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☆ AI startup Modular raises $100 mln in General Catalyst-led funding
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +1 min

Aug 24 (Reuters) - AI startup Modular said on Thursday it had raised $100 million in a new funding round, led by venture capital firm General Catalyst, with participation from existing investors Google Ventures, SV Angel, Greylock and Factory. Modular is among a clutch of AI startups that have benefited from a boom in the hi-tech sector following the runaway success of ChatGPT, attracting strong interest from venture capital firms and other investors. The company did not disclose the valuation at which it raised capital in the new round, but a report by The Information put it at $600 million earlier this month. It had raised $30 million in June last year. "This new funding will enable us to scale to the incredible customer demand we are seeing," co-founder and CEO Chris Lattner said in a statement.

Persons: Catalyst, Chris Lattner, Jaiveer Singh, Tasim Zahid Organizations: Google Ventures, SV Angel, Nvidia, Thomson Locations: Bengaluru

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. Traders in the U.S. equity options market are bracing for a larger-than-usual swing in Nvidia shares following the chipmaker's earnings, which are due after markets close on Wednesday. ET, Dow e-minis were up 34 points, or 0.1%, S&P 500 e-minis were up 4.25 points, or 0.1%, and Nasdaq 100 e-minis were up 4.75 points, or 0.03%. Peloton Interactive (PTON.O) shares plunged 27% after the fitness equipment maker forecast first-quarter revenue below estimates. Reporting by Amruta Khandekar and Shristi Achar A; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, Foot, Susannah Streeter, Hargreaves Lansdown, Jerome Powell, Roche, Armour, Amruta Khandekar, Shinjini Organizations: New York Stock Exchange, REUTERS, Nvidia, Sports, Dow, Nasdaq, Wall, Hargreaves, Traders, Reuters, Federal Reserve, Treasury, Dow e, Biosciences, Merck & Co, Sport, Nike, Thomson Locations: New York City, U.S, Swiss

"It's just a very high level of uncertainty," said Amit, who is registering his artificial intelligence-based cloud security firm Gomboc in Delaware. Michael Fertik, founder of Heroic Ventures, a Silicon Valley-based early-stage venture investor, has invested in more than a dozen Israeli startups since 2015. He insists on Delaware incorporation and existing Israeli startups seeking a new funding round from him must switch. But the Israeli government's judicial overhaul is casting a shadow for some. Adam Fisher, a partner at Bessemer Venture Partners and long-time investor in Israeli startups, has been happy to invest in Israeli-based tech firms over the past decade.

Persons: Amir Cohen, Benjamin, Ian Amit, Amit, Ami Applebaum, Yair Geva, Herzog, Fox, Neeman, Ronen Feldman, Michael Fertik, Adam Fisher, Fisher, Ayal Shenhav, Steven Scheer, Emily Rose, Mark Potter Organizations: U.S Embassy, REUTERS, Entrepreneurs, Reuters, Israel Innovation Authority, Ministry of Innovation, Science, Technology, Startup Nation, Heroic Ventures, Delaware C Corp, Bessemer Venture Partners, Gross, Co, TechAviv, Partners, Thomson Locations: Tel Aviv, Israel, JERUSALEM, United States, Delaware

☆ A video appears to show Ukraine's drones destroying a Russian 'Terminator' in the second confirmed loss of the prized armored vehicle
▼ + stars: | 2023-08-13 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Ukraine says it destroyed a prized Russian "Terminator" armored vehicle with attack drones. A video shows the weapon being struck and pulled away by a T-80 tank that is also hit. This appears to be the second confirmed loss of the hi-tech vehicle used to support tanks. Another clip shows the damaged vehicle being pulled by a T-80 tank before more strikes rain down from above. "They tried to pull out the downed Terminator with a T-80 tank but, it was also hit!"

Persons: Anton Novoderezhkin Organizations: Service, Ukraine, Security Service, Getty, Uralvagonzavod, Victory Day Locations: Ukraine, Russian, Wall, Silicon, Moscow, Russia

☆ Morgan Stanley still likes these Chinese stocks despite a country downgrade
▼ + stars: | 2023-08-06 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Morgan Stanley has decided to take a break, downgrading MSCI China to equal weight while recommending a few consumer and industrial names. The Politburo meeting signaled policy easing, but outstanding issues — of debt, property, jobs and geopolitics — need significant improvement for sustainable inflows, the Morgan Stanley analysts said. Morgan Stanley has so far only changed it once this year: a cut in July to 5%. And despite their downgrade of Chinese stocks, the analysts added two mainland-traded A shares to their focus list. In its latest report, Morgan Stanley analysts also turned overweight on India.

