Technology

ISLAMABAD: The wireless and internet service providers have said that the proposed revisions in their licensing regime by the Pakistan Telecommunication Authority (PTA) will lead to mismanagement and distortions in the industry. The Wireless & Internet Service Providers Association of Pakistan (Wispas) has expressed concerns that the new proposed licensing template for Data Class Value Added Services (CVAS) will foster …

PAKISTAN’S ailing economy is undergoing a process of revival. The economic wizards have placed a lot of bets on IT in the hope that the enormous potential of this sector can help alleviate our economic woes. There have been claims by former federal IT ministers that Pakistan’s IT exports would reach between $10 billion to $20bn from the existing mark …

BEIJING: Chinese consumer tech giant Xiaomi launched its first electric vehicle in Beijing on Thursday, injecting itself into a fiercely competitive sector in the world’s largest car market. China’s EV sector has grown rapidly in recent years — propelled by purchasing subsidies that were discontinued in late 2022 — and dozens of domestic automakers are engaged in a stiff price war to …

NEW YORK: Disgraced cryptocurrency wunderkind Sam Bankman-Fried was sentenced to 25 years in jail on Thursday following his conviction in one of the biggest financial fraud cases in history. US prosecutors were seeking a prison term of 40-50 years after a New York jury found Bankman-Fried, known by his initials SBF, guilty in November following a five-week trial that probed …

Visa and Mastercard reached an estimated $30 billion settlement to limit credit and debit card fees for merchants, with some savings likely to be passed on to consumers through lower prices. The antitrust settlement announced on Tuesday is one of the largest in U.S. history, and if it receives court approval would resolve most claims in nationwide litigation that began …

NOLAND Arbaugh, 29, was a student and athlete at the Texas A&M University when he was paralysed during a diving accident eight years ago. Arbaugh had at the time been working at a children’s summer camp. Since being paralysed he has not been able to do many of the things he used to do. He has no sensation of anything …

ISLAMABAD: Meta — the parent company of Facebook, Instagram and WhatsApp — has been asked to lift a ban on the use of the Arabic word shaheed (meaning martyr) on its platforms, though the restrictions on describing “terrorists” as such will continue. Meta’s Oversight Board, which is funded by Meta but operates independently, said in its advisory opinion that the policy to …

San Francisco: A US judge on Monday dismissed X Corp’s lawsuit against a nonprofit group that has criticised a rise in hate speech on the social media platform once known as Twitter since Elon Musk took it over. US District Judge Charles Breyer in San Francisco granted the dismissal request by the Centre for Countering Digital Hate, saying it appeared …

BRUSSELS: The European Union on Monday hit Apple, Google parent Alphabet and Meta with the first-ever probes under a mammoth digital law, which could lead to big fines against the US giants. Among six firms named as market “gatekeepers” under the EU’s landmark Digital Markets Act — along with Amazon, TikTok owner ByteDance and Microsoft — the companies have been …

The United States, Britain and New Zealand have accused Beijing-backed cyber groups of being behind a series of attacks against lawmakers and key democratic institutions — allegations that were denied by China. In rare and detailed public accusations against China — Washington, London and Wellington described a series of cyber breaches over the last decade or more, in what appeared …