Author: i2wtc

Prime Minister Shehbaz Sharif on Thursday visited the under-construction Technology Park in Islamabad and expressed dissatisfaction over the slow pace of work, directing authorities to expedite the construction process and ensure its completion within the originally stipulated timeframe. According to a statement issued by the Prime Minister’s Office, the premier underscored the strategic importance of the project for Pakistan’s economic and technological development. He stressed that the facility must meet international standards, both in infrastructure and services, in order to fulfill its intended role in advancing the country’s digital economy. “All stakeholders must accelerate their efforts to complete the Technology…

At least 10 people, including women and children, lost their lives and dozens more were left stranded as torrential monsoon rains triggered flash floods and landslides across Azad Jammu and Kashmir (AJK), the Kaghan Valley, and Gilgit-Baltistan (G-B), officials confirmed on Thursday. According to Express News, a devastating cloudburst in the outskirts of Muzaffarabad led to the deaths of five members of the same family, while heavy flooding in Neelum Valley’s Ratti Gali stream left over 500 tourists stranded at the base camp. Around 50 others were successfully rescued by local authorities. The rains have caused widespread damage in multiple…

The Applied Materials logo on Dec. 17, 2024.Nurphoto | Nurphoto | Getty ImagesApplied Materials shares sank more than 10% in extended trading Thursday as the semiconductor equipment company provided outlook for the current quarter that came in light.Here’s how Applied Materials did in its third-quarter earnings results versus LSEG consensus estimates:EPS: $2.48, adjusted, versus $2.36 estimated.Revenue: $7.3 billion vs $7.22 billion estimated.Applied Materials said it expects $2.11 per share in adjusted earnings in the current quarter, lower than LSEG estimates of $2.39 per share. The company said to expect $6.7 billion in revenue, versus $7.34 billion estimated.CEO Gary Dickerson said…

Sam Altman turned OpenAI into a cultural phenomenon with ChatGPT.Now, three years later, he’s chasing where the real money is: Enterprise.Last week’s rollout of GPT-5, OpenAI’s newest artificial intelligence model, was rocky. Critics bashed its less-intuitive feel, ultimately leading the company to restore its legacy GPT-4 to paying chatbot customers.But GPT-5 isn’t about the consumer. It’s OpenAI’s effort to crack the enterprise market, where rival Anthropic has enjoyed a head start.One week in, and startups like Cursor, Vercel, and Factory say they’ve already made GPT-5 the default model in certain key products and tools, touting its faster setup, better results…

Pakistan celebrated Independence Day today (August 14) with festivities held across the country. Pakistani naval cadets play the national anthem at the mausoleum of Muhammad Ali Jinnah, during Independence Day celebrations in Karachi on August 14, 2025. Photo: AFP Rickshaw Parade from Delhi Gate to Lahore Fort lights up Independence Day celebrations on 14 August 2025. Photo: Express Pakistan Railways extends Independence Day greetings to the nation on 14 August 2025. Photo: Express Pakistan Railways extends Independence Day greetings to the nation on 14 August 2025. Photo: Express PIA, the national airline, celebrated nation’s 78th Independence Day on 14 August…

For the first time since their daring missions in May’s conflict with India, the Pakistan Air Force pilots who downed six Indian fighter jets — including state-of-the-art Rafales — and obliterated the Russian-made S-400 air defence system stepped into the public eye on Thursday. The long-awaited appearance of these national heroes came as President Asif Ali Zardari and Prime Minister Shehbaz Sharif decorated them with top gallantry awards during an Independence Day ceremony at Aiwan-e-Sadr. Prime Minister Sharif paid special tribute to Wing Commander Malik Rizwanul Haq, who was awarded the Tamgha-e-Basalat for destroying the S-400 system during Operation Bunyanum…

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty ImagesIntel stock rose 7% in trading on Thursday after Bloomberg reported that the Trump administration is in talks with the chipmaker to have the U.S. government take a stake in the embattled company.Intel is the only U.S. company with the capability to manufacture the fastest chips on U.S. shores, although rivals including TSMC and Samsung also have U.S. factories. President Trump has called for more chips and high technology…

Mounjaro manufactured by Eli Lilly and Company packaging is seen in this illustration photo taken in a pharmacy in Krakow, Poland on April 9, 2024.Nurphoto | Nurphoto | Getty ImagesEli Lilly on Thursday said it is raising the list price of its blockbuster diabetes drug Mounjaro in the U.K. starting in September, as President Donald Trump pressures drugmakers to lower U.S. drug prices and hike them abroad.In a statement, Eli Lilly said it reached an agreement with the U.K. government to increase the list price of the weekly injection, while “maintaining access” for patients covered under the publicly funded health-care…

The seal of the U.S. Justice Department is seen on the podium in the Department’s headquarters briefing room.Kevin Lamarque | ReutersTwo men have been indicted in New York on federal criminal charges in connection with a water vending machine Ponzi scheme that allegedly swindled investors out of more than $200 million, the Department of Justice said Thursday.The two men were also hit by the Securities and Exchange Commission with civil charges of violating antifraud provisions of the federal securities laws in connection the same scheme.Ryan Wear, 49, of Everett, Washington, is accused of “raising more than $200 million from investors…

The John Deere logo is displayed as attendees view a 5105M utility tractor at the Deere & Co. booth during the World Ag Expo at the International Agri-Center in Tulare, California on February 11, 2025.Patrick T. Fallon | AFP | Getty ImagesJohn Deere is warning that tariff costs for the agricultural machinery company could reach a total of $600 million for the fiscal 2025 year.The company released its fiscal third-quarter earnings report Thursday, beating on the top and bottom lines but posting significant year-over-year decreases in net income and sales.The stock sank roughly 7% in midday trading.The company noted that…