Months is important for the Muslim holy month of Ramadan, the month of worship and everyone wants to earn good and prays Post! God blessed me luck moments of this month, but on the other hand it makes them suffer in the month of concern to many white folders like me. But that only providers who alone is our belief, but still have things to show us. If I count the amount of people who were bound to be in the slightest concern over the arrival of…Continue
Added by Farrukh nawaz on May 25, 2017 at 10:52am — No Comments
Afiniti and Careem are two technology unicorns engineered in Pakistan by Pakistanis. AI (artificial intelligence) startup Afiniti software has largely been engineered in Lahore while taxi hailing service Careem's technology has mostly been developed in Karachi. Here's more about these unicorns:
Careem is a taxi hailing app that is giving its American competitor Uber a…Continue
Added by Riaz Haq on May 23, 2017 at 6:27pm — No Comments
An unrelenting campaign of fear, uncertainty and doubt (FUD) about China-Pakistan Economic Corridor (CPEC) has been unleashed in the media in recent weeks. This strategy harkens back to the aggressive marketing techniques used by the American computer giant IBM in the 1970s to fight competition.
Fear, Uncertainty and Doubt (FUD):
A definition of FUD that captures its…Continue
Rising buying power of rapidly expanding middle class in Pakistan drove the nation's media advertising revenue up 14% to a record Rs. 76.2 billion ($727 million) in FY 2015-16. Half of this ad spending (Rs. 38 billion or $362 million) went to television channels while the rest was divided among print, outdoor, radio and digital media.…Continue
China has emerged at the top destination for Pakistani students studying abroad with 19,000 of them in China this year. This figure is more than 3 times the 6,141 Pakistani students currently enrolled in the US universities, according to data available from reliable sources.…Continue
Added by Riaz Haq on May 6, 2017 at 10:30pm — No Comments
Pakistan Cricket Board (PCB) spends about $43 million on national and international cricket every year, according to media reports. It receives about $16.5 million a year share from the International Cricket Council (ICC) as part of the new revenue sharing model while the rest comes from Pakistan Super…Continue
Cisco is paying $610 million to acquire Viptela, a software-defined-networks (SDN) start-up in Silicon Valley that was co-founded in 2012 by Pakistani-American entrepreneurs Amir Khan, Atif Khan and Khalid Raza.
Software defined network (SDN) technology allows network managers to configure, manage, secure, and optimize network…Continue
Added by Riaz Haq on May 1, 2017 at 9:30pm — No Comments
Open Forum 2017, the annual conference of Pakistani entrepreneurs in Silicon Valley, drew over 1,000 attendees, about half of them women. It featured presentations by successful entrepreneurs including Ahmad Khaishgi of SquareTrade and Mudassir Sheikha of Careem as well as sessions by powerful venture capitalists like Aaref Hilaly of Sequoia Capital. It is organized by the Organization of…Continue
Added by Riaz Haq on April 30, 2017 at 9:00pm — No Comments
Pakistani diaspora bucked the 2016 global decline in remittances with a modest 2.8% increase over 2015, according to a recently released World Bank report. An estimated $19.8 billion remitted to Pakistan amounted to 6.9% of the country's GDP. This is a welcome relief coming on the heels of the State Bank of…Continue
Bollywood movie revenue suffered 12% drop in 2016 to $338 million, the sharpest decline ever, according to Reuters news agency. Meanwhile, the global movie revenue rose just 1% to a record $38.6 billion last year, according to a report by Motion Pictures Association of America.…Continue
Why was Mashaal Khan, an Abdul Wali Khan University student, killed by a mob of his fellow students in Mardan? What does this lynching incident say about Pakistani state and society? Is it a failure of the state? Or is it a symptom of a larger societal problem in the country? Do extreme right-wing politicians, media, judges and bureaucrats share responsibility for this ongoing madness of vigilante justice…Continue
Washington D.C. based AI technology firm Afiniti, founded by serial Pakistani-American entrepreneur Zia Chishti, has filed for initial public offering (IPO) at $1.6 billion valuation, according to VentureBeat.
Zia Chishti founded his first company Align Technology in 1997 in …Continue
Malala Yousufzai, the Pakistani schoolgirl who was shot by the Taliban in 2012 and survived to tell her story, has become a household name in the West. She and her family have found a new home in Birmingham, England.
She has been honored with some of the highest international awards including the Nobel Peace Prize in 2014. Last week, Malala was named the youngest ever UN Messenger of Peace, with a special focus on girls'…Continue
Pakistan's KSE-100 continues to offer attractive valuations for investors in 2017. Its equities are trading at a forward price-earnings ratio of just 9.1, according to Pakistani brokerage firm Arif Habib Limited.
Pakistani shares are on offer at a deep discount to the Indian shares trading at 17.3 price-earnings multiple. While India's stock market is among the world's most expensive, the Pakistani…Continue
A 3-person team of Pakistani students, including a female student from Islamabad's National University of Science and Technology (NUST), won first place in a contest organized by Stanford Center of Longevity. The team's entry is a device they designed and prototyped that enables tremor patients to perform daily routine tasks.
The purpose of the contest is to encourage innovation to help improve the quality of life of aging populations in the…Continue