The European Commission has imposed a €890 million fine on Google for systematically favoring its own applications in the Play Store, marking the first major enforcement action under the Digital Markets Act.
US President Trump announces retaliatory strikes on Iranian infrastructure in response to threats against international shipping in the Strait of Hormuz, marking a dangerous escalation in US-Iran tensions.
A US federal judge has issued a temporary injunction halting the merger between Paramount Pictures and Warner Bros. Discovery, citing incomplete antitrust review. The ruling creates major uncertainty for Hollywood’s studio landscape.
The US expands military strikes on Iran, triggering chain retaliation across the Gulf. Three US troops killed and dozens wounded in repeated attacks on Jordan base. Iran retaliates in Syria and Jordan, two ships explode in Strait of Hormuz, oil prices surge past $90 a barrel.
The Bank of Korea (BOK) announced it will launch live CBDC transactions with nine commercial banks in September, marking a major milestone in the country’s digital currency development.
Brazil’s securities regulator (CVM) has established a task force with a 60-day deadline to submit a tokenization regulatory framework proposal for the country’s central bank digital currency.
Andy Burnham, dubbed the ‘King of the North,’ has been sworn in as the UK’s seventh prime minister in ten years, pledging to restore stability and create a ’new political model.’
The European Union has imposed a record €550 million fine on Chinese tech giant Alibaba under the Digital Services Act, citing systemic failures to prevent illegal products from being sold on its platforms.
Yemen’s Houthi movement has announced a naval blockade against Saudi Arabia, threatening to disrupt one of the world’s most critical shipping lanes and further escalate regional tensions.
Heavy rainfall strikes the US Northeast, causing severe urban flooding in New York and New Jersey. Subway stations flooded and streets turned into rivers.