Venezuela launches oil pegged cryptocurrency “petro”
CARACAS: Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the...
China’s DeepRoute.ai teams up with Qualcomm for ADAS solutions
The technologies will support features such as urban autopilot navigation, highway driving assistance, and automated parking
Japan’s Line ties up with Tencent, Mizuho; shares jump
Japanese retailers offering Line Pay services will be able to process payments from the growing numbers of Chinese tourists using Tencent’s WeChat Pay from early next year, Line said
Xiaomi set to cross 2017 revenue target, as IPO talks loom
HONG KONG: Chinese smartphone maker Xiaomi Inc has told bankers it would top its annual revenue target by as much as 18 percent, sources...
Apple earnings rise 12pc to $8.7b for quarter of April-June 2017
San Francisco: Apple's earnings climbed 12 percent to $8.7 billion in the company's latest quarter amid rising demand for iPhones while the iPad snapped...
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 ventures with...
Chinese authority’s issue order to cease Bitcoin trading
Shanghai: Chinese authorities have ordered Beijing-based cryptocurrency exchanges to stop trading and at once notify users of their closure, signaling a widening crackdown by...
Huawei delays global launch of foldable phone by three months
HONG KONG: Huawei will delay the launch of its much-touted foldable 5G Mate X smartphone by three months, the latest setback for the company that...
Moscow court fines Zoom for failing to abide by Russian internet rules
79.6 million rouble fine is issued for failure to comply with legal requirements for foreign entities operating in Russia's internet space
EU defends Digital Markets Act as non-targeted at U.S. tech firms
DMA applies to any company meeting the criteria of a "gatekeeper" in the European Union, regardless of its country of origin, says EU officials
Elon Musk reveals Starlink awaits government approval for Pakistan launch
As Pakistan’s IT sector expands, Starlink’s potential to bridge the digital divide in underserved areas is significant
Apple plans to integrate AI search options into Safari
Apple’s move to introduce AI-driven search options indicates a potential disruption to Google’s dominant position in the search market
Spotify launches in the Middle East and North Africa
Before the launch in the Middle East and North Africa, Spotify’s music streaming services were available in 65 markets, according to its website
Samsung Electronics announces stock split, posts record annual profit
SEOUL: Samsung Electronics Co Ltd announced on Wednesday its first stock split and said it expects demand for semiconductors to remain strong in 2018,...
Meta launches AI-powered robotics division, enters humanoid robot race
The robotics division will focus on consumer humanoid robots, leveraging the capabilities of Meta’s Llama AI platform, says Meta CTO
