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India's Tata Capital files for IPO

India's Tata Capital files for IPO

Reuters6 days ago
Aug 4 (Reuters) - Tata Sons-backed India's Tata Capital TATC.NS has filed for an initial public offering, draft papers showed on Monday.
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Chinese state media says Nvidia H20 chips not safe for China
Chinese state media says Nvidia H20 chips not safe for China

Reuters

time3 hours ago

  • Reuters

Chinese state media says Nvidia H20 chips not safe for China

BEIJING, Aug 10 (Reuters) - Nvidia's (NVDA.O), opens new tab H20 chips pose security concerns for China, a social media account affiliated with China's state media said on Sunday, after Beijing raised concerns over backdoor access in those chips. The H20 chips are also not technologically advanced or environmentally friendly, the account, Yuyuan Tantian, which is affiliated with state broadcaster CCTV, said in an article published on WeChat. "When a type of chip is neither environmentally friendly, nor advanced, nor safe, as consumers, we certainly have the option not to buy it," the article concluded. Nvidia did not immediately respond to a request for comment. H20 artificial intelligence chips were developed by Nvidia for the Chinese market after the U.S. imposed export restrictions on advanced AI chips in late 2023. The administration of U.S. President Donald Trump banned their sales in April amid escalating trade tensions with China, but reversed the ban in July. China's cyberspace watchdog said on July 31 that it had summoned Nvidia to a meeting, asking the U.S. chipmaker to explain whether its H20 chips had any backdoor security risks - a hidden method of bypassing normal authentication or security controls. Nvidia later said its products had no "backdoors" that would allow remote access or control. In its article, Yuyuan Tantian said Nvidia chips could achieve functions including "remote shutdown" through a hardware "backdoor." Yuyuan Tantian's comment followed criticism against Nvidia by People's Daily, another Chinese state media outlet. In a commentary earlier this month, People's Daily said Nvidia must produce "convincing security proofs" to eliminate Chinese users' worries over security risks in its chips and regain market trust.

Former chapel in Rushden to be converted into nine person HMO
Former chapel in Rushden to be converted into nine person HMO

BBC News

time4 hours ago

  • BBC News

Former chapel in Rushden to be converted into nine person HMO

A council has agreed to convert a former chapel into a nine-person House in Multiple Occupation (HMO).Plans for the building on Wellingborough Road in Rushden, Northamptonshire, were approved by a planning committee on site, most recently used as a two-bed home, had been vacant for several years. Objecting to the proposals, North Northamptonshire councillor Ash Hall said residents were concerned a HMO would only worsen "existing parking conflict" in the area. Applicant Investment Street was granted permission to change the property after the planning committee voted to approve the plans 11 to one, subject to McLoughlin, managing director of Investment Street, told the committee: "We won't have any sort of bad people in and we won't give it to a third party."There's a huge increasing need for affordable and flexible housing options in towns like Rushden. This type of high-quality HMO gives them the chance to live in comfort without overstretching themselves financially."Members also backed plans to reduce the width of a dropped kerb at the front of the property to stop cars from parking on the land at the the planning meeting, neighbour Peter Brady said the proposals to let nine rooms in the property would be an overdevelopment and put a "significant strain" on the quality of life of existing added: "This application is not about housing need, it is an attempt to squeeze a maximum number of rent-paying tenants into a small space with minimum consideration for safety, infrastructure or neighbour amenity."The NNC Highways Authority stated the HMO scheme had been proposed as a "car-free development". It added that there would be sufficient capacity on the surrounding streets for any extra cars, according to parking surveys. Follow Northamptonshire news on BBC Sounds, Facebook, Instagram and X.

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