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The Daily Edition

Monday, 3 August 2026

400 stories across 8 sections

The Takeaway

4 outlets reported on the launch of The New York Times' game Pips, which offers a unique twist on the classic dominoes format. Meanwhile, in the world of finance, the Australian Dollar experienced a slump near a four-month low on Monday, with losses surpassing 0.50% as a result of coordinated intervention from Japan and the United States to bolster the Japanese Yen.

Japan's finance ministry confirmed a joint yen-buying operation with the U.S. Treasury, marking a rare coordinated effort by the two allies to stabilize the Japanese currency.

In other news, the Indian rupee rose 31 paise to 95.12 against the US dollar in early trade, attributed to a drop in global crude oil prices and a weaker US dollar. On the tech front, Alibaba's AI model Qwen3.8-Max was made widely accessible ahead of its open-weights release, while a potential US ban on Chinese AI models could cost American businesses US$12b a year, according to a report.

These developments are separate from the joint intervention by the US and Japan to prop up the yen, which was confirmed by Japan's finance ministry and the US Treasury.

Written by urgent.news from the day's reporting.

AI

The White House is fixated on China copying U.S. AI. Experts say that’s the wrong threat

AI

The White House is fixated on China copying U.S. AI. Experts say that’s the wrong threat

Ask most people about the biggest concern in AI right now, and they’ll likely point to models from OpenAI and Anthropic breaking out of the boundaries of their tests and trying to access systems they shouldn’t. Following the brouhaha over an unreleased OpenAI model breaching the defenses of the AI model-hosting platform Hugging Face, Anthropic revealed on July 31 that two of its models had hacked…

The White House appears preoccupied with Chinese entities replicating U.S. artificial intelligence models, but experts argue this focus is misplaced. Recent statements from the White House suggest the agency believes Chinese companies developed sophisticated methods to distill U.S. AI models, including Anthropic’s Fable, to create their own models.

However, the White House has not provided any evidence to support these claims, and the Office of Science and Technology Policy (OSTP) has not responded to inquiries about this assertion.

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More on the OpenAI Agent’s Attack on Hugging Face

Hugging Face has published a detailed timeline of the attack. From the summary: The agent was running an internal OpenAI cyber-capability evaluation based on the ExploitGym benchmark, which tasks an AI agent with finding and exploiting software vulnerabilities.

The US might lose the AI race to China. Should Americans care?

The US might lose the AI race to China. Should Americans care?

Both Washington and Silicon Valley are in the midst of a collective freak-out over China’s recent advancements in artificial intelligence. The latest round of consternation was triggered this month when a little-known Chinese AI startup called Moonshot released a new large language model called Kimi K3.

Confidential Apple files followed former employees to OpenAI through iCloud

Confidential Apple files followed former employees to OpenAI through iCloud

Apple's lawsuit against OpenAI has brought new attention to reports that some former employees retained access to confidential files through their personal iCloud accounts after leaving the company. iCloud Drive in the Files app More than half a dozen former Apple employees told The Information that documents shared with them during their…

Tech

The Samsung Galaxy Buds4 Pro are nearly $90 off — and at a record low price

Tech

The Samsung Galaxy Buds4 Pro are nearly $90 off — and at a record low price

The Samsung Galaxy Buds4 Pro are $161.99 at Woot, putting them an impressive $88 below their list price.

Woot has slashed the price of the international Samsung Galaxy Buds4 Pro by an impressive 35%, bringing them down to $161.99. Typically priced at $249.99, this deal represents a savings of $88. While not unheard of for noise cancelling earbuds to drop significantly in price, it's quite uncommon to see such a discount outside of a major sale.

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Business

Chinese EVs are everywhere in Argentina despite Milei’s MAGA ties

Business

Chinese EVs are everywhere in Argentina despite Milei’s MAGA ties

Brightly lit BYD dealerships are popping up nationwide as part of a broader wave of new showrooms emblazoned with names like BAIC, MG and Chery. Leer más

Chinese electric vehicle (EV) manufacturers, particularly BYD, are rapidly gaining market share in Argentina despite President Javier Milei's previously stated anti-China stance. This surge in EV sales is part of Milei's economic strategy to combat inflation, which involves opening up Argentina's protectionist economy and allowing a tariff-free import quota of 50,000 EVs annually.

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"People are pissed": House Democrats mull whether to push Max Miller expulsion

"People are pissed": House Democrats mull whether to push Max Miller expulsion

House Democrats are privately mulling whether to force a vote to expel Rep. Max Miller (R-Ohio) from Congress over domestic abuse allegations, which he denies. Why it matters: While it is rare for a House member to be forcibly ousted, the mere threat of expulsion has been enough to precipitate multiple resignations this year.

The new map of growth: Where Southeast Asia fits in a fragmented world

The new map of growth: Where Southeast Asia fits in a fragmented world

The operating system of the global economy is changing. For three decades, companies assumed capital, technology, energy and goods could move across borders with manageable friction. That assumption is weakening. Market access increasingly depends on export controls, sanctions, data rules, industrial policy and political alignment.

