Author: i2wtc

A man walks past movie posters at at AMC Theater in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty ImagesMovie theater operators woke up Friday to the possibility of a new world order.Netflix and Warner Bros. Discovery announced a deal for the streaming giant to acquire WBD’s film studio and streaming service, bringing an end to a months-long bidding process that saw Paramount Skydance and Comcast also vying for the assets.With Netflix as the victor, exhibitors are in a panic. Unlike traditional movie studios, the streamer has not adhered to conventional theatrical distribution, and there are fears that…

Karachi Blues outclassed defending champions Sialkot by a massive 218 runs in the final of the Quaid-e-Azam Trophy, sealing their 22nd title at the Gaddafi Stadium on Friday evening. Karachi lifted the trophy along with a prize purse of Rs7.5 million, while Sialkot received Rs4m as runners-up. Abdullah Fazal, named Player of the Final, earned a Rs100,000 award, while Ali Usman (best bowler) and Saad Baig — who swept the honours for best batter, best wicket-keeper and Player of the Tournament — received Rs250,000 each. Sialkot, chasing an improbable 533 for victory, resumed the final day on 12 without loss…

US President Donald Trump makes an announcement from the Oval Office of the White House in Washington, DC on December 3, 2025. Andrew Caballero-reynolds | Afp | Getty ImagesPresident Donald Trump may remove members of the National Labor Relations Board and the Merit Systems Protection Board at will, a federal appeals court ruled Friday.The 2-1 decision from a panel of judges in Washington, D.C., reverses lower-court rulings blocking Trump’s attempts to fire members of the key labor and employment panels.”Congress may not restrict the President’s ability to remove principal officers who wield substantial executive power,” the two-judge majority wrote, citing…

KARACHI: Pakistani truck drivers carrying cargo for Afghanistan are facing an uncertain situation amid ongoing tensions between the two countries, with hundreds of vehicles halted at border crossings where drivers have remained stranded for weeks. Exporters and logistics operators said the closure of major crossings between Pakistan and Afghanistan has paralysed regional cargo movement, adding that many stranded drivers have exhausted their cash and basic supplies, raising concerns over their safety and survival. Junaid Makda, president of the Pakistan-Afghanistan Joint Chamber of Commerce, told The Express Tribune that kinnow exporters, transporters and logistics firms had been hit hard because consignments…

Davide Bonaldo | Lightrocket | Getty ImagesThe New York Times on Friday filed a lawsuit against Perplexity, alleging the artificial intelligence startup has illegally copied and distributed its copyrighted content. The suit, filed in the Southern District of New York, accuses Perplexity of unlawfully scraping The Times’ stories, videos, podcasts and other content to formulate responses to user queries. The startup also generates outputs that are “identical or substantially similar to” The Times’ content, according to the complaint.”While we believe in the ethical and responsible use and development of AI, we firmly object to Perplexity’s unlicensed use of our content…

Planes line up on the tarmac at LaGuardia Airport on Nov. 10, 2025 in New York City.Spencer Platt | Getty ImagesSouthwest Airlines cut its 2025 earnings forecast Friday, citing a demand dip during the federal government shutdown, the longest ever.The carrier said it expects 2025 earnings before interest and taxes of about $500 million, down from a previous forecast of $600 million to $800 million, because of lower revenue in the shutdown and higher fuel prices. “Following the temporary decline in demand related to the shutdown, bookings have returned to previous expectations,” Southwest said in a securities filing.Earlier this week,…

Key PointsTalk of an AI bubble has grown since high-profile investor Michael Burry, known for predicting the housing meltdown ahead of 2008, revealed he is shorting AI players like Nvidia and Palantir. Healthcare, meanwhile, is recovering after a perfect storm, according to Kepler Cheuvreux analysts.The sector is also increasingly benefiting from AI adoption which is driving efficiencies and innovation, Arnaud Girod, head of economics and cross asset strategy at Kepler Cheuvreux said.Talk of an AI bubble bursting is on the up, and a Kepler Cheuvreux analyst told CNBC that healthcare was the sector for investors looking for shelter. Sky-high valuations…

Workers are seen at the construction site of Ice and Snow World in Harbin, northeast China’s Heilongjiang Province, Dec. 5, 2025. The 27th edition of Ice and Snow World in Harbin has recently kicked off its construction work, which involves more than 10,000 workers and about 1,000 machines. The park area is expected to be extended to 1.2 million square meters, the largest of all editions in history. (Xinhua/Zhang Tao)An aerial drone photo taken on Dec. 5, 2025 shows workers operating at the construction site of Ice and Snow World in Harbin, northeast China’s Heilongjiang Province. The 27th edition of…

Human Rights lawyer and social activist Imaan Mazari and her husband Hadi Ali Chattha. Photo File Lawyer Imaan Mazari and her husband Hadi Ali Chattha have filed a petition in the Islamabad High Court seeking the transfer of their case, alleging a lack of transparency by Additional Sessions Judge Afzal Majoka. The petition was filed during the final hearing of the controversial tweets case at the District and Sessions Court. Mazari reportedly told the judge with a smile, “Give me the sentence of seven years, I am ready.” Judge Majoka did not respond. Read: Trial against Imaan Mazari ‘not transparent,’…

A relentless Australia seized a 44-run lead over England in the day-night second Ashes Test in Brisbane on Friday, with aggressive opener Jake Weatherald and Steve Smith leading the charge. By stumps the hosts had not only reeled in England’s first-innings 334 but raced clear, ending a draining day two on 378-6 in front of a big and boisterous crowd at a humid Gabba. A decent lead is shaping as pivotal, with the pitch likely to deteriorate in the coming days. The hosts are 1-0 up in the series after beating England in Perth inside two days. “That was a…