Liverpool legend Mohamed Salah breaks another Premier League record against Tottenham Hotspur, leaving no room for his naysayers to make any counter-argument. The Liverpool right-back has maintained his domination in all competitions this season despite facing constant disregard from the European media. Liverpool beat Spurs 3-6 in the Premier League showdown at the Tottenham Hotspur Stadium on Sunday to secure three points. They needed this victory after grinding out two tough draws in the Premier League games against Fulham and Newcastle United. This victory and Chelsea’s draw with Everton allowed the Reds to build a four-point advantage with a game in hand. Salah has played a pivotal role as a top goal scorer and creator along with his leadership position at Liverpool Salah told Liverpoolfc.com that he is proud of making Premier League history with Liverpool by reaching double figures for both goals and assists before Christmas. He said: “I didn’t think about it before the game, to be fair, but I’m glad I did it. [It’s] something that makes me happy. I’m proud and I’ll just keep working hard.” The 32-year-old has scored 15 goals and provided 11 assists in 16 games in the Premier League this season. He has also scored 18 goals and 15 assists in all competitions this season, displaying his dominance in all tournaments. Either bigotry or lack of football knowledge: Reasons behind continuous disregard of Salah’s achievement The Egypt captain joined Liverpool in the summer of 2017 under the reign of legendary manager Jurgen Klopp. Salah immediately impacted and showcased his proficiency in front of the goal and dominance in the final third. Nevertheless, many on social media called him a one-season wonder, raising debate in the British press about Salah’s longevity. Salah continued to let his football do the talking, scoring endless goals and influencing the play season after season. In 2021, the Egyptian legend broke Didier Drogba’s record for the most goals from an African in Premier League history. However, that record-breaking feat only invited debate about the best African players in England or throughout African history. Former Everton forward Yakubu refused to accept Salah as the greatest African to play in the Premier League, claiming Drogba “scored for fun”. The hilarious statement made no sense as the response to the Egypt international’s record-breaking feat. A post shared by Liverpool Football Club (@liverpoolfc) Eden Hazard ’s disastrous tenure at Real Madrid and eventual retirement raised the topic of the best right-winger ever in England. Once again people ridiculed the notion of Salah beating Hazard in the competition until Hazard admitted himself . The 32-year-old showed similar prolific form last year for the Reds and his country but failed to make it to the top-30 list of Ballon d’Or. This is another big example of media personnel completely disregarding the consistent impact of the Egyptian legend. Recently, former Liverpool defender Jamie Carragher incurred the wrath of the Kopites by targeting Salah over the contract saga. Carragher also chose Kevin De Bruyne as the best player in the Premier League in recent history. Furthermore, he chose Cole Palmer as the best player at the moment over Liverpool’s attacking legend who is continuously making history. A post shared by Liverpool Football Club (@liverpoolfc) At the same time, Arsenal fans continue to hype up their best player Bukayo Saka as better than Salah. This season, the 32-year-old has already surpassed Saka’s best-ever goals plus assists figures for Arsenal in a whole season. Mohamed Salah : The Liverpool legacy There is no denying that Liverpool fans adore their Egyptian king and are very grateful for his service. In recent history, Salah is next to legendary captain Steven Gerrard while some argue that his legacy is at par with the Scouse midfielder. Nevertheless, the Egyptian forward has etched an everlasting legacy in the Premier League that surpasses many former legends. If anyone wants to tarnish all of these achievements, they are tarnishing the name of the beautiful game itself that strives to stand above any bigotry or ignorance. This article first appeared on The Kop Times and was syndicated with permission.Luigi Mangione appears in court as manifesto reveals alleged motive behind CEO killing
Sooners Draw Navy in Armed Forces Bowl
Jackson Acquisition Company II Announces Pricing of $200 Million Initial Public Offering
California to consider requiring mental health warnings on social media sitesNEW YORK , Dec. 23, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Altair Engineering Inc. (NASDAQ: ALTR)'s sale to Siemens for $113.00 per share in cash. If you are an Altair shareholder, click here to learn more about your legal rights and options . Sandy Spring Bancorp (NASDAQ: SASR)'s sale to Atlantic Union Bankshares Corporation for 0.900 shares of Atlantic Union common stock for each share of Sandy Spring . If you are a Sandy Spring shareholder, click here to learn more about your rights and options . Atlantic Union Bankshares Corporation (NYSE: AUB)'s merger with Sandy Spring Bancorp. If you are an Atlantic shareholder, click here to learn more about your rights and options . Cyclo Therapeutics, Inc. (NASDAQ: CYTH)'s merger with Rafael Holdings, Inc. If you are a Cyclo shareholder, click here to learn more about your rights and options . Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com . Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Halper Sadeh LLC Daniel Sadeh, Esq. Zachary Halper, Esq. (212) 763-0060 sadeh@halpersadeh.com zhalper@halpersadeh.com https://www.halpersadeh.com View original content to download multimedia: https://www.prnewswire.com/news-releases/shareholder-investigation-halper-sadeh-llc-investigates-altr-sasr-aub-cyth-on-behalf-of-shareholders-302338489.html SOURCE Halper Sadeh LLPALPHARETTA, Ga.--(BUSINESS WIRE)--Dec 9, 2024-- Jackson Acquisition Company II (the “Company”) announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) and will trade under the ticker symbol “JACS.U” beginning December 10, 2024. Each unit consists of one Class A ordinary share and one right to receive one-tenth (1/10) of a Class A ordinary share upon the consummation of an initial business combination. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on the NYSE under the symbols “JACS” and “JACS.R,” respectively. The offering is expected to close on December 11, 2024, subject to customary closing conditions. The Company, led by Chairman of the Board of Directors and Chief Executive Officer Richard L. Jackson, is a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination in any industry, the Company intends to concentrate its search on businesses with a focus on healthcare services, healthcare technology, or otherwise focused on the healthcare industry. Roth Capital Partners is acting as sole book-running manager for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 3,000,000 units to cover over-allotments, if any. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Roth Capital Partners, LLC, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660, (800) 678-9147 or by accessing the SEC’s website, www.sec.gov . A registration statement relating to the securities was declared effective by the Securities and Exchange Commission on December 9, 2024. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Forward-Looking Statements This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s proposed initial public offering and the Company’s search for and/or completion of an initial business combination. No assurance can be given that the offering will be completed on the terms described, or at all, or that the Company will complete an initial business combination. Forward-looking statements are subject to numerous risks, conditions and other uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the Company’s offering filed with the U.S. Securities and Exchange Commission (the “SEC”). Copies of these documents are available on the SEC’s website, www.sec.gov . The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. View source version on businesswire.com : https://www.businesswire.com/news/home/20241209829813/en/ CONTACT: Richard L. Jackson Jackson Acquisition Company II (678) 690-1079 KEYWORD: GEORGIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE SOURCE: Jackson Acquisition Company II Copyright Business Wire 2024. PUB: 12/09/2024 06:09 PM/DISC: 12/09/2024 06:09 PM http://www.businesswire.com/news/home/20241209829813/en
: Srikalahasti MLA Bojjala Sudhir Reddy said on Sunday that the government is committed to streamlining and resolving land-related grievances within 45 days through a series of revenue summits. Speaking at a revenue summit in Velampadu village, he emphasised the initiative’s importance in addressing long-standing land disputes, improving transparency, and modernising the revenue administration system to better serve the public. MLA Sudhir Reddy attributed the initiative’s success to Chief Minister N. Chandrababu Naidu, crediting him for championing a citizen-focused approach to governance. “These revenue summits are crucial for resolving disputes over government lands and addressing issues from the past five years. This initiative is designed to empower citizens by ensuring their concerns are heard and resolved promptly”, said the MLA. Reddy highlighted the government’s efforts to modernise revenue administration through digitisation and technological advancements. He explained that digitising land records, streamlining tax collection, and introducing advanced tools would not only reduce corruption but also enhance public service delivery. “This is a significant step towards better governance. By implementing modern systems, we aim to create a transparent, efficient, and citizen-centric revenue framework that benefits everyone, particularly the farming community”, he added. The MLA criticised the re-survey process undertaken by the previous YSRC government, calling it a rushed exercise that caused widespread issues for farmers. He stated that errors in the earlier re-survey were due to a lack of proper procedures and inadequate time allocation. “Our government has taken note of the challenges faced by the farming community due to these errors. Through these revenue summits, we are now addressing and correcting those mistakes while ensuring fairness and accuracy”, he said. Sudhir Reddy assured attendees of his personal commitment to resolving grievances raised during the programme.
