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US threatens military action if China sets up Solomon Islands base: ‘Would very naturally respond’
A top US official in the Pacific has warned that America would have to “respond” if the Solomon Islands allows China to establish a military base there.Following a “constructive and candid” 90-minute meeting with prime minister Manasseh Sogavare, ambassador Daniel Kritenbrink said that the security deals between China and the Solomon Islands present “potential regional security implications” for the US and other allies.“We wanted to outline for our friends in the Solomons what our concerns are,” Mr Kritenbrink, US assistant secretary for East Asian and Pacific Affairs, told reporters.“We have respect for the Solomon Islands’ sovereignty. But we also...
pymnts.com
EU’s Open Finance May Include Big Tech Ban
The European Commission launched three consultations on May 10, two related to the review of the second payment service directive (PSD2) and one about open finance. The open finance consultation, which came in the form of a questionnaire, offers information about the public policies that the EU may be considering.
pymnts.com
Car Subscription Firm FINN Raises $110M to Expand Across US, Europe
Car subscription platform FINN on closed a $110 million Series B fundraising round that it will use for continued growth across the U.S. and Europe, according to a Wednesday (May 25) press release. Korelya Capital, Keen Venture Partners, Climb Ventures, Greentrail Capital and Waterfall Asset Management led FINN fundraising round,...
americanmilitarynews.com
China threatens US after Biden says he’ll defend Taiwan
Chinese officials threatened to take actions to “safeguard” their sovereignty after President Joe Biden said on Monday that the U.S. would intervene militarily if China invaded Taiwan. In a press conference while visiting Japan, Biden was asked whether he would intervene militarily if China invaded Taiwan. Biden replied,...
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Gen. Mark Milley: If Russia gets away with war on Ukraine 'cost-free,' then 'so goes' international order
International order will be thrown out the window if Russia is able to escape consequences over its invasion of Ukraine, US Gen. Mark Milley told CNN.
The FBI seized Prada shoes, sunglasses, and hiking boots during raids on 2 mansions linked to a sanctioned Russian oligarch, report says
The FBI also seized financial records and fine art in the October 2021 raids on properties linked to billionaire Oleg Deripaska, per Bloomberg.
Russia Threatens Japan With 'Retaliatory Measures' Over U.S. Naval Exercise
Russian Deputy Foreign Minister Igor Morgulov made the comments to Russian state-owned newswire RIA Novosti.
Pregnant women in North Korea are being forced to give birth in warehouses and hotels as the country buckles under its COVID crisis: report
Expectant mothers in quarantine are only given two painkiller pills a day — the same treatment given to all COVID-19 patients, sources told RFA.
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US News and World Report
U.S. Offers $10 Million Reward for Information on Russian Intelligence Officers -State Dept
WASHINGTON (Reuters) - The United States on Tuesday offered a reward of up to $10 million for information on six people it described as Russian military intelligence officers who had conducted cyber attacks affecting critical U.S. infrastructure. The six officers work in a cyber-focused unit of Russia's Main Intelligence Directorate...
For NATO pilots trained to fly MiGs, learning to fly the F-35 'is far too much to grasp,' former F-35 test pilot says
The former F-35 test pilot Billie Flynn told The Aviationist that moving to the "cosmic spaceship" that is the F-35 was too much to ask of MiG pilots.
Kim Jong-un orders North Korea’s nuclear programme to go ahead at ‘maximum speed’ during military parade
Kim Jong-un has vowed to bolster North Korea’s nuclear forces at “maximum speed” in a defiant speech during a massive military parade on Monday night.In his speech, Mr Kim also made an open threat that North Korea would use its “nuclear forces” against countries that provoked it.The military parade that started late on Monday night showcased the country’s largest-known intercontinental ballistic missile (ICBM) among other weapons.“We will continue to implement measures aimed at strengthening and developing our country’s nuclear forces at the maximum speed,” Mr Kim told his troops and the crowd gathered for the parade at a Pyongyang...
Twitter Founder Jack Dorsey Breaks Silence on Musk Takeover: 'I Trust His Mission to Extend the Light of Consciousness'
Dorsey, who was CEO of the company until November 2021, took to the platform to pen his thoughts on the new changes.
HipHopDX.com
Ice Cube Has A Request For Elon Musk Following $44B Twitter Acquisition
Ice Cube returned from a trip to Morrison, Colorado last week where he performed at the historic Red Rocks Amphitheater alongside Cypress Hill, E-40 and Too $hort for the annual 420 on the Rocks show. Now presumably back at home in Los Angeles, the N.W.A legend has turned his attention...
MedicalXpress
New modeling shows that 'shielding' strategies instead of lockdowns would have led to tens of thousands more deaths
Shielding those vulnerable to COVID-19, while allowing the virus to spread, largely unmitigated, through the rest of the population, would have failed according to a new modeling paper published today in PLOS Global Public Health by University of Bath scientists. Shielding strategies or "focused protection", as advocated for in the...
pymnts.com
Today in TechREG: ECB Warns Crypto Could Shake Financial Stability
On Tuesday (May 24), the European Central Bank (ECB) published a report flagging possible financial stability risks in the future if crypto assets continue to grow at the same pace. A group of EU lawmakers are using a week without parliamentary sessions to travel to Silicon Valley to meet tech companies and authorities to learn about latest tech developments and to discuss policies. India’s Central Bank Governor also issued warnings about the risks of cryptocurrencies.
pymnts.com
WooCommerce Offers Access to TikTok’s 1 Billion Members
Open-source eCommerce platform WooCommerce has launched a partnership with TikTok designed to connect Woo’s 3.7 million stores to TikTok’s more than 1 billion users. As the company said in a news release Wednesday (May 25), that connection will happen through a new extension called TikTok for WooCommerce, which lets merchants sync their catalog to TikTok and promote their products through ads on the video platform.
pymnts.com
Snap Says Hiring, Spending Will Slow After Issuing Profit Warning
Snap has issued a profit warning, saying it will cut back on hiring and spending, part of a larger trend of social media companies struggling to adapt to a changing digital advertising market, The Wall Street Journal (WSJ) reported. The platform said it is dealing with several issues, such as...
pymnts.com
PYMNTS AM Radar: Tailor-Made Shopping; B2B Saudi Arabia; One-Stop, Back-Office Shop; Trust Factors; ICYMI
Today is Wednesday (May 25), and it’s National Tap Dance Day, so have at it and break a sweat in minutes. It’s also National Towel Day, Senior Fitness Day and National Wine Day, so there’s sort of a theme going. India is also pulling back on its...
Uncrewed Boeing Starliner capsule undocks from space station for return to Earth
May 25 (Reuters) - The uncrewed new Boeing (BA.N) Starliner capsule undocked from the International Space Station on Wednesday to begin a descent back to Earth from its first journey to the outpost, nearing the end of a high-stakes test flight as NASA's next vehicle for carrying humans to orbit.
pymnts.com
Satisfaction In The Age Of eCommerce: How Online Merchants Are Cultivating Long-Term Customer Ties
Four Key Ways Online Merchants Can Unlock Customer Trust. After polling more than 2,153 consumers for the Satisfaction In The Age Of eCommerce report, a collaboration with Riskified, PYMNTS found four factors that merchants can use to shore-up customer trust and drive growth. 85%: Share of consumers who say they...
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