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2025-01-24
Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. In a brief news release with few details, Chinese regulators appear to be focusing on Nvidia's $6.9 billion acquisition of network and data transmission company Mellanox in 2019. Nvidia shares about 3% Monday. They are still up 179% so far this year. Considered a bellwether for artificial intelligence demand, Nvidia has led the AI sector to become one of the stock market’s biggest companies, as tech giants spend heavily on the company’s chips and data centers needed to train and operate their AI systems. Nvidia's shares have surged this year along with the California company's revenue and profit due to AI demand. According to data firm FactSet, about 16% of Nvidia's revenue comes from China, second only to its U.S.-generated revenue. A spokesperson for the company based in Santa Clara, California, said in an emailed statement that Nvidia is “happy to answer any questions regulators may have about our business.” In its most recent earnings release, Nvidia posted revenue of $35.08 billion, up 94% from $18.12 billion a year ago. Nvidia earned $19.31 billion in the quarter, more than double the $9.24 billion it posted in last year’s third quarter. The earnings release did not break out revenue from China. The company's market value rocketed to $3.5 trillion recently, passing Microsoft and briefly overtaking Apple as the world's most valuable company. China’s antitrust investigation follows a report this summer by technology news site The Information that the U.S. Justice Department was investigating complaints from rivals that Nvidia was abusing its market dominance in the chip sector. The allegations reported include Nvidia threatening to punish those who buy products from both itself and its competitors at the same time. David Bieri, an international finance expert at Virginia Tech, said that China’s investigation is “not about what Nvidia is doing in China, per se” but rather a signal to the incoming Trump administration. China, Bieri said, is looking to set the tone of future relations. The Chinese government, he said, is telling the U.S. “don’t mess with us, because all of your darling corporations that your version of capitalism needs to prosper have entanglements” with China. Nvidia will have to revise its strategy in China or come up with provisions in their budgets for the type of uncertainty business with China will bring, Bieri said. “I don’t think this is something that they can shake off,” he said. “I also have a tremendous amount of faith in the brilliance of the management strategy of a corporation like Nvidia to not only pay attention to credit risk, market risk and operational risk, but also to political risk.” Nvidia’s invention of graphics processor chips, or GPUs, in 1999 helped spark the growth of the PC gaming market and redefined computer graphics. Last month, it replaced Intel on the Dow Jones Industrial Average, ending the pioneering semiconductor company's 25-year run on the index. Unlike Intel, Nvidia designs but doesn’t manufacture its own chips, relying heavily on Taiwan Semiconductor Manufacturing Co., an Intel rival. ___ Associated Press Technology Writer Sarah Parvini in Los Angeles contributed to this report. To remove this article -DeFi Project NebulaStride (NST) Unveils Presale And Growth Plansonline slots game real money



Raptors welcome the imminent return of Cowboy Bruce Brown. But first, some fashion advice for Scottie Barnes

COLUMBUS, Ohio (AP) — Will Howard passed for two touchdowns and rushed for another, TreVeyon Henderson ran for a score and No. 2 Ohio State beat previously undefeated No. 5 Indiana 38-15 on Saturday. All Ohio State (10-1, 7-1 Big Ten, CFP No. 2) has to do now is beat Michigan at home next Saturday and it will earn a return to the Big Ten championship game for the first time since 2020 and get a rematch with No. 1 Oregon. The Ducks beat Ohio State 32-31 in a wild one back on Oct. 12. The Hoosiers (10-1, 7-1, No. 5 CFP) had their best chance to beat the Buckeyes for the first time since 1988 but were hurt by special teams mistakes and disrupted by an Ohio State defense that sacked quarterback Kurtis Rourke five times. “In life, all good things come to an end,” Indiana coach Curt Cignetti said. Late in the first half, Indiana punter James Evans fumbled a snap and was buried at his own 7-yardline with the Buckeyes taking over. That turned quickly into a 4-yard TD run by Henderson that gave the Buckeyes a 14-7 lead. Early in the second half, Caleb Downs fielded an Evans punt at the Ohio State 21, raced down the right sideline, cut to the middle and outran the coverage for a TD that put the Buckeyes up 