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THE TRUTH ABOUT: 8 | History Defined

ByteDance plans to sidestep U.S. sanctions by renting Nvidia GPUs in the cloud — report says it has set aside $7 billion budget

ByteDance to become one of the major renters of Nvidia's GPUs for AI in 2025 as it intends to spend some $7 billion on this, according to a report.

Tom’s Hardware

Boxing Day footfall in London drops 11% as shoppers avoid high streets

Boxing Day footfall in London has dropped as shoppers opt for online deals over traditional high street visits

Evening Standard

Five Great Reads: why humans queue, Matt Goss, and the lionisation of a murder suspect

Guardian Australia’s weekend wrap of essential reads from the past seven days, selected by Claire Keenan

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

U.S. gov't removes China's chip toolmaker AMEC from the list of 'military companies'

The U.S. government no longer considers AMEC an ally of China's military, but this will not have any impact on its daily operations.

Tom’s Hardware

Chinese GPU designers received key technologies from British company Imagination Technology: Report

Chinese owners could use technologies developed by Imagination Technologies for China's military, according to UK-China Transparency.

Tom’s Hardware

Two directors of Epic Games, Tencent resign amid antitrust investigation

The US Department of Justice says it expressed concerns directors’ positions on two company boards violated Clayton Act.

Al Jazeera

TikTok's Rise From Fun App To US Security Concern

As the US Supreme Court considers whether to uphold a law that could get TikTok banned in the United States, here is a look at the rise of the video-snippet social app.

International Business Times

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Nvidia denies cutting GPU supplies to China — chipmaker fires back at 'recent false rumors' aired on social media

Nvidia has issued a statement denying that it has cut off supplies of graphics cards to the Chinese market.

Tom’s Hardware

Xiaomi's new mini washer dryer has 20 different programmes –and it's only 18 inches tall

It's the ideal appliance for smaller living spaces

Chinese businessman shows off sanctions-busting NVIDIA AI GPUs he bought despite US ban — 200 H200 GPUs skid past US sanctions

Chinese businessman smuggles over a dozen of H200 machines with eight GPUs inside each one.

Tom’s Hardware

eBay Stock Downgraded to Sell: Should Investors Be Worried?

Jefferies lowered its rating on eBay stock due to decelerating advertising growth and increased marketing investments. Here's what you need to know.

Kiplinger

Jobs eviscerated at Chinese Arm chip design firm in wake of restrictions from TSMC — lack of access to 7nm node could cause 150 employees to be laid off

Half of Hongjun Microelectronics Technology’s 300 workers might be fired after the server CPU firm lost access to TSMC’s 7nm node.

Tom’s Hardware

China Quietly Allows Citizens to Access OnlyFans; Truth Social Still Blocked

OnlyFans, an internet subscription service allowing users to generate and get paid for their own pornography, has suddenly become accessible in China.

Latin Times

Chinese Shopping App Temu Suspended In Vietnam: State Media

Chinese shopping app Temu has been forced to suspend its services in Vietnam after it failed to register with authorities, state media said on Thursday.

International Business Times

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USA Today Sports Media Group

Hermès and Other Luxury Brands Turn to E-commerce: Taobao Operators Must Embrace Digital Transformation

Recently, Lingmao E-commerce observed that the luxury brand Hermès has launched a limited-time store on its WeChat public account to boost sales. This initiative, themed "A Tribute to the Iconic Scarf Team," features products such as watch straps ...

Benzinga

Bitfarms Provides November 2024 Production And Operations Update; 204 Total BTC Earned; 171 BTC Sold

Mining ReviewNovember mining operations generated 204 BTC compared to 236 BTC in October, reflecting a 1% increase in average operating EH and a 7% increase in Bitcoin difficulty.Key Performance

Benzinga

Black Friday, Cyber Monday Shopping Set To Break Sales Records

Retailers are expecting a record-breaking Black Friday to Cyber Monday shopping period as cash-strapped consumers are expected to shop early in the holiday season for sales promotions and savings.

Benzinga

Alibaba Vs. PDD: A Grim Showdown In Chinese E-Commerce Stocks

Alibaba and PDD have been struggling in China's e-commerce market. Alibaba's stock is down 13% and PDD's is down 20%.

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Tom’s Hardware

Chinese x86 eight-core Zhaoxin KX-7000 CPU lags behind AMD and Intel

Zhaoxin's KaiXian KX-7000/8 processor tested in various applications: still cannot compete against modern x86 processors from AMD and Intel.

Benzinga

Xiaomi Set To Challenge Qualcomm, MediaTek As It Ventures Into Chipmaking Once Again

In addition to mobile processors, Xiaomi's investment in research and development is projected to rise to 30 billion yuan in 2025, focusing on artificial intelligence and operating system enhancements.

Caixin Global

Flexible-Screen Maker Royole Goes Bankrupt

Also in today’s rundown: At least 24 Chinese mainland freshman accused of using phony test results to get into a Macao university, Hong Kong’s richest man says investment alone won’t solve city’s economic problems

Tom’s Hardware

Chinese memory makers are dumping DDR4 memory on the market for less than reused chips — undercutting South Korean rivals' pricing by 50%

To capture market share, Chinese DRAM makers offer DDR4 memory with a 50% discount.

The Guardian - UK

Asos accused of rewarding ‘spectacular failure’ as CEO gets £300k rise amid losses

Retailer’s share price has crashed amid post-Covid high street recovery and competition from Shein and others

The Independent UK

Amazon launches an online discount storefront to better compete with Shein and Temu

Amazon has launched a low-cost online storefront featuring electronics, apparel and other products priced at under $20

The Independent UK

Online retailer Temu faces European Union investigation illegal goods

Regulators are examining Temu’s ‘addictive design’ including game-like reward programs

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