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Hong Kong CNN —Nvidia has named Huawei a top competitor in a number of areas, including in the crucial production of processors that power artificial intelligence (AI) systems. Other companies also listed as its rivals in some areas include AMD, Amazon (AMZN), Microsoft (MSFT) and Broadcom (AVGO). In October 2022, the Biden administration imposed sweeping curbs designed to curtail China’s access to advanced computing chips. In July, it imposed export controls on two strategic raw materials, gallium and germanium, that are critical to the global chipmaking industry. Data centers, which includes the graphics cards that are widely use in generative AI, are Nvidia’s biggest source of revenue.
Persons: Jensen Huang, Biden, ” Colette Kress, CNN’s Rob McLean, David Goldman Organizations: Hong Kong CNN, Nvidia, Huawei, AMD, Microsoft, Broadcom, CNN, Micron, Locations: China, Hong Kong, Santa Clara, Singapore, Shenzhen, Beijing, Washington, Japan, Netherlands, ,
CNN —The Alliance of Motion Picture and Television Producers said late Wednesday that negotiations with SAG-AFTRA — the union representing about 160,000 actors — have been suspended. The suspension came after the actors’ union presented its latest proposal to the AMPTP, according to the statement. SAG-AFTRA presented few, if any, moves on the numerous remaining open items.”In this round of negotiations, AMPTP said it had made a list of offers to the union that included a “first-of-its-kind success-based residual for High-Budget SVOD productions” and several AI protections. SAG-AFTRA has been on strike since July 14, joining the fray a little more than two months after the writers’ strike began. The writers’ strike ended in late September, and members of the Writers Guild of America ratified a new contract with Hollywood and television studios on October 9.
Persons: , AMPTP, AFTRA Organizations: CNN, Alliance, Television Producers, SAG, Amazon Prime, Writers Guild of America, Hollywood
Walgreens Boots Alliance names Tim Wentworth new CEO
  + stars: | 2023-10-11 | by ( Rob Mclean | ) edition.cnn.com   time to read: +1 min
New York CNN —Walgreens Boots Alliance said Tuesday that it has named Tim Wentworth its new CEO. Wentworth will begin the position on October 23, according to a news release, and will also join the WBA board of directors. We are confident he is the right person to lead WBA’s next phase of growth into a customer-centric healthcare company.”In September, former WBA CEO Rosalind Brewer stepped down less than three years after taking the helm of the pharmacy chain. Brewer also immediately stepped down as a member of the company’s board. Walgreens’ board named Ginger Graham, a member of the board, as interim CEO.
Persons: Tim Wentworth, Wentworth, , ” Wentworth, Evernorth, Stefano Pessina, Wentworth “, Rosalind Brewer, Brewer, Ginger Graham Organizations: New, New York CNN, Walgreens Boots Alliance, WBA, Board, Express, Human, , Fortune, Walgreens Locations: New York
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CNN —Amazon founder Jeff Bezos hired an investment firm to research a possible bid for the NFL Washington Commanders team, two people familiar with the situation told the Washington Post. The Washington Post, which Bezos owns, reported that the firm he is working with is New York-based Allen & Company, according to the newspaper’s sources. Hiring the firm doesn’t mean Bezos will buy the team or that he will even bid — but does signal some level of interest. A spokesperson for Bezos declined to comment to both CNN and The Washington Post regarding the report. That same month, in an interview CNN’s Chloe Melas, the billionaire businessman was asked if he was seeking to buy the team.
Several US mobile carriers suffer technical difficulties
  + stars: | 2023-02-14 | by ( Rob Mclean | ) edition.cnn.com   time to read: 1 min
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Microsoft Outlook experiences widespread outage
  + stars: | 2023-02-07 | by ( Rob Mclean | ) edition.cnn.com   time to read: 1 min
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New York CNN —A tech CEO is apologizing after quoting Martin Luther King Jr. in a layoffs announcement. On January 24, PagerDuty CEO Jennifer Tejada sent a letter to employees announcing the digital operations management company would eliminate about 7% of its workforce. Tejada quoted King at the end of that letter. “The quote I included from Dr. Martin Luther King, Jr. was inappropriate and insensitive,” she said in the memo. I am sorry.”When asked for additional comment, a representative for PagerDuty pointed to the blog post updated with Tejada’s apology.
