The latest news

African Online Retailer Jumia Cuts Losses and Secures 50 Million Dollars in New Funding

African Online Retailer Jumia Cuts Losses and Secures 50 Million Dollars in New Funding

Lagos, Wednesday, 12 August 2026.
On August 12, 2026, e-commerce giant Jumia reported a 36% reduction in core losses for Q2 2026 and announced $50 million in new financing to drive profitability.

Leaked Microsoft Controller Reveals New Built-In Display and Repairability Features

Leaked Microsoft Controller Reveals New Built-In Display and Repairability Features

U.S. Secret Service Uses Catering Truck Decoy to Evade Security Threat in Turkey

U.S. Secret Service Uses Catering Truck Decoy to Evade Security Threat in Turkey

How Falling Battery Costs Are Turning Solar Power Into a 24-Hour Energy Source

How Falling Battery Costs Are Turning Solar Power Into a 24-Hour Energy Source

Super Micro Stock Surges Following Exceptional Profit Results

Super Micro Stock Surges Following Exceptional Profit Results

latest news in economy

Norway's Wealth Fund Reveals $1.2 Billion Stake in SpaceX

Norway's Wealth Fund Reveals $1.2 Billion Stake in SpaceX

Oslo, Wednesday, 12 August 2026.
Norway’s $2.3 trillion sovereign wealth fund revealed a $1.22 billion position in SpaceX, highlighting institutional confidence in commercial space exploration despite ongoing governance and valuation concerns.

Treasury Permanently Ends Ownership Reporting Rules for Domestic Companies

Treasury Permanently Ends Ownership Reporting Rules for Domestic Companies

Federal Reserve Policy Shifts Spark Wall Street Volatility Concerns

Federal Reserve Policy Shifts Spark Wall Street Volatility Concerns

Faster Federal Reserve Approvals Drive New Wave of Regional Bank Mergers

Faster Federal Reserve Approvals Drive New Wave of Regional Bank Mergers

Homebuilder Financing Incentives Create Massive Gap in US Mortgage Rates

Homebuilder Financing Incentives Create Massive Gap in US Mortgage Rates

latest news in companies

Oracle and Quantinuum Team Up to Bring Quantum Computing to Cloud Platforms

Oracle and Quantinuum Team Up to Bring Quantum Computing to Cloud Platforms

Austin, Wednesday, 12 August 2026.
Oracle and Quantinuum have partnered to integrate the Helios quantum processor into Oracle Cloud Infrastructure, enabling ultra-efficient hybrid AI and quantum processing for enterprise customers.

How Smart Model Selection Cuts Enterprise Artificial Intelligence Costs by 47 Percent

How Smart Model Selection Cuts Enterprise Artificial Intelligence Costs by 47 Percent

Beloved Kirkland Chocolate Chips Return to Costco Shelves After Two-Year Hiatus

Beloved Kirkland Chocolate Chips Return to Costco Shelves After Two-Year Hiatus

SpaceX Strengthens Global Internet Network with Dual Coast Rocket Launches

SpaceX Strengthens Global Internet Network with Dual Coast Rocket Launches

TrellisWare Demonstrates Advanced Radio Networks in Army Modernization Trial

TrellisWare Demonstrates Advanced Radio Networks in Army Modernization Trial

latest news in politics

Democrat Rebecca Cooke Wins Wisconsin Primary to Set Up High-Stakes House Rematch

Democrat Rebecca Cooke Wins Wisconsin Primary to Set Up High-Stakes House Rematch

Madison, Wednesday, 12 August 2026.
Rebecca Cooke won Wisconsin’s Democratic primary on August 11, 2026, setting up a toss-up rematch against incumbent Republican Derrick Van Orden that could determine control of the U.S. House.

High-Stakes Primary Clash Highlights Split in Wisconsin Democratic Race

High-Stakes Primary Clash Highlights Split in Wisconsin Democratic Race

Donald Trump's Endorsed Candidate Faces August Runoff in South Carolina Senate Race

Donald Trump's Endorsed Candidate Faces August Runoff in South Carolina Senate Race

ICE Plans $20 Million Purchase of Electric Shock Gloves for Law Enforcement

ICE Plans $20 Million Purchase of Electric Shock Gloves for Law Enforcement

Newly Released Phone Records Reveal Early Government Debates Over Vaccine Safety During Pregnancy

Newly Released Phone Records Reveal Early Government Debates Over Vaccine Safety During Pregnancy

latest news in global

U.S. Military Disables Commercial Ship in Key Middle East Trade Route

U.S. Military Disables Commercial Ship in Key Middle East Trade Route

Tehran, Tuesday, 11 August 2026.
On August 11, 2026, U.S. forces fired on a commercial vessel violating a Strait of Hormuz blockade, sharply escalating Middle East geopolitical risks and threatening global oil supply stability.

China Consumer Inflation Drops to Six-Month Low as Spending Weakens

China Consumer Inflation Drops to Six-Month Low as Spending Weakens

Türkiye Expands Tech Infrastructure Ahead of Major Global Artificial Intelligence Summit

Türkiye Expands Tech Infrastructure Ahead of Major Global Artificial Intelligence Summit

Hong Kong Investment Residency Scheme Undercuts Singapore Thresholds

Hong Kong Investment Residency Scheme Undercuts Singapore Thresholds

Severe European Heatwaves Threaten to Wipe Out 180 Billion Euros in Economic Growth

Severe European Heatwaves Threaten to Wipe Out 180 Billion Euros in Economic Growth

latest news in general

Maine Lifeguard Survives Rare Underwater Encounter With Great White Shark

Maine Lifeguard Survives Rare Underwater Encounter With Great White Shark

Scarborough, Wednesday, 12 August 2026.
A veteran lifeguard survived being dragged 1.8 meters underwater when a great white shark grabbed his flotation device, highlighting a dramatic surge in coastal shark sightings this August.

Powerball Jackpot Soars to $905 Million After Months Without a Winner

Powerball Jackpot Soars to $905 Million After Months Without a Winner

Boat Captain Arrested After Fatal New York Harbor Capsizing

Boat Captain Arrested After Fatal New York Harbor Capsizing

A New Wearable Ultrasound Device Accelerates Sleep Recovery Without Medication

A New Wearable Ultrasound Device Accelerates Sleep Recovery Without Medication

Brush Fire Near Burbank Forces Business Evacuations and Cancels Events

Brush Fire Near Burbank Forces Business Evacuations and Cancels Events