Tag: ASIC
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GUC and Ayar Labs Tie-Up to Accelerate Co-Packaged Optics for Hyperscalers
Global Unichip and Ayar Labs Forge a Strategic CPO Collaboration Global Unichip Corp. (GUC), a leader in advanced application-specific integrated circuits (ASICs), has entered into a strategic partnership with Ayar Labs, a pioneer in co-packaged optics (CPO) for large-scale AI workloads. The collaboration aims to integrate CPO technology into GUC’s ASIC designs to deliver lower…
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GUC and Ayar Labs Partner on Co-Packaged Optics for AI
Overview: A Strategic Collaboration to Accelerate Co-Packaged Optics Global Unichip Corp. (GUC), a leader in advanced ASIC design, has teamed with Ayar Labs, a pioneer in co-packaged optics (CPO) for large-scale AI workloads. The partnership aims to integrate CPO solutions into hyperscale data-center infrastructure, delivering significant gains in bandwidth, latency, and energy efficiency for AI-driven…
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WiseTech Offices Raided by Australian Authorities Amid Share Trading Allegations
Australia-wide probe prompts raid on WiseTech’s Sydney office The Australian Federal Police (AFP) and the Australian Securities and Investments Commission (ASIC) executed a search warrant at a WiseTech Global office in Sydney, as part of investigations into alleged share trading involving the company’s leadership and a small group of employees. WiseTech, a global software and…
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WiseTech offices raided by AFP and ASIC in share trading probe
Overview: Authorities raid WiseTech offices amid trading allegations The Australian Federal Police (AFP) and the Australian Securities and Investments Commission (ASIC) have conducted a raid on a WiseTech Global office in Sydney. The action, executed under a search warrant, focused on documents related to alleged trading in WiseTech shares by co-founder Richard White and three…
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WiseTech share trading probes: AFP and ASIC raid in Sydney
Regulators raid WiseTech offices amid share trading inquiries The Australian Federal Police (AFP) and the Australian Securities and Investments Commission (ASIC) executed a search at a WiseTech Global office in Sydney, triggering a fresh wave of scrutiny around the software and logistics group. The authorities reportedly sought documents connected to alleged share trading by WiseTech’s…
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Superannuation Customer Service: ASIC Slams Communications
Industry watchdog spotlighted as retirees face delays A corporate watchdog has sharpened its focus on how Australian super funds communicate with retirees, following complaints about slow processing, lost paperwork, and poor customer service. The issue is not isolated to a single fund; it comes amid an ongoing review targeting 12 trustees that collectively manage more…
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ASIC presses on with scrutiny of super funds over customer service and retiree communications
Industry under the microscope: ASIC’s renewed focus on retirement communications Australia’s corporate watchdog is intensifying its oversight of how superannuation funds communicate with members, particularly during retirement and in death benefit scenarios. The push follows a string of concerns raised about customer service and the quality of information provided to retirees and their families. Case…
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ASIC scrutinizes super funds as retirees await critical payouts and communications under spotlight
Rising scrutiny on retirement communications The financial watchdog ASIC has sharpened its focus on how Australia’s superannuation funds communicate with retirees and manage death benefit claims. The move follows growing complaints about delays, poor customer service, and opaque processes that leave beneficiaries in limbo during already stressful periods. In a landmark review, ASIC assessed 12…