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CNA Economy
Jensen Huang affair weighs on Nvidia shares as other chip stocks rally
Nvidia bucked a broader tech rebound on Monday as investors weighed the fallout from the controversy surrounding CEO Jensen Huang. But analysts say the chipmaker's underlying business remains strong.
CNA Economy
What we know about Megaspeed, Singapore-based customer of Nvidia
The US is looking into Nvidia CEO Jensen Huang’s affair with Chinese businesswoman Alice Huang, who is an alleged spy and a former executive at Megaspeed.
CNA Economy Full text
Australia regulator rejects warning of internet safety bill chilling free speech
SYDNEY, Nov 10 : Australia's internet regulator on Tuesday rejected warnings from tech giants that a proposed online safety law would trigger widespread censorship by platforms anxious to avoid liability, arguing that their business models…
CNA Economy Full text
SoftBank books $7 billion quarterly loss on US data centre hit
TOKYO: Technology investor SoftBank Group said on Tuesday (Nov 10) it booked a net loss of 1.1 trillion yen (US$7 billion) in the July-September quarter, hit hard by hefty advance payments it made to support the buildout of data centres in…
CNA Economy Full text
Analysis:Market rout tests BOJ's upbeat view of financial conditions
TOKYO, Nov 10 : The recent volatile swings in global markets are putting greater attention on the Bank of Japan's assessment of financial conditions, a key component of its policy framework that could sway the pace and timing of interest…
CNA Economy
Qantas to cut 850 jobs as it rushes to keep pace with AI
"Leading organisations around the world are well progressed in using technology and AI to completely transform how they work, and standing still is not an option for us," Qantas chief executive Vanessa Hudson said.
CNA Economy
Australia to mandate AI breach reporting, create regulator after OpenAI breach
Australia had voiced deep unease earlier this year after a prototype OpenAI model bypassed safeguards during training and hacked into a government website.
CNA Economy
Dollar sellers hit pause for US inflation data
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