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Monday, June 15, 2026, 7:55 CT

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US and Iran agree to cease hostilities and reopen Strait of Hormuz

A memorandum of understanding between the United States and Iran aims to end the four‑month war and lift the naval blockade on the Strait of Hormuz, according to the Wall Street Journal. The New York Times reported that President Trump framed the deal as making the strait “permanently toll‑free” and highlighted his praise for China and Russia’s role in the settlement. Both outlets note that the agreement is pending formal confirmation from Tehran and that further negotiations on nuclear constraints and sanctions remain unresolved.


U.S.

Trump marks 80th birthday with White House UFC fight night

President Donald Trump celebrated his 80th birthday with a $60 million UFC event on the White House South Lawn, attended by his family, senior officials and tech CEOs. The New York Times emphasized the spectacle, corporate sponsorships and Trump’s long‑standing showmanship, while NPR reported the fights alongside an announced Iran cease‑fire agreement and framed the party as a political distraction that used extensive government resources.

Trump administration debated suspending habeas corpus for immigrants, raising constitutional alarms

The New York Times reported that secret White House memos showed Stephen Miller pushing Trump to suspend habeas corpus rights for undocumented immigrants, while staff secretary Will Scharf warned such a move would violate the Constitution except in war or invasion. Trump publicly alluded to the idea, but internal opposition and legal concerns led the proposal to fade. The same reporting noted parallel debates about invoking the Insurrection Act, highlighting the administration’s broader push to expand executive power.

WORLD

Russian airstrikes set Kyiv cathedral ablaze, kill at least 11

Mass Russian missile and drone attacks across Ukraine killed at least 11 people and damaged the 11th‑century Dormition Cathedral at the Kyiv‑Pechersk Lavra, a UNESCO World Heritage site. The Wall Street Journal highlighted the cultural impact and Zelensky’s call for more defence support, while the BBC noted Russia’s denial of the strike and the claim that a U.S.‑made Patriot missile may have caused the fire. Ukrainian forces downed most of the incoming weapons, and firefighters extinguished the blaze later in the day.

Trump’s Iran deal puts G7 focus on US‑Europe tensions

At the G7 summit in France, President Trump arrived after the United States and Iran announced an agreement to reopen the Strait of Hormuz, but European allies remain wary and are reassessing their partnership with Washington. The New York Times reports that allies view Trump as a combative opponent, with disputes over trade, NATO, migration and the Iran war dominating the agenda.

Norway crown princess's son convicted of two rapes, sentenced to four years

A Oslo district court found Marius Borg Høiby, the 29‑year‑old son of Crown Princess Mette‑Marit, guilty of two counts of rape and sentenced to four years in prison. He was also convicted of abusing an ex‑girlfriend and causing serious bodily harm, with the court ordering about 640,000 kroner in compensation to four victims, while prosecutors had sought a seven‑year term. The verdict, reported by the BBC, comes as the crown princess battles severe pulmonary fibrosis and his lawyers consider an appeal.

BUSINESS

Oil falls, stocks rise after US‑Iran deal to reopen Hormuz

The New York Times reported that the Trump‑announced agreement with Iran to reopen the Strait of Hormuz pushed Brent crude down about 5% to $83 a barrel and lifted the S&P 500 roughly 1.2%. It also noted U.S. gasoline prices held steady at $4.07 per gallon despite a 37% rise since the conflict began. The Wall Street Journal, meanwhile, stressed that the main question for American consumers is how the deal will affect fuel costs, signaling lingering concern over inflation even as markets rally.

US‑Iran deal could lift Hormuz blockade, easing fertilizer and energy woes

The Wall Street Journal reports that fertilizer maker Fertiglobe warns the closure of the Strait of Hormuz is choking nitrogen fertilizer shipments, driving up prices and threatening global food security, and calls on governments to facilitate transport and aid farmers. The New York Times notes that the same blockage has also starved Asian economies of oil, gas and other commodities, inflating inflation and creating lingering supply‑chain disruptions even if the waterway reopens. Both outlets say a pending U.S., Iran cease‑fire agreement could restore shipping lanes, but economists caution that full economic recovery will take months.

Fox to buy Roku in $22 billion deal

Fox Corp announced a cash‑and‑stock acquisition of Roku valued at about $22 billion, paying $160 per share, an 11.4% premium. The merger will give Fox access to Roku’s 100 million‑plus streaming households and boost its advertising capabilities as viewers move online. Combined, the companies would become the third‑largest U.S. television player, with Fox shareholders holding roughly 73% and Roku shareholders 27%, and the deal is slated to close in the first half of 2027.

SpaceX shares rise after record debut, buoyed by index inclusion

Reuters reported that SpaceX’s stock rose more than 6% before the market opened, extending the 19% surge from its Nasdaq debut that pushed the company’s valuation above $2 trillion. The firm is slated for fast‑track inclusion in the Nasdaq‑100 and will join the FTSE Russell and MSCI indexes in late June, which analysts say could draw billions of dollars in passive‑investment inflows.


