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Apple sued by shareholders for allegedly overstating AI progress
Apple sued by shareholders for allegedly overstating AI progress

The Star

time20-06-2025

  • Business
  • The Star

Apple sued by shareholders for allegedly overstating AI progress

FILE PHOTO: People walk past an Apple logo at an Apple store in Paris, France, April 23, 2025. REUTERS/Abdul Saboor/File photo (Reuters) -Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it needed to integrate advanced artificial intelligence into its Siri voice assistant, hurting iPhone sales and its stock price. The complaint covers shareholders who suffered potentially hundreds of billions of dollars of losses in the year ending June 9, when Apple introduced several features and aesthetic improvements for its products but kept AI changes modest. Apple did not immediately respond to requests for comment. CEO Tim Cook, Chief Financial Officer Kevan Parekh and former CFO Luca Maestri are also defendants in the lawsuit filed in San Francisco federal court. Shareholders led by Eric Tucker said that at its June 2024 Worldwide Developers Conference, Apple led them to believe AI would be a key driver of iPhone 16 devices, when it launched Apple Intelligence to make Siri more powerful and user-friendly. But they said the Cupertino, California-based company lacked a functional prototype of AI-based Siri features, and could not reasonably believe the features would ever be ready for iPhone 16s. Shareholders said the truth began to emerge on March 7 when Apple delayed some Siri upgrades to 2026, and continued through this year's Worldwide Developers Conference on June 9 when Apple's assessment of its AI progress disappointed analysts. Apple shares have lost nearly one-fourth of their value since their December 26, 2024 record high, wiping out approximately $900 billion of market value. The case is Tucker v. Apple Inc et al, U.S. District Court, Northern District of California, No. 25-05197. (Reporting by Jonathan Stempel in New York; Editing by Mark Porter and Rod Nickel)

4,650 harassment cases taken up in four years
4,650 harassment cases taken up in four years

Express Tribune

time16-06-2025

  • Express Tribune

4,650 harassment cases taken up in four years

Punjab Ombudsperson for Women Nabila Hakim Ali revealed that her office received 4,650 harassment complaints during her four-year tenure, of which only 50 are currently under investigation while all others have been resolved. She was addressing the National Civil Society Convention 2025 held at University Law College, Multan. She said that with a positive spirit and a desire for change, success is inevitable. "My conscience is satisfied that I worked beyond my capacity for women's rights," she added. She said her office helped women recover inheritance property worth Rs1,200 billion during the past four years. Nabila Hakim Ali emphasised that South Punjab remained a key focus of her efforts. She conducted the most visits to the region, established four sub-offices of the Ombudsperson in South Punjab, and initiated anti-harassment committees there before any other area. Awareness seminars, case hearings, and workshops also prioritised the region. During the event, video documentaries highlighted the ombudsperson's four-year performance. Dr Abdul Saboor, CEO of Lodhran Pilot Project, praised her services, stating her tenure will be remembered for ensuring justice to oppressed women. Dr Roma, Chairperson of the Harassment Committee at Bahauddin Zakariya University, called for collective efforts to restore women's dignity and rightful place in society.

Afghan civil servants face bleak Eid after salaries delayed
Afghan civil servants face bleak Eid after salaries delayed

