Author: i2wtc

Online sports betting giant Flutter reported second-quarter earnings that beat Wall Street expectations Thursday.The company reported adjusted earnings of $2.95 per share versus an estimated $2.08, according to a survey of analysts by LSEG. Revenue came in slightly higher than expectations at $4.19 billion against consensus expectations of $4.13 billion.Flutter owns the dominant U.S. sportsbook FanDuel, and FanDuel’s holding a winning hand.Its U.S. revenue for the quarter of $1.79 billion came in slightly higher than expectations, and adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, was nearly $100 million higher than analyst consensus.June was especially good for FanDuel…

Federal Defence Minister Khawaja Asif rebuffed on Thursday speculation that he has resigned, terming the claims “completely fake”.  The Pakistan Muslim League-Nawaz (PML-N) leader posted a screenshot of a thread shared on X (formerly Twitter) by journalist Zubair Ali Khan asserting that Asif had resigned from his position in office. Marking the screenshot “fake”, Asif wrote, “With apologies, this gentleman has expressed his wishes in this tweet, not the reality”.  بریکنگ نیوز 🔴وزیردفاع خواجہ آصف نے استعفی دیدیا ۔۔۔سیالکوٹ کے ADCR کی گرفتاری کا تنازع بڑھ گیا، وزیردفاع خواجہ آصف نے استعفی وزیراعظم کو بھجوا دیا ہے۔خبر ہے کہ سیالکوٹ کے…

OpenAI CEO Sam Altman, pictured, speaks with SoftBank Group CEO Masayoshi Son at an event in Tokyo on Feb. 3, 2025.Tomohiro Ohsumi | Getty Images News | Getty ImagesOpenAI on Thursday announced GPT-5, its latest and most advanced large-scale artificial intelligence model.The company is making GPT-5 available to everyone, including its free users. OpenAI said the model is smarter, faster and “a lot more useful,” particularly across domains like writing, coding and health care.”I tried going back to GPT-4, and it was quite miserable,” OpenAI CEO Sam Altman said in a briefing with reporters.Since launching its AI chatbot ChatGPT in…

Mary Kay burns incense at the entrance to the state-managed immigration detention center dubbed Alligator Alcatraz, located at the Dade-Collier Training and Transition Airport in the Florida Everglades on August 03, 2025 in Ochopee, Florida. Joe Raedle | Getty ImagesA federal judge on Thursday ordered a temporary halt to construction at an immigration detention center — built in the middle of the Florida Everglades and dubbed “Alligator Alcatraz” — as attorneys argue whether it violates environmental laws.The facility can continue to operate and hold detainees for U.S. Immigration and Customs Enforcement, but workers will be barred from adding any new filling, paving or infrastructure for the next…

Adam Foroughi, CEO of AppLovin.CNBCAppLovin shares resumed their historic rally on Thursday after the ad-tech company reported better-than-expected earnings for the second quarter.The stock popped 11% and is now up 34% for the year after soaring more than eightfold in 2024. Wall Street has piled into the company due to its growth from artificial intelligence technology that’s given advertisers more ways to target users in mobile games.CEO Adam Foroughi suggested on the earnings call that another wave of growth is likely on the way due to the legal saga between Apple and Epic Games. In April, a judge in Oakland…

Listen to article Investigators have traced WhatsApp messages and calls demanding Rs20 million in ransom money from Mustafa Amir’s mother, during his disappearance, to prime suspect in the case Armaghan, it emerged on Thursday.  Police said they have incorporated co-accused Shiraz Bukhari’s detailed statement on the extortion in the final charge sheet. On Thursday, the IO submitted before an anti-terrorism court (ATC) in Karachi that a forensic exhumation confirmed Amir had no traces of drugs in his system, dispelling earlier rumours and sharpening focus on the motive and timeline of his killing. Prosecutors will present the full array of digital and forensic evidence including WhatsApp logs, financial records…

Facebook CEO Mark Zuckerberg departs E. Barrett Prettyman United States Court House on April 14, 2025 in Washington, DC. Andrew Harnik | Getty ImagesA California jury ruled against Meta in a privacy-related lawsuit involving the alleged collection of sensitive data from Flo, a period-tracking app.The jury ruled that the plaintiffs proved that Meta violated the California Invasion of Privacy Act, according to a verdict form filed Friday in the U.S. District Court for Northern District of California.The ruling stems from a class-action lawsuit dating back to 2021 against the health-tech company Flo Health and other businesses like Meta, Google-parent Alphabet and…

Listen to article Indian Prime Minister Narendra Modi said on Thursday he will not compromise the interests of the country’s farmers even if he has to pay a heavy price for it, in his first comments after US President Donald Trump’s salvo of a 50% tariff on Indian goods. Trump announced an additional 25% tariff on South Asian nation on Thursday, taking the total levy on Indian goods being exported to the US to 50% among the highest levied on any US trading partner. “For us, our farmers’ welfare is supreme,” Modi said in a function in New Delhi. “India will never…

Eli Lilly on Thursday hiked its 2025 guidance and posted second-quarter earnings that topped estimates on strong demand for its blockbuster weight loss and diabetes drugs.The company raised its fiscal 2025 sales guidance to $60 billion to $62 billion, from a previous outlook of $58 billion to $61 billion on underlying strength across its business. The pharmaceutical giant also expects its adjusted fiscal 2025 earnings to come in between $21.75 and $23, up from previous guidance of $20.78 to $22.28 per share. Eli Lilly said the guidance reflects President Donald Trump’s existing tariffs as of Aug. 7, but does not include his planned…

Listen to article BEIJEING: Five people were killed after a cable on a suspension bridge snapped in northwestern China’s Xinjiang region, causing them to fall off the bridge, state-run news agency Xinhua reported on Thursday. The incident, which took place at 6:18 p.m. on Wednesday in a sightseeing area in the Ili Kazakh Autonomous Prefecture, injured a further 24 people, Xinhua said. The scenic area has been closed while the incident is being investigated, Xinhua said. Videos circulating on social media, verified by Reuters, show a low-hanging suspension bridge tilted to one side with handrails made from cables dangling between the walkway…