BRITS will watch five hours of telly a day over Christmas and 'lie' to loved ones to avoid socialising for a boxset. As Christmas officially kicks off, many will embrace the slow, relaxed pace of the Twixmas period between December 26th and 31st, indulging in some guilty pleasures while avoiding the social demands of the festive season. 3 Brits will watch five hours of telly a day over Christmas and 'lie' to loved ones to avoid socialising for a boxset Credit: Getty A recent survey from Sky and Now has revealed that, during this in-between lull, Brits will engage in some surprising habits, with a focus on binge-watching TV, staying in their pyjamas, and even skipping showers. According to the poll, a quarter will avoid showering for three days or more during Twixmas, while half admit to wearing the same pair of pants for longer than a day. Even more surprising, 21 percent of respondents will go up to five days without leaving the house, making the period a time for ultimate relaxation and avoidance of any unnecessary errands or social obligations. In fact, it seems that getting dressed is not a priority for many, as over half of respondents - at 55 percent - will spend at least one day lounging around in their pyjamas, with some spending the entire period in their most comfortable attire. read more on Christmas ONE HIT WONDERLAND Christmas song rich list revealed - including star who makes £1m a YEAR PROUD BRO Princess Kate's brother James praises his sister as she leads carol concert The trend of taking it easy continues with the discovery that 64% of Brits said their favourite activity during Twixmas is staying at home and watching TV. With family and friends often still lingering from Christmas, some will take the opportunity to lie about being busy to avoid socialising beyond December 25th. Around 22 percent of people admitted to fibbing to loved ones so they can stay home, binge-watch boxsets, and simply unwind without any obligations. It’s no surprise, then, that Brits are setting aside considerable time for television, with the average person watching five hours a day. Most read in Streaming LAST CHRISTMAS Gavin and Stacey cast break down in tears ahead of final episode ROYAL ENGAGEMENT? The Crown star Vanessa Kirby 'is engaged' to hunky sports star boyfriend HOT FOR BOT Racy Megan Fox movie packed with robot sex scenes tops Netflix streaming charts BACK ON Disney+'s most raunchy show Rivals confirmed for series two Over the six days of Twixmas, this adds up to an impressive 30 hours of TV viewing, and across the UK, it amounts to a staggering 1.8 billion hours of collective screen time. During this period, many will start and finish a new TV series in just a few days, with 52 percent of respondents committing to new shows. Hannah Murray's Deeply Personal Journey: From Game of Thrones to Wellness Cult Two-fifths will go so far as to binge-watch TV all day without ever getting up, cementing the idea that this is a time dedicated to indulgent relaxation. Rewatching old favourites is also common, with 51% of Brits revisiting beloved series they've already seen multiple times. With Gavin and Stacey's final ever episode set to air, it's perfect timing for fans to re-watch the entire series from the beggining. The Twixmas period also serves as a time for many to catch up on all the Christmas specials and festive-themed TV shows they missed during the chaos of the holiday. More than half of those surveyed - at 52 percent - will spend their time revisiting these programmes, and over a fifth - 22 percent - will make it a point to rewatch their favourite Christmas classics. This trend reflects a broader shift towards embracing comfort and relaxation in the days following Christmas. Read more on the Scottish Sun SHOCK SWOOP Former Celtic boss 'lines up shock January transfer swoop for Kyogo Furuhashi' MAKE THE YULETIDE GREY White Christmas update for Scots as snow & 80mph winds wreak chaos Jamie Morris, Executive Director of Content Strategy and Performance at Sky, said that this period of rest is the ideal time to relax, snack on leftovers, and enjoy some great television. Whether it's watching nostalgic favourites, diving into thrilling new series, or simply revisiting Christmas classics, Sky and NOW have ensured that Brits have access to everything they need for the perfect Twixmas. 3 Popular choices include the Harry Potter movie franchise Credit: Alamy 3 Sky's exclusive series like Game of Thrones too Credit: Alamy
NoneYes, an Italian village is offering $1 homes to Americans following the election
Initial plans released for 75th season in 2026, including 75th anniversary logo and rings, commemorative ticket and more INDIANAPOLIS , Dec. 12, 2024 /PRNewswire/ -- Set to celebrate its landmark 75th season in 2026, NHRA officials revealed a series of special plans today to kick off the campaign for the historic year in the NHRA Mission Foods Drag Racing Series. NHRA revealed a special 75th anniversary logo for the 2026 season to launch the campaign, as NHRA looks to celebrate 75 years of incredible racing, founder Wally Parks and the incredible legends that have played a huge role in NHRA's illustrious history. The buildup to the landmark 75th season in 2026 will take place throughout the 2025 campaign with several initiatives set to take place this year, starting at the season-kickoff NHRA Gatornationals on March 6-9 