AstraZeneca cuts 600 sales jobs in US, Bloomberg News reports

More in Business

• Some investors and founders say they lost an ally in Jensen Huang; Nvidia held $48B in 229 private companies as of July and offered $165B in cloud backstops (New York Times)

  The chipmaking giant has woven itself deeply into the technology ecosystem through massive direct investments and substantial infrastructure guarantees. However, these expanding financial commitments have coincided with growing friction among external startup leaders and financiers who once viewed chief executive Jensen Huang as a supportive partner. This shifting sentiment underscores rising tensions between dominant industry incumbents and the broader venture ecosystem.

  1 min read
• Nvidia’s Huang turns to Paul Weiss, law firm that inked deal with Trump

  The chipmaker's leadership is securing counsel from a prominent legal practice with high-profile transaction experience. Retaining this specific firm provides specialized representation as executive decisions and major corporate matters face intense legal scrutiny. The engagement highlights the strategic resources being deployed by key industry figures to navigate critical matters.

  1 min read
• Nvidia's Huang turns to Paul Weiss, law firm that inked deal with Trump

  The former chipmaker executive is facing mounting national security and corporate scrutiny after resigning over allegations involving an alleged Chinese intelligence operative and an internal employee. Securing seasoned crisis representation comes as federal lawmakers demand closed-door testimony regarding his actions. His legal team must now navigate both congressional inquiries and an internal probe initiated by his former company.

  2 min read