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Tech Layoffs 2026: Apple, Netflix, TikTok and LinkedIn Slash Jobs as Industry Cuts Accelerate
Tech layoffs in 2026 have already surpassed all of 2025, with 127,180 jobs cut across 281 companies. Apple, Netflix, TikTok, and LinkedIn all announced fresh cuts this month. Apple laid off around 200 employees from its Siri, Vision Pro, and gaming teams. TikTok cut 75 more jobs in the Seattle area after slashing 250 positions…
Enflame Plans $892 Million Shanghai IPO, Offering 43 Million Shares as China’s AI Chip Race Heats Up
China’s AI chip race is entering another busy phase as Enflame Technology targets a 6 billion yuan ($892 million) Shanghai IPO. The Tencent-backed chipmaker plans to issue 43.04 million new shares, with subscriptions set to open on September 2, 2026. Price consultations will start on August 28. The offering comes as Chinese AI chipmakers draw…
Nvidia (NVDA) Earnings Could Trigger $280 Billion Market Cap Swing as Options Price In 5.4% Move
Nvidia reports fiscal second-quarter earnings Wednesday, August 26, 2026, after market close. Options traders are pricing in a 5.35% implied move, according to Benzinga data from August 24. That swing translates to roughly $282 billion in market value, based on Nvidia’s current $5.26 trillion market capitalization. Wall Street expects revenue near $92.16 billion, just above…
Fromm Recalls 5,800 Cases of Wet Dog Food Over Metal Risk on August 25
Fromm Family Foods recalled 5,800 cases of wet dog food for potential metal contamination. Two product lines affected with best-by dates of March 2029. No injuries reported yet.
UK Shares Missile Blueprints With Ukraine; Russia Threatens Escalation
UK PM Burnham declassifies Storm Shadow missile blueprints for Ukraine on independence day. Russia threatens escalation, accusing Britain of fueling the conflict.
Australia Post Hires 3,500 Seasonal Workers; Truck Drivers Earn Up to $42.26/Hour
Australia Post opens 3,500 seasonal jobs for Christmas rush. Truck drivers earn $42.26/hour, parcel sorters $35.83/hour. Applications open now; roles start September and October.
Fromm Recalls 5,800 Cases of Wet Dog Food Over Metal Contamination Risk
Fromm Family Foods recalls 5,800 cases of wet dog food due to metal contamination. Two products affected: Turkey Pâté and Milo’s Meatloaf Pâté. No illnesses reported.
BLS International (NSE: BLS) Sinks 13% to ₹236 Amid Spanish Visa Fraud Investigation; Firm Denies Wrongdoing
BLS International shares fell nearly 14% to ₹233.47 on the NSE on August 24, 2026, after reports linked the company to an expanded Spanish National Court investigation into alleged visa fraud in Algiers. The sharp decline has put the BLS share price under fresh pressure. BLS International has denied any wrongdoing. The company said its…
Hindustan Zinc (NSE: HINDZINC) Advances 2.5% to ₹609.60, Extends Rally to Third Straight Session
Hindustan Zinc shares rose 2.47% to ₹609.60 on Monday, August 24, 2026. The stock extended its rally to a third consecutive session, outperforming the broader market. Hindustan Zinc is up 40.23% over the past year, against a 3.13% drop in the Nifty 50. Silver Strength Keeps Driving the Rally Hindustan Zinc’s Q1 FY27 results, released…