Exclusive: Biden to hit China with broader curbs on U.S. chip and tool exports -sources – Reuters

WASHINGTON, Sept 11(Reuters) – The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said.
The Commerce Department intends to publish new regulations based on restrictions communicated in letters earlier this year to three U.S. companies — KLA Corp , Lam Research Corp (LRCX.O) and Applied Materials Inc (AMAT.O), the people said, speaking on the condition of anonymity.
The letters, which the companies publicly acknowledged, forbade them from exporting chipmaking equipment to Chinese factories that produce advanced semiconductors with sub-14 nanometer processes unless the sellers obtain Commerce Department licenses.
The rules would also codify restrictions in Commerce Department letters sent to Nvidia Corp (NVDA.O) and Advanced Micro Devices (AMD.O) last month instructing them to halt shipments of several artificial intelligence computing chips to China unless they obtain licenses. read more
Some of the sources said the regulations would likely include additional actions against China. The restrictions could also be changed and the rules published later than expected.
So-called "is informed" letters allow the Commerce Department to bypass lengthy rule-writing processes to put controls in place quickly, but the letters only apply to the companies that receive them.
Turning the letters into rules would broaden their reach and could subject other U.S. companies producing similar technology to the restrictions. The regulations could potentially apply to companies trying to challenge Nvidia and AMD's dominance in artificial intelligence chips.
Intel Corp (INTC.O) and startups like Cerebras Systems are targeting the same advanced computing markets. Intel said it is closely monitoring the situation, while Cerebras declined to comment.
One source said the rules could also impose license requirements on shipments to China of products that contain the targeted chips. Dell Technologies , Hewlett Packard Enterprise (HPE.N) and Super Micro Computer (SMCI.O) make data center servers that contain Nvidia's A100 chip.
Dell and HPE said they were monitoring the situation, while Super Micro Computer did not respond to a request for comment.
A senior Commerce official declined to comment on the upcoming action, but said: "As a general rule, we look to codify any restrictions that are in is-informed letters with a regulatory change."
A spokesperson for the Commerce Department on Friday declined to comment on specific regulations but reiterated that it is "taking a comprehensive approach to implement additional actions…to protect U.S. national security and foreign policy interests," including to keep China from acquiring U.S. technology applicable to military modernization.
Liu Pengyu, a spokesperson for the Chinese Embassy in Washington, said on Tuesday that China opposes the United States'"abuse of export control measures to restrict the export of semiconductor-related items to China." The upcoming restrictions violate international trade rules, harm global growth and hurt U.S. and Chinese companies, he said.
KLA, Applied Materials and Nvidia declined to comment while Lam did not respond to requests for comment. AMD did not comment on the specific policy move but reaffirmed it does not foresee a "material impact" from its new licensing requirement.
The planned action comes as the President Joe Biden's administration has sought to thwart China's advances by targeting technologies where the United States still maintains dominance.
"The strategy is to choke off China and they have discovered that chips are a choke point. They can't make this stuff, they can't make the manufacturing equipment," said Jim Lewis a technology expert at the Center for Strategic and International Studies. "That will change."
In an update on China-related measures last week, the Chamber of Commerce, a U.S. business lobbying group, warned members of imminent restrictions on AI chips and chipmaking tools.
"We are now hearing that members should expect a series of rules or perhaps an overarching rule prior to the mid-term election to codify the guidance in recently issued (Commerce Department) 'is-informed' letters to chip equipment and chip design companies," the chamber said.
The group also said the agency plans to add additional Chinese supercomputing entities to a trade blacklist.
Reuters was first to report in July that the Biden administration was actively discussing banning exports of chipmaking tools to Chinese factories that make advanced semiconductors at the 14 nanometer node and smaller. Tech news outlet Protocol reported plans to turn the letters sent to toolmakers into a regulation last month. Other elements of the rules, including the curbs on AI chip exports and the October release date, were first reported by Reuters.
U.S. officials have reached out to allies to lobby them to enact similar policies so that foreign companies would not be able to sell technology to China that American firms would be barred from shipping, two of the sources said.
“Coordination with allies is key to maximizing effectiveness and minimizing unintended consequences," Clete Willems, a former Trump administration trade official said. "This should favor broader regulations that others can replicate instead of one-off 'is informed' letters."
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Shares of drugstore operator CVS Health fell as much as 10% and insurer Centene slumped 8%, leading declines in major U.S. health insurers after performance ratings for health insurance plans from a federal government program were released.
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Symptoms of COVID-19 – CDC

