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Under the urban development initiative in Varanasi, approximately 10,000 shops, predominantly owned by Muslims are slated for demolition near the Kashi Vishwanath Temple. The project aims to improve the road network density and enhance access to the ancient temple site. The demolition is a part of the Kashi Vishwanath Corridor Project, which is a massive urban infrastructure development project aimed at making the route between the temple and the Ganga Ghats relatively seamless for the pilgrims. The project is proposed in the Dalmandi area where a majority of the population is the Muslim community. The large-scale demolition is likely to involve hefty losses for the residents and shop owners, especially the Muslims, according to reports of Dainik Bhaskar . Previous attempts at constructing the corridor project have faced opposition concerning compensation, rehabilitation, and the long-term social implications. The local administration has counter-argued by explaining that the demolition is necessary to enhance connectivity and urban planning for one of Hindu’s holiest regions. The scale of the demolition is massive, approximately thousands of shops will be demolished for the broadening of the roads and to facilitate easier access to the Kashi Vishwanath Temple. This ‘urban renewal’ plan is a large-scale endeavour aimed at modernizing religious sites and also altering the socio-economic fabric of the neighbourhood.
Goldman Sachs Group Inc. stock underperforms Wednesday when compared to competitorsGranite Ridge director Miller buys $134,158 in stock
CONWAY, S.C. (AP) — Jestin Porter had 26 points in Middle Tennessee's 95-88 win over South Florida on Friday. Porter shot 9 for 12 (4 for 6 from 3-point range) and 4 of 4 from the free-throw line for the Blue Raiders (5-1). Essam Mostafa scored 20 points and added 10 rebounds. Kamari Lands shot 6 for 12, including 4 for 8 from beyond the arc to finish with 17 points. The Bulls (3-3) were led in scoring by Jayden Reid, who finished with 18 points, four assists and three steals. Jamille Reynolds added 17 points and nine rebounds for South Florida. Kasen Jennings finished with 13 points. Middle Tennessee led 51-33 at halftime, with Porter racking up 14 points. Mostafa led the way with a team-high 14 second-half points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .The Indian startup ecosystem saw a remarkable rebound this week, with funding rising 226 per cent to around $596 million. In comparison, the previous week saw 24 Indian startups secure approximately $182.62 million, driven by three growth-stage deals and 19 early-stage deals. From November 18-23, 23 startups raised $596 million, including six growth-stage deals and 15 early-stage deals. A notable highlight was the quick-commerce platform Zepto, which raised $350 million in a funding round led by Motilal Oswal’s private wealth division. With this investment, Zepto has attracted more than $1.3 billion in funding over the past five months, reflecting the rapid growth of the quick-commerce sector in India. Omnichannel nutrition platform HealthKart raised $153 million in a funding round led by ChrysCapital and Motilal Oswal Alternates. Neo Group and HealthKart’s existing investor, A91 Partners, also participated in the round. In addition to this significant funding, HealthKart announced its first-ever employee ESOP (Employee Stock Option Plan) buyback, valued at Rs 55 crore (approximately $6.5 million). Zopper, India’s leading insurtech platform, secured $25 million in a Series D funding round, co-led by Elevation Capital and Dharana Capital. Existing investor Blume Ventures also participated, alongside other backers such as Creaegis, Bessemer Venture Partners, and ICICI Venture, further bolstering Zopper’s position in the market. Doodhvale Farms, an innovator in the premium dairy sector, successfully closed a $3 million funding round. This round was led by Atomic Capital, with Singularity Early Opportunities Fund joining as a significant co-investor, reflecting the growing interest in India’s dairy innovation space. Among the various regions, Bengaluru-based startups led the way with 10 deals, followed by Delhi-NCR, Mumbai, Chennai, Pune, and Hyderabad, showcasing the diverse startup ecosystem nationwide. Over the past eight weeks, the average weekly funding raised at around $266.77 million, with approximately 25 deals each week. By October 2024, Indian startups had already raised nearly $10 billion in funding, positioning them to exceed last year's total funding of $10.5 billion. Also Read : India’s GDP Growth Likely To Fall to 6.5 Per Cent In September Quarter, Says ICRAL ate in the summer of 1962, a long plume of fire arced over the beach at Sonmiani, watched by gaggles of tourists from nearby Karachi. The country became, one newspaper account was to claim, the “first in the Islamic world, third in South Asia and 10th in the entire world to launch a vessel into outer space.” The reality was somewhat less impressive. The sounding rocket was entirely American-made and launched as part of NASA’s Apollo lunar programme. Two hundred rocket launches would take place over the next decade, probing the winds and temperature of the upper atmosphere. Three decades after that launch, Central Intelligence Agency analysis observed that Pakistani scientists who had studied at NASA’s Wallops Island and the Goddard space flight centres had begun to turn those