DIRS.INFO The most relevant business & tech news

☆ Young Chinese are looking for dupes and cheaper substitutes for everything from Hermès to travel
▼ + stars: | 2024-09-30 | by ( Huileng Tan | Matthew Loh | ) www.businessinsider.com time to read: +9 min

Chinese consumers are opting for affordable alternatives across various categories to save money. The trend, known as pingti, is driven by economic challenges and is popular among young people. Consumers are finding cheaper substitutes for luxury goods, everyday items, and even healthcare. It's now become a trend in China to save on nearly every consumer category, from luxury goods to everyday consumables to travel, with cheaper substitutes. A Bank of America survey of 1,052 adult Chinese consumers showed weakening consumer sentiment, with 30% of respondents planning to spend more — down from 45% in June.

Persons: —, It's, Bobbi Brown, Estée Lauder, MingYii Lai, it's, Lindy, Hermes Lindy, Lai, Ruth Jin, Xiaohongshu Cleo Xie, they've, She's, Xie, Jin, Yves Saint Laurent, Keith, she's Organizations: Service, Daxue Consulting, Bottega, Prada, University, Dai, PPI, Bank of America Locations: China, Xiaohongshu, Beijing, Ili, Xinjiang, Provence, France, Xishuangbanna, Laos, Myanmar, Bangkok, Thailand, Chengdu, Europe, Asia

☆ OpenAI's CFO is trying to get the company's investors to keep calm and carry on
▼ + stars: | 2024-09-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

OpenAI CFO Sarah Friar emailed investors the day after three top execs suddenly left, per CNBC. Friar sought to soothe investor worries, saying the firm is still "laser-focused" on AI that can bring them returns. AdvertisementOpenAI's chief financial officer, Sarah Friar, is trying to assure investors that the company is still in good hands despite the sudden exit of three top executives, according to an email reported by CNBC. The outlet's Kate Rooney cited an email from Friar to OpenAI investors on Thursday night, a day after the firm saw the departure of its chief technology officer, Mira Murati. Murati, McGrew, and Zoph left OpenAI just a month after other top leaders stepped away from the company in August.

Persons: Sarah Friar, execs, Friar, OpenAI, —, Kate Rooney, Mira Murati, Barret Zoph, Bob McGrew, helming Nextdoor, nix, Sam Altman, Zoph Organizations: CNBC, Service, Research, Post, Bloomberg, Business Insider Locations: OpenAI

☆ A Russian teen got 15 years in prison for donating crypto to a pro-Ukraine paramilitary unit: report
▼ + stars: | 2024-09-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

A Russian teen was given 15 years for donating to the Freedom of Russia Legion, local media reported. AdvertisementA Russian 19-year-old was sentenced to 15 years in prison for donating to a pro-Ukrainian paramilitary unit, independent outlet Mediazona reported. Russian daily Kommersant reported at the time that the teen had tried sending the funds via cryptocurrency. Yakovlev isn't the first Russian citizen to be sentenced to over 10 years in prison for donating to pro-Ukraine groups. AdvertisementIn August, 33-year-old amateur ballerina Ksenia Khavana was reported by Russian media to have been sentenced to 12 years in prison for donating $51 to a charity supporting Ukraine.

Persons: Danila Yakovlev, —, Yakovlev, Ksenia Khavana, Vladimir Putin Organizations: of Russia Legion, Service, Kremlin, Kommersant, Russian, Eastern Locations: Siberia, Ukrainian, Biysk, Altai Krai, cryptocurrency, Russia's, Russian, Ukraine

☆ Meet the Hong Kong billionaires behind some of the world's glitziest hotels — and the generation who could inherit the empire
▼ + stars: | 2024-09-24 | by ( Matthew Loh | ) www.businessinsider.com time to read: +2 min

Sonia runs the family's hotel business, turning it into a sprawling collection of resorts and luxury locations. Sonia Cheng, pictured left, is the head of the Rosewood Hotel Group, which owns 51 hotels and is planning more than two dozen others. With Sonia at the helm, Rosewood has since expanded into a global powerhouse for luxury hotels, with 34 locations and another 24 on the way. Rosewood's Hong Kong property ranked second on the World's 50 Best Hotels' 2023 list, with two other hotels in São Paulo and Paris earning spots as well. He's the founder of Altaya Group, a wine wholesaler, and the boutique restaurant company Classified Group, which runs five locations.

