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Trump vows to respond after Iran shoots down US helicopter

US President Donald Trump has accused Iran of shooting down a US Army AH-64 Apache helicopter over the Strait of Hormuz and vowed retaliation. The incident marks a sharp escalation in military tensions, occurring shortly after Trump indicated that negotiations to end the Middle East war were in their final stages. The accusation followed a summit in Beijing with Chinese President Xi Jinping, where discussions covered trade, artificial intelligence, and regional security. In Tehran, locals express deep scepticism regarding interim agreements amid hyperinflation and military uncertainty. The specific circumstances of the downing remain unverified, and the exact status of the peace negotiations is unclear given the immediate escalation.

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US conducts 'self-defence' strikes on Iranian targets amid ceasefire talks

On Monday, 26 May 2026, US forces conducted strikes on missile sites and vessels in southern Iran, citing self-defence against threats from Iranian forces, according to United States Central Command. The attacks targeted boats allegedly attempting to lay naval mines and missile launch sites. This military action occurred as Iranian negotiators arrived in Doha for high-stakes talks aimed at ending a three-month-long conflict between the United States and Iran. The strikes threaten a fragile ceasefire that began on 8 April 2026. Despite the escalation, oil prices fell below US$100 a barrel on Tuesday, with investors expressing optimism regarding a potential deal to reopen the Strait of Hormuz, which has been disrupted for three months. Simultaneously, US President Donald Trump is in Beijing for a two-day summit with Chinese President Xi Jinping, the first such visit since 2017, covering trade, artificial intelligence, and Strait of Hormuz tensions.

2 storiesmarkets

Trump and Xi hold summit in Beijing amid trade, AI, and Iran tensions

US stock markets rose on Thursday as President Donald Trump and Chinese President Xi Jinping commenced a two-day summit in Beijing, marking the first visit by an American president to China since 2017. The Dow Jones Industrial Average gained 0.8%, the S&P 500 rose 0.3%, and the Nasdaq Composite climbed 0.2%. Nvidia shares surged more than 2% following news that the US approved H200 chip sales to Chinese firms, although the long-term impact on export control policies remains uncertain. The summit agenda includes trade, artificial intelligence, and the Strait of Hormuz, with US CEOs including Elon Musk, Tim Cook, and Jensen Huang in attendance. Separately, Cisco shares jumped after reporting strong quarterly earnings and announcing a restructuring plan involving approximately 4,000 job cuts.

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Trump vows to respond after Iran shoots down US helicopter: key questions

What is the significance of the recent Beijing summit? It was the first visit by an American president to China since 2017, featuring discussions on trade, AI, and Strait of Hormuz security. Which US business leaders attended the Beijing summit? Elon Musk, Tim Cook, and Jensen Hu

event brief

Trump vows to respond after Iran shoots down US helicopter

US President Donald Trump has accused Iran of shooting down a US Army AH-64 Apache helicopter over the Strait of Hormuz and vowed retaliation. The incident marks a sharp escalation in military tensions, occurring shortly after Trump indicated that negotiations to end the Middle E

event brief

US conducts 'self-defence' strikes on Iranian targets amid ceasefire talks

On Monday, 26 May 2026, US forces conducted strikes on missile sites and vessels in southern Iran, citing self-defence against threats from Iranian forces, according to United States Central Command. The attacks targeted boats allegedly attempting to lay naval mines and missile l

faq brief

Trump and Xi hold summit in Beijing amid trade, AI, and Iran tensions: key questions

What was the first visit by an American president to China since? 2017 Which US CEOs are attending the Beijing summit? Elon Musk, Tim Cook, and Jensen Huang What topics are on the summit agenda? Trade, artificial intelligence, and the Strait of Hormuz How much did Nvidia shares s

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TechTech Desk

ARC Prize updates leaderboard to spotlight efficiency in interactive AI challenges

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Trump claims diplomatic talks with Iran amid escalating regional hostilities

Washington asserts engagement with Tehran while military operations continue across the Middle East.