Remember those countless hours spent chasing Pokémon around your neighborhood? Turns out, you weren’t just catching virtual creatures – you were also contributing to a massive real-world project. Niantic, the company behind the augmented reality sensation Pokémon Go, has been quietly using player data to build a sophisticated AI-powered mapping system. This isn’t some Orwellian scheme; it’s about creating a more immersive and interactive digital world, but it does raise questions about data privacy and the future of AR technology. Niantic’s goal is ambitious: to create a “mirror world” – a 3D map of the real world so detailed and dynamic that it can seamlessly blend with augmented reality applications. Imagine AR glasses that not only overlay information on your surroundings but also understand the context of those surroundings. This could revolutionize everything from navigation and city planning to gaming and social interaction. How Does Pokémon Go Fit Into This? Pokémon Go, with its location-based gameplay, has proven to be an invaluable tool for Niantic’s mapping ambitions. Here’s how: This crowdsourced approach to data collection has allowed Niantic to gather information on a scale that would be impossible for any single company to achieve. Millions of players worldwide have become unwitting cartographers, contributing to a constantly evolving and expanding map of the world. The Technology Behind the Map Niantic’s mapping system relies on several key technologies: This combination of technologies allows Niantic to create a map that is not only accurate but also intelligent. It can understand the relationship between different objects, predict how a scene might change over time, and even generate realistic virtual objects that blend seamlessly with the real world. Beyond Pokémon Go: The Future of AR While Pokémon Go has been instrumental in gathering data, Niantic’s vision extends far beyond the game. The company sees its mapping technology as the foundation for a wide range of AR applications: The Privacy Question The use of player data raises legitimate concerns about privacy. Niantic assures users that it anonymizes data and takes steps to protect user privacy. However, the fact remains that the game collects a significant amount of information about players’ movements and activities. As AR technology becomes more prevalent, the question of how to balance innovation with privacy will become increasingly important. My Personal Experience As an avid Pokémon Go player since its launch, I’ve been fascinated by how the game has evolved. I’ve seen firsthand how Niantic has used player feedback and data to improve the game and introduce new features. While I’m excited about the potential of AR and the role that Pokémon Go is playing in its development, I also believe it’s crucial for companies like Niantic to be transparent about how they use player data and to prioritize user privacy. Looking Ahead The convergence of gaming, AI, and augmented reality is creating exciting possibilities. Pokémon Go is more than just a game; it’s a glimpse into the future of how we interact with the digital world. As Niantic continues to refine its mapping technology, we can expect to see even more innovative and immersive AR experiences in the years to come. However, it’s crucial to have an open dialogue about the ethical and privacy implications of this technology to ensure that it benefits society as a whole.KASHIMA, Japan — The signs at Nippon Steel read: "The world through steel," underlining why Japan's top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel. "We can't expect demand in Japan to grow as the population is declining. We need to invest in production that leads to growth," a company official, Masato Suzuki, said Friday while giving reporters a look at a Nippon Steel plant in Ibaraki prefecture, north of Tokyo. Nippon Steel Corp. has its eyes on India, Southeast Asia and the U.S., Suzuki said. About 70% of the plant's output is exported. The Tokyo-based company remains optimistic, although the deal is opposed by President-elect Donald Trump, President Joe Biden and American steelworkers. During the tour, slabs of steel, glowing hot-orange at more than 1,000 degrees Celsius (1,800 Fahrenheit), rolled through the cavernous plant to become giant spools of super-thin steel. Nippon Steel officials didn't disclose details of the fine technology they said the planned acquisition would offer U.S. Steel. Under the proposed deal, first announced in 2023, U.S. Steel would keep its name and its headquarters in Pittsburgh, Pennsylvania, becoming a subsidiary of Nippon Steel. Nippon Steel already has manufacturing operations in the U.S. and Mexico, China and Southeast Asia. It supplies the world's top automakers, including Toyota Motor Corp., and makes steel for railways, pipes, appliances and skyscrapers. The American steel industry has waned as Chinese steelmakers have grown to dominate the market. Japan wants to leverage the decades-old U.S.-Japan security and political alliance to seal the acquisition, but the outlook is uncertain. In September, an arbitration board jointly chosen by U.S. Steel and United Steelworkers decided the proposed acquisition could proceed. But United Steelworkers union, which has 1.2 million members, have objected, citing worries about job losses and contract terms. The union has questioned Nippon Steel's plans to transfer production locations and concerns about national security and domestic supply chains. When asked for comment, it referred to a recent letter to its members. "As a union, our primary concern is the future of our jobs and the communities we live and work in — not just this year, but also for the foreseeable future. We've seen job losses in the past, and we must do everything we can to avoid it in the future," said the letter, co-signed by Mike Millsap, chairman of the negotiating committee, and its international president, David McCall. "While Japan is a political ally, it is also an economic competitor, one that has proven time and again that it is willing to promote its steel industry at our expense," the union said. Nippon Steel is promising to "preserve the legacy" of U.S. Steel and protect jobs, pensions and benefits, pledging that there will be no layoffs or plant closures. The deal is expected to produce an economic boost for the region equivalent to nearly $1 billion in the first two years, create up to 5,000 construction jobs and generate almost $40 million in state and local taxes, according to Nippon Steel. William W. Grimes, professor of international relations and political science at Boston University, said Nippon Steel's commitment to keeping the U.S. Steel factories running would help preserve U.S.-based production of specialty steels. Nippon Steel also has also promised investments to make the factories more competitive. There is no militarily sensitive technology Nippon Steel would be able to take from the U.S., and the U.S. relies on steel produced in allied countries, including Japan, Grimes said. "If Japanese companies do draw a lesson, it should be to engage unions and local politicians early in the process," he said.
