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
Brokerages predict Amazon market cap could cross $1 trillion in value
*Investors have been debating for months which of the United States’ tech sector heavyweights - Alphabet Inc, Apple Inc and Amazon - would be first to top a $1 trillion
Bitcoin hysteria settles down as big players muscle into market
Worldwide regulatory crackdown has impacted trading volumes
Amazon reports bumper profits, raises prices for US Prime subscribers
WASHINGTON: Amazon.com Inc more than doubled its profit on Thursday and predicted strong spring results as the world’s biggest online retailer raised...
Economic Survey 2017-18: Telecom sector revenues touched Rs235.5 billion in FY 2017-18
Until the end of February 2018, Pakistan’s total mobile broadband subscribers stood at 53.5 million.
AI-based robots a gamechanger for businesses in Pakistan
ISLAMABAD: With the modernisation of business technology, even small and medium-sized companies can effortlessly integrate robots into their day-to-day operations and service...
Facebook’s financials improve, despite data scandal
NEW YORK: Facebook shares rose on Wednesday after the social network reported a surprisingly strong 63 per cent rise in profit and...
Barclays, PayPal announce partnership, as big banks mull big tech threat
LONDON: British bank Barclays and digital payments firm PayPal have announced a partnership that will see them explore ways to combine their...
Following ZTE, Huawei faces investigation for violation of U.S sanctions
NEW YORK/LONDON: U.S. prosecutors in New York have been investigating whether Chinese tech company Huawei violated U.S. sanctions in relation to Iran,...
NTC to build Pakistan’s first ‘G-Cloud’
ISLAMABAD: VMware Inc, a leading innovator in enterprise software, signed an agreement with the National Telecommunications Corporation (NTC). The agreement will enable...
Xiaomi to limit income from hardware business at 5 percent, as IPO looms
BEIJING: Chinese smartphone and smart device maker Xiaomi will cap income from its hardware business at 5 percent of after-tax profits starting...