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Gazette

• Listyo ordered wiretapping, acted as ‘end user’: PoliceThe Jakarta Post
• State spending on influencers slammed as wastefulThe Jakarta Post
• Gibran resignsThe Jakarta Post
• Apologize, then leadThe Jakarta Post
• Biodiesel push risks reviving palm oil deforestationThe Jakarta Post
• Rupiah touches new low on Fed hike bets, politicsThe Jakarta Post
• Haji Isam reportedly weighs bid for Eramet’s stake in Weda Bay NickelThe Jakarta Post

Gibran Hands In His Resignation as Vice President

Indonesia's vice president has quit after weeks of pressure, in the country's highest-profile resignation since Soeharto in 1998.

Gibran Rakabuming Raka, the 39-year-old son of former president Joko "Jokowi" Widodo, has handed in his resignation as vice president. After meeting President Prabowo, he arrived at the Senayan Legislative Complex at 11 a.m. on Thursday and delivered his letter to the Assembly in person. Jokowi then voiced his support for Prabowo. It is Indonesia's highest-profile resignation since Soeharto's in 1998.

He had faced intense scrutiny from lawmakers over his academic credentials and eligibility to remain in office, and the House was still pressing ahead with impeachment plans amid uncertainty over his intentions. A Jakarta Post editorial says his rise to the second-highest office came from political interference by his father, then president. (first covered Nov 11)

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PVH to Cut 4% of Its Workforce

The owner of Calvin Klein and Tommy Hilfiger is trimming staff to chase $100 million in savings.

PVH Corp., the company behind Calvin Klein and Tommy Hilfiger, plans to cut 4% of its global workforce. The enterprisewide initiative is meant to improve productivity and long-term profitability, and the company has set itself a goal of $100 million in cost savings.

The news landed on the same day Burberry reported that its revenue rose 6% in the first half, a reminder that the fashion business is moving at very different speeds from one house to the next. Fashionista also noted that handcrafted campaigns are dominating fashion's holiday marketing, as brands look for ways to stand out while watching their costs.

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Amber Valletta and Teddy Charles Launch Maison Beaux

The supermodel and her hairstylist partner have turned their life together into a natural hair-care brand.

Supermodel Amber Valletta and hairstylist Teddy Charles are partners in life and in business. They have just launched Maison Beaux, a new hair-care brand rooted in natural ingredients, and they spoke to Fashionista about what it is like to build a company together.

What they bring to it is years of experience on set. Valletta has spent her career in front of the camera, and Charles has spent his working on the hair of the people being photographed. Maison Beaux takes that shared, hands-on knowledge and puts it into products for everyday routines.

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Jensen Huang Resigns From Nvidia After 33 Years

The chip giant's co-founder has stepped down, and longtime finance chief Colette Kress is taking over as interim CEO.

Nvidia co-founder Jensen Huang resigned on Thursday after 33 years, following revelations of two extramarital affairs. The board had been weighing his fate, and shares plunged in after-hours trading on the news. Colette Kress, the company's longtime chief financial officer, who helped turn it into an AI powerhouse, is now interim CEO. WIRED reports that since the scandal began, Nvidia has lost more than $1 trillion in market value in less than a month.

Inside the industry, many are still in denial: WIRED says Nvidia employees and tech insiders never thought the chip king would lose his job. The question now is what comes next for the company, and whether its rivals can benefit. (first covered Nov 10)