Nvidia will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China and other destinations. READ FULL ARTICLE
Meta CEO Mark Zuckerberg considered spinning out Instagram in 2018, according to an email presented Tuesday in the FTC’s antitrust trial against the company. READ FULL ARTICLE
Amazon asked third-party sellers how the “current U.S. tariff situation” has affected sourcing and pricing, logistics and plans to ship goods into warehouses. READ FULL ARTICLE
As China imposes rare earths export controls, the U.S. is unable to make up the shortfall, according to the Center for Strategic and International Studies. READ FULL ARTICLE
Dutch digital bank Bunq said Tuesday that it’s applied for a broker-dealer license, in an initial step toward securing a full banking license. READ FULL ARTICLE
The U.S. Commerce Department is conducting an investigation into imports of various semiconductor technologies and electronics, a federal notice shows. READ FULL ARTICLE
Synthesia told CNBC that Adobe’s venture capital arm injected an undisclosed amount of funds into the firm in a “strategic” partnership. READ FULL ARTICLE