The large mysterious drones reported flying over parts of New Jersey in recent weeks appear to avoid detection by traditional methods such as helicopter and radio, according to a state lawmaker briefed Wednesday by the Department of Homeland Security. In a post on the social media platform X, Assemblywoman Dawn Fantasia described the drones as up to 6 feet in diameter and sometimes traveling with their lights switched off. The Morris County Republican was among several state and local lawmakers who met with state police and Homeland Security officials to discuss the spate of sightings that range from the New York City area through New Jersey and westward into parts of Pennsylvania, including over Philadelphia. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Barca claim final spot in Champions League quartersJimmy Carter, the 39th US President who died at the age of 100 on Sunday night, shared a special connection with India and even has a village in Haryana named after him called 'Carterpuri'. On January 3, 1978, Mr Carter, along with the then First Lady Rosalynn Carter, travelled to Daulatpur Nasirabad - a village in Haryana which is an hour away from Delhi. According to the Carter Center, an NGO founded by Mr Carter , the visit was so successful that the residents renamed the area 'Carterpuri' in honour of the former US President. They also remained in contact with the White House for the rest of Mr Carter's tenure. January 3 was declared a holiday in 'Carterpuri' since then. When Mr Carter won the Nobel Peace Prize in 2002, the villagers held massive festivities and celebrated his honour. The visit by the former US President came just a year after the removal of the Emergency and the victory of the Janata Party. During his time in India, he had also addressed the Parliament. Speaking against the authoritarian rule, Mr Carter said, "For the remainder of this century and into the next, the democratic countries of the world will increasingly turn to each other for answers to our most pressing, common challenge: how our political and spiritual values can provide the basis for dealing with the social and economic strains to which they will unquestionably be subjected." Not just this, Mr Carter also shared a personal connection with India as his mother, Lillian, had worked in the country as a health volunteer with the Peace Corps during the late 1960s. Since the Carter administration, the US and India have worked closely on energy, humanitarian aid, technology, space cooperation, maritime security, disaster relief, and counterterrorism. In the mid-2000s, the two countries struck a landmark agreement to work toward full civil nuclear cooperation, and bilateral trade has since skyrocketed, the Carter Center said. Jimmy Carter, the longest-lived US President and Nobel peace laureate, died at the age of 100. He had been in hospice care since mid-February 2023 at his home in Plains, Georgia - the same town where he was born and once ran a peanut farm before becoming governor of the Peach State. "Carter died peacefully at his home in Plains surrounded by his family," the Carter Center wrote in a statement. Mr Carter's son, Chip, told news agency AFP, "My father was a hero, not only to me but to everyone who believes in peace, human rights and unselfish love." US President Joe Biden expressed grief over Mr Carter's death and declared January 9 as the national mourning day. "I call on the American people to assemble on that day in their respective places of worship, there to pay homage to the memory of President James Earl Carter, Jr. I invite the people of the world who share our grief to join us in this solemn observance," he said. Track Latest News Live on NDTV.com and get news updates from India and around the worldDaily Post Nigeria NPFL: Lobi Stars celebrate win over Kwara United Home News Politics Metro Entertainment Sport Sport NPFL: Lobi Stars celebrate win over Kwara United Published on November 30, 2024 By Taiwo Adesanya Lobi Stars have attributed their Nigeria Premier Football League, NPFL matchday 15 win over Kwara United, to hard work. The Pride of Makurdi defeated Kwara United 1-0 at the Lafia City Stadium on Saturday. Peter Onah grabbed the only goal of the game. Lobi Stars took to the social media to celebrate the win. “Our hard work pays off with a well-earned 3 points,” Lobi Stars wrote after the game. “We look ahead to the next game with hope and confidence.” Related Topics: kwara united Lobi Stars NPFL Don't Miss EPL: ‘0-0 will be good result’ – Man City boss Guardiola fears 4 Liverpool stars You may like NPFL: Lobi Stars pip Kwara United, Insurance win at home NPFL: Heartland shift attention to Nasarawa United clash after midweek disappointment NPFL: El-kanemi Warriors attacked by armed robbers NPFL: Ikorodu City must aim top three finish — Aweroro NPFL: Niger Tornadoes boss gives update on Okoro’s injury NPFL: Abia Warriors’ Megwo targets maximum points against Shooting Stars Advertise About Us Contact Us Privacy-Policy Terms Copyright © Daily Post Media Ltd
