Author: i2wtc
Speaker of the House Mike Johnson (R-LA) and Senate Majority Leader John Thune (R-SD) walk into Statuary Hall for a news conference about the ongoing federal government shutdown at the U.S. Capitol on Oct. 3, 2025 in Washington, DC.Chip Somodevilla | Getty ImagesThe Senate on Friday is poised to vote once again on dueling funding bills that would end the three-day-old government shutdown before it stretches into next week.But there is little indication that either Republicans’ “clean” resolution, which would resume funding at current levels through late November, or Democrats’ version, which includes additional health-care funding and other measures, will…
DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase ended in September.New data provided to CNBC from Motor Intelligence shows U.S. sales of EVs, excluding hybrids, topped 1 million units through the first nine months of the year and set a new quarterly record of more than 438,000 units sold during the third quarter — achieving market share of 10.5% for the period.That record market share is up from 7.4% during the…
Inside Google’s quantum computing lab in Santa Barbara, California.CNBCQuantum computing stocks are wrapping up a big week of double-digit gains.Shares of Rigetti Computing, D-Wave Quantum and Quantum Computing have surged more than 20%. Rigetti and D-Wave Quantum have more than doubled and tripled, respectively, since the start of the year. Arqit Quantum skyrocketed more than 42% this week.The jump in shares followed a wave of positive news in the quantum space.Rigetti said it had purchase orders totalling $5.7 million for two of its 9-qubit Novera quantum computing systems. The owner of drugmaker Novo Nordisk and the Danish government also invested…
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday, appreciating the “dignified” participation of Pakistani nationals in Sumud Gaza Flotilla, demanded their return as they were intercepted on their way to Gaza to supply the humanitarian aid. The prime minister, in a post on X, appreciated the Pakistani nationals including Mushtaq Ahmed Khan, Mazhar Saeed Shah, Wajahat Ahmed, Dr Osama Riaz, Ismail Khan, Syed Aziz Nizami and Fahad Ishtiaq, among other Pakistanis, who took part in this great humanitarian mission in accordance with the principles of human compassion. “This initiative represents the peace-loving aspirations of the Pakistani people, their struggle for justice,…
JERUSALEM: Israel faced international condemnation and protests on Thursday after its military intercepted almost all of about 40 boats in a flotilla carrying aid to Gaza and took captive more than 450 foreign activists, including Swedish campaigner Greta Thunberg. Cameras broadcasting live feeds from the boats showed armed Israeli soldiers in helmets and night vision goggles boarding the ships, while passengers huddled in life vests with their hands up. A video from the Israeli foreign ministry showed Thunberg, the most prominent of the passengers, sitting on a deck surrounded by soldiers. Pro-Palestinian demonstrators took to the streets in cities across…
Cfoto | Future Publishing | Getty ImagesOpenAI’s new artificial intelligence video app Sora has already grabbed the top spot in Apple’s App Store as its number one free app, despite being invite-only.Sora, which was launched on Tuesday, allows users to create short-form AI videos and share them in a feed. The app is available to iPhone users but requires an invite code to access.Here’s how to snag a Sora app invite code:First, download the app from the iOS App Store. Note that Sora requires iOS 18.0 or later to be downloaded.Login using your OpenAI account.Click “Notify me when access opens.”A…
Signage for Palantir is seen during the Association of the United States Army annual meeting and exposition at the Walter E. Washington Convention Center in Washington on Oct. 14, 2024.Nathan Howard | ReutersThe much-needed modernization of the U.S. Army’s battlefield communications network being undertaken by Anduril, Palantir and others is rife with “fundamental security” problems and vulnerabilities, and should be treated as a “very high risk,” according to a recent internal Army memo.The two Silicon Valley companies, led by allies of U.S. President Donald Trump, have gained access to the Pentagon’s lucrative flow of contracts on the promise of quickly providing…
Fifth Wall co-founder and CEO Brendan Wallace.Courtesy of Fifth WallA 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.As with much of the real estate industry, property technology, generally defined as the use of tech and software to make real estate and property management more efficient, took a big hit in recent years. Higher interest rates, a capital market…
David Solomon, chief executive officer of Goldman Sachs.Bloomberg | Bloomberg | Getty ImagesStock markets are due a “drawdown” in the next year or two after years of being propelled to record highs by an AI frenzy, according to Goldman Sachs CEO David Solomon.”Markets run in cycles, and whenever we’ve historically had a significant acceleration in a new technology that creates a lot of capital formation, and therefore lots of interesting new companies around it, you generally see the market run ahead of the potential … there are going to be winners and losers,” he said at Italian Tech Week in…
ISLAMABAD: Personnel of the Islamabad police stormed the capital’s National Press Club on Thursday evening, damaging property and subjecting journalists to violencean unprecedented move that sparked an outcry of indignation. Eyewitnesses reported that armed police officials suddenly entered the premises of the press club, vandalized equipment, and physically attacked several journalists. They said a number of media professionals were injured as a result of the assault. Following the incident, journalists staged a strong protest outside the National Press Club. Members of political and social organizations also joined the demonstration. Protesters demanded immediate and strict action against the police personnel and…