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Head of Russian Space Program Mysteriously Axed

Futurism

Russia's space chief Yuri Borisov has been replaced by former Roscosmos staffer and former deputy minister of transport Dmitry Bakanov, Ars Technica reports. The news comes less than three years after Dmitry Rogozin, Russia's former highly abrasive and unpredictable space head, was replaced by Borisov.

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Apple and Google must allow developers to use other payment systems, new Korean law declares

The Verge

South Korea’s National Assembly passed the bill on Tuesday. We believe user trust in App Store purchases will decrease as a result of this proposal—leading to fewer opportunities for the over 482,000 registered developers in Korea who have earned more than KRW8.55 Neither company is happy about it. Neither company is happy about it.

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Fresh off dramatic majority shareholder exit, Firefly could be headed for a SPAC

TechCrunch

Aerospace private equity firm AE Industrial Partners (AEI) announced last month that it had reached an agreement to acquire a “significant stake” in Firefly after its largest shareholder, Ukrainian Max Polyakov, was forced to sell his shares over national security concerns. ” The move would not be unprecedented for AEI.

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Daily Crunch: In latest earnings release, Twitter admits to miscounting users for the second time

TechCrunch

And it didn’t count right, revealing that it was reporting more users than it really had — by nearly 2 million — something Sarah points out is “a predicament that may have encouraged the company to more seriously consider its acceptance of Elon Musk’s proposal to take the company private in a $44 billion deal.”

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China restricts exports of high-performance drones in blow to DJI

TechNode

It comes after Beijing faces accusations from the US that China may supply Russia with military technology for its conflict against Ukraine, Reuters has reported. Context: DJI, with the lions share of the global consumer drone market at over 70%, suspended sales and after-sales services in Russia and Ukraine in April 2022.

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US weighs potential regulations on Chinese drones

TechNode

The US Commerce Department said Thursday it is evaluating new regulations to address national security concerns that could limit or prohibit Chinese drones in the country, Reuters reported. Within a year, an unspecified US agency must assess whether drones from these companies pose significant national security risks. Reuters ]

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Joe Biden invokes Defense Production Act for EV batteries and clean energy

The Verge

During his remarks, Biden announced a full ban on imports of Russian oil and energy products as an additional step in holding Russia accountable for its invasion of Ukraine. High-purity nickel is a key component of rechargeable batteries, and about 20 percent of the world’s nickel supply comes from Russia.

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