21-7. It was the first time a Buckeye returned a punt for a touchdown since 2014. Howard finished 22 for 26 for 201 yards. Emeka Egbuka had seven catches for 80 yards and a TD. “Our guys just played with a chip today, and that’s the way you got to play the game of football,” Ohio State coach Ryan Day said. Indiana scored on its first possession of the game and its last, both short runs by Ty Son Lawson, who paced the Hoosiers with 79 rushing yards. Rourke was 8 for 18 for 68 yards. “We had communication errors, pass (protection), every time we dropped back to pass, something bad happened," Cignetti said. Indiana's 151 total yards was its lowest of the season. And it was the most points surrendered by the Hoosier's defense. The takeaway Indiana: Its special season was blemished by the Buckeyes, who beat the Hoosiers for the 30th straight time. Indiana was eyeing its first conference crown since sharing one with two other teams in 1967. That won't happen now. “Ohio State deserved to win,” Cignetti said. “They had those (third quarter scores), and we just couldn’t respond.” Ohio State: Didn't waste the opportunities presented by the Hoosiers when they got sloppy. The Buckeyes led 14-7 at the break and took control in the second half. An offensive line patched together because of multiple injuries performed surprisingly well. “We know what was at stake," Day said. “We don't win this game, and we have no chance to go to Indianapolis and play in the Big Ten championship. And that's real. We've had that approach for the last few weeks now, more than that.” Poll implications Some voters were obviously unsure of Indiana because it hadn't played a nationally ranked team before Ohio State. After this one, the Hoosiers will drop. All about Will Howard made history by completing 80% of his passes for the sixth time this season. No other Ohio State quarterback has done that. He completed his first 14 passes in a row and finished with a 85% completion rate. “I think Buckeye nation is now seeing, after 11 games, that this guy is a winner, he's tough, he cares about his teammates, he's a leader,” Day said. Up next Indiana hosts Purdue in the regular-season finale next Saturday. Ohio State hosts rival Michigan on Saturday. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballA characteristic of a Filipino wake is the prolonged waiting period for relatives living overseas. They regale us with stories, alternating between descriptions of the good life overseas with the usual litany of complaints about local conditions, traffic, pollution, non-existent health care, and social services to name a few. At one recent wake, the conversations inevitably took us to Trump’s election, some of the US-based Filipinos admitting they supported Trump and his plans for mass deportation of illegal immigrants. But the consensus, always, is that it’s still better to take a chance, “migrate by hook or by crook,” even when Trump becomes president. When expatriates share their impressions about other Filipinos wanting to migrate, I give the usual reply about financial needs, even while knowing that more and more applicants come from upper-income families (which is why they are so impressive with job and embassy interviews for visas). Then again, the good life is defined by colonial mentality and consumerism, and never mind that all the coveted goods from heaven, are readily available in the Philippines if you have the money. Lately, I’ve thought hard about still another reason why Filipinos leave and this came as I was doing an early morning read about research on horseshoe crabs, of all animals. The article described the work of a Bangladeshi marine biologist specializing in horseshoe crabs, which are among the planet’s oldest living fossils, having been around for nearly 500 million years, antedating even the dinosaurs. Despite the many environmental conditions that endanger horseshoe crabs, they’ve survived and are now being studied because they may offer clues on how humans might be able to improve our fighting chances to survive the climate crisis. A documentary accompanying the article summarized it as “migrate, adapt, survive.” It seems that the hermit crab as well as many other animal species, increase their survival chances by migrating to more challenging environments, where they adapt. Humans, too, migrate, adapt, and survive but in conditions that may be even more hazardous than what animals go through: for example, long desert treks and perilous sea voyages. Filipinos are so much more fortunate, most smuggling themselves into another country on a jet plane. TNT means tourist nang tourist, crossing borders, and reentering the target country endlessly as a tourist, getting a visa upon arrival. Despite