Author Archives: Syndicated Content
Exclusive-Nvidia cuts China prices in Huawei chip fight, sources say
By Fanny Potkin SINGAPORE (Reuters) - Nvidia's most advanced AI chip it developed for the China market has got off to a weak start, with abundant supply forcing it to be priced below a rival chip from...
Thomson Reuters May 23, 2024
NCAA agrees to 'road map' settlement for college athlete payments
By Mike Scarcella (Reuters) - The National Collegiate Athletics Association (NCAA) has agreed to allow member schools to share revenue with athletes directly and will pay nearly $2.8 billion in past d...
Thomson Reuters May 23, 2024
Kristin Johnson emerges as a leading candidate to be new US FDIC chair, Bloomberg News reports
(Reuters) - Kristin Johnson, a Democratic commissioner at the Commodity Futures Trading Commission, has emerged as a leading candidate to lead the Federal Deposit Insurance Corp (FDIC), Bloomberg News...
Thomson Reuters May 23, 2024
Philippines says China Coast Guard rules a provocation
MANILA (Reuters) - Philippine Defense Secretary Gilberto Teodoro said on Friday that China's rules about how its Coast Guard can operate in the South China Sea were a matter of international concern, ...
Thomson Reuters May 23, 2024
Jaylen Brown scores 40 as Celtics take 2-0 series lead vs. Pacers
Jaylen Brown scored a game-high 40 points and grabbed five rebounds to lead the Boston Celtics to a 126-110 victory over the visiting Indiana Pacers on Thursday in Game 2 of the Eastern Conference fin...
Thomson Reuters May 23, 2024
Exclusive-Samsung's HBM chips failing Nvidia tests due to heat and power consumption woes, sources say
By Heekyong Yang and Fanny Potkin SEOUL/SINGAPORE (Reuters) - Samsung Electronics' latest high bandwidth memory (HBM) chips have yet to pass Nvidia's tests for use in the U.S. firm's AI processors due...
Thomson Reuters May 23, 2024
Australian state blocks Glencore's carbon storage project over groundwater risk
SYDNEY/CANBERRA (Reuters) - Australia's northeastern state of Queensland has blocked a carbon capture and storage project proposed by commodities giant Glencore as it could irreversibly harm groundwat...
Thomson Reuters May 23, 2024
Itochu unit signs renewable energy agreement with Google in Japan
TOKYO (Reuters) - Itochu said on Friday it signed a long-term power supply agreement with Google to help the search engine company achieve its renewable energy goals in Japan. Itochu portfolio company...
Thomson Reuters May 23, 2024
Asian stocks fall, dollar rises as rate cut wagers waver
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks fell on Friday, while the dollar advanced as strong U.S. economic data bolstered the prospect of interest rates staying higher for longer and the F...
Thomson Reuters May 23, 2024
Building fire kills 14 people in Vietnam capital
HANOI (Reuters) - At least 14 people were killed and three injured in a fire that broke out at a densely populated residential area in Hanoi early on Friday, police said. Firefighters managed to rescu...
Thomson Reuters May 23, 2024
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