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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.
Corus Entertainment Cuts More Jobs at Global News and Radio on August 21
Corus Entertainment confirms fresh layoffs at Global B.C., Global National, News 640, and talk radio. Q3 revenue fell 16% and the company posted a $36.5M net loss.
OpenAI’s iMessage Plugin Raises Privacy Stakes for Apple on August 21
OpenAI rolled out an Apple Messages plugin for ChatGPT on Mac that can read, search, and send texts. The feature raises privacy questions despite local processing claims and default approval gates.
Trump Approval Rating Hits 33%, Lowest of His Presidency, as Iran War Drives Economic Anxiety
Trump’s approval rating falls to 33%, lowest of his presidency, as Iran conflict drives oil prices higher and economic anxiety spreads among voters in key Senate races.
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…
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…
Japan Ends 45-Hour Overtime Cap in September, Allowing Up to 100 Hours Monthly
Japan ends blanket 45-hour overtime guidance in September, allowing companies with special clauses to permit up to 100 hours monthly. Labor inspectors will focus on worker health protections instead.
Gunma High School Teacher Dismissed for Contaminating Student’s Water Bottle
Gunma Prefecture dismisses high school teacher for putting urine in student’s water bottle. Victim suffered psychological distress and missed school. Teacher confessed after one month.
Moderna Soars 122% on Melanoma Vaccine Breakthrough, August 21
Moderna stock jumps 122% after announcing its personalized mRNA melanoma vaccine met Phase 3 trial goals. The vaccine reduced cancer recurrence and spread when combined with Merck’s Keytruda.