Author: i2wtc

The administration of President Donald Trump has announced it will undertake a “comprehensive review” of federal contracts with Harvard University, as part of its crackdown on anti-Semitism in the United States. But critics fear the prestigious Ivy League university is the latest target in a purge of pro-Palestinian voices. On Monday, three departments under Trump’s control — the Department of Education, the General Services Administration and the Health and Human Services Department — issued a press release saying that $255.6m in Harvard contracts and $8.7bn in multi-year grants are slated to come under the microscope. “Harvard has served as a…

LightSource cofounders: CTO Idan Mintz and CEO Spencer PennCourtesy: LightSourceWith President Donald Trump set to impose sweeping tariffs on a wide swath of U.S. trading partners this week, corporate America is awash in uncertainty. LightSource, a San Francisco startup whose software helps companies manage their procurement process, costs and vendor relationships, didn’t know what the president’s tariffs plan would look like before raising its first funding round. But the timing didn’t hurt. LightSource has just closed a $33 million financing, led by Bain Capital Ventures and Lightspeed Venture Partners, with participation from J2 Ventures.”Tariffs and trade winds are shifting so…

President Donald Trump speaks during a swearing-in ceremony in the Oval Office at the White House in Washington, March 28, 2025.Andrew Harnik | Getty ImagesPresident Donald Trump is about to announce his biggest batch of tariffs yet. And while major details about them are shrouded in mystery, one thing is clear: Some trade partners are about to feel a lot more pain than others.Trump is set on Wednesday to unveil “reciprocal tariffs” against other countries that have their own duties on U.S. goods, or other policies that the White House considers unfair trade barriers. He has hyped up the kickoff…

Market uncertainty should “peak” around the Wednesday tariff deadline, according to Evercore ISI.In a note this week, Julian Emanuel wrote investors should resist tariff angst and accumulate stocks.”All you need is a little less uncertainty,” the firm’s senior managing director said Monday on CNBC’s “Fast Money.”Emanuel compares the market pessimism to the March 2023 regional bank failures.”The mood this morning and over the weekend talking with clients and talking with colleagues is as negative as I can remember going back to when Silicon Valley Bank blew up,” he said. “We didn’t know the Fed was going to ‘take care of…

Listen to article Authorities have implemented a special security plan around Adiala jail for three days in anticipation of a possible protest by Pakistan Tehreek-e-Insaf (PTI). According to sources, eight additional security checkpoints have been set up on roads leading to the jail, with approximately 200 officers and personnel deployed under the security plan. Security officials will perform duties in three shifts with SP Saddar Nabeel Khokhar overseeing security arrangements. The measures include assistance from the reserve force, and police personnel have been equipped with anti-riot gear to handle any untoward situation. It should be noted here that the opposition’s push to shake…

Muslims around the world are bidding farewell to the Islamic holy month of Ramadan and celebrating the holiday of Eid al-Fitr. Eid is typically greeted with joy and excitement and is marked with congregational prayers and festivities that usually include family visits, gatherings, outings and new clothes. However, for some, Eid comes amid significant challenges or changes in their communities this year. In Gaza, this will be the second Eid al-Fitr since the start of the war in the enclave. Earlier this month, Israel halted deliveries of food, fuel, medicine and other supplies to the enclave. The military then ended…

Listen to article Senior Pakistan Muslim League-Nawaz (PML-N) leader and Prime Minister’s adviser Rana Sanaullah Khan has declared that the nation’s stance is clear: terrorism will no longer be tolerated. Speaking to the media after Eidul Fitr prayers in Faisalabad, Sanaullah emphasised that the only solution to terrorism is military operations. He stated that the forces behind terrorism, including agents of India and Afghanistan’s RAW, would continue to face strong action, Express News reported. “We are celebrating Eid thanks to the sacrifices of our martyrs. These martyrs and their families are our benefactors, and our nation’s existence is owed to their sacrifices,” said…

The ocean economy doubled between 1995 and 2020, but future growth could be curtailed by multiple threats.The global ocean economy is at risk of major disruption without increased protection, according to the Organisation for Economic Co-operation and Development (OECD). The global ocean economy had grown to a size of $2.3 trillion by 2020, the OECD said in a report issued on Monday, as it called for action to improve sustainability. Climate change, environmental degradation, lagging productivity, and slow digital transformation are intensifying pressures on marine ecosystems and economic potential, the report warns. The oceans provide food security for more than…

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | ReutersAmazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it in more direct competition with OpenAI, Anthropic and other companies that have developed the so-called “agents.”The new model, called Nova Act, is designed to help developers build agents, or AI software that can complete multi-step tasks for users without supervision. Amazon showed Nova Act searching for “apartments by biking distance to the train station”…

Pedestrians on the campus of Indiana University Bloomington in Bloomington, Indiana, US, on Sunday, April 7, 2024. Chet Strange | Bloomberg | Getty ImagesVideo grabs of FBI raid at the home of Luddy School of Informatics, Computing, and Engineering Associate Dean for Research, XiaoFeng Wang.Source: 13WTHR NBC AffiliateAn Indiana U. spokesman responded to questions from CNBC Monday about the couple’s employment status with, “I’ll refer you to the FBI for any information.”An FBI spokeswoman said, “I can confirm the FBI executed federal search warrants at homes in Carmel and Bloomington Friday.””We have no further comment at this time,” the spokeswoman said.There…