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Goldman Sachs sees buying opportunity in oversold stocks. Trent, Shriram Finance are among 10 top buysControversial billionaire Elon Musk responded to speculation that MSNBC could be put up for sale , asking on Friday how much the cable news network would set him back. The Comcast media conglomerate announced Wednesday it planned to spin some of its NBCUniversal properties — including MSNBC, CNBC, USA, Oxygen and E! — into “a new publicly traded company.” The announcement prompted some social media users, including Donald Trump Jr., to suggest the world’s richest man should buy MSNBC . Many of the left-leaning network’s hosts, including Joe Scarborough, Rachel Maddow and Mika Brzezinski, have been critical of Musk and the MAGA movement he supports. “Hey @elonmusk I have the funniest idea ever!!!” Trump Jr. posted on Friday alongside a graphic joking that MSNBC would sell for the “best offer.” “How much does it cost?” replied Musk, whose net worth was estimated to have reached a record high of $321.7 billion on Friday. Musk’s response was very similar to the one he gave in 2017 when some social media users suggested he buy Twitter. Five years later, he spent $44 billion to purchase the platform, which he renamed X and has since used to promote his right-wing ideology and conspiracy theories. “I mean it can’t be much,” Trump Jr. wrote back. “Look at the ratings.” MSNBC viewership reportedly plummeted 38% after Election Day, according to The Wrap. Musk’s banter with Trump Jr. continued, with the entrepreneur writing, “The most entertaining outcome, especially if ironic, is most likely.” While Comcast made no mention of selling MSNBC to Musk, the big-spending tech wiz has proven he can take over companies despite resistance from their board of directors, just as he did with Twitter. Speculation about Musk buying a progressive cable news network comes a week after satirical site The Onion announced it had purchased Alex Jones’ far-right “InfoWars” empire in a bankruptcy auction. Jones was forced to sell the disgraced brand to satisfy a judgment against him in connection with the lies and conspiracy theories he pushed about the 2012 massacre at Connecticut’s Sandy Hook Elementary School. A Texas judge has delayed that acquisition while a court reviews details of the bidding process.
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Billionaire Elon Musk poured more than $20 million into a mysterious super PAC at the end of the 2024 campaign, part of more than $250 million he spent overall to boost President-elect Donald Trump, new campaign finance reports show. Musk financed RBG PAC, according to the group's report filed Thursday night with the Federal Election Commission. The super PAC, which did not disclose its donors before the election, launched ads contending that Trump did not support a federal abortion ban. > Philadelphia news 24/7: Watch NBC10 free wherever you are All of the money the group pulled in — $20.5 million — came from a single donation from the “Elon Musk Revocable Trust” located in Austin, Texas. RBG PAC spent almost all of its funds on digital ads, mailers and text messages, according to the campaign finance report, which covered Oct. 17 through Nov. 25. The group's website states that Trump and the late Supreme Court Justice Ruth Bader Ginsburg agree on the abortion issue, drawing criticism from Ginsburg's granddaughter Clara Spara, who told the New York Times that the message was "nothing short of appalling." Trump took credit for the Supreme Court overturning Roe v. Wade, a decision that came after three Trump-appointed justices voted with the majority to overturn the national right to an abortion. (One of those justices, Amy Coney Barrett, was appointed to replace Ginsburg weeks before the 2020 election, after Ginsburg died in mid-September.) As president, he supported a federal ban on abortion after 20 weeks. But during this campaign, Trump backed away from that position and instead declared he supported states' rights to decide abortion laws . Democrats still hit Trump hard on those past positions to argue that if elected, he and a Republican Congress would act to restrict abortion nationwide. Stories that affect your life across the U.S. and around the world. The late ad blitz from RBG PAC only represents a fraction of Musk's total election spending this year: He also financed America PAC, a super PAC which reported spending $157 million supporting Trump in the presidential race. America PAC's latest campaign finance report showed Musk donated $238 million to the group throughout the election cycle, including $120 million in the final weeks of the race alone. Federal disclosures show America PAC spent heavily on canvassing, text message-based get-out-the-vote efforts, printing and postage (likely for direct mail) and digital