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A Scandal at the Center of the Economy

November 12, 2026 · 1:16 pm ET · Leave a Comment

Charlie Warzel: “Given the obsession over the AI race between the United States and China, you might imagine that news of the man leading the most important company in AI being caught in an extramarital relationship with a woman believed to be a Chinese spy would spark outrage and excoriation without parallel. You could suppose that such reckless behavior, upon discovery, might lead to widespread calls for immediate resignation and for deep investigation—not just of the executive, but the entire company. Pitchforks, et cetera.”

“It is curious, then, that, as news came out that the Nvidia CEO, Jensen Huang, had had a romantic relationship with a Chinese businesswoman who was also an asset of Beijing’s Ministry of State Security, notable factions of Silicon Valley and Washington, D.C., seemed nonplussed.”

Vanity Fair: Loose lips sink chips: Silicon Valley reacts to the (alleged) spy who shagged Jensen Huang.

National Security, Scandal, Technology

Trump Backs Howard Lutnick Over Nvidia Scandal

November 12, 2026 · 11:07 am ET · Leave a Comment

“President Donald Trump gave a vote of confidence to Commerce Secretary Howard Lutnick, despite reports about his department’s lax efforts to prevent China from obtaining Nvidia Corp.’s advanced artificial intelligence chips,” Bloomberg reports.

“The White House backed Lutnick on Thursday soon after Jensen Huang was ousted as Nvidia’s chief executive officer following revelations he had an extramarital affair with a suspected Chinese spy. The incident intensified scrutiny of his close relationship with Trump and dealings with the administration.”

Technology, White House

Nvidia CEO Jensen Huang Resigns

November 12, 2026 · 9:05 am ET · Leave a Comment

“Nvidia Chief Executive Jensen Huang has resigned after two extramarital affairs, including one with a suspected Chinese spy and another with an employee,” the Wall Street Journal reports.

Mediaite: Jensen Huang met alleged spy lover through her own husband.

Scandal, Technology

Ukraine Says SpaceX’s Starshield Faces Speed Restrictions

November 12, 2026 · 5:55 am ET · Leave a Comment

“President Volodymyr Zelenskyy said Ukraine was investigating what he described as fresh restrictions on SpaceX’s Starshield service over the country, after similar speed limitations were imposed last month,” CNBC reports.

Foreign Affairs, Technology

Huang’s Coziness with Trump Wasn’t Enough to Save Him

November 11, 2026 · 10:43 pm ET · Leave a Comment

“For nearly two years, Jensen Huang enjoyed direct access to President Trump and vast influence over America’s AI policy. Even still, Huang has been unable to head off a deepening scandal involving an affair with a suspected Chinese intelligence source that has now prompted Nvidia’s board to make preparations for his ouster,” the Wall Street Journal reports.

“From the outset, some Trump administration officials were deeply uncomfortable with the Nvidia CEO’s posture toward China. Those concerns fell on deaf ears as Huang built his power both in Silicon Valley and Washington.”

CBS News: Nvidia’s board preparing to oust CEO Jensen Huang, sources say.

National Security, Technology, White House

Hawley Backs Nationwide Data Center Moratorium

November 11, 2026 · 1:40 pm ET · Leave a Comment

“Sen. Josh Hawley endorsed a temporary pause on data center construction Wednesday, becoming the highest-ranking Republican to back a nationwide moratorium,” Politico reports.

Senate, Technology

The Tech Right Pivots Left

November 11, 2026 · 6:12 am ET · Leave a Comment

Politico: “Nowhere is that hard pivot more on display than with Alex Karp, the CEO and co-founder of secretive tech giant Palantir, which bet massively on Trump 2.0 and became an administration darling in the process.”

“Inside Palantir’s Manhattan lair, in an exclusive sitdown with Playbook, Karp — who once criticized the Democratic Party as ‘totally irresponsible’ — deployed the word ‘progressive’ eight times to describe his philosophy while acknowledging Democrats ‘absolutely’ corrected in 2026 enough to win back his support in 2028.”

Said Karp: “I’ve been a Democrat my whole life. I grew up in a far left environment. I know more about being a progressive than almost anybody on the planet, and I absolutely believe Palantir— all of our products are essentially progressive.”

2028 Campaign, Technology

Getting Too Close to Trump Was a Mistake

November 10, 2026 · 1:08 pm ET · Leave a Comment

Nick Clegg: “Over the past week, following MAGA’s significant losses in the midterms, I have been asked the same questions again and again: How could Silicon Valley have gotten it so wrong? Why did tech leaders not anticipate the consequences of joining themselves at the hip to MAGA straight after Donald Trump won reelection in 2024?”

“What follows is not a critique of the individual tech leaders themselves—some were more restrained than others—nor is it a personal commentary on Mark Zuckerberg, my former boss. I take it as a given that they all acted in what they saw as the interests of their own companies. Rather, my critique is of a herd mentality in the Valley that, in this important instance, led to such a serious and wholly predictable misjudgment.”

“It is especially interesting to try and understand why this happened because, measured against their own stated reasons for the great pivot, it has been a near-total failure.”

