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Tuesday, 11 August 2026 Daily Edition

The Daily Edition

Tuesday, 11 August 2026

400 stories across 8 sections

The Takeaway

Vingroup's satellite unit, VinSpace, has signed a contract with SpaceX for upcoming satellite missions, with the satellites set to embark on a SpaceX Transporter rideshare mission. Meanwhile, Amazon founder Jeff Bezos is part of a consortium reportedly close to acquiring a stake in English Premier League club Liverpool, valuing the club at approximately £4 billion.

In South Korea, the top 10 exporters saw a significant surge in their share of the country's total outbound shipments in the second quarter, attributed to the booming technology sector, particularly semiconductors.

In other news, the Japanese yen steadied after a US-Japan intervention aimed at boosting the currency, while the Australian dollar reached an eight-week high. Australia's central bank, the Reserve Bank of Australia, kept interest rates unchanged at 4.35% for a second consecutive meeting. On the tech front, OCBC bank has launched platinum and palladium trading on its app for retail investors, with a minimum investment of 0.01 ounce of each metal.

The Korean National Police Agency and US authorities have also issued a joint advisory warning against Gunra ransomware attacks, urging companies to bolster their security measures.

Written by urgent.news from the day's reporting.

AI

AI

Meta pushes global AI vision amid race with OpenAI, Anthropic and China

SAN FRANCISCO, Aug 11 — Meta boss Mark Zuckerberg laid out a vision for how the United States and the social media...

·malaymail.com·7 outlets

Meta CEO Mark Zuckerberg outlined a vision for the United States to lead the global AI race against competition from China and other tech giants such as OpenAI and Anthropic. In a lengthy essay published on AI's future, Zuckerberg called for the US to focus on open weight models, allowing users to access the rules governing AI behavior without exposing all underlying code.

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Wall Street giants hand Nvidia $500bn to fund boom in AI projects

Nvidia has teamed up with some of Wall Street’s largest banks and investors to raise $500bn (£370bn) in capital for artificial intelligence infrastructure. The chipmaker said it had struck deals with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR, and that the investors were for the first time treating AI hardware and…

·kahawatungu.com·3 outlets

Tech

Tech

When OpenAI employees have a problem, they email this special address to see if Sam Altman will solve it immediately

From office parking issues to technical roadblocks, the friction@openai.com inbox is a way for senior leadership to get direct visibility into on-the-ground issues and eliminate 'big company bulls**t'

·fortune.com·3 outlets

When OpenAI employees encounter internal issues, they can swiftly address them by sending an email to a special address. This system, known as "friction," immediately bypasses much of the bureaucracy within the company, often with the direct involvement of CEO Sam Altman or President Greg Brockman. The process begins with an email sent to friction@openai.com, detailing the problem, which could be anything from a malfunctioning technical system to office-related frustrations such as a lack of IT vending machines.

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Mega deals push SEA tech funding to 12-month high in July 2026

Southeast Asia’s technology funding market had one of its strongest months in recent memory in July 2026, as startups in the region raised US$4.779 billion across 17 rounds, according to data from Tracxn. The headline figure marks a 25.53 per cent increase from June 2026 and a sharp 180.9 per cent rise from July 2025.

·e27.co·2 outlets

Business

Business

UPDATED: NCAA begs aviation unions to suspend strike

The NCAA appeals to aviation unions to suspend their ongoing strike, disrupting flights and impacting passengers. Find out more about the aviation strike. Read More: https://punchng.com/updated-ncaa-begs-aviation-unions-to-suspend-strike/

·punchng.com·4 outlets

The Nigeria Civil Aviation Authority (NCAA) has urged aviation unions to suspend their ongoing strike, as the disruption continues to impact flight operations and inconvenience passengers. The appeal came after the unions failed to attend an industrial action meeting called by the Minister of Aviation and Aerospace Development, Festus Keyamo.

The NCAA, led by Director-General Chris Najomo, acknowledged the impact of the strike on passengers and other stakeholders, urging unions to "sheathe their swords and exercise restraint" while awaiting Keyamo's return. The Ministry of Aviation had convened a meeting to address the grievances, but the airline operators did not participate.

