Simply the latest news, updated on the hour.

Fri, Nov 13, 2026, 3:02 PM EST

Tech

  • Nvidia faces scrutiny over AI chip exports to China and leadership changes, with Jensen Huang reportedly stepping down as CEO amidst investigations and reports of personal misconduct.

  • ChatGPT's new Wallet feature allows AI agents to make purchases and complete transactions, signaling a significant advancement in AI's commercial capabilities.

  • Uber confirms a data breach exposing thousands of drivers' license information, highlighting ongoing cybersecurity challenges in the ride-sharing industry.

  • Microsoft experienced a significant global cloud outage affecting services like Outlook and Teams, underscoring the fragility of large-scale cloud infrastructure.

  • The tech industry sees potential opportunities for challengers amidst Nvidia's leadership transition and the ongoing scrutiny of its business practices.

Money

  • Nvidia's CEO Jensen Huang is stepping down amidst reports of scandals, causing significant stock market fluctuations and raising questions about the company's future in AI dominance.

  • Geopolitical tensions are escalating, with Iran's cyber activities and a low-level conflict with Bahrain, alongside Russia's ongoing war in Ukraine, creating global instability.

  • Global economic outlook remains precarious, with concerns about an AI bust and the vulnerability of financial markets, compounded by rising inflation and potential interest rate hikes.

  • Cryptocurrency markets are experiencing volatility with significant outflows from Bitcoin ETFs, regulatory scrutiny, and major hacks, including a substantial North Korean crypto theft.

  • Disruptions in key technological infrastructure, such as Microsoft's global outage, highlight the systemic risks and reliance on centralized tech providers in the digital economy.

Power

  • Microsoft experienced a significant global outage affecting services like Teams and Outlook, highlighting vulnerabilities in the agentic economy.

  • Rate hikes are anticipated as producer price inflation, influenced by food and AI sectors, reaches a four-year high.

  • Concerns rise over the escalating cost of electricity in Britain, prompting a re-evaluation of the nation's green agenda.

  • The power industry is keenly watching the developments surrounding Nvidia, including Jensen Huang's departure and the ongoing spy scandal.

  • Geopolitical tensions and conflicts continue to influence global markets, with the Iran war debate and related threats impacting security and trade.