Author: i2wtc

Samsung Galaxy XR HeadsetCourtesy: SamsungIt’s been more than 17 years since the modern smartphone era began with the launch of the iPhone, and tech companies have been obsessed with trying to disrupt it ever since.The most common approach is mixed reality XR headsets: computerized goggles that put all of your apps and other digital content right in front of your face.Samsung is the latest to take on the category with the Galaxy XR. Samsung will start selling it on Tuesday night for $1,800, about half the price of Apple’s Vision Pro. Early adopters will also get a suite of digital…

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Oil marketing companies likely to get 15-day consignment releases without full bank guarantees, say sources The threat of a shortage of petroleum products has been temporarily averted after the Sindh government cleared a Pakistan State Oil (PSO) vessel on a 15-day undertaking. The clearance of petroleum consignments at Karachi Port had been delayed due to the provincial government’s enforcement of a 1.8% Sindh Infrastructure Development Cess, prompting fears of a nationwide fuel shortage. The 1.8% cess is expected to increase the cost of petroleum products by more than Rs3 per litre. Although fuel prices are regulated, the levy’s imposition will…

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Provincial govt releases one oil cargo, demands bank guarantees instead of undertaking from companies to clear cargoesCM Sindh Murad Ali Shah. Photo: Sindh Government The oil crisis in the country may deepen as the industry faces possible collapse due to the claims of Rs180 billion on account of the Sindh Infrastructure Development Cess imposed by the Sindh government on the import of petroleum products. The Sindh government on Tuesday released one oil cargo of Pakistan State Oil (PSO), stuck at the port over the SIDC issue. Now, the provincial government is seeking guarantees from PSO and other oil marketing companies…

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Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023.Gonzalo Fuentes | ReutersSpaceX and Tesla CEO Elon Musk criticized acting NASA Administrator Sean Duffy after he told media outlets this week that the billionaire’s space company is falling behind U.S. plans to return to the moon.”The person responsible for America’s space program can’t have a 2 digit IQ,” Musk wrote in a Tuesday post on X.In response to other user posts, Musk referred to the Transportation secretary as “*Sean Dummy” and said he is “trying…

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Paul J. Ingrassia, nominee to lead the Office of Special Counsel.Source: DHSPaul Ingrassia, whom President Donald Trump had nominated to lead the Office of the Special Counsel, withdrew from Senate consideration for that post on Tuesday night after new controversy over a series of racist text messages he reportedly sent that included him saying he had a “Nazi streak.”Ingrassia’s nomination was already considered doomed in the Senate, where Trump’s Republican Party holds a majority, and where multiple key GOP senators said they would not vote to confirm far-right former podcaster as Special Counsel.”I will be withdrawing myself from Thursday’s [Senate…

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National Polio Eradication Campaign administers polio drops to over 43.7m children across PakistanA health worker administers anti-polio drops to a child during the launch of the citywide vaccination campaign, marking another crucial step in the fight to protect future generations from the crippling disease. PHOTO: JALAL QURESHI/EXPRESS The Regional Reference Laboratory for Polio Eradication at the National Institute of Health (NIH), Islamabad, has confirmed a new case of wild poliovirus in District Torghar, Khyber-Pakhtunkhwa. This is the second case from District Torghar this year. Wild poliovirus (WPV1) was detected in a 12-month-old boy from Union Council Ghari, Torghar. With this…

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Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBCA day ahead of Tesla’s quarterly earnings report, a coalition of unions and corporate watchdogs wants investors to focus their attention on matters of governance.On Tuesday, a group that includes the American Federation of Teachers and Public Citizen launched a website for Take Back Tesla, a campaign urging shareholders to vote against a new pay package for CEO Elon Musk that would net him nearly $1 trillion worth of stock and expand his control over the company.Tesla’s board floated the pay proposal in September, saying the largest ever CEO…

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He claimed key wickets of de Zorzi and Brevis to reduce visitors to 185-4 at stumps Asif Afridi, 38, picked up his maiden Test wicket in the form of Tony de Zorzi. Photo: AFP The second and final Test between Pakistan and South Africa remains evenly poised following fighting half-centuries from Tony de Zorzi and Tristan Stubbs and late blows from debutant Asif Afridi in Rawalpindi Cricket Stadium on Tuesday. Day two at stumps, South Africa were 185-4 with Tristan Stubbs unbeaten 68 and Kyle Verreynne (10) at the crease in reply to Pakistan’s 333. The Proteas are still trailing…

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Cheng Xin | Getty Images News | Getty ImagesDraftKings is acquiring predictions platform Railbird as it prepares to launch a mobile platform in the coming months to be called DraftKings Predictions.Railbird is licensed by the Commodity Futures Trading Commission to offer an event contracts exchange. DraftKings targeted the company for its team and proprietary technology. “We are excited about the additional opportunity that prediction markets could represent for our business,” DraftKings CEO Jason Robins said in a statement to CNBC. “We believe that Railbird’s team and platform—combined with DraftKings’ scale, trusted brand, and proven expertise in mobile-first products—positions us to win in…

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The Mattel, Inc. logo is displayed outside the headquarters of the toy company known for products including Barbie and Hot Wheels in El Segundo, California on June 8, 2023.Patrick T. Fallon | AFP | Getty ImagesBarbie-maker Mattel posted third-quarter results after the market close on Tuesday that missed analysts’ expectations as ongoing global tariffs continue to hamper the toy manufacturer’s sales in North America.Shares of the company fell 4% in after hours trading.Here’s what Mattel reported for its third quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: 89 cents adjusted…

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