Persons: Morgan Stanley, Laura Wang, Fran Chen, Wood, Warren Buffett, behemoth BlackRock, Biden, Liqian Ren, Ren, Hang Seng, Jack Ma's Alibaba, Morgan Stanley's, Morgan, WisdomTree's Ren doesn't, Ren doesn't, Michael Bloom Organizations: U.S, Chinese Communist Party, China ETF, WisdomTree Trust, Owned Enterprises ETF, Wall, JPMorgan, Baidu, State, Owned Enterprise Fund, Ping An Insurance Locations: China, . U.S, WisdomTree, WisdomTree Trust China, Morgan, Morgan Stanley's China, Hong Kong, India

In the waterlogged provincial capital Harbin, two vehicles plunged into a sinkhole that appeared on an expressway near a swollen river, local media reported. Paddy fields have also been inundated, and villagers in low-lying areas told to evacuate, local media reported. The storms and floods also triggered power cuts in nearby Shangzhi city, where supermarkets were running low on provisions, according to media reports. "I only managed to get a few bottles of mineral water and two boxes of instant noodles," a Shangzhi resident told local media after rushing to the supermarket after the storm alerts. "Some production and power equipments were damaged, and production had been suspended," the company said in an exchange filing on Friday.

Persons: Typhoon Doksuri, Tingshu Wang, Doksuri, Jinrui, Liz Lee, Ella Cao, Samuel Shen, Ryan Woo, Gerry Doyle, Miral Organizations: REUTERS, Aerospace, Holdings Group, Mineral Development, Thomson Locations: Mentougou district, Beijing, China, Tingshu Wang BEIJING, Northeastern Heilongjiang, Heilongjiang, Daqing, Harbin, Shangzhi, Jilin, Shulan, Zhuozhou, Hebei province, Hebei, Qinghai, Chongqing, Shanghai

☆ Italy announces special tourist trains and 'cruise trains'
▼ + stars: | 2023-08-02 | by ( Julia Buckley | ) edition.cnn.com time to read: +5 min

Ferrovie dello Stato Italiane (FS), Italy’s state-owned railway operator, has announced a new program of tourist-focused trains, using vintage locomotives on popular vacation routes. “Lusso” (luxury) trains will be spearheaded by the long-distance, super-luxury Orient Express Dolce Vita train, which will now launch in 2024, instead of this year as previously anticipated. The luxury Dolce Vita train will debut in 2024. These new routes will include night trains. sphraner/iStock Editorial/Getty ImagesThere will even be “cruise trains” – routes conceived with the idea of shuttling vacationers back and forth from short breaks.

Persons: we’ll, Stanley Tucci, Lusso, DIMORESTUDIO, Lamberto, Luigi Ferraris, ” Antonio Tajani Organizations: CNN, intel, Ferrovie dello Stato, Orient, Express, Golden Eagle, Cortina, d’Ampezzo, FS, Fondazione FS Locations: Italy, Venice, Milan, Tuscan, Rome, Otranto, Puglia, Metaponto, Basilicata, Reggio Calabria, Cortina d'Ampezzo, Calalzo, Umbria, Swiss

☆ Goldman names China stocks set for a bounce — and 2 make its list of top buy-rated picks
▼ + stars: | 2023-07-28 | by ( Lucy Handley | ) www.cnbc.com time to read: +2 min

Goldman Sachs has identified a number of Chinese stocks to buy after the government announced a number of major fiscal stimulus measures this week. The bank added that it expects Chinese stocks to "trade better" in the coming months. Goldman screened for buy-rated stocks in several areas related to China's policy announcement, including internet giants Tencent and JD , as well as its medical platform JD Health . In real estate, Goldman is buy-rated on property software company Beike and on mobile components company BYD Electronic as well as online recruitment firm Kanzhun . Search engine giant Baidu and drinks company China Resources Beer are also picks of the bank, and appear on its Asia-Pacific conviction list of top buy-rated stocks.

