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☆ Raine details 3 themes driving its sports investing as it hunts for more deals
▼ + stars: | 2024-04-25 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Raine was an early investor in DraftKings — which helped establish the US sports-betting sector — and has been investing at a rate of about three companies a year. Raine is looking to take stakes in leagues with rights they can monetize in various ways and invest in growing, founder-led companies. Raine says college sports still hold a big opportunity for outside investors, even if the structure of college athletics adds complexity. In 2019, Raine helped the Pac-12 Conference explore raising private equity (which it ultimately decided against doing). Raine also helped the PGA Tour raise $3 billion this year through a for-profit entity.

Persons: Joe Ravitch, Jeff Sine's, It's, Raine, Colin Neville, that's, Garrett Gomes, Raine isn't, Banks, JPMorgan Chase, Neville Organizations: Imagine, Business, Apple, Premiere Lacrosse League, RCX Sports, Private, Florida State, Sixth, JPMorgan, CNBC, PGA Locations: DraftKings, Florida

☆ Ukraine is losing its war against Russia. Here's what its defeat might look like.
▼ + stars: | 2024-04-19 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . There is a glimmer of hope for Ukraine, with a congressional vote that could release the aid package expected this weekend. Spurling, the RAND analyst, said that a Russian victory would most likely take the form of Ukraine ceding large amounts of conquered territory to Russia. AdvertisementThis implies that Ukraine, in any scenario, will have to cede territory, either formally or informally.

Persons: —, Vladimir Putin, Putin, Oleksandr Danylyuk, Bryden Spurling, George Beebe, Ukraine's, Beebe Organizations: Service, Royal United Services Institute, of Defense, RAND Corporation, Business, CIA, RAND, NATO Locations: Ukraine, Europe, Russia, Kharkiv, Ukraine's, Russian, Zaporizhzhia, Donetsk, Moscow, NATO

☆ Ukraine isn't the only country Russia is trying to topple
▼ + stars: | 2024-04-11 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

Even as Russian bombs pound Ukraine, Moscow's mercenaries and spies are busy trying to set much of the rest of the world afire. To Russia, the conventional warfare waged in Ukraine, and unconventional "gray zone" warfare waged around the world, are two sides of the same coin. Human intelligence operations are used to attempt elite capture through the offer of assistance to politicians who support Russian interests. "As the war in Ukraine protracts, Russia has an interest in creating crises further afield," said RUSI. "As a lot of Russia's unconventional operations are self-defeating, countering Russian unconventional warfare must be premised on careful, selective, and intelligence- driven targeting," the study emphasized.

Persons: —, RUSI, Vladimir Putin, Jack Watling, Oleksandr Danylyuk, Nick Reynolds, Britain —, Yevgeny Prigozhin, Putin, Ramzan Kadyrov, Kadyrov, Michael Peck Organizations: Service, Britain's Royal United Services Institute, Business, Kremlin, Soviet Union, NATO, Directorate, Staff of, Armed Forces, Getty, Russian, Central African, Wagner, GRU Expeditionary Corps, Convoy, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Russia, Europe, Africa, Central Asia, Soviet, Montenegro, Moscow, Moldova, Russian, Britain, Ukraine protracts, Balkans, Russia's, Libya, Mali, Sudan, Central African Republic, Chechnya, Forbes

☆ Russia's air force took control of the skies before seizing victory in a front-line fight, and it could be 'devastating' for Ukraine if it continues, war experts say
▼ + stars: | 2024-02-20 | by ( Chris Panella | Jake Epstein | ) www.businessinsider.com time to read: +8 min

And if it continues or expands, a real possibility as Ukrainian air defenses are under significant stress, it could be "devastating," war experts said. Confirming its retreat from the area, Ukraine said it was saving troops from being fully surrounded by Russian troops. This activity appears to indicate the employment of a combined arms tactic involving having air forces support maneuver elements on the ground. Ukraine's air defenses have largely denied Russia air superiority, preventing its jets and aircraft from conducting significant air campaigns since the beginning of the war. Even "recurring temporary localized and limited Russian air superiority," ISW explained in a recent update, "would likely allow Russian forces to more aggressively pursue operational advances along the frontline."

