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Xiaomi (HK: 1810) Launches In-House Xring O3 Chip and Partners with TSMC for Production
Xiaomi unveiled its Xring O3 chip on August 24, 2026, adding another in-house processor to its growing semiconductor effort. Sources familiar with the plans say TSMC will manufacture the chip using 3nm technology. The processor is expected to power Xiaomi’s next flagship foldable, with initial shipments estimated at 200,000 to 300,000 units. Developing its own…
Sony Faces PlayStation Blackout as Gamers Protest Disc Phase-Out by 2028
PlayStation gamers boycott Sony through August 30 over plans to end physical disc production in 2028. Sony’s licensing emails spark debate on digital ownership rights.
Hanmi Pharm (KRX: 128940) Hits 30% Daily Limit on $2.3B Obesity Drug Licensing Deal with Genentech
Hanmi Pharm shares surged 30% on August 24, 2026, hitting the daily price limit after the South Korean drugmaker announced a licensing deal with Genentech worth up to $2.3 billion. The agreement covers HM17321, an experimental obesity treatment designed to reduce body fat while preserving muscle mass. Hanmi will receive $190 million upfront, while Genentech…
Vishal Mega Mart (NSE: VMM) Jumps 11% to ₹115 on CEO Gunender Kapur’s 5-Year Term Renewal
Vishal Mega Mart shares jumped around 10% on August 24, 2026, after the retailer announced the reappointment of Gunender Kapur as Managing Director and CEO for another five years. His new term will run from September 1, 2026, to August 31, 2031. Investors responded positively to the longer leadership tenure. With Vishal Mega Mart also…
MCX Gold Price Today: Gold Rises 0.52% to ₹1,63,230 as Crude Drops; Silver Slips to ₹2,45,230
On August 24, 2026, MCX gold price rose 0.52% to ₹1,63,230 per 10 grams, extending its recent rally as a weaker US dollar supported bullion demand. Gold has now gained for four straight MCX sessions, while silver moved lower after its recent winning streak. Crude oil prices also eased as traders booked profits ahead of…
Sonova (SIX: SOON) Launches Phonak EON AI Hearing Platform to Drive Growth Targets
Sonova launched Phonak EON on August 24, introducing its third real-time AI hearing platform. The Swiss hearing-care company designed EON to improve speech understanding and reduce listening effort. The launch strengthens Phonak’s premium hearing-aid portfolio during an important growth phase. Sonova said EON combines proprietary AI with improved design and connectivity. Phonak EON Adds Smaller…
Bitcoin Price Jumps Over 24% in a Week, Breaks $78,000 Amid $2.7 Billion Liquidations
Bitcoin surged more than 24% in the week ending August 24, 2026, pushing above $78,000 as bullish momentum returned to the crypto market. The sharp move also triggered around $2.7 billion in short liquidations, adding further buying pressure. With Bitcoin now nearing the $80,000 level, investors are watching whether fresh demand can keep the rally…
Trump White House Legislative Director James Braid Exits in September
White House legislative affairs director James Braid is leaving his post in September. He led Trump’s legislative agenda through Congress, including major bills and Cabinet confirmations.
Oriental Hotels Stock Surges Over 5% After Indian Hotels Company Merger Approval
Oriental Hotels shares jumped more than 5% on August 24 after IHCL approved its merger. The Indian Hotels Company and Oriental Hotels boards approved a Scheme of Arrangement. The transaction will combine OHL with its larger associate through an all-stock structure. The scheme remains subject to shareholder, creditor, NCLT, stock exchange, SEBI, and other approvals….