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  • Samsung issues rare apology for poor results in tech ‘crisis’

    Samsung issues rare apology for poor results in tech ‘crisis’

    Samsung Electronics issued a rare apology and acknowledged on Tuesday it was facing a “crisis” over its technological competitiveness, reflected in a disappointing profit guidance, despite a global AI boom.

    Samsung said it expected third-quarter profits to rise to 9.1 trillion won ($6.8 billion), up 274.5 per cent from a year earlier, falling short of market expectations as the company struggles to leverage robust demand for the chips used in artificial intelligence servers.

    “Today, we, the management of Samsung Electronics, would like to first say sorry to you,” Samsung said in a statement signed by Jun Young-hyun, the vice chairman of its device solutions division.

    It said “concerns have arisen about our fundamental technological competitiveness and the future of the company” because of the results.

    “Our management will take the lead in overcoming the crisis […] We will make the serious situation we are currently facing an opportunity for a resurgence.”

    The results are up around three-fold from the same period last year but down nearly 13pc from the previous quarter.

    The rare apology came about a week after the tech giant said it intended to reduce staff in some of its operations in Asia, describing the move as “routine workforce adjustments”.

    Bloomberg reported that the layoffs could affect about 10pc of the workforce in those markets, while other reports claimed the planned move could affect up to 30pc of overseas employees at some operations.

    Samsung has been lagging behind South Korea’s SK hynix when it comes to high bandwidth memory (HBM) chips used in AI chipsets, which could be one of the biggest causes of the profit estimate released on Tuesday, said Kim Dae-jong at Sejong University in Seoul.

    “Given the circumstances, it appears that Samsung has also lost a significant number of (HBM-related) employees to SK hynix,” Kim told AFP.

    The company was facing a “grave situation”, he said.

    Shares in Samsung fell 1.31pc in afternoon trading in Seoul, with its stock down almost 30pc over the past six months.

    ‘Expected decline’

    The Samsung statement said management would “quickly assess and make any necessary adjustments to our workplace culture”.

    The firm is the flagship subsidiary of South Korean giant Samsung Group, by far the largest of the family-controlled conglomerates known as “chaebol” that dominate business in Asia’s fourth-largest economy.

    Jene Park, a senior analyst at Counterpoint Research, said there had been “an expected decline” in Samsung’s memory sector, with delays in supply of the newest chips and general reductions in memory demand.

    Even so, a sharp profit or sales decline was unlikely in the near future, he said. “Samsung plays a significant role in the global supply chain,” Park said.

    The company’s estimate for its sales for the third quarter was seen increasing 17.2pc on-year to 79 trillion won.

    Samsung is expected to release its final earnings report at the end of this month.

  • Aleema Khan reveals details of how she was arrested

    Aleema Khan reveals details of how she was arrested

    Aleema Khan, the sister of the founder Pakistan Tehreek-e-Insaf (PTI) Imran Khan, has revealed details of how, along with her sister Uzma Khan, was arrested during the Islamabad protest.

    Sardar Qadeer Advocate posted a video on X (formerly Twitter) in which Aleema Khan said that federal capital police arrested her following an interview she gave to a journalist, stressing, “We were not committing any violation at that time.”

    She said, “Section 144 was imposed, not a curfew; I could have been arrested only if the curfew was imposed.”

    Aleema Khan revealed that many elderly women around 60 to 80 years of age were detained by federal police in the same cell as her, and the police didn’t provide them medicine for two days.

    Imran Khan’s sister said that they were deceived when the police shifted them to the I-H police line instead of presenting them before the court, and added, “We were apprehended, not even served food or medicines for multiple hours on the last day. The next morning, we did not have cash; police collected money to buy food and then served us breakfast.”

    She demanded that authorities provide proof of the section 144 violation allegedly committed by the elderly detained women: “If it were proven, they would embrace even ten-year imprisonment.”

