Enhanced connectivity among South Asian countries stressed
ISLAMABAD: Former caretaker finance minister Dr Shamshad Akhtar said that the new age of globalisation and digitisation, amid nationalism, calls for enhanced regional...
British Airways faces record $230m fine over data theft
LONDON: British Airways-owner IAG is facing a record $230 million fine for the theft of data from 500,000 customers from its website...
Eliminate all media upfronts for 2021: Gary Vaynerchuk
The outspoken founder of VaynerMedia urged marketers, particularly those at CPG companies, to limit or eliminate upfront media commitments due to the uncertainty around the ability to supply demand
Pakistani fintech SadaPay raises $7.2m in seed round
LAHORE: SadaPay, a Pakistani FinTech startup, has announced raising $7.2 million in the recent seed round, totalling its funding to $9.3 million...
President emphasizes use of modern technology
Islamabad: The use of modern technology in China-Pakistan Economic Corridor (CPEC)-related energy projects will alleviate the energy crisis in Pakistan and play...
Careem moves into delivery service by acquiring Delivery Chacha
KARACHI: In a model replicating UberRush, Careem the ride-hailing service has ventured into the delivery segment by acquiring Delivery Chacha, an on-demand...
Uber in last ditch efforts to save London operations
LONDON: Uber will defend its right to operate in London in a court hearing on Monday after the app was deemed unfit...
Only three to four smartphone vendors can survive industry’s cruel economics: Huawei
BARCELONA: The smartphone industry is bound to consolidate as the heavy investments required to remain competitive mean that, in the long-run, only...
ZTE paid $2.3 billion to US exporters in 2017
In April this year, the Commerce Department found ZTE had violated the terms of last year’s settlement and banned U.S. companies from providing exports to ZTE for seven years. As a result, ZTE suspended its main operating activities earlier this month
Race tightens for second place after Apple’s $1 trillion valuation
Amazon is now the second-largest publicly-listed U.S. company, with a market capitalization of $889 billion, followed closely by Alphabet and Microsoft, at $856 billion and $830 billion respectively
Singapore central bank chief warns of risks to data localisation measures
A number of other countries in Asia and elsewhere are pursuing data localization laws as they seek greater control over the internet
Apple will face tariffs on components imported from China: Trump
President Donald Trump warned Friday that he would snub Apple's requests for tariff exemptions on device components imported from China, as he...
Mastercard to buy digital ID verification firm Ekata in $850 mln deal
Mastercard Inc said on Monday it had agreed to buy digital identity verification company Ekata in a deal valued at $850 million,...
Facebook reveals reason for six-hour worldwide outage of social media
MENLO PARK: Facebook blamed a “faulty configuration change” for a nearly six-hour outage on Monday that prevented the company’s 3.5 billion users...
Sepia Solutions successfully deploys Google G Suite in Colgate-Palmolive Pakistan
KARACHI: Sepia Solutions, a Google Cloud partner in Pakistan, has successfully helped Colgate Palmolive Pakistan Limited to migrate from the legacy system to...