PRESS DIGEST- Wall Avenue Journal


Oct 31 (Reuters) – Following are the highest tales within the Wall Avenue Journal. Reuters has not verified these tales and doesn’t vouch for his or her accuracy.

– New U.S. export controls could compel artificial-intelligence big Nvidia to cancel billions of {dollars} in next-year orders for its superior chips to China, a transfer that might deprive Chinese language tech corporations of essential AI assets.

– X Corp instructed staff that it’s price roughly $19 billion, displaying the worth of Elon Musk’s social-media platform stays far under its acquisition value a yr in the past as Musk has rolled out a raft of modifications.

– The Biden administration invoked emergency federal powers to claim oversight of highly effective new synthetic intelligence methods, a part of a brand new govt order geared toward reining within the dangers of the disruptive know-how.

– Basic Motors and the United Auto Staff (UAW) struck a tentative deal on Monday, placing an finish to a strike that has spanned greater than six weeks on the Detroit Three automakers.

– The U.S. Securities and Trade Fee on Monday sued SolarWinds Corp, alleging the agency defrauded shareholders by repeatedly deceptive them about its cyber vulnerabilities and the flexibility of attackers to penetrate its methods.

– Laptop elements maker Logitech Worldwide appointed Hanneke Faber as its subsequent chief govt officer, efficient Dec. 1.

(Compiled by Bengaluru newsroom)