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Companies Swallow $2.1 Billion in Taxes as Executive Pay Climbs

Companies are racking up hundreds of millions of dollars in income taxes on pay for top executives, a growing bill that in some cases makes up a sizable chunk of their annual tax expense. Tesla Inc. booked $447 million in taxes on executive pay over three years. Pay for officers generated nearly 20% of all tax costs booked by defense contractor Howmet Aerospace Inc. in the same period. At cosmetics retailer Ulta Beauty Inc.,…

AMD Lands Meta as Data Centre Chip Customer, Takes on Nvidia

Advanced Micro Devices on Monday said it has won Meta as a data center chip customer, sending AMD shares up more than 11 percent as it cemented some of its gains against Intel.It also announced a range of new chips aimed at taking on larger rivals such as Nvidia in supercomputing markets, as well as smaller competitors, including Ampere Computing in the cloud computing market.After years of trailing the much larger Intel in the market for x86 processor chips, AMD has steadily gained market share since 2017, when a…

Chip Boom Loses Steam on Slowing PC Sales, Crypto Rout

Intel and Nvidia are among the semiconductor makers warning of rockier times ahead after two years of surging demand across their product lineups, pointing to a chillier consumer climate. Intel and Nvidia are among the semiconductor makers warning of rockier times ahead after two years of surging demand across their product lineups, pointing to a chillier consumer climate. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s…

RansomHouse Hackers Claim to Breach AMD With Bad Passwords

Photo: Justin Sullivan (Getty Images)A cybercrime gang claims that it recently stole 450 gigabytes of data from global chipmaker AMD by merely guessingemployees’ terrible passwords. According to a report from Restore Privacy, the e-crime gang RansomHouse claims to have come into possession of a large trove of AMD’s data and has now published some of it to their “leak site.” Such sites are used by extortionist cybercrime gangs to goad data theft victims into paying ransoms for their stolen information. The data seems to

New and Used GPU Prices Continue to Fall as Crypto Collapses

Nvidia GeForce RTX 3060 TiImage: NvidiaBad news for crypto miners is good news for gamers. While GPU prices have steadily fallen over the past few months, the ongoing cryptocurrency crash appears to be expediting the return to MSRP. As Tom’s Hardware reports, GPU prices decreased by around 15% in May following drops of 10% to 15% in the months prior. In some cases, prices are dropping below recommended pricing. 01:57Rainn Wilson’s First Fandoms: Star Trek And D&DYesterday 4:32PMFor now, the used market on eBay is

AMD Flags Slowdown in PC Market After Two Years of Strong Sales

Advanced Micro Devices Chief Executive Officer Lisa Su on Thursday flagged a slowdown in personal computers (PC) this year after two years of a "very strong PC market".Su, at the chip company's analyst day, said while the downturn was natural after a long period of high, the market for high performance and adaptive computing was "great".Research firm Canalys said in a note last week that demand for consumer and education PC segments has further slowed due to market saturation and inflation concerns, after reporting…