Popularity of cultivated meat on rise in APAC, says GlobalDataSix hundred ways, six hundred reasons to try your luck on winning 600 bucks. Yes, just spend K2 in Port Moresby today on your Nambawan newspaper Post-Courier and you are in the race to win. You never know, you might just be the lucky winner of today’s jackpot prize of K600 lucky newspaper buyer competition. After two days and with no winner to claim the Post-Courier lucky newspaper competition giveaway of K200 daily, the prize has jack-potted to K600. This competition runs until Independence Day, September 16, 2025, where we celebrate our country’s 50th independence golden anniversary. See the details on Page 2 so hurry and check your lucky number and keep your today’s Post-Courier, until 3pm, and who knows it may be your lucky day where you can be K600 richer. The details of the competition are in todays classified pages. Just spend a K2 in Port Moresby on a Post-Courier and you are in for a chance to win. In this difficult economic climate, your No 1 Newspaper is running a competition where a reader of your oldest Newspaper can be K200 richer on a daily basis, and if no one claims the prize it jackpots by K200 until a winner comes forward to claim the prize. When you buy your Post-Courier, go to the Sports back page and at the bottom, there is a strip that reads Post-Courier Lucky newspaper publication number and it will point you to your lucky number. Keep the number and your Post-Courier paper until 3pm and log on to the Post-Courier Online or social media platforms on these addresses from 3pm to 4pm daily. If your number is drawn call our official numbers 3091000 or 79994000.
SHENZHEN, China , Dec. 3, 2024 /PRNewswire/ -- On November 26, 2024 , Access Advance LLC ("AA") and TCL Electronics Holdings Limited ("TCL" or "Client") announced that TCL had officially joined the HEVC Advance Patent Pool as a licensee. PurpleVine IP Group ("PurpleVine") played a pivotal role in this achievement, providing full-spectrum services, including strategic planning, global litigation management, and licensing negotiation support. PurpleVine's efforts were instrumental in helping TCL finalize agreements with AA and multiple HEVC Advance licensors, resolving years of complex global litigation over HEVC standard-essential patents("SEPs"). Since 2021, leading HEVC Advance licensors - including Dolby, GEVC, Philips, Mitsubishi Electric, JVCKENWOOD, NEC, ETRI, and IP Bridge - have filed dozens of infringement lawsuits and sought injunctions against TCL across jurisdictions such as Germany , the Unified Patent Court (UPC) in Europe , and Brazil . PurpleVine provided TCL with a comprehensive defense strategy tailored to each jurisdiction. Working closely with local counsel, the PurpleVine team devised FRAND-compliant arguments, non-infringement defenses, and patent invalidation strategies that not only neutralized injunction threats but also achieved an outstanding success rate of over 90% in invalidating asserted patents during first-instance rulings. PurpleVine also spearheaded counteractions against AA and HEVC Advance licensors in multiple jurisdictions, including China , Brazil , and Germany . Notably, PurpleVine assisted TCL in filing two landmark cases in Chinese courts - one challenging SEP licensing rates and another alleging abuse of market dominance. These cases were the first in the world where courts asserted jurisdiction over SEP pool licensing rates and alleged monopolistic practices, setting a groundbreaking legal precedent. Daniel Fu , General Counsel of TCL, stated, "We are pleased to have signed a license with Access Advance's HEVC patent pool, with the help of PurpleVine IP. The transaction is beneficial to the licensing ecosystem and the development of cutting-edge technologies for the welfare of consumers." This multi-jurisdictional case, involving complex legal challenges, spanning several years, highlights PurpleVine's expertise in managing high-stakes IP disputes. PurpleVine's strategic leadership, effective litigation management, and skilled negotiations reaffirm its position as a leading provider of cross-border intellectual property services. Disclaimer: This press release is for informational purposes only and does not constitute legal advice or an official statement regarding litigation. About PurpleVine IP Group PurpleVine IP Group, based in Shenzhen, China , is a leading intellectual property service provider with a global perspective. The firm offers one-stop IP services, including patent and trademark prosecution, analysis, global transactions, licensing negotiations, and dispute resolution. The core members of PurpleVine's litigation and dispute resolution team have backgrounds in top international law firms and leading corporate legal departments. They have managed