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NASA Deep Space Network strained as wildfire forces Madrid complex evacuation

With the Madrid 70-meter antenna offline and the equivalent US facility under repair until 2028, NASA relies on a single Australian antenna to support critical missions including Artemis and Voyager.

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OpenAI enters hardware market with $230 Micro keypad for ChatGPT

Developed with Work Louder, the Micro keypad targets power users and coders but draws criticism over price and complexity as OpenAI navigates ongoing trade secret allegations.

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TechTech Desk

SpaceX shares dip as Starship booster fails in Gulf of Mexico

Following a historic $1.77 trillion IPO, technical setbacks continue to weigh on investor sentiment as the company’s stock slides from post-debut highs.

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Guardian opinion: Nolan’s The Odyssey and the threat to civilisation

The reviewer draws parallels between the film’s depiction of the Trojan Horse and contemporary issues, including AI-generated content and political deceit

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SpaceX conducts 13th Starship test flight with next-generation V3 Starlink satellites

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Meta exits RE100 renewable pact as AI-driven gas investments mount

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White Falcon Capital Management slashes 75% AMD stake on valuation concerns

White Falcon Capital Management reduced its Advanced Micro Devices holding in the second quarter of 2026, citing valuation limits rather than fundamental deterioration in the semiconductor giant’s business.

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DBOS claims 20-fold performance boost for Postgres LISTEN/NOTIFY

New technical findings from DBOS demonstrate that PostgreSQL’s notification system can handle 60,000 writes per second, challenging long-held beliefs about its scalability limits.

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Trump initiates Section 301 probe into EU over Google antitrust fine

The White House argues the European Union’s Digital Markets Act enforcement unfairly burdens American commerce, prompting a new trade investigation that could lead to significant tariff increases.

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NASA Shifts Deep Space Operations to California as Spanish Wildfires Threaten Madrid Observatory

Mission control for Voyager 1 and the James Webb Space Telescope rerouted to Goldstone complex as fire damage assessment remains pending in Spain.

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Meta suspends $20 monthly fee for smart glasses accessibility feature following user backlash

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TechTech Desk

Prentis AI lab seeks $100 million at $1 billion valuation amid crowded agent market

Investor materials point to a $75 million annualised run rate by the third quarter, backed by $50 million in signed contracts across healthcare and manufacturing sectors.

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TechTech Desk

Smart Money Stage to dissect fintech, payments and AI at TechCrunch Disrupt 2026

The Smart Money Stage, launching at San Francisco’s Moscone Center from October 13–15, will focus on stablecoins, instant payments and the integration of artificial intelligence into financial decision-making.

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Anthropic releases Opus 5, prioritising token efficiency over capability leaps

As the AI industry shifts focus toward cost management, Anthropic’s latest update highlights the growing role of model routers and the pressure from competitors like Kimi K3.

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New Brunswick legislator inadvertently reads AI prompt during floor speech

The Progressive Conservative member of the New Brunswick legislative assembly drew mainstream media attention after reciting an apparent large language model instruction during a parliamentary debate.

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Chinese Vape Makers Exploit Regulatory Gaps With Potent Nicotine Analogs

While the Trump administration proposes expanding nicotine definitions in its 2027 budget, Chinese manufacturers are currently flooding the US market with unregulated products containing chemicals that animal studies suggest are more addictive than traditional nicotine.

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Waymo set to end Uber partnership in US markets by 2028

Tensions over safety and regulation drive strategic separation, following earlier split in Phoenix.

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Burry’s Cassandra Unchained hits 300,000 subscribers, sparking revenue speculation

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TechTech Desk

Midjourney acquires astrology app Co-Star, appoints CEO Banu Guler

The deal brings Co-Star’s leadership under Midjourney’s umbrella while granting the app’s chief executive operational autonomy, a move that coincides with broader corporate diversification efforts.

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