at Gainesville Raceway. Some of the items introduced today at the 75th anniversary campaign launch include: 75TH ANNIVERSARY RINGS: NHRA also revealed special 75th anniversary replica rings that will be given to fans who renew their tickets for the 2026 race throughout the upcoming season. These rings will be a replica of the 75th anniversary rings given to the Mission Foods Drag Racing Series world champions in 2026. COMMEMORATIVE TICKETS : Each fan can purchase a special commemorative ticket for 2026 events to celebrate the landmark 75th season. SPECIAL 2026 WALLY TROPHY: The NHRA will introduce a new and unique Wally trophy that will be given to all race winners during the 2026 season. The 75th anniversary Wally will only be given out during the 2026 year. WALLY PARKS DOCUMENTARY: A comprehensive and first-time full-length documentary on iconic NHRA Founder Wally Parks will be released during the 2026 season. TOP 75 DRIVER LIST: Much like the Top 50 NHRA Driver List that was released during the 50th anniversary season in 2001, the NHRA will release its Top 75 Driver List during the 2026 season. The Top 75 Drivers list will also be released in book form. 75TH ANNIVERSARY COFFEE TABLE BOOK: A high-quality hardcover coffee table book will be released in alignment with the 75th anniversary as a must-have for any fan, detailing the incredible history of the NHRA, from its humble beginnings to its current status. "The 75th anniversary of NHRA drag racing marks a landmark moment in our sport's history and we're excited to kick off the campaign for that historic season in 2026 throughout our upcoming 2025 season," NHRA President Glen Cromwell said. "From a special logo and 75th anniversary rings, we're thrilled to introduce several initiatives already for that celebratory season in 2026 and we will have many more to announce throughout 2025 in this exciting year-long buildup. NHRA has an incredible history – as well as a bright future – and we look forward to celebrating that with our fans, race teams, member track and partners." Additional announcements and initiatives for the 75th anniversary season in 2026 will be released throughout the 2025 campaign. NHRA legends will also be included in the year-long celebration that year, with appearances and special celebrations to be announced in the coming weeks and months. For more information on NHRA, including the full 2025 schedule, please visit www.nhra.com . About Mission Foods MISSION®, owned by GRUMA, S.A.B. de C.V., is the world's leading brand for tortillas and wraps. MISSION® is also globally renowned for flatbreads, dips, salsas and Mexican food products. With presence in over 112 countries, MISSION® products are suited to the lifestyles and the local tastes of each country. With innovation and customer needs in mind, MISSION® focuses on the highest quality, authentic flavors, and providing healthy options that families and friends can enjoy together. For more information, please visit https://www.missionfoods.com/ About NHRA NHRA is the primary sanctioning body for the sport of drag racing in the United States . NHRA presents 20 national events featuring the NHRA Mission Foods Drag Racing Series and NHRA Lucas Oil Drag Racing Series, as well as the Congruity NHRA Pro Mod Drag Racing Series, NHRA Flexjet Factory Stock ShowdownTM, NHRA Holley EFI Factory X, Pingel Top Fuel Motorcycle and Johnson's Horsepowered Garage NHRA Mountain Motor Pro Stock at select national events. NHRA provides competition opportunities for drivers of all levels in the NHRA Summit Racing Series and NHRA Street LegalTM. NHRA also offers the NHRA Jr. Street® program for teens and the Summit Racing Jr. Drag Racing League® for youth ages 5 to 17. With 110 Member Tracks, NHRA allows racers to compete at a variety of locations nationally and internationally. NHRA's Youth and Education Services® (YES) Program reaches over 30,000 students annually to ignite their interest in automotive and racing related careers. NHRA's streaming service, NHRA.tv®, allows fans to view all NHRA national events as well as exclusive features of the sport. In addition, NHRA owns and operates three racing facilities: Gainesville Raceway in Florida ; Lucas Oil Indianapolis Raceway Park; and In-N-Out Burger Pomona Dragstrip in Southern California . For more information, log on to www.NHRA.com , or visit the official NHRA pages on Facebook, Instagram, Twitter, and YouTube. View original content to download multimedia: https://www.prnewswire.com/news-releases/nhra-announces-launch-of-landmark-75th-anniversary-campaign-for-2026-season-302330705.html SOURCE NHRA © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Donald Trump invites President Xi to inauguration despite trade warOKLAHOMA CITY, Okla. (AP) — A new study has found that systemic barriers to voting on tribal lands contribute to substantial disparities in Native American turnout, particularly for presidential elections. The study, released Tuesday by the Brennan Center for Justice, looked at 21 states with federally recognized tribal lands that have a population of at least 5,000 and where more than 20% of residents identify as American Indian or Alaska Native. Researchers found that between 2012 and 2022, voter participation in federal elections was 7 percentage points lower in midterms and 15 percentage points lower in presidential elections than among those