Board launches investigation after internal communications show Huang misled leaders about relationship with Alice Huang; stock decline exceeds $1.8 trillion.
AI-generated summary
Jensen Huang resigned as CEO of Nvidia following revelations about his affair with Alice Huang. Internal communications revealed that Huang had described their interactions as standard business dealings. An investigation was launched by Nvidia's board after media reports surfaced about the affair.
Jensen Huang, who resigned as CEO of Nvidia following revelations about his affair with Alice Huang, misled company leaders regarding the nature of their relationship, which raised concerns. Internal communications revealed that Huang had described their interactions as standard business dealings. An investigation was launched by Nvidia's board after media reports surfaced about the affair. Nvidia's stock has significantly declined since the news broke, causing losses of over $1.8 trillion.
AI outlook — possibilities, not facts
Nvidia's board will complete its investigation and announce findings regarding Jensen Huang's conduct.
Very likely · Within weeks
Nvidia will appoint a new CEO following Jensen Huang's resignation.
Very likely · Within weeks
Tata Trusts vice-chairmen Venu Srinivasan and Vijay Singh rebutted former trustee Darius Khambata's Nov 2 letter, alleging he strategised to oust Srinivasan as a Sir Dorabji Tata Trust trustee to enable two new trustee inductions in Nov 2025. They defended Tata Sons' RBI engagement and listing plans, rejected Khambata's claim that listing threatens the Tata model, and criticised his handling of N. Chandrasekaran's reappointment as Tata Sons chairman.
Kansas officials have sued to stop more public bond money flowing to Derby Shores, a $160 million lagoon resort approved four years ago with no buildings above ground. The state wants to block further payments and account for $35,285,000 in bonds already sold, arguing construction deadlines under the STAR bond programme were missed.
NITI Aayog vice-chairman Ashok Kumar Lahiri warned that India's food security is at risk due to heavy reliance on imports for edible oils and pulses. He urged for increased domestic production and crop diversification to mitigate global supply chain vulnerabilities.
SpiceJet's Board of Directors will meet on November 18 to approve a fresh capital raise. The move follows significant financial and operational struggles and a recent Delhi High Court ruling rejecting the airline's request for more time to pay a Rs 144.51 crore debt.
The Central Consumer Protection Authority (CCPA) has fined Ola Rs 10 lakh for using 'dark patterns' by soliciting tips before rides. Data revealed that tipping actually resulted in lower ride acceptance rates compared to non-tipped requests.
India's overall exports rose 29.9% year-on-year to $89.99 billion in October 2026, driven by record merchandise exports of $49.47 billion. Despite the export surge, the goods trade deficit widened to a one-year high of $39.88 billion.