Persons: Goldman Sachs, Kinger Lau, Goldman, — CNBC's Michael Bloom, Clement Tan Organizations: country's Communist Party, Tencent, Baidu, China Resources Locations: China, Asia

☆ Israel judicial overhaul: protests mount against Benjamin Netanyahu after bill passed
▼ + stars: | 2023-07-25 | by ( Dan Williams | ) www.reuters.com time to read: +6 min

The bill curbing Supreme Court review of some government decisions passed in a stormy Knesset parliament on Monday after a walkout by lawmakers. Protest leaders said growing numbers of military reservists would no longer report for duty if the government continued with its plans. First elected to top office in 1996 and now in his sixth term, Netanyahu, 73, is facing his biggest domestic crisis. A Lebanese source familiar with the development said the men were members of a Hezbollah elite unit on a patrol that had nothing to do with Israel's domestic crisis. Hezbollah leader Hassan Nasrallah on Monday said Israel's domestic crisis showed it was on a "path of collapse and fragmentation".

Persons: Netanyahu, Benjamin Netanyahu, Yair Lapid, Zion Hagay, Kan, Corinna Kern, striding, Hassan Nasrallah, Bezalel Smotrich, Dan Williams, Ari Rabinovitch, Henriette Chacar, Andrew MacAskill, Laila Bassam, Tom Perry, Andrew Cawthorne, Nick Macfie Organizations: Israeli Democracy, Israel Bar Association, Israel Medical Association, Health Ministry, REUTERS, BANK, Orthodox Jewish, West Bank, Hamas, Hezbollah, Finance, Army Radio, Thomson Locations: JERUSALEM, Israel, Histadrut, United States, Britain, Jerusalem, Tel Aviv, Washington, Nablus, Palestinian, Lebanese, Iran, London, Beirut

☆ Benjamin Netanyahu, a hawk in the eye of the storm
▼ + stars: | 2023-07-24 | by ( ) www.reuters.com time to read: +4 min

[1/4] Israeli Prime Minister Benjamin Netanyahu sits between Justice Minister Yariv Levin and Defence Minister Yoav Gallant as lawmakers gather at the Knesset plenum to vote on a bill that would limit some Supreme Court power, in Jerusalem July 24, 2023. POLARIZINGPerhaps the most polarizing of Israel's leaders, but a supreme pragmatist, Netanyahu had always been seen as a recognizable conservative - pro-business and tough on security. A stocky, imposing figure, his poise and flawless American English have underlined his outsized role on the world stage. That meant closing ranks with religious and ultra-nationalist parties untroubled about upsetting Israel's allies with their openly expansionist agenda. A lifelong security hardliner and a scourge of liberal opinion, Netanyahu described himself in his autobiography - "Bibi My Story" - as "conservative but decidedly not extreme".

Persons: Benjamin Netanyahu, Yariv Levin, Yoav Gallant, Amir Cohen JERUSALEM, Netanyahu, Herzi Halevi, pragmatist, Israel's, Bibi, Itamar Ben, Gvir, Bezalel Smotrich, Joe Biden, James Mackenzie, Christina Fincher Organizations: REUTERS, Special Forces, West Bank, Thomson Locations: Jerusalem, Tel Aviv, Israel

☆ Amid US pressure, Dutch announce new chip equipment export rules
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +1 min

AMSTERDAM, June 30 (Reuters) - The Dutch government on Friday announced new rules restricting exports of certain advanced semiconductor equipment, a move that comes amid U.S. pressure on its allies to curb sales of hi-tech components to China. "We have taken this step in the interest of our national security" said Trade Minister Liesje Schreinemacher, adding such equipment may have military applications. The rules, which will require companies that make advanced chipmaking equipment to seek a licence before they can export it, are expected to go into effect on Sept. 1. A technical document specifying which equipment will require a licence accompanied the announcement. Reporting by Toby Sterling Editing by Andrew Heavens and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Liesje Schreinemacher, Toby Sterling, Andrew Heavens, Mark Potter Organizations: Thomson Locations: AMSTERDAM, China

☆ Israel's Shin Bet spy service uses generative AI to thwart threats
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +1 min

