White House sends CFTC, SEC nominations to Senate
President Trump on Thursday nominated two officials each to the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). Trump nominated Democrat Kristin Johnson a...
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Will Jensen Huang’s downfall tip the scales against open-source AI?
Jensen Huang’s abrupt resignation from Nvidia has cast uncertainty over the US chip giant’s multibillion-dollar investments in open-source artificial intelligence, while potentially depriving Chinese ...
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Lutnick agrees to testify before Congress amid bipartisan concerns
Commerce Secretary Howard Lutnick has agreed to testify before Congress amid bipartisan concerns about the Nvidia spy scandal and the agency's enforcement of chip export controls. Lutnick has "proacti...
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Jensen Huang resigns as NVIDIA CEO amid affair and investigations
MANILA, Philippines — NVIDIA CEO Jensen Huang has resigned after admitting to his affair, and investigations on Huang as a target by foreign intelligence efforts. Huang’s resignation as company presid...
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Microsoft 'seeing encouraging recovery progress' in global Outlook, Teams outage
Microsoft is still working to restore access to its services after a massive global outage impacted dozens of its services on Thursday. The company said early Friday that it is “seeing encouraging rec...
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China's memory makers are catching up. What happens when they do?
The memory business has rarely had it this good, thanks to the artificial intelligence (AI) boom. Korea’s chipmakers are reporting extraordinary earnings and unusual confidence that the good times wil...
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Conversion of credit card points to cash vouchers to be allowed starting May
Credit card users will be able to convert their dormant reward points into regional cash vouchers starting May next year, officials said Friday, as part of efforts to boost consumption and breathe vit...
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Google complies with Korea's security requirements for high-precision map data: gov't
The Korean government said Friday that Google has complied with security requirements imposed as a condition for allowing the transfer of high-precision map data overseas. The Ministry of Land, Infras...
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Hourslong Microsoft outage disrupts Korean companies' daily operations
A global Microsoft outage disrupted operations at major Korean companies on Friday, leaving some employees unable to access emails, coordinate with business partners and manage daily workflows as the ...
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Woori Bank chief wins extra year as rivals await term decisions
Woori Bank CEO Jung Jin-wan has secured a one-year extension of his term, becoming the first among the heads of Korea's five major commercial banks whose terms expire at the end of this year to win an...
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KAI, Indonesia's PTDI to expand KF-21 production partnership
Korea Aerospace Industries (KAI) said Friday it has agreed to expand cooperation with Indonesia's state-run aircraft manufacturer PT Dirgantara Indonesia (PTDI) in the field of aviation, including KF-...
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Nvidia confirms planned supply of GPUs to S. Korea despite Huang's resignation: science minister
U.S. tech giant Nvidia Corp. has confirmed its commitment to deploying up to 260,000 graphics processing units (GPUs) in South Korea in partnership with South Korean companies, Seoul's science ministe...
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[COVER STORY] Ownership battle over Korean Air fuels stock premium, volatility
Hoban Group is facing a strategic dilemma over its next move in its ongoing ownership battle with Hanjin Group Chairman Cho Won-tae, as sharp swings in Hanjin KAL’s stock make it increasingly costly f...
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Hoban gains $822 mil. in Nov. from Hanjin KAL stake
Hoban Group’s stake in Hanjin KAL, the holding company of Hanjin Group, gained an estimated 1.1 trillion won ($822 million) in market value this month through Friday amid sharp share price swings fuel...
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Personal data of startup support program participants leaked in cyberattack
Personal information of participants of a government-backed startup program has been leaked following a cyberattack against a company supporting the program, the startups ministry said Friday. The art...
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Jensen Huang’s exit tests Nvidia’s supply chain clout, ability to bankroll AI buildout
For years, Jensen Huang was more than Nvidia’s CEO – he was a key figure driving the artificial intelligence boom, parlaying close ties with Asian chip foundries and aggressive financial backing into ...
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How Jensen Huang's resignation from Nvidia is threatening AI-powered economy
Jensen Huang’s departure from Nvidia threatens the stability of the AI industry and the market as a whole, as experts express differing outlooks on the chipmaker’s future. Huang resigned as CEO of the...
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Jensen Huang quits, China trade surplus hits US$1 trillion, Xi-Trump summit
Jensen Huang resigned as chief executive officer of chipmaker Nvidia following an affair with an alleged Chinese spy, boosting the odds of tighter US export controls against China days before the coun...
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[COVER STORY] What's Hoban's next step?
Hoban Group is facing a strategic dilemma over its next move in its ongoing ownership battle with Hanjin Group Chairman Cho Won-tae, as sharp swings in Hanjin KAL’s stock make it increasingly costly f...
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Hoban's Hanjin KAL stake gains $822 million in Nov. amid sharp share price swings
Hoban Group’s stake in Hanjin KAL, the holding company of Hanjin Group, gained an estimated 1.1 trillion won ($822 million) in market value this month through Friday, despite sharp share price swings....
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Kerala’s moment: Five lessons from IvyCap’s Vikram Gupta on turning talent into scale
In 2019, Ubisoft invited me to Paris. As I strolled through Station F, the sprawling startup campus that French billionaire Xavier Niel opened in 2017, I ran into a name I never expected to see nearly...
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Jensen Huang’s abrupt exit stuns Nvidia’s China staff, clouding the outlook in a key market
Jensen Huang’s abrupt resignation stunned some Nvidia staff in China and raised questions about the future of the US chipmaker’s operations in a market its co-founder had spent years cultivating, acco...
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Jensen Huang resigns from Nvidia as alleged spy affair wipes US$300B
Jensen Huang has stepped down as president and chief executive of Nvidia. In a regulatory filing, the chipmaker said its board accepted his resignation on Wednesday, days after Huang admitted to an af...
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China’s SMIC sees AI computing crunch until 2028 as Nvidia heat risks tighter chip curbs
China’s Semiconductor Manufacturing International Corporation (SMIC) is betting that a relentless data centre buildout will keep artificial intelligence computing power in short supply for the next tw...
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Build what matters or what gets funded? India’s VCs say the real gap sits in the founder’s head
There is no spreadsheet for this. You cannot plug in a dozen parameters, hit enter and receive a verdict on whether a startup matters. That was the opening salvo at a Huddle Global 2026 panel provocat...
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The Swift premium: What Singapore’s exclusive Eras Tour deal taught ASEAN about cultural economics
When Singapore arranged exclusive Southeast Asian dates for Taylor Swift’s Eras Tour in March 2024, six shows, only stop in the region, the diplomatic and economic discussion that followed was one of ...
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Your buyer is probably not Singaporean: What 2,488 acquirers tell founders planning an exit
Ask a Singapore founder who might buy their company and you usually get three names: the biggest local competitor, a supplier, maybe a customer. It is a sensible guess. On the data, it is also usually...
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AI didn’t eliminate our work. It changed what our team could do
What happens when your team needs a designer, a salesperson and a researcher, but you don’t have the resources to hire all three? For many small businesses, this is a familiar challenge. I lead Storie...
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The Philippines trusts AI more than anyone in ASEAN. Its rulebook hasn’t caught up
Picture a claims officer in Makati pasting a customer’s medical file into a free chatbot to draft a rejection letter before lunch. Upstairs, her CEO signs off on a market-entry plan stitched together ...
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Trump told Huang to fight for his job after affair scandals: Report
President Trump called outgoing Nvidia CEO Jensen Huang and told him to fight for his job ahead of his resignation, The New York Times reported on Thursday, citing two people briefed on the conversati...
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