Facebook takes on Clubhouse, unveils upcoming audio products
Facebook Inc CEO Mark Zuckerberg said on Monday the company planned to launch several audio products, including Clubhouse-style live audio rooms and a way...
China plans $3 bln supercomputing centre to analyse data from space
China's southern space port of Wenchang will build a $3 billion supercomputing centre by year-end to analyse data obtained from space, according to state...
Siri spills the beans on Apple’s next event
CUPERTINO: Siri, Apple’s virtual assistant, might have spilled the beans by telling users on Tuesday that the iPhone maker is going to host a...
Digitising road freight: Pakistan’s Truck It In announces raising $1.5mn in pre-seed round
KARACHI: Online trucking marketplace Truck It In has announced raising $1.5 million in a pre-seed round from global and local institutional and angel investors...
Why are employee stock option plans important for startups?
On Wednesday, the Securities and Exchange Commission of Pakistan (SECP) officially allowed private companies to offer Employee Stock Option Plan (ESOP) to their employees,...
With $320,000 in pre-seed round and a mobile app, Edkasa hopes to make exam preparation easier for students
LAHORE: Edkasa, an up and coming education technology (edtech) startup, has announced raising $320,000 in a pre-seed round and launched a mobile application for...
Leaker says they are offering private details of 500 million Facebook users
WASHINGTON: A leaker says they are offering information on more than 500 million Facebook Inc users - including phone numbers and other data -...
PHC lifts ban on TikTok, directs PTA to control immoral content
LAHORE:Â Peshawar High Court (PHC) on Thursday lifted the ban placed on video-sharing application TikTok and directed the Pakistan Telecommunication Authority to ensure that objectionable...
Spotify to launch its own Clubhouse competitor
NEW YORK: Spotify said on Tuesday it has purchased Betty Labs, the company behind sports-focused social audio app Locker Room, to accelerate its move...
Facebook undersea cable to boost South East Asia internet
Facebook and Google are planning two new undersea internet cables to connect South East Asia to North America.
The project with regional telecoms companies aims...
Pakistani fintech SadaPay raises $7.2m in seed round Â
LAHORE: SadaPay, a Pakistani FinTech startup, has announced raising $7.2 million in the recent seed round, totalling its funding to $9.3 million since its...
PayPal launches crypto checkout service
LONDON: PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at...
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 announced on...
Arif Habib invests in eCommerce startup InstaMall
LAHORE: InstaMall, an eCommerce marketplace, has successfully managed to secure pre-seed investment from Pakistani business magnate and Arif Habib Group, Chairman, Arif Habib and...
Global cloud gaming market to grow 125pc in 2021: report
ISLAMABAD: Global cloud gaming revenue is expected to reach $1.4 billion by the end of this year, up 125pc than last year, according to...
