Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, on Friday, Aug. 8, 2025.
Michael Nagle | Bloomberg | Getty Images
Stocks rose on Friday, led by the tech sector, as the major averages ended the week with solid gains.
The Nasdaq Composite jumped 0.98% for a record close of 21,450.02. The tech-heavy index hit a fresh all-time intraday high earlier in the day. The S&P 500 added 0.78% and ended at 6,389.45, a hair’s breadth shy of a record close. The Dow Jones Industrial Average climbed 206.97 points, or 0.47%, closing at 44,175.61.
The major averages posted a winning week, with the 30-stock Dow jumping about 1.4% and the broad market S&P 500 up 2.4% in the period. The Nasdaq posted a 3.9% climb on the week.
Apple lifted both the S&P 500’s tech sector and the Nasdaq. The iPhone maker surged 13% this week after announcing plans to spend about $600 billion over four years in the U.S. in a bid to appease President Donald Trump. The stock notched its best week since July 2020.
Apple shares over the past week
Apple’s latest surge kicked into high gear as Trump announced earlier this week that he would impose a 100% tariff on imported semiconductors and chips, with an exemption for companies that are “building in the United States.” Shares advanced another 4.2% Friday.
Trump’s trade policies
Investors not only appeared to interpret the semiconductor tariff as being less harsh than anticipated, they also seemed to look past Trump’s “reciprocal” tariffs, which took effect at midnight on Thursday. Some of the steepest duties include Syria’s 41% and Laos’ and Myanmar’s 40% rate.
Trump warned U.S. courts Friday against striking down his tariff policy, writing in a Truth Social post that if the courts were to do that, “It would be 1929 all over again, a GREAT DEPRESSION.” He also said that the duties have been having a “huge positive impact” on the market. Stocks nosedived in the wake of Trump’s sweeping tariff announcement back in April, with the S&P 500 falling into correction territory after seeing its biggest single-day loss since 2020.
“The market’s reaction to the April 2 announcement kind of shows how markets feel about tariffs,” Ross Mayfield, Baird investment strategist, said. “Investors are largely anticipating the administration not following through on hyper aggressive tariff plans, so it’s kind of like chicken-and-egg, and I think we’re still kind of in the later stages of figuring that out.”
“If markets anticipate that but don’t react because they’re waiting for the capitulation, the administration could possibly take it that the market is enforcing the policy rather than anticipating a change, so it is kind of a tricky dynamic,” he continued.
Leave it to Converse to reinterpret a footwear craze in the most wildly chunky way. Next up, the brand introduces the Converse All-Star Surgetrainer Mary Jane ST OX.
It is basically this mega-thick Converse Mary Jane sneaker, designed with this stacked rubber sole inspired classic trainers.
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Above the gargantuan soles, the Converse shoe is a classic Mary Jane, the All-Star way of course. There are double buckle straps, joined by Converse’s signature branding on the insoles (Converse released a single-strap version earlier this year).
Converse has delivered normal, flatter Mary Janes before, including a cutesy pair designed in collaboration with New York fashion label Telfar.
The brand has even dropped what we previously thought were its chunkiest Mary Janes yet. The brand has essentially outdone its own efforts with the latest Mary Jane stomper.
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The new All-Star Surgetrainer Mary Jane ST OX sneaker is scheduled to drop on Converse Japan’s website on August 15 in silver/black and black colorways. The price? Expect to pay ¥15,950 (around $108).
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Zhou added in his statement that Securam will be fixing the vulnerabilities Omo and Rowley found in future models of the ProLogic lock. “Customer security is our priority and we have begun the process of creating next-generation products to thwart these potential attacks,” he writes. “We expect to have new locks on the market by the end of the year.”
Photograph: Ronda Churchill
In a followup call, Securam director of sales Jeremy Brookes confirmed that Securam has no plan to fix the vulnerability in locks already in use on customers’ safes, but suggests safe owners who are concerned buy a new lock and replace the one on their safe. “We’re not going to be offering a firmware package that upgrades it,” Brookes says. “We’re going to offer them a new product.”
Brookes adds that he believes Omo and Rowley are “singling out” Securam with the intention of “discrediting” the company.
