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Results for “spy scandal”

China's 'impossible to ignore' tech rise on display at Web Summit in Lisbon

One of Europe's biggest annual tech events, the Web Summit, kicked off in the Portuguese capital this week with the biggest ever delegation of Chinese business leaders and policymakers. FRANCE 24's Charles Pellegrin talks to Dr. Dan Wang, China Director at Eurasia Group, about EU-China tech relations, the climate of suspicion created by the spying scandal at Nvidia, and what the EU's quest for tech sovereignty could mean for China.

France 24 · 12h ago
Nvidia and Jensen Huang sued by shareholders over affair with alleged Chinese spy

Legal action comes as Donald Trump says FBI is investigating tech company CEO’s links with Alice Huang Business live – latest updates Nvidia’s board needs to do some succession planning – sharpish Nvidia and its chief executive, Jensen Huang, have been accused of defrauding shareholders in a lawsuit over the Chinese spying scandal engulfing the $4.3tn (£3.2tn) company. The legal action came as Donald Trump said the FBI was investigating Huang’s affair with an alleged Chinese spy. Continue reading...

The Guardian · 15h ago
Nvidia shareholders sue Jensen Huang over alleged spy ties

Nvidia shareholders have sued the chipmaker and its CEO, Jensen Huang, over his alleged ties to a suspected Chinese spy. The case adds to scrutiny over whether sensitive information at the AI giant was compromised.

Deutsche Welle · 22h ago
Nvidia: honeypot may have been aimed at 'lobbying Jensen Huang to lobby the US government'

Nvidia ⁠and ​Chief ​Executive Jensen Huang were ​sued ‌on ⁠Monday ‌in ⁠a proposed class ​action accusing ‌them of ‌defrauding ​shareholders by concealing Huang's ties ​with ​a ​suspected ​Chinese spy. Speaking with FRANCE 24's Sharon Gaffney, Steve Tsang, Director of the SOAS China Institute, says that the affair "can also be about effectively lobbying Jensen Huang to lobby the US government, because he is a very powerful figure, particularly during the Trump administration, and he, for whatever reason, has been taking a position that is beneficial to Chinese development and advancement of its AI capacity".

France 24 · Nov 9
The Nvidia Affair

An illicit relationship between the C.E.O. and an alleged Chinese spy is putting the spotlight on a murky ecosystem of companies smuggling A.I. chips into China.

The New York Times · Nov 9
Nvidia's Huang scandal rattles AI industry built around him

Nvidia chief Jensen Huang sits at the center of the artificial intelligence boom, and the spy scandal that erupted over the weekend threatens to shake the company at a time when confidence in the AI investment frenzy is already fragile. Taiwan-born Huang is regarded as the godfather of the AI economy, the executive every player in the industry must turn to because the technology depends on the graphics processing units (GPUs) that his company designs. FRANCE 24's Wassim Cornet reports from Los Angeles.

France 24 · Nov 9
The AI poster boy, the ‘Chinese spy’ and Trump: how an affair may have harmed US security

Jensen Huang’s close relationship with president means Nvidia CEO’s affair with woman alleged to be working for Beijing is a big deal A hand on the back, a kiss on the cheek; the footage of Alice Huang’s interaction with Jensen Huang in a Taipei venue last year does not seem particularly remarkable at first glance. But the Nvidia chief executive’s revelation on Sunday that he had an affair with Ms Huang has given it new significance. Continue reading...

The Guardian · Nov 9
Nvidia shares tumble after spy probe announced

Shares of artificial intelligence leader Nvidia tumbled early Monday after the chip company said it launched an investigation of CEO Jensen Huang following reports he was targeted by Chinese intelligence. Nvidia shares were down more than eight percent in opening trading after its board announced that a committee of independent directors assisted by outside counsel would undertake the probe.

France 24 · Nov 9
Silicon Valley and Trump rally behind Nvidia CEO after his affair with alleged Chinese spy

Elon Musk and other finance moguls defend Jensen Huang after he admitted to the affair in an email to employees Donald Trump, Elon Musk and prominent finance moguls have expressed their support for embattled Nvidia CEO Jensen Huang, as the head of the world’s most valuable chip company faces an internal investigation over a romantic relationship with an alleged Chinese spy. “I have not ​spoken to him about it,” Trump told reporters on Sunday. “I just know he’s a fine person, but you never know what is going on. I’m sure, I hope everything’s fine. He’s done such an incredible job”. Continue reading...