leaving on a jet plane, Filipino migration seems to be increasingly spurred not so much by dreams than by despair, gnawing at our psyche daily, everywhere, because it’s become so pervasive. We do hope that in a less corrupt country, we may have some kind of fighting chance. It’s worse for older Filipinos like myself, who have seen so much corruption through the years; reaching the point where it’s hard to think of a government agency that is untouched by corruption. We’re helpless, too, even with all the assistance desks offered in government agencies because we don’t know how far up in the bureaucracy the rot has reached. When I was young, as an activist, I would argue with elders that it’s the system that creates corruption, mainly because of low wages for government workers. I no longer believe that government salaries for many professionals have increased to the point where Filipinos are choosing to work in the public sector because wages and benefits are better. This is especially the case for education and health. Besides better wages and benefits, the government continues to offer opportunities for more income through “rackets,” for example, field trips in public schools. The worst of the worst are the bids and contracts with substandard deliveries, from infrastructure down to medical supplies, textbooks, and IDs. Again, all that citizens ask for is a fighting chance, a level playing field. The rationalizations in government worry me because they run parallel now, in private institutions, where employees also point to their paltry wages as reasons to take “commissions,” to pad or fabricate receipts for reimbursements, or use one of hundreds of other innovative “income-generating” gimmicks. In fact, as someone who now helps out in the private sector, I get to whine about how much more corrupt private companies be compared to the government. The difference is that government corruption, which is stealing our money in the first place, has become much more serious in the amounts of money involved, so brazen in the use of computerized systems to steal by creating new problems that need “fixing.” Because humans have brains to think and to rationalize, we should be more adept with migration, but the Philippine experience shows us that even migration’s fighting chances have been tainted. In the end, we will destroy each other with our deviousness and greed. —————- Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . [email protected]

LOUISVILLE, Ky. (AP) — Pittsburgh quarterback Eli Holstein was carted off the field and taken to a hospital with a left leg injury sustained while being sacked in the first quarter of Saturday's Atlantic Coast Conference game at Louisville. The redshirt freshman's left ankle was caught at an awkward angle beneath Louisville defensive end Ashton Gillotte's hip on a twisting tackle for a 4-yard loss at midfield. Panthers medical personnel rushed to Holstein's aid, with a cart arriving quickly on the field within minutes. Holstein’s leg was placed in a boot before he was helped onto the cart. He gave a thumbs-up to nearby teammates as he left the field to applause before being taken a hospital. Holstein started for the Panthers (7-3, 3-3 ACC) after missing last week’s 24-20 home loss to No. 17 Clemson with a head injury sustained in the previous game against Virginia while sliding at the end of a run. He left an Oct. 24 game against Syracuse after taking a hit, but returned against SMU the following week. Holstein completed 3 of 4 passes for 51 yards before being intercepted in the end zone by Louisville's Stanquan Clark on the game-opening possession. He was relieved by junior Nate Yarnell. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballDerrick White said the Celtics are in the ‘toughest stretch’ since he’s been on the team

SYRACUSE (AP) — Kyle McCord threw for a career-high 470 yards with two touchdowns to lead Syracuse to a 31-24 win over UConn on Saturday. The win gives the Orange (8-3) their first eight-win regular season since 2018, and third since 2000. “We knew they would play all the way through the fourth quarter, and we thought it’d be a fourth-quarter game,” Syracuse coach Fran Brown said. “So, it’s just what we talked about the entire week and we didn’t take it lightly.” McCord completed 37-of-47 passes for his first 400-yard game this season. He opened the game with a 77-yard touchdown drive, spanning two plays in 50 seconds. The touchdown came on a 22-yard pass to Oronde Gadsden. McCord broke Syracuse’s all-time record for single-season passing yards with 4:12 remaining in the first half. He needed 273 yards to pass Nassib, and finished the game against the Huskies with 3,946 passing yards. The former quarterback set his