sounding rockets into short-range missiles. Flight-tested eight times since the beginning of 1989, the Hatf-1 and Hatf-2 missiles lacked a guidance system, were highly inaccurate, and could not carry Pakistan’s nuclear bombs, the CIA recorded . Islamabad, though, was attempting to obtain Soviet Union-made missiles from North Korea, and had sought European technology as well. Last week, the United States announced sanctions on Pakistan’s missile production and development agency, the National Development Complex—a decision that comes on the back of multiple rounds of similar action against Chinese and Pakistani companies involved in supplying the organisation. The sanctions are driven by fears that an economically-crippled Pakistan could become a proliferator of ballistic missiles, just as it once sold nuclear-bomb technology to North Korea, Iran, Iraq and Libya. The sanctions story isn’t new, though. Sanctions had first been imposed on the NDC in 1998 by President Bill Clinton because of the same missile proliferation risks. Those sanctions were waived after 9/11, though, to enable American counter-terrorism cooperation with Pakistan—cooperation that never fully materialised. America’s decision comes decades too late to end the dangers posed by Pakistan’s missiles. The story illustrates the lethal consequences the Cold War could yet have for the world. “First Muslim Nobel Prize winner,” read the gravestone of the man the world honoured for his role in predicting the existence of the Higgs boson. Late in 2013, a magistrate in the town of Rabwah ordered the scrubbing out of the reference to Abdus Salam’s religion. The Ahmadiyya sect he belonged to had been declared non-Muslim by Pakistan in 1974, by Prime Minister Zulfikar Ali Bhutto’s government. Abdus Salam was excised from textbooks and Pakistan’s memory. The year before Pakistan’s first rocket launch, Salam had travelled to the United States together with then-military ruler Field Marshall Ayub Khan. As Ayub Khan’s scientific advisor, Salam worked to build the foundations of modern science in Pakistan. In the course of that 1961 visit, he seized on NASA’s open offer to establish rocket ranges in all countries on the littoral Indian Ocean. Following the 1962 launch of Rehbar-1, the Pakistan Atomic Energy Commission’s Space Sciences Wing deepened its rocket cooperation with the West. France transferred technology to manufacture sounding rockets, while German firms supplied the ammonium perchlorate needed to make solid rocket fuel. Great Britain helped with rocket launches. The year after the first rocket launch, Pakistan began operating a small reactor with applications in medicine, industry, and agriculture. The research reactor was the first in a long series of developments that would blossom into a nuclear weapons programme in 1973, following the war that led to the independence of Bangladesh. The United States was aware of this programme early, according to declassified CIA documents. The CIA predicted that Islamabad could have a bomb “as early as the first part of the 1980s.” The United Kingdom, for its part, believed Pakistan could have a nuclear weapon by 1981. In 1978, the British diplomat Michael Pakenham handed over a dossier to the State Department, recording Pakistan’s purchase of inverters used in plants to enrich uranium. Early in 1979, the American ambassador in Islamabad, Arthur Hummel, confronted military ruler General Muhammad Zia-ul-Haq with the evidence scholar William Burr has recorded in an authoritative study . The State Department had long resisted this course of action, fearing it would jeopardise the relationship with a long-standing ally against the Soviet Union. That was increasingly offset, though, by the realisation that a Pakistani bomb could pose “a direct threat to US national interests in the Middle East and Persian Gulf.” Finally, in March 1979, the United States imposed a law cutting military and economic aid to countries that acquired nuclear enrichment technology. Less than six months later, though, the Soviet Union invaded Afghanistan. Zbigniew Brzezinski, President Jimmy Carter’s National Security Advisor, now argued that “our security policy towards Pakistan cannot be dictated by our non-proliferation policy.” F16 combat jets—which for years would be Pakistan’s primary means to deliver its nuclear bombs—soon made their way to General Zia, along with other state-of-the-art military equipment, enabled by a special exclusion carved out from the non-proliferation law. Financial aid was injected into Pakistan to stabilise its currency. America had decided to ignore the bomb. Also read: Reciprocity will define Trump 2.0 – trade ties with India will be purely transactional Late in 1984, a man with a thick accent walked into the Texas offices of the defence contractor EG&G and offered to pay in gold for 50 Krytrons, tiny light-bulb-like devices that can be used as the high-speed switches needed to trigger nuclear explosions. Electronics had been seized at Montreal’s Dorval airport in 1980. Firms in Switzerland, Germany, and France vied with each other to sell technology to Pakistan. And when the United States pressurised them to stop, Pakistan simply turned to China. Even though President Ronald Reagan would hand over $3.2 billion in aid to Pakistan, the country’s nuclear programme continued to dramatically accelerate. A bomb wasn’t much use, though, without a means to deliver it—and while the F16 was a superb