Latest NEWS from The Drone Precinct

Chinese online retailer JD.com raises $2.5 billion for logistics arm

BEIJING (Reuters) – JD.com Inc said on Wednesday it had raised $2.5 billion for its logistics arm, as the second-largest Chinese e-commerce firm seeks to further bolster its position in online retail in its home country and beyond. JD Logistics was valued at $10.9 billion prior to the new funding, which was led by Hillhouse […]

0
Like
Save
Senate Republican leader embraces Trump immigration plan

WASHINGTON (Reuters) – Senate Republicans on Tuesday turned up the heat on Democrats to accept demands from President Donald Trump for tougher immigration laws and a wall on the U.S.-Mexico border as part of a bipartisan deal to aid young “Dreamer” immigrants. Senate Majority Leader Mitch McConnell, a Republican, backed legislation to encompass Trump’s “four […]

0
Like
Save
Exclusive: Amazon paid $90 million for camera maker’s chip technology – sources

SAN FRANCISCO (Reuters) – Amazon.com Inc (AMZN.O) paid about $90 million to acquire the maker of Blink home security cameras late last year, in a secret bet on the startup’s energy-efficient chips, people familiar with the matter told Reuters. The deal’s rationale and price tag, previously unreported, underscore how Amazon aims to do more than […]

0
Like
Save
Israeli air strikes against Syria ‘biggest since 1982’

Media playback is unsupported on your device Media captionWhat happened? The Israeli military says it has inflicted huge damage on Syrian air defences after one of its fighter jets was shot down during a raid over Syria. The response was the “most significant attack” of its kind against Syria since the 1982 Lebanon war, said […]

0
Like
Save
Pyeongchang Games organizers probe possible cyberattack

PYEONGCHANG (Reuters) – Pyeongchang Olympics organizers were looking into a disruption of non-critical systems on the day of the opening ceremony but could not yet confirm if it was a cyberattack, Games spokesman Sung Baik-you said on Saturday. The Winter Olympics opened with a spectacular ceremony on Friday, attended by several heads of state who […]

0
Like
Save
Swarm of drones form Olympic rings at 2018 Winter Games opening ceremony

Watch a swarm of drones form the Olympic rings in mid-air at the Winter Olympics 2018 opening ceremony in Pyeongchang. WATCH MORE: Brave Tongan, Imagine and united Korea – best of opening ceremony Watch the 2018 Winter Olympics live on BBC TV, Red Button, Connected TVs, BBC Sport website and mobile app. Available to UK […]

0
Like
Save
U.S., Israeli drone makers keep wary eye on rising Chinese

SINGAPORE (Reuters) – Cheaper Chinese military drones are chipping away at U.S. and Israeli domination of the industry, fuelling a new race as companies predict a rise in demand especially in regions such as Asia. Chinese cut-rate versions of American armed drones like the MQ-9 Reaper have begun showing up in smaller African, Middle Eastern […]

0
Like
Save
SpaceX’s Falcon Heavy rocket soars in debut test launch from Florida

CAPE CANAVERAL, Fla. (Reuters) – The world’s most powerful rocket, SpaceX’s Falcon Heavy, roared into space through clear blue skies in its debut test flight on Tuesday from a Florida launch site where moon missions once began, in another milestone for billionaire entrepreneur Elon Musk’s private rocket service. The 23-story-tall jumbo rocket, carrying a cherry […]

0
Like
Save