WH News
Nvidia has retained a prominent New York law firm to investigate an affair between its chief executive and an individual alleged to be a Chinese spy. The firm, Wachtell, Lipton, Rosen & Katz, will conduct an independent probe, according to the company.
Nvidia has hired New York law firm Wachtell, Lipton, Rosen & Katz to investigate its CEO, Jensen Huang, for an alleged affair with Alice Huang, a Singapore-based executive suspected of being a Chinese spy. The firm’s attorney Joon Kim will lead the inquiry, which the company said is expected to be urgent and independent. Nvidia stated it has no reason to believe that national security or company secrets were compromised.
Anthropic is seeking a valuation of $1.4 trillion for its upcoming IPO, with the company looking to raise as much as $64.4bn in what would be one of the largest stock market debuts in history.
Interest rates have risen for the first time in more than three years, with the Bank of England increasing the rate to 4% from 3.75% to help curb inflation, according to the BBC.
The cryptocurrency exchange Binance has started to allow its customers to withdraw their funds from the platform, as it recovers from a record $6.3bn (£4.7bn) hack. The FBI confirmed that North Korea was responsible for the theft of more than $6bn in virtual assets from the exchange on October 29.
The FBI has linked North Korea to the theft of a record $6.3bn in virtual assets from cryptocurrency exchange Binance. Malicious actors from North Korea were observed laundering the stolen assets by converting them primarily into the cryptocurrency Ethereum, the FBI said in a statement on Saturday.
A U.S. blockchain intelligence firm has attributed a record $6.36 billion cryptocurrency theft from Binance to North Korean hackers, according to a report by Yonhap.
Binance, the world’s largest cryptocurrency exchange, said it suffered a $6.3 billion hack, with North Korea-linked hackers identified as the likely perpetrators. The company pledged to cover all losses using its Secure Asset Fund for Users (SAFU) and company funds. Co-CEO Richard Teng said: “Bottom line – your money is safe, and we’re covering every loss.”
Alphabet, the parent company of Google, lost over $500bn in market value after its quarterly earnings report revealed significant financial challenges tied to its artificial intelligence (AI) investments, according to BBC.
The US Federal Reserve has kept interest rates unchanged at 3.75%-4%, a decision made just days before the midterm elections and following the first rate increase in three years. Fed Chair Kevin Warsh stated that the central bank is taking a wait-and-see approach to assess the impact of recent policy actions.
European Central Bank President Christine Lagarde announced on October 29, 2026, that she will step down on February 7, 2027, nearly nine months before the end of her eight-year term. The ECB confirmed the decision in a statement, with European Council President Antonio Costa announcing that the process to find her successor would begin immediately. Lagarde said in a video message, “I leave this institution with a sense of good work done and an ECB that is fit for the future.”
The U.S. Federal Reserve on Wednesday held its benchmark interest rate steady, maintaining the rate in the 3.75-4.00 percent range amid ongoing concerns about high inflation. Fed Chair Kevin Warsh said inflation remains 'too high' and that the central bank's priority is to ensure it returns to the 2 percent target.
Callum Turner, Jack Lowden and Josh O'Connor are among the actors thought to be taking part in final auditions to play James Bond, according to reports. Screen tests are said to be taking place this weekend.
Elon Musk has said he supports the idea of a merger between Tesla and SpaceX, and it is currently under active consideration, according to BBC. He noted that special committees have been formed to examine the potential merger, though no agreement has been reached.
China’s ANTA Sports has completed its €1,505.5 million cash acquisition of a 29.06% stake in PUMA SE, becoming the German sportswear brand’s largest shareholder, the group announced in Hong Kong on 7 October 2026.
Experts recommend nuts, dried herbs, and tinned foods as essential emergency items, according to BBC and The Guardian reports.
Netflix’s 'Monster: The Lizzie Borden Story' returns in 2026 with eight 40–60 minute episodes, starring Ella Beatty as the infamous figure at the center of one of the most enduring murder cases of the 19th century.
Warren Buffett has stepped down as chairman of Berkshire Hathaway after 56 years, according to a report from Ad-hoc-News.de.
The United States and Denmark have reached a deal over Greenland following months of annexation threats by President Donald Trump. The agreement recognizes Greenland's interests and is described as a 'historic deal' by US Secretary of State Marco Rubio.
Warren Buffett has stepped down as chairman of Berkshire Hathaway after more than 50 years in the role, according to npr.org and abcnews.com.
Warren Buffett has reiterated his support for stock buybacks as a smart use of capital when done correctly, while also stepping down as chairman of Berkshire Hathaway, with his son Howard taking the helm.
Nigerians are celebrating newfound ownership in Dangote Refinery after a record-breaking share sale, with over four billion shares sold in Africa's largest-ever IPO. The $4 minimum investment has sparked a frenzy on social media.
The US Federal Reserve raised interest rates for the first time since July 2023, voting to increase the federal funds rate to a range of 3.75% to 4%. The move aims to combat persistent inflation, which has exceeded the 2% target for over five years.
Japan's Bank of Japan (BoJ) has raised interest rates to 1.25 percent, their highest level in 31 years, according to Al Jazeera.
Xabi Alonso said Chelsea’s ambition was “very clear” after Clearlake Capital took full control of the Premier League club, ending Todd Boehly’s chairmanship. Chelsea announced late on Wednesday that Clearlake, led by co-founders Behdad Eghbali and Jose E Feliciano, would acquire the stakes of Boehly and director Mark Walter.
