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NVIDIA SECURITIES FRAUD LAWSUIT
Nvidia to raise $25 billion in first corporate bond sale in five yearsNvidia is set to raise a massive $20 billion through a bond issuance. This move signals the company's significant investment in artificial ...- Microsoft sued by shareholders over expenses, cloud business, AIAbout $357 billion of market value was erased, and Microsoft's stock suffered its biggest one-day decline in nearly six years.
- US judge dismisses Elon Musk's xAI trade secret lawsuit against OpenAIU.S. District Judge Rita Lin in San Francisco said xAI failed to show that OpenAI induced former xAI senior engineer Xuechen Li to divulge ...
- Florida sues TikTok, claiming it violates state child safety lawThe lawsuit seeks a court order directing the platform, which is owned by ByteDance, to make changes to bring it into compliance with the l...
- US stocks: Nvidia’s jumbo bond sale draws $85 billion of investor demandNvidia has secured approximately $85 billion in orders for its substantial debt offering, seeking to raise at least $20 billion. This immen...
- Govt said to accept tweaks to Securities Markets Code draftThe government has accepted significant changes to the proposed Securities Markets Code. Investigation timelines will be extended to one ye...
- Nvidia begins Vera CPU sales pitch to Chinese clients, sources sayThe outreach underscores how the world's most valuable company is quickly pivoting to the new product to revive its rapidly declining fortu...
- South Korea's SK Hynix to opt for Nasdaq for planned US listing, sources saySK Hynix, a leading memory chip maker, plans a US listing on Nasdaq as early as August. This move aims to boost its global investor profile...
- Lyft, Uber sue New York City to block driver retention lawBoth companies are challenging Local Law 52 of 2026, which generally prevents large ride-sharing companies from swiftly dismissing driver...
- Nvidia hires veteran lobbyist Bruce Andrews to head government affairsAndrews' move to the world's largest company comes as Nvidia attempts to ensure its continued influence in Washington and as its ties to ...
- Canadian mother sues OpenAI, alleging ChatGPT encouraged daughter's suicideA Canadian mother has filed a lawsuit against OpenAI and its CEO Sam Altman. She claims their AI chatbot, ChatGPT, encouraged her daughter'...
- Zelle to expand peer-to-peer payment service to India this yearZelle, a popular payment service, is set to launch in India later this year. This marks Zelle's first international expansion. The company ...
- 84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: ReportAs artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, wi...
- Musk's xAI accused of illegally firing engineer who raised safety concernsDevin Kim, a former engineer at xAI, has launched a lawsuit alleging wrongful termination after he voiced serious concerns about the safety...
- Who is Neeraj Sharma, the Indian-American CEO set to lose US citizenship over H-1B visa fraud for jobs that never existed?An Indian-origin businessman, Neeraj Sharma, is at the center of a US immigration fraud case. Authorities are seeking to revoke his citizen...
- Nashville High School shooting survivor sues AI gun detection company after security system failed to spot weaponA survivor of the January 2025 Nashville high school shooting is suing Omnilert, the manufacturer of an AI gun detection system that failed...
- FTX cofounder Sam Bankman-Fried applies for Trump pardonSam Bankman-Fried, convicted in the FTX cryptocurrency empire collapse, has formally applied for a presidential pardon. He submitted his ap...
- US stocks | Alphabet taps Intel to make three million in-house chips: ReportNvidia has not placed an order with Intel yet, but has been evaluating whether the company's technology can be used to make a processor tha...
- Nvidia clinches deals with South Korean giants include SK Group to advance AI boomSpeaking to reporters in Seoul, Huang's remarks underscored Nvidia's continued cooperation with SK Hynix, a leading supplier of high-bandwi...
- Thai watchdog to sue Meta over Facebook scam ads targeting usersIn previous cases, the company has said it invests in measures to detect and remove scam content and works with regulators and law enforcem...
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