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Microsoft, OpenAI restructure deal: What two companies gain and lose under the new agreement

OpenAI, the creator of ChatGPT, has completed a major corporate restructuring, converting its core business into a traditional for-profit entity called OpenAI Group PBC, which will remain under the control of its non-profit arm, now dubbed the OpenAI Foundation. The move, which took nearly a year to negotiate and removes a significant cloud of uncertainty,…

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Agreement with ‘foreign country’ to strike Afghanistan: Pakistan’s big confession at Turkey talks; seeks retreat

In a rare confession, Pakistan has admitted to having an agreement with a “foreign country” which allowed it to carry drone strikes on Afghanistan soil, Tolo News reported citing source. It has sought retreat from the Turkey talks asking the Afghan side to “accept that Pakistan has the right to carry out attacks on Afghan…

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‘Golden Age’: US, Japan sign agreement on ‘securing’ supply of rare earths; ahead of Donald Trump’s meeting with Xi Jinping

The United States and Japan have signed a new deal aimed at securing supplies of critical minerals and rare earths, as President Donald Trump hailed a “golden age” in relations with Tokyo. The agreement, signed during Trump’s visit to Japan on Tuesday, reflects a growing effort by Washington to reduce its dependence on China for…

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Donald Trump at ASEAN: US and Malaysia sign major trade agreement; more deals from Indo-Pacific partners in process

US President Donald Trump signed a trade agreement with Malaysian Prime Minister Anwar Ibrahim and took part in the signing of a historic peace deal between Cambodia and Thailand, called the “Kuala Lumpur Peace Accords”.Trump arrived in the country to attend the ongoing ASEAN Summit.“Today, the Prime Minister and I signed a major trade deal…

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US-China trade talks: ‘Moving forward’ towards final agreement; Trump expresses hope for ‘comprehensive deal’ with Xi

US officials indicated progress in finalizing details of a trade agreement with China, following recent talks in Malaysia. The discussions aimed to de-escalate a costly tariff dispute, with both nations seeking a resolution. This development comes amid heightened tensions and threats of further tariffs. The announcement comes after the latest round of trade talks in…

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Facebook takes 30% stake in Reliance AI venture, Reliance Intelligence; here’s what ‘amended’ JV agreement says

Meta Platforms’ Facebook Overseas has acquired a 30% stake in Reliance Enterprise Intelligence Limited (REIL), a new AI venture launched by Mukesh Ambani‘s Reliance Industries, according to a regulatory filing. Reliance Intelligence Limited, RIL‘s wholly owned AI subsidiary, will hold the remaining 70% stake in the joint venture, which was formally incorporated on October 24,…

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India-US trade deal soon? ‘Very near’ to concluding agreement – government official shares big update; ‘no new hurdles…’

The Donald Trump administration has imposed 50% tariffs on Indian exports. (AI image) India-US trade deal: India and the US are ‘very near’ to finalizing a trade deal, a government official said. The statement also indicated that India and the US are fine-tuning details of the trade deal.The two countries have completed five rounds of…

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Lasting truce? Pakistan, Afghanistan agree to immediate ceasefire; agreement in Qatar

Pakistan and Afghanistan have agreed to an immediate ceasefire after several days of deadly cross-border clashes, Qatar’s foreign ministry said on Sunday. The announcement came after at least 10 people were killed in Pakistani airstrikes that followed an earlier truce. “During the negotiations, the two sides agreed to an immediate ceasefire and the establishment of…

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Jung Sung-il ends nine-year marriage by mutual agreement; duo committed to co-parenting son |

Actor Jung Sung-il has decided to end his nine-year marriage following careful discussions with his spouse, his agency XYZ Studio said in an official statement, emphasizing that the decision was reached amicably without fault attributed to either party, TenAsia reported. The agency asked that speculation and distortions be avoided, noting that legal procedures have been…

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‘This took 3,000 years’: Donald Trump signs Gaza peace deal in Egypt summit; claims agreement will ‘hold up’

Donald Trump signs Gaza peace deal in Egypt summit (Picture credit: AP) US President Donald Trump and regional leaders signed a landmark Gaza peace deal on Monday during a summit in Sharm el-Sheikh, Egypt, hailing the moment as a historic step toward regional stability. Speaking at the event, Trump called it a “very important signing”…

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