Omo responds that’s not at all their intent. “We’re trying to make the public aware of the vulnerabilities in one of the most popular safe locks on the market,” he says.
A Senator’s Warning
Beyond Liberty Safe, Securam ProLogic locks are used by a wide variety of safe manufacturers including Fort Knox, High Noble, FireKing, Tracker, ProSteel, Rhino Metals, Sun Welding, Corporate Safe Specialists, and pharmacy safe companies Cennox and NarcSafe, according to Omo and Rowley’s research. The locks can also be found on safes used by CVS for storing narcotics and by multiple US restaurant chains for storing cash.
Rowley and Omo aren’t the first to raise concerns about the security of Securam locks. In March of last year, US senator Ron Wyden wrote an open letter to Michael Casey, then director of the National Counterintelligence and Security Center, urging Casey to make clear to American businesses that safe locks made by Securam, which is owned by a Chinese parent company, have a manufacturer reset capability. That capability, Wyden wrote, could be used as a backdoor—a risk that had already led to Securam locks being prohibited for US government use like all other locks with a manufacturer reset, even as they’re widely used by private US companies.
In response to learning about Rowley and Omo’s research, Wyden wrote in a statement to WIRED that the researchers’ findings represent exactly the risk of a backdoor—whether in safes or in encryption software—that he’s tried to call attention to.
“Experts have warned for years that backdoors will be exploited by our adversaries, yet instead of acting on my warnings and those of security experts, the government has left the American public vulnerable,” Wyden writes. “This is exactly why Congress must reject calls for new backdoors in encryption technology and fight all efforts by other governments, such as the UK, to force US companies to weaken their encryption to facilitate government surveillance.”
ResetHeist
Rowley and Omo’s research began with that same concern, that a largely undisclosed unlocking method in safes might represent a broader security risk. They initially went searching for the mechanism behind the Liberty Safe backdoor that had caused a backlash against the company in 2023, and found a relatively straightforward answer: Liberty Safe keeps a reset code for every safe and, in some cases, makes it available to US law enforcement.
Liberty Safe has since written on its website that it now requires a subpoena, a court order, or other compulsory legal process to hand over that master code, and will also delete its copy of the code at a safe owner’s request.
Rowley and Omo planned to reveal the existence of Securam’s vulnerabilities more than a year ago, but held off until now due to the company’s legal threats.Photograph: Ronda Churchill
Rowley and Omo didn’t find any security flaw that would allow them to abuse that particular law-enforcement-friendly backdoor. When they started examining the Securam ProLogic lock, however, their research on the higher-end version of the two kinds of Securam lock used on Liberty Safe products revealed something more intriguing. The locks have a reset method documented in their manual, intended in theory for use by locksmiths helping safe owners who have forgotten their unlock code.
Enter a “recovery code” into the lock—set to “999999” by default—and it uses that value, another number stored in the lock called an encryption code, and a third, random variable to compute a code that’s displayed on the screen. An authorized locksmith can then read that code to a Securam representative over the phone, who then uses that value and a secret algorithm to compute a reset code the locksmith can enter into the keypad to set a new unlock combination.
Even as daylight began to fade on Tuesday evening across the vast Cincinnati Open tournament grounds and the other courts emptied, Emma Raducanu was not yet ready to end her workday. The start of competition in Mason, Ohio also marked her first day of training with her new coach Francisco Roig. She was determined to make the most of it.
Having already trained in the afternoon, Raducanu and Roig spent the evening working quietly through each shot in her game. Alongside ample technical conversations about her groundstrokes and second serve, there was also plenty of laughter as the pair began the task of learning more about each other and how their personalities match. Only a furious evening downpour forced them off the court.
While many of Raducanu’s numerous coaching changes have come during difficult moments in her career, this is rather a hopeful occasion. This tournament is something of a milestone for Raducanu, who has earned a seeding of No 30 in a reflection of the consistent training and match wins that have allowed her to rebuild her ranking over the past few months. Now No 27 in the WTA Race with few points to defend until the end of the year, she has a great opportunity to finish even higher and make an impression at the US Open later this month.
