Daily News

• Peter Koenig and Prof Michel Chossudovsky released a video on August 23, 2026, titled "The War Economy To the Detriment of Humanity." • The presentation argues that rising global defense spending is causing financial instability and the collapse of welfare states. • The authors claim that corrupt politicians are prioritizing military expenditures over societal programs, negatively impacting the world's 8 billion residents.

• In an article dated August 21, 2026, Prof Michel Chossudovsky and Felicity Arbuthnot report that medical experts have declared Donald Trump "mentally unfit" and are calling for his urgent removal from office. • The report alleges that the White House is contemplating nuclear war under a strategy described as "Make Nuclear Weapons Great Again." • Key details include claims that Pentagon specialists are discussing the deployment of nuclear weapons under the leadership of Peter Hegseth.

• Red Balloon Aerospace is working to develop near-space infrastructure within India to expand the country's aerospace capabilities. • Atomberg has filed draft IPO papers for a fresh issue valued at Rs 450 crore, signaling a major scaling phase for the company. • These developments highlight significant growth and investment trends across India's deep-tech and consumer electronics startup sectors.

• Peeko raised $7 million in funding, while Tross secured an undisclosed pre-seed round led by All In Capital and DeVC to expand its US healthcare EHR and payer integrations. • In legal developments, Hindustan Unilever (HUL) has moved to court against Beco, and Starlink has reapplied for necessary approval from IN-SPACe to operate. • These events highlight a mix of aggressive growth in the health-tech sector and intensifying regulatory and legal battles among major corporate players in India.

• KPIT Technologies and Vietnam-based Vietsol have signed a memorandum of understanding to collaborate on advanced mobility software and engineering services. • The partnership targets Southeast Asian markets, specifically Vietnam, Malaysia, Thailand, Indonesia, and the Philippines, to accelerate product development and engineering efficiency. • KPIT will provide three decades of software expertise and OEM relationships, while Vietsol contributes regional presence and engineering talent.

• Ezolv, an AI-native lending technology platform founded by Karan Mehta and Sonali Jindal, has raised $12.5 million in a Series A funding round. • The investment was led by Norwest, with additional participation from Vertex Ventures Southeast Asia and India and 3one4 Capital. • The funds will be used to scale Ezolv's AI-led lending platform, while other highlighted initiatives include ProgShakti's efforts to bridge the credit gap for women entrepreneurs.

• Scientists achieved a quantum breakthrough on May 5, 2026, by successfully connecting a "time crystal"—a form of matter that oscillates indefinitely without energy input—to a real-world device. • A separate study published on May 4, 2026, discovered that manipulating magnetic fields over time can create entirely new forms of matter that are otherwise impossible under normal conditions. • These developments are significant because they move theoretical quantum physics toward practical applications in hardware and systems.