Home Blog

Xiaomi 12 Series Redefines Flagship Category

0

Xiaomi today announced the launch of the all-new flagship Xiaomi 12 Series for local markets, featuring two groundbreaking devices: Xiaomi 12 Pro and Xiaomi 12. Designed to empower users around the world with a cutting-edge videography studio and entertainment powerhouse, Xiaomi 12 Series delivers impressive advancements in Xiaomi’s AI algorithm, flagship processing power, and an all-round elevated experience. 

Capture cinematic shots at any time 

Xiaomi 12 Series enables users to record studio-quality shots no matter the scenario, be it challenging lighting conditions or moving objects. Both phones boast a pro-grade triple camera array for versatile shooting, starring a massive 50MP main wide angle camera, with 8K recording capabilities on both Xiaomi 12 Pro and Xiaomi 12.  Xiaomi 12 Pro stands out with its state-of-the-art triple 50MP array, which features a cutting-edge Sony IMX707 ultra-large main sensor. This sensor is capable of catching large amounts of light and empowers advanced imaging capabilities with faster focus speeds and increased color accuracy. Xiaomi 12 features a 13MP ultra-wide angle camera, along with a 5MP tele macro camera, for filming life from different perspectives.  

Beyond impressive hardware, Xiaomi 12 Pro and Xiaomi 12 also advance Xiaomi’s proprietary AI algorithms. These innovations make it easier than ever for users to record every moment the way they want to, even in low-light or moving subjects. Xiaomi ProFocus intelligently identifies and tracks objects, preventing blurring or out-of-focus shots of moving or veiled subjects. These advancements also include eye and face auto focus capabilities. Ultra Night Video uses Xiaomi’s proprietary algorithms to record video even under extreme low-light, meaning moody, atmospheric shots are clearer than ever.  

Available on both devices, One-click AI Cinema offers numerous creative options for show-stopping video editing, such as Parallel World, Freeze Frame Video, and Magic Zoom modes. 

Flagship processing, unprecedented performance and power-efficiency  

Flagship experience requires flagship performance. Xiaomi 12 Series features advanced Qualcomm® Snapdragon™ mobile platforms. Xiaomi 12 Pro and Xiaomi 12 boast a Snapdragon® 8 Gen 1 processor – Qualcomm’s most advanced mobile platform. Built on a 4nm process, this processor also boosts GPU graphic rendering capabilities by 30% and energy efficiency by 25% when compared to the previous generation. Both three devices come with UFS 3.1 exceptional loading and data transfer speeds, along with LPDDR5 RAM for memory speeds up to 6,400Mbps. For optimal product experience, Xiaomi 12 Series packs a high-performing cooling system, bolstered by a super-large vapor chamber and multiple layers of graphite to offer a leadingcooling capability. 

All-around elevated entertainment experiences 

Xiaomi 12 Series not only lets users capture every moment in exquisite detail, but also allows them to relive those moments in astonishing detail via an exceptional entertainment experience.  Both devices offer vivid viewing on an AMOLED Dot Display rated A+ by DisplayMate, and with TrueColor support. For added peace of mind, the display features scratch-resistant Corning® Gorilla® Glass Victus®, and supports Dolby Vision®, industry’s leading imaging technology that brings your content to life with vibrant color and details. Xiaomi 12 Series also supports HDR 10+. Xiaomi 12 Pro is SGS Eye Care Display Certified, showing care for users’ long-term visual health during marathon sessions.  

Meanwhile, Xiaomi 12 Pro redefines flagship display with incredibly smooth viewing, scrolling, swiping, and sliding. The device’s highly power-efficient 6.73-inch WQHD+ display leverages AdaptiveSync Pro to intelligently adjust dynamic LTPO display between 1Hz and 120Hz based on content. 

Xiaomi 12 delivers Xiaomi’s most colorful smartphone display to date, with more than 68 billion colors on 6.28-inch full-HD+ displays. Both feature 120Hz AdaptiveSync, for an impressively high-definition, vibrant, and flicker-free display that conveys every detail.  

 No cinematic experience is truly complete without pro-grade audio. Xiaomi 12 Series features SOUND BY Harman Kardon, and creates an immersive audio experience powered by Dolby Atmos®, delivering spatial sound with rich detail, clarity, and realism across all your favorite entertainment. Xiaomi 12 Pro’s quad speakers – in the form of two tweeters and two woofers – deliver clear details and cover an astounding range of sound. Xiaomi 12 delivers balanced stereo sound ideal for immersive gaming or video.  To optimize core user experience further, Xiaomi 12 Series incorporates MIUI 13, released globally earlier this year. The update includes faster storage, higher background process efficiency, smarter processing, and longer battery life. New features in the upgraded experience include Xiaomi’s proprietary Liquid Storage, Atomized Memory, Focused Algorithms, and Smart Balance. 

Next-generation charging 

Xiaomi 12 Series delivers pro-grade cinematic and entertainment experiences all day, the devices deliver next-level charging speed and safety.  

 Xiaomi 12 Pro features an incredibly fast 120W Xiaomi HyperCharge. With a 4,600mAh battery fully charged in just 18 minutes using Boost mode, Xiaomi 12 Pro delivers next-generation charging capabilities that keep up with user demands.  Xiaomi 12 fits a 4,500mAh battery into compact body designs. Xiaomi 12 Pro and Xiaomi 12 also support 50W wireless charging and 10W reverse charging.  Both leverage Xiaomi AdaptiveCharge, a smart charging algorithm that learns and adapts to charging habits, which prolongs battery life. 