Persons: —, Vladimir Putin's, George Barros, Barros, Vlada, hasn't, ISW, Kostiantyn, Avdiivka, it's, John Kirby, Kirby, It's, Putin Organizations: Service, Bakhmut, The Institute, Washington DC, Institute for, Armored Infantry, National Security, Chemical Plant, Ukraine Locations: Russian, Russia, Avdiivka, Ukrainian, Donetsk, Moscow, Ukraine, Washington, Avdiivka district, Luhansk, Lastochkino, MLRS

☆ Ukraine has taken 17,000 Russians off the battlefield without firing a shot, US Army special-ops general says
▼ + stars: | 2023-11-01 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +6 min

Russia has taken hundreds of thousands of casualties since attacking Ukraine last year. Thanks to its information operations, Kyiv has helped take 17,000 Russians off the battlefield without even firing a shot, according to the head of US Army Special Operations Command. "Messaging has played a huge role just in the tactical and operational sense" in Ukraine, Braga said at the Association of the US Army's annual conference in October. During the Cold War, the KGB used information operations as part of a larger "active measures" campaign to subvert the West and undermine NATO. In the US special-operations community, the Army's Psychological Operations Groups and the Civil Affairs Brigade do most of the work when it comes to information operations and shaping the narrative.

Persons: —, Vladimir Putin, Valya, Jonathan Braga, Braga, We've, You've, Arkady Budnitsky, " Braga, it's, Kyiv's Organizations: Service, Russian, US Army Special Operations Command, Navy, Getty, Association of, Anadolu Agency, Kremlin, NATO, Keyboard, US Army, Psychological, Groups, Civil Affairs Brigade, Army Special Forces Locations: Russia, Ukraine, Russian, Europe, Kyiv, St . Petersburg, Rostov, Mackall, North Carolina, China

☆ Ukraine official says it can't properly use its Western kit because it has so few soldiers left, report says
▼ + stars: | 2023-10-31 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +2 min

The lack of soldiers means Ukraine isn't able to make proper use of Western-provided gear, he said. As well as suffering casualties, many Ukrainian men are trying to escape enlistment. AdvertisementAdvertisementAlthough Ukraine doesn't give public figures, Western estimates suggest it has suffered in excess of 100,000 casualties. Under the current legal regime of martial law , Ukrainian men aged 18 to 60 are not supposed to leave. This is not the first time the Ukrainian army has faced personnel shortages.

Persons: —, Volodymyr Zelenskyy, Ukraine doesn't, Andriy Demchenko Organizations: Time, Service, State Border Guard, AFP Locations: Ukraine, Romania, Kyiv

☆ Russia and Ukraine are fighting the kind of drone war the US military has been worrying about, and it's scrambling to prepare for a future that's already here
▼ + stars: | 2023-08-31 | by ( Christopher Woody | Jake Epstein | ) www.businessinsider.com time to read: +14 min

The scale of the drone war in Ukraine is one of the most striking features of the conflict. "ISIS figured out how to arm their drones and attack us either with 'kamikaze' explosive-laden drones or drones that dropped" modified munitions, Townsend said. Soldiers with the 5th Battalion, 4th Air Defense Artillery Regiment train on an Avenger air-defense system in in July. In 2018, the Army reactivated the 5th Battalion, 4th Air Defense Artillery Regiment, returning a short-range-air-defense capability to Europe. AdvertisementAdvertisement"The war is showing how much [drones are] here and are affecting the war every day.

Persons: Ukraine isn't, Mara Karlin, wasn't, Karlin, that's, John Moore, Stephen Townsend, Townsend, Frank McKenzie, MAHMOUD TAHA, I've, Syria —, Richard Clarke, Clarke, Tom Karako, " McKenzie, McKenzie, Maj, Sean Gainey, Gainey, FADEL SENNA, Douglas Bush, Bush, they've, Col, Michael Parent, Narciso Contreras, Parent Organizations: Pentagon, Service, Defense Writers, US Marine, US Army, US Africa Command, ISIS, Getty, Army, US Special, Command, Aspen Security Conference, Missile Defense, Center for Strategic, International Studies, Patriot, —, US Air Force, Congressional Research Service, 5th Battalion, 4th Air Defense Artillery Regiment, Spc, Yesenia, Asymmetric Warfare Group, Battalion, Stryker, Washington DC, Marine Corps, US Army Yuma, US, Anadolu Agency, Pacific . The Defense Department Locations: Ukraine, Wall, Silicon, Armenia, Azerbaijan, Afghanistan, Iraq, Mosul, Syria, Homs, Europe, Washington, Russian, Kyiv, Russia, Lviv Oblast, China, Pacific

☆ Russia's war in Ukraine has apparently come home again, this time with drones striking skyscrapers in the capital
▼ + stars: | 2023-07-24 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

The attack was reportedly carried out by Kyiv and came after unrelenting Russian attacks on southern Ukraine with drones and missiles increasingly targeting the country's grain infrastructure. Russia's Ministry of Defense said it "foiled" the early Monday morning attack on Moscow, which it blamed it on Ukraine. Photographs of the scene show damage to the roof of an unidentified building, which is located just a few hundred meters from the Russian defense ministry's headquarters in the capital. A view of a building after two Ukrainian unmanned aerial vehicles (UAVs) attack in Moscow, Russia on July 24, 2023. Ukraine's defense ministry said on Monday that Russian drones attacked grain infrastructure along the Danube River, injuring several people and destroying food storage facilities.

