Monday, January 5, 2026

Bitcoin nosedives to two-month low as downtrend continues

So far in 2018, bitcoin is down nearly 53 percent, after soaring more than 1,300 percent last year

Global e-commerce sales will skyrocket to $3 trillion by 2022: Fitch Solutions

China is the largest e-commerce market globally with total e-commerce sales forecast at $834 billion in 2019 and projected to further rise to $1.24 trillion by 2022

Musk’s xAI targets $113 billion valuation with $5 billion debt package

A larger investment round is expected to follow the secondary offering, in which xAI plans to offer new equity to outside investors

US set to give Huawei another 90 days to buy from American suppliers

SINGAPORE/WASHINGTON: The US Commerce Department is expected to extend a reprieve given to Huawei Technologies that permit the Chinese firm to buy supplies from US...

Pakistan’s Airlift announces raising $85mn in Series-B round

LAHORE: Pakistan’s Airlift Tuesday claimed to have raised $85 million in a Series-B round to scale its grocery delivery platform Airlift Express.  The round was...

Amazon plans $20 billion investment in Pennsylvania data centers

In Pennsylvania, the investment will create 1,250 high-skilled jobs and support thousands more in the data center supply chain

Trump to meet Netflix co-CEO Ted Sarandos, source says

U.S. President-elect Donald Trump is scheduled to meet with Netflix co-CEO Ted Sarandos on Tuesday at Trump's Mar-a-Lago resort, a source familiar with the...

Google integrates SandboxAQ’s AI models for advanced data analysis

The move allows enterprises to use Google Cloud to develop and deploy LQMs, expanding SandboxAQ’s reach to a broader customer base

Qualcomm advances on smartphone market revival, Chinese handset launches

Qualcomm shares rose 4% on Thursday after the chip designer's strong quarterly revenue forecast fanned investor optimism about a China-led recovery in the smartphone...

Elon Musk’s X reaches settlement with Twitch over ad boycott claims

X signs "memorandum of understanding" to drop case against Twitch if conditions are met by year-end

Pakistan Software Export Board expands IT infrastructure with 43 technology parks

 New IT parks in Karachi and Islamabad to boost exports and job creation

Facebook to launch device with camera that follows people around

Was this the best way forward for a company which has lost public trust amid recent data privacy scandals that resulted in millions opting out of the social media site?

Smartphone maker Xiaomi submits documents for Hong Kong IPO

Beijing-based Xiaomi is the world’s fourth-biggest smartphone maker by shipment volume, according to International Data Corp

Apple to introduce phone-to-phone augmented reality at WWDC

Apple designed its two-player system to work phone-to-phone in part because of those privacy concerns

Microsoft discontinues Groove music in favour of Spotify

Redmond: Microsoft Corp said on Monday it would discontinue its Groove Music Pass subscription service, allowing its existing customers to move their playlists and...