Author: i2wtc
Mustafa Suleyman, CEO of Microsoft AI and then CEO and co-founder of Inflection AI, speaks during the Axios BFD event in New York on Oct. 12, 2023.Brendan Mcdermid | ReutersMicrosoft on Thursday said it’s forming a team that will be tasked with performing advanced artificial intelligence research.Mustafa Suleyman, CEO of the Microsoft AI group that includes Bing and the Copilot assistant, announced the formation of the MAI Superintelligence Team, and said in a blog post that he’ll be leading it. “We are doing this to solve real concrete problems and do it in such a way that it remains grounded…
KARACHI: Finance Minister Muhammad Aurangzeb emphasised that Pakistan must align competitiveness with sustainability and innovation with inclusion to secure its economic future, as he addressed the opening day of the 9th edition of The Future Summit (TFS) – a well-known thought leadership platform. Speaking at the event, co-hosted by Nutshell Group and the National Bank of Pakistan (NBP) in strategic partnership with Faysal Bank Limited and the Overseas Investors Chamber of Commerce & Industry (OICCI), the finance minister underscored the government’s commitment to “course correction” through coordinated structural reforms, digital transformation, and institutional efficiency. “Structural reforms are being operationalised in…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. US President Donald Trump said he would be imposing tariffs on semiconductor imports “very shortly” but spare goods from companies like Apple Inc. that have pledged to boost their US investments. Photographer: Will Oliver/EPA/Bloomberg via Getty ImagesWill Oliver | Bloomberg | Getty ImagesMeta projected that 10% of its overall sales in 2024, or about $16 billion, came from running online ads for scams and banned goods, according…
U.S. President Donald Trump attends an event to make an announcement from the Oval Office at the White House in Washington, D.C., U.S. Nov. 6, 2025. Jonathan Ernst | ReutersPresident Donald Trump on Thursday announced deals with Eli Lilly and Novo Nordisk to slash the prices of some of their obesity drugs, including upcoming pills, in a landmark effort to expand access to the costly blockbuster treatments.The agreements will cut prices of so-called GLP-1 drugs for Medicare and Medicaid beneficiaries in 2026 and offer the treatments directly to consumers at a discount on a website the Trump administration is launching…
David Sacks, White House AI and Crypto Czar, attends a meeting of the White House Task Force on Artificial Intelligence (AI) Education in the East Room at the White House in Washington, D.C., U.S., September 4, 2025. Brian Snyder | ReutersVenture capitalist David Sacks, who is serving as President Donald Trump’s artificial intelligence and crypto czar, said Thursday that there will be “no federal bailout for AI.””The U.S. has at least 5 major frontier model companies. If one fails, others will take its place,” Sacks wrote in a post on X.Sacks’ comments came after OpenAI CFO Sarah Friar said Wednesday that the startup wants…
LHC Rawalpindi Bench. Photo: File Lahore High Court referred the petition, challenging the military custody and court martial proceedings of PTI founder Imran Khan’s nephew Hassan Niazi, to the Chief Justice Aalia Neelum for the formation of a new bench, after a two-member bench expressed its inability to hear the matter. A division bench headed by Justice Farooq Haider was set to take up the petition filed on behalf of Niazi, but the bench recused itself from hearing the case and directed that the case file be sent back to the Chief Justice for re-fixation before another appropriate bench. Niazi’s…
Court directs CDA, SECP to provide details of Aleema’s properties, companies, shares in her name Aleema Khan, the sister of former Prime Minister and Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan. PHOTO: FILE A non-bailable arrest warrant has been issued by an anti-terrorism court (ATC) in Rawalpindi for Aleema Khan for the eighth consecutive time on Thursday, due to her continued absences. The case being heard in the ATC is registered at Sadiqabad Police Station, which includes charges of protesting against the government, chanting anti-government slogans, vandalism, and stone-pelting. The court directed the Chairman Capital Development Authority and the Islamabad Commissioner…
U.S. President Donald Trump speaks to reporters aboard Air Force One en route to the White House on November 2, 2025 after taking off from Palm Beach International Airport in West Palm Beach, Florida. Samuel Corum | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Tar-iffySupreme Court justices appeared skeptical of the legality of President Donald Trump’s tariffs on Wednesday, when the nation’s highest court heard oral arguments in a case that could determine the levies’ fate.Here’s what to know:Both conservative…
A federal judge in Texas on Thursday dismissed a criminal conspiracy case against Boeing over two crashes of its 737 Max jetliner that killed 346 people, despite expressing sharp skepticism about the wisdom of the Department of Justice’s request that he toss the case.Some families of victims of the crashes had strongly opposed the DOJ’s move in May asking Judge Reed O’Connor to dismiss the case in U.S. District Court in Fort Worth. The DOJ, which had accused Boeing of deceiving federal regulators about a flight-control system implicated in the crashes, at the time of the dismissal request said Boeing…
The ESPN Bet logo on a laptop arranged in New York, US, on Thursday, Feb. 22, 2024. Gabby Jones | Bloomberg | Getty ImagesDisney’s ESPN is swapping out its sports betting partner.In separate releases Thursday, the company said it was terminating its agreement with Penn Entertainment years earlier than planned and had signed an agreement with DraftKings to make it the exclusive official sportsbook and odds provider for ESPN.Both changes take effect in December.”Our betting approach has focused on offering an integrated experience within our products,” ESPN Chariman Jimmy Pitaro said in a statement. “Working with DraftKings, a leader in the…