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Citi Tops Global IPO Underwriting, Overtakes Goldman Sachs in 2026
Citigroup takes top spot in global IPO underwriting through September 2026, ahead of Goldman Sachs, after advising on SK Hynix $26.5B and SpaceX $86B listings.
Rakuten Stock Slides as 101M Member Data Breach Claim Surfaces October 6
Rakuten denies a claim that 101 million member records are being sold on the dark web for $700. The company separately confirmed a breach of its cloud storage service affecting 15,382 accounts.
Rakuten Data Sale Claim Unverified as 101M Records Surface October 6
Hackers claim to sell 101 million Rakuten member records including names, addresses, and point balances. Rakuten denies the breach. Authenticity unverified as of October 6.
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.
49ers Owner Jed York Suspended 6 Games, Fined $500K by NFL
NFL suspends 49ers owner Jed York six games and fines him $500,000 for violating personal conduct policy after prostitution sting arrest in Ohio.
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.
CBC Opens Bidding for Short-Form Video Rates as India Shifts to Reels
CBC invites 36 agencies to bid on rates for short-form videos and AI TVCs by October 6. The move signals India’s advertising industry shift toward social media and generative video production.
CBA Extends Regional Branch Pledge to December 2030
Commonwealth Bank commits to keeping 281 regional branches open until December 2030, investing A$140 million and maintaining cash access despite declining usage.
Spotify Outage Hits 19,000 Users on September 29; Stock Stable
Spotify outage on September 29 affected over 19,000 users across the US with login and search issues. Service recovered by afternoon. SPOT stock unaffected.