Year: 2025
Nvidia warns of growing competition from China’s Huawei, despite U.S. sanctions
BEIJING — Chip giant Nvidia has flagged heightened competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company. In an annual filing Wednesday, Nvidia listed Huawei among its current competitors, including it in the list for a second straight year. The company, blacklisted by the U.S. for national security reasons, did not feature among […]
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Meta apologizes after Instagram users flag flood of graphic and violent content
Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode. Brandon Bell | Getty Images Meta apologized on Thursday for a mistake that resulted in some Instagram users reporting a flood of violent and graphic content recommended on their personal “Reels” page. “We are […]
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US Supreme Court’s Roberts pauses judge’s order on Trump administration foreign aid funding
John Roberts, chief justice of the U.S. Supreme Court, during the 60th presidential inauguration on Jan. 20, 2025. Chip Somodevilla | Bloomberg | Getty Images U.S. Supreme Court Chief Justice John Roberts on Wednesday paused a federal judge’s order requiring President Donald Trump’s administration to pay foreign aid funds to contractors and grant recipients. Roberts issued an interim order placing on hold Washington-based U.S. District Judge Amir Ali’s action that had imposed […]
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Seven & i shares plunge over 12% as management buyout falls through
Seven & i private branded cooked meals at a 7-Eleven convenience store, operated by Seven & i Holdings Co., in Tokyo, Japan, on Thursday, Jan. 18, 2024. Bloomberg | Bloomberg | Getty Images Shares of Japan’s Seven & i Holdings plunged as much as 12.44% Thursday after the company said the founding family had failed […]
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Trump takes fight over foreign aid funding to U.S. Supreme Court
U.S. President Donald Trump talks to reporters from the Resolute Desk after signing an executive order to appoint the deputy administrator of the Federal Aviation Administration in the Oval Office at the White House on January 30, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images President Donald Trump’s administration asked the U.S. Supreme Court on Wednesday to […]
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Asia markets mostly higher as key Wall Street benchmarks rise amid fresh Trump tariff threats
The city skyline of Lujiazui Shanghai Center in China, on March 13, 2024. Cfoto | Future Publishing | Getty Images Asia-Pacific markets were mostly higher Thursday, after key Wall Street indexes rose amid fresh tariff threats from U.S. President Donald Trump. Australia’s S&P/ASX 200 traded 0.37% higher at the open. Japan’s Nikkei 225 rose 0.32% […]
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FDA cancels vaccine advisory meeting for choosing flu strains for next season’s shots
FILE PHOTO: The headquarters of the U.S. Food and Drug Administration (FDA) is seen in Silver Spring, Maryland November 4, 2009. Jason Reed | Reuters A crucial March meeting of vaccine advisors to the Food and Drug Administration has been canceled without explanation, a member of the advisory panel told CNBC on Wednesday. The meeting […]
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Nvidia CEO Huang says AI has to do ‘100 times more’ computation now than when ChatGPT was released
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during a news conference in Taipei, Taiwan, on Tuesday, June 4, 2024. Annabelle Chih | Bloomberg | Getty Images Nvidia CEO Jensen Huang said next-generation AI will need 100 times more compute than older models as a result of new reasoning approaches that think “about […]
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Goldman Sachs adds Waldron to board, lining up potential CEO succession
John Waldron, president and Chief Operating Officer of Goldman Sachs, speaks during the Goldman Sachs Investor Day at Goldman Sachs Headquarters in New York City, U.S., Feb. 28, 2023. Brendan McDermid | Reuters Goldman Sachs added its president and chief operating officer John Waldron to its board of directors a month after he was given a retention bonus, cementing his position […]
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Trump directs agencies to review, terminate ‘unnecessary’ contracts
U.S. President Donald Trump looks on on the day he signs an executive order in the Oval Office, at the White House in Washington, D.C., U.S. Feb. 25, 2025. Evelyn Hockstein | Reuters U.S. President Donald Trump issued an executive order on Wednesday aimed at implementing the Department of Government Efficiency’s cost-cutting drive, the White House said. […]
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