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Nvidia chief executive Jensen Huang has stepped down from his executive and board roles following ethics investigations and congressional…
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Indiana
Jensen Huang has resigned as Nvidia’s president, CEO and director, with CFO Colette Kress taking over on an interim basis. The leadership change follows reports of two affairs and a board investigation into suspected foreign intelligence targeting, raising questions about succession at the AI chipmaker.
Oregon
The water industry’s bonus ban is set to be tightened after Ofwat raised concerns that large executive payments were undermining the rules. Anglian Water faces increased governance monitoring over retention payments worth up to £800,000 for chief executive Mark Thurston, according to The Guardian.
Washington
A Bitcoin.com News excerpt says Democracy Defenders Fund sought a federal investigation into Bo Hines’s ties to Tether. The supplied material identifies the article as an opinion piece but does not include the watchdog’s allegations, supporting evidence or any response from Hines, Tether or federal authorities.
New York
A federal judge in Manhattan refused to stop New York from applying gambling laws to Novig, according to Bitcoin.com News. The judge also criticized a CFTC emergency order shielding Kalshi, highlighting a dispute over how sports prediction contracts should be regulated.
Across sections
World
Médecins Sans Frontières says frontline workers in the Democratic Republic of Congo lack pay, training and essential supplies as Ebola continues spreading. Separately, Africa CDC says more than $700 million in response funding remains unaccounted for to national authorities, describing a transparency gap rather than establishing theft.
Technology
Jensen Huang has resigned as Nvidia’s chief executive and left its board amid an independent investigation into reports of a foreign intelligence effort targeting him. Finance chief Colette Kress will lead the company temporarily while directors search for a permanent successor.
Business
Poundland has won a High Court extension of protection from creditors, giving the discount chain another two weeks to pursue a deal. Owner Gordon Brothers is examining the funding available to three bidders, with approximately 12,000 employees and 600 stores across the UK and Ireland at stake.
Markets
Tron, Tether and Chainalysis announced a Digital Crime Task Force to identify criminal networks, trace illicit stablecoin transfers and help authorities freeze suspicious assets, Bitcoin.com News reported. The supplied report describes the initiative’s objectives but provides no operational details or evidence of completed asset freezes.
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Médecins Sans Frontières says frontline workers in the Democratic Republic of Congo lack pay, training and essential supplies as Ebola continues spreading.…
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