Who is Nvidia's interim CEO Colette Kress - and who could take over permanently?
The influential co-founder of the AI chip-making giant resigned on Thursday over reports of extramarital affairs, one of which was with a woman suspected of being a Chinese spy. Chief financial officer Colette Kress is…
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Chip-wreck: Nvidia sheds $600bn on Huang exit
The sell-off spread across the wider tech sector, with AI cloud computing firm Coreweave falling six per cent, while the tech-heavy Nasdaq and S&P 500 also opened lower. Huang stepped down after 33 years at the helm of…
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Who is Nvidia’s new interim CEO?
Kress, who joined Nvidia in 2013, takes over after Huang’s 33-year reign ended following revelations of two extramarital affairs, including one involving a woman suspected of spying for China. Her appointment comes as…
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Jensen Huang is a cautionary tale of putting too much power in one man’s hands
As we’ve seen with the recent scandal of the CEO of Nvidia, Jensen Huang, who resigned today , this can be a dangerous strategy in a crisis. His affair with an alleged Chinese spy has led to company-wide reputational…
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Poundland gets more time to secure a rescue deal as emergency talks continue
A deadline to secure a buyer for the retail chain was set to expire at midnight, but a court has given Poundland an extra 10 days to find a buyer. The discount chain, which has 11,000 employees, has been edging towards…
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British Airways sued £50,000 by US passenger after falling on ‘damp’ plane steps
According to documents filed in the High Court, Melissa Phillips, who was travelling back to Maryland in the US, where she lives, from Israel via Heathrow, suffered fractures in her left fibula and tibia after falling…
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Huang Out: Nvidia boss resigns over affairs
The departure brings an extraordinary end to the reign of one of Silicon Valley’s most influential figures, who transformed Nvidia into the chipmaker powering the global artificial intelligence boom. The decision comes…
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Poundland owner secures two extra weeks to ensure retail chain’s survival
The management of Poundland , which employs approximately 12,000 people and operates 600 stores in the UK and Ireland, won approval from the high court for an extension of legal protection from creditors on Thursday…
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Faisal Islam: Why the UK economy is surprisingly resilient
"Top gear" and "strikingly strong" were among the descriptions of the 0.7% growth offered by the economists who track every minor murmur of Britain's economy. It is an upgrade on "solid" and "resilient", and in turn a…
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Corporate report: Named tax avoidance schemes, promoters, enablers and suppliers
Get emails about this page Documents Current list of named tax avoidance schemes, promoters, enablers and suppliers HTML List of tax avoidance schemes subject to a stop notice HTML Information HMRC may publish about tax…
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