Flagship capabilities packaged in an iconic design  

These portable pocket-sized studios fit comfortably in the palm of your hand thanks to Xiaomi 12 Series’ iconic and user-centered design. Slimmer high-capacity batteries and a narrower ridge gap save precious space within the device. Xiaomi 12 Pro’s 6.73-inch display is encased in a sleek middle frame with sophisticated 3D curves. Meanwhile, Xiaomi 12’s 6.28-inch display measures just 69.9mm in width and is accented by smooth curves for a perfect fit. Both devices are available in Gray, Purple, and Blue. 

Market Availability   

Xiaomi 12 Pro comes in one variant 12GB+256GB, and recommended retail price starts from PKR 208,999/-.

Xiaomi 12 comes in one variant, 12GB+256GB, and recommended retail price starts from PKR 179,999/-.

Purchase these devices and get a sweet bundle deal where you get a Mi Band 6 and a bag with the Xiaomi 12. Similarly with the Xiaomi 12 Pro, get a Mi Portable Bluetooth Speaker and a 10000mAh Mi Power Bank 3.  Available at top distributor partners such as Phonezo, Airlink, Smartlink etc. For those looking to purchase these online, we’ve news for you  too as these are also available on MiStore and Daraz. 

Quick Specs:

 Xiaomi 12Xiaomi 12 Pro
Display120Hz +  AMOLED DotDisplay120Hz 6.73” AMOLED Dot Display 
Rear Camera50MP main camera 13MP ultra-wide camera 2MP macro camera 5MP depth camera50MP wide angle, ultra-wide and tele macro camera
Front Camera32MP32MP in-display selfie camera
Dimension & Weight152.70mm x 69.90mm x 8.16mm – 180g163.60mm x 74.60mm x 8.16mm 205g
ProcessorSnapdragon ® 8 Gen 1Snapdragon ®r 8 Gen 1
Charging4500mAH – 67W charge4600mAH – 120W charge
Variant12GB + 256GB12GB + 256GB
Color AvailableGray, Purple & BlueGray, Purple & Blue

About Xiaomi Corporation  

Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.  

Embracing our vision of “Make friends with users and be the coolest company in the users’ hearts”, Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.  

Xiaomi is one of the world’s leading smartphone companies. The company’s market share in terms of smartphone shipments ranked no. 3 globally in the third quarter of 2021. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, more than 400 million smart devices connected to its platform as of September 30, 2021, excluding smartphones and laptops. Xiaomi products are present in more than 100 countries and regions around the world. In August 2021, the company made the Fortune Global 500 list for the third time, ranking 338th, up 84 places compared to 2020.  

Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index. 

To Get yours click here

TECNO to launch its new Spark phone in Pakistan soon

0

TECNO to launch its new Spark phone in Pakistan soon

After massive success in the Pakistani Mobile market, TECNO is rumored to be preparing for a new addition to its Spark series. The globally eminent smartphone brand TECNO has been working tirelessly in Pakistan for quite some time now. The brand has brought forward some great phones over the years with advanced technologies, pocket-friendly prices, and stylish designs. 

Spark is TECNO’s famous mid-range series, bringing you quality devices at lower prices. Spark 8C is an entry mobile that is expected to be around PKR 19,499 to PKR 22,999. The price is not confirmed yet but we are expecting it around this segment. The phone is going to be a stunner in this range with Stylish Design and great Battery.

According to sources, Spark 8C will be equipped with better memory and memory fusion features than any other phone in this range. Memory Fusion Technology is specially designed to channel RAM operations by using unused read-only memory (ROM). This means it can expand the memory of 4+128GB to 7+128GB and that of 3+64GB into 6+64GB maximum. The RAM can be updated or expanded from 3GB to 6GB and 4GB to 7GB depending on the variant. If this is true, then Spark 8C shall be the only smartphone to provide such an amazing feature with 128GB in such an affordable price range.

Moreover, the phone is anticipated to provide efficient performance with a powerful processor and big battery. The 90Hz refresh rate, great display, and handy body design will make it a user-friendly device. The phone is expected to launch somewhere in mid-March 2022. Furthermore, the phone is being assembled in Pakistan to make it economical and pocket-friendly for the local consumers. 

So, fingers crossed for this new Spark device to be soon launched in Pakistan. Stay tuned for more updates and much more about tech!

Jazz appoints Atyab Tahir as CEO JazzCash

0

Jazz appoints Atyab Tahir as CEO JazzCash

Jazz, Pakistan’s leading digital operator (part of VEON Group NASDAQ: VEON, Euronext Amsterdam: VEON), announces the appointment of Atyab Tahir as the CEO of JazzCash effective May 1 2022.

Atyab, currently serving as Country Manager MasterCard Pakistan & Afghanistan, has over two decades of international experience in banking and consulting. Atyab has also held senior positions at Fidelity Investments, HBL, Telenor Bank and easypaisa. He holds a BA from Dartmouth College and an MBA from Babson College.

Commenting on Atyab’s appointment Aamir Ibrahim, CEO, Jazz  said: “While mobile phones and payment solutions have accelerated financial inclusion in the country, a significant portion of Pakistan’s adult population remain unbanked. I am confident that under Atyab’s dynamic leadership JazzCash will help boost financial inclusion across the board through innovative and customer-centric products.”

JazzCash is at the forefront of Pakistan’s digital revolution processing more than 5 million transactions every day and accounting for almost 7% of Pakistan’s GDP. Our aim is to build a world-class fintech serving every single Pakistani, from youth, SMEs, freelancers, with a very strong focus on the unbanked and the underbanked. I look forward to joining the Jazz family and collaborating with our partners in the telecommunications and financial services sector to unlock the true potential of Digital Pakistan.” said Atyab.

