Nvidia, MediaTek partner on connected car technology

By Joseph White DETROIT (Reuters) -Nvidia Corp and MediaTek Inc on Monday said they will collaborate on technology to power advanced vehicle infotainment systems that can stream video or games or interact with drivers using artificial intelligence. Under the agreement, announced at the Computex technology trade show in Taipei, MediaTek will integrate an Nvidia graphic…

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China urges Japan to halt export restrictions on chips

By Joe Cash and Bernard Orr BEIJING (Reuters) – Chinese Commerce Minister Wang Wentao urged Japan to halt semiconductor export controls, calling it a “wrongdoing” that “seriously violated” international economic and trade rules, a statement from his ministry said on Monday. China’s latest condemnation of the export restrictions was made during Wang’s talks with Japanese…

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AMP names Blair Vernon as CFO, dissolves Australian wealth management structure

(Reuters) – Australia’s AMP said on Monday Blair Vernon will take over from Peter Fredricson as its chief financial officer and will dissolve the structure of its local wealth management arm in a bid to simplify its operational model. Shares of the 174-year-old wealth manager traded 1.4% higher as at 0224 GMT, marking their second…

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U.S. ‘won’t tolerate’ China’s ban on Micron chips-Raimondo

By David Lawder DETROIT (Reuters) – The United States “won’t tolerate” China’s effective ban on purchases of Micron Technology memory chips and is working closely with allies to address such “economic coercion,” U.S. Commerce Secretary Gina Raimondo said on Saturday. Raimondo told a news conference after a meeting of trade ministers in the U.S.-led Indo-Pacific…

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U.S.-led Indo-Pacific talks produce deal on supply chain early warnings

By David Lawder DETROIT (Reuters) – Trade ministers of 14 countries in the U.S.-led Indo-Pacific Economic Framework (IPEF) talks “substantially completed” a deal to make supply chains more resilient and secure, the Commerce Department said on Saturday, marking the first tangible results of the year-long negotiations. U.S. Commerce Secretary Gina Raimondo told a press conference…

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China deletes 1.4 million social media posts in crack down on ‘self-media’ accounts

By Eduardo Baptista BEIJING (Reuters) – China’s cyberspace regulator said 1.4 million social media posts have been deleted following a two-month probe into alleged misinformation, illegal profiteering, and impersonation of state officials, among other “pronounced problems”. The Cyberspace Administration of China (CAC) said in a statement on Friday it had closed 67,000 social media accounts…

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China, South Korea agree to strengthen talks on chip industry – Chinese commerce ministry

BEIJING (Reuters) – China and South Korea have agreed to strengthen dialogue and cooperation on semiconductor industry supply chains, amid broader global concerns over chip supplies, sanctions and national security, China’s commerce minister said.     Wang Wentao met with South Korean Trade Minister Ahn Duk-geun on the sidelines of the Asia-Pacific Economic Cooperation (APEC) conference…

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US jury says Google owes Sonos $32.5 million in smart-speaker patent case

By Blake Brittain (Reuters) -Alphabet Inc’s Google must pay $32.5 million in damages for infringing one of smart-speaker maker Sonos Inc’s patents in its wireless audio devices, a San Francisco federal jury decided on Friday. The case is part of a sprawling intellectual property dispute between the former collaborators that includes other lawsuits in the…

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