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BingX Unveils "Infinite Vision" on 8th Anniversary, Accelerating Multi-Asset Expansion
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BingX Unveils “Infinite Vision” on 8th Anniversary, Accelerating Multi-Asset Expansion

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Pakistan, May 20, 2026 – BingX, a leading cryptocurrency exchange and Web3-AI company, today marked its 8th anniversary with the unveiling of its “Infinite Vision”, a long-term strategy that reflects the company’s evolution from a crypto exchange into an AI-native, multi-asset trading platform. It also embodies BingX’s ambition to go beyond crypto and build a more connected trading experience across digital assets, traditional financial markets, and emerging opportunities. The strategy is centered on four pillars: expanding multi-asset access, advancing AI-native trading, strengthening derivatives leadership, and accelerating localization. Multi-Asset, Multi-Market As trading increasingly extends beyond cryptocurrencies, BingX has placed a deep focus on broadening its product suite across multiple assets and market opportunities.Through BingX TradFi, users can already trade more than 100 traditional financial products, including gold, silver, stocks, commodities, forex, and indices.In its most recent additions, BingX announced SpaceX pre-IPO trading, and a world-first OpenAI pre-IPO airdrop on the platform, delivering exclusive traditional asset opportunities to its global users. An AI-Native Ecosystem At the center of Infinite Vision is the expansion of its intelligent, interconnected ecosystem. Through BingX AI, the company has built AI-native trading tools designed to simplify market analysis, strategy development, and decision-making for everyday traders.Integrated across TradFi, copy trading, and derivatives, BingX AI connects intelligent technology with community-driven trading to create a smarter and more accessible experience for users worldwide. Deepening Derivatives Leadership As a top-tier global derivatives platform, BingX continues to invest in futures infrastructure, product innovation, and next-generation trading tools.Building on recent launches such as Futures Trading 2.0 and EventX, the company is expanding its derivatives ecosystem to support a broader range of trading strategies across crypto, traditional financial markets, and event-driven opportunities. Accelerating Global Expansion Localization remains another major pillar of BingX’s global strategy, with the company continuing to deepen its regional presence through localized campaigns, strategic partnerships, community engagement, and offline activations. As part of its 8th anniversary celebrations, BingX will host offline community events across multiple cities globally to strengthen connections with communities. “Infinite reflects both where the industry is heading and what BingX is building for the future,” said Pablo Monti, BingX Spokesperson. “The next generation of trading will not be limited to a single asset class, market, or technology. We envision BingX as an interconnected ecosystem, where users can seamlessly access crypto, traditional financial markets, and emerging opportunities through AI-native tools, intelligent infrastructure, and localized experiences tailored to global communities. Our mission is to build a more accessible trading platform for users worldwide.” About BingX: Founded in 2018, BingX is a leading crypto exchange and Web3-AI company, serving over 40 million users worldwide. Ranked among the top five global crypto derivatives exchanges and a pioneer of crypto copy trading, BingX addresses the evolving needs of users across all experience levels. Powered by a comprehensive suite of AI-driven products and services, including futures, spot, copy trading, and TradFi offerings, BingX empowers users with innovative tools designed to enhance performance, confidence, and efficiency. BingX has been the principal partner of Chelsea FC since 2024, and became the first official crypto exchange partner of Scuderia Ferrari HP in 2026.For more information, please visit: https://bingx.com/

Stanford, MIT Scientists Create Solar Powered Device Producing Water From Air
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Stanford, MIT Scientists Create Solar Powered Device Producing Water From Air

