Financial management key to successful businesses: SMEDA
LAHORE: Financial management is the main driving key to run a successful business. It was unanimously observed by the speakers while addressing...
Kenyan digital payment company planning to open operations in Pakistan
Till March this year, 10 percent of the transactions or $24 million being handled by BitPesa included countries in Asia
Veon reports $109mn loss in Q1 while Russian arm improves
Veon, which also operates in Pakistan, Ukraine, Uzbekistan, and Algeria, reported a loss of $109 million, versus a loss of $5 million in the same period a year ago.
President Xi and Trump to help recover China’s ZTE
WASHINGTON: US President Donald Trump said on Sunday that he and Chinese President Xi Jinping are working to give Chinese telecom company...
The Black Sheep of the White Hat community
During our investigation into the recent security breach at Careem, some industry sources highlighted a faction of the white hat community that exploits startups that are vulnerable to cyber attacks, prompting Profit to look into how ethical these ‘ethical hackers’ really are.
ZTE paid $2.3 billion to US exporters in 2017
In April this year, the Commerce Department found ZTE had violated the terms of last year’s settlement and banned U.S. companies from providing exports to ZTE for seven years. As a result, ZTE suspended its main operating activities earlier this month
NED Karachi alum Naveed Sherwani’s SiFive raises $50.6 million in series-C funding
Mr Sherwani obtained a bachelor’s degree in electrical engineering from Karachi’s NED Engineering University in 1983 and got a PhD in computer engineering from the University of Nebraska
Apple on brink of $1 trillion valuation, but Amazon isn’t far behind
Apple’s stock has risen 24 percent over the past year, fueled by optimism about the iPhone X, the company’s latest smartphone and Amazon’s stock has surged 70 percent over the past 12 months, bolstered by 31 percent revenue growth
‘Only’ Pakistani cryptocurrency rises by 60pc, post SBP crypto ban
Last month, the State Bank of Pakistan in an announcement posted on its website, banned cryptocurrencies in the country.
In the statement, the...
This ‘crazy’ decision made Apple into the most accomplished company today
20 years ago, Apple made this crazy, irrational decision, to forward integrate in a medium that was supposedly going away.
Professor of Marketing,...
Who has the right to our data?
How a lack of data protection legislation in Pakistan is hurting users and gives them no recourse to legal action in event of a data breach like the one that happened at Careem
Data Security – issue of morality, business ethics, or inept governance?
In the murky world of numbers and big data, Pakistan, must not lag behind.
Surge in broadband connectivity depicts massive impact on digital banking
ISLAMABAD: Due to the rapid growth of the telecommunication sector, the country has undergone an impressive transformation over the last four years.
E-banking transactions...
Google assistant will now be able to make calls for you
Google also said it was expanding the ability of the assistant to order food from restaurants including Starbucks Corp and Domino’s Pizza Inc.
Alibaba acquires 100 percent stake in Daraz
The financial details of the transaction were not revealed and Daraz would continue to operate under the same brand following the sale to Alibaba, said Rocket Internet.