newsnation

President Donald Trump announced on Saturday an agreement has been "largely negotiated" with Iran and several allied nations, signaling a nearing end to the controversial 84-day war. The president wrote in a Truth Social post that following a "very good call" with leaders from Saudi Arabia, the United Arab Emirates, Qatar, Pakistan, Türkiye, Egypt, Jordan and Bahrain, the deal is nearing finalization. "An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries, as listed," Trump wrote in the post. "Separately, I had a call with Prime Minister Bibi Netanyahu, of Israel, which, likewise, went very well." He added final aspects and details of the deal are "currently being discussed and will be announced shortly." Trump also indicated a key provision of the deal involves opening the Strait of Hormuz. The breakthrough announcement fol...

Jack Jenkins / RNS : How Anthropic's ongoing discussions with the Vatican about ethics and AI led to Christopher Olah being invited to Pope Leo's unveiling of an encyclical on AI   —  (RNS) — Pope Leo XIV's new encyclical on AI is set to be released Monday (May 27), with Chris Olah, a co-founder of Anthropic, at his side.

Health and Human Services (HHS) Secretary Robert F. Kennedy Jr . announced the indictment of two Minnesota defendants charged in what officials called the "largest autism fraud bust in American history." The U.S. Department of Justice (DOJ) indicted 55-year-old Shamso Ahmed Hassan and 25-year-old Hanaan Mursal Yusuf, slapping them with numerous counts of fraud and related charges for their alleged $46.6 million scheme to defraud Minnesota Medicaid’s Early Intensive Developmental and Behavioral Intervention (EIDBI) Program. The indictment was part of a wider enforcement action taken by the DOJ's National Fraud Enforcement Division that swept up 15 alleged fraudsters in indictments for schemes that targeted over $90 million in taxpayer funds. "Today's arrests represent the largest autism fraud bust in American history. This was not a paperwork error. It was not a technical violation. This was organized theft that exploited the most vulnerable children in America, d...

Reuters : Sources: the ECB warned EU finance ministers that proposals to issue more euro stablecoins could reduce bank lending and make controlling interest rates harder   —  The European Central Bank warned European Union finance ministers on Friday that proposals to issue more euro stablecoins …

Jonathan Vanian / CNBC : Reddit stock fell 5%+ on Friday after Meta launched a standalone app for online forums, called Forum; Reddit's stock is now down almost 40% this year   —  Reddit shares fell about 6% on Friday on concern that a new app from Meta called Forum could create an alternative avenue for internet users …

Sen. Elizabeth Warren ’s vocal support for her controversial New England neighbor Graham Platner’s Democratic Senate campaign is raising eyebrows in light of his Nazi-linked tattoo and a slew of resurfaced remarks, including an admission of getting aroused by smelling biocide in Port-a-Johns. Most recently, Platner was lambasted for appearing to wish the Taliban had killed former Pennsylvania GOP lieutenant governor candidate Teddy Daniels after video of him under siege in Afghanistan surfaced: "Dumb mother---er didn’t deserve to live," Platner said in a resurfaced social media post about the Purple Heart recipient. "Poor marksmanship on the Taliban’s part…" On his podcast, Washington-area radio host Larry O’Connor presented a mashup of Warren shouting, " my kind of man ," with narration of Platner’s uncovered foibles. UNEARTHED POSTS SHOW DEM SENATE HOPEFUL PRAISING VULGAR GRAFFITI, MAKING CRUDE PORTA-POTTY ADMISSION "Hey Elizabeth Warren, Graham Pl...

Abner Li / 9to5Google : Google rolls out a Google Wallet redesign, including “dynamic quick access” for favourites, a “View more” floating action button, and more   —  At I/O 2026, Google Wallet quietly announced and completed its big Android redesign.  There are also new features for Google Pay …

President Donald Trump blasted the Supreme Court on Thursday as justices prepare to decide a major birthright citizenship case, predicting the court may rule against his effort to restrict automatic citizenship for some children born in the U.S. "It would be a disgrace if the Supreme Court of the United States allows that to happen. Remember what I said, 20 to 25% of the people coming into our country will come in through birthright citizenship," said Trump. "They'll become citizens through birthright citizenship, and it will cost us numbers that are, I don't even think they're doable."  The case centers on Trump’s January 2025 executive order seeking to limit automatic citizenship for some children born in the U.S., a move that has triggered a major constitutional fight.  Trump sat in on oral arguments in April as Chief Justice John Roberts and Justices Amy Coney Barrett and Ketanji Brown Jackson questioned whether the president’s executive order comp...