The Guardian · Nov 9
Nvidia in turmoil as China denies spying claims

Nvidia shares tumbled this Monday after the AI chipmaking giant said it would investigate its CEO's affair with a suspected Chinese spy. There are concerns Jensen Huang was targeted by a foreign intelligence effort following a media report that he had a close relationship with a Chinese businesswoman who allegedly passed information to Beijing. China, meanwhile, has slammed the spying allegations as a "smear campaign".

France 24 · Nov 9
Nvidia CEO probed over alleged China spy: Who exactly is Jensen Huang?

AI chip behemoth Nvidia was plunged into turmoil Monday, November 9, after its high-profile CEO Jensen Huang acknowledged having an affair, with reports saying US officials believe the woman was spying for China. But who exactly is Jensen Huang, and why does this case matter so much?

France 24 · Nov 9
Nvidia stocks tumble as CEO investigated over spy claims | First Thing

Jensen Huang reportedly had close relationship ‌with Chinese businesswoman who passed information to ‌Beijing. Plus, tennis legend Billie Jean King tells all Good morning. Nvidia’s chief executive, Jensen Huang, has been placed under “independent investigation” by the tech company after reports emerged he had been “the target of a foreign intelligence effort”, namely a close relationship ‌with a Chinese businesswoman who is accused of passing information to ‌Beijing. Nvidia stock is down 5% in pre-market trading as a result. The company’s board said in a statement that while it has no reason to believe that either US national security or Nvidia secrets were compromised, its inquiry will examine all available information. Republican lawmakers have expressed alarm, asking Huang to give the House foreign affairs and intelligence committees a closed-door briefing next week on Nvidia’s “security protocols against foreign adversary espionage”. The Guardian will have extensive coverage of the Cop31 conference, including a daily live blog , and these explainers on what is at stake and what the talks can achieve , and who the key players are . Find all of our Cop31 coverage here . Continue reading...

The Guardian · Nov 9
Why Nvidia CEO's affair with alleged Chinese spy matters

Nvidia CEO Jensen Huang has apologized for an affair with a woman the US believes was spying for China. The story could have profound implications for the world's most valuable company and the global AI race.

Deutsche Welle · Nov 9
‘Windrush’ accusations over sharp rise in Turkish nationals facing removal from UK

David Lammy among those raising concerns after errors found in rejected applications for indefinite leave to remain Concerns have been raised over the sudden rise in number of Turkish nationals facing removal from the UK as a result of mistakes, prompting accusations that the Home Office has failed to learn the lessons of the Windrush scandal. Since the start of the year, there has been a sharp rise in the number of rejected applications for indefinite leave to remain for those on European Community Association Agreement (ECAA) visas, a longstanding route to residency for Turkish nationals seeking to set up a business in the UK. Continue reading...

The Guardian · Nov 8
Banking scandal topples Paraguay leader

Paraguay’s ousted president Santiago Peña has been placed under house arrest after senators unanimously voted to remove him over a banking scandal. The collapse of Ueno Bank left nearly three million customers unable to access their savings. Peña denies any wrongdoing, while his successor, Pedro Alliana, has pledged to compensate those affected.

France 24 · Nov 7
Ousted Paraguay president under house arrest after bank collapse

Paraguayan authorities placed ousted president Santiago Peña under house arrest on Friday, shortly after the Senate removed him from office over a massive banking crisis that locked nearly half of Paraguayans out of their savings. Peña offered his resignation over the scandal, but lawmakers pressed ahead with impeachment proceedings that stripped him of political immunity.

France 24 · Nov 7
Ueno Bank scandal plunges Paraguay into political crisis

Suspected financial fraud, public money at risk and millions of customers affected: Paraguay is in serious crisis following the sudden collapse of Ueno Bank. President Santiago Pena is facing impeachment.

Deutsche Welle · Nov 6
US midterms mark 'the beginning of the end' for Trump, John Bolton says

In an interview with FRANCE 24, John Bolton, who served as national security adviser to Donald Trump during his first term, called the US midterm results "the beginning of the end" for Trump's stranglehold on the Republican Party. Democrats regained control of both the House of Representatives and the Senate earlier this week, marking the Republicans' worst performance since the 1974 elections in the wake of the Watergate scandal.

France 24 · Nov 6