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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.
Apple’s iPhone Duo Repair Cost: ¥3,200 Cover Layer Swap, October 04
Apple’s iPhone Duo features a replaceable cover layer that can be swapped for ¥3,200 to fix creasing caused by repeated folding. The device marks Apple’s entry into the foldable smartphone market with distinct display features.
G7 Releases 100M Barrels After Trump Threatens Diesel Ban
G7 countries agreed to release 100 million barrels of diesel and crude oil from reserves over four months after Trump’s export ban threat, with substantial diesel supplies hitting markets within 20 days to ease global fuel price pressures.
Zcash Falls 0.6% to $1,326 as Grayscale ETF Records First Weekly Outflows
Zcash drops to $1,326 as Grayscale Zcash Trust sees $93.6M in weekly outflows, signaling institutional pullback from privacy assets.
Argentina’s Golden Passport: $350,000 Entry Fee for Citizenship
Argentina opens citizenship program for $350,000 investment. Single applicants pay $350,000; families of four pay $500,000. Applications open Q4 2026. First South American country to offer paid citizenship.
UK Government Mulls PIP Overhaul: 4.1M Claimants Face Potential Benefit Redesign
UK government reviewing Personal Independence Payment for 4.1 million claimants. Minister refuses to rule out cuts but promises no forced service swaps. Final report due November 2026.
Prudential Life Faces 3-Month Sales Suspension Over ¥3.1B Fraud Scandal
Japan’s FSA orders Prudential Life to suspend new insurance sales for 3+ months after employees defrauded 500 customers of ¥3.1 billion over 35 years. Parent company also faces improvement order.
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.
Zcash Slides 3.6% to $1,287 as ETF Outflows Weigh on Sentiment
Zcash fell 3.6% to $1,287.07 on October 2 amid $30.25M in Grayscale ETF outflows and lingering concerns from the Bitget hack.