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Finance & Markets

Finance & Markets

Trump’s Iran strategy depends on economic pain. The pain is mounting

Deepening poverty, rising household debt, rampant inflation, hidden unemployment. The indicators for Iran’s economy signal a deepening crisis on multiple fronts – and at least one official news outlet is not shy about reporting it. On Sunday, US President Donald Trump made clear that inflicting economic pain on Iran is part of Washington’s strategy. “We … The post Trump’s Iran strategy depends on…

·egyptindependent.com·13 outlets

Iran's economic crisis is deepening, with rising poverty, household debt, inflation, and unemployment, according to official reports. US President Donald Trump has indicated that economic pressure on Iran is part of the US strategy, stating that the country is "watching Iran with its huge inflation and the fact they have no money."

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World

World

Syria sentences Bashar al-Assad to death in absentia over atrocities

The ruling is the first of its kind under Syria’s transitional leaders, who pledged accountability for crimes committed under Bashar al-Assad.

·freemalaysiatoday.com·12 outlets

DAMASCUS: In a historic ruling, a Syrian court on Tuesday sentenced former President Bashar al-Assad to death in absentia, convicting him of atrocities committed during the country's 14-year civil war. This marks the first such verdict under Syria's transitional leaders who ousted Assad in December 2024, pledging justice and accountability for crimes committed under his rule.

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North Korea quietly hikes phone prices at the border

North Korea has quietly raised the prices of two mobile phone models sold in four border provinces, adding 500 Chinese yuan (about $74) to each. The change only recently came to light, even though people in the region have been grappling with the higher prices for weeks. Phone prices were already out of reach for […]

·dailynk.com·10 outlets

Science

Science

Colombia searches for its missing after a powerful earthquake kills more than 100

BOGOTA, Colombia (AP) — Search and rescue efforts were underway early Tuesday in dozens of cities and towns in western Colombia after a powerful earthquake struck the region, killing at least 111 people and leaving many trapped under the debris of…

·apnews.com·6 outlets

A powerful 7.4 magnitude earthquake struck western Colombia on Monday, Aug. 10, 2026, killing at least 111 people and causing extensive damage across multiple cities and towns. The quake impacted Cali, Quibdo, Pereira, and numerous other locations. Around 1,600 buildings were reported as either damaged or collapsed in the aftermath of the disaster.

Rescue efforts were in full swing, with soldiers, rescue personnel, and families combing through the rubble to recover survivors and pass along large pieces of concrete to waiting volunteers. President Abelardo de la Espriella confirmed that at least 111 people had lost their lives due to the earthquake.

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Health & Medicine

Health & Medicine

This Ebola outbreak has claimed over 2,000 lives. Here’s why it is so hard to contain

·winnipegfreepress.com·11 outlets

Over 2,000 individuals have succumbed to the world's fastest-growing Ebola outbreak, which is proving difficult to contain due to a rare virus with no approved treatment or vaccine. Congo's health authorities have reported 4,381 confirmed cases and 2,011 deaths, a death toll that has risen almost three times faster than the 2014-16 outbreak.

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Trump pushes overhaul of US childhood vaccine policy

In an executive order, President Trump calls for fewer recommended childhood vaccinations and more spacing between shots. Medical experts warn the changes lack scientific backing and could leave children less protected.

·dw.com·3 outlets

Culture

Culture

Magnitude 7.4 quake rocks western Colombia, killing at least 111 people

CALI, Colombia (AP) — A powerful 7.4 magnitude earthquake struck western Colombia on Monday, killing at least 111 people, damaging hundreds of buildings and leaving many trapped under debris while their loved ones and rescue workers searched through rubble. Search teams and civilians picked through the remains of destroyed buildings in the country’s third-largest city, […] The post Magnitude 7.4…

·khaosodenglish.com·11 outlets

A major 7.4 magnitude earthquake struck western Colombia on Monday, claiming at least 111 lives and causing extensive damage across multiple cities. The epicenter was in San Jose del Palmar, a small community in the Choco region, approximately 250 miles west of the capital, Bogotá. Colombian President Abelardo de la Espriella declared an emergency to mobilize resources for the relief effort.

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Retrospective tax penalties are ‘unlawful’: Supreme Court

• Says sanctions under ITO 2001 cannot apply to assessments governed by repealed law • Settles conflict between two previous rulings ISLAMABAD: The Supreme Court on Monday ruled that penalties imposed under the Income Tax Ordinance (ITO) 2001 for assessments completed before June 30, 2002 were illegal and legally unsustainable…

·dawn.com·5 outlets

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