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As officials in the White House became increasingly concerned about the escalation in the conflict between Pakistan and India, it was decided Friday morning that Vice President JD Vance would call Indian Prime Minister Narendra Modi.  Twenty-four hours before President Donald Trump announced on social media Saturday morning that a ceasefire had been reached, the scramble in the White House began.  Senior officials began to fear that the situation could spiral out of control with neither side seriously considering options for de-escalation after Pakistan hit back at Indian military sites on Friday following an Indian missile attack on Pakistan.  The strikes mark the latest escalation between the nuclear-armed rivals, a move triggered by a mass shooting for which India blames Pakistan. PAKISTAN SAYS IT HAS STRUCK MILITARY TARGETS INSIDE INDIA IN SERIES OF NEW ATTACKS In his noon phone call with Modi, Vance made it clear that the U.S. believed that there was a high ...

Cheyenne MacDonald / Engadget : The FTC pushes the enforcement of its “click-to-cancel” rule requiring businesses to make canceling subscriptions as easy as signing up, from May 14 to July 14   —  The Federal Trade Commission has delayed the start of a rule that aims to make the process of canceling subscriptions less of a nightmare.

Ben Bergman / Business Insider : Source: Tel Aviv-based AI21 Labs, which is building its own LLMs and launched an AI orchestration system in March, is raising a $300M Series D   —  - AI21 Labs is raising a $300 million Series D funding round to build its own LLMs.  — It aims to reduce hallucinations in generative AI, which would enhance reliability for companies.

Kyle Wiggers / TechCrunch : Ramp AI index: 32.4% of US businesses had OpenAI subscriptions in April, up from 28% in March; Google AI subscriptions fell from 2.3% in Feb. to 0.1% in April   —  OpenAI appears to be pulling well ahead of rivals in the race to capture enterprises' AI spend, according to transaction data from fintech firm Ramp.

Americans lambasted President George H. W. Bush for infamously vowing on stage at the 1988 Republican National Convention not to raise taxes on Americans, then supporting a tax hike as president two years later.  History could repeat itself as President Donald Trump this week signaled his support for congressional Republicans raising taxes to accomplish the ambitious goals of his "big, beautiful bill," according to experts. "My opponent won't rule out raising taxes, but I will. And the Congress will push me to raise taxes, and I'll say no. And they'll push and I'll say no. And they'll push again, and I'll say to them: ‘Read my lips: no new taxes,’" then-Vice President Bush vowed at the 1988 convention, before raising taxes two years later with the Omnibus Budget Reconciliation Act of 1990 .  While acknowledging the political backlash his fellow Republican faced, Trump signaled in a Truth Social post on Friday his own willingness to rais...

Reed Albergotti / Semafor : Sources: the US Treasury asked Benchmark whether its Manus AI funding is covered by restrictions on investments in tech destined for “countries of concern”   —  THE SCOOP  —  The US Treasury Department is reviewing a Benchmark Capital-led $75 million investment in Chinese startup Manus AI …

President Donald Trump is considering a small tax increase for wealthy Americans to help pay for his priorities to boost the middle and working classes. A source familiar with Trump's thinking told Fox News Digital that Trump is considering allowing the rate on individuals making $2.5 million or more to increase by 2.6%, from 37% to 39.6%. He quietly pushed Speaker Mike Johnson, R-La., on the idea in a phone call on Wednesday, two people familiar with conversations told Fox News Digital. It comes as Republicans work on a massive piece of legislation advancing Trump's priorities on taxes, border security, immigration, energy, defense and the national debt, which the president has dubbed his "big, beautiful bill." MEET THE TRUMP-PICKED LAWMAKERS GIVING SPEAKER JOHNSON A FULL HOUSE GOP CONFERENCE Differing projections show the bill is likely to add trillions of dollars to the country's deficit over the next 10 years, so fiscal hawks are looking for ways to miti...