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Pakistan and China Strengthen Collaboration in Technology Sector through LOI Signing between STZA and SEDA

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A Letter of Intent (LOI) was signed between the Special Technology Zones Authority (STZA) of Pakistan and the Shenyang Economic and Technological Development Area...

Ibex Pakistan Announces Construction of New 500-Seat Facility in Karachi for Expanding BPO Services

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Ibex Pakistan, a subsidiary of TRG (The Resource Group), has announced it will construct a new, state-of-the-art 500-seat facility in Karachi in order to...

Austrian Spy Firm’s Defense: Hacking Tool Intended for EU States, Claims Microsoft Accusations

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Microsoft has identified malicious software created by Austrian firm DSIRF on the computer systems of some of its clients in at least three countries....

Record High: Pakistan’s IT Exports Soar to $2.6 Billion in FY22, Government Aims for $15 Billion in the Coming Years

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In the fiscal year 2021–2022 (FY22), exports of information technology (IT), which include telecommunication, computer, and information services, reached an all-time high of $2.616...

Shopify Reduces Workforce As Tech Companies Make Cuts

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On Tuesday, Canadian e-commerce company Shopify let go of nearly 10% of its workforce as the pandemic-driven surge in online sales began to slow. The...

Shopify Makes Job Cuts With Decreasing Online Sales

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Tuesday saw over 10% of the staff at Canadian e-commerce startup Shopify being laid off as the pandemic-related boom in online sales started to...

Shopify Cuts Over 10% of Staff as Online Sales Boom Slows

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Tuesday saw over 10% of the staff at Canadian e-commerce startup Shopify being laid off as the pandemic-related boom in online sales started to...

Standard Chartered Faces Scrutiny Over Alleged Security Flaw

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Standard Chartered Bank is under fire after several customers reported unauthorized debit card transactions, raising concerns about a potential security flaw. These transactions, reportedly...

Jazz Hints at Tough Business Decisions to Mitigate Economic Challenges

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  Aamir Ibrahim, the Chief Executive Officer (CEO) of Jazz, hinted at implementing strict measures owing to the nation's current economic crisis in a statement...

Uber Steps Up In Major Hack Leaving 57mn Drivers & Riders Vulnerable

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Uber Technologies Inc. has acknowledged that more than 57 million drivers and riders were the subject of a cyberattack in 2016. The ride-hailing company...

Jazz Teases Difficult Business Choices to Combat Economic Challenges

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Due to the country's present economic crisis, Jazz's Chief Executive Officer (CEO) hinted at enacting tough measures in a letter to the staff of...

Uber Responds To Major Hack, Exposing 57 Million Drivers & Riders To Risk

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Uber Technologies Inc. has revealed that a hack in 2016 affected more than 57 million drivers and passengers. In order to avoid punishment, the...
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