Author: i2wtc

Digital boards are seen due to the global communications outage caused by CrowdStrike, which provides cybersecurity services to U.S. technology company Microsoft, on July on 19, 2024.Selçuk Acar | Anadolu | Getty ImagesIt’s a bittersweet day for Windows users.Microsoft is scrapping its iconic “blue screen of death,” known for appearing during unexpected restarts on Windows computers. The company revealed a new black iteration in a blog post on Thursday, saying that it is “streamlining the unexpected restart experience.”The new black unexpected restart screen is slated to launch this summer on Windows 11 24H2 devices, the company said. Microsoft touted the…

Chairperson of the Pakistan Peoples Party Bilawal Bhutto Zardari said on Thursday that his party was wholeheartedly supporting federal budget after the government accepted its demands to exempt income tax on salaried individuals earning Rs100,000 and reduce sales tax on solar panels. The income tax on annual income of Rs1.2 million has been exempted on the PPP demand, said Bilawal Bhutto while speaking at the floor of the house. He further said that the government also agreed to the PPP’s reservations about giving arrest powers to the Federal Board of Revenue. The government agreed that the arrest powers will only…

Piotr Swiat | Lightrocket | Getty ImagesCore Scientific shares surged 35% on Thursday following a report from the Wall Street Journal that AI infrastructure vendor CoreWeave is in talks to acquire the bitcoin mining and hosting provider.The company’s stock was briefly halted after the report, and then proceeded to have its second-sharpest rally since Core Scientific returned to the Nasdaq in January 2024 after completing a reorganization. Its biggest one-day gain came last June, when the shares popped 40% on news that the company would significantly expand its AI business with CoreWeave.The Journal reported, citing people familiar with the matter,…

A woman walking past the logo of U.S. big data analytics software company Palantir Technologies during the World Economic Forum annual meeting in Davos, Switzerland.Fabrice Coffrini | AFP | Getty ImagesSix people were taken into custody by police on Thursday as a group blocked the entrance to the New York office of Palantir to protest the tech company’s work for the U.S. Immigration and Customs Enforcement agency, the Israeli military and other efforts.More than 30 people participated in the protest, according to Planet Over Profit, the group that organized the demonstration in the Chelsea section of Manhattan.The New York Police…

U.S. President Donald Trump holds “The Trump Card” as he speaks with journalists onboard Air Force One en route to Miami, Florida, U.S., April 3, 2025.Kent Nishimura | ReutersA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.President Donald Trump’s $5 million Trump Card has attracted strong interest from the overseas wealthy, but it faces legal challenges and questions about the potential market size, according to immigration attorneys.Trump launched the website in June for his new immigration plan,…

Listen to article Defence ministers of the Shanghai Cooperation Organisation (SCO) were unable to adopt a joint statement at their meeting in Qingdao, China, after India reportedly refused to sign the document, claiming it was pro-Pakistan for not referencing the April attack on Indian tourists. The SCO is a 10-member Eurasian security and political bloc comprising China, Russia, India, Pakistan, Iran and several Central Asian states. The defence ministers’ meeting was held ahead of the annual leaders’ summit scheduled for later this year. Federal Minister for Defence Khawaja Muhammad Asif led Pakistan’s delegation at the meeting, where he reaffirmed the country’s commitment…

President of the United States Donald Trump arrives at Huis ten Bosch Palace for a dinner ahead of the Nato Summit 2025 on June 24, 2025 in The Hague, Netherlands.Patrick Van Katwijk | Getty ImagesPresident Donald Trump could extend his upcoming self-imposed tariff pause deadlines, the White House said Thursday.Asked if Trump is still committed to a deadline to strike trade deals by July, press secretary Karoline Leavitt said that date “is not critical.””The president can simply provide these countries with a deal if they refuse to make us one by the deadline,” Leavitt said at a press briefing.”And that…

A shopper walks past a Nike store, as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump’s decision to impose import tariffs on dozens of countries, in the King of Prussia Mall in King of Prussia, Pennsylvania, U.S., April 3, 2025. Rachel Wisniewski | ReutersNike is expected to report poor quarterly results on Thursday after it warned investors that the low point of its turnaround could come in its fiscal fourth quarter.But since Nike issued that warning in March, conditions have worsened for the sneaker giant, leading some investors to question if the worst…

Elon Musk, chief executive officer of Tesla Inc., center left, Ying Yong, mayor of Shanghai, center right, and Omead Afshar, left, leave an event at the site of the company’s manufacturing facility in Shanghai, China, on Monday, Jan. 7, 2019.Qilai Shen | Bloomberg | Getty ImagesTesla CEO Elon Musk has fired Omead Afshar, the automaker’s vice president of manufacturing and operations, CNBC has confirmed, following declines in car sales in key markets this year.Afshar, who reported directly to Musk, led a team of more than a half-dozen high level employees, according to internal organizational charts viewed by CNBC.Forbes first reported…

ISLAMABAD/LAHORE: As tension thickens over the political future of jailed former prime minister Imran Khan, both nationally and within his own party, the Pakistan Tehreek-e-Insaf (PTI) on Wednesday rejected what it described as a concerted campaign to politically sideline its founder amid renewed murmurs of a “minus Imran” formula. Khyber-Pakhtunkhwa Chief Minister Ali Amin Gandapur denounced the “conspiracy” to impose governor’s rule and sideline the party’s patron-in-chief, while party spokesperson Sheikh Waqas Akram accused PML-N’s Azma Bukhari and her allies of running a palace-backed agenda to fracture PTI from within. Azma said that Imran Khan had been “sidelined by his…