WEST CHESTER, PA — Pennsylvania State Representative Chris Pielli , D-Chester, has been selected to serve as the next Legislative Fellow at West Chester University , an honor marking his commitment to fostering educational and civic engagement. His appointment continues the university’s long-standing Legislative Fellow Program, an initiative designed to bridge the gap between lawmakers and the academic community. The Legislative Fellow Program was introduced in 2001 at West Chester University and other institutions in the Pennsylvania State System of Higher Education. Its mission is to strengthen communication and collaboration between legislators and university stakeholders, including students, faculty, and staff. Through this partnership, students gain firsthand insights into governance and policymaking by engaging with state legislators on academic and extracurricular initiatives. Pielli expressed both pride and anticipation for the role. “I am excited for this new opportunity,” he said. “West Chester University houses some of the best and brightest students in all of Pennsylvania. I consider this a great honor to be chosen as the next legislative fellow. Describing the storied history of the legislature is no easy task, but I look forward to tackling this challenge together with the students of Dr. John Kennedy’s class.” Pielli will officially begin his fellowship during the Spring 2025 semester, collaborating with faculty and students in Dr. John Kennedy’s PSC 335 – Pennsylvania Government and Politics class. This unique program allows students to directly interact with their elected representatives, offering a behind-the-scenes look at the legislative process while encouraging civic involvement and a deeper understanding of state governance. The appointment follows the term of State Representative Danielle Friel Otten, D-Chester, who held the position for the 2022-2024 academic cycles. Her tenure provided students with valuable opportunities to work on legislative initiatives, gaining insights into the complexities of policymaking at the state level. Pielli is expected to continue this legacy by bringing his own experiences and perspectives to the educational collaboration. West Chester University’s Legislative Fellow Program stands as an example of the institution’s efforts to foster meaningful connections between public servants and the next generation of civic leaders. Pielli’s involvement promises to build on the program’s vision, equipping students with practical knowledge and encouraging active participation in Pennsylvania’s political landscape. For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN .With technical prowess and considerable style, Marta danced around two sliding defenders, outwitted a goalkeeper and calmly scored as another player rushed forward in desperation to stop her. It was more Marta Magic. That goal last weekend helped propel the Orlando Pride into Saturday's National Women's Soccer League championship game against the Washington Spirit. Barbra Banda also scored in the Pride's 3-2 semifinal victory over the Kansas City Current . While Banda has had an incredible first season with the Pride, captain Marta has been the talisman that has helped lead the team in its remarkable turnaround this year. The last time the Pride were in the NWSL playoffs was in 2017 — Marta's first year with the club. But this season they nearly went undefeated, going 23 games without a loss to start the season before losing 2-0 to the Portland Thorns with just two regular-season games left. “I think because of the way that we did it, during this season, from beginning to now, it’s something very special that I’ve never had before with any other club that I’ve played for," Marta said. "Plus year by year, we see in America, strong competition. This is the best league in the world. And you never know what’s going to happen, and it’s hard to keep winning the games, being in the first place almost like the whole season. That’s why it’s really different and so special.” Marta’s goal was the latest gasp-inducing moment in a stellar career filled with them. Known by just her first name, the 38-year-old is a six-time FIFA world player of the year. "Let's see if tomorrow I can do something similar — or even better," Marta said on Friday. Her teammate Kylie Strom chimed in: “That was the greatest goal I've ever witnessed, hands down." Appropriate. Earlier this year, FIFA announced that the best goal in women's soccer each year would earn the Marta Award. In a lighthearted moment the day before the title match, Marta was asked if she thought it was possible she might give the award to herself. “You guys need to decide, because who votes for the best goal in the year? It’s you. It’s the people in the public. So it should be really interesting, like Marta’s Award goes to Marta!” she said with a laugh. Marta has played in six World Cups for Brazil and played this summer in her sixth Olympics, winning a silver medal after falling in the final to the United States . She previously said this would be her final year with the national team. But since then Brazil was named the host of the 2027 Women's World Cup. "I had a conversation with my coach, the national team coach, and I was really clear about playing in 2027. I told him it’s not my goal anymore,” she said. “But I’m always available