  • Imran Khan approaches United Nations expert over 26th constitutional amendments

    Imran Khan approaches United Nations expert over 26th constitutional amendments

    Founder of Pakistan Tehreek-e-Insaf (PTI) Imran Khan has approached the United Nations (UN) Special Representative on the Independence of Judges and Lawyers against the incumbent government’s proposed constitutional amendments.

    According to the United Kingdom (UK) website, which offers legal assistance, former Prime Minister (PM) Imran Khan has filed an urgent appeal to the UN Special Rapporteur through Edward Fitzgerald KC, Tatyana Eatwell and Jennifer Robinson.

    Imran’s family advised Eatwell and Robinson to conduct UN engagement and international advocacy on his behalf.

    The appeal voiced concerns that the incumbent government’s proposed twenty-sixth constitutional amendments would curb the independence of the judiciary, and the rule of law added that constitutional amendments would pose a serious threat to the fundamental rights of Imran Khan and his followers in Pakistan.

    International counsel for Imran Khan and his family, Edward Fitzgerald KC, Tatyana Eatwell and Jennifer Robinson, stated, “The proposed amendments are clearly aimed at removing the jurisdiction and powers of the Supreme Court, at a time when the judiciary in Pakistan is already under threat. Judges have been threatened and coerced to deliver prescribed verdicts in controversial cases.”

  • If you earn money through YouTube, your money is haram; Zakir Naik makes another controversial claim

    If you earn money through YouTube, your money is haram; Zakir Naik makes another controversial claim

    Indian Islamic scholar Dr. Zakir Naik has claimed that earning money from YouTube and Facebook ads is haram according to Islamic principles.

    In his recent videos at Port City, he talked about whetever YouTube and Facebook ads earnings are haram or halal. He said that earning revenue from YouTube ads is ‘Haram’. You see music and girls on YouTube ads, which is against Islamic principles.

    He said that he has more than 24 million subscribers on YouTube, but he has not allowed monetisation on his channel even though he has the potential to earn a huge ammount. There are many content creators who are using his videos with a thumbnail of girls, earning money and getting more views than original content, he said.

    He emphasises the importance of earning money ethically by influencing Islam like him, not by influencing others things like vlogs and other stuff. He is facing swear criticism on many other topics, especially on the issue of unmarried women.

    He is currently in Pakistan, visiting various cities across the country. Earlier, he visited Pakistan in the 1990s.

  • KP govt dismisses allegations of deal with establishment after Gandapur’s ‘disappearance’

    KP govt dismisses allegations of deal with establishment after Gandapur’s ‘disappearance’

    Khyber Pakhtunkhwa Chief Minster’s Advisor Barrister Mohammad Ali Saif ruled out allegations of Ali Amin Gandapur making a deal with the military establishment.

    Talking on Geo News last night, he said, “It is false that CM Gandapur has made any deal [with institutions],” after Gandapur went missing for more than 24 hours after reaching KP House in Islamabad for a PTI protest.

    Gandapur made a sudden entry into the KP Assembly House on Sunday night after PTI alleged that he had been abducted.

    Ali Amin, in his signature fiery style, narrated a mysterious tale of how he survived and reached the parliament by himself.

    “Police raided the KP House multiple times […] Listen IG [Inspector-General of Police]. I was there the whole night,” Gandapur revealed that he had never left the KP House while managing to hide in the building.

    PTI supporters on social media have strongly criticised the party leadership, especially Ali Amin Gandapur, for allegedly abandoning the protestors on October 5 in Islamabad.

    Furthermore, Defence MInsiter Khawaja Asif called CM KP a “swindler”, referring to his “absence” last week.

  • Dr Mahrang Baloch not allowed to leave for Time magazine event in New York

    Dr Mahrang Baloch not allowed to leave for Time magazine event in New York

    Baloch activist Dr. Mahrang Baloch was recently offloaded from a flight to New York by the federal government just before she boarded the flight to attend a Time magazine event this week.

    Dr Mahrang Baloch accused the government of illegally offloading her from the flight, saying the action reflected the state’s “growing fear and insecurity” toward Baloch voices.

