Nvidia orders 300,000 H20 chips from TSMC due to robust China demand

[ad_1] Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week, two sources said, with one of them adding that strong Chinese demand had led the U.S. firm to change its mind about just relying on its existing stockpile. The Trump administration this month allowed Nvidia to resume sales of H20 graphics […]

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No plans to get Big Tech to pay digital law compliance costs, EU tech chief says

[ad_1] The European Commission will not ask Alphabet, Amazon, Apple , ByteDance, Meta Platforms and Microsoft to pay the cost of monitoring their compliance with a new digital law, the EU tech chief said on Wednesday. Germany and European Parliament lawmakers have lobbied for a supervisory fee to be levied on Big Tech to help […]

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Trump says would extend TikTok deadline if no deal reached by June 19

[ad_1] U.S. President Donald Trump said he would extend the June 19 deadline for China-based ByteDance to divest the U.S. assets of TikTok, the short video app used by 170 million Americans, if no deal had been reached by then. “I would … I’d like to see it done,” Trump told the NBC News program […]

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Nvidia is working on China-tailored chips again after US export ban

[ad_1] Nvidia has told some of its biggest Chinese customers that it is tweaking the design of its artificial intelligence chips so they can be sold to Chinese businesses without clashing with U.S. export rules, The Information reported on Friday. The chip giant has spoken with customers, including Alibaba Group, TikTok-parent ByteDance and Tencent Holdings […]

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TikTok fined $600 million for China data transfers that broke EU privacy rules

[ad_1] A European Union privacy watchdog fined TikTok 530 million euros ($600 million) on Friday after a four-year investigation found that the video sharing app’s data transfers to China put users at risk of spying, in breach of strict EU data privacy rules. Ireland’s Data Protection Commission also sanctioned TikTok for not being transparent with […]

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ByteDance plans music-streaming expansion to take on Spotify – WSJ

[ad_1] China’s ByteDance Ltd is in talks with music labels for expanding its music-streaming service globally to compete with industry leaders such as Spotify Technology SA, the Wall Street Journal reported on Wednesday. The TikTok parent plans to eventually integrate music streaming within its short-video service and scale it to serve as a major platform […]

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TikTok deal remains elusive as Biden administration works to solve data concerns

[ad_1] The Biden administration and TikTok are working on an agreement that would let the video-sharing site keep operating in the US, but negotiations have stalled over concerns that the company’s Chinese ownership poses a national security threat, people with knowledge of the matter said. Once reached, the agreement would allow the platform to continue […]

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Instagram’s Mosseri says videos will dominate the platform

[ad_1] The photo and video hosting social media platform has been facing flak for becoming too similar to TikTok The photo and video hosting social media platform has been facing flak for becoming too similar to TikTok After the photo and reel sharing social media platform Instagram introduced several updates, company head Adam Mosseri posted […]

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TikTok’s global security chief to step down

[ad_1] Roland Cloutier said his move followed recent changes to the security teams at the video-sharing app Roland Cloutier said his move followed recent changes to the security teams at the video-sharing app TikTok’s global chief security officer Roland Cloutier, who oversees cyber security, is stepping down from his role but will stay at the […]

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