A division of Jazz, JazzCash has grown rapidly to become a leader in the country’s marketplace for digital financial services. As shown in VEON Group’s FY21 results that were released on 28 February 2022, JazzCash has 15.2 million monthly active users (+24.9% YoY) and 130,800 monthly active merchants (up by 2.3 times YoY). 

Jazz appoints Atyab Tahir as CEO JazzCash.

vivo V23 5G — The Best in Camera, Technology, Performance and Appearance

0

Due to the constant development in the technology space for smartphones, there is always hype surrounding any new ‘firsts’ in the market. There is always excitement as to what will be introduced and how well it will be accepted by the audience. 

Keeping this in mind, Vivo’s latest smartphone vivo V23 5G finds itself in a similar situation. The day it was announced, it received a lot of attention for its color-changing design. The design itself represents a significant advancement in smartphone research and design. Making smartphones not only technologically superior but also cosmetically superior is a step forward.

The continual excitement and experience since the smartphone’s launch has not only solidified its market position but also demonstrated that it is a well-balanced phone that isn’t only focused on aesthetics.

Delving more into the device, the vivo V23 5G dons a high-resolution 50MP AF Portrait Selfie camera on the front. This device focuses heavily on the selfie experience which makes it stand out in the market. The latest ISOCELL 3.0 technology helps the camera increase light sensitivity to capture a more crystal-clear picture for the user. Furthermore, the Eye Autofocus feature enables the users to be the center of attention while clicking the picture as the camera focuses on the user, even if they are in motion. 

The dual front camera system offers a much larger field of view with the help of its 8MP Super Wide-Angle Camera. Furthermore, with modes like the AI Extreme Night Portrait mode, the front camera delivers an unparalleled experience in this price range. The phone also sports a 64 MP main rear camera with an 8MP wide-angle lens and a 2MP Macro that can handle wide natural landscapes very easily. The user experience is further increased with features like the Super Night Mode, Bokeh Flare Portrait, and Ultra Stabilization. It is only right to say that both, the front camera and the rear camera together offer a device that is picture-perfect. 

When it comes to the visual and performance aspects of this phone, there’s no doubt that it’s the best of what vivo has to offer. vivo has always been on the cutting edge of device design and aesthetics. It’s also fair to say that Vivo takes pride in its technological advancements and innovations. Every device that vivo introduces exemplifies this completion.

V23 5G brings out the result of Vivo’s extensive research which is the Color Changing Fluorite AG Design. This material changes its color upon exposure to ultraviolet light and after about 30 seconds under the sun. This switch goes back to normal once the phone is out of sun exposure. Talking more about the appearance of the device, it is the combination of the Metal Flat Frame Design and the Color Changing Fluorite AG Design that gives the device the aesthetic appeal that has been the talk in the industry for a while now. 

All these powerful features that the phone flaunts are powered by the powerful MediaTek Dimensity 920 processor. This processor offers powerful performance and a fast user experience. The Extended RAM 2.0 further enhances the user experience with its versatile features to expand RAM when required. The 90Hz refresh rate display, a Liquid Cooling System, and Ultra Game Mode make it possible for users to enjoy super smooth gameplay performance. This experience is mutually assisted by the 4200mAh battery that features a 44W FlashCharge that helps in interrupted experience and performance. 

To summarise it all, the vivo V23 5G is a proud and well-balanced device that fulfills the requirements of every smartphone enthusiast whether it is for work, casual, or professional usage.

 

Tech Giant XIAOMI launches anticipated Redmi Note 11 Pro – Packing major upgraded to hardwares & software!

0

Xiaomi announced the Redmi Note 11 Pro for Pakistani markets, pushing forward the legacy of the Redmi Note series with two all-new devices: Redmi Note 11 Pro and Redmi Note 11. Rising to the challenge to bring even stronger specs and features, Redmi Note 11 series packs powerful upgrades to its camera system, charging speed, display, and SoC—making flagship-level smartphone performance more accessible than before. All this available in a bundle deal, with Redmi Buds 3 completely free.

Flagship-level 108MP quad camera to deliver outstanding photography

Boasting a rear quad camera setup, Redmi Note 11 Pro delivers an outstanding photography experience with zero compromise. Its 108MP main camera captures stunning images in high-resolution and vivid colors; an 8MP ultra-wide angle camera extends your perspective with a 118-degree viewing angle; a 2MP macro camera that captures fine details up close and a 2MP depth sensor that’s for capturing more natural looking portrait shots. Accenting the front of the phone is a 16MP front camera that can capture clearer and natural-looking selfies. The 108MP pro-grade main camera utilizes the Samsung HM2 sensor with a large sensor size at 1/1.52 inch, and supports 9-in-1 pixel binning technology as well as a dual native ISO to deliver incredible images in all lighting conditions, with spectacular results especially in dim light.

120Hz FHD+ AMOLED DotDisplay packed into trendy flat-edge body

Featuring a large 6.67′ FHD+ AMOLED DotDisplay with 120Hz display refresh rate, Redmi Note 11 Pro levels up the screen experience with smooth scrolling response and lag-free transitions. The beautiful display is packed into a body with a trendy flat-edge design. Plus, with the dual super linear speakers located at the top and bottom of the phone, Redmi Note 11 offers immersive stereo sound for gaming or watching videos.

Performance powered by 67W turbo charging and MediaTek Helio G96

Redmi Note 11 Pro comes with flagship 67W turbo charging, allowing you to charge up

to 51% of its 5,000mAh high capacity battery in just 15 minutes Powered by MediaTek Helio G96, Redmi Note 11 Pro also delivers a smooth and seamless performance.

