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Patrick Collison

Patrick Collison

Irish entrepreneur

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  • 3h ago

    Stripe and Advent bid $60.50 per share for PayPal, valuing it at $53 billion

    The joint offer of $60.50 per share represents a 28% premium and is backed by $50 billion in financing, people familiar say.

Today’s Brief

Hormuz shut, Gibraltar opens

Trump escalates Iran fight as governments lower borders and curb AI's appetite

The largest risk of the day sits in the Gulf, where American strikes and Iranian threats pushed the shipping crisis beyond the Strait of Hormuz (fe4211c6-99e8-4ab5-84b6-e75997713dae). Elsewhere, Europe removed one old border fence, Washington fought itself over immigration tactics, China slowed, and AI's costs moved from pitch decks to courts, grids and voters (c1ef3076-fa76-4818-9f24-6af37aefcae4)(340b0284-d7c5-4d81-943a-da21d558fcf5).

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  • ICE suspends traffic-stop arrests

    Trump calls for ICE to resume traffic stops following a fatal shooting in Maine, opposing the agency's new suspension policy.

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World · Updated 4m ago

Important

The Middle East after Gaza

Iran's formal declaration of the Strait of Hormuz closure and the Houthi resumption of attacks on Saudi Arabia represent a direct escalation of regional conflict dynamics and a breakdown of previous de-escalation efforts.

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