Persons: Vladimir Putin's, Sefa Karacan, Mykhailo Podolyak, Putin, ALEXANDER NEMENOV, Biden, Vedant Patel, Patel, EKATERINA ANISIMOVA, Volodymyr Zelenskyy Organizations: Service, Russia's Ministry of Defense, TASS, Windows, CNN, Kyiv, Anadolu Agency, Getty, Presidential, Twitter, Police, Wagner, White, US State Department Locations: Moscow, Ukraine, Russia, Wall, Silicon, Kyiv, Russian, Ukrainian, Russia's, Ukraine isn't, AFP, Crimean, Odesa

☆ Mike Pence meets with Volodymyr Zelenskyy in surprise trip to Ukraine
▼ + stars: | 2023-06-29 | by ( Dasha Burns | Abigail Brooks | ) www.cnbc.com time to read: +5 min

Pence has been outspoken about his support for Ukraine, and the move sends a resounding message that he believes the U.S. should play a leading role in the country's fight against Russia. Former Vice President Mike Pence made a surprise visit to Ukraine on Thursday, becoming the first Republican presidential candidate to meet with Ukrainian President Volodymyr Zelenskyy during the campaign. One of Zelenskyy's top advisers, Mykhailo Podolyak, said Pence "understands absolutely clearly what Russia is." The future of U.S. support for the Ukrainian war effort is in question, and the voters Pence is trying to woo in the Republican primary aren't eager to aid the country. And the GOP front-runner in the polls, former President Donald Trump, initially praised Putin when he invaded Ukraine, saying he was "very savvy."

Persons: Pence, Moshchun, Irpin, —, Vladimir Putin, Wagner, group's, Mike Pence, Volodymyr Zelenskyy, Mykhailo Podolyak, Podolyak, we've, they've, it's, Ronald Reagan, Reagan, Ron DeSantis, Putin, Donald Trump, Trump Organizations: NBC, Ukraine, Russia, GOP, Republican, NBC News, Republicans Locations: —, Irpin, U.S, Ukraine, Kramatorsk, Russia, United States, Russian, Soviet Union, Florida

☆ Russian troops still build battlefield defenses like they did in World War II, and it's one of their rare successes in Ukraine, experts say
▼ + stars: | 2023-06-22 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Russian troops have spent the past several months constructing intricate fortifications in Ukraine. Ukrainian troops now have the tough task of fighting their way through those trenches and barriers. Current Russian fortification doctrine has seen "little methodological change" since the Cold War, according to the RUSI report. BEN STANSALL/AFP via Getty ImagesClearing minefields is difficult because Russian mines have multiple triggers and anti-tampering devices. In addition, Russia did not sign the 1997 Ottawa Treaty banning anti-personnel mines, which has allowed its forces to "freely utilize victim-initiated" anti-personnel mines, RUSI said.

Persons: —, Doce, BEN STANSALL, Ukraine isn't, Dominika Zarzycka, RUSI, Obama, Trump, Biden, Michael Peck Organizations: Service, Red Army, Britain's Royal United Services Institute, Technologies, Russian, REUTERS, Bradley, Getty, US, Pentagon, Defense, Foreign Policy, Twitter, LinkedIn Locations: Ukraine, Stalingrad, Velyka Blahovischenka, Kherson Oblast, Russia, Luhansk, Crimea, Posad, Kherson, Ukrainian, England, AFP, Russian, Finland, Nemishaieve, Bucha, Ottawa, North, South Korea, Forbes

☆ The clever strategic reason Ukraine isn't using heavy NATO weaponry – yet
▼ + stars: | 2023-06-14 | by ( Alfred Hackensberger | ) www.businessinsider.com time to read: +6 min

So far done this without using a ton of NATO weapons. One Ukrainian General Staff member even compared it to a game of chess, where you're trying to lure out the enemy and their reinforcements. So why is Kyiv going easy on the NATO weapons and not fully flexing their military muscle? So, it looks like the Ukrainian General Staff is taking it slow, launching attacks with relatively small units and limited gear. Two of these U.S. aircraft already made a cameo in a video produced by the Ukrainian forces for their offensive.

