Microsoft Outage Hits 70 Countries as Nvidia Faces Leadership Crisis
Microsoft experienced a global software outage affecting 70 countries while Nvidia appointed an interim CEO amid U.S. government scrutiny over Chinese chip sales.
A global software outage at Microsoft paralyzed businesses, schools, and government offices across more than 70 countries. The disruption impacted core services including Outlook, Teams, and Copilot, leading to significantly lower trading volumes in Europe. Microsoft reported early signs of stabilization and denied that the outage was caused by malicious intent.
Simultaneously, Nvidia Inc. entered a leadership crisis following the resignation of CEO Jensen Huang. Colette Kress has assumed the role of interim CEO. The company is currently under scrutiny from the U.S. Department of Justice and Congress regarding alleged Chinese espionage and the illegal sale of chips to China. U.S. Commerce Secretary Howard Lutnick has agreed to testify voluntarily regarding the processes used to prevent chips from reaching China.
In diplomatic developments, U.S. negotiators conducted separate meetings with Ukrainian President Volodymyr Zelenskyy in Ireland and Russian President Vladimir Putin in Moscow. The discussions focused on a prisoner swap involving over 1,000 people and a potential transition toward multilateral peace talks that would include European representatives.
