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☆ Take a look at the 'Mighty Dragon,' China's $120 million stealth fighter meant to rival the US Air Force's fifth-gen jets
▼ + stars: | 2024-05-17 | by ( Marielle Descalsota | Lauren Frias | ) www.businessinsider.com time to read: +1 min

The Chinese jet has drawn comparisons to the F-35 since the jets were locked in military encounters in 2020. The Chengdu J-20 and the Lockheed Martin F-35. Ju Zhenhua/Xinhua/Getty Images; rancho_runner/iStock /Getty Images PlusThe F-35 jet was introduced to the US military in July 2015. There are three variants of the jet: the conventional takeoff and landing F-35A, the short takeoff and vertical landing F-35B, and the carrier-based F-35C. Lockheed Martin touts the F-35 as the "most advanced fighter jet in the world," with very low observable stealth, advanced sensors, information fusion, and network connectivity.

Persons: Lockheed Martin, Ju Zhenhua, Kenneth Wilsbach, Wilsbach Organizations: Lockheed, Getty, US Air Force, China Morning Post, US Pacific Air Forces Locations: Chengdu, Xinhua, East

☆ US Air Force's F-22 Raptors lost to German Eurofighters in mock dogfights, but the verdict on the superior jet isn't as simple
▼ + stars: | 2024-05-14 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +29 min

German Air Force Eurofighter Typhoon fighter jets fly during a media day. Piroschka van de Wouw/ReutersDespite their generational differences, the F-22 Raptor and Eurofighter Typhoon actually have a number of things in common. A German air force Eurofighter Typhoon taxis toward the runway at Eielson Air Force Base in Alaska before departing for a combat-training mission, June 11, 2012. So what's the verdict between the F-22 Raptor and Eurofighter Typhoon? A composite image showing a German air force Eurofighter Typhoon jet and a US Air Force F-22 Raptor.

Persons: …, Valerie R, David Cenciotti's, Piroschka van de Wouw, it's, Randy Gordon, Sam Eckholm, doesn't, Rich Wells, Thomas Wiegold, John P, Michael Holzworth, It's, Marc Gruene, haven't, Gruene, isn't, Jens Stoltenberg, Bernd Wüstneck, Eurofighters, Chris Jung, That's, Eric Wicklund, Erich Hartmann, He's, Alex Muller, Andreas Pfeiffer, who's, Thomas Bergeson, Wade Tolliver, we're, Dirk Smith, Mike, Bertie Simmonds, Micheal Jordan, Chesty Puller Organizations: Service, EA, German Eurofighter Typhoons, Business, Eurofighter, Spangdahlem Air Base, US Air Force, Tactical Air Force, America's Raptors, BFM, Germany's Eurofighter, Farnborough, Air, Germany's, German Air Force Eurofighter, Reuters, Typhoon, MIT, RAF, Breaking Defense, AIM, Air Force, Staff, Raptors, Eielson Air Force Base, Tech, Germany's Air Force, Combat Aircraft, TVC, Raptor, NATO, Tactical Air, Getty, Typhoons, Seoul International Aerospace, Defense, Eurofighters, 4th, US Navy, KC, Red Flag, Navy SEAL, ISIS, Qaeda, Flag, FS, Eurofighter Typhoon Locations: Germany, Alaska, Red, Estonia, Vietnam, Flag Alaska, gun's, American

☆ Retail sales are likely to be soft heading into Q2, says Federated Hermes' Phil Orlando
▼ + stars: | 2024-05-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetail sales are likely to be soft heading into Q2, says Federated Hermes' Phil OrlandoPhil Orlando, Federated Hermes chief equity market strategist, joins 'Power Lunch' to discuss the likelihood of a stealth rally and the economic read progressing through the second quarter.