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Researchers from Stanford University and Massachusetts Institute of Technology (MIT) have developed a breakthrough solar powered water system capable of extracting drinking water directly from the atmosphere using sunlight. The innovative technology could offer a practical solution for water shortages in dry and water stressed regions where access to clean drinking water remains limited. How the Solar Powered Water System Works At the center of the new system is a sponge like hydrogel made from lithium chloride and polyacrylamide. The material absorbs moisture from the air during cooler conditions and later releases the trapped vapor when exposed to sunlight. Researchers explained that solar heat triggers the release process. The vapor then condenses into liquid water that can be collected and used for drinking purposes. The technology relies entirely on solar energy, removing the need for electricity intensive water extraction methods. Durability Problem Finally Addressed Atmospheric water harvesting has been studied for years, but long term durability remained one of the biggest challenges preventing large scale use. Earlier versions of similar hydrogel systems began degrading after repeated solar exposure. Previous models reportedly survived only around 30 heating cycles before their performance declined significantly. Scientists discovered that the metal surface supporting the hydrogel reacted under continuous sunlight exposure. Those reactions gradually damaged the material and reduced efficiency over time. To solve the issue, researchers introduced a protective anti corrosion coating to block harmful reactions. The improvement dramatically increased the lifespan of the system. During testing, the upgraded solar powered water system successfully completed more than 190 solar driven cycles without noticeable degradation. Researchers said the system maintained stability over several months of continuous testing. Desert Testing Shows Promising Results Field trials were carried out in harsh desert environments where strong sunlight improved the performance of the system. Scientists noted that solar energy performs most of the work in both capturing moisture and releasing water from the hydrogel. Under current conditions, a single panel approximately the size of a bath towel can produce nearly two liters of drinking water per day. Researchers are now working to increase output levels to around five liters daily, which could make the technology more useful for rural communities, disaster relief operations, and emergency humanitarian situations. Potential Low Cost Water Solution The research team believes the technology could become an affordable water production method if manufactured on a larger scale. According to estimates shared by the scientists, the cost of generating water through this process could eventually fall below one cent per liter. Such pricing could make atmospheric water harvesting a viable solution for regions struggling with drought, climate change, and limited freshwater resources. Study Published in Nature Communications The findings were published in Nature Communications, highlighting growing global interest in technologies designed to extract water directly from the atmosphere. Despite the promising results, researchers cautioned that the solar powered water system is still in the experimental stage and not yet ready for widespread commercial deployment. However, experts believe the latest breakthrough represents major progress toward solving one of the field’s most persistent problems. The improved durability of the hydrogel system could help move atmospheric water harvesting closer to real world use in some of the planet’s driest regions.

NBP Launches ‘SmartPay’ to Streamline Digital Cash Management for Businesses
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NBP Launches ‘SmartPay’ to Streamline Digital Cash Management for Businesses

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Karachi, May 6, 2026: National Bank of Pakistan proudly announces the launch of NBP SmartPay, a state-of-the-art digital payment platform designed to transform the way businesses manage their financial transactions. NBP SmartPay is a comprehensive cash management solution tailored for corporate, commercial, and SME clients, enabling seamless, secure, and efficient handling of payments. The platform integrates a wide range of essential financial services into a single, user-friendly digital interface. With NBP SmartPay, businesses can conveniently execute vendor payments, process payroll, pay utility bills, and manage tax payments, all through one unified platform. This streamlined approach not only enhances operational efficiency but also reduces the complexity traditionally associated with financial management. Sharing his thoughts, Mr. Rehmat Ali Hasnie, President & CEO, NBP, said, “The launch of NBP SmartPay marks a significant milestone in our digital transformation journey. At NBP, we are committed to enabling businesses across Pakistan with innovative financial solutions that drive efficiency, foster growth, and support the country’s transition toward a digitally inclusive economy.” Commenting on the launch, Mr. Adnan Nasir, Chief Digital Officer, NBP stated, “NBP SmartPay represents our continued commitment to innovation and customer-centric solutions. By leveraging cutting-edge technology, we aim to empower businesses with greater control, transparency, and convenience in managing their financial operations.” The platform is built with advanced security features to ensure safe transactions, while its intuitive design allows users to navigate and manage their financial activities with ease. NBP SmartPay is expected to play a key role in supporting businesses as they increasingly adopt digital solutions to drive growth and efficiency.

