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Cloud computing company Megaspeed responds to the Jensen Huang incident, hiring a U.S. law firm to review GPUs

In the Huang Renxun incident, the involved company Megaspeed International officially announced that it attaches great importance to complying with U.S. export control laws, stating that compliance is the company's top priority, and it is committed to constructive and transparent cooperation with the U.S. government.Megaspeed has cooperated with the U.S. Department of Commerce's Bureau of Industry and Security (BIS) inspections and is ready to fully cooperate with other relevant U.S. government agencies at any time. To further strengthen its compliance commitment, Megaspeed has hired a well-known U.S. law firm to lead a comprehensive inventory of the company's graphics processing units (GPUs) and independently verify the company's export control compliance practices. Megaspeed stated that it welcomes appropriate government oversight and will demonstrate through concrete actions that the company operates in a responsible and transparent manner while complying with applicable U.S. laws.Megaspeed is a cloud computing and data center company registered in Singapore and is an important customer of NVIDIA. The New York Times previously cited trade data reporting that from June 2024 to February 2026, Megaspeed's affiliated company in Malaysia procured advanced AI servers and other equipment, including NVIDIA chips and related products. Huang Le previously served as the CEO and chairman of the board of Megaspeed and is one of the main controllers; she has appeared alongside Huang Renxun multiple times at public business events.

Federal Reserve spokesperson: The interest rate hike in December is almost certain, with the focus shifting to the magnitude and pace of the rate increases

According to the Wall Street Journal, Nick Timiraos, known as the "mouthpiece of the Federal Reserve," wrote that after the third consecutive strong inflation report was released, a rate hike by the Federal Reserve in December is almost certain. Market focus is shifting to the magnitude of the rate hike and the subsequent pace, including a 25 basis point hike at each meeting, a one-time hike of 50 basis points, or signaling multiple consecutive hikes of 25 basis points.Nick Timiraos pointed out that the Federal Reserve will hold a policy meeting from December 8 to 9, and the bigger question is whether this rate hike is a moderate adjustment envisioned by several officials, with two to three more hikes, or the beginning of a sustained effort to suppress the economy and lower inflation.Previously, Federal Reserve Governor Waller, who supported maintaining interest rates last week, stated that if the core price increase in October reaches about 0.3% month-over-month, the Federal Reserve should consider a 50 basis point hike in December, and the latest published data happens to align with this scenario. Dallas Federal Reserve President Logan also hinted after the data release that, given the current inflation pressures, it may be necessary to accelerate the pace of rate hikes. The relevant tactical choices are usually decided by the Federal Reserve Chair.

It is rumored that Jensen Huang's wife’s statement was actually written by a netizen, and she has not yet responded

A few days ago, Jensen Huang, the founder of NVIDIA, publicly admitted to being unfaithful to his wife Lori Huang, with whom he has been married for over 40 years, in an internal letter to all employees. He apologized to his family, employees, and shareholders regarding this matter. The incident sparked discussions, and within two days, NVIDIA's market value evaporated by approximately $400 billion to $470 billion, with the stock price dropping by about 11%.After the incident gained traction, a public response allegedly from Lori Huang circulated on X. The main points included that her husband had informed her before the public disclosure, that a public apology could not restore trust overnight; she did not understand the truth behind the accusations against the related women and believed that national security issues should be handled by investigators rather than the media; she would not join in the attack on the related women, that decisions regarding the marriage should be made by the family, and she requested time and privacy from the outside world. Some related tweets garnered over a million views.This statement was not released by Lori Huang herself. Some media reports indicate that as of now, she has not publicly made any statements regarding her husband's infidelity. The statement claims that for 28 years, they have kept their private life out of the public eye, but the couple has actually been married for about 41 years, which does not match the timeline, and there is a lack of official channels, verified accounts, or lawyers, spokespersons, and other verifiable primary sources.

first_img Brian Hong joined the social trading application fomo, responsible for the Asia-Pacific region

Brian Hong announced that he has joined the social trading application fomo, responsible for the Asia-Pacific region. Brian Hong previously publicly identified as the head of growth for consumer blockchain Abstract in the Asia-Pacific region. He stated that many high-quality trading ideas around the world have never left the language in which they were originally written; traders in Seoul and New York can focus on the same asset for months but do not have access to each other's work. Both parties see the same prices, but the ideas behind the trades remain trapped in circles separated by language, local communities, and existing information flows.He wrote that for nearly a decade, he has been connecting products, services, and information between the East and West. Products are now easier to cross borders, but ideas are not; he feels this most acutely in the market, where some ideas with significant upside potential remain confined to a single language and community. He stated that fomo is the first product that makes him feel this situation can change, as it does not require consideration of chains or cross-chain bridges; it faces a single market where information flow shows what people are actually buying. A trade does not need translation; ideas from Seoul can reach New York on their own, with attribution remaining with the originator.Brian Hong expressed that this feeling has not faded, and he agrees with fomo's direction and development team, and will help grow a product he already uses daily. He referred to the Asia-Pacific as the most important region for this matter, but the Asia-Pacific is not a single location; the languages, cultures, and platforms differ. Most of what happens here exists in communities that are not visible to the outside world. Introducing users is only part of the work; a larger part is putting ideas that the world has yet to see onto the same map. He has opened private messages to traders, large players, creators, and chain builders in the region.
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