People with COVID-19 have had a wide range of symptoms reported – ranging from mild symptoms to severe illness. Symptoms may appear 2-14 days after exposure to the virus. Anyone can have mild to severe symptoms.
Possible symptoms include:
This list does not include all possible symptoms. CDC will continue to update this list as we learn more about COVID-19. Older adults and people who have underlying medical conditions like heart or lung disease or diabetes are at higher risk for getting very sick from COVID-19.
If you are experiencing any of these symptoms, consider the following options:

Look for emergency warning signs* for COVID 19:
If someone is showing any of these signs, call 911 or call ahead to your local emergency facility. Notify the operator that you are seeking care for someone who has or may have COVID-19.
*This list is not all possible symptoms. Please call your medical provider for any other symptoms that are severe or concerning to you.
Influenza (Flu) and COVID-19 are both contagious respiratory illnesses, but they are caused by different viruses. COVID-19 is caused by infection with a coronavirus named SARS-CoV-2, and flu is caused by infection with influenza viruses. You cannot tell the difference between flu and COVID-19 by symptoms alone because some of the symptoms are the same. Some PCR tests can differentiate between flu and COVID-19 at the same time. If one of these tests is not available, many testing locations provide flu and COVID-19 tests separately. Talk to a healthcare provider about getting tested for both flu and COVID-19 if you have symptoms.
Symptoms of COVID-19
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Your Next American Airlines Flight Could Be a Bus Ride – Travel Market Report

Photo: Landline/American Airlines

Your next flight could be a bus ride.
American Airlines has collaborated with bus company Landline to connect passengers between Philadelphia and two other local airports starting on June 3.
American says the connections, which go to Lehigh Valley Airport (ABE) and Atlantic City International Airport (ACY), will be a “time-saver” for its passengers.
“Our partnership with Landline is one more way we’re making it easy for customers to connect to American’s premier trans-Atlantic gateway in Philadelphia,” said Brian Znotins, American’s Vice President of Network Planning.
“Customers can start and end their journey at their local airport, relax on a comfortable Landline vehicle, and leave the driving to someone else while they work or start their vacation early. From road to runway, we’re excited to welcome customers on board.”
The partnership allows guests to arrive at Lehigh or Atlantic City, check in with American and clear security, an easier task at smaller, regional airports. Then, just as guests would board their flights, they would board a Landline bus and head to Philadelphia.
The positive for guests is that they will not have to go through security again in Philadelphia; instead, they would head directly to their connecting flight.
The same process would occur on the way—heading home, passengers would board a Landline vehicle in Philadelphia after their flight and head to their local airport.
Aside from the obvious, the bus ride would operate much like another leg of a connecting flight—American will transfer checked bags from the bus to the aircraft and vice versa, AAdvantage members will be able to earn miles and points when traveling on the Landline buses, and WiFi and power will be available in-seat during the bus ride.
Landline markets itself as “the airport of the future” with an aim to make travel “more affordable, efficient, and sustainable by creating a seamless travel system.” The aim is, it says, to “bring the airport to you.”
Aside from the new Philadelphia routes, Landline also operates in Colorado with United Airlines and in Minnesota and Wisconsin with Sun Country Airlines.
Rich in ancient cultures, with spectacular architecture, natural wonders, and welcoming people, Asia ticks all the boxes for an unforgettable travel experience.
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How to Develop a Winning Go-To-Market Strategy for Reaching Your Business Goals – RisMedia.com

