Pakistani startup PostEx raises $1.5m for its fintech and logistics platform
PostEx, a Pakistani fintech and logistics startup, has announced that it has raised $1.5 million in seed funding from leading institutional investors. The startup said its initiative was aimed at solving challenges around cash on delivery with instant and upfront payments “by scaling its one-stop shop for financing and logistics solutions for e-commerce platforms”. The round was led by MSAread more
Google wants to use AI to time traffic lights more efficiently
Oct 6 (Reuters) – Alphabet Inc’s (GOOGL.O) Google cut fuel use and traffic delays by 10% to 20% at four locations in Israel by using artificial intelligence to optimize signal lights and it next plans to test the software in Rio de Janeiro, the company said on Wednesday. The early-phase research project is among new software initiatives inside Google to combat climateread more
Windows 11: Everything you need to know as Microsoft’s new OS starts rolling out today
Potentially. Even if your Windows 10 computer lacks some of the requirements for upgrading to Windows 11, you may still be able to manually download an unsupported version of the OS. The process would be similar to how many people could manually download Windows 10 free of charge. However, this version likely won’t be eligible for updates from Microsoft. Here are allread more
Technology
A Three-Day Work Week? One Startup Experiments to Draw Talent
A shortage of technology talent has Indian companies offering sweeteners like more vacation time and gender-neutral parental leave as they compete for graduates and professionals. One Bangalore startup is trying a more dramatic solution: a three-day work week. Fintech company Slice is offering new hires a three-day week with salary at 80% of the going market rate. This is aread more
MoU was signed by PIA and FOSPAH to provide a safer transportation environment for women
ISLAMABAD: The United Nations agency UN Women Pakistan, Pakistan International Airlines (PIA) and the Federal Ombudsperson for Protection Against Harassment (FOSPAH) on Sunday signed a Memorandum of Understanding (MoU) to promote the drive of safe mobility for women. The pact, signed at the Islamabad Airport, includes strengthening the collaboration and a pledge to prevent the harassment of women at public places,read more
Startup companies are a marketer’s missed opportunity
Economic depressions have a way of triggering an uptick in startup companies. Surprisingly, the transition creates new opportunities. Typically, recessions leave people unemployed; the combination of financial pressure and newfound idleness creates inspiration and innovation. Some people might have a stroke of luck in the form of early retirement or severance packages. These would help them pursue and finance their dreams.read more
The Rise Of Pakistani Tech
On a Wednesday night, thousands show up to attend an online event titled ‘Pakistani Start-ups: The Next Big Thing’. Before the conference begins, the timer ticks on screen and dramatic music plays in the background. The comments section is already brimming with excitement. “Hello from Rawalpindi,” one comment reads. “Hello from Los Angeles,” says another. And in a sea of hellos fromread more
Electric scooter startup Gogoro is going public
Gogoro is the latest EV company to jump on the trend of going public by merging with a special purpose acquisition company, or SPAC. The Taiwanese e-scooter and battery-swapping tech startup announced Thursday that it will combine with a SPAC called Poema Global Holdings, which is listed on the Nasdaq stock exchange. The deal — which is expected to close inread more
Apple subsidiary Claris announces new partnership to improve tech diversity
Apple subsidiary Claris has announced a new entrepreneur training program today, in partnership with EonXI. The goal of the new partnership is to improve tech diversity through new low code initiatives. In a press release, Claris announced this new initiative with Venture Fund and Startup Studio, EonXI, to combine the “power of low-code software development, business training, mentorship, and communityread more
WhatsApp will stop working on 43 smartphone models in November. Is yours on the list?
Over the last few months, WhatsApp has been rolling out an array of new features, such as Joinable Calls, disappearing messages and stickers. Come November 1, however, the social media app will not be available to a large number of old smartphone models — specifically, those with an operating system equal or lower than iOS 9 for iPhone and equal or lessread more