Nvidia is on a hiring spree in China

Nvidia is on a hiring spree in China

An Nvidia building – Photo: Qilai Shen/Bloomberg (Getty Images) Despite mounting trade restrictions, Nvidia (NVDA) is significantly expanding its presence in China, focusing on artificial intelligence chips for autonomous vehicles, Bloomberg reports. Both a Chinese government antitrust investigation and escalating trade tensions between Beijing and Washington complicate the semiconductor giant’s efforts. According to Bloomberg, Nvidia…

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Reuters

Exclusive-India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show

By Aditya Kalra and Arpan Chaturvedi NEW DELHI (Reuters) -An investigation by India’s antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms, documents show. Zomato entered into “exclusivity contracts” with partners in return for lower commissions, while Swiggy guaranteed business…

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