to help the national team. And if they think I still can do something during this preparation for the World Cup, yeah, I would be happy to help them." Marta's club career started in Brazil when she was just 16. She has also played in Sweden and in the U.S. professional women's leagues that came before the NWSL. With nine regular-season goals, Marta has had one of her best seasons since she joined the Pride. “I can never pick a side, I never pick favorites — but I love to see this for Marta," U.S. coach Emma Hayes said. “Marta is someone we all like, admire and are grateful for. And that goal was just like prime Marta at her best. And so grateful for and thankful for her that she got the opportunity with another game with her team.” The Pride went 18-2-6 this season, clinching the NWSL Shield for the first trophy in club history. Orlando also set a record with 60 regular-season points to finish atop the standings. “We are sitting top of the table, but I think there still are a lot of doubters. I think there’s people out there who say, maybe this was a one-off season,” Strom said. “But we’re here to prove them all wrong. So I think we do carry a bit of that underdog mentality still with us.” The second-seeded Spirit advanced to the title match at Kansas City's CPKC Stadium last weekend on a penalty shootout after a 1-1 draw against defending champions Gotham FC. The Spirit's roster includes Trinity Rodman, a standout forward who formed the so-called “Triple Espresso” trio with Mallory Swanson and Sophia Smith for the United States at the Olympics. ___ AP soccer: https://apnews.com/hub/soccer Anne M. Peterson, The Associated PressAnd he wanted one of them to start showing his all-conference form again. The Great Danes took advantage of an opportunity to check both of those boxes with a 93-50 win over the University of Puerto Rico-Mayaguez at the in the Puerto Rico Clasico tournament in San Juan. Killings played 14 players, only one of whom was out there for more than 20 minutes, and that was redshirt junior Amar’e Marshall, who scored 17 points on 6-for-9 from the field and 3 for 5 from 3-point range in 21 minutes. Marshall missed most of the preseason prep work with a thumb injury on his shooting hand, but Friday’s game showed he’s on the road back to where he was before the injury. “One of the priorities was to get Amar’e going,” Killings said via Zoom. “I don’t think he’s been as impactful as we want him to be and he wants to be. “But he’s probably practiced five times in six weeks. I think his instincts are coming back, his confidence is coming back, and we want to ride that wave through the next two games. If we’re going to win games, we need Amar’e Marshall to play really well.” UAlbany will play two more games in Puerto Rico, against Kansas City on Saturday and American on Sunday. Marshall showed some flashes of his old self in a 70-60 win over Siena in the Albany Cup at Broadview Center last Saturday, but Friday’s performance was more complete. Besides his scoring, he had five assists, three rebounds and two steals. “I was just trying to get into the groove of things, get that feeling of running up and down the court and tightening up my game,” Marshall said. “I feel like last time I hit the court, I was just playing sloppy.” “I think he’s an all-league player, and if he pushes himself, he’s Player of the Year in the league, so if we’re going to set the bar that high, I’ve got to be a little harder on what he’s doing out there,” Killings said. “This is a good step in the right direction.” The Great Danes (4-1) put the game away early, taking a 39-16 lead with over five minutes left in the first half. Marshall scored 10 points during that stretch. Byron Joshua had had 13 points and five assists for UAlbany, Aaron Reddish scored 12 and DeMarr Langford, Jr., scored 11. “Justin [Neely] had two great games. To see him come back and play that good, it shows how much firepower we’ve got,” Marshall said. “Everybody can have their night. It could be a different guy every day. I really enjoy playing for this team and feel like there’s multiple guys that can do it for us.” Wilkin Paulino, a 6-foot-3 combo guard out of Worcester, Massachusetts, has committed to join the Great Danes in 2025-26. "The New England native brings a level of toughness, competitiveness, and hunger that will help him find success early and have a positive impact as a freshman,” Killings said in a release this week. “We are excited about his recent growth as a player and believe his best basketball days are ahead of him.” Paulino plays AAU for The House We Built of the Hoop Group Elite AAU Circuit and currently attends Proctor Academy in Andover, New Hampshire, for which he was named team captain for the 2023-2024 and 2024-2025 seasons. He is ranked the 11th-best player in New Hampshire according to the New England Recruiting Report. Heading into the season, Paulino is averaging 14.8 points, 6.7 rebounds and 2.1 assists per game. “The reason why I chose UAlbany is because of the coaching staff, and how they took really good care of me and my mother when we visited," Paulino said in the release. "I saw how everyone in the coaching staff took time out of their day to start a bond with me, it felt like home. They also have a plan for me and I 100% trust them. I'm super excited to get to work on and off the court.”
