Uber set to receive multi-billion-dollar investment from Softbank

SAN FRANCISCO/NEW YORK: Uber Technologies Inc’s warring board members have struck a peace deal that allows a multibillion-dollar investment by SoftBank Group...

Apple, Epic Games CEOs on list of witnesses in Fortnite case

NEW YORK: Apple Inc and Epic Games have listed their chief executive officers as potential witnesses in a case between the iPhone...

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...

Lahore-based Daftarkhwan aiming blistering growth after seed funding from EMPG

Lahore-based co-working startup Daftarkhwan plans to double the capacity at its co-working offices within a few months after securing seed funding from regional...

Instagram – How a simple photo-sharing app is now worth more than $100 billion

Instagram is one of the most popular social media platforms out there – both from an advertiser and user point of view. Like...

Britain begins formal Amazon, Google fake review inquiry

LONDON: Britain's competition regulator started a formal investigation on Friday into whether Amazon and Google may not have done enough to prevent...

FBR approaches FIA regarding phishing scam

Islamabad: A spokesman for the board said FBR has taken exception with regards to the fake and fraudulent emails targeting taxpayers with...

Etisalat to pay longstanding $800mn to government

ISLAMABAD: Etisalat, holding the company of Pakistan Telecommunication Company Limited (PTCL), which is defaulting $800 million to the government, has finally agreed to...

Global Unicorn Club lists startups with market valuation of $1bn or more

CB Insights recently published the Global Unicorn Club which lists private companies from around the world which have a total cumulative market...

Punjab holds potential to become South Asia’s Silicon Valley: Minister

Punjab government collects Rs100bn revenue through e-stamping system LAHORE: Provincial Finance Minister Makhdoom Hashim Jawan Bakht said on Monday that Punjab has the...

State Bank digitises forex-related operations

KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Friday launched the SBP FX Regulatory Approval System (RAS) for end-to-end...

Ant Financial raises $10 billion from global and local investors

The fundraising values the firm at $150 billion, the people said, compared with about $60 billion after its previous fundraising in April 2016

No, TAG isn’t worth $100mn. And here is why it might never be

TAG might have managed to woo investors, but it might have miscalculated its own market

Whatsapp to start charging business users

Facebook Inc’s WhatsApp messenger service will start charging businesses for sending marketing and customer service messages, it said on Wednesday, as the...

Telecom service providers are development partners of govt: minister

ISLAMABAD: Punjab Finance Minister Dr Ayesha Ghaus Pasha has said that the telecommunication service providers are development partners of the provincial government...