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NVIDIA's board of directors announced today that co-founder Jensen Huang has resigned from his positions as President, Chief Executive Officer, and Director, effective immediately. The company's current Executive Vice President and Chief Financial Officer Colette Kress will serve as interim CEO while continuing to manage the company as CFO. The board has initiated the selection process for a new CEO, considering both internal and external candidates.The 58-year-old Kress joined NVIDIA in September 2013 and has been with the company for over 13 years, being one of the core management members who accompanied NVIDIA's growth from a graphics chip manufacturer to a global AI chip giant. During her tenure, NVIDIA's annual revenue grew from approximately $4.1 billion in fiscal year 2013 to $21.59 billion in fiscal year 2026.Before joining NVIDIA, Kress worked at Cisco for 3 years and spent 13 years at Microsoft, where she served as the financial leader of the Server and Tools division, and also worked at Texas Instruments for 8 years. She has long been responsible for NVIDIA's financial strategy, capital allocation, performance disclosure, and investor relations, serving as an important representative for the company in communications with Wall Street, and has participated in the company's quarterly earnings call multiple times.

NVIDIA announced that CEO Jensen Huang has resigned from his positions as President, Chief Executive Officer, and Board Member effective immediately.In addition, NVIDIA has appointed Colette Kress as the interim Chief Executive Officer while she continues to serve as Executive Vice President and Chief Financial Officer; Harvey C. Jones has been appointed as the company's first Chairman of the Board.

Arthur Hayes is optimistic about Anthropic's initial public offering performance, stating that he is increasing his crypto risk positions and maintaining a small to medium size for quick liquidation when necessary.

Market news reports that Anthropic has launched office tools ahead of its IPO, competing with Microsoft (MSFT.O).

Google's AI programming tool Antigravity has added a Knowledge Work office mode, making the AI Agent, originally aimed at programmers, easier to use for research, writing, data analysis, and creating documents and presentations.The new mode hides development tools such as terminals, Git, and code modification records, focusing instead on conversations, documents, and task outcomes. Users do not need to understand code repositories and can directly have the Agent handle local files, call tools, and complete multi-step tasks.The old and new modes use the exact same underlying Agent, and there has been no reduction in models, plugins, Skills, MCP, or custom Agents. Users can switch between modes at any time without needing to restart the application. Google revealed that currently, tens of thousands of non-software engineering employees within the company use Antigravity weekly, covering departments such as sales, finance, law, design, research, and operations.

The Chief Information Security Officer of Slow Fog, 23pds, reminds that malicious IPA can utilize worse_query to read other application containers, and plaintext stored wallet data may be at risk.

Strive's Chief Investment Officer Ben Werkman stated that the growth rate of Bitcoin holdings per share is a key indicator of the capital allocation efficiency of treasury companies, but it cannot be assessed in isolation from financing costs and capital structure.When a company's stock price is at a premium relative to its Bitcoin net assets, issuing common stock to purchase Bitcoin can increase the per-share holding amount. Stock buybacks can also enhance this metric, but may deplete cash reserves. Werkman noted that if the funds raised from preferred stock financing are continuously used to buy back common stock, it may weaken the asset protection of preferred stock dividends and harm the interests of preferred stock investors.

Chief Investment Officer Ben Werkman believes that Bitcoin Treasury companies should weigh the impact of stock issuance, credit financing, and buybacks on different investors.

Binance's Chief Security Officer Jimmy Su stated during a fireside chat on Binance X Space that Binance is hiring external security experts to conduct a comprehensive independent review of the security incident that occurred on October 29, in order to verify the conclusions of the internal investigation and provide improvement suggestions.At the same time, Binance is collaborating with leading AI companies and security firms to establish a security research fund, focusing on researching security threats related to blockchain and AI. In the future, internal AI tools and development environments will be managed according to critical infrastructure standards.Regarding the previous security incident, Jimmy Su explained that the transaction authorization used by the attackers exists on-chain and does not go through the Binance withdrawal system. Therefore, suspending withdrawals cannot prevent the related funds from being transferred; it must be revoked through a new on-chain transaction.Due to Binance's hot wallet using multi-party computation (MPC) technology, there is no single private key that can be directly used to revoke authorization. The team needed to temporarily formulate a revocation process, which took several hours to control the situation.

According to Beating AI News, Alibaba has released Qianwen Office 2.0, which adds a "Trigger Task" feature. Previously, this product could only execute tasks automatically at preset times; now it can also allow AI to start processing automatically upon receiving specific messages, approvals, or pending events.For example, after the boss sends work arrangements via DingTalk, the AI can automatically organize the requests into to-do items according to pre-set rules. Users can view the execution results and can modify or turn off the rules at any time.Tasks can be executed on local computers or in the cloud. Pure cloud tasks do not rely on the computer being powered on and can continue running even after the computer is shut down.

According to the official announcement from Binance, Co-CEO Richard Teng and He Yi will have a fireside chat with Chief Security Officer Jimmy Su at 20:00 Beijing time on November 9 in X Spaces, hosted by Jessica Walker.

According to The Defiant, Binance has appointed Justin Yek as Chief Financial Officer, with Kaiser Ng set to step down from the position.Binance co-CEO He Yi stated that the handover plan has been in preparation for six months, which is earlier than the $6.34 billion theft incident involving the exchange.

