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2 GoKawiil briefs on this topic

Zipline raises new funding round, valuation climbs amid expanded Walmart partnership

Drone delivery company Zipline has closed a new funding round that boosts its valuation, alongside an expanded delivery partnership with Walmart. Specific financial terms of the raise were not detailed in available reporting.

Houthi forces reportedly seize Yemen's Perim island in Bab al-Mandab Strait

Iran-backed Houthi fighters have reportedly captured territory along Yemen's Red Sea coast, including Perim island, which sits in the narrow Bab al-Mandab Strait linking the Gulf of Aden to the Red Sea and Suez Canal. Directly across the water lies Djibouti, a small nation hosting military bases from the US, China, France, Japan and Italy due to the strait's importance to global shipping.