Khaleej Times

time05-06-2025

  • Business
  • Khaleej Times

Afghan civil servants face bleak Eid after salaries delayed

Abdul Saboor usually treats his children to new clothes for the Eid al-Adha holiday but like many Afghan public sector workers, he is scraping by this year awaiting a delayed salary. The Taliban government has faced recurring difficulties paying civil servants since returning to power in 2021, leaving families grappling with financial uncertainty in one of the world's poorest countries. "We bought only cookies and dried fruits for Eid," said Saboor, which he said would be shared with visiting friends. One of the biggest holidays in the Muslim calendar, Eid al-Adha -- which begins on Saturday -- is celebrated with the sacrifice of an animal shared among family, neighbours and the needy to honour Ibhrahim's, or Abraham's, willingness to sacrifice his son, before God offered a sheep instead. The 45-year-old, who works for the Parwan provincial government's rural development department, was relieved to cash in two months' salary last week, but he put the money directly into paying off debts to shops he'd been relying on for credit. "We couldn't go to some shopkeepers, we were embarrassed," he told AFP. Afghanistan has faced major economic challenges since 2021 and is experiencing one of the world's most severe humanitarian crises, according to the United Nations. "Delays in the payment of wages and salaries point to persistent liquidity constraints and broader challenges in ensuring timely government expenditures," the World Bank said in an April report. Despite signs of recovery, the economic outlook remains "uncertain", the Bank said, with "growing fiscal pressures", a widening trade deficit and entrenched poverty. Public sector workers faced a similar struggle in March, receiving some delayed pay ahead of the Eid al-Fitr holiday marking the end of the holy fasting month of Ramadan. 'Make ends meet' The finance ministry said this week it was in the process of paying all civil servants two months' worth of unpaid salaries, without explaining the delay or saying if future wages would be paid on time. Since the start of June, "almost all of the departments have received their salaries" for two months, spokesman Ahmad Wali Haqmal told AFP on Tuesday. The Taliban government has not made its recent budgets public -- but experts say security spending has been prioritised at the expense of other departments. On Wednesday morning, a central Kabul bank was packed with government employees shouting for their turn to collect salaries before the Eid holiday. In Kandahar city, government-paid workers also lined up to collect their money, some voicing only gratitude for getting paid. Hayatullah, a 21-year-old teacher in the Taliban heartland province, said he only received one-month's salary. "We will try to make ends meet," he said, refusing to give his full name for fear of reprisal. "But we can't afford the Eid expenses." 'Children's expectations' Last year, the government slashed salaries of women staff who were forced to stay home since the Taliban seized power and prevented them from working in mixed offices. Jobs have been cut from other departments in recent months, though government spokesman Zabihullah Mujahid in April said reducing staff was a "normal" process aimed at improving efficiency. Mohammad, who works for a government office in Ghor and did not want to give his real name for fear of reprisal, said he had already spent his salary paying back loans to shopkeepers and had nothing left for Eid celebrations. "We received the salaries for two months very late and we have faced a lot of problems during this period," he said. "Eid is coming and when there is no money, it is really worrying -- there are the children's expectations, family's expectations and Eid day expenses," said the 40-year-old who is the only breadwinner for 10 people. "My family has to wait."

Paris welcomes its 'sublime' champions on the Champs Elysees
Paris welcomes its 'sublime' champions on the Champs Elysees

Straits Times

time01-06-2025

  • Sport
  • Straits Times

Paris welcomes its 'sublime' champions on the Champs Elysees

Soccer Football - Champions League - Paris St Germain Victory Parade - Paris, France - June 1, 2025 General view of smoke rising as the Paris St Germain players celebrate after winning the Champions League on the bus during the victory parade REUTERS/Abdul Saboor Soccer Football - Champions League - Paris St Germain Victory Parade - Paris, France - June 1, 2025 Paris St Germain players celebrate after winning the Champions League on the bus during the victory parade REUTERS/Christian Hartmann Soccer Football - Champions League - Paris St Germain Victory Parade - Paris, France - June 1, 2025 Paris St Germain players and coach Luis Enrique celebrate after winning the Champions League on the bus during the victory parade REUTERS/Abdul Saboor Soccer Football - Champions League - Paris St Germain Victory Parade - Paris, France - June 1, 2025 Paris St Germain players celebrate after winning the Champions League on the bus during the victory parade REUTERS/Christian Hartmann Soccer Football - Champions League - Paris St Germain Victory Parade - Paris, France - June 1, 2025 General view of smoke rising as the Paris St Germain players celebrate after winning the Champions League on the bus during the victory parade REUTERS/Abdul Saboor PARIS - Paris St Germain held a victory parade on the Champs Elysees for thousands of cheering supporters on Sunday after crushing Inter Milan 5-0 to win their first Champions League title. Dressed in the club's blue-and-red colours, fans gathered in the French capital's most famous avenue to welcome their Parisian heroes. The players showed off the coveted trophy from their open top bus and joined in the crowd's singing. "We are the champions!", "Ici c'est Paris!" (Paris is here) and other chants reverberated throughout the avenue. The squad then headed for the nearby Elysee palace where they were greeted by President Emmanuel Macron. "You won this Champions League, and you did it in a sublime, phenomenal way. You are the champions, and you put Paris at the top of Europe. And it was magnificent," Macron said. "We all felt the excitement. There were 11 of you on the pitch, but there was clearly a 12th man - the French public ... regardless of traditional allegiances." PSG's young team achieved what the likes of Lionel Messi, Neymar and Kylian Mbappe could not do in their colours, becoming only the second French side to win the trophy after Olympique de Marseille in 1993. "It's unbelievable," said one fan Leo Rogue, 22, standing in the middle of the packed crowd in a vintage PSG top. "I don't have the words ... We've been waiting for this for a long time." Police capped numbers at 100,000 for security reasons. Some youngsters climbed on scaffolding or news stands to better take in the moment. Jamel, 55, was disappointed to be stopped near an entrance to the parade as numbers had reached a maximum, but was not letting that spoil his celebration. "Yesterday I partied and today I'm partying," he said. Wild celebrations erupted across the French capital and beyond on Saturday night, although skirmishes with police later threatened to spoil the party. The club condemned violence on X. "Paris St Germain calls on everyone to show responsibility and respect, for that historic win to remain a moment of pride shared by all," it said. Celebrations continued on Sunday evening at the Parc des Princes stadium. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

