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S. Korea test fires 800km-range missile
South Korea has successfully test-fired a home-developed ballistic missile with a range long enough to hit any part of North Korea, Yonhap news agency reported Thursday. It comes a day after the North fired its own ballistic missile into the Sea of Japan -- which analysts dubbed a warning ahead of a China-US summit, at which Pyongyang's accelerating atomic weapons programme is set to top the agenda. South Korea is protected under an American security umbrella and is home to thousands of US troops.
Bezos is selling $1 billion of Amazon stock a year to fund rocket venture
By Irene Klotz COLORADO SPRINGS, Colo. (Reuters) - Amazon.com founder Jeff Bezos said on Wednesday he is selling about $1 billion worth of the internet retailer's stock annually to fund his Blue Origin rocket company, which aims to launch paying passengers on 11-minute space rides starting next year. Blue Origin had hoped to begin test flights with company pilots and engineers in 2017, but that probably will not happen until next year, Bezos told reporters at the annual U.S. Space Symposium in Colorado Springs. “My business model right now … for Blue Origin is I sell about $1 billion of Amazon stock a year and I use it to invest in Blue Origin," said Bezos, the chief executive of Amazon.com Inc and also the owner of The Washington Post newspaper.
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