Alberto Nardelli / Bloomberg : Sources: the EU will propose temporarily lifting sanctions, imposed in April, on a major Chinese semiconductor supplier after automakers warned of shortages   —  The European Union will propose temporarily lifting sanctions on a major Chinese semiconductor supplier after automakers warned …

Kyt Dotson / SiliconANGLE : August Robotics, which makes autonomous robots for construction and industrial applications, raised $30M led by Big Pi Ventures   —  August Robotics Ltd., a robotics automation company for construction and industrial applications, today announced it raised $30 million in new funding led by Big Pi Ventures.

President Donald Trump split with immigration hawks by defending Chinese students in the U.S. while also softening on Chinese-owned farmland — creating friction inside MAGA and unexpected overlap with moderate Democrats. Fox News’ Sean Hannity asked Trump in a recent interview from Beijing about concerns surrounding Chinese nationals attending school in the U.S. and China-linked entities purchasing farmland, including in sensitive areas like near a North Dakota military base that raised eyebrows earlier this decade. Republicans have long warned that Chinese student visa programs could expose U.S. research and state secrets to the Chinese Communist Party, while GOP officials like Florida Gov. Ron DeSantis and Nebraska Sen. Deb Fischer have pushed for tougher restrictions on Chinese ownership of American farmland. "It’s not that I love it. You want to see farm prices drop; you want to see farmers lose a lot of money just take that out of the market. But they've had a lot of l...

President Donald Trump was the biggest winner of Tuesday’s wide slate of primary elections as the president celebrated a large swath of his preferred candidates winning GOP primaries or advancing to runoff elections.  In the most expensive primary in U.S. House history, a longtime thorn in Trump’s side, Rep. Thomas Massie, R-Ky., lost to former Navy SEAL Ed Gallrein in Kentucky’s 4th District. Gallrein defeated Massie soundly with nearly 55% of the vote to Massie’s 45.1%, according to The Associated Press. The defeat will mark the end to Massie’s congressional stint, a tenure which, toward its end, saw Massie increasingly opposing Trump and criticizing the president’s actions on trade deals, the Jeffrey Epstein files and the Iran war. In his concession speech, Massie highlighted the influx of support his opponent received from pro-Israel groups like the American Israeli Public Affairs Committee (AIPAC). "I would have come out sooner, but I had to call my opponent to concede and ...

The Guardian : Granta and the Commonwealth Foundation say they can't determine yet if AI was used to write a prize-winning short story after critics pointed to signs of AI use   —  Granta publisher says ‘perhaps we never will know’ true authorship of work that won Commonwealth prize

Lance Whitney / ZDNET : Google restructures its AI plans, introducing a $100/month AI Ultra plan for developers and cutting the top-tier Ultra subscription from $250 to $200/month   —  ZDNET's key takeaways  — Google has introduced a cheaper AI Ultra plan at $100 a month.  — The full Ultra Plan is now $50 cheaper at $200 a month.

Cristian Dina / The Next Web : Sigma, which sells a cloud-native analytics platform that sits on top of data warehouses, raised an $80M Series E led by Princeville Capital at a $3B valuation   —  The round was led by Princeville Capital, with new strategic investors Databricks Ventures, ServiceNow Ventures, and Workday Ventures also participating.

Jack Kubinec / Fortune : Ciridae, which is developing AI to streamline back-office operations for real-economy businesses, raised a $20M seed led by Accel, with a16z participating   —  AI is swiftly rewiring the way people work, but an outsize amount of this workplace revolution has so far been confined to Fortune 500-style companies.

Lauren Sherman / Puck : Source: Shein is acquiring DTC clothing retailer Everlane, which focuses on sustainability and “radical transparency”, in a $100M deal   —  The Millennial D.T.C. company built a global brand based on sustainability and radical transparency.  Now, after a years-long slump …

The Information : Analysis: 34 leading AI startups are generating ~$80B in annualized revenue, up 112% from six months ago, with Anthropic and OpenAI capturing 89% of the revenue   —  Anthropic and OpenAI are widening the revenue gap between themselves and the rest of the AI startup field.

The Hacker News : Grafana says hackers have accessed its GitHub environment and demanded a ransom to prevent the release of its codebase; Grafana refused to pay   —  Grafana has disclosed that an “unauthorized party” obtained a token that granted them the ability to access the company's GitHub environment and download its codebase.