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☆ Nvidia’s AI Surge Is Just Getting Started
▼ + stars: | 2023-08-24 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, 130903da

☆ Biden resists pressure from lawmakers and seeks short extension to key China science pact
▼ + stars: | 2023-08-24 | by ( Jennifer Jett | Abigail Williams | ) www.cnbc.com time to read: +4 min

The Biden administration is seeking a short-term extension to a landmark science and technology agreement with China despite pressure from some U.S. lawmakers who say Beijing could exploit it to gain a security and military advantage. A six-month extension to the Science and Technology Agreement, or STA, will keep the pact in force as the U.S. seeks "authority to undertake negotiations to amend and strengthen the terms," a State Department spokesperson told NBC News on Wednesday. "If it were to go away, not only would it impede government-to-government cooperation, but it would also put other science cooperation at risk," said Seligsohn, a former environment, science, technology and health counselor at the U.S. Embassy in Beijing. China also considers it the enabling document for all other science cooperation with the U.S., including with academic and research institutions. The State Department spokesperson said it was aware of the issues involved with working with China in the are of science and technology.

Persons: Biden, Jimmy Carter, Deng Xiaoping, Deborah Seligsohn, Antony Blinken, Elise Stefanik, Mike Gallagher of, Blinken, Sen, Rick Scott, Donald Trump Organizations: Central South University, Science, Technology, State Department, NBC News, U.S, Villanova University, Embassy, House Republican Conference Locations: China, Central, Changsha city, Hunan province, Beijing, U.S, New York, Mike Gallagher of Wisconsin, United States

☆ Trump Snubs GOP Debate, Joins Tucker Carlson for Interview on X
▼ + stars: | 2023-08-24 | by ( ) www.wsj.com time to read: 1 min

Microsoft Offers Big Concession to Secure Activision DealMicrosoft has offered new concessions to win over U.K. regulators as it tries to close its $75 billion deal for games publisher Activision Blizzard. WSJ Heard on the Street columnist Dan Gallagher joins host Zoe Thomas to discuss what the tech giant is willing to give up and why this is a strategic long-term bet for Microsoft. Photo: Michael Ciaglo/Bloomberg News

Persons: Dan Gallagher, Zoe Thomas, Michael Ciaglo Organizations: Microsoft, Activision Deal Microsoft, Activision Blizzard, Bloomberg

☆ The Hottest Shop in America Is Your Local Gas Station
▼ + stars: | 2023-08-23 | by ( Jacob Gallagher | ) www.wsj.com time to read: 1 min

The Hottest Shop in America Is Your Local Gas Station The joy of buying kitschy items while pumping gas says a lot about the monotony of shopping these days. ‘I can guarantee that no one in my circle is gonna have this hat I bought from this gas station off of I-94 in Wisconsin.’

Persons: ’ Organizations: Local Gas Locations: America, Wisconsin

☆ Watch: Plane Believed to Be Carrying Wagner Boss Yevgeny Prigozhin Crashes
▼ + stars: | 2023-08-23 | by ( ) www.wsj.com time to read: 1 min

Persons: Dan Gallagher, Zoe Thomas, Michael Ciaglo Organizations: Microsoft, Activision Deal Microsoft, Activision Blizzard, Bloomberg

☆ South Carolina Supreme Court upholds 6-week abortion ban
▼ + stars: | 2023-08-23 | by ( Carma Hassan | ) edition.cnn.com time to read: +4 min

CNN —The South Carolina Supreme Court on Wednesday reversed a temporary block on the state’s abortion restrictions, with four justices agreeing and one dissenting in three separate opinions. Henry McMaster signed the Fetal Heartbeat and Protection from Abortion Act in May, Planned Parenthood South Atlantic and several other medical providers filed a lawsuit in state court to try to stop it. The state filed an emergency petition asking the South Carolina Supreme Court, which is comprised of five men, to act quickly on the case. “Moreover, the implication is that women are solely responsible for a couple’s unexpected pregnancy, possibly due to the lack of birth control. But what about situations where birth control fails?