Persons: Sonia, Sonia Cheng, Carlyle, Pascal Le Segretain, Thomas Iannaccone, Morgan Stanley, Warburg Pincus, Maritz, It's, Henry, Paulo Pong Kin, Yee Organizations: Rosewood, Group, Fashion, Penske Media, Getty, Harvard University, Warburg, CNBC, Rosewood Hotel Group, Rosewood Corp, Wolff, Channel News Asia, Paris, Altaya Locations: New York City, Rosewood, Manhattan, China, Beijing, Sanya, Shanghai, Shenzhen, Hong Kong, São Paulo, Hong

☆ The Air Force wants its recruits to one day carry real rifles at boot camp instead of practice M4 carbines, top NCO says
▼ + stars: | 2024-09-23 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

The Air Force hopes its recruits will eventually carry real rifles in boot camp, its top enlisted airman said. The push toward real weapons comes amid rising concern in the US of potential open conflict with China or Russia. Go to newsletter preferences Thanks for signing up! AdvertisementThe US Air Force hopes to eventually require its recruits to carry real weapons during basic training, according to its highest-ranking noncommissioned officer. The comment, from Chief Master Sergeant Dave Flosi, came just after the force announced in August that its recruits would receive practice M4 rifles.

Persons: —, Dave Flosi, Flosi Organizations: Air Force, Service, US Air Force, Air, Cyber Conference, Business Locations: China, Russia

☆ Ukraine expects the war to see exponentially more 'iron soldiers,' or ground drones with guns that can fill troop roles
▼ + stars: | 2024-09-20 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

Ukraine's intelligence chief predicted that ground drones in battle will increase "in the order of tens" this year. Kyrylo Budanov said much of Ukraine's impetus for these drones is to avoid sending troops to die. Some of Ukraine's experimental ground drones, which it calls "iron soldiers," can be fit with guns or explosives. Go to newsletter preferences Thanks for signing up! AdvertisementUkrainian intelligence chief Kyrylo Budanov expects the war to enter a new phase — one that will see far more land-based drones replacing soldiers on the front lines.

Persons: Kyrylo Budanov, —, Budanov Organizations: Service, Yalta European Locations: Yalta, Kyiv

☆ The US Navy is planning for possible war by 2027, when China expects it will be ready to invade Taiwan, US admiral says
▼ + stars: | 2024-09-19 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Related storiesFranchetti referenced that assessment again in her speech, saying that it's "what Chairman Xi told his forces, that they should be ready for war by 2027." Fears of a US-China war have further been stoked by Beijing turning more hostile in its territorial disputes with Japan and US allies in the South China Sea. "By 2027, the Navy will be more ready for sustained combat," she said. The admiral aims to have 80% of US naval forces ready to deploy and fight anytime. "We have learned a great deal about the future of war at sea," Franchetti said.

Persons: —, Lisa Franchetti, Franchetti, Xi Jinping, Xi, Joe Biden, It's, Yemen's Houthi, we've Organizations: Service, US Navy, Business, Naval War College, Democratic Progressive Party, Navy, Star, Pacific Fleet, Russia, Associated Press, 6th, Joint Chiefs, Staff Locations: China, Beijing, Taiwan, Rhode Island, People's Republic of China, Japan, South China, Russia, Iran, Republic of China, Washington, Ukraine

☆ Hezbollah's deadly pagers were sourced from a Taiwanese company and contained explosive material planted by Israel: reports
▼ + stars: | 2024-09-18 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewThousands of Hezbollah-owned pagers that detonated in unison on Tuesday were made in Taiwan and had been tampered with by Israel, according to multiple reports. The New York Times reported that Hezbollah had purchased the pagers from Gold Apollo, a manufacturer in Taiwan. The same source told the outlet that Mossad, Israel's intelligence service, had planted a board inside the pagers that contained explosive material and could remotely receive a detonation code. " Related storiesHezbollah and Lebanon have both blamed Israel for the exploding pagers, though Tel Aviv has not claimed responsibility. The exploding pagers have led to heightened fears that Israel and Hezbollah may escalate their conflict into a wide-scale or direct war.

