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FGL News5 articles
Super Micro Plunges on Co-Founder Charges Over AI Server Diversion
Super Micro Computer shares plummeted 33.2% after U.S. authorities charged co-founder Yih-Shyan 'Wally' Liaw and two others with illegally diverting $2.5 billion worth of AI servers to China. The company placed Liaw on leave and named a new compliance chief.
Lululemon Founder's Board Challenge Weighs on Shares
Lululemon shares fell in premarket trading following a new proxy filing from founder Chip Wilson, who is seeking board changes. The stock has declined significantly this year.
Wagners Founders Offload Major Stake, Shares Dip
Shares in Wagners Holding Company Ltd declined following a substantial share sale by founding family members Neill and Joseph Wagner, who sold 30 million shares at A$4.40 each.
Wagners Founders Sell $132M Stake, Stock Dips Ahead of Key Filings
Shares in Wagners Holding Company declined following a major insider sale by two founding brothers, raising questions about future supply pressure as the market awaits regulatory disclosures.
Zoho Founder Warns of Big Tech Sovereignty as Alphabet's $32B Bond Sale Fuels Debate
Zoho co-founder Sridhar Vembu reignited warnings about Big Tech's sovereign-like power following Alphabet's massive $31.5 billion bond issuance, drawing parallels to historical colonial trading companies.