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The media company that Donald Trump recently took public is suing its co-founders, accusing them of failing "spectacularly" to get the company off the ground and then trying to "thwart the deal." In February, Moss and Litinsky sued Trump Media in Delaware Chancery Court over their stake in the company. They made "wasteful decisions" that caused "significant damage" to Trump Media and a decline in DWAC's stock price, the company claims. Trump Media calls the claim that UAV is owed stock "baseless," and says the services agreement Trump signed with UAV in 2021 is no longer valid. Lawyers for Trump Media did not immediately respond to CNBC's request for comment on the lawsuit.
Persons: Donald Trump, Wesley Moss, Andrew Litinsky, Trump, Moss, Litinsky, Patrick Orlando, Eric Trump Organizations: Trump Media & Technology Group, United Atlantic Ventures, Trump, Trump Media, Corp, Nasdaq, Orlando's, Securities and Exchange Commission, Bloomberg, Lawyers Locations: Sarasota County , Florida, Delaware Chancery, Florida
US Military Says It Destroyed Houthi Drone Over Red Sea
  + stars: | 2024-03-16 | by ( March | At P.M. | ) www.usnews.com   time to read: +1 min
(Reuters) -The U.S. military said it destroyed a drone fired by the Yemeni Houthis on Saturday, with another presumed to have crashed into the Red Sea. CETNCOM also said it destroyed five unmanned surface vessels and one UAV in self-defence, in Houthi-controlled areas of Yemen. "It was determined these weapons presented an imminent threat to merchant vessels and U.S. Navy ships in the region," the statement read. Months of Houthi attacks in the Red Sea have disrupted global shipping, forcing firms to re-route to longer and more expensive journeys around Southern Africa, and stoked fears that the Israel-Hamas war could spread to destabilise the wider Middle East. The U.S. and Britain have carried out strikes against Houthi targets in response to the attacks on shipping.
Persons: CETNCOM, Hatem Maher, David Gregorio Organizations: Reuters, U.S, US Central Command, U.S . Navy Locations: Houthi, Yemen, U.S, Southern Africa, Israel, The U.S, Britain
Russian authorities said seven regions were targeted by a wave of Ukrainian drones overnight, with attacks carried out against the Belgorod, Bryansk, Kursk, Leningrad, Moscow, Oryol and Tula regions. Air defense systems destroyed and intercepted 25 Ukrainian drones (also known as UAVs, unmanned aerial vehicles) overnight over the regions, the Russian Ministry of Defense said, according to a statement published by the Tass news agency. In a separate report, Tass cited the defense ministry as saying it had foiled a separate attempt to target the border region of Belgorod with missiles and shelling. "In the morning, the Kstovo industrial zone, a fuel and energy complex facility, was attacked by unmanned aerial vehicles. Ukraine has repeatedly targeted Russian territory with drones on previous occasions, however, particularly targeting energy and fuel infrastructure, such as oil refineries.
Persons: Gleb Nikitin, Holly Ellyatt Organizations: Russian Ministry of Defense, Tass, Russian Federation, Ukrainian Armed Forces, Ministry of Defense, CNBC Locations: Belgorod, Bryansk, Kursk, Leningrad, Moscow, Oryol, Tula, Kiev, Nizhny Novgorod, Ukraine
Trump Media & Technology Group cofounders accused the company of conspiring to dilute their shares. The lawsuit could complicate an upcoming shareholder vote on a merger that would take the company public. The bid would see Trump's company, the parent company of his social media network Truth Social, merge with blank-check company Digital World Acquisition. The suit also claims that the Trump Media board planned to give new shares to "Trump and/or his associates and children," per The Post. The two-year attempted merger between Trump Media and Digital World Acquisition Corp has faced ongoing delays, partly due to SEC investigations into potential securities violations.
