A listing on the NYSE requires a company to meet strict requirements covering financial health, share distribution and corporate governance. Ether treasury company Bitmine Immersion Technologies has started trading on the New York Stock Exchange after uplisting from NYSE American as the company expanded its share buyback program. The Ether (ETH) treasury company’s stock began trading on the NYSE at market open on Thursday under its existing “BMNR” ticker symbol, Bitmine announced Thursday. Bitmine chairman Tom Lee said it’s a major milestone for the company as the NYSE is considered one of the world's top exchanges. Read more
The CIA has already tested AI across 300 projects to process large data sets, assist with language translation and publish reports. The US Central Intelligence Agency said it will embed “AI co-workers” directly into its analytics platforms to assist analysts with detecting spies and anticipating hostile moves by foreign adversaries. “Within the next couple of years, we will have AI co-workers built into all of the agency’s analytic platforms — a kind of classified version of generative AI that will help our analysts with basic tasks,” CIA Deputy Director Michael Ellis reportedly said on Thursday during an event hosted by the Special Competitive Studies Project in Washington, DC. According to Politico, Ellis said the AI co-workers would assist intelligence officers with drafting key judgments, testing analytical conclusions and identifying trends in intelligence that the agency gathers from abroad. Read more
For the longer-term, the new owners have outlined a plan to double the national flag carrier’s fleet to 60 aircraft.—Reuters/file KARACHI: Arif Habib, chairman of the Arif Habib Consortium, which owns Pakistan International Airlines (PIA), has said that the national flag carrier currently has 30 aircraft, of which 18 are operational, and five to six require repair and maintenance. Speaking to industrialists at the Korangi Association of Trade and Industry (KATI) on Thursday, he said the airline is working to make these aircraft operational, and adding them back to the fleet will bring the total to 26. The long-term target is to expand the fleet to 60 aircraft. Pakistan, he said, had become more economically stable, and that this fiscal year’s figures showed the government had increased revenue, met all expenditure and paid interest on debt. However, he stressed the need to reduce production costs to boost economic growth. He said electricity tariffs remained high because of capacity charges and low consumptio...