Kushner and Iger have reportedly agreed to purchase the Los Angeles Lakers franchise. This massive deal involves the acquisition of the team from its current ownership in Los Angeles. The reported price tag for this record-breaking transfer is $12.5 billion. This move signals a major shift in the NBA ownership landscape and market power. Further details regarding the final closing dates are expected soon.
Lenovo has leaked details about the new IdeaPad Vibe, positioning it as a colorful competitor to the MacBook Neo. This new laptop series reportedly offers an ARM CPU option for increased efficiency. The device is expected to feature vibrant designs and a modern build quality. It aims to capture the market segment looking for a stylish alternative to Apple's offerings. More official specifications and launch dates are anticipated soon.
india The Supreme Court directed a CBI investigation into a custodial death case in Chhattisgarh, citing a cover-up attempt by state officials. The case involves Shravan Suryavanshi, who was arrested on January 18, 2024, and died in custody on January 22, 2024. The court found state authorities were being deliberately dilatory and lacked confidence in their probe. Consequently, the state government must pay Rs 25 lakh as interim compensation to the deceased's family. The CBI must ensure immediate registration of a regular case and expedite the investigation.
Oracle has sent out another unexpected message to its employees regarding company operations. This memo was directed towards all staff members across the organization. Specific details about the changes were communicated on October 26, 2023. The message reportedly touched upon internal restructuring plans and future workforce strategy. Employees are expected to review the document carefully and attend subsequent departmental briefings.
business White House press secretary Karoline Leavitt, the youngest to hold the position, will be leaving at the end of the month. She currently serves under U.S. President Donald Trump at the White House. Leavitt, 28, recently returned after her second child was born in May, and she has been a visible advocate for Trump’s 'Make America Great Again' movement. She announced her departure to focus more time on her two young children and family. Going forward, she will transition to an outside advisor role within the Republican Party.
entertainment PS Plus is stacking up major game titles for subscribers throughout August 2026. This month features Helldivers 2, Kingdom Come: Deliverance 2, and Hell Is Us across different tiers. Helldivers 2 is available starting Wednesday, while Kingdom Come: Deliverance 2 and Vampire Survivors drop on August 18. Other big additions include Hell Is Us on August 25, along with Metro Exodus and Two Point Museum. These games add huge variety to the subscription library as publishers push releases before GTA 6. 🎮
business New draft RBI rules aim to standardize interest rate setting across banks, NBFCs, and cooperatives. Lenders must now maintain the spread between the benchmark and loan rate for a minimum of three years. For floating-rate loans, the benchmark reset frequency for major lenders cannot exceed three months. Internal benchmarks like MCLR must follow a stricter, verifiable methodology. Smaller lenders, such as RCBs with deposits up to Rs 1,000 crore, will receive certain exemptions. 🏦
science Researchers found a new way black holes can create giant planets instead of just sucking things in. Wladimir Lyra's team at New Mexico State University discovered this 'AGN Channel' mechanism. The study, published in the June Astrophysical Journal, detailed how dust clumps in accretion disks around supermassive black holes. These protoplanets can grow massive enough to potentially ignite nuclear fusion, forming stars bottom-up. Future observations using NASA's Roman Space Telescope could help prove this theory. 🪐
science Louisiana successfully created 1,170 acres of new wetlands in the Barataria Basin through a major restoration effort. This project was executed by NOAA and partners in the Barataria Basin. Between 2022 and 2023, sediment was used to create 1,170 acres of habitat and 89 acres of water features. This restoration counters decades of land loss and damage from the 2010 Deepwater Horizon spill. Scientists are now monitoring the area as the marsh is expected to stabilize over the next two decades. 🦀
A US Army Apache helicopter crashed in Texas, resulting in two fatalities. The incident occurred in Texas, involving the US Army aircraft. Specific details regarding the date and exact time of the crash were not provided in the report. The crash is under investigation to determine the exact cause of the accident. Authorities are continuing to look into the circumstances surrounding the helicopter's descent.
Researchers have developed a novel polymer membrane design that significantly enhances the separation of high-purity hydrogen. This breakthrough was achieved by scientists at a leading materials research institute. The design showed promising results in laboratory tests conducted over the last quarter. This innovation is crucial for advancing clean energy technologies and hydrogen fuel cell applications. Further large-scale testing is planned to validate its industrial viability.
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