Persons: it's, —, they've, George Barros, Ben Hodges, Nobody's, Stryker, Marder, They're, Stefan Korshak, Andrij Sybiha, General Hodges, Nobody Organizations: Service, NATO, Institute for, Ukrainian, Staff, Centre for, British Challenger, U.S, Stryker, Presidential Administration, Washington Locations: Ukraine, Russia, U.S, Europe, Sweden, Zaporizhzhia, Lyssychansk, Russian, Kharkiv, Ukrainian

☆ Ukraine posts video it says shows its special forces in Bakhmut, undermining Russia's claim to control the city
▼ + stars: | 2023-05-22 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Ukraine is pushing back against Russian claims to have seized Bakhmut after months of slaughter. For months Russia has been seeking to seize control of the city in east Ukraine. In a video posted on Telegram, the Ukrainian special forces showed a unit of its fighters apparently walking through the devastated city. On Sunday, Russia's defense ministry endorsed a claim by Yevgeny Progozhin, commander of the Wagner mercenary group, to have seized seized control of the city. Ukrainian military sources told outlets including the BBC that Ukrainian forces still controlled buildings on the outskirts of the city.

☆ Ukraine is betting big on a bloody battle for a ruined town, but the gamble could break its ability to drive Russia back
▼ + stars: | 2023-03-21 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +8 min

The bloody battle of Bakhmut continues to wage as Russia and Ukraine both face mounting losses. Ukrainian losses in Bakhmut could hinder a more strategically critical counteroffensive in the future. Yet, despite the resources committed to the battle from both sides, Bakhmut remains a minimally-important city, strategically speaking. "The best estimates we have are that the Russian military and Wagner Group are a spent force," D'Anieri said. A tank carrying Ukrainian soldiers who have returned from the frontline passes along a street in Chasiv Yar, Ukraine.

☆ A failed war helped bring down the Soviet Union. Now Putin's failing war in Ukraine might set Russia up for a bleak future.
▼ + stars: | 2022-11-09 | by ( Joy Neumeyer | ) www.businessinsider.com time to read: +13 min

The Soviet Union's war in Afghanistan and Russia's current war in Ukraine have obvious similarities in their disastrous planning and execution. In the 1990s, Afghanistan veterans' sense of aggrievement fused with that of veterans returning from Boris Yeltsin's war in Chechnya. Putin's war, Russia's futurePutin meets soldiers at a military training center outside the town of Ryazan in October. While glasnost-era revelations about the Soviet war shocked the country into supporting withdrawal, these days there is little left to expose. Public self-criticism surrounding the Soviet war in Afghanistan, however brief and contested, shows that reassessment of imperial ambitions is possible.

☆ Jim Cramer: The tech tyranny is over. These are the stocks driving this market
▼ + stars: | 2022-10-30 | by ( Jim Cramer | ) www.cnbc.com time to read: +7 min

The money went to the stocks of companies who buy their shares in the open market the way Silicon Valley issues it. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ Mysterious fires and explosions at sensitive Russian sites are hints of a hallmark mission for special-operations units
▼ + stars: | 2022-09-26 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +6 min

Some may be the work of Russians opposed to Putin; others show signs of military special operations. In a matter of a days this month, Ukrainian forces managed to liberate more territory than the Russian military captured and held over six months of war. For months now, sensitive sites and important facilities throughout Russia have been hit by mysterious fires and explosions, hinting at a sabotage campaign that is the hallmark of special-operations forces. Smoke and flames rise at a Russian military base in Crimea after explosions there on August 9. Stavros Atlamazoglou is a defense journalist specializing in special operations, a Hellenic Army veteran (national service with the 575th Marine Battalion and Army HQ), and a Johns Hopkins University graduate.

☆ The US pledged to 'defend every inch of NATO territory' after Russia's invasion of Ukraine. So which countries does that include?
▼ + stars: | 2022-02-25 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +10 min

The US and NATO pledged to protect "every inch of NATO territory" amid Russia's assault on Ukraine. "Our forces are not going to Europe to fight in Ukraine, but to defend our NATO allies." But Ukrainian President Volodymyr Zelensky has appealed directly to NATO members in the year since Russia's invasion — a plea, he said, that was initially met with silence. Allowing Ukraine to join NATO at the current moment would require all NATO members to come to Ukraine's immediate defense, prompting near-global war against Russia. Here is a full list of NATO members and the year they joined the organization:

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