Pakistan re-elected to ITU’s Administrative Council

The re-election is a recognition of the contribution that Pakistan has made in global ICT policy arena ISLAMABAD: Pakistan won a four-year term...

BridgeLinx announces raising $10m in seed funding for its trucking marketplace

Lahore-based digital freight marketplace startup, BridgeLinx, has announced raising $10 million in the country’s largest seed round. The startup helps businesses and manufacturers...

JD.com’s finance affiliate raises $2 billion, more than doubles valuation

JD Finance will reach a valuation of 133 billion yuan ($19.8 billion) after the closing of the fundraising, it said in a statement

Uber still racking up losses in US market amidst tough competition from Lyft

NEW YORK: Uber Technologies Inc will continue to lose money in its home market for at least the next six months as...

Bitcoin falls 11 percent to below $14,000

TOKYO: Bitcoin fell more than 10 percent to below $14,000 on the Bitstamp exchange on Friday, extending overnight losses. It was last down...

Softbank purchases 15 percent stake in Uber

NEW YORK: A group led by Japanese technology conglomerate Softbank has acquired a major stake in Uber, potentially tamping down internal warfare...

‘Trade War’ intensifies: Chinese tech giant cries foul, opens up on US denial of export orders

ISLAMABAD: China's technology giant ZTE has opened up on the controversy regarding its Export Control Compliance Regime, making it clear that within...

‘Use of technology imperative to safeguard CPEC routes’

ISLAMABAD: Pakistan's biggest logistical challenge with regard to the China Pakistan Economic Corridor is the pilfering of goods into Pakistan, which can...

Samsung set to announce entry into autonomous driving sector

Frankfurt: South Korea’s Samsung Electronics Co Ltd plans to become a major player in autonomous driving, building on its recent $8 billion...

Apple hits $1 trillion stock market valuation

SAN FRANCISCO: Apple became the first $1 trillion publicly listed US company Thursday, crowning a decade-long rise fueled by the ubiquitous iPhone...

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...

Google Launchpad Accelerator now open to Pakistani startups

Karachi: Launchpad Accelerator give us an opportunity to work with and empower amazing developers, who are solving major challenges all around the world...

Apple planning blockbuster release of three iPhones later this year

CUPERTINO: Apple Inc is preparing to release three new smartphones later this year, including the largest iPhone ever, a device that may have...