Author: i2wtc

Okta on Tuesday topped Wall Street’s third-quarter estimates, but CEO Todd McKinnon said upside from its AI agents aren’t “fully baked” into results.Shares of the identity management provider fell more than 3% in after-hours trading on Tuesday.Here’s how the company did versus LSEG estimates:Earnings per share: 82 cents adjusted vs. 76 cents expectedRevenue: $742 million vs. $730 million expectedRevenues increased almost 12% from $665 million in the year-ago period. Net income nearly tripled to $43 million from $16 million a year ago. Subscription revenues grew 11% to $724 million, ahead of a $715 million estimate. During the quarter, Okta released…

Foreign Ministry says aid delivery delayed by 60 hours, India denies blocking airspace Pakistan’s Ministry of Foreign Affairs has reported that its humanitarian assistance mission to Sri Lanka has been delayed for more than 60 hours due to India withholding full flight clearance. A special aircraft carrying Pakistan’s aid to Sri Lanka has been awaiting clearance to enter Indian airspace. The ministry said that the partial clearance granted by India late Sunday, after a 48-hour wait, was operationally impractical, being limited to only a few hours and not valid for the return journey. The Foreign Ministry described the delay as…

OpenAI’s EMEA startups head Laura Modiano spoke at the Sifted Summit on Wednesday, 8 October.Nurphoto | Nurphoto | Getty ImagesOpenAI’s artificial intelligence chatbot ChatGPT is down for some users. The company said it is “currently experiencing issues,” including “increased ChatGPT error rates,” according to an update on OpenAI’s status page. “We have applied the mitigation and are monitoring the recovery,” the status page said. OpenAI did not immediately respond to a request for comment. Roughly 3,000 people reported issues with the chatbot on Tuesday, according to Downdetector, a website that tracks outages. The outage comes days after OpenAI disclosed a…

Sabrina Carpenter performs during her “Short n’ Sweet” tour at Madison Square Garden on October 26, 2025 in New York, New York. Kevin Mazur | Getty ImagesPop star Sabrina Carpenter on Tuesday blasted the Trump administration for using her hit 2024 song “Juno” as the soundtrack for a TikTok video showing Immigration and Customs Enforcement agents detaining people during raids.”This video is evil and disgusting,” Carpenter wrote on X, in response to the White House posting the ICE video on TikTok.”Do not ever involve me or my music to benefit your inhumane agenda,” she added.The clip posted by the White…

The Sinclair Broadcast Group, Inc. headquarters are seen July 17, 2024 in Cockeysville, Maryland.Kevin Dietsch | Getty ImagesThe broadcast television industry knows it needs to consolidate. It’s just struggling with how to do it.In August, Nexstar Media Group, the largest owner of broadcast stations in the U.S., announced a proposed $6.2 billion deal to buy Tegna — a combination that would bring together more than 260 stations across the U.S. Last week, Sinclair, the owner of 179 local TV affiliates, made a hostile offer to acquire its smaller peer E.W. Scripps after buying up nearly 10% of the company on…

Saqib will serve three-year term on honorary basis, resigning as SAPM to comply with bureaucratic rulesMinister of State for Crypto, Blockchain and CEO of the Pakistan Crypto Council Bilal Bin Saqib. Photo: X Bilal bin Saqib, Minister of State for Crypto and Blockchain, has been appointed Chairman of the Pakistan Virtual Asset Regulatory Authority (PVARA) for a three-year term on an honorary basis, following a decision of the federal cabinet that takes effect immediately. Following the appointment, he has resigned from his post as Special Assistant to the Prime Minister (SAPM) on Blockchain and Crypto to comply with bureaucratic regulations,…

From India’s shadow to emerging regional leader, country’s funding rebounds, crypto frameworks develop “Pakistan is undoubtedly a rising star in digital assets, even if this is still a “honeymoon phase” for the South Asian country in a notoriously volatile fintech segment. How Pakistan responds to its first major crypto shock will ultimately reveal the depth of its commitment.” This is what Forbes has reported on Pakistan’s current fintech landscape. Fintech’s centre of gravity in South Asia may finally be shifting, and Pakistan is emerging as the region’s unexpected powerhouse. For years, India’s dominance kept neighbouring fintech ecosystems in its shadow.…

Sam Altman is feeling the pressure.The OpenAI CEO sent a memo to his staffers on Monday outlining a “code red” effort to improve its chatbot ChatGPT, according to multiple reports. Altman said OpenAI will be pulling back on investments in areas like health, shopping and advertising as it works to prioritize ChatGPT, the reports said.OpenAI declined to comment on Tuesday.”Our focus now is to keep making ChatGPT more capable, continue growing, and expand access around the world — while making it feel even more intuitive and personal,” Nick Turley, head of ChatGPT at OpenAI, wrote in a post Monday on…

Secretary of Agriculture Brooke Rollins conducts a news conference with Speaker of the House Mike Johnson, R-La., in the U.S. Capitol on the government shutdown on Friday, October 31, 2025. Tom Williams | Cq-roll Call, Inc. | Getty ImagesU.S. Agriculture Secretary Brooke Rollins on Tuesday threatened to cut off federal funding to Democratic-leaning states over their alleged refusal to share SNAP program data with the Trump administration.The administration “will begin to stop moving federal funds into those states” starting next week “until they comply,” Rollins told President Donald Trump during a Cabinet meeting at the White House.Rollins said her department…

A desire for deep discounts inspired 202.9 million U.S. consumers to shop during the five-day stretch from Thanksgiving Day through Cyber Monday, according to a survey by the National Retail Federation and Prosper Insights & Analytics released on Tuesday.That estimated total surpassed the major trade group’s forecast that 186.9 million people would shop during the five-day period. It also increased from last year’s turnout of 197 million shoppers during the same period. The shopping turnout is the largest since NRF began tracking the five-day total in 2017, and topped the previous high of 200.4 million shoppers during the same days…