🍎 Apple revives blood oxygen feature | 🤖 China’s Robot Olympics kicks off | ☁️ Oracle-Google AI cloud deal

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Apple Brings Blood Oxygen Back—Sort Of

What Happened: Apple is restoring the blood oxygen monitoring feature on certain US Apple Watches after legal and regulatory hurdles, but there’s a twist: it’s coming back via a software update, not new hardware. The recalibrated feature reportedly tweaks how data displays, falling short of claiming precise health insights—think of it as “blood oxygen, but with plausible deniability.” Previous models lost the feature following a patent spat.

Why It Matters: With wearable tech facing scrutiny from both courts and regulators, Apple’s move is a masterclass in compliance jiu-jitsu. If wearables are going to play doctor, they’ll need to navigate red tape with more style than a hospital gown, and Apple’s workaround may become the blueprint..

China Hosts Robotic Olympics, Humanoids Take Center Stage

What Happened: Sixteen nations just sent their top humanoid robots to China’s “Robot Olympics,” where bots teamed up to play table tennis, football, and more. The event, hosted in Beijing, showcased rapid advances in AI and engineering. While some robots demonstrated surprisingly coordinated moves, others still resembled toddlers in a trampoline park.

Why It Matters: This isn’t just a sideshow—it’s a signal that global investment in robotics is accelerating. With countries deploying humanoids for everything from care work to manufacturing (and, apparently, ping pong), the boundaries of “man vs. machine” are getting blurry. Still, robots remain safely outmatched in synchronized swimming.

Oracle Sells Google’s Gemini Models as Cloud Rivals Buddy Up

What Happened: Oracle and Google Cloud just inked a deal: Oracle will sell access to Google’s Gemini AI models through its own cloud platform. This lets Oracle customers tap Gemini’s capabilities for everything from code generation to data analysis—without jumping clouds. Previously, Oracle played its AI cards close to its chest, but the partnership signals an end to those walled gardens.

Why It Matters: With enterprise budgets tighter than a fitbit wristband, cloud vendors are being forced to collab in ways they once mocked at open-source conferences. Expect more “frenemies” as demand for top-tier generative AI strains even heavyweights’ homegrown muscles. The new motto: If you can’t beat their models, lease ‘em.

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Tech earnings season just wrapped up, and Wall Street’s feeling politely optimistic—like someone who brought a plus-one to the wedding of AI and cloud. Apple’s regulatory win nudged Big Tech shares up, while Google and Oracle’s AI partnership has analysts whispering about margin wars (in the good way).

FAANG names are up, but not frothy: most funds are bracing for a slower, more sustainable rally. VCs are still writing checks for anything prefixed with “AI,” yet caution flags remain over startup burn rates. On the infrastructure front, the Arm–Nvidia semiconductor courtship remains “complicated,” and cloud spending is leveling as enterprises demand more for less. Surprise player? Robotics.

With China’s Robot Olympics grabbing the spotlight, robot-adjacent stocks and ETF flows are spiking. All eyes now turn to next week’s Jackson Hole summit, where central bankers will try not to sound like malfunctioning chatbots.

Citigroup Eyes Stablecoins as Institutional Crypto Heats Up

What Happened: Citigroup is exploring how to offer custody and payment services for stablecoins and crypto ETFs, signaling growing institutional appetite. The banking giant hasn’t made a formal move yet, but internal teams are laying groundwork and consulting US regulators—unlike your cousin’s “crypto project,” this is real.

Why It Matters: Major banks warming up to stablecoins could open compliance-friendly floodgates for both trading volumes and everyday adoption. Wall Street’s crypto entry is starting to feel less like a sideshow and more like a future main event, provided regulators don’t bench them at halftime.

$1.6M Lost to Crypto Wallet Address Poisoning Scams

What Happened: Crypto users lost over $1.6 million this week to address poisoning scams, which involve scammers sending small transfers from fake addresses that look like legitimate ones. These deceptive transactions “poison” victims' transaction histories, tricking them into copying the scammers' addresses by mistake and sending funds to the wrong wallets. One victim alone lost 140 ETH (around $636,500), while others lost amounts ranging from $62,000 to $880,000. Alongside this, over $600,000 was lost due to victims signing malicious crypto transaction authorizations.

 Why It Matters: As these scams increasingly exploit human error rather than blockchain vulnerabilities, users must be extremely vigilant, verifying full wallet addresses and using address books or whitelists. The rising losses highlight the urgent need for stronger awareness, improved wallet security features, and better crypto transaction hygiene across the ecosystem.

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