China’s e-commerce giant, Alibaba Group, has entered the Pakistani retail market by fully acquiring Daraz, an online retail subsidiary of Germany-based Rocket Internet. The announcement was made through separate press statements released by both companies on Tuesday. “With the acquisition, Daraz will …Continue reading
Chinese Electric Car Leaves Global Competitors in the Dust
China’s electric vehicle startup Nio has launched its first mass-produced vehicle, leaving major foreign automakers such as Tesla scrambling to keep up. The ES8, priced 448,000 Chinese yuan ($67,765), was launched over the weekend. It is half the price of Tesla’s Model …Continue reading
MakerFest 2017 Concludes
MakerFest ‘17, a festival for the promotion of technology, creativity, innovation and invention, was held on Saturday at Arfa Software Technology Park. The event was organized by Information Technology University (ITU) in collaboration with PlanX and DIY Geeks. This is the first …Continue reading
Apple Introduces iPhone X
Apple has unveiled iPhone X, the 10th anniversary iPhone. The latest iPhone was presented during the keynote address at Apple Park’s Steve Jobs Theatre in California. The company also showcased the iPhone 8 and iPhone 8 Plus, as well as an upgraded …Continue reading
Researchers Develop Battery-Free Cell Phone
The battery lives of mobile phones have become a regular feature and to a certain extent, a constraining factor on our lives. A regular on-the-go activity is calculating whether we have enough power to last us through the day- at work, at …Continue reading
Edu-Aid Application Makes Sign Language Accessible
A 23-year old Pakistani entrepreneur has developed an application for people with hearing disabilities. The application, known as Edu-Aid, translates sign language into spoken language. The software of the application developed by Syed Faizan Hussain makes use of computer vision, natural language …Continue reading
10 Years Ago, Apple Revolutionized the Smartphone Industry
“Every once in a while, a revolutionary product comes along that changes everything,” said Steve Jobs during his keynote at the Macworld Expo 2007. True to his words, he stood on the stage and announced the launch of a new smartphone that …Continue reading
CreditFix – Approving Borrowers That Other Lenders Have Missed
The World Bank states that approximately 100 million adults in Pakistan don’t have access to formal and regulated financial services. This means that more than 50 per cent of Pakistanis don’t have access to formal credit because they can’t be profiled through …Continue reading
IT-Specific Announcements in the Federal Budget
“In the future, the gap between industrialized and non-industrial economies will become less pronounced than the one between Information Technology-enabled economies and the rest,” said Finance Minister Ishaq Dar in his speech on the Federal Budget. The Federal Budget for 2017-2018 was …Continue reading
Virtual Reality and Augmented Reality Reigns Supreme During Google I/O
Day 2 and Day 3 of Google’s annual developer conference delved deeper into its virtual reality (VR) and augmented reality (AR) initiatives. Google showcased Seurat Technology which allows users to take high-end, film-quality 3D scenes and turn them into a format that …Continue reading