Author: i2wtc

The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty ImagesA sector-wide pullback hit Asian chip stocks Friday, led by a steep decline in SoftBank, after Nvidia’s sharp drop overnight defied its stronger-than-expected earnings and bullish outlook.SoftBank plunged more than 10% in Tokyo. The Japanese tech conglomerate recently offloaded its Nvidia shares but still controls British semiconductor company Arm, which supplies Nvidia with chip architecture and designs.SoftBank is also involved in a number of AI ventures that use Nvidia’s technology, including the $500 billion Stargate project for data…

Nobel laureate Joseph Stiglitz speaks during an interview with Xinhua in Hong Kong, south China, Nov. 18, 2025.  (Xinhua/Chen Duo)HONG KONG, Nov. 21 (Xinhua) — China’s opening-up policy will continue to drive economic growth, although its role will differ from that of previous decades, said Nobel laureate Joseph Stiglitz.In an exclusive interview with Xinhua, the renowned U.S. economist shared his insights on China’s economic achievements, expressing firm optimism about the prospects of the world’s second-largest economy.Stiglitz visited Hong Kong for the International Forum on China’s Economy and Policy, which was organized by Chief Executive’s Policy Unit of the Hong Kong…

The Islamabad High Court has sent a case of the Prevention of Electronic Crimes Act, over a false image of the prime minister filed against Pakistan Tehreek-e-Insaf leader Shandana Gulzar, to the chief justice, seeking consolidation with a previously pending PECA case against the accused. The image in question is a fake image of PM Shehbaz shaking hands with Israeli Prime Minister Netanyahu. The previous case in question, also filed under PECA 2016 last year, alleged that Shandana made anti-state statements, which was already being challenged in the IHC. The National Cyber Crimes Investigation Agency (NCCIA) had registered the case…

CM Murad informs delegation that all obstacles in the project have been removed, work would now accelerateThe Sindh High Court is hearing a petition regarding the awarding of the contract for the construction of University Road to an unqualified private contractor. PHOTO: FILE Development projects underway in Sindh with Asian Development Bank support were reviewed by ADB and the Sindh government, including the BRT Red Line, urban transport schemes, infrastructure initiatives and climate resilience projects. ADB Country Director Emma Fan met with the chief minister at the Chief Minister’s House, accompanied by her delegation. Transport Minister Sharjeel Memon briefed the…

An electric air taxi by Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023.Roselle Chen | ReutersAir taxi maker Joby Aviation in a new lawsuit accused competitor Archer Aviation of using stolen information by a former employee to “one-up” a partnership deal with a real estate developer.”This is corporate espionage, planned and premeditated,” Joby said in the lawsuit filed Wednesday in a California Superior Court in Santa Cruz, where the company is based.The lawsuit alleges that Joby’s then-U.S. state and local policy lead, George Kivork, downloaded dozens of files and sent some…

Teachers and children show emoji and greeting cards made to celebrate the upcoming World Hello Day, which falls on Nov. 21 annually, at a kindergarten in Qinyang, central China’s Henan Province, Nov. 19, 2025. (Photo by Yang Fan/Xinhua)A teacher and children greet each other to celebrate the upcoming World Hello Day, which falls on Nov. 21 annually, at a kindergarten in Shijiazhuang, north China’s Hebei Province, Nov. 20, 2025. (Photo by Chen Qibao/Xinhua)Volunteers and children greet each other to celebrate the upcoming World Hello Day, which falls on Nov. 21 annually, at a kindergarten in Binhai New Area, north China’s…

Two police personnel were martyred and four others injured on Thursday when an improvised explosive device struck an armoured personnel carrier near Kari Malang on the Hathala–Galoti Road, officials said. Police said an unidentified terrorist detonated the roadside bomb as an APC from the Takwara police post passed through the area. Constable Saifur Rehman and Ramzan, the APC driver, were killed in the explosion. The injured were identified as Mehmood Alam, Asif Rehman, Kifayat, and Shahid, an FC havaldar. They were shifted to a nearby hospital. Security forces later cordoned off the area and launched a search operation. The blast…

OpenAI is partnering with Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, to design and build artificial intelligence data center components in the U.S., the AI startup’s latest announcement tied to its massive infrastructure development plans. While no financial terms were disclosed, OpenAI said in Thursday’s announcement that it will have early access to evaluate the systems Foxconn produces, and the option to purchase them. The companies said the goal is to accelerate the deployment of infrastructure while securing long-term U.S. capacity.Under the agreement, OpenAI and Foxconn will co-develop multiple generations of AI servers in parallel, while manufacturing core components…

Companies are replacing entry-level jobs with artificial intelligence — and, in the process, are upending the traditional route to career advancement for many young, white-collar workers, according to labor and AI experts.Typically, new entrants to the job market do grunt work with relatively low stakes — think research or data entry jobs, for example. They acquire skills over years while working alongside more seasoned colleagues, ultimately becoming experts themselves and climbing into managerial roles. This “expert-novice” approach to skill-building has existed for 160,000 years, said Matt Beane, author of “The Skill Code: How to Save Human Ability in an Age…

11 arrest warrants cancelled, 15 frozen accounts to be restored, property seizures halted. Aleema Khan appeared in a Rawalpindi anti-terrorism court for her November 26 hearing on Thursday, after threats of property seizure, frozen bank accounts, a blocked CNIC and passport, and 11 arrest warrants. However, government counsel Zaheer Shah did not let the hearing proceed without raising the issue of Aleema’s continued absence, raising strong objections in court. The prosecutor noted that more than a month had passed since charges were framed against Aleema Khan, yet she had remained consistently absent. No request for exemption from attendance had been submitted…