Jensen Huang, longtime CEO of the AI chip giant Nvidia, is facing an investigation from the company's board after disclosing he had a romantic relationship with a woman that U.S. officials have accused of spying for China. Nvidia's board of directors announced Sunday it is opening a probe into reports that Huang had been "the...
Read full articleThis year's Naples Island Holiday Boat Parade has been canceled because of expected high tides and surf that organizers said would make the event unsafe for visitors and participants.
Jensen Huang, longtime CEO of the AI chip giant Nvidia, is facing an investigation from the company's board after disclosing he had a romantic relationship with a woman that U.S. officials have accused of spying for China. Nvidia's board of directors announced Sunday it is opening a probe into reports that Huang had been "the...
A woman narrowly escaped death after a folding table fell from an industrial building in Hong Kong and landed beside her on Monday evening, leaving her with only a minor hand injury. Police later arrested a man in connection with the incident, which occurred at about 6.15pm on Cheung Shun Street outside Maxim’s Centre in Cheung Sha Wan. Video circulating online shows the 32-year-old woman walking along the pavement towards the rear of a parked car. She is about to open the boot and place items...
The Riverside County Fire Department said the two skydivers suffered traumatic injuries and were taken to a local hospital in critical condition.
Shares of Nvidia fell Monday morning, after the company opened an investigation into CEO Jensen Huang’s reported affair with a woman U.S. intelligence officials believe is a Chinese spy. The company’s stock opened down 7.3 percent from Friday’s closing bell, and it ticked down to $170.24 per share during early-morning trading. That marked the lowest...
Shares of Nvidia fell Monday morning, after the company opened an investigation into CEO Jensen Huang’s reported affair with a woman U.S. intelligence officials believe is a Chinese spy. The company’s stock opened down 7.3 percent from Friday’s closing bell, and it ticked down to $170.24 per share during early-morning trading. That marked the lowest...
Vice President Vance is set to headline a Small Business Administration (SBA) event Monday as the GOP grapples with the fallout from their sweeping midterm losses. The appearance comes days after Vance blamed the GOP's defeats on the war in Iran, arguing that voter frustration over the conflict and rising costs drove longtime Republican supporters...
Nvidia is facing an unprecedented valuation test as a board inquiry into CEO Jensen Huang exposes the US chipmaker to a rare key-person risk, while investors also weigh the midterm elections’ potential impact on Washington’s chip controls and AI regulation. The company’s shares slumped 7.3 per cent as markets opened in the United States on Monday, following Huang’s bombshell confirmation over the weekend that he had been unfaithful to his wife and would cooperate with an investigation into his...
China has released new images of its GJ-11 stealth combat drone, offering a closer look at the advanced design and high-performance features of the next-generation uncrewed aircraft. The images appeared on Monday in a report by state broadcaster CCTV counting down to the 77th anniversary of the PLA Air Force on Wednesday. For the first time, viewers were given a close-up look at the GJ-11’s large internal weapon bay, highlighting its serrated edges. The design suggests that the drone can house...
The government of Lithuania asked Taipei to change the name of a controversial representative office in Vilnius before Beijing’s National Day last month, according to explosive media reports in the tiny Baltic state. The twist comes as Vilnius seeks to restore diplomatic ties with Beijing, which have been frozen since the opening of the office in 2021. Reports in Delfi, a Lithuanian news portal, on Monday said a deputy foreign minister delivered a letter to Taipei’s representatives – including...
Hoban Group’s rise as Hanjin KAL’s largest shareholder is giving Delta Air Lines greater leverage in the power struggle over Korean Air’s holding company as Chairman Cho Won-tae seeks to retain control. Hoban and its affiliates held a 20.69 percent stake in Hanjin KAL as of Wednesday, narrowly surpassing Cho and related parties at 20.58 percent. Cho has agreed to purchase another 325,000 shares for 37.05 billion won ($27 million), which could lift his side’s stake to 21.06 percent and restore its position as the largest shareholder. The increasingly close shareholding structure, however, has heightened the importance of major shareholders outside the two rival camps. Delta owns 14.9 percent of Hanjin KAL, while the state-run Korea Development Bank (KDB) holds 10.58 percent. Together with Cho’s stake, the three parties account for about 46 percent of Hanjin KAL. Excluding KDB from consideration for any future Korean Air deal due to its unique status as a public financial institution, Delta is emerging as an unexpected beneficiary of the renewed power struggle between Cho and Ho