From The Times of India
Owned by Bennett, Coleman & Co.Alice Huang barred from entering country, misled probe into Megaspeed: Singapore
What's behind this
Nvidia Corp. announced on Thursday that long‑time co‑founder Jensen Huang has stepped down as president, chief executive officer and board member with immediate effect. The resignation follows mounting scrutiny over a reported affair with a Chinese businesswoman whom U.S. authorities suspect of Beijing ties, raising national‑security concerns. Huang, 63, ended a 33‑year association with the company. Chief financial officer Colette Kress, who has served in Nvidia’s finance leadership for over a decade, was named interim chief executive. Nvidia shares fell more than 13 % in pre‑market trading, contributing to an estimated $800 billion loss for the week.
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RSS excerpt
Alice Huang, a Chinese entrepreneur, faces a warning and a ban from returning to Singapore as investigations unfold. Authorities are scrutinizing her for allegedly providing deceptive information related to Megaspeed, a data center firm. Although evidence against her is lacking, probes continue into…
