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US obtains court approval to seize, restrain over $1.2 bil. stolen in NK Binance theft
Nov 14, 2026

US obtains court approval to seize, restrain over $1.2 bil. stolen in NK Binance theft

WASHINGTON — The U.S. Justice Department has said it has obtained court authorization to seize or restrain more than $1.2 billion in cryptocurrency purportedly stolen by North Korean hackers from crypto exchange Binance last month. The $1.2 billion subject to court-authorized seizure or restraint is part of more than $2.7 billion in assets frozen by U.S. authorities and private-sector partners, following the theft of over $6 billion in virtual assets from Binance, according to a department release issued Thursday. The hackers, identified by the Federal Bureau of Investigation (FBI) as a group called TraderTraitor, are continuing to launder the stolen assets through cryptocurrency bridges, mixers and exchanges, while U.S. authorities work to trace and recover the funds, according to the department. "North Korea's government bankrolls its rogue regime and illicit weapons program through cryptocurrency theft," said M. Scott Proctor, principal deputy assistant attorney general for national security. "Today's announcement shows that America will fight back against that corrupt regime's eff

Microsoft 'deeply sorry' as outage triggers global chaos
Nov 14, 2026

Microsoft 'deeply sorry' as outage triggers global chaos

WASHINGTON — Microsoft on Friday apologized for a global outage that disrupted public services and businesses around the world, as it reported a "broad recovery" for Outlook email and other services. The company ruled out any malicious "cyber or AI" activity as the cause of the outage, which affected several Microsoft products and disrupted health care services, delayed corporate earnings reports and left schools struggling to communicate. "We are deeply sorry for the disruption this incident has caused our customers and partners," Microsoft said on X, adding full services were still being restored after the outage started on Thursday. "We are seeing broad recovery and stability across our services. This was a technical issue not related to cyber or AI / agents." The disruption knocked out Microsoft products in 74 countries and territories, affecting users across the Americas and parts of Europe, Asia and Africa, according to the outage tracker Downdetector. A top UK trade union said the disruptions had a "serious impact" on the country's health care service. National Health Service staf

Trump may view OPCON transfer as path to US troop withdrawal: experts
Nov 14, 2026

Trump may view OPCON transfer as path to US troop withdrawal: experts

WASHINGTON — U.S. President Donald Trump seems to view an envisioned transfer of wartime operational control (OPCON) to South Korea as a potential means of withdrawing American troops from the Korean Peninsula, U.S. experts assessed Friday. Victor Cha, Korea chair at the Center for Strategic and International Studies (CSIS), made the remarks during an online discussion hosted by the Washington-based think tank on the state of the South Korea-U.S. alliance. "It has been said, and I think said very credibly, that President Trump sees OPCON transition as a way to pull the forces from the peninsula," Cha said. "The president is the commander in chief," he said. "There are ways that the president can do things if he is so committed to that particular task." Cha said that even if Congress established a minimum level of U.S. troops in South Korea through the National Defense Authorization Act (NDAA), Trump could still find ways to reduce the American military presence. "They should have no illusions that this is not the way the U.S. president thinks," he said. "He clearly sees this as a way fo

Nvidia ex-CEO Huang summoned to testify before US lawmakers: senator
Nov 14, 2026

Nvidia ex-CEO Huang summoned to testify before US lawmakers: senator

WASHINGTON — Jensen Huang, who resigned as Nvidia's chief executive, has been asked to appear before U.S. lawmakers, a Republican senator said on Thursday, adding that the commerce secretary was also summoned. "Recent reports raise serious concerns about our national security and the protection of sensitive U.S. technology. I am requesting that NVIDIA CEO Jensen Huang and Commerce Secretary Howard Lutnick testify before the Senate Banking Committee," the committee's chairman Tim Scott said on X.

