Author: i2wtc

Greg Fleming, Rockefeller Capital Management president and CEO, speaks during CNBC’s ‘Squawk Box’ on July 10, 2025.CNBCRockefeller Capital Management, the wealth manager born from John D. Rockefeller’s family office, has raised new funds from investment firms of other ultra-rich families, CNBC has learned.On Tuesday, Rockefeller plans to announce the recapitalization and its new valuation of $6.6 billion, up from $3 billion in 2023. The terms of the recapitalization, which traditionally use equity or debt to fund growth, strengthen the balance sheet, or provide liquidity to investors, were not disclosed.The recapitalization was led by Mousse Partners, the family office of Chanel’s…

Salesforce CEO Marc Benioff participates in an interview during the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.Chris Ratcliffe | Bloomberg | Getty ImagesSalesforce is ramping up partnerships with leaders in generative artificial intelligence as investors continue to fear that the software company faces business risks due to the rapid growth of AI.Just ahead of its annual Dreamforce conference in San Francisco, Salesforce said Tuesday it will enable the use of AI models from OpenAI and Anthropic inside its Agentforce 360 software. A day earlier, Salesforce expanded Agentforce beyond text chats to also handle voice calls.”The way people…

PESHAWAR: The election of Sohail Afridi as the new Chief Minister of Khyber-Pakhtunkhwa (K-P) has plunged the province into a full-blown legal and political controversy, with opposition parties, legal experts, and the governor’s office openly questioning the legitimacy of the process. What began as a routine change of leadership has swiftly escalated into a test case for constitutional procedure – specifically, the interpretation of Article 130(8) of the Constitution, which governs the resignation of chief ministers – and the limits of gubernatorial authority. On Monday, Afridi, a Pakistan Tehreek-e-Insaf (PTI) loyalist and close political follower of party founder Imran Khan,…

U.S. President Donald Trump gestures as he poses next to a sign before a family photo at a world leaders’ summit on ending the Gaza war, amid a U.S.-brokered prisoner-hostage swap and ceasefire deal between Israel and Hamas, in Sharm el-Sheikh, Egypt, Oct. 13, 2025. Suzanne Plunkett | ReutersU.S. President Donald Trump was in a bullish mood as he and other global leaders in Egypt signed on Monday the first phase of the Gaza ceasefire agreement, seen as a precursor to a possible peace deal between Hamas and Israel.”This took 3,000 years to get to this point, can you believe…

Chinese President Xi Jinping meets with Sri Lankan Prime Minister Harini Amarasuriya, who is in Beijing for the Global Leaders’ Meeting on Women, at the Great Hall of the People in Beijing, capital of China, Oct. 14, 2025. (Xinhua/Li Xiang)BEIJING, Oct. 14 (Xinhua) — Chinese President Xi Jinping on Tuesday met with Sri Lankan Prime Minister Harini Amarasuriya, who is in Beijing for the Global Leaders’ Meeting on Women.Noting that China and Sri Lanka boast a long traditional friendship, Xi said that China stands ready to work with Sri Lanka to carry forward this friendship, expand mutually beneficial cooperation, jointly…

ISLAMABAD: When the Afghan Taliban returned to power in August 2021, Pakistan emerged as its biggest backer as it advocated deeper engagement with the new Kabul rulers and worked tirelessly to seek its international legitimacy. Pakistan’s efforts stemmed from the fact that it enjoyed close and historic ties with the group and was confident that under the Taliban government, relations with Afghanistan would only improve. Islamabad’s biggest concern remained the use of Afghan soil by groups such as the Tehreek-e-Taliban Pakistan (TTP) and its affiliates. Pakistan felt that previous administrations of Karazi and Ghani were probably complicit in allowing these…

Sam Altman didn’t set out to compete with Nvidia. OpenAI began with a simple bet that better ideas, not better infrastructure, would unlock artificial general intelligence. But that view shifted years ago, as Altman realized that more compute, or processing power, meant more capability — and ultimately, more dominance. On Monday morning, he unveiled his latest blockbuster deal, one that moves OpenAI squarely into the chipmaking business and further into competition with the hyperscalers.OpenAI is partnering with Broadcom to co-develop racks of custom AI accelerators, purpose-built for its own models. It’s a big shift for a company that once believed intelligence…

Dana Walden and Josh D’Amaro.Michael Buckner | Errich Petersen | Getty ImagesAs 2025 enters its final months, Disney inches closer to the announcement the entire entertainment industry has been waiting for — who will take over for Bob Iger as the company’s next CEO.Disney has publicly stated it will name Iger’s successor in early 2026. Two internal candidates stand out as the most likely contenders: Disney Entertainment co-chairman Dana Walden and Disney Experiences chairman Josh D’Amaro. Walden brings decades of Hollywood expertise; D’Amaro worked in consumer products before his elevation in the theme parks division all the way up to…

US President Donald Trump lauded the efforts of Pakistan’s Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, among other world leaders, for their role in achieving the Gaza peace agreement. Speaking at a press conference following the signing of the Gaza Peace Agreement in Sharm El Sheikh on Monday, Trump praised PM Shehbaz and the Chief of Army Staff, referring to him as “my favourite Field Marshal.” He later invited Shehbaz to share his views on the peace initiative. براہِ راست: وزیراعظم کی شرم الشیخ، مصر میں منعقدہ امن سربراہی اجلاس میں شرکت https://t.co/2HInBLfXt4 — Government of Pakistan (@GovtofPakistan)…

Chinese President Xi Jinping meets with Prime Minister of Mozambique Maria Benvinda Delfina Levi, who is in Beijing for the Global Leaders’ Meeting on Women, at the Great Hall of the People in Beijing, capital of China, Oct. 14, 2025. (Xinhua/Zhai Jianlan)BEIJING, Oct. 14 (Xinhua) — Chinese President Xi Jinping on Tuesday met with Prime Minister of Mozambique Maria Benvinda Delfina Levi, who is in Beijing for the Global Leaders’ Meeting on Women.Xi said that the traditional friendship between China and Mozambique has been as solid as a rock since the two countries established diplomatic relations 50 years ago.China stands…