New York CNN —Four days after her disgraced father returned to WWE’s board, the wrestling company’s co-CEO and chairwoman Stephanie McMahon resigned from the company. The move comes as WWE’s board of directors elected her father, Vince McMahon, as executive chairman of the board. “I’ll forever be grateful that she offered to step in during my absence and I’m truly proud of the job she did co-leading WWE.”WWE said Nick Khan, who was co-CEO with Stephanie McMahon, will serve as CEO. Vince McMahon retired as CEO in July 2022, but remains the company’s majority shareholder. Following his departure, WWE disclosed multiple expenses that Vince McMahon hadn’t previously reported, totaling $19.6 million.
New York CNN —Fisher-Price has reannounced its 2019 recall of the Rock ‘n Play Sleepers on Monday after at least eight infant deaths occurred after the initial recall, according to the Consumer Product Safety Commission. “Fisher-Price notes that in some of the reports, it has been unable to confirm the circumstances of the incidents or that the product was a Rock ‘n Play Sleeper.”The CPSC indicated that “consumers should stop using the Rock ‘n Play immediately and contact Fisher-Price for a refund or voucher. It is illegal to sell or distribute the recalled sleepers.”The initial 2019 recall affected about 4.7 million sleepers. The sleepers were sold at stores such as Walmart, Target and Amazon from September 2009 to April 2019. At the time of the initial recall, Chuck Scothon, general manager at Fisher-Price, said the company considered the recall the “best course of action” and would continue to stand by the safety of all its products.
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Juul Labs settles litigation in the United States
  + stars: | 2022-12-06 | by ( Rob Mclean | ) edition.cnn.com   time to read: +3 min
New York CNN Business —E-cigarette maker Juul Labs said Tuesday that it has settled litigation it faced in the United States, resolving a substantial amount of legal issues for the company. “The global resolution covers more than 5,000 cases brought by approximately 10,000 plaintiffs against Juul Labs and its officers and directors,” the company said in a news release. The investigation found that Juul deliberately marketed its products to young people, even though e-cigarette sales to children are illegal. In the past, Juul Labs has sold some of the most popular vaping products in the United States, especially its flavored products. A court temporarily blocked the FDA ban, so the products are still for sale in the United States.
New York CNN business —Kanye West’s Twitter account was suspended early Friday morning after Elon Musk said it violated the platform’s rules on inciting violence. Despite that, he again violated our rule against incitement to violence. Account will be suspended,” Musk tweeted in a reply. This is not the first time West has run afoul of Twitter. In October, before Musk completed the deal to buy the social media platform, Twitter locked West’s account over an antisemitic tweet.
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New York CNN Business —Two high profile athletes are leaving Kanye West’s sports agency, Donda Sports, in the wake of the artist and businessman’s repeated antisemitic statements. Aaron Donald, a star football player on the Los Angeles Rams, announced Tuesday that he is leaving the agency. On Monday, Brown told the Boston Globe that he planned to stick with the agency. “A lot of people that I work with, work with their families, build love and respect for, spending time in the summer. Recently, West said “I can say antisemitic s*** and Adidas cannot drop me,” during a tirade against Jews on the Drink Champs Podcast.
New York CNNBusiness —Billionaire philanthropist MacKenzie Scott has filed for divorce from her second husband after less than two years of marriage. Scott, one of the world’s richest people, married Seattle-based science teacher Dan Jewett last year after divorcing Amazon founder Jeff Bezos in 2019. Scott filed a petition for divorce in the King County Superior Court in Washington State on Monday, according to the Court clerk’s office. The news was first reported by The New York Times on Wednesday. Scott has given away billions of dollars as part of a plan to donate a majority of her fortune.
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