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Finance

Nvidia and Jensen Huang sued in US over affair with alleged Chinese spy

California lawsuit comes as Donald Trump says FBI is investigating tech CEO’s links with Alice Huang Nvidia’s board needs to do some succession planning – sharpish Nvidia and its chief executive, Jensen Huang, have been accused of misleading shareholders in a lawsuit over the Chinese spying scandal engulfing the $4.3tn (£3.2tn) company. The legal action came as Donald Trump said the FBI was investigating Huang’s affair with an alleged Chinese spy. Continue reading...

The Guardian
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Crypto

Coinbase Wins Final Federal Approval To Run Crypto Custody Business Under National Trust Charter

The largest US crypto company has won final federal approval to run its custody business under a national trust charter. The Office of the Comptroller of the Currency has just approved the charter for Coinbase National Trust Company, Coinbase says. The approval lets Coinbase run its custody business under one federal framework instead of relying […] The post Coinbase Wins Final Federal Approval To Run Crypto Custody Business Under National Trust Charter appeared first on The Daily Hodl.

The Daily Hodl
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Technology

Geely Xingyuan has been on the market for two years, breaking the world’s fastest sales record of one million

On November 6, the Geely Galaxy Global User Music Carnival and Geely Star’s One Million Dollar Fans Rights and Interests Conference were held in Hangzhou. 24 months after its launch, Geely Xingyuan’s cumulative sales exceeded 1 million units, with one sold in less than a minute, becoming the fastest new energy vehicle in the world to reach one million sales. It has rewritten the competitive landscape of the global pure electric car market with its phenomenal popularity. In response to the trust and expectations of millions of users, Geely Star has released a new version of the STAR limited series - STAR Ace and STAR Chill, with a limited-time rights price of RMB 88,800. At the same time, the "Million-Achieved Fan Rights" was also released at the conference. Users who log in to the Geely Galaxy App to participate in the lottery will have the opportunity to win Grandpa's No Tea milk tea coupons, Geely Star's million-sales commemorative badges, Geely Star's in-car ecological and practical products, Kapibala healing IP peripherals and other gifts. Geely Star is willing to respond to the trust and expectations of millions of users with continuously renewed product values ​​and always-on user rights. It will be launched in October 2024. In just two years, the cumulative sales of Geely Xingyuan exceeded 1 million units, with one unit sold in less than a minute. The choice of millions of users has made the reputation of the "national sacred car" more and more stable, and has also set a new benchmark for the global small car market. Geely Xingyuan's lead is not an accidental surge in a single month, but a stable performance throughout multiple sales cycles. After winning the sales championship of all vehicle categories in the Chinese auto market in 2025, Geely Xingyuan sold a total of 249,418 units in the first half of 2026, a year-on-year increase of 21%, and continued to be the best-selling model in the Chinese market. Entering the second half of the year, Geely Xingyuan's sales pace is still accelerating, with monthly sales exceeding 60,000 units in August and September, and exceeding 70,000 units in October, setting a record high in single-month sales. Regardless of brand, energy or grade, Geely Star is willing to dominate the Chinese automobile market as the sales champion without any attributions.

雷峰网
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International

China promotes its AI at Web Summit

China flexes its technological muscle at the global Web Summit in Lisbon from Tuesday, showcasing dancing robots and low-cost artificial intelligence models.

France 24
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