Elon Musk claims Apple is unfairly favoring OpenAI in its App Store, preventing other AI companies like xAI from reaching the top. He calls this an antitrust violation. Musk says xAI will sue Apple. He also questioned why Apple isn't featuring X or Grok in the 'Must Have' section, suggesting political motives. Apple and OpenAI haven't commented yet. Musk posted his accusations on X.

The State Investigation Agency (SIA) conducted raids in central Kashmir on Tuesday. These raids are part of an investigation into the murder of Sarla Bhat, a Kashmiri Pandit woman, 35 years ago. Bhat disappeared in April 1990 and was later found dead in Srinagar. The raids targeted individuals formerly associated with the banned Jammu and Kashmir Liberation Front (JKLF), including ex-leader Peer Noorul Haq Shah. Further details are awaited.

Cristiano Ronaldo and Georgina Rodríguez are engaged after a nine-year romance. Georgina announced it on Instagram with a photo of her ring and a heartfelt message. Their love story began in a Gucci store in 2016. They now have a family of five children. The couple balances Ronaldo’s football career with family life. Fans are speculating about wedding plans for football's power couple. The engagement confirms their strong bond despite fame and scrutiny.

Someone in Rohtas, Bihar, tried to get a residence certificate for a cat named 'Cat Kumar,' with parents listed as 'Catty Boss' and 'Catiya Devi.' This happened after similar pranks involving dogs and even a tractor. Officials rejected the application and are trying to find the person responsible, viewing it as a waste of time and misuse of technology. This is the fifth such incident after a recent announcement about electoral rolls.

Yes Bank's Q1 net profit rose 59% to ₹801 crore. Loan growth was lower than peers, strategically focusing on profitable segments. The bank maintains its 10-12% loan growth target for FY26, driven by commercial banking and microenterprise (MIB), projecting 20% growth in MIB. A six-month extension for CEO Prashant Kumar allows new investors a say in succession. SBI may retain its 11% stake. Net interest margins (NIMs) will be impacted by passing on rate cuts.

Gold prices remain range-bound, influenced by US-China trade talks and inflation data. Spot gold closed at $3397 on August 8, facing pressure from a stronger dollar. US-Russia talks in Alaska and import duty clarity are also factors. Analysts suggest watching support levels at $3,310 (Rs 99,200) and $3,292 (Rs 98,700), with resistance at $3,375/$3,410. ETF holdings are high, but new gold exploration is muted. US CPI data will likely dictate short-term movements.

Indian pharmaceutical companies are gearing up to launch generic versions of semaglutide, a GLP-1 receptor agonist used for obesity management and Type-II diabetes. The patent is set to expire in March next year, and companies like Dr Reddy's Laboratories, Cipla, Sun Pharma, and Mankind Pharma are preparing for Day 1 launches. This will significantly reduce prices for Indian consumers, from the current Rs 17,000-Rs 26,000 per month.

NxtGen launched ‘M’, an open-source AI platform, as India's alternative to ChatGPT. Running on Indian infrastructure, ‘M’ translates instructions into actions like booking appointments or ordering food via voice or text. It uses models like Llama 4 and DeepSeek 671B on NxtGen's NVIDIA H200 infrastructure. Multilingual ‘M’ prioritizes action over conversation, aiming for data security and technological self-reliance. The beta version is available on Android and iOS.

Australia leads South Africa 1-0 in the three-match T20I series, with the second match in Darwin. Australia seeks to clinch the series after Tim David's 83 led them to victory. South Africa aims to level the series, boosted by Kwena Maphaka's 4/20. The first match saw Australia recover from early setbacks, while Ryan Rickelton shone for South Africa. Live streaming is available, and fantasy tips suggest Travis Head and Josh Hazlewood as key players.

Do Kwon, the crypto boss behind TerraUSD and Luna's $40 billion crash, might plead guilty to U.S. fraud charges. Court records show Judge Paul Engelmayer scheduled a hearing for Tuesday after being told Kwon may change his plea. Kwon, who previously pleaded not guilty to nine charges including fraud and money laundering, co-founded Terraform Labs. Neither Kwon's lawyers nor prosecutors have commented. The hearing is set for 1430 GMT in Manhattan.