Market availability:

Redmi Note 11 Pro comes in two variants – 6GB+128GB, and 8GB+128GB and are available at top distributor partners such as Phonezo, Airlink Communication, Smartlink and Tech Sirat. For those looking to purchase these online, we’ve news for you  too as these are also available on MiStore.

Redmi Note 11 Pro

6GB+128GB: PKR 51,999/-

8GB+128GB: PKR 59,999/-

Redmi Note 11 Quick Specs:

 Redmi Note 11
Display120Hz  6.67” FHD+ AMOLED DotDisplay
Rear Camera108MP main camera 8MP ultra-wide camera 2MP macro camera 2MP depth camera
Front Camera16MP in-display front camera
Dimension & Weight164.19mm x 76.1mm x 8.12mm 202g
ProcessorMediaTek Helio G96
Charging5,000mAh (typ) battery Supports 67W wired Pro fast charging
Variant6GB+128GB, 8GB+128GB
Available ColorGraphite Gray, Polar White, Star Blue

The Redmi Note 11 Pro is available at PKR 51,999/- for the 6+128GB variant and PKR 59,999/- for the 8+128GB variant. A bundle deal with Redmi Buds 3 absolutely free!

About Xiaomi Corporation

Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.

Embracing our vision of “Make friends with users and be the Coolest Company in the users’ hearts”, Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.

Xiaomi is one of the world’s leading smartphone companies. The company’s market share in terms of smartphone shipments ranked no. 3 globally in the third quarter of 2021. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, more than 400 million smart devices connected to its platform as of September 30, 2021, excluding smartphones and laptops. Xiaomi products are present in more than 100 countries and regions around the world. In August 2021, the company made the Fortune Global 500 list for the third time, ranking 338th, up 84 places compared to 2020.

Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.

Google Pixel 11 Colors Leak Before Launch

0

Google’s upcoming Pixel 11 smartphone series has reportedly leaked ahead of its official launch, revealing the full color options for the Pixel 11, Pixel 11 Pro, and Pixel 11 Pro XL. Although Google has not officially confirmed these details, leaked images suggest the company will offer a wide range of attractive colors across all three models.

The leaked renders were shared by MyMobiles in partnership with well-known tipster OnLeaks. According to the leak, each model will be available in four different colors, giving buyers more choices than before.

Pixel 11 Color Options

The standard Google Pixel 11 is expected to come in the following four colors:

  • Fuchsia
  • Light Sterling
  • Moss
  • Midnight Haze

Among these, Fuchsia is expected to be the brightest and most eye-catching option with a bold pink finish.

Light Sterling appears to have a soft lavender-blue color that gives the phone a clean and stylish look.

Moss is expected to feature an olive-green finish, offering a natural and unique appearance.

For users who prefer darker colors, Midnight Haze is expected to have a charcoal or dark gray finish.

Pixel 11 Pro and Pixel 11 Pro XL Colors

According to the leak, both the Pixel 11 Pro and Pixel 11 Pro XL will share the same color options.

The expected colors are:

  • Dune
  • Light Fog
  • Midnight Haze
  • Pine

The leaked images show Dune with a coral and copper-colored back paired with a polished gold frame, giving it a premium look.

Pine is expected to feature a soft green finish with a champagne-colored frame.

Light Fog appears to have a pale mint or light green color combined with a silver frame for a fresh appearance.

Meanwhile, Midnight Haze will once again be available as the darker option for users who prefer a classic design.

Design Will Stay Familiar

The leaked renders suggest that Google is not making major changes to the overall design of the Pixel 11 series.

The phones are expected to keep Google’s signature pill-shaped rear camera bar, which has become a recognizable part of Pixel smartphones.

All three models appear to feature a triple rear camera system, including:

  • A main wide camera
  • An ultra-wide camera
  • A periscope telephoto camera for better zoom

The phones are also expected to include:

  • Flat metal frames
  • Rounded corners
  • A centered hole-punch selfie camera
  • Thin and evenly sized display bezels

Overall, the design looks very similar to recent Pixel models while maintaining Google’s premium style.

Google Event on August 12

Google has already confirmed that its Made by Google event will take place on August 12 in New York City.

During the event, the company is expected to officially introduce the next generation of Pixel smartphones.

The expected lineup includes:

  • Pixel 11
  • Pixel 11 Pro
  • Pixel 11 Pro XL
  • Pixel 11 Pro Fold

So far, the latest leak only reveals the colors for the three standard smartphones. The color options for the Pixel 11 Pro Fold have not yet been leaked.

New Tensor G6 Chip Expected

The Pixel 11 series is also rumored to feature Google’s next-generation Tensor G6 processor.

According to reports, the chip will be manufactured using TSMC’s advanced 2-nanometer process, which could provide:

  • Better performance
  • Improved battery life
  • Faster AI processing
  • Better heat management

However, Google has not officially confirmed these specifications.

Pixel Glow May Be a New Feature

Another interesting rumor suggests Google could introduce a new feature called Pixel Glow.

According to leaks, Pixel Glow may add a small lighting system on the back of the phone.

Unlike traditional notification lights, this new feature could respond to Gemini AI interactions, notifications, and other smart functions, making the phone more interactive.

At the moment, this feature remains unconfirmed.

Display Sizes

The leaked information also reveals the expected display sizes for the new phones.

The Pixel 11 and Pixel 11 Pro are expected to feature 6.3-inch OLED displays.

The larger Pixel 11 Pro XL is expected to come with a 6.8-inch OLED display.

The standard Pixel 11 may support a refresh rate between 60Hz and 120Hz, providing smooth scrolling and gaming.