Persons: —, Hsu Ching, Kuang, Hsu, Gold Apollo, Israel, Pagers, Benjamin Netanyahu Organizations: Service, Business, New York Times, Hezbollah, Times, Reuters, The, Israeli Defense Ministry Locations: Taiwan, Israel, Iran, Lebanese, Lebanon, Tel Aviv, Gaza

☆ The US sent Taiwan waterlogged shipments of moldy body armor and machine guns tossed in a cardboard box, DoD watchdog says
▼ + stars: | 2024-09-17 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

AdvertisementThat included 120 pallets containing 500 wet and moldy tactical vests and "3,000 mildewed body armor plates," the watchdog said. AdvertisementWithout facilities to store or protect the equipment and ammo, they were exposed to the bad weather, the report added. AdvertisementAdditionally, the shipments to Taiwan included six M240B machine guns from the National Guard in Clovis, New Mexico, that were dumped in a cardboard box without any wrapping. The OIG said the six machine guns were found in a cardboard box without any wrapping or packaging. AdvertisementThe Pentagon did not immediately respond to a request for comment sent outside regular business hours by Business Insider.

Persons: —, OIG, Pete Nguyen, Nguyen, Joe Biden Organizations: Service, Business, The Defense Department, Travis Air Force Base, US Army, National Guard, Pentagon, Defense Department, Taipei Times, Democratic Progressive Party Locations: Taiwan, Taipei, Clovis , New Mexico, Beijing, China

☆ Russia is furious over reports that a commander sent his best drone operators to die as infantrymen because they criticized him
▼ + stars: | 2024-09-16 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

Read previewThe deaths of two seasoned Russian drone operators in Ukraine have stirred a frenzy among pro-Kremlin military bloggers, who say the specialists were sent to fight as regular infantrymen. As for Gritsai, Russian military bloggers who claimed to personally know him reported that he was a career officer. AdvertisementRussian backlash and an official responseThe footage sparked an outcry over the weekend among Russian military bloggers, many of whom independently reported that the two men had been killed in battle. Part of the backlash stems from assessments by on-the-ground pundits that Lysakovsky and Gritsai had been two of the best drone operators at the frontline. Nothing," Lysakovsky wrote in a message dated September 10.

Persons: —, Dmitry, Goodwin, Lysakovsky, Sergei, Ernest, Gritsai —, Gritsai, Igor Puzyk, Puzyk, WarTranslated, Dmitri, Alexander Kots, Viktor Goremykin, Valery Gerasimov, Svyatoslav Golikov Organizations: Service, Kremlin, Business, Russian Telegram, 87th Rifle Regiment, Donetsk People's, Kommersant, Russian Defense Ministry Locations: Russian, Ukraine, Pokrovsk, Donetsk, Estonian, Donetsk People's Republic, Moscow

☆ A defense startup says it can fix America's ammo problem with China using a new low-cost cruise missile
▼ + stars: | 2024-09-13 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. "This is not designed to go specifically and rigidly at one specific problem," Anduril's chief strategy officer, Chris Brose, told DefenseScoop. "We have designed Barracuda to be able to range across a series of targets — from ground-based targets to maritime targets to others." Anduril did not immediately respond to a request for comment sent outside regular business hours by Business Insider.

Persons: —, Anduril, Chris Brose, DefenseScoop, Diem Salmon, Salmon, Palmer Luckey, hyperscale, Brose Organizations: Service, Barracuda, Business, Pentagon, US Air Force, Enterprise, Oculus Locations: China, Russia, America

☆ American fast-food giants are going big on a China wager, betting they can get the country's new middle class to love them back
▼ + stars: | 2024-09-10 | by ( Matthew Loh | ) www.businessinsider.com time to read: +11 min

An expansion rate surpassing America'sKFC, run by Shanghai-headquartered Yum China, has historically enjoyed the lion's share of the country's fast-food cravings. Hopes for a new middle class in ChinaCities in China are unofficially grouped into tiers according to their status, size, and wealth. Chinese KFC has nearly doubled its menu itemsExpanding during a sluggish economy might make sense for fast food brands, which are often classified as recession-proof as consumers downgrade their spending. Advertisement"Now, they are doubling down further on this strategy by expanding into the inland regions of China, especially Tier Three and Tier Four cities with a growing middle class," they told BI. Yum China has also been expanding aggressively in the country's burgeoning coffee scene, establishing a popular spin-off called KCoffee.

