Seminar held on ‘Digital Diruption’ at KSBL

A guest speaker session was held on Saturday, July 28 in the Digital Entrepreneurship class conducted by Dr Shoaib Ul Haq ar...

Digital payments could bring $1.5 billion windfall to Karachi, says Visa study

KARACHI: Businesses, individuals, and government can stitch up savings of around $1.5 billion from the megapolis of Karachi alone if consumers adapt...

Race tightens for second place after Apple’s $1 trillion valuation

Amazon is now the second-largest publicly-listed U.S. company, with a market capitalization of $889 billion, followed closely by Alphabet and Microsoft, at $856 billion and $830 billion respectively

Apple CEO calls $1 trillion value a ‘milestone’ but not a focus

With a closing price of $207.39 on Thursday, Apple became the first publicly listed U.S. company to ever reach $1 trillion in market capitalization.

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...

Whatsapp to start charging business users

Facebook Inc’s WhatsApp messenger service will start charging businesses for sending marketing and customer service messages, it said on Wednesday, as the...

Pakistan’s first digital nano loan launched by Telenor Microfinance Bank

KARACHI: In continuation of its efforts to increase financial inclusion, as part of the Government of Pakistan’s National Financial Inclusion Strategy of...

Instagram not an instant fix for ailing Facebook

The social media company suffered the biggest one-day wipeout in U.S. stock market history, losing more than $120 billion in market capitalization as shares fell 19 percent a day after executives forecast years of lower profit margins due to regulatory pressure over privacy.

Zuckerberg fortune takes a $16 billion plunge in record Facebook fall

Shares fell as much as 19.6 percent to $174.78, a decline that if sustained would wipe about $124 billion off the company’s value - or nearly four times the entire market capitalization of Twitter Inc

Apple supplier LG Display slashes investment plans as losses mount

LG said it would trim investment by 3 trillion won ($2.7 billion) from what was planned by 2020, without revealing its total or previous capex targets

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...

RCCI to hold IT conference in August, promote fintech, e-commerce

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) is going to organise a Financial Technology Conference (FinTech) in August. The primary purpose...

Apple Watch, FitBit could feel cost of U.S. tariffs

The specific products listed in customs rulings are the original Apple Watch; Fitbit’s Charge, Charge HR and Surge models; and Sonos’s Play:3, Play:5 and SUB speakers

Rolls-Royce plans for take-off in flying taxi market

Rolls-Royce said on Sunday it had drawn up plans for an electric vertical take-off and landing (EVTOL) vehicle, or flying taxi, which could carry four to five people at speeds of up to 250 miles per hour for approximately 500 miles

Axiata to divest 89% stake in Multinet Pakistan for $1

The financial performance of Multinet has been deteriorating over the last few years with the internet service provider (ISP) amassing losses of Rs754 million for the financial year ended December 31st, 2017