Persons: Federated Hermes, Phil Orlando Phil Orlando Organizations: Federated, Federated Hermes

☆ Could your buy now, pay later loans affect your credit score? Here's what you need to know
▼ + stars: | 2024-05-10 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

But there's one place they're notable absent: your credit report. Earlier this year, Apple became the first major BNPL provider to start reporting all user account information to a credit reporting agency. Providers including AfterPay, Affirm and Klarna already report some loans to the credit bureaus and experts say more are likely to follow, paving the way for a consumer's BNPL history to factor into their credit history and ultimately their credit score. (One of the main aspects of a credit score comes down to your history of paying bills on time.) When BNPL credit reporting could sting

Persons: Klarna, Liz Pagel, BNPL, Wells, Tim Quinlan, Ethan Dornhelm, TransUnion's, Silvio Tavares, Tavares, Pagel Organizations: Apple, Adobe Analytics, CNBC, Finance Locations: TransUnion, Wells Fargo

☆ A US ally is forging ties with China's air force but probably won't get its J-20 stealth fighter
▼ + stars: | 2024-05-08 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

The UAE is boosting ties with China's air force. Major General Saleh Mohammed bin Mejren Al Ameri, commander of the UAE's Joint Operations, met with the commander of China's People's Liberation Army Air Force on April 23 to promote closer air force cooperation. Another even speculated Abu Dhabi may eventually seek China's premier stealth fighter: the fifth-generation J-20 Mighty Dragon. I don't see this relationship developing into something similar to what the UAE Air Force has with France or even Russia anytime soon." Furthermore, the Emirati air force fighter fleet is already large for such a small country, making it unlikely the L-15s will serve any combat role.

Persons: —, General Saleh Mohammed bin Mejren Al Ameri, China's, Abu Dhabi, Abu, Abu Dhabi's, Ahmed Aboudouh, Aboudouh, Washington's hesitance, Fred Tanneau, Sebastien Roblin, Roblin, haven't, Russia's Su, Robin Organizations: Service, United, Liberation Army Air Force, Dassault Rafales, Chatham House, China Studies Unit, Emirates Policy Center, Rafale, Dassault Aviation, UAE Air Force, UAE, China hasn't, FC, Korea's KF, UAE . The Emirates, KF Locations: UAE, Washington, Beijing, United Arab Emirates, China, United States, Abu Dhabi, UAE's, France, Abu, Russia, Saudi, Pakistan, Ukraine

☆ How Shruti Gandhi, a solo venture capitalist with 15 exits in 5 years, went from underestimated to unstoppable
▼ + stars: | 2024-05-06 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

Shruti Gandhi has a simple rule for meeting founders: She only takes the meeting if she wants to invest. Being the solo general partner of her firm, the early-stage outfit Array Ventures, also means she can get deals done quickly. Over the past five years, she's returned most of her maiden $7 million fund to limited partners at a net multiple of almost four. For founders, by foundersThe founders Gandhi has backed like working with her because of her technical chops and hands-on approach. We will back you if you raise a fund,'" Gandhi said.

Persons: Shruti Gandhi, Gandhi, Nikhil Teja Kolli, Kolli, she's, wasn't, Dumbledore, Harry Potter, Champ Bennett, Zimperium's Zuk Avraham, Mehul Nariyawala, Google —, Doktor Gurson, Gurson Organizations: Ventures, Business, PayPal, IBM, Columbia University, True Ventures, Samsung, Google, University of Chicago Booth School of Business, Rad Locations: India, Poughkeepsie , New York, She's

☆ How former Slack and Twitter executive April Underwood used angel investing to create a career in venture capital
▼ + stars: | 2024-05-06 | by ( Leena Rao | ) www.businessinsider.com time to read: +5 min

That entrepreneurial, technology-focused spirit has driven Underwood to an illustrious career at some of the industry's biggest companies, including Google, X, Slack, and Intel. As she built products at these tech giants, Underwood quietly invested in over 50 startups, including the genetics-testing unicorn Color and the cap-table giant Carta. Underwood began investing while at X, then called Twitter, where she was the company's director of product. Shortly after, #Angels was born, the investment collective cofounded by Underwood, Verrilli, Jana Messerschmidt, Chloe Sladden, Katie Stanton, and Vijaya Gadde. Since 2015, the group has backed over 100 startups, including Forward, Clubhouse, Instacart, Material Security, and Airtable.

