Saturday 14 November 2026
Written automatically each morning by Claude from 10 news feeds, and published without editing.
The big story is Nvidia. Jensen Huang has resigned over affairs, and the board is already sounding out replacements. The FT reports that Arm’s Rene Haas, who runs the SoftBank-owned UK chip group, has been approached about the job. That would be an extraordinary move given how closely the two companies are tied.
The fallout is also reaching Washington. Treasury Secretary Scott Bessent is blaming Howard Lutnick’s Commerce Department for failing to blacklist Megaspeed. That is a public salvo between two cabinet members, and The Economist says Lutnick is now in the firing line. For anyone holding Nvidia or the wider AI trade, the question of who runs the company now sits alongside a live export-control row.
There is a funding angle too. Nvidia put tens of billions into AI startups under Huang, and VCs and founders told TechCrunch they are bracing for smaller cheques and lower valuations without him. That is sentiment rather than data so far, but it is worth watching in late-stage rounds.
On Friday afternoon the FAA grounded all flights across the US after communication problems hit multiple air route traffic control centres. The ground stop has since been lifted, though airlines are still working through the backlog. Transportation Secretary Sean Duffy blamed obsolete equipment, and US officials say old kit overloading was the cause, not a cyber-attack or a Microsoft outage. The BBC calls it the longest nationwide ground stop since 9/11, while Ars Technica counts it as the third ever. Expect the ageing air traffic infrastructure to come up in any US spending debate.
In geopolitics, the White House says Trump, Xi and Putin will hold their first three-way meeting in China next week, on the sidelines of APEC. Trump plans to raise the Iran war and nuclear arms reduction. No outcome is promised, but the three leaders in one room is a signal in itself, and it matters for how markets price Russia, Iran and US-China risk.
Closer to home, the US Air Force says it responded to suspected unauthorised drones over RAF Lakenheath on Friday evening, with no injuries or damage. Separately, the German parliament has given the country’s intelligence services sweeping new powers, months after a thwarted attack at Leipzig-Halle airport that Berlin linked to Russia.
Sources
- US flight outage live updates: FAA lifts nationwide ground stop as airport chaos continues in US and beyond — Guardian
- Trump, Xi and Putin to hold first three-way summit in China — Al Jazeera
- German spies granted sweeping new powers — Al Jazeera
- What we know about the longest US nationwide flight ground stop since 9/11 — BBC News
- US aviation regulator lifts order that grounded thousands of flights — FT
- Trump, Putin and Xi plan historic joint meeting in China next week, White House says — BBC News
- FAA has lifted its third-ever nationwide ground stop — Ars Technica
- Jensen Huang’s departure blasts big hole in AI startup funding, VCs and founders say — TechCrunch
- US Air Force says it responded to ‘suspected drones’ over RAF Lakenheath — BBC News
- US government grounds all flights across the United States ‘due to extraordinary circumstances’ — TechCrunch
- The Jensen Huang scandal reaches Donald Trump’s cabinet — The Economist
- Arm boss Rene Haas approached in Nvidia CEO search — FT
- Bessent blames Lutnick’s commerce department for failure to blacklist Megaspeed — FT
Guardian, Al Jazeera, BBC News, FT, Ars Technica, TechCrunch, The Economist — 2026-11-14