Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. In a brief news release with few details, Chinese regulators appear to be focusing on Nvidia’s $6.9 billion acquisition of network and data transmission company Mellanox in 2019. Nvidia shares about 3% Monday. They are still up 179% so far this year. Considered a bellwether for artificial intelligence demand, Nvidia has led the AI sector to become one of the stock market’s biggest companies, as tech giants spend heavily on the company’s chips and data centers needed to train and operate their AI systems. Nvidia’s shares have surged this year along with the California company’s revenue and profit due to AI demand. According to data firm FactSet, about 16% of Nvidia’s revenue comes from China, second only to its U.S.-generated revenue. A spokesperson for the company based in Santa Clara, California, said in an emailed statement that Nvidia is “happy to answer any questions regulators may have about our business.” In its most recent earnings release, Nvidia posted revenue of $35.08 billion, up 94% from $18.12 billion a year ago. Nvidia earned $19.31 billion in the quarter, more than double the $9.24 billion it posted in last year’s third quarter. The earnings release did not break out revenue from China. The company’s market value rocketed to $3.5 trillion recently, passing Microsoft and briefly overtaking Apple as the world’s most valuable company. China’s antitrust investigation follows a report this summer by technology news site The Information that the U.S. Justice Department was investigating complaints from rivals that Nvidia was abusing its market dominance in the chip sector. The allegations reported include Nvidia threatening to punish those who buy products from both itself and its competitors at the same time. David Bieri, an international finance expert at Virginia Tech, said that China’s investigation is “not about what Nvidia is doing in China, per se” but rather a signal to the incoming Trump administration. China, Bieri said, is looking to set the tone of future relations. The Chinese government, he said, is telling the U.S. “don’t mess with us, because all of your darling corporations that your version of capitalism needs to prosper have entanglements” with China. Nvidia will have to revise its strategy in China or come up with provisions in their budgets for the type of uncertainty business with China will bring, Bieri said. “I don’t think this is something that they can shake off,” he said. “I also have a tremendous amount of faith in the brilliance of the management strategy of a corporation like Nvidia to not only pay attention to credit risk, market risk and operational risk, but also to political risk.” Nvidia’s invention of graphics processor chips, or GPUs, in 1999 helped spark the growth of the PC gaming market and redefined computer graphics. Last month, it replaced Intel on the Dow Jones Industrial Average, ending the pioneering semiconductor company’s 25-year run on the index. Unlike Intel, Nvidia designs but doesn’t manufacture its own chips, relying heavily on Taiwan Semiconductor Manufacturing Co., an Intel rival. ___ Associated Press Technology Writer Sarah Parvini in Los Angeles contributed to this report. Southern California's notorious Santa Ana winds were predicted to return Shares of Nvidia fell Monday after China said it is The nominations for the Golden Globe Awards are a starry He’s one of the most famous corporate leaders in thejilibay apk 。

EAST RUTHERFORD, N.J. (AP) — Drew Lock is likely going to start at quarterback for the New York Giants against the Indianapolis Colts on Sunday when they try to end a franchise-record 10-game losing streak. Lock started against Atlanta last weekend and his status became an issue after the 34-7 loss when coach Brian Daboll said the 28-year-old was having an issue with his right shoulder. An MRI was done Monday and Daboll announced Tuesday that Lock would be his starter if he stayed healthy. “It came back good so rocking and rolling,” Lock said, noting he was hurt on a third down pass to Daniel Bellinger in the first quarter when Falcons linebacker Matthew Judon pulled his arm on the play. He finished the game. There were questions whether Daboll would switch back to Tommy DeVito after Lock threw two pick-6s and lost a fumble on a strip-sack against the Falcons. Lock has had three interceptions returned for scores in three starts this season, including two on tipped passes. Daboll said it was important to give Lock a couple of starts in which he was able to get all the reps in practice. “Knowing what we did the week before, take the things we need to get better at into this week and actually be able to go out there and do it is something I’m looking forward to,” Lock said. “Similar cadences with the guys, being in the huddle together. I think it can only be a positive for such a roller coaster out of that spot.” The one thing that might change this week is the Giants center. John Michael Schmitz has an ankle injury and he did not practice Tuesday. He left the locker room with a boot on his right foot. New York has moved veteran guard Greg Van Roten to center when Schmitz was hurt and Lock also worked with guard Austin Schlottmann as his center while playing in Denver. “I’m pretty familiar with all the guys that are rotating in there,” Lock said. The Giants have the NFL's worst scoring offense, averaging 14.3 points. They benched Daniel Jones coming out of their bye week and days later released him after he requested it. DeVito has started two games and Lock three since Jones was released. New York has scored 59 points in those games, with 20 coming against Dallas in a seven-point loss on Thanksgiving. Running back Tyrone Tracy (ankle), wide receiver Malik Nabers (knee-foot), cornerback Greg Stroman (shoulder-shin), defensive tackle Cory Durden (shoulder), inside linebacker Micah McFadden (neck) and cornerback Dru Phillips (shoulder) also did not practice on Tuesday, which is usually a day off. The team will have off on Christmas Day and return to practice on Thursday. The Giants opened practice on Tuesday with the song “It’s the Most Wonderful Time of the Year” blaring on the loudspeakers in their indoor practice facility. Jones, who is on the Minnesota Vikings practice squad, sent the Giants offensive linemen Christmas gifts. “DJ comes in, saves me and Tommy once again, and then takes care of the guys,” Lock said. “I expected nothing less from the guy. That’s just who he is, and cares about these guys still.” AP NFL: https://apnews.com/hub/nflBy HALELUYA HADERO, Associated Press President-elect Donald Trump asked the Supreme Court on Friday to pause the potential TikTok ban from going into effect until his administration can pursue a “political resolution” to the issue. The request came as TikTok and the Biden administration filed opposing briefs to the court, in which the company argued the court should strike down a law that could ban the platform by Jan. 19 while the government emphasized its position that the statute is needed to eliminate a national security risk. “President Trump takes no position on the underlying merits of this dispute. Instead, he respectfully requests that the Court consider staying the Act’s deadline for divestment of January 19, 2025, while it considers the merits of this case,” said Trump’s amicus brief, which supported neither party in the case. The filings come ahead of oral arguments scheduled for Jan. 10 on whether the law, which requires TikTok to divest from its China-based parent company or face a ban, unlawfully restricts speech in violation of the First Amendment. Earlier this month, a panel of three federal judges on the U.S. Court of Appeals for the District of Columbia Circuit unanimously upheld the statute , leading TikTok to appeal the case to the Supreme Court. The brief from Trump said he opposes banning TikTok at this junction and “seeks the ability to resolve the issues at hand through political means once he takes office.”

