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Meta Agrees to $18 Billion Settlement Over Child Safety Claims on August 26
Meta agrees to pay $18 billion and restrict teen usage on Facebook and Instagram to two hours daily with midnight-6am blocks to settle child safety lawsuit from 47 states.
Samsung Affiliates Face 45% Premium Offer for S-1 Stake as Activist Investor Pushes Landmark Deal
Samsung affiliates received a formal buyout offer for their combined stake in S-1 Corp on August 27, 2026. Singapore-based Flashlight Capital Partners proposed acquiring the 20.6% stake at 116,000 won per share. That price represents a 45% premium to Wednesday’s closing price. The deal totals 906.6 billion won, or $655 million, testing South Korea’s revised…
Cyient Stock in Focus: CCI Approves Acquisition of California-Based Tao Digital Solutions
Cyient Stock will stay in the spotlight after the Competition Commission of India cleared its acquisition of TAO Digital Solutions Inc. The regulator confirmed approval for a 100% share capital acquisition on August 25, 2026. Cyient’s market capitalization stood at ₹10,212.85 crore as of the same date. The all-cash deal, first announced in May 2026,…
Welspun Corp Shares Tumble 6% as ₹1,433 Crore Block Deal Changes Hands
Welspun Corp shares tumbled up to 5.94% to ₹2,206.10 on the NSE on August 26, 2026. The drop followed a ₹1,433.44 crore block deal in the morning trading window. MD & CEO Vipul Mathur and promoter group entity Welspun Investments and Commercials were among the sellers in the transaction. The stock had closed at ₹2,345.50…
Australia’s Diphtheria Outbreak Hits 538 Cases, Largest Since 1991
Australia records 538 diphtheria cases in 2026, the largest outbreak since national reporting began in 1991. Cases concentrated in Northern Territory and Western Australia among Aboriginal communities.
Australia’s diphtheria outbreak hits 530 cases, largest since 1991
Australia records 530 diphtheria cases in largest outbreak since 1991, with cases concentrated in Northern Territory and Western Australia. Health experts warn actual numbers may be higher due to inconsistent testing.
Sydney Train Chaos: Overhead Wire Failure Halts North Shore Line on August 25
Sydney trains halted on August 25 after overhead wire failure near Chatswood. Services from Gordon to North Sydney cancelled; repairs completed by late morning. Replacement buses deployed.
49ers Owner Jed York Pleads No Contest to Misdemeanor Charges in Ohio
49ers owner Jed York pleaded no contest to misdemeanor charges after arrest in Ohio. He paid $1,150 in fines and was sentenced to one day in jail, already served. The NFL will review the matter under its personal conduct policy.
Greater Manchester NHS Trust Declares Critical Incident as 350 Staff Strike
Greater Manchester NHS trust declares critical incident as 350 staff strike over overtime pay dispute with NHS Professionals agency on August 24, 26, and 28.