This month, Real Estate magazine spoke with Regis Hadiaris, vice president of product marketing at Rocket Central, who discussed the right way to develop a successful go-to-market strategy that will help real estate professionals fulfill their goals and reach new levels of success.
Paige Brown: Tell us how you got started with Rocket Mortgage®, how it led to your current role and what exactly that role is.
Regis Hadiaris: I joined the organization in 2004 as a founding member of our award-winning digital marketing team. We dramatically grew the organization through integrated performance, brand and digital marketing. In 2012, I moved into digital product development to lead a top-secret project that ultimately became the revolutionary Rocket Mortgage experience, widely recognized as reinventing the mortgage industry. For the last three years, I’ve built our product marketing discipline, which drives adoption of our consumer and partner experiences.
PB: As vice president of product marketing, what are your primary roles and responsibilities?
RH: Our product marketers are the key to effectively and efficiently bringing things to market: new digital product experiences for financial services, innovative mortgage products and so much more. We are the best at handling life’s most complex moments so that our clients—and the clients of our Rocket ProSM partners—can live their dreams. We put the client at the center of everything we do by understanding deeply through research and analytics, defining a go-to-market strategy with crystal clarity and activating omnichannel marketing with a strong sense of urgency.
PB: What is your favorite part of your job?
RH: My passion for making financial services radically simple has helped me take on a wide variety of roles at Rocket Companies®. In all of my experience, seeing our extremely talented team members grow their skills and accomplishments, our partners expand their businesses and our clients reach their dreams has been a tremendous honor for me. In my current role, we’re ensuring that everything we do in our Rocket Pro partnerships is a win for our partner and their clients.
PB: What are your goals and objectives when it comes to developing a go-to-market strategy?
RH: A go-to-market strategy must clearly outline the opportunity. What’s going on in the market? Who are your target audiences? What jobs are they trying to do? How can you be the best at helping them with those jobs?
From there, a successful go-to-market strategy will clarify your distinct competencies, value proposition(s), places you will market, communications strategy, how you will promote and how you will enable teams like sales, customer support, etc. When all these things are defined, you can prospect, onboard and nurture effectively to reach your business goals.
PB: Why is a strong go-to-market strategy important for today’s real estate professionals?
RH: Clients have more choice in real estate agents than ever before. Whether you are a real estate agent or own a real estate brokerage, you have similar goals. You want people to know you, like you, want to work with you and, ultimately, transact. Clients expect that you are incredibly dialed into what is going on in the local market. You must find ways to stand out from other agents and make your marketing efforts work harder…and a strong go-to-market strategy achieves this.
PB: Please give us some insight on the go-to-market strategies that you have helped develop.
RH: My team and I have developed go-to-market strategies across all our consumer and professional businesses and products, including Rocket Mortgage, Rocket HomesSM, Rocket Pro TPO, Rocket Pro Insight, Rocket SolarSM, Rocket Money and more. Our work is used by our award-winning sales, marketing, training and communications teams to align and execute at the highest level.
PB: What are some tried-and-true strategies that real estate professionals can implement into their brands today? Why are these so important for finding success?
RH: The speed of the game keeps getting faster. Client expectations about what you deliver keep increasing. Standing out among other real estate professionals is a challenge. The way to win is through the experience you deliver to your clients and the word-of-mouth it generates.
Here are three strategies real estate professionals can implement to attract new clients, save time, increase the percentage of winning offers, ensure timely closings and generate more business:
Once you have these experiences in place, you can deploy marketing tactics in your local market for effective prospecting, onboarding and nurturing to help more clients than you dreamed possible.
The above article is sponsored content. For more information, visit
Paige Brown is RISMedia’s Managing Editor, Social Media/Blog.
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Walmart Partners With WALDO To Offer Affordable Contact Lens – Walmart Corporate

July 26, 2022
BENTONVILLE, Ark., July 26, 2022 Walmart and WALDO are partnering to make eyecare more accessible and affordable. Walmart is the first exclusive retailer to offer WALDO, an innovative and accessible eyecare brand that believes in the power of positive vision. These first-of-their-kind lenses are enriched with essential vitamins, including B12, to help refresh and rejuvenate eyes.
At $23.86 for a 30-pack of the Hydra Boost Daily Lenses, customers can save 13%-84% off the cash price of comparable branded daily disposable contact lenses at Walmart, which translates into a savings of up to $552 a year at Walmart.1
“We are thrilled to partner with Walmart to expand access to affordable eyecare options across the country,” says Ashleigh Hinde, Founder and CEO at WALDO. “Partnering with Walmart allows us to grow our community and help foster much larger conversation around the importance of eye health and the need for accessible options for eyecare.”
WALDO is committed to making eye care an essential part of everyday life through accessible, high-quality products, trustworthy expert service and a platform to elevate the vision of their customers.
“Walmart is continuously looking for ways to bring our customers brands they already use and love to our stores, making it even more convenient to prioritize their health during their weekly shopping trips,” says Tabitha Watkins, Divisional Merchandising Manager – Specialty Healthcare at Walmart. “We are so pleased to be the first retailer to carry WALDO, a brand that is delivering innovative eyecare products at a great value for our customers.”
Routine eye exams are an important part of taking care of your whole health. Walmart operates more than 3,000 vision centers nationwide, allowing customers to easily fill prescriptions for prescription eyewear, sunglasses, reading glasses and contact lenses2. Walmart Vision Centers across the country are being transformed into state-of-the-art facilities with an all-new customer experience that features family tables and full-length mirrors for a functional try-on atmosphere. The remodeled centers will have newly designed and interactive shelving, semi-private spaces for associate consultations and more.
WALDO products will be available nationwide beginning July 26. Shop WALDO now at WalmartContacts.com
1 The out-of-pocket costs customers pay for daily disposable contact lenses depend on a variety of factors. These savings have been calculated based on customers purchasing contact lenses without vision insurance.
2 Contact lenses are not available from Walmart Vision Centers in Arkansas, Rhode Island and Delaware.
About Walmart
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better — anytime and anywhere — in retail stores, online, and through their mobile devices. Each week, approximately 230 million customers and members visit more than 10,500 stores and clubs under 46 banners in 24 countries and eCommerce websites. With fiscal year 2022 revenue of $573 billion, Walmart employs approximately 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart and on Twitter at twitter.com/walmart.
About Waldo
WALDO is an innovative and accessible eyecare brand that champions positive vision for all through high quality products and service. Founded by Ashleigh Hinde in 2017, WALDO is leading the movement in making eyecare an essential part of everyday life. Challenging industry perceptions by removing alienating jargon and investing in product innovation and services that are always centered around the customer. Since launch, WALDO lenses have been worn by over 200,000 customers and the company has expanded its eyecare product range and services to reach the EU and USA. Through innovative products, an insightful and thoughtful business philosophy and courage to push boundaries – WALDO strives to lead industry evolution. For more information, please visit hiwaldo.com.