Persons: Henry McMaster, McMaster, John Kittredge, “, John Few, ” “, ”, Donald Beatty, ” Beatty, ” CNN’s Dianne Gallagher Organizations: CNN, South Carolina Supreme, Abortion, Republican Gov, State Board of Medical Locations: America, South Carolina

☆ Watch: India Becomes First Country to Land on Moon’s South Pole
▼ + stars: | 2023-08-23 | by ( ) www.wsj.com time to read: 1 min

Persons: Dan Gallagher, Zoe Thomas, Michael Ciaglo Organizations: Microsoft, Activision Deal Microsoft, Activision Blizzard, Bloomberg

☆ Watch: Wagner Boss Yevgeny Prigozhin Killed in Russian Plane Crash
▼ + stars: | 2023-08-23 | by ( ) www.wsj.com time to read: 1 min

Persons: Dan Gallagher, Zoe Thomas, Michael Ciaglo Organizations: Microsoft, Activision Deal Microsoft, Activision Blizzard, Bloomberg

☆ Microsoft Now Playing the Very Long Game With Activision
▼ + stars: | 2023-08-22 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Organizations: microsoft, activision

☆ Google Can’t Afford to Take Its Foot Off the Spending Brakes
▼ + stars: | 2023-08-22 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/stocks/google-cant-afford-to-take-its-foot-off-the-spending-brakes-595e0804

Persons: Dow Jones

☆ Modelo is now beating Bud Light for the entire year
▼ + stars: | 2023-08-22 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Modelo Especial is now officially America’s best-selling beer, dethroning Bud Light from the top spot it has largely held for the past two decades. Year-to-date sales data through August 12 shows it was tight, but Modelo eked out the top spot with an 8.34 share vs. 8.28 for Bud Light. Summer has been a bright spot for the Mexican lager, with Modelo surpassing Bud Light in May, June and July monthly sales. Modelo has held a 9.1 share for the past four weeks as Bud Light slipped to a 7 share of off-premise beer sales. There’s been some “material improvement,” for the Anheuser-Busch (BUD) brand Bud Light, according to Beer Business Daily, a trade publication.

Persons: Bud Light, Bud Light’s, There’s, BUD, Bud, Dylan, ” BBD, Greg Gallagher, ”, ” Gallagher, influencer, Busch Organizations: New, New York CNN — Modelo, Modelo, Bud, Anheuser, Busch, Beer Business, Constellation Brands, Corona, Constellation, CNN, Molson Coors, TAP, Miller Lite, Coors, Light, Modelo Especial, Revenue Locations: New York, North America, Canada, United States

☆ Audio Static in a Ford F-150
▼ + stars: | 2023-08-22 | by ( ) www.wsj.com time to read: 1 min

Persons: Dan Gallagher, Zoe Thomas, Michael Ciaglo Organizations: Microsoft, Activision Deal Microsoft, Activision Blizzard, Bloomberg

☆ How Modelo dethroned Bud Light to become the top-selling U.S. beer
▼ + stars: | 2023-08-18 | by ( Natalie Rice | ) www.cnbc.com time to read: +4 min

1 beer in America due to a competitor's moves is not accurate," said Jim Sabia, executive vice president and managing director of Constellation Brands ' beer division. Bud Light's sales slump changed that. The data shows that on the four weeks ended on May 20, Modelo's share of total beer sales grew to 10.7%, while Bud Light's fell to 9.6%. "Modelo has been on a rise and Bud Light's been on a decline as we've seen overall shifts in the beer market in the last 10 years." But when it comes to success in the Mexican beer market, Constellation is relatively untouchable.

Persons: Jim Sabia, We've, Sabia, Bud Light's, Bud Light, influencer Dylan Mulvaney, Bart Watson, Gerald Pascarelli, There's, Greg Gallagher, we've Organizations: Modelo Especial's U.S, Constellation Brands, Modelo, Modelo Especial, Nielsen, Wedbush Securities, Anheuser, Busch InBev, Brewers Association, Beer Institute Locations: America, U.S, Corona, Pacifico, Mexico, United States, Circana

☆ Rep. Mike Gallagher: Americans are unwittingly funding China's People's Liberation Army
▼ + stars: | 2023-08-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Mike Gallagher: Americans are unwittingly funding China's People's Liberation ArmyHouse Select Committee on China Chairman Rep. Mike Gallagher (R-Wis.) joins 'Squawk Box' to discuss rising U.S.-China tensions, why he believes President Biden's executive order restricting U.S. investments in Chinese high tech sectors didn't go far enough,

Persons: Mike Gallagher, Biden's Organizations: People's Liberation Locations: China

☆ Top Republican China hawk says White House investment restrictions fall short
▼ + stars: | 2023-08-18 | by ( Chelsey Cox | ) www.cnbc.com time to read: +5 min

WASHINGTON — A leading House Republican voice on the national security threat posed by China said the White House's plan to restrict outbound investment in the Chinese military and defense companies falls short of addressing the real problem. The Wisconsin Republican is the chairman of the House Select Committee on the Chinese Communist Party and a leading voice in the House on the risks of U.S. investment in China. The House CCP Committee has flagged around 50 firms, including machinery, aircraft and technology firms and created a de facto blacklist. Yellen has already signaled that she intends to keep any investment restrictions "narrowly targeted" to protect U.S. national security, and insists they are not intended to weaken China's economy. "Even though these policies may have economic impacts, they are driven by straightforward national security considerations," she said in an April speech.

Persons: Mike Gallagher, WASHINGTON —, Joe Biden's, Gallagher, Janet Yellen, Yellen Organizations: U.S, Capitol, Republican, Treasury Department, Wisconsin Republican, Chinese Communist Party, CCP, The, House CCP, BlackRock, CNBC, White House Locations: China, United States, Wisconsin, Mexico, Canada, BlackRock

☆ Intel Shows Why Global Chip M&A Is Off the Table
▼ + stars: | 2023-08-17 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Dan Gallagher — Reporter at The Wall Street Journal
▼ + stars: | 2023-08-17 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

Dan GallagherDan Gallagher has covered technology for Heard on the Street since 2013. He has been writing about technology and business for two decades — well before smartphones got smart. Dan previously spent ten years at MarketWatch, where he built a data news team and served as technology editor. He is based in San Francisco.

Persons: Dan Gallagher Dan Gallagher, Heard, Dan Organizations: MarketWatch Locations: San Francisco

☆ Cybersecurity Star Dims Ahead of News Dump
▼ + stars: | 2023-08-16 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Time to Take Up Take-Two
▼ + stars: | 2023-08-16 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ Companies are increasingly making counteroffers to staff who have been offered new jobs — often because they can't be bothered to find replacements — UK survey finds
▼ + stars: | 2023-08-15 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Around 40% of UK employers have given counteroffers to staff looking to job hop in the past year, a survey found. Employers are hoping to retain staff for their knowledge, and skills, and to avoid replacing them. Almost half of employers say counteroffers are effective in retaining employees for at least 12 months. Some 40% say they do this by exceeding pay offers given by other employers, while 38% said they match the offers of other employers. Half of employers are planning to use counteroffers in the next year to retain staff for their company knowledge and technical skills, the CIPD's survey found.

Persons: they've, Gallagher, Yoko Spirig, counteroffers, Insider's Aki Ito, Michelle Reisdorf, Robert Half, Ito Organizations: Employers, Service, Privacy, Workers, Chartered Institute, Personnel, Google, Ford, Spotify, JPMorgan Locations: Wall, Silicon

☆ Hip-Hop’s Biggest Fashion Moments, From Run-D.M.C. to Kanye
▼ + stars: | 2023-08-11 | by ( Jacob Gallagher | ) www.wsj.com time to read: 1 min

On stage and in magazine spreads, rappers have waged a Cold War about who could dress the flyest, wear the most outré thing, push the envelope the furthest. And they backed it up on their songs, bragging endlessly about outdressing everyone and weaving designer name after designer name into their rhymes. Queen Latifah on the set of video shoot for "Fly Girl" in New York City, 1991. Photo: Al Pereira/Michael Ochs Archives/Getty

Persons: Queen Latifah, Al Pereira, Michael Ochs Organizations: Michael Ochs Archives, Getty Locations: New York City

☆ Disney Gets Iger’s Second Show on the Road
▼ + stars: | 2023-08-10 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Organizations: disney

☆ Two US lawmakers raise security concerns about Chinese cellular modules
▼ + stars: | 2023-08-08 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Jonathan Newton/Pool via REUTERS/File PhotoWASHINGTON, Aug 8 (Reuters) - Two U.S. lawmakers on Tuesday asked the Federal Communications Commission (FCC) to address questions about potential security concerns involving cellular modules made by Chinese companies including Quectel (603236.SS) and Fibocom Wireless (300638.SZ). Cellular modules are components that enable internet of things (IoT) devices to connect to the internet. The lawmakers asked if the FCC is considering using the Covered List to address Chinese-owned cellular modules. "Could requiring certification for modules used in communications equipment be an effective means" of addressing Chinese modules in U.S. networks? In 2022, the Chinese Embassy in Washington said the FCC "abused state power and maliciously attacked Chinese telecom operators again without factual basis."

Persons: Jessica Rosenworcel, Jonathan Newton, Mike Gallagher, Raja Krishnamoorthi, David Shepardson, Mark Porter, Leslie Adler Organizations: U.S . Senate Commerce, Science, Transportation, Federal Communications Commission, Tuesday, Fibocom Wireless, Republican, China, FCC, Pacific Networks Corp, HK, Huawei Technologies, ZTE Corp, Hytera Communications Corp, Hangzhou Hikvision Digital Technology, Zhejiang Dahua Technology, Embassy, Huawei, Thomson Locations: Washington , U.S, Quectel, China, Hangzhou, Zhejiang, Washington

☆ Amazon Shines During Apple’s Off-Season
▼ + stars: | 2023-08-04 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Analysis: US institutional investors could face restrictions on Chinese stock ownership
▼ + stars: | 2023-08-04 | by ( Ross Kerber | ) www.reuters.com time to read: +5 min

Chinese companies including Tencent (0700.HK) and Alibaba (9988.HK) accounted for 31% of the MSCI Emerging Markets index (.MSCIEF) in July. RED-FLAGGED COMPANIESMSCI and rivals removed seven Chinese companies from global indexes in 2020 because of U.S. ownership restrictions. The committee's letters this week cited contractors to China's People's Liberation Army it identified in BlackRock funds or MSCI indexes. Some of the companies have been flagged such as appearing on the U.S. Treasury's "Chinese Military-Industrial Complex" companies list. For companies on it, U.S. persons and asset managers face purchase and sale restrictions but not divestment requirements.

Persons: Tingshu Wang, Biden, Jo Ritcey, Donohue, there’ll, BlackRock, MSCI, RUSH, Mike Gallagher, Gallagher, Todd Rosenbluth, Rosenbluth, Russell, Ross Kerber, Karin Strohecker, Michael Martina, Patricia Zengerle, Selena Li, Megan Davies, Cynthia Osterman Organizations: Waterdrop Inc, New York Stock Exchange, REUTERS, U.S, BlackRock, Washington, Chinese Communist Party, HK, Vanguard FTSE, Vanguard, FTSE Russell, People's, Ritcey, Department of, Thomson Locations: U.S, New, Beijing, China, BlackRock, Washington, Taiwan, Ukraine, MSCI, Boston, London, Hong Kong

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