Persons: Trump Media & Technology Group cofounders, Andy Litinsky, Wes Moss, , Donald Trump's, Trump, Moss, Melania Organizations: Trump Media & Technology Group, Service, United Atlantic Ventures, Washington Post, Trump, Business, Twitter, Securities and Exchange, Digital, Trump Media, UAV, SEC
Donald Trump (R) and producer Andy Litinsky (L) attend the Comedy Central Roast Of Donald Trump at the Hammerstein Ballroom on March 9, 2011 in New York City. The partnership, United Atlantic Ventures alleges that Trump Media & Technology Group engaged in "wrongful 11th hour ... maneuvering" to dilute UAV''s minority stake in the media company, a court filing says. Donald Trump attends the 'Celebrity Apprentice' Red Carpet Event at Trump Tower on January 5, 2015, in New York City. "They actually went out and did the work, they created Truth Social, and now the beneficiary of that, Donald Trump, doesn't want to pay." CNBC has requested comment from spokesmen for Trump, TMTG and DWAC about the lawsuit, which was first reported by The Washington Post.
Persons: Donald Trump, Andy Litinsky, Moss, Wes Moss, Trump, Jean Carroll, Christopher Clark, Clark, Donald J, TMTG, UAV's, TMTG's Organizations: Trump Media, Twitter, Facebook, United Atlantic Ventures, Trump Media & Technology Group, Trump Tower, Trump, Republican, TMTG, CNBC, The Washington Post, Securities and Exchange Commission, Department of Justice, SEC Locations: New York City, TMTG, Delaware, New York, partnership's Delaware
The Russian war machine is running at full tilt and has a much larger pool of men to draw from than Ukraine to replenish its ranks. Zelensky said he and Zaluzhnyi had a “frank discussion about what needs to be changed in the army. Frontline units in several vulnerable areas told CNN in recent weeks that they were often chronically short of ammunition, particularly Western 155mm artillery shells. The Russian military continues to make mistakes, but it is learning and adapting, especially in the exploitation of attack and reconnaissance drones and electronic warfare. The Russian military has also exploited glide technology to deliver aerial bombs more accurately, one reason that the Ukrainian offensive in the south faltered last summer.
Persons: Volodymyr Zelensky,  Valerii Zaluzhnyi, Zaluzhnyi, Zelensky, Oleksandr Syrskyi, Syrskyi, Volodymyr Zelenskiy, , Matthew Schmidt, ” Schmidt, Frontlines, Diego Herrera Carcedo, , Kyrylo Budanov, Schmidt, Vadim Ghirda, Dmytro Kuleba, Budanov, Valerie Zaluzhnyi, , Serhii Naiev, Zaluzhnyi’s, Putin, Vladimir Putin, Donald Trump, Mick Ryan, , Zaporizhzhia, Maxym, it’s Organizations: CNN, Presidential Press Service, Reuters, International Affairs, University of New, Getty, Ukrainian Military Intelligence, Biden, EU, Ukrainian, Russian, Ukrainian Armed Forces, Ukraine Gold Star, Ukrainian Presidential Press Service, Ukraine’s Joint Forces, St, Budanov, Security Service, US Naval Institute ., Hungary Locations: Kyiv, Russia, Donetsk, Kharkiv, Russian, Ukraine, Kupiansk, University of New Haven , Connecticut, Avdiivka, Anadolu, Zelensky, St Petersburg, Volgograd, Crimea, , US Naval Institute . Ukraine, Australian, Ukrainian
It was the second night in a row that aircraft from the Eisenhower have targeted Houthi militants in Yemen who are attacking cargo ships in the Red Sea. NBC News is currently the only news organization embedded with the U.S. Navy in the Red Sea while it is conducting strikes. Houthi militants based in Yemen have attacked roughly 30 cargo ships navigating the Red Sea since Nov. 19. Houthi leaders dismissed the U.S. and U.K. strikes on Saturday and vowed to continue their Red Sea attacks until Israel ends its military operations in Gaza. On Friday, the carrier's F/A-18 aircraft intercepted multiple drones that Houthi forces were preparing to launch, military officers told NBC News.