Paris welcomes its champions on the Champs Elysees
Paris welcomes its champions on the Champs Elysees

Straits Times

time01-06-2025

  • Sport
  • Straits Times

Paris welcomes its champions on the Champs Elysees

Soccer Football - Champions League - Paris St Germain Victory Parade - Paris, France - June 1, 2025 General view of smoke rising as the Paris St Germain players celebrate after winning the Champions League on the bus during the victory parade REUTERS/Abdul Saboor Soccer Football - Champions League - Paris St Germain Victory Parade - Paris, France - June 1, 2025 Paris St Germain players celebrate after winning the Champions League on the bus during the victory parade REUTERS/Christian Hartmann Soccer Football - Champions League - Paris St Germain Victory Parade - Paris, France - June 1, 2025 Paris St Germain players and coach Luis Enrique celebrate after winning the Champions League on the bus during the victory parade REUTERS/Abdul Saboor Soccer Football - Champions League - Paris St Germain Victory Parade - Paris, France - June 1, 2025 Paris St Germain players celebrate after winning the Champions League on the bus during the victory parade REUTERS/Christian Hartmann Soccer Football - Champions League - Paris St Germain Victory Parade - Paris, France - June 1, 2025 General view of smoke rising as the Paris St Germain players celebrate after winning the Champions League on the bus during the victory parade REUTERS/Abdul Saboor PARIS - Paris St Germain held a victory parade on the Champs Elysees for thousands of cheering supporters on Sunday after crushing Inter Milan 5-0 to win their first Champions League title. Dressed in the club's blue-and-red colours, fans gathered in the French capital's most famous avenue to welcome their Parisian heroes. The players showed off the coveted trophy from their open top bus and joined in the crowd's singing. "We are the champions!", "Ici c'est Paris!" (Paris is here) and other chants reverberated throughout the avenue. PSG's young team achieved what the likes of Lionel Messi, Neymar and Kylian Mbappe could not do in their colours, becoming only the second French side to win the trophy after Olympique de Marseille in 1993. "It's unbelievable," said one fan Leo Rogue, 22, standing in the middle of the packed crowd in a vintage PSG top. "I don't have the words ... We've been waiting for this for a long time." Police capped numbers at 100,000 for security reasons. Some youngsters climbed on scaffolding or news stands to better take in the moment. Jamel, 55, was disappointed to be stopped near an entrance to the parade as numbers had reached a maximum, but was not letting that spoil his celebration. "Yesterday I partied and today I'm partying," he said. Wild celebrations erupted across the French capital and beyond on Saturday night, although skirmishes with police later threatened to spoil the party. The club condemned violence on X. "Paris St Germain calls on everyone to show responsibility and respect, for that historic win to remain a moment of pride shared by all," it said. Celebrations were due to continue on Sunday evening at the Parc des Princes stadium. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

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