living off tribal lands in the same states. Earlier studies show voter turnout for communities of color is higher in areas where their ethnic group is the majority, but the latest research found that turnout was the lowest on tribal lands that have a high concentration of Native Americans, the Brennan Center said. “There’s something more intensely happening in Native American communities on tribal land,” said Chelsea Jones, a researcher on the study. Jones said the study suggests some barriers may be insurmountable in predominately Native communities due to a lack of adequate polling places or access to early and mail-in ballots. Many residents on tribal lands have nontraditional addresses, meaning they don't have street names or house numbers, making mail-in voting even more difficult. As a result, many Native American voters rely on P.O. boxes, but the study notes that several jurisdictions will not mail ballots to P.O. boxes. Long distances to the polls that do exist on tribal lands and little to no public transportation creates additional hurdles for Native American voters. In far-flung Alaska Native villages, polling places sometimes simply don't open if there's no one available to run an election, and severe weather can make absentee voting unreliable, The Associated Press reported last month. “When you think about people who live on tribal lands having to go 30, 60, 100 miles (up to 160 kilometers) to cast a ballot, that is an extremely limiting predicament to be in," Jones said. "These are really, truly severe barriers.” Additionally, Jones said they found Native American voters were denied the ability to vote using their tribal IDs in several places, including in states where that is legally allowed. All of these roadblocks to the ballot can create a sense of distrust in the system, which could contribute to lower turnout, Jones said. The Brennan Center study also highlights on ongoing issue when it comes to understanding how or why Native Americans vote: a lack of good data. “There are immense data inequities when it comes to studying Native American communities, especially as it pertains to politics," Jones said. Native American communities are often overlooked when it comes to polling data and sometimes when they are included those studies do not reflect broader trends for Indigenous voters, said Stephanie Fryberg, the director of the Research for Indigenous Social Action & Equity Center, which studies systemic inequalities faced by Indigenous people. “Generally speaking, polling is not well positioned to do a good job for Indian Country,” said Fryberg, who is also a professor of psychology at Northwestern University. “There are ideas that are held up as the gold standard about how polling works that don’t work for Indian Country because of where we live, because of how difficult it is to connect to people in our community.” Fryberg, a member of the Tulalip Tribe in Washington State, was one of several Indigenous researchers who denounced a recent exit poll conducted by Edison Research that found 65% of Native American voters who participated said they voted for Donald Trump. The poll only surveyed 229 self-identified Native Americans, a sample size that she said is too small for an accurate reading, and none of the jurisdictions in the poll were on tribal lands. “Right there, you’re already eliminating a powerful perspective,” Fryberg said. The Indigenous Journalists Association labelled that polling data as “highly misleading and irresponsible,” saying it has led “to widespread misinformation.” In a statement to the Associated Press, Edison Research acknowledged that the polling size is small, but said the "goal of the survey is to represent the national electorate and to have enough data to also examine large demographic and geographic subgroups." The survey has a potential sampling margin of error of plus or minus 9%, according to the statement. “Based on all of these factors, this data point from our survey should not be taken as a definitive word on the American Indian vote,” the statement reads. Native Americans are not just part of an ethnic group, they also have political identities that come with being citizens of sovereign nations. Fryberg said allowing those surveyed to self-identify as Native Americans, without follow-up questions about tribal membership and specific Indigenous populations, means that data cannot accurately capture voting trends for those communities. Both Fryberg and Jones said that in order to create better data on and opportunities for Native Americans to vote, researchers and lawmakers would have to meet the specific needs of Indigenous communities. Jones said passage of the Native American Voting Rights Act, a bill that has stalled in Congress, would ensure equitable in-person voting options in every precinct on tribal lands. “This is not an issue that we see across the country,” Jones said. “It’s very specific to tribal lands. So we need provisions that address that uniquely.” Graham Lee Brewer is an Oklahoma City-based member of the AP's Race and Ethnicity team.
