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Time:2026-06-16T05:22:49Z

The US and Iran have reached an initial deal to end their war, with Trump arriving at the G7 summit to build momentum, though skepticism persists on Capitol Hill. SpaceX's record-breaking $85.7 billion IPO has sent Chinese A-share aerospace stocks soaring. The UK is moving forward with a sweeping social media ban for users under 16, drawing both support and skepticism. Chinese AI firm Zhipu AI launched its GLM-5.2 model at a fraction of competitor costs, driving its stock surge. Meanwhile, the US government ordered Anthropic to disable its most advanced AI models, sparking controversy among cybersecurity professionals.

US and Iran reach initial deal to end war

US and Iran reach initial deal to end warAn initial agreement to end the US-Iran war is moving toward formal signing, though significant questions remain. President Trump arrived at the G7 summit seeking to capitalize on momentum from the deal announcement. On Capitol Hill, the agreement has been met with skepticism and calls for closer scrutiny from lawmakers.

SpaceX record IPO drives Chinese aerospace stocks surge

SpaceX record IPO drives Chinese aerospace stocks surgeSpaceX's landmark IPO has raised $85.7 billion, making it the largest ever. The blockbuster public listing has created a spillover effect in Chinese markets, where A-share aerospace stocks surged on the SpaceX IPO buzz. Analysts are closely watching the implications for the global space industry and private space companies.

UK announces sweeping social media ban for children under 16

UK announces sweeping social media ban for children under 16The UK government has unveiled a comprehensive social media ban for users under 16, potentially including overnight curfews. While described as a bold and blunt approach, critics argue it is no silver bullet for child safety online. The move places the UK among a growing list of countries taking legislative action against youth social media use.

Zhipu AI launches GLM-5.2 at fraction of competitor cost, stock rockets

Zhipu AI launches GLM-5.2 at fraction of competitor cost, stock rocketsChinese AI company Zhipu AI has released its GLM-5.2 model, priced at roughly one-tenth the cost of Anthropic's premium offerings. The aggressive pricing strategy aims to capture users switching from US rivals due to geopolitical restrictions and high costs. Zhipu's stock has surged on the news, while competitor Minimax has stumbled.

US government orders Anthropic to disable advanced AI models, sparking backlash

US government orders Anthropic to disable advanced AI models, sparking backlashThe US government has ordered Anthropic to disable its most advanced AI models, citing restrictions on foreign access. The ban has sparked significant controversy, with cybersecurity professionals protesting what they call a dangerous overreach. Critics argue the order was never truly about preventing AI jailbreaks and reflects broader geopolitical tensions in the AI landscape.