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Nvidia CEO disappointed after reports China has banned its AI chips– www.cnbc.com

pgnewser September 18, 2025 0

Nvidia CEO disappointed after reports China has banned its AI chips– www.cnbc.com
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Nvidia CEO Jensen Huang has weighed in on the U.S. tech giant’s struggles in China after a report claimed the country has banned its artificial intelligence chips.

Huang said he was “disappointed” after the Financial Times on Wednesday reported that the Cyberspace Administration of China had ordered companies including TikTok parent company ByteDance and Alibaba not to buy Nvidia’s RTX Pro 6000D, a chip that was made for the country.

In response to a question on the FT report, Huang said Wednesday that “we can only be in service of a market if the country wants us to be.”

“We probably contributed more to the China market than most countries have. And I’m disappointed with what I see,” Huang said. “But they have larger agendas to work out between China and the United States, and I’m understanding of that.”

It comes after a tumultuous few years for Nvidia’s business in China, which Huang described as “a bit of a roller coaster.”

“We’ve guided all financial analysts not to include China” in financial forecasts, Huang told reporters Wednesday at a press briefing in London. “The reason for that is because that’s largely going to be within the discussions of the United States government and Chinese government.”

French unions strike against austerity, pressuring Macron – Reuters– news.google.com

pgnewser September 18, 2025 0

French unions strike against austerity, pressuring Macron – Reuters– news.google.com
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Hundreds of thousands took part in anti-austerity protests across France on Thursday, urging President Emmanuel Macron and his new Prime Minister Sebastien Lecornu to acknowledge their anger and scrap looming budget cuts.
Teachers, train drivers, pharmacists and hospital staff were among those who went on strike as part of the day of protests, while teenagers blocked dozens of high schools for hours.

Trump asks Supreme Court to allow him to fire Lisa Cook from Fed Board of Governors– www.cbsnews.com

pgnewser September 18, 2025 0

Trump asks Supreme Court to allow him to fire Lisa Cook from Fed Board of Governors– www.cbsnews.com
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Washington — The Trump administration asked the Supreme Court on Thursday to allow President Trump to remove Lisa Cook from her position on the Federal Reserve Board of Governors while a legal challenge to her firing moves forward.

In its request for emergency relief from the high court, the Justice Department said that the justices should freeze a lower court decision that ordered Cook to be reinstated to her post on the Fed Board.

The U.S. Court of Appeals for the District of Columbia Circuit ruled earlier this week that Cook could remain in her role while a legal challenge to her firing moves forward.

In a filing to the Supreme Court, Solicitor General D. John Sauer argued that the dispute involves “improper judicial interference with the President’s removal authority — here, interference with the President’s authority to remove members of the Federal Reserve Board of Governors for cause.”

The first person to get a Neuralink chip in his brain says he met Elon Musk on the day of his surgery: ‘He’s a cool dude’– fortune.com

pgnewser September 17, 2025 0

The first person to get a Neuralink chip in his brain says he met Elon Musk on the day of his surgery: ‘He’s a cool dude’– fortune.com
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Attendees at Fortune’s Brainstorm Tech conference last week witnessed a demonstration of both technological innovation and human resilience when Noland Arbaugh, the first human recipient of Neuralink’s brain-computer interface (BCI) chip, played chess using only his thoughts. Arbaugh also shared candid insights into his pioneering journey, including his memorable first encounter with Neuralink’s cofounder and the world’s richest man, Elon Musk.

Arbaugh’s journey began with a diving accident at a summer camp in 2016, which left the former Texas A&M student paralyzed from the shoulders down and largely dependent on his family. For years, Arbaugh lived what he describes as a severely limited existence.

“I would stay up all hours of [the] night, just sleep in whenever, wake up whenever I wanted to because I didn’t really have anything planned, didn’t have anything going on in my life,” he told Fortune senior writer Jessica Mathews during their conversation. Arbaugh said he left his house only a couple of times per year.

“Before Neuralink, I thought I would never travel again,” he said. “[I] thought I would just stay in my room.”

JD Foster: Trump Is Right In Calling For The End To Quarterly Reporting– dailycaller.com

pgnewser September 17, 2025 0

JD Foster: Trump Is Right In Calling For The End To Quarterly Reporting– dailycaller.com
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Sometimes, it’s the little things. Sometimes, it’s bigger things. This time it’s the quarterly earnings report required by law of America’s publicly traded companies. And it’s President Trump suggesting on Truth Social that we should do away with quarterly earnings statements in favor of bi-annual statements. He’s right.

The Securities and Exchange Commission (SEC) requires publicly traded companies to report their earnings quarterly. In contrast, the hyper-regulative European Union and United Kingdom require six-month reporting, though corporations are allowed to make quarterly statements if they want.

Quarterly reporting is just one of the hundreds of rules U.S. publicly traded companies face that privately held companies don’t. Nearly all of these rules make some sense in isolation, but collectively they represent an enormous burden, one effect of which is that even as the American economy has grown steadily over the years, the number of publicly traded companies had fallen by half. Houston, we have a problem.

Quarterly reporting is expensive to the corporation and a major time burden for senior management. These are relative nuisances.

Trump’s lowered 15% tariff on cars from Japan to take effect Tuesday– japantoday.com

pgnewser September 17, 2025 0

Trump’s lowered 15% tariff on cars from Japan to take effect Tuesday– japantoday.com
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U.S. President Donald Trump’s lowered tariff of 15 percent on automobiles from Japan will take effect Tuesday, the Commerce Department said, about four months after his aggressive trade agenda started damaging the industrial backbone of one of Washington’s key allies.

The department announced the timing of the adjustment on Monday. The U.S. tariff rate for foreign-origin cars rose to 27.5 percent after Trump imposed in April an additional auto tariff on national security grounds, squeezing the margins of Japanese automakers and other manufacturers.

The reduced tariff is part of a trade deal the Trump administration struck on July 22 with Japan, which in return has committed to investing heavily in the United States and increasing imports of American agricultural products during the president’s nonconsecutive second term.

Trump signed an executive order on Sept. 4 formally implementing the trade agreement, which also granted Japan special treatment on what he calls “reciprocal” tariffs.

The department’s notice to be published Tuesday said that as agreed by the two countries, Trump’s additional 25 percent tariff imposed in May on major auto parts, including engines and transmissions, will also be cut to 15 percent for those coming from Japan.

YouTube’s paid creators $100 billion in four years– mashable.com

pgnewser September 17, 2025 0

YouTube’s paid creators $100 billion in four years– mashable.com
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There’s a reason creators often try to migrate their audience to YouTube: It pays.

The Google-owned streaming giant said it has paid out more than $100 billion in the last four years to creators, artists, and media companies. YouTube announced the figure at the Made on YouTube event on Tuesday.

“We didn’t just create a platform. We built an economy,” said YouTube CEO Neal Mohan.

As Mashable reported earlier this year, creator jobs have grown 7.5 times in recent years. In surveys, young people also consistently identify being a creator as a popular career goal. And YouTube has played an outsized role in building the modern creator economy.

It pays to be a popular creator and/or influencer on any platform, but YouTube’s widely regarded as the most lucrative social media site when it comes to direct view-to-payment value. And creators are making more money off of folks watching YouTube on traditional TV sets, rather than mobile devices. The company reported that the number of YouTube channels making more than $100,000 from TV screens rose 45 percent year over year.

Clearly, YouTube isn’t just for streamers anymore. Heck, the platform is broadcasting NFL games — arguably the single biggest product in American culture — with great success. But if you want to make it big as a creator, YouTube remains the place where you can carve out a highly lucrative living.