The U.S. Department ‌of Commerce on Sunday moved to close a year-old potential loophole it had created that may have led companies to export the world’s most advanced chips – like Nvidia’s most sophisticated Rubin and Blackwell processors, ​as well as AMD’s MI350x – to Chinese entities located outside China. Source link
Andrew here. We’ve got a scoop: Barry Diller is working on a bid to buy MGM Resorts, the casino giant. Also, Niko Gallogly goes behind the scenes of a law firm giant’s investment in its own A.I. systems and what it means for partners and associates. And Vivienne Walt reports for DealBook on Tehran’s threats…
A nearly six-month old video of Donald Trump praising International Business Machines Corp.’s CEO sent the shares surging almost 9% on Monday, adding more than $24 billion to the company’s stock-market value. Source link
Big Tech is becoming hooked on debt to fuel its grandiose visions of AI dominance, a slight shift from years past, when aggressive investments were largely driven by internally generated cash. The news: AI-related companies have issued about $140 billion in investment-grade bonds year to date, accounting for 49% of the total investment-grade issuance, according…
China is tightening scrutiny of outbound capital flows after forcing the unwinding of the Meta-Manus deal, as authorities seek to safeguard the economy amid heightened technology rivalry with the U.S. Source link
Most business owners assume that higher star ratings are linked to better business outcomes. A peer-reviewed study tested that assumption directly. Researchers Eddie Inyang and Juliana White surveyed 251 U.S. small-business owners on online reputation management, Google star ratings, and business performance. Notably, Google star ratings alone didn’t predict performance. What was associated with performance…
Summary Former reality TV star Spencer Pratt is running a surprisingly competitive campaign for Los Angeles mayor ahead of Tuesday’s primary. Pratt has built his campaign around frustrations with housing costs, wildfire recovery and homelessness in the nation’s second-largest city. His message is resonating with voters angered by slow rebuilding after fires that destroyed more…
The technology giant’s boss Jensen Huang called the move the “reinvention of the computer”. Source link
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta is once again trying to prove it can make money by doing something other than selling ads. It’s not a strategy that’s…
American forces in recent weeks have helped coordinate the passage of dozens of commercial vessels through the Strait of Hormuz, according to U.S. officials, even as travel through the waterway remains risky amid stalled negotiations to end the war with Iran. U.S. Central Command has guided around 70 commercial ships through the strait, traveling into…
