This Week In E-Commerce

Easypaisa Introduces Groundbreaking “Audio Nikahnama” to Empower Women in Pakistan

In a landmark move, easypaisa, Pakistan’s leading digital financial services platform, has introduced the “easypaisa Audio Nikahnama,” a pioneering initiative designed to grant women unprecedented access to their crucial matrimonial rights. READ MORE >>>

Elon Musk’s xAI Aims for $6 Billion Funding to Compete with OpenAI

In a recent report by the Financial Times, Elon Musk’s xAI is actively in talks to secure a substantial $6 billion from a global consortium of investors, including notable family offices in Hong Kong. This move signifies xAI’s ambition to establish itself as a major competitor alongside industry giants like Microsoft and OpenAI. READ MORE>>>

Over 25,000 Job Losses Hit the Tech Industry in 2024 with Bleak Prospects Ahead

In a distressing turn of events, the tech industry faced a grim start to 2024 as reports indicate that over 25,000 employees have been laid off by nearly 100 prominent tech companies, including giants like Meta, Amazon, Microsoft, Google, TikTok, and Salesforce.?READ MORE>>>

Government Halts Mobile Services During Election Day

The Government of Pakistan temporarily suspended mobile phone services across the country ahead of a General Election, citing an increase in militant violence. The Ministry of Interior explained that the move was necessary to maintain law and order following recent terrorism incidents that resulted in loss of lives. Service disruptions were reported in major cities, with the outage notably affecting Zong, the country’s second-largest operator. READ MORE>>>

?Federal IT Minister Unveils Bridge Start Initiative to Provide Funding for Pakistani Startups

Federal Minister of IT and Telecom, Umar Saif, has introduced a promising initiative named BridgeStart, aiming to support Pakistani startups with aspirations for global recognition. This program is set to fund 100 startups annually, providing them with the opportunity to be incubated or accelerated in any of the top 40 incubators/accelerators worldwide. READ MORE>>>

Government Establishing Emergency Response Teams to Safeguard Pakistan’s Cyberspace

The Pakistani government has taken a step to enhance cybersecurity by establishing National Computer Emergency Response Teams (NCERT) dedicated to monitoring and safeguarding the country’s cyberspace 24/7. The Ministry of Information and Technology’s proposal for the formation of NCERT, in accordance with the Prevention of Electronic Crimes 2016 and CERT rules 2023, is set to be discussed by the Federal Cabinet.? READ MORE>>>