Business · Important news for 16 August 2026

Sundar Pichai Raises Alphabet's Capex Guidance to $205 Billion

Yahoo Finance

Alphabet CEO Sundar Pichai raised the company's capex guidance to $205 billion as Google Cloud's backlog reached $514 billion.

Alphabet's capex guidance raised to $205 billion
Google Cloud backlog reached $514 billion

Wall Street Strategists See Payoff From Big Tech AI Spending

Yahoo Finance

Meta Faces Major Social Media Addiction Trial

BBC · Yahoo Finance

Geoffrey Hinton warns of mass unemployment from AI replacement

Fortune

Centcom Chief Visits USS Lincoln Amid Operational Intensity

Fortune · The Hill

Analysis attributes flat oil prices to falling global demand

MarketWatch

Water Companies in England and Wales Consider Surge Pricing During Drought

The Guardian

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