record in 2012, recording 3,749 passing yards during his senior year. McCord also tied Nassib’s record for single-season touchdown passes with 26, with his second touchdown pass on the same play as the yardage record. “I got a standard of what the quarterback needs to look like being here,” Brown said. "Not necessarily statistically and all those things, because that’s hard, but just in reference to how you prepare.” The Orange missed two field goals and had two touchdowns called back that allowed the Huskies offense a chance to tie the game in the fourth quarter. After a 2-yard passing touchdown by quarterback Joe Fagnano left UConn trailing back one score, Syracuse recovered the Huskies’ onside kick attempt to end the game. UConn (7-4) will finish its season without a Power Four win after staying within two touchdowns of the Orange for all 60 minutes. The Huskies have ended each of their four Power Four games within one score of their opponent. “They’re disappointed as hell, and they should be,” UConn coach Jim Mora said. “But we have to get over that, and we have to figure out what we can do better and apply those lessons going forward and prepare to get a win next week.” Cam Edwards led UConn on the ground with 87 rushing yards, including a 71-yard touchdown dash in the first quarter. Fagnano finished the game with 228 passing yards and two touchdowns. UConn: Linebacker Jayden McDonald recorded a second-best 12 tackles, including a sack and tackle-for-loss. McDonald was the one of three Huskies to reach McCord for a sack. Syracuse: Eight receivers caught passes, with three recording over 100 yards each. Wide receivers Darrell Gill Jr. (177 yards) and Jackson Meeks (110) and tight end Oronde Gadsden (103 and a touchdown) combined for 390 receiving yards. Syracuse had 540 total yards to UConn’s 352. UConn’s offense was 5-of-15 on third down conversions against the Orange defense. The Huskies didn’t get their first third down conversion until the second quarter, after the Orange had already taken a 14-7 lead. McCord faces off against Miami’s Cameron Ward for Syracuse’s final game of the regular season. They are the two leading passers in FBS and sit atop the ACC in total offense. UConn: Visits Massachusetts on Saturday Syracuse: Hosts No. 11 Miami on SaturdayOfficer kills pet dog mistaken for a coyote in Massachusetts town. The owner says it was unnecessary An animal control officer shot and killed a pet dog in a Massachusetts town after mistaking it for a coyote in an incident local police are describing as a sad mix-up. Police in Northbridge, Massachusetts, say the shooting happened on Tuesday after police received a call of a report of a coyote in a residential backyard. Police say the animal control officer went into the woods to look for the coyote and found what they thought was the animal in a threatening position and shot it. The incident happened as communities around Massachusetts and the country have dealt with an uptick in interactions between coyotes and people. Alyssa Nakken, first full-time female coach in MLB history, leaving Giants to join Guardians CLEVELAND (AP) — Alyssa Nakken, the first woman to coach in an MLB game, is leaving the San Francisco Giants to join the Cleveland Guardians. Nakken made history in 2022 when she took over as first-base coach following an ejection. A former college softball star at Sacramento State, Nakken joined the Giants in 2014 and was promoted to a spot on manager Gabe Kapler’s staff in 2020, becoming the majors’ first full-time female coach. Nakken has been hired as an assistant director within player development for the Guardians, who won the AL Central last season under first-year manager Stephen Vogt. Nakken, 34, will work with former Giants coaches Craig Albernaz and Kai Correa. Kendrick Lamar surprises with new album 'GNX' LOS ANGELES (AP) — Kendrick Lamar gave music listeners an early holiday present with a new album. The Grammy winner released his sixth studio album “GNX” on Friday. The 12-track project is the rapper’s first release since 2022’s “Mr. Morale & The Big Steppers.” Lamar’s new album comes just months after his rap battle with Drake. The rap megastar will headline February's Apple Music Super Bowl Halftime Show in New Orleans. The 37-year-old has experienced massive success since his debut album “good kid, m.A.A.d city” in 2012. Since then, he’s accumulated 17 Grammy wins and became the first non-classical, non-jazz musician to win a Pulitzer Prize. NBA memo to players urges increased vigilance regarding home security following break-ins MIAMI (AP) — The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce. In a memo sent to team officials, a copy of which was obtained by The Associated Press, the