Microwave Backhaul Emerges as Key to 5G Expansion Amid Fiber Challenges
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Microwave Backhaul Emerges as Key to 5G Expansion Amid Fiber Challenges

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Microwave backhaul for 5G is rapidly gaining importance as telecom operators seek faster and cost-effective solutions to support growing network demands. A recent industry outlook highlights that the global backhaul landscape could reach an almost equal split between microwave and fiber technologies by 2030, signaling a major shift in network infrastructure strategies. According to the latest Microwave Outlook Report, microwave technology has already shown steady growth. Over the past three years, the installed base of transceivers has expanded by 5%, reflecting increasing adoption among telecom operators worldwide. 5G Rollout Drives Demand for High-Capacity Backhaul The rapid expansion of 5G networks has intensified the need for reliable backhaul solutions. Each 5G cell site now requires capacity of several gigabits per second to meet rising consumer and enterprise data demands. Traditionally, fiber has been considered the primary solution for high-capacity backhaul. However, microwave backhaul for 5G is emerging as a strong alternative due to its flexibility and speed of deployment. Industry experts describe modern microwave systems as “wireless fiber.” These systems can now support speeds of up to 20 Gbps, making them capable of handling even the most demanding 5G workloads. Why Operators Are Turning to Microwave Telecom operators are increasingly choosing microwave technology due to practical challenges associated with fiber deployment. Installing fiber infrastructure can be costly and time-consuming, especially in areas where existing networks are unavailable. In remote or mountainous regions, laying fiber becomes even more complex. Additionally, regulatory hurdles such as permits and right-of-way approvals often delay deployment timelines. These factors increase the risk of stranded investments, particularly when operators aim to quickly expand 5G coverage. In contrast, microwave links can be installed rapidly. Operators can deploy microwave radios alongside 5G equipment, allowing networks to go live much faster. This approach enables companies to start generating revenue while waiting for long-term fiber solutions. Flexible and Scalable Network Strategy Experts recommend a hybrid approach to backhaul deployment. Operators can initially use microwave links to launch 5G services and later integrate fiber as a long-term solution. Once fiber becomes available, microwave systems can serve as backup infrastructure. Alternatively, they can be redeployed to other locations, ensuring efficient use of resources. Modern microwave solutions also address security concerns. Features such as over-the-hop encryption ensure secure data transmission, making the technology suitable for both consumer and enterprise applications. Advancements in Microwave Capacity Microwave technology has evolved significantly over the years. Traditional microwave links supported up to 600 Mbps, which was sufficient for older networks like 2G and 3G. However, advancements have dramatically increased capacity. One method involves using both vertical and horizontal polarization of spectrum to double transmission capacity. Additionally, operators are now shifting to higher frequency bands to overcome spectrum limitations. E-Band technology represents a major breakthrough in this area. It allows operators to achieve speeds of up to 10 Gbps over short distances. For high-capacity sites, combining multiple E-Band radios can deliver up to 20 Gbps, meeting the demands of modern 5G networks. Ericsson Marks 50 Years of Microwave Innovation The evolution of microwave technology is closely linked to innovations by companies like Ericsson. In 2026, the company marks 50 years of its MINI-LINK portfolio, which has played a key role in advancing microwave networks. Ericsson’s latest solutions, including the MINI-LINK 6356, offer industry-leading performance. These systems provide high output power and enhanced capacity, enabling operators to scale their networks efficiently. According to Kevin Murphy, President of Customer Unit North Middle East at Ericsson, microwave is no longer just a backup option. Instead, it has become a strategic choice for operators aiming to build resilient and scalable networks. Future of Backhaul Infrastructure As the race to 5G accelerates, the choice of backhaul technology will play a critical role in determining network success. Microwave backhaul for 5G offers a compelling combination of speed, flexibility, and cost efficiency. While fiber will continue to play a vital role, microwave solutions are expected to share the load equally in the coming years. This balanced approach will help operators meet increasing data demands while maintaining operational efficiency.

Ericsson Highlights 5G, AI-Led Growth Potential at EU–Pakistan Business Forum 2026!
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Ericsson Highlights 5G, AI-Led Growth Potential at EU–Pakistan Business Forum 2026!

