AMAZON ALLEGATIONS
Qualcomm layoffs severance package: 3 months' salary, extra payout based on years of service & one more month's pay for signing exit papers within 3 days; what employees are being offered
Qualcomm has reportedly begun laying off employees in India as part of a global workforce restructuring exercise that could affect around 1,000 staff, or 5–6% of its workforce in the country. Reports suggest affected employees may be offered three months' salary as severance, with additional compensation based on tenure and an extra month's pay for those who sign exit documents within three days. Qualcomm has not publicly confirmed the reported severance package.
Amazon Prime Refund: $3 million for customers after lawsuit alleges company made subscription cancellations complicated; also pledges $1.5 million for consumer protection
Amazon Prime Refund: Amazon has agreed to pay $3 million to eligible Prime customers in Arizona to settle allegations that its six-step membership cancellation process made it difficult for subscribers to end their memberships. The company will also contribute $1.5 million towards consumer protection, pay $1.5 million in legal expenses and donate $1 million to food charities. Amazon has denied wrongdoing.
Nvidia CEO Jensen Huang-Alice Huang affair controversy: Tech billionaire's biggest strength could also save his job; the 1958 psychological theory explained
Nvidia's CEO Jensen Huang has publicly admitted to an extramarital affair with an alleged Chinese spy Alice Huang, prompting discussions about his capacity to lead. Tech billionaire Jensen Huang faces mounting pressure as the company has launched an investigation. But his 33-year track record and a 1958 psychological theory help him retain his job.
When is Veterans Day 2026? Are post offices, USPS, UPS and FedEx open or closed? Is there mail delivery?
When is Veterans Day?: Veterans Day 2026 falls on Wednesday, November 11. USPS post offices will be closed and regular mail delivery will be suspended on Veterans Day, while UPS will operate normally and FedEx will follow a modified service schedule. Regular USPS services will resume on Thursday, November 12.
Nvidia CEO Jensen Huang's $81 billion divorce bill to wife could dwarf Jeff Bezos' $35 billion settlement with MacKenzie Scott ? What we know
Nvidia CEO Jensen Huang's estimated $162.2 billion net worth has drawn attention amid reports of an affair with Alice Huang and a possible divorce. Under California's community property laws, his wife Lori Huang could potentially receive $81.1 billion, a figure that could surpass Jeff Bezos' $35 billion divorce settlement with MacKenzie Scott.
NFL legend Deion Sanders' son Shilo could owe $12 million for life: Creditor alleges two punches left school guard with nerve damage, incontinence
Shilo Sanders, the son of former NFL star Deion Sanders, is facing a challenging bankruptcy case involving nearly $12 million. Creditor John Darjean asserts that the debt should not be dismissed, citing intentional harm. A Texas court previously ruled in Darjean's favor after a 2015 assault case, and now the judge must determine if this financial obligation can be absolved under bankruptcy regulations.
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Jensen Huang's price of secret affair: NVIDIA CEO loses $7.4 billion in 30 minutes, drops 2 spots in top 10 richest list
Nvidia CEO Jensen Huang lost an estimated $7.4 billion in net worth, and slipped two spots to number 10 on Forbes' billionaire rankings, all in a span of 30 minutes. The AI-chips revolutionary admitted Monday to having an affair with a Singapore-based executive alleged to be a Chinese spy. Nvidia has done business with the firm, and a probe into the repationship is underway in the United States.
Between the chip and the slip: Honeytrap suspicions further sours ties between US and China
Nvidia's CEO Jensen Huang is being investigated for having an alleged affair with a potential Chinese intelligence agent. This individual reportedly sought to gather information about Nvidia's advanced technology. Nvidia's board has launched an independent probe to examine the allegations against Huang. US lawmakers are demanding a briefing on the matter amid heightened concerns over national security.
Human, all too human: More than whether Jensen Huang can survive the scandal, can Nvidia survive Jensen Huang?
Nvidia's co-founder Jensen Huang has acknowledged an extramarital affair which has raised security concerns. He reportedly engaged with a Chinese businesswoman who may have influenced his lobbying efforts. Nvidia has initiated an independent investigation regarding these allegations and their implications. Although personal scandals might impact reputation, Huang's leadership is currently deemed important for the company's future. Nvidia's board maintains confidence in Huang as they navigate this challenging situation.