TEL AVIV, June 27 (Reuters) - Israel's Shin Bet security service has incorporated artificial intelligence into its tradecraft and used the technology to foil substantial threats, its director said on Tuesday, highlighting generative AI's potential for law-enforcement. Among measures taken by the Shin Bet - the Israeli counterpart of the U.S. Federal Bureau of Investigations or Britain's MI5 - has been the creation of its own generative AI platform, akin to ChatGPT or Bard, director Ronen Bar said. "AI technology has been incorporated quite naturally into the Shin Bet's interdiction machine," Bar said in a speech to the Cyber Week conference hosted by Tel Aviv University. Acknowledging the public-domain backbone of the fast-emerging technology, Bar urged cooperation between commercial hi-tech and government agencies such as his "to ensure AI leads to evolution and not to revolution". With Israel still pondering its AI policies, Bar called for the expected regulations to include a review of Shin Bet-related laws as well as a redefinition of official secrecy.

Persons: Shin, Bard, Ronen Bar, Bar, Israel, Shin Bet, Dan Williams, Conor Humphries Organizations: U.S . Federal Bureau of Investigations, Tel Aviv University, Shin, Thomson Locations: TEL AVIV, Israel

☆ Flying the F-35 stealth fighter can leave pilots looking 'like they are 100 years old,' says test pilot
▼ + stars: | 2023-06-17 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +4 min

F-35 test pilots described how intense it is to fly the aircraft, The Jerusalem Post reported. "After some training, pilots come out looking like they are 100 years old," another test pilot said. Tony "Brick" Wilson, an F-35 test pilot for the American defense company who formerly served in the US Navy, described the "g-forces" — or gravitational force — must deal with when flying the hi-tech US fighter jets. Monessa "Siren" Balzhiser, another F-35 test pilot for the company, also addressed "g-forces" in the discussion. The F-16 has three separate screens and displays, with each screen tied to a specific sensor," she said, per The Jerusalem Post.

Persons: Lockheed Martin webinar, —, Lockheed Martin, Tony, Wilson, Balzhiser Organizations: Jerusalem Post, Lockheed, Service, US Navy, Aircraft, US Air Force, Russian, AIM Locations: Jerusalem, Russia, Ukraine

☆ 'Jurassic Park' still has bite at 30, and here's why
▼ + stars: | 2023-06-09 | by ( Dan Heching | ) edition.cnn.com time to read: +4 min

CNN —It’s been 30 years since Steven Spielberg’s dinosaurs stampeded across the screen in the first “Jurassic Park,” but it feels more recent. Admittedly, I was the exact target audience for this creature feature, and even though I was already somewhat of a self-taught critic (note the aforementioned mouthiness), I was awed by what I saw that summer three decades ago, and my impressions of “Jurassic Park” remain to this day. Joseph Mazzello in "Jurassic Park." Laura Dern, Sam Neill and Joseph Mazzello in "Jurassic Park." Add to that the amazing and meme-worthy smaller performances from Samuel L. Jackson (“Hold onto your butts!”), Wayne Knight (“Ah ah ah!

Persons: CNN — It’s, Steven Spielberg’s, Rex, Martin Ferrero, ”, Joseph Mazzello, dino, Kong ”, Ian Malcolm, Jeff Goldblum, Michael Crichton’s, Spielberg, John Williams, Laura Dern, Sam Neill, Goldblum, there’s Laura Dern, Sigourney Weaver, Sam Neill –, Samuel L, Jackson, Wayne Knight, Bob Peck, “, you’ve Organizations: CNN, Titans, Marvel

☆ The world’s largest city is a futuristic paradise. But some things stay stuck in the past
▼ + stars: | 2023-06-08 | by ( Richard Quest | ) edition.cnn.com time to read: +8 min

Tokyo CNN —It’s the biggest city in the world, a vast metropolitan area that’s home to more than 37 million people. Onigiri – savory rice balls wrapped in nori or seaweed – have been a comfort food staple for thousands of years. Known as “The Monk In Heels,” Nishimura juggles his life as a monk with his work as a makeup artist. Origami, too, remains a powerful, soothing way to use such skills and step away from the fast-paced world of the modern city. He is the face of a timeless, sedate Tokyo, an antidote to the hectic way things often feel here.

