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Nokia pulls out of OZO VR hardware, lays off 310, steps up in health and patents

Nokia, the once-mighty phone maker that eventually retreated to a business based around networking equipment and targeted verticals like health and imaging, is thinking its business strategy once again. Today, the company announced that it would cease building its pricey OZO virtual reality cameras after finding that the VR market was developing “slower-than-expected”....

The Most Selling Cars for August 2017

Pakistan Automotive Manufacturers Association (PAMA) has assembled a list for sales of different cars in Pakistan.As a Pakistani, it’s not difficult to guess which cars are in most demand as there are only a few preferred car models on the roads.Here are the top 5 purchased vehicles ranked according to their total sales figures by August this...

SoftTech’s McLoughlin and Pipedrive’s Rein join TechCrunch Disrupt Berlin

TechCrunch Disrupt Berlin, our premier European event is fast approaching this December. And that means some of the top players from Silicon Valley will be coming over. In this context, we are always interested in the experiences of European entrepreneurs who have made it in the SF and the Valley. So we’re delighted to...

Haris Sohail Breaks 140 Year Old Test Match Record

The 4th day of the second Test match between Pakistan and Sri Lanka ended with Pakistan requiring 119 runs to win the game and only 5 wickets in hand. However, the best moment of the day came from Haris Sohail, the Pakistani all-rounder.Haris took the bowl to achieve a unique feat as Sri Lanka were struggling at...

Pakistani Wins Quilly Award for Best-Selling Book

Nauman Khan Azeemi is an entrepreneur, best selling author, certified success coach and leadership trainer. He made history as the first Pakistani-American to receive the prestigious Quilly Award, bestowed by the National Academy of Best-Selling Authors. He is based in Chicago, USA.Nauman Khan Azeemi was presented this award in recognition to his contribution in “Mastering the Art...

SBP Issues Guidelines for Green Banking in Pakistan

Commercial banks and DFIs are encouraged to set up ‘green branches and offices’ with 50% or more of their energy needs from renewable energy sources (like installation of photovoltaic solar panels), including the use energy efficient lights and equipment along with utilization of technologies for efficient use of water and other resources.The green branches/offices are designed to...

Who are the 15 Startup Battlefield Africa Companies?

On Wednesday, October 11 at 9:00 AM EAT in Nairobi, Kenya, the first Startup Battlefield Africa kicks off and is available for viewing with this livestream. TechCrunch is honored to host this event and here’s the startups presenting at the event. Startup Battlefield Africa Companies: Session 1 – Productivity and Utility at  9:35 AM:  WeCashUp, Form+,...

Verve scores $18.5M to reward you for selling tickets to friends

Verve, the U.K, startup formerly known as StreetTeam that offers a sales platform to enable brands to easily run advocacy programs, has picked up $18.5 million is Series B funding. The round is being led by publicly-listed VC Draper Esprit, with participation from previous investors Kindred, Frontline Ventures, and Backed. Focussing initially on tickets...

Current Account Deficit Threatens Pakistan’s Macroeconomic Indicators: WB

Macroeconomic risks in Pakistan have increased substantially during the current fiscal year 2017. Political uncertainty and upcoming elections have made it particularly vulnerable given the persistent current account deficit affecting the country’s payback position.World Bank issued a report, The South Asia Economic Focus Fall 2017, this report discuss the issues faced by South Asian countries. The report...

Pakistan Doubled its IT Exports in Four Years: Anusha

Pakistan has doubled its IT growth in last four years, claimed Anusha Rehman, Minister for IT and Telecom during a board meeting of Pakistan Software Export Board (PSEB) in Islamabad.The meeting was convened to review the progress on different IT initiatives being carried out by PSEB including Prime Minister’s Internship Program and Capability Maturity Model Integration (CMMI).The Minister...