As she has built confidence in her game, Raducanu has performed well against mid-ranked players, but it is also clear the current iteration of her game has a ceiling. She has consistently looked underpowered against the biggest shotmakers and she is not quite quick enough to frustrate them with her defensive capabilities. After following up her semi-final run in Washington with two wins in Montreal, this was further reinforced by her 6-2, 6-1 defeat against the recent Wimbledon finalist Amanda Anisimova in the third round last week. The challenge for Raducanu and Roig over the coming months will be to see how she can use her abilities to test the best players in the world.
Her tournament will begin on Saturday afternoon with a tough match against Olga Danilovic of Serbia, who scuppered a potential all-British second-round match by defeating a struggling Katie Boulter 6-0, 7-5 on Thursday. Should Raducanu win, she could face the world No 1, Aryna Sabalenka, in the third round on Monday.
Emma Raducanu and her new coach Francisco Roig appear to have been practising well together but will have to establish their working relationship. Photograph: Frey/TPN/Getty Images
With so many top players opting out of the first weeks of the US hard-court swing, Cincinnati marks a significant moment in the buildup to the US Open as many of the main contenders attempt to build their form for the final grand slam tournament of the year. While Sabalenka is competing for the first time since a brief mid-season break, Jannik Sinner and Carlos Alcaraz will also return to competition for the first time since their Wimbledon final last month. After 18-year-old Victoria Mboko’s incredible triumph in Toronto on Thursday night, she and the beaten finalist, Naomi Osaka, have already withdrawn from Cincinnati.
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Elsewhere, Sonay Kartal struggled in her first match since her run to the Wimbledon fourth round last month, losing 5-7, 6-4, 6-3 to Caroline Garcia early on Friday. Although Garcia, a former world No 4 and the 2022 champion in Cincinnati, is a player with significant pedigree, this was a disappointing performance from Kartal, who struck just winners and 44 unforced errors against an opponent who is retiring from professional tennis in the coming months.
Blizzard Entertainment’s general manager for the Diablo franchise, Rod Fergusson, is leaving the company after five years, he announced Friday. Fergusson’s departure from Blizzard seems amicable, and raises questions about where he’ll wind up next, based on his reputation in game development.
“After five years of driving the Diablo franchise forward with four big launches, it’s time for me to step away from Blizzard/Microsoft, sword in hand, and see what’s next,” Fergusson wrote on social media. “The teams are set up for success, with an exciting slate of releases ahead. I’m incredibly proud of what we’ve built together and looking forward to what comes next for Diablo, and for me.”
Under Fergusson, Blizzard launched Diablo 2 Resurrected, Diablo Immortal, Diablo 4, and the D4 expansion Vessel of Hatred. Fergusson joined Blizzard in 2020, after leaving The Coalition, where he helped lead the team behind Gears 5.
Fergusson has earned a reputation in game development as a “closer,” someone who could get troubled projects completed. That certainly seemed to be the case with Diablo 4, which had been in development for close to a decade in various incarnations; Fergusson helped get it across the finish line in 2023. Prior to his role at Blizzard overseeing the Diablo franchise, Fergusson worked on the original Gears of War (described as “on fire” before he stepped in) and its many sequels. He also helped get BioShock Infinite — a famously challenged project — out the door.
Polygon has reached out to Fergusson for further clarification on his departure.
That pedigree certainly makes one wonder what challenge Fergusson might tackle next. There is no shortage of games publicly experiencing crises or interminable delays. Bungie’s Marathon, Studio Wildcard’s Ark 2, Cloud Chamber Games’ new BioShock, and Ghost Story Games’ Judas immediately spring to mind, but those are just guesses. Fergusson may no longer adhere to the “always be closing” mantra. But fans of troubled in-development games should cross their fingers that he might have a hand in bringing their next highly anticipated game to completion.
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There’s no doubt that China makes some of the best drones around — and HOVERAir is quickly proving itself the next disruptor of this fast-evolving industry.
In 2023, the company successfully crowdfunded the HOVERAir X1 on Indiegogo. The self-flying drone received widespread praise for making drone photography more accessible to the public via an easy user interface. An ability to easily program the drone to follow the photographer boosted its appeal.
The company is clearly not interested in slowing down, as it just released perhaps its most cutting-edge design yet: a waterproof drone made for adventures on the water. With the HOVERAir Aqua, the company aims to make a drone that’s usable on the water by surfers, paddlers, and other outdoor adventurers who don’t want to worry about destroying a costly piece of equipment.