BBC's technology evolution shown at National Museum of Computing – BBC

A new exhibition looking at the evolution of technology at the BBC has opened to mark the corporation's 100th anniversary.
"BBC through the decades" is at the National Museum of Computing at Bletchley Park, near Milton Keynes.
It showcases the analogue and digital technology used by the BBC since its inception and the innovations it contributed towards.
Museum director Jacqui Garrad said it was an "epochal British institution".
The exhibition looks at how the BBC began broadcasting, the first television broadcast in 1932 and the move to colour in 1967.
It also features the launch of the BBC website in 1997 and the digital switchover that began in 2007.
The museum also recognises the contribution to computing and technology made by the BBC, with innovations such as Ceefax, BBC Micro and the BBC Domesday Project.
Visitors can also be hands-on with exhibitions, including playing retro games on a 1980s BBC computer.
Ms Garrad said: "The BBC is an iconic British institution, with global reach, respect and recognition.
"We are very excited to showcase this history."
The exhibition was launched at the weekend by former BBC technology correspondent Rory Cellan-Jones, who said the BBC was "a key part of my family history".
He said: "I worked there for 40 years, and before me my mother joined the corporation in wartime Bristol and left TV Centre in London in 1974.
"By the time I was made technology correspondent, the BBC's R&D teams had already pioneered everything from mobile recording, as used on D-Day, to an online news service.
"Then as I reported the rise of the smartphone and AI, I watched the BBC adapt to this new era."
He said the exhibition "honours the remarkable technological evolution at the BBC across its 100-year history".
The exhibition is at the museum until 20 November.
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The Science of Ross Business: Healthcare Management At The Ross School – Poets&Quants

Doctor working in hospital writing prescription clipboard, working an Laptop on desk in hospital with report analysis, Healthcare and medical concept, selective focus
Coming into business school, my long-term goal was to become a leader in the healthcare space. Besides my own prior experience in the field, I was motivated by strong growth opportunities that came from the increasingly high demand for experienced managers with knowledge of the healthcare industry.
When considering which MBA programs to apply to, I looked for schools with strong healthcare offerings. The Ross School of Business at the University of Michigan has provided me with many opportunities to explore healthcare management through academic courses, club activities, and internship recruiting FACT groups – all of which were crucial in developing my skills in this area.
Vaishnavi Sitarama
Out of the various healthcare-focused courses, one class I consider particularly essential for all aspiring healthcare managers is “The Commercialization of Biomedicine”. This course dove deep into different subcategories within the healthcare space – biotech, medical devices, pharma, payers, and providers – and demonstrated ways how products are taken from conception to actualization. The course is intended to be an introduction to key issues faced by companies as they merge science with business to bring products to market.
One such issue that we discussed was how companies classify products for FDA approval – should a product be classified as a medical device, a biologic, or a drug? Certain classifications lead to lower regulation, while others require stringent clinical trials. Beyond regulatory considerations, these different classifications present differences in risk and potential payoffs. For example, medical devices are significantly more loosely regulated, but also sell for lower prices and therefore have lower profit margins. Hence, we explored questions like the best conditions to operating in this space. The course also presents current practices, rationales behind company decisions, and analytic frameworks by which to understand regulation, financing, risk, alliances, and organizational configurations in the life sciences space. Given that many managers in these industries operate in product-focused roles, this course provides a window into the topics that we as future healthcare managers may be expected to tackle in our post-MBA full-time roles.
The course is also interdisciplinary and welcomes students from other schools at U-M, such as life sciences, engineering, pharmacy, and public health. I really appreciated this aspect of the course because it allowed me to learn from the experiences of peers in complementary fields. One discussion topic that proved particularly applicable to my path in healthcare consulting involved the adoption and marketing of new products. Considering drug and device marketing, we explored different methods to enter healthcare markets, such as by working with physicians during the development process and obtaining pre-market insurance coverage. The diversity within the class led to deeper exploration of this topic as members from different backgrounds all had different viewpoints. Students with medical backgrounds strongly advocated for involving physicians from the early stages of the development process, whereas others with pharma backgrounds supported distancing from the medical field in the initial stages to allow for unconstrained creativity and exploration.