NBA revealed that the FBI has connected some burglaries to “transnational South American Theft Groups” that are “reportedly well-organized, sophisticated rings that incorporate advanced techniques and technologies, including pre-surveillance, drones, and signal jamming devices.” Ancient meets modern as a new subway in Greece showcases archaeological treasures THESSALONIKI, Greece (AP) — Thessaloniki, Greece’s second-largest city, is opening a new subway system, blending ancient archaeological treasures with modern transit technology like driverless trains and platform screen doors. The project, which began in 2003, uncovered over 300,000 artifacts, including a Roman-era thoroughfare and Byzantine relics, many of which are now displayed in its 13 stations. Despite delays caused by preserving these findings, the inaugural line has been completed, with a second line set to open next year. Conor McGregor must pay $250K to woman who says he raped her, civil jury rules LONDON (AP) — A civil jury in Ireland has awarded more than $250,000 to a woman who says she was raped by mixed martial arts fighter Conor McGregor in a Dublin hotel penthouse after a night of heavy partying. The jury on Friday awarded Nikita Hand in her lawsuit that claimed McGregor “brutally raped and battered” her in 2018. The lawsuit says the assault left her heavily bruised and suffering from post-traumatic stress disorder. McGregor testified that he never forced her to do anything and that Hand fabricated her allegations after the two had consensual sex. McGregor says he will appeal the verdict. At least 19 people are sick in Minnesota from ground beef tied to E. coli recall U.S. health officials say at least 19 people in Minnesota have been sickened by E. coli poisoning tied to a national recall of more than 167,000 pounds of potentially tainted ground beef. Detroit-based Wolverine Packing Co. recalled the meat sent to restaurants nationwide. Minnesota state agriculture officials reported multiple illnesses and found that a sample of the product tested positive for E. coli, which can cause life-threatening infections. No illnesses have been reported outside of Minnesota. Symptoms of E. coli poisoning include fever, vomiting, diarrhea and signs of dehydration. Actor Jonathan Majors’ ex-girlfriend drops assault and defamation lawsuit against once-rising star NEW YORK (AP) — Jonathan Majors’ ex-girlfriend has dropped her assault and defamation lawsuit against the once-rising Hollywood star after reaching a settlement. Lawyers for Majors and Grace Jabbari agreed to dismiss the case with prejudice Thursday. Jabbari is a British dancer who had accused Majors of subjecting her to escalating incidents of physical and verbal abuse during their relationship. Representatives for Majors didn’t respond to emails seeking comment Friday. Jabbari’s lawyer said the suit was “favorably settled” and her client is moving on with “her head held high.” Majors was convicted of misdemeanor assault and harassment last December and sentenced to a yearlong counseling program. Hyundai, Kia recall over 208,000 electric vehicles to fix problem that can cause loss of power DETROIT (AP) — Hyundai and Kia are recalling over 208,000 electric vehicles to fix a pesky problem that can cause loss of drive power, increasing the risk of a crash. The recalls cover more than 145,000 Hyundai and Genesis vehicles including the 2022 through 2024 Ioniq 5, the 2023 through 2025 Ioniq 6, GV60 and GV70, and the 2023 and 2024 G80. Also included are nearly 63,000 Kia EV 6 vehicles from 2022 through 2024. The affiliated Korean automakers say in government documents that a transistor in a charging control unit can be damaged and stop charging the 12-volt battery. Dealers will inspect and replace the control unit and a fuse if needed. They also will update software. Christmas TV movies are in their Taylor Swift era, with two Swift-inspired films airing this year Two of the new holiday movies coming to TV this season have a Taylor Swift connection that her fans would have no problem decoding. “Christmas in the Spotlight” debuts Saturday on Lifetime. It stars Jessica Lord as the world’s biggest pop star and Laith Wallschleger, playing a pro football player, who meet and fall in love, not unlike Swift and her boyfriend, Kansas City Chiefs tight end Travis Kelce. On Nov. 30, Hallmark will air “Holiday Touchdown: A Chiefs Love Story.” Instead of a nod to Swift, it’s an ode to family traditions and bonding, like rooting for a sports team. Hallmark’s headquarters is also in Kansas City.

Addressing housing crisis requires action by all levels of government and community partners: United Way Peterborough & District

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