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Block Ordered to Pay $120M CFPB Restitution for Cash App Fraud Failures
Block must pay $45M to states and $75M-$120M to Cash App users via CFPB restitution for fraud failures, account security gaps, and inadequate customer support.
Bitcoin Price Today: BTC Soars 8% to $74,982 as Crypto Rally Explodes; Ethereum, XRP Surge
Bitcoin surged 8% to $74,982 on Friday, August 21, 2026, extending a powerful weekly rally. The cryptocurrency has now climbed nearly 20% since Monday, fueled by a surprise US Treasury policy shift. Ethereum jumped toward $2,300, gaining roughly 18% in 24 hours, while XRP surged past $1.25. Total crypto market capitalization reached $2.56 trillion, up…
Samsung Electronics Eyes $72 Billion Shareholder Return Package Amid AI Boom
Samsung Electronics is weighing a massive shareholder return package worth more than 100 trillion won ($72 billion) as strong AI chip demand drives record profits. On August 21, 2026, the South Korean tech giant is set to discuss the plan at a board meeting. The package could include a special dividend, share buybacks, and cancellations….
Tech Stocks to Watch: Alphabet Lifts 2026 Capex Forecast to $195B-205B
Alphabet is spending more to keep up with demand for artificial intelligence. On July 22, 2026, the Google parent raised its 2026 capital expenditure forecast to $195 billion-$205 billion, up from $180 billion-$190 billion. The increase comes as Google Cloud revenue jumped 82% to $24.8 billion in the second quarter. As AI demand drives higher…
Crypto Prices Today: Bitcoin Hits $69,551, Ethereum Gains 17.74% as Hyperliquid Surges 20.97%
Crypto prices surged sharply on Thursday, August 20, 2026, breaking weeks of sideways trading. Bitcoin jumped to $69,551, gaining roughly 8% in 24 hours. Ethereum climbed 17.74% to reclaim the $2,000 level, while Hyperliquid’s HYPE token surged 20.97%. The rally followed a surprise US Treasury announcement to double its long-dated bond buyback operations. Total crypto…
NVDA Stock, AMD Stock, Micron and Broadcom Gain as AI Spending Estimates Rise
AI spending estimates are rising again, giving semiconductor stocks a fresh boost. On August 7, 2026, Goldman Sachs estimated global AI investment could reach about $1 trillion this year, above widely cited hyperscaler spending forecasts. That outlook is supporting demand for AI chips, memory and networking hardware. As a result, NVDA stock, AMD stock, Micron…
Berlin Faces €7.2 Billion Beamte Backpay Bill After Court Ruling on August 19
Berlin civil servants may receive €1.3 to €7.2 billion in back pay after Federal Constitutional Court ruled their salaries fell below constitutional minimums from 2008 to 2020. Individual payouts could reach €123,256.
Orient Electric Launches Ecotech Volt Fan With 10-Hour Battery Backup on August 19
Orient Electric launches Ecotech Volt BLDC fan with 10-hour battery backup at Rs 4,594 on sale. Uses 28W motor, 50% less energy than conventional fans, available in two colors.
DayOne Secures S$530M Green Loan for Singapore’s First Hydrogen Data Centre
DayOne secures S$530 million green loan from DBS, OCBC, and UOB for Singapore’s first hydrogen-powered data centre. The 20MW facility will test solid oxide fuel cell technology and achieve BCA Green Mark Platinum certification.