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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.
Nepal Floods Hit Indian Stocks: Emami (EMAMILTD) Slides 3%, NHPC Falls 1% as Operations Face Disruption
Nepal’s deadly flash floods are weighing on Indian stocks with exposure to the country. On August 27, 2026, Emami (EMAMILTD) fell as much as 3.35%, while NHPC also traded lower as investors assessed possible disruption to operations. Floodwaters have damaged roads, bridges and power infrastructure, raising concerns about supply chains and business activity. Investors are…
Nvidia (NVDA) Reportedly Agrees to Buy Hugging Face for $12.9 Billion in Major AI Expansion
Nvidia (NVDA) has reportedly agreed to buy AI platform Hugging Face for $12.9 billion, according to reports published on August 27, 2026. The potential deal would give Nvidia greater control over a major hub for open-source AI models and datasets. It also shows that the chip giant is looking beyond GPUs. As competition in AI…
Salesforce (CRM) Stock Soars 13% to $232 After Hours as AI Growth and $2.6 Billion Anthropic Gain Fuel Rally
Salesforce (NYSE: CRM) stock surged about 13% to nearly $232 in after-hours trading on August 26, 2026, after the company reported strong fiscal second-quarter results. Revenue rose 11% to $11.35 billion, while rising demand for its AI products gave investors more confidence in the company’s growth. A $2.6 billion gain linked to Anthropic added to…
US Disrupts China-Linked Hacking Network Targeting NASA, Federal Reserve and Senate
NASA was among several federal agencies breached by a China-affiliated hacking network, the Justice Department confirmed Wednesday, August 26, 2026. Authorities seized domains tied to two hacking platforms, dubbed QScan and QTRouter, used since at least 2018. The Federal Reserve, US Senate, Department of Justice, and Department of Energy were also confirmed victims. FBI Director…
Edge Early Learning Collapses Into Administration: 70 Centres at Risk, August 27
Edge Early Learning enters voluntary administration with 70 childcare centres at risk. KordaMentha appointed to assess operations. Centres remain open for now as administrators review financial position.
Nvidia Posts $96.2B Revenue, Guides 70% Growth for Fiscal 2028
Nvidia crushes Q2 earnings with $96.2B revenue, up 106% year-over-year. CEO Jensen Huang forecasts 70% growth for fiscal 2028, signaling sustained AI infrastructure demand despite supply constraints.
McDonald’s McGold Card Arrives in Australia on September 1 With Nine Lifetime Prizes
McDonald’s brings the legendary McGold Card to Australia starting September 1. Nine winners will receive $30 weekly for 40 years. Customers enter through the MyMacca’s app by purchasing daily Golden Deals.
Nvidia Beats Q2 Targets, Stock Falls Despite $96.2B Revenue on August 26
Nvidia reported Q2 revenue of $96.2B, beating estimates of $92.3B, and raised Q3 guidance to $105.8B-$110.1B. Data Center revenue jumped 117% to $89B. Stock fell 1.6% despite the beat.