Persons: —, It's, McDonald's, Shaun Rein, Rein, Allison Malmsten, Malmsten, Cui Nan, Wang Gang, Jonathan Bernstein, Bernstein, Kung Fu, Daxue, it's, They've Organizations: Service, Thursday, Business, McDonald's, Tier, China Market Research Group, KFC, LONG, Future Publishing, Getty Images, China, US, Yum China, Daxue Consulting, Publishing, China News Service, Getty, Analysts, Yonder Consulting Locations: China, Kentucky, Weibo, Hangzhou, China's, Shanghai, China Cities, Beijing, Guangzhou, Shenzhen, Chengdu, Chongqing, Nanyang, Suqian, Jiangsu, London, Asia, Shanghai thronged

☆ Russian evacuees in Kursk still aren't getting their $110 payouts pledged by the Kremlin after a month, aid volunteers say
▼ + stars: | 2024-09-10 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

Russians fleeing Kursk were promised $110, but aid workers say many still can't get the money. Volunteer leader Evgeniya Nazarova said evacuees discovered that official data on their villages is missing. Russia says it's given payments to 87,600 evacuees, while a total of 133,000 people are estimated to have fled. Go to newsletter preferences Thanks for signing up! Yet aid workers in the region say they've been working with refugees who still haven't received the promised payout a month after Kyiv's incursion.

Persons: Evgeniya Nazarova, it's, —, haven't, Nazarova Organizations: Service, Russian YouTube, Business Locations: Kursk, Russia, Ukraine, Russian

☆ China is going after 'empty student' consultants, who help you graduate without attending a single class for a $2,800 'relationship' fee
▼ + stars: | 2024-09-09 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewChina's state broadcaster has aired a scathing report on consultants and vocational schools running "empty student status" services, which it said allow students to graduate without attending classes. According to the broadcaster, these consultants illegally registered students for three-year courses at vocational or technical schools. Several consultancy staff spoke to CCTV on camera, saying that they would use the $2,800 as a "relationship fee" for the schools. AdvertisementChina finds schools offering the same servicesThe broadcaster also published footage of staff from five schools in the same regions directly offering "empty student status." Another school's staff said the student could record their attendance through a mobile app.

Persons: — Organizations: Service, Business, China, IT Locations: Zhengzhou, Wuhan, Henan, Weibo, China

☆ Russian former deputy minister 'stole' a 3-bedroom apartment in Moscow with false documents, investigators say
▼ + stars: | 2024-09-06 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

Pavel Baryshev, a deputy minister in the Russian government, is under investigation for "large-scale fraud." Baryshev is accused of using forged documents to acquire a three-bedroom apartment in Moscow. Go to newsletter preferences Thanks for signing up! AdvertisementA former deputy minister in Russia is being investigated on suspicion of forging documents to secure a three-bedroom apartment in Moscow, the country's federal investigative committee said. Pavel Baryshev, who was deputy minister for natural resources, is accused of "fraud on an especially large scale," the Investigative Committee said in a Telegram post on Thursday.

Persons: Pavel Baryshev, Baryshev, — Organizations: Investigators, Service, Business Locations: Russian, Moscow, Russia

☆ China is telling Gen Zers to beware of online dating and rock music because they might be traps by spies or the West
▼ + stars: | 2024-09-05 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Read previewOfficials in China have been telling young people that spies or foreign powers could be out to trick them through casual activities such as online dating and listening to pop music. National authorities raised these red flags at least twice recently, amid a wider push from China's leader, Xi Jinping, to bolster Chinese national security by getting citizens to be more proactive. The South China Morning Post reported that a new foundational textbook for college students warned them about pop culture and rock 'n' roll as oft-used tools for foreign subversion. AdvertisementThe Ministry of State Security has meanwhile cautioned young people to beware of part-time job offers and online dating prospects that might be "secret-stealing traps" laid by foreign spies. The idea here is that the spies target students in scientific research fields to trick them into disclosing sensitive information or sending photos of classified sites.

Persons: —, Xi Jinping Organizations: Service, Business, China Morning Post, Ministry of Education, of State Security, Ministry of State Security Locations: China, Beijing

☆ A US Navy chief who wanted WiFi on her warship secretly ran an illegal Starlink network that she named 'STINKY': report
▼ + stars: | 2024-09-04 | by ( Matthew Loh | Aditi Bharade | ) www.businessinsider.com time to read: +4 min

The chief's mess then kept access to the Starlink network — which they named "STINKY" — only to themselves, Navy Times reported. AdvertisementWhen junior sailors and commanding officers began noticing the WiFi network, Marrero denied its existence, according to Navy Times. The Starlink dish was eventually discovered on August 18 by a civilian installing a separate, authorized satellite communication system. Advertisement"The gig is up," Marrero texted a crew member at the time, according to the investigation seen by Navy Times. Navy Times reported that Marrero admitted to her commanding officer on August 26, 2023, that she had installed the illegal WiFi network.