    Dr Baloch was featured in the list of 100 most influential people for “advocating peacefully for Baloch rights.”

    In a post on X, Dr Mahrang said she was offloaded from her flight to New York by a Federal Investigation Agency (FIA) official “without any valid or legal justification,” adding that her passport was also confiscated.

    “I was unjustly stopped at Karachi International Airport with no legal or valid given reason, which is a clear violation of my fundamental right to freedom of movement,” Baloch wrote while adding, “This action reflects the growing fear and insecurity of the state toward Baloch voices.”

    Her lawyer and human rights activist, Jibran Nasir, posted a picture of her along with a video showcasing her fellow activist, Sammi Baloch, being manhandled by unidentified men.

    Jibran Nasir wrote, “The State in order to cover up its lapses, failures and inability to provide effective security against terror attacks chooses to target and harass peaceful activists. Not only was Mahrang Baloch not allowed to board her flight last night but later as per reports her and Sammi Baloch while leaving airport were stopped and manhandled, their driver beaten up and car keys taken away. Mahrang was travelling to New York for Time Magazine’s gala where she along with other ‘Most Influential Emerging Leaders of the Year’ were invited.”

    Dr Baloch protested and promised to fight back against this action. “I will fight back against this unjust restriction on my rights to movement.”

  • Duo wins Physics Nobel for key breakthroughs in AI

    Duo wins Physics Nobel for key breakthroughs in AI

    American John Hopfield and British-Canadian Geoffrey Hinton won the Nobel Prize in Physics on Tuesday for pioneering work in the development of artificial intelligence.

    The pair were honored “for foundational discoveries and inventions that enable machine learning with artificial neural networks,” the jury said.

    “This year’s two Nobel Laureates in Physics have used tools from physics to develop methods that are the foundation of today’s powerful machine learning,” the Swedish Royal Academy of Sciences said in a statement.

    Hopfield, 91, a professor at Princeton University, was spotlighted for having created “an associative memory that can store and reconstruct images and other types of patterns in data.”

    The jury said Hinton, a 76-year-old professor at the University of Toronto, “invented a method that can autonomously find properties in data, and so perform tasks such as identifying specific elements in pictures.”

    “I’m flabbergasted… I had no idea that could happen,” Hinton told reporters via a phone interview as the winners of the award were announced in Stockholm.
    The pair will receive their prize, consisting of a diploma, a gold medal and a $1 million cheque, from King Carl XVI Gustaf in Stockholm on December 10, the anniversary of the 1896 death of scientist Alfred Nobel who created the prizes in his last will and testament.

    Last year, the Nobel Prize in Physics went to France’s Pierre Agostini, Hungarian-Austrian Ferenc Krausz and Franco-Swede Anne L’Huillier for research using ultra quick light flashes that enable the study of electrons inside atoms and molecules.

    The Nobel season continues this week with the announcement of the winner, or winners, of the chemistry prize on Wednesday — followed by the much-anticipated prizes for literature on Thursday and peace on Friday.

    The Economics Prize winds things up on Monday, October 14.

    Awarded since 1901, the Nobel Prizes honor those who have, in the words of prize creator and scientist Alfred Nobel, “conferred the greatest benefit on humankind.”

  • PAK vs ENG: Pakistan bowled out for 556 runs in the first innings

    PAK vs ENG: Pakistan bowled out for 556 runs in the first innings

    The Pakistan cricket team has been bowled out for 556 runs on the second day of the first Test at Multan Cricket Stadium.

    On the second day of the match, Saud Shakeel and Naseem Shah started the game; Naseem Shah returned to the pavilion after scoring 33 runs on a score of 388, while Mohammad Rizwan, who came after him, got out without scoring any runs.

    Saud Shakeel fell for the national team’s seventh wicket of 450. Saud Shakeel was caught out after scoring 82 runs off 177 balls. After Saud, Amir Jamal scored seven runs, and then Shaheen Shah Afridi returned to the pavilion after scoring 26 runs.

