Opinion: This record number in Nvidia earnings is a scary sight

Opinion: This record number in Nvidia earnings is a scary sight

Nvidia Corp.’s financial results had a bit of a surprise for investors, and not on the good side — product inventories doubled to a record high as the chip company gears up for a questionable holiday season. Nvidia reported fiscal third-quarter revenue that was slightly better than analysts’ reduced expectations Wednesday, but the numbers weren’t … Read more

China Agrees to Approve BioNTech’s Covid-19 Vaccine for Foreigners, German Chancellor Says

China Agrees to Approve BioNTech’s Covid-19 Vaccine for Foreigners, German Chancellor Says

SINGAPORE—China agreed to approve BioNTech SE’s Covid-19 vaccines for foreign residents, German Chancellor Olaf Scholz said in Beijing Friday, in what would mark the first approval of an mRNA vaccine for Covid-19 for use in China. Mr. Scholz and Chinese leader Xi Jinping also discussed a pathway for approving the BioNTech vaccine for the broader … Read more

TikTok Parent ByteDance Plans Music-Streaming Expansion

TikTok Parent ByteDance Plans Music-Streaming Expansion

TikTok parent ByteDance Ltd. has begun talks with music labels about expanding its music-streaming service globally to compete with industry leaders including Spotify Technology SA, according to people with the discussions. Significant hurdles remain in the negotiations, the people said, but ByteDance wants the service to eventually be integrated within TikTok and to serve as … Read more

US Postal Service proposes new prices ‘to offset’ inflation

US Postal Service proposes new prices ‘to offset’ inflation

CNN  —  The US Postal Service on Friday proposed increased prices “to offset the rise in inflation,” according to a statement from the agency. The price hikes, which have been approved by the Governors of the U.S. Postal Service, include a three-cent increase to purchase a stamp and a four-cent increase to mail a postcard. … Read more

Elon Musk Unveils Prototype of Humanoid Robot Optimus, Says It Will Cost Less Than a Car

Elon Musk Unveils Prototype of Humanoid Robot Optimus, Says It Will Cost Less Than a Car

Mr. Musk first laid out the vision for the robot, called Optimus, a little more than a year ago at Tesla’s first-ever AI day. At the time, a dancer in a costume appeared onstage. This time, Mr. Musk presented a prototype at the gathering that unfolded late Friday in Palo Alto, Calif. The early prototype, … Read more

Los Angeles Toy Company launches World’s First Customized Subscription Box | News

Los Angeles Toy Company launches World’s First Customized Subscription Box | News

LOS ANGELES, Sept. 29, 2022 (GLOBE NEWSWIRE) — Adventuretown Toy Emporium was busy during the pandemic creating a new product that will help parents keep their child developmentally on track. “In August of 2020 when the 2nd Covid wave hit, I realized that this pandemic wasn’t going to go away any time soon and that … Read more

Los Angeles Toy Company launches World’s First Customized

Los Angeles Toy Company launches World’s First Customized

LOS ANGELES, Sept. 29, 2022 (GLOBE NEWSWIRE) — Adventuretown Toy Emporium was busy during the pandemic creating a new product that will help parents keep their child developmentally on track. “In August of 2020 when the 2nd Covid wave hit, I realized that this pandemic wasn’t going to go away any time soon and that … Read more

‘Moore’s Law’s dead,’ Nvidia CEO Jensen Huang says in justifying gaming-card price hike

‘Moore’s Law’s dead,’ Nvidia CEO Jensen Huang says in justifying gaming-card price hike

Nvidia Corp. Chief Executive Jensen Huang on Wednesday said he thinks it’s going to be “a pretty terrific Q4 for Ada,” the company’s next-generation chip architecture unveiled this week, even as critics balk of a price hike during a softening in consumer demand. Nvidia NVDA, +0.65% expects high demand for gaming chips using its next-generation … Read more

Why Adobe Wants Figma and Why Some Investors Are Worried

Why Adobe Wants Figma and Why Some Investors Are Worried

Adobe Inc., the low-key maker of digital tools to create PDFs and edit photos, pleased investors by reinventing itself as a subscription-software business. Its latest effort to keep pace with the times isn’t landing so well. Adobe this past week unveiled its largest-ever acquisition, agreeing to buy Figma, a little-known software startup that specializes in … Read more

Abbott Faces Competition From Heart Valve Device Cleared by FDA

Abbott Faces Competition From Heart Valve Device Cleared by FDA

A new heart valve repair device from Edwards Lifesciences Corp. was as effective as the market-leading device from Abbott Laboratories in a clinical study of heart-disease patients, a finding likely to intensify competition in a growing device market. Edwards said Thursday that its new product, known as Pascal Precision, had been approved by the U.S. … Read more