Author: i2wtc
Clara Shih, who’s now head of business AI at Meta., speaks during the 2024 Dreamforce conference in San Francisco, California, US, on Tuesday, Sept. 17, 2024.David Paul Morris | Bloomberg | Getty ImagesHubSpot announced on Wednesday that Clara Shih, Meta’s head of business AI, has been added to the software company’s Board of Directors.Shih joined Meta last year to lead its artificial intelligence product team, which develops AI tools for businesses, like its digital assistant dubbed Business AI, which debuted last month. She was previously CEO of Salesforce AI. While parts of the tech universe are seeing a big bump…
Nepra officials warned Gepco over the illegal installation of Advanced Metering Infrastructure (AMI) on small meters. They said that the company was installing AMI without approval of the regulator and even without data backup. Photo: file ISLAMABAD: Power distribution companies (DISCOs) have sought the imposition of fixed charges on solar net metering in an apparent move to recover losses. In terms of fixed charges on electricity units exported by net metering users to the extent of transmission and distribution charges, the National Electric Power Regulatory Authority (Nepra) may impose such a levy, said Multan Electric Power Company (Mepco) and Gujranwala…
Elon Musk, CEO of Tesla Inc., arrives at the Tesla plant in Gruenheide, Germany, on March 13, 2024.Krisztian Bocsi | Bloomberg | Getty ImagesTesla sold just 750 electric vehicles in Germany for October 2025, less than half of what it sold a year ago, according to data out Wednesday from the country’s federal transport authority, known as KBA.In October last year, Tesla sold 1,607 EVs in Germany.KBA data shows 434,627 new battery electric vehicles year to date, the KBA data said, up nearly 40% from the same period last year. Of those EVs, 15,595 were Teslas, a decline of 50%…
Flights cancelled, delayed, as engineers cite lack of airworthiness; demand pay hikes, improved working conditions Pakistan International Airlines (PIA) passenger plane sits on tarmac, as seen through a plane window, at the Islamabad International Airport, Islamabad, Pakistan October 27, 2024. Photo: Reuters/ File The ongoing dispute between the national airline and its aircraft engineers has led to widespread flight disruptions, with dozens of flights delayed and several cancelled. Engineers stated they only issue flight clearances once they are fully satisfied with an aircraft’s safety, emphasising that aircraft are cleared for departure only once deemed airworthy. Six aircraft engineers stationed at…
A pedestrian walks past Amazon Ireland corporate offices in Dublin, as Amazon.com, Inc., said on Tuesday it plans to cut its global corporate workforce by as many as 14,000 roles and seize the opportunity provided by artificial intelligence (AI), in Dublin, Ireland, Oct. 28, 2025. Damien Eagers | ReutersA new bipartisan bill seeks to provide a “clear picture” of how artificial intelligence is affecting the American workforce.Sens. Mark Warner, D-Va., and Josh Hawley, R-Mo., on Wednesday announced the AI-Related Job Impacts Clarity Act. It would require publicly traded companies, certain private companies and federal agencies to submit quarterly reports to…
The Amazon Prime logo on a package in Manhattan, New York City, on Sept. 16, 2023.Michael Kappeler | Picture Alliance | Getty ImagesTariffs imposed by the Trump administration have given the country’s retailers another cost to manage during a period of persistent inflation.While many are navigating the change with limited price increases, marketplace giant Amazon is hiking more than others.Price increases are common for retailers trying to blunt higher costs from tariffs. Companies including Walmart and Target have said they are employing a portfolio approach to pricing following the tariff hikes, meaning they have raised prices on some items but…
Despite decline, trading activity remained strong, with volumes reaching 860m shares, traded value standing at Rs34.8b The Pakistan Stock Exchange lost further ground as the benchmark KSE-100 index fell by more than 1,700 points, mainly due to the absence of major triggers to encourage investors to build new positions. A day earlier, the market had shed 1,521 points, driven by profit-taking at higher valuations. Although trading opened positively and stayed in the green for a short time, the market began to decline before midday. The index hit an intra-day low of 159,217 points later in the session and closed slightly above that…
Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025. Patrick T. Fallon | Afp | Getty ImagesParamount Skydance has a clear holiday wish this year: acquiring Warner Bros. Discovery. Fittingly, it may have to wait until Christmas to find out if Santa Zaslav delivers.Warner Bros. Discovery is openly for sale and intends to publicly announce its plans toward the middle or end of December, according to people familiar with the matter, who asked not to be named because the discussions are private. The legacy media giant, run by Chief Executive Officer…
At present, 64 votes are required in the Senate to pass any constitutional amendment The capital is abuzz with political frenzy as the much-discussed 27th Constitutional Amendment is poised to be tabled in the Senate this Friday. With the Pakistan Peoples Party (PPP) set to take up the matter tomorrow during its executive committee meeting slated for tomorrow, two questions appear to dominate all circles: what will the final draft of the Amendment contain, and can it realistically win passage, given the fragile coalition that underpins the current parliamentary set-up? Deliberations on the 27th Amendment began soon after the 26th…
A trader works at the New York Stock Exchange on Nov. 3, 2025. NYSEThis 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. Shock valueStocks sold off yesterday amid investor concerns about the valuations of artificial intelligence companies. Leading the losses were shares of Palantir, which dropped 8% in the session despite a positive earnings report on Monday.Here’s what to know:The valuation concerns are not new for Palantir, which currently has a forward price-to-earnings ratio of 254. For comparison, Nvidia has a forward price-to-earnings…