GOVERNMENT SCRUTINY META
Silicon Valley brought back Sam Altman. Will it bring back Huang too?
Nvidia employees and prominent Silicon Valley leaders are calling for Jensen Huang's return following his departure, raising concerns about the future of the world's leading AI chipmaker and its role in America's technology race with China.
The Taylor Swift of Tech: Jensen Huang's mastermind rise, wildest dreams and the anti-hero fall
Jensen Huang has resigned from Nvidia, where he served as president and chief executive for 33 years. Allegations about his extramarital relationships, which raised national security concerns, prompted the resignation. Reports indicated one involvement linked to a businesswoman suspected of espionage connections. Huang acknowledged infidelity and faced investigations regarding possible foreign intelligence targeting. His departure marks the conclusion of a transformative era for Nvidia in the technology sector.
Platforms seek DPDP alignment in NCPCR’s child safety guidelines
In a meeting held by NCPCR on Thursday, the platforms said age-assurance and parental-consent mechanisms under the data protection regime should be harmonised with any NCPCR guidelines rather than being governed by parallel obligations.
Warby Parker bets on Google AI glasses for growth, but privacy fears still loom
Warby Parker is entering the smart glasses market in partnership with Google and Samsung, betting that demand for the artificial intelligence wearables will balloon in the coming years.
Nvidia to Anthropic, OpenAI & Meta: Here are the five biggest tech scandals of 2026 explained in a nutshell
In 2026, significant scandals rocked the technology sector, involving major companies like Nvidia, Anthropic, OpenAI, and Meta. Jensen Huang resigned from Nvidia amid allegations related to a personal relationship and potential security concerns. Anthropic faced lawsuits over unauthorized use of copyrighted materials for AI training data, raising intellectual property issues. OpenAI and Meta dealt with security failures related to AI agents and Instagram account safety, respectively.
White House Ballroom investigation row: Nvidia CEO Jensen Huang, who is facing scrutiny over alleged Chinese spy links, was among donors. Check list
US Attorney Aaron Reitz issued a letter to Senator Richard Blumenthal regarding potential document preservation. The letter claimed Blumenthal intimidated citizens associated with President Trump and challenged their constitutional rights. Reitz demanded all relevant documents be maintained, citing federal law violations. Meanwhile, Blumenthal affirmed his commitment to investigating taxpayer dollar misuse under the Trump Administration. The controversy includes substantial donations from major corporations to the construction of Trump's ballroom.
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Spain demands that TikTok suspend operations until child sexual abuse material gone
Spain's government has demanded that TikTok suspend its operations in Spain until it eliminates child sexual abuse material, it said on Tuesday, after a media report documented 1,183 explicit posts on the platform with millions of views.
Tech billionaires in Democrats’ crosshairs: Who could face congressional probes? Here’s the hit list
Elon Musk, Mark Zuckerberg, Jeff Bezos and other tech leaders could face congressional investigations as Democrats prepare to take control of Congress in 2027. Their scrutiny could focus on ties to Donald Trump, political influence, AI development, data center expansion and the industry's impact on American jobs and communities.
Inflation, tariffs come back to haunt Trump as voters deliver economic verdict in US midterms
US President Donald Trump faced a voter backlash over inflation, tariffs and rising living costs as Democrats scored sweeping victories in the 2026 midterm elections. An AP Voter Poll found that about two-thirds of voters blamed Trump's policies for fuelling inflation, while concerns over inequality, healthcare costs and democracy deepened Republican losses.
Why did the Dow Jones jump 1,250 points today after Democrats won Congress while Tesla, SpaceX and AI stocks struggled? Will a Democratic Congress slow the AI boom?
Wall Street took the election result well on Wednesday, yet some names missed the rally. Democrats won Congress, and the Dow climbed 1,245 points, or 2.40% by 10:44 am ET. The S&P 500 rose 1.52% and the Nasdaq gained 1.82%. But Tesla, SpaceX and data centre stocks fell, as investors worry tighter rules may slow the AI boom.
Big Tech barely moved after the midterms, but Tesla and SpaceX fell up to 5%, and even Tesla missed the solar rally: Did Elon Musk’s big bet on Republicans just backfire?
Tesla and SpaceX shares fell in premarket trading on Wednesday, Nov. 4: Today’s US stock futures pointed to a strong Wall Street opening, with Dow futures up nearly 800 points and S&P 500 and Nasdaq futures also in the green. However, Tesla and SpaceX moved in the opposite direction, falling more than 5% and nearly 8%, respectively, in premarket trading after the Democratic midterm victory. Alphabet, Meta and Microsoft gained, while Nvidia slipped slightly.
France moves to make rioters pay through family welfare benefit
France's Senate has approved a law to hold families accountable for damages caused by riots and unrest. This legislation allows authorities to recover compensation from family benefits like housing aid and allowances. Critics argue that the bill may disproportionately affect vulnerable families and discourage peaceful protests. Similar accountability measures are being considered in other European countries amid concerns over riots.
Who is André Janones? The 'General' behind ‘Lula’s Army’, 10.8 million-follower WhatsApp channel that helped Brazil’s left mobilise voters after the president’s first-round setback
A WhatsApp channel called ‘Lula’s Army’ gained 10.8 million followers during Brazil’s presidential election campaign, with Congressman André Janones directing supporters to share videos, promote hashtags and recruit voters. President Luiz Inácio Lula da Silva later called Janones “our General” after defeating Flávio Bolsonaro in a closely contested runoff.
