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Nvidia’s Vera CPU is its side door back into China

Nvidia has started pitching its Vera CPU to Chinese customers. Orders can begin now, and deliveries could start as soon as August, Reuters reported on Friday, citing three people familiar with the talks. It is a workaround dressed as a product launch. Nvidia’s China business has collapsed under US export controls. Jensen Huang said in […]

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A SpaceX-Tesla merger was a fantasy. The IPO just made it look plausible.

A SpaceX-Tesla merger has moved from rumour toward roadmap. On the day SpaceX began trading, the people around Elon Musk stopped waving the idea away. SpaceX President Gwynne Shotwell did the floating. Asked about merger chatter by CNBC, she said a tie-up “might make Elon’s life a little easier.” She added that “there are synergies […]

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Founders Fund put $600M into SpaceX. The IPO just turned it into $50bn.

Founders Fund’s SpaceX bet has become one of the great venture trades. Peter Thiel’s firm put around $600m into the rocket company. At the IPO price, that stake is worth more than $50bn. That is roughly an 80-fold return. Few venture bets have ever paid out on this scale. The figure comes from Bloomberg. Founders […]

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Founders Fund put $600M into SpaceX. The IPO just turned it into $50bn. Read More »

US spy law to expire for first time after lawmakers reject Trump’s controversial pick to lead spy agencies

The spy law known as Section 702, which authorizes the NSA and FBI’s warrantless surveillance, will all but certainly expire on Friday for the first time.

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