Meanwhile, the Pro models are expected to offer an adaptive refresh rate from 1Hz to 120Hz, which can improve battery life while delivering smoother performance when needed.

Official Details Still Awaited

Although the leaked renders provide a good idea of what Google’s next smartphones may look like, the company has not officially confirmed the color names, display specifications, camera hardware, Tensor G6 processor, or the rumored Pixel Glow feature.

All official information is expected to be revealed during Google’s Made by Google event on August 12.

Overall, the Pixel 11 series looks set to continue Google’s premium smartphone design while offering fresh color choices, powerful new hardware, improved AI features, and upgraded displays. If the leaks are accurate, the Pixel 11 lineup could become one of Google’s most polished smartphone releases yet

LemFi and BVNK Partner for Faster, Cheaper Money Transfers

0

LemFi, a financial platform that helps people send money across different countries, has announced a new partnership with BVNK, a company that provides stablecoin payment technology. The partnership aims to make international money transfers faster, cheaper, and more efficient without changing how customers use the LemFi app.

The biggest change will happen behind the scenes. Customers will continue sending and receiving money in their local currencies, while BVNK’s stablecoin technology will quietly handle the settlement process in the background. This means users will not need to buy, hold, or use cryptocurrencies themselves.

LemFi currently serves more than two million customers living and working in countries such as the United Kingdom, Europe, Australia, and North America. These users regularly send money to their families and friends in Africa, Asia, and Latin America.

Traditionally, international money transfers rely on correspondent banks and the SWIFT payment network. These systems have been in use for decades and often take several days to complete a transfer. Every bank involved in the process may charge a fee, making cross-border payments slower and more expensive.

Through its partnership with BVNK, LemFi plans to replace these traditional payment rails with regulated stablecoin-based settlement technology.

When a customer sends money through LemFi, the transfer will now be settled using stablecoins in the background. Once the payment reaches its destination, the recipient will receive the money in their own local currency just as before. The entire process is expected to be much faster while reducing transaction costs.

According to the World Bank, the average global cost of sending international remittances was 6.36 percent during the third quarter of 2025. This is more than double the United Nations Sustainable Development Goal, which aims to reduce remittance costs to 3 percent by 2030.

Experts believe that reaching this target could save families around the world nearly 20 billion US dollars every year. Lower transfer fees would allow migrant workers to send more money home instead of losing a significant portion to payment charges.

The partnership also reflects the growing importance of stablecoins in the global financial system.

Stablecoins are digital assets whose value is usually linked to traditional currencies like the US dollar. Unlike many cryptocurrencies, stablecoins are designed to maintain a stable value, making them more suitable for payments and international money transfers.

Over the past 12 months, real-world stablecoin payment transactions reached approximately 7.4 trillion US dollars.

Industry analysts believe stablecoins currently account for only around 3 percent of the global cross-border payments market. However, this figure could increase to 20 percent over the next ten years as more financial companies adopt the technology.

This latest partnership also builds on LemFi’s earlier plans to expand stablecoin payments.

In May 2026, stablecoin issuer Tether made a strategic investment in LemFi to support the company’s goal of using stablecoins to improve remittance services across emerging markets.

LemFi Co-founder and Chief Executive Officer Ridwan Olalere said today’s international payment systems are outdated, slow, and expensive, especially for people who regularly send money to support their families.

He explained that stablecoins allow payments to settle almost instantly while reducing unnecessary costs, and BVNK provides the secure infrastructure needed to make this possible on a large scale.

One of the most important aspects of the partnership is that customers will not notice any complicated technical changes.

People using the LemFi app will continue sending money exactly as they do today. They will never have to own stablecoins, manage cryptocurrency wallets, or deal with blockchain technology directly.

Everything happens automatically behind the scenes while customers continue using familiar payment methods and local currencies.

LemFi says this approach allows users to enjoy the speed and lower costs of stablecoin technology without sacrificing simplicity, trust, or regulatory protection.

BVNK also brings strong regulatory experience to the partnership.

The company operates a compliance-focused payment platform with more than 25 licences and regulatory approvals across the United Kingdom, Europe, and the United States. Its payment infrastructure is already available in over 130 countries and is used by several large international businesses.

BVNK Co-founder and Chief Business Officer Chris Harmse said stablecoins are becoming an important foundation for the future of global payments.

He added that international remittances are one of the areas where faster and cheaper payments can make the biggest difference, helping families receive more of the money their loved ones send from abroad.

The partnership marks another important step in LemFi’s growth.

The company is no longer focusing only on money transfers. It is gradually expanding into a full financial platform that also offers services such as payments, savings, credit, and financial connectivity for people living and working across different countries.

Over the past year, LemFi has continued expanding its global presence. The company recently selected London as its global headquarters and announced plans supported by a £100 million investment commitment. It has also expanded its regulatory approvals and operations across the UK, Europe, North America, Australia, Africa, and Asia.

LemFi said the new stablecoin settlement system will be introduced gradually across its different international payment routes.

The rollout will take place market by market and only in countries where local central banks and financial regulators allow the use of stablecoin-based payment infrastructure.

Overall, the partnership between LemFi and BVNK aims to modernize international money transfers by replacing older banking systems with faster and lower-cost payment technology. While customers will continue using the app exactly as before, the new infrastructure is expected to deliver quicker settlements, lower fees, and a better experience for millions of people who rely on cross-border remittances to support their families

Google Spends Big on AI, Cash Flow Turns Negative

0

Google has reported negative free cash flow for the first time since the company became a public business, as it continues spending billions of dollars on artificial intelligence (AI) infrastructure.

