Nvidia CEO Jensen Huang has resigned from his position, the company announced. This decision follows reports alleging an affair between Huang and a woman suspected by U.S. intelligence agencies of being a Chinese spy. Colette Kress, the current Executive Vice President and Chief Financial Officer, has been appointed as the interim CEO. The company is facing significant scrutiny and a potential impact on its market value due to these developments. This is a developing story, and further updates are expected as investigations proceed. The leadership change marks a critical juncture for the influential AI chip manufacturer.

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A shooting incident in Washington D.C.'s Logan Circle neighborhood on Thursday morning resulted in multiple injuries, according to local authorities. Police responded to the scene near 15th and P Street, which is a busy area including a fitness gym, a church, homes, and a supermarket. The Associated Press reported that at least four people were shot. Law enforcement agencies, including the Bureau of Alcohol, Tobacco, and Firearms, are on-site and assisting with the investigation. Residents have been urged to avoid the area as police search for the suspect. This is a developing story, and further details are expected.

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Nvidia is now actively considering potential successors for its CEO position following the immediate resignation of co-founder Jensen Huang due to a scandal involving an alleged affair with a suspected Chinese spy. Chief Financial Officer Colette Kress has stepped in as interim CEO, bringing extensive experience from previous roles at Cisco and Microsoft. Other potential candidates include co-founder Chris Malachowsky and Ian Buck, who leads the high-performance computing business. The company faces the challenge of maintaining its technological edge and navigating geopolitical complexities in its leadership transition. Industry analysts are weighing in on the suitability of various candidates for the top role. The selection of a permanent successor will be crucial for Nvidia's future trajectory.

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The Iranian regime is intensifying its repression of exiled journalists, labeling them as 'traitors to the homeland' and moving to confiscate their assets. This action is part of a broader plan targeting individuals living abroad, including journalists, activists, artists, and athletes. Freelance journalist Amir Soltanzadeh, who contributes to DW, found his assets slated for seizure and his bank account frozen, despite his assertion that his work aims to improve lives in Iran. The pressure extends to family members within Iran, who face job loss and constant anxiety. The government utilizes vague laws and surveillance to control media reporting, forcing journalists to adhere to official narratives or face severe consequences. Many journalists are compelled to live in exile due to these persistent threats and risks.

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Nvidia's stock is on track to lose over $700 billion in value following the resignation of CEO Jensen Huang, amid reports of his alleged affair with a woman suspected of being a Chinese spy. The company's shares experienced a significant drop in pre-market trading. Huang, a prominent figure in the AI industry, co-founded Nvidia and was instrumental in its rise to prominence. Analysts express concern about the company's future leadership and its impact on its market position. The situation adds to existing investor concerns about the AI sector's profitability and sustainability. The departure of a key leader like Huang introduces substantial uncertainty for the chipmaker. The stock's performance reflects the market's reaction to these unprecedented events.

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Four individuals have been injured in a shooting incident that occurred in Northwest Washington D.C.'s Logan Circle neighborhood on Thursday morning. The Metropolitan Police Department confirmed an 'active shooting' in the vicinity of 15th and P Street, near a Vida Fitness gym. The department's Emergency Response Team is on site, and the public has been advised to avoid the area. Local council member Brooke Pinto also reported the incident, urging people to stay away as police actively search for the suspect. The scene was described as 'still active' by a police spokesperson, with no further immediate details released. The investigation is ongoing.

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U.S. Treasury yields rose significantly on Thursday, with the 10-year Treasury yield climbing back above 5% for the first time since late October. This increase coincided with a rise in oil prices, fueled by President Trump's statement that a deal with Iran is no longer necessary, raising concerns about continued conflict. Investors are also anticipating further interest rate increases from the Federal Reserve, following a hotter-than-expected consumer price index report. Goldman Sachs has revised its forecast to include an additional rate hike in March, and traders are largely pricing in a December increase. Upcoming economic data releases will provide further insights into the U.S. economic landscape.

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Following significant Democratic victories in the recent U.S. midterm elections, some gun rights advocates are shifting their strategies to engage with 'gun owners who vote Democrat.' This approach aims to broaden their appeal beyond traditional Republican alignment, recognizing an evolving demographic of gun owners. While major groups like the NRA plan to oppose gun safety legislation, others believe it's crucial to court Democrats and de-emphasize gun control as a central party platform. This strategic pivot acknowledges the increasing diversity among gun owners, including those in minority and LGBTQ+ communities, who may not share all conservative viewpoints but still support Second Amendment rights. The financial influence of gun rights groups has also seen shifts, with gun violence prevention organizations outspending the NRA in recent cycles.

