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A drone view shows a sign for Paramount in front of the Hollywood sign in Los Angeles, California, December 8, 2025. Daniel Cole | Reuters Paramount Skydance on Monday launched a hostile takeover bid for Warner Bros. Discovery, following Netflix’s announcement last week that it had reached a deal to buy the HBO owner.The company is “here to finish what we started,” CEO David Ellison told CNBC, upping the ante with a $30-per-share, all-cash offer compared to Netflix’s $27.75-per-share, cash-and-stock offer for WBD’s streaming and studio assets.Investors were certainly pleased, sending Paramount shares 9% higher and WBD’s stock up 4.4%.Another…
A drone view shows the Morelos Dam, which diverts Colorado River water to the Mexicali Valley, as the Mexican government announced an immediate water delivery to Texas farmers to help address a shortfall under a treaty that has strained U.S.-Mexico relations and prompted tariff threats by U.S. President Donald Trump, in Los Algodones, Mexico, April 10, 2025. Victor Medina | ReutersPresident Donald Trump on Monday threatened to impose an additional 5% tariff on Mexico if it doesn’t immediately provide additional water to help U.S. farmers, accusing the country of violating a treaty that outlines water sharing between the neighbors.Under the treaty, Mexico must send…
India is expected to refill reservoirs, which could reduce river’s flow to zero Labourers walk on a bridge near the newly inaugurated 450-megawatt hydropower project located at Baglihar Dam on the Chenab river which flows from Indian Kashmir into Pakistan, at Chanderkote, about 145 km (90 miles) north of Jammu October 10, 2008. REUTERS India has released a surge of water into the Chenab River. According to reports, the flow in the Chenab River has risen to 58,300 cusecs after India released water from their dams. India is expected to refill the dams, which could reduce the river’s flow to…
A humanoid robot conducts box-carrying training at a data collection pre-training center for humanoid robots in Hefei, east China’s Anhui Province, Dec. 4, 2025. (Xinhua/Zhang Duan)BEIJING, Dec. 8 (Xinhua) — In the heart of Shenzhen, the southern engine room of China’s tech boom, a spotless lab behind glass lacks the typical sounds of lathes whirring or conveyor belts moving.Instead, a handful of technicians in white coats are quietly overseeing small-batch production of core components for photonic quantum computers, devices that most nations still keep locked in simulation labs.This lab-factory hybrid, launched last month, is emerging as the country’s latest bid…
The Anti-Corruption Court of Khyber-Pakhtunkhwa, presided over by Judge Asif Rasheed, conducted a hearing in the multi-million rupee government wheat embezzlement case. During the proceedings, the statement of the investigating officer was recorded. The accused have also filed an application seeking acquittal, which the court has adjourned for further hearing until December 16. Additionally, the court has summoned more prosecution witnesses for the next hearing. Charges have been framed against five accused named in the wheat embezzlement scandal. According to the prosecution, the accused include Muhammad Arshad, Muhammad Khalid, Qazi Junaid, Talha Muhammad, and Muhammad Atif. Another accused, Usman Abid…
President Donald Trump on Monday said Nvidia will be allowed to ship its H200 artificial intelligence chips to “approved customers” in China and elsewhere, on the condition that the U.S. gets a 25% cut.Chinese President Xi Jinping “responded positively” to the proposal, Trump wrote in a Truth Social post.The policy “will support American Jobs, strengthen U.S. Manufacturing, and benefit American Taxpayers,” Trump wrote.”The Department of Commerce is finalizing the details, and the same approach will apply to AMD, Intel, and other GREAT American Companies,” he added in the post.Both Nvidia and chip rival AMD, short for Advanced Micro Devices, agreed…
Stellantis plans to offer the Fiat Topolino, an all-electric quadricycle vehicle, in the U.S.StellantisDETROIT – Chrysler parent Stellantis on Monday announced it will offer an all-electric small “car” called the Fiat Topolino in the U.S.The automaker did not announce timing for the vehicle, but Fiat CEO Olivier François confirmed plans to bring the vehicle to the market, with “more details to come next year.”Fiat’s announcement comes less than a week after President Donald Trump praised small “Kei” cars from Japan during a meeting at the White House with Stellantis CEO Antonio Filosa and other U.S. lawmakers and automotive executives.”They’re very…
Authorities plan immediate steps to improve energy access in Gwadar and GB as part of broader power sector reforms Prime Minister Shehbaz Sharif on Monday approved electricity projects for Gwadar and Gilgit-Baltistan while chairing a meeting on ongoing power sector reforms. The prime minister cleared the immediate implementation of a comprehensive plan to address electricity supply issues in Gwadar Port City. He said uninterrupted power supply would support domestic economic activity and investment, adding that improved facilities would help Gwadar’s port develop into a major hub for future economic activity. Sharif also directed that work begin immediately on a 100MW…
China’s artificial intelligence device market is already booming, and in the advanced technology race against the U.S., the country’s expertise in hardware could give it an edge.”The advantage comes from the fundamental root that China is a nation of manufacturing,” Dr. Kai-Fu Lee, CEO of 01.AI and chairman of Sinovation Ventures, told CNBC. “Today, the competition is on the software, the models, the agents, the applications. But soon it will move to devices.”Meta has sold millions of its smart glasses since introducing the specs in 2023, and the Chinese have caught on, with more than 70 Chinese companies creating competing…
Railway sources say cosmetic improvements get priority over essential infrastructure Pakistan Railways continues to face frequent accidents, yet measures to prevent such incidents remain grossly inadequate. According to officials, the administration’s focus has largely shifted towards beautifying railway stations and upgrading train coaches, while critical recommendations made by inquiry committees have been ignored. Officers and staff members found responsible in various investigations have reportedly faced no action and continue to serve without consequence. As a result, passengers remain vulnerable while those tasked with ensuring safety remain undisturbed. Information obtained by The Express Tribune shows that more than 30 minor and…