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'I really believe him': Trump backs Nvidia CEO Jensen Huang amid China spy scandal, $7.5 billion chip shipment claims and lawsuit
Donald Trump has publicly supported Nvidia CEO Jensen Huang, who faces scrutiny over alleged connections to Chinese intelligence. Lawmakers from both political parties have raised concerns about national security implications related to Nvidia's technology exports. Nvidia's board is investigating the allegations while Huang faces shareholder lawsuits regarding disclosure failures. The controversy has affected Nvidia's stock value and prompted discussions on future semiconductor export policies.
Rs 654,000,000,000 blow: How NVIDIA chief Jensen Huang lost billions of dollars in a day?
Jensen Huang net worth: The NVIDIA chief's fortune decreased by over $7 billion after Nvidia's shares dropped significantly on Monday. This fall followed an investigation into Huang's alleged relationship with a Chinese spy. The decline in share price erased around $190 billion from Nvidia's market value, affecting Huang's ranking on billionaires' lists. Huang also issued an apology for his unfaithfulness to his wife, which added to the controversy surrounding him.
Who is Carlos Jimenez? California man shot by an ICE agent in 2025 sues federal govt for $25m, says FBI forcefully took him to scene of shooting while a bullet was lodged in his body
Carlos Jimenez filed a $25 million lawsuit against the federal government for wrongful shooting by an ICE officer. The incident occurred during an ICE operation in soutehrn California last year. According to his complaint, the officer fired multiple shots at him without any warning. Jimenez alleges that FBI agents interfered with his medical treatment following the incident.
Global climate talks open with big questions, smaller goals
Climate negotiators from nearly 200 countries are attending COP31 in Antalya, Turkey, to address rising global temperatures and emissions. The summit will focus on achieving existing commitments rather than making ambitious new goals amidst geopolitical tensions and financial constraints.
US sues Lyft, alleges discrimination against disabled riders
The US Justice Department sued Lyft on Monday, alleging the ride-hailing services provider discriminated against passengers with disabilities, including those who use service animals and mobility devices such as stowable wheelchairs.
Nvidia, CEO Jensen Huang sued over disclosures related to suspected Chinese spy
According to a complaint filed in federal court in San Jose, California, the defendants misled shareholders about Huang's alleged affair with Alice Huang, a former executive of Singapore-based Megaspeed who is not related to him, and did not disclose that the matter raised national security concerns that threatened Nvidia's reputation and business prospects.
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European Union sues IBM and two European companies over troubled border system: Report
The European Union has initiated legal proceedings against IBM, Atos, and Leonardo for delays in the Entry/Exit System. EU-Lisa reported these delays occurred during the system's development, not affecting its operation. The consortium was awarded a contract in 2019 for implementation and maintenance. In a letter from October 2021, the companies contested a fine imposed on them. They cited external factors like the COVID-19 pandemic as reasons for the delays.
Democratic wins in state Attorney General races give Donald Trump a new headache
Democrats have achieved significant victories by winning attorney general races in five traditionally Republican-leaning states. This shift may hinder conservative legal strategies and provide resistance to President Donald Trump's policies. Incoming Democratic attorneys general plan to refocus on consumer protection and environmental issues while reviewing previous legal actions by their Republican predecessors.
In 2025, the 867-ton Spirit of Norfolk was sunk off Florida’s Okaloosa County coast; the former dinner cruise ship now rests 128 feet underwater
In June 2022, the Spirit of Norfolk, a dinner cruise vessel, suffered a devastating fire and was declared unusable. Following a period of storage, Okaloosa County acquired the ship with a unique plan: to intentionally sink it 128 feet below the surface, creating an artificial reef. This innovative project supports marine ecosystems in line with Florida's commitment to improving underwater habitats through repurposed ships.
Nicki Minaj’s own lawyers want to quit her case, and a process server at her $10 million penthouse was told the couple tend not to answer their phones
Nicki Minaj is locked in a legal battle with 24/7 Productions over unpaid expenses. Her legal team, Kurzman Eisenberg Corbin & Lever, has sought to withdraw from representing her, citing serious communication hurdles and irreconcilable differences. Serving legal documents has proven difficult due to Minaj's limited responsiveness. A decision from the judge on the law firm’s withdrawal is still pending.
Google, Meta, TikTok sue to block California youth social media law
The law, known as Assembly Bill 1709, prohibits such platforms from offering underage children "psychologically exploitative features" that could lead to compulsive use, such as providing personal recommendations and sending videos through autoplay features. It also requires the deletion of children's accounts with those features.
Billionaire Leon Black sues US Rep. Robert Garcia for defamation over Epstein comments
Leon Black, a billionaire, has filed a defamation lawsuit against Congressman Robert Garcia for his statements. Garcia claimed that Black is linked to Jeffrey Epstein's crimes and named him in serious allegations. The lawsuit, filed in New York, seeks 7.25 million USD in damages due to harm caused by Garcia's comments. Black has previously denied knowledge of Epstein's activities and has faced significant public backlash.