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Immersive entertainment company Cosm has announced a new multiyear partnership with The Walt Disney Company, which will bring the original 'Star Wars' film to its domes starting in March. This collaboration aims to celebrate the film's 50th anniversary in May and enhance the fan experience through Cosm's unique dome technology. The partnership will feature the film displayed on large concave screens, immersing audiences in iconic galactic environments with advanced sound mixing. This marks Cosm's sixth such theatrical collaboration, following successful ventures with other major studios. The company is focused on establishing itself as a destination for fandom, leveraging powerful intellectual property like 'Star Wars' to build communities. The immersive screenings will be accompanied by themed menus, enhancing the overall fan engagement.

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Canada's ambassador to the U.S. has cautioned that President Donald Trump's tariffs are escalating investment costs and discouraging business expansion in the United States. Ambassador Mark Wiseman highlighted that uncertainty stemming from tariffs increases the cost of capital, making businesses less likely to invest in new plants or research and development. This warning comes amid ongoing trade disputes between the U.S. and Canada, impacting one of their largest trading relationships. Federal Reserve research also indicates that tariff costs are being passed on to U.S. importers and consumers, with further price increases anticipated. European ambassadors echoed similar concerns about an unpredictable regulatory environment affecting business decisions.

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Multiple individuals have been injured in an active shooting incident near Logan Circle in Washington, D.C., as confirmed by D.C. Metro Police and local officials. The Associated Press reported that at least four people sustained gunshot wounds. D.C. police alerted the public via X about an 'ACTIVE SHOOTING' in the area of 15th and P Street, Northwest, urging people to avoid the location. Council member Brooke Pinto also reported the shooting occurred outside Vida Fitness, confirming multiple injuries and stating that police are searching for a suspect. The scene was described as 'still active' by authorities. This is a developing situation.

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The Singapore-based company Megaspeed International, central to the Nvidia Chinese spy scandal, is facing increased scrutiny due to its unusual global footprint and seemingly empty offices. Megaspeed's leader, Alice Huang, with whom Nvidia CEO Jensen Huang allegedly had an affair, is suspected by U.S. intelligence of being a Chinese state asset. Megaspeed has been a significant purchaser of Nvidia's advanced AI chips, raising questions about its operations and compliance with U.S. export control laws. The company has denied wrongdoing and stated its commitment to cooperating with investigations. Reports suggest Megaspeed's origins trace back to a Chinese gaming firm, and its rapid growth has drawn attention from U.S. and Singaporean authorities. The situation raises concerns about potential national security implications and the flow of advanced technology to China.

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The number of Americans applying for unemployment benefits increased to 200,000 last week, a slight uptick from the previous week's revised figure. Despite this increase, jobless claims remain at historically low levels, indicating a robust labor market with few layoffs and high job security for most workers. The four-week average of claims remained unchanged. Employers have continued to add jobs at a modest but steady pace throughout the year, with a recent surge in investment in artificial intelligence contributing to economic growth. Consumer spending has also shown resilience, supporting the overall economic picture. The current labor market conditions are a significant improvement compared to the previous year.

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Oil prices experienced a notable increase on Thursday following President Donald Trump's statement that a deal with Iran is no longer necessary, suggesting the U.S. has leverage over the Strait of Hormuz. Brent crude and West Texas Intermediate futures both traded higher, reflecting concerns that the conflict in the Middle East may persist. Analysts suggest that the economic blockade of Iran could lead to regime change or continued attacks on infrastructure, both of which could further drive up oil prices. The stated positions of both Iran and the U.S. appear unchanged, with Iran seeking an end to sanctions and the U.S. demanding the dismantling of its nuclear stockpile and free passage through the Strait of Hormuz. The geopolitical situation continues to be a significant factor in global energy markets.

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In a significant upset, Democrat Scott Colom has defeated incumbent Republican Senator Cindy Hyde-Smith in Mississippi, becoming the state's first Black senator since Reconstruction. This victory, occurring after an extended vote count, contributes to a broader Democratic wave that has seen gains in traditionally Republican areas. With this win, Democrats are projected to hold at least 55 seats in the Senate. Colom, a district attorney, expressed his gratitude and commitment to serving all constituents. The election outcome is seen as a reflection of national sentiment and a shift in voting patterns. The race was unexpectedly close, defying earlier predictions given Mississippi's conservative leanings. This historic win marks a notable moment in the state's political landscape.

