Author: i2wtc

Liquid cooled servers in an installation at the Global Switch Docklands data centre campus in London, UK, on Monday, June 16, 2025.Bloomberg | Bloomberg | Getty ImagesEurope’s ambitious artificial intelligence strategy is at risk of colliding with an often overlooked but critically important environmental issue: water scarcity.The European Union has big plans for data center expansion, announcing in April that it intends to at least triple its capacity over the next five to seven years as part of a push to become a world-class AI hub.The rapid rollout of data centers, which power all aspects of the digital economy, from…

The TSMC logo is displayed on a building in Hsinchu, Taiwan April 15, 2025. Ann Wang | ReutersTaiwan Semiconductor Manufacturing Company on Thursday reported a 39.1% increase in third-quarter profit from last year, hitting a fresh record as demand for artificial intelligence chips stayed strong.Here are the company’s results versus LSEG SmartEstimates:Revenue: NT$989.92 billion new Taiwan dollars, vs. NT$977.46 billion expectedNet income: NT$452.3 billion, vs. NT$417.69 billion TSMC’s revenue in the September quarter rose 30.3% from a year ago to NT$989.92 billion, beating estimates.TSMC’s high-performance computing division, which encompasses artificial intelligence and 5G applications, drove third-quarter sales.As Asia’s largest technology company…

Once viewed with fear and skepticism, airport biometric screenings are now preferred and even expected by global travelers, according to a report by the air transport technology company Sita.”The more passengers use it, the more they like it,” the report stated.Globally, the number of people who haven’t used biometric technology at airports dropped to 31% this year from 41% in 2024, the report said.Comfort levels are rising as consumers use biometric identification to access everything, from their mobile phones to their workplaces, said Sarah Samuel, senior vice president of airport and airline operations in Asia-Pacific at the travel technology company…

Finance Minister Muhammad Aurangzeb speaks during a Reuters interview at the 2025 annual IMF/World Bank Spring Meetings in Washington, DC, US, April 25, 2025. Photo: Reuters/ File The government of Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement on the second review under the Extended Fund Facility (EFF) and the first review under the Resilience and Sustainability Facility (RSF), the Fund announced on Tuesday. The agreement follows discussions held from September 24 to October 8, 2025, in Karachi, Islamabad, and Washington DC, led by IMF mission chief Iva Petrova. The staff-level deal remains subject to approval…

Governor Faisal Karim Kundi administers oath to newly-elected CM following Peshawar High Court orders Khyber-Pakhtunkhwa Governor Faisal Karim Kundi administers the oath to PTI’s Sohail Afridi as chief minister at the Governor House in Peshawar on Wednesday, Oct 15, 2025. Photo via X Khyber-Pakhtunkhwa Governor Faisal Karim Kundi on Wednesday administered the oath of office to newly-elected Chief Minister Sohail Afridi at the Governor House, marking an end to the tense political standoff and days of uncertainty in the province. Prominent political and administrative figures, including Speaker of the Khyber Pakhtunkhwa Assembly Babar Saleem Swati, Deputy Speaker Suraiya Bibi, former…

Ceasefire request came after Pakistan carried out ‘precision strikes’ against terrorist hideouts in Kandahar, KabulSmoke rises up from the site of explosions in Kabul on October 15, 2025, amid heavy border clashes between Afghanistan and Pakistan. Two explosions were heard in central Kabul on the evening of October 15, AFP journalists said, with Afghanistan on edge after border clashes with Pakistan over the past week. Photo: AFP The Ministry of Foreign Affairs has announced that Pakistan and the Afghan Taliban regime have agreed to a 48-hour ceasefire, starting today at 6pm, following Pakistan’s ‘precision strikes’ on Taliban and terrorist hideouts…

Eddy Cue, senior vice president of internet software and services at Apple Inc., arrives for a morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Wednesday, July 11, 2018. Bloomberg | Bloomberg | Getty ImagesApple services chief Eddy Cue said the iPhone maker would like to buy more sports rights, but the company would need to be able to do something “unique and special” with the broadcast.”We don’t have to do sports the way that they are. There’s plenty of people doing that,” Cue told CNBC’s Alex Sherman at the Autosport Business…

U.S. Treasury Secretary Scott Bessent speaks as he and U.S. Trade Representative Jamieson Greer hold a press conference on the sidelines of the IMF/World Bank annual meetings in Washington, D.C., U.S., Oct. 15, 2025. Ken Cedeno | Reuters China has been using its dominance in the rare earth industry to slash prices, driving foreign competitors out, U.S. Treasury Secretary Scott Bessent told CNBC on Wednesday stateside in an exclusive interview. He characterized the country as having “a nonmarket economy.”In response, the Trump administration will “exercise industrial policy” to set price floors in a range of industries. Price floors are a…

Transgender activist Barfi was brutally shot in the leg at Ghanta Ghar, Peshawar, and is now fighting for her life — a harrowing symbol of the growing fear faced by transgender persons across Khyber-Pakhtunkhwa (K-P). Recent months have also seen assaults on activist Chahat, the murder of Maria, and the fatal shooting of Alisha in Mardan, highlighting a disturbing surge in targeted attacks. At a press conference at the Peshawar Press Club, Transgender Community Organisation President Farzana Riaz and Vice President Mahigul accused police of carrying out illegal evictions while failing to act against extortionists, kidnappers, and killers. “Hamein har…

Antonio Neri, President and CEO of Hewlett Packard Enterprise.Anjali Sundaram | CNBCHewlett Packard Enterprise shares sank 7% in extended trading on Wednesday after the company issued disappointing guidance for its fiscal 2026.At a meeting with analysts, HPE said its adjusted earnings per share for the year would be in the range of $2.20 to $2.40. Analysts were expecting earnings per share of $2.40, according to LSEG. Revenue growth, meanwhile, will be between 5% and 10%, far lower far lower than Wall Street estimates of 17%.HPE, which sells data center equipment, said it plans to focus on several “strategic priorities” aimed…