Persons: Tokyo CNN —, Ukon, Onigiri Bongo, ”, Salmon, It’s, Yumiko, CNN's Richard Quest, Takefumi Hamada, chef, Hamada, you’re, ‘, Kodo Nishimura, ” Nishimura juggles, Nishimura, “, ’, Kazuo Kobayashi Organizations: Tokyo CNN, Michelin, CNN, Netflix, Disney Locations: Tokyo, Akihabara, Japan, Tokyoites, CNN Tokyo, Shibuya, Shinjuku

☆ Israel's judicial proposals prompt startups to relocate -govt agency
▼ + stars: | 2023-05-01 | by ( Steven Scheer | ) www.reuters.com time to read: +2 min

JERUSALEM, May 1 (Reuters) - The government's plan to overhaul the judicial system is harming investor confidence and pushing high-tech firms to relocate abroad, Israel's state-backed agency that supports high-tech companies said on Monday. Israel's high-tech sector employs 10% of the country's workforce accounting for around 15% of economic output, more than half of exports and a quarter of tax income. While the Nasdaq is up 17% this year, Israel's tech index is down 4%. It added that high-tech fundraising in the first quarter was just $1.7 billion, the lowest quarterly figure since 2019. The authority recommended a number of steps such as easing regulations, incentives to encourage investment and incentives for startups to register intellectual property in Israel.

☆ Analysis: Israel's tech sector reels from SVB collapse, proposed judicial reform
▼ + stars: | 2023-04-03 | by ( Steven Scheer | ) www.reuters.com time to read: +7 min

In an industry of around 400,000 there are currently around 6,000 vacant tech jobs, according to government data. More than half of the country's startups held an account with SVB, companies and venture capital investors said, in some cases their only U.S. banking facility although the amounts involved are not fully known. Tech companies and investors alike said SVB was a rarity in the banking industry, familiar with Israel's tech ecosystem and offering loan terms unmatched by other banks. Citing the judicial reforms, Adam Fisher, a partner at investment firm Bessemer Venture Partners, said fewer American banks may be willing to lend to Israeli companies, which means less competition and more onerous terms. Israel's tech companies are therefore likely to flock to register as U.S. companies, while keeping R&D back home, said Yaron Samid, managing partner of the TechAviv Founder Partners fund.

☆ Israel stocks slip on SVB failure, government vows aid for tech firms
▼ + stars: | 2023-03-12 | by ( Steven Scheer | ) www.reuters.com time to read: +3 min

[1/2] A Tel Aviv Stock Exchange sign is seen at the bourse in Tel Aviv, Israel November 4, 2020. With Israel's trading week running Sunday through Thursday, it was the first opportunity for Tel Aviv investors to react to the failure of Silicon Valley Bank, the largest bank to fail since the 2008 financial crisis. Israel's tech sector is the country's main growth engine and its relationship with the Silicon Valley region is strong. NextVision (NXSN.TA), a maker of micro stabilised cameras, said in a regulatory filing in Tel Aviv that it withdrew on Thursday almost all of the $2.7 million it held in SVB. The Tel Aviv index of the five largest banks (.TELBANK5) was down 2.5% at midday, while the index of eight insurers (.TAINS) fell 4.2%.

☆ Cyber firm Wiz moving funds out of Israel due to judicial plans -source
▼ + stars: | 2023-02-07 | by ( Steven Scheer | ) www.reuters.com time to read: +2 min

[1/2] Israelis working in the hi-tech sector hold signs with the Hebrew words "No democracy, no hi-tech" as they demonstrate against proposed judicial reforms by Israel's new right-wing government in Tel Aviv, Israel January 24, 2023. The source, who spoke to Reuters on condition of anonymity, said Wiz, a unicorn with a value of some $6 billion, has concerns about growing uncertainty in the Israeli market in light of the proposed changes. Wiz declined to comment on the transfer of money out of Israel which was initially reported by Channel 12 news. The proposed judicial overhaul, which has yet to be written into law, would tighten political control over judicial appointments and limit the Supreme Court's powers to overturn government decisions or Knesset laws. On Monday, Bank of Israel Governor Amir Yaron told lawmakers that institutional independence was vital for Israel's sovereign credit rating.

