Memory shortages force electronics manufacturers to secure long-term contracts
Memory shortages are intensifying, prompting suppliers to enter into long-term contracts to manage rising costs and extended lead times across various devices.
Saturday, August 29, 2026
News in Brief
Short updates, all on one page — read straight down like a newspaper.
States to Attempt Injunction Against Warner Bros. Merger Again
A court failed to block the merger between Paramount+ and Warner Bros. Discovery on Thursday, but a coalition of states will attempt to halt the deal again on Friday.
Matt Damon stars as Odysseus in Christopher Nolan’s ‘The Odyssey’
Christopher Nolan's adaptation of Homer's Greek epic 'The Odyssey' will be released in theaters on July 17, with Matt Damon playing the role of King Odysseus.
Netflix Q2 Earnings Match Expectations, Q3 Outlook Fails to Impress
Netflix reported second-quarter 2026 earnings in line with expectations but issued weaker-than-expected guidance for the third quarter, leading to a drop in its stock price.
Imax 70mm Screens Not Widely Available for ‘The Odyssey’
Christopher Nolan's 'The Odyssey' is the first film shot entirely on Imax film cameras, but not all theaters have 70mm screens.
Variety Podcast Discusses Summer Box Office Rebound
In today’s episode of the 'Daily Variety' podcast, Brent Lang, executive editor overseeing all film coverage at Variety, discusses the summer box office rebound and what Hollywood and exhibitors must do to sustain it.
Paramount Rejects States’ Antitrust Lawsuit Against Warner Bros. Merger
Paramount Skydance has dismissed an antitrust lawsuit filed by a dozen states against its $111 billion merger with Warner Bros., calling it 'one of the weakest merger challenges in modern antitrust history.'
'One of the weakest merger challenges in modern antitrust history.'
Paramount Skydance lawyers
FIFA World Cup trophy to arrive in Louis Vuitton trunk
The FIFA World Cup replica trophy will be transported to the New York-New Jersey stadium in a bespoke Louis Vuitton trunk, as announced by Reuters on July 16, 2026.
UFC McGregor-Holloway Fight Hits 6.5 Million Viewers
The July 11 UFC main card featuring Conor McGregor and Max Holloway averaged 6.5 million viewers across the U.S. and Latin America on Paramount+. The broadcast peaked with 8 million concurrent streams.
Government assures sufficient fuel supply in Pakistan
The government has denied reports of a fuel shortage, stating that Pakistan has sufficient stock and will ensure uninterrupted supplies nationwide.
Pakistan remains EU’s largest GSP+ beneficiary
European Commission reports Pakistan secured €732m through tariff concessions, accounting for 28% of the country's total benefits.
Boeing and PIA to Acquire 16 Aircraft
Interior Minister Mohsin Naqvi met with Boeing Global President Brendan Nelson on July 16, 2026, to discuss the acquisition of 16 aircraft for Pakistan International Airlines (PIA).
CM Maryam announces free e-bikes for 100,000 students
Punjab Chief Minister Maryam Nawaz Sharif has announced the launch of a programme to provide 100,000 free electric bikes to students.
Vox Media Studios Partners with 20th Television
Vox Media Studios has signed a multi-year first-look deal with 20th Television to produce scripted and unscripted TV series based on long-form reporting from Vox Media properties.
Paigham e Aman Committee Coordinator Visits Jamia Rashid
Coordinator of the National Paigham e Aman Committee, Hafiz Muhammad Tahir Ashrafi, along with others, visited Jamia Rashid.
Prime Minister Reviews Austerity Measures
Prime Minister Muhammad Shehbaz Sharif chaired a meeting to review austerity measures in response to the evolving economic situation.
Beehiiv Launches New Tools to Connect Creators and Subscribers
Beehiiv has introduced new community tools aimed at fostering stronger connections between creators and their subscribers, according to Variety.
We have 50,000 plus subscribers that we have amassed in about a half a year
David Begnaud, Creator of Do Good Crew
PM warns of economic impact from Middle East tensions
Prime Minister Shehbaz Sharif has warned that renewed regional tensions could impact Pakistan's economy following a week-long escalation, including Iranian attacks on ships.
escalating tensions…could impact Pakistan's economy
PM Shehbaz Sharif, Prime Minister of Pakistan
NTC launches sovereign AI infrastructure
National Telecommunication Corporation (NTC) has launched GPUaaS and MaaS services, providing high-performance graphics processing unit and model as a service across secure state-managed data centers.
NCMC confirms sufficient petroleum stocks to meet current demand
The National Coordination and Management Council (NCMC) has stated that adequate petroleum product stocks are available in Pakistan to satisfy the existing demand.
Netflix Casts New Stars for Comedy Series ‘I Suck at Girls’
Anna Konkle and Taegen Burns will star in Netflix’s new comedy series 'I Suck at Girls', alongside previously announced cast members Kayo Martin, Jeremy Ray Taylor, Tory Kittles, Brianna Reed, J.J. Nolan and Paul Scheer.
Netflix Launches Minigolf Game with Pop Culture Hits
Netflix has launched a new minigolf video game called 'Netflix Minigolf' featuring levels inspired by popular shows like 'Stranger Things,' 'Squid Game,' and 'Bridgerton.' The game, developed by Netflix-owned Next Games, is available for download on July 28.
UK threatens visa restrictions over Pakistan’s stance on rapist deportation
Britain has hinted at imposing visa restrictions on Pakistan in response to Islamabad's rejection of responsibility for the proposed deportation of Shabir Ahmed, the convicted ringleader of a gang that committed sexual assaults in Rochdale.
US to Tighten Visa Duration for Foreign Students, Journalists
The Trump administration announced plans on Thursday to change visa regulations, reducing the duration of visas for foreign students and journalists.
Argentina to face France in World Cup final
Argentina will defend its title against France in the World Cup final on July 19, with Lionel Messi leading Argentina past England in the semi-final.
Pakistan meets with Boeing for PIA aircraft deal
Interior Minister Mohsin Naqvi met with Boeing Global President Brendan Nelson to discuss acquiring new aircraft for Pakistan International Airlines.
Hal Williams, iconic actor from Sanford and Son, passes away at 91
Actor Hal Williams, best known for his roles in Sanford & Son and 227, has died at the age of 91. His representative confirmed his passing on July 15th at his home in California.
Iran threatens regional destruction in response to US strikes
Iran has vowed to destroy infrastructure across the region if the United States targets its sites, according to reports. Tehran has also instructed the Houthis to prepare for potential action that could close the Bab el-Mandeb Strait.
British hackers jailed for London transport cyberattack
Two British hackers have been sentenced for a 2024 cyberattack on London's public transport system, which cost £29 million.
US Defence Secretary mandates testosterone screening for troops
US Defence Secretary Pete Hegseth announced mandatory annual testosterone screening for troops aged 30 and above on July 15, 2026.