Jensen Huang resigns as NVIDIA CEO amid affair and investigations

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 artificial intelligence solutions company detected a hacking attack on Wednesday, which compromised the personal data of 20,028 people, including 818 participants of the startup support program, according to the ministry. The leaked information includes the names, phone numbers and email addresses of service users. The data leak took place just months after personal information of 5,000 participants of the startup program was leaked in June in a similar hacking attack. The ministry had announced measures in July to strengthen security for the program and prevent future attacks.

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 company he built from the ground up, Nvidia’s board of directors announced Thursday, after The New York Times reported on a pair...

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 for either side to keep buying shares to maintain the top shareholder position. Hoban became Hanjin KAL’s largest shareholder on Nov. 4 after increasing its stake to 20.69 percent, narrowly overtaking the 20.58 percent held by Cho and his affiliates. The shift followed a surge in Hanjin KAL shares. The stock has since become even more volatile. It hit a record high of 245,000 won on Tuesday before plunging to an intraday low of 185,000 won on Thursday and closing at 203,500 won on Friday. The sharp swings have added to the financial burden on both sides as they continue to accumulate shares in their battle for control. Hoban has three possible options for its next move. The first is to sell its stake through a block deal. Hoban could negotiate with Cho around next year's annual shareholders meeting over whether to halt further purchases and participate in Hanjin KAL's board. If an agreement

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. Its value also rose by about 265.2 billion won from Nov. 4, when Hoban was disclosed as the company’s largest shareholder. Hoban emerged as Hanjin KAL’s second-largest shareholder in 2022 and steadily increased its holdings before overtaking Hanjin Group Chairman Cho Won-tae and related parties. The Nov. 4 disclosure showed that Hoban and related parties held 13,814,053 common shares, or 20.69 percent, narrowly ahead of Cho’s bloc at 20.58 percent. Hanjin KAL shares climbed from 123,900 won on Oct. 30 to 184,300 won on Nov. 4, reaching a closing peak of 239,000 won on Tuesday, a 92.9 percent increase from October’s final close. Profit-taking subsequently pushed the stock down 14.64 percent on Wednesday and another 0.49 percent Thursday. It edged up 0.25 percent Friday to close at 203,500 won. Assuming Hoban’s disclosed shareholding remained unchanged, its stake was worth about 2.8

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 8,000 km from home: Kerala Ventures. A venture capital firm, founded by French partners, named after the state I […] The post Kerala’s moment: Five lessons from IvyCap’s Vikram Gupta on turning talent into scale appeared first on e27.

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 affair with Alice Huang, a former executive at Singapore-registered Megaspeed International whom US officials suspect of spying for China. Chief financial officer Colette […] The post Jensen Huang resigns from Nvidia as alleged spy affair wipes US$300B appeared first on e27.

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 provocatively titled “The VC Truth: Build What Matters, Not What Gets Funded”, where three Indian venture capitalists spent the better […] The post Build what matters or what gets funded? India’s VCs say the real gap sits in the founder’s head appeared first on e27.

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 the more publicly visible moments of ASEAN economic competition in recent memory. Thai officials publicly questioned the arrangement. The Philippines registered concern. Indonesian […] The post The Swift premium: What Singapore’s exclusive Eras Tour deal taught ASEAN about cultural economics appeared first on e27.

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 the wrong pond. At Ayebot we keep a register of potential acquirers for Southeast Asian companies. As at 19 […] The post Your buyer is probably not Singaporean: What 2,488 acquirers tell founders planning an exit appeared first on e27.

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 Stories of Asia (SOA), where our work spans several areas, including leadership development through SEED Academy, personal and leadership branding through […] The post AI didn’t eliminate our work. It changed what our team could do appeared first on e27.

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 by the same kind of tool. Nobody has told either of them what is allowed, because in most Philippine companies, nobody has […] The post The Philippines trusts AI more than anyone in ASEAN. Its rulebook hasn’t caught up appeared first on e27.

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 conversation. Huang resigned as CEO of one of the world’s most valuable companies after reports emerged of multiple extramarital affairs, including one...