IndustryNews

NVIDIA Faces Setback as Supreme Court Dismisses Appeal in Shareholder Lawsuit

11 days ago

In a significant legal development, NVIDIA, the giant semiconductor company, has encountered a major hurdle as the U.S. Supreme Court has decided to dismiss an appeal concerning a shareholder lawsuit. This dismissal comes as NVIDIA has been under scrutiny regarding allegations that the company misled investors about its financial performance and the implications of the ongoing regulatory landscapes affecting its operations.

The Comeback of Binance's CZ: Plans Beyond Incarceration

1 month ago

In a surprising turn of events, Changpeng Zhao, widely known as CZ, the founder and CEO of Binance, is strategizing his life after serving time in prison. Following significant legal challenges and regulatory scrutiny that have plagued Binance, Zhao's post-incarceration game plan is capturing the attention of the cryptocurrency world. As one of the most influential figures in the crypto industry, his return raises questions about the future of Binance and the broader market landscape.

EQT Weighs Stake Sale in Hearing Aid Giant WS Audiology

3 months ago

According to reports, leading private equity firm EQT AB is considering the partial sale of its stake in WS Audiology, one of the world's largest hearing aid makers. The Swedish investment giant is weighing the partial sale of the company internally, if sources close to the matter are to be believed, as part of its broader strategy to pare and optimize the portfolio for maximum return.

House Approves Permit Exemption for Chips, Sending Bill to Biden

3 months ago

In what finally might provide the needed momentum for semiconductor manufacturing in the United States, the House of Representatives passed a bill that exempted chip production facilities from permits. The bill now goes to President Biden's desk-targeting the expediting of permitting processes so as to establish and expand semiconductor plants faster, overcoming the current shortage of chips.