The Short Version
Apple released iOS 26.5 and iPadOS 26.5 release candidates to developers on May 4, 2026, adding Maps Suggested Places, RCS encryption, and EU features for third-party wearables.
Apple Watch was quietly sending unencrypted SMS texts instead of iMessages on dual-SIM iPhones, and most users had no idea. That is not a minor bug. Workout audio alerts also failed silently when the phone was out of range, which is a real problem for runners. The watchOS 26.5 fixes are the actual headline here, not the new Pride watch face.