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Philippines-Singapore Cable Restored After October 2 Outage
Philippines-Singapore submarine cable outage on October 2 disrupted internet for PLDT, Globe, and Converge users. The C2C cable was restored by October 3 after telcos rerouted 300Gbps of traffic.
Getty Images Avoids Default, Faces NYSE Delisting October 3
Getty Images avoids default with last-minute $51.6M bond payment but faces NYSE delisting. Stock down 99% since 2022 SPAC debut as AI competition pressures stock imagery business.
DFI Retail Grabs Full Starbucks Control in Asia for US$340M on October 1
DFI Retail takes full control of 1,100+ Starbucks stores across Asia for US$340M cash, exiting Maxim’s joint venture. Stock jumps 6.6% as company targets billion-dollar business in three years.
Dangote’s £12bn Kenya refinery breaks ground despite court order on September 30
Aliko Dangote breaks ground on £12bn Lamu refinery in Kenya on September 30, despite court order maintaining status quo on disputed land until October 14 hearing.
Paramount-Warner Bros. $111B Merger Clears Final Legal Hurdle on September 29
Paramount Skydance settles $111 billion Warner Bros. merger antitrust case with 12 states. Judge must still approve the deal. Paramount faces film distribution and spending commitments.
Google Marks 28th Birthday on September 27 With Nostalgic Doodle
Google turns 28 on September 27, 2026, marking 28 years since Larry Page and Sergey Brin founded the search engine. The company celebrates with a nostalgic Doodle and reflects on its global expansion.
Australian Army Retires Tiger Helicopters After 22 Years, Shifts to Apache Fleet
Australia retires its 22 Tiger attack helicopters after 22 years of service. The ADF transitions to 29 AH-64E Apache helicopters under a A$4.5 billion program, with six already delivered and all 29 expected by end of 2029.
California’s Oldest Winery Files for Bankruptcy After 168 Years
Gundlach Bundschu Winery, California’s oldest family winery since 1858, filed for Chapter 11 bankruptcy on September 23 with $39 million in debt. The company cut costs 50% but could not reach a deal with lenders.
USDA Issues Class I Meat Recall: 167,639 Pounds Bypass Federal Inspection
Star Meat Delivery recalls 167,639 pounds of beef, pork, and goat products produced without USDA inspection but bearing false inspection marks. Class I recall affects retailers and restaurants nationwide.