2020 Ross MBA MAP Reveal
In addition to academic courses, Michigan Ross provided opportunities to interact directly with the healthcare space through the Healthcare and Life Sciences Club. HLS caters to people switching into the healthcare field and offers speaker series and informational sessions on various healthcare subindustries. In particular, the HLS Bootcamp at the beginning of the academic year and the HLS Symposium are great opportunities to learn about the field and interact with Ross alums working in healthcare positions. These events offer informational sessions, discussion forums, and networking opportunities. Together, they provide real world exposure to the healthcare field and help many career switchers understand the differences between the subindustries. At the HLS Symposium this year, panelists from various life sciences companies spoke about the advent of digital health. As a future consultant with a focus in health technology, I found this an incredible opportunity to network with professionals working in the field and analyzing trends in the industry. I hope to take the connections I formed and grow them further as I enter the workforce post Ross.
The Career Development Office’s (CDO) FACT groups are small CDO Peer Coach-led groups that help MBA1s with internship recruiting. CDO and Peer Coaches collaborate on the weekly curriculum, and these also play a large role in understanding the healthcare-specific post-MBA paths. Although the primary focus of CDO FACT groups is recruiting, many groups have informal journal club-like series designed to introduce MBA students to new developments in the field and speak knowledgeably on related topics. My CDO FACT group was healthcare-consulting specific, and many of the topics we spoke about related to management practices when working with doctors, engineers, scientists, and people from highly technical backgrounds. One such topic that we explored in my CDO FACT group was being able to translate highly technical jargon into layman terms that were understandable to not only scientists and engineers but also executive level and non-technical staff. By learning to simplify our own prior career experiences and by practicing translating external technical documents, we were able to develop communication skills specific to technical fields. This skill proved incredibly useful during my internship last summer as I was able to help translate some of the client jargon into more easily communicable concepts.
The overall Michigan Ross healthcare MBA program, and particularly the healthcare management concentration, gives students a strong base in healthcare topics and prepares students to tackle specific issues healthcare managers may face as hospital administrators, medical practice managers, insurance executives, pharma and biotech leaders, medical device product managers, and more. Ross helped me develop as a business leader in the healthcare space and I can’t wait to put my new skills to use as a healthcare consultant after graduation.

Bio: My name is Vaishnavi Sitarama and I am a second-year MBA student at the University of Michigan’s Ross School of Business. A Californian and Silicon Valley native, I received my degrees in Molecular Biology and Public Policy from the University of California, Berkeley.  With prior experience in metastatic breast cancer research and afterwards in artificial DNA design, I am now pursuing my MBA to gain knowledge in scientific management and the business of healthcare. This past summer, I interned with Strategy& (part of the PwC network) as a Strategy Consultant in their Healthcare vertical. Aside from work, I am a flautist (I even played with Beyonce, Coldplay, and Bruno Mars in the 2016 Halftime Show!), an avid reader, and an amateur DIY crafter. Follow my Linkedin and Instagram to learn more about me and my time at Ross!
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Bollywood actor Imran Khan keeps getting mistaken for politician Imran Khan – images.dawn.com

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Desk Report
He shared on Instagram that he’s going to start drafting some policy outlines so we guess he’s decided to embrace it!
PTI chairman Imran Khan is a popular man; he didn’t just become 1 of the most followed world leaders on Twitter for nothing!
Just ask his namesake, Bollywood actor Imran Khan who keeps getting emails meant for the future Pakistan PM. He shared a screenshot of an email he received clearly meant for Khan sahib: