Author: i2wtc

OpenAI CEO Sam Altman took subtle swipes at rival Anthropic on Thursday and said he thinks it’s “bad for society” if companies start abandoning their commitment to the democratic process because “some people don’t like the person or people currently in charge.””The government is supposed to be more powerful than private companies,” Altman said during the Morgan Stanley Technology, Media & Telecom Conference.Anthropic CEO Dario Amodei criticized Altman’s relationship with the Trump administration in a memo to employees on Friday, according to a report from The Information. Amodei reportedly wrote that Anthropic has not given “dictator-style praise to Trump,” while…

Islamabad High Court. PHOTO: FILE ISLAMABAD: The Islamabad High Court on Thursday instructed the legal team of Pakistan Tehreek-e-Insaf founder and former Prime Minister Imran Khan and his wife Bushra Bibi to file a new miscellaneous application to resolve outstanding office objections in their appeals against the Toshakhana-II convictions. On December 20, a special court sentenced Imran Khan and Bushra Bibi to 17 years in prison each in the Toshakhana-II case, which states the couple unlawfully retained a Bulgari jewellery set gifted by the Saudi Crown Prince during an official visit to Saudi Arabia. During the hearing, Justice Khadim Hussain Soomro…

Traders work on the floor at the New York Stock Exchange, March 3, 2026.Brendan McDermid | ReutersCloud and software stocks were a rare bright spot amid Thursday’s market drop.The WisdomTree Cloud Computing Fund (WCLD) gained 2.7%, putting the exchange-traded fund on track for its best day since April 24, when it jumped 4.7%. Leading cloud stocks higher on Thursday was an 8.4% pop in Okta and Wix.com, and a roughly 7% gain in shares of MongoDB and Intapp. Sailpoint, an identity security tech provider for cloud enterprises, rose 6.5%, while Zscaler rose 1.5%. HubSpot and Paycom Software, top holdings in the…

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox.The Iran war has shaken Dubai’s status as a global wealth hub, as legions of expatriates scramble to escape and family offices and wealth managers reconsider their Middle East footprint.For the past decade, Dubai has successfully marketed itself as a safe haven for the global elite. Attracted by the sun, safety and tax-free income, Dubai’s millionaire population has doubled since 2014 to more than 81,000, according to…

The 14th National People’s Congress (NPC) opens its fourth session at the Great Hall of the People in Beijing, capital of China, March 5, 2026. Xi Jinping and other Party and state leaders, including Li Qiang, Wang Huning, Cai Qi, Ding Xuexiang, Li Xi and Han Zheng, were seated at the rostrum. (Xinhua/Xie Huanchi)BEIJING, March 5 (Xinhua) — The 14th National People’s Congress, China’s top legislature, opened its fourth session on Thursday morning at the Great Hall of the People in Beijing.Xi Jinping and other Party and state leaders, including Li Qiang, Wang Huning, Cai Qi, Ding Xuexiang, Li Xi…

27th Amendment gives FCC no authority to reopen SC verdicts, reinforcing judicial finality in private, public disputes ISLAMABAD: The Federal Constitutional Court on Thursday ruled that a parallel appeal cannot be filed against a Supreme Court of Pakistan’s decision, reinforcing that the apex court’s final rulings are beyond review. FFC clarified that it cannot entertain appeals against final decisions of the SC, marking a significant ruling after months of legal uncertainty. The court said even after the 27th Amendment to the Constitution, which established the FCC, the new tribunal does not have the authority to supervise or reopen judgments already…

MUMBAI: Indian batter Tilak Varma attends a training session at the Wankhede Stadium on Wednesday. —AFP MUMBAI: England are drawing confidence from a run of tight victories ahead of their Twenty20 World Cup semi-final against India, captain Harry Brook said, adding that his team’s resilience would be a key factor on Thursday at the Wankhede Stadium. England’s route to the last four has not all been smooth sailing, with the two-time champions advancing after wins over Sri Lanka, Pakistan and New Zealand, against whom they needed 43 runs off the final 18 balls to get over the line. “We’ve won…

Cuba’s President Miguel Diaz-Canel (C) takes part in the “Anti-Imperialist” protest in front of the US Embassy against the US incursion in Venezuela, where 32 Cuban soldiers lost their lives, in Havana on January 16, 2026.Yamil Lage | Afp | Getty Images”Cuba’s next,” said Sen. Lindsey Graham, a Republican and ally of U.S. President Donald Trump, after the U.S. and Israel began strikes on Iran.The U.S. has imposed an oil blockade on the communist-run island nation since January, shortly after its ally and a key provider of oil, Venezuelan President Nicolás Maduro, was seized in an extraordinary U.S military operation.…

Broadcom’s stock surged about 5% on Thursday as CEO Hock Tan touted strong demand for the company’s chips amid the artificial intelligence boom.He told analysts on Wednesday that he anticipates AI chip revenue in 2027 that’s “significantly in excess of $100 billion” as demand mounts for designing custom silicon. That far surpassed many bullish estimates from Wall Street analysts, who now anticipate more potential upside after Tan said the company is nearing 10 gigawatts of capacity between six customers. Analysts at JPMorgan estimate that the company can reach between $12 billion and $15 billion in revenue per gigawatt by 2027 and…

U.S. President Donald Trump and New York Attorney General Letitia James.Brian Snyder | David Dee Delgado | ReutersNew York Attorney General Letitia James and the top prosecutors of 23 other states are once again suing to block President Donald Trump’s global tariff regime, just days after a landmark Supreme Court decision struck down his previous effort.Their lawsuit, filed Thursday in the Court of International Trade, seeks to deem Trump’s latest tariffs illegal and order refunds to states.Last month, the Supreme Court invalidated most of Trump’s sweeping “Liberation Day” tariffs implemented last year, saying that his use of the International Emergency…