
Nvidia's Revenue Heavily Reliant on a Few Key Customers
Two clients accounted for 39% of Nvidia's revenue, raising concerns about potential risks for investors due to high client dependency.
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Two clients accounted for 39% of Nvidia's revenue, raising concerns about potential risks for investors due to high client dependency.

Politicians, high-tech and pharmaceutical executives, doctors, military officers, and other professionals were among the clients of a "high-end brothel network" operating in Boston and Northern Virginia, according to court documents unsealed by the Justice Department. The brothels were allegedly located inside high-end luxury apartment rentals and primarily employed Asian women. The operation used two websites posing as a nude photography business to advertise their services, charging between $350 and $600 per hour. Payments were made in cash and converted into Western Union checks. The trio running the operation kept phone records of customers and texted them a menu of available services.

The Hollywood Reporter has released its annual list of the top 100 attorneys in Hollywood, who are responsible for keeping the industry running amidst various stressors. The list includes attorneys from firms such as Jackoway Austen Tyerman Wertheimer Mandelbaum Morris Bernstein Trattner & Klein, Shaw Moonves Tanaka Finkelstein Lezcano Bobb & Dang, and Brecheen Feldman Breimer Silver & Thompson. These attorneys have negotiated deals for their clients in the streaming era, managed emerging AI issues, and navigated potential guild strikes.

An anonymous employee of Silicon Valley Bank has given a firsthand account of the bank's collapse, revealing that rank-and-file employees felt that management did a "dismal" job of keeping them in the loop. The employee also spoke about the personal toll of the collapse, with many employees losing significant amounts of equity. Despite this, the focus remained on helping clients, with the employee describing the culture as one of customer service. The employee also praised the support of VC firms and partners, who rallied around the bank in its time of need.