Persons: Underwood, she'd, Slack, Jessica Verrilli, who'd, Stewart Butterfield, Cal Henderson, Ev Williams, Jack Dorsey, Verrilli, Jana Messerschmidt, Chloe Sladden, Katie Stanton, Vijaya Gadde, you've, I've, they've Organizations: Amarillo College, Business, Google, Intel, GV, Cue, Twitter, Health, Security, Slack Locations: Amarillo , Texas, Amarillo, Termina, San Francisco

☆ Man Behind California Forever, Silicon Valley's City of the Future
▼ + stars: | 2024-05-05 | by ( Hugh Langley | Adam Rogers | ) www.businessinsider.com time to read: +29 min

He sees California Forever. And if he can't undo the damage, there may never be a California Forever. California Forever may be a subdivision, but it's precisely the kind of subdivision America needs right now. But here's the thing: California Forever may be a subdivision, but it's precisely the kind of subdivision America needs right now. Places like California Forever aren't being opposed by the people who are desperate for a place to live.

Persons: Jan Sramek's, Goldman Sachs, Sramek, Reid Hoffman, Laurene Powell Jobs, Marc Andreessen —, They've, Christie Hemm, Peter Thiel, Jan Sramek, Jan, Thiel, Goldman, CheatSheet, Sramek's, hadn't, Jonas Rave, who's, —, Guy Saidenberg, Evernote, Marc Andreessen, Jane Jacobs, He's, he'd, Robert Moses, growth.y Christie Hemm, Flannery, Bronson Johnson, David George, Andreessen Horowitz, Marilyn Farley, Farley, Solano County's, Kathleen Threlfall, Bill Mortimore, California Forever's, Jessica Christian, he's, Lyle Lanley, Solano, Sam Houston, weren't, Gabriel Metcalf, You've, John Garamendi, Garamendi, isn't, they'll, latte, Christie, Travis, I've, aren't, They're Organizations: Silicon, California, BI Development, University of Cambridge, London School of Economics, Party, Rising Star, Facebook, York, Sramek's, BI Sramek, Google, American, Planners, Sacramento -, Travis Air Force Base, Area, titans, Farmers, councilwoman, California Forever, Sacramento Municipal Utility District, Air Force, Flannery Associates, Disney, San Francisco, Vallejo Naval, Historical Museum, Rep, BI, Solano, Sierra, Goldman Locations: San Francisco, It's, Sramek, California, Rio Vista, Solano County, Napa, Sacramento, Silicon Valley, America, London, Zurich, England, Czech Republic, Dřevohostice, York, British, Eastern Europe, Cambridge, Bay Area, Hayes Valley, America's cutest, Atlanta, Phoenix, Copenhagen, Barcelona, New York, Sacramento - San Joaquin, San Francisco Bay, Lake Tahoe, Toledo , Ohio, Silicon, Google's, Toronto, Big Tech, China, Calif, Springfield, Vallejo, He's, Atherton, Foreverville, Fairfield, Austin, Solano, Valley, Europe

☆ China has a lot more missiles — with US warships and bases in its sights
▼ + stars: | 2024-05-04 | by ( Chris Panella | ) www.businessinsider.com time to read: +18 min

American warships and bases in the Pacific are within reach of an increasingly worrying threat, a missile force unlike anything the US has faced in combat. With these missiles, China is signaling that it could attack US bases and ships in the region with little to no warning, Clark said. TK Department of DefenseThere's a lot more to the Chinese Rocket Force than these weapons, though. AdvertisementThat said, the US and its allies can't afford to assume the Rocket Force won't be ready should conflict come. In other words, how the US prepares itself and adapts to the Chinese Rocket Force gives it the best shot at avoiding a fight altogether.