SANTA CLARA, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the third quarter ended September 30, 2024. “Recently, we launched our Conversational AI SDK in collaboration with OpenAI’s Realtime API to allow developers to bring voice-driven AI experiences to any app. We believe multimodal AI agents that can interact with human through natural voice will gain widespread adoption across many use cases such as customer support, education and wellness, and Agora is well positioned to become a key infrastructure provider for real-time conversational AI,” said Tony Zhao, founder, chairman and CEO of Agora. “To support this vision, we recently made some structural changes, aligning our organization to fully leverage the accelerating conversational AI opportunities, and operate in a faster, leaner, and more responsive fashion. These changes will help us build the next generation real-time engagement technology for the Generative AI era and strengthen our position as the leader in real-time engagement space.” Third Quarter 2024 Highlights Third Quarter 2024 Financial Results Revenues Total revenues were $31.6 million in the third quarter of 2024, a decrease of 9.8% from $35.0 million in the same period last year. Revenues of Agora were $15.7 million in the third quarter of 2024, an increase of 2.6% from $15.3 million in the same period last year, primarily due to our business expansion and usage growth in sectors such as live shopping. Revenues of Shengwang were RMB112.9 million ($15.9 million) in the third quarter of 2024, a decrease of 20.0% from RMB141.2 million ($19.7 million) in the same period last year, primarily due to a decrease in revenues of RMB 17.5 million ($2.4 million) due to the end-of-sale of certain products and reduced usage from customers in certain sectors such as social and entertainment as a result of challenging macroeconomic and regulatory environment. Cost of Revenues Cost of revenues was $10.5 million in the third quarter of 2024, a decrease of 16.4% from $12.6 million in the same period last year, primarily due to the end-of-sale of certain products and the decrease in bandwidth usage and costs, which was offset partially by severance expenses for customer support teams of $0.3 million. Gross Profit and Gross Margin Gross profit was $21.0 million in the third quarter of 2024, a decrease of 6.1% from $22.4 million in the same period last year. Gross margin was 66.7% in the third quarter of 2024, an increase of 2.7% from 64.0% in the same period last year, mainly due to the end-of-sale of certain low-margin products, which was offset partially by higher severance expenses in the third quarter of 2024. Operating Expenses Operating expenses were $45.9 million in the third quarter of 2024, an increase of 24.3% from $36.9 million in the same period last year, primarily due to the increase in restructuring and severance expenses in the third quarter of 2024, which included share-based compensation of $11.4 million as a result of the cancellation of certain employees’ equity awards and immediate recognition of relevant remaining unrecognized compensation expenses, as well as severance expenses of $4.4 million. Loss from Operations Loss from operations was $24.7 million in the third quarter of 2024, compared to $13.9 million in the same period last year. Interest Income Interest income was $3.9 million in the third quarter of 2024, compared to $4.9 million in the same period last year, primarily due to the decrease in the average balance of cash, cash equivalents, bank deposits and financial products issued by banks and the decrease in average interest rate realized. Losses from equity in affiliates Losses from equity in affiliates were $4.2 million in the third quarter of 2024, primarily due to an impairment loss on an investment in certain private company of $4.1 million. Net Loss Net loss was $24.2 million in the third quarter of 2024, compared to $22.5 million in the same period last year. Net Loss per American Depositary Share attributable to ordinary shareholders Net loss per American Depositary Share (“ADS”)1 attributable to ordinary shareholders was $0.26 in the third quarter of 2024, compared to $0.23 in the same period last year. 1 One ADS represents four Class A ordinary shares. Share Repurchase Program During the three months ended September 30, 2024, the Company repurchased approximately 6.8 million of its Class A ordinary shares (equivalent to approximately 1.7 million ADSs) for approximately US$3.9 million under its share repurchase program, representing 1.9% of its US$200 million share repurchase program. As of September 30, 2024, the Company had repurchased approximately 129.4 million of its Class A ordinary shares (equivalent to approximately 32.3 million ADSs) for approximately US$113.7 million under its share repurchase program, representing 57% of its US$200 million share repurchase program. As of September 30, 2024, the Company had 368.3 million ordinary shares (equivalent to approximately 92.1 million ADSs) outstanding, compared to 449.8 million ordinary shares (equivalent to approximately 112.5 million ADSs) outstanding as of January 31, 2022 before the share repurchase program commenced. The current share repurchase program will expire at the end of February 2025. Executive Leadership Update Today the Company announced that Chief Security Officer Roger Hale will be leaving the Company, effective immediately. Mr. Hale has served in this role for the past 2.5 years, during which he made significant contributions to enhancing the Company’s security, compliance, and data protection protocols. Mr. Hale will work closely with senior leadership to ensure a smooth transition of his