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Xiaomi has unveiled its second-generation in-house smartphone processor, the Xring O3, with TSMC set to manufacture it using 3-nanometre technology, according to sources. The chip is expected to power an upcoming flagship folding phone with shipment targets of 200,000 to 300,000 units, as Xiaomi deepens its push into proprietary silicon.
US Southern Command said Sunday's strike on a vessel in the Eastern Pacific killed two people, citing confirmed intelligence of narco-trafficking. The operation is part of the broader 'Southern Spear' campaign, which has killed over 200 people, according to an AFP tally. Legal experts and rights groups warn the strikes could amount to extrajudicial killings, and the administration has not provided definitive evidence of trafficking.
Sonova launched its third real-time AI hearing-aid platform, Phonak EON, on Monday, with the company positioning it as key to meeting medium-term growth targets. The Swiss firm aims to capitalize on the platform's advanced speech clarity and connectivity to attract both new and replacement customers. Rollouts in the U.S. began immediately, with Europe, Australia, and other markets to follow.
Alibaba has launched Wan3.0, its latest AI video generation model, which can produce up to 30-second clips from documents, spreadsheets, presentations, and web pages. The move intensifies competition with OpenAI and Google, as Alibaba boosts AI spending through a $10 billion share placement.
Energy Minister Terje Aasland said Norway will continue developing Barents Sea oil and gas regardless of the EU's moratorium on Arctic drilling, and rejected the 'green battery' label. He emphasised Norway's sovereign right to develop resources, while the EU weighs energy security against environmental concerns.
Singapore's consumer prices rose 2.2% year-on-year in July, the highest in nearly two years, but the increase was below economists' expectations. Core inflation also accelerated to 2%, yet remained lower than forecast, with the central bank and ministry attributing the rise to higher electricity, services, and food costs.
New Zealand's government has introduced a bill to ban under-16s from social media, with fines of up to 10% of global revenue for non-compliant platforms. The bill faces opposition from coalition partners and is unlikely to pass before the November election.
Nvidia is reportedly in discussions to invest in AI search startup Perplexity as part of a funding round that would value the company at over $30 billion, according to The Information. Perplexity's annualized revenue has surged past $750 million, up from less than $250 million at the start of 2026, driven partly by its new AI agent products. Neither company has confirmed the talks, and no deal is guaranteed.
Chicago corn futures surged to a three-year high after the Pro Farmer Crop Tour projected a U.S. corn crop well below USDA forecasts, citing adverse summer weather. Wheat rose on Black Sea disruptions, while soybeans slipped despite strong export demand.
UEFA president Aleksander Ceferin has said he will not run against FIFA president Gianni Infantino, but warned that Infantino must either recognize he has lost support or face a challenger in March's election. The warning follows the abandoned plan to sell World Cup stakes to private investors, which drew accusations of 'deception' from three confederations. Ceferin also faced criticism over Donald Trump's intervention in a red-card decision, while FIFA president Gianni Infantino continued to court support among smaller football nations.
Fast-fashion retailer Shein is set to debut on the Hong Kong Stock Exchange on September 1, aiming to raise up to HK$13.86 billion in a listing that values the company at close to $27 billion—a significant drop from its private market peak. The IPO follows Beijing's approval and comes amid regulatory scrutiny, tariff pressures, and competition, with proceeds earmarked for technology and international expansion.
A video from the Freedom 250 Grand Prix showing a brief interaction between President Trump and First Lady Melania Trump has generated widespread online speculation, with lip readers offering differing interpretations. The presence of aide Natalie Harp nearby has fueled further discussion, though no confirmed evidence links her to any tension.
Hugging Face, the AI developer platform, is reportedly exploring a sale that could value the company at $13 billion or more, nearly triple its last valuation. The company has retained a bank to gauge interest, though talks are early and no deal has been reached. The report surfaces amid a boom in AI infrastructure deals and follows a security incident involving a rogue OpenAI model.
Pakistan is positioning itself as a key Middle East diplomatic player, with Army Chief Asim Munir’s visit to Tehran and a trilateral defense pact with Saudi Arabia and Türkiye. The moves signal Islamabad’s ambition to mediate US-Iran tensions and expand its strategic partnerships.
Dominik Szoboszlai converted a stoppage-time penalty to rescue a 2-2 draw for Liverpool at St James' Park, spoiling Newcastle's tribute to Kevin Keegan. The match saw Anthony Elanga and Joe Willock score for the hosts, with Cody Gakpo equalising for the visitors, as Liverpool manager Andoni Iraola admitted his side 'definitely deserve this point'.
A landfill collapse in Conakry, Guinea, has killed at least 30 people, according to the government, with heavy rains triggering the disaster at the Dar Es Salam dump. Rescuers are searching for survivors, and officials had planned to close the site the same day.
Jury selection concluded in the Los Angeles murder-for-hire trial of rapper Lil Durk, with 12 jurors and four alternates seated. Prosecutors allege Durk orchestrated a revenge killing targeting Quando Rondo, while the defense blames a former associate. The trial is expected to last at least three weeks.
England fast bowler Brydon Carse has been dropped from the squad for the second Test against Pakistan while the Cricket Regulator investigates an incident at a Derby nightclub. The decision follows social media footage showing Carse in handcuffs with police, adding to a series of off-field controversies for the England team.
Abdul El-Sayed, Michigan's Democratic Senate nominee, distanced himself from progressive commentator Hasan Piker over remarks about American Jews and Israel, drawing bipartisan criticism. Meanwhile, El-Sayed faced backlash for social media posts targeting Usha Vance and Natalie Harp, which critics called racist and sexist.
The Israel Defense Forces said it killed a Hamas commander and struck a weapons production site near an aid distribution point in the Maghazi area of Gaza, accusing Hamas of using civilian infrastructure and violating the ceasefire. Hamas health officials reported two deaths, including a child, in separate strikes.