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Arashi Inc. Donates ¥50 Million to Kumamoto Earthquake Relief on August 4
Arashi Inc. donated ¥50 million to Kumamoto earthquake relief on August 4, 2026. The group’s corporate entity continues its pattern of large-scale disaster philanthropy following the July 28 earthquake.
Apple Restores Telegram to App Store After Guideline Breach; Developer Removed Violating Content and Banned User
Apple briefly removed Telegram from the App Store worldwide on Monday, August 3, 2026. The company said a routine review found content violating its guidelines against child sexual abuse material. Telegram acted quickly, removing the flagged content and banning the responsible user. Apple restored the messaging app within hours of the initial takedown. Apple’s Telegram…
Jeff Bezos Backs $2.6B AI Startup Tackling Chip Material Shortage
Jeff Bezos backs CuspAI’s $450M Series B round at $2.6B valuation. The AI startup partners with Nvidia and Meta to discover chip materials, tackling gallium and rare element shortages.
DeepSeek AI Launches Ultra-Low-Cost V4-Flash Model Ahead of Potential IPO
DeepSeek AI released the official version of its V4-Flash model on July 31, 2026, undercutting rivals on price by a wide margin. The Chinese startup’s new model costs over 100 times less to operate than Anthropic’s Claude Fable 5, according to research firm Artificial Analysis. The launch comes as DeepSeek AI reportedly prepares for a…
Prysmian Strikes $3.8 Billion Agreement to Buy U.S. Firm Atkore
On August 3, 2026, Italian cable maker Prysmian agreed to acquire U.S.-based electrical products company Atkore in a $3.8 billion cash deal. It is one of the largest industrial acquisitions announced this year. The agreement comes as investment in AI data centers, power grid upgrades, and electrification projects continues to grow. Prysmian plans to expand…
Social Security 2027 COLA Forecast Climbs to 3.8% as Inflation Pressures Persist
The Social Security 2027 cost-of-living adjustment now stands at 3.8%, according to The Senior Citizens League. That marks a full percentage point jump from the 2.8% COLA applied in 2026. If confirmed, average monthly benefits would rise by $73.62, from $1,937.53 to $2,011.15. More than 75 million beneficiaries are watching this forecast closely. Social Security…
CuspAI Hits $2.6 Billion Valuation After Jeff Bezos, Nvidia, and Meta Back AI Materials Startup
Cambridge-based AI startup CuspAI secured $450 million in a Series B funding round on July 20, 2026. The funding pushed its valuation to $2.6 billion, backed by Jeff Bezos, Nvidia, and Meta. CuspAI uses artificial intelligence to discover new materials for chipmaking, clean energy, and manufacturing. The round marks a fivefold jump from its $520…
Bloomberg Ordered to Pay S$290,000 in Legal Costs After Defamation Loss on July 31
Bloomberg and journalist Low De Wei ordered to pay S$290,000 in legal costs to Singapore ministers Shanmugam and Tan See Leng after defamation loss. Each minister also received S$230,000 in damages.
Costco Canada Expands Recall to Toaster Ovens, Go-Karts on July 31
Costco Canada recalls Panasonic toaster ovens, Aston Martin go-karts, and Alfa Croissants due to fire, injury, and mould hazards. Full details on affected lot codes and refund options.