Musk reiterates Tesla doesn’t need capital, projects profit in third & fourth quarter
CALIFORNIA: Tesla Inc will be profitable in the third and fourth quarters of this year and will not have to raise any...
Learn how Facebook targets its users with advertisements
NEW YORK: If you want to tailor a Facebook ad to a single user out of its universe of 2.2 billion, you...
Pakistan to get faster, reliable internet as China backed submarine cable to start operations by end-2019
LAHORE: Pakistan internet backhaul is expected to receive a significant boost with the addition of an upcoming submarine cable called PEACE cable...
Bitcoin touches two-week highs
LONDON: Cryptocurrency prices jumped on Thursday, led by a surge in bitcoin to two-week highs, with people active in the market citing...
USAID launches ‘Challenge Fund’ to support local SMEs, entrepreneurs
ISLAMABAD: The United States Agency for International Development (USAID) has launched the Challenge Fund in order to support the growth of small...
China’s Ant Financial looks to raise $8 billion from investors
HONG KONG/SINGAPORE: China’s Ant Financial Services Group is in talks with investors to boost its fundraising target to at least $8 billion,...
ADB to provide loan for IT park in Karachi
ISLAMABAD: Asian Development Bank's (ADB) Country Director for Pakistan Xiaohong Yang on Tuesday informed the Minister of State for Information Technology (IT)...
Fake websites promoting online earning targeting the youth
ISLAMABAD: Tempting and seductive advertisements of significant online earning may be a trap by cyber-mafia to pickpocket vulnerable people, especially the youth.
Information...
Pakistan’s strengthening financial market attracts Chinese fintech giant
ISLAMABAD: As Pakistani market is attracting the attention of the Chinese entrepreneurs, a popular Chinese Fintech company, Webull, is all set to...
India’s central bank clamps down on cryptocurrencies
MUMBAI: India’s central bank barred banks on Friday from having any links to virtual currency dealers, slashing the prices of bitcoin and...
Cryptocurrencies banned in Pakistan
KARACHI: In a new development, the State Bank of Pakistan (SBP) has banned cryptocurrencies in the country.
The booming industry that has had...
Samsung Electronics projects record first quarter profit
SEOUL: Samsung Electronics Co Ltd tipped a surprise record first-quarter profit on Friday but market reaction was muted due to growing concerns...
Growth rate of IT, ITeS exports jumped 150pc in last five years: AnushaÂ
ISLAMABAD: Minister for Information Technology and Telecommunication Anusha Rehman Thursday said every possible effort was being made to enhance the growth of...
Telecom sector continues growth as mobile broadband users reach 51 mn
ISLAMABAD: Pakistan has seen a dramatic increase in the usage of mobile broadband as mobile broadband subscribers have reached a total of...
Spotify shares surge in record-setting direct listing
Shares of Spotify Technology ended up 12.9 per cent on their first day of trade on the New York Stock Exchange (NYSE),...