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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."
On 8 Aug 2026 a cluster of mid-sized Indian firms filed Q1 FY27 results that, taken together, mark a sharp YoY profit rebound for traditional manufacturers while Ola Electric’s losses, though shrinking, highlight ongoing strain in the country’s EV up-cycle.
On 6 Aug 2026, President Trump invoked Section 232 to slap a 15 % tariff and mandatory minimum import prices—$21/kg polysilicon, $100/kg ingots & wafers, $0.22/W cells, $0.38/W modules—effective 4 Dec 2026, to reduce Chinese dominance and force on-shore production.
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