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Islamabad, May 01: Ericsson has underscored the transformative role of advanced connectivity, artificial intelligence (AI), and 5G in accelerating Pakistan’s digital economy at the inaugural EU–Pakistan Business Forum 2026. Read More: The two-day forum, held in Islamabad, brought together senior government officials, global technology leaders, investors, and industry stakeholders to explore avenues for investment, innovation, and deeper economic cooperation between Pakistan and the European Union. Participating in high-level roundtable discussions and keynote sessions, Ericsson highlighted how next-generation networks and AI-driven infrastructure can unlock productivity gains across key sectors, including logistics, energy, mobility, and financial services—areas critical to Pakistan’s long-term economic growth. The discussions reinforced that connectivity is no longer a supporting utility but a core economic enabler, directly impacting competitiveness, private sector expansion, and digital inclusion. Ericsson Pakistan’s Country President, Aamir Ahsan, speaking alongside the Federal Minister for IT and Telecom, emphasized the importance of strong public–private partnerships in driving digital transformation at scale. He noted that enabling policies, spectrum readiness, and investment-friendly frameworks will be essential to fully realize the potential of 5G and AI in Pakistan. At its exhibition booth, Ericsson showcased its latest innovations and technology capabilities, demonstrating how differentiated, high-performance networks are enabling new business models, enhancing operational efficiency, and supporting emerging use cases across industries. The company’s engagement at the forum comes at a time when Pakistan is increasingly prioritizing digital infrastructure as a key pillar of economic development. Industry experts note that accelerated adoption of advanced connectivity solutions could significantly enhance productivity, improve service delivery, and attract foreign investment into the country’s growing digital ecosystem. With a long-standing presence in Pakistan, Ericsson continues to collaborate with local telecom operators, enterprises, and public sector stakeholders to develop secure, scalable, and future-ready networks—positioning connectivity as a catalyst for innovation, economic resilience, and inclusive growth.

Convicted Harvard Scientist Restarts Building Brain-Computer Lab in China
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Convicted Harvard Scientist Restarts Building Brain-Computer Lab in China

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A former Harvard scientist convicted in the United States has established a new brain-computer interface laboratory in China. This development raises fresh concerns about the transfer of sensitive American research expertise abroad. Read More: https://theboardroompk.com/govt-raises-rs114-billion-through-hybrid-sukuk-auction/ Move to China After Conviction Charles Lieber, once a leading nanoscientist at Harvard University, was found guilty in 2023 of lying to US authorities about his ties to China’s Thousand Talents Program.After serving his sentence, Lieber has now set up an advanced lab in Wuhan, focusing on brain-computer interface (BCI) technology. The new facility is reportedly equipped with cutting-edge tools for neural recording and stimulation research. Lieber’s work in China is backed by local funding and institutional support. Advancing Brain-Computer Technology Brain-computer interfaces allow direct communication between the human brain and external devices.Such technology has potential applications in medical treatments for paralysis as well as military and intelligence uses. Experts worry that Lieber’s knowledge gained from decades of US-funded research could now benefit China’s strategic ambitions. Lieber maintains that his current work is purely civilian and focused on helping patients with neurological disorders.US officials have expressed growing alarm over American scientists relocating sensitive research to China. The case highlights ongoing tensions in US-China scientific competition.

BingX TradFi Elevates with TradingView, Bringing Pro-Grade Analysis to Multi-Asset Trading
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BingX TradFi Elevates with TradingView, Bringing Pro-Grade Analysis to Multi-Asset Trading

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Pakistan – BingX, a leading cryptocurrency exchange and Web3-AI company, today announced the integration of TradingView with its BingX TradFi suite, marking a significant step in bridging professional-grade market analysis with a unified multi-asset trading experience. The integration introduces TradingView’s industry-standard charting tools directly within BingX, enabling users to conduct advanced technical analysis without leaving the platform. By embedding institutional-level capabilities into its ecosystem, BingX is lowering the barrier for traders seeking deeper insights across both crypto and traditional markets. The move strengthens the positioning of BingX TradFi, which offers access to over 100 traditional financial instruments, including commodities, forex, stocks, and indices. By combining these assets with AI-native tools and now TradingView’s advanced charting, BingX is accelerating the convergence of traditional finance and crypto into a unified, intelligent trading environment. As user expectations continue to evolve toward efficiency and professional-grade execution, BingX’s latest integration underscores its strategy to deliver a more comprehensive, insight-driven trading ecosystem for global investors.

