Reading view
Keith Urban, Riley Green, Brothers Osborne, Little Big Town also join the lβ¦
Jensen Huang says chip export rules for China are 'a failure'
AP Photo/Chiang Ying-ying
- Jensen Huang criticized US chip export rules that have hurt Nvidia's China market share.
- He said export controls have spurred Chinese tech development.
- "Our competition in China is really intense," Huang said.
Tech titan Jensen Huang slammed US rules on chip exports to China, which have hit Nvidia's business hard.
In a session with reporters and industry analysts at the Computex Taipei tech conference in Taiwan on Wednesday, Huang said the chipmaker's market share in China has decreased to 50%, down from 95% four years ago.
Huang also said Chinese tech companies have benefited from the crackdown.
"The export control gave them the spirit, the energy, and the government support to accelerate their development. So I think, all in all, the export control is a failure," he said.
The US started taking steps to limit China's use of high-tech chips in 2022. Huang's comments on Wednesday mark an escalation from his previous messaging about the US's controls.
In February, Huang told CNBC, "It's hard to tell whether export control is effective."
In April, Nvidia said the Trump administration tightened rules that effectively banned the sale of the kinds of chips β H20 β Nvidia had created to comply with the Biden administration's export controls. The company said it expected a $5.5 billion charge in first-quarter earnings due to the new restrictions.
About 13% of Nvidia's revenue in the year ending in January came from China and Hong Kong, down from 17% the year before.
"China is where 50% of the world's AI researchers are, and we want AI researchers to build on Nvidia. DeepSeek was built on Nvidia. That's a gift to us, that's a gift to the world," Huang said.
On Wednesday, Huang repeated past compliments for DeepSeek, the AI startup that took global financial markets by surprise in January with a competitive new model, and for tech giant Huawei. He again called the latter, which builds its own chips, "formidable."
"Our competition in China is really intense," Huang said. The CEO also said the US has no monopoly on AI development.
"Power is quite cost-effective in China, and there's plenty of land. So the ban on H20 is not effective," he said.
Huang added that there was no way to further "degrade" the company's current graphics processing unit architecture such that buyers would want it.
Bouts of broad market and tech sell-offs and angst about export controls, among other issues, have depressed investor darling Nvidia's stock recently. The company's shares are up nearly 41% in the past year but flat this year to date.
Don't underestimate the power of the 'brocast', Mark Cuban says
Mat Hayward via Getty Images
- Mark Cuban said the value of the "brocast" shouldn't be underestimated.
- "Brocasts aren't republican. They are for young guys," Cuban wrote in a post on Bluesky.
- Cuban has been a podcast fixture for months, and recently talked about his business, Cost Plus Drugs, on one.
Mark Cuban said on Monday that politicians should start paying more attention to podcast bros if they want to connect with young people.
"Brocasts aren't republican. They are for young guys. If you want to connect you have to speak to them. If you want to lose by 248k votes in 7 swing states, ignore them," Cuban wrote in a post on Bluesky.
Cuban is no stranger to the world of politics and podcasts.
The "Shark Tank" star endorsed Vice President Kamala Harris in last year's presidential election. Cuban also hit the podcast circuit to campaign for Harris, appearing on shows like Theo Von's "This Past Weekend" and the "All-In" podcast.
While Cuban made the comment in relation to elections, the power of the "brocast" is on clear display when it comes to businesses as well.
Besides chatting about politics, Cuban has also gone on podcasts to talk about his business ventures.
Last week, Cuban made an appearance on the "Hims House" podcast, where he discussed the origins of his low-cost online pharmacy, Cost Plus Drugs.
"Going back to 2018 or 2017, being here in Texas, I had some Republican friends who were asking me questions like, 'Do you have any ideas how the Republicans can replace the ACA, Obamacare?'" Cuban said.
"I'm like: 'No, but it's an interesting question. Let me see if I can come up with some ideas.' So that got me into healthcare. The ideas, you know, never got that far, but it really got me, turned me into a healthcare geek," he added.
To be sure, Cuban isn't the only one who has recognized the value of podcasts in connecting with a wider audience. Business leaders like Elon Musk, Mark Zuckerberg, and Sundar Pichai have been making their rounds on the podcast circuit to talk about their companies or share their views on work and life.
Last month, Zuckerberg appeared on Theo Von's podcast, where he shared his take on the value of attending college.
"I'm not sure that college is preparing people for, like, the jobs that they need to have today," Zuckerberg said on the podcast. "I think there's a big issue on that, and like all the student debt issues are like really big issues."
And in April, too, Melinda French Gates appeared in a podcast episode with Scott Galloway, where she talked about the criticism she's faced for her philanthropic efforts.