platform, Pakistan’s Generals wanted something more effective and reliable. Two separate missile development programmes are believed to have been launched. The first, centred around a solid-fuel rocket, was operated with assistance from China at the Pakistan Atomic Energy Commission under scientist Samar Mubarakmand. The second, helped by liquid-fuel technology from North Korea, was run at Abdul Qadeer Khan’s Khan Research Laboratories, or KRL. In 1988, China agreed to sell M-11 missiles , launchers, and support equipment to Pakistan. The next year, Pakistan’s Space and Upper Atmosphere Research Commission (SUPARCO) tested the first Hatf design, based on the French-sounding rockets it had tested. SUPARCO, established in 1981 by General Zia to take over the rocket programme, was later detected to be receiving multiple transfers of missile-related equipment and technology. And in 1993, Prime Minister Benazir Bhutto is alleged to have travelled to Pyongyang to swap nuclear bomb designs and know-how for Nodong missiles. KRL test-fired the liquid-fuelled Ghauri in 1998, based on the Nodong, which brought New Delhi within range of Pakistan’s nuclear weapons. A year later, KRL launched the Ghauri-2, which was capable of hitting most of India. Exactly one day later, PAEC successfully tested the Shaheen-1, introducing solid-fuelled intermediate-range capabilities to the Pakistani arsenal. Even though President George Bush had reimposed nuclear weapons sanctions in 1990, it did little to retard Pakistan’s missile and bomb programmes. Little impact was made, either, by Clinton’s sanctions. Following 9/11 and the lifting of those sanctions, the NDC produced improved versions of missiles developed by SUPARCO, notably the Hatf-2, also known as the Abdali, and its successors, the Ghaznavi, Shaheen-1 and Shaheen-2. The NDC also developed Pakistan’s first cruise missile, the Babur, which surprised many experts with its technological capabilities. Also read: Yoon’s failed coup shows the rise of democracy in South Korea is reversible Equipped with a growing nuclear arsenal powered by a stockpile of plutonium from four reactors, as well as an expanding infrastructure for uranium enrichment, Islamabad is developing increasingly sophisticated means to deliver its bombs. The Babur-2 will be capable of delivering nuclear bombs at ranges of over 700 kilometres, hugging the terrain to evade air defences. The air-launched Ra’ad is armed with conventional warheads but heralds the acquisition of even more sophisticated capabilities. Longer-range missiles are under development, too. There’s little direct threat to the United States from these missile systems: The country, after all, has built missile defences to protect against far more sophisticated adversaries, including China and Russia. Like in the 1970s, though, the real danger is that Pakistan could end up supplying nuclear weapons technologies to states in the Middle East and elsewhere, destabilising the global order. From the outset of its nuclear programme, Pakistan leveraged its strategic position to extract concessions. As late as 2009, leaked diplomatic cables show, Pakistan was able to use its 9/11 role to flatly reject American requests to return highly-enriched uranium from an ageing research reactor. The cables also show that now-President Joe Biden became increasingly frustrated with Pakistan’s support of the jihadists his country was battling in Afghanistan—but failed to mount enough pressure to force Islamabad to change course. America’s Cold War fixations let the nuclear genie out of the bottle in Pakistan. It’s probably too late to shove it back in. Praveen Swami is contributing editor at ThePrint. He tweets @praveenswami. Views are personal. 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Apple’s AI Stumbles: Intelligence Feature Under Fire for Generating False Headlines
Israel-Hezbollah ceasefire quiets one front but Gaza sees no end to warStaff reporter John Lee Ka-chiu hopes for closer collaboration among the government and the innovative industry, academia, research and investment sectors, to build a comprehensive IT ecosystem in the city. Alongside a 1,800-square-meter AI educational base to be opened at Cyberport next year, the city's tech hub will also see an Artificial Intelligence supercomputing center to be gradually put into service from year-end. Lee said on social media that he had visited the new AI supercomputing center and an AI laboratory at Cyberport together with Secretary for Innovation, Technology and Industry Sun Dong on Friday. The center's first phase, set for completion by year-end, will provide computing power of around 300 petaflops - quadrillion floating-point operations per second - which will increase to around 3,000 petaflops next year and will be able to finish handling 10 billion pictures within an hour. "This will provide strong support for the pressing need for computing power in Hong Kong [innovative] industry and will drive scientific research breakthroughs," Lee said. "Meanwhile, the Cyberport AI Lab showcased a range of AI solutions, services and products for enterprises to test and experience and to promote related research and development and collaboration." Additionally, phase two of the center is set to be completed between next year and 2026. Lee emphasized the importance of industry efforts in promoting the development of innovative industry. "I am happy to see that enterprises are setting up an AI educational