Persons: China's, Andersen, Thomas Shugart, Bryan Clark, John Aquilino, Kevin Frayer, Harry Harris, Harris, Clark, Shugart, Gerald R, Kendall Warner, Byrd, US Defense Department Harris, Robert Peters, Peters, Ronald Reagan, Andrea Rosembert, Cpl, Ryan Little, Charles Flynn, I'm, Flynn, it's, Andy Wong Organizations: Business, Army Rocket Force, Pentagon, China's Rocket Force, Department of Defense TK Department of Defense, Center, New, New American Security, US Navy, PLA, Hudson Institute, Pacific Command, People's Liberation Army Rocket Force, Eastern Theater Command, People's Liberation Army PLA, Getty, Rocket Force, Liberation, TK Department of Defense, Chinese Rocket Force, US Defense Department, Ford, Virginian, Tribune, Service, Japan, Self, Defense Force, Misawa Air Base, Pacific, US, Defense, Aegis Ballistic Missile Defense, Army, Heritage Foundation, Aegis, Guam, Area, Ronald, Ronald Reagan Ballistic Missile Defense, Department of Defense, US Air Force, Marine Corps, Andersen Air Force Base, Marine, Combat, US Army Pacific, Stealth, Force, Military Locations: Beijing, China, American, Guam, South, Washington, Japan, New American, People's Republic of China, South Korea, Taiwan, South China, AFP, U.S, Marshall, Pearl, Pacific, PLARF, Tiananmen

☆ Markets worry Treasury yields could jump back to levels that sparked chaos last October
▼ + stars: | 2024-05-04 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

The benchmark 10-year Treasury yield is hovering below levels that caused a massive crash last fall. Yet, persistent inflation and weak Treasury auctions could boost yields past the 5% mark. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. That's why Treasury auctions have become attention-grabbers for markets, as investors watch to see if there are enough willing buyers. The dangers of 5%When 10-year yields broke through the 5% mark last fall, traders panicked and the S&P 500 nosedived nearly 6% from October's peak-to-trough.

Persons: —, That's, Treasurys, Bill Gross, Ed Yardeni, Eric Sterner, Yardeni, hasn't, they're, Goldman Sachs, Sterner Organizations: Service, Treasury, Business, Treasury Department, Federal, Yardeni Research, Investment, SEI, Apollon Wealth Management

☆ 'The Circle' used an AI player to create a bot witch hunt — and soon, we might all be defending our humanity online too
▼ + stars: | 2024-05-04 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +6 min

Max is the first AI contestant on "The Circle" — he's literally a chatbot. Max is pretty boring, but having an AI in the game turned it into a robot witch hunt. But bringing an AI player into the mix reflects some of the future online trials we're likely to face — and some that are already happening. Netflix"The Circle's" AI player is Max, a chatbot masquerading as a 26-year-old veterinary intern from Wisconsin who describes himself as an "animal whisperer with a knack for making bad pottery, no cap." AdvertisementMaybe the funniest part about Max is that they gave him his own apartment, complete with throw pillows of his human face.

Persons: Max, —, Asimov, Lauren doesn't, He's, Griffin James, who's, Pippa, Steffi, Stephanie, Hill, OpenAI, Alistair Barr, Katie Notopoulos, I'm, Myles Organizations: Service, Netflix, Washington Post Locations: British, Wisconsin

☆ CNN gets a rare look at the Iranian missiles and drones that hit Israel
▼ + stars: | 2024-05-01 | by ( Fred Pleitgen | ) edition.cnn.com time to read: +7 min

But he’s more than happy to show the missiles and drones Iran used in its first ever attack against Israel launched directly from Iranian soil. Iran’s attack on Israel included drones, ballistic missiles and cruise missiles. “NATO, The United States and Arab countries of the region wanted to create barriers for our drones, missiles and cruise missiles, but they failed,” Belali says. Israel Defense Forces (IDF) spokesperson Daniel Hagari said that ballistic missiles that reached Israel fell on the airbase and caused only light structural damage. Shahed attack drones on an unmarked truck at an Iranian Revolutionary Guards exhibit in Tehran, Iran on May 1, 2024.

