...

Pakistan’s Healthwire raises $700,000 from 47 Ventures in pre-Series A round

LAHORE: Healthwire, a health-tech startup focused on aggregating all stakeholders of the healthcare ecosystem on its platform and providing a seamless digital...

Warren Buffet offloads stake in IBM, increases shareholding in Apple

NEW YORK: Warren Buffett’s Berkshire Hathaway Inc has sold another large piece of its stake in IBM Corp, backing further away from...

ZTE proposes $10.7 billion financing plan, new board

On Wednesday, ZTE shares plunged a record 41 percent in Hong Kong and 10 percent in Shenzhen, wiping out almost $3 billion off embattled ZTE’s market value, as it resumed trading after being suspended for almost two months due to the U.S. ban

Huawei’s $105bn business at stake after US broadside

Trump administration says it will add Huawei Technologies and 70 affiliates to its 'Entity List' HONG KONG/BEIJING: The latest US broadside against Huawei...