UK Tech Stumbles: Startup Funding Drops 19% in Q1 2024
The UK’s startup ecosystem has encountered a substantial blow as funding dwindled by a staggering 19% in the initial quarter of 2024. In a recent revelation, the UK’s startup ecosystem…
EU Reduces Reliance On Russian Energy, Sees Decline In Q2 Imports
European Union (EU) has continued to decrease its dependency on Russian energy supplies, as demonstrated by a decline in energy imports during the second quarter of 2023. In a significant…
Tesla’s Price War Impact On U.S. EV Startups’ Quarterly Results
The one exception appears to be RIVN.O, a company backed by Amazon, which is anticipated to report a three-fold increase in revenue to $983.1 million for the April–June quarter. Investors…
Pakistani Startup Funding Hits Three-Year Low In Q2 2023
Startups only attracted $5.2 million during the quarter, a decrease of 95% year over year and 77.5% quarter over quarter. In the three months from April to June, only eight…
European Startups Funding Drops 18% As US Investors Retreat
Early-stage funding performed the best of the three stages (though funding was still down 7%), while late-stage startups saw the worst funding pullback year over year. As American investors reduced…
African Startups’ Funding Fell By 57.2 % YoY In First Quarter 2023
Funding fell to $649.30m in the first quarter of 2023 as the industry struggled with a weak global economy. In the first quarter of 2023 compared to the same period…
Pakistan’s Startup Funding Increases 55% To $23.1 mln In 2023 First Quarter
Startups had attracted $172 million in the first quarter of 2022, but funding fell significantly (86%) from the same period the year before. When compared to the prior three months…
Malaysia Experiences 84mln Cyber Attacks Daily In 4Q 2022: Fortinet
FortiGuard Labs reports that Malaysia experienced 84 million cyberattacks daily on average during the fourth quarter of last year (4Q 2022). Global cybersecurity solutions provider Fortinet stated that throughout the…
China’s Economy Returns,To Growth Second Quarter To Recover From Pandemic
Gross domestic product expanded 3.2% in the three months to June from a year ago, reversing a 6.8% decline in the first quarter and beating the median forecast of 2.4%.…
Revealed quarter of all tweets about climate crisis produced by bots
The social media conversation over the climate crisis is being reshaped by an army of automated Twitter bots, with a new analysis finding that a quarter of all tweets about…
Telenor Pakistan announces financial results for second quarter of 2018
Telenor Pakistan, one of the country’s top telecom and digital services providers, today reported revenue of 28.066 billion for its 2nd fiscal quarter ending June, 2018. The latest financial results…
PTCL Razakaars undertakes philanthropic activities in 18 regions every quarter
PR: PTCL Razakaars, the company’s in-house volunteer force, has made significant inroads since its inception in June last year. The volunteer force is almost 600 employees who undertakes philanthropic activities…