Trump’s $10 billion BBC defamation lawsuit takes a dramatic turn as federal judge backs subpoena for Mar-a-Lago membership records, orders him to face deposition
President Trump’s $10 billion defamation lawsuit against the BBC is encountering increased legal scrutiny. A federal judge has raised concerns over the efforts made by Trump’s legal team to gather evidence. The court has ordered Trump to prepare for a deposition by December 11, in addition to supporting the BBC’s subpoena for Mar-a-Lago membership records. The lawsuit addresses claims regarding a BBC documentary that allegedly misrepresented Trump’s January 6 speech.
EssilorLuxottica's smart glasses boom runs into tougher regulatory scrutiny
Smart glasses that resemble ordinary eyewear are under increased scrutiny from European regulators and advocacy groups, leaving investors questioning whether sales can keep booming as Ray-Ban maker EssilorLuxottica
The Social Reckoning: Looking back at Facebook’s 2021 controversy and where Meta stands today
Aaron Sorkin’s latest film focuses on Facebook's past controversies and the implications of its business model. The story centres around whistleblower Frances Haugen and her allegations regarding Facebook's internal practices. Meta, formerly Facebook, is navigating ongoing concerns about safety and user engagement. The film, while offering a dramatic retelling, critiques the effectiveness of Meta’s strategies.
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.
OpenAI fires three researchers: What we know so far
OpenAI has made headlines by firing three safety team researchers accused of leaking sensitive information externally. This violation of company policy has eroded trust and comes amid growing worries about AI safety. Following alarming events like the Hugging Face incident, industry experts are uniting to discuss and alleviate the potential risks as AI technology rapidly evolves.
OpenAI targets $30 billion in new funding at $1.4 trillion valuation
The company is seeking a valuation of around $1.4 trillion, not including the money raised, said the people, potentially vaulting it back above longtime rival Anthropic’s most recent private market valuation. Bloomberg News previously reported OpenAI was mulling a new round at a $1.2 trillion valuation.
BE share price: Bloom Energy Corp stock rises over 12 per cent, shares near USD 300
U.S. Stock market today: Dow Jones Industrial Average fell 279.70 points, or 0.54%, to 51,201.81; the S&P 500 lost 16.48 points, or 0.21%, to 7,667.30, and the Nasdaq Composite lost 17.30 points, or 0.06%, to 26,803.08.
OpenAI takes on Meta with always-on Dots agent in enterprise AI push
OpenAI on Tuesday unveiled always-on agents called Dots that chase user goals across apps on their own, deepening its push into the lucrative enterprise market and pitting it against Meta in the race to sell AI that can work
US stocks: US market slips as rising Treasury yields offset AI-driven tech gains
US stock indices fell as increasing government bond yields weakened investor sentiment across the market. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all reported losses during the trading session. Chipmakers limited broader declines, recovering ground after prior selloffs, despite mixed performance among megacap stocks. US job openings and consumer confidence figures missed analysts' expectations, adding to market uncertainty.
Anthropic's IPO prospectus shows sweeping AI vision, surging costs
But the cost to get there will be staggering. Anthropic reported a net loss of $42 billion in 2025, and plans to spend $518 billion on cloud, computing and infrastructure obligations in coming years, according to the prospectus.
Anthropic targets more than $2 trillion valuation in closely watched IPO despite $42 billion 2025 loss
Anthropic is planning an IPO that could value the company at over $2 trillion. Despite reporting a net loss of $42 billion last year, its revenue experienced substantial growth. The company aims to address concerns about AI safety while competing with OpenAI for market dominance. Key investors have backed Anthropic, providing critical cloud infrastructure for its operations. The upcoming public offering reflects strong interest in the burgeoning AI sector.
U.S Stock Market prediction for Monday: Dow, S&P, Nasdaq, Russell 2000 set for low opening, Meta, Tesla, other stocks, factors to watch out today
U.S. Stock Market today, September 28: Tesla dipped 1 per cent after brokerage J.P.Morgan lowered its price target on the stock citing weak deliveries in the third quarter. Meta eased 2.2 per cent after last week's 13 per cent surge.
AI debate assumes a darker edge after OpenAI agents raid ChatGPT database, leak user images
The latest discoveries have lent a sharper edge to the debate over whether increasingly capable AI systems can be effectively monitored and controlled. OpenAI's Sam Altman and Anthropic CEO Dario Amodei have called for a more measured pace of AI development and caution in pursuing recursive self-improvement.
AI agents take over online shopping: Ecommerce firms rethink pricing, verification
India’s ecommerce and digital platforms are preparing for a surge in personal AI agents that could increasingly make shopping decisions and transactions for consumers, forcing companies to rethink pricing, customer engagement and bot verification.
Meta misled consumers in case over Cambridge Analytica scandal, New Mexico jury says
The verdict followed a two-week trial over a lawsuit filed by New Mexico's attorney general in 2021, three years after news reports revealed that personal data from as many as 87 million Facebook users had been harvested through a third-party app and used in efforts to profile voters.
Autonomous AI hacks raise thorny questions of legal accountability
The prospect of legal accountability is unclear. Lawsuits are a possibility, but some legal experts believe any criminal investigations would face an extremely high burden given the autonomous nature of the attacks and the absence of evidence the AI models were designed with the intent to hack into other networks.
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