2026 Campaign, Technology

Silicon Valley’s Trump-Era Playbook Is Falling Apart

November 10, 2026 · 5:39 am ET · Leave a Comment

Washington Post: “For two years, they enjoyed extraordinary access to the president as his administration rolled back regulations, weakened government oversight and embraced artificial intelligence’s rapid expansion. Some right-leaning tech figures, such as Elon Musk and venture capitalist David Sacks, took formal roles in the administration.”

“But as Democrats swept races across the country last week — propelled in part by Americans’ rage over data centers and fears about AI — some tech leaders are now plotting a dramatic shift in strategy.”

The Guardian: Elon Musk and the tech bros banked on Trump and lost. Humbled, humiliated: what will they do next?

2026 Campaign, Technology

White House Network Possibly Exposed to Hackers

November 9, 2026 · 11:11 am ET · Leave a Comment

“White House staffers might be using a Windows app that can also secretly give cybercriminals a way to route traffic through West Wing internet addresses,” PC Magazine reports.

“Two cybersecurity providers have uncovered evidence that numerous residential proxy services have access to the White House’s network. That’s concerning because proxy services sell access to IP addresses in different parts of the world.”

“It’s also alarming because cybercriminals regularly use proxy services to stage and hide their hacking activities by exploiting IP addresses that may be associated with a legitimate user’s residence, office, or even a government agency.”

Technology, White House

Jensen Huang Spy Scandal Rocks AI Race

November 9, 2026 · 6:55 am ET · Leave a Comment

“The world’s most powerful AI executive admitted Sunday to an affair with a suspected Chinese spy, sending shock waves through an industry built on his singular influence,” Axios reports.

“Nvidia CEO Jensen Huang has fashioned himself as the indispensable leader of an indispensable company — a $4.5 trillion behemoth with unparalleled clout in Silicon Valley, on Wall Street and inside President Trump’s White House.”

“Trump stood by Huang on Sunday evening, telling reporters that the Nvidia CEO is ‘an honorable guy’ and ‘probably has an excuse’ for his infidelity.”

New York Post: Trump defends “honorable” Nvidia boss after explosive affair with Chinese “spy” revealed.

Scandal, Technology

One Town in America Voted in Favor of Data Centers

November 7, 2026 · 7:33 pm ET · Leave a Comment

Fortune: “Of the 45 ballot measures on data centers this past election, only one went the pro-data center way… That initiative belonged to Harwood, a North Dakota town 10 miles from Fargo and home to about 940 people, which overwhelmingly voted against a ballot measure that would place limitations on large-scale industrial developments such as data centers.”

“About 75% (325) of the 430 votes cast on Tuesday opposed the measure.”

City Hall, Technology

Voters Rebuff Data Centers in Nearly Every Ballot Measure

November 5, 2026 · 5:43 pm ET · Leave a Comment

“The artificial intelligence data center boom hit a roadblock on election night, further complicating the tech industry’s historic expansion plans,” CNBC reports.

“There were 41 local ballot measures in 10 states up for a vote on Tuesday that would place restrictions on the construction of data centers in different ways.”

Bloomberg: Only one town out of dozens in U.S. voted in favor of data centers.

Technology

Elon Musk Suffers Political Setback

November 5, 2026 · 12:14 pm ET · Leave a Comment

“Democrats’ sweeping midterms victory marked a major rejection of Elon Musk and the artificial-intelligence industry, as a broad backlash against U.S. President Donald Trump and his tech allies put their political influence — and the debt-fueled data center buildout — under sharper scrutiny,” CNBC reports.

“Across the country, voters pushed back against billionaire influence and the growing power of technology companies, electing critics of the AI industry and approving restrictions on data centers fueling its expansion.”

New York Times: Tech billionaires face tricky political waters after Democratic midterm sweep.

2026 Campaign, Technology

North Korea Denies Role in Binance Heist

November 3, 2026 · 4:55 am ET · Leave a Comment

“North Korea has denied it was behind the record-breaking $6.3 billion hack of cryptocurrency exchange Binance, in a move analysts say is designed to push back against Western depictions of the regime as a rogue state,” the Wall Street Journal reports.

Foreign Affairs, Technology

The Center of America’s Political Spam Text Hell

November 2, 2026 · 6:58 am ET · Leave a Comment

Dhruv Mehrotra: “I’ve gotten nearly 2,000 campaign fundraising texts that were meant for someone else. I tried to find out why—and uncovered a labyrinth of politicians, data brokers, and shady tactics.”

Technology

Hacker Makes Off with Record Crypto Haul

October 30, 2026 · 12:02 pm ET · Leave a Comment

“Binance, the world’s largest cryptocurrency exchange, said late Thursday that $6.3 billion in user funds had been affected by an attacker in what appears to be by far the largest theft of digital currencies in history,” the Washington Post reports.

Financial Markets, Technology

‘Slopaganda’ Has Taken Over the Midterms

October 30, 2026 · 11:55 am ET · Leave a Comment

“Call it the slop election,” MS NOW reports.

“This year’s midterms have dovetailed with the moment experts have been warning about for years: when generative artificial intelligence makes content that looks real enough to fool people, is accessible to almost everyone and can be deployed at massive scale.”

“Political action committees and campaigns spent well over $100 million on fake ads to influence federal, state and local elections this year. Fake pollsters used AI to make up shops and reports overnight. And political-attack websites disguised as nonprofit think tanks swayed local elections.”

2026 Campaign, Technology

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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