DefenseNews

Boeing expands drone exams to Lockheed C-5 with eye on broader fleet

DOVER AIR FORCE BASE, Del. — The hangar was relatively empty. Not even the Lockheed Martin C-5, some 250 feet long and 65 feet high, filled the space outright. No maintainers milled about, no drills whirred and no hammers clanged. But the steady hum of spinning blades echoed through the chamber at Dover Air Force Base in Delaware, as a drone autonomously maneuvered around the transport…
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DefenseNews

US approves sale of F-16 jets to Turkey, F-35s to Greece

WASHINGTON — The Biden administration has approved the sale of F-16 fighter jets to Turkey following the Turkish government’s ratification this week of Sweden’s membership in NATO. The move is a significant development in the expansion of the alliance, which has taken…
Cleantech & EV'sNews

Tesla chair prepares to sell up to $50 million in stock

Tesla’s chairwoman, Robyn Denholm, has signed a new contract with the company to prepare to sell up to $50 million worth of TSLA stock. Denholm is an Australian businesswoman who has long been the head of Tesla’s board of directors. She came to the role after CEO Elon Musk was forced to step down from the chair as a punishment for his “take private” tweet that was deemed misleading by the…
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Cleantech & EV'sNews

Tesla is defending Elon Musk's anti-union tweet all the way to the Fifth Circuit

Tesla is taking up a fight to defend Elon Musk’s tweet that threatened to remove employee stock options if they decide to unionize all the way to the Fifth Circuit court of appeal. This is coming out of an old fight dating back to the UAW’s last unsuccessful push to unionize workers at Tesla’s Fremont factory and other locations. Amid that push in 2017-2019, Tesla fought back the effort…
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CryptoNews

Hong Kong to Strenghten OTC Crypto Market Regulation

Hong Kong will now focus on regulating over-the-counter (OTC) cryptocurrency trading, according to local sources. Under Secretary for Financial Services and the Treasury Joseph Chan Ho-lim stated that the government will aim to mitigate the risks of virtual assets amidst the rising interest of mainland investors using the city as a bridge to invest in crypto assets. Hong Kong to Push Stronger…
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