advertising too. It also ran a controversial cash giveaway that gave out $1 million each day to someone who signed the group's conservative-leaning petition. Philadelphia District Attorney Larry Krasner sued Musk and America PAC in late October trying to halt the giveaway, but a judge in the state didn't agree to stop the program . The Justice Department also warned the PAC around the same time that the giveaway might be illegal, but it's taken no public action on it. America PAC’s campaign finance report lists each of those $1 million prizes as payments for a "spokesperson consultant." Musk also gave $3 million to the MAHA Alliance , a super PAC affiliated with Robert F. Kennedy's "Make America Healthy Again" push, in late October. It's possible that Musk donated more to pro-Trump efforts too, as political committees continue to file fundraising reports pegged to Thursday night's deadline. The Space X and Tesla founder is one of Trump's top donors this cycle , but he's also been among his most visible. He's been a regular presence at Mar-a-Lago and by Trump's side during the transition (to the consternation of some in Trump's orbit ). Trump tapped Musk to advise him on cutting spending across the federal government as the co-chair of his " Department of Government Efficiency " initiative. This story first appeared on NBCNews.com . More from NBC News:
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Scottie Scheffler has new putting grip and trails Cameron Young by 3 in BahamasNew York City police believe the man who fatally shot a UnitedHealth top executive has left the city, as the hunt for the gunman passed the crucial 48-hour mark. or signup to continue reading Brian Thompson, 50, the CEO of UnitedHealth's insurance unit, was shot in the back on Wednesday in what police described as a targeted attack. Police released multiple photos of the suspect - who fled the scene, climbed on an electric bicycle and disappeared into Central Park - and have asked the public for help in tracking him down. But Police Commissioner Jessica Tisch on Friday said in an interview with CNN that authorities now believe he has left the city, after new video footage emerged. New York Police Department Chief of Detectives Joseph Kenny, in the same interview, said the footage shows the suspect climbing into a taxi that took him to the Port Authority bus station. "We have video of him entering the Port Authority Bus Terminal. We don't have any video of him exiting so we believe he may have gotten on a bus," he said. "Those buses are interstate buses. That's why we believe he may have left New York City." The expanded hunt comes after security experts cautioned that the first 48-hours after such a crime is the best window of opportunity to catch a gunman, a timeframe that has now passed. Police believe the suspect arrived in New York 10 days before the shooting on a Greyhound bus that originated in Atlanta, and checked into a Manhattan youth hostel using a fake ID from New Jersey, several media outlets reported. Reuters has not independently verified this account. Police offered a $US10,000 ($A15,000) reward for information leading to an arrest and conviction. UnitedHealth is the largest US health insurer, providing benefits to tens of millions of Americans, who pay more for healthcare than people in any other country. Thompson joined UnitedHealth in 2004 and became the CEO of UnitedHealthcare, a unit of UnitedHealth Group, in April 2021. Following the attack, UnitedHealth and several other health insurers including CVS Health and Centene took down pictures of executives from their corporate websites in an apparent tightening of security measures. Centene said on Thursday it would no longer hold an in-person investor day next week, and that the event would be streamed. The words "deny," "defend" and "depose" were carved into shell casings found at the scene, police sources told ABC and the New York Post. A New York City Police Department spokesperson would not comment on the report. The words evoke the title of Jay Feinman's 2010 book critical of the insurance industry Delay Deny Defend: Why Insurance Companies Don't Pay Claims and What You Can Do About It. Detectives believe the perpetrator was experienced with firearms based on how he slowly and deliberately carried out the shooting, CNN reported, citing police sources who spoke on the condition of anonymity because the investigation was ongoing. Security video showed the shooter, wearing a hooded sweatshirt, ski mask and a grey backpack, walking up behind Thompson, raising his handgun fitted with a silcencer and firing at his back. Police said the gunman arrived outside the hotel several minutes before Thompson and waited for him to walk past before firing, ignoring other passers-by. CNN, whose reporter John Miller is a former NYPD deputy commissioner, said police found a phone in an alley that the gunman ran through and also recovered a water bottle the shooter bought just minutes before the attack. A fingerprint on the water bottle was too smudged to provide further clues about the shooter, the New York Times reported, citing a senior law enforcement official. 