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Purchasing travel insurance can provide crucial financial protection, but several common mistakes can lead to unexpected out-of-pocket expenses. One significant error is delaying the purchase of a policy, which can limit access to essential benefits like pre-existing condition waivers and cancel-for-any-reason coverage. Travelers may also mistakenly assume all cancellations are covered, overlooking policy exclusions for non-emergency reasons. Overlooking medical coverage and evacuation limits is another critical oversight, as standard health insurance often offers limited international protection. Relying solely on credit card travel benefits can also be insufficient, as they may lack comprehensive medical coverage. Finally, failing to understand policy exclusions and documentation requirements can result in denied claims, leaving travelers responsible for substantial costs.

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Russell Brand's social media accounts on platforms owned by Meta, including Instagram and Facebook, have been disabled. This action follows his recent sentencing to 10-and-a-half years in prison for one count of rape and three counts of sexual assault, related to offenses between 2004 and 2009. Meta's community standards policy restricts or removes accounts that are deemed harmful, including those belonging to convicted sex offenders. Brand's X account, owned by Elon Musk, remains active, with a post on his behalf stating, 'There was never a Russell Brand, according to @meta.' This situation highlights the platform's policies regarding content moderation and user conduct. Brand is currently incarcerated and expected to serve a significant portion of his sentence.

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Pet insurance functions similarly to human health insurance, involving premiums, deductibles, reimbursement rates, and payout limits. Most policies operate on a reimbursement model, requiring pet owners to pay veterinary costs upfront and then file a claim. Deductibles can vary, impacting the overall cost, and reimbursement rates typically range from 50% to 90% of eligible expenses. Waiting periods are common before coverage begins, and these can differ based on the type of condition and the provider. It's crucial to be aware of policy exclusions, which often include pre-existing conditions, routine care, and breed-specific hereditary issues, unless a wellness package is purchased. Understanding these aspects is key to ensuring adequate coverage for a pet's health needs.

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The UK economy experienced its strongest growth in over two years during the three months leading up to September, expanding by 0.7%. This robust performance surpasses economists' earlier predictions and positions the UK as the second-fastest growing G7 economy, behind the U.S. Factors contributing to this growth include increased spending on AI and technology, as well as resilient consumer spending. Business investment, particularly in the private sector, also shows signs of strengthening. While the economic outlook remains subject to global uncertainties like the Iran War and rising energy prices, this positive data offers a counterpoint to prevailing negative sentiment. However, challenges persist with rising cost-of-living pressures and a depressed construction sector.

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Chinese President Xi Jinping has once again called for the 'complete reunification' of Taiwan with mainland China, emphasizing that historical trends make this outcome inevitable. While he refrained from explicitly mentioning the use of force, Xi stated that no room would be left for 'Taiwan independence' separatist activities. The Taiwanese government firmly rejected these remarks, asserting that it would not accept rule by China's Communist Party. Xi's speech, delivered on the birthday of Sun Yat-sen, a key figure in Chinese history, highlighted the ongoing political tensions and differing claims to legitimacy between Beijing and Taipei. China has intensified military operations around the island in recent years, fueling concerns about potential conflict.

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A father in South Carolina has been charged with attempted murder after his 11-month-old son was discovered buried alive in a dog crate. Authorities located the infant, Koah Sharp, after approximately 24 hours, reportedly crying and covered in dirt. The child has since been released from the hospital and is expected to make a full recovery. The father, Michael Comer, was taken into custody after Koah disappeared. While the motive remains unclear, Comer had a prior domestic violence conviction. The infant's survival is attributed to cool temperatures and an air pocket created by a towel within the crate. This deeply disturbing incident highlights the vulnerability of children caught in difficult family circumstances.

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Senator Tom Cotton is urging the Trump administration to place Chinese memory chip manufacturer ChangXin Memory Technologies (CXMT) on the Commerce Department's Entity List, which would significantly restrict U.S. companies' ability to do business with the firm. Cotton argues that CXMT poses a threat to U.S. economic prosperity and military superiority, particularly as it aims to expand into high-bandwidth memory (HBM) crucial for AI development. CXMT's market share in DRAM has grown substantially, and it is now a significant player. Placing it on the Entity List would align with broader U.S. efforts to slow China's chip development. The company is already on a Pentagon list identifying Chinese firms with military ties, but this would impose more stringent restrictions.

