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Microsoft (MSFT.O) on Wednesday said it expects to keep generating cash through its just-started fiscal 2027 and gave a capital expenditure forecast below Wall Street estimates after an accounting change for data center leases. The company also forecast sales and cloud growth that beat expectations for its current fiscal first quarter, after it also topped Wall Street estimates for quarterly cloud revenue growth in its fiscal fourth quarter ended June 30. All told, the metrics were a sign Microsoft’s massive AI spending bets were paying off, easing investor concerns that one of tech’s biggest cash generators was spending heavily in…
Senior Democratic Congressman Frank Pallone has demanded documents and answers from Elon Musk regarding the environmental and public health impact of xAI’s Colossus artificial intelligence data centre operations in Tennessee and Mississippi. Pallone, the ranking Democrat on the House Energy and Commerce Committee, sent a letter to Musk requesting information on the turbines used at the Colossus 1 and Colossus 2 facilities, emissions data, permitting records and communications with government officials. He also sought analyses related to the facilities’ emissions, electricity consumption and water usage, and requested a visit to the sites with committee staff. The New Jersey congressman said…
The US military completed a “heavy wave of strikes” against Iran on Thursday in retaliation for Tehran targeting American bases in Jordan, as fighting intensified in the Middle East war after a nearly week-long pause. The reignited hostilities appear to have dashed hopes of a quick return to negotiations between the foes. US President Donald Trump had vowed to hit Iran “hard” after Tehran launched missiles at Jordan, its first regional strike in days. American forces “successfully completed a heavy wave of strikes against Iran”, and struck dozens of Islamic Revolutionary Guard targets including military command centres, US Central Command…
French authorities gave the go-ahead Thursday for 84,000 evacuees forced out by a monster wildfire to go back to their homes in southwest France, the strongest sign yet that firefighters are turning a corner in their battle against the flames that have burned an area four times the size of Paris. Europe is enduring one of its hottest summers on record, with wildfires breaking out in areas stretching from the Atlantic coast to the eastern Mediterranean and hundreds of thousands of people ordered to evacuate from homes and vacation destinations. Firefighters fanned out to battle infernos in places like England,…
A Russian ballistic missile and drone barrage across Ukraine overnight into Thursday killed at least eight civilians, including children, and wounded more than 50 others, officials said. The blitz expanded Russia’s almost daily bombardment of Ukrainian cities as Moscow apparently looked to exploit Kyiv’s critical shortage of Western-supplied anti-ballistic missile defenses. NATO member Poland, meanwhile, was looking into Ukrainian reports that a Russian cruise missile entered its airspace during the onslaught in an incident that could deepen tensions between the Western military alliance and Moscow. European countries, mistrustful of the Kremlin’s wider ambitions, fear that the war in Ukraine could…
Pakistan’s continued closure of its airspace in 2025 has dealt a significant blow to India’s aviation sector, with Air India attributing a major portion of its financial losses to the restrictions. According to international aviation publication FlightGlobal, Air India recorded a loss of nearly $2.3 billion during the financial year ending March 31. The airline said the closure of Pakistan’s airspace following the Pakistan-India conflict forced it to reroute flights operating on western routes, leading to a substantial increase in operational costs. Air India also cited rising fuel prices triggered by the US-Iran conflict and broader economic volatility as additional…
On the directives of Prime Minister Shehbaz Sharif, the Ministry of Foreign Affairs on Thursday briefed the prime minister on enhancing services at Pakistani embassies for overseas Pakistanis, digitizing the document attestation process, simplifying the complaints mechanism, and introducing digital systems for carrying out various tasks and payments in Pakistan from abroad. During the meeting chaired by the prime minister, the Ministry of Foreign Affairs, Pakistan’s ambassadors posted in various countries, the Ministry of Interior, the Federal Investigation Agency (FIA), the Ministry of Information Technology, and other senior officials briefed him on the progress made. The prime minister said that…
Pakistan is making all-out efforts to bring the United States and Iran back to the negotiating table under the Islamabad memorandum of understanding (MoU) signed last month, the Foreign Office (FO) said on Thursday. Addressing a weekly press briefing, FO spokesperson Tahir Andrabi said Pakistan was concerned over the fragile security situation in the Middle East despite a relative calm in recent days, which had raised hopes for a lasting ceasefire and the resumption of dialogue. He reaffirmed Pakistan’s stance that diplomacy and dialogue remained the “only viable path forward” to resolve disputes and reduce tensions. “We welcome all efforts…
China launched a pair of communication technology test satellites from the Taiyuan Satellite Launch Center in north China’s Shanxi Province on July 30. A modified Long March-6 carrier rocket lifted off at 9 a.m. carrying the satellites, successfully placing them into their preset orbits. The satellites will be mainly used for services including satellite communications, broadcasting and television, and data transmission. They will also carry out related technology tests and verification. Developed by the Shanghai Academy of Spaceflight Technology, the rocket is the new-generation medium-lift launch vehicle that supports diverse high-density launch requirements. It is able to send at least…
Ten years after a car accident left him with impaired hand function, a patient at Shanghai’s Huashan Hospital received the world’s first commercial implant of a regulator-approved invasive brain-computer interface (BCI) on July 13. The surgery utilized Neuracle Technology’s NEO system, which collects and decodes epidural brain signals to restore hand mobility through external assistive devices. The landmark surgery took place four months after the NEO system secured Class III medical device registration from China’s National Medical Products Administration (NMPA) on March 13, 2026—making it the first implantable BCI medical device cleared for commercial prescription worldwide. Beyond a single surgical…
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