Persons: —, Grisel Marrero, Marrero, aren't, " Marrero texted, didn't Organizations: Service, US Navy, USS, Navy, Business, Navy Times, Manchester Locations: USS Manchester, Manchester

☆ A beloved whale long suspected of being a Russian 'spy' was shot dead, animal-rights groups say
▼ + stars: | 2024-09-04 | by ( Joshua Nelken-Zitser | Matthew Loh | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA white beluga whale nicknamed Hvaldimir, beloved in Norway and believed to have been trained to spy for Russia, was found dead in Norwegian waters over the weekend. The animal-rights groups provided Business Insider with images of the whale's body, which appeared to show bullet holes. The lifeless body of Hvaldimir was discovered by a teenage fisherman and his father near the town of Risavika on Saturday morning. A spokesperson for the Norwegian Veterinary Institute said it couldn't comment on any results as Hvladimir's autopsy was still ongoing.

Persons: —, NOAH, they'd, Regina Haug, Hvaldimir, Vladimir Putin's, Siri Martinsen, Martinsen, Sebastian Strand, Hvladimir, Strand Organizations: Service, Business, NATO, Marine, Norwegian Veterinary Institute, of Fisheries Locations: Norway, Russia, Risavika, Petersburg

☆ A top New York official was paid off by China with salted ducks, a job for her cousin, and millions to her husband's business: DOJ
▼ + stars: | 2024-09-04 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

Sun, 40, is accused of blocking Taiwanese officials' access to the New York governor's office and changing public messages from both governors to boost China's talking points, among other acts. According to the Justice Department, she also sent messages informing the Chinese consulate about Taiwan's requests to the governor's office. AdvertisementProsecutors said that during this time, Sun would use bogus invitation letters to set up meetings for Chinese officials with New York authorities. Hu has been charged by the Justice Department too, and is accused of laundering money and opening bank accounts with a relative's driver's license photo. AdvertisementA spokesperson for Hochul told Business Insider that the New York governor's office hired Sun more than 10 years ago.

Persons: —, Linda Sun, Kathy Hochul, Andrew Cuomo, Cuomo, Sun, Curtis, Chris Hu, Hu, that's, Hochul, Liu Pengyu, Jarrod Schaeffer, Sun's, Schaeffer Organizations: Service, New, Gov, Business, Justice Department, Queens, Hochul, New York Labor Department, Prosecutors, PRC, CCP, Chinese Communist Party, Sun, Ferrari Locations: China, Nanjing, York, New York, Honolulu, Jiangsu, Manhasset , New York, Washington

☆ Chinese farmers across 14 towns are spraying industrial sulfur on wolfberries so they'll be 'red and beautiful': state media
▼ + stars: | 2024-09-03 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

In a report aired on Sunday, the broadcaster spoke to wolfberry farmers and merchants in a region spanning 14 towns in Jingyuan County, Gansu Province. Sodium metabisulfite is sometimes used in food preservation but is prohibited in the local wolfberry industry, state media reported. The practice had become so common that workers spoke of it as an industry standard, the outlet reported. Since his early days as China's top leader, Xi Jinping has promised to crack down on food safety breaches, saying they're central to how people perceive the government. Allegations of excessive sulfur fumigation in the Chinese traditional-medicine industry have surfaced before, leading retailers to often sell wolfberries and other products as "sulfite-free."

Persons: —, wolfberries, That's, Xi Jinping Organizations: Service, Business, CCTV, Food, Committee, Beijing Locations: Jingyuan County, Gansu Province, Golmud, Qinghai Province, West, China, Jingyuan, —

☆ Ukraine faces rising questions over whether the F-16 and pilot it lost were shot down by friendly fire from a Patriot missile battery
▼ + stars: | 2024-09-02 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

Questions of friendly fire are mounting around Ukraine's first loss of an F-16 in late August. Several outlets and a local MP reported that early investigations suggest it may have been downed by a Patriot missile. Go to newsletter preferences Thanks for signing up! AdvertisementUkraine is facing allegations that its first loss of an F-16 may have involved friendly fire with a Patriot missile battery, though its armed forces haven't confirmed those reports. It's still unclear exactly what caused the crash, which killed the Ukrainian Air Force pilot Oleksiy Mes and was reported by Kyiv on Thursday.