base in Hong Kong to offer professional and technical training to local university students," he said. "The educational base will offer courses covering AI foundation theories, applications, talks hosted by top [AI] professionals and academics, as well as field trips to the mainland. These can allow more young people to get to know about AI, cultivate their interests, and in turn train up professional talents." Meanwhile, Lee cited the International Institute for Management Development's latest World Digital Competitiveness Ranking, which showed Hong Kong's ranking moved up three places to seventh globally. He said it shows Hong Kong remains one of the most digitally competitive economies in the world. "AI has been an important driver of a new round of industrial transformation and in digital economy development. Hong Kong must seize the opportunity to further enhance its competitiveness and innovative capacity," the CE said. He urged industries across the SAR to give full play to their creativity and promote the application of AI and digital intelligence via the city's thriving AI ecosystem.Senior Russian diplomat condemns IAEA's anti-Iran resolution
Innovid (NYSE:CTV) Cut to “Market Perform” at JMP Securities
By Tom Hals WILMINGTON, Delaware (Reuters) -Qualcomm's central processors are properly licensed under an agreement with Arm Holdings, a jury found in a trial in U.S. federal court that removed some, but not all, uncertainty around the mobile chipmaker's expansion into the laptop market. A week of courtroom arguments and deliberations ended in a mistrial after the jury failed to resolve one of three questions put before it in the trial between the two chip giants. Qualcomm said the result affirmed its right to innovate, but Arm vowed to seek a new trial. Arm's shares were down 1.8% in extended trading after the news, and Qualcomm's shares were up 1.8%. The outcome means the case could be tried again in the future - something Arm vowed to pursue in a statement following the verdict. Judge Maryellen Noreika, who presided over the case in U.S. federal court in Delaware, encouraged Arm and Qualcomm to mediate their dispute. "I don't think either side had a clear victory or would have had a clear victory if this case is tried again," Noreika told the parties. After more than nine hours of deliberations over two days, the eight-person jury could not reach a unanimous verdict on the question of whether startup Nuvia breached the terms of its license with Arm. But the jury found that Qualcomm - which purchased Nuvia for $1.4 billion in 2021 - did not breach that license. The jury also found that Qualcomm's chips, created using Nuvia technology and central to Qualcomm's push into the personal computer market, are properly licensed under its own agreement with Arm, clearing the way for Qualcomm to continue selling them. "The jury has vindicated Qualcomm's right to innovate and affirmed that all the Qualcomm products at issue in the case are protected by Qualcomm's contract with Arm," Qualcomm said in a statement. An Arm spokesperson said the company was "disappointed" that the jury was unable to "reach consensus" about the company's claims and said from the outset the goal has been to protect the company's intellectual property. For now, the outcome paves the way for Qualcomm to continue to push what it calls the "AI PC" in laptop chips that are aimed at handling tasks such as chatbots and image generators. That is a market where Nvidia, Advanced Micro Devices and MediaTek are also planning to make Arm-based processors. "My biggest worry was what happens to the future roadmap if they (Qualcomm) no longer have access to Nuvia (computing) cores," Bernstein analyst Stacy Rasgon said. "At this point, that risk is a lot closer to being off the table." The dispute between Arm and Qualcomm centered on what royalty rate Qualcomm should pay for each chip. Nuvia was set to pay higher rates than Qualcomm before Qualcomm bought the startup firm and wove its technology into chips under its own license with Arm at lower royalty rates. Ben Bajarin, chief executive of tech consulting firm Creative Strategies, said that Arm's current growth projections have not depended on reaping higher rates from Qualcomm as Arm chips enter the PC market. "They haven't factored in, via their quarterly (earnings) calls, a win," Bajarin said. "So none of this changes their economic upside. It's really just a matter of contractual argument." However, the trial's outcome leaves open the question of where Arm's technology begins and ends. Arm licenses its computing architecture to firms but also sells designs for computing cores as off-the-shelf products. Some of Arm's more sophisticated customers, such as Apple, Qualcomm and Nuvia, license Arm's architectures but develop their own custom cores. During the trial this week, Arm's attorneys insisted its architecture license terms with Nuvia gave it rights to demand the destruction of Nuvia's custom core designs. "This does have ramifications for the entire industry," Jim McGregor of Tirias Research said in an interview. "Whether you're using a standard Arm core, or developing your own Arm core, it has been the rock of everything from electric toothbrushes to satellites." (Reporting by Tom Hals in Wilmington, Delaware and Max Cherney in San Francisco; writing by Stephen Nellis; Editing by Chizu Nomiyama, Pooja Desai and Rosalba O'Brien)How to buy a house in 2025. Look forward, not back.