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 674 Shares of Belden Inc. (NYSE:BDC)
This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated October 4, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec , Dec. 09, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) (“Bitfarms” or the “Company”), a global vertically integrated Bitcoin data center company, today announced that, in connection with the Securities and Exchange Commission’s (“SEC”) review of its annual report for the fiscal year ended December 31, 2023 (the “SEC Review”), and in consultation with its Audit Committee of the Board of Directors and management, the Company has determined that its previously issued consolidated financial statements for the fiscal years ended December 31, 2023 and 2022 and the related management’s discussion and analysis for the year ended December 31, 2023, as well as the unaudited interim condensed consolidated financial statements for the three and nine months ended September 30, 2024 and 2023 (such interim periods together with the fiscal years ended December 31, 2023 and 2022, the “Restatement Periods”) and the related management’s discussion and analysis for the three and nine months ended September 30, 2024, should be restated to correct a material error in the classification of proceeds derived from the sale of digital assets. Shareholders and users of Bitfarms’ financial statements should note that the restatements are not a result of any change to its operations, business or financial operating performance for the periods being restated. For any and all of the Restatement Periods, there is no impact on the Company’s overall cash position or net cash flows. Bitfarms previously categorized proceeds derived from the sale of digital assets as a cash flow from operating activities. In conjunction with the SEC review, it was determined that proceeds from the sale of digital assets should be classified as cash flow from investing activities. Due to the materiality of the error in classification, the Company is restating the financial statements for the Restatement Periods. In addition to the correction to the consolidated statements of cash flows, the Company is also restating its financials to adjust for an error in the accounting for the redemption of warrants in 2023. A summary of the restatements is described in further detail in the tables set forth below (expressed in thousands of U.S. dollars). More details may be found in the revised financial statements and related revised management’s discussion and analyses, which are available on the Company’s profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar. Adjustments to consolidated statements of cash flows for the year ended December 31, 2022* - Restatement Adjustments to consolidated statements of cash flows for the year ended December 31, 2023* - Restatement Adjustments to consolidated statements of financial position as of December 31, 2023* - Restatement Adjustments to consolidated statements of profit or loss and comprehensive profit or loss for the year ended December 31, 2023* - Restatement Adjustments to interim consolidated statements of cash flows for the nine months ended September 30, 2023 and 2024* - Restatement Adjustments to consolidated statements of financial position as of September 30, 2024* - Restatement *U.S. $ in thousands The Company’s management has previously concluded that the Company had a material weakness in its internal control over financial reporting during the Restatement Periods. Management is in the process of implementing remediation measures to address the material weakness in respect of the errors described above. About Bitfarms Ltd. Founded in 2017, Bitfarms is a global Bitcoin data center company that contributes its computational power to one or more mining pools from which it receives payment in Bitcoin. Bitfarms develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers best-in-class operational performance and uptime. Bitfarms currently has 12 operating Bitcoin data centers and two under development, and two under Hosting agreements, situated in four countries: Canada, the United States, Paraguay, and Argentina. Powered predominantly by environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable and often underutilized energy infrastructure. To learn more about Bitfarms’ events, developments, and online communities: www.bitfarms.com https://www.facebook.com/bitfarms/ https://twitter.com/Bitfarms_io https://www.instagram.com/bitfarms/ https://www.linkedin.com/company/bitfarms/ Forward-Looking Statements This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. The statements and information in this release regarding the impact of the Restatement, the filing of the Restated Financials and Restated MD&A, the Company’s plans to remediate the material weakness in its internal control over financial reporting and other statements regarding future growth, plans and objectives of the Company are forward-looking information. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “prospects”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. This forward-looking information is based on assumptions and estimates of management of Bitfarms at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Bitfarms to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors, risks and uncertainties include, among others: the pending SEC Review; the potential that additional restatements of the financial statements will be required; the potential that the Company identifies additional material weaknesses in its control over financial reporting; the ability of the Company to remediate known material weaknesses; the acquisition, construction and operation of new facilities may not occur as currently planned, or at all; expansion of existing facilities may not materialize as currently anticipated, or at all; new miners may not perform up to expectations; revenue may not increase as currently anticipated, or at all; the ongoing ability to successfully mine Bitcoin is not assured; failure of the equipment upgrades to be installed and operated as planned; the availability of additional power may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the power purchase agreements and economics thereof may not be as advantageous as expected; For further information concerning these and other risks and uncertainties, refer to Bitfarms’ filings on www.sedarplus.ca (which are also available on the website of the U.S. Securities and Exchange Commission (the “SEC") at www.sec.gov), including the restated MD&A for the year-ended December 31, 2023, filed on December 9, 2024 and the restated MD&A for the three and nine months ended September 30, 2024 filed on December 9, 2024. Although Bitfarms has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended, including factors that are currently unknown to or deemed immaterial by Bitfarms. There can be no assurance that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information. Bitfarms undertakes no obligation to revise or update any forward-looking information other than as required by law. Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange, Nasdaq, nor any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release. Investor Relations Contacts: Bitfarms Tracy Krumme SVP, Head of IR & Corp. Comms. +1 786-671-5638 tkrumme@bitfarms.com Media Contacts: Québec: Tact Louis-Martin Leclerc +1 418-693-2425 lmleclerc@tactconseil.caThe Philadelphia Eagles dominated against the Dallas Cowboys , and in the midst of one of many touchdown celebrations, wide receiver A.J. Brown made a critical mistake. Eagles third-string quarterback Tanner McKee , a 2023 sixth-round pick out of Stanford, subbed into the game for an injured Kenny Pickett (ribs), and his first full drive ended with McKee throwing his first NFL regular season touchdown pass to the Eagles No. 1 receiver on a 20-yard scoring strike. Brown got a step on Cowboys All-Pro corner DaRon Bland , and McKee threw a perfectly placed pass over Brown's outside shoulder for the touchdown. That increased the Eagles' lead to 34-7 over the Cowboys with 2:44 left in the third quarter. GO BACK TO AJ BROWN. Great throw by Tanner McKee. 📺: #DALvsPHI on FOX 📱: https://t.co/waVpO909ge pic.twitter.com/ZeW6Syi6nF However, Brown launched the football into the Lincoln Financial Field stands even though the touchdown was the first of McKee's career. He realized his error, which is why he told Eagles head of security Dom DiSandro he would trade a signed jersey to the fan that returned McKee's first touchdown football for his quarterback. AJ Brown launched Tanner McKee's first TD ball into the stands. Big Dom had to go get it 😂 pic.twitter.com/wbCh01iI7p The fan did cooperate and tossed DiSandro the football back. Brown came back to the fan postgame to fulfill his promise of a signed jersey. Promise kept. A.J. Brown hooks up #Eagles fan Patrick with a signed game-worn Jersey for returning Tanner McKee’s first TD ball. pic.twitter.com/NuXbyn8b2j All parties involved left the game happy and with souvenirs.
Tapestry rises on $2B share buyback, extending failed merger rallyChina’s firms are taking flight, worrying its rulers
Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. In a brief news release with few details, Chinese regulators appear to be focusing on Nvidia’s $6.9 billion acquisition of network and data transmission company Mellanox in 2019. Nvidia shares about 3% Monday. They are still up 179% so far this year. Considered a bellwether for artificial intelligence demand, Nvidia has led the AI sector to become one of the stock market’s biggest companies, as tech giants spend heavily on the company’s chips and data centers needed to train and operate their AI systems. Nvidia’s shares have surged this year along with the California company’s revenue and profit due to AI demand. According to data firm FactSet, about 16% of Nvidia’s revenue comes from China, second only to its U.S.-generated revenue. A spokesperson for the company based in Santa Clara, California, said in an emailed statement that Nvidia is “happy to answer any questions regulators may have about our business.” In its most recent earnings release, Nvidia posted revenue of $35.08 billion, up 94% from $18.12 billion a year ago. Nvidia earned $19.31 billion in the quarter, more than double the $9.24 billion it posted in last year’s third quarter. The earnings release did not break out revenue from China. The company’s market value rocketed to $3.5 trillion recently, passing Microsoft and briefly overtaking Apple as the world’s most valuable company. China’s antitrust investigation follows a report this summer by technology news site The Information that the U.S. Justice Department was investigating complaints from rivals that Nvidia was abusing its market dominance in the chip sector. The allegations reported include Nvidia threatening to punish those who buy products from both itself and its competitors at the same time. David Bieri, an international finance expert at Virginia Tech, said that China’s investigation is “not about what Nvidia is doing in China, per se” but rather a signal to the incoming Trump administration. China, Bieri said, is looking to set the tone of future relations. The Chinese government, he said, is telling the U.S. “don’t mess with us, because all of your darling corporations that your version of capitalism needs to prosper have entanglements” with China. Nvidia will have to revise its strategy in China or come up with provisions in their budgets for the type of uncertainty business with China will bring, Bieri said. “I don’t think this is something that they can shake off,” he said. “I also have a