Prince William-Harry royal family split: William 'acting like Harry and Meghan don't exist' as feud deepens
Prince Harry and Prince William have not reconciled despite Harry's efforts during his recent UK visit. Reports indicate Harry is frustrated with William's distant behavior towards him and Meghan Markle. William, on the other hand, seems uninterested in rebuilding their relationship, as he has avoided direct contact for several years. This ongoing tension between the brothers has been visible, highlighted by their separate Remembrance Day engagements.
US polls hit tech stocks; Qcomm’s Dhanteras gold rush
US technology stocks took a major beating days after the Democratic Party took control of both chambers of the Congress. This and more in today’s ETtech Top 5.
Karnataka: At IKEA store launch, Shivakumar seeks more jobs for Kannadigas
Chief Minister DK Shivakumar inaugurated IKEA's second store in Bengaluru, urging the company to prioritize local hiring. He emphasized the need for greater employment opportunities for Kannadigas within the private sector. Additionally, Shivakumar encouraged IKEA to strengthen ties with Karnataka's small and medium enterprises for sourcing furniture.
Stockal scam: Trading platform says unauthorised third party accessed customer accounts
Stockal has disclosed that unauthorized trading practices impacted 13 client accounts, resulting in notable financial losses. Investors claim their assets were liquidated without consent, redirecting funds towards unauthorized transactions. An investigation revealed there was no compromise within Stockal's systems; however, it points to a likely social engineering incident. Affected investors have reached out to regulatory bodies in India and the U.S.
Apple beats sales and profit expectations but AI costs weigh on holiday sales
Apple exceeded analysts' expectations for its latest results on Monday when the iPhone-maker said it notched a "revenue record" for the July-September quarter, driven by iPhone sales and services revenue, but increased costs related to AI will drag down margins. This includes primarily the impact of higher memory costs, as well as some costs related to the ramp of Siri AI," Parekh said.
Maharashtra FDA suspends 19 food licences; acts against Patanjali distributor over 'adulteration'
In a recent operation, the Maharashtra FDA suspended licenses of 19 food business operators for violations. They seized food articles worth over Rs 9 crore across multiple divisions in the state. This included significant amounts of Patanjali cow ghee found to be misbranded and adulterated. Further, the FDA registered FIRs, arrested several individuals, and sealed multiple establishments for serious hygiene issues.
Apple's new CEO John Ternus to face first earnings test as memory costs surge
Ternus, who took the reins from Tim Cook in September, has overseen the introduction of Apple's first foldable phone, smart home hub and Apple's first touch-screen laptops. All of those products began shipping during the company's current fiscal first quarter, amid what Cook had called a "100-year flood" of rising memory costs.
See data centres less as energy-sucking private warehouses, and more as quasi-public utilities
We need data centres. They run far more than ChatGPT. Search, banking, streaming, social networks, cloud software, government services, hospitals and almost every company's digital operations depend on them. AI simply raises the requirement dramatically. Google says its Vizag hub will provide new subsea connectivity for India. IEA says electricity use by AI-focused data centres jumped 50% in 2025. A country without serious compute infrastructure risks becoming a consumer, rather than a producer, of the AI revolution.
How ChatGPT's medical advice killed a woman; family sues OpenAI
Bowen was found dead in her Seattle apartment in February 2026. Her parents discovered the chatbot conversations on her phone while trying to understand what had happened after the funeral.
'Paid for OpenAI’s choices with her life': Seattle techie dies after allegedly changing medication dosage following ChatGPT advice
A tragic lawsuit has emerged following the death of Bowen Wan, a 31-year-old software engineer, due to complications from epilepsy. Her parents claim that misleading advice from OpenAI's ChatGPT contributed to her decision to lower her medication without medical guidance. Healthcare professionals stress the necessity of proper supervision when managing such serious conditions.
