Author: i2wtc

U.S. President Joe Biden stands with his son Hunter Biden, who earlier in the day was found guilty on all three counts in his criminal gun charges trial, after President Biden arrived at the Delaware Air National Guard Base in New Castle, Delaware, U.S., June 11, 2024. Anna Rose Layden | ReutersHunter Biden said a new interview that his father, former President Joe Biden, had been taking Ambien in the period before his first presidential debate last June against then-candidate Donald Trump, and that the prescription sleeping pill contributed to his disastrous performance.”I’ll tell you what, I know exactly what happened…

Marco Pistoia, Global Technology’s Head of Applied Research and Engineering at JP Morgan.Source: JP MorganJPMorgan Chase has overhauled the leadership of its internal research group responsible for quantum computing and other forms of advanced technology, hiring a State Street executive, CNBC has learned.Marco Pistoia, the former IBM inventor who became head of JPMorgan’s applied research group in 2020, has recently left the bank, according to a person briefed on the matter, who declined to be identified speaking about personnel.That group conducted research into how emerging technologies including quantum computing and communications, blockchain, computer vision and networking could solve problems in…

US President Donald Trump’s lunch meeting with Pakistan’s military chief prompted a private diplomatic protest from India in a warning to Washington about risks to their bilateral ties, while New Delhi is recalibrating relations with China as a hedge, officials and analysts said. The meeting and other tensions in the US-India relationship, after decades of flourishing ties, have cast a shadow on trade negotiations, they said, as Trump’s administration weighs tariffs against one of its major partners in the Indo-Pacific. India blames Pakistan, especially its military establishment, for supporting what it calls cross-border terrorism and has told the US it…

Pepsi Prebiotic Cola.Courtesy: PepsiCoPepsiCo on Monday announced that it will launch a prebiotic cola under its namesake soda brand, starting this fall.Pepsi Prebiotic Cola comes just four months after the beverage giant announced its $1.95 billion acquisition of upstart Poppi. Soda consumption has broadly fallen over the past two decades in the U.S. But prebiotic sodas, fueled by Poppi and fellow newcomer Olipop, have won over health-conscious consumers over the past five years with their gut-health claims. The acquisition closed in May.Prior to the deal, Pepsi had reportedly aimed to launch its own functional soda under its Soulboost brand, but canceled those…

Listen to article KARACHI: The Pakistan Stock Exchange (PSX) commenced the week with lacklustre trading on Monday as the benchmark KSE-100 index lost momentum owing to profit-taking by investors ahead of expiry of July-end contracts.  After fluctuating within a narrow range throughout the day, the benchmark index recorded a decrease of 379.78 points, or 0.27%, and settled at 138,217.58 by the close of trading.  In its market review, Topline Securities commented that the KSE-100 index settled at 138,218, down 380 points. “The market remained range bound throughout the session, fluctuating between intra-day high of 139,201 and intra-day low of 138,150, as investors…

Dylan Field, co-founder and CEO of Figma Inc., after the morning sessions at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 11, 2024.David Paul Morris | Bloomberg | Getty ImagesDesign software company Figma on Monday published an updated prospectus for its initial public offering.The company said it expects to sell about 37 million shares at $25 to $28 each. That would generate as much as $1 billion in proceeds, between the company and selling shareholders.The IPO could value Figma, led by co-founder Dylan Field, a fully diluted valuation of $14.6 billion to $16.4 billion.…

A cutout of US President Donald Trump holding a Bitcoin is displayed on a group of servers during The Bitcoin Conference at The Venetian Las Vegas in Las Vegas, Nevada, on May 27, 2025.Ian Maule | Afp | Getty ImagesTrump Media and Technology Group said Monday it has accumulated roughly $2 billion in bitcoin and related assets, as President Donald Trump’s highly lucrative pivot to crypto continues to grow his net worth while in office.The bitcoin holdings now account for about two-thirds of Trump Media’s total liquid assets, the company said in a press release.Trump Media shares popped as high…

Listen to article LAHORE: Authorities across Pakistan have issued a red alert as heavy monsoon rains continue to lash wide swaths of the country, triggering flash floods, landslides, and rising river levels. The downpour—expected to intensify through July 25—has already claimed at least 13 lives in the past 24 hours, with dozens injured, according to official figures. The Pakistan Meteorological Department (PMD) forecasts persistent rain and thunderstorms across upper and central regions, including Khyber-Pakhtunkhwa, Islamabad, Punjab, Kashmir, Gilgit-Baltistan, and parts of Balochistan. Heavy rainfall may trigger flash floods in local streams and nullahs in Chitral, Dir, Swat, Mansehra, Kohistan, Abbottabad, and other…

Chris Martin of Coldplay performs live at San Siro Stadium, Milan, Italy, in July 2017.Mairo Cinquetti | NurPhoto | Getty ImagesAstronomer’s interim CEO said in his first public comment since unexpectedly taking over the role on Saturday that he hopes to move the tech startup past the viral moment that captured national attention last week.Pete DeJoy was appointed to the top job due to the resignation of CEO Andy Byron, days after he was caught on video in an intimate moment with the company’s head of human resources at a Coldplay concert. Astronomer said over the weekend that it would begin…

FILE PHOTO: The headquarters of the U.S. Food and Drug Administration (FDA) is seen in Silver Spring, Maryland November 4, 2009. Jason Reed | ReutersThe Food and Drug Administration said Monday it has appointed former biotech executive George Tidmarsh as the agency’s top drug regulator.Tidmarsh, an adjunct professor of pediatrics and neonatology at Stanford University’s School of Medicine, will lead one of the biggest and most crucial divisions of the FDA, which reviews the vast majority of new drug applications.The Center for Drug Evaluation and Research, or CDER, regulates over-the-counter and prescription treatments, including biologic therapies and generics. The acting head…