K-Electric wins regional award for best use of technology
Pakistan’s only vertically integrated power utility, K-Electric has won the ‘Best Use of Technology’ Award in the 'Best Customer Innovation' category at...
What comes next in Facebook’s major data breach
Facebook confirmed late Friday that third-party apps, including its own Instagram app, could have been affected
SBP welcomes entry of non-banks in payment systems
KARACHI: State Bank of Pakistan (SBP) Deputy Governor Riaz Riazuddin said on Thursday the central bank is facilitating the entry of non-banks in the...
Chinese e-commerce giant Alibaba announces $15b for overseas R&D program
Beijing: China’s top e-commerce firm, Alibaba Group Holding Ltd, is launching a $15 billion drive to build overseas research hubs as the...
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...
ZTE averts closure, agrees to pay $1 billion fine and management revamp
Under the new agreement, ZTE must also retain a compliance team selected by the Commerce Department for 10 years. The company already has a U.S. court-appointed monitor
Facebook plans its own currency for over two billion users
The digital currency, called Libra, is scheduled to launch sometime in the next six to 12 months
SAN FRANCISCO: Facebook already rules daily...
UberPITCH broadens road to opportunity for startups
KARACHI: Uber, the global smartphone app that seamlessly connects riders to drivers, has announced the launch of UberPITCH 2018, a nationwide competition...
Rovio, maker of Angry Birds set to hold IPO
Helsinki: The maker of hit mobile phone game “Angry Birds” is planning an initial public offering to raise around 30 million euros...
China regulators held talks with Alibaba, Tencent, nine others on ‘deepfake’ tech
BEIJING: Chinese regulators recently summoned 11 domestic technology companies including Alibaba Group, Tencent and ByteDance for talks on use of ‘deepfake’ technologies...
Smart living comes with smart usage of technology
ISLAMABAD: The world is living in the smart age: from telephone to work ethics and lifestyle, every aspect of life is going to...
Samsung Electronics projects record first quarter profit
SEOUL: Samsung Electronics Co Ltd tipped a surprise record first-quarter profit on Friday but market reaction was muted due to growing concerns...
Self-driving trucks begin mail delivery test for US Postal Service
The US Postal Service on Tuesday started a two-week test transporting mail across three Southwestern states using self-driving trucks, a step forward...
Group of 165 Google critics call for swift EU antitrust action
BRUSSELS: A group of 165 companies and industry bodies have called on EU antitrust enforcers to take a tougher line against Google,...
Pandemic speeds labour shift from humans to robots
ZURICH: Robots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the Covid-19 pandemic accelerates...