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Alibaba announced plans to release a pair of smart glasses powered by its AI models. The Quark AI Glasses are Alibaba’s first foray into the smart glasses product category.AlibabaAlibaba’s artificial intelligence-powered smart glasses went on sale on Thursday as the Chinese tech giant looks to ramp up its focus on consumer AI in an increasingly competitive market. The Quark AI Glasses, first announced in July, come in two variants — the S1, which starts at 3,799 Chinese yuan ($536) and G1 at 1,899 yuan.The tech giant has integrated its Qwen AI models — Alibaba’s version of ChatGPT — with the…

Nov 27, 2025, 03:55 AM ETAdministrators running Sheffield Wednesday received an enquiry to merge with cross-town rivals Sheffield United, according to reports.Wednesday, who like United are struggling in the English football’s Championship, are for sale after previous owner Dejphon Chansisri placed the club into administration in October. The asking price is believed to be over £30 million ($39.6m).The Daily Mail and Sky Sports have reported that one interested party had suggested an astonishing merger with archrivals United — which was immediately rejected — while multiple publications, including The Daily Telegraph, claim the American owners of United, COH Sports, sent an…

MEDAN, Indonesia (AP) — Rescuers and residents across Indonesia’s Sumatra island are sifting through mud, debris and swollen rivers after devastating floods and landslides killed dozens of people and left dozens more missing. The images show recovery teams retrieving bodies, villagers checking the ruins of their homes, and people wading through flooded streets as monsoon rains continue to batter the region. This is a photo gallery curated by AP photo editors. Residents inspect the damage after a flood in Malalak, West Sumatra, Indonesia, Thursday, Nov. 27, 2025. (AP Photo/Ade Yuandha) Residents inspect the damage after a flood in Malalak, West…

 KUWAIT:  The Ministry of Interior announced Thursday that security personnel have arrested a social media user who posted videos and photos displaying large amounts of cash and gold, promoting of funds of unknown origin and an attempt to lure the public through illegal means.The Ministry said in a statement that the arrest came as part of ongoing efforts to combat financial crimes and trace suspicious funds, through joint work between the Anti-Financial Crimes Department and the Cybercrime Department. Initial inquiries showed that the individual is wanted in cases involving misuse of telecommunications, incitement to immorality, fraud, violation of privacy, and…

The logo of Puma SE displayed in the window of the flagship store in Berlin, Germany, on Wednesday, March 1, 2023. Puma forecast slower profit growth as new Chief Executive Officer Arne Freundt confronts excess inventory and higher costs for marketing sneakers and apparel. Photographer: Krisztian Bocsi/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesPuma shares finished 18.9% higher on Thursday following a report that China’s Anta Sports is among a number of firms looking to buy the struggling German athletic brand.Puma is in the middle of what is calls a “reset,” as sales growth has dramatically dropped after a…

KUWAIT, Nov 27: 1965 — Sheikh Sabah Al-Salem Al-Salem took constitutional oath before the National Assembly as the Amir of the State of Kuwait.1966 — Kuwait Amir Sheikh Sabah Al-Salem Al-Sabah opened Kuwait University (KU), which consisted of two faculties: Sciences, Literature and Education, and the other for Girls. Up to 418 students enrolled and there were 31 teaching staff.1981 — Hamad Al-Humaida, former member in the first National Assembly of 1963, passed away at age of 74.1990 — United Nations distributed four Kuwaiti documents, which included incidents and testimonies about killing, torture and looting conducted by the Iraqi forces…

Firefighters walk near residential buildings that continue to burn at Wang Fuk Court in the Tai Po district on Nov. 27, 2025 in Hong Kong, China.Isaac Lawrence | Getty Images News | Getty ImagesChinese private firms pledged tens of millions of dollars to support rescue and relief efforts after a deadly residential fire in Hong Kong killed at least 94 people and left hundreds missing.Alibaba Group and its affiliate Ant Group together committed 30 million Hong Kong dollars to support fire relief efforts. Alibaba founder Jack Ma, one of the most recognizable Chinese entrepreneurs, also pledged HK$30 million through his…

Europe, with its fragmented markets, is often said to be operating in the shadow of the U.S. and China when it comes to scaling AI. But the very factors that challenge its growth as a major player may yet give it an edge when it comes to future-proofing the critical warehouses that power the AI boom.The world is racing to double, if not triple, the entire data center capacity that has been built over the last forty years, Pankaj Sachdeva told CNBC, McKinsey senior partner in technology, with McKinsey estimating that build-out will cost up to $7 trillion by 2030. He expects the U.S. to account for the lion’s…

Traders work on the floor of the New York Stock Exchange (NYSE) on November 26, 2025, in New York City.Spencer Platt | Getty Images Thanksgiving in the U.S. takes place on Thursday stateside, but the feasting might have begun a day early for investors. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite all recorded a fourth straight day of gains. Shares of Oracle, which have been hobbling along in November after wiping out its one-day spike in September, advanced roughly 4% after Deutsche Bank said that its recent price pullback “presents an attractive entry point for investors when…

This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here.The big storyIndia lives in contradictions — think landing a spacecraft on moon but not getting basic infrastructure right, or being the world’s fastest growing economy that has millions struggling to make ends meet. The country’s labor market is yet another area emblematic of that paradox. While big businesses have bemoaned rigid labor market laws in the country, several startups have fast become unicorns, making use of the flexibility that came with employing vast armies of gig…