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On 12 August 2026, a week before the Tata Sons AGM, Chairman N Chandrasekaran tendered his resignation but said he will finish his term ending 20 Feb 2027, abruptly reopening the succession race at India’s largest conglomerate.
Liverpool supporters intervened after reports that an Amit Bhatia-led consortium, now fronted by Jeff Bezos, is days away from buying roughly one-third of the club from Fenway Sports Group (FSG).
On 10 Aug 2026, the U.S. 9th Circuit ruled that Section 230 is only a post-trial liability shield, not immunity from being sued, dismissing Meta and TikTok’s premature appeal and allowing more than 3,100 consolidated lawsuits over alleged youth social-media addiction to proceed while refusing to pause a 29-state AG trial set for this week.
On 10–11 Aug 2026, Nvidia signed MOUs with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to mobilize more than $500 billion of third-party debt and equity that will finance Nvidia-based AI data-centres worldwide.
On 6 Aug 2026 the two companies formally committed $16.8 billion to break ground on Terafab, a single-site chip campus set to dwarf the Pentagon and vertically integrate logic, memory, packaging and test for their AI hardware.
On 7 Aug 2026 the SK Hynix board formally approved a ₩54 trillion (~$38 billion) capital outlay for two South-Korean plants, locking in multi-year expansion of high-bandwidth DRAM and NAND capacity aimed at the post-2029 AI market.
On 5 Aug 2026 Deputy Defense Secretary Steve Feinberg ordered U.S. arms makers to present, within 21 days, concrete plans to sharply accelerate production after Patriot and THAAD interceptor inventories collapsed during five months of fighting with Iran.
Brent crude bounced roughly 1 % on 10 Aug 2026 after Tehran said Hormuz will stay closed until the U.S. lifts sanctions, pays war damages and withdraws forces, reversing last week’s hopes for a quick reopening.
After Lok Sabha passed the Taxation & Other Laws (Amendment) Bill 2026, the Finance Ministry clarified on 8 Aug 2026 that consumer and P2P UPI payments stay zero-fee, while a nominal, threshold-linked Merchant Discount Rate may later be levied on a small subset of large merchant transactions.
On 6 Aug 2026 Judge Bryan Biedscheid required Meta to pay $567 million into a teen mental-health fund and overhaul Facebook/Instagram features for minors, the first U.S. ruling that brands a social-media platform a legally actionable "public nuisance."
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