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Telstra’s CEO told a Senate inquiry that a neglected software update on a time-keeping server caused last week’s nationwide network outage affecting 45% of calls and data sessions.
Kalshi, a prediction market platform, has surged during the World Cup with $40 billion in sports wagers, though sportsbooks and regulators question its claim to be a financial product rather than an unlicensed betting site.
The U.S. Mint is producing a commemorative $1 coin featuring President Trump’s image for the nation’s 250th birthday, but legal experts argue the design likely violates federal law prohibiting living individuals’ likenesses on currency.
China signals the United States may restore Hong Kong’s preferential trading privileges after Washington confirmed it will not renew an executive order revoking the city’s special status.
South East Water expanded hosepipe restrictions to 2.4 million people across southern England following record-breaking temperatures and unusually dry conditions this summer.