Author: i2wtc

Meta won its high-profile antitrust case against the Federal Trade Commission, which had accused the company of holding a monopoly in social networking. In a memorandum opinion released Tuesday, Judge James Boasberg of the U.S. District Court in Washington, D.C., said the FTC failed to prove its argument. The case, initially filed by the FTC five years ago, centered on Meta’s acquisitions of Instagram and WhatsApp.”Whether or not Meta enjoyed monopoly power in the past, though, the agency must show that it continues to hold such power now,” Boasberg said in the filing. “The Court’s verdict today determines that the…

One terrorist was killed when an improvised explosive device (IED) he was installing near Doh Ghoda Bridge in Bannu detonated prematurely on Tuesday, while his injured accomplice fled towards a nearby residential area, police said. No civilian casualties were reported, and the bridge, a key route for travellers from Bannu and Miranshah to Peshawar, remained undamaged. The area has been cordoned off, and a search operation is underway to apprehend the injured terrorist. Read: FC soldier freed by terrorists in Bannu Police collected evidence at the scene and are working to identify the deceased terrorist. The bridge, located about 2km…

Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. The S & P 500 is on pace for its fourth straight losing session as AI-related stock valuations continue to concern investors. It would mark the broad-based index’s worst stretch since August. Bitcoin also briefly fell below $90,000 before rebounding. “These are the days where you have to watch [the stock market] go down and you look at your stocks and try to find which ones you want to buy more of,” Jim said. According to…

City set for major changes as police introduce reforms to cut accidents and improve flow Karachi commuters may soon notice major changes on the city’s roads as the Karachi Traffic Police rolls out a series of reforms aimed at reducing accidents and improving traffic flow. DIG Traffic Karachi Peer Muhammad Shah shared details of the initiatives at the Karachi Chamber of Commerce and Industry on Monday, highlighting how technology and stricter enforcement will transform daily travel. Smart traffic management A central part of the plan is the Karachi Traffic Management Company (KTMC), which will oversee traffic engineering in the city.…

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks continued their recent declines Tuesday as megacap tech lagged on worries about valuations within the artificial intelligence trade. The S & P 500 was on track for its worst losing streak since August as it closed in on its fourth consecutive session of losses. Club stocks Amazon and Microsoft weighed on the market, shedding 4% and 2.7%, respectively, in the afternoon. Club holding Nvidia ‘s 1.5% drop didn’t help…

Two new CIP lounges, three spacious waiting halls have been added among other facilities One of Pakistan’s busiest railway stations has just been given the kind of facelift passengers have been waiting for. Karachi Cantt Station — the heart of the city’s rail network — has been upgraded with a fresh set of modern, passenger-friendly facilities, and Prime Minister Shehbaz Sharif inaugrated them on Monday. Walk into the station now and the changes are hard to miss. Two new CIP lounges and three bright, spacious waiting halls have been added to make travel a little less stressful, while executive-level washrooms…

U.S. President Donald Trump speaks during a bilateral meeting with Crown Prince and Prime Minister Mohammed bin Salman of Saudi Arabia in the Oval Office of the White House on Nov. 18, 2025 in Washington, DC.Win McNamee | Getty ImagesPresident Donald Trump on Tuesday called for ABC News’ broadcast license to be revoked as he lashed out at one of the network’s reporters who asked him why he has chosen not to release the government’s files on notorious sex offender Jeffrey Epstein.”I think you are a terrible reporter,” Trump said in the Oval Office, saying he took issue with the…

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.The U.S. office market has been in a tailspin since the start of the pandemic, when workers were first ordered home. Some, especially younger workers, never came back — leaving many office buildings half full or empty. The overall vacancy rate for offices, however, fell 20 basis points in the…

23 terrorists were killed in Bajaur and Bannu, while 15 were eliminated in separate intelligence-based operations Security forces have killed 38 terrorists linked to the India-backed ‘Fitna al-Khawarij’ in a series of intelligence-based operations conducted between November 15 and 17 in Khyber-Pakhtunkhwa, the Inter-Services Public Relations said on Tuesday. The ISPR mentioned that 23 terrorists belonging to ‘Indian Proxy Fitna-al-Khawarij’ were killed in two separate opertions in the province between November 16 and 17. The state uses the term ‘Fitna-al-Khawarij’ for terrorists affiliated with the banned Tehreek-e-Taliban Pakistan (TTP). Acting on intelligence reports regarding the presence of terrorists, security forces…

A Zoox autonomous robotaxi in San Francisco, California, US, on Wednesday, Dec. 4, 2024. David Paul Morris | Bloomberg | Getty ImagesZoox on Tuesday began allowing select San Francisco users to hail its driverless vehicles, pitting the Amazon-owned robotaxi service against Alphabet’s Waymo in the same market for the first time.Riders can sign up to join the “Zoox Explorers” program to take free rides in the company’s box-shaped vehicles in certain San Francisco neighborhoods, including SoMa and the Mission and Design districts, the company said.Zoox will take users off the waitlist depending on their location and as it adds more…