live Swiss authorities call off U.S.-Iran talks after Vance pulls out
Planned U.S.-Iran talks in Switzerland on Friday will no longer take place after Vice President JD Vance withdrew from a scheduled trip to meet Irania...
Microsoft is reportedly in advanced negotiations to revise its agreement with OpenAI, aiming to maintain access to the startup’s cutting-edge AI technology even if OpenAI achieves artificial general intelligence (AGI), according to Bloomberg News, which cited sources familiar with the matter.
Under the current contract, Microsoft could lose certain rights to OpenAI’s most advanced tools once AGI is declared. The two companies are now working on updated terms that would allow Microsoft continued use of OpenAI’s latest models and innovations regardless of that milestone.
Talks have been ongoing for months and are progressing, with a potential agreement expected within weeks. Both Microsoft and OpenAI declined to comment when contacted by Reuters.
The discussions also relate to OpenAI’s shift toward becoming a public-benefit corporation, a move that requires Microsoft’s approval. Negotiations have included a review of Microsoft’s future equity stake in the AI firm. Reports from The Information last month highlighted tensions between the two companies over the AGI clause.
Meanwhile, OpenAI is also facing legal action from co-founder Elon Musk, who accuses the company of abandoning its original nonprofit mission in favour of commercial interests.
The timing is notable, as Microsoft is set to announce its earnings for the June quarter on Wednesday. Its partnership with OpenAI remains a major focus, especially as OpenAI seeks additional cloud resources from rivals such as Google, Oracle, and CoreWeave.
Donald Trump has said the U.S. will resume bombing Iran if Tehran doesn't "behave," at the sidelines of the G7 summit in France. Earlier, the U.S. President criticised Israel for its tactics against Hezbollah, saying it was unnecessary to bomb entire apartment buildings to tackle militants.
U.S. President Donald Trump sought a deal with Iran "out of deperation," Iranian Supreme Leader Mojtaba Khamenei has said, in a statement on social media. Khamenei added that he himself "held a different view," to Trump, but allowed the agreement after receiving assurances from Iran's President.
Britain has announced an additional £8 million ($11 million) to help Pakistan combat illegal migration, human trafficking and organised crime, while praising Islamabad's role in diplomacy that helped secure the recent U.S.-Iran agreement.
Caleb Yirenkyi’s stoppage-time goal secured a 1-0 win for Ghana over Panama as World Cup action delivered a mix of late drama and key results. Colombia and England also began their campaigns with victories, while DR Congo held Portugal in a historic 1-1 draw and Austria beat Jordan 3-1.
The European Commission has announced €493 million in emergency support for the Ebola response, including funding for vaccines, treatment and health security measures.
Amazon founder Jeff Bezos has said artificial intelligence will ultimately lead to labour shortages rather than widespread unemployment, pushing back against growing fears that AI will replace human workers.
French department store BHV and online fast-fashion retailer Shein have ended their partnership, seven months after the launch of a permanent Shein shop in Paris triggered controversy and widespread criticism.
China’s retail sales fell for the first time in more than three years in May, while urban investment contracted more than expected, signaling further weakness in the world’s second-largest economy.
Macao opened the 17th International Infrastructure Investment and Construction Forum on Thursday, with officials and industry leaders highlighting the role of green and digital technologies in strengthening global infrastructure connectivity.
At the start of 2026, something unusual happened in China's car market. BYD, the company that had spent years at the top of the domestic sales charts, was knocked off its perch by a rival.
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