The day in tech.

On November 12, Nvidia CEO Jensen Huang resigns after admitting an affair with Alice Huang. CFO Colette Kress becomes interim CEO. Nvidia lost about $450 billion in market value since his admission. Blackwell GPUs are banned from export to China. Alice Huang left Singapore in February 2026.

A Microsoft 365 outage began November 12, 2026, lasting over 12 hours and disrupting services in 74 countries. Critical tools like Outlook and Teams failed, impacting entities including OpenAI and Australian intelligence agencies before spreading to Indian equity markets. Partial recovery reported by 04:36 on Friday.

Nvidia co-founder Jensen Huang exits Thursday after an affair with Alice Huang, a Megaspeed executive alleged to be a Chinese spy. CFO Colette Kress becomes interim CEO as stock falls 4.3%. Lawmakers prepare investigations into national security risks and export controls. Huang co-founded Nvidia 33 years ago. Nvidia acquired Mellanox for $7 billion in 2020.

A Microsoft outage affecting Outlook, Teams, and Copilot began on November 12, 2026, lasting over 17 hours. Engineers stabilized infrastructure by 6:00 a.m. Eastern on November 13, 2026. Over 430 million users faced disruption while 60,000 employees received voluntary exit offers.

Treasury Secretary Scott Bessent blames Commerce head Howard Lutnick for failing to blacklist Megaspeed, a firm linked to former Nvidia CEO Jensen Huang. Bessent also expressed frustration regarding delays in enforcing President Donald Trump's restrictions on exporting Nvidia chips above the H100 model to China.

OpenAI launches ChatGPT Wallet on November 13, 2026 for US Pro subscribers aged 18 and older. The tool lets Dots AI agents pay using tokens via American Express, Mastercard, and Visa. Users approve each purchase via Face ID or fingerprint scan before payment networks process the transaction. United Airlines blocks agents from accessing booking systems.

U.S. authorities seized $1.2 billion in cryptocurrency stolen from Binance on Oct. 29. North Korean military actors executed the theft, while collective efforts froze over $2.7 billion of the $6 billion total loss. The FBI blames TraderTraitor members for the attack and the FaceStealer deepfake scam that cost victims over $400 million.

Tesla ends Cybertruck production in 2027 due to weak demand and safety bans. The vehicle sold 70,000 units in three years, losing $1.9bn, while 2025 sales reached only 20,237 units. It faces 11 recalls since late 2023 and is banned in Europe. Real-world highway range reached 250 miles and 2025 owners asked an average of $88,227.

A Microsoft outage affecting Outlook and Teams lasted over 12 hours, impacting millions of users across 74 countries. The incident began Thursday in the Americas and spread worldwide within an hour. Microsoft executive Charles Lamanna confirmed no cyber attack was involved.

SpaceX aborted its 15th Starship test flight on Friday due to communication problems affecting air traffic control centers, causing a nationwide ground stop. The booster diverted to splash into the ocean instead of a catch attempt.