Author: i2wtc

Satya Nadella, CEO of Microsoft, speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.Gerry Miller | CNBCMicrosoft CEO Satya Nadella is getting a big bump in his compensation, as the company’s stock price has continued to rally, propelled by the boom in artificial intelligence. Nadella’s total pay for fiscal 2025 climbed 22% to $96.5 million from $79.1 million last year, Microsoft said in a proxy filing after the close of regular trading on Tuesday. That includes more than $84 million in stock awards and over $9.5 million in Nadella’s cash incentives.The pay…

An aerial drone photo taken on Oct. 2, 2024 shows a view of the Nansha Bridge, which links Guangzhou City and Dongguan City, and ships along the Shiziyang channel in the Pearl River Estuary area, in south China’s Guangdong Province. (Xinhua/Liu Dawei)BEIJING, Oct. 21 (Xinhua) — China is set to expand its network of intellectual property (IP) protection centers with the approval of a new national-level center in Dongguan, south China’s Guangdong Province, the country’s top IP regulator said Tuesday.The new center will facilitate rapid and coordinated IP protection work to innovators in the industries of intelligent terminal and new…

Pastor Marvin Winans faces backlash after video shows him correcting churchgoer’s donation during Detroit service Pastor Marvin Winans has drawn widespread criticism after a video surfaced showing him reprimanding a church member during a fundraising event at Detroit’s Perfecting Church. The incident occurred during the congregation’s “Day of Giving” service, where Winans encouraged members to donate what he described as “$1,000 plus 1.” The confusion began when several attendees interpreted the phrase as an instruction to give two separate $1,000 donations, while others understood it differently. One woman came forward with a contribution of $1,235, saying, “I’m giving in faith…

Nicoletaionescu | Istock | Getty ImagesIt is tech’s biggest question, and there is a wide range of takes on every side.With artificial intelligence-driven spending leading to record deals and valuations, seemingly everyone is weighing in on the AI boom — and potential bust.Economic bubbles happen with a rapid rise in market values and asset prices in a specific area, often fueled by speculation, followed by a crash during which money is quickly taken out.More than 1,300 AI startups now have valuations of over $100 million, with 498 AI “unicorns,” or companies with valuations of $1 billion or more, according to…

Over 200 trucks carrying tomatoes, onions, grapes, apples stranded at Torkham crossing, halting trade with South Asia Afghanistan’s fresh fruit exporters face mounting losses as the closure of a key land route into Pakistan leaves over 200 trucks carrying tomatoes, onions, grapes, and apples stranded at the Torkham crossing, halting trade with South Asian markets. According to the Dry Fruit Exporters Union, fresh fruit shipments have virtually stopped, although limited quantities of dried fruit are still being flown out. “It is now apple season, and the only nearby and convenient route for selling fruit has been lost,” said a spokesperson.…

U.S. President Donald Trump gestures as he hosts a Rose Garden Club lunch at the White House in Washington, D.C., U.S., October 21, 2025. Kevin Lamarque | ReutersPresident Donald Trump has demanded that the Department of Justice pay him a whopping $230 million in compensation for its criminal investigations of him after his first term in the White House ended, The New York Times reported Tuesday.The Times noted that any potential settlement might have to be approved by people he has appointed during his second term.One of them, Deputy Attorney General Todd Blanche, previously represented Trump as a defense attorney…

Still from Netflix’s “KPop Demon Hunters.”NetflixNetflix is partnering with both Hasbro and Mattel to bring “KPop Demon Hunters” toys to shelves.The animated film, which debuted on the streaming service in June, has become Netflix’s most popular film of all time, with more than 325 million views worldwide. Its popularity has spurred Netflix to release it twice in theaters — once in August for a two-day weekend event and again next week around Halloween.Partnering with Mattel and Hasbro will allow Netflix to offer a suite of consumer products based around the film.Mattel will handle dolls, action figures, accessories and playsets, while…

For Malam Zameer, who has lived in Peshawar’s Khababiyan Afghan refugee camp for the past four decades, the thought of returning to Afghanistan feels both unimaginable and heartbreaking. Born in Afghanistan but raised in Pakistan, he never thought he would have to leave the place where most of his children were born and raised. “Since the de-notification of refugee camps, I can hardly sleep,” Zameer told The Express Tribune. “We’re being asked to go back, but how can we afford it? It costs between Rs200,000 to Rs300,000 to transport our belongings to Afghanistan. Most of us are daily wage laborers,…

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.Roughly a decade ago, cryptocurrency began to show up in the residential real estate market. There were stories of the first bitcoin home sale, but really it was just people buying in the currency and then converting it back to dollars. Now crypto is being used more for leverage. Lenders…

Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesNetflix is due to report third-quarter earnings after the closing bell Tuesday.The streaming service is no longer offering investors quarterly subscriber updates, but Wall Street will be keen to hear how recent price hikes and the platform’s growing advertising tier are faring — especially as businesses across all sectors grapple with consumers tightening their purse strings.Here’s what Wall Street expects for the company’s most recent quarter: Earnings per share: $6.97, according to LSEGRevenue: $11.51 billion, according to LSEGNetflix posted major earnings beats for the first and second quarter of the year. The company noted that…