PRESS DIGEST-New York Times business news - Aug 11
Aug 11 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
- Chipmakers Nvidia NVDA.O and Advanced Micro Devices AMD.O are expected to pay the United States 15% of the money they take in from selling artificial intelligence chips to China, as part of a highly unusual financial agreement with the Trump administration.
- AOL announced that it will discontinue its dial-up internet service next month, marking the end of a 34-year offering that is synonymous with the early days of the internet.
- Ships carrying Chinese cars are using the Red Sea and Suez Canal even as other vessels still sail around Africa in fear of attacks by the Houthi militia.
- Horror movie 'Weapons' gives Warner Bros WBD.O its sixth breakout hit in a row over the weekend. The original horror movie from Warner's New Line Cinema division, sold an estimated $42.5 million in tickets in the United States and Canada.
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