SBP-held Forex Reserves Up $280 Million; Now Stands at $4.6 Billion
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $280 million, to $4.6 billion as of the week ended...
Pakistan-based Logistics Startup Trax Raises $3.7 Million in Seed Funding
Trax, a Pakistani delivery startup, raised $3.7 million in seed funding, the round was led by US-based Amaana Capital and Tricap Investments of the...
ChatGPT to Access Internet With New OpenAI Plugins
OpenAI has launched the plugin support for ChatGPT that will enable the AI chatbot to have access to third-party databases and knowledge sources including...
TikTok Accused of Misusing Citizen Lab’s Research
TikTok CEO Shou Chew was questioned by lawmakers over the relationship between TikTok and its Chinese parent company, ByteDance. Chew’s pre-written statement reads; “There...
Elon Musk’s Starlink Satellite Broadband is Now Officially Registered in Pakistan
After months of consultations, the Elon musk-owned satellite broadband provider Starlink is officially registered with the Securities and Exchange Commission of Pakistan (SECP). As...
Accenture to Cut 19,000 Jobs Worldwide
Accenture, a software services behemoth has announced to cut 19,000 jobs and also lowered its annual revenue and profit projections. With around 40% of...
