Author: i2wtc
Dylan Field, co-founder and CEO of Figma, appears on the floor of the New York Stock Exchange in New York on July 31, 2025. Figma shares surged as much as 229% after the design software maker and some of its shareholders raised $1.2 billion in an IPO, with the trading valuing the company far above the $20 billion mark it would have reached in a now-scrapped merger with Adobe Inc.Michael Nagle | Bloomberg | Getty ImagesFigma shares dropped 23% on Monday, cutting into the gains the design software company posted after hitting the market last week. The stock dropped $27.50…
Mohammed Siraj was the hero as India beat England by just six runs in a thrilling fifth Test at the Oval on Monday to end the series level at 2-2. England, set 374 to win, were bowled out for 367, with fast bowler Siraj taking 5-104, including a sensational burst of 3-9 on Monday’s final morning. It is India’s narrowest winning margin in a Test match. “To be honest, it is so amazing,” Siraj told Sky Sports. “From day one to here, everyone fought so hard, so we are very happy. “I just wanted to make sure I hit the…
President Donald Trump said on Monday he will substantially raise tariffs on goods from India over its purchases of Russian oil. “India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don’t care how many people in Ukraine are being killed by the Russian War Machine,” Trump said in a post on Truth Social.”Because of this, I will be substantially raising the Tariff paid by India to the USA.”He did not elaborate on what the tariff would be.India’s trade ministry did…
Listen to article Prime Minister Shehbaz Sharif announced a Rs4 billion relief package for the flood-hit Gilgit-Baltistan (G-B) region, alongside plans for a 100-megawatt solar energy project and the establishment of a Danish School for underprivileged children. The announcement came during a ceremony to distribute compensation cheques among victims of recent cloudburst-triggered flash floods on Monday. Each family of the deceased received Rs1 million, while seriously injured individuals were given Rs500,000. Victims with minor injuries received Rs200,000 and those who lost homes were granted Rs500,000 for rebuilding. “We must act in time. If we do not prepare in advance, no amount of…
Pakistan gamer Arslan “Ash” Siddique bagged his sixth Evolution Championship Series (EVO) title after winning the EVO 2025 fighting game tournament in Las Vegas on Monday. The Lahore-based player won the Tekken 7 tournament in Japan in 2019 as well as the Evolution Championship Series in the US. In August 2022, he finished third in the EVO 2022 Tekken 7 competition. He won the Tekken 7 competition at EVO Japan 2023 in April 2023 and gained his 5th EVO title in July 2024. EVO 2025 was held at the Las Vegas Convention Centre from Aug 1-3. Siddique repeated history to…
Harvey co-founders Winston Weinberg and Gabe PereyraCourtesy of HarveyArtificial intelligence startup Harvey on Monday announced it has reached $100 million in annual recurring revenue, or ARR, just three years after its launch. Harvey runs an AI-powered legal platform for lawyers at law firms and large corporations. Its technology can help with legal research, drafting and diligence projects, and the company is also building industry-specific use cases. Winston Weinberg, co-founder and CEO of Harvey, said the startup’s ARR milestone has largely been driven by usage. Harvey has surpassed 500 customers, including CNBC’s parent company, Comcast, and its weekly average users have quadrupled over…
U.S. President Donald Trump meets with European Commission President Ursula von der Leyen, in Turnberry, Scotland, Britain, July 27, 2025. Evelyn Hockstein | ReutersThe European Union announced Monday that it will suspend for six months its planned countermeasures against the United States’ tariffs, which which were set to take effect this week.”On 27 July 2025, European Commission President Ursula von der Leyen and US President Donald J. Trump agreed a deal on tariffs and trade,” the EU Commission spokesperson for trade said in a statement.The spokesperson touted the agreement as restoring “stability and predictability for citizens and businesses on both…
A window display of actress Sydney Sweeney is seen on a window of an American Eagle store on August 01, 2025 in New York City. Michael M. Santiago | Getty ImagesShares of American Eagle surged more than 15% on Monday after President Donald Trump complimented the retailer’s marketing campaign with actress Sydney Sweeney.”Sydney Sweeney, a registered Republican, has the ‘HOTTEST’ ad out there. It’s for American Eagle, and the jeans are ‘flying off the shelves.’ Go get ’em Sydney!” Trump wrote on his social media site Truth Social not long after markets opened. Shortly after Trump’s post, shares of American Eagle…
ISLAMABAD: Pakistan and Iran have reaffirmed their commitment to further broaden bilateral cooperation in diverse fields, emphasising the importance of enhancing their relationship in wide-ranging and mutually beneficial areas. During a meeting between the visiting Iranian President Dr Masoud Pezeshkian and President Asif Ali Zardari at Aiwan-e-Sadr, the two leaders exchanged views on major regional and international developments and stressed the need for coordinated diplomatic efforts to prevent the escalation of conflicts and to promote peace, security, and stability in the region. Welcoming President Pezeshkian, President Zardari said that Pakistan and Iran enjoyed fraternal relations which were based on shared…
Tesla CEO Elon Musk was awarded an interim pay package of 96 million shares of the company over the weekend. The shares would be worth about $29 billion.Tesla stock climbed about 2% Monday.The company said in a filing Sunday that the pay package would vest in two years as long as Musk continued as CEO or in another key executive position.The new award would be forfeited if the legal battle over his 2018 compensation ends with Musk being able to exercise the larger pay package, which was valued at $56 billion.In January, Chancellor Kathaleen McCormick upheld a prior ruling in…