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Cisco’s Former Employees’ Lawsuit against BlackRock Funds Put on Hold, Temporarily – Law360

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Cisco’s Former Employees’ Lawsuit against BlackRock Funds Put on Hold, Temporarily – Law360

In a recent development, a federal judge in California has thrown out a class-action lawsuit brought by former employees against Cisco. The lawsuit alleged that Cisco had violated federal benefits laws by offering BlackRock funds as investment options in its $16.4 billion 401(k) plan. The judge ruled in favor of Cisco, stating that the former … Read more

FT reports that Amazon’s cloud unit has put a hold on orders for Nvidia’s most powerful chip

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FT reports that Amazon’s cloud unit has put a hold on orders for Nvidia’s most powerful chip

Amazon Web Services has stopped ordering Nvidia’s latest “superchip” as they await a more powerful model, according to a report by the Financial Times. This pause in orders from the cloud services unit of Amazon.com signals a shift towards a more advanced chipset from Nvidia. Article Source https://www.reuters.com/technology/amazons-cloud-unit-pauses-orders-nvidias-most-powerful-chip-ft-reports-2024-05-21/