According to a report by the Financial Times, Google’s heavy investment in AI technology, data centers, and advanced computer chips caused its free cash flow to fall to negative $5.9 billion during the second quarter of the year.

Free cash flow is the money a company has left after paying for its operating costs and major investments. A negative free cash flow does not necessarily mean the company is losing money. Instead, it shows that Google is spending more cash than it is generating because of its massive investments in future growth.

Google has significantly increased its budget for AI development. The company now plans to spend between $195 billion and $205 billion on capital investments during 2026. Earlier, Google had expected to spend between $180 billion and $190 billion, making this the second time this year that it has raised its AI investment plans.

Most of this money will be used to build new data centers, buy more AI chips, improve computing infrastructure, and expand the systems needed to train and run advanced AI models.

Google’s Chief Financial Officer Anat Ashkenazi said the company’s free cash flow is likely to remain under pressure because Google wants to take full advantage of the growing opportunities in artificial intelligence.

She explained that the company believes AI will play a major role in its future business, making these large investments necessary despite the short-term financial impact.

Even though Google is spending record amounts on AI, its main businesses continue to perform very well.

The company reported total revenue of $120 billion during the quarter, compared to $96.4 billion during the same period last year. This represents strong year-on-year growth across several business areas.

One of Google’s fastest-growing businesses was Google Cloud, which generated $24.8 billion in revenue. This was an impressive 82 percent increase compared to the previous year, showing that more businesses are using Google’s cloud services.

Google’s core Search advertising business also remained strong. Revenue from search ads increased by 17 percent, reaching $63.3 billion, as businesses continued spending on online advertising.

Google CEO Sundar Pichai said the company has become even more confident about the future of artificial intelligence over the past year.

He said Google is speeding up the development of its next-generation AI model, Gemini 4, which is expected to bring major improvements in AI capabilities.

Pichai also revealed that Google plans to release new AI models more frequently as competition in the AI industry continues to grow.

During the quarter, Google’s capital expenditure reached $44.9 billion, one of the highest spending levels in the company’s history.

This spending is mainly focused on expanding AI infrastructure so Google can compete with other technology giants such as Microsoft, Amazon, and Meta, which are also investing heavily in artificial intelligence.

According to industry estimates, these four companies together are expected to spend more than $725 billion on AI infrastructure during 2026.

Despite the huge investments, Google remained highly profitable.

The company reported net income of $112 billion, helped by strong business performance and gains from investments, including its ownership stake in SpaceX.

At the same time, Google’s operating income increased by 30 percent, reaching $40.8 billion, showing that its core operations continue to generate strong profits.

Overall, Google’s latest financial results show that the company is making one of the biggest investments in artificial intelligence in its history. Although these massive spending plans have pushed its free cash flow into negative territory for the first time since going public, Google believes the investment will strengthen its position in the rapidly growing AI market. With strong revenue growth, rising cloud business, healthy advertising income, and continued profitability, the company is betting that today’s record AI spending will lead to even greater growth and innovation in the years ahead

Brent Oil Price Crosses $100 Per Barrel

0

Global oil prices continued to rise sharply on Thursday as Brent crude oil crossed the $100 per barrel mark for the first time in weeks. The increase came after growing security concerns in the Red Sea raised fears about possible disruptions to global oil supplies and important shipping routes.

At the time of reporting, Brent crude was trading at $100.10 per barrel, gaining $6.07 or 6.45 percent during the day. Meanwhile, U.S. West Texas Intermediate (WTI) crude oil also increased to $91.49 per barrel, up $4.66 or 5.37 percent.

Over the past 20 days, Brent crude has jumped by around 42 percent, showing how quickly oil prices have risen due to increasing geopolitical tensions in the Middle East.

The latest price increase follows claims by Yemen’s Iran-backed Houthi group, which said it had attacked two Saudi oil tankers near the Bab el-Mandeb Strait. The reported attacks have increased concerns about the safety of ships passing through one of the world’s busiest and most important sea routes.

Because of these security risks, several shipping companies have reportedly started diverting their oil tankers to safer routes. While this helps protect ships and their crews, it also makes journeys longer and more expensive, increasing transportation costs for oil around the world.

The Bab el-Mandeb Strait and the Strait of Hormuz are two of the world’s most important oil shipping routes. Together, these two narrow waterways handle around one-third of all crude oil transported by sea worldwide.

Every day, an estimated 25 to 30 million barrels of crude oil pass through these two routes. If shipping is disrupted in either location, it can slow oil deliveries, reduce supply in global markets, and increase oil prices.

Energy traders and investors are becoming increasingly worried that tensions in the region could continue or even become worse. As a result, many buyers are paying higher prices now because they fear future shortages in oil supplies.

Over the last two weeks, global oil prices have already increased by nearly 20 percent as markets reacted to the growing political and security risks in the Middle East.

Experts warn that if Brent crude remains above $100 per barrel for a long period, it could have a major impact on the global economy.

Higher oil prices usually lead to more expensive petrol and diesel, which increases transportation costs. Businesses may also face higher manufacturing and delivery expenses, which can eventually raise the prices of everyday products and services.

For countries like Pakistan that import large amounts of oil, higher global oil prices can create additional economic pressure. They can increase the country’s import bill, put pressure on foreign exchange reserves, weaken the local currency, and lead to higher fuel and electricity prices for consumers.

Overall, the sharp rise in oil prices reflects growing fears that continued attacks on oil tankers and shipping routes in the Middle East could disrupt global energy supplies. If security conditions do not improve, oil prices may remain high or rise even further, increasing inflation and putting additional pressure on economies around the world.

