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Is this Big Tech's Big Tobacco moment?
Senate Judiciary Chairman Chuck Grassley has called Meta, Google, TikTok, and Snap CEOs to testify on June 23 in a hearing framed around whether Big Tech faces a reckoning similar to the tobacco industry's downfall.
US Stock Markets Crash With $1 Trillion Wiped Out
US equity markets suffered a sharp intra-day selloff on May 15, 2026, erasing roughly $1 trillion in total market capitalization as the S&P 500, Nasdaq, and Russell 2000 all fell under heavy sell-side pressure.
Anthropic And Gates Foundation Commit $200m To AI In Global Health And Education
Anthropic and the Gates Foundation have announced a $200 million, four-year partnership to deploy AI tools across global health, life sciences, education, and economic mobility programs in underserved communities worldwide.
Openai Confirms Limited Credential Theft In Tanstack Supply Chain Attack
OpenAI confirmed two employee devices were compromised in the TanStack supply chain attack, resulting in limited credential theft from internal source code repositories. No user data or production systems were affected.
Oil Flows Through Hormuz Tick Higher As More Supertankers Exit
Four supertankers carrying roughly 2 million barrels of Iraqi crude have exited the Strait of Hormuz since May 10, offering limited relief after EIA data confirmed a 30% drop in oil flows through the waterway in Q1 2026.
No Nuclear Weapon For Iran
The White House says the US and China have agreed Iran can never acquire a nuclear weapon, as the Trump-Xi summit in Beijing produces commitments on the Strait of Hormuz and American energy exports.
Latvian Government Collapses After Prime Minister Resigns
Latvian Prime Minister Evika Siliņa resigned on May 14, 2026, triggering the collapse of the country's tripartite coalition government just months before scheduled October elections. The crisis was sparked by a Ukrainian drone incursion into Latvian airspace that was blamed on Russian electronic warfare.
Trump Eyes 250 Pardons To Mark America'S 250th Birthday
President Donald Trump is reportedly weighing 250 pardons to coincide with the United States' 250th anniversary on July 4, 2026, according to The Wall Street Journal.
Clarity Act Heads Toward Partisan Senate Showdown
Senator Tim Scott is set to reject over a dozen amendments to the Digital Asset Market Clarity Act on drafting grounds, steering the bill toward a largely partisan Senate Banking Committee markup on May 14.
Xi Tells Trump China And The US Should Be 'Partners Not Rivals'
Chinese President Xi Jinping opened high-stakes Beijing talks with Donald Trump by calling for the two superpowers to be partners, not rivals, as tariffs, Taiwan, tech competition and the Iran war dominated the agenda.
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