AFP
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Trump says Nvidia to give US cut of China chip sales
President Donald Trump on Monday confirmed reports that semiconductor giant Nvidia would pay the United States 15 percent of its revenues from sales of certain artificial intelligence chips to China. Silicon Valley-based AMD will also pay 15 percent of revenue on Chinese sales of its MI308 chips, which it was previously barred from exporting to the country.
No bread, no fuel, no dollars: how Bolivia went from boom to bust
A bread roll has become a symbol of a severe economic crisis in Boliva that looks set to decide the outcome of the most significant elections in nearly two decades. "We can't wait for these elections to arrive in order to change this (economic) model, which has impoverished us so much," he added, without revealing how he would vote.
The shrill is gone: AOL to shut down dial-up internet
The ear-piercing beeps, squeals and buzzes of 90s-era dial-up internet will vanish from thousands of holdout American homes in September as historic provider AOL shuts down the service. "AOL routinely evaluates its products and services and has decided to discontinue dial-up internet," the pioneering internet service provider (ISP) said in a blog post.
EU clears Just Eat takeover by Dutch group Prosus
The EU on Monday conditionally approved Dutch investment group Prosus's bid to buy Just Eat Takeaway.com for 4.1 billion euros ($4.8 billion). One of Europe's most popular food delivery platforms, Just Eat Takeaway.com operates in 17 international markets.
Indonesia, Peru strike trade agreement as leaders meet
Indonesia and Peru sealed a trade agreement Monday as their leaders met in Jakarta, with Southeast Asia's biggest economy looking to make inroads into South American markets. "Normally, this agreement would have taken years, but Indonesia and Peru managed to finalise this agreement within 14 months."
Asian markets waver to start key week for trade, US data
Asian markets mostly rose Monday as investors eyed a week dominated by speculation about US inflation data and a prolonged pause for Washington's tariffs on China. With Tuesday's US-China tariff truce deadline looming, investors are bullish about the prospects of another extension.
Designer says regrets Adidas 'appropriated' Mexican footwear
US fashion designer Willy Chavarria said Saturday he regrets that sandals he created together with Adidas "appropriated" a traditional design from the southern Mexican state of Oaxaca.
New Instagram location sharing feature sparks privacy fears
Instagram users are warning about a new location sharing feature, fearing that the hugely popular app could be putting people in danger by revealing their whereabouts without their knowledge. In a TikTok video, Flanagan called Instagram's new location sharing feature "dangerous" and gave step-by-step instructions on how to make sure it is turned off.
Mexico seeks compensation from Adidas in cultural appropriation row
Mexico's government said Friday it was seeking compensation from Adidas, which is accused of cultural appropriation for bringing out sandals resembling traditional design from the southern state of Oaxaca.
AFP
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