Persons: Eisenhower, Mason, Mohammed Al Organizations: EISENHOWER, Navy, , NBC News, U.S . Navy, U.S . Central Command, Maersk, U.S, Gaza, Nimitz, Desert Locations: Yemen, Red, U.S, Aden, Israel, Gaza, Iran
Read previewUkrainian forces deployed FPV attack drones to help obliterate an entire column of Russian armored vehicles, Metro reports. Video appears to show Ukraine exploding drones, finishing off 11 tanks and armored vehicles. Russian military bloggers have become increasingly frustrated by the Russian military's tactics. Russian forces continue self-sabotage by gathering in large groups to attack Ukrainian positions, making them an easy target for Ukrainian drones. Another Kremlin-affiliated milblogger argued that the Russian military command needs to stop attacking in mechanized columns due to repeated high equipment losses.
Persons: , Valerii Zaluzhnyi, Putin, milblogger, Gleb Molchanov Organizations: Service, Business, Metro, CNN News, Putin's, Russian, Ukraine, Guardian Locations: Ukraine, Novomykhailivka, Donetsk, Russia, Russian, US, Ukrainian, Moscow, Saint Petersburg
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 . Attacks against US forces continue despite US warnings and military retaliations in Iraq and Syria. In Syria, the US military targeted facilities used by these militias and Iran's hardline Islamic Revolutionary Guard Corps, IRGC, paramilitary. But as attacks on shipping continued, the U.S. and Britain targeted Houthi positions and weaponry inside Yemen with repeated airstrikes in January.
Persons: , Biden, Nicholas Heras, Asad, Ryan Bohl, RANE, Bohl, Washington, Lloyd Austin, Heras, Joe Biden Organizations: Service, New Lines Institute, US, Islamic Revolutionary Guard Corps, U.S, U.S . Central Command, East, Screengrab, Ministry of Defense, U.S . Navy, The New York Times, Hamas, Biden Locations: Iran, Iraq, Syria, United States, Baghdad, Gaza, Al, U.S, North Africa, Yemen, Red, Israel, Iranian
Video online apparently shows a new jet-powered Ukrainian drone. AdvertisementUkraine appears to have developed a new, jet-powered exploding drone that could strike deep into Russia. Footage of the unmanned aerial vehicle (UAV) was first posted by Ukrainian drone developer Max Glushak on Facebook and reported by military websites, including Militarnyi. AdvertisementIt would not be the first jet-powered drone Ukraine has produced amid an intensifying race with Russia to create ever faster and more devastating UAVs. Rogers said that Ukraine's overstretched manufacturing sector might struggle to produce enough jet-powered drones, which are more expensive and difficult to build.
Persons: , Max Glushak, Glushak, James Rogers, Rogers Organizations: Service, Ukrainian, Facebook, Business, St, UK's, of Defence, Ukraine Locations: Ukraine, Russia, St Petersburg, Iran
Russia claimed that Ukraine attacked several Russian regions with drones overnight, including the northwest Leningrad region for the first time. The defense ministry said Thursday that air defense systems shot down drones over the regions of Moscow and St. Petersburg, with one official claiming Ukraine targeted a Russian oil terminal in Leningrad, the northwestern Russian region where St. Petersburg is located. The port infrastructure was not damaged and no one was injured, the official said. If accurate, however, it would mark the first time that the northern region of Leningrad, where St. Petersburg is, has been targeted by Ukraine. "The geography of UAV [unmanned aerial vehicle] strikes by the Ukrainian Armed Forces continues to expand," one Russian official noted.
Organizations: Ukraine, Ukrainian Armed Forces Locations: Russia, Ukraine, Leningrad, Moscow, St, Petersburg, Russian
UKMTO, Ambrey Receive Reports of Ship Attack Near Yemen's Aden
  + stars: | 2024-01-17 | by ( Jan. | At P.M. | ) www.usnews.com   time to read: +1 min
CAIRO (Reuters) - The United Kingdom Maritime Trade Operations (UKMTO) organization and British maritime security firm Ambrey said on Wednesday they had received reports of a incidents near Yemen's Aden. The United Kingdom Maritime Trade Operations (UKMTO) organization said in an advisory note that a ship had been attacked 60 nautical miles southeast of Aden. "Vessel and crew are safe and proceeding to next port of call", UKMTO later added in an updated advisory. Ambrey said that a Marshall Islands-flagged bulk carrier was hit by an unmanned aerial vehicle (UAV) 66 miles southeast of Aden as it was heading east along the Gulf of Aden. "The vessel's gangway incurred damage, and at the time of writing it was deemed not usable", Ambrey added in its advisory note.
