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AI & Enterprise

From AMD\'s Lisa Su to Lori Huang, possible candidates to succeed Nvidia CEO Jensen Huang

Attention is turning to who could lead Nvidia next as controversy over CEO Jensen Huang spreads and speculation grows about possible pressure for him to step down. Potential successors cited include outsiders such as AMD CEO Lisa Su and former Google CEO Eric Schmidt, as well as Intel CEO Lip-Bu Tan and former Salesforce co-CEO Bret Taylor. Nvidia insiders such as Ian Buck, Andrew Bell and CFO Colette Kress are also mentioned.

Industry

Samsung Electronics posts Q3 operating profit of 107.4 trillion won, up 783 percent

Samsung Electronics said on Oct. 29 it posted third-quarter consolidated revenue of 195.3 trillion won and operating profit of 107.4 trillion won, up 127 percent and 783 percent from a year earlier. It said it was the first global tech company to exceed 100 trillion won in quarterly operating profit. The semiconductor unit led results, while the device unit posted an operating loss. Net profit was 75.1 trillion won.

Crypto

Ripple fixes XRPL flaw that could mint 184 times XRP supply, but $250,000 bug bounty stirs criticism

Ripple fixed a critical vulnerability in the XRP Ledger that could have allowed creation of XRP worth 184 times the fixed supply, but drew criticism over a $250,000 bug bounty. Blockchain investigator ZachXBT said the reward was too low given the potential risk to billions of dollars in assets and warned it could distort researchers’ incentives. Ripple said it found no signs of exploitation and that an attack would have required unusual conditions.