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Young was playing for the first time since the BMW Championship more than three months ago and found great success on and around the greens of Albany Golf Club, chipping beautifully and holing four birdie putts from 15 feet or longer for his 64. He led by two shots over Justin Thomas in his first competition since his daughter was born a few weeks ago. Thomas ran off four straight birdies late in his round and was a fraction of an inch away with a fifth. The big surprise was Scheffler, the No. 1 player in golf who looked as good as he has all year in compiling eight victories, including an Olympic gold medal. His iron play has no equal. His putting at times has kept him from winning more or winning bigger. He decided to try to a “saw” putting grip from about 20 feet or closer — the putter rests between his right thumb and his fingers, with his left index finger pointed down the shaft. “I’m always looking for ways to improve,” Scheffler said. Scheffler last year began working with renowned putting instructor Phil Kenyon, and he says Kenyon mentioned the alternative putting grip back then. “But it was really our first time working together and it’s something that’s different than what I’ve done in the past,” Scheffler said. “This year I had thought about it from time to time, and it was something that we had just said let’s table that for the end of the season, take a look at it. “Figured this is a good week to try stuff.” He opened with a wedge to 2 feet and he missed a 7-foot birdie putt on the par-5 third. But he holed a birdie from about the same distance at the next par 5, No. 6, and holed a sliding 6-footer on the ninth to save par. His longest putt was his last hole, from 12 feet for a closing birdie. “I really enjoyed the way it felt,” he said. “I felt like I’m seeing some improvements in my stroke.” Young, regarded as the best active player without a PGA Tour victory, is treating this holiday tournament as the start of a new season. He worked on getting stronger and got back to the basics in his powerful golf swing. And on this day, he was dialed in with his short game. He only struggled to save par twice and kept piling up birdies in his bogey-free round on an ideal day in the Bahamas. “The wind wasn’t blowing much so it was relatively stress-free,” Young said. Patrick Cantlay, along with Scheffler playing for the first time since the Presidents Cup, also was at 67 with Ludvig Aberg, Akshay Bhatia and Sahith Theegala. Thomas also took this occasion to do a little experimenting against a 20-man field. He has using a 46-inch driver at home — a little more than an inch longer than his regular driver — in a bid to gain more speed. On a day with little wind, on a golf course with some room off the tee, he decided to put it in play. “Just with it being a little bit longer, I just kind of have to get the club out in front of me and get on top of it a little bit more,” Thomas said. “I drove the hell out of it on the back, so that was nice to try something different and have it go a little bit better on the back.” Thomas said the longer driver gives him 2 or 3 mph in ball speed and 10 extra yards in the air. “It’s very specific for courses, but gave it a try,” he said. Conditions were easy enough that only four players in field failed to break par, with Jason Day bringing up the rear with a 75.Scottie Scheffler has new putting grip and trails Cameron Young by 3 in Bahamas
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ATLANTA & NEW YORK--(BUSINESS WIRE)--Nov 26, 2024-- Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, announced today that Jeffrey C. Sprecher, Chair and CEO, will present at the Goldman Sachs Financial Services Conference. The presentation will take place on Tuesday, December 10 at 1:00 p.m. ET. The presentation will be available live and in replay via webcast and can be accessed in the investor relations and media section of ICE’s website at http://ir.theice.com . About Intercontinental Exchange Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology , we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity. Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here . Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).” Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the SEC on February 8, 2024. Category: Corporate SOURCE: Intercontinental Exchange ICE-CORP View source version on businesswire.com : https://www.businesswire.com/news/home/20241126649475/en/ CONTACT: ICE Investor Relations Contact: Katia Gonzalez +1 678 981 3882 katia.gonzalez@ice.cominvestors @ice.comICE Media Contact: Damon Leavell +1 212 323 8587 damon.leavell@ice.commedia @ice.com KEYWORD: UNITED STATES NORTH AMERICA NEW YORK GEORGIA INDUSTRY KEYWORD: NETWORKS DATA ANALYTICS FINANCE BANKING DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY FINTECH SOURCE: Intercontinental Exchange Copyright Business Wire 2024. PUB: 11/26/2024 04:30 PM/DISC: 11/26/2024 04:31 PM http://www.businesswire.com/news/home/20241126649475/enNEW YORK , Dec. 6, 2024 /PRNewswire/ -- RIA Eyewear (" RIA "), a New York -based performance eyewear company, is thrilled to announce that professional golfer Rocco Mediate has joined the brand as its latest ambassador. Mediate, renowned for his charismatic personality and remarkable on-course achievements, will bring his years of professional golf experience to further RIA's commitment to performance and innovation. Rocco's impressive career includes 6 PGA Tour victories along with 5 wins on the PGA Tour Champions, including the Senior PGA Championship. With his latest PGA Tour Champions victory, Mediate has now won PGA Tour-sanctioned events in 5 decades. As one of the game's greats, Mediate will be an integral part in representing RIA Eyewear's commitment to providing athletes with high-quality eyewear, designed for optimal performance on the course. "I'm excited to partner with RIA Eyewear," said Mediate. "Their commitment to innovation and quality is something I truly admire. In golf, having the right equipment can make all the difference, and I believe RIA's eyewear will help me—and golfers everywhere—perform at our best." RIA Eyewear is dedicated to enhancing the visual experience for golfers. With their proprietary Golf HD+ technology, RIA's lenses are designed to provide optimal contrast on the course while keeping golfers' eyes feeling fresh and protected during long rounds in the sun. "Rocco is not only a world class golfer but also an inspiration when it comes to pushing the boundaries of product development," said Jordan Kemp and Chris Hanson , co-founders of RIA Eyewear. His passion for the sport and commitment to excellence makes him a great ambassador for RIA." The addition of Rocco Mediate to RIA's ambassador team comes as the company continues to expand its collection in response to the overwhelming success of its proprietary Golf HD+ lens technology. RIA's Golf HD+ lens offering was designed with ZEISSTM, the global leader in lens optics, using rigorous color science research to find the balance between enhanced contrast and eye comfort, all while providing 100% UVA/B protection. RIA's lenses are specifically not polarized to help golfers maintain their depth perception, making it easier to see slopes and breaks on the greens. All of RIA's performance frame styles are handmade in Italy and built to stand up to the most challenging conditions. To find out more about RIA Eyewear, visit www.riaeyewear.com About RIA Eyewear RIA Eyewear is an independent performance eyewear brand started in 2017 to give athletes a visual edge on the court and course while protecting their eye health. RIA's lenses are developed through extensive color science research with world-renowned lens maker Carl ZEISS to enhance a wearer's visual acuity and eye comfort. With a growing list of pro ambassadors from the golf, tennis, and pickleball pro tours, including Rocco Mediate , Kim Clijsters , and the Bryan Brothers, RIA is changing the way golfers and racquet sport athletes see the game for the better. View original content to download multimedia: https://www.prnewswire.com/news-releases/ria-eyewear-welcomes-golf-legend-rocco-mediate-as-new-brand-ambassador-302325280.html SOURCE RIA Inc
Doug Keenum Expands Dickey's Barbecue Pit Footprint with Three Tennessee LocationsNASSAU, Bahamas — Scottie Scheffler brought a new putting grip to the Hero World Challenge and felt enough improvement to be satisfied with the result, a 5-under 67 that left him three shots behind Cameron Young on Thursday. Young was playing for the first time since the BMW Championship more than three months ago and found great success on and around the greens of Albany Golf Club, chipping beautifully and holing four birdie putts from 15 feet or longer for his 64. He led by two shots over Justin Thomas in his first competition since his daughter was born a few weeks ago. Thomas ran off four straight birdies late in his round and was a fraction of an inch away with a fifth. The big surprise was Scheffler, the No. 1 player in golf who looked as good as he has all year in compiling eight victories, including an Olympic gold medal. His iron play has no equal. His putting at times has kept him from winning more or winning bigger. He decided to try to a “saw” putting grip from about 20 feet or closer — the putter rests between his right thumb and his fingers, with his left index