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Nvidia-Backed Lambda Seeks Up to $3 Billion in Pre-IPO Funding Ahead of Potential 2027 Listing
Lambda is negotiating up to $3 billion in fresh financing, Bloomberg reported on August 24, 2026. The Nvidia-backed AI cloud provider is targeting a valuation of $12 billion or more in this round. Multiple term sheets have already reached the company, with deal terms still unfinalized. The financing could position Lambda for an initial public…
Lily’s Law push gains momentum after NSW teen hiker’s death, August 25
Lily Hooper, 18, died in Nattai National Park after eight days missing. Her family is calling for ‘Lily’s Law’ to promote personal locator devices and bush safety education for hikers.
Five Arrested as Police Raid CFMEU Melbourne Headquarters on August 25
Victoria Police arrested five men and raided CFMEU Melbourne headquarters investigating secret commissions, fraud and drug trafficking. Two men charged; three released pending enquiries.
Crypto Prices Today: Bitcoin Surges to $80,784, Solana Leads Market Rally With 35% Weekly Gain
Crypto prices are back in focus on August 25, 2026, after Bitcoin moved above the $80,000 mark. Bitcoin traded near $80,784, gaining almost 5% in 24 hours and more than 25% over the past week. The rally has also reached other major cryptocurrencies. Solana has gained more than 35% this week, putting it among the…
Brooklyn Democrats Rule Change Blocked as Reformers Win Court Victory on August 25
Brooklyn Democratic Party chair Rodneyse Bichotte Hermelyn proposed expanding executive committee voting from 42 to over 68 members. Reformers and city officials oppose the move as an attempt to block newly elected district leaders from removing her.
Hindustan Copper Share Price in Focus as Government Launches 3% OFS at ₹514, a 10% Discount
Hindustan Copper shares stayed in focus on Tuesday after the government launched an Offer for Sale at ₹514 per share. The floor price marks a 10.38% discount to Monday’s closing price of ₹573.55. The base offer covers 3% equity, with a green-shoe option to divest another 3% if oversubscribed. DIPAM Secretary Arunish Chawla confirmed the…
Sunshine Pictures Share Price Jumps 10% on NSE Debut, Lists at ₹395.90 vs ₹360 IPO Price
Sunshine Pictures made a strong debut on the Indian stock market on August 25, 2026. The Sunshine Pictures share price opened at ₹395.90 on the NSE, gaining 9.97% over its ₹360 IPO price. The listing came after the ₹282.14-crore IPO attracted more than 105 times subscription, showing strong investor demand. The debut was still below…
Tech Layoffs 2026: Apple, Netflix, TikTok and LinkedIn Slash Jobs as Industry Cuts Accelerate
Tech layoffs in 2026 have already surpassed all of 2025, with 127,180 jobs cut across 281 companies. Apple, Netflix, TikTok, and LinkedIn all announced fresh cuts this month. Apple laid off around 200 employees from its Siri, Vision Pro, and gaming teams. TikTok cut 75 more jobs in the Seattle area after slashing 250 positions…
Supreme Court Clears Trump’s Mail Ballot Order for Midterms on August 25
Supreme Court allows Trump administration to implement parts of executive order restricting mail voting for midterms. Democratic-led states plan new lawsuits and California proposes felony penalties for ballot interference.