The Commerce Department has approved dozens of Chinese companies to handle Nvidia’s H200 chips, some of which have ties to firms under sanctions over national security.
An industrial park for high-tech companies in Beijing. The company New Matrix lists the building as its address, but a company directory does not include the firm.
Mayor Zohran Mamdani backs a bill to stop Amazon from outsourcing its deliveries, which would be a blow to the company. The City Council speaker, Julie Menin, and business leaders have concerns.
The mayor’s office and City Council are negotiating amendments to a bill to regulate Amazon’s delivery operations. Supporters say the bill would improve conditions for workers.
The S&P 500 slumped to its worst daily decline since April 2025 and the tech-heavy Nasdaq entered correction territory, as investors fretted about the durability of the A.I. build-out.
The crypto exchange said it was compromised in what could be the biggest crypto heist ever. One research lab attributed the theft to “North Korea’s elite hacking unit.”
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