AlphaX Launches 24/7 TradFi Futures Trading, Empowering Users with Zero-Fee Access to Global Traditional Markets
Editor pick, Tech

AlphaX Launches 24/7 TradFi Futures Trading, Empowering Users with Zero-Fee Access to Global Traditional Markets

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Pakistan: AlphaX, a high performance on-chain cryptocurrency exchange committed to delivering a simplified, efficient and reliable trading experience, today announced the launch of zero-fee TradFi perpetual futures trading on its platform, marking a significant expansion beyond digital assets and into traditional asset markets. The new offering enables fee-free trading of key traditional financial instruments directly on-chain:Commodities: Trade GOLD (XAUUSDT), SILVER (XAGUSDT), Brent Crude Oil (BZUSDT), and WTI Crude Oil (CLUSDT) with 24/7 market access Stocks: Gain exposure to leading equities including Apple (AAPL), Nvidia (NVDA), and Alphabet (GOOGL), free from market hour restrictions Indices : Access and trade continuously major indices such as Invesco QQQ Trust (QQQ) and SPDR S&P 500 ETF (SPY) Forex: Trade major FX pairs including EURUSD, NZDUSD, GBPUSD, and AUDUSD during standard market hours All contracts are structured as USDT-margined perpetual futures, allowing users to gain exposure to price movements without holding the underlying assets. By integrating these products into its platform, AlphaX enables seamless access to globally recognized commodities while maintaining the efficiency and flexibility of crypto-native trading infrastructure. The launch of TradFi futures reflects AlphaX’s ongoing commitment to diversifying its product suite and providing users with broader market access.

Pakistan Set for Orbit: Two Astronauts Shortlisted for 2026 China Space Mission
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Pakistan Set for Orbit: Two Astronauts Shortlisted for 2026 China Space Mission

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The Prime Minister’s meeting with astronauts Khurram Daud and Muhammad Zeeshan Ali also highlighted the deepening strategic partnership between Pakistan and China. Joined by Chinese Ambassador Jiang Zaidong, PM Shehbaz Sharif remarked that the bilateral cooperation in space research is a testimony to the “ironclad” friendship between the two neighbors. He stated that the partnership is now ready to “reach for the stars and touch the heights of the sky,” adding a new dimension to their brotherly relationship. Read More: https://theboardroompk.com/attack-on-nrl-darigwan-site-repelled-area-secured-by-security-forces/ Training and Technical Readiness Under the framework agreement signed between SUPARCO and the China Manned Space Agency, the two astronauts will soon travel to China to begin specialized training at the Astronaut Centre of China. This rigorous program is designed to prepare them for the physical and mental demands of life in orbit. Officials from SUPARCO noted that the collaboration marks a transition for Pakistan from satellite-based operations to the complex realm of human spaceflight, placing the country among an elite group of nations. Scientific Goals of the Mission Ambassador Jiang Zaidong welcomed the Prime Minister’s remarks, describing the expanding space cooperation as a forward-looking step for both nations. Beyond the symbolic value, the mission aims to address global challenges such as climate resilience and food security through experiments conducted in space. The astronauts expressed their gratitude for the opportunity, vowing to work diligently to meet the nation’s expectations and to bring back valuable scientific data that will benefit the country’s academic and research institutions.