Persons: Ambrey, UKMTO, Yomna Ehab, Muhammad Al Gebaly, Chris Reese, Sandra Maler Organizations: United Kingdom Maritime Trade Operations Locations: CAIRO, British, Yemen's Aden, Aden, Marshall, Yemen, Gaza, Africa
But French military technicians riding farther back in the aircraft, monitoring screens that display the word "secret" when idle, have a far more penetrating view. “We can detect aircraft, we can detect UAVs, we can detect missiles and we can detect ships. The Russian aircraft also seemingly spotted the French AWACS: Sensors along the fuselage picked up Russian radar signals. Able to fly for 12 hours without refueling, French AWACS aren't limited to surveillance, communications and air-traffic control missions for NATO. It says allied aircraft took to the skies more than 500 times in 2022 to intercept Russian aircraft that ventured close to NATO airspace.
Persons: Russia's, , Richard, , Major Romain, , snoop, Justin Bronk, ” Bronk Organizations: AIR FORCE, Associated Press, AP, NATO, AWACS, Boeing, Sensors, THE, Paris, U.S . Air Force, Royal United Services Institute, Russian Locations: Ukraine, Romania, France, Romanian, Russian, Crimea, NATO, Russia, , Azov, Poland, Europe, U.S, London, Brussels, russia, ukraine
Russia appears to be unable to counter Ukrainian drone attacks from the east bank of the Dnipro River, the UK MOD said. This is likely because of a shortage of Russian electronic warfare capability in the area. AdvertisementRussia appears to be unable to counter Ukraine's drone attacks on the Dnipro River because of a shortage of electronic warfare capability in the area, the UK's Ministry of Defence said. Analysts generally say Russia has the upper hand with electronic warfare technology that can jam and divert drones. However, this does not appear to be the case in the area around the Dnipro River, the UK department noted.
Persons: , Mykhailo Fedorov Organizations: MOD, Service, UK's Ministry of Defence, Krynky, Financial Times, Analysts, CNN, for Locations: Russia, Dnipro, Ukraine, Russian
Russia is suspected of having used a new Iranian exploding drone in Ukraine, though it's not confirmed. The weapon, Iran's jet-powered Shahed-238, is believed to offer a speed boost over the Shahed-136 loitering munition. With these new drones, Moscow could create more headaches for Ukraine's air defenses, experts say. Remain of a Russian-made Shahed 136 at an exhibition on May 12, 2023 in Kyiv, Ukraine. Bendett said Iran will likely be taking notes on how its drones are used on the battlefield in Ukraine.
Persons: it's, , hWuxfEUzSV, lY3Js7yPH4, 🐈🇺, Ma, sy Organizations: Service, Kyiv Post, Zone, Business Locations: Russia, Iranian, Ukraine, Moscow, Iran, Tehran, Russian, Kyiv, Kherson, Ky
Ukraine is already racing to catch up with Russia when it comes to electronic warfare. Electronic warfare, or EW, involves weapons or tactics using the electromagnetic spectrum. Pavlo Petrychenko, drone commander with Ukraine’s 59th Motorized Brigade, says destroying Russia's electronic warfare systems is crucial to Ukraine's war effort. Otherwise, there’s a real risk that electronic warfare systems can work against you, downing your own drones, Fedorov added. It’s a future where “electronic warfare capabilities, tactics are integrated into conventional force operations,” she added.