finger pointed down the shaft. “I’m always looking for ways to improve,” Scheffler said. Scheffler last year began working with renowned putting instructor Phil Kenyon, and he says Kenyon mentioned the alternative putting grip back then. “But it was really our first time working together and it’s something that’s different than what I’ve done in the past,” Scheffler said. “This year I had thought about it from time to time, and it was something that we had just said let’s table that for the end of the season, take a look at it. “Figured this is a good week to try stuff.” He opened with a wedge to 2 feet and he missed a 7-foot birdie putt on the par-5 third. But he holed a birdie from about the same distance at the next par 5, No. 6, and holed a sliding 6-footer on the ninth to save par. His longest putt was his last hole, from 12 feet for a closing birdie. “I really enjoyed the way it felt,” he said. “I felt like I’m seeing some improvements in my stroke.” Young, regarded as the best active player without a PGA Tour victory, is treating this holiday tournament as the start of a new season. He worked on getting stronger and got back to the basics in his powerful golf swing. And on this day, he was dialed in with his short game. He only struggled to save par twice and kept piling up birdies in his bogey-free round on an ideal day in the Bahamas. “The wind wasn’t blowing much so it was relatively stress-free,” Young said. Patrick Cantlay, along with Scheffler playing for the first time since the Presidents Cup, also was at 67 with Ludvig Aberg, Akshay Bhatia and Sahith Theegala. Thomas also took this occasion to do a little experimenting against a 20-man field. He has using a 46-inch driver at home — a little more than an inch longer than his regular driver — in a bid to gain more speed. On a day with little wind, on a golf course with some room off the tee, he decided to put it in play. “Just with it being a little bit longer, I just kind of have to get the club out in front of me and get on top of it a little bit more,” Thomas said. “I drove the hell out of it on the back, so that was nice to try something different and have it go a little bit better on the back.” Thomas said the longer driver gives him 2 or 3 mph in ball speed and 10 extra yards in the air. “It’s very specific for courses, but gave it a try,” he said. Conditions were easy enough that only four players in field failed to break par, with Jason Day bringing up the rear with a 75.Sleep Sprays Market Insights: In-Depth Analysis of Key Players and Market Dynamics
Hegseth still seeking support from senators, even as Trump reportedly searches for replacement President-elect Donald Trump's pick for secretary of defense, Pete Hegseth, is still trying to garner support on Capitol Hill even as past allegations of misconduct threaten to sink his bid for the job. Sources tell CBS News that Trump is weighing options for replacing Hegseth. CBS News political reporters Jake Rosen and Taurean Small have more on Hegseth and the tense hearing held Thursday by the task force investigating the assassination attempts against Trump.TORONTO, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Rivalry Corp. (the " Company " or " Rivalry ") (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), the leading sportsbook and iGaming operator for digital-first players, is pleased to announce that it has closed the third tranche (the “ Third Closing ”) of its non-brokered private placement of units of the Company (the " Units "), previously announced on November 26, 2024 (the " Offering "). Under the Third Closing, the Company issued 2,231,253 Units at a price of $0.15 per Unit, for gross proceeds of $334,688. The Company may complete one or more additional closings, for aggregate gross proceeds (together with the proceeds raised under the initial closing, second closing and Third Closing) of up to approximately USD$3 million. Unless otherwise noted, all dollar figures are quoted in Canadian dollars. Each Unit is comprised of one (1) subordinate voting share in the capital of the Company (each, a " Subordinate Voting Share ") and one-half of one (1/2) Subordinate Voting Share purchase warrant (each whole warrant, a " Warrant "). Each Warrant is exercisable into one Subordinate Voting Share in the capital of the Company (each, a " Warrant Share ") at a price of $0.25 per Warrant Share for a period of 12 months from the date hereof, subject to the Company's right to accelerate the expiry date of the Warrants upon 30 days' notice in the event that the closing price of the Subordinate Voting Shares is equal to or exceeds $0.50 on the TSX Venture Exchange (or such other recognized Canadian stock exchange as the Subordinate Voting Shares are primarily traded on) for a period of 10 consecutive trading days. The Company intends to use the proceeds from the Offering for corporate development and general working capital purposes. The Subordinate Voting Shares and Warrants, and any securities issuable upon exercise thereof, are subject to a four-month statutory hold period, in accordance with applicable securities legislation. The Company has paid an aggregate of $10,501.20 in finder's fees in connection with the Third Closing. This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the " U.S. Securities Act "), or any applicable state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws, or an exemption from such registration requirements is available. 