Air assets from the United States and South Korea kicked off their annual exercises this week at this year’s Vigilant Defense drills. During the drills, 130 U.S. and South Korean warplanes will work on simulating 24-hour wartime operations. The air armada includes different variations of the fifth-generation F-35 stealth fighter, F-16s, refueling tankers and other…

Elon Musk wants X to handle users’ “entire financial life,” and it could be possible as early as next year. According to The Verge’s reporting, Musk and CEO Linda Yaccarino mentioned this timeline to employees during an all-hands call on Thursday, Oct. 26. “It’s not just like ‘send $20 to my friend,’” Musk said. “I’m…

A Chinese fighter jet nearly collided with an American B-52 bomber over the South China Sea on Tuesday, Oct. 24, according to the U.S. Indo-Pacific Command. The U.S. released video of the near collision on social media on Thursday, Oct. 26. U.S. officials said the Chinese pilot “flew in an unsafe and unprofessional manner,” and…

The United States carries out airstrikes on Iranian-backed groups in Syria after attacks on U.S. troops. And a new Democratic candidate steps forward to challenge President Biden in 2024. These stories and more highlight The Morning Rundown for Friday, Oct. 27, 2023. US strikes against Iranian-backed groups in Syria after troops attacked The United States…

Honda and General Motors are scrapping a $5 billion plan to jointly develop affordable electric vehicles. On Oct. 25, about a year and a half after the endeavor was first announced, the two companies announced they were pulling the plug on their low-priced EV collaboration, which at the time had an aim of beating out…

Republicans in the Senate are at odds as they review a request from President Biden to pass a $106 billion national security package. Though the package has received bipartisan support, it’s still missing the Senate votes it needs to pass. The national security package includes: In order for the package to clear the Senate filibuster…

On Monday, Oct. 23, President Joe Biden announced 31 regional tech hubs across 32 states and Puerto Rico eligible for $500 million in federal funding made available through the August 2022 CHIPS and Science Act. The chosen areas will compete for up to $75 million each to scale up work in emerging tech fields, from…

An electric vehicle (EV) battery maker based in China could use its technology to install malware on EVs, monitor EVs, shut down charging networks and cripple the U.S. electrical grid nationwide. The Chinese company, Contemporary Amperex Technology (CATL), dominates the global EV battery industry, but the Foundation for Defense of Democracies concluded in its new…

According to Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin, the United States will be prepared to take action if Iranian proxies carry out any attacks against U.S. soldiers or personnel in the Israel-Hamas war. During a televised interview with CBS’ “Face the Nation” on Aug. 22, Blinken said the Biden administration…