Pakistan moves to tax US advertising space on digital giants Google, Facebook

ISLAMABAD: Pakistan has proposed 5% tax on digital revenues, hitting US tech giants like Google, Amazon and Facebook, while also moving to bring...

Alibaba annual net profits up 47pc for FY2017/18

BEIJING: Chinese e-commerce giant Friday announced a massive 47 per cent leap in net profit for the fiscal year 2017/18, helped by...

Huawei Marine commences survey for PEACE submarine cable

PEACE submarine cable is expected to be active by end of 2019 and will have over 60 Tb capacity

Twitter calls all users to change passwords after glitch

The social network disclosed the issue in a blog post and series of Tweets on Thursday afternoon, saying it had resolved the problem and an internal investigation had found no indication passwords were stolen or misused by insiders

Amazon terminates plan for office tower in Seattle over proposed tax

Amazon has said it will spend more than $5 billion and create up to 50,000 jobs in the city it chooses for its second headquarters, to be announced this year

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 betting on services to help fuel growth

Apple services segment faces margin, competitive challenges

Cambridge Analytica goes ‘kaput’ as business collapses

Cambridge Analytics earlier this year was alleged of the improper use of data of 87 million Facebook users

Pakistan’s first ‘smart wheelchair’ aims to facilitate differently-abled

The electric wheelchair can be operated through smartphones, voice commands

Whatsapp co-founder exits in loss of privacy advocate at Facebook

Facebook has battled European regulators over a plan to use WhatsApp user data, including phone numbers, to develop products and target ads

T-Mobile, Sprint to form ‘new company’: CEO

US wireless operators Sprint and T-Mobile will form a new company and push development of a super-fast 5G network, the head of...

Iran local cryptocurrency project on track despite ban by central bank

DUBAI: Iran has developed an experimental local cryptocurrency, a government minister said on Saturday, days after the country’s central bank banned trading...

Prime price ‘hike’ expected to rake in extra $1b revenue for Amazon

The 20 percent hike was the second time Amazon had increased its Prime subscription fee since the launch of the service in 2005

Google must take greater responsibility: Sergey Brin

Alphabet’s primary unit, Google, has become a top target in Silicon Valley for regulators, authorities and critics in advertising and media

Budget 2018-19: 21 types of computer part imports to be exempted from tax

Duty on import of fiber optic cable reduced to 10 percent from 20 percent in the federal budget 2018-19