tremendous amount of faith in the brilliance of the management strategy of a corporation like Nvidia to not only pay attention to credit risk, market risk and operational risk, but also to political risk.” Nvidia’s invention of graphics processor chips, or GPUs, in 1999 helped spark the growth of the PC gaming market and redefined computer graphics. Last month, it replaced Intel on the Dow Jones Industrial Average, ending the pioneering semiconductor company’s 25-year run on the index. Unlike Intel, Nvidia designs but doesn’t manufacture its own chips, relying heavily on Taiwan Semiconductor Manufacturing Co., an Intel rival. ___ Associated Press Technology Writer Sarah Parvini in Los Angeles contributed to this report. Southern California's notorious Santa Ana winds were predicted to return Shares of Nvidia fell Monday after China said it is The nominations for the Golden Globe Awards are a starry He’s one of the most famous corporate leaders in the"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 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Oregon hasn't lost yet in the 2024 season, so it's no surprise that they are the betting favorites to win the expanded College Football Playoff. The Ducks (+320) are the favorites to run the field, per DraftKings Sportsbook , following by Georgia (+380), Texas (+400), Ohio State (+450) and Penn State. Boise State (+5000) comes in with the longest odds among the field. For all the latest betting information and reaction, check out B/R Betting . If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL).Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO), 1-800-BETS OFF (IA), or call or text the TN REDLINE: 800-889-9789 (TN).21+. NJ/PA/WV/IN/IA/CO/IL/TN only. In partnership with Meadows Racetrack & Casino. Eligibility restrictions apply. See draftkings.com/sportsbook for details. This article will be updated to provide more information on this story as it becomes available. Get the best sports content from the web and social in the B/R app . Get the app and get the game.December 23, 2024 This article has been reviewed according to Science X's editorial process and policies . Editors have highlightedthe following attributes while ensuring the content's credibility: fact-checked peer-reviewed publication trusted source proofread by Tokyo Metropolitan University Researchers from Tokyo Metropolitan University have discovered that around 15 days of dry weather can trigger the flowering of durian. Observations of 110 durian plants revealed that flowering occurred around 50 days after an approximately 15-day dry spell, independent of whether the plant was grafted or grown from a seed. The team's work, which is published in the International Journal of Biometeorology , might not only impact the production of a valuable agricultural asset but deepen our understanding of tropical ecosystems. Known in many countries as the "king of fruits," the durian is known for its distinctive strong odor, large size, and thorny rind. Though its odor splits opinions, its widespread culinary use in Asia makes it an exceptionally valuable crop, accounting for the largest share of fruit in Malaysia by production, area planted, and quantity produced. Yet, there is much that is unknown about its cultivation, including how its flowering is triggered. To uncover the secrets of durian flowering, a team of researchers led by Professor Shinya Numata and Aoi Eguchi from Tokyo Metropolitan University undertook an extensive survey of durian, observing 110 plants in the orchard of the University of Technology Malaysia with local collaborators. Their study covered both seed-grown and grafted plants, focusing on the timing at which individual plants flowered, measured against an extensive survey of weather conditions. The team found that durian plants flowered approximately 50 days after a prolonged period of dry weather. These dry spells needed to be long enough to show up in moving average traces, specifically periods where rainfall averaged over 15-day windows was less than 1 millimeter. Previous work had hinted at some correlation between either dryness or low temperature. This is the first time that the exact conditions had been pinned down with such accuracy, though they found no correlation with maximum or minimum temperature. Their work was found to apply to durian plants irrespective of their varieties, as flowering seemed to occur at the same time for both. The same was also found for both seed-grown and grafted plant types. Flowering events of both grafted and seed-grown durian. Both types of durian flowered at the same time. (a) shows survey dates, (b) and (c) the flowering events. (d) and (e) show daily rainfall and minimum temperature respectively. Credit: Tokyo Metropolitan University Flowering events follow prolonged droughts. The appearance of durian flowers peaked around 50 days after an extended dry spell. Credit: Tokyo Metropolitan University The team had proposed that there was some relationship between the flowering of durian and the more general burst of flowering seen in the tropics following long dry spells. However, such general flowering events require a longer dry spell of around 30 days to occur. This explains why durian tend to flower multiple times a year, while synchronized flowering across species occurs once every few years. Given its commercial value, insights like these will inform effective agricultural practices to predict flowering and manage harvests. The team hope that their findings will also deepen our understanding of the southeast Asian tropical ecosystem. More information: Aoi Eguchi et al, Dry spells trigger durian flowering in aseasonal tropics, International Journal of Biometeorology (2024). DOI: 10.1007/s00484-024-02819-x Journal information: International Journal of Biometeorology Provided by Tokyo Metropolitan University