THE WORKDAY ENDS. THE WORLD KEEPS MOVING.

AN INDEPENDENT EVENING READ

five after five.

FIVE STORIES AFTER 5 P.M.

A FIVE-MINUTE READ.

A small ritual for the end of the day

The November 12
five.

Nvidia changes hands, Coachella names its headliners, and an Australian search crew spots the clue that brings a teenager home.

News & Global Headlines

Jensen Huang resigns as Nvidia CEO

Nvidia co-founder Jensen Huang resigned as president, CEO and board member, effective immediately. Current Chief Financial Officer Colette Kress will serve as the interim CEO while keeping her existing finance role. The board will be looking at both internal and external candidates for a permanent successor to Huang.

The departure ends 33 years of leadership at the company he helped start. It follows scrutiny over his personal conduct and allegations of ties to China. Reuters said it could not independently verify the reported links between Huang and the chip shipments with China. The remaining board members confirmed the leadership change. The investigations have yet to establish their findings.

Nvidia says it expects all operations, existing client commitments and product roadmap to continue without interruption. The next scheduled public check-in is the company’s November 17 earnings report. In the meantime, Kress has two jobs to maintain and the board has one extremely big vacancy to fill.

Our read: Yesterday, the question revolved around how the board would handle the public scrutiny. Today, it’s whether Nvidia can reassure customers and investors while it searches for a permanent leader. The earnings call next week gives Kress an opportunity to provide confidence while future decisions are made behind closed doors.

Sources

Nvidia announcement · Reuters

Entertainment & Sports

Dua Lipa, Tame Impala and SZA will headline Coachella 2027

Coachella has its 2027 headliners: Dua Lipa, Tame Impala and SZA. The lineup went public Wednesday, and the festival returns to the Empire Polo Club in Indio, California, for two weekends: April 9–11 and April 16–18. Daddy Yankee is also billed for a special slot.

The three headliners give the festival a strong combination across three different genres in the same weekend: dance pop, psychedelic pop and R&B. That range is part of the appeal if you’re trying to get a group of friends to go hang out in the desert.

Coachella 2027 attendees should plan to budget $1,000 to $1,700 per person for the weekend before airfare, depending on the lodging situation. The three-day general admission pass with a shuttle is $779 for either weekend, and basic car camping is $160 per site for four nights, plus tax. A general meal budget will run about $20 to $30 per meal inside the festival. Splitting a $300 to $500 hotel room for three nights adds $450 to $750 per person.

Our read: There’s definitely enough variety at the top of this one to start the group chat. Whether the group chat actually makes it out to the desert is another story.

Sources

Coachella · ABC7 Los Angeles

Jobs & Career

HubSpot brings back co-founder Brian Halligan as CEO

Brian Halligan is returning to lead HubSpot. Yamini Rangan stepped down as CEO and from the board on November 12 and will stay with the company through December 1 to help with the transition. Halligan co-founded HubSpot with Dharmesh Shah and spent 16 years as CEO during his first stint.

The finance team is changing too, with Kate Bueker set to retire as CFO on February 11. Current Adobe finance executive Karen Burgess is set to succeed her. HubSpot reaffirmed its forecasts and reported more than 311,000 customers at the end of September.

For employees and customers, the backdrop is a company already rethinking how it builds, prices and sells software as AI tools take on more work. Rangan discussed that shift in this month’s earnings release. How Halligan plans to carry it forward is still open.

Our read: Bringing back a founder is a clear decision about leadership. The next useful details are what Halligan wants the sales and product teams to prioritize. How those plans affect the people doing the work is still to be determined.

Sources

Reuters · HubSpot Q3 results

Something Good

A tackle box helps rescuers find a missing Australian teen

The crew of a Victoria Police helicopter spotted a tackle box in the bush near Walhalla, Australia, and shortly after spotted 17-year-old William in a nearby creek. He had been missing for six days when they located him.

William was last seen on November 6, and after six long days Victoria Police announced that he had been found safe. Officers, specialist units and other agencies had searched the area throughout the six days. Police described him as in good spirits and mostly in good health after the rescue.

A small object in a large search area helped the crew know where to look. It’s an unusually ordinary detail in a story that ended with the words everyone had been waiting for: found safe.

Our read: It’s easy to overlook such a small detail in such an expansive area. Kudos to all involved for helping bring William home safe.

Sources

Victoria Police

On This Date

The first Loch Ness monster photo turns 93

On November 12, 1933, Hugh Gray was walking by Loch Ness after church when he photographed something in the water. The resulting image is widely described as the first alleged photograph of the now world-famous Loch Ness monster. The photo has been widely disputed since it was first published nearly a century ago.

The image helped carry a Scottish mystery well beyond the shores of the loch. It also set a pattern for a story that keeps coming back: there’s a picture, there’s an explanation, and there’s always somebody who has a different explanation.

The anniversary belongs to Gray’s photograph, which serves as an early chapter in the lore of Nessie. Ninety-three years later, its staying power comes from how much room it leaves viewers to see what they want to see.

Our read: The photo gave people something to argue about. Unfortunately, those who are passionate on both sides still haven’t been able to settle the debate.

Sources

University of Colorado Boulder · Loch Ness Project

THAT’S YOUR FIVE.

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Five stories after 5 p.m. A five-minute read.

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