"I'm not sitting on the sidelines. To me, it's so easy to sit on the sidelines and, as Roosevelt used to say, criticize from the sidelines. I'm in the arena doing the work," French Gates said.
Cuban did not respond to a request for comment from Business Insider.
The 'Nine Perfect Strangers' star has been married to Keith Urban since 200β¦
I met Mark Cuban before 'Shark Tank,' and he became my mentor. Here are the best business lessons he taught me.
Jon Cater
- Entrepreneur Shira Lazar said Mark Cuban became a true mentor after CBS News dropped her show.
- Lazar said Cuban's encouragement helped her to see herself as a startup founder.
- She said Cuban's advice led her to consultant work and has helped her become an AI thought leader.
I first met Mark Cuban on a red carpet for a movie premiere I was covering as a young entertainment host. At the time, Mark was already a recognizable figure β not just for selling Broadcast.com to Yahoo during the dot-com boom, but as one of the faces of that entire era of internet-fueled wealth. He even made a cameo on "The Simpsons."
Fast forward to 2011: I had just launched "What's Trending," one of the first live digital shows covering internet culture, and CBS News picked it up. We hosted guests like Snoop Dogg, Common, Lilly Singh, and Bill Nye the Science Guy. Naturally, I had to ask Mark to join us, too β by then, he was gaining even more mainstream fame through "Shark Tank" and I was starting to see him as a potential mentor.
In all the years I've known Mark, he's never given me a dollar β and yet his support, guidance, and friendship have been worth so much more.
Mark Cuban gave me a reality check that helped me keep my business going
He liked what my team and I were building with "What's Trending," and appreciated the entrepreneurial spirit behind it. But it was a few months later, during a major career crisis, that Mark truly stepped into the role of mentor.
In a single weekend, CBS News suddenly dropped the show. My cofounder and I were devastated, and I reached out to Mark. Was there anything he could do to help?
By chance, he was flying into Los Angeles to film "Shark Tank" and told us to meet him at the SLS Hotel. I showed up in all black, puffy-eyed from crying. I was hoping for a lifeline. Instead, Mark gave me tough love.
Jon Cater
I had to negotiate with a Shark
He offered us a deal: He would air "What's Trending" on HDNet, the TV network he owned at the time. But there was a catch: no money upfront, exclusive rights to him, and a revenue share model on advertising.
In an instant, I had to snap out of my grief and start negotiating with a real Shark.
I didn't think it was a good deal and felt he shouldn't get exclusive rights if he wasn't giving us upfront cash. Looking back, I realize I probably should've taken it β we would've figured the rest out along the way.
I sat there, unsure, my brain spinning, and that's when Mark looked me square in the eye and asked: "Are you passionate about what you're doing?" I said yes, without hesitation, and he convinced me that if I truly cared, I could find the $50,000 to keep my show going.
That conversation forced me to see myself as a startup founder
I realized that if I was going to ask someone else to invest in me, I needed to be willing to invest in my own vision first.
Since then, Mark has offered many more moments of tough love β each one a precursor to some of my biggest career breakthroughs. When I got in early on Musical.ly before it became TikTok, I poured a lot of time and energy into it and had a real vision, but I was ahead of the curve. The money wasn't there yet.
Mark pushed me to know my worth and ask to be paid because I deserved it. That mindset shift led me to consulting work and has helped me negotiate with a lot more clarity as a creator.
I've learned some of my best business lessons from Mark
1. Always be selling.
No matter what you're doing β building a company, launching a project, pitching an idea β you're always selling yourself, your vision, and your value.
That doesn't mean everything has to be transactional, but be aware and open to opportunities because they're literally everywhere.
2. There are two kinds of companies: those that are great at AI and everyone else.
When it comes to emerging tech, it's all about following where the money and attention are going and identifying clear gaps in the space.
Right now, and likely for the future, that's AI. During a recent recording of my podcast, "The AI Download," Mark was a guest and reminded me how important it is to create content in this space now β to connect with the right players, to learn by doing, and to test the tools firsthand.
This approach has helped me grow as a thought leader, led to brand deals, and even opened up an opportunity to lead growth and marketing for INSEAD AI Venture Lab, an 8-week global AI training program.
3. Sweat equity is the best equity.
I've mostly bootstrapped my company, growing it through relationships, creativity, and reinvention rather than outside funding.
Building with sweat equity forced me to get scrappy, stay lean, and focus on what truly matters. It made me and the company more resilient, and along the way, it revealed who was genuinely committed.
