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Feds charge 4 in plot to export restricted Nvidia chips to China, Hong Kong
CNBC· 2025-11-20 21:23
Core Viewpoint - Four individuals have been indicted for attempting to illegally export Nvidia chips valued at millions of dollars to China and Hong Kong, violating U.S. export restrictions [1][2][3] Group 1: Indictment Details - The defendants are charged with conspiracy to violate the Export Control Reform Act of 2018, specifically related to the export of Nvidia chips to China and Hong Kong after routing them through Malaysia and Thailand [2][3] - The indictment highlights that the chips involved, including Nvidia's A100 and H200 GPUs, are highly restricted due to their applications in artificial intelligence and supercomputing [3][4] - The alleged scheme began in September 2023, with the indictment filed on November 13 in U.S. District Court in Tampa, Florida [3][4] Group 2: Individuals Involved - Brian Curtis Raymond, identified as the chief technology officer of an AI cloud company, was involved in the conspiracy and had previously owned a technology products distributor licensed to sell Nvidia GPUs [5][9] - Mathew Ho, another defendant, acted as an intermediary for unlawful exports and submitted false documentation regarding the shipments [6][7] - The other defendants, Jing Chen and Cham Li, were also arrested and are charged with similar offenses, including conspiracy and violations of the Export Control Reform Act [11][12][13] Group 3: Financial Transactions - Raymond faces multiple charges, including seven counts of money laundering related to wire transfers exceeding $3.4 million from a Chinese company to his business [10] - Ho is charged with nine counts of money laundering connected to $4 million in wire transfers from a Chinese company to his and Raymond's businesses [12]
Movano's Evie Ring Adds New Personalization and Trend Tracking to Support Women's Wellness Journey
Prnewswire· 2025-03-10 12:00
Core Insights - Movano Health has announced new features for the Evie Ring's companion app, enhancing support for women's wellness journeys through data personalization and trend tracking [1][2] - The Evie Ring is priced at $269 with no subscription fees, making it accessible for users, and is eligible for HSA/FSA reimbursement [2] Product Features - Integration with Apple Health allows automatic import of Evie data, enabling users to view information from both platforms in one location [5] - The app now includes 7- and 30-day trend graphs for sleep metrics, helping users understand their health patterns over time [5] - Daily basal body temperature logging has been added to assist users in tracking their menstrual cycles [5] - Heart rate mapping provides a visual representation of users' heart rates throughout the day, categorized by activity levels [5] - The expansion of workout tracking allows users to manually log past workouts, ensuring they receive credit for calories burned [5] - The Daily Summary home screen now includes menstrual cycle day and phase, enhancing the app's one-stop value for tracking health metrics [5] Company Overview - Movano Health, founded in 2018, focuses on developing healthcare solutions that provide medical-grade data through wearables [3] - The company's Evie and EvieMED devices aim to deliver trusted health data and personalized insights to users [3]