Author: i2wtc
Salesforce on Wednesday evening delivered better-than-expected 2026 fourth-quarter results as its Agentforce artificial intelligence platform became increasingly embedded across the business. However, the stock dropped in after-hours trading as investors remained anxious about the potential of AI disrupting traditional enterprise software companies. Revenue in the quarter ended Jan. 31 rose 12% year over year to $11.2 billion, topping expectations of $11.18 billion, according to LSEG. Adjusted earnings per shar e totaled $3.81, beating the consensus estimate by 77 cents, LSEG data showed. On a year-over-year basis, adjusted EPS increased 37%. CRM YTD mountain Salesforce YTD Shares of Salesforce fell roughly…
Senior minister also touts billions in coal investment and new energy regulator in wide-ranging press conferenceSindh Information Minister Sharjeel Inam Memon addresses the press conference in Karachi. Photo: Express/ File KARACHI: Sindh Information Minister Sharjeel Inam Memon on Wednesday accused the Governor’s House and federal ministers of conspiring against the provincial government, calling on the leadership of the Pakistan Peoples Party to demand answers from the federal government. “Your federal ministers are engaged in schemes against the Sindh government. Continuous conspiracies are being hatched against the Sindh government from the Governor’s House,” he said, adding that the party’s leadership had…
Nvidia CEO Jensen Huang speaks during the 2026 CES event in Las Vegas, Jan. 6, 2026.Bridget Bennett | Bloomberg | Getty ImagesNvidia CEO Jensen Huang said Wednesday that the dispute between the U.S. Defense Department and Anthropic is “not the end of the world.” His comments come after U.S. Defense Secretary Pete Hegseth gave Anthropic until Friday to loosen its rules on how the Pentagon can use its AI tools, or risk losing its government contract.If Anthropic fails to comply, Hegseth threatened to label the company a “supply chain risk” or invoke the Defense Production Act, sources told CNBC’s Ashley Capoot…
Three people died of electrocution, while 14 others lost their lives after falling from trees and rooftops LAHORE: The Punjab government has informed the Lahore High Court that at least 17 people lost their lives during the Basant festival in Lahore. According to a report submitted by the provincial home department, three individuals died of electrocution, while two others fell from trees during the celebrations. The majority of fatalities, 12 in total, resulted from falls from rooftops. During the hearing, the court also requested comprehensive details regarding individuals injured by kite strings during the festival. Petitioner’s counsel, Azhar Siddique, pointed…
Salesforce CEO Marc Benioff during the World Economic Forum in Davos, Switzerland, Jan. 20, 2026.Krisztian Bocsi | Bloomberg | Getty ImagesSalesforce shares tumbled 5% in extended trading on Wednesday after the customer service software maker reported healthy results, although its fiscal 2027 revenue view trailed Wall Street projections.Here’s how the company did in comparison with LSEG consensus:Earnings per share: $3.81 adjusted vs. $3.04 expectedRevenue: $11.20 billion vs. $11.18 billion expectedSalesforce’s revenue grew 12% year over year in its fiscal fourth quarter, which ended on Jan. 31, according to a statement. It’s the company’s fastest growth rate in two years.The company…
Vice President JD Vance announced Wednesday that the Trump administration would “temporarily halt” some Medicaid funding to the state of Minnesota over fraud concerns, as part of what he described as an aggressive crackdown on misuse of public funds.Vance, who made the announcement with Dr. Mehmet Oz, the administrator for the Centers for Medicare and Medicaid Services, said the administration was taking the action “in order to ensure that the state of Minnesota takes its obligations seriously to be good stewards of the American people’s tax money.”Oz, who referred to people committing fraud as “self-serving scoundrels,” said the federal government…
Customers walk into a German restaurant in Taicang, east China’s Jiangsu Province, Feb. 24, 2026. (Xinhua/Ji Chunpeng)TAICANG, Feb. 25 (Xinhua) — Taicang, with its permanent resident population of less than one million, is a small city on the south bank of Yangtze River estuary. Known as the “hometown of German enterprises” in China, Taicang has gathered over 560 German-funded enterprises so far since the first German company Kern-Liebers settled here in 1993, with the total investment exceeding six billion U.S. dollars and an annual industrial output value of over 67 billion yuan (about 9.76 billion U.S. dollars).It took 14 years…
Says Pakistan overcame near-default in 2023 through collective efforts, aiming for economic stabilityPrime Minister Shehbaz Sharif speaking at the opening ceremony of Indus AI week in Islamabad. PHOTO: RADIO PAKISTAN Prime Minister Shehbaz Sharif on Wednesday emphasised the need for a “whole-of-government approach” to address Pakistan’s economic challenges, urging all stakeholders to collectively work toward sustained growth. “Though the journey can be long, arduous and thorny, we have accepted the challenge. Pakistan will carve its due place soon,” the prime minister said at the inaugural session of the Pakistan Governance Forum 2026 in Islamabad. Reflecting on Pakistan’s near-default situation in…
Google is folding in former moon shot robotics software company Intrinsic as Alphabet tries to streamline its ambitions in the space.After five and a half years developing its technology at Alphabet’s “moonshot factory” X, Intrinsic became an independent Alphabet company in its “Other Bets” division in July 2021. The Google parent company announced Wednesday that it will be folded into Google itself.While hardware like robotic arms has become cheaper, programming them remains incredibly complex, often requiring hundreds of hours of manual coding by specialized engineers that can vary based on the particular robot. Intrinsic’s flagship product, Flowstate, is a web-based…
From humble beginnings making playing cards in 19th-century Japan, Nintendo has evolved into one of the world’s most influential gaming companies. Powered by a catalogue of iconic characters and franchises — including Mario, The Legend of Zelda and Pokémon — the company has turned nostalgia and broad family appeal into a durable business advantage.From humble beginnings making playing cards in 19th-century Japan, Nintendo has evolved into one of the world’s most influential gaming companies.Powered by a catalogue of iconic characters and franchises — including Mario, The Legend of Zelda and Pokémon — the company has turned nostalgia and broad family…