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Stan Kroenke Buys Angels for Record $4B, Ending Moreno’s 23-Year Tenure
Stan Kroenke buys the Los Angeles Angels for $4 billion, a record MLB valuation. The deal ends Arte Moreno’s 23-year ownership and is expected to close in Q1 2027 pending MLB approval.
Scalable Capital Raises Savings Rates to 2.60% on September 1, 2026
Scalable Capital raises overnight account interest to 2.60% p.a. and launches fixed-term accounts at up to 3.00% p.a. as of September 1, 2026. Full details on rates, deposit protection, and how it compares to competitors.
Microsoft Outlook Outage Mostly Resolved After Authentication Glitch on August 31
Microsoft Outlook outage on August 31 affected nearly 6,000 users. Root cause was authentication configuration issue. Service mostly restored by September 1 morning.
Microsoft Outlook Outage Hits Millions Globally on August 31
Microsoft Outlook outage on August 31 affected millions globally. Authentication failure in Exchange Online disrupted email, Teams, OneDrive. Services recovering but search issues persist.
Maggie Beer Holdings Posts $9.5M Loss After Shopify Migration Cuts Search Traffic
Maggie Beer Holdings posts $9.5M loss after Shopify upgrade cuts organic search traffic 38% in peak season. Hampers division sales fell 6.3% despite $800k emergency marketing spend.
Partners Group Stock Drops 9.7% as H1 Profit Falls 13%, CEO to Step Down
Partners Group stock plunges 9.7% after H1 profit fell 13% to CHF 502 million. CEO David Layton to return to investment role; co-CEO structure returns January 2027.
Redmi Note 17 Pro Max Teased for India Launch With 10,000mAh Battery
Xiaomi teases Redmi Note 17 Pro Max India launch with 10,000mAh battery and 100W charging. Expected price Rs 45,999. First Max variant in Note series.
CBA Settles $249M Super Class Action; 500,000 Members to Benefit
CBA, Colonial First State, and Avanteos settle $249 million superannuation class action affecting 500,000 members. Settlement requires Federal Court approval but no admission of liability.
Sony PlayStation 27″ Monitor Launches at $349 With 240Hz and Controller Charging
Sony’s new PlayStation 27″ gaming monitor features QHD resolution, 240Hz support, and integrated DualSense charging. Priced at $349, the first run sold out immediately on PlayStation Direct.