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Zelensky's Interceptor Drones Deployed Across Eurasia, Now Shooting Down Iranian Shaheds
Zelensky's Interceptor Drones Deployed Across Eurasia, Now Shooting Down Iranian Shaheds
Three weeks after President Volodymyr Zelensky announced that Ukrainian drone specialists were helping five Gulf states counter Iranian Shahed drones and build low-cost interceptor-based air defenses, he revealed Friday that Ukrainian military personnel had just recently shot down Shaheds in the Gulf theater.
"Our teams are already working with five countries on countering (Iran's) 'Shahed' drones — we have provided expert assessments and are helping build a defense system," Zelensky stated on X in mid-March.
By Friday, AP News quoted Zelensky...
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Aug 28, 2026 / Tyler Durden
PayPal Crashes After Advent, Stripe Abandon $50 Billion Takeover Bid
PayPal Crashes After Advent, Stripe Abandon $50 Billion Takeover Bid
PayPal shares plunged as much as 16% in premarket trading Friday, the most in months if the losses hold through the cash session, after a consortium led by private-equity firm Advent International and payments giant Stripe abandoned its takeover bid for the struggling payment processor.
Bloomberg reports that the consortium offered more than $50 billion for PayPal in what would have been one of the largest leveraged buyouts in history.
As per the report:
The group is no longer pursuing a deal for...
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May 16, 2026 / Tyler Durden
Samsung, South Korean Union Resume Talks As Strike Threat Risks Disrupting Memory Chip Fabs
Samsung, South Korean Union Resume Talks As Strike Threat Risks Disrupting Memory Chip Fabs
Heavy selling swept across Asian markets on Friday, with South Korea's benchmark KOSPI plunging 6% as traders aggressively reduced exposure to the country's semiconductor sector. Samsung Electronics and SK Hynix led the decline. The catalyst for the sell-off was labor action risk headlines at Samsung, where the company's union threatened a strike that could disrupt production lines at the world's largest memory chip manufacturer.
By Saturday morning, there was a major sigh of relief: Samsung and its...
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Mar 30, 2026 / Kyle Anzalone
Report: Iranian Oil Profits Doubled Since Start of War
Since the US and Israeli surprise attack on Iran, Tehran has continued to export oil that is selling at significantly higher prices. According to an analysis by The Economist, nearly all of the oil tankers currently exiting the Persian Gulf are linked to Iran. After the surprise attack on February 28, Tehran closed the Strait […]
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