Afternoon edition, Saturday 14 November

FAA ISSUES NATIONAL GROUND STOP -FAA

FAA ISSUES NATIONAL GROUND STOP -FAA

FAA: INBOUND INTERNATIONAL FLIGHTS WILL BE MANAGED ON A CASE BY CASE BASIS FAA: ALL DEPARTING TRAFFIC SHOULD REMAIN GROUND STOPPED UNTIL FURTHER NOTICE ATTENTION ALL AIRCRAFT OPERATORS, BY ORDER OF THE FEDERAL AVIATION COMMAND CENTER ALL AIRPORTS ARE GROUND STOPPED. ALL DEPARTING TRAFFIC SHOULD REMAIN GROUND STOPPED UNTIL FURTHER NOTICE

BREAKING: FAA issues nationwide ground stop with all flight departures halted.

The FAA has issued a nationwide General Ground Stop due to 'Extraordinary circumstances.' I got this before it was removed. It appears to have been deleted so potentially they have been hacked.

The @FAAnews issued a nationwide ground stop for all U.S. airports following a communication issue impacting all Air Route Traffic Control Centers. FAA technicians are investigating the issue. We will provide immediate updates as we have them.

There has been a temporary telecommunications outage - out of an abundance of caution all flights have been halted. Every flight has been accounted for and international flights will be handled on a case by case basis.

*FAA GROUND STOP SET TO BE IMMINENTLY LIFTED: AIR CURRENT

*US GROUND STOP RESULTED FROM DATA OVERLOAD: TRANSPORTATION SEC.

*US GROUND STOP RESULTED FROM DATA OVERLOAD: TRANSPORTATION SEC.

*SOFTWARE PATCH LED TO OVERLOAD THAT TRIGGERED US GROUND STOP

If NVIDIA employees want Jensen back, they should start with “NVIDIA is nothing without its people” - resign and chill. Good GPU engineers are very hard to find and even harder to replace than ML engineers. Engineers should take their destiny into their own hands if they love the company. They shape and deliver the company mission, not the boards.

News: The US intel community is still working to understand the relationship between a Chinese businesswoman who had an affair with Nvidia CEO Jensen Huang and the Chinese government, with multiple sources telling CNN that the intelligence collected on her to date does not prove that she was acting as a spy for Beijing. cnn.com/2026/11/12/politics/alice-huang-us-intel

Bombshell story. The spy narrative is collapsing already. Is there clear & convincing evidence that Alice Huang was a Chinese spy? - AG says no. (“no conclusions reached”). - CIA says no. (“not yet convinced”). - DNI says no (“not entirely accurate and over-torqued”). - Ranking Democrat on House Intelligence (incoming Chairman) says no. (“today, at least, I don’t know”). This was immediately after he was briefed. Who argues otherwise? Anonymous officials tell CNN “it strains credulity to believe that she was not acting as an agent of the Chinese government — simply by virtue of the fact that she is a successful Chinese businesswoman working with one of America’s most powerful companies.” This is their proof after a year of investigating and surveillance? That she was a “successful Chinese businesswoman”? At this point, the only crime that we know for sure happened is the leaking of the classified memo. Who did that and why? An investigation should be opened.

I'm glad this prediction market is already up. polymarket.com/event/jensen-huang-rejoins-nvidia

Nvidia is nothing without its people. It now appears the national security allegations may be as fake as Russiagate. If so, Nvidia employees, shareholders, partners, and customers have immense leverage. Whether publicly or privately, collectively or individually, they can approach the members of the board that precipitously pushed for Jensen’s resignation and instead demand that anti-Jensen board members resign. Else mass employee resignations may follow, as may shareholder, partner, and customer suits against anti-Jensen board members for breaching their fiduciary duty. Because the value of Nvidia as an economic entity — for its employees, shareholders, partners, and customers — is obviously far higher if the founder and CEO of what was the most valuable company in world history is reinstated and this coup is defeated. Trillions in capital, the fate of open weight AI, and the global economy itself all hang in the balance. So: if you are e/acc, if you are a techno-optimist, if you support open weight models, or if you just want to rectify a gross injustice — it is legitimate for you to politely press the Nvidia board with every tool at your disposal to reinstate Jensen Huang. Remember how much capital is at stake. For many parties, it’d be worth it to spend millions — or even billions — on any legally permissible tactic that can get anti-Jensen board members to reverse their votes and then step down. Remember also: the kind of spineless NPC board member that would vote against Jensen Huang due to a bad news cycle would likely buckle if subject to even 1/1000 of the scrutiny that poor Jensen has been subject to. Mechanically: step one is to do citizen journalism to determine how each board member voted. Step two is to get the anti-Jensen board members to resign. And step three is the return of the king. OpenAI shows it can be done. There are after all just a few human beings who need to change their anti-Jensen votes, or step down, or both. Their names and duties are public. And they’re meant to be accountable to the shareholders. This analysis by @gemchange_ltd is as good a place as any to start.

I support return of the king but the board did not vote at all per NVIDIA’s 8-K filing with the SEC on Nov 12th. Jensen just resigned from everything voluntarily. Consider he even resigned from the board as a director, which would have otherwise required atleast shareholder majority vote which the board didn’t have.

@JensenHuang @nvidia New prediction market just dropped: if the national security allegations are as false as Russiagate, when will the anti-Jensen board members step down — and when will Jensen Huang be reinstated?

No. There’s no way this was voluntary. What likely happened is: Jensen was given an ultimatum by 6 of 10 board members: either resign his CEO role *and* his board seat, or be formally removed[1] from his CEO role by 6 of 10 board members. The latter path is messier, and they hit him at a psychological low point, like they hit Travis Kalanick. So he did it under duress. But now…the world is starting to realize how much damage the anti-Jensen board members caused to shareholders. And leverage has flipped. I mean, look. If it was just a “voluntary” resignation then the board could reinstate him tomorrow and he’d accept. In reality the anti-Jensen board members will need to flip or resign for that to happen. And so, legal pressure will be applied. [1]: See sections 29 and 32 of the SEC filing on Nvidia’s bylaws. They say officers can be removed by a majority of directors at any time: sec.gov/Archives/edgar/data/1045810/000104581024

Statement from Singapore Govt re Alice Huang, that there were no investigations conducted

@yunta_tsai A petition is underway to reinstate Jensen and I’m signing it too

@yunta_tsai A petition is underway to reinstate Jensen and I’m signing it too

If NVIDIA employees want Jensen back, they should start with “NVIDIA is nothing without its people” - resign and chill. Good GPU engineers are very hard to find and even harder to replace than ML engineers. Engineers should take their destiny into their own hands if they love the company. They shape and deliver the company mission, not the boards.

@yunta_tsai A petition is underway to reinstate Jensen and I’m signing it too

The standwithjensen.com/#letter is currently overwhelmed with requests to sign it. Need to upgrade those servers!

This letter was sent to Nvidia's board today. A first for @atreidesmgmt Absolutely share @altcap belief that this letter outlines minimum acceptable standards.