Author: Saqib Hameed
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Nvidia Chief Jensen Huang Reportedly Loses $7.4 Billion in Just 30 Minutes Amid Alleged Chinese Spy Links
Nvidia CEO Jensen Huang reportedly suffered a massive financial setback after losing an estimated $7.4 billion in personal wealth within just 30 minutes of trading on Wall Street. The sudden decline came as Nvidia shares dropped amid growing controversy surrounding his alleged relationship with a businesswoman suspected by US intelligence agencies of having links to…
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Nvidia Risks $270 Billion Over CEO Jensen Affair With Suspected Chinese Spy
Nvidia shares came under significant pressure on Monday, November 9, following reports that the company’s board had initiated an independent investigation involving CEO Jensen Huang. The development triggered investor concerns, sending the semiconductor giant’s stock lower in European and US premarket trading. According to media reports citing LSEG Datastream, Nvidia shares fell more than 6%…
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China Built World’s Smallest Drone That Looks Like a Mosquito
China has unveiled an extremely small mosquito-sized drone, highlighting the country’s growing technological capabilities in military innovation and advanced surveillance systems. Developed by researchers at the National University of Defence Technology, the miniature flying device is designed to support covert military operations, intelligence gathering and reconnaissance missions. Measuring approximately 2 centimetres in length and weighing…
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Binance Faces $6.3 Billion Security Breach in One of Crypto’s Biggest Heists
The cryptocurrency industry faced a major security crisis on Friday after Binance, the world’s largest cryptocurrency exchange, reported a security breach with an estimated impact of $6.3 billion. The incident involved unauthorised transfers of digital assets from wallets used by the platform to process transactions, raising fresh concerns about the security of cryptocurrency exchanges. The…
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China’s AI Stock Market Crash Wipes Out $480 Billion, Raising Questions for Pakistan’s Tech Industry
China’s artificial intelligence (AI) and semiconductor industry is facing a major stock market downturn, with approximately $480 billion in market value wiped out in less than four months. The STAR50 index, which tracks major technology and semiconductor companies, has dropped around 40%, while China’s CSI 300 index has declined approximately 20% from its June highs.…
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