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Paramount CEO Ellison Threatens California Exit by Oct. 1 Over Merger Dispute
Paramount CEO David Ellison threatens to move the studio out of California by October 1 unless state AG Rob Bonta agrees to settle the $111 billion Warner Bros. merger antitrust lawsuit.
China Intensifies South China Sea Pressure as Australia, Vietnam Strengthen Defence Ties
China expands South China Sea control through island-building and coast guard operations. Australia and Vietnam respond by deepening military ties and maritime security cooperation amid regional tensions.
Porter Airlines Flight Cancelled After Child Refuses Seatbelt in Victoria, August 6
Porter Airlines cancelled Flight PD444 on August 6 after a child refused to wear a seatbelt. All passengers were rebooked for August 7. The incident sparked debate over airline safety protocols and parental responsibility.
O’Hare Cancels 302 Flights as Thunderstorms Trigger Back-to-Back Ground Stops
FAA ground stops at O’Hare on August 9 and 10 caused 302 flight cancellations and 600+ delays. United Airlines canceled five times more flights than American due to its 48% seat share at the hub.
O’Hare Sets Global Delay Record as Thunderstorms Trigger Back-to-Back Ground Stops
FAA ground stops at Chicago O’Hare on August 9-10 due to thunderstorms triggered 450 delays and 168 arrival cancellations. United Airlines hit hardest with 48% of airport seats.
Tencent (0700.HK) WorkBuddy AI Success Fuels Stock Recovery Hopes Ahead of Earnings as Shares Fall 2.16%
Tencent shares fell 2.16% on Tuesday, August 11, 2026, a day ahead of its second-quarter earnings report. The decline comes despite growing investor optimism around WorkBuddy, now China’s most widely used productivity AI agent. Bloomberg reported the tool’s rapid adoption could help Tencent finally catch up in the AI race. Investors await fresh usage data…
Anthropic Strikes $9.1 Billion AI Cloud Deal With Riot Platforms to Expand Claude Computing Capacity
Anthropic has struck a $9.1 billion, 20-year computing deal with Riot Platforms Inc. to expand capacity for its Claude AI models. The agreement covers 191 megawatts of IT capacity at Riot’s Rockdale, Texas campus, enough to power roughly 143,000 homes. Riot Platforms shares surged over 25% in after-hours trading Monday, August 10, 2026, after Bloomberg…
Trump Shifts to Economic Pressure on Iran as Strait Talks Stall, August 11
Trump says US is ‘low-keying’ Iran conflict, relying on economic pressure and naval blockade instead of military strikes. Compensation demands stall Strait of Hormuz reopening talks.
Daniel Kinahan Extradited to Ireland, Remanded in Custody Until October 5
Daniel Kinahan, suspected leader of the Kinahan cartel, extradited from UAE to Ireland. Charged with directing criminal organisation. Remanded in custody until October 5, 2026.