Author: i2wtc
Amazon ‘s stock performance hasn’t been much to write home about lately. But CEO Andy Jassy’s latest annual letter to shareholders strengthened our resolve to stick with it. The reason: Amazon is putting a ton of shots on goal, and the company’s track record suggests enough of them will find the back of the net, rewarding our patience once the profits start flowing. Wall Street agreed, at least on Thursday, with shares up 4.5%. While encouraging, the rally only brings the stock back to flat year to date. Amazon’s shots are coming from all over, including a massive AI computing…
The sticker ‘U.S. Army’ seen on a soldier uniform from the 1st Infantry Division, during a military training at Nowa Deba training ground, in Nowa Deba, Poland, on April 12 2023. Artur Widak | Nurphoto | Getty ImagesThe Selective Service System plans to automatically register eligible American men between ages 18 and 26 for a U.S. military draft by December, almost a half-century after compulsory registration for the draft by that group became law, a government filing shows.The SSS’s proposal would implement a requirement passed by Congress in December in the National Defense Authorization Act to include automatic registration for…
People gather at the Magic Kingdom theme park before the “Festival of Fantasy” parade at Walt Disney World in Orlando, Florida, U.S. July 30, 2022. Octavio Jones | ReutersDisney is planning to begin its next phase of cost cutting, which will include as many as 1,000 layoffs, according to a person familiar with the matter. The cost-cutting initiative comes shortly after Josh D’Amaro took the helm as CEO in mid-March. The layoffs are expected to mostly affect Disney’s marketing department, according to the person, who requested to speak anonymously because the moves had not yet been made public. That department…
Erik Isakson | Digitalvision | Getty ImagesMaine is poised to implement the first statewide ban on data center construction, a move that could clear the way for other states to adopt similar measures and pump the brakes on a growing industry.Lawmakers in Maine greenlit the text of a bill this week to block data centers from being built in the state until November 2027. The measure, which is expected to get final passage in the next few days, also creates a council to suggest potential guardrails for data centers to ensure they don’t lead to higher energy prices or other…
Reaffirms Pakistan’s commitment to advance peace efforts, including facilitating dialogue through talksPrime Minister Shehbaz Sharif chairs review meeting on petroleum reserves and public relief measures in Islamabad on Saturday. SCREENGRAB Prime Minister Shehbaz Sharif on Thursday strongly condemned Israel’s ongoing aggression against Lebanon that threatens the ceasefire between the United States and Iran. In a statement on his X account, the premier said he spoke with Lebanon’s PM Nawaf Salam. “I strongly condemned Israel’s ongoing aggression against Lebanon and offered condolences over the loss of thousands of precious lives in Lebanon as a result of these hostilities. “I reaffirmed Pakistan’s…
Kia plans to release a pickup truck for American consumers in the coming years, as the South Korean automaker plots continued growth domestically and globally.The company said Thursday it will add a pickup truck that includes hybrid variants by 2030 as a major expansion of its brand into the highly lucrative U.S. market. At least one hybrid variant is expected to be produced in the U.S., according to a presentation from Kia’s CEO investor day.Detroit automakers General Motors, Ford Motor and Chrysler parent Stellantis dominate U.S. full-size pickup truck sales, however Kia reportedly plans to have its pickup be a…
A teacher plays with children at a kindergarten in Beijing, capital of China, April 1, 2026. (Xinhua/Xie Han)* Advancing the high-quality, efficient development of the service sector is vital to building a modern industrial system, a key strategic priority for the country over the next five years.* Fostering a stronger and more efficient service sector is crucial to boosting domestic demand, improving people’s quality of life and creating jobs.* China is making the service sector a key focus in expanding high-standard opening up, attracting high-quality global service providers to deepen their presence in the domestic market and sharing development opportunities…
NATO Secretary General Mark Rutte reacts during a one-on-one interview with Reuters on the Iran crisis and Ukraine war, at the Alliance headquarters in Brussels, Belgium March 5, 2026. Yves Herman | ReutersNATO Secretary General Mark Rutte has briefed some capitals that U.S. President Donald Trump wants concrete commitments within the next few days for help securing the Strait of Hormuz, two European diplomats told Reuters on Thursday.Rutte met with Trump in Washington on Wednesday, amid tensions within the alliance over the Iran war.”We note the frustration in Washington, but they did not consult allies either before or after starting…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025.David Paul Morris | Bloomberg | Getty ImagesAlmost 10 months after Meta spent billions of dollars to bring in Scale AI’s Alexandr Wang as the centerpiece of Mark Zuckerberg’s AI overhaul, the company finally revealed its first new model on Wednesday. One big question is — will users pay for it?While rivals like OpenAI, Anthropic and Google have spearheaded the artificial intelligence boom with powerful models and popular…
Police officers walk past the Supreme Court of Pakistan building, in Islamabad, Pakistan April 6, 2022. REUTERS ISLAMABAD: The Supreme Court expressed concern over the increase in sororicidekilling of sistertragedies in society. While upholding the life imprisonment of a man who murdered his sister, the SC noted that sororicide is an unnatural breach of trust that reverberates through the community’s conscience. “Alarmingly, such tragedies are becoming increasingly visible in our society, shattering families and leaving society itself to grapple with the loss of its most fundamental bonds,” said in a five-page judgment authored by Justice Ishtiaq Ibrahim Justice Ibrahim was…