President-elect Donald Trump has filed a request with the U.S. Supreme Court to pause the enforcement of a law that could lead to a ban on the social media platform TikTok in the United States. In a 25-page amicus brief, Trump asked the justices to delay the January 19 deadline, the day before Inauguration, to allow his administration to negotiate a resolution and avoid the need for a ruling. Newsweek reached out to the Trump transition team for comment on Friday evening. The Context Lawmakers and intelligence officials warn that ByteDance, TikTok's parent company, could exploit its ties to the Chinese government to collect sensitive data from 170 million U.S. users or manipulate public opinion through the app's algorithms. A bipartisan law requires ByteDance to sell its U.S. operations by January 19 or face a nationwide ban. Supporters argue the law addresses risks from foreign influence, while critics say it infringes on free speech and overlooks alternatives like stricter data regulation. What to Know Trump's stance on TikTok has evolved significantly. During his first term, he supported banning the platform but reversed course during his recent campaign, praising TikTok for engaging young voters. He now pledges to "save TikTok," describing it as an essential tool for free expression. In a legal brief, Trump's team emphasized his intent to resolve the issue through negotiation after taking office on January 20. His lawyer, D. John Sauer, argued, "President Trump alone possesses the consummate dealmaking expertise, the electoral mandate, and the political will to negotiate a resolution to save the platform while addressing the national security concerns expressed by the government." Meanwhile, TikTok is challenging the law that mandates its divestment or banning, arguing it violates free speech rights. "The First Amendment exists to protect free speech in the United States," TikTok's lawyers wrote, emphasizing that the platform fosters a unique online community that would be destroyed by the ban. The Justice Department, however, defends the legislation, citing national security risks linked to TikTok's Chinese ownership. Solicitor General Elizabeth Prelogar stated that ByteDance's control allows the Chinese government to collect sensitive data and potentially carry out covert influence operations through the app. TikTok's legal arguments also reference Trump's changed position, suggesting a compromise is possible once he assumes office. "President-elect Trump has expressed a willingness to negotiate a resolution that balances national security interests with preserving the First Amendment rights of Americans," the platform's filing noted. What People Are Saying President-elect Trump said during a press conference at Mar-a-Lago on Monday: "I have a warm spot in my heart for TikTok. I am confident in achieving a resolution that secures national security and preserves American rights." Elizabeth Prelogar, U.S. Solicitor General: "The law mitigates threats not by imposing any restriction on speech, but by prohibiting a foreign adversary from controlling the platform." What Happens Next The Supreme Court will hear arguments on January 10 and issue a decision before the January 19 deadline. Trump has promised to prioritize negotiations to prevent TikTok's shutdown and address security concerns through political means once he takes office. The outcome could influence future policies governing foreign-owned technology companies.

Rep. Mikie Sherrill Has Double-Digit Lead In New Jersey Gov Primary, Per Internal Poll

The Louisiana State Tigers didn't finish the season as they'd hoped. They ended with an overall record of 8-4, 5-3 in SEC games and outside the top 25 for the final College Football Playoff rankings. However, one of the program's bright spots was Garret Nussemeier, who could declare for the 2025 NFL Draft after the season. Javascript is required for you to be able to read premium content. Thanks for the feedback.