TECH

UK to ban social media for under‑16s, upcoming restrictions detailed

UK Prime Minister Keir Starmer announced a ban on social‑media use for children under 16, with legislation expected before year‑end and possible rollout by spring 2027. The Verge notes the ban will cover major platforms such as TikTok, Instagram, Facebook, Snapchat and X, while excluding messaging apps, and will also block stranger chat in games, livestreams and romantic chatbots. TechCrunch adds that the scope may extend to Reddit, Threads, Twitch and Kick, and highlights privacy concerns and the need for new legislation.

Anthropic disables Fable and Mythos models after US trade directive

Anthropic announced it has abruptly disabled access to its Fable 5 and Mythos 5 AI models following a verbal directive from the U.S. Commerce Department that places the models under export controls. The government cited a reported “jailbreak” that could let the models analyze code for security vulnerabilities, prompting concerns about national‑security risks. Ars Technica highlighted the directive and the alleged jailbreak, while other outlets have noted that Amazon also raised security concerns about the models.

FISA Section 702 expires but surveillance will persist through 2027

Ars Technica reports that Section 702 of the Foreign Intelligence Surveillance Act officially sunset at midnight, but existing year‑long certifications issued by the FISA Court keep the program active until at least March 2027. The outlet notes that the Brennan Center and Cato Institute stress the lapse does not halt data collection, and the Electronic Frontier Foundation warns the government could also rely on Executive Order 12333. Rep. Jamie Raskin (D‑Md.) said surveillance will continue unchanged while lawmakers remain divided over reforms.

SpaceX goes public with $1.8 trillion valuation focused on AI services

Ars Technica reports that SpaceX began trading on Nasdaq at $135 per share, quickly climbing to $160.95 and valuing the company at about $1.8 trillion, making Elon Musk a trillion‑plus billionaire. The filing emphasizes that the bulk of the company’s future profit is expected to come from AI compute services delivered from orbital data centers, rather than its traditional NASA contracts or Starlink business. Investors are now watching how SpaceX will allocate resources between lucrative AI contracts and its ongoing space missions such as Artemis.

ShinyHunters exploits PeopleSoft zero‑day, steals gigabytes from hundreds

Researchers at Mandiant and Google’s Mandiant team say the SSRF vulnerability (CVE‑2026‑35273) in Oracle’s PeopleSoft, rated 9.8, was exploited by the ShinyHunters ransomware group for over two weeks before Oracle issued a mitigation. The attackers accessed about 300 endpoints across roughly 100 organizations, mostly higher‑education institutions, stole gigabytes of data and posted up to 48 GB from a single victim on their public data‑leak site, demanding ransom. Oracle has released a stop‑gap fix but not a full patch, while security firms Rapid7 and Mandiant have published indicators of compromise and remediation steps for PeopleSoft users.

Meta tests Pentagon‑linked face‑recognition software in smart glasses

According to WIRED, Meta licensed facial‑recognition technology from Rank One Computing, a contractor whose customers include U.S. law‑enforcement and military agencies, to prototype the feature for its Ray‑Ban and Oakley smart‑glasses app. The code was embedded in a test version of the Meta AI app shipped to millions of phones but remained dormant and was removed after the report. Both Meta and Rank One declined to comment on the partnership.

AI layoffs surge while hiring spikes as firms seek oversight staff

Tech firms are cutting tens of thousands of jobs, often blaming AI, even as they post strong earnings. At the same time, a growing cadre of AI oversight staff is being recruited, inflating the fortunes of a small insider class. The contrast highlights a widening gap between laid‑off workers and rapidly wealth‑creating AI ventures.

Ukraine tested fully autonomous drones that killed Russian soldiers, officials say

Ars Technica reports that a Ukrainian drone maker disclosed a one‑time battlefield test in which fully autonomous quadcopter drones, operating in a “Terminator mode,” killed a handful of Russian soldiers. Ukrainian officials quoted by New Scientist say the government prohibits AI from making final kill decisions and that combat drones are only semi‑autonomous, with human operators retaining control. A CSIS analysis cited in the same coverage notes that while fully lethal autonomous weapons remain rare, Ukraine is increasingly fielding drones with autonomous navigation and target‑recognition functions to offset electronic‑warfare challenges.

NASA's X‑59 reaches Mach 1.4 and 55,000‑foot altitude

Engadget reports that NASA's X‑59 research plane hit Mach 1.4 and climbed to 55,000 feet, surpassing a prior Mach 1.1 test. The achievement clears a critical step toward the Quesst mission, where the aircraft will fly over populated areas to gauge public reaction to its quiet "sonic thump." The team will now conduct acoustic validation to confirm the low‑boom signature before community flights.

Fox to acquire Roku in $22 billion deal, creating third‑largest US streaming player

The Verge reported that Fox announced a $22 billion acquisition of Roku, merging its TV networks and Tubi streamer with Roku's devices, smart‑TV software, and The Roku Channel. The combined company aims to become the third‑largest television player in the United States by viewing share while keeping Roku an open platform. The deal, which includes Roku founder Anthony Wood joining Fox's board, is still subject to regulatory approval.