    Apart from ths Salman Ali Afgha scored 104 runs.

    Jack Leach took three while Gus Atkinson and Brydon Carse took two wickets each

    DAY 1:

    Shan Masood completed his century with the help of 2 sixes and 10 fours.

    On the other hand, Abdullah Shafiq also scored a century and then got out for 102 runs; the partnership between the two was 253 runs.

    After the dismissal of Abdullah Shafiq, captain Shan Masood was also caught out after scoring 151 runs with only two runs added.

    Shortly before the end of play on the first day, Babar Azam also returned to the pavilion after scoring 30 runs; Saud Shakeel 35 and Naseem Shah was at the crease without scoring a run.

    Pakistan: 328/4 (80 overs)

    Saud Shakeel 35* Naseem Shah 0*

    Pakistan: 260/1 (58 overs)

    Abdullah Shafiq 102* (174) Shan Masood 149* (164)

    Tea Break- Pakistan: 233/1 (52 overs)

    Abdullah Shafiq 94* (161) Shan Masood 130* (142)

    -Pakistan: 202/1 (43 overs)

    Abdullah Shafiq 76* (126) Shan Masood 117* (123)

    -Pakistan: 122/1 (25 overs)

    Abdullah Shafiq 53* (82) Shan Masood 61* (59)

    Wickets fall: Saim Ayub 4 (10)

    On behalf of Pakistan, Abdullah Shafiq and Saim Ayub opened the innings, but Saim returned to the pavilion after scoring only four runs.

    Previous Details:

    Pakistan has won the toss and decided to bat against England in the first Test in Multan.

    In the match being played at the Multan Cricket Stadium, Shan Masood, the captain of the national team, won the toss and decided to bat first.

    Shan Masood said we have two spinners and three fast bowlers on the team, and we want to change things and get back on track.

    On the other hand, English captain Ole Pop said that if we had won the toss, we would have batted.

    Pakistan playing XI:

    Pakistan’s playing XI includes captain Shaan Masood, Saud Shakeel, Babar Azam, Saim Ayub, Abdullah Shafiq, Muhammad Rizwan, Salman Ali Agha, Aamir Jamal, Shaheen Afridi, Naseem Shah and Abrar Ahmed.

  • Taqi Ahmed gets furious over troll’s ‘better off dead’ comment

    Taqi Ahmed gets furious over troll’s ‘better off dead’ comment

    Famous personalities face trolling on social media nearly every day, leading many of them to now close the comment sections under their posts.

    Recently, Geo Digital asked actor Taqi Ahmed about the most negative thing he has heard about himself.

    Taqi said, “A few years ago, I was severely injured in an accident, which was reported by news platforms.”

    He said that the news went viral. “I received messages from all sides wishing me a speedy recovery. I read the news on a platform on social media, and under it, a user had commented, ‘It would have been better if you had died.’”

    He added, “I was very angry reading that. How can someone say such things about another person? But social media is a very dangerous place.”

    He is currently appearing in the drama serial ‘Kaffarah’ on Geo Entertainment.

  • Woman among suspects arrested for Karachi blast

    Woman among suspects arrested for Karachi blast

    Several individuals, including a woman, have been taken into custody on suspicion of being involved in the blast near the International Airport Jinnah Terminal in Karachi that targeted Chinese nationals and left two of them dead.

    Investigation revealed that six to eight phone numbers were found to be suspicious in a geofencing process, leading to detailed checking, sources told Geo News.

    The terrorist was provided assistance from a nearby building, and the investigation team decided to include in the probe those who were aware of the Chinese engineers’ visit to Pakistan.

    The blast targeted a Chinese convoy on Sunday near Karachi airport. It was later claimed by the banned terrorist outfit Baluchistan Liberation Army’s Majeed brigade.

    The blast claimed three lives, including two Chinese, and left 17 injured.

    According to a bomb disposal unit report, the blast was triggered with the help of a remote control device installed in a car and approximately 70 to 80 kg of explosive material was utilised.