President Donald Trump called the Strait of Hormuz American territory and said the United States maintained a military blockade of Iranian shipping and ports. Speaking at a South Carolina rally, Trump said Iran wanted an agreement but was not ready to accept the right terms, according to Al Jazeera and the Guardian.
Apple cut more than 200 jobs across teams working on Vision Pro, Siri and software engineering, according to six outlets citing Bloomberg. The reductions include roughly 100 roles in each of the Vision Pro and Siri organisations as Apple scales back immersive gaming and content work while redirecting resources toward smart glasses and next-generation AI.
The Trump administration appointed former JPMorgan Chase executive Matt Zames as an unpaid adviser to the Social Security Administration, CNBC and MarketWatch reported. Zames will help administrator Frank Bisignano, a former JPMorgan colleague, with the agency's modernisation work while remaining outside a paid government role.
Arsenal began their Premier League title defence with a 3-0 home victory over newly promoted Coventry City. Kai Havertz, Bukayo Saka and Martin Odegaard scored at the Emirates Stadium. Reports from the BBC, Guardian, CBS and Sky described a comfortable opening performance by the champions against the league newcomers.
TikTok agreed to pay $400 million to settle US allegations that it violated children's online privacy laws and collected large amounts of data from millions of users under 13. The case arose from a 2024 Justice Department lawsuit against TikTok and ByteDance, according to Al Jazeera and BBC World.
China ordered Tesla and eight other automakers to address hard-to-find manual door releases in a recall affecting more than four million vehicles. Tesla's portion covers about three million cars and also includes driver-monitoring concerns. Regulators said many fixes can arrive over the air, alongside warning labels and camera updates, according to five outlets.
The Financial Times examined risks across Mark Walter's private-capital and insurance holdings as he moves to sell the Los Angeles Lakers. Investors had seen an opportunity to make insurance more profitable, but problems in Walter's wider empire are raising questions about the liabilities and structures behind that strategy.
Wigan Warriors beat Wakefield Trinity 26-12 to move top of the Super League table and extend their winning run to a club-record 12 matches. Jai Field scored a length-of-the-field try as Wigan overcame a competitive Wakefield side at the Brick Community Stadium, according to the Guardian, BBC and Sky Sports.
Two Russian drone strikes hit a shopping centre in Kryvyi Rih, Ukraine, killing at least 15 people and wounding scores more, authorities said. President Volodymyr Zelenskyy accused Russia of deliberately targeting emergency workers through a double-tap attack, according to Al Jazeera and France 24. The strikes occurred on Friday.
Walmart will introduce Apple Pay, Google Pay and other tap-to-pay options at selected Walmart and Sam's Club locations from August 24 before expanding support to all US stores. The retailer had resisted the payment methods for more than a decade, relying on its own Walmart Pay system, according to six outlets.