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Aug. 31 — Insiders say the lawsuit by Dreame Technology against Xiaohongshu was withdrawn earlier and no court hearing will take place. Media on Aug. 30 had reported Dreame Technology (Suzhou) Co. Ltd sued Hangyin Information Technology (Shanghai) Co

2026-08-31

Aug. 31 — Insiders say the lawsuit by Dreame Technology against Xiaohongshu was withdrawn earlier and no court hearing will take place. Media on Aug. 30 had reported Dreame Technology (Suzhou) Co. Ltd sued Hangyin Information Technology (Shanghai) Co. Ltd — Xiaohongshu’s domestic core operator — in a reputation-rights dispute, with a hearing listed for Sep. 8 at the Huangpu District People’s Court in Shanghai.

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2026-08-30

Israel's foreign ministry said Iran's Islamic Revolutionary Guard Corps (IRGC) has for years diverted national wealth and resources to terrorism and to provoking war, while ordinary Iranians face long queues and gasoline shortages.

Israel's foreign ministry said Iran's Islamic Revolutionary Guard Corps (IRGC) has for years diverted national wealth and resources to terrorism and to provoking war, while ordinary Iranians face long queues and gasoline shortages.
2026-08-30

Fortune, citing Altrata, reports 3,795 billionaires in 2025, a record. Aggregate billionaire wealth rose 12.8% YoY to $15.1 trillion, about one-quarter of the S&P 500’s market capitalization. Twenty-nine individuals hold more than $50 billion, includ

Fortune, citing Altrata, reports 3,795 billionaires in 2025, a record. Aggregate billionaire wealth rose 12.8% YoY to $15.1 trillion, about one-quarter of the S&P 500’s market capitalization. Twenty-nine individuals hold more than $50 billion, including Larry Page, Elon Musk and Jeff Bezos. Altrata identifies AI investment as the primary driver of wealth gains, with many tech fortunes swelling as companies expand AI businesses. 201 billionaires own sports teams or franchises; philanthropy remains a common channel for wealth deployment.
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