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North Korea tests new cruise missiles

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North Korea claims to have “successfully” test-fired new long-range cruise missiles, which hit their targets 1,500 km away

The North’s official Korean Central News Agency describes the missiles as a “strategic weapon of great significance”.

The tests took place over the weekend, just days after the reclusive nation celebrated the 73rd anniversary of its founding with a late night military parade.

State media says the missiles flew for 7,580 seconds along “oval and pattern-8 flight orbits” and landed in the nation’s territorial waters.

The missile tests are the first that Pyongyang has carried out since March. North Korean leader Kim Jong Un does not appear to have been in attendance for the launches.

Bruce Wolpe from the United States Studies Centre says North Korea wants to create some attention.

“When Kim engages in these acts, he’s essentially saying pay attention to me… don’t forget I’m here. And he rattles the cage,” Wolpe told Ticker News.

The Korean Central News Agency says the test provides “strategic significance of possessing another effective deterrence means for more reliably guaranteeing the security of our state and strongly containing the military manoeuvres of the hostile forces”.

“The development of the long-range cruise missiles, a strategic weapon … has been promoted according to the scientific and reliable weapon system development process over the past two years.”

north korea state media

STALLED NUCLEAR NEGOTIATIONS

The latest missile tests come amid a protracted standoff between North Korea and the United States.

Negotiations to get North Korea to give up its nuclear arsenal have remained stalled since 2019.

Pyongyang says it won’t give up its nuclear weapons, while America pursues a “hostile” policy.

Bruce Wolpe believes U.S. President Joe Biden will see the missile tests as justification for his decision to pull troops out of Afghanistan.

“It affirms, at least in President Biden’s mind, the wisdom of the decision to withdraw from Afghanistan because there are other issues that need his attention and focus,” Bruce Wolpe says.

The U.S special envoy for North Korea, Sung Kim, is visiting Japan this week to meet with his counterparts from South Korea and Japan.

One of the pressing issues up for discussion is how to denuclearise the Korean Peninsula.

But as history shows, it’s no easy feat.

The Biden administration says the best way to address the nuclear threat is through diplomacy and dialogue.

The special envoy has even offered to meet his North Korean counterparts “anywhere, anytime without preconditions.”

But North Korea has not been willing to engage.

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SpaceX IPO could make Elon Musk’s Mars dream a trillion-dollar reality

SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.

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SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.


Investors are buzzing as SpaceX gears up for a potential IPO, aiming to raise more than $25 billion, possibly as soon as June. The offering could value the company at over $1 trillion, fueling Musk’s ambitious plans for Mars and beyond.

Despite the high-risk nature of space ventures, demand from retail investors is expected to be strong. Experts predict this IPO could become historic, with the company’s market value potentially soaring past $2 trillion once it launches.

Musk’s unconventional management style hasn’t slowed investor enthusiasm, even amidst regulatory hurdles. The funds raised could also support groundbreaking innovations, including energy-efficient space data centers.

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#SpaceX #ElonMusk #IPO #MarsMission #Investing #StockMarket #TrillionDollar #SpaceTech


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Russia shoots down 280+ Ukrainian drones as Zelenskyy pushes new peace plan

Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.

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Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.


Russia’s Defence Ministry claims it has shot down over 280 Ukrainian drones, with 40 intercepted near Moscow, some targeting the city directly. Emergency services responded to debris, and temporary flight restrictions were enforced at Moscow’s airports amid the attacks.

Meanwhile, President Zelenskyy revealed his team is finalizing a revised 20-point peace proposal, introducing new ideas on territorial control. Ukrainian and American officials are set to consult online, focusing on security guarantees rather than the detailed points of the plan.

As tensions rise, both military clashes and diplomatic efforts continue to shape the future of the conflict. Keep up with the latest updates and expert analysis on these unfolding events.

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#UkraineConflict #RussiaUkraine #Zelenskyy #DroneAttack #PeacePlan #Moscow #WorldNews #TickerUpdates


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Disney invests $1B in OpenAI to generate Marvel, Star Wars, and Pixar videos

Disney invests $1 billion in OpenAI for AI-generated videos featuring iconic characters, enhancing fan interactions and launching in 2026.

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Disney invests $1 billion in OpenAI for AI-generated videos featuring iconic characters, enhancing fan interactions and launching in 2026.


Disney is taking AI to the next level, investing $1 billion in OpenAI to create a licensing deal that allows users to generate videos featuring more than 200 characters from Disney, Marvel, Star Wars, and Pixar. This partnership could redefine how fans interact with their favorite characters.

The deal will let users stream short AI-generated videos directly on Disney+, and ChatGPT will also produce images of Disney’s licensed characters. However, the agreement excludes talent likenesses or voices, keeping human performances separate.

Set to launch in 2026, the collaboration also gives Disney warrants to purchase additional OpenAI equity and use AI tools for product development, opening doors to new creative opportunities.

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