responsibilities. Moving forward, Patrick Ferriter and Robbin Liu will assume responsibility for security and compliance, reflecting the Company’s commitment to maintaining a strong and effective security framework. Mr. Hale will continue to provide strategic advice as an advisor to the Company. “We are grateful for Roger’s dedication and expertise over the past two and a half years. His leadership has been invaluable in strengthening our security & compliance foundation,” said Tony Zhao, founder, chairman and CEO of Agora. “Security and compliance remain top priorities for Agora, and we will continue to uphold the highest standards to protect our customers and stakeholders.” Financial Outlook Based on currently available information, the Company expects total revenues for the fourth quarter of 2024 to be between $34 million and $36 million, compared to $31.6 million in the third quarter of 2024, and $33.3 million in the fourth quarter of 2023 if revenues from certain end-of-sale low-margin products were excluded. The Company also expects significant improvement in net income / (loss) in the fourth quarter. This outlook reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change. Earnings Call The Company will host a conference call to discuss the financial results at 5 p.m. Pacific Time / 8 p.m. Eastern Time on November 25, 2024. Details for the conference call are as follows: Event title: Agora, Inc. 3Q 2024 Financial Results The call will be available at https://edge.media-server.com/mmc/p/wie28zvr Investors who want to hear the call should log on at least 15 minutes prior to the broadcast. Participants may register for the call with the link below. https://register.vevent.com/register/BIf58a0b6f500c4362b1a8c64f9fa4cea8 Please visit the Company’s investor relations website at https://investor.agora.io on November 25, 2024 to view the earnings release and accompanying slides prior to the conference call. Use of Non-GAAP Financial Measures The Company has provided in this press release financial information that has not been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”). The Company uses these non-GAAP financial measures internally in analyzing its financial results and believe that the use of these non-GAAP financial measures is useful to investors as an additional tool to evaluate ongoing operating results and trends and in comparing its financial results with other companies in its industry, many of which present similar non-GAAP financial measures. Besides free cash flow (as defined below), each of these non-GAAP financial measures represents the corresponding GAAP financial measure before share-based compensation expenses, acquisition related expenses, amortization expenses of acquired intangible assets, income tax related to acquired intangible assets and impairment of goodwill. The Company believes that such non-GAAP financial measures help identify underlying trends in its business that could otherwise be distorted by the effects of such share-based compensation expenses, acquisition related expenses, amortization expenses of acquired intangible assets, income tax related to acquired intangible assets and impairment of goodwill that it includes in its cost of revenues, total operating expenses and net income (loss). The Company believes that all such non-GAAP financial measures also provide useful information about its operating results, enhance the overall understanding of its past performance and future prospects and allow for greater visibility with respect to key metrics used by its management in its financial and operational decision-making. Non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP financial measures and should be read only in conjunction with the Company’s consolidated financial statements prepared in accordance with GAAP. A reconciliation of its historical non-GAAP financial measures to the most directly comparable GAAP measures has been provided in the tables captioned “Reconciliation of GAAP to Non-GAAP Measures” included at the end of this press release, and investors are encouraged to review the reconciliation. Definitions of the Company’s non-GAAP financial measures included in this press release are presented below. Non-GAAP Net Income (Loss) Non-GAAP net income (loss) is defined as net income (loss) adjusted to exclude share-based compensation expenses, acquisition related expenses, amortization expenses of acquired intangible assets, income tax related to acquired intangible assets and impairment of goodwill. Free Cash Flow Free cash flow is defined as net cash provided by operating activities less purchases of property and equipment (excluding the acquisition of land use right and the payment for the headquarters project). The Company considers free cash flow to be a liquidity measure that provides useful information to management and investors regarding net cash provided by operating activities and cash used for investments in property and equipment required to maintain and grow the business. Operating Metrics The Company also uses other operating metrics included in this press release and defined below to assess the performance of its business. Active Customers An active customer at the end of any period is defined as an organization or individual developer from which the Company generated more than $100 of revenue during the preceding 12 months. Customers are counted