defense

Ukraine’s ousted pro-tech defense minister is launching a new company backed by Palantir’s Alex Karp

Mykhailo Fedorov, who helped drive rapid innovation in battlefield technology, particularly drones, before being ousted as Ukraine’s defense minister this summer, is launching a defense tech company.The new company will focus on developing defense technologies intended to strengthen Ukraine and support partners, Fedorov said in a release, promising “more details…

California AG says Paramount’s Netflix defense misses the point

Rob Bonta, California’s attorney general, says it’s not his job to protect Hollywood giants from the rise of Netflix and other streaming insurgents.This week, Bonta and 11 other attorneys general sued Paramount Skydance to stop its deal to buy Warner Bros. Discovery. Paramount says it needs the deal to compete…

The 50 most expensive militaries in the world, ranked by defense budget

Global military budgets in 2025 totaled $2.6 trillion. The US accounted for more than a third of that total.The US has the world’s most expensive military, spending nearly $1 trillion on defense. That’s over three and a half times China’s reported defense budget, the next largest.From spending on nuclear technology…