Persons: Tehran CNN —, ”, General Ali Belali, ” Belali, Israel, Belali, Jordan, Fred Pleitgen, Daniel Hagari, John Krzyzaniak, Lockheed Martin Organizations: Tehran CNN, Revolutionary Guard, Islamic, Israel, CNN, Iranian Revolutionary Guards, Revolutionary Guard Aerospace Forces, NATO, Israel Defense Forces, Washington, Wisconsin, Control, ISIS, Lockheed, CIA, Guards Locations: Tehran, Islamic Republic, Israel, Iran, Damascus, Gaza, Iraq, France, United States, Washington ,, Syria, Kurdish, American, Afghanistan, Ukraine, Russia, Moscow

☆ How China's J-20 Stacks up to USA's F-22 Fighter Jet
▼ + stars: | 2024-05-01 | by ( Erica Star Domena | ) www.businessinsider.com time to read: 1 min

The US claims China stole American tech to make a copycat of the F-22 Raptor, known as the J-20 Mighty Dragon. We compare the stealth, accuracy, and radar technology of the two fighter jets. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?

Organizations: Business Locations: China

☆ Israel's strike showed Iran's air defenses were 'woefully unprepared.' Here's what Tehran may do next.
▼ + stars: | 2024-04-29 | by ( Paul Iddon | ) www.businessinsider.com time to read: +6 min

The incident in the city of Isfahan may force Tehran to upgrade its air defenses, possibly from more advanced Russian systems, to defend itself from the possibility of larger Israeli missile attacks. While Iranian air defenses failed to stop Israel's strike they have hugely improved in recent years. AdvertisementThe S-300PMU-2 is the most advanced air defense system Iran has acquired from Russia. "In practice, this could go either way, depending on the amount of Israeli missiles that would be hypothetically launched and from where." AdvertisementKhoueiry anticipates that early detection by Iranian air defenses could give these Iranian-made systems "more chances" against Israeli missiles.

Persons: —, Israel, Arash Azizi, Azizi, Freddy Khoueiry, RANE, Khoueiry, Jalaa Marey, Clemson University's Azizi, It's, it's Organizations: Service, Israeli, Economist, Business, Clemson University, Iran's, Rampage, Clemson, Moscow, Russian Locations: Iran, Russian, Isfahan, Tehran, Russia, Israel, Britain, East, North Africa, Iraq, Afghanistan, Israeli, Lebanon, it's, Ukraine, Moscow

☆ Chinese scientists want to use lasers to power ultrafast, stealthy submarines. A laser expert says there's a major flaw in their plan.
▼ + stars: | 2024-04-28 | by ( Polly Thompson | ) www.businessinsider.com time to read: +6 min

Chinese researchers say they have made a breakthrough in laser propulsion technology that could one day be used on submarines and missiles. A laser propulsion expert at McGill University told Business Insider they see flaws in the claims. Rather than relying on nuclear or battery power, the scientists say they have found a way to use lasers to propel submarines — known as underwater laser propulsion. This technology has already been used in Russian Shkval torpedoes since the 1970s, using rocket exhaust rather than laser power. "The average overall thrust is low and the jet power cannot exceed the power supply of the laser."

Persons: —, Yang Ge, Xulong Yang, Ge Yang, Andrew Higgins, Higgins Organizations: McGill University, Business, Service, Submarines, China's Harbin University, China Morning Post, NASA, Harbin University, China Defense Locations: China, Sinica, torpedos

☆ North Korea claims it tested new command-and-control system in simulated nuclear counterstrike
▼ + stars: | 2024-04-23 | by ( Brad Lendon | ) edition.cnn.com time to read: +4 min