Tim Cook Steps Down as Apple CEO, John Ternus to Lead $4 Trillion Tech Giant from September
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Tim Cook Steps Down as Apple CEO, John Ternus to Lead $4 Trillion Tech Giant from September

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Tim Cook Steps Down as Apple CEO in a historic leadership transition that signals a new strategic era for the world’s most valuable technology company. After more than a decade of transformational leadership, Cook will hand over the reins to longtime Apple executive John Ternus, marking a pivotal shift as Apple prepares for intense competition in artificial intelligence and next generation hardware. Tim Cook Steps Down as Apple CEO After Historic Growth Apple confirmed that Tim Cook will step down as chief executive officer effective September 1. He will transition into the role of executive chairman of Apple’s board while continuing as CEO through the summer to ensure a smooth transition. Cook, who became CEO in 2011 following Steve Jobs, oversaw one of the most successful corporate expansions in history. Under his leadership, Apple diversified from a hardware focused company into a technology ecosystem spanning services, wearables, entertainment, and health technology. During this period, Apple achieved a 4 trillion dollar market valuation and expanded its services business into one of its largest revenue streams. Cook also guided Apple through global disruptions including the COVID 19 pandemic, supply chain challenges, and trade tensions. John Ternus Named CEO as Apple Bets on Hardware Leadership With the announcement that Tim Cook Steps Down as Apple CEO, Apple confirmed that John Ternus will assume the top leadership position. Ternus is currently Apple’s senior vice president of hardware engineering and has spent nearly twenty five years at the company. Ternus joined Apple in 2001 as part of the product design team. Over the years, he steadily rose through the engineering ranks, becoming vice president of hardware engineering in 2013. In 2021, he was promoted to senior vice president and joined Apple’s executive leadership team. His career trajectory within Apple reflects deep involvement in nearly every major hardware product category. He has led engineering efforts for the iPhone, iPad, Mac lineup, AirPods, and Apple silicon powered devices. His leadership has made him one of the most influential figures behind Apple’s product roadmap. John Ternus Career Background and Experience John Ternus brings a strong engineering background to the CEO role. Before joining Apple, he worked as a mechanical engineer at Virtual Research Systems. He holds a bachelor’s degree in mechanical engineering from the University of Pennsylvania. Inside Apple, Ternus built a reputation for disciplined product development and execution. He played a central role in the transition to Apple designed chips for Mac computers, a move that significantly improved performance and efficiency. He also oversaw engineering teams responsible for new MacBook designs and advanced iPad hardware. More recently, Ternus led the development of Apple’s new low cost MacBook model and contributed to the latest iPhone lineup. His leadership has been closely associated with Apple’s push to strengthen its hardware ecosystem. What John Ternus Will Focus On as CEO As Tim Cook Steps Down as Apple CEO, Ternus inherits leadership during a crucial period. Apple faces growing pressure to accelerate artificial intelligence development and introduce breakthrough products. Key priorities expected under Ternus leadership include enhancing Siri with advanced AI capabilities, deeper integration of intelligence across Apple devices, and development of next generation hardware. Apple is also expected to explore foldable smartphones and new computing form factors. Ternus engineering background suggests Apple may emphasize tightly integrated hardware and software experiences. Analysts believe this approach could help differentiate Apple products in an increasingly competitive technology landscape. Tim Cook Legacy Shapes Apple Future When Tim Cook Steps Down as Apple CEO, he leaves behind a legacy of operational excellence and strategic expansion. He scaled the iPhone ecosystem, introduced wearables like Apple Watch, and built a powerful services business. Cook also managed Apple’s relationships with global governments and navigated complex supply chains. His leadership during uncertain times strengthened Apple’s position as a stable technology powerhouse. However, recent challenges in virtual reality adoption and delays in AI upgrades highlight the importance of innovation moving forward. These challenges will now fall under Ternus leadership. Apple Leadership Transition Signals New Innovation Cycle The decision that Tim Cook Steps Down as Apple CEO represents more than a leadership change. It signals Apple’s preparation for the next technology cycle driven by artificial intelligence, smart devices, and connected ecosystems. John Ternus now steps into one of the most influential roles in global business. With deep engineering expertise and decades of experience inside Apple, he is expected to shape the company’s next generation of products. The coming years will determine whether Apple can create its next breakthrough category and maintain leadership in a rapidly evolving technology landscape.

The Boardroom PK delivers trusted business news, analysis, and insights from Pakistan and beyond, keeping readers informed, inspired, and ahead in the evolving world of business and leadership.

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