based on unique customer account identifiers. Generally, one software application uses the same customer account identifier throughout its life cycle while one account may be used for multiple applications. Dollar-Based Net Retention Rate Dollar-Based Net Retention Rate is calculated for a trailing 12-month period by first identifying all customers in the prior 12-month period, and then calculating the quotient from dividing the revenue generated from such customers in the trailing 12-month period by the revenue generated from the same group of customers in the prior 12-month period. As the vast majority of revenue generated from Agora’s customers is denominated in U.S. dollars, while the vast majority of revenue generated from Shengwang’s customers is denominated in Renminbi, Dollar-Based Net Retention Rate is calculated in U.S. dollars for Agora and in Renminbi for Shengwang, which has substantially removed the impact of foreign currency translations. Shengwang excluded the revenues from certain end-of-sale products, Easemob’s CEC business and K12 academic tutoring sector. The Company believes Dollar-Based Net Retention Rate facilitates operating performance comparisons on a period-to-period basis. Safe Harbor Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding the Company’s financial outlook, beliefs and expectations. Forward-looking statements include statements containing words such as “expect,” “anticipate,” “believe,” “project,” “will” and similar expressions intended to identify forward-looking statements. Among other things, the Financial Outlook in this announcement contain forward-looking statements. These forward-looking statements are based on the Company’s current expectations and involve risks and uncertainties. The Company’s actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks related to the growth of the RTE-PaaS market; the Company’s ability to manage its growth and expand its operations; the continued impact of COVID-19 on global markets and the Company’s business, operations and customers; the Company’s ability to attract new developers and convert them into customers; the Company’s ability to retain existing customers and expand their usage of its platform and products; the Company’s ability to drive popularity of existing use cases and enable new use cases, including through quality enhancements and introduction of new products, features and functionalities; the Company’s fluctuating operating results; competition; the effect of broader technological and market trends on the Company’s business and prospects; general economic conditions and their impact on customer and end-user demand; and other risks and uncertainties included elsewhere in the Company’s filings with the Securities and Exchange Commission (“SEC”), including, without limitation, the final prospectus related to the IPO filed with the SEC on June 26, 2020. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and the Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof. About Agora, Inc. Agora, Inc. is the Cayman Islands holding company of two independent divisions, under Agora brand and Shengwang brand, respectively, whose businesses are conducted through separate entities. Headquartered in Santa Clara, California, Agora is a pioneer and global leader in Real-Time Engagement Platform-as-a-Service (PaaS), providing developers with simple, flexible, and powerful application programming interfaces, or APIs, to embed real-time voice, video, interactive live-streaming, chat, whiteboard, and artificial intelligence capabilities into their applications. Headquartered in Shanghai, China, Shengwang is a pioneer and leading Real-Time Engagement PaaS provider in the China market. For more information on Agora, please visit: www.agora.io For more information on Shengwang, please visit: www.shengwang.cn Agora, Inc. Condensed Consolidated Balance Sheets (Unaudited, in US$ thousands) Agora, Inc. Condensed Consolidated Statements of Comprehensive Loss (Unaudited, in US$ thousands, except share and per ADS amounts) Agora, Inc. Condensed Consolidated Statements of Cash Flows (Unaudited, in US$ thousands) Agora, Inc. Reconciliation of GAAP to Non-GAAP Measures (Unaudited, in US$ thousands, except share and per ADS amounts) Investor Contact: investor@agora.io Media Contact: press@agora.io
MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--Nov 25, 2024-- Kohl’s Corporation ("Kohl’s" or the "Company") (NYSE: KSS) today announced that Chief Executive Officer Tom Kingsbury plans to step down as CEO, effective January 15, 2025. He will stay on in an advisory role to the new CEO and retain his position on Kohl's Board of Directors (the "Board") through his retirement in May 2025, after which the size of the board will be reduced by one. The Board has appointed retail veteran Ashley Buchanan as CEO, effective January 15. Buchanan has been CEO of Michaels Companies since 2020 and, prior to that, has held a variety of senior executive roles at Walmart and Sam's Club during his 13 years at the company. Board Chair Michael Bender stated, “The Board is very grateful for Tom's leadership and ongoing service to Kohl's. Tom joined our Board in 2021. He then stepped up as interim CEO in 2022 and agreed to take the permanent position as CEO through May 2025. Under his leadership, the company is undergoing a transformation to elevate its product