Timeline: Anthropic's path from AI startup to industry-defining IPO
Anthropic's IPO filing marks a significant step toward becoming the first public listing for a frontier AI lab. The company has raised a total of $3.5 billion in various funding rounds leading up to its IPO. Significant investments have come from major companies including Amazon.com and Alphabet's Google. Anthropic is currently projecting revenue of approximately $190 billion to $200 billion in 2028.
Amazon Prime Video subscriber paid Rs 1,499 for a year, but ads appeared before the plan expired; court orders Rs 9,499 payout
A Hyderabad consumer commission has directed Amazon Prime Video to pay Rs 9,499 to a subscriber after advertisements appeared during his paid annual membership and the platform sought an additional Rs 699 for ad-free viewing. The commission held the platform guilty of deficiency in service and unfair trade practice, ordering a full subscription refund, Rs 5,000 in compensation and Rs 3,000 towards litigation costs.
The food Indians buy is changing, and so is the scrutiny of what companies promise
India's Food Safety and Standards Authority of India has issued over 150 notices to various food and beverage companies. These notices address misleading advertisements, false claims, and labeling violations concerning multiple products. Regulatory actions involve well-known brands like ITC, AWL Agri Business, Dabur, and Hindustan Unilever. Additionally, serious food-safety violations have been flagged against companies like Priyagold and Dodla Dairy.
Former Super Bowl champion Cordarrelle Patterson arrested after physically assaulting wife Taylor Quick, leaving bruises on her arm: Here’s more about her
Cordarrelle Patterson was arrested on October 17 for a domestic violence incident involving his wife, which she claims left her fearful for her safety and that of their children. He managed to secure his release later that night by posting a $1,000 bond. This family has endured significant pain earlier, losing their son, and both Patterson and his wife have refrained from making public statements concerning this recent event.
White House Ballroom secret donor list revealed by The Washington Post-Who are the controversial donors backing Trump's $333 million project
Nvidia and Apple each pledged $25 million towards a controversial ballroom project at the White House. Reports indicate that over $333 million has been raised from various private donors, including anonymous contributions. Legal and public opposition has arisen regarding the project's impact on the historic East Wing of the White House. The White House has defended the fundraising and criticized the disclosure of donor identities by the press.
Elon Musk's Starlink responds to Reliance, says ‘ready to connect India’ with high-speed internet
Starlink has said it is ready to provide high-speed internet services in India, asserting that it has spent over five years working with regulators, industry and operators and built dedicated infrastructure with the requisite government approvals. The Elon Musk-led company made the statement while tagging Reliance Industries' post on competition in satellite communications.
Eutelsat OneWeb much ahead of Starlink in licence queue: Sunil Mittal
Bharti Group, with a 17.88% stake, is the second largest shareholder in Eutelsat OneWeb after the French government. The low-Earth orbit (LEO) satellite operator, which competes with Starlink, was the first to seek Indian government approval for starting its services.
Veeramani trend: Madurai influencer seeks Diwali gifts on Insta, gets non-stop COD parcels of JCB, Rs 1.6 lakh TV, fridge, phone and Rs 70 crore army tank
A request for a box of Deepavali sweets on X reportedly turned into a harassment ordeal for Madurai influencer Veeramani after followers began sending unwanted cash-on-delivery orders to his home. Deliveries reportedly included expensive electronics and food, prompting him to post an emotional appeal asking people to stop. Neighbours later said he had left his residence after repeated visits by delivery personnel.
Who is Ilhan Omar’s husband Tim Mynett? What to know about his political career and past as federal agents search her home
Ilhan Omar’s home was searched by federal agents as part of a criminal investigation, renewing attention on her husband, Tim Mynett. Mynett is a political consultant who worked on the congresswoman's campaign. Democratic Rep. Ilhan Omar married Tim Mynett in March 2020. She was previously married to Ahmed Hirsi, with whom she shares three children
No one will buy Starlink if too expensive in India, SpaceX will need to make price affordable: Musk
Elon Musk has highlighted the essentiality of offering affordable prices for Starlink in India to drive customer adoption. He believes that increased competition will provide greater choices for consumers, ultimately benefiting the populace. Musk also took aim at Mukesh Ambani's advocates for their inconsistent views on Starlink's market viability. Meanwhile, the Indian government noted the presence of various players in the satellite communication space, dismissing monopoly claims.
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