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Iran to enrich uranium to 60% in response to apparent Israeli attack

Iran has informed the director general of the International Atomic Energy Agency (IAEA) that it will begin 60% uranium enrichment, Deputy Foreign Minister Abbas Araghchi told reporters as he arrived to Vienna on Tuesday for a second round of nuclear talks.

Why it matters: This will be Iran's most severe violation of the 2015 nuclear deal since the Trump administration withdrew from the agreement in 2018. It's also a serious blow to the ongoing efforts to salvage the deal.

  • The announcement comes in response to the explosion at the Natanz uranium enrichment facility, for which Iran blames Israel.
  • It will leave Iran short of the 90% enrichment necessary to produce a nuclear weapon, but bring Iran closer to that threshold than ever before.
  • Araghchi added that another 1,000 centrifuges with 50% more enrichment capacity will be added in Natanz, in addition to replacing the damaged centrifuges.

The state of play: The Vienna talks are due to resume on Wednesday. Meanwhile, senior officials from the U.S. and Israel will meet Tuesday for a strategic dialogue on Iran.

Go deeper: "Nuclear sabotage" in Iran threatens nuclear talks in Vienna

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Why the startup world needs to ditch "unicorns" for "dragons"

When Aileen Lee originally coined the term "unicorn" in late 2013, she was describing the 39 "U.S.-based software companies started since 2003 and valued at over $1 billion by public or private market investors."

Flashback: It got redefined in early 2015 by yours truly and Erin Griffith, in a cover story for Fortune, as any privately-held startup valued at $1 billion or more. At the time, we counted 80 of them.

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Scoop: Facebook's new moves to lower News Feed's political volume

Facebook plans to announce that it will de-emphasize political posts and current events content in the News Feed based on negative user feedback, Axios has learned. It also plans to expand tests to limit the amount of political content that people see in their News Feeds to more countries outside of the U.S.

Why it matters: The changes could reduce traffic to some news publishers, particularly companies that post a lot of political content.

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