4. Run your business to be profitable.
Profitable companies don't go out of business. It sounds simple, but in the world of flashy startup rounds and burn rates, it's a powerful reminder.
My own business has definitely had its ups and downs with this.
Running a business without focusing on profitability isn't sustainable. It drains your energy, gives you headaches, and takes time and resources away from ideas that could actually grow. It becomes less of a business and more of an expensive hobby.
Not focusing on profitability also forces you to constantly raise money and put your vision in the hands of investors, which can mean giving up control.
5. Kindness is a secret weapon.
Mark is literally the nicest billionaire I know β not that I have a huge roster of billionaires on speed dial.
He may not respond to every single email, but he's known for being surprisingly responsive, even to cold emails from strangers. I've always been struck by how quickly he replies. It's not always a yes; sometimes it's a quick "not interested." But the fact that he takes the time to respond at all says a lot.
If someone like him can be that timely and direct without relying on layers of gatekeepers, it challenges me to do the same. It reminds me that respect and efficiency go hand in hand, no matter how busy you are.
Shira Lazar is an Emmy-nominated host, producer, and entrepreneur. She's the founder/CEO of the media brand "What's Trending" and cofounder of CreatorCare, a mental health support system for creators.
Mark Cuban on his swan song on 'Shark Tank': 'Gonna miss it'
Ron Jenkins via Getty Images
- Mark Cuban announced his departure from "Shark Tank" in 2023.
- Cuban said the show's sixteenth season, which wraps on Friday, is his last.
- "Gonna miss it. But it was time to move on," Cuban wrote on X on Thursday.
Mark Cuban said he will miss being on "Shark Tank" when his final episode on the series airs on Friday.
"My last @ABCSharkTank is this Friday. Gonna miss it. But it was time to move on. Make sure to watch!" Cuban wrote in a post on X on Thursday.
Cuban has been a fixture on ABC's entrepreneurial reality show since he joined the series full time in 2012. Cuban is one of the show's "sharks," an angel investor who grills founders on their business ideas before deciding to invest on them.
In November 2023, Cuban announced his departure from "Shark Tank." Cuban said the show's sixteenth season, which started airing in October, will be his last.
Cuban told The Hollywood Reporter, in a story published in November 2023, that he was leaving the show to spend more time with his family.
"I just want to have a couple summers with my teens before they go off on their own," Cuban wrote in an email to The Hollywood Reporter. "Nothing to do with the show. I love it. I love being on it."
Cuban told People magazine in an interview last year that the shooting schedule for "Shark Tank" tended to clash with summer vacation.
"We always shoot in June and September, and in June, right when they're finishing school, I have to come here," Cuban said.
"When they were young it was like, 'Okay, we're going to wait for Dad.' Now that they're teenagers, they aren't waiting for Dad at all, and in September they've just gotten back to school," Cuban added. "I want to be there for that."
To be sure, Cuban's departure from "Shark Tank" doesn't mean he'll be out of the spotlight. The billionaire endorsed Vice President Kamala Harris in last year's presidential election, becoming one of her most vocal supporters. He's also continued to post on his social media platforms, and has criticized President Donald Trump for his tariff policies.
Last month, Cuban expressed support for an executive order Trump signed to lower drug prices. Cuban has long been interested in healthcare policy and started his own low-cost online pharmacy, Mark Cuban Cost Plus Drugs Co. in 2022.
"Gotta be honest. The @realDonaldTrump EO on healthcare and in particular, drug pricing could save hundreds of billions," Cuban wrote in a post on X, which included six ways he thought drug prices could be regulated.
"Put me in coach! I'm here to help," Cuban added.
Cuban did not respond to a request for comment from Business Insider.
Mark Cuban says he got into pharmaceuticals because some of his Republican friends asked if he had an Obamacare alternative
Mat Hayward via Getty Images
- Mark Cuban started his low-cost online pharmacy, Cost Plus Drugs, in 2022.
- Cuban said he started looking into the pharmaceutical business in 2017.
- What prompted the move was friends in the GOP who asked Cuban if he had an Obamacare alternative, he said.
Shark Tank star Mark Cuban says his interest in the US healthcare system began after his GOP friends asked him if he could come up with a replacement for Obamacare.
"Going back to 2018 or 2017, being here in Texas, I had some Republican friends who were asking me questions like, 'Do you have any ideas how the Republicans can replace the ACA, Obamacare?'" Cuban said in an episode of the Hims House podcast, which aired on Tuesday.
"I'm like, 'No, but it's an interesting question. Let me see if I can come up with some ideas.' So that got me into healthcare. The ideas, you know, never got that far, but it really got me, turned me into a healthcare geek," Cuban added.
