Author: i2wtc

Several big shots in Cupertino are getting a career change for the holidays.In the last seven days, there has been extraordinary turnover among Apple’s top ranks, from its head of artificial intelligence to its top lawyer.CEO Tim Cook now has two fewer direct reports than he did before Thanksgiving.The executive who designed the software for the Apple Vision Pro also bounced and is heading to Meta to do the same thing for AI glasses in Menlo Park.As if last week’s departures weren’t enough, there was another potential exit over the weekend. Senior vice president of hardware technologies Johny Srouji told…

Minister for Power, Awais Ahmed Leghari, held a meeting with US Ambassador to Pakistan, Natalie Baker, to discuss the ongoing reforms in Pakistan’s power sector and explore potential investment opportunities. During the meeting, Leghari sought Ambassador Baker’s support in engaging US-based multilateral development partners and international financial institutions, including the IMF and the World Bank. He requested their assistance in removing obstacles to the sustainable growth of Pakistan’s power sector, particularly in facilitating structural reforms and improving sectoral performance. Leghari also briefed the Ambassador on the recently launched Surplus Power Package, designed to offer competitively priced electricity to industrial consumers.…

People gather outside the U.S. Supreme Court in Washington, U.S., June 29, 2024. Kevin Mohatt | ReutersConservative U.S. Supreme Court justices signaled on Monday they will uphold the legality of Donald Trump’s firing of a Federal Trade Commission member and give a historic boost to presidential power while also imperiling a 90-year-old legal precedent.The justices heard about 2-1/2 hours of arguments in the Justice Department’s appeal of a lower court’s decision that the Republican president exceeded his authority when he moved to dismiss Democratic FTC member Rebecca Slaughter in March before her term was set to expire. The court, which…

Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a monthslong bidding war for the legacy assets, the company said Monday. Paramount will go straight to WBD shareholders with an all-cash, $30 per share offer. That’s the same bid WBD rejected last week and equates to an enterprise value of $108.4 billion. The offer is backstopped with equity financing from the Ellison family and the private equity firm RedBird Capital as well as $54 billion in debt commitments from Bank of America, Citi and Apollo Global Management, Paramount said in…

Pakistan is peace-loving country. No one will be allowed to undermine our sovereignty, territorial integrity, says CDFCDF Field Marshal Asim Munir addressing guard of honour ceremony held at General Headquarters (GHQ) on Monday in Rawalpindi. Photo: ISPR Chief of Army Staff and Chief of Defence Forces, Field Marshal Asim Munir, issued a stern warning to India, stating that there should not be any misapprehension about Pakistan and its response in future conflicts. “Next time, Pakistan’s reply will be even faster and more intense,” remarked Field Marshal Asim Munir during a guard of honour ceremony held at the General Headquarters on…

Waymo driverless taxi parks in lower Manhattan in New York City, U.S., Nov. 26, 2025. Brendan McDermid | ReutersWaymo, the robotaxi unit owned by Alphabet, has crossed 450,000 weekly paid rides, according to a letter from investor Tiger Global viewed by CNBC.That’s almost double the milestone it hit in April, when Waymo reported 250,000 paid robotaxi rides a week in the U.S. “Waymo is the clear leader in autonomous driving, recently surpassing 450k trips per week with a product that is 10x safer than human drivers,” Tiger Global wrote in a letter to investors announcing the launch of a new…

Mike Cavanagh, President of Comcast Corporation attends the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho. TKevork Djansezian | Getty ImagesComcast’s top brass on Monday pulled the curtain back on the company’s unsuccessful unsuccessful bid for Warner Bros. Discovery, detailing an offer far different from its rival bidders. Mike Cavanagh, Comcast president and soon-to-be co-CEO, walked through the specifics of the proposal —and the company’s thinking — during the UBS Global Media and Communications Conference on Monday, just days after Comcast was knocked out of the bidding war for Warner Bros. Discovery assets. “When…

Thomas Fuller | Lightrocket | Getty ImagesTiger Global Management announced Monday the launch of its latest venture capital fund, Private Investment Partners 17, targeting a raise between about $2 billion and $3 billion, according to a letter to investors viewed by CNBC.The hedge fund wrote that it’s expecting PIP 17 to be similar in “strategy, size and construction” to its earliest vintages and its most recent, PIP 16, which targeted $6 billion but ultimately closed at $2.2 billion.The largest positions in PIP 16 are OpenAI and Waymo.Compared to the megafunds of the early 2020s, the latest target signals a pivot…

An aerial drone photo taken on Dec. 8, 2025 shows a view of Qingdao Port in Qingdao, east China’s Shandong Province. The cargo throughput of Qingdao Port in 2025 surpassed 700 million tonnes on Monday, reaching this milestone 15 days earlier compared to 2024.Qingdao Port has continuously expanded its international logistics network, with nearly 240 routes connecting over 700 ports in over 180 countries and regions worldwide. (Xinhua/Li Ziheng)An aerial drone photo taken on Dec. 8, 2025 shows a view of Qingdao Port in Qingdao, east China’s Shandong Province. The cargo throughput of Qingdao Port in 2025 surpassed 700 million…

With no policy regulating prices for diagnostic tests, patients are forced to rely on labs using unreliable kits KARACHI: As the spread of dengue and malaria once again bedevils people in the port city, diagnostic tests and platelet treatments have become unaffordable for the public. As a result, small laboratories are now conducting tests using low-quality kits that while being light on the pocket produce unreliable results. Hundreds of labs continue operating without registration with inadequately trained staff, which often creates difficulties for patients. Despite the fact that doctors rely heavily on medical test reports when prescribing treatment for vector-borne…