Intel Executives Accused of Mismanagement, Facing Massive Lawsuit from Shareholder LRTrustIntel Corporation is embroiled in a significant lawsuit filed by LRTrust, a major shareholder, against several executives and directors, including former CEO Pat Gelsinger and interim co-CEO and CFO David Zinsner. The lawsuit centers on allegations of mismanagement leading to the poor performance of Intel's Foundry Services (IFS) division, demanding the return of compensation and compensation for shareholder losses...

NVIDIA's Troubles in China: Antitrust Investigation and Supply Cut Rumors Shake the MarketAccording to a report in the Southern Metropolis Daily on December 13, 2024, the root of the current turmoil can be traced back to 2019. That year, NVIDIA spent nearly $7 billion to acquire all equity in Israeli chipmaker Mellanox...

China's Antitrust Probe of Nvidia: A $5 Billion Fine and a Global Chip WarChina's antitrust investigation into American chip giant Nvidia, with a potential fine of up to $5 billion, has drawn global attention. The move immediately wiped 640 billion RMB off Nvidia's market capitalization, causing it to be overtaken by Apple and losing its position as the world's most valuable company...

Nvidia's "Sudden Change of Fortune": A Global Shockwave Triggered by an Antitrust Investigation in ChinaOn December 9th, a bombshell announcement rocked the global tech world: Nvidia, the American chip giant, is under investigation in China for alleged violations of anti-monopoly laws. This investigation not only sent shockwaves through Nvidia but also profoundly impacted the global chip industry landscape, becoming a landmark event in China's push for domestic substitution and the maintenance of fair market competition...

The Fall of Northeast Yu Jie's Livestream Empire: A Trust Crisis Sparked by "Pure Sweet Potato Noodles"Northeast Yu Jie, a northeastern woman who rapidly rose to fame on livestreaming and short video platforms, captivated millions of followers with her boisterous personality and the stark contrast between her lifestyle and that of her husband, "Lao Kuai." This built a massive livestreaming e-commerce empire generating over 100 million yuan in sales...

Nvidia CEO Jensen Huang May Avoid $8 Billion in Estate Taxes: Trusts and Tax Strategies Under ScrutinyThe New York Times reports that Nvidia founder and CEO Jensen Huang may have successfully avoided up to $8 billion in estate taxes by utilizing specific mechanisms within US tax law. This report has sparked widespread attention and once again thrusts the tax avoidance strategies of American billionaires into the public spotlight...

Microsoft Accuses FTC of Leaking Antitrust Investigation Details, Demands Inspector General InvestigationMicrosoft has formally accused the Federal Trade Commission (FTC) of inappropriately leaking details of its antitrust investigation into the company's cybersecurity, cloud storage, and artificial intelligence businesses, and has requested an investigation by the FTC's Inspector General. This follows a Bloomberg News report, subsequently confirmed by multiple other media outlets, that the FTC is conducting a broad investigation into Microsoft's cloud computing and software licensing businesses, cybersecurity services, and AI products...

The Sanitary Napkin Industry's Collective "Collapse": Where is Consumer Safety and Trust?Recently, several well-known sanitary napkin brands have been collectively condemned by consumers for issues such as reduced product length and quality problems, causing industry-wide shockwaves. This is not an isolated incident, but rather a concentrated eruption of long-standing problems prevalent in the sanitary napkin industry, exposing deep-seated contradictions such as a lack of industry integrity, insufficient regulation, and inadequate consumer protection...

Three Little Sheep Caught in a Public Opinion Whirlpool: Can They Regain Trust Amidst False Advertising and Product Quality Issues?Recently, Three Little Sheep Network Technology Co., Ltd...

Unity Officially Reverses "Runtime Fee" Policy Following Former CEO Departure and Trust CrisisUnity, the game engine developer, has formally rescinded a controversial policy announced last September to charge developers "runtime fees" starting January 1, 2024. The policy sparked widespread backlash from developers, ultimately leading to the departure of Unity's former CEO...

Apple in China: Behind the Double Standard "Apple Tax" Lies a Game of Monopoly and AntitrustSince the iPhone 4s opened up the market for Apple, "Apple phones" have become the top choice for young people buying phones. Especially in China, more than 5 out of 10 young people choose Apple, yet, facing such a massive market, Apple doesn't cherish it, instead, they start to "act up"...

The Halo of "Self-operated" Fades: A Trust Crisis in Online ShoppingThey say I have the lucky charm. Those who follow me will never be short of luck! If you want to be rolling in dough, start by hitting the follow button! Wishing you a fortune every day and endless prosperity!"These days, it's so hard to just buy something honestly...