portfolio, enhance the store experience and improve its long-term financial health and profitability. On behalf of all Kohl’s associates, we thank Tom for his leadership, for his role working with the Board on our CEO search, and for supporting Ashley through this transition.” Bender added, “We are excited to welcome Ashley to Kohl's. His vast retail experience leading operations, merchandising, and e-commerce at Walmart and his past five years as CEO of Michaels will bring a steady, proven, innovative leader to Kohl's as we continue to transform the business and drive future growth. During his time at Michaels, he improved profitability and cash flow while driving operational efficiencies across the business. He also introduced new ways to leverage technology and e-commerce, allowing Michaels to more effectively meet customers where they are today. He has driven change by setting a clear vision, empowering teams, and practicing organizational accountability for results. We know he will be a great leader for Kohl's and will bring a new perspective in our next chapter." Kingsbury stated, "I've loved working in the retail industry for more than 40 years and it's been an honor to finish my career at Kohl's, a company that I've known and loved since I was a kid in Wisconsin. I'm proud of what the team has accomplished with our focus on enhancing the customer experience, driving value for customers, and running a sound and profitable business. I am optimistic for what is ahead for Kohl's associates, customers and shareholders." Buchanan stated, "I am thrilled to join Kohl's, a storied and respected brand in the retail industry. We have the privilege of serving millions of families all across the country, and I'm excited to work with the teams to evolve our business – building off the strength of our brand and loyal customer base while also creating a compelling retail experience for the future." Mr. Buchanan has been CEO and President of Michaels Companies since 2020, where he improved profitability, expanded the company's omnichannel approach by significantly growing the digital business, enhanced the store base with a smaller format model, and simplified its merchandise strategy. Prior to Michaels, he held a variety of executive positions at Walmart during his 13 years at the company, including Chief Merchandising and Chief Operating Officer for Walmart U.S. e-Commerce. Before that, he was Chief Merchant at Sam's Club where he led merchandising strategy, private brands, pricing, global sourcing, packaging and supply chain. Buchanan joined Walmart from Dell where he held a variety of positions in finance, and Accenture, where he focused on the retail industry. He holds a Bachelor of Business Administration in finance and real estate as well as a Master of Business Administration from Baylor University. Third Quarter 2024 Sales and Earnings Results Kohl's will announce its Q3 earnings results tomorrow morning at 9:00 a.m. ET, November 26, 2024. A webcast of the conference call and related presentation materials will be available on the Company's website at investors.kohls.com , both live and after the call. About Kohl’s Kohl’s (NYSE: KSS) is a leading omnichannel retailer built on a foundation that combines great brands, incredible value and convenience for our customers. Kohl’s is uniquely positioned to deliver against its long-term strategy and its purpose to take care of families’ realest moments. Kohl's serves millions of families in its more than 1,100 stores in 49 states, online at Kohls.com , and through the Kohl's App. With a large national footprint, Kohl’s is committed to making a positive impact in the communities it serves. For a list of store locations or to shop online, visit Kohls.com . For more information about Kohl’s impact in the community or how to join our winning team, visit Corporate.Kohls.com . Cautionary Statement Regarding Forward-Looking Information This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “believes,” “anticipates,” “plans,” “may,” “intends,” “will,” “should,” “expects" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on management’s then current views and assumptions and, as a result, are subject to certain risks and uncertainties, which could cause the Company’s actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, risks described more fully in Item 1A in the Company’s Annual Report on Form 10-K, which are expressly incorporated herein by reference, and other factors as may periodically be described in the Company’s filings with the SEC. Forward-looking statements relate to the date initially made, and Kohl’s undertakes no obligation to update them. View source version on businesswire.com : https://www.businesswire.com/news/home/20241125131125/en/ CONTACT: Investor Relations Contact: Jill Timm, (262) 703-2203,jill.timm@kohls.comMedia Contact: Jen Johnson, (262) 703-5241,jen.johnson@kohls.com KEYWORD: WISCONSIN UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: FOOTWEAR FASHION COSMETICS RETAIL JEWELRY HOME GOODS DEPARTMENT STORES SOURCE: Kohl’s Copyright Business Wire 2024. PUB: 11/25/2024 04:30 PM/DISC: 11/25/2024 04:32 PM http://www.businesswire.com/news/home/20241125131125/enEt conclave: Steering UP towards an AI-driven future
The Vikings have prepared for the game against the Atlanta Falcons without veteran quarterback Stephon Gilmore this week, and on Friday he was officially ruled out ahead of the matchup on Sunday afternoon at U.S. Bank Stadium. ADVERTISEMENT The news isn’t surprising given the fact that Gilmore hasn’t practiced at all this week at TCO Performance Center. He’s been nursing a hamstring injury since last week when he left a victory over the Arizona Cardinals. Though the Vikings believe that Gilmore has avoided anything serious, they are clearly being cautious with him so not to make anything worse. The loss of Gilmore in the short term will thrust veteran cornerback Fabian Moreau into a bigger role on defense. ______________________________________________________ This story was written by one of our partner news agencies. Forum Communications Company uses content from agencies such as Reuters, Kaiser Health News, Tribune News Service and others to provide a wider range of news to our readers. Learn more about the news services FCC uses here .When Christ Church Santa Fe needed someone to lead its youth programs, Joni Brenneisen applied because she was convinced no one was better qualified for this high-energy, full-time role. It mattered little to Joni that she had zero seminary training. And with all due respect to Mark Twain’s mind over matter musings, let’s just say Joni didn’t fit the target audience demographic. The pastors at Christ Church gently said no. It might be the only time that Joni has been denied. Instead, they released Joni into the Santa Fe community. They gave her the title of faithful presence coordinator. The job description probably is one sentence and reads: GO BE JONI. There are many wonderful, go-getters in our community. But you’ll find few as positively pushy and relentlessly resourceful as Joni. More importantly, she teaches everyone to get involved personally with problems that may never go away. Backpacks in bright colors smothered the floor. Gallon-sized, plastic food bags formed a makeshift mound on a tiny table. In another corner were shoe boxes, neatly stacked on metal shelves. “Take a shoe box. Take two,” she says. I didn’t respond, instead pivoting to the question of why we were standing in a small, stuff-filled fire station no longer in use. “So, what do you need? Why are we here?” I recall saying. Joni wore a vintage Mickey Mouse cap. One of the backpacks filled with kid goodies had a smiling Minnie Mouse. But this wasn’t a Disney moment. My questions perplexed Joni in the way we all get when searching for the right words. The Santa Fe New Mexican wrote about Joni nearly two years ago in a story entitled “Faithful presence coordinator’s tireless cheer and work brighten days for some in Santa Fe.” Former reporter Michael Tashji’s opening paragraphs explains how a retired business owner who sold Hallmark cards became the caretaker of a nondescript, one-garage fire station: Then-Santa Fe Fire Department Chief Paul Babcock walked into Christ Church Santa Fe one day (in the summer of 2021), rattled a set of keys and told Joni Brenneisen she could have them. “He gave me Fire Station No. 6,” said Brenneisen, who organizes community aid programs from the decommissioned station — including food and clothes for the needy, sleeping bags for the homeless, running shoes to Native American children and backpacks full of school supplies to students. Such a smart move by city leaders. From this neighborhood bureau affectionately known as Joni's Fire Station No. 6, first responders and community connectors drop by to pick up food or other items for those who can’t get immediate help anywhere else. Clothes and shoes for women hang out in one room, suits for men in another, and backpacks and toys for children spread everywhere. And there are those shoe boxes. This column isn’t necessarily about Joni, although she makes a compelling storyline. So many good folks step up daily to help neighbors in need. Spend time with The New Mexican’s 10 Who Make a Difference section and be humbled by the extraordinary volunteerism in our communities. Or perhaps you witnessed the smiles on Saturday when La Fonda Foundation held a family resource summit for hospitality workers in need, offering food, immunizations, connections to assistance programs, and a visit from Santa Claus. Or notice how the Empty Stocking Fund grows daily with contributions meant to help individuals living within 50 miles of Santa Fe with rent payments, bills, and other vital needs. ( The New Mexican has been a longtime supporter of the Empty Stocking Fund and publishes a list of donors throughout December.) Joni asked again. Would I take a shoe box? That’s when I realized the problem wasn’t Joni being persistent. Writing a check? Yeah, that’s easy. Reaching out to someone needing help? That takes a personal commitment. I took a shoe box. Inside was a large jar of soup, a package of cooked rice and other personal items. On the short drive from Fire Station No. 6 to the office, my strategically spinning mind wondered what to do next. Within minutes of parking, I found someone who recognized the importance of the shoe box. There was no ceremony. No staff photographer or even a selfie to capture my sudden burst of humanity. Just a quick exchange and a slight nod. Maybe the lesson here is we all can GO BE JONI. Maybe Joni’s well-worn cap is a motif and message. How, by getting out of our comfort zone, we can make it a small world after all.Man charged in viral machete attack has prior cases