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Dolly Parton Estate Sues Nephew Bryan Seaver for Threats and Extortion
Dolly Parton’s estate sued nephew Bryan Seaver for threats and extortion. Court filings claim he used barbed wire to evade service. A hearing is set for October 20.
AMD Jumps 3% to $649.42 as Meta Muse Drives CPU Renaissance
AMD stock hits fresh high at $649.42 as Meta Muse AI agent adoption drives CPU demand. Citi upgrades AMD price target, projecting CPU market to expand from $29B in 2025 to $300B by 2030.
Citi Raises AMD Target to $800 on Meta Muse CPU Boom, October 7
Citi analyst raises AMD price target 39% to $800 after Meta Muse launch. CPU market seen expanding to $300B by 2030. AMD stock hits record high at $649.42.
ASOS Stock Plunges 9.6% After Hackers Send Ransom Demand via App
ASOS shares fell 9.6% after hackers sent a ransom demand via push notification to app users, claiming access to basic customer information including names and contact details.
Deluge Raises S$23.4M in SGX IPO as Fire Safety Rules Tighten October 6
Deluge raises S$23.4M in SGX IPO priced at S$0.60 per share. The fire-protection firm holds 8.3% of Singapore’s market and eyes regional expansion as Malaysia tightens fire safety rules for 9,451 buildings.
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.
Russian Lab Worker Dies of Suspected Plague; US Monitoring Closely
A Russian laboratory worker at a plague research institute in Irkutsk died of suspected pneumonic plague. US Secretary of State Marco Rubio says Washington is monitoring the situation closely, though Russian authorities say there is no cause for alarm.
Japan Expands Russia Sanctions on October 2; Moscow Vows Countermeasures
Japan froze assets of 33 Russian firms and 9 individuals on October 2 and restricted 35 vessels. Russia’s Foreign Ministry threatened countermeasures on October 5, citing violations of a 1957 trade agreement.
Kioxia Stock Split Triggers Margin Call Crisis as Year-End Deadline Looms
Kioxia’s 3-for-1 stock split lowered entry barriers but trapped margin traders. Retail investors face year-end liquidation deadlines, risking cascade selling in the memory chip maker’s shares.