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- The facial recognition technology stopping shoplifters
Business correspondent Emma Simpson tries out Sainsbury's facial recognition technology. [TheTopNews] Read More.2 hours ago - How a civil servant got away with juggling five jobs for so longKashim Chowdhury has been convicted of fraud after pocketing £284,000 of taxpayers' money over three years. [TheTopNews] Read More.2 hours ago
- Goldman CEO Solomon says AI financing remains strong despite market jitters
Goldman CEO David Solomon says investor appetite for AI infrastructure remains strong despite a reset in AI stocks and political uncertainty around data centers. [TheTopNews] Read More.2 hours ago - Nvidia shares tumble over investigation into Huang’s affair with alleged C...The share price dropped wiped hundreds of billions of dollars from the value of Nvidia. [TheTopNews] Read More.2 hours ago
- Boeing to cut 5% of commercial airplane workforce as production increase is slow...Boeing said Monday that it plans to cut 5% of its commercial airplane workforce as its production ramp-up is moving at a slower pace than the company expected. [TheTopNews] Read More.3 hours ago
- China denies spy plot targeting Nvidia CEO Jensen Huang, calls allegations ‘sm...
China on Monday rejected allegations of a spying operation targeting Nvidia CEO Jensen Huang, dismissing reports of a suspected Chinese intelligence plot as a smear campaign against Beijing."The so-called Chinese spy narrative is purely a groundless accusation, slander, and a smear," Chinese Foreign Ministry spokesperson Guo Jiakun told reporters during a regular news briefing in Beijing on Monday.The denial comes after Nvidia announced an independent investigation into reports that Huang had been the "target of a foreign intelligence effort."NVIDIA SHARES FALL AFTER INVESTIGATION INTO CEO'S RELATIONSHIP WITH ALLEGED CHINESE SPYThe New York Times previously reported that U.S. intelligence officials determined Huang had developed a close relationship with Alice Huang, an unrelated Chinese business executive at Singapore-based company Megaspeed whom U.S. authorities suspect of gathering information for Beijing.Huang acknowledged an extramarital affair in a letter to Nvidia employees Sunday but did not identify the woman involved. He pledged to cooperate with the company's investigation and emphasized his commitment to U.S. national security.HOUSE REPUBLICANS DEMAND ANSWERS FROM NVIDIA CEO OVER REPORTED CHINESE SPY TIESBeijing has also pushed back against the broader reporting, with some Chinese state media suggesting the allegations were intended to undermine U.S.-China relations."Whenever China-US relations begin to improve, there are often those firing shots from the shadows," China's state-owned Global Times wrote.CLICK HERE TO GET FOX BUSINESS ON THE GONvidia's board has said it has "no reason to believe" that national security or company secrets were compromised.Reuters contributed to this report. [TheTopNews] Read More.3 hours ago
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