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NVIDIA SEEKS SHANGHAI R&D SITE AFTER US CHIP CURBS, SAY SOURCES

https://media.zenfs.com/en/reuters.com/1fb340168abd6f2d78d2ab2a98e9a3fa

✍️ Nvidia is seeking a site in Shanghai for a research and development centre, reflecting the strategic significance of the Chinese market.

👉 Nvidia is seeking a site in Shanghai for a research and development centre 👉 The centre would be located in the Minhang and Xuhui districts 👉 The project gained momentum after a surprise visit to China by Nvidia CEO Jensen Huang 👉 Nvidia is seeking to prop up sales in China, where it has been losing market share to domestic rivals such as Huawei

-- #JensenHuang #HeLifeng #GongZheng #Shanghai #Minhang #Xuhui #China #Taipei #Beijing #Guangzhou #Shenzhen #technology

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nostr:nevent1qvzqqqqqqypzq53704dkn2v2nsehgyzexn9y92sny3j7t7yewycj0lauss6n99zuqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqejjcrm7j06szp72uyjfsxct3cqeszpxyqz3eraygjad62k4l726quy4z90

Jensen Huang He Lifeng Gong Zheng Shanghai Minhang Xuhui China Taipei

5/17/2025

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MANAGED TO STEAL MORE THAN 8 MILLION SHEKELS BY CREATING FICTIONAL EMPLOYEES

https://images.wcdn.co.il/f_auto,q_auto,w_300/3/8/8/4/3884421-46.png

✍️ A human resources manager in China was sentenced to 10 years and 6 months in prison for embezzling 16 million yuan (approximately $2.2 million) by creating fake employee records and stealing salaries.

👉 Yang created fake employee records for 22 non-existent employees 👉 He stole salaries from these fake employees over a period of 8 years 👉 The company's lack of oversight and control allowed Yang to commit the fraud 👉 Yang was sentenced to 10 years and 6 months in prison 👉 He had his political rights suspended for 1 year