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Microsoft said on Tuesday it was laying off less than 3% of its workforce, or around 6,000 employees, as the technology giant looks to rein in costs while funneling billions of dollars into its ambitious bet on artificial intelligence. The cuts will be across all levels and geographies and are likely the largest since Microsoft laid off 10,000 employees in 2023. The company let a small number of staff go in January over performance-related issues, but the new cuts are not related to that, according to CNBC, which first reported the news. Big Tech has been spending heavily on AI…

The fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum issued a Beijing Declaration . The declaration states that amid a changing global landscape, the China-CELAC Forum has become a key platform for deepening cooperation between China and Latin American and Caribbean countries. It calls for stronger unity among countries of the Global South to jointly promote modernization and sustainable development. The declaration also emphasizes the importance of enhanced multilateral cooperation to address global challenges, upholding the purposes and principles of the United Nations Charter and international law. It advocates for inclusive, mutually beneficial…

The Second AI Capacity Building Workshop, hosted by China’s Ministry of Foreign Affairs, opened at Tsinghua University in Beijing on May 12. Officials and experts from nearly 40 countries and international organizations, including ASEAN and the African Union, are taking part in the workshop. Ma Zhaoxu, China’s vice foreign minister, attended and addressed the opening ceremony. He said that Chinese President Xi Jinping’s Global AI Governance Initiative has provided a Chinese solution to this contemporary challenge, contributing Chinese wisdom and pointing the direction for global AI governance. Ma called on all countries to uphold the concept of a shared future…

Chinese Foreign Minister Wang Yi called on China and Latin American and Caribbean (LAC) countries to join hands in building a mega market of some 2 billion people, which he said will not only provide a new engine for growth but also open up new opportunities for global prosperity. Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks at a news conference in Beijing after the opening ceremony of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum. Prospects for cooperation between China…

China is willing to strengthen solidarity with Latin American and Caribbean (LAC) countries and continue supporting each other on issues concerning their core interests and major concerns, Chinese President Xi Jinping said . Xi made the remarks when delivering a keynote speech at the opening ceremony of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum in Beijing, adding that both sides should enhance communication and coordination on major international and regional issues. In the next three years, China will invite 300 leading officials of political parties from CELAC member states to visit…

Pakistan on Tuesday strongly rejected what it termed “provocative and inflammatory assertions” made by Indian Prime Minister Narendra Modi warning that such remarks risk further destabilising an already tense regional environment and represent a “dangerous escalation.” In a statement issued by Foreign Office Spokesperson Shafqat Ali Khan, Islamabad described the Indian premier’s recent address as “rooted in misinformation, political opportunism, and a blatant disregard for international law.” “At a time when the world is making concerted efforts to restore regional peace and stability, such statements only serve to derail progress,” the spokesperson said, adding that India’s portrayal of Pakistan as…

ISLAMABAD (DI NEWS) : At the 4th International Digital Security Forum in Vienna, internationally renowned speakers will discuss the major challenges facing our sovereignty and global cooperation  Vienna (AIT) – From June 4 to 6, 2025, Vienna will be the center for global discourse on digital security, technological sovereignty and international cyber resilience for the fourth time. With the support of the Austrian Federal Chancellery (BKA) and the State Secretariat for Digitalization as well as the Austrian Federal Ministries for European and International Affairs (BMEIA), for Innovation, Mobility and Infrastructure (BMIMI), for Finance (BMF), for the Interior (BMI) and for…

Pakistan Army on Tuesday released the official details of military and civilian casualties sustained during the recent confrontation with India, now commemorated as Marka-e-Haq — a term marking what the government has described as a decisive defensive operation. According to the Inter-Services Public Relations (ISPR), 11 soldiers embraced martyrdom while defending the country, and 78 personnel were injured in the line of duty during  ‘Operation Bunyan-un-Marsus’, in response to Indian aggression on May 6 and 7. The ISPR revealed that among the martyrs were six army personnel and five air force officials. Those who laid down their lives for the homeland…

Pakistan Cricket Board Chairman Mohsin Naqvi has officially announced appointment of Mike Hesson as the head coach of Pakistan’s white-ball cricket team. “I am pleased to announce Mike Hesson as the new head coach of the Pakistan team,” said Naqvi. Hesson will assume his responsibilities from May 26, joining the national setup specifically for white-ball formats. Naqvi stated that the position had been vacant, and several applications were reviewed before finalizing the appointment. Mike Hesson, known for his coaching success with New Zealand, is expected to bring valuable experience to Pakistan’s limited-overs cricket setup. Hesson comes in to fill the…

ISLAMABAD (PEN) : Foreign media reports that shares of Dassault Aviation, the manufacturer of Rafale fighter jets, have seen a continued decline in value. The company’s stock fell by another 4.70%, bringing the total drop to over 8% in just one week. Uncertainty surrounding Dassault Aviation’s future outlook remains high, as market confidence appears shaken. Earlier, the shares of Dassault Aviation –  the French company behind the Rafale fighter jet-  fell sharply by 6% on Wednesday. The development came after Pakistan’s air force shot down 5 Indian aircraft, including three Rafale jets, in the wake of rising military tensions along…