Author: i2wtc

Samsung Electronics unveiled its latest series of flagship smartphones on Wednesday, with two of the models costing $100 more than their predecessors as the industry tries to recover from a global shortage of memory chips.Samsung is touting improved AI and a privacy display in its new models against a backdrop of industry-wide memory chip shortages brought about by the rapid scaling of AI infrastructure.The average selling price of smartphones in 2026 was expected to rise 6.9% as a result of the memory crunch, Counterpoint Research said in a note in December.The starting price has stayed flat on the highest end…

OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025.Kim Kyung-hoon | ReutersJoshua Kushner’s Thrive Capital invested roughly $1 billion in OpenAI at a $285 billion valuation in December, a source confirmed Wednesday.It is a preferential deal for the venture capital firm that has long been one of the artificial intelligence startup’s major financial backers. OpenAI is finalizing a massive funding round that could total more than $100 billion and boost the company’s valuation to $800 billion. Thrive’s investment late last year was a separate deal, but the firm is likely to participate…

Tehran, Washington are scheduled to meet for a third round of talks on Thursday in Geneva Iran on Wednesday dismissed US claims about its missile programme as “big lies”, after President Donald Trump said Tehran was developing missiles that could strike the United States. In his State of the Union address on Tuesday, Trump accused Tehran of “sinister nuclear ambitions” as Washington ups the pressure with a massive military deployment around the Gulf. The two foes are scheduled to meet for a third round of talks on Thursday in the Swiss city of Geneva in an effort to reach a…

Nvidia CEO Jensen Huang speaks during the 2026 CES event in Las Vegas, Jan. 6, 2026.Bridget Bennett | Bloomberg | Getty ImagesNvidia is scheduled to report fiscal fourth-quarter results after the close of regular trading on Wednesday. Here’s what Wall Street is expecting, according to LSEG consensus estimates:EPS: $1.53 adjustedRevenue: $66.2 billionAnalysts expect revenue growth of 68% from $39.3 billion a year earlier. That would mark an 11th straight quarter of growth above 55% for the company that’s been the biggest beneficiary of the artificial intelligence boom. The streak is likely to continue for another period, as analysts project growth…

Former Treasury Secretary and president emeritus and professor at Harvard University, Larry Summers attends the Allen & Company Sun Valley Conference on July 9, 2025 in Sun Valley, Idaho.Kevin Dietsch | Getty ImagesLarry Summers, the former U.S. Treasury secretary who has been dogged by his past friendship with Jeffrey Epstein, announced Wednesday that he will resign from teaching at Harvard University by the end of the current academic year.Summers previously served as president of Harvard. His resignation came as the university was conducting a review of emails and other documents detailing Summers’ connection to Epstein, which were released in recent…

YDA says matter has gone beyond security to protection of life as boycott spreads across K-P hospitalsDoctors in Khyber Pakhtunkhwa protesting on Wednesday after the killing of Dr Mehwish Hasnain in Kohat. PHOTO: EXPRESS PESHAWAR: Doctors in Khyber Pakhtunkhwa warned on Wednesday that they would expand their protest to the entire province if their demands were not met, as the boycott of elective services in hospitals continued in southern districts and parts of Mardan division following the killing of Dr Mehwish Hasnain. Dr Mehwish, a lady doctor serving at the District Headquarters Hospital, was shot dead by unidentified assailants while…

Bill Gates, chair of the Gates Foundation, speaks at the Bloomberg Philanthropies 2025 Global Business Forum in New York on Sept. 24, 2025.Michael Nagle | Bloomberg | Getty ImagesBill Gates spoke about his association with Jeffrey Epstein in a town hall meeting with employees of the Gates Foundation, a spokesperson for the nonprofit said Wednesday, after recently released emails elaborated on the Microsoft co-founder’s relationship with the sex offender.Gates said in a recording of the meeting that he “did nothing illicit” during his interactions with Epstein and did not stay overnight, although they met in several countries, The Wall Street…

Dr. Richard Axel of Columbia University, at Le Bernardin Prive on July 26, 2017 in New York City.Craig Barritt | Getty ImagesDr. Richard Axel, a Nobel Prize-winning scientist, said he is stepping down as co-director of Columbia University’s Zuckerman Mind Brain Behavior Institute on the heels of his association with notorious sex predator Jeffrey Epstein drawing public attention.”My past association with Jeffrey Epstein was a serious error in judgment, which I deeply regret,” Axel, 79, said in a statement on Tuesday.”I apologize for compromising the trust of my friends, students, and colleagues,” Axel said. “I recognize the problems this has…

Aldomurillo | E+ | Getty ImagesAmerican workers tend to hold many jobs over the course of their work life — but those aren’t necessarily in the same field or occupation.Between 2022 and 2024, 64% of workers who transitioned into a new job had changed occupations, job site Indeed found. Last spring, around 7 in 10 workers said they had switched or considered switching career fields in the prior year, according to a FlexJobs report. The online job platform found that people were motivated to move into professions that were more fulfilling or offered additional remote work options. Career switching is…

Modi’s visit comes as US deploys a vast naval force near Iran’s coast ahead of possible strikesIndia’s Prime Minister Narendra Modi, Israel’s Prime Minister Benjamin Netanyahu and Netanyahu’s wife Sara Netanyahu attend a welcome ceremony upon Modi’s arrival at Ben Gurion International Airport in Lod, near Tel Aviv, Israel February 25, 2026. REUTERS India’s Prime Minister Narendra Modi arrived in Israel on Wednesday for a two-day visit aimed at deepening ties with a key trade and defence partner, a trip that has drawn criticism at home. It is Modi’s second visit to Israel as prime minister. Landed in Israel.I am extremely honoured…