Meta Quest Users Get Free Xbox Game Pass Access

0

Meta has announced a new benefit for Meta Quest headset users by adding the Xbox Game Pass Starter Edition to its Meta Horizon+ subscription service at no extra cost. This means Horizon+ subscribers can now enjoy a large collection of Xbox games along with their existing VR game library using a single subscription.

With this update, Meta Horizon+ subscribers can access more than 50 Xbox games in addition to over 100 virtual reality (VR) games already included in the service. The goal is to give Quest users more entertainment options without increasing the subscription price.

One of the biggest features is the ability to stream Xbox games directly inside a Meta Quest headset. Instead of playing on a TV or computer monitor, users can enjoy their games on a giant virtual screen inside the headset. Meta says subscribers can stream Xbox games for up to 10 hours every month through the included Game Pass Starter Edition membership.

Although the games are played inside the headset, they are not virtual reality games. Instead, the games appear on a large virtual display, giving users the feeling of playing on a huge cinema-sized screen while wearing their Quest headset.

At the moment, players need an Xbox wireless controller to play these Xbox games. The Quest’s regular controllers cannot yet be used as Xbox controllers.

However, Meta has confirmed that this will change soon. The company is preparing a firmware update for the Meta Quest 3 and Meta Quest 3S. After the update is released, the Quest Touch Controllers will be able to act like an Xbox controller, allowing users to play supported Xbox games without buying additional hardware.

Meta says the update will begin rolling out over the next few weeks.

The Xbox Game Pass Starter Edition includes access to a wide variety of popular games. Some of the well-known titles available in the library include:

  • Fallout 4
  • Fallout 76
  • Overcooked 2
  • Grounded
  • DayZ

These games cover different genres, including action, survival, adventure, and multiplayer games, giving players plenty of choices.

While playing, users can enjoy the games on a virtual display that can appear as large as a 26-foot screen. Meta also offers a special Xbox-themed virtual environment, making the gaming experience feel more immersive even though the games themselves are not designed for virtual reality.

Along with Xbox games, the Meta Horizon+ subscription continues to include more than 100 VR games that users can download and play directly on compatible Quest headsets. This means subscribers get access to both traditional Xbox games and dedicated VR experiences through one membership.

The Meta Horizon+ subscription is available for $59.99 per year or $7.99 per month. New subscribers also receive a free one-month trial, allowing them to test the service before paying.

This new Xbox Game Pass benefit adds even more value to the subscription without increasing its price, making it more attractive for both gamers and Quest headset owners.

Meta is also expected to announce more news about its virtual reality products during the Meta Connect event in September. The company is likely to reveal updates about future Quest headsets, new software features, and additional improvements to its VR ecosystem.

Overall, the addition of Xbox Game Pass Starter Edition makes Meta Horizon+ a more complete gaming service. Subscribers can now enjoy over 150 games, including VR titles and popular Xbox games, all through one affordable subscription. The upcoming controller update will make the experience even more convenient, allowing Quest users to play Xbox games without needing a separate Xbox controller

Android 17 Makes Switching from iPhone Much Easier

0

Google has introduced a new data transfer system in Android 17 that makes it much easier for iPhone users to switch to an Android phone. The new feature allows users to transfer most of their important data wirelessly, without needing to install a separate migration app.

Google announced this upgrade on July 22 alongside Samsung’s latest Galaxy Z Flip8 and Galaxy Z Fold8 smartphones. The company says the new migration system is designed to make moving from an iPhone to Android faster, simpler, and more convenient.

One of the biggest improvements is that the transfer tool is now built directly into Android 17. In previous versions, users often had to download an additional app or use extra steps to move their data. With Android 17, everything is included in the phone’s setup process, making switching to Android much easier for new users.

The new system can transfer a wide range of important information from an iPhone to an Android phone. This includes:

  • Photos
  • Videos
  • Contacts
  • Text messages
  • Calendar events
  • Google accounts
  • Saved passwords
  • Wi-Fi network information
  • eSIM data

This means users can move most of their personal information to their new Android device without having to manually set everything up again.

The transfer process has also been simplified. During the setup of a new Android 17 phone, users simply select the option that says they are moving from an iPhone or iPad.

The Android phone then displays a QR code on its screen.

Users scan this QR code using their iPhone, which securely connects both devices. Once connected, they can choose exactly what they want to transfer. For example, they can copy only their contacts and photos or transfer almost everything from the old phone.

Google says the wireless transfer process requires the receiving phone to run Android 17 or a newer version.

The iPhone should also be updated to the latest available version of iOS, with both Wi-Fi and Bluetooth turned on before starting the transfer.

Initially, Google says this feature will be available on the upcoming Pixel 10 and newer Pixel devices. If the QR code does not appear or cannot be scanned for any reason, users can still use the older transfer method as a backup.

Google also plans to expand the feature to more Android phones running Android 17 in the future, although it has not yet shared a complete list of supported devices or an official rollout schedule.

Another useful improvement is that users do not have to wait for the entire transfer process to finish before using their new phone.

After starting the transfer, they can continue setting up their Android device while photos, videos, messages, and other files are copied in the background.

However, Google advises users to keep the iPhone turned on and leave it on the transfer screen until the process is fully completed to avoid interruptions.

Some types of information require users to have a Google Account.

For example, transferring saved passwords, Google apps, notes, and certain settings requires a Google account.

If the iPhone is already signed in with a Google account, that account can automatically move to the new Android phone during setup.

If not, users can either sign in with an existing Google account or create a new one while setting up their new device.

Google has also improved eSIM transfer, making it easier for users who use digital SIM cards.