Seoul, South Korea CNN —North Korea claims it tested a new nuclear weapons command-and-control system Monday, with the firing of projectiles carrying simulated nuclear warheads from multiple rocket launcher units. North Korea has tested both the rocket launcher system and a simulated nuclear counterstrike before, according to analysts, but KCNA said Monday’s exercise was the first time the “Haekbangashoe” – or nuclear trigger – command-and-control system was used, demonstrating what it claimed was an ability to switch rocket launchers from conventional to nuclear weapons. Though the regime’s true capabilities have not been independently verified, a 2017 report from the US Defense Intelligence Agency concluded North Korea had likely achieved its key goal of miniaturization. Images supplied by North Korea Monday showed four rockets being launched, with KCNA saying they hit targets on an island 352 kilometers (218 miles) away. The US-South Korea exercise has “incited extreme war fever” and cannot be classified as defense or deterrence, the KCNA report said.

Persons: Kim Jong Un, KCNA, Kim, ”, Jeffrey Lewis, James Martin, Joseph Dempsey, ” Dempsey, Kim ramped Organizations: South Korea CNN, Korean Central News Agency, James, James Martin Center, Nonproliferation Studies, International Institute for Strategic Studies, US Defense Intelligence Agency, miniaturization, North Korea, Korea’s, Chiefs, Staff, Korea, US Air Force Locations: Seoul, South Korea, Korea, United States, North Korea, denuclearization, Washington, U.S

At stake is the role of a wide spectrum of players, from fintech firms to card companies and established banks. Walmart's Fintech startup One is now offering BNPL loans in Secaucus, New Jersey. Buy now, pay later has gained popularity with consumers for everyday items as well as larger purchases. A Capital One Walmart credit card sign is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019. Meanwhile, Walmart said last year when its lawsuit became public that it would soon announce a new credit card option with "meaningful benefits and rewards."

Persons: Joe Raedle, Goldman Sachs, Omer Ismail, Hugh Son, BNPL, Jason Mikula, Amazon's, Karma, John Furner, John David Rainey, Dot, " Rainey, Rainey, Morgan Stanley, Walmart's, Yichuan Cao Organizations: Walmart, Getty, CNBC, New Jersey Walmart, Apple, Electronics, Adobe Analytics, Bank of Walmart, Robinhood, Walmart U.S, Coastal Community Bank, Capital, PayPal Locations: Hallandale Beach , Florida, Bentonville , Arkansas, Manhattan, Secaucus , New Jersey, New Jersey, U.S, Mountain View , California, United States

☆ The Pentagon is 'not really' worried about China's new H-20 stealth bomber, defense official says
▼ + stars: | 2024-04-23 | by ( Ella Sherman | ) www.businessinsider.com time to read: +4 min

A US defense official downplayed the threat of China's new Xi'an H-20 bomber. AdvertisementChina's new bomber, the Xi'an H-20, is intended to rival America's new stealth bomber, but a US defense official told reporters on Monday it's "not really" a concern. A B-2 Spirit takes off for Red Flag-Nellis 24-1 training at Nellis Air Force Base on Jan. 16. A former US Air Force commander said previously that it wasn't "anything to lose a lot of sleep over." The Pentagon unveiled a new stealth bomber in 2022 that is currently in production and will eventually replace B-1 and B-2 fleets.

Persons: —, it's, William Lewis, It's, Wang Wei, David Swanson, Northrop Grumman Organizations: Service, Breaking Defense, Flag, Nellis, Nellis Air Force Base, US Air Force, Liberation Army Air Force, Hong, Hong Kong Commercial Daily, China Aviation Industry Corporation, Northrop, Air Force, United States Air, REUTERS, Pentagon Locations: Xi'an, Jan, China, Hong Kong, Palmdale , California, U.S

☆ Turkey may soon put its controversial Russian S-400 air defenses in operation
▼ + stars: | 2024-04-22 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

Turkey may deploy its Russian S-400 Triumf air defenses on the Iraqi border. Turkiye newspaper reported earlier this month that Turkey's S-400s may be deployed on the border, implying it will defend against drones allegedly acquired by the PKK. Since then, there has been no indication that Turkey's S-400s have been put into operation. "However, Turkey may use the potential threat of Iran-linked militia groups or PKK as a pretext to deploy S-400s." "Such a goal was unattainable and unrealistic given the extent of Turkey's integration into the NATO defense system," Ozeren said.

