The Handover
Friday 6 November 2026
The day in 7 stories, as Asia signs off and New York wakes up.
Business
ASX ends lower as global tech rout deepens after US midterm AI fears
An AI-led selloff wiped an estimated $2.5 trillion from the Nasdaq on Thursday, pushing it into correction territory. Asian markets fell Friday, triggering a trading halt in Seoul.
Crypto
Binance hackers had eight weeks of access before $6.3B heist, security firm estimates
Binance says hackers stole $6.3 billion using fake job interviews and a compromised internal AI tool. It said 98% of affected token assets had been replenished as of Saturday.
World
IDB Invest found Ueno lending problems before collapse, report says
Paraguayan President Santiago Peña resigned after Ueno Bank collapsed; the lower house then voted 78-0 to impeach him. Vice President Pedro Alliana is expected to take over once Congress accepts the resignation.
US Politics
Social media giants challenge California law protecting children from addictive feeds
Google, Meta and TikTok sued to block California's law restricting features that could lead to compulsive use by children under 16. Attorney general Rob Bonta's office says it is reviewing the filings.
US Politics
Newsom commutes 548 California death sentences; court must approve most
California Governor Gavin Newsom moved to commute all 548 death sentences to life without parole. State Supreme Court approval is required for 70% of the commutations.
AI research
Humanoid robots trained in simulation can navigate homes without prior mapping
Apple researchers report 91% success across 360 physical trials for HALO, a humanoid robot system trained in simulation. It transferred directly to six unseen, unmapped physical environments.
The Handover is the day in a handful of stories, weekday evenings at 8pm your time, and a thread on X at 7am in New York and in London. Get it by email or push from your account, or subscribe by email.
Also posted as a thread on X: @zotpaper.