Microsoft outage causes major disruption

And who will take Jensen Huang's job?

Go beyond the headlines with Reuters on the stories shaping the day. Subscribe for $1/week. Daily Briefing Daily Briefing By Robert MacMillan Thanks for reading today’s edition of the Daily Briefing, assuming you received it at all given the Microsoft outage. Listen to today’s edition of our World News podcast to learn more about it, and read on for Friday’s big headlines. Today's Top News   REUTERS/Romina Amato It’s not just you. Microsoft’s Outlook, Teams and Copilot have been down for an unusually long time. Microsoft said server problems caused the outage and that it was not aware of any malicious activity. White House officials are discussing whether to push out Howard Lutnick after lawmakers criticized the commerce secretary over not doing enough to restrict AI chip shipments to China. Donald Trump pulled his vice president off the Iran beat and onto alleged crime and corruption in Democrat-run cities and states. JD Vance blamed the war for the Republicans’ midterm-election losses. Rescue teams found no more victims of a New York City apartment-building collapse that killed eight people including two children. The city will examine five companies associated with an adjacent Brooklyn construction site and more than 100 other sites connected to those companies. The gunman who killed one person and injured four others in Washington, DC was embroiled in a longstanding dispute with his condo association over mold and moisture in his apartment. Matt Lambert appeared to have deliberately targeted the building manager, who died from his wounds, before killing himself. Nvidia It seemed like Jensen Huang just might survive the revelation of his extramarital affair with a suspected Chinese spy. Less than an hour before markets opened on Thursday and less than a day after the New York Times revealed another affair, this time with a direct report, he was out. Trump and his attorney general said the Justice Department has not determined that Alice Huang was a spy. Meanwhile, Jensen Huang had an intimate relationship with a second employee at Nvidia, sources told us. Who should take over as Nvidia’s next CEO? Donald Trump favors Apple’s chief Tim Cook, but other names are circulating. Then there is Colette Kress, now interim chief executive, who spent years as the only executive willing to check Huang’s risky ambitions. Business & Markets   REUTERS/Carlos Barria Global stocks traded lower while the dollar and US Treasury yields climbed as Jensen Huang’s resignation rippled through the AI economy and the incredibly large amounts of money people have thrown at it. Who’s buying Nvidia stock at a time when its shares are trading at their lowest valuation since 2012? Retail investors, naturally. You read it here first: Amazon is working on a secret plan called World Product Graph, an effort to gather data on virtually every item for sale on earth, whether Amazon stocks it or not. The goal is to keep you on its site forever. Are you solvent? US banks collected the highest quarterly amount of overdraft fees from their customers in four years. Kalshi ended its advisory contract with Donald Trump Jr. after his venture-capital firm increased its stake in arch-rival Polymarket. How ICE melted Kansas   REUTERS/Matt Mills McKnight Federal immigration agents swept into this rural corner of Kansas in late September and detained 104 people, according to the local US Attorney. On Election Day, voters made themselves heard. Kansas elected a Democrat to the US Senate for the first time in nearly a century when Adam Hamilton ousted incumbent Republican Roger Marshall. The three counties most affected by the ICE raids swung toward Hamilton by more than 20 points on average from Donald Trump’s 2024 vote share, results compiled by Reuters and USA Today showed. Read more And Finally... REUTERS/Thaier Al-Sudani Did you know that the first finance minister of the modern Iraqi state was Sassoon Heskel, a Jew born in Baghdad? His portrait and those of many others hang on the walls of Baghdad’s first Jewish museum, offering tributes and a glimpse into a once integral part of life in Iraq that has all but disappeared. "I saw people’s interest in this subject, and I hope it is a seed of goodness that grows in the future, because the Jews were among the founders of this country," said Baghdad resident Nabil Abdul Hameed. "I hope those in charge will ⁠think about bringing the Jews back. The Jews have property, history and heritage. I wish they would come and take part in the revival of the country." 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