Persons: London CNN —, Pavlo Petrychenko, Pavlo Petrychenko “, ” Petrychenko, Russian jammers, Mikhail Mishustin, Valery Zaluzhny, ” Zaluzhny, Zaluzhny, Charlie Dietz, ” Dietz, Mykhailo Fedorov, ” Fedorov, Fedorov, “ oversaturating, , Petrychenko, , , Kari Bingen, Dietz Organizations: London CNN, Kyiv, Ukraine’s 59th Motorized Brigade, , CNN, High Mobility Artillery, Ukraine’s NATO, GPS, Russian Defense Ministry, TASS, Russian, Pentagon, HIMARS, Royal United Services Institute, Aerospace Security, Strategic, International Studies Locations: Ukrainian, Donetsk, Ukraine, Russia, Avdiivka, Ukraine’s, Russian, Moscow, United States, Kyiv, British
Ukraine is putting renewed effort into its fight against Russia's electronic warfare, CNN reported. AdvertisementUkraine is focused on destroying Russia's electronic warfare systems that are increasingly hampering its advanced weaponry, CNN reported. Electronic warfare systems can seriously hamper advanced weapons, by jamming signals or by confusing a missile as to where it is, causing it to miss its target. AdvertisementCompared to older weapons systems, modern systems like HIMARS are particularly vulnerable to electronic warfare because they use GPS to hit their targets, CNN noted. But he warned that Russia was outdoing Ukraine in developing its own electronic warfare systems.
Persons: , Pavlo Petrychenko, Petrychenko, Ukraine's, Mykhailo Fedorov, Valerii Zaluzhnyi Organizations: CNN, Service, KU, 59th Motorized Brigade, Economist, GPS, Royal United Services Institute, Pentagon, Business, outdoing Locations: Ukraine, Russia, outdoing Ukraine
Ukraine says its Vampire bomber drone is a nightmare for Russian troops and earned it an evil nickname. Vampire drones are harder to spot and fast and can drop bombs on unsuspecting targets in the dead of night. AdvertisementUkraine says its Vampire bomber drones are becoming such a nightmare for Russia that they've earned a menacing nickname among its troops. Part of the appeal of the Vampire, Ukraine says, is its thermal imaging, which allows operators to identify and target enemies at nighttime. Fedorov had previously shared footage in June of what he said was a Vampire drone delivering humanitarian aid to people on the Russian-occupied southern bank of the Dnipro River.
Persons: , they've, Baba, Wojciech Grzedzinski, Mykhailo Fedorov, Fedorov Organizations: Service, Ministry of Defense, , Mechanized Brigade, Anadolu Agency, Getty, Innovation, Science, Technology Locations: Ukraine, Russia, Russian, Ukrainian, Donetsk Oblast, Bakhmut, Dnipro
Ukraine unveiled a new drone it says can fly far behind enemy lines and is resistant to Russian jamming. The Backfire has a range of 20 miles and features a GPS antenna for navigation, Ukraine says. Both Ukraine and Russia have made advancements in their drone technology as UAVs dominate the war. AdvertisementUkraine has unveiled a new drone, and it says this model can fly far behind enemy lines and resist persistent Russian jamming. That makes Ukraine's new Backfire's potential to block Russian interference so vital, giving Ukraine an edge to fly along and behind enemy lines.
Persons: , Mykhailo Fedorov, Federov, Ukrainska, Fedorov, Ukrainska Pravda, it's, Ignacio Marin Organizations: Service, Innovation, Science, Technology, Ukrainska Pravda, Anadolu Agency, Getty, Troops Locations: Ukraine, Russia, Donetsk Oblast
Russia is advising troops to weld cages onto their vehicles and tanks to protect from drone attacks. Russia's advice: Weld cages onto any and every vehicle. In many cases, the ministry's official advice is to weld various shapes and sizes of cages to vehicles. Some illustrations show cages on top of tank turrets, while others show cages surrounding the sides, front, and back of vehicles. The cages aren't total to allow troops to still exit their vehicles, allowing access points for drones to swarm and destroy.
Persons: , Weld Organizations: Service, Russia's Ministry, Defense Locations: Russia, Ukraine, Russian
A HIMARS attack targeted a Russian drone training school in occupied Donetsk, say reportsActing head of the Donetsk People's Republic said six people were killed and 11 injuried in the attack. AdvertisementAdvertisementRussian officials say a Ukrainian missile attack on Ukraine's occupied eastern Donetsk region targeted a Russian drone pilot training center, Newsweek reports. Acting head of the Donetsk People's Republic, Denis Pushilin, said a Ukrainian HIMARS attack resulted in six deaths and 11 injuries. AdvertisementAdvertisementEarlier this year, a HIMARS attack on five Russian units gathered on a beach resulted in 200 casualties and destroyed equipment. "A lot of people want to become drone pilots because they think the work is further back and safer," one front-line commander told the outlet.
