Author: i2wtc

Tyler Winklevoss, CEO and co-founder of Gemini Trust Co., left, and Cameron Winklevoss, president and co-founder of Gemini Trust Co., speak during the Bitcoin 2021 conference in Miami, Florida, on June 4, 2021.Eva Marie Uzcategui | Bloomberg | Getty ImagesGemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has secured Nasdaq as a strategic investor ahead of its initial public offering this week, CNBC has confirmed.Nasdaq plans to invest $50 million in the crypto company in a partnership that will allow the stock exchange to offer Gemini’s custodial services to its financial institution clients. Gemini will also become a…

Sarah Friar, CFO of OpenAI, appears on CNBC’s Squawk Box on August 20, 2025. CNBCOpenAI finance chief Sarah Friar is sending a warning signal for companies and professionals to adopt artificial intelligence if they want to keep an edge.”The people who will get left behind are not embracing AI fast enough,” she said during an appearance at Goldman Sachs’ Communacopia + Technology Conference on Tuesday.Individuals harnessing AI to their full potential represent one of the biggest threats to businesses, she said, adding that it is “someone who’s using AI deeply that’s going to disrupt you.”The comments from Friar come as…

RAWALPINDI/ISLAMABAD/ PAKISTAN: Aleema Khan strongly condemned the violence against journalists, speaking to the media near Adiala road, Dahgal Naka, Rawalpindi. She accused certain elements of intentionally provoking and escalating the situation. “When someone is sent intentionally, that is not journalism,” she added, “It was done on purpose to incite people.” Read: Journalist assaulted outside Adiala after Aleema query Aleema Khan defended her business interests against allegations, challenging critics to provide evidence. “It is a journalist’s job; if they have proof, they should bring it forward,” she stated, “I am saying my property is from my rightful, lawfully-earned money.” She dismissed…

A next-generation iPhone 17 is held during an Apple special event at Apple headquarters in Cupertino, California, on Sept. 9, 2025.Justin Sullivan | Getty Images News | Getty ImagesApple increased the starting price of one of its iPhone models and replaced another with a pricier device on Tuesday, as analysts and investors widely expected.Apple’s iPhone 17 Pro now starts at $1,099. That’s $100 more than last year’s iPhone 16 Pro.Apple also replaced last year’s $899 iPhone 16 Plus in its lineup with a new thin and light device called the iPhone 17 Air, which starts at $999, or $100 more.Apple…

The Supreme Court on Tuesday granted the Trump administration’s request to hear its appeal of lower court rulings that many of President Donald Trump’s wide-ranging tariffs are illegal.The Supreme Court also agreed with the administration’s request to consider the appeal on a faster-than-normal timeline.The court said it would hear oral arguments in the first week of its November argument session.The Trump administration, in asking for the expedited appeal, had warned that the Treasury Department could be forced to refund between $750 billion and $1 trillion in collected tariffs if the Supreme Court waited until next June to issue a decision…

The Cracker Barrel logo is seen on a billboard outside of one of its restaurants. Paul Weaver | Lightrocket | Getty ImagesThe Old Country Store look is back.Cracker Barrel announced Tuesday that it was suspending all restaurant remodels, the latest chapter in the controversy over its rebranding that reached as far as the Oval Office.The restaurant chain first ignited a firestorm when it announced its new logo in late August, which disposed of its “Uncle Herschel” character and got rid of the words “Old Country Store” for a sleeker look. That change faced widespread backlash on social media, including from…

KARACHI: As Pakistan emerges among the top five global users of Artificial Intelligence (AI) tools, its rapid adoption is reshaping jobs and the economy, prompting urgent calls for ethical guidelines and pragmatic policy frameworks. According to a survey published by the Schwartz Reisman Institute for Technology and Society, the Pakistani nation is ranked fourth worldwide for utilising AI tools and applications, as per a survey of 21 countries. The study shows Pakistanis hold a largely positive outlook on AI, though its rapid adoption is also reshaping jobs and sparking calls for ethical frameworks and policy interventions. India led the survey…

Thomas Kurian, CEO of Google Cloud, speaks at a cloud computing conference held by the company in 2019.Michael Short | Bloomberg | Getty ImagesGoogle’s cloud chief Thomas Kurian on Tuesday explained how the tech giant is already monetizing its various artificial intelligence services to generate revenue. “We’ve made billions using AI already,” said Kurian, speaking at the Goldman Sachs Communacopia and Technology Conference in San Francisco. Kurian said that Google Cloud’s backlog of customer demand is growing faster than its revenue.”Our backlog is now at $106 billion — it is growing faster than our revenue,” he said. “More than 50%…

Azmatullah Omarzai hammered a 20-ball fifty as Afghanistan thrashed Hong Kong by 94 runs in the opening match of the men’s T20 Asia Cup on Tuesday. The 17th edition of the Asia Cup kicked off with the Group ‘B’ match between the two teams which have six-time Asia Cup champions Sri Lanka and Bangladesh as the other teams in their group Afghanistan elected to bat first in Abu Dhabi and posted 188-6 with opener Sediqullah Atal playing the anchor role with an unbeaten 73. His fifth-wicket partnership of 82 with Omarzai, who hit 53 off 21 balls, including two fours…

JPMorgan Chase CEO Jamie Dimon said that a Labor Department report released Tuesday confirmed that the U.S. economy is slowing down.The department revised lower its nonfarm payrolls data for the year through March 2025 by 911,000 jobs from initial estimates. That was on the high side of Wall Street’s expectations for a downward shift and the biggest revision in more than two decades.”I think the economy is weakening,” Dimon said. “Whether it’s on the way to recession or just weakening, I don’t know.”JPMorgan Chase CEO Jamie Dimon speaking with CNBC’s Leslie Picker in Charlotte, N.C. on July 31st, 2025.David A.…