With the ability to capture 4K video at 100 fps, the company advises photographers to “prepare for better water angles than you’ve ever seen before.”
With a weight just under 250 g, there’s no FAA registration required for recreational users in the U.S., so you can grab it and go.
HOVERAir Aqua: Details
Given that this new drone was released just this week, GearJunkie hasn’t had a chance to test the new tech. But the design is immediately appealing.
It sports a bright orange design reminiscent of a traffic cone (or perhaps an ocean buoy) that should be easy to spot amid rolling waves. It also seems to be part of how the drone stays afloat on waves. HOVERAir claims to have added over a dozen features to improve the drone’s hardiness against water.
In a Zoom meeting with the press this week, company leaders were asked about the HOVERAir Aqua’s ability to handle the abuse from crashing waves. One of the designers avoided advising users to take the Aqua into such conditions.
However, he added that the drone had been thoroughly tested against abuse, and still continued to perform after repeated pummeling by waves and dunks into the water.
It has a top speed of about 34 mph and wind resistance up to 33 knots. As for image quality, the Aqua has a 1/1.3-inch CMOS sensor and a custom lens designed for use in water, according to the brand.
Like the HOVERAir before it, the Aqua offers users advanced capabilities for autonomous flight. It’s programmed to keep users in the camera frame without manual controls, and can frame shots while following the user’s movements.
Judging by videos released this week, operating the drone involves a waterproof armband with buttons for operating the Aqua.
(Photo/HOVERAir)
HOVERAir Aqua: Pricing & Availability
The company behind the HOVERAir Aqua clearly knows it has a potential winner in the making. That’s likely why it has released the above details about the new product — but without setting a launch date or price just yet.
The brand’s flagship model so far, the X1, sells for $300 on Amazon. Given the Aqua’s larger list of features, it’s likely it will cost more than its predecessor. We’ll definitely keep an eye on this one, but you can also sign up for updates on the brand’s website.
Gaining access to iOS 26 on your iPhone is getting closer, but the release is still over a month away, coming this fall. But you can start testing the new features now by downloading and installing Apple’s public beta, which CEO Tim Cook recently said is (along with the other current beta operating systems) “by far the most popular developer betas we’ve had,” 9to5Mac reports. You can also take a look at our preview of the iOS 26 public beta release, which shows off the fresh home and lock screen redesign. Called Liquid Glass, the new translucent look will extend across all of Apple’s upcoming operating systems. The overhaul is one of several big changes coming to iOS, macOS, iPadOS and the rest of Apple’s software suite, all of which were showcased during the company’s WWDC keynote on June 9.
After overpromising on AI plans last year, Apple kept its iOS roadmap focused more on basic quality of life improvements this year. There are multiple useful additions coming to the Phone and Messages apps on your iPhone, for instance: Apple execs outlined the ability to weed out spam texts or other unknown senders and an option to hold your spot on a phone call when you’ve been waiting for a representative to pick up. Plus, a treasured feature that we took for granted is coming back (hint: it’s in the Photos app).
Siri, meanwhile, is in a holding pattern. Apple has previously specified that its smarter voice assistant — first promised at WWDC 2024 — is delayed until some point “in the coming year,” so you shouldn’t expect any major changes in the current betas. But there are reports that Apple is aiming to give Siri a bigger brain transplant by basing it on third-party artificial intelligence models like OpenAI’s ChatGPT or Anthropic’s Claude, which could make 2026 a pivotal year. The company is also reportedly working on a ‘stripped-down’ AI chatbot to rival ChatGPT.
With each beta, it seems like additional new improvements are popping up, like this FaceTime feature that’ll freeze your video if it detects nudity. Now that iOS 26 developer beta 5 is available, we’re seeing more added features, like a new bouncy animation on the passcode screen and in the Control Center, MacRumors reports. Some or all of those changes will likely soon migrate into the separate public beta (see below). Most newer iPhone models are eligible to download iOS 26 (both the betas and final version). Want to see the full list of new features coming this fall? Read on.
What is iOS 26?