Finance & Markets

Oil tumbles as Trump cancels attack on Iran to reach deal aimed at reopening Hormuz

Finance & Markets

Oil tumbles as Trump cancels attack on Iran to reach deal aimed at reopening Hormuz

Oil prices tumbled more than $4 a barrel on Monday after US President Donald Trump held off on a fresh attack on Iran, seeking to reach a quick deal that would reopen the Strait of Hormuz. Brent crude futures slid $4.49, or 5.11 per cent, to $83.44 by 0408 GMT while US West Texas Intermediate crude was at $79.77 a barrel, down $4.90, or 5.79pc. Both contracts jumped more than 20pc last month…

On Monday, oil prices fell sharply following US President Donald Trump's decision to abandon plans for a military strike against Iran. The aim was to secure a deal that would reopen the strategically vital Strait of Hormuz, a critical trade route. The price of Brent crude futures dropped by $4.49, or 5.11 percent, to $83.44, while US West Texas Intermediate crude fell by $4.90, or 5.79 percent, to $79.77 a barrel.

Both contracts had surged more than 20 percent last month due to renewed fighting between the US and Iran, as well as attacks on several tankers around Oman, which raised security concerns and deterred shippers from using the Gulf to transport oil.

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World

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World

Myanmar’s detained former leader Aung San Suu Kyi has rare meeting with International Red Cross

BANGKOK (AP) — Myanmar’s detained former leader Aung San Suu Kyi met with the International Committee of…

Myanmar’s former leader Aung San Suu Kyi, currently detained, met with the International Committee of the Red Cross (ICRC) representative in the country’s capital city on Monday, according to the military-backed government. This represents a rare opportunity for the Nobel laureate, who has been largely out of the public eye since the military took control in 2021.

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Israel revels in Spain's migrant crisis while embarrassing ally Morocco

Israel revels in Spain's migrant crisis while embarrassing ally Morocco Submitted by Elis Gjevori on Sun, 08/02/2026 - 16:19 Israel and the US exploited the deaths of Moroccan migrants to punish Spain for its stance on Gaza and Iran A woman sits by a barbed-wire fence as relatives await the return of people from Spain's North African…

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Iran denies talks with US as Trump halts strikes at the last minute

Iran denies talks with US as Trump halts strikes at the last minute Submitted by Alex MacDonald on Mon, 08/03/2026 - 10:55 Iranian officials say their only current talks are with Oman over reopening the Strait of Hormuz Iranians walk past an anti-US billboard at Enghelab Square in Tehran on 3 August (AFP/Atta Kenare) Off Iran has denied…

Science

A SpaceX rocket will crash into the moon this week. Why is it on a collision course?

Science

A SpaceX rocket will crash into the moon this week. Why is it on a collision course?

The upper stage of a SpaceX Falcon 9 rocket will slam into the moon early Wednesday morning (Aug. 5). Here's what put it on this kamikaze course.

On Wednesday, August 5th at 2:35 a.m. EDT, the upper stage of a SpaceX Falcon 9 rocket will collide with the moon, forming a 89-foot-wide crater. This event follows more than 18 months of the rocket drifting lazily above Earth before finally being propelled towards the lunar surface. The Falcon 9, which launched in January 2025 carrying private lunar landers, usually incinerates its upper stage during reentry, but the stage's fuel was depleted during the lunar mission, leaving the 8,800-pound rocket body adrift in a moon-crossing orbit.

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Health & Medicine

Congo’s Ebola outbreak is second-largest on record, latest data shows

Health & Medicine

Congo’s Ebola outbreak is second-largest on record, latest data shows

Democratic Republic of Congo's fast-spreading Ebola outbreak is now the world's second-largest on record, government data showed on Friday, as transmission continues to outpace efforts to contain the epidemic.

The Democratic Republic of Congo is grappling with a rapidly spreading Ebola outbreak, now the world's second-largest on record, according to government data released on Friday. The outbreak has claimed 1,556 lives and infected 3,532 individuals. U.N. World Food Programme's acting head Carl Skau described the epidemic as the fastest-spreading Ebola outbreak ever witnessed, urging the world to pay greater attention to the crisis.

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Medicaid's work requirement crunch arrives

Medicaid's work requirement crunch arrives

Massive changes to Medicaid eligibility are entering a new phase as states begin implementing new work rules and patients face the first real risk of losing coverage. The big picture: The crunch period has started for states to get the word out and set up systems for many Medicaid enrollees to report at least 80 hours a month of work…

NHS radiographers report rise in overt racist abuse by patients

NHS radiographers report rise in overt racist abuse by patients

Survey reveals medics were called ‘monkeys’ and ‘dirty foreigners’, and patients refused to be seen by black or Asian staff NHS radiographers are experiencing racist abuse by patients, who have called them “monkeys” and refused to be seen by black and Asian staff, according to a report.

Culture

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Culture

Mauricio Pochettino stays as US coach, agrees to 4-year contract extension through 2030 World Cup

Mauricio Pochettino is staying with the U.S. soccer team, agreeing Monday to a four-year contract to coach the Americans through the 2030 World Cup. A 54-year-old who…

Mauricio Pochettino remains as the head coach of the United States soccer team, having recently agreed to a four-year contract extension. The deal secures his position through the 2030 World Cup. At 54 years old, Pochettino took charge in October 2024 and guided the U.S. to the World Cup round of 16, where they were defeated by Belgium 4-1.

Despite this setback, Pochettino's leadership helped the American squad achieve two firsts in the tournament: advancing from the group stage with a game to spare and securing three wins in a row. Fans were captivated by the team's enthusiasm, leading to record-breaking stadium attendance and television viewership.

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