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U.S. President Donald Trump speaks during an event with Apple CEO Tim Cook in the Oval Office of the White House on August 6, 2025 in Washington, DC. Win Mcnamee | Getty ImagesAfter months of speculation, U.S. President Donald Trump has divulged more of his semiconductor tariff plans, but his latest threats might raise more questions than answers. On Wednesday, Trump said he will impose a 100% tariff on imports of semiconductors and chips, but not for companies that are “building in the United States.”As semiconductors represent an over $600 billion industry at the heart of the modern digital economy, any…
WASHINGTON: Donald Trump on Tuesday established a task force that he will lead on the 2028 Olympic Games in Los Angeles, a Democrat-run city that has frequently clashed with the Republican US president. The group will engage the federal government to “ensure the Games are safe, seamless and historically successful,” potentially offering Trump and his allies greater influence over the sporting event. Trump will serve as chairman and Vice President JD Vance will be vice-chair of the task force, which will encompass several other leaders in his administration. Other members include Attorney General Pam Bondi, Homeland Security Secretary Kristi Noem…
RAWALPINDI: Pakistan Tehreek-e-Insaf (PTI) patron-in-chief Imran Khan on Wednesday said no candidates would be fielded on the seats left vacant by disqualified party members, saying the disqualifications were carried out through “unlawful means”. This was revealed by Imran’s sister, Aleema Khan, who spoke to the media outside Adiala Jail. She said her sister Uzma Khan was allowed to meet Imran and her wife Bushra Bibi. Aleema quoted Imran as saying that he was pleased with the public turnout during the Aug 5 protests despite what he described as “state oppression and intimidation”. “He expressed gratitude to the people for standing…
Key PointsMeta is well-positioned to be a key player in AI across our devices as chatbots become more personalized and advanced, according to one fund manager.Access to data of 3.48 billion usesr across its family of apps such as Facebook and Instagram could be a key advantage.However, Meta doesn’t own an operating system like Google or Apple does, which could be a challenge.Apple and Alphabet ‘s Google are often seen as the potential big players in a world where people interact with advanced AI assistant on their phones and other devices — especially as the technology gets more personalized. But there’s another name that’s…
Listen to article ISLAMABAD: The government on Wednesday made it mandatory for tax officials to consult at least two representatives of the business community before initiating investigations that could lead to arrests in tax fraud cases, watering down any real chances of detaining accused individuals. In line with the understanding reached between the business community and the government, the Federal Board of Revenue (FBR) has issued a Sales Tax General Order outlining a lengthy procedure before traders or any businesspersons involved in alleged sales tax frauds can be arrested. The order states that, after concluding an inquiry in tax fraud cases, the…
Listen to article At least four people, including three Frontier Corps (FC) personnel and a driver, were martyred when militants opened fire on their vehicle in the Karak district of Khyber-Pakhtunkhwa on Wednesday. The attack occurred in the Aman Kot Towi area, within the jurisdiction of Gurguri Police Station, when FC officials were en route for field security duty. Armed assailants, positioned atop a hill, launched an attack, resulting in intense gunfire and the immediate deaths of the four onboard. SP Investigation Karak, Ashfaq Khan, confirmed the fatalities and said all four bodies had been shifted to the hospital. Security forces and…
The Blue Ghost Mission Operations Engineer, Jaxon Liebeck, showcases the Blue Ghost moon lander at Firefly Aerospace headquarters on Tuesday, Dec. 3, 2024 in Cedar Park. Houston Chronicle/hearst Newspapers | Hearst Newspapers | Getty ImagesFirefly Aerospace priced shares in its IPO at $45 on Wednesday, above its expected range.The Texas-based rocket maker will debut on the Nasdaq Thursday under the ticker symbol “FLY.” The offering raised $868 million and values the company at about $6.3 billion.Firefly filed its initial prospectus in July and upped its IPO range this week to $41 to $43 a share, from an initial range of $35 to $39.The space…
Listen to article The Peshawar High Court (PHC) on Wednesday granted protective bail to Pakistan Tehreek-e-Insaf (PTI) leaders Shibli Faraz and Zartaj Gul, who were recently sentenced to 10 years imprisonment in connection with the May 9 riots, Express News reported. The bench, after announcing the reserved verdict on their petition, allowed both leaders bail until August 11 and directed them to approach the relevant high court to file their appeals within this period. The court also ordered that the two not be arrested during this time. Also Read: Four martyred as militants attack FC vehicle in K-P Meanwhile, the Peshawar High…
Listen to article The Pakistan Army has strongly rejected speculation on Chief of Army Staff (COAS) Field Marshal Syed Asim Munir vying to become president of Pakistan. Speaking to The Economist, Inter Services Public Relations (ISPR) DG Lieutenant General Ahmed Sharif Chaudhry rubished such rumours as “completely baseless”. فیلڈ مارشل سید عاصم منیر کے صدر بننے کی افواہوں اور بھارتی جارحیت پر پاک فوج کا دو ٹوک ردعملمعرکہ حق کے بعد فیلڈ مارشل سید عاصم منیر کے صدر بننے کی باز گشت کے حوالے سے ڈی جی آئی ایس پی آر کا دو ٹوک موقفڈی جی آئی ایس پی آر لیفٹینٹ…
Amazon’s Zoox robotaxi unit is ramping up vehicle production at a new facility in Hayward, California.ZooxAmazon’s Zoox has cleared a key regulatory hurdle, paving the way for demonstrations of its self-driving robotaxis.The National Highway Traffic Safety Administration said Wednesday that it granted Zoox an exemption from some requirements, a first for U.S.-built vehicles under a recently expanded program.”Transportation innovators can be confident in getting speedy review of their vehicles and, as appropriate, exemption from Federal Motor Vehicle Safety Standards,” NHTSA Chief Counsel Peter Simshauser said in a release.The company must remove all existing statements that its purpose-built vehicles meet all…