Musk: 'Critical deals will be lost' at Nvidia without Huang

Editor's Note: Sens. Bernie Sanders (I-Vt.) and Elissa Slotkin (D-Mich.) earlier this week said they would not back Sen. Chuck Schumer (D-N.Y.) for another term as Democratic leader. Slotkin has said she is seeking change, and that a new leader would need to show a plan for the first 100 days. An earlier version of...

Uber disclosed this week an unauthorized third party improperly accessed the ride-hailing platform's data, according to a notice shared by the California attorney general’s office. In the notice, dated Nov. 10, the company said a service provider notified them of the incident a month prior. The platform then conducted an investigation, which found the unauthorized...

“I hope this email finds you well.” It apparently has not. Filipinos woke up today to an outage of Microsoft cloud services including Microsoft Outlook, MS Teams, and Office 365, the premiere suite for the backbone of most global enterprises across different industries. It has been more than 12 hours since the outage and Microsoft

MANILA, Philippines – When the theme for the Filipino Horror Game Jam 2026 dropped, Angelo Barrera and the team at Mithika Games figured they’d end up making something with ghosts or local folklore. Then somebody pitched an idea as a half-joke: what about household bills? Electric bills, rent, and grocery receipts don’t exactly sound like

Left-leaning journalist Kara Swisher criticized President Trump’s response to former Nvidia CEO Jensen Huang’s scandal involving an extramarital affair with a suspected Chinese spy, saying the president is downplaying the seriousness of the allegations. “He has to say nothing's going on here … because if there were, he's in real trouble,” Swisher told CNN’s Kaitlan...

Treasury Secretary Scott Bessent is pointing the finger at Commerce Secretary Howard Lutnick over the Trump administration's failure to place Nvidia customer Megaspeed on a U.S. trade blacklist for national security concerns. When pressed Friday over who was behind the decision, Bessent told CNBC, "Treasury, War, USTR [U.S. Trade Representative] and State … were in...

President Trump on Thursday nominated two officials each to the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). Trump nominated Democrat Kristin Johnson and Republican Steven Levine to the SEC, with their respective terms set to expire in 2029 and 2030. Johnson previously served as a commissioner at the CFTC, after...

Jensen Huang’s abrupt resignation from Nvidia has cast uncertainty over the US chip giant’s multibillion-dollar investments in open-source artificial intelligence, while potentially depriving Chinese developers of one of their most influential advocates in Washington. His departure could prompt Nvidia to scale back spending on open-weight models and their supporting infrastructure, analysts said, although strong commercial incentives would likely keep the company committed to the broader...

Commerce Secretary Howard Lutnick has agreed to testify before Congress amid bipartisan concerns about the Nvidia spy scandal and the agency's enforcement of chip export controls. Lutnick has "proactively agreed to appear voluntarily" before the Senate Banking Committee, spokesperson Kristen Eichamer said in a statement. Senate Banking Chair Tim Scott (R-S.C.) sent letters to both...

MANILA, Philippines — NVIDIA CEO Jensen Huang has resigned after admitting to his affair, and investigations on Huang as a target by foreign intelligence efforts. Huang’s resignation as company president, CEO, and board member took effect immediately, ending his 33-year tenure at the company. Huang’s admittance to an affair On November 8, Huang sent an

Microsoft is still working to restore access to its services after a massive global outage impacted dozens of its services on Thursday. The company said early Friday that it is “seeing encouraging recovery progress,” according to a statement shared on social media.  “Some users may still experience intermittent issues as recovery actions continue,” it reads....

The memory business has rarely had it this good, thanks to the artificial intelligence (AI) boom. Korea’s chipmakers are reporting extraordinary earnings and unusual confidence that the good times will last. SK hynix’s third-quarter operating profit rose more than sevenfold to 83.3 trillion won ($62 billion), an operating margin of almost 80 percent. Samsung Electronics’ rose nearly ninefold to 107.4 trillion won, with its memory business setting records of its own. Across the West Sea, China’s challengers are sharing in the windfall. ChangXin Memory Technologies (CXMT) remains far smaller, but its quarterly revenue rose more than sevenfold to 118.7 billion yuan ($17.8 billion), with a net profit attributable to shareholders of 54.4 billion yuan, reversing years of losses. CXMT and Yangtze Memory Technologies (YMTC) are the twin pillars of China’s drive for memory self-sufficiency, part of Beijing’s broader pursuit of technological independence facing U.S. export restrictions. Fresh capital, new factories and increasingly sophisticated technology are helping them challenge th