More than 400 Chinese products will be temporarily exempted from tariffs that President Donald Trump's administration imposed last year.China Economyread more
Apple will get a taste of whether upgraded features on the new iPhone 11 are enough to lure shoppers to retail stores around the world as the new smartphones officially hit...Technologyread more
As tensions might drag over the next decade, investors have to learn to operate under prolonged uncertainty, said Warburg Pincus' Charles Kaye.World Economyread more
U.S. Vice President Mike Pence on Thursday struck an unyielding tone on America's position in its trade war with China.Delivering Alpharead more
Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.US Economyread more
Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
New research suggests fewer girls pursue careers in STEM — science, technology, engineering and math — because they're better than boys at reading.Closing The Gapread more
Stocks in Asia Pacific edged up on Friday as investors digested a series of developments overnight on the U.S.-China trade front that dampened hopes of a deal being reached...Asia Marketsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
At an event in San Francisco on Wednesday afternoon, AMD announced the launch of the second generation of its EPYC chips designed for high-performance uses like in the cloud or inside large enterprises. It's a business dominated by Intel, which controls about 98% of the market, but where AMD is looking to rapidly expand. According to a recent report from Atlantic Equities, AMD's share of the data center market should grow to 25% in a decade from 2% last year.
Google said that it's deployed the upgraded EPYC processors internally and next year will add them to its cloud engine that's used by other companies to run workloads. Twitter announced that, because of the power reductions that come with the new chips, it plans to reduce costs related to data center infrastructure by 25%.
"Twitter is committed to reducing our environmental impact of our datacenters by finding innovative ways to increase efficiency," Jennifer Fraser, senior director of engineering at Twitter, said in the press release. With the EPYC processors, "we can scale out our compute clusters with more cores in less space using less power," she said.
Other companies that say they're using AMD's new processors or offering them to customers include Microsoft, which is previewing the chips in some of its Azure cloud offerings, Hewlett Packard Enterprise, Lenovo and Dell.
AMD shares closed at $33.92 on Thursday and are up 84% this year, while Intel shares are virtually flat. However, in the chipmaker's latest earnings release last month, it reported a 13% decline in revenue from the prior year and lowered its full-year forecast, in part because of a slide in demand for processors used in gaming consoles. The stock dropped 10% on the report.