Trump says FBI is looking at Nvidia CEO Jensen Huang's affair with alleged Chinese agent
WASHINGTON (AP) — President Donald Trump says the FBI is investigating Nvidia CEO Jensen Huang’s …
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Trump says FBI is looking at Nvidia CEO Jensen Huang's affair with alleged Chinese agent
WASHINGTON (AP) — President Donald Trump says the FBI is investigating Nvidia CEO Jensen Huang’s affair with an alleged Chinese government agent. But Trump says he doesn’t think the executive who has helped to develop artificial intelligence has a reason to worry. “I know the FBI is looking into it in terms of something else, and I think that he’ll be in good shape,” Trump said Monday at a White House briefing. The president called Huang a “very honorable man.” He said Huang told him “he had absolutely no idea that the person in question was a spy,” Trump said.
Asian stocks rise after technology shares advance on Wall Street
HONG KONG (AP) — Asian stocks are higher after U.S. stocks rallied, recovering most of their big losses from last week. U.S. futures edged higher and oil prices fell. China reported its trade surplus for 2026 has already surpassed $1 trillion as both imports and exports surged. On Monday, the S&P 500 jumped 2.3%, the Dow Jones Industrial Average leaped 2.2%, and the Nasdaq composite rose 2.7%. Stocks were lifted by a decline in the price of Brent crude. It fell after President Donald Trump told CNN over the weekend that a resumption of strikes on Iran is “highly unlikely” if the United States sees progress in negotiations toward ending the war.
Internal probe into CEO Jensen Huang and 'foreign intelligence' weighs on high-flying Nvidia shares
Shares of Nvidia are down 4.3% after the computer chip maker, central to the artificial intelligence race, opened an investigation into reports that CEO Jensen Huang was the “target of a foreign intelligence effort.” Nvidia’s announcement of the investigation Sunday followed Huang’s acknowledgment that he had been intimate with a business executive who, according to The New York Times, U.S. intelligence determined was gathering information for China. China’s Foreign Ministry dismissed the spying allegations, calling them a smear campaign against Beijing.
What we know — and what we don't — as Nvidia investigates an alleged spy plot involving its CEO
Stunning allegations of a spy plot have prompted Nvidia to investigate whether its founder and CEO, Jensen Huang, was the target of a “foreign intelligence effort.” Huang admitted to having an extramarital affair, and acknowledged that news reports surrounding the relationship and potential national security concerns led Nvidia’s board to investigate. He did not name the person he had been intimate with, but The New York Times identified her as business executive and Chinese citizen Alice Huang — who, the outlet said, U.S. intelligence determined was gathering information for Beijing. China’s Foreign Ministry dismissed the spying allegations. Many questions remain unanswered, but the scandal is already bringing turmoil.
Diamond-rich Botswana says it will increase its stake in De Beers to 30% under proposed sale
GABORONE, Botswana (AP) — Botswana’s president says that his diamond-rich southern African country will double its stake in De Beers to 30% under a proposed deal by a consortium to buy Anglo American’s shares. President Duma Boko said in a speech in Parliament on Monday that the move would make Botswana the biggest single shareholder in De Beers. Boko said Botswana endorsed the Global Diamond Consortium of investors as the proposed buyer. De Beers is the world’s leading diamond company. Anglo American put its 85% stake up for sale in 2024 because of a wider restructuring and a downturn in the diamond market.
Nvidia's investigation into CEO Huang's affair puts a spotlight on chip billionaire's personal life
Nvidia CEO Jensen Huang is in the spotlight after revelations of an affair with a purported Chinese spy triggered a board investigation. Huang, a key figure in the AI revolution, co-founded Nvidia in 1993 at a Denny's diner in San Jose, California. Born in Taiwan, he moved to the U.S. at age 9 and later studied electrical engineering at Oregon State University. He met his wife, Lori, there, and they both became chip designers in Silicon Valley. Known for his black leather jacket, Huang is seen as irreplaceable by tech analysts, who say Nvidia's success is heavily tied to him.
At a UN celebration for Ted Turner, memories of a man who saw the power of global cooperation
UNITED NATIONS (AP) — Media mogul Ted Turner’s daughter recalled at a celebration of her late father’s life that he was inspired to give $1 billion to the United Nations after hearing about a washerwoman in Mississippi who gave her life savings of $150,000 for scholarships so young people could go to college — as she was never able to do. Laura Turner Seydel recounted him saying, “Well, I would have to do something really important and big and significant” to match that. A month later, in September 1997, he announced the U.N. gift — the largest individual donation in history at that time. Seydel urged the audience Monday to follow his example. “Please use your ideas, resources and ambitions to back the institutions that hold the world together,” she urged.
France blames Iran for a cyberattack that heated supermarket refrigerators
PARIS (AP) — France has blamed Iran for a cyberattack on supermarket fridges last month. The French Foreign Ministry summoned the Iranian ambassador on Monday. The attack on October 12 sent refrigerator temperatures soaring, affecting about 700 of the country’s 10,000 supermarkets. Paris prosecutors said investigators found that Iran’s paramilitary Revolutionary Guard was behind the large-scale cyberattack. The ministry condemned the attacks as unacceptable.
Heat-trapping carbon pollution drops, but scientists cite the Iran war rather than energy progress
Emissions of heat-trapping carbon dioxide from the burning of fossil fuels decreased slightly this year due to the Iran war. It’s only the third decrease in carbon pollution this century. Experts believe this is not the long-sought bending the curve of emissions. Instead, they think it is temporary like the previous drops during the COVID-19 pandemic and the 2008 recession. The world is still putting more than 1,300 tons of carbon dioxide into the air every second. Pollution went down about 1% in the U.S., China and Europe.
Teachers strike in Paraguay to demand pension fund protections following bank's collapse
Thousands of public schoolteachers went on strike in Paraguay and took to the streets of several cities following the collapse of a major bank that resulted in the removal of the nation’s president last week. Silvio Piris, the president of the Federation of Paraguayan Educators said Monday that teachers in Paraguay are concerned over the fate of around 60 million dollars in pensions funds that had been deposited in Ueno, the bank that was intervened by Paraguay’s government last week.