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Actor and race car driver Frankie Muniz has been released from the hospital following a crash during a practice lap at Daytona International Speedway. Muniz was scheduled to participate in the Proud to Honor Veterans Day Classic, a benefit event, but was unable to due to the incident. He expressed disappointment but stated he was 'a little sore' and thanked Ford Racing and the hospital staff. Muniz, known for 'Malcolm in the Middle,' has pursued a career in professional race car driving since 2006, competing in various series including NASCAR. The event he was meant to attend was a fundraiser for military and veteran support nonprofits.

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A government-commissioned review led by Alan Milburn is expected to propose significant changes to the UK's welfare system, potentially including reduced benefits for individuals under 25. The review aims to address the issue of young people not in education, employment, or training (NEET) by recommending that those under 25 be moved off main sickness and disability benefits like Universal Credit and Personal Independence Payment (PIP). Instead, they might receive an allowance at the basic Universal Credit rate, with an additional allowance for specific conditions. While the goal is to improve long-term life chances, some claimants could see a reduction in immediate financial support. The review also suggests increased investment in employment support for young people. The proposed reforms could prove controversial.

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Total household debt in the U.S. has reached a record $19.1 trillion, with credit card balances hitting $1.29 trillion. Experts warn that medical bills can become 'shadow debt' when paid for with credit cards or other forms of borrowing, making them harder to track. A significant portion of consumers seeking debt counseling cite medical hardships as a reason for their financial difficulties. Many households still owe money on loans or credit cards used to cover medical expenses. The increasing reliance on credit to manage medical costs, especially for those with high-deductible health plans, can lead to compounding debt and financial strain. Experts advise reviewing medical bills for errors and inquiring about financial assistance programs before resorting to high-interest borrowing.

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Unions were instrumental in securing significant victories for Democrats in the recent midterm elections, mobilizing members and investing millions in political campaigns. Now, these organizations expect newly elected officials to deliver on promises, including addressing inflation, enacting worker protections, and creating union jobs. Polling data indicates a strong preference for Democrats among union members and those from union households, highlighting labor's influence. Unions are emphasizing their commitment to supporting candidates who champion working-class issues, signaling a shift from automatic party endorsements. They are focused on policy outcomes, such as ensuring data center projects utilize union labor and advocating for unemployment insurance for striking workers. The success of these efforts hinges on Democrats enacting legislation that benefits organized labor.

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Multiple analysts have downgraded Nvidia's stock following reports that the company's board is convening to discuss the potential ousting of CEO Jensen Huang. These developments come after allegations of a second extramarital affair, compounding earlier scrutiny over his relationship with a woman suspected of being a Chinese spy. Analysts express concerns about leadership instability, lack of a clear succession plan, and potential negative impacts on the company's execution and market sentiment. While some analysts acknowledge Nvidia's strong fundamentals, the uncertainty surrounding its leadership is seen as a significant overhang. The stock has experienced a notable decline this week, reflecting market apprehension. The situation underscores the risks associated with concentrated leadership in high-stakes industries.

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At least eight people have died and 17 others have been injured following the collapse of a three-story residential building in Brooklyn, New York. Rescue crews are continuing to search for survivors in the rubble of the building, which was located at the edge of a construction site in the Flatbush section. The collapse occurred around 4 p.m. on Wednesday, with first responders working through dangerous conditions. The Mayor of New York City expressed his condolences to the families of the victims. Investigators are examining the cause of the collapse, with preliminary reports indicating potential issues with the adjacent construction project. The incident has displaced numerous residents, who are being provided shelter. The full extent of the tragedy is still unfolding.

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Two Iranian men, Mostafa Sepahvand and Farhad Javadi Manesh, have been convicted of spying for an Iranian intelligence service by conducting surveillance on journalists and a lawyer in the UK. The Islamic Revolutionary Guard Corps (IRGC) tasked them with monitoring targets, with Sepahvand intending to carry out a violent attack. Evidence presented in court included documents with target information and details of their vehicles, with the pair having used ChatGPT for research. Both men are asylum seekers who had been granted temporary leave to remain in the UK. Prosecutors stated that Sepahvand had been promised rewards and even offered to commit violence for financial gain. This case highlights Iran's alleged use of proxies to target critics abroad, and the evolving methods of intelligence gathering.

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Nebius shares dropped significantly after the company reported third-quarter revenue that exceeded analyst expectations but issued a disappointing financial outlook. The company anticipates higher capital expenditures for fiscal year 2026, revising its guidance upwards. Nebius also provided an initial outlook for 2027 that suggests a conservative approach to its build-out plans. These results come at a time when other 'neocloud' companies have reported stronger financials, but the sector faces concerns about the sustainability of the AI buildout. Political factors, including ballot initiatives restricting data center development and Democratic victories, add to market volatility. The situation with Nvidia's CEO also creates broader industry uncertainty.

