Author: i2wtc

Alibaba announced plans to release a pair of smart glasses powered by its AI models. The Quark AI Glasses are Alibaba’s first foray into the smart glasses product category.AlibabaAlibaba on Thursday announced pricing for its upcoming artificial intelligence glasses and launched a new chatbot powered by its latest AI models.The Chinese technology giant said the Quark AI Glasses will go on pre-sale on Oct. 24 on Alibaba’s e-commerce platform Tmall. The pre-sale price will start at 4,699 Chinese yuan ($659.4) but after applying various discounts, will cost 3,999 yuan.Alibaba will begin shipping the product from December.The Hangzhou-headquartered firm also unveiled…

This drone photo taken on Oct. 23, 2025 shows the all-electric bulk carrier Gezhouba in Yichang, central China’s Hubei Province. China’s biggest all-electric bulk carrier, named Gezhouba, was launched on Thursday in Yichang, central China’s Hubei Province, marking a key milestone in the country’s green and intelligent shipping sector. The vessel, with a length of nearly 130 meters and a maximum load capacity of over 13,000 tonnes, is equipped with 12 lithium battery power units providing total energy capacity of 24,000 kWh. Its developer said this vessel allows for rapid battery swapping and boasts a range of 500 kilometers. (Xinhua/Xiao…

Prime Minister Shehbaz Sharif. Photo: File ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday held an important meeting with Members of Parliament and political leaders from Khyber-Pakhtunkhwa to discuss the country’s overall political landscape and review the progress of ongoing development projects in the province. The meeting, held at the Prime Minister’s Office, focused on federal efforts to boost socioeconomic development in K-P and enhance coordination between the center and provincial stakeholders, a Prime Minister’s Office news release said. Prime Minister Shehbaz reiterated the government’s commitment to equitable development across all regions, emphasizing that Khyber Pakhtunkhwa remains a key priority in…

Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025.Tom Brenner | The Washington Post | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Flat tireAll eyes were on Tesla yesterday, when the electric vehicle maker became the first Magnificent Seven company to report earnings for the new season. Investors weren’t impressed: Though quarterly revenue was higher than a year ago, snapping two down quarters, earnings per…

Prospective home buyers leave a property for sale during an Open House in a neighborhood in Clarksburg, Maryland.Roberto Schmidt | AFP | Getty ImagesThe majority of would-be homebuyers expect mortgage rates to continue their recent decline, and it’s one of the main reasons why they’re waiting to make a purchase, according to the findings of a new CNBC Housing Market Survey.Rates have been creeping down over the last few months and are hovering around the lowest level in a year, with the average rate on the popular 30-year fixed loan now sitting at 6.17%, according to Mortgage News Daily. But…

A foreign purchaser communicates with an exhibitor at a booth of glasses during the 138th edition of the China Import and Export Fair (Canton Fair) in Guangzhou, south China’s Guangdong Province, Oct. 23, 2025. The second phase of the 138th edition of the Canton Fair kicked off here on Thursday, showcasing quality household goods, gifts, decorations, building materials, and furniture. Spanning an area of 515,000 square meters, the offline exhibition features 25,000 booths and over 10,000 participating enterprises. (Xinhua/Deng Hua)GUANGZHOU, Oct. 23 (Xinhua) — The second phase of the 138th China Import and Export Fair (Canton Fair) opened on Thursday…

ISLAMABAD: Amid a public spat over “defective” bulletproof vehicles, Interior Minister Mohsin Naqvi on Wednesday announced that the disputed vehicles would now be sent to Balochistan instead. The move followed K-P Chief Minister Sohail Afridi’s criticism of Islamabad’s counterterrorism policy and his claim that the vehicles provided by the federal government were “old and faulty”. His remarks prompted swift reactions from both the interior ministry and Balochistan Chief Minister Sarfraz Bugti, highlighting renewed tensions between the Centre and provinces over security cooperation. Balochistan CM Sarfraz Bugti waded into the controversy late Tuesday, saying that if K-P refused the bulletproof vehicles,…

The world of enterprise AI is dominated by U.S. names from Microsoft to Salesforce, but Europe has a major player that is pushing hard into the space: SAP.In an exclusive interview with CNBC’s “Europe Early Edition,” SAP CEO Christian Klein said that AI is “the number one reason” why customers are signing deals with the firm.  “After we close Q4, actually, 80, 85% of our revenue for next year is already done. So, [a] good pipeline for Q4 and with that, when we close out the year, our customers, also our investors, can expect there’s also very positive output,” he said. SAP’s…

ISLAMABAD: A Pakistan Navy ship seized narcotics worth more than $972 million from sailboats in the Arabian Sea, according to a statement from the naval network overseeing the operation on Wednesday. PNS Yarmook, while operating under the Saudi-led Combined Task Force 150 (CTF-150) of the Combined Maritime Forces (CMF), successfully executed a major counter-narcotics operation in the North Arabian Sea, resulting in the seizure of narcotics valued at approximately $972 million. The Combined Maritime Force (CMF), a naval partnership that includes the United States, said the Pakistani naval vessel last week intercepted two different dhow sailing boats within 48 hours.…

Parts of the IBM Quantum System Two are displayed at IBM Thomas J. Watson Research Center in Yorktown Heights, New York on June 6, 2025.Angela Weiss | Afp | Getty ImagesThe Trump administration is in talks with several quantum-computing firms about giving the Commerce Department equity stakes in exchange for federal funding, the Wall Street Journal reported on Wednesday. The Journal, citing anonymous sources familiar with the matter, said the companies include IonQ, Rigetti Computing and D-Wave Quantum. Other firms, such as Quantum Computing Inc. and Atom Computing, are considering similar arrangements, it added. The news aligns with recent efforts by Washington…