How Jensen Huang successfully lobbied Trump to resume Nvidia's H20 sales to China; US officials hadn't vetted the 20% pay-to-play proposal when Trump offered it
Amrith Ramkumar and Robbie Whelan, reporting for The Wall Street Journal (gift link): Emma Roth / The Verge : US demands cut of Nvidia sales in order to ship AI chips to China Arjun Kharpal / CNBC : T...
President Trump says he told Tim Cook that “I don't want you building in India”, “India can take care of themselves”, and Apple will be “upping” US production
what Apple can to do to appease Trump Adrija Chatterjee / Moneycontrol : India's value for money makes it a natural pick for the likes of Apple, says govt official Shouvik Das / Livemint : No change t...
Reddit COO Jen Wong says ~50% of Reddit's users are located outside the US, and the company is developing new search tools to make navigating the site easier
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Sources: the US DOJ is investigating Nvidia's acquisition of Run:ai, a Tel Aviv-based startup that enables virtualization of GPUs, on antitrust grounds
investigating potential strong-arm tactics related to AI GPU supply Hope King / Axios : Report: Nvidia faces DOJ antitrust probe Maria Deutscher / SiliconANGLE : Justice Department reportedly investig...
EU regulators approve Microsoft's $69B Activision Blizzard acquisition after Microsoft made concessions to keep rivals' access to Call of Duty and other games
but the saga is ‘unlikely to end soon’ Sofia Wyciślik-Wilson / BetaNews : EU approves Microsoft's multi-billion-dollar Activision Blizzard acquisition despite UK and US opposition Arjun Kharpal / CNBC...
ASML, the Dutch company that makes chip making equipment, expects US restrictions on exporting high-end chips to China to have “limited” impact on its business
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Apple keeps iPhone 14 prices the same in the US but raises them around the world, including in the UK, Japan, and Germany, due to a strong dollar
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Shopify partners with JD.com to help US merchants sell goods in China; merchants can set up shops in 3-4 weeks, well below the current 12-month process
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Alibaba and JD.com are promoting “sustainability” rather than hyping Singles' Day sales this year, amid China's regulatory scrutiny and “common prosperity” push
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Didi's main app has been removed from Tencent's WeChat messaging service and Ant Group's Alipay
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