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Thu, Apr 17, 2025 10:24 AM All times are UTC

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Nvidia Faces Backlash Over Sudden U.S. Chip Export License Rules to China

Apr 17, 2025 04:27 am UTC| Technology Business

Nvidia (NASDAQ: NVDA) failed to alert major Chinese clients in advance about new U.S. export restrictions on its H20 AI chips, sources familiar with the matter revealed. The U.S. government notified Nvidia on April 9 that...

U.S. Imposes New Export Curbs on Nvidia and AMD AI Chips to China

Apr 16, 2025 12:09 pm UTC| Technology Business Governance

The U.S. Commerce Department announced new export licensing requirements on Tuesday targeting Nvidias H20 and AMDs MI308 artificial intelligence chips, along with equivalent models, restricting their shipment to China. The...

NVIDIA Stock Dips on $5.5B Hit From China Export Controls

Apr 16, 2025 01:44 am UTC| Business Technology

NVIDIA (NASDAQ:NVDA) shares fell 6% in after-hours trading to $105.42 after the company announced it expects up to $5.5 billion in charges related to U.S. export restrictions on its AI chips to China. The charges will be...

Japan Orders Google to Halt Anticompetitive Smartphone Practices

Apr 16, 2025 00:28 am UTC| Business Technology Law

Japans Fair Trade Commission (JFTC) has issued a cease and desist order to Google (NASDAQ: GOOGL) for engaging in anticompetitive practices, marking the countrys first formal crackdown on a U.S. tech giant for market...

TSMC Nears Breakthrough in Advanced Chip Packaging to Power AI Growth

Apr 15, 2025 06:08 am UTC| Technology Business

Taiwan Semiconductor Manufacturing Co. (TSMC), the worlds leading contract chipmaker, is nearing completion of a cutting-edge chip packaging technology to meet surging demand for high-performance AI chips, according to...

Blue Origin Boosts Space Tourism with Katy Perry on Historic All-Female Flight

Apr 15, 2025 06:06 am UTC| Business Technology

Pop star Katy Perry and five other trailblazing women successfully completed a historic suborbital spaceflight aboard Blue Origins New Shepard rocket on April 14, marking the first all-female space mission in over 60...

AMD Ready to Begin Chip Production in Arizona Amid AI Server Expansion

Apr 15, 2025 06:03 am UTC| Technology Business

Advanced Micro Devices (NASDAQ:AMD) CEO Lisa Su confirmed on Tuesday that the company is prepared to begin chip production at its Arizona facility. Speaking at National Taiwan University in Taipei, Su emphasized AMDs...

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Economy

Oil Prices Climb on Iran Sanctions, OPEC Output Cuts, and U.S. Inventory Data

Oil prices rose on Thursday amid growing concerns of supply tightening after the U.S. imposed new sanctions to restrict Iranian oil exports and several OPEC members pledged to cut output to address overproduction. Brent...

Dollar Set for Fourth Weekly Loss as Tariff Worries and Safe-Haven Demand Grow

The U.S. dollar is poised for its fourth straight weekly loss as investor concerns over tariffs and trade uncertainty drive a shift away from U.S. assets. Despite a slight rebound from a seven-month low against the yen,...

Xi Jinping's Cambodia Visit Sparks Hopes for China-Backed Canal Project

Cambodia is banking on increased financial support from China as President Xi Jinping visits Phnom Penh, concluding his Southeast Asia tour. The trip, seen as a strategic charm offensive, follows Xis visits to Malaysia and...

Singapore’s March Exports Rise 5.4% Amid Tariff Concerns and Growth Forecast Cut

Singapores non-oil domestic exports (NODX) rose 5.4% year-on-year in March, according to Enterprise Singapore data released Thursday. The increase was driven by gains in both electronics and non-electronic shipments....

BOJ to Cut Growth Outlook Amid Trump Tariff Risks

The Bank of Japan (BOJ) is expected to lower its economic growth forecast at its upcoming April 30May 1 policy meeting, as escalating tariff risks from U.S. President Donald Trump threaten Japans export-driven recovery....

Politics

Macron Vows Justice as French Prisons Face Wave of Attacks

French President Emmanuel Macron pledged swift justice following a third consecutive night of violent attacks targeting prisons across France. At least nine correctional facilities and related institutions, including a...

U.S. Senator Denied Access to Deported Salvadoran Held in Notorious Prison

U.S. Senator Chris Van Hollen (D-MD) was denied access to Kilmar Abrego Garcia, a Salvadoran man mistakenly deported from the United States, during a diplomatic visit to El Salvador. Abrego Garcia, who lived in Maryland,...

Trump Appoints Jay Clayton as Interim U.S. Attorney Amid Senate Opposition

Former SEC Chairman Jay Clayton has been appointed by President Donald Trump as interim U.S. attorney for the Southern District of New York, while his full-time nomination awaits Senate confirmation. Trump announced the...

Carney and Poilievre Clash in Heated Canada Election Debate Over U.S. Tariffs and Housing Crisis

In a high-stakes French-language debate held in Montreal on April 16, Canadian Prime Minister Mark Carney and Conservative leader Pierre Poilievre faced off for the first time ahead of the April 28 federal election. The...

Trump Administration Eyes $40 Billion Cut to Health Department Budget

The Trump administration is reportedly planning to slash approximately $40 billion from the U.S. Department of Health and Human Services (HHS), according to a preliminary budget document obtained by The Washington Post....

Science

Kennedy Sets September Deadline to Uncover Autism Causes Amid Controversy

U.S. Health and Human Services Secretary Robert F. Kennedy Jr. announced a bold plan to identify the cause of autism by September 2025. Speaking at a cabinet meeting with President Donald Trump, Kennedy declared a global...

AstraZeneca’s Imfinzi Gets US Approval for Bladder Cancer Treatment

AstraZenecas drug Imfinzi (NASDAQ: AZN) has received U.S. approval to treat adult patients with muscle-invasive bladder cancer, a significant advancement in cancer therapy. The approval allows Imfinzi to be used in...

Sanofi’s New Hemophilia Drug Qfitlia Gains FDA Approval with Breakthrough Bimonthly Dosing

The U.S. Food and Drug Administration (FDA) has approved Qfitlia, a groundbreaking hemophilia treatment by French pharmaceutical giant Sanofi (NASDAQ: SNY). Designed for patients aged 12 and older with hemophilia A or B,...

FDA Vaccine Chief Peter Marks Resigns Amid Controversy Over Transparency

Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....

Museums have tons of data, and AI could make it more accessible − but standardizing and organizing it across fields won’t be easy

Ice cores in freezers, dinosaurs on display, fish in jars, birds in boxes, human remains and ancient artifacts from long gone civilizations that few people ever see museum collections are filled with all this and more....

Technology

U.S. Imposes New Export Curbs on Nvidia and AMD AI Chips to China