patent litigation and invalidation cases in over 50 courts worldwide. The firm also includes SEP (Standard Essential Patent) experts from the telecommunications industry, who have been involved in hundreds of patent licensing negotiations and litigations. View original content to download multimedia: https://www.prnewswire.com/news-releases/purplevine-drives-tcls-successful-entry-into-the-hevc-advance-patent-pool-302320761.html SOURCE PurpleVine IPSAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Wolfspeed, Inc. WOLF securities between August 16, 2023 and November 6, 2024. Wolfspeed is a global semiconductor company focused on silicon carbide materials and the fabrication of devices for power applications. For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Wolfspeed, Inc (WOLF) Misled Investors Regarding its Revenue Projections According to the complaint, defendants provided the public with revenue projections that depended on the Mohawk Valley fabrication facility ramping its production to meet and/or exceed demand for its 200mm wafer product. Defendants provided these overwhelmingly positive statements to investors while, at the same time, concealing material adverse facts concerning the true state of Wolfspeed's growth potential and, in particular, the operational status and profitability of the Mohawk Valley fabrication facility. First, to meet its publicly stated projections, the Company would have to cancel or otherwise indefinitely suspend planned future projects such as the facility in Saarland, Germany. Second, the Company would have to terminate a significant portion of its workforce (approximately 20%) and shutter the Durham fabrication facility. Plaintiff alleges that on November 6, 2024, Wolfspeed announced its financial results for the first quarter of fiscal year 2025 and unveiled guidance for the second quarter well below expectations. While defendants had repeatedly claimed that 20% utilization of the Mohawk Valley fabrication facility would result in $100 million revenue out of the facility, defendants now guided to a range 30% to 50% below that mark. The Company attributed its results and lowered guidance to "demand ... ramp[ing] more slowly than we originally anticipated" as "EV customers revise their launch time lines as the market works though this transition period." On this news, Wolfspeed's stock price fell from $13.71 per share on November 6, 2024, to $8.33 per share on November 7, 2024, a decline of about 39.24%. What Now : You may be eligible to participate in the class action against Wolfspeed, Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by January 17, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP : Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against Wolfspeed, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. Contact: Aaron Dumas, Jr. Robbins LLP 5060 Shoreham Pl., Ste. 300 San Diego, CA 92122 adumas@robbinsllp.com (800) 350-6003 www.robbinsllp.com https://www.facebook.com/RobbinsLLP/ https://www.linkedin.com/company/robbins-llp/ A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6e2a3cda-6c15-4240-9c27-2fcf37e35629 © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trump Slams Debt Ceiling Extension as 'Dumbest Decision'South Korean markets have had a dismal 2024, with the so called "Korea discount" in its stock markets widening compared to other global peers. Analysts that spoke to CNBC say that the efforts to oust Yoon might distract from and delay efforts for capital market reform, entrenching the "Korea discount" further. South Korean markets have had a dismal 2024, with the so-called "Korea discount" in its stock markets widening compared to other global peers. The recent political upheaval is expected to entrench this phenomenon. > 24/7 San Diego news stream: Watch NBC 7 free wherever you are The country's benchmark stock index, Kospi, has lost over 7% this year and the underperformance of the South Korean market signals its "Corporate Value-Up" program, announced in February this year , has failed to address the " Korea discount. " The "Korea discount" refers to South Korean securities trading at lower valuations relative to regional peers due to investors' concerns over issues such as corporate governance at large family-owned conglomerates that have an outsized influence over the country's economy. The political turmoil in the country has further worsened investors' sentiment, with the Kospi underperforming the MSCI Asia ex-Japan index by 2.3 percentage points since Dec. 3 when President Yoon Seok Yeol imposed and then revoked martial law within hours. The attempt at martial law has sent the risk premium for Korean assets higher, thereby dealing a setback to the "Value-Up Program," Vishnu Varathan, managing director and head of macro research for Asia ex-Japan at Mizuho Securities said in a Dec. 10 note. South Korea under Yoon had strived to boost the country's stock markets and