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Tech companies

  • EghtesadOnline: Iran National Innovation Fund intends to offer local knowledge-based companies aid packages to the tune of 500 billion rials ($3.8 million) in the form of loans to empower tech companies in the country.

  • EghtesadOnline: The government-backed Innovation and Prosperity Fund (NSFund) has allocated 9 trillion rials ($69 million) in loans to support knowledge-based firms and technology companies.

  • EghtesadOnline: Citing the new US sanctions against Tehran, workplace chat app Slack banned Iranian users on Wednesday. A deputy director of Iran IT Organization told the Financial Tribune that such unprofessional moves plus the unending hostility will likely compel users across continents to think twice before subscribing to American companies involved in and living off such business.

  • EghtesadOnline: American technology companies are bringing automation and robotics to the age-old task of battling mosquitoes in a bid to halt the spread of Zika and other mosquito-borne maladies worldwide.

  • EghtesadOnline: The new way foreign worker visas are doled out in the U.S. is poised to benefit some of the biggest technology companies, like Alphabet Inc., Microsoft Corp. and Facebook Inc., while punishing outsourcing firms that developed a disproportionate dependence on the program.

  • EghtesadOnline: A group of technology companies plans to meet on Tuesday to discuss filing an amicus brief in support of a lawsuit challenging U.S. President Donald Trump's order restricting immigration from seven Muslim-majority countries, said a spokesperson for a company organizing the gathering.

  • EghtesadOnline: The stock market’s post-election bifurcation sharpened Monday as technology shares extended their worst performance since the start of the bull market on speculation Donald Trump’s trade and immigration policies will translate into lower earnings.