The current iPhone operating system is iOS 18, and Apple is still actively updating it — version 18.6 was just recently released. But don’t expect to see iOS 19. Instead, Apple is skipping the numbering ahead to iOS 26 later this year. The company has decided to line up its iOS version numbers with a year-based system, similar to car model years. So while iOS and its sibling operating systems will be released in late 2025, they’re all designated “26” to reflect the year ahead. (Meanwhile, iOS 18 is still getting new versions this summer, too.)
It’s official, we’re moving to iOS 26. (Apple)
What is Liquid Glass design?
Let’s be honest. Out of everything announced at WWDC this year, the new Liquid Glass design was the star of the show. The iPhone’s home and lock screens have looked pretty much the same year after year — the last exciting thing (in my opinion) was the option to add your own aesthetic to your home screen by customizing your apps and widgets. So seeing the home and lock screens’ new facelift is refreshing.
So what exactly is Liquid Glass? Apple calls it a “new translucent material” since, well, the apps and widgets are clear. However, the screen can still adapt to dark and light modes, depending on surroundings. You’ll also notice buttons with a new floating design in several apps, like Phone and Maps. They’re designed to be less distracting than the current buttons, but are still easy to see. While the design overhaul has proven to be controversial since its announcement, some — including Engadget’s own Devindra Hardawar — like the new direction, even if it’s somewhat reminiscent of Microsoft’s translucent Windows Vista Aero designs from nearly twenty years ago.
That said, as of the release of the iOS 26 beta 2, Apple has already incorporated some user feedback into the design, dialing back the transparency in at least some places. And while it will continue to evolve, Apple users won’t be able to escape it: Liquid Glass was designed to make all of Apple’s OSes more cohesive. Here’s a look at how the translucent aesthetic will look with the new macOS Tahoe 26 on your desktop.
What are the new and notable features of iOS 26?
iOS 26 has a laundry list of new features. Among the most worthwhile:
Phone app redesign: You’ll finally be able to scroll through contacts, recent calls and voicemail messages all on one screen. It also comes with a new feature called Hold Assist that’ll notify you when an agent comes to the phone so you can avoid the elevator music and continue on with other tasks.
Live Translation in Phone, FaceTime and Messages: iOS 26 is bringing the ability to have a conversation via phone call or text message with someone who speaks another language. Live Translation will translate your conversation in real time, which results in some stop-and-go interactions in the examples Apple shared during its presentation.
Polls in group chats: Tired of sorting through what seems like hundreds of messages in your group chat? You and your friends will soon be able to create polls in group messages for deciding things like which brunch spot you’re eating at or whose car you’re taking on a road trip.
Filtering unknown senders in Messages: If you haven’t received spam texts about unpaid tolls or other citations, you’re lucky. For those of us who have, those annoying messages will soon be filtered away in a separate folder.
Visual Intelligence: Similar to a reverse Google image search, this new feature will allow you to search for anything that’s on your iPhone screen. For instance, if you spot a pair of shoes someone is wearing in an Instagram photo, you can screenshot it and use Visual Intelligence to find those shoes (or similar ones) online.
Photos tabs are back: For anyone who’s still frustrated with the Photos changes made last year, you’ll be happy to know that your tabs are coming back. Library and Collections will have their own separate spaces so you don’t have to scroll to infinity to find what you’re looking for.
FaceTime “Communication Safety” feature: A newer addition to iOS 26 appears to be the FaceTime “Communication Safety” feature that pauses communications if and when nudity is detected. The feature appears to be a child safety feature that uses on-device detection, thus obviating any cloud-based privacy issues.
New lock screen options: The iPhone lock screen gets more customizable in iOS 26, with a cooler clock, 3D wallpaper effects, more widgets and better focus mode options.
Apple’s Hold Assist will be nifty for those pesky services that put you on hold for 10 or more minutes. (Apple)
New changes coming to iPadOS 26
Your iPad isn’t getting left behind when it comes to big updates. Here’s what’s coming this fall.
Multitasking and real windowing: When you download the newest update, you’ll be able to have multiple apps running on your screen at the same time. Once you open an app, it’ll appear on your screen as normal but you’ll be able to resize and move it across your screen to make room for other apps. This feature is optional so you can turn it off if you don’t like it.
