Shil

Don't be simply good. Be good for something.
Retweets are not endorsements

[The FAA ✈️ @FAANews]

The safety of the flying public is always the FAA’s highest priority. The FAA lifted the ground stop and some flight departures are resuming. Before clearing flights to resume, we thoroughly tested our systems to confirm they were stable and that operations remain reliable. 

Passengers should contact their airlines for flight updates.

[Fox News @FoxNews]

Friday the 13th lived up to its reputation.

A nonstop day of breaking news:

—A tanker slams into a New Orleans riverboat, sparking a dramatic rescue.

— A nationwide FAA ground stop throws air travel into chaos.

— SpaceX’s Starship booster erupts in a fiery explosion during an aborted landing catch.

— A nor’easter pounds the Northeast with wind, rain and coastal flooding.

But in the midst of the chaos, Secretary Markwayne Mullin offers a glimpse of hope, “By the grace of God, we have not lost one soul.”

Download the Fox News app for the latest on today’s biggest stories.

[Disclose.tv @disclosetv]

JUST IN - A "network update" reportedly crashed a private system operated by defense contractor L3Harris, taking down U.S. air traffic control communications that caused the nationwide FAA ground stop.

[Nick Sortor @nicksortor]

🚨 JUST IN: HR systems used by Walmart, Chipotle, Target, and more are now facing a MAJOR system outage, per reports

All of them use Workday software.

Unclear if there is any relation to the other major outages this week.

[Eric Daugherty @EricLDaugh]

🚨 JUST IN: HUGE OUTAGES are now impacting WALMART, TARGET and other corporate systems used for pay info, time off, and benefits

Workday says a problem surfaced while TESTING ITS BACKUP SYSTEMS, leaving some data scrambled.

This is RIGHT after Microsoft's massive outage, and the FAA outages happening today

Just an insane chain of events where things seem to just be breaking ‼️

A White House briefing is about to commence!

[Fox News @FoxNews]

BREAKING: SpaceX’s massive Starship booster erupts in a fiery explosion after an attempted landing catch is aborted during a test flight at Starbase, Texas.

While Starship successfully launched, the booster failed to return for its planned tower catch, instead descending into the water.

[OSINTdefender @sentdefender]

U.S. bases in the United Kingdom have been elevated to Force Protection Condition (FPCON) Delta.

[The Wall Street Journal @WSJ]

Uber is notifying users that their personal information was exposed in a breach involving one of the company’s service providers. https://t.co/HH76IcZw2H

[Eric Daugherty @EricLDaugh]

🚨 JUST IN: This is only the SECOND TIME since 9/11 the FAA has issued a nationwide ground stop for all aircraft

They're citing "EXTRAORDINARY CIRCUMSTANCES"

Other than 3 years ago, this last happened on 9/11.

There has reportedly been an equipment outage

Hopefully this is lifted soon and everything is OK 🙏🏻

[Breaking911 @Breaking911]

DRAMATIC FOOTAGE: Passengers clung to the side of a cruise ship as it rapidly rotated and began taking on water after colliding with an Atlantic Asphalt tanker on the Mississippi River near the Port of New Orleans.

[Microsoft On the Issues @MSFTIssues]

We have no indication that the FAA’s nationwide ground stop is related to any Microsoft services.

[Grant Godwin @the_typical_lib]

This is so terrible… praying for all 129 souls on board

[Breaking911 @Breaking911]

BREAKING: Video shows the moment a tanker struck a cruise ship in New Orleans. Rescue efforts are underway.

[CNN @CNN]

All flights in the United States are grounded until further notice, "due to extraordinary circumstances and for reasons of safety," the Federal Aviation Administration said in a statement.

The cause of the ground stop was not immediately clear, but it comes after frequency outages were reported in some parts of the country. https://t.co/PX3liL0A3K

[BBC News (World) @BBCWorld]

Microsoft says attempts to fix global outage not going "as expected" - follow live https://t.co/JekCrly4Za

[Downdetector @downdetector]

Microsoft's outage reports on November 12 reached 74 countries and territories in about an hour on Downdetector.

Microsoft says its Exchange Online incident began at 16:17 UTC. Reports to Downdetector about Outlook began climbing at about 17:25 UTC, 12:25 in New York. By 18:25, reports about five Microsoft services combined reached 19,650 a minute, against <15 a minute on an average Thursday.

Outlook reports alone peaked at more than 2,000 times their normal level.

Reports did not stay in the Americas. They jumped tenfold in the UK at 17:43, in India at 23:21 local time and in New Zealand at 06:55 local time. Between 17:00 and 18:55 UTC, nearly 3 in 10 reports came from outside the US. We count a country here once its reports reach ten times normal and at least 20 in five minutes.

Reports about Microsoft 365, Copilot, Teams and OneDrive each rose more than a hundredfold, and Azure about a hundredfold. Xbox, GitHub and LinkedIn, also Microsoft's, rose far less.

Microsoft said a portion of its infrastructure was experiencing elevated load across multiple regions. At 19:38 UTC, reports were still running at more than 11,000 a minute.

[NVIDIA Newsroom @nvidianewsroom]

NVIDIA announces CEO transition. Read the release: https://t.co/MTTUvFHCJA

[Shil @SimplyShil]

Want to Be Happy? Ask Waffles! #orangecat #happiness https://t.co/HECgiIetzA

[The Kobeissi Letter @KobeissiLetter]

Our message to Nvidia's board:

Do not fire Jensen Huang.

There is no clear replacement for Jensen Huang. We are confident that his departure would ultimately be a net negative for Nvidia, its shareholders, and the AI Revolution.

First, take a look at the data. History also suggests that removing a successful CEO will come with a significant cost.

A study of 187 forced CEO departures from S&P 1500 companies found that removing outperforming CEOs resulted in negative long-term stock returns. This case would be no different, in our view.

Jensen Huang is the definition of an outperforming CEO. Nvidia's board must not make a decision in the heat of the moment.

The board should take the time to conduct a thorough investigation and consult with shareholders, with a strong emphasis on the latter.

Quite literally, Nvidia's board should convene a special shareholder meeting and hold an advisory vote on this decision. This is the most consequential CEO controversy in world history. Shareholders deserve a say.

In addition, Nvidia's stock, $NVDA, is now down -35% in 26 trading days, nearly half of which is a result of the recent scandal.

We believe Jensen Huang's potential removal as CEO is now ~80% priced in.

Why take an action with massive downside potential when the market has already priced in much of that risk?

The downside of retaining Huang may be limited, while the potential upside is tremendous.

Lastly, history shows that retaining Jensen Huang could still lead to a favorable outcome. In 2019, Amazon retained Jeff Bezos as CEO after his extramarital affair became public, and the company's stock subsequently surged +108% by 2021.

Personal misconduct should not be ignored, but it must also be distinguished from corporate wrongdoing and weighed against the consequences of removing an executive who is instrumental to the company's success.

We believe Jensen Huang is an irreplaceable part of Nvidia and the AI Revolution more broadly.

Once the dust settles, firing Jensen Huang would prove to be a costly mistake.

It is time to pause and consult your shareholders.

[Elon Musk @elonmusk]

@zerohedge That would be an honor