• President Donald Trump said yesterday that the U.S. and Iran are “in
negotiations right now” and that Tehran is “talking sense,” lifting investors’
hopes that the conflict could be in its 11th hour.
• A New Mexico jury held Meta liable for civil damages yesterday in a trial over
whether the Facebook and Instagram parent failed to safeguard kids from child
predators on its apps.
• OpenAI said it’s shuttering its short-form video app, which hit one million
downloads within five days of its viral debut six months ago.
• Senate Republicans and the White House appear to be close to having a deal
that could end the partial government shutdown. The agreement would fund all of
the Department of Homeland Security — with the exception of part of the
Immigration and Customs Enforcement budget.
• Merck is buying Terns Pharmaceuticals for $6.7 billion. Terns shares jumped
more than 5% before the bell, while Merck’s stock sat near flat.
