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Shein prices Hong Kong IPO at up to $27 billion, well below 2022 peak

Shein filed to raise as much as HK$13.86 billion (about $1.77 billion) by selling roughly 280 million Class B shares priced between HK$47.60 and HK$49.50 apiece, implying a valuation near $27 billion at the top end. Pricing will be finalized August 31, with trading set to begin September 1, following Chinese regulatory approval after earlier listing attempts in London and New York fell through.

Anthropic's Claude AI hit by multi-model outage lasting over two hours

Claude users began reporting access problems and elevated errors starting around 12 AM ET on August 24, with issues confirmed across multiple models including Claude Mythos 5, Claude Fable 5, and Claude Opus 5. Anthropic acknowledged the outage on its status page, saying it has identified the cause and is working on a fix, though no resolution timeline has been given.

Valve turns 30, tracing roots to Gabe Newell and Mike Harrington's Microsoft exit

Valve LLC was formally registered on August 24, 1996, by two ex-Microsoft employees, Gabe Newell and Mike Harrington, who left secure jobs to bet on making games. They funded the venture with personal savings, a stock sale, borrowed money, and a deal with publisher Sierra On-Line that gave up 30% of revenue and their intellectual property. That gamble led to Half-Life in 1998 and eventually Steam, which began as a simple patch-delivery tool before becoming the dominant PC gaming storefront.

DR Congo's Ebola outbreak tops 5,200 cases, becomes country's fastest-spreading

One hundred days into the current Ebola outbreak, the Democratic Republic of the Congo has recorded over 5,200 cases, making it the country's fastest-growing epidemic on record. Cases are averaging about 90 confirmed infections daily, a pace higher than seen in the 2014-2016 West Africa outbreak or the 2018-2020 DRC outbreak, and the virus has now spread to a sixth province, with Ituri accounting for roughly 85% of cases and 79% of deaths.

Samsung internal tests claim Exynos 2700 beats Snapdragon 8 Elite Gen 6 Pro

A report from South Korean outlet SEDaily, citing industry sources, says Samsung's in-house benchmarking shows its upcoming Exynos 2700 chip outperforming Qualcomm's Snapdragon 8 Elite Gen 6 and Gen 6 Pro across several metrics, including Geekbench 6.5 scores, gaming performance, and AI response generation. The chip also reportedly uses roughly 12.7% less power than the Snapdragon 8 Elite Gen 6 Pro while delivering better low-power gaming results.

Researchers show open-source AI models can hide time-delayed backdoors triggered via OpenCode

A research team demonstrated that an open-source 2B parameter model, fine-tuned with a technique called LoRA on Qwen 3.5, can be trained to execute a malicious shell command only after a specific future date. Because OpenCode automatically injects the current date into its system prompt on every turn, the poisoned model uses that date as a hidden trigger, staying dormant until the set day arrives and then silently running arbitrary commands without user confirmation.

Dutch regulator fines Uber €825 million for automated driver suspensions under GDPR

The Dutch Data Protection Authority fined Uber roughly $966 million after finding that between 2018 and 2022 the company suspended European drivers using automated systems without meaningful human review, violating GDPR's Article 22 protections against purely automated decisions with significant consequences. The case stemmed from a 2020 complaint filed with France's CNIL by La Ligue des droits de l'Homme on behalf of over 170 drivers, and was handled by Dutch authorities since Uber's main EU base is in Amsterdam. Uber plans to appeal, arguing that fraud suspensions were brief, permanent deactivations always involved human review, and drivers had appeal options.

Leaked renders suggest Galaxy S27 Ultra adopts iPhone-style camera plateau

Tipster Sonny Dickson shared alleged Galaxy S27 Ultra renders showing a redesigned rear with a wide camera plateau reminiscent of Apple's iPhone 17 Pro, a departure from the current Galaxy S26 Ultra look. The images also show a pill-shaped cutout for a secondary camera and flash, plus a circular marking that hints at built-in magnets for Qi2 wireless charging and accessories. Dickson also suggested the S27 Ultra line could come in two sizes, possibly tied to earlier rumors of a compact Galaxy S27 Pro model.

Analysis pinpoints why LLM tools fail: models draft forms, humans just rubber-stamp them

A technical breakdown argues that failures in LLM-powered tools trace back to three root causes tied to how forms and prompts are filled: missing values, incorrect conditions, and misread intent. It explains that as language models increasingly draft the contents of forms themselves, human oversight has quietly shifted from checking correctness to simply approving whatever is presented, since a fabricated value looks identical to a verified one.

Leaked photo shows Sony Xperia 10 VIII ahead of August 25 launch

A leaked image obtained by Android Headlines gives an early look at Sony's upcoming Xperia 10 VIII, showing a design nearly identical to its predecessor with a flat back, horizontal dual-camera bar, and side-mounted power/fingerprint button. Early reports suggest the phone will retain the same Snapdragon 6 Gen 3 chip and 8GB of RAM as the Xperia 10 VII, with the device set to be officially unveiled on August 25.

EU 'right to repair' rules take effect, covering phones and appliances

New EU regulations now require manufacturers to repair certain household and electronic products, such as washing machines, vacuum cleaners, mobile phones and tablets, even after the standard warranty expires. The rules mandate reasonable pricing and timeframes for repairs, access to spare parts, and the creation of national repair directories like Ireland's RepairMyStuff.ie to help consumers find services.

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