Persons: , Denis Pushilin, Vladimir Organizations: Donetsk People's, Mobility Artillery, Service, Newsweek, Euromaidan Press, Vladimir Zhoga Locations: Russian, Donetsk, Donetsk People's Republic, Ukrainian, Ukraine, Kherson, Russia, Zaporizhia
JERUSALEM, Nov 9 (Reuters) - An unidentified drone hit a civilian building in the southern Israeli port city of Eilat, the Israeli military said on Thursday, causing only light damage and no injuries. In recent weeks, the Iran-aligned Houthi movement in Yemen has launched repeated missile and drone attacks on Israel, but all were either shot down or fell short. Such premiums have soared 10-fold in recent weeks, adding tens of thousands of dollars to every voyage, industry sources say. The southern Mediterranean port of Ashkelon, which is closest to Gaza, has closed in recent weeks with at least one oil tanker diverted to Eilat. "This would be the first confirmed damage within the city of Eilat since the October 7 hostilities commenced.
Persons: Daniel Mueller, Ambrey, Emily Rose, Jonathan Saul, Maytaal Angel, Crispian Balmer, Alex Richardson, Daniel Wallis Organizations: Hezbollah, Hamas, Thomson Locations: Eilat, Iran, Yemen, Israel, United States, Ashkelon, Gaza, U.S, Ashdod
The Pentagon confirmed it has sent unarmed MQ-9 reaper drones to fly over Gaza. The Pentagon said the hi-tech drones were sent to support Israel's hostage-recovery efforts. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe US Defense Department confirmed Friday it has sent surveillance drones into Gaza, indicating the Pentagon is playing an active role in the effort to help rescue hostages held by Hamas. The unmanned and unarmed MQ-9 Reapers began flying in the region shortly after the October 7 terrorist attack by Hamas on Israel, Pentagon Press Secretary Air Force Brig.
Persons: Israel's, , Pat Ryder, Benjamin Netanyahu Organizations: Pentagon, Service, US Defense Department, Pentagon Press, Air Force, US Air Force, Department of Defense, New York Times, Times Locations: Gaza, Israel
Lebanon's Hezbollah: What weapons does it have?
  + stars: | 2023-10-30 | by ( ) www.reuters.com   time to read: +5 min
Here is an overview of some of Hezbollah's most significant weapons, based on Hezbollah statements, security sources, weapons experts and academic reports. Hezbollah says it has rockets that can hit all areas of Israel. Last year, he said Hezbollah had the ability within Lebanon to retrofit thousands of rockets with guidance systems to make them precision missiles. Hezbollah has posted videos of what it says are direct hits on Israeli tanks and other military vehicles since Oct. 7. Hezbollah has since broadcast videos that it says show more of the same weapons that were used in 2006.
Persons: Amr Alfiky, Israel, Sayyed Hassan Nasrallah, Nasrallah, Maya Gebeily, Timour Azhari, Tom Perry, Edmund Blair, Mark Heinrich Our Organizations: Hamas, REUTERS, Palestinian, Raad, Thomson Locations: Gaza, Israel, Palestinian, Beirut, Lebanon, Iran, Islamic Republic, Iraq, Syria, Dawn, Haifa
With tension climbing again, the Lebanese authorities issued precautionary guidance for evacuating the airport and surrounding installations in case of emergency. Israel's military said on Saturday it had "thwarted a surface-to-air missile that was fired from Lebanon" towards an Israeli unmanned aerial vehicle (UAV). It also said one its drones had hit a "terrorist cell" in Lebanon which had tried to launch an anti-tank missile at Israel. Sources have previously said Hezbollah's attacks on Israel were designed to keep Israel's army occupied without provoking a major war. Israel has said it has no interest in waging war and that if Hezbollah is restrained it will maintain the status quo.
Persons: Lebanon's, Riham, Edmund Blair, Giles Elgood Organizations: Lebanese, Beirut Rafic Hariri International Airport, Hamas, Thomson Locations: BEIRUT, JERUSALEM, Lebanon, Beirut, Gaza, Beirut Rafic, Israel, Naqoura, Dhayra, Jerusalem
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