Signal

Good morning. The big story today is that US-Iran peace talks in Pakistan have collapsed after 21 hours of negotiations, with VP Vance saying Iran "chose not to accept our terms." This breakdown comes as both sides had been engaged in high-stakes diplomacy to end their ongoing conflict, but fundamental disagreements appear to have derailed any immediate prospect for peace. The failure also raises fresh concerns about maritime security in the Strait of Hormuz, where Iran has been imposing tolls on shipping traffic in a revival of historical practices that go back centuries to Ottoman and Danish control of key waterways. On the tech front, Tesla's supervised Full Self-Driving has received approval in the Netherlands, making it the first European country to green-light the controversial technology. Meanwhile, there's been some controversy around Sam Altman responding to what he called an "incendiary" New Yorker article, particularly after an attack on his home, highlighting the increasingly personal stakes in AI leadership debates. In sports, Rory McIlroy is sharing the Masters lead after what's being described as a "madcap" third round, while heavyweight boxing is buzzing after Fury's latest victory has set up a potential showdown with Joshua.