☆ Israel's president became the first world leader to publicly use ChatGPT when he gave a speech partly written by the AI
▼ + stars: | 2023-02-03 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Isaac Herzog, the Israeli president, delivered a speech partly-written by ChatGPT on Wednesday. Herzog opened his speech with an intro written by ChatGPT. He then ended the speech with a ChatGPT generated "inspirational quote" about AI. During his speech, Herzog also emphasized that AI will not replace humans, despite using it to write part of it. The president also used ChatGPT to end his speech with an "inspirational quote," Sky News reported.

☆ The US's powerful Abrams tanks are heading to Ukraine, but generals disagree over how hard it'll be to use them on the battlefield
▼ + stars: | 2023-02-01 | by ( Sebastien Roblin | ) www.businessinsider.com time to read: +19 min

The US has pledged to send Abrams tanks to Ukraine, joining a bevy of Western-made tanks. Here comes the M1 Abrams for UkraineA M1A2 Abrams tank fires at a target during an exercise. The same day, word spread that US President Joe Biden would announce he was sending 31 M1 Abrams tanks to Ukraine. But Hertling disagreed that withholding the M1 Abrams was a "political decision" and didn't find the examples of non-US Abrams operators persuasive. M1 Abrams: training and sustainmentAn M1A2 Abrams drives into the woods during an exercise in Hohenfels, Germany.

☆ North America leaders pledge cooperation on semiconductors, drugs
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +2 min

MEXICO CITY, Jan 10 (Reuters) - The United States, Mexico and Canada will take steps to promote the North American semiconductor industry, enhance cooperation to root out lethal drugs, and improve legal pathways for migrants, the White House said on Tuesday. In a statement issued to coincide with a North American leaders summit in Mexico City, the White House said the three countries would in early 2023 organize a semiconductor forum to increase investment in the strategic hi-tech industry. This would mean coordinating semiconductor supply chain mapping to identify needs and investment opportunities in making chips that are used in everything from phones to defense, the statement said. The industry has long been dominated by Asia, and disruptions during the COVID-19 pandemic caused havoc among North American supply chains. The White House said the three were committed to reducing methane emissions from solid waste and wastewater by at least 15% by 2030 from 2020 levels.

☆ Pentagon now more likely to support Ukrainian long-range missile attacks on Russia, The Times reports
▼ + stars: | 2022-12-10 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +3 min

The Pentagon is now more likely to supply Kyiv with longer-range weapons, according to The Times. Putin has warned that the US would be "crossing a line" if they were to supply Ukraine with long-range missiles. It is now more likely to supply Kyiv with longer-range weapons to strike deep into Russia, according to The Times. The Times also suggested that the US could supply Ukraine with hi-tech long-range weapons, including missile launchers and heavily-armed drones. President Putin has warned that the US would be "crossing a line" if they were to supply Ukraine with long-range missiles.

☆ China pledges high-tech support for climate, environmental problems
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +2 min

SHANGHAI, Nov 2 (Reuters) - China will seek high-tech solutions to resolve its complex environmental challenges and make use of innovations in big data, biotech and artificial intelligence to tackle pollution, habitat loss and climate change, it said on Wednesday. The system will be backed by tax incentives and new "green technology banks", and China will also encourage enterprises and financial institutions to provide more support to innovative green technologies, the plan said. China has cut CO2 emissions per unit of economic growth by a third in the last decade, but overall volumes continue to rise. It promised more research to support large-scale demonstration projects and the use of aquifers and oil-bearing formations to contain sequestered CO2. The government will also support research into "deep decarbonisation technologies" in a variety of industrial sectors, including steel, cement, thermal power and agriculture, it said.

☆ Russian soldiers in Kharkiv region couldn’t immediately launch drones during Ukrainian counter-offensive because of a software installation
▼ + stars: | 2022-10-31 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +4 min

The drones are frequently used by Russia as they are low-cost, short-distance, rechargeable drones meant to launch small weapons. They're also used in part to offset the high costs of explosive, hi-tech surveillance drones like the Iranian kamikaze drones, according to the New York Times. According to Reuters, the next day, the forces received four Mavic-3 quadcopter drones, but they couldn't be used immediately as needed. The soldiers, while under missile fire, had to install new software for the drones, and then train 15 soldiers on how to use them. Ukrainian president Volodymyr Zelenskyy said that within days of the September counteroffensive, Ukraine regained over 1,158 square miles of territory from Russian forces.

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