Nvidia, AMD deal with U.S. govt. to share revenue from China AI chips
Aug. 11 (UPI) -- U.S. chip makers Nvidia and Advanced Micro Devices inked an "unprecedented" deal in which they will pay 15% of their sales…
Chip giants Nvidia and AMD to pay 15% of China revenue to US
Chip giants Nvidia and AMD have agreed to pay the US government 15% of their semiconductor sales in China, the BBC has been told by…
United States expects monthly tariff revenue to rise to $50bn | International Trade News
Commerce Secretary Howard Lutnick forecasts the revenue increase even as Trump announces higher pharma and semiconductor chip levies, which have yet to kick in.The United…
Disney’s streaming business keeps growing, despite theatrical losses
Continued growth in streaming subscriptions and strong domestic tourism to its theme parks propelled Walt Disney Co.’s fiscal third quarter earnings, even as its theatrical…
UCLA Unlocked: They’re sharing revenue, not details about who’s making what
So, what’d ya get?Revenue sharing payments started flowing into UCLA football players’ PayPal accounts this week, leading to the inevitable sidling up to teammates for…
NBC’s ‘Dateline’ has a live true crime show — and maybe new revenue
The victims may be dead, but NBC’s “Dateline” is going live.NBC News announced Tuesday that the cast of its popular long-running true crime newsmagazine will…
Tesla reports biggest quarterly revenue decline in more than a decade | Elon Musk News
Analysts expect a turnaround in future quarters as the automaker bets on robotaxi expansions.Tesla has reported its biggest decline in quarterly revenue in more than…
The Battery Atlanta: Next front in war between MLB owners, players
ATLANTA — In 2021, Times columnist Bill Plaschke incurred the wrath of Atlanta by blaspheming the entertainment district surrounding the Braves’ ballpark as a “sterile shopping mall.”…
USC athletics eliminates a dozen jobs amid new revenue sharing
As college athletic departments across the country brace for a new era of sharing revenue directly with their athletes, USC is eliminating a dozen jobs…
Inter Milan among the teams under strain by FIFA Club World Cup
It’s been just 18 days since Inter Milan played its last game, losing to Paris Saint-Germain in the UEFA Champions League final. But a lot…
Disney to cut hundreds of employees in latest round of layoffs
Walt Disney Co. launched another deep round of layoffs on Monday, notifying several hundred Disney employees in the U.S. and abroad that their jobs were…
Los Angeles Olympics adds Honda as founding level partner
LA28 announced Honda its automotive partner for the L.A. Olympics on Monday, securing a major founding-level partnership that will help the private organizing committee cover…
‘How does this thing not sink?’ Bob Myers questions UCLA athletics’ finances
After seeing a series of bullet-point slides and hearing a slew of buzzwords about UCLA’s athletic department finances, Bob Myers put the crisis facing his…
Apple must halt non-App Store sales commissions, judge says
Apple Inc. violated a court order requiring it to open up the App Store to third-party payment options and must stop charging commissions on purchases…
How much revenue has the US earned from Trump’s tariffs? | Explainer News
United States President Donald Trump said this month that his tariffs were bringing in $2bn a day already. The real number turned out to be…
Toll on Manhattan drivers remains in effect, despite Trump’s Easter deadline
NEW YORK — New York’s $9 congestion toll on most drivers entering the busiest part of Manhattan remained in effect Sunday, despite an Easter deadline from the…
Trump’s policies, stock market volatility leave big questions for California budget planners
SACRAMENTO — As the stock market plummeted last week, California Assembly Speaker Robert Rivas sat at his desk in the state Capitol and predicted that President Trump’s…
Internal Revenue Service agrees to send immigrant tax data to ICE for enforcement
WASHINGTON — The Internal Revenue Service has agreed to share immigrants’ tax data with Immigration and Customs Enforcement for the purpose of identifying and deporting people in…
Conan O’Brien to return as host of 2026 Oscars on ABC
After earning rave reviews for his stint hosting the Oscars earlier this month, Conan O’Brien will return to host the 2026 ceremony, the Academy of…
Layoffs hit ABC News and Disney’s entertainment TV channels
ABC News and Walt Disney Co. entertainment networks are being hit with a 6% reduction in staff amid shrinking ratings and revenues for traditional television.Workers…