Visual update: Along with the other new OSes, iPadOS 26 is coming with the Liquid Glass aesthetic. This new look will appear on the lock and home screens, as well as the drop-down menus.
New menu bar: When you swipe down on your screen, the new menu bar will appear with options like File, Edit, Windows and more. There’s also a search option if you’re looking for something specific.
Checkout our first impressions of iPadOS 26.
What about AirPods?
AirPods are also getting updated with iOS 26. Here are some of the more notable functions.
Enhanced audio recording: Apple calls this “studio-quality” audio recording, and with it, you’ll notice more clarity while in noisy environments.
Camera remote control: Using this, you can take a photo or start and stop video recording with just one press on your AirPods. When taking photos, you’ll get a three-second countdown before your iPhone or iPad snaps the picture.
Which iPhones will be able to upgrade to iOS 26?
A few iPhone models that run the current version of iOS — iPhone XR, XS and XS Max — won’t be compatible with the latest upgrade. But any iPhones released in 2019 or later will be eligible for the iOS 26 update.
iPhone SE (second generation or later)
Not listed here are the presumed new iPhone 17 models (or maybe iPhone 26?) that are all but certain to be announced and released in September.
How to install iOS 26 beta
The iOS 26 public beta is now available to download via the Apple Beta Software Program. If you’re not already a member, you’ll need to sign up to try out all the latest features. Just visit beta.apple.com and sign up with your phone number or email address. It’s free.
Once you’re in, you can install it by going to Settings > General > Software Update and selecting iOS 26 public beta.
A word of caution: Don’t sign up with your main iPhone unless you’re OK with any risks that occur with using an OS that isn’t finalized.
When will the final version of iOS 26 be released?
iOS 26 will be released to the public this fall. It usually comes in September, within a week of the Apple iPhone event. Last year, it rolled out to iPhone users on September 16 — exactly one week after the iPhone 16 lineup was announced.
If you’re more interested in the Apple Intelligence features coming, here’s everything Apple revealed for iOS, macOS and more during WWDC. Also, check out how iOS 26 screenshots could be an intriguing preview of Apple’s delayed Siri rework.
Update, August 8: Added new features coming with iPadOS 26 and AirPods.
Update, August 6: Noted the release of iOS 26 beta 5 and the new bouncy feature on passcode screen and Control Center.
Update, August 4: Noted that Apple is reportedly working on a ChatGPT rival.
Update, August 1: Added quote from Tim Cook about iOS 26.
Update, July 31: Noted that iOS 18.6 is now available.
Update, July 24: Noted the iOS 26 public beta is now available.
Update, July 3: Noted new FaceTime feature found in the developer beta.
Update, June 30: Noted ongoing iOS 18 releases, and reports that Apple is considering additional external LLMs for Siri.
Update, June 25: Noted changes added in iOS 26 beta 2.
Sami Sheen, daughter of actors Denise Richards and Charlie Sheen, recently shared a troubling experience on TikTok, claiming she narrowly avoided a possible sex trafficking attempt while out with friends.
In the video, posted earlier this week, the 21-year-old model and influencer said the incident occurred late Monday night after she and her friends left a restaurant around midnight. While taking photos in the parking lot, Sheen said a man approached them asking for money. Despite telling him she didn’t have cash, she claimed the man became increasingly insistent, even suggesting payment through apps like Zelle or Venmo.
Shortly after that encounter, Sheen said a second man appeared, triggering an intense sense of fear. “The second I saw this man, I had the worst feeling in my stomach,” she recalled, adding that he began asking if she spoke Spanish and saying other things she couldn’t understand.
As the man reached into his back pocket, Sheen said she pulled out her pepper spray, prompting him to instead pull out a card. At that moment, she and her friend ran to their car and locked the doors.
Once safely inside the vehicle, Sheen said they reviewed photos taken earlier and noticed the first man had been watching them the entire time. She included an image of him in her TikTok and used the moment to urge her followers to stay alert and trust their instincts.
“I’m usually very aware of my surroundings, and I did not notice this man,” she said. “Even if it was harmless, it’s better to be safe than sorry.”
The incident comes amid a turbulent time for Sheen’s mother, Denise Richards, who is currently involved in a high-profile divorce and legal dispute with estranged husband Aaron Phypers.