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The personal scandal involving Nvidia CEO Jensen Huang, including an alleged affair with a suspected Chinese spy, has become a significant concern for the company and potentially the U.S. economy due to the concentrated power he wields. The article argues that a broad distribution of authority in powerful organizations mitigates the impact of individual flaws, but Huang's deep connection to Nvidia, a critical player in the AI boom, makes his situation consequential. The alleged affair and the potential for compromised corporate secrets and national security raise questions about corporate governance and leadership. The situation is framed within the context of Silicon Valley's current dynamics, characterized by growing inequality and powerful tech leaders with significant influence.

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Democrat Scott Colom has achieved a historic victory by winning the U.S. Senate race in Mississippi, becoming the state's first Black senator since the Reconstruction era. Colom's win, secured by a narrow margin over incumbent Republican Cindy Hyde-Smith, signifies a major upset in a deeply conservative state. This result contributes to Democrats expanding their Senate majority, projecting them to hold at least 55 seats. Colom, a district attorney, delivered a victory speech emphasizing collective effort and faith. The election outcome is viewed as a testament to the organizing efforts, particularly within the Black community, and a reflection of changing political dynamics. The race was closely watched due to its potential to shift the balance of power in the Senate.

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Chinese authorities have imposed a fine of approximately $120,000 on a company for creating an advertisement for Dove chocolate that allegedly promoted 'wrong views on marriage and relationships.' The ad, which depicted a woman in a 'situationship' after being ignored by her boyfriend, sparked online controversy and accusations of promoting infidelity. The Shanghai Municipal Market Supervision Administration stated that the ad 'packaged being unfaithful in a relationship as a 'sweet experience'.' This action aligns with China's efforts to promote traditional family structures amidst a demographic crisis. Dove, owned by Mars Inc., issued an apology for the inappropriate content, acknowledging responsibility for the ad's placement on its official channels. Authorities have previously reprimanded companies for similar advertising content.

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A 18-year-old woman, Kayla Smith, has pleaded guilty to the murder of 16-year-old Chloe Watson Dransfield in Leeds. The court heard that Smith fatally stabbed Chloe in the early hours of March 28th during a pre-planned fight over a boy. Smith had initially pleaded guilty to manslaughter but changed her plea to murder on the second day of her trial. Two other individuals, Blake Dowling and Archie Rycroft, who are accused of murder and manslaughter, deny the charges, and their trial will continue. The prosecution presented evidence suggesting Smith had threatened Chloe prior to the attack, and that Dowling facilitated the meeting. Chloe died from multiple stab wounds. Sentencing for Smith will occur after the conclusion of the ongoing trial.

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Sources indicate that Nvidia's board of directors is preparing to remove CEO Jensen Huang following allegations of an extramarital affair with an individual believed by U.S. intelligence to be a Chinese asset. This development follows earlier reports of a separate affair with an Nvidia employee. The company's stock has experienced a significant decline amid the ongoing turmoil. Nvidia's sensitive position in the AI chip market, its role in national security, and its export controls to China add layers of complexity to the situation. The Justice Department is reportedly investigating Megaspeed International, a major Nvidia customer linked to the alleged spy. Jensen Huang has had a close relationship with the Trump administration, which is aware of the matter. The company has denied any compromise to national security or company secrets.

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Several schools are facing the difficult decision of whether to continue stocking books by best-selling children's author David Walliams following allegations of sexual misconduct and abuses of power against him. Some headteachers have already removed his books from library shelves, citing the need to avoid traumatizing children and the difficulty of keeping the books available given the public nature of the allegations. The Association of School and College Leaders has called for national guidance from the government to ensure consistent decision-making. Retailers and Walliams' publisher have also cut ties with him. While some argue that banning the books could prevent important conversations, others believe removing them from display is the most appropriate action to ensure a safer environment for young people.

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Resident Evil Requiem has emerged as the big winner at the Golden Joystick Awards, securing multiple accolades including Ultimate Game of the Year and Console Game of the Year. The survival horror game, released in February, also won for Best Game Trailer and Best Lead Performer for Angela Sant'Albano. Its developer, Capcom, was named Studio of the Year, with recognition for other titles as well. Resident Evil Requiem garnered significant public support, receiving 17% of the vote for the top award. Indie hit Meccha Chameleon also performed strongly, winning several awards decided by public vote. The Golden Joystick Awards celebrate the year's most popular games, with the majority of categories determined by gamers worldwide.

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