On Saturday, Stratolaunch, a U.S. aerospace company, successfully conducted the first powered test flight of a new unmanned craft designed for hypersonic research. Hypersonic describes flight at speeds of at least Mach 5 or five times the speed of sound. CEO Zachary Krevor said in a statement that the Talon-A-1 vehicle “reached high supersonic speeds approaching Mach 5 and collected a large amount of data at incredible value to our customers.” Krevor said he could not disclose specific altitude and speed due to proprietary agreements with customers. The company’s massive…

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On Saturday, Stratolaunch, a U.S. aerospace company, successfully completed the first powered test flight of a new unmanned craft designed for hypersonic research. Hypersonic describes flight at speeds of at least Mach 5 or five times the speed of sound. CEO Zachary Krevor said in a statement that the Talon-A-1 vehicle “reached high supersonic speeds approaching Mach 5 and collected a large amount of data at incredible value to our customers.” Krevor said he could not disclose specific altitude and speed due to proprietary agreements with customers. The company’s massive…

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A potentially groundbreaking law is currently being considered by Congress, which, if approved, could go down in history as one of the most significant legislations in the United States. Senate Majority Leader Charles Schumer is the sponsor of the Unidentified Anomalous Phenomena Disclosure Act of 2023, which aims to promote openness regarding UFO-related matters. Despite enjoying substantial bipartisan backing, the bill’s fate hangs in the balance due to opposition from Republicans, making its passage uncertain. One early version of the bill creates, among other provisions, an expert panel to decide…

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On Tuesday, prosecutors announced that Changpeng Zhao, the CEO of Binance, has resigned and admitted his guilt in violating U.S. anti-money laundering regulations. This development comes as part of a $4.3 billion settlement that aims to resolve a lengthy investigation into the activities of the largest cryptocurrency exchange globally. Prosecutors described the deal, in which Zhao will personally pay $50 million, as one of the largest corporate penalties in U.S. history. It’s another blow to the crypto industry, which has been plagued by investigations stemming from the recent fraud of…

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According to the Pentagon, the United States’ F-35 fighter jet, which is the most expensive weapons program in the world, has become even more expensive. The total cost of developing and acquiring the aircraft is now estimated to be $438 billion, which is $26 billion higher than the previous estimate released a year ago. This increase of 6.5% is considered relatively modest compared to the program’s initial cost of $233 billion when Lockheed Martin Corp. was awarded the contract in 2001. “The cost data in question was provided after accounting…

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According to a recently published list, the largest digital giants in the world, such as Apple, Meta (owner of Facebook), and ByteDance (parent company of TikTok), will encounter the most stringent regulations imposed by the EU on their business operations. The European Commission, the EU’s powerful antitrust body, named 22 “core platform” services owned by six US tech companies – Google parent Alphabet, Amazon, Apple, Metal, Microsoft – and China’s ByteDance. Services included Apple’s App Store; Meta’s Facebook, Instagram and WhatsApp; Google’s YouTube video platform and Chrome browser and Apple’s…

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