Box

• An 18-member Indian boxing squad, headlined by World No. 1 Minakshi Hooda, will compete in the World Boxing Cup 2026 in Guiyang, China, from June 15 to 21. • The tournament features 333 boxers from 44 different federations, with reigning champion Minakshi moving up to test herself in the 51kg weight class. • This event is critical as it provides essential ranking points that will determine qualification for the season-ending World Boxing Cup Finals.

• Meta is separating from the Chinese AI startup Manus, terminating all internal access and data sharing following a divestiture order from Beijing based on national security grounds. • Manus co-founders are currently seeking approximately $1 billion from external investors to buy back the startup from Meta. • This strategic move aims to establish a Chinese joint venture and pave the way for a future public listing in Hong Kong, following a trend of AI IPOs from firms like MiniMax and Zhipu.

• Steven Spielberg is preparing to release "Disclosure Day," a new summer blockbuster intended to challenge the current dominance of franchise-driven cinema. • The film serves as a test to see if modern audiences will still support original, non-franchise spectacles in a market saturated by sequels and cinematic universes. • Spielberg's history with hits like "Jurassic Park" and "E.T." previously revolutionized Hollywood by proving that blockbusters could drive massive merchandise sales alongside ticket revenue.

• French startup Mistral AI is negotiating a $3.5 billion funding round, which would increase its valuation to $23 billion. • This valuation represents nearly double the company's previous market value as it scales its operations. • The move is critical for Europe's goal of developing homegrown AI alternatives to compete with dominant US rivals.

• The European Central Bank (ECB) has raised interest rates by 0.25%, marking the first increase in three years. • President Christine Lagarde defended the decision, citing inflation pressures driven by the ongoing conflict in the Middle East. • The move comes amid warnings of stagflation in the Eurozone, with critics arguing that higher rates could hinder critical investments in clean energy.

• Kane Parsons' horror film *Backrooms* has officially become the first A24 production to surpass $200 million at the global box office. • As of June 9, 2026, the film has overtaken *Marty Supreme* in total earnings, marking a significant commercial milestone for the studio. • This achievement highlights a growing trend of indie-led horror hits achieving mainstream blockbuster success.

• Scary Movie 6 has achieved a franchise-record opening weekend, collecting $56 million at the box office. • The film's strong debut highlights a significant commercial success for the horror-comedy series as of June 7, 2026. • This performance underscores the continued global demand for the franchise within the $2.83 trillion entertainment industry.