Once the main data transfer is complete, users can transfer an eligible eSIM by following the instructions shown on both devices.

To complete the process, the iPhone must remain turned on and connected to the Android phone.

Users simply select the eSIM they want to move and follow the on-screen instructions.

However, Google notes that eSIM transfer is not supported by every mobile network.

If a user’s mobile carrier does not support automatic eSIM transfer, they may need to contact their network provider to activate the eSIM manually.

Samsung has also confirmed that the new migration system will be available on its latest foldable smartphones, including the Galaxy Z Flip8 and Galaxy Z Fold8.

According to Samsung, users will need:

  • An Android phone running Android 17 with One UI 9 or later
  • An iPhone running iOS 26.6 or later

These requirements apply to both wireless and wired data transfers.

Samsung also explained that the amount of data users can transfer may depend on the transfer method being used. Similarly, eSIM support will vary depending on the user’s mobile network operator.

Overall, Google’s new Android 17 migration system represents a major improvement for people moving from an iPhone to Android. By building the transfer tool directly into the operating system, simplifying the setup process with QR code pairing, supporting wireless transfers, and allowing users to move photos, contacts, messages, passwords, Wi-Fi settings, Google accounts, and even eSIMs, Google is making the switch to Android much smoother than before.

Although the feature is currently rolling out to selected Pixel devices, Google plans to bring it to more Android smartphones in the future. Once widely available, the new migration system could make switching from an iPhone to Android easier and more convenient for millions of users around the world

Meta to Train 1,000 Pakistani Businesses in AI for Free

0

Meta, the company that owns Facebook, Instagram, and WhatsApp, has announced a new program to provide free digital business and artificial intelligence (AI) training to 1,000 small and medium-sized businesses (SMEs) across Pakistan.

The initiative is aimed at helping Pakistani businesses improve their digital skills, use AI tools more effectively, and grow their businesses through online platforms. At the same time, the Government of Pakistan has invited Meta to become a long-term partner in the country’s digital transformation efforts.

The announcement was made during a meeting between Pakistan’s Minister for Commerce, Jam Kamal Khan, and a Meta delegation led by Tehara Punchihewa, who looks after Public Policy for the Asia-Pacific region, and Vivian Liang, Meta’s Policy Programs Manager for Asia-Pacific.

During the meeting, Meta introduced its Small Business Growth Academy, a special training program that will run from August to November 2026.

Under this initiative, 1,000 small and medium-sized businesses from different parts of Pakistan will receive free training through both online classes and in-person workshops.

The program will be delivered in partnership with AtomCamp, a Pakistani technology education company that specializes in AI and digital skills training.

Participants will learn how to make better use of Meta’s digital platforms, including Facebook, Instagram, and WhatsApp Business, to reach more customers and increase sales.

The training will also focus on the latest AI-powered business tools, showing businesses how artificial intelligence can help create marketing content, improve customer communication, analyze business data, and increase overall productivity.

In addition, business owners will receive guidance on digital marketing strategies, including how to advertise online, build a strong social media presence, engage with customers, and grow their businesses using modern digital technologies.

According to Meta, the main goal of the program is to improve digital skills among Pakistani entrepreneurs, help businesses access larger markets, and support economic growth through technology.

The company also said that the initiative will place special focus on women entrepreneurs and businesses located in smaller cities and underserved areas, giving them better opportunities to benefit from digital technology and online commerce.

Speaking during the meeting, Commerce Minister Jam Kamal Khan said that digital transformation is one of the government’s top priorities. He explained that Pakistan is working to modernize government departments and public institutions by using digital technologies to improve governance, public services, and economic competitiveness.

The minister also informed the Meta delegation that Pakistan is preparing a new National E-Commerce Policy, which aims to promote online businesses, improve digital trade, and create more opportunities for entrepreneurs.

At the same time, the government is also developing a National Artificial Intelligence Policy to encourage innovation, support technology startups, strengthen entrepreneurship, and promote AI-based economic growth.

Jam Kamal Khan emphasized that artificial intelligence should not be viewed only as a tool for chatbots or online conversations. Instead, he said AI has the potential to improve policy planning, business intelligence, data analysis, decision-making, and the efficiency of government institutions.

He highlighted Pakistan’s strong potential as a growing digital market, pointing to the country’s young population, increasing number of smartphone users, and rapidly expanding digital economy.

According to the minister, these factors make Pakistan an attractive market for global technology companies that want to invest in digital education, entrepreneurship, and innovation.

To ensure the training program reaches as many businesses as possible, Jam Kamal Khan encouraged Meta to work closely with the Directorate General of Trade Organizations (DGTO), local Chambers of Commerce, and various trade associations across the country.

These partnerships would help spread awareness about the program and allow businesses from different regions to participate.

The minister also invited Meta to continue working with Pakistan’s Ministry of Commerce beyond this initiative. He proposed long-term cooperation in areas such as digital literacy, AI education, SME development, digital trade, and entrepreneurship.

In response, the Meta delegation expressed its commitment to strengthening cooperation with Pakistan and expanding the Small Business Growth Academy in the future.

The company said it looks forward to supporting more Pakistani entrepreneurs by helping them develop modern digital skills and use AI technologies to grow their businesses.

Overall, the new initiative represents an important step toward improving digital education and business skills in Pakistan. By offering free AI and digital marketing training to 1,000 small and medium-sized businesses, Meta aims to help entrepreneurs become more competitive, reach new customers, increase online sales, and contribute to the country’s growing digital economy. The partnership also reflects Pakistan’s broader efforts to use technology and artificial intelligence to support economic development, innovation, and job creation