Oppenheimer & Co. Inc. Makes New Investment in Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD)As the future of warfare pivots towards artificial intelligence, Ukraine is sitting on a valuable resource: millions of hours of footage from drones which can be used to train AI models to make decisions on the battlefield. or signup to continue reading AI has been deployed by both sides on the battlefield during Russia's invasion of Ukraine to identify targets, scanning images far quicker than a human can. Oleksandr Dmitriev, founder of OCHI, a non-profit Ukrainian digital system that centralises and analyses video feeds from over 15,000 drone crews working on the front lines, told Reuters his system had collected two million hours, or 228 years, of battlefield video from drones since 2022. That will provide vital data for AI to learn from. "This is food for the AI: If you want to teach an AI, you give it 2 million hours (of video), it will become something supernatural," he said. According to Dmitriev, the footage can be used to train AI models in combat tactics, spotting targets and assessing the effectiveness of weapons systems. "It is essentially experience which can be turned into mathematics," he said, adding that an AI program can study the trajectories and angles at which weapons are most effective. The system was originally made in 2022 to give military commanders an overview of their areas of the battlefield by showing them drone footage from all nearby crews side by side on one screen. After the system was rolled out, the team running it realised that video being sent back by drones could prove useful as a record of the war – so they began to store it. On average, Dmitriev said five or six terabytes of new data were added every day from the fighting. Dmitriev said he was talking with representatives from some of Ukraine's foreign allies that had expressed interest in his OCHI system, but declined to provide details. Samuel Bendett, adjunct senior fellow at the US-based Centre for a New American Security, said such a vast pool of data would be extremely valuable in teaching AI systems to identify what exactly they are seeing, and what steps they should take. "Humans can do this intuitively, but machines cannot, and they have to be trained on what is or isn't a road, or a natural obstacle, or an ambush," he said. Kateryna Bondar, a fellow at Wadhwani AI centre at the Centre for Strategic and International Studies, said the size of the data set and the image quality were important, as AI models learned to recognise targets based on shapes and colours. Bondar said that the dataset was valuable in the context of training to fight Russia. However, she said US officials and drone makers prefer a dataset that trains AI systems to operate in the Pacific against a potential Chinese adversary. "(They want) systems ready and able to fight against China because that's the main priority for the US right now, rather than getting a lot of footage of Ukrainian fields and forests." Ukraine also has another system, called Avengers, developed by its defence ministry, which centralises and collects video from drones and CCTV. The ministry declined to provide information about this system. However, it has previously said that Avengers spots 12,000 Russian pieces of equipment a week using AI identification tools. Thousands of drones are already using AI systems to fly themselves into targets without human piloting, and Ukraine is using AI technologies to help demine its territory. Ukrainian companies are developing drone swarms, where a computer system will be able to execute commands for an interlinked cloud of dozens of drones. Russia has also touted its use of battlefield AI, most notably for target recognition in Lancet strike drones, which have proved lethal against Ukrainian armoured vehicles. Advertisement Sign up for our newsletter to stay up to date. We care about the protection of your data. Read our . Advertisement
Mooresville, NC, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Fundamental Global Inc. (Nasdaq: FGF) (the "Company” or "Fundamental Global"), formerly known as FG Financial Group, Inc., today announced that it has declared a quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A (the "Preferred Stock”), for the period commencing on September 15, 2024, and ending on December 14, 2024. In accordance with the terms of the Preferred Stock, the board of directors of the Company declared a Preferred Stock cash dividend of $0.50 per share for the period commencing on September 15, 2024, and ending on Decemeber 14, 2024. The dividend is payable on December 15, 2024, to holders of record on December 1, 2024. The Preferred Stock is currently listed on the Nasdaq Stock Market and trades under the ticker symbol "FGFPP”. Fundamental Global Inc. Fundamental Global Inc. (Nasdaq: FGF, FGFPP) and its subsidiaries engage in diverse business activities including reinsurance, asset management, merchant banking, and managed services. The FG ® logo and Fundamental Global ® are registered trademarks of Fundamental Global LLC. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act”). These statements are therefore entitled to the protection of the safe harbor provisions of these laws. These statements may be identified by the use of forward-looking terminology such as "anticipate,” "believe,” "budget,” "can,” "contemplate,” "continue,” "could,” "envision,” "estimate,” "expect,” "evaluate,” "forecast,” "goal,” "guidance,” "indicate,” "intend,” "likely,” "may,” "might,” "outlook,” "plan,” "possibly,” "potential,” "predict,” "probable,” "probably,” "pro-forma,” "project,” "seek,” "should,” "target,” "view,” "will,” "would,” "will be,” "will continue,” "will likely result” or the negative thereof or other variations thereon or comparable terminology. In particular, discussions and statements regarding the Company's future business plans and initiatives are forward-looking in nature. We have based these forward-looking statements on our current expectations, assumptions, estimates, and projections. While we believe these to be reasonable, such forward-looking statements are only predictions and involve a number of risks and uncertainties, many of which are beyond our control. These and other important factors may cause our actual results, performance, or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements, and may impact our ability to implement and execute on our future business plans and initiatives. Management cautions that the forward-looking statements in this release are not guarantees of future performance, and we cannot assume that such statements will be realized or the forward-looking events and circumstances will occur. Factors that might cause such a difference include, without limitation: risks associated with our inability to identify and realize business opportunities, and the undertaking of any new such opportunities; our lack of operating history or established reputation in the reinsurance industry; our inability to obtain or maintain the necessary approvals to operate reinsurance subsidiaries; risks associated with operating in the reinsurance industry, including inadequately priced insured risks, credit risk associated with brokers we may do business with, and inadequate retrocessional coverage; our inability to execute on our equity holdings and asset management strategy, including our strategy to invest in the risk capital of special purpose acquisition companies (SPACs); our ability to maintain and expand our revenue streams including our digital cinema products and installation services; potential interruptions of supplier relationships or higher prices charged by suppliers; our ability to successfully compete and introduce enhancements and new features that achieve market acceptance and that keep pace with technological developments; our ability to maintain our d reputation and retain or replace significant customers; the potential impact of a challenging global economic environment or a downturn in the markets; the effects of economic, public health, and political conditions that impact business and consumer confidence and spending, including rising interest rates, periods of heightened inflation and market instability; potential loss of value of equity holdings; risk of becoming an investment company; fluctuations in our short-term results as we implement our business strategies; risks of being unable to attract and retain qualified management and personnel to implement and execute on our business and growth strategy; failure of our information technology systems, data breaches and cyber-attacks; our ability to establish and maintain an effective system of internal controls;; the requirements of being a public company and losing our status as a smaller reporting company or becoming an accelerated filer; any potential conflicts of interest or different interests between us and our stockholders; potential conflicts of interest between us and our directors and executive officers; risks associated with our related party transactions and equity holdings; and risks associated with our investments in SPACs, including the failure of any such SPAC to complete its initial business combination. Our expectations and future plans and initiatives may not be realized. If one of these risks or uncertainties materializes, or if our underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. You are cautioned not to place undue reliance on forward-looking statements. The forward-looking statements are made only as of the date hereof and do not necessarily reflect our outlook at any other point in time. We do not undertake and specifically decline any obligation to update any such statements or to publicly announce the results of any revisions to any such statements to reflect new information, future events or developments. Investor Contact: [email protected]
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Meet the ex Tory MP who wears starched pants, has never boiled an egg and eats foie gras (but loves a Greggs eclair)
A Tennessee man is convicted of killing 2 at a high school basketball game in 2021Despite out-gaining the Cleveland Browns 368-304 and winning the turnover battle 3-1, the Pittsburgