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☆ Report of Hit-and-Run at Stanford Prompts Hate Crime Inquiry
▼ + stars: | 2023-11-05 | by ( Livia Albeck-Ripka | More About Livia Albeck-Ripka | ) www.nytimes.com time to read: +2 min

The authorities have opened a hate crime investigation into the report of a hit-and-run on Friday that left an Arab Muslim student injured at Stanford University. hit the student on the campus in Stanford, Calif., just before 2 p.m. A spokeswoman for Stanford University said in an email that campus authorities issued information to the campus community as soon as they had enough details to do so. Columbia recently closed its campus to the public amid tensions between pro-Israel and pro-Palestinians protesters, and Cornell canceled classes last week after antisemitic threats. In the wake of the hit-and-run report, Stanford’s public safety department said that it was deploying additional security at “key locations” on campus.

Persons: “, Richard Saller, Jenny Martinez, Israel Organizations: Stanford University, Calif, Toyota, Stanford, Sheriff’s, California, Patrol, Hamas, Harvard, Israel, Cornell Locations: Arab, Stanford, Santa Clara, Gaza, Israel, Columbia

☆ Seeking a Home for His Parents, a Son Built a Community
▼ + stars: | 2023-11-04 | by ( Anna Kodé | More About Anna Kodé | ) www.nytimes.com time to read: +1 min

The plan was that Mr. Paul would be close by, but his parents would also share the duplex with their friends, another older couple. Word of the duplex plan spread among other members of the Indian community, and Mr. Paul started to think that it could be something bigger. Priya Living started off with just one 26-unit location in Santa Clara, Calif., where Mr. Paul’s parents moved in. Mr. Paul also said that the company has acquired land for future development in Michigan and Texas. In total, Priya Living has over 530 residents in the United States.

Persons: Arun, Paul, ”, ‘, “, Mr, Priya, Priya Living Organizations: “ Locations: Bay, India, aunties, Santa Clara, Calif, California, New Delhi, Michigan, Texas, United States

☆ Jim Cramer blasts warnings from a competitor, says buy cybersecurity leader Palo Alto Networks
▼ + stars: | 2023-11-03 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

Despite doom-and-gloom from a competitor around cybersecurity spending, Jim Cramer said Friday that it's the perfect time to buy industry leader Palo Alto Networks (PANW), considering the onslaught of recent high-profile hacks and breaches. PANW YTD mountain Palo Alto Networks (PANW) year-to-date performance In fact, companies need the services of cybersecurity specialists, Palo Alto, more than ever nowadays. On Oct. 20 , identity management company Okta (OKTA) said its support systems were hacked. Cramer said Palo Alto Networks stands to benefit. Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021.

Persons: Jim Cramer, Fortinet, —, Jim, there's, Estee Lauder, we've, Tracey Thomas Travis, Linda Rendle, Cramer, Needham, Jim Cramer's, David Paul Morris Organizations: Palo Alto Networks, Palo, Boeing, Palo Alto, CNBC, Bloomberg, Getty Locations: Palo Alto, Fortinet, Alto, Palo, Las Vegas, cybersecurity, Santa Clara , California, U.S

☆ Nvidia’s $5 Billion of China Orders in Limbo After Latest U.S. Curbs
▼ + stars: | 2023-10-31 | by ( Raffaele Huang | Asa Fitch | ) www.wsj.com time to read: 1 min

Chip maker Nvidia broke into the exclusive club of companies that have a $1 trillion market cap. WSJ’s Asa Fitch breaks down how Nvidia got there—and why AI is fueling the company’s rapid growth. Photo illustration: Annie ZhaoSINGAPORE—New U.S. export controls may compel artificial-intelligence giant Nvidia to cancel billions of dollars in next-year orders for its advanced chips to China, a move that could deprive Chinese tech companies of crucial AI resources. The Santa Clara, Calif.-based company had already finished delivering orders of its advanced AI chips to China for this year, according to people familiar with the matter, and was pushing to deliver some 2024 orders in advance before the new rules were scheduled to come into effect in mid-November.

Persons: WSJ’s Asa Fitch, Annie Zhao Organizations: Nvidia, Annie Zhao SINGAPORE — Locations: Annie Zhao SINGAPORE, Annie Zhao SINGAPORE — New, China, Santa Clara, Calif

The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Nvidia's stock fell to as low as $392.30, down 4.7%, to the lowest level since mid-June. "The stock is getting oversold," said Tom Plumb, chief executive and lead portfolio manager at Plumb Funds, which has Nvidia as one of its largest holdings. "Previously, Nvidia has said this is not going to have a short-term impact but it's more in the long term. "These new export controls will not have a meaningful impact in the near term," the Nvidia spokesperson said in a statement.

Persons: Tom Plumb, Plumb, Biden, Thomas Hayes, Chibuike Oguh, Stephen Nellis, Amruta, Lance Tupper, Jonathan Oatis Organizations: NVIDIA, Handout, REUTERS, Nvidia Corp, Nvidia, Alibaba, HK, Baidu, U.S . Commerce Department, Wall, Nasdaq, Plumb Funds, Beijing, Great, Thomson Locations: Santa Clara , California, China, U.S, Iran, Russia, New York, San Francisco, Bengaluru

SANTA CLARA, Calif. (AP) — The San Francisco 49ers got some needed help for their struggling defense, acquiring edge rusher Chase Young from the Washington Commanders for a conditional third-round draft pick. Two people with knowledge of the deal confirmed that Young was headed to San Francisco pending a physical following the trade agreed to before Tuesday's deadline. Young was the second overall pick in the 2020 draft — a year after Bosa went No. 2 to San Francisco — and has been playing at a high level this season after two injury-plagued years. Political Cartoons View All 1227 ImagesAfter a fast start to the season, San Francisco's defense has struggled during the recent losing streak.

Persons: Chase Young, Young, Nick Bosa, Bosa, San Francisco —, Joe Burrow, Javon Hargrave, Arik Armstead, Randy Gregory, San Francisco, Montez, Stephen Whyno Organizations: San Francisco 49ers, Washington, Associated Press, hadn't, Ohio State, 49ers, Pro Football, Niners, Chicago Bears, AP Locations: SANTA CLARA, Calif, San Francisco, San, Minnesota, Cincinnati

Security cameras point towards pedestrians outside the Royal Bank of Canada (RBC) headquarters in Toronto, Ontario, Canada March 16, 2017. RBC, Canada's top lender, said in September that it had infused fresh capital into City National, without elaborating, as it struggled amid the U.S. regional banking crisis. Rizvanovic estimates roughly $7 billion of low-yielding debt securities were transferred from City National to RBC, and he said the return on invested capital should "improve meaningfully" following the move. Since RBC acquired it for $5.4 billion in cash and stock, City National has most recently received amounts between $450 million, $700 million and $600 million annually. The bank has previously said realized losses at City National will be eliminated at the RBC consolidated level.

Persons: Chris Helgren, Mike Rizvanovic, Kelly Coffey, Dave McKay, Nivedita Balu, Matthew Lewis Organizations: Royal Bank of Canada, REUTERS, Rights, National Bank, Los, City National, RBC, Reuters, Valley Bank, City, Thomson Locations: Toronto , Ontario, Canada, Los Angeles, United States, U.S, Santa Clara , California, Toronto

Gavin Newsom is the latest to find out that plans for a confident jump shot can turn into a torrent of online potshots. On a trip to China, the two-term Democrat took a detour from his official meetings on climate change to join a group of Beijing schoolkids for a game of basketball. Video circulating online shows Newsom wearing slacks, an open-collared shirt and dress shoes while towering over schoolchildren on the court. The governor playfully twirls a basketball on a fingertip, then executes a spin move as he heads toward the basket. “Newsom destroys kid during basketball game in China,” celebrity website TMZ tweeted.

Persons: —, Gavin Newsom, Newsom, Boris Johnson, Bill Clinton, Al Gore, John Kerry, ” George W, “, ”, “ Newsom, TMZ, Xi Jinping Organizations: ANGELES, Gov, pats, ” Fox News, America, Santa Clara University, Los Angeles Fox News Locations: China, Beijing, British, London, Japan, Scotland

The AI cloud-computing organization, called Voltage Park, has 24,000 Nvidia H100 chips, Voltage Park CEO Eric Park told Reuters in an interview. The operation plans to offer long- and short-term, low-cost AI computing to help alleviate the shortage of AI chips. Voltage Park plans to set up clusters of the Nvidia AI chips in Texas, Virginia and Washington. After the release of OpenAI's ChatGPT last year, demand for Nvidia's advanced AI silicon soared as businesses scrambled for chips to power their AI ambitions. Intel , Advanced Micro Devices (AMD.O) and a host of startups sell competing AI chips that are also in heavy demand.

Persons: Jed McCaleb, Eric Park, OpenAI's ChatGPT, McCaleb, Max A, Anna Tong, Cynthia Osterman Organizations: NVIDIA, Handout, REUTERS Acquire, Nvidia, Reuters, Intel, Devices, Navigation Fund, Navigation, Thomson Locations: Santa Clara , CA, Texas , Virginia, Washington, Gox, San Mateo , California, San Francisco

☆ Arista Networks forecasts Q4 revenue above estimates on higher enterprise spend
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

Oct 30 (Reuters) - Cloud networking solutions provider Arista Networks (ANET.N) forecast fourth-quarter revenue above estimates on Monday, as it expects easing supply chain restraints to underscore enterprise spending, sending its shares up 5.5% in extended trading. Arista has benefited from upbeat capital spending as clients shell out on cloud computing services to support their growing AI needs amid a recovering economy. Arista reported third-quarter revenue of $1.51 billion, a 28.3% increase from a year earlier, beating Street expectations of $1.48 billion. Rival Juniper Networks also beat estimates for third-quarter revenue last week, on the back of upbeat spending from cloud computing clients. On an adjusted basis, Arista posted quarterly profit of $1.83 per share, against expectations of $1.58.

Persons: Akshita, Krishna Chandra Organizations: Arista Networks, Arista, Microsoft Corp, Juniper Networks, Thomson Locations: Santa Clara , California, Bengaluru

☆ Intel forecasts fourth-quarter revenue above expectations
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +1 min

A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsOct 26 (Reuters) - Intel (INTC.O) forecast fourth-quarter revenue above Wall Street estimates on Thursday, optimistic of a healthy rebound in client orders for its chips after a several-quarters-long inventory buildup in the PC market eased. The company forecast adjusted current-quarter revenue in the range of about $14.6 billion to $15.6 billion, compared with an estimate of $14.35 billion, according to LSEG data. The company expects adjusted profit per share to be about 44 cents, beating an estimate of 32 cents. Reporting by Chavi Mehta in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, chipmaker, Canalys, Chavi Mehta, Krishna Chandra Organizations: REUTERS, Intel, Taiwan Semiconductor Manufacturing, Thomson Locations: Santa Clara , California, Bengaluru

☆ The San Jose housing market is so competitive that a house with an 'inactive meth lab' is on the market for $1.55 million
▼ + stars: | 2023-10-25 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +3 min

A San Jose home is the site of an "inactive meth lab and meth contamination," the listing reads. "If it's a meth lab, it shouldn't be listed at that price, not in that neighborhood," an agent said. AdvertisementAdvertisementThe housing market in San Jose, California, is so hot that even a former meth lab is asking well over $1 million. A six-bedroom home is currently listed at $1.55 million, but the kicker is it's being sold as is — "inactive meth lab" and all, reads the listing description. According to Redfin, San Jose has the most competitive housing market in the country, beating out neighboring cities like Sacramento and San Diego.

Persons: —, Redfin, Diane LoVerde, Santa Clara County, LoVerde, Zaid Hanna, KRON4, Keller, Cindy Selleos Organizations: Service, Court Locations: Jose, San Jose , California, San Jose, Sacramento, San Diego, California, Zillow, Santa Clara

☆ Can you ask someone how much they pay in rent? An ethicist, philosopher and etiquette expert weigh in
▼ + stars: | 2023-10-25 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +5 min

Depending on how well you know them, questions about those personal details can seem forward, if not downright rude. "Asking someone how much they pay for housing is a proxy for asking them how wealthy they are," she says. Asking someone how much they pay for housing is a proxy for asking them how wealthy they are. Anita Allen Professor, University of PennsylvaniaThat's why, Allen says, she would only ask if she "knew them very well." 'We are having a housing crisis nationally'A 'For Rent' sign is posted near a home on February 07, 2022 in Houston, Texas.

Persons: Anita Allen, Allen, Brandon Bell, It's, —, Don Heider, Heider, Daniel Post Senning, Emily Post's Organizations: University of Pennsylvania, Getty, U.S . Bureau, Labor, Santa Clara University, National Association of Realtors Locations: Houston , Texas, Philadelphia, New York City, York City, Oxford , Mississippi, Roseville , Michigan

☆ Chip design startup SiFive lays off 20% of staff
▼ + stars: | 2023-10-24 | by ( Max A. Cherney | ) www.reuters.com time to read: +1 min

Oct 24 (Reuters) - Chip design startup SiFive has laid off around 20% of its staff, or about 130 people, the company said on Tuesday. SiFive, based in Santa Clara, California, builds chip designs based on an open chip architecture known as RISC-V, and competes against the recently public Arm Holdings (O9Ty.F), . Like Arm, SiFive builds the underlying designs chips are based on, but not the chips themselves. The company is scaling back its effort to offer customized designs for customers, beyond the standard blueprints that are available. Technology giants such as Qualcomm (QCOM.O) and Alphabet's Google (GOOGL.O) have embraced the underlying RISC-V technology.

Persons: SiFive, David Miller, Miller, Max A, Stephen Coates, Chris Reese Organizations: Arm Holdings, Technology, Qualcomm, Google, U.S ., Thomson Locations: Santa Clara , California, U.S, China, San Francisco

Nvidia and AMD could sell PC chips as soon as 2025, one of the people familiar with the matter said. Nvidia and AMD would join Qualcomm (QCOM.O), which has been making Arm-based chips for laptops since 2016. Nvidia spokesperson Ken Brown, AMD spokesperson Brandi Marina, Arm spokesperson Kristen Ray and Microsoft spokesperson Pete Wootton all declined to comment. Executives at Microsoft have observed how efficient Apple’s Arm-based chips are, including with AI processing, and desire to attain similar performance, one of the sources said. AMD's entry into the Arm-based PC market was earlier reported by chip-focused publication SemiAccurate.

Persons: Intel’s, Ken Brown, Brandi Marina, Kristen Ray, Pete Wootton, ”, Jay Goldberg, Will Moss, Stephen Nellis, Max A, Kenneth Li, Josie Kao Organizations: NVIDIA, Handout, REUTERS, Nvidia, Arm Holdings, Reuters, Windows, Apple, IDC, Devices, AMD, Qualcomm, Microsoft, Intel, D2D, Software, Thomson Locations: Santa Clara , California, San Francisco

☆ Intel stock drops on report Nvidia is working on an Arm-based PC chip
▼ + stars: | 2023-10-23 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Intel stock dropped 3% Monday after Reuters reported that Nvidia and AMD were working on Arm-based PC chips. Intel currently has the majority of the market for PC chips, with AMD coming in second. Intel's PC chips are based on the x86 instruction set. Chips that use the Arm-based instruction set, like those for smartphones, often use significantly less power, which is critical for battery-powered devices. Qualcomm has been working on its own Arm-based PC chips for years, although it has yet to gain significant sales traction.

Organizations: Nvidia, Intel, Reuters, AMD, Apple, AMD's, Microsoft, Qualcomm, CNBC Locations: Santa Clara , California

☆ Rite Aid is planning to close about 150 locations. See if your local store is on the list.
▼ + stars: | 2023-10-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +9 min

Rite Aid filed plans to close 154 stores on Monday as part of its Chapter 11 bankruptcy. Rite Aid is the smallest of the three major drugstore chains, well behind CVS and Walgreens. Rite Aid was expected to close stores as part of its bankruptcy. Rite Aid told Insider that it considers a variety of factors when deciding to close a store, "including business strategy, lease and rent considerations, local business conditions and viability, and store performance." "We will also strive to transfer associates to other Rite Aid locations where possible," the company said.

Persons: —, Glen, Taylor, Daniel Webster, Merrick, William Penn, Redmond, Lacey Organizations: CVS, Walgreens, Service, Pennsylvania . Rite Aid, Wall Street Journal, Rite Aid, Rite, Crenshaw, Hollywood Way, San, Niguel, Yorba, Santa, Thompson Boulevard, Ventura, Atwater, Overland, Meridian, Main, Bel, Bel Air South, Park, Main Street, Lafayette, Garfield, Garden, Ford, Flint, Farmington, Whittemore Street, New Jersey :, Marshall, Bridgeton Pike, Whiting, Pike, Huntington, Jericho Turnpike, Jeff, North Street, Cesar, Chavez, Pennsylvania, Stevenson, Bethel, Union, Allentown, Fourth Street, Fifth, Washington Lane, Street, Central Avenue, Grady, Everett Locations: California, New York, Pennsylvania, Los Angeles, Rock, Centinela, Downey, Beach, Burbank, Hollywood Way Covina, Puente, Alhambra, Oceanside, San Diego, Yorba Linda, Santa Ana, Thompson, Thompson Boulevard Oxnard, Cupertino, Santa Clara, Cruz, Bellevue, Sacramento, Boulevard Ontario, Irvine, Monterey, Alvarado Street Connecticut, Bethel, Greenwood, Delaware, Newark, Hill, Wilmington, Idaho, Boise, Maryland, Elkton, Pulaski, Baltimore, Glen Burnie, Baltimore Annapolis Boulevard Massachusetts, Webster, Main Street Michigan, Fremont, Greenville, Clinton, Macomb, Sturgis, Centerville, Clinton Township, Gratiot, Shelby Township, Dyke, Jackson, Michigan, Manistee, Garden City, North, Detroit, Farmington Hills, St, Johns, Whittemore Street Lansing, Hampshire, Merrimack, New Jersey, New Jersey : West Milford, Mantua, Bridgeton, Irvington, Somerset, Williamstown, Pike New York, Brooklyn, Shore, Merrick, East Northport, Jericho, Jericho Turnpike Medford, Patchogue, West Patchogue, Kenmore, Rochester, Flushing, Levittown, Ohio, Massillon, East New Carlisle, Dayton, Youngstown, Springfield, North Street Bellefontaine, Oregon, Portland, Kensington, Brighton, Bethel Park, Pittsburgh, Greensburg, Bethlehem, Fourth Street Philadelphia, Venango, Washington, Conshohocken, Hanover, Mechanicsburg, Erie, Abington, York, Johnstown, Ardmore, Lancaster, Pittston, Wyoming, Yardley, Chester, Street Titusville, Central Avenue Virginia, Chesapeake, Pleasant, Seattle, Graham, Renton

☆ U.S. curbs export of more AI chips, including Nvidia H800, to China
▼ + stars: | 2023-10-17 | by ( Kif Leswing | ) www.cnbc.com time to read: +4 min

The U.S. Department of Commerce announced Tuesday that it plans to prevent the sale of more advanced artificial intelligence chips to China in the coming weeks. Those earlier restrictions banned the sale of the Nvidia H100, which is the processor of choice for AI firms in the U.S. such as OpenAI. The new rules will ban those chips as well, senior administration officials said in a briefing with reporters. Other rules will likely hamper the sale and export to China of semiconductor manufacturing equipment from companies such as Applied Materials , Lam and KLA. Companies that want to export AI chips to China or other embargoed regions will have to notify the U.S. government.

Persons: Gina Raimondo, They're, Raimondo, " Raimondo, — CNBC's Kristina Partsinevelos Organizations: Nvidia, U.S . Department of Commerce, Broadcom, Marvell, AMD, Intel, KLA, U.S, CNBC, . Commerce, ., Commerce Department Locations: Santa Clara , California, China, U.S, Macao, United States

☆ With new U.S. export restrictions, can Nvidia thrive in the long term without China?
▼ + stars: | 2023-10-17 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +5 min

The U.S. government plans to restrict the sale of advanced AI chips to China in the coming weeks, the Commerce Department announced Tuesday. KeyBanc Capital Markets said Tuesday that the new restrictions are a negative for Nvidia, arguing "it will ultimately be difficult to backfill China demand." The A800 and H800 are modified versions of Nvidia's cutting-edge AI chips used in data centers, known as the A100 and the more recent H100. To comply with the new rules, Nvidia created the A800 and H800 chips, which had slower data-transfer speeds and therefore didn't violate the export controls. The latest export controls, which U.S. officials said will go into effect in 30 days, again threaten those sales.

Persons: Biden, chipmaker –, Jeff Marks, Marks, — CNBC's Kristina Partsinevelos, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Nvidia, Commerce Department, KeyBanc, Markets, Microsoft, Oracle, U.S, supercomputing, Intel, Devices, CNBC, NVIDIA Locations: China, U.S, Santa Clara , California

☆ 48% of Gen Zers will do their holiday shopping on TikTok, Instagram this year—they trust the 'wisdom of their friends,' expert says
▼ + stars: | 2023-10-17 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

Americans between the ages of 18 and 29, a majority of which are Gen Z, have already gotten a jump on their holiday shopping, according to a recent Shopify-Gallup Survey. And almost half, 48%, say they will do at least some of their year-end buying on social media platforms like TikTok or Instagram. For brands attempting to capture the Gen Z customer, a compelling social media presence is key. About 86% of Gen Z shoppers say social media sways their buying decisions, according to a report by ICSC. For Gen Z, a product is cool because the right person — usually one who came across their TikTok feed — has it.

Persons: Savannah Wei Shi, Shi Organizations: Gallup Survey, ICSC, Shoppers, Santa Clara University Locations: Instagram, Young, Savannah

☆ U.S. tackles loopholes in curbs on AI chip exports to China
▼ + stars: | 2023-10-16 | by ( ) www.cnbc.com time to read: +4 min

The latest crackdown on tech exports to China coincides with U.S. efforts to thaw difficult relations between the world's two largest economies. One, named the H800, has as much computing power at some settings used in AI work as the company's more powerful but blocked H100 chip. The U.S. now plans to introduce new guidelines for AI chips that will restrict certain advanced datacenter AI chips that are not currently captured, the U.S. official said. In order to keep AI chips the U.S. views as too powerful from China, the official said the U.S. planned to remove one of the parameters — the "bandwidth parameter" — it has used to restrict exports of certain AI data center chips. This would likely mean the speed at which AI chips talk to each other would be reduced.

Persons: Qilai Shen, Biden Organizations: Bitmain Technologies, Artificial Intelligence, Bloomberg, Getty, U.S, Reuters, U.S . Department of Commerce, Nvidia, The, Commerce Department Locations: Shanghai, China, Beijing, United States, Washington, The U.S, Santa Clara , California, U.S

☆ Taylor Swift's Eras tour movie brought in about $96 million at the box office
▼ + stars: | 2023-10-15 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +5 min

In its opening weekend, the pop singer’s concert film, “Taylor Swift: The Eras Tour,” raked in between $95 and $97 million in the box office in the United States and Canada, movie theater chain AMC said Sunday. “I thought I had seen everything with the Barbenheimer phenomenon,” said Paul Dergarabedian, senior media analyst at Comscore, which tracks box office numbers. Teenagers trade bracelets while waiting for the beginning of Taylor Swift's Eras Tour concert movie in a cinema in Mexico City, Mexico October 13, 2023. Discovery, and “Oppenheimer.” Together, the two hits brought in nearly $2.4 billion in global box office sales this year, according to tracking site Box Office Mojo. Barbenheimer and Swift’s concert film “puts movie theaters at the epicenter of the culture as the hub of cultural influence,” said Dergarabedian.

Persons: New York CNN — Taylor Swift, “ Taylor Swift, ”, “ Justin Bieber, ” Elizabeth Frank, Taylor Swift, Chris Day, Swift, Swiftie Clara, seismologist, Sam Wrench, Taylor, Paul Dergarabedian, ” Swift, Alexandre Meneghini, Beyoncé, “ Barbie, “ Oppenheimer, Michael O’Leary, “ Organizations: New, New York CNN, AMC, USA, Ticketmaster, ” AMC, it’s, Twitter, Warner Bros, National Association of Theater Owners, CNN Locations: New York, United States, Canada, Memphis, Tenn, Santa Clara, Northern California, Seattle, Los Angeles, AMC’s, Mexico City, Mexico, The

☆ The company powering the AI revolution is quite happy to let staff keep WFH
▼ + stars: | 2023-10-15 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

It's not adopted the strict return-to-office mandates enforced by some Silicon Valley firms. But Nvidia, whose chips are powering the AI revolution, is not enforcing strict return-to-office mandates. Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018. Mandel Ngan/AFP/Getty ImagesYet the companies snapping up Nvidia's chips don't all agree. But Nvidia's astounding growth undermines the claims made by some Silicon Valley bigwigs.

Persons: Bard, It's, Jensen Huang, —, Beau Davidson, Davidson, Mandel Ngan, Mark Zuckerberg, Sam Altman, OpenAI, they're Organizations: Nvidia, Service, Venture, Commerical Observer, MGM, Getty, Meta, Reuters, CNET Locations: Silicon, Las Vegas, AFP, China, Hong Kong, Santa Clara

☆ Qualcomm to cut roughly 1,258 jobs in California
▼ + stars: | 2023-10-12 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +1 min

Cristiano Amon, president and CEO of Qualcomm, speaks during the Milken Institute Global Conference in Beverly Hills, California, May 2, 2022. Qualcomm is cutting about 1,258 jobs in offices in two of its California locations, according to recent filings with the California Employment Development Department. The semiconductor manufacturer notified the state Wednesday that it would be eliminating roughly 1,064 of its San Diego employees and 194 of its Santa Clara employees. "Given the continued uncertainty in the macroeconomic and demand environment, we expect to take additional restructuring actions to enable continued investments in key growth and diversification opportunities. We currently anticipate these additional actions to be substantially completed in the first half of fiscal 2024."

Persons: Cristiano Amon Organizations: Qualcomm, Milken Institute Global Conference, California Employment Development Department, San Diego, Santa Clara, CNBC Locations: Beverly Hills , California, California

In March, the Democratic governor announced a plan to gift several California cities hundreds of tiny homes by the fall to create space to help clear homeless encampments that have sprung up across the state’s major cities. More than 171,000 homeless people live in California, making up about 30% of the nation’s homeless population. The state has spent roughly $30 billion in the last few years to help them, with mixed results. Officials also pointed to a new law signed by Newsom in July to streamline construction of tiny homes. “It’s going to help thousands of people who are going to benefit because of the comprehensive nature of the approach here.”Sacramento and the state have also agreed to place the other 175 tiny homes at the California state fairgrounds.

Persons: Gavin Newsom, Newsom's, Newsom, it’s, ” Hafsa Kaka, “, We’ve, Darrell Steinberg, “ It’s Organizations: Gov, Democratic, Sacramento Bee, WellSpace Health, Sacramento, Transportation Authority Locations: SACRAMENTO, Calif, Sacramento, California, Los Angeles, San Jose, San Diego, ” Sacramento, Santa Clara

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