- cross-posted to:
- technology@lemmy.zip
- cross-posted to:
- technology@lemmy.zip
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Perfect timing. He’s now disappear into obscurity, possibly paying a few billion in fines as he slinks away to enjoy the rest of his hundred of billions while a woman is put in charge to try and salvage the mess
I wouldn’t call my self a fan of Huang, but this smells like blackmail especially with the air time it’s getting. A billionaire sleeping around is literally not news. I wonder what he didn’t want to do to make the shareholders want to replace him
It’s not about sleeping around but bypassing export controls which is a lot more serious. The first affair being with a Chinese citizen who was an executive of Megaspeed being used to move 7.5 billion dollars worth of chips is what is causing panic.
Jensen was also likely able to sell blacklisted chips after bribing or sucking up to the US president. But now control of the House and Senate is no longer under the control of the President’s party. New elected officials take their seats in January, and this is probably attempts to get ahead of the situation and avoid further investigation.
Illegally sell chips to China comes to mind
The claim is that it’s a Chinese spy that did the work but who knows
Now the CEO is responsible for that? I thought it was we don’t know what is heppening the company is to big we can’t know everything. I guess it depends on whatever they want it to be.
Billionaires sleeping around, even with consent, is enough to sink them as CEO. It’s happened to big companies in Australia. It’s news for short sellers and a great lever to pry open the dramas of their personal lives and get people talking in private interviews. Especially if there’s a court case, discovery can be spicy
I cannot imagine the next CEO being an improvement for gamers, feels very likely they’re just gonna go all in on datacenter
They will almost certainly be worse, that being said Huang is your typical American oligarch, so it doesn’t really matter.
They’re all terrible, it’s fully a requirement of being a C level. You cannot be a C*O and be a good person in a publicly traded company. You’re required to maximize profits at all costs, the removes the ability for them to be good.
You’re required to maximize profits at all costs,
I would actually disagree. There is also broader requirements around maintaining the oligarchic regime and helping keeping commoners in line. The exact implementation reflects local cultural preferences, but that’s true of all oligarchic regimes.
Im of the belief that what you describe is a byproduct of the first point, more so than the explicit goal itself. Outside of some exceptions
Weren’t they already as “all-in” as one can possibly be? Surely there’s no way to double-down on that, there’s just no room in the scale left to move to.
I’m afraid it can still get even worse for us
They’ll put an even bigger piece of shit in charge.
But on the other hand, he managed to extricate himself before the bubble he’s largely responsible for pops and the lawmakers belatedly starts looking for someone to blame for the inevitable economic disaster.
Idk, I’d think they’d be more likely to bail them out.
Nobody likes his jacket.
China will now need to honeypot Colette Kress
