Major indexes sagged in Thursday's regular trading as Nvidia shares dove on Jensen Huang's exit.
LUCENA CITY, QUEZON, Philippines — More than a thousand faculty members, employees and students of the University of the Philippines Los Baños (UPLB) staged a campus-wide walkout on Thursday to oppose the controversial Pax Silica initiative and to protest the anticipated visit of United States President Donald Trump for the 49th Association of Southeast Asian
CHICAGO — With Jensen Huang's resignation on Thursday, Nvidia is bringing longtime tech executive Colette Kress into the role of interim CEO. Kress first joined the California-based chipmaker back in 2013. She’s served as Nvidia's executive vice president and CFO ever since — and will now be stepping into the top post amid the company's most tumultuous chapter yet. Huang, who co-founded Nvidia over three decades ago and has since become a singular figure in the tech world, resigned after reports of his extramarital affairs came into the spotlight this week. He faced growing calls to step down after The New York Times reported on his relationship with a woman alleged to be a Chinese spy — and also late Wednesday, when the outlet and later others found Huang was said to have had another affair with an Nvidia employee. In a statement about her new interim post as CEO on Thursday, Kress said that Nvidia’s “strength has always come from its people" and that she was “committed to building on the extraordinary foundation Jensen created over the last 33 years.” She added that the
In a 1996 debate program on Japan’s Asahi TV, right-wing commentators mocked former Korean comfort women for demanding an apology, sneering, “Isn’t all they want compensation?” A woman in a red jacket calmly rebuked them: “That is an expression that insults human beings. Every person has dignity, and that is why their honor must also be restored.” Throughout the debate, she maintained her composure, elegantly dismantling the right-wing commentators’ distorted arguments point by point. The footage, still widely discussed today, has amassed 10 million views across YouTube and other social media platforms. The woman in the debate was Shin Sugok, a third-generation Zainichi — an ethnically Korean resident of Japan. At the time, she was an entrepreneur running a corporate consulting firm, as well as an author, critic and lecturer. She had achieved an unusually high level of success for a Zainichi woman. Despite countless threats from far-right groups in Japan, she has continued her activism for decades. A documentary film titled “Horoomon,” which chronicles Shin's life
U.S. President Donald Trump said on Thursday that former Apple Inc Chief Executive Tim Cook should replace Jensen Huang as the CEO of Nvidia. "NOW THAT Nvidia CEO JENSEN HUANG, who has done a fantastic job, has resigned, there is only one man to take his place - TIM COOK of Apple," Trump said on social media. "A Legend replaces a Legend!" he added. Cook stepped down after a 15-year stint as Apple's CEO in September and is now executive chairman at the iPhone-maker. Apple and Cook did not immediately respond to requests for comment. Last year, Cook presented Trump with a custom U.S.-made plaque mounted on a 24-carat gold stand commemorating Apple's "American Manufacturing Program", after saying it would invest an additional $100 billion in domestic manufacturing. Huang resigned as CEO and a member of the board on Thursday after reports said he had an affair with a Chinese businesswoman whom U.S. authorities suspect of spying for Beijing. Nvidia has announced that Chief Financial Officer Colette Kress will take over as interim CEO. Trump, who has maintained close ties with top U.S. tech exec
WASHINGTON — President Donald Trump said on Thursday the US does not need a deal with Iran and directed Vice President JD Vance, who has played a role in efforts to resolve the war, to focus "his complete and total attention" on alleged crime and corruption in Democratic-run cities and states. Trump's directive came a day after the Wall Street Journal reported that Vance was considering face-to-face peace talks with a hard-line Iranian security official and a week after the vice president blamed the costly war with Iran for Republicans' midterm elections drubbing. "We don’t need a deal with Iran. Those days have long since passed. We’ve got their money, Hundreds of Billions of Dollars, and we’ve got their Strait!" Trump wrote on social media, referring to the Strait of Hormuz. Trump had suggested in recent weeks that Iran would be more willing to strike a deal in the eight-month conflict after the US elections, but his administration this week signaled it believes its blockade and economic sanctions against Iran are working, meaning neither a military escalation nor diplomacy is
