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US communications agency is the unlikely spearhead of Trump's China policy

US communications agency is the unlikely spearhead of Trump's China policy

By Michael Martina and Alexandra Alper WASHINGTON, Aug 10 (Reuters) - The Federal Communications Commission, once better known for spectrum auctions and licensing television stations, has emerged as the unlikely leader of some of the Trump administration's most aggressive actions against China.
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U.S. Government's $400 Million Loan to Australian Miner Aims to Secure Scandium Supply

U.S. Government's $400 Million Loan to Australian Miner Aims to Secure Scandium Supply

U.S. Government's $400 Million Loan to Australian Miner Aims to Secure Scandium Supply
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South Korean Authorities Arrest Two Ex-Chinese Military Personnel for Espionage

South Korean Authorities Arrest Two Ex-Chinese Military Personnel for Espionage

Two former Chinese military servicemembers have been arrested in South Korea on charges of espionage. The individuals are accused of intercepting communications between fighter jets and ground control, as well as collecting information on U.S. military movements. One suspect, a Chinese national in his 60s, allegedly set up an interception device near a joint South Korean-U.S. air base. The other suspect, in his 40s, is accused of gathering information from the U.S. military headquarters near Seoul. Both men previously served in the Chinese military and are charged with violating laws on aiding the enemy and protecting communication secrets.
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Cybersecurity Firm Discovers Vulnerability in Chinese-Made Routers Affecting Global Networks

Cybersecurity Firm Discovers Vulnerability in Chinese-Made Routers Affecting Global Networks

Cybersecurity firm VulnCheck has identified a significant vulnerability in routers manufactured by ZBTLink, a Chinese company. This vulnerability, described as a concealed entry point, could potentially allow operators to infiltrate and sabotage connected devices. The issue affects up to 20 different models of ZBTLink-branded routers, with an estimated 100,000 of these devices currently in use worldwide. The discovery highlights ongoing concerns about the security of technology products manufactured in China, as the country's influence in global manufacturing and technology continues to grow. Such vulnerabilities pose a risk of cyberattacks that could disrupt communications and infrastructure without direct confrontation.
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Pan Pacific Championships 2026: U.S. Swimmers Prepare for Major International Meet

Pan Pacific Championships 2026: U.S. Swimmers Prepare for Major International Meet

Pan Pacific Championships 2026: U.S. Swimmers Prepare for Major International Meet
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Pentagon's $400 Million Investment in Australian Scandium Mine Targets Supply Chain Security

Pentagon's $400 Million Investment in Australian Scandium Mine Targets Supply Chain Security

Pentagon's $400 Million Investment in Australian Scandium Mine Targets Supply Chain Security
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U.S. Defense Acquisition Process Criticized Amid Global Arms Shortage

U.S. Defense Acquisition Process Criticized Amid Global Arms Shortage

Representative Jason Crow from Colorado, a member of the House Armed Services and Intelligence Committees, has criticized the U.S. defense acquisition process as outdated and unable to keep pace with the rapidly evolving nature of modern warfare. This criticism comes amid concerns over the depletion of U.S. missile reserves due to ongoing military engagements, particularly the conflict with Iran. The depletion has raised alarms about the U.S. military's readiness and has led to delays in arms deliveries to European and Asian allies. The situation is further complicated by increased missile production by Russia, which outpaces the Western allies' ability to produce air defense systems.
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Pentagon Urges Defense Contractors to Boost Production Amid Munitions Shortage

Pentagon Urges Defense Contractors to Boost Production Amid Munitions Shortage

The Pentagon is pressuring defense contractors to increase production of critical weapons systems due to a growing munitions shortage exacerbated by ongoing military engagements. A memo from Deputy Defense Secretary Steve Feinberg has instructed manufacturers to present plans for faster supply and expanded production capacity within 21 days. The U.S. military has seen a significant depletion of its stockpile, with Patriot and THAAD interceptors falling by 65% and 38% respectively since the start of the conflict. The Pentagon has awarded contracts to Lockheed Martin and Northrop Grumman to triple and quadruple production capacities for Patriot and THAAD components. Additionally, the Pentagon is seeking to diversify its suppliers by involving younger technology companies in its procurement processes.
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Billionaire investor shorting SpaceX says one possible fix won't work

Billionaire investor shorting SpaceX says one possible fix won't work

The bearish case against SpaceX keeps finding new voices. I've now tracked short theses from Doug Kass, warnings from the former Nasdaq CEO, my colleague’s piece on Michael Burry walking away from the trade, and Jim Cramer urging patience before the lockup expiration.  Now add Peter Andersen ...
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U.S. Department of Defense Commits $400 Million to Australian Scandium Mine

U.S. Department of Defense Commits $400 Million to Australian Scandium Mine

The U.S. Department of Defense has announced a $400 million conditional loan to Sunrise Energy Metals for the development of a primary scandium mine in New South Wales, Australia. This project aims to establish a Western-aligned supply chain for scandium, a critical rare earth element used in aerospace and defense technologies. The initiative is part of a broader $3 billion investment by the U.S. to enhance domestic production of critical minerals and reduce reliance on China, which currently dominates the scandium market.
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China's Hypersonic Missiles Pose Strategic Challenge to U.S. in Taiwan Conflict

China's Hypersonic Missiles Pose Strategic Challenge to U.S. in Taiwan Conflict

China's development and deployment of hypersonic anti-ship missiles, such as the YJ-20, are enhancing its military capabilities in the first island chain, which includes Taiwan. These advancements are part of China's broader strategy to establish anti-access/area denial (A2/AD) capabilities, potentially diverting U.S. and allied naval forces in the event of a conflict over Taiwan. The YJ-20 missile, showcased in a recent military parade and now in mass production, exemplifies China's focus on modernizing its naval defenses to counter U.S. military presence in the region. This development is part of China's ongoing military modernization efforts aimed at narrowing the technological gap with the United States.
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U.S. Government Invests $3 Billion in Critical Minerals to Bolster National Security

U.S. Government Invests $3 Billion in Critical Minerals to Bolster National Security

U.S. Government Invests $3 Billion in Critical Minerals to Bolster National Security