Chinese genetic firm Novogene sues US over military designation
Chinese genetic sequencing firm Novogene has initiated legal action against the Pentagon over its military designation. Novogene was added to a list of companies alleged to be supporting Beijing's military as of June. This designation prohibits the Defense Department from directly contracting with these firms, including Alibaba and Baidu. Other Chinese companies have also pursued legal recourse against the Pentagon regarding similar designations.
Alaska Senate race gets messy as two Sullivans face off
A competitive Senate race in Alaska has drawn national attention due to candidate confusion. Allegations suggest the recruitment of a similarly named candidate aimed to mislead voters. Investigations have been initiated by the FBI into potential voter confusion related to the election. Incumbent Dan Sullivan and his opponent Mary Peltola face scrutiny as tensions rise. The outcome will significantly impact the control of the Senate chamber.
Nexperia sues Wingtech and its founder, demanding compensation for damages
"The proceedings seek to hold the defendants accountable for actions that Nexperia believes have caused significant harm to the company and its business. Nexperia is seeking compensation for the resulting damages," the company said in a statement.
She sang “my husband sues Obama” at his rallies and sat through his impeachment trial. Then Ken Paxton’s wife filed for divorce
Angela Paxton announced her divorce from Ken Paxton, citing recent discoveries and biblical grounds for the separation. After years of support during his political career, she stated reconciliation was no longer viable. Ken Paxton acknowledged the decision and requested privacy for their family. Reports have surfaced regarding Ken Paxton's alleged relationship with Tracy Duhon, drawing renewed interest in their personal affairs.
US sues Google for failing to restore a former employee to a similar job following military deployment
According to a complaint filed in Manhattan federal court, Mark Davisson spent 2-1/2 years as a Google key account executive, where he handled accounts for the asset manager BlackRock, hedge fund Bridgewater Associates and the former Credit Suisse.
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.
Fed's Kevin Warsh says US economy not running too hot from AI boom
Federal Reserve Chairman Kevin Warsh said on Wednesday that the US economy is not running too hot despite some demand pressures from the boom in AI investment, adding
Norway media take legal action to block Meta from using content
According to the 10 media groups, the new terms due to come into force on November 20 would give Meta -- which owns Facebook and Instagram -- the right to collect their articles, photos and videos, including those behind a paywall, and use them to develop artificial intelligence products, among other things.
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.
Former Raiders Super Bowl champion Pete Banaszak dies at 82: Here’s more about his net worth, career and wife
Former Raiders running back Pete Banaszak passed away at age 82 after a successful football career. He played for the Raiders for 13 seasons and was part of the Super Bowl-winning team. Banaszak held the record for the most single season rushing touchdowns in franchise history. He was proud of his Polish heritage and received several hall of fame honors during his life.
Rhode Island sues Meta over alleged tolerance for scam advertising
The suit, filed by Rhode Island Attorney General Peter Neronha in Providence Superior Court, accuses Meta of unlawfully profiting from and participating in the creation of billions of dollars in scam advertising - even as it assured its billions of users that it was working diligently to protect them.
UK man faces nearly Rs 3 lakh penalty after tearing up parking ticket and throwing it at female warden
A 58-year-old man in Cornwall, UK, has been ordered to pay £2,270.90 (approximately Rs 2.87 lakh) after he threw a parking ticket at a traffic warden and was later prosecuted for littering. Despite receiving a £250 (approximately Rs 31,733) penalty and reminders to pay, he failed to settle the amount, leading to a court case that added nearly £2,000 in legal costs and a victim surcharge.
Tech under pressure on AI jitters, dollar slips: Markets wrap
South Korea’s Kospi Index — a bellwether for AI investments — dropped 3.5%, with chip heavyweight SK Hynix Inc. heading for its lowest close since April. MSCI Inc.’s Asia Pacific Index fell 1%, diverging from Monday’s tech-led gains on Wall Street.
DOJ sues California to block votes from alleged non-citizens
The US Justice Department has filed a lawsuit against California regarding mail-in ballots for the upcoming midterm elections. It alleges that more than 20,000 voters on a provided list are likely non-citizens. California is required to segregate and verify the ballots for these individuals before counting them. Additionally, the department seeks court approval to prevent tabulation of votes until citizenship is confirmed.
US FTC subpoenas OpenAI and Anthropic over consumer harms, Axios reports
The US Federal Trade Commission has initiated an investigation into leading AI firms, amid rising safety concerns and allegations of misleading practices. Subpoenas targeting Anthropic and OpenAI demand details on security lapses and privacy protocols. Furthermore, the agency plans to summon top management to address these critical safety matters, underlining the urgent need for robust protections and accountability in AI technology's development and use.
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