Author: staff
Published on 12 November 2026 – 21:19 GMT+1 Nvidia’s founder, Jensen Huang’s resignation from the artificial intelligence giant has rattled a market already heavily dependent on a handful of AI companies but analysts do not expect the chip giant to have a long-term impact. “It is a significant loss for the industry as a whole,” said investor and founder of financial publication The Kobeissi Letter, Adam Kobeissi. Speaking at Web Summit in Lisbon on a panel moderated by Euronews, Kobeissi said Huang’s resignation was “a critical mistake,” adding that more time should have been taken for an investigation. Jensen Huang…
DUBLIN — It was supposed to all be about how Europe faces up to the challenges posed by artificial intelligence. Not for the first time at a summit of EU leaders, more pressing concerns are getting in the way. And, as has so often been the case since Vladimir Putin’s full-scale invasion of Ukraine in 2022, it’s that conflict which is set to dominate proceedings in Dublin. The EU is at odds over who should represent it in any peace talks. When officials from Ukraine, Russia and the U.S. met in Abu Dhabi earlier this week, Europe was only on…
Published on 12 November 2026 – 15:07 GMT+1•Updated 19:41 Jensen Huang has resigned as chief executive of Nvidia with immediate effect, following revelations that he had two extramarital affairs, one of them with a woman accused of spying for China. The company’s board announced on Thursday that Jensen Huang, who co-founded the firm in 1993, had stepped down as president, chief executive and board member. His departure ends a 33-year run at the head of the company, which did not give a reason for it. Nvidia shares fell as much as 13% in early trading on Wall Street following the…
Jensen Huang’s sudden exit as CEO of chipmaker Nvidia, the risk of an AI bubble and mounting US debt took the main stage on Thursday, a packed final day of the Web Summit in Lisbon, one of Europe’s largest tech conferences. Speakers on a panel moderated by Euronews warned that public debt markets could set off the next financial crisis. The panel featured Adam Kobeissi, founder and editor-in-chief of The Kobeissi Letter, a capital markets publication with millions of followers, and economist James Galbraith, a professor at the University of Texas at Austin. It was one of many sessions squeezed…
“In addition to the human toll, we can list Curro as a victim of these tragedies,” he said, referring to the colorful cartoon bird that served as the mascot of the 1992 Seville World’s Fair and which many Andalusians associate with the prosperity of the Socialist era. “The deadly accidents are in a lot of ways representative of a social-democratic project that gradually ran out of steam, and that successive governments have failed to look after what had been achieved not only with infrastructure, but public goods and overall quality of life,” he added. The generational gap Socialist candidate Toscano…
The strike devastated the hospital’s surgical department, with damage also reported to operating theatres, recovery facilities and the intensive care unit. Footage shows extensive destruction inside the hospital, with shattered ceilings, twisted metal and rubble scattered across medical equipment and beds. Rescue workers searched through the debris, while grieving relatives gathered outside to pray over the bodies of those killed. Gaza’s Health Ministry identified one of the victims as general surgeon Rizk Abu Shaira. The Israeli military acknowledged carrying out the strike, saying it had targeted a senior Hamas commander and other militants allegedly operating from the hospital, but provided…
By Lutz Faupel Published on 12 November 2026 – 20:22 GMT+1•Updated 21:33 The future of Mercedes-Benz’s production sites in Germany is coming under increasing pressure. Because of high labour costs and stalled talks with the works council and IG Metall, the Stuttgart carmaker is taking action. The management board has decided to suspend all further investment at German sites for the time being. Possible plant closures are now also being considered in more concrete terms. Mercedes puts the brakes on spending As bild.de reported on Thursday, HR director Britta Seeger justified the move by pointing to the strained cost situation. The…
The three-way deal aims to strengthen Europe’s satellite industry as Elon Musk’s Starlink sets the pace in low Earth orbit. It could also leave the EU with fewer suppliers for its own secure communications network. Oct 23 6 mins read
Published on 12 November 2026 – 17:28 GMT+1 At least one person has been killed and four others injured in a shooting near Logan Circle, a popular neighbourhood within walking distance of the White House in Washington, DC, according to police in the US capital. The suspected gunman has barricaded himself on the top floor of a nearby residential building. His identity and motive are not yet known. According to US media reports, an armed man entered the Vida Fitness gym, shot a customer in the back and then ran out of the building. The gym was evacuated, and more…
While the new legislation targets espionage in general, it is part of the ministry’s broader shift in policy toward Russia, according to an internal document seen by POLITICO. Under Austria’s current Criminal Code, operating or supporting a clandestine intelligence service is punishable if it harms Austrian interests. But espionage targeting other countries or international organizations is not covered in the same way, a loophole the government now wants to close. The proposed legislation would introduce prison sentences of up to five years for espionage targeting EU institutions or international organizations with headquarters or offices in Austria, such as the United…