Nvidia approached Arm CEO Haas to succeed Huang, FT reports
Nov 14, 2026

Nvidia approached Arm CEO Haas to succeed Huang, FT reports

Nvidia's board has approached British chipmaker Arm Holdings CEO Rene Haas in its search for a potential successor to Jensen Huang, the Financial Times reported on Friday, citing people familiar with the matter. Huang stepped down on Thursday after revelations of extramarital affairs, including one involving a suspected Chinese spy, plunging the chipmaker into crisis and sending shockwaves across an AI industry he helped bankroll. Haas' name has been making the rounds among analysts since Huang's exit. He spent seven formative years at Nvidia, rising to vice president and general manager of its computing products business, before joining Arm in 2013. He is among several candidates being considered and there is no guarantee he will be offered the job or accept it, the FT reported. Nvidia's finance chief Colette Kress is currently interim CEO. Arm declined to comment, while Nvidia did not immediately respond to a Reuters request for comment. Reuters could not independently verify the report. Haas became Arm CEO in 2022, overseeing the company's Nasdaq listing in 2023. Arm designs processor

S. Korea fall to Saudi Arabia in football for 1st time in 21 years
Nov 14, 2026

S. Korea fall to Saudi Arabia in football for 1st time in 21 years

AL RAYYAN, Qatar — South Korea fell to Saudi Arabia 3-2 in their men's football friendly match in Qatar on Friday, their first loss to the Middle Eastern foe in 21 years. Saudi Arabia, world No. 55, struck first late in the first half before scoring twice in a three-minute span in the second half for the victory at Jassim bin Hamad Stadium in Al Rayyan, just west of the Qatari capital of Doha. Oh Hyeon-gyu and Lee Jae-sung scored for 32nd-ranked South Korea, whose undefeated streak against Saudi Arabia was snapped at six. South Korea's previous loss to Saudi Arabia had come on Aug. 17, 2005. This was South Korea's fifth match under their temporary head coach Robert Moreno. The Taegeuk Warriors now have two wins, one draw and two losses on the Spanish tactician's watch. South Korea will next play Qatar at Abdullah bin Khalifa Stadium in Doha at 5 p.m. Tuesday (11 p.m. Tuesday in South Korean time). This was South Korea's first match since their 2-0 win over Uzbekistan on Oct. 6. In the immediate aftermath of that victory, a trio of 30-year-old veterans, Hwang In-beom, Hwang Hee-chan and

Pope Leo thanks God as 1.5 million cheer in Peru city he served as bishop
Nov 14, 2026

Pope Leo thanks God as 1.5 million cheer in Peru city he served as bishop

CHICLAYO, Peru — Pope Leo held the central event of his 12-day South America tour on Friday, an outdoor Mass in northern Peru where he told a vast crowd of people who once knew him as their bishop that he thanked God he was alive to see them. People arrived on foot and in lines of vehicles at an arid field outside Chiclayo, a city 10,700 km (6,650 miles) from Rome, where the former Robert Prevost, elected leader of the Catholic Church last year, is still described as "Padre" (Father) or "Amigo" (Friend). Cheers erupted as Leo toured in an open-air popemobile at the Pampas de Pimentel, a desert park west of Chiclayo, where people waved white-and-yellow Vatican flags and used umbrellas to guard against an intense Pacific coast sun. Screams of "Pope Leo is here!" and "The pope is from Chiclayo!" echoed across the field. In a sermon, Leo said it was a blessing to be in his adopted home exactly one month after he underwent lung cancer surgery, an operation many feared would force cancellation of his visit and which the pope told the crowd was a "time of trial." He thanked people in Chiclayo

Bessent blames Lutnick's Commerce Department for not restricting Nvidia chips to China
Nov 14, 2026

Bessent blames Lutnick's Commerce Department for not restricting Nvidia chips to China

