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Meta Platforms shares were taking a beating in extended hours trading on Wednesday after management raised its expense guidance and took a massive tax charge. Revenue in the three months ended Sept. 30 climbed 26% year over year to $51.24 billion, easily outpacing the consensus estimate of $48.14 billion, according to LSEG. Adjusted earnings per share came in at $7.25 versus the $6.69 consensus, LSEG data showed. That earnings number does not include a nearly $16 billion, or $6.20 per share, one-time income tax charge due to the implementation of President Donald Trump’s One Big Beautiful Bill Act. Bottom line Given the…
Citizens without a CNIC can visit NADRA centre, complete application, receive their card within 15 days The Government of Pakistan has announced a major facility for its citizens, allowing all residents who have turned 18 to obtain their first Computerised National Identity Card (CNIC) without a chip completely “free of charge”. According to the National Database and Registration Authority (NADRA), citizens who do not yet have a CNIC can visit any nearby NADRA centre, complete the application process, and receive their first card within 15 days without paying any fee. حکومتِ پاکستان کی عوام کے لئے بڑی سہولتپہلا شناختی کارڈ…
Signage at Google headquarters in Mountain View, California, US, on Thursday, Oct. 23, 2025. Benjamin Fanjoy | Bloomberg | Getty Images The news is coming in fast and thick. Strap in.First, interest rates.The U.S. Federal Reserve lowered rates by 25 basis points, as expected by traders. But Chair Jerome Powell cautioned that another cut in December, which the market had been pricing in with more than 90% certainty, “is not a foregone conclusion.”His statement threw cold water on the markets, sending most stocks lower and Treasury yields higher.Next, Big Tech earnings.Alphabet, Meta and Microsoft reported earnings that beat analyst expectations…
This undated photo shows Shenzhou-21 crew members Zhang Lu (C), Wu Fei (R) and Zhang Hongzhang. Chinese astronauts Zhang Lu, Wu Fei and Zhang Hongzhang will carry out the Shenzhou-21 crewed spaceflight mission, and Zhang Lu will be the commander, the China Manned Space Agency announced at a press conference on Thursday. (Xinhua)JIUQUAN, Oct. 30 (Xinhua) — Chinese astronauts Zhang Lu, Wu Fei and Zhang Hongzhang will carry out the Shenzhou-21 crewed spaceflight mission, and Zhang Lu will be the commander, the China Manned Space Agency announced at a press conference on Thursday.The Shenzhou-21 crewed spaceship is scheduled to be…
Expanded campaign to target children up to five years of age, experts urge parents to vaccinate children timelyA vial of measles, mumps and rubella vaccine. PHOTO: REUTERS The Expanded Programme on Immunisation Sindh, in collaboration with the UNICEF, held a media briefing in Karachi to announce the upcoming national campaign for the prevention of measles and rubella. The campaign is scheduled from November 17 to 29. Health experts have appealed parents to ensure immunisation of their children aged six months to five years, stressing that timely vaccination is essential to protect them from life-threatening diseases. Additional Project Director EPI Sindh,…
ServiceNow CEO Bill McDermott pushed back against the idea that artificial intelligence technology will make enterprise software redundant in a Wednesday interview with CNBC’s Jim Cramer.”We realize the world needs access to the great hyperscalers, and so we integrated with all three of them. So that’s a cooperative,” McDermott said. “The world’s going to benefit from the large language model providers, but they don’t do what we do.”As AI continues to develop, some on Wall Street are worried that companies will be able to rely solely on automated models — making many enterprise software companies’ products obsolete.ServiceNow makes software for…
PM Shehbaz, President Zardari lauds security forces, says nation takes pride in bravery of its ‘valiant sons’ Six Pakistan Army soldiers, including a captain, were martyred while seven Indian-sponsored terrorists were killed during an intelligence-based operation in Kurram District, the military’s media wing said on Wednesday. According to the Inter-Services Public Relations (ISPR), security forces conducted the operation in the general area of Dogar, Kurram District, after receiving reports about the presence of terrorists belonging to the Indian proxy group Fitna al Khwarij. “During the conduct of the operation, seven Indian-sponsored Khwarij were sent to hell due to effective engagement…
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty ImagesGoogle parent Alphabet is planning a “significant increase” in spend next year as it continues to invest in AI infrastructure to meet the demand of its customer backlog, executives said Wednesday.The company reported its first $100 billion revenue quarter on Wednesday, beating Wall Street’s expectations for Alphabet’s third quarter. Executives then said that the company plans to grow its capital spend for this year.”With the growth across our business and…
A Youtube podcast microphone is seen at the Variety Podcasting Brunch Presented By YouTube at Austin Proper Hotel in Austin, Texas, on March 8, 2025.Mat Hayward | Variety | Getty ImagesYouTube is offering voluntary buyouts with severance for U.S.-based employees as it restructures its product organization to focus more on artificial intelligence.The move comes as Google CEO Sundar Pichai pushes employees to boost productivity by using AI across the company.In an internal memo to staff, YouTube CEO Neal Mohan said the platform is reorganizing its product teams for the first time in a decade.”Looking to the future, the next frontier…
This photo taken on Oct. 29, 2025 shows the opening ceremony of the “2025 Forum on the Development of Xizang, China” in Nyingchi City, southwest China’s Xizang Autonomous Region. The forum held here on Wednesday brought together officials and experts from across the world to share insights and expertise for the region’s sustained progress. (Xinhua/Jiang Fan)LHASA, Oct. 29 (Xinhua) — More than 400 government officials, diplomats, experts from various fields, and enterprise and media representatives from 44 countries and regions gathered on Wednesday in southwest China’s Xizang Autonomous Region to share their insights and expertise for the region’s sustained progress.The…