November 13: Nvidia Resignation Reports and Microsoft’s Global Outage

Germany and Britain’s economies
Germany’s parliamentary budget committee has approved spending plans for 2027 with new borrowing exceeded only once, at the height of the COVID pandemic. The committee worked into the night to approve the plans.
In Britain, the Office for National Statistics says the economy grew 0.7 percent between July and September 2026, its fastest quarterly expansion in two and a half years. That was up from 0.5 percent in the previous quarter.
Nvidia and Microsoft
Jensen Huang has reportedly resigned as Nvidia’s chief executive amid espionage allegations. European shares fell as investors weighed the implications for the artificial intelligence industry. Senate Banking Committee Chairman Tim Scott has asked Huang and Commerce Secretary Howard Lutnick to testify about Nvidia amid national security concerns. The committee says both could face legal action if they fail to appear. House Republicans are also demanding closed-door interviews.
Microsoft says it is seeing positive results in restoring Teams, Outlook and Microsoft 365 after a worldwide outage affected millions of users for more than twelve hours. Earlier fixes had failed to hold. The company says it is increasing capacity to restore access and has no indication of a cyberattack.
Czech public broadcasting
A fast-tracked bill to cut public media funding in Czechia has prompted strikes and rallies amid fears for broadcasters’ independence. A large protest is planned in Prague on Sunday.
Russell Brand
Six more women have accused Russell Brand of sexual misconduct in an investigation by The Times and The Sunday Times. The accounts were published days after he was sentenced to ten years and six months for rape and three sexual assault charges. He must serve at least seven years before becoming eligible for release on license.
Iran-linked terror allegations
An updated U.S. Justice Department indictment links an alleged Iran-based operative to the September incident at RAF Fairford. Prosecutors accuse Mohammad Baqer Saad Dawood al-Saadi, taken into U.S. custody in May, of directing terror and arson attacks against American and Jewish targets in Britain and Europe on Iran’s behalf. The filing also accuses one of his allies, believed to be in Iran, of orchestrating the Fairford incident.
Washington gym shooting
Police say a doctor, Matt Lambert, shot five people at VIDA Fitness in Washington, D.C. James Stuart, the 46-year-old manager of Lambert’s condo building, was killed. Police say Lambert had been in conflict with building managers. Court records show he sued the condo association in March 2025.