WASHINGTON — Treasury Secretary Scott Bessent said Friday he was frustrated with the Commerce Department’s delay in implementing restrictions over the export of certain Nvidia chips to China. Bessent said on CNBC that his department, along with the departments of State and Defense and the U.S. Trade Representative, were in favor of adding Megaspeed to an export control list for months but that the Commerce Department was in charge of the matter. “I am frustrated when President Trump made it very clear China should not receive any Nvidia chips above H100s,” he said, referring to an older generation of the company's advanced AI chips. Commerce “has the pen, and you will have to ask them about their internal processes.” Bessent's comments were an unusually public rebuke of the Commerce Department, which oversees U.S. government controls over exports of sensitive, high-tech goods. The comments come as Nvidia’s ties to Singapore-based Megaspeed International, which prominently touts the companies’ partnership on its website, play a prominent role in the resignation of Nvidia

Stocks sway as Wall Street heads for winning week after several turbulent days
Nov 14, 2026

Stocks sway as Wall Street heads for winning week after several turbulent days

NEW YORK — Stocks swung sharply in morning trading Friday as Wall Street remains on track for its first winning week since early October. Major indexes have been unsteady throughout the week as AI-focused companies pushed and pulled the market. Many of those companies have big stock values with a heavier impact on the market's gains or losses. The S&P 500 shifted from modest moves at the opening of trading to a 1 percent drop. The index still remains on track for a weekly gain of 1.9 percent. The Dow Jones Industrial Average fell 67 points, or 0.1 percent, as of 10:37 a.m. Eastern time. The Nasdaq composite fell 1.8 percent. The market remains unsteady a day after the AI industry was rocked by the resignation of Nvidia CEO Jensen Huang. The company has been the face of the AI industry, which has been responsible for much of the gains, and big swings, on Wall Street. Huang stepped down after his affair with a Chinese tech executive raised U.S. national security concerns. Nvidia’s longtime chief financial officer, Colette Kress, will be its interim CEO. The AI industry's influence over W

US grounds flights nationwide after air traffic control communications outage
Nov 14, 2026

US grounds flights nationwide after air traffic control communications outage

WASHINGTON — The US Federal Aviation Administration grounded all departing flights nationwide on Friday after a communications failure hit air traffic control centers, in only the second such shutdown since the September 11, 2001, attacks. Nearly 7,000 flights were delayed or canceled, according to flight-tracking service FlightAware. Planes already in the air were allowed to land, but those on the ground could not take off. The disruption is the latest and most dramatic sign of strain on a US air traffic control system beset by equipment and communications failures, controller shortages and aging infrastructure. “The FAA 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,” Transportation Secretary Sean Duffy said in a post on X. Airline officials said the FAA had not indicated when the ground stop might be lifted, but there were preliminary indications the communications issues were improving in some plac

US to resume flights after air traffic network failure sparks chaos
Nov 14, 2026

US to resume flights after air traffic network failure sparks chaos

WASHINGTON — The US Federal Aviation Administration lifted a nationwide ground stop on Friday after a communications failure at air traffic control centers caused chaos at airports and triggered the longest nationwide shutdown since the September 11, 2001, attacks. Transportation Secretary Sean Duffy said US airspace reopened at 8:15 p.m. Eastern Time (0115 GMT), but warned that departures would resume gradually and it would take time for airlines to restore normal operations. "It's going to be slow," Duffy told reporters at the White House. More than 6,600 flights were canceled and 8,600 delayed, with another 1,500 already canceled for Sunday, according to FlightRadar24. Aviation analysts said the four-hour nationwide grounding could disrupt airline schedules for days. Duffy said tens of thousands of passengers were stranded at airports around the country. Duffy said he and Homeland Security Secretary Markwayne Mullin had met with President Donald Trump in the Oval Office to discuss the outage. The failure is the latest and most dramatic sign of strain on a US air traffic control syste

LIVE UPDATES: 49th ASEAN Summit in Manila
Nov 14, 2026

LIVE UPDATES: 49th ASEAN Summit in Manila

Leaders and representatives of the 11 members of the Association of Southeast Asian Nations, and their allies, are gathering in Manila for the bloc's biggest event of the year

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