Persons: —, Hulusi Akar, Ali Bakir, Bakir, Suleyman Ozeren, Ozeren, Recep Tayyip Erdogan's, State Victoria Nuland Organizations: Service, Kurdistan Workers ' Party, PKK, Defense, Ibn Khaldon, Security Initiative, Business, Northern, American University, Orion Policy Institute, NATO, State Locations: Turkey, Russian, Israel, Iran, Iraqi Kurdistan, Ankara, Washington, Turkish, Qatar, Northern Iraq, Turkey's, Iraq, Moscow, Russia, NATO

☆ This AI startup that helps stores catch shoplifters just bagged $1.5 million in pre-seed funding without using a pitch deck
▼ + stars: | 2024-04-22 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

MokSa.ai uses general-use models and customizes them to detect suspicious activity at store locations. The company also pays college interns in India to watch footage for suspicious activity and annotate it — a process called data labeling. The dashboard shows reports of suspicious activity at a glance. MokSa.aiThe Android of the surveillance marketBefore MokSa.ai, Kolli worked as a quality manager at a company producing parts for high-speed rails. While these two tout their abilities to detect suspicious activity and send alerts, they both require customers to use their cameras and sensors.

Persons: —, Nikhil Teja Kolli, Kolli, Jay Farner, MokSa.ai, MokSa.ai Kolli, Shruti Gandhi, Gandhi, It's Organizations: Service, Business, Array Ventures, Quicken Loans, The Fund, Ventures, Royal Ozarks Locations: Kansas, India, Detroit

☆ Bitcoin's next gen tokens are here. Inside the Silicon Valley hacker house where 17 coders helped build the new memecoin market
▼ + stars: | 2024-04-22 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +10 min

Magic Eden coders gathered in an Airbnb in San Jose, California, to hack in preparation for the so-called bitcoin halving. Their goal was to spend a week hacking to prepare for the so-called bitcoin halving — an event that is baked into the chain's code and helps to stave off inflation through programmatic monetary policy. watch nowTechnically speaking, runes just enables asset issuance of fungible tokens on bitcoin's base chain. The reason this is significant to developers is because of its efficiency relative to existing BRC-20 tokens, bitcoin's widely-used fungible token standard that has already received a ton of traction. "There's definitely been an awakening of capital interest in the bitcoin layer two space," said Muneeb Ali, who co-founded Stacks — an open-source blockchain network that brings smart contracts to bitcoin.

Persons: Eden coders, Amil Husain, Magic Eden, Bitcoin, Eden's, Zedd Yin, Eden's coders, Yin, blockchain, Casey Rodarmor, Rodarmor, Casey, Nic Carter, Bill Barhydt, bitcoin, Barhydt, I've, Carter, PitchBook, There's, Muneeb Ali, Ali, Christopher Calicott, Amil Husain DeFi, Hong Fang, Fang, Goldman Sachs, Stacks's Ali Organizations: East Foothills, Fighter, Engineers, solana, Island Ventures, Venture, CNBC, Magic Eden, Austin, Trammell Venture Partners, Labs, Ribbit Capital Locations: San Jose , California, U.S, Northern California, solana, ethereum, Abra, bitcoin, San Jose, Bitcoin

☆ How cellphones can get you killed on the modern battlefield, according to a US Army officer
▼ + stars: | 2024-04-21 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

A US Army officer said military trainers had warned soldiers of the dangers of cellphone use. Ukraine has used Russian soldiers' cellular data to locate and target their positions. But they are also potentially lethal for the soldiers carrying them, a US Army officer has said. Maj. Gen. Curtis Taylor told Jack Detsch, a reporter at Foreign Policy, that Army trainers had been warning soldiers about the dangers of taking cellphones on operations. Russian sources claim 89 soldiers were killed in the strikes, while Ukraine put the number at around 400.

