Author: i2wtc

Govini, a defense tech software startup taking on the likes of Palantir, has blown past $100 million in annual recurring revenue, the company announced Friday.”We’re growing faster than 100% in a three-year CAGR, and I expect that next year we’ll continue to do the same,” CEO Tara Murphy Dougherty told CNBC’s Morgan Brennan in an interview. With how “big this market is, we can keep growing for a long, long time, and that’s really exciting.”CAGR stands for compound annual growth rate, a measurement of the rate of return.The Arlington, Virginia-based company also announced a $150 million growth investment from Bain…

Sindh Home Minister Zia-ul-Hasan Lanjar on Friday revealed that two key ringleaders of the Lyari gang war — Wasiullah Lakho and Abdul Samad Kathiawari — are currently residing in Iran, confirming that efforts are underway to bring them back to Pakistan to face trial. Speaking at a press conference at the Karachi Police Office alongside Sindh Inspector General Ghulam Nabi Memon and Additional IG Karachi Javed Alam Odho, Lanjar said the provincial government has written to the Ministry of Interior to issue red warrants for the suspects’ arrest. He said extortion remains a serious issue in Karachi but assured that…

Apple CEO Tim Cook holds a next generation iPhone 17 during an Apple special event at Apple headquarters on Sept. 9, 2025 in Cupertino, California. Justin Sullivan | Getty ImagesApple is in late-stage talks to acquire top talent from computer vision startup Prompt AI, as well as the company’s technology, CNBC has learned.Leadership at Prompt told employees of the pending transaction at an all-hands meeting on Thursday and said that those who don’t end up joining Apple will be paid a reduced salary, and encouraged to apply for open roles at the company, according to audio that was accessed by…

* Tourism is seen as a way for people to better understand Chinese culture and grow more confident in it.* For young Chinese, the rising interest in Guochao, or “China-chic,” has moved beyond visiting cultural heritage sites or buying cultural products. Some are now dedicating their lives to reinventing traditions.* While deepening their interest in China’s own traditions, Chinese people are also eager to explore the cultural heritage of other countries.* Spanning more than 5,000 years, Chinese civilization continues to engage with other cultures and influences the Chinese people in many ways.by Xinhua writers Wang Xiaopeng and Tan YixiaoBEIJING, Oct.…

A 22-year-old was killed and his brother sustained injuries during an exchange of fire between police and carjackers on the Superhighway on Friday. The carjackers fled the scene, but were shot dead later by Jamshoro and Hyderabad police in an encounter on the M9 Motorway in Jamshoro district. The slain youth, identified as Adnan Magsi son of Akbar Magsi, was abducted by the suspects after they snatched the double-cabin SUV he was driving near his home in the Scheme 33, Gulzar-e-Hijri. According to police, suspects, driving a white Corolla, intercepted a double-cabin vehicle in Gulzar-e-Hijri, Scheme 33, and snatched it,…

Jensen Huang, CEO of Nvidia, speaking with CNBC’s Jim Cramer during a CNBC Investing Club with Jim Cramer event at the New York Stock Exchange on Oct. 7th, 2025.Kevin Stankiewicz | CNBCShares of Amazon, Nvidia and Tesla each dropped around 5% on Friday, as tech’s megacaps lost $770 billion in market cap, following President Donald Trump’s threats for increased tariffs on Chinese goods.With tech’s trillion-dollar companies occupying an increasingly large slice of the U.S. market, their declines send the Nasdaq down 3.6% and the S&P 500 down 2.7%. For both indexes, it was the worst day since April, when Trump…

Failure to enforce the National Action Plan agreed upon by all political parties is causing a surge in terrorism, said ISPR Director General Lt Gen Ahmed Sharif Chaudhry, addressing a press conference in Peshawar on the security situation in Khyber-Pakhtunkhwa on Friday. The K-P has been on the frontlines of Pakistan’s counterterrorism campaign for the past two decades, said DG ISPR. When the frequency of terrorist incidents increased again in 2021, security forces gave a “firm and effective” responsive, he said. More Khwarij have been killed in the recent past than in the last nine years combined, added Lt Gen…

Russell Vought, director of the Office of Management and Budget (OMB), speaks to members of the media outside the White House in Washington, DC, US, on Thursday, July 24, 2025. Aaron Schwartz | Bloomberg | Getty ImagesThe Trump administration began laying off federal workers on Friday, the 10th day of the U.S. government shutdown, administration budget chief Russell Vought said in a social media post.”The RIFs have begun,” Vought wrote on X, using the acronym for “Reductions in Force.”The Office of Management and Budget, which Vought leads, soon after confirmed that “RIFs have begun and are substantial.”No other details of…

The Hollywood Burbank Airport air traffic control tower stands in Burbank, California, on Oct. 6, 2025.Mario Tama | Getty ImagesTravelers should prepare for potential flight disruptions this holiday weekend as the government shutdown continues, a group representing the largest U.S. airlines said Friday.Air traffic controller shortages this week delayed flights at some U.S. airports, including in Burbank, California, and Nashville, Tennessee. “It is safe to fly, but ATC staffing shortages strain the system and cause flights to be spaced out, slowing down everything. In some cases, flights may be delayed or even cancelled,” said Airlines for America, whose members include…

Paul J. Ingrassia, nominee to lead the Office of Special Counsel.Source: DHSPresident Donald Trump’s nominee to head the U.S. Office of Special Counsel, Paul Ingrassia, was accused of sexual harassment, Politico reported.Ingrassia, who is currently the White House liaison for the Department of Homeland Security, was investigated in connection with an incident in late July in which he told a lower-ranking female colleague on a business trip that she would be sharing a hotel room with him, Politico reported Thursday. The outlet cited five unnamed administration officials.The woman later “discovered that Ingrassia had arranged ahead of time to have her…