Persons: Ukraine hasn't, —, haven't, It's, Oleksiy, Mes Organizations: Patriot, Service, Ukrainian Air Force Locations: Ukraine, Kyiv

☆ A Russian murder convict joined Wagner, went home, killed again, then got out a 2nd time by joining the army: rights group
▼ + stars: | 2024-08-28 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Court records show Rossomakhin committed this first murder in Kirov in October 2019, when he was drunk and killed a woman with whom he quarreled. AdvertisementDuring his first prison sentence, Rossomakhin was recruited by the Wagner mercenary group, which was accepting convicts into its ranks, in September 2022, per Travmpunkt. The legal rights group said that after spending time on the front, Rossomakhin returned home to Kirov. AdvertisementThe group added that Rossomakhin had served less than six months of his 23-year sentence before being shipped off again to Ukraine. AdvertisementRussia initially recruited thousands of prisoners to fight in Ukraine through the Wagner Group, but the practice soon slowed because convicts feared they would be treated poorly on the frontline.

Persons: —, Ivan Rossomakhin, Rossomakhin, Wagner, Travmpunkt, Anna Pekareva, Yulia Byuskikh, Pekareva Organizations: Service, Business, Russian Defense Ministry, BBC, Press, Kremlin, Russian Ministry of Defense, Wagner Locations: Ukraine, Kirov, Russia, Moscow

☆ Putin appointed his former bodyguard to take over Russia's military response to the Kursk invasion, local lawmaker says
▼ + stars: | 2024-08-14 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Kursk State Duma deputy Nikolai Ivanov told Russian broadcaster RTVI on Tuesday that Putin had met personally with Alexei Dyumin, who was made secretary of the State Council in May. Ivanov said Putin told Dyumin to supervise military operations in Kursk, with the primary goal of ousting Ukrainian forces that invaded the Russian border region last week. Dyumin, seated second from Putin's right, attended a leading of Russia's top brass about the Kursk invasion. Related storiesWhen the now-deceased head of the Wagner Group, Yevgeny Prigozhin, staged a rebellion against Putin, Dyumin was rumored to have been instrumental in orchestrating negotiations. wrote state media military correspondent Alexander Sladkov on Tuesday.

Persons: —, Vladimir Putin, Nikolai Ivanov, Putin, Alexei Dyumin, Aleksey Gennadyevich Dyumin, Ivanov, RTVI, Dyumin, Valery Gerasimov, Alexander Bortnikov, Yevgeny Prigozhin, It's, Rybar, Alexander Sladkov Organizations: Service, Duma, RTVI, State Council, Business, Ukrainian, Bloomberg, Federal Security Services, Russian Presidential, Putin, Wagner Group Locations: Kursk, Russian, Crimea, Tula, Washington, Ukraine, Kyiv

☆ Chinese scientists say they've found a way to make hypersonic missiles skip in the sky to strike deeper. US experts aren't convinced it'll be effective.
▼ + stars: | 2024-08-14 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Read previewA team of scientists in China believe they've found a way to make hypersonic missiles more potent — by extending their range via "skipping" on the atmosphere. Skip-gliding missiles may also be harder to track and intercept, she added. Kavanagh noted that a future skip-gliding missile would likely still be detectable from hundreds of miles away. AdvertisementKearn believes the issue is being overblown since China has the ability to launch nuclear strikes regardless of its hypersonic missiles. AdvertisementTheir next step, they said, would be to research how easily a skip-gliding missile can maneuver and navigate laterally.

Persons: —, they've, Yong Enmi, Washington, Jennifer Kavanagh, Kavanagh, David Kearn, Biden, Kearn Organizations: Service, China Aerodynamics Research, Development Center, Business, Astronautics, China Morning Post, US, Defense, People's, Army, PLA, Government, St, John's University Locations: China, Hong Kong, Nazi Germany, Beijing, Washington, Hawaii, United States

☆ Ukraine's Kursk incursion shows it's learned not to tease its big offensives before going in for the kill
▼ + stars: | 2024-08-13 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

The New York Times' report on the prelude to the bold, cross-border attack gives a glimpse at Ukraine's emphasis on secrecy this time. AdvertisementMost notably, Ukraine's leaders largely kept mum about the offensive even days after reports emerged that Kyiv's troops were pushing miles deep into Kursk. The Times' latest report described how Ukraine's researchers had started studying past campaigns after the failures of 2023. AdvertisementIn Kursk, Russian forces look like they've been caught off guard. Ukraine is reported to have broken through defensive lines along several positions, saying on Monday that it's seized 28 villages.

Persons: —, it's, Artem, Volodymyr Zelenskyy, Zelenskyy Organizations: Service, Ukraine, Kremlin, Business, New York Times, The Times, Times Locations: Kursk, Ukrainian, Ukraine, Russia, Kyiv, Crimea

Search resuls for: "Matthew Loh"

25 mentions found