Netsol reports surge in profits of 513pc for FY 2016-17

Karachi: In a notification sent to the bourse on Monday, Netsol Technologies Limited announced its financial year results for the year 2016-17. Netsol...

Craving for the cosmetic

During his five-year stint at Glasgow University as under- and post-graduate in telecommunication and Master’s in Business Administration, Naveed Azhar – presently...

17th ITCN Asia conference held in Karachi

Karachi: The 17th ITCN Asia 2017 –Pakistan’s largest telecom and information technology conference – organized in Expo Center, Karachi, attracted more than...

Google acquires smartphone maker HTC in $1.1 billion deal

Taipei: Alphabet Inc’s Google said it would pay $1.1 billion in cash to acquire the division at Taiwan’s HTC Corp that develops...

Alibaba’s acquisition of Telenor Bank could alter dynamics of e-commerce in Pakistan

Islamabad: Apropos to a report by Profit on Tuesday, sources in State Bank of Pakistan have confirmed that it had received a...

Uber assessing Asian operations amidst US probe

Jakarta: Uber Technologies Inc which is the subject of a U.S. federal probe into whether it broke bribery laws, has started a...

Apple making major changes to App store as iOS 11 release looms

Cupertino: Apple’s newest operating system for iPhones and iPads introduces changes to its marketplace for third-party software to satisfy app developers and...

Chinese authority’s issue order to cease Bitcoin trading

Shanghai: Chinese authorities have ordered Beijing-based cryptocurrency exchanges to stop trading and at once notify users of their closure, signaling a widening...

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...

Co-founder of Whatsapp exiting Facebook to start non-profit entity

California: Brian Acton, co-founder of WhatsApp, now owned by Facebook will leave the messaging service company to start a new foundation, he...

Bitcoin is a sham, says JP Morgan CEO

New York: Bitcoin “is a fraud” and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co said on Tuesday. Speaking...

Apple launches iPhone X, preorders start end of October

Cupertino: Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a glass and stainless-steel device with an edge-to-edge display that Chief...

iPhone 8 adoption could get affected in China due to $1000 above price tag

Beijing: Apple Inc will launch an expected “iPhone 8” on Tuesday, hoping the number’s auspicious connotations in China will help turn around...

How China’s internet censorship is impacting e-commerce and entrepreneurs

Beijing: Frank Chen's e-commerce business has nothing to do with politics but he worries it might be sunk by the Communist Party's...

Robin Hood of the Fintech world

In 2001, in Karachi, he forecast on the cell phone penetration in the country: by 2010 a hundred million people in Pakistan...