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Meta Hit With Record $25 Billion Penalty In New Mexico Facebook Privacy Case As Tech Giant Vows To Fight Back

A New Mexico judge ordered Meta to pay $25 billion after a jury found more than 43 million consumer protection violations involving Facebook privacy claims. Meta will appeal.

Sydney AFSL Firm Probed Over Alleged Links To Scammers Amid Fears Of $138 Million In Losses
ASIC is investigating a Sydney-based financial services firm over alleged links to overseas investment operators accused of using its Australian licence to target investors and contribute to reported losses of $138 million.
National Australia Bank Announces 2,500 Job Cuts In Workforce Simplification Push
National Australia Bank plans to eliminate up to 2,500 domestic roles by mid-2027, reduce consultant reliance and redirect savings towards technology and operational efficiency.
Cleanaway Shares Soar 20% After EQT Signs Binding Takeover Deal For Australia's Biggest Waste Management Firm
Cleanaway shares rose 20.24% after EQT Infrastructure signed a binding agreement to acquire Australia's largest waste management company for about $6.7 billion, subject to approvals.
Challenger Shares Jump 19% To Eight-Year High After Japan's Dai-ichi Life Unit Makes $11.80 Takeover Offer
Challenger shares jumped nearly 20% after TAL Dai-ichi Life Australia proposed acquiring the annuities provider for about A$7.9 billion, subject to conditions and approvals.

Smartgroup Shares Jump 5% Among ASX Gainers As Novated Leasing Specialist Extends Strong 49% Annual Rally

Smartgroup shares climbed 5.4% to A$12.25, extending a strong annual rally despite a weaker ASX 200, as investors assess leasing growth and policy risks.

Rays Vs. Brewers World Series: 10 Things To Watch As Two Title-Starved Small-Market Teams Chase History

The Milwaukee Brewers and Tampa Bay Rays will meet in the World Series, guaranteeing a first-time champion as both franchises pursue their first title.

Economy in Focus

Ingenia Communities Shares Jump Nearly 10% As Land Lease Operator Rebounds From Year-Long Slump On The ASX
Ingenia Communities shares climbed nearly 10% to A$4.65 on Tuesday amid unusually heavy trading, despite no immediately identifiable new announcement and a 17% decline over the past year.
Austal Shares Surge 7.6% As Defence Shipbuilder Extends Rally Amid Bidding Interest In Its US Business
Cochlear Shares Climb 5.4% As Hearing Implant Giant Attempts Comeback After Brutal 2026 Earnings Shock

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(VIDEO) SpaceX Pre-Dawn Launch Lights Up Sky With Glowing 'Space Jellyfish' As Cargo Dragon Heads To Space
A SpaceX Falcon 9 launch to resupply the International Space Station created a glowing, jellyfish-shaped plume visible across Florida and parts of the southeastern United States.
BMW M2 XDrive Review: First All-Wheel-Drive M2 Hits 60 MPH In 3.6 Seconds, But Purists May Miss Something
BMW's 2027 M2 xDrive brings all-wheel drive to the compact sports coupe for the first time, improving acceleration and wet-weather confidence while adding weight and reducing rear-drive playfulness.

Motorola Razr Flex Wide-Fold Phone Appears On Geekbench With Snapdragon 8 Gen 5 And 12GB RAM

A Geekbench listing reportedly reveals Motorola's Razr Flex prototype with a Snapdragon 8 Gen 5 chip, 12GB of RAM and Android 17 ahead of its unconfirmed 2026 launch.

World

Powerball Winning Numbers For Oct. 19, 2026: Did Anyone Win The $607 Million Jackpot? Check Your Ticket Now

Powerball's winning numbers for the estimated $607 million Monday jackpot are 8, 31, 32, 42, 48 and 23, with officials yet to confirm a jackpot winner.