Daily archive

Tech News for Monday, August 3, 2026

114 stories from 43 outlets. Times show when each story first broke, in UTC.

Top stories

Business 26

Kiuyan Wong and Julia Zhong · Bloomberg Technology

China vows to further expand Stock Connect cross-border trading link to Hong Kong

China Securities Regulatory Commission Chairman Wu Qing says China is working with Hong Kong authorities to expand the Stock Connect link by adding yuan-denominated stock counters and real estate investment trusts. The move aims to deepen financial market integration between mainland China and Hong Kong.

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Bloomberg Technology

Pimco president says AI-related financing is in early innings

Pimco President Christian Stracke said financing for digital infrastructure is only in the early stages, discussing risks in the lending market and opportunities in private credit. He spoke on Bloomberg Open Interest.

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Bloomberg Technology

Stagwell CEO Mark Penn argues AI won't replace agencies

Stagwell CEO Mark Penn joined Bloomberg Open Interest to explain how AI is helping the marketing challenger win clients, arguing AI won't replace agencies because managing thousands of enterprise campaigns still requires human oversight.

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Bloomberg Technology

Portal Innovations CEO discusses $200B US medical research plan

The Trump administration plans to allocate $200 billion annually toward medical research, emphasizing support for individual scientists and private facilities over universities. Portal Innovations CEO John Flavin discusses the future of US medical research under this plan.

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Katie Drummond · Wired2 sources

Hollywood fights AI in public while quietly building it into movies

Puck's Matthew Belloni reports that AI has quietly become part of everyday filmmaking. The battle now isn't whether Hollywood will use the technology—it's who controls what'll come next, as highlighted in a new article on the truth about AI in Hollywood.

Also covered by Slashdot

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AI 15

Richard Henderson · Bloomberg Technology3 sources

Zenity raises $125M to monitor and secure autonomous AI agents

AI security startup Zenity closed a $125M Series C round led by Norwest with participation from SoftBank to expand its platform for securing autonomous AI agents in production. National Australia Bank also announced plans to test agentic AI guardrails as the country's largest lenders move to deploy the technology more widely.

Also covered by The Next Web, SiliconANGLE

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Security 10

Gadgets 10

Vikhyaat Vivek · Digital Trends6 sources

Leaked document suggests Microsoft's disc-to-digital feature rolls out this month; next Xbox may be backward compatible with every past generation

A leaked document indicates Microsoft will launch a disc-to-digital conversion feature this month, allowing users to digitize physical game libraries. Reports also suggest the next Xbox could support backward compatibility across every generation, potentially consolidating Xbox history into one device.

Also covered by TechRadar, Digital Trends, Gizmodo, Polygon, Wccftech

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Startups 10

Big Tech 6

Jess Weatherbed · The Verge27 sources

OpenAI hits back at Apple lawsuit, publishing texts and calling it 'careless, aggressive and oddly personal'; Apple claims more ex-employees may have taken data

OpenAI responds to Apple's lawsuit over ex-employee data theft by publishing receipts and calling the legal action 'careless, aggressive and oddly personal.' Apple counters that more former employees may have accessed confidential files.

Also covered by TechCrunch, Ars Technica, Bloomberg Technology, AppleInsider, 9to5Mac

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Science 2

Everything else 30

Emma Roth · The Verge3 sources

Spider-Man and The Odyssey are splitting up IMAX screens after a record-breaking weekend

Spider-Man: Brand New Day is joining The Odyssey in IMAX theaters after both movies led the biggest weekend in box office history. On Monday, IMAX announced that Spider-Man: Brand New Day will be available in select digital IMAX locations across North America starting Thursday, August 6th. The news comes as The Odyssey's exclusive three-weekend run […]

Also covered by Polygon, IGN

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Grace Huckins · MIT Technology Review2 sources

Here’s why AI agents lie and cheat to reach their goals

MIT Technology Review Explains: Let our writers untangle the complex, messy world of technology to help you understand what’s coming next. You can read more from the series here. When two OpenAI models hacked into the website Hugging Face in July, they weren’t trying to make money or commit sabotage—they were just looking for answers…

Also covered by MIT Technology Review

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Cameron Faulkner · The Verge

Samsung’s 2TB 9100 Pro SSD is actually somewhat reasonably priced

Next to buying RAM, finding a fast, high-capacity NVMe SSD at a reasonable price has been a challenge during RAMageddon. I don’t want to say it’s getting easier, but one of Samsung’s latest SSDs is cheaper than it has sold for since February 2026. That’s something, right? Amazon has the heatsink-less version of the Samsung […]

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Sarah Perez · TechCrunch

Outernet turns your saved posts into real-world adventures

Founded by the creators of viral offline events like San Francisco’s citywide scavenger hunt Pursuit, Outernet's app helps users save places and events they discover online, then nudges them to actually go.

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Jess Weatherbed · The Verge

Europe’s AI labeling and transparency rules are now in effect

The European Union has ushered in some additional rules that aim to make it easier for people to identify chatbots and AI deepfakes online. The new transparency obligations under the bloc's landmark AI Act came into effect on August 2nd, requiring companies to disclose when people are interacting with AI models, and if content has […]

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