Persons: —, Curtis Taylor, Jack Detsch, We've, Taylor, Fort Irwin, Dimitar Dilkoff, Enea, Lockheed Martin Organizations: US Army, Policy, Service, Foreign, Army, National Training Center, Fort, Getty, Russian Ministry of Defense, M142, Artillery Rocket Systems, Sky News, Lockheed Locations: Ukraine, Russian, Ukrainian, AFP, Russia, Makiivka, Leer

☆ More than half of the US Air Force's B-2 stealth bombers just staged a mass fly-off
▼ + stars: | 2024-04-19 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

B-2 Spirit stealth bombers executed a mass fly-off earlier this week during a major exercise. AdvertisementMore than half of the US Air Force's B-2 Spirit stealth bombers conducted a large-scale exercise earlier this week, staging a massive fly-off. For a long time, it was the only stealth bomber in the world, but the US is making progress on a new stealth bomber, the B-21 Raider, which achieved its first flight in November last year. AdvertisementAs a penetrating strike stealth bomber, the B-21, the US military has said, is expected to "form the backbone of the future Air Force bomber force." A B-2 Spirit stealth bomber assigned to the 509th Bomb Wing takes off at Whiteman Air Force Base, Mo., April 15, 2024.

Persons: —, Hailey Farrell, Northrop Grumman, Matthew S, Domingos Organizations: Whiteman Air Force Base, Service, US Air, 509th Bomb, . Air Force, Vigilance, Air Force, Northrop Locations: Mo, Missouri, Kosovo, Iraq, Afghanistan

☆ How the US Army botched a $1 billion upgrade of the Stryker armored vehicle's gun
▼ + stars: | 2024-04-18 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Fearing that its Stryker armored vehicles were outgunned by Russian and Chinese designs, the US Army had an idea for a quick fix: Develop an unmanned Stryker turret with a 30-mm autocannon. The Army obliged in 2018 with the Infantry Carrier Vehicle-Dragoon, which added a remote-controlled 30-mm gun turret — manufactured by Norwegian firm Kongsberg — to 91 flat-bottom-hull versions of the Strykers. This would be enough to upgrade Strykers in three brigades of 83 vehicles each, plus an additional 20 for testing. Instead of a Kongsberg MCT-30 turret, the vehicles would receive a Samson turret made by Israeli firm Rafael. A big red flag should have been the glitches in the turret software that degraded the 30-mm cannon's accuracy.

Persons: Germany —, Rafael, Stryker, Kevin Payne, Mona Sehgal, Sehgal, Michael Peck Organizations: Service, Stryker, US Army, Business, Army, 2nd Cavalry Regiment, General Dynamics Land Systems, VN, Infantry Carrier Vehicle, Dynamics, The Army, Systems, Oshkosh Systems, Northrop, Hull, GAO, Oshkosh, Department of Defense, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Europe, Asia, Germany, Russia, Norwegian, Kongsberg, Oshkosh, Forbes

☆ Japan showed off the destroyer it's turning into an aircraft carrier for F-35 stealth fighters
▼ + stars: | 2024-04-17 | by ( Chris Panella | ) www.businessinsider.com time to read: +1 min

Japan says first modification work on its newly converted light aircraft carrier has been completed. JS Kaga was helicopter carrier identified as a destroyer refitted with to carry F-35 jets. AdvertisementJapan is showing off the first changes made to one of its helicopter-carrying destroyers to turn it into a light aircraft carrier capable of operating F-35B Lightning II stealth fighters. JS Kaga's successful modification will pave the way for another of its helicopter carriers, JS Izumo, to also be converted into an aircraft carrier. The Japanese Maritime Self-Defense Force announced the completion of the first special modification work on the Kaga earlier this month.

Persons: JS Kaga, Kaga, —, JS Organizations: Service, JS Izumo, Self, Defense Force, Business Locations: Japan

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