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:Â 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.Â
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...