Ousted Nvidia CEO Jensen Huang had an intimate relationship with a second employee, according to two people familiar with the matter, Reuters has learned. The revelation follows two other extramarital affairs that led to his resignation Thursday. The two women are Alice Huang, who US intelligence suspects of being a Chinese spy, and Kimberly Powell, Nvidia’s vice president of health care. Reuters is not naming the second employee. Attempts to reach the woman were not successful. Nvidia declined to comment. Powell, Jensen Huang, and a representative for Nvidia's board did not reply to requests for comment. Alice Huang could not be reached for comment. Jensen Huang admitted to an affair in a November 8 statement following the reports of his relationship with Alice Huang, without referring to her by name. The former Nvidia CEO's decision to resign from the company could disrupt the AI industry that he helped shape. Nvidia has used its financial strength to help create an industry around AI through complex financial arrangements that ease the purchase of the company's chips. It has backed c
Microsoft 365, Outlook, Teams and other apps of the company remained disrupted for thousands of users for more than five hours on Thursday, with the outage also hitting connectors used by OpenAI's and Anthropic's AI services. As of 6 p.m. ET, Microsoft said it was still working to return affected servers to service, and had observed limited recovery as users gradually reconnected. Reports of Outlook problems peaked at 138,058 around 1 p.m. ET and had fallen to around 34,490 by evening, according to Downdetector. The company had earlier in the day pointed to a number of servers being unexpectedly unavailable for the elevated load and not an increase in traffic. "We are aware and investigating reports of users experiencing issues with Microsoft 365 services, primarily issues with Exchange Online," a Microsoft spokesperson said. By 5:47 p.m. ET, the number of reports of problems with Microsoft 365 had fallen to nearly 13,000 user, while there were 763 reports of users having trouble accessing Teams, according to Downdetector. The tech giant had then said the restored servers had remained sta
SINGAPORE — Wildfires that hit large parts of Indonesia from August to October and plunged much of Southeast Asia into hazardous smoke were made much worse by "record-breaking" heat caused by human-induced climate change, scientists said on Friday. While a very strong El Niño was the dominant factor in determining the extremely low levels of rainfall across Indonesia from July, human-induced climate change contributed around 1.6 degrees Celsius of additional heat during the fire season, said a report by climate research group World Weather Attribution. "The conditions that we saw this year would simply just not have happened in a world without the human contribution to climate change, even with the very strong El Niño that we're seeing," said Theodore Keeping, a researcher into wildfires and extreme weather at Imperial College London who contributed to the report. "You have multiple different drivers changing in different ways, but what we can say with very high confidence is that the driving weather conditions of these fires are getting more severe," he told a briefing. Pramudhian F
WASHINGTON — The FBI said Thursday that it had seized more than $1.2 billion of cryptocurrency reported stolen last month from Binance , the world's largest crypto exchange. The theft of about $6.3 billion from Binance is regarded as the biggest crypto heist in history, and the FBI has previously attributed it to a North Korean hacking group known as TraderTraitor. The U.S. government and private sector have so far combined to freeze more than $2.7 billion of the stolen funds, and the Justice Department said Thursday that it has now obtained court authorization to seize or restrain more than $1.2 billion of that total. Typically in those situations, the U.S. government will file a claim of forfeiture with a judge, who will then determine who has a legitimate claim to the recovered funds. Also Thursday, the FBI blamed North Korea for a separate social engineering scheme that officials say resulted in the theft of $400 million worth of cryptocurrency over the last 18 months. That scheme, known as FaceStealer, involves a complicated chain of events combining the hijacking of popular mess
MINNEAPOLIS — Immigration and Customs Enforcement (ICE) arrested and deported more people during the last fiscal year than at any time in its 23-year history, Homeland Security said Thursday, as President Donald Trump followed through on promises of mass deportations that helped him win back the White House in 2024 but also fueled the political blowback that led to Democrats’ overwhelming victory in last week’s midterm elections. The numbers released Thursday by the department reflect the massive funding that has gone into supercharging immigration enforcement under the Trump administration, with more money for deportation officers, detention facilities and deportation flights. But Democratic members of Congress, buoyed by their sweeping victories in both the House and Senate, are promising vigorous oversight of the agency core to the president's mass deportation mission. ICE said it deported 483,200 people in the fiscal year that ended Sept. 30. In 2014, 405,090 people were deported under then-President Barack Obama, when some activists labeled him the “deporter in chief.” The
The Prime Minister’s Office strongly refuted the reports of a heated phone call with Trump and stated that the conversation was not confrontational.
The latest figures highlight the scale of the administration’s immigration crackdown, while raising questions about deportation data and its political consequences
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