Author: i2wtc
Pete Hegseth, US secretary of defense, arrives for a medal of honor ceremony in the East Room of the White House in Washington, DC, US, on Monday, March 2, 2026. Jim Lo Scalzo | EPA | Bloomberg | Getty ImagesA tech industry group, whose members include Nvidia, Google and Anthropic, sent a letter to Defense Secretary Pete Hegseth Wednesday expressing concern over his designating a U.S. company a supply chain risk.The letter, written by the Information Technology Industry Council (ITI), doesn’t name Anthropic, though the artificial intelligence company was given that label on Friday after failing to come to terms…
Plumes of smoke rise over the skyline on March 3, 2026 in Tehran, Iran. Majid Saeedi | Getty ImagesSince the U.S. and Israel launched surprise strikes on Iran last weekend, Washington has been keen to stress that the military action will be over in a matter of weeks and won’t turn into a so-called “forever war.” But experts say the U.S. could easily get bogged down in “Operation Epic Fury” if the Iranian regime proves more resilient than expected, and that could mean the conflict drags on.”What we’re seeing is going to be more complicated than the White House may…
The hike will apply to all consumer categories, including K-Electric, except for lifeline consumers The National Electric Power Regulatory Authority (NEPRA) on Wednesday approved a Rs1.62 per unit increase in electricity tariff on account of monthly fuel adjustment charges across the country. The adjustment follows a petition by the Central Power Purchasing Agency (CPPA), which had requested an increase of Rs1.78 per unit for the month of January. According to the notification, the fuel cost adjustment (FCA) will apply to all consumer categories, including K-Electric, except lifeline consumers, protected consumers, electric vehicle charging stations, and prepaid electricity consumers who have…
Todd McKinnon, chief executive officer of Okta Inc., during a Bloomberg Television interview, in London, UK, on Friday, April 11, 2025. Chris J. Ratcliffe | Bloomberg | Getty ImagesOkta topped Wall Street’s fourth-quarter estimates after the bell on Wednesday as the identity management provider capitalizes on demand to secure artificial intelligence agents. Shares rose 3%.Here’s how the company did versus LSEG estimates:Earnings per share: 90 cents adjusted vs. 85 cents expectedRevenue: $761 million vs. $749 million expectedRevenues for the period grew 11% from a year ago. The company reported net income of $63 million, or 35 cents per share, versus…
Legal experts say many countries will consider the attacks unjustified under United Nations Charter The United States military has joined Israel and attacked more than 1,000 targets in Iran and killed many of its top officials, including Supreme Leader Ayatollah Ali Khamenei. Below is a look at the legality of the US attacks, which critics say exceed the president’s authority and fails to comply with international law. What has Trump said? President Donald Trump has provided varying objectives and justifications. He has said he felt Iran was going to strike first and the attack was meant to eliminate imminent threats…
People walk past the logo of Amazon Web Services (AWS) at its exhibitor stall at the India Mobile Congress 2025 at Yashobhoomi, a convention and expo center in New Delhi, India, October 8, 2025. Anushree Fadnavis | ReutersAmazon’s data center in Bahrain was targeted by Iran’s Islamic Revolutionary Guard Corps for the company’s support of the U.S. military, Iranian state media said Wednesday. The company’s cloud computing unit said Monday that one of its facilities in Bahrain was damaged due to a nearby drone strike on Sunday. Two data centers in the United Arab Emirates were also damaged after they…
Christian Menefee and Al Green.Al Drago | Sergio Flores | ReutersThe first round of primary elections is showing how this year’s midterms will be taking place on shifting political ground for incumbents.That was particularly true in Texas — the first state to redraw its congressional districts last year — where incumbent members of Congress have been pushed to runoffs and another has been scuttled from the House altogether.Former Rep. Colin Allred, who abandoned his initial U.S. Senate run to pursue Texas’ 33rd Congressional District, is headed to a runoff with Rep. Julie Johnson, who holds the U.S. House seat that…
There is no reason to be rattled by the surge in bond issuance from hyperscalers, according to Bob Michele, chief investment officer and head of global fixed income at JPMorgan Asset Management. While the market’s focus this week has largely been on the U.S.-Iran conflict , artificial intelligence’s power to disrupt certain businesses has remained a concern for stock investors. While that potential disruption isn’t a big fear in the bond market, credit investors are worried about the boost in issuance from big tech companies racing to invest in AI, according to a recent Bank of America survey. For the…
The fourth session of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC) kicks off at the Great Hall of the People in Beijing, capital of China, March 4, 2026. Chinese President Xi Jinping and other leaders including Li Qiang, Zhao Leji, Cai Qi, Ding Xuexiang, Li Xi and Han Zheng were seated on the rostrum. (Xinhua/Yan Yan)BEIJING, March 4 (Xinhua) — The Chinese People’s Political Consultative Conference (CPPCC) National Committee, China’s top political advisory body, opened its annual session on Wednesday in Beijing.President Xi Jinping and other Party and state leaders, including Li Qiang, Zhao Leji,…
Says military and political leadership in constant contact with Iran and Gulf countries to de-escalate situationRana Sanaullah. PHOTO: FILE Prime Minister’s Adviser on Political Affairs Rana Sanaullah said on Wednesday that Pakistan was acting as a mediator between Saudi Arabia and Iran to defuse tensions, as Tehran targeted US bases in the Gulf region and oil refineries in Saudi Arabia following strikes by the United States and Israel that killed Supreme Leader Ayatollah Khamenei. The US and Israel launched joint strikes in Iran last week that killed 201 and injured over 700. Iranian state media confirmed that Khamenei died while…