Getty Images Listen below or on the go on Apple Podcasts and Spotify President Trump OKs export of the high-ends GPUs, says U.S gets 25% cut. (0:15) Sen. Warren blasts Paramount’s hostile Netflix bid. (1:25) Paper says binge watching hurts stock returns. (2:11) The following is an abridged transcript: President Donald Trump has signed off on Nvidia (NVDA) selling its high-end H200 GPUs to China — and says the U.S. gets a 25% cut. In a post, Trump said he told President Xi Jinping that the U.S. would ...

Streaming giant Netflix Inc.’s (NASDAQ:NFLX) $82.7 billion merger with mass media conglomerate Warner Bros Discovery Inc. (NASDAQ:WBD) is drawing sharp criticism from antitrust advocates, such as Matt Stoller of the American Economic Liberties Project, a non-profit founded to combat monopolist corporations.The Merger Will Be ‘A Disaster For America’In his newsletter on Sunday, Stoller said that the merger would hand the world's largest streaming platform control of a major film studio and one of Hollywood's ...

Roy Price, the former head of Amazon Studios and the chief executive of the studio International Art Machine, on Saturday warned that the Netflix Inc. (NASDAQ:NFLX) and Warner Bros. Discovery Inc. (NASDAQ:WBD) deal could have dire consequences for Hollywood.Reshaping HollywoodIn an opinion piece for The New York Times, Price warned that the acquisition of Warner Bros. by Netflix could significantly alter Hollywood’s landscape. The deal might not end filmmaking but could centralize the industry around Netfli ...

The reaction to Netflix Inc.'s (NASDAQ:NFLX) $82.7 billion plan to acquire Warner Bros. Discovery, Inc. (NASDAQ:WBD) erupted across Washington and Hollywood on Friday, with lawmakers, unions, producers, and industry veterans warning the merger could reshape — and possibly destabilize — the entertainment landscape.Elizabeth Warren Warns Of Higher Prices And Fewer ChoicesSen. Elizabeth Warren (D-Mass.) denounced the proposed merger, calling it an "anti-monopoly nightmare" in a series of posts on X.She argued ...

NEW YORK (AP) — Netflix's $72 billion deal to acquire Warner Bros. studio and its film and television operations drew quick reactions Friday. Film and television industry entities including guilds and the lobbying group for movie theater owners criticized the deal, warning it would harm consumers and cinema owners. In announcing the deal, Warner Bros. and Netflix executives touted the deal's benefits. Warner Bros. Discovery CEO David Zaslav said the deal “will ensure people everywhere will continue to en ...

Core Viewpoint - The chip maker is currently under investigation by China's State Administration for Market Regulation [1] Group 1 - The investigation indicates potential regulatory scrutiny in the semiconductor industry in China [1]

Core Viewpoint - Qualcomm's acquisition of Autotalks is under investigation by Chinese regulators for potential anti-monopoly violations, heightening tensions between the U.S. and China ahead of significant diplomatic meetings [1][2]. Group 1: Regulatory Actions - China's State Administration of Market Regulation (SAMR) suspects Qualcomm of violating anti-monopoly laws related to its acquisition of Autotalks, which was completed in June after over two years since the announcement [2]. - The SAMR has previously alleged that Nvidia violated anti-monopoly laws concerning its acquisition of Mellanox, indicating a pattern of scrutiny on U.S. tech firms by Chinese regulators [4]. Group 2: Market Impact - Qualcomm shares fell approximately 3% in premarket trading following the announcement of the investigation [1]. - The investigation comes at a time when U.S. tech companies are facing increased regulatory challenges in China, which could impact their market positions and operations [3]. Group 3: Broader Context - The investigation occurs against a backdrop of escalating tensions between Beijing and Washington, with key meetings between U.S. President and Chinese President expected at the Asia-Pacific Economic Cooperation forum later in October [5]. - China has also tightened export controls on rare earths, which are essential for high-tech industries, further complicating the operational landscape for U.S. tech firms [4].

Core Viewpoint - Apple has urged the European Commission to repeal or amend the Digital Markets Act (DMA), warning that failure to do so may lead to the company halting the shipment of certain products and services to the EU, which could negatively impact user experience and security [1][5]. Group 1: Impact of the Digital Markets Act - The DMA is criticized for causing delays in the launch of features such as live translation through AirPods and screen mirroring from iPhones to laptops due to interoperability requirements with non-Apple products [2]. - Apple claims that the DMA will likely result in a longer list of delayed features for EU users, further diminishing their experience with Apple products [3]. - The requirement for Apple to ensure compatibility with third-party headphones has hindered the release of its live translation service in the EU, raising privacy concerns [4]. Group 2: Competition and Regulatory Concerns - Apple argues that the DMA creates unfair competition, as it is not applied uniformly to all companies, specifically mentioning that Samsung, the largest smartphone provider in the EU, is not subject to the same rules [3]. - The company contends that the DMA allows successful companies to manipulate the law for their own benefit, potentially compromising user data and access to Apple's technology [7]. Group 3: Legislative Recommendations - Apple has called for the repeal of the DMA or, at the very least, for it to be replaced with more suitable legislation, indicating that certain products, like the Apple Watch, may not have been launched in the EU under the current regulations [5].

Group 1 - TikTok owner ByteDance faces a deadline to divest its US operations by Wednesday or risk a shutdown in the US [1] - US officials indicated that there was a misunderstanding from China regarding the US position on TikTok, and technical aspects of the divestiture have been worked out [1] - Trade talks are ongoing in Madrid between US Treasury Secretary Scott Bessant, US Trade Representative Jameson Greer, and their Chinese counterparts [2] Group 2 - South Korea's Cosby index reached a record high after ten consecutive sessions of gains, influenced by the government's decision to scrap plans to raise taxes on stock investments [2][3] - The CEO of Swatch announced a price increase of 5% to 15% for US markets, following a 39% tariff imposed by President Trump on Switzerland [3] - Nvidia is under preliminary investigation by China for violating anti-monopoly laws, resulting in a 2.4% decline in its stock price [4]

Core Insights - Nvidia's shares are down 2% in pre-market trading following a preliminary investigation by China's market regulator, which found that the company may have violated anti-monopoly laws [1] - The investigation is linked to Nvidia's acquisition of Mellanox, a networking technology company, which was approved under certain conditions in 2020 [2][3] - The timing of this investigation coincides with ongoing US-China negotiations, highlighting rising tensions between the two nations, particularly in the semiconductor sector [3][5] Company Specifics - The Chinese regulator's investigation is focused on whether Nvidia has breached the conditions set during the approval of the Mellanox acquisition [3] - This investigation is part of a broader scrutiny of the semiconductor industry in China, which includes anti-dumping and anti-discrimination probes against US chips [4] - The current geopolitical climate complicates the situation for technology companies like Nvidia, as trade negotiations between the US and China are ongoing [6][7]