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Oracle shares slide as earnings fail to ease AI bubble fears
Posted onShares of cloud computing giant Oracle plunged more than 10% in after-hours trading on Wednesday after the company’s revenues fell short of Wall Street expectations. The company reported revenue of $16.1bn (£12bn) for the three months that ended in November, compared with the $16.2bn projected by analysts. Revenue growth was still up 14%, with a…
Saudi Envoy Reaffirms Commitment to Strengthen Bilateral Ties with Pakistan
Posted onIslamabad: Nawaf bin Saeed Ahmad Al-Malkiy, Ambassador of the Kingdom of Saudi Arabia to Pakistan, on Thursday called on Federal Minister for Climate Change and Environmental Coordination Dr. Musadik Malik, where both sides held wide-ranging discussions on strengthening mutual and strategic cooperation. During the meeting, Dr. Musadik Malik outlined Pakistan’s key priorities in climate resilience,…
Punjab University Wins Gold in HEC Tug-of-War Competition
Posted onBy Farzana Chaudhry | LahoreLAHORE: University of the Punjab (PU) has secured first position and won the gold medal in the All Pakistan Higher Education Commission Pakistan Tug-of-War (Men) Competition.In the event, University of Central Punjab (UCP) clinched second position, while University of Management and Technology (UMT) secured third place. A total of 21 universities…
Who is Mojtaba Khamenei, Irans new supreme leader?
Posted onIn 1999, Mojtaba went to Qom, a holy city which is considered an important centre of Shia theology, to continue his religious studies. It is notable that he did not wear clerical clothing until this time, and it is unclear why he decided to attend a seminary at 30, as it is more usual to…
Pakistan China Joint Chamber of Commerce and Industry Sees AI Investment, China-Pakistan Economic Corridor 2.0 as Key to Pakistan’s Future Economy
Posted onBy Farzana Chaudhry | Lahore, PakistanLAHORE: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has highlighted the transformative potential of Pakistan-China cooperation under China-Pakistan Economic Corridor 2.0, alongside the government’s proposed $1 billion Artificial Intelligence (AI) fund, in driving Pakistan’s transition toward a robust digital economy.President PCJCCI Nazir Hussain described the AI fund…
UN General Assembly Adopts Landmark Resolution on Palestine’s Participation
Posted onGENEVA: The United Nations General Assembly (UNGA), during its 80th session, adopted a significant resolution enhancing Palestine’s participation in UN activities. The resolution received overwhelming support with 145 votes in favor, 5 against, and 6 abstentions. It lays out mechanisms to allow Palestine meaningful engagement in the UN system. According to the adopted text: The…
