IBM Announces Five-Year, $10BN Quantum Investment

Cisco Surges Most Since Dot-Com On Raised Outlook, AI-Focused Job Cuts Cisco Systems shares posted their biggest gain since the Dot-Com boom-and-bust era after the networking giant delivered third-quarter results that beat analysts' estimates. The company also announced a workforce restructuring, aligning with a broader hyperscaler playbook that cuts labor costs and redirects capital toward AI infrastructure and data-center buildouts. Cisco raised its fiscal 2026 outlook, guiding for $62.8 billion to $63 billion in revenue and $4.27 to $4.29 in adjusted EPS, while also issuing a stronger-than-expected fourth-quarter sales forecast. The catalyst...

Bahrain Intensifies Crackdown On Shia Communities, Arrests Dozens Over Alleged IRGC Links Via The Cradle Bahrain’s Interior Ministry announced on Saturday the arrest of 41 citizens, including multiple Shia religious leaders, over alleged ties to Iran's Islamic Revolutionary Guard Corps (IRGC). The ministry said security services uncovered the alleged network through "investigations, security reports, and previous Public Prosecution cases related to espionage involving foreign entities." The detainees are accused of "espionage involving foreign entities and sympathy with blatant Iranian aggression." AFP via Getty Images Around 30 Shia Muslim clerics were among the 41 arrested, as the Gulf monarchy...