Meta’s AI spending spree lays bare its compute dilemma
Meta’s AI spending cut free cash flow 91% to $784 million, sending shares down 9%…
Meta’s AI spending spree lays bare its compute dilemma
Meta’s AI spending cut free cash flow 91% to $784 million, sending shares down 9% in premarket trade A 3D-printed Meta logo and word “AI” are seen in this illustration created on July 20, 2026. REUTERS/Dado Ruvic/Illustration/File Photo Meta can simultaneously advance its own artificial intelligence ambitions while renting out scarce computing capacity to boost…
LHC restrains NCCIA from arresting Imran’s sister Noreen Niazi in PECA case
The court directs her to appear before the relevant court within a week to seek further legal relief Pakistan Tehreek-e-Insaf Founder Imran Khan’s sister, Noreen Niazi. Photo: Express/file The Lahore High Court (LHC) on Thursday issued an interim order restraining the National Cyber Crime Investigation Agency (NCCIA) from arresting Pakistan Tehreek-e- Insaf Founder Imran Khan’s…
SBP to study impact of daily oil price changes
Chief economist says central bank should draw up plan to combat inflationary pressures ISLAMABAD: The government has directed the State Bank of Pakistan (SBP) to carry out a study to assess the impact of daily price revision of petroleum products on inflation in line with the international best practices and establish a mechanism to curb…
History-making captain Rahane retires
LONDON: India’s Ajinkya Rahane announced his retirement from international cricket on Thursday, bringing the curtain down on a career highlighted by his leadership during a remarkable 2021 Test series victory in Australia. The middle-order batsman played 85 Tests, 90 one-day internationals and 20 Twenty20 matches, but fell out of favourwith selectors after a drop in form and last played…
‘Stokes should return for ‘one more Ashes’
SYDNEY: Australia coach Andrew McDonald says Ben Stokes has “a lot of good cricket left in him” and believes England’s new Test coach should lure him of international retirement for the Ashes. The all-rounder called it quits in extraordinary fashion during the third Test against New Zealand at Trent Bridge in late June, making his…
AJK Assembly passes resolution seeking Truth Commission into recent unrest
Resolution calls for independent inquiry into recent violence, relief for victims and reforms to prevent future unrest The Azad Jammu and Kashmir (AJK) Legislative Assembly on Thursday passed a resolution calling for the establishment of an independent Truth Commission to investigate the recent unrest, examine all deaths, injuries and property losses, and recommend relief and reforms….
PSX falls 495 points as US-Iran tensions overshadow market
KSE-100 closes at 175,547; oil & cement stocks lead decline; Bank Alfalah fails to lift index A broker talks on a phone as he watches latest share prices at the Pakistan Stock Exchange in Karachi on January 27, 2023. — AFP The Pakistan Stock Exchange (PSX) closed in the red on Thursday, with the KSE-100…
Messi returns to Miami training
MIAMI: Lionel Messi returned to training with his US club side Inter Miami on Wednesday, 10 days after losing the World Cup final with Argentina. The superstar forward was shown stepping onto the training field alongside his Miami teammate Luis Suarez in a video posted to social media by the Major League Soccer club. Since…
De Zerbi wants Bergvall at Spurs, but can’t promise starting role
Lucas Bergvall (left) tussles for the ball after starting for Tottenham in the 1-1 draw with Sydney FC. Photo: AFP LONDON: Roberto De Zerbi said he wants in-demand midfielder Lucas Bergvall to stay at Tottenham, but cannot guarantee the Sweden World Cup player a starting role. The 20-year-old reportedly wants to leave with interest from Newcastle and Nottingham Forest. His future was…
Petroleum minister defends daily fuel pricing as lawmakers question mechanism
Ali Pervaiz Malik says daily revisions curb supply manipulation as senators criticise system, rising fuel prices Minister for Petroleum and Natural Resources Ali Pervaiz Malik speaks during an interview with Reuters, during the Pakistan Minerals Investment Forum 2025, in Islamabad, Pakistan April 8, 2025. Photo: Reuters ISLAMABAD: Petroleum Minister Ali Pervaiz Malik on Thursday defended…
