Kalshi ends Donald Trump Jr. advisory role, pointing to Polymarket ties
Kalshi has ended Donald Trump Jr.’s advisory role with the company after his firm, 1789 Capital, increased its investment in Polymarket earlier this year. “We have mutually agreed to end Don’s advisory role after his firm’s significant investment in a competitor this past summer,” Kalshi spokesperson Dani Lever said in a statement. “We are grateful...
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Junk bond ratings on troubled LAX people mover drop again as key deadline nears
Fitch Ratings significantly downgraded the LINXS Skylink people mover project at LAX as it continues to face setbacks while approaching a key deadline.
Microsoft investigating as global outage hits Outlook, Teams and CoPilot
The tech giant says its infrastructure has been strained by "a number of servers being unexpectedly unavailable".
Almost 20,000 reports a minute as Microsoft hit by widespread outage
Microsoft is turning servers off and on again as it works to fix an outage affecting tens of thousands of users all around the world.
Lawmakers want answers after Nvidia's Huang steps down
Nvidia's Jensen Huang resigned Thursday as CEO amid an explosive spy scandal, but Washington isn't letting him off the hook. Lawmakers on both sides of the aisle said they still want to hear from the ex-Nvidia chief amid national security concerns about his involvement with a woman who U.S. officials concluded was passing information to China. "Jensen...
Lawmakers want answers after Nvidia's Huang steps down
Nvidia's Jensen Huang resigned Thursday as CEO amid an explosive spy scandal, but Washington isn't letting him off the hook. Lawmakers on both sides of the aisle said they still want to hear from the ex-Nvidia chief amid national security concerns about his involvement with a woman who U.S. officials concluded was passing information to China. "Jensen...
Nvidia’s hunt for Jensen Huang’s successor: insiders, rivals and a Trump pick
Nvidia is searching for its first new leader in 33 years after Jensen Huang quit on Thursday, with interim chief Colette Kress, veteran engineers, members of Huang’s own family and the bosses of rival chipmakers all touted as possible successors. The AI chip giant was left without the only leader it has ever had when Huang, 63, stepped down as president, chief executive and board member. The move was announced with immediate effect, according to a company filing with the US Securities and...
Brisbane couple gives $100,000 prize to artwork demonstrating ‘Australian pride’
The Banksia Prize, now the richest prize for an artwork in Queensland, was won by an artist specialising in the natural world.
Brisbane couple gives $100,000 prize to artwork demonstrating ‘Australian pride’
The Banksia Prize, now the richest prize for an artwork in Queensland, was won by an artist specialising in the natural world.
Jensen Huang, Nvidia’s Ousted CEO, Was the Face of the A.I. Boom Powering the U.S. Economy
Nvidia’s ousted leader was a unique rhetorical and financial booster for investments that are driving economic growth.
Live updates: Huang exits Nvidia; Democrat locks down Kansas governor's mansion
Nvidia CEO Jensen Huang resigned Thursday from the company he co-founded after revelations of extramarital affairs, including one with a woman alleged to be a spy for China. Kansas state Sen. Cindy Holscher was projected to win the governor's mansion Thursday, more than a week after Election Day. Holscher defeated Republican Kansas Senate President Ty...
Jim Banks calls for Lutnick to testify on Nvidia CEO controversy, alleging 'loophole' use
Sen. Jim Banks (R-Ind.) called on Commerce Secretary Howard Lutnick to testify regarding his involvement with former Nvidia CEO Jensen Huang’s relationship with an alleged Chinese spy, accusing Lutnick of using a “loophole.” “This news is as concerning as it gets,” Banks said Thursday during an appearance on Fox News. “When you're in a war...
US invests in Peru’s Callao as port battle with China’s Chancay megaport continues
The United States has paid to design a port infrastructure programme at Callao, the US State Department said on Thursday, as Peru moves its main naval base to expand the country’s busiest port, which rivals a Chinese-controlled megaport less than 80km up the coast at Chancay. The US$4.5 million payment was disclosed in a note on a trip to Peru and Colombia earlier this month by Thomas DiNanno, State Department undersecretary for arms control and international security, whose remit includes...