100,200 Units were issued to family members of Steven Isenberg, a director of the Company and a "related party" (within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101")) and 500,000 Units were issued to Kevin Wimer, a director of the Company and a "related party", and such issuances are considered a "related party transaction" for the purposes of MI 61-101. Such related party transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the securities being issued to the related parties nor the consideration being paid by the related parties exceeded 25% of the Company’s market capitalization. The purchasers of the Units and the extent of such participation were not finalized until shortly prior to the completion of the Offering. Accordingly, it was not possible to publicly disclose details of the nature and extent of related party participation in the transactions contemplated hereby pursuant to a material change report filed at least 21 days prior to the completion of such transactions. About Rivalry Rivalry Corp. wholly owns and operates Rivalry Limited , a leading sport betting and media company offering fully regulated online wagering on esports, traditional sports, and casino for the digital generation. Based in Toronto, Rivalry operates a global team in more than 20 countries and growing. Rivalry Limited has held an Isle of Man license since 2018, considered one of the premier online gambling jurisdictions, as well as an internet gaming registration in Ontario, and is currently in the process of obtaining additional country licenses. With world class creative execution and brand positioning in online culture, a native crypto token, and demonstrated market leadership among digital-first users Rivalry is shaping the future of online gambling for a generation born on the internet. Company Contact: Steven Salz, Co-founder & CEO ss@rivalry.com Investor Contact: investors@rivalry.com Media Contact: Cody Luongo, Head of Communications cody@rivalry.com 203-947-1936 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. Cautionary Note Regarding Forward-Looking Information and Statements This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws ("forward-looking statements"). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "project" and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking statements are based on the opinions and estimates of management of the Company at the date the statements are made based on information then available to the Company. Various factors and assumptions are applied in drawing conclusions or making the forecasts or projections set out in forward-looking statements. Forward-looking statements are subject to and involve a number of known and unknown, variables, risks and uncertainties, many of which are beyond the control of the Company, which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Such factors, among other things, include regulatory or political change such as changes in applicable laws and regulations; the ability to obtain and maintain required licenses; the esports and sports betting industry being a heavily regulated industry; the complex and evolving regulatory environment for the online gaming and online gambling industry; the success of esports and other betting products are not guaranteed; changes in public perception of the esports and online gambling industry; failure to retain or add customers; the Company having a limited operating history; negative cash flow from operations; operational risks; cybersecurity risks; reliance on management; reliance on third parties and third-party networks; exchange rate risks; risks related to cryptocurrency transactions; risk of intellectual property infringement or invalid claims; the effect of capital market conditions and other factors on capital availability; competition, including from more established or better financed competitors; and general economic, market and business conditions. For additional risks, please see the Company’s MD&A dated April 30, 2024 and other disclosure documents available on SEDAR+ at www.sedarplus.ca. No assurance can be given that the expectations reflected in forward-looking statements will prove to be correct. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Source: Rivalry Corp.