combat the "Korea discount" via a Japan-style program that sought to improve corporate governance and increase investor engagement, among other things. Money Report European Central Bank set to deliver final rate cut of the year: Live updates European markets set for mixed open ahead of expected ECB rate cut According to data from the Korea Exchange , the Kospi has a price-to-book ratio of 0.86, while its price-to-earnings ratio stands at 13.65 as of Dec. 12. Both the metrics, which indicate how much the investors value the index, have declined from a year earlier . For comparison, Japan's Nikkei 225 stock benchmark has a price-to-book ratio of 1.44 while its price-to-earnings ratio stands at 15.90 as of Dec. 11. While Japan stocks surged as it implemented measures to lift its markets , South Korea has been struggling. For instance the "Korea-Value Up Index," launched in September, which consists of 100 listed "best practice" companies that comply with the "Value-Up" program, has price-to-book ratio of 0.99 and a price-to-earnings ratio of just 10.29. "The distractions of ousting Yoon amid fragile government and fragmented politics is likely to dilute and delay policy efforts to boost equity valuations," Varathan said, adding that power balance in South Korea could shift in favor of large and influential conglomerates, which could entrench the "Korea discount" even more. South Korea has several large family-owned global conglomerates, known as "chaebols," usually controlled by the founder's family. These may consist of a group of companies or several groups of companies. Notable chaebols include market heavyweights such as Samsung Electronics, LG, SK and Hyundai. While they are a huge contributor to the country's GDP, the complex shareholding structure of chaebols mean that investors hold little sway over the company's strategic direction. The four conglomerates mentioned above make up about 40% of South Korea's GDP, according to South Korean media. Market reforms could receive a setback due to the political turmoil, said Lorraine Tan, director of equity research for Asia at Morningstar, while adding that the reforms will not be "derailed." "I think the longer the leadership change takes, the more likely investors will be sidelined. President Yoon is unpopular and a peaceful transition away from his leadership would help," she pointed out. The embattled Yoon has survived an impeachment vote over the weekend after members of his ruling People's Power Party walked out of the country's parliament, but opposition parties have vowed to continue efforts to impeach him. Jeff Ng, Head of Asia Macro Strategy at Sumitomo Mitsui Banking Corporation said that the "Korea discount" is still likely to persist into 2025 due to weak economic conditions, slower exports, and a weak Korean won. "Investor confidence may return in the medium-term, but a swift resolution of the domestic uncertainty looks unlikely at this stage." Also on CNBC India's ReNew Energy offered to be taken private in $2.82 billion deal BNP Paribas: Indian market showing "high level of resilience" India's economy might not grow by 7-8%, but there still are attractive sectorsHouston's Al-Shaair apologizes for hit on Jacksonville's Lawrence that led to concussion HOUSTON (AP) — Houston’s Azeez Al-Shaair took to X to apologize to Jacksonville’s Trevor Lawrence after his violent blow to the quarterback’s facemask led to him being carted off the field with a concussion. Back in the starting lineup after missing two games with a sprained left shoulder, Lawrence scrambled left on a second-and-7 play in the second quarter of Houston’s 23-20 win on Sunday. He initiated a slide before Al-Shaair raised his forearm and unleashed on the defenseless quarterback. In the long post, Al-Shaair says "To Trevor I genuinely apologize to you for what ended up happening.” Jets are sticking with struggling Aaron Rodgers as their starting quarterback Aaron Rodgers will remain the New York Jets’ starting quarterback despite speculation the team could bench him in what has been a disappointing season. Interim coach Jeff Ulbrich said during a video call that he still believes Rodgers, who turned 41 on Monday, gives the Jets their best chance to win. Rodgers was 21 of 39 for 185 yards and touchdown passes to Davante Adams and Isaiah Davis but also had an interception returned 92 yards for a touchdown by Leonard Williams in the Jets’ 26-21 loss to Seattle on Sunday. Hall of Famer Randy Moss reveals he's 'battling something' internal and asks for prayers Hall of Fame wide receiver Randy Moss revealed he’s dealing with a health issue and asked fans to pray for him and his family. The 47-year-old ESPN football analyst made the announcement on Instagram from the set of the network’s “Sunday NFL Countdown” show. He directed his message to men and urged them to get checkups and bloodwork done, without specifying for any particular illness. Moss