World News

North Korea warns any interference with spy satellite would be ‘declaration of war’ on December 2, 2023 at 4:08 pm

Published

1 year ago

December 2, 2023

“Any attack on space asset of DPRK will be deemed declaration of war against it,” a statement by a spokesperson for North Korea’s defense ministry reads, according to the state-run Korean Central News Agency.

North Korea reportedly launched their spy satellite, known as the Malligyong-1, at the end of last month after two failed attempts. The North Korean government claimed the satellite photographed the White House last week, KCNA reported.

The Biden administration “strongly condemned” the purported launch, arguing it violated United Nations Security Council resolutions because it used ballistic missile technology — which the U.N. has barred North Korea from using.

“The president and his national security team are assessing the situation in close coordination with our allies and partners,” the Biden administration said in a statement at the time. “We urge all countries to condemn this launch and call on [North Korea] to come to the table for serious negotiations.”

The DPRK spokesman said Saturday that if the United States military deemed the satellite as a “military threat,” North Korea would turn its ire on U.S. satellites.

“If the reconnaissance satellite of the DPRK is regarded by the U.S. as a ‘military threat’ that must be gotten rid of, countless spy satellites of the U.S. flying above the Korean peninsula region every day, exclusively tasked with monitoring the major strategic spots of the DPRK, should be deemed the primary targets to be destroyed by the armed forces of the DPRK,” they wrote.

“In case the U.S. tries to violate the legitimate territory of a sovereign state by weaponizing the latest technologies illegally and unjustly, the DPRK will consider taking responsive action measures for self-defense to undermine or destroy the viability of the U.S. spy satellites by exercising its legitimate rights vested by international and domestic laws,” the spokesperson added.

North Korean leader Kim Jong Un held a celebration after the launch, claiming it “had propelled the country into a new era of space power.”

North Korea — officially known as the Democratic People’s Republic of Korea (DPRK) — warned early Saturday morning that any interference with its spy satellite would be a “declaration of war.” “Any attack on space asset of DPRK will be deemed declaration of war against it,” a statement by a spokesperson for North Korea’s defense…

Politics

Donald Trump Named TIME’s 2024 Person of the Year

Published

2 weeks ago

December 15, 2024

Bolanle Media Staff

Donald Trump has been selected as TIME magazine’s Person of the Year for 2024, marking his second time receiving this distinction. The former president, who won a historic comeback victory in the 2024 election, was chosen for his significant impact on global affairs and American politics.

TIME editor-in-chief Sam Jacobs explained the decision, citing Trump’s “comeback of historic proportions,” his role in driving “a once-in-a-generation political realignment,” and his reshaping of both the American presidency and the country’s global role. This recognition comes after Trump’s unprecedented achievement of reclaiming the White House after losing reelection four years earlier.

The selection process involved an extensive interview with Trump at Mar-a-Lago in November, covering a wide range of topics including the economy, foreign policy, and his plans for a second term. Notably, TIME took the unprecedented step of publishing a comprehensive fact-check alongside the interview transcript, examining 15 distinct assertions made by Trump.

Trump’s relationship with TIME has been tumultuous over the years. While he expressed honor at receiving the title in 2016, he has also criticized the magazine’s selections and even claimed he refused a potential Person of the Year offer in 2017. Despite this, Trump participated in the process this year, granting TIME access for an in-depth interview.

To commemorate the announcement, Trump rang the opening bell at the New York Stock Exchange (NYSE). This event marked a significant moment in Trump’s career, as it was his first time participating in this Wall Street tradition.

Trump’s selection as Person of the Year reflects his continued influence on American politics and his ability to reshape the political landscape. As the country prepares for his return to the White House, all eyes will be on how Trump’s second term might further impact both domestic and international affairs.

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Film Industry

Jay-Z Denies Allegations Amid Lawsuit

Published

2 weeks ago

December 9, 2024

Bolanle Media Staff

Jay-Z, the renowned rapper and music mogul, faces serious allegations in a recently amended civil lawsuit. According to ABC News and NBC News, the suit accuses him and Sean “Diddy” Combs of raping a 13-year-old girl at an MTV Video Music Awards after-party in 2000.

The lawsuit, initially filed in October 2024, was updated on Sunday to include Jay-Z as a defendant alongside Combs. The plaintiff, identified only as “Jane Doe,” claims she was assaulted after being driven to the party following the awards show.

Jay-Z, whose real name is Shawn Carter, vehemently denies the allegations. He released a statement on X calling the lawsuit a “blackmail attempt” and questioning why it was filed as a civil case rather than a criminal one. The rapper expressed concern about the impact on his family, stating he and his wife Beyoncé would need to discuss the situation with their children.

Combs, who is currently in federal custody on separate charges, has also denied the accusations through his attorneys. The lawsuit alleges that an unidentified female celebrity was present during the incident but did not intervene.

The case has garnered significant media attention, with both artists’ reputations at stake. As the legal process unfolds, the music industry and public await further developments in this high-profile case.

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Business

David Sacks: The New White House AI and Crypto Czar

Published

3 weeks ago

December 6, 2024

Bolanle Media Staff

According to CNBC and NBC News, David Sacks, a prominent venture capitalist and former PayPal executive, has been appointed as the White House AI and Crypto Czar by President-elect Donald Trump. This newly created position underscores the incoming administration’s focus on artificial intelligence and cryptocurrency as critical areas for American competitiveness.

Role and Responsibilities

Sacks will be tasked with several key responsibilities in his new role:

Guiding policy for the administration in AI and cryptocurrency
Establishing a legal and regulatory framework for the cryptocurrency industry
Safeguarding free speech online, and steering away from Big Tech bias and censorship
Leading the Presidential Council of Advisors for Science and Technology

Trump emphasized that Sacks will focus on making America the clear global leader in both AI and cryptocurrency.

Background and Qualifications

David Sacks brings a wealth of experience to his new position:

Former Chief Operating Officer of PayPal
Founder of Yammer, which was sold to Microsoft for $1.2 billion in 2012
Co-founder of Craft Ventures, a venture capital firm
Investor in major tech companies including SpaceX, Palantir, Uber, and Airbnb

Sacks is also known for his close associations with tech entrepreneurs like Elon Musk and Peter Thiel, being part of the “PayPal Mafia“.

Political Involvement

Sacks has been a vocal supporter of Trump during his campaign:

Hosted a fundraiser for Trump at his San Francisco estate, with tickets priced at $50,000 each and a more exclusive $300,000 tier
Delivered a speech at the Republican National Convention in Milwaukee in July 2024
Wrote a detailed essay on X explaining his reasons for supporting Trump

Implications for AI and Crypto Industries

The appointment of Sacks signals a potential shift towards more crypto-friendly policies and regulatory clarity for the digital asset industry. This move, along with Trump’s nomination of crypto advocate Paul Atkins to head the Securities and Exchange Commission, marks a departure from the stricter oversight approach seen under the previous administration.

As the White House AI and Crypto Czar, Sacks is expected to play a crucial role in shaping the future of these rapidly evolving technologies in the United States, potentially influencing their development and adoption on a global scale.