In February, the Russia-Ukraine war will reach its third anniversary. Russia has announced a more flexible policy regarding the possible use of nuclear weapons, creating global concern. Yet this is testimony to the undeniable weakness of this aggressor nation. President Volodymyr Zelensky of Ukraine remains as energetic and committed as ever, including travel to the U.S. and elsewhere to generate support. Time magazine named him “Person of the Year” for good reasons. The war in Ukraine proceeds with devastating, perhaps irreparable damage to the influence and reputation of Vladimir Putin, and also the military of Russia. Rightly, the Red Army of the Soviet Union was greatly respected, and greatly feared by the nations occupied by that enormous force. After all, this was the military that fought and ultimately destroyed the bulk of the enormous war machine of Nazi Germany. The vast majority of the mechanized units of the Wehrmacht were deployed on the Eastern Front, a theatre where the war was literally a fight to the collective death, without the restraints present in combat involving American, British and other militaries in the West. Clearly, Putin and associates miscalculated how easily Russia’s military would be able to occupy Ukraine and take control, in Cold War fashion. As in armed conflicts throughout history, the determination and courage of the people of Ukraine have been a vital factor. But Russian forces have also proven extraordinarily deficient. Mechanized weapons and equipment have broken down to a striking degree, many units proved ineffective and general disorganization has accompanied the large but clumsy invasion. Clear by now is that the end of the Soviet Union also has opened the door to corruption and decay, undeniably and extraordinarily widespread. In a particularly shocking development, dead Russian soldiers have simply been left where they lie on the battlefield by retreating comrades. Not abandoning comrades, alive or dead, is a traditional tenet of military culture. The Biden administration’s provision of Patriot missile defense and other systems to Ukraine is important. The Patriot is part of a great revolution in military technologies over the 20th and 21st centuries. In World War II, various changes created a much more fluid battle environment. The tank and other motorized vehicles, long-range heavily armed aircraft, modern electronic communications and other innovations drastically altered the characteristics of fighting. One important invention was the Tube-launched Optically tracked Wire-guided missile, or TOW, a relatively portable lethal anti-tank weapon. The German V-1 rocket of World War II was a very early example of a guidance system within a missile. Related technologies have evolved to an extraordinary degree since that time. In the spring of 1972, North Vietnam launched a massive armored invasion of South Vietnam. TOW missiles, usually launched from helicopters, completely devastated large numbers of Soviet-supplied tanks along with other targets. This offensive was decisively defeated. Other Precision-Guided Munitions (PGMs) include the Stinger anti-aircraft missile. This weapon proved important in defeating the Soviet invasion of Afghanistan, over a decade starting in 1979. From 1973, the Pentagon began a satellite network for Earth navigation. The Global Positioning System (GPS) solved the fundamental problem in the war of accurately locating the enemy, plus your own position. Precision munitions along with advanced weaponry in general, massive logistical and supply capabilities, and skilled professionals were vital to the remarkable Allied liberation of Kuwait from the Iraq occupation in 1991. But Russia continues to press the war. Once inaugurated, President Donald Trump should press for peace. Arthur I. Cyr is author of “After the Cold War – American Foreign Policy, Europe and Asia” (NYU and Palgrave/Macmillan). Contact acyr@carthage.edu