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Trump-Backed Rep. Andy Ogles Loses Tennessee Primary to Charlie Hatcher
Rep. Andy Ogles loses his Tennessee House primary to Charlie Hatcher despite Trump’s endorsement. The incumbent faced controversies over anti-Muslim comments and campaign finance violations.
Adani News: AdaniConneX and DE-CIX Launch Chennai Connectivity Hub for 1GW Data Centre
Adani Group’s data centre arm AdaniConneX has partnered with DE-CIX India to launch a new connectivity hub. The point of presence sits at AdaniConneX’s Chennai 1 data centre in the SIPCOT IT Park. This move supports the company’s broader target of building over 1 gigawatt of green data centre capacity nationwide by 2030. The partnership…
Asian Shares Mixed as Nikkei 225 Falls 0.3%, Shanghai Gains 0.8%, Oil Rises Over 1%
On August 7, 2026, Asian stock markets ended the session with mixed results as investors responded to fresh economic data from across the region. Japan’s Nikkei 225 fell 0.3%, while China’s Shanghai Composite rose 0.8%, helped by improving confidence in Chinese stocks. At the same time, oil prices climbed more than 1%, adding to concerns…
SK Hynix Approves $38.3 Billion Investment to Expand Yongin and Cheongju Chip Plants
SK Hynix’s board approved a 54.3 trillion won ($38.3 billion) investment package Friday, August 7, 2026. The funding covers new fabrication plants in Yongin and Cheongju through 2031. This expansion responds directly to surging AI memory chip demand worldwide. SK Hynix continues racing to secure production capacity as memory prices climb sharply. $38.3 Billion Investment:…
AMD Stock Climbs 1.50% Following Acquisition of Alumni-Founded Chip Company
AMD stock rose 1.50% Thursday, August 6, 2026, closing at $489.29 per share. The gain followed AMD’s definitive agreement to acquire Taalas, a Toronto AI chip startup. Taalas was founded by former AMD engineers who later built model-specific inference chips. This marks AMD’s fourth AI-focused acquisition within just nine months. AMD Stock Today: Shares Rise…
DBS Shares Hit $76.33 as CEO Tan Su Shan Drives Wealth Growth to $500B
DBS posts record S$3.08B Q2 profit, wealth AUM crosses S$500B milestone. Shares hit S$76.33 as CEO Tan Su Shan charts AI-driven strategy for Southeast Asia’s largest bank.
Eutelsat Expects 2027 Revenue Increase Driven by 30%+ LEO Satellite Expansion
On 7 August 2026, Eutelsat said it expects revenue growth in fiscal 2027 as its low Earth orbit (LEO) satellite business is set to expand by more than 30%. The company is moving away from its declining TV broadcasting operations and focusing more on connectivity services powered by OneWeb. With demand increasing from governments, businesses,…
Teen Charged With Manslaughter After Sunshine Grocer Dies in Attack
Van Viet Truong, 60, died from injuries sustained during an alleged attack by five youths in Sunshine, Melbourne. A 15-year-old has been charged with manslaughter; three other youths were granted bail on Friday.
ByteDance Eyes AI Leadership With 10 Trillion-Parameter Model Bigger Than Kimi K3
On 7 August 2026, reports revealed that ByteDance is developing a 10 trillion-parameter AI model, making it much larger than Moonshot AI’s Kimi K3. The project is the latest sign of China’s rapid progress in artificial intelligence and could strengthen ByteDance’s position alongside companies such as OpenAI, Anthropic, and Google. A larger model does not…