Author: i2wtc

U.S. President Donald Trump speaks holding a photos of the new ballroom during a meeting with NATO Secretary General Mark Rutte in the Oval Office of the White House in Washington, DC on October 22, 2025. Salwan Georges | The Washington Post | Getty ImagesBig Tech and other publicly traded companies are helping to finance the $300 million White House ballroom planned by President Donald Trump.The White House East Wing has been demolished to make room for the 90,000 square foot ballroom, sparking public anger after Trump promised in July that the building would not be impacted.Trump has said the…

Target said on Thursday it’s cutting 1,800 corporate jobs as the retailer tries to get back to growth after four years of roughly stagnant sales.It marks the first major round of layoffs in a decade for the Minneapolis-based retailer. It announced the layoffs in a memo sent by Target’s incoming CEO Michael Fiddelke to employees at its headquarters.The eliminated roles are a combination of about 1,000 employee layoffs and about 800 positions that will no longer be filled, a company spokesman said. Together, they represent an approximately 8% cut to Target’s corporate workforce, according to the memo. Affected employees will…

Mustafa Suleyman CEO and co-founder of Inflection AI speaks during the Axios BFD event in New York City, U.S., October 12, 2023. Brendan Mcdermid | ReutersMicrosoft AI CEO Mustafa Suleyman said the software giant won’t build artificial intelligence services that provide “simulated erotica,” distancing itself from longtime partner OpenAI.”That’s just not a service we’re going to provide,” Suleyman said on Thursday at the Paley International Council Summit in Menlo Park, California. “Other companies will build that.”Suleyman’s comments come a week after OpenAI CEO Sam Altman said his company plans to allow verified adults to use ChatGPT for erotica. Altman said that…

Police officers walk past the Supreme Court of Pakistan building, in Islamabad, Pakistan April 6, 2022. REUTERS For the first time in Pakistan’s history, lawmakers can handpick who they want as the country’s top judge, which, as you can imagine, poses serious risks to judicial independence of the country. Otherwise, the most senior judge on the Supreme Court tended to become the Chief Justice of Pakistan. It was a sacred rule that kept politics out of the courtroom. But all this changed in October last year, when Parliament rushed through a vote to change the Constitution for the 26th time…

The U.S. Attorney for Maryland had told superiors at the Department of Justice that she does not believe there is strong enough evidence to charge Sen. Adam Schiff of California with mortgage fraud, MSNBC reported Thursday.President Donald Trump has called on Attorney General Pam Bondi to criminally charge the California Democrat Schiff, a staunch critic of the president who acted as prosecutor in Trump’s first impeachment trial.MSNBC, citing three people familiar with the matter, reported that Maryland U.S. Attorney Kelly Hayes, in recent days, met with Deputy Attorney General Todd Blanche to update him on her investigation of Schiff.”Hayes, an…

Changes affect number of foreign universities recognised by the PM&DC, decide who can receive a provisional license The new change of rules issued by the Pakistan Medical & Dental Council (PM&DC) has created a storm of confusion amongst Pakistanis’ who were foreign medical university graduates. The changes affect the number of foreign universities recognised by the PMDC, deciding who can receive a provisional license needed to go ahead with their house job or who have to pass the National Registration Examination (NRE) exam to gain a provisional license. What are the changes? Only graduates from PM&DC-recognised foreign medical universities will…

The U.S. government is not in talks with quantum computing companies to take equity stakes in the firms in exchange for federal funding, a Commerce Department official told CNBC.”The Commerce Department is not currently negotiating equity stakes with quantum computing companies,” the spokesperson said in a statement.The denial comes after the Wall Street Journal, citing people familiar with the matter, said that the Trump administration was in talks with companies including IonQ, Rigetti Computing, and D-Wave Quantum.During trading on Thursday, Rigetti was up 7%, IonQ was up 7%, D-Wave was up 13%, and Quantum Computing was up 5%.The Trump administration…

An American Airlines plane lands at the Miami International Airport on July 24, 2025 in Miami, Florida. Joe Raedle | Getty ImagesAmerican Airlines has hired nearly three-decade industry veteran Nat Pieper to be its new commercial chief as the carrier’s profits trail rivals Delta and United.American ousted its former chief commercial officer, Vasu Raja, in 2024 after his business travel strategy backfired and sparked pushback from lucrative corporate travel agencies, while revenue projections dropped sharply.Pieper, 56, has worked in the industry since the late 1990s with experience at Northwest Airlines, Delta and Alaska Airlines. Most recently, he’s run the massive…

Anthropic and Google officially announced their cloud partnership Thursday, a deal that gives the artificial intelligence company access to up to one million of Google’s custom-designed Tensor Processing Units, or TPUs.The deal, which is worth tens of billions of dollars, is the company’s largest TPU commitment yet and is expected to bring well over a gigawatt of AI compute capacity online in 2026.Industry estimates peg the cost of a 1-gigawatt data center at around $50 billion, with roughly $35 billion of that typically allocated to chips. While competitors tout even loftier projections — OpenAI’s 33-gigawatt “Stargate” chief among them —…

Pakistan has resumed Afghan transit trade on a phased basis after a 10-day suspension, following the “immediate ceasefire” agreement reached with the Taliban government in Doha, Qatar. Around 300 vehicles that had been stranded at various locations are now being cleared, beginning with operations via the Chaman border crossing. According to a detailed notification issued by the Directorate of Transit Trade (Customs), the cargo operations will be completed in three stages. The directive states that all regular transit trade activities will resume on a “first in, first out” basis once the existing backlog is cleared. Read: FBR suspends Afghan Transit…