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Nvidia-Backed Lambda Seeks Up to $3 Billion in Pre-IPO Funding Ahead of Potential 2027 Listing
Lambda is negotiating up to $3 billion in fresh financing, Bloomberg reported on August 24, 2026. The Nvidia-backed AI cloud provider is targeting a valuation of $12 billion or more in this round. Multiple term sheets have already reached the company, with deal terms still unfinalized. The financing could position Lambda for an initial public…
Five Arrested as Police Raid CFMEU Melbourne Headquarters on August 25
Victoria Police arrested five men and raided CFMEU Melbourne headquarters investigating secret commissions, fraud and drug trafficking. Two men charged; three released pending enquiries.
Brooklyn Democrats Rule Change Blocked as Reformers Win Court Victory on August 25
Brooklyn Democratic Party chair Rodneyse Bichotte Hermelyn proposed expanding executive committee voting from 42 to over 68 members. Reformers and city officials oppose the move as an attempt to block newly elected district leaders from removing her.
Sunshine Pictures Share Price Jumps 10% on NSE Debut, Lists at ₹395.90 vs ₹360 IPO Price
Sunshine Pictures made a strong debut on the Indian stock market on August 25, 2026. The Sunshine Pictures share price opened at ₹395.90 on the NSE, gaining 9.97% over its ₹360 IPO price. The listing came after the ₹282.14-crore IPO attracted more than 105 times subscription, showing strong investor demand. The debut was still below…
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…
Secret White House Bunker Undermines Trump’s $600M Ballroom Security Case
Former officials say existing White House bunker undermines Trump administration’s security argument for $600 million ballroom. Supreme Court allowed construction to continue on August 21.
Tamil Nadu CM Vijay Drops Parandur Airport, Announces ₹4,000 Crore LPG Scheme on August 24
CM Vijay scraps Parandur airport, launches ₹4,000 crore free LPG cylinder scheme for 1.34 crore families starting Pongal 2027, and expands free bus travel for women and transgender persons from October 2.
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.
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.