According to The Verge, the U.S. government has approved the Chinese company New Matrix to purchase NVIDIA H200 AI chips, but the company's registered office location is vacant, raising concerns about whether the chip sales review is sufficient.The report cites The New York Times, stating that New Matrix was established about 17 months ago, and there is little public information available. The business directory for its registered address does not list the company, and property personnel in the park also indicated that there are no records of it. The company's owner is associated with a Chinese private equity firm that has been blacklisted by the U.S. since 2024.The report also mentions that it is not an isolated case for companies associated with entities subject to U.S. national security-related trade restrictions to be approved for purchasing NVIDIA chips.

The Deputy Secretary for Financial Services and the Treasury, Chen Haolian, stated at the Legislative Council's Financial Affairs Committee meeting that Hong Kong will further optimize the preferential tax system for funds, single family offices, and associated rights, including expanding the scope of the tax exemption system to cover large-scale single investor funds and include more eligible investments, such as loans and private debt investments, digital assets, precious metals, and more.Once the relevant amendment bill is passed, the measures can be implemented starting from the 2025/26 tax year. Chen Haolian also mentioned that Hong Kong's central clearing and settlement system for gold will officially be launched in the first quarter of next year, providing efficient and reliable clearing services for internationally standardized over-the-counter gold trading.

According to the information released by the SEC, Robinhood (HOOD) GC Daniel Martin Jr sold 10,000 shares of the company's stock at an average price of $85.05 per share on November 3, with a total value of approximately $850,500. After the transaction, his direct holdings decreased to 489,943 shares. Additionally, Robinhood's Chief Accounting Officer Dara Bazzano sold 4,473 shares of the company's stock at an average price of $85.32 per share on November 2, with a total value of approximately $381,160. After the transaction, her direct holdings decreased to 0 shares.

On November 4, NASDAQ-listed company SVRN, Inc. (Ticker: SVRN) announced the appointment of Patrick O'Kain as Chief Operating Officer, effective November 3. O'Kain will be responsible for operations, product strategy, and corporate development, including the integration of acquired businesses. David Schwed, who has served as Chief Operating Officer since October 2025, will transition to Senior Advisor starting January 1, 2027, and will continue to advise management on technology and security.O'Kain has over 20 years of experience in venture capital, institutional consulting, federal law enforcement, and national security. He previously served as a General Partner at the digital asset investment firm Borderless Capital, where he was responsible for building and managing the venture capital fund business, covering fundraising, investment, and operations. Earlier, he was involved in establishing and expanding KPMG's cryptocurrency consulting business, providing advisory services to banks, fintech companies, and other institutional clients, and worked alongside SVRN CEO Sal Ternullo. He served as a special agent for the U.S. Department of Justice, where he was involved in developing cryptocurrency investigation strategies and leading related investigations, starting his career in U.S. intelligence, and holds an MBA from Columbia Business School.SVRN was formerly OceanPal Inc., with business focused on NEAR Protocol, including managing NEAR-based digital asset reserves, promoting commercial adoption of NEAR products, and supporting, building, and acquiring related businesses. The announcement stated that over the past year, the company has expanded from managing digital asset reserves to operating critical NEAR infrastructure, participating in network governance, and completing its first acquisition of FastNEAR. Schwed played a foundational role in the company's transformation from OceanPal Inc. to SVRN, Inc. Sal Ternullo stated that he has worked with O'Kain at KPMG for many years and is confident that O'Kain is suited to drive the company's next phase of development.

Sequoia Capital published a long article titled "The Sequoia of Tomorrow" on X, introducing a series of adjustments made after completing the generational transition for one year.Sequoia stated that it will focus on high-confidence, highly selective venture capital, simplify the structure of the Sequoia Capital Fund, discontinue the batch accelerator Arc and Scouts projects, and streamline its operations and investment teams.Sequoia will no longer distinguish between "early-stage" and "growth-stage" teams, unifying them into one team; at the same time, it will close its London office, with some employees leaving, and will support European entrepreneurs from its headquarters in the San Francisco Bay Area in the future.In addition, Sequoia mentioned that it has flattened the partner structure, canceled the weekly partner meeting cycle, and has raised approximately $10 billion for a new fund. Currently, Sequoia is jointly held and operated by seven general partners, with a positive outlook on areas such as AI, space, biotechnology, and re-industrialization.

The Office of the Comptroller of the Currency in the United States has issued a regulatory framework for banks using artificial intelligence.

The technology media outlet "DuJia" has learned that ByteDance's AI office assistant product Doubao Work has launched business-related plugins such as Douyin Life Services and is being promoted to enterprise users on a small scale. Users can now access official plugins like Douyin Life Services Management, Massive Local Push, and TikTok for Business through the "Plugins" page of Doubao Work.After completing the necessary account authorization, merchants can delegate questions regarding recent sales performance, advertising expenditure, and other issues to Doubao Work for data retrieval and analysis, and receive review reports and adjustment suggestions. "DuJia" observed on the plugins page that through "Douyin Life Services Management," after merchants authorize login to Douyin Customer and Business Insights, they can query operational data and generate review reports that include analysis conclusions and action suggestions.