explained why he’s been wearing tinted sunglasses, saying, “I’m battling something, man, and it’s something internal, your boy is going to get through it.” College playoff bracket offers last dress rehearsal and one more chance to see where the SEC stands The next set of College Football Playoff rankings will be released Tuesday night under heavy scrutiny before the final bracket is set on Sunday. It will be one last chance to see just how much the selection committee loves the Southeastern Conference. The best gauge will be whether Miami, which suffered its second loss over the weekend, is placed behind any or all three SEC teams with three losses — Alabama, Mississippi and South Carolina, all of which are coming off wins. Whatever happens, the SEC is likely to have at least five teams in the 12-team field when the final bracket comes out. Mollie Marcoux Samaan stepping down as LPGA commissioner after 3 1/2 years of record prize money Mollie Marcoux Samaan is leaving after more than three years as LPGA commissioner. In a surprise announcement Monday, Marcoux Samaan says she will step down in January, just three weeks before the LPGA starts its 75th season. Liz Moore is the chief legal and technology officer. She'll be serving as interim commissioner until a search committee can find a permanent replacement. Marcoux Samaan was the athletic director at Princeton when she took over the LPGA in May 2021. Prize money has soared during her tenure. She also has faced criticism for the LPGA not gaining in popularity during a rise in women's sports. Kansas holds off Auburn for No. 1 in AP Top 25 as SEC grabs 3 of top 4 spots; UConn slides to No. 25 Kansas continues to hold the No. 1 ranking in The Associated Press Top 25 men’s college basketball poll. Auburn is pushing the Jayhawks in the latest poll after winning the Maui Invitational and checked in at No. 2. Two-time reigning national champion UConn nearly fell out entirely after an 0-3 week at Maui, falling from No. 2 to 25th. The Southeastern Conference had three of the top four teams with No. 3 Tennessee and No. 4 Kentucky behind the Tigers. The poll featured six new teams, headlined by No. 13 Oregon, No. 16 Memphis and No. 18 Pittsburgh. TCU, Duke climb into top 10, Notre Dame drops in women's AP Top 25; UCLA and UConn remain 1-2 TCU has its best ranking ever in The Associated Press Top 25 women’s basketball poll after a convincing win over Notre Dame. The Horned Frogs jumped eight spots to No. 9, the first time the school has ever been in the top 10. The Fighting Irish, who were third last week, fell seven spots to 10th after losses to TCU and Utah. UCLA remained No. 1, followed by UConn, South Carolina, Texas and LSU. USC, Maryland and Duke are next. Michael Andretti's Formula 1 dream comes to bittersweet fruition without his involvement Michael Andretti has been sidelined from his namesake motorsports organization and won’t have any role with the Formula 1 program he spent the last four years desperately trying to launch. His effort to get a program partnered with General Motors into F1 was approved last week, a month after he stepped aside from his teams. F1’s decision to expand its grid for Cadillac F1 came amidst a federal antitrust investigation into why Liberty Media refused to admit Andretti Global and after Andretti partners Dan Towriss and Mark Walter claimed controlling interest of the fledgling effort. Ryan Poles to remain Bears general manager and lead search for new head coach LAKE FOREST, Ill. (AP) — Chicago Bears president Kevin Warren said Ryan Poles will remain the general manager and serve as the point person in the search for a head coach to replace the fired Matt Eberflus. He says Poles will have the “final say” if the two have differing opinions on who should get the job. Chicago had never fired a coach during a season. But a six-game losing streak marked by questionable coaching decisions spurred the founding NFL franchise to change course. The Bears let Eberflus go Friday and replaced him on an interim basis with offensive coordinator Thomas Brown. Florida State hires Nebraska's Tony White as defensive coordinator, AP source says Florida State has hired Tony White to be its defensive coordinator after he developed consecutive top-20 defenses at Nebraska. That's according to a person familiar with the decision. The person spoke on condition of anonymity because neither the Seminoles nor Nebraska confirmed White’s move, which is pending a state background check. ESPN reported that White signed a three-year contract. White replaces Adam Fuller, who was fired last month. FSU coach Mike Norvell is trying to fill staff vacancies in hopes of salvaging a recruiting class. National Signing Day is Wednesday, with the transfer portal opening next week. Norvell also formally announced former UCF coach Gus Malzahn as his offensive coordinator. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.