Cuban said his interest led him to pay for studies to find out why healthcare costs more in the US compared to countries like Canada.
"It became very obvious the more I dug in, that there was zero transparency, no transparency, and that there were a lot of vested interests that wanted opacity. They want it to be as opaque as possible so that people can't make good decisions when it comes to their healthcare," Cuban said on the podcast.
Back in 2017, Cuban detailed his own plan to fix Obamacare on his blog "Blog Maverick." Cuban called for a single-payer coverage system for chronic physical or mental illness and for any life-threatening injury.
"Everything not covered by the above can be covered by insurance sold on the free market, managed by the states, sold across state lines, without government interference," Cuban wrote.
Later, in 2022, Cuban cofounded Mark Cuban Cost Plus Drugs Co., a low-cost online pharmacy.
Unlike its competitors, Cost Plus Drugs keeps costs low by sourcing its drugs directly from manufacturers and eliminating the extra costs imposed by pharmaceutical middlemen. Customers pay a 15% markup to Cost Plus Drugs, as well as a fixed $5 labor charge for each medication and $5 for shipping.
"We are completely transparent, with the same price for anyone and everyone," Cuban told Business Insider's Hilary Brueck in a story published in August. "We believe that when all data is transparent, then the market becomes efficient. At that point, prices will drop significantly."
More recently, Cuban expressed support for President Donald Trump's push to slash drug pricing and said he would be willing to pitch in to make pharmaceuticals cheaper.
"Gotta be honest. The @realDonaldTrump EO on healthcare and in particular, drug pricing could save hundreds of billions," Cuban wrote on X in April.
Cuban also outlined five ways he thought drug prices could be regulated in that post. The post was a marked departure from Cuban's criticism of Trump on tariffs and other matters, as well as his strong support for then-Vice President Kamala Harris' presidential run against Trump in 2024.
"Put me in coach! I'm here to help," Cuban wrote on X.
Cuban did not respond to a request for comment from BI.
The 'A Family Affair' actress welcomed her younger daughters with husband Kβ¦
The country star also sweetly shouted out the couple's daughters, Sunday, 1β¦
The 2025 Academy of Country Music Awards air live from Ford Center at the Sβ¦
Back on TV! See Blake Shelton and Keith Urban on Set of Their New Singing Competition Show βThe Roadβ (Exclusive)
TikTok Promotes Emily Freed to US Agency Lead
Trump says he has a 'warm spot in his heart' for TikTok
Riccardo Milani/Hans Lucas/AFP/Getty Images
- Trump said he'd offer TikTok another extension if it can't find a buyer by June.
- A law requires TikTok to divest from ByteDance, its Chinese owner, or face a ban in the US.
- Trump told NBC's "Meet the Press" on Sunday that he had a "warm spot" for TikTok.
President Donald Trump said Sunday he'd offer TikTok another extension should the social media app fail to find a buyer by the June 19 deadline.
During an appearance on NBC's "Meet the Press," Trump told host Kristen Welker that he had a "warm spot in his heart" for TikTok and that he'd like to see the popular app remain available in the United States.
"TikTok is β it's very interesting, but it will be protected," he said in a pre-taped interview conducted at his Mar-a-Lago club on Friday.
It's the latest development in the ongoing saga involving TikTok in the United States.
In 2020, Trump unsuccessfully sought to ban TikTok in the United States because he believed its Chinese owner, ByteDance, posed security concerns. He also once suggested it was a form of punishment for what he saw as China's role in the COVID-19 outbreak.
Former President Joe Biden later picked up the baton, signing a law last year that requires TikTok to divest from ByteDance or face a ban from US app stores.
The US Supreme Court upheld the law in January. TikTok then briefly shut down its app to US users before Trump promised to find a solution.
Trump began to change his tune on TikTok during his 2024 campaign, during which he said young people in the United States would "go crazy without" it. Many observers have credited TikTok's reach in helping Trump connect with a wide swath of voters, especially among young Americans who dominate the app's user base.
After Trump took office, he signed a 75-day extension for TikTok to find a buyer, which expired on April 5. On April 4, Trump announced he would issue another 75-day extension.
A number of wealthy Americans have publicly expressed interest in purchasing TikTok, including "Shark Tank" mogul Kevin O'Leary and YouTube power creator MrBeast.
Mark Zuckerberg — the man who made Facebook — wants you to cut down on your screen time
Evelyn Hockstein/Reuters
- Mark Zuckerberg envisions a future where holograms could replace physical screens.
- Meta's AI-powered Ray-Bans and Orion glasses aim to merge digital and physical worlds.
- Zuck said he's hoping to release its AR glasses in four years or less.
Mark Zuckerberg is on a mission to combine the physical and digital worlds β and he's leaving screens out of it.
The future of tech is heading away from them and toward holograms that eliminate the need for the "small glowing rectangle" in your hand, Zuckerberg told Theo Von on the "This Past Weekend" podcast.
"All this digital stuff should just basically be holograms. You shouldn't need a physical screen," Zuckerberg said.
His big solution? Glasses.
Meta has seen a positive response to its AI-powered smart Ray-BansΒ and is working on upping its wearables arsenal with theΒ Orion augmented-reality glasses. That high-powered eyewear, which isn't yet available for purchase, allows users to view digital images while seeing the world around them. It's aΒ step forward from owning a TV, smartphone, or computer, he told Von.
In a separate Tuesday interview with Dwarkesh Patel, he said, "It's like this huge physical thing, and that's what the holographic overlays allow you to do."
Facebook, Zuckerberg's brainchild, has been a game changer in social media. Meta has also grown its online presence with the additions of Instagram and Threads. It's set to release quarterly earnings Wednesday.
However, Orion is still years away, and its competitors currently include bulkier AR headset options. Zuckerberg told Von that the computer glasses, which reportedly cost $10,000 per pair for Meta to make, are between four and eight years away from production β but he's hoping for four or fewer.
In the real world, "you don't want your physical space to be cluttered," he said. "It wears on you psychologically."
Zuckerberg said he figures it works similarly when it comes to screens and the digital space.
Barbra Streisand to Release Sequel to Her βPartnersβ Album Featuring 'Gifted Artists' from Ariana Grande to Bob Dylan
The best thing about the Masters: No phones
Andrew Redington/Getty Images
- The Masters are underway at Augusta National Golf Club.
- The club enforces a strict no-cellphone policy during the tournament.
- Patrons hope it stays that way.
Troy Wahlberg waited over 15 years to walk across the meticulously manicured landscapes at Augusta National Golf Club.
The golf club, nestled in east Georgia, has hosted the prestigious Masters since 1934. Golf enthusiasts worldwide travel to the annual tournament to watch the sport's best battle for the coveted green jacket.
Wahlberg managed to snag tickets to the Masters through its lottery system. "It's a lifelong dream come true," he told Business Insider.
When he arrived for the practice rounds at Augusta National this week, he had a small point-and-shoot camera in his pocket.
His cellphone, however, was absent.
Augusta National/Augusta National/Getty Images
Attendees are prohibited from bringing cellphones onto Augusta National's grounds during the tournament. Other electronic items, like laptops, tablets, radios, and TVs, are also a no-go at the Masters. Patrons violating these policies could be removed from Augusta National's grounds and lose their tickets.
In the era of ubiquitous screens and nonstop notifications, the Masters keeps things analog.
"It's peaceful," Wahlberg said. "It's like camping. You slowly detach."
Attending the Masters means disconnecting from the world for sometimes hours at a time, which can cause problems for people who rely on our super-connected society for work. A Wall Street Journal reporter wrote that some working in finance who attended the tournament on Wednesday were unaware, for instance, that President Donald Trump announced a 90-day pause on many tariffs until he told them.
Wahlberg felt a "phantom buzzing" in his pocket for the first few hours at the Masters but said the lack of cellphones is part of the event's magic.
"You sit next to other patrons, and nobody has a face in a screen, so you're forced to have conversations," he said. "I couldn't tell you the names of anybody we sat by, but I could rehash all the conversations."
Patrons at the Masters aren't completely off the grid, though. Instead, they wait in line to use pay phones provided by the golf club.
Richard Heathcote/Getty Images
Augusta National also allows patrons to bring cameras during the practice rounds, but they're prohibited on tournament days. "It was neat to have a camera there to capture moments," Wahlberg said. "We got to get our selfies."
The anti-cellphone wave has gained traction in recent years. Garth Brooks banned phones during his Las Vegas residency. Many comedians also now require guests to place their phones in cases until after the show.
Ben Jared/PGA TOUR
Most performers and athletes, however, still perform for a sea of cameras and smartphones. Wahlberg doesn't want that at the Masters.
"I think the patrons and fans of this event would appropriately riot if they ever decided to change," Wahlberg said. "I 100% hope we continue this trend of no cellphones at events."
Fortunately, it doesn't appear Augusta National will change its policy anytime soon.
Masters chairman Fred Ridley discussed the ban ahead of the 2019 tournament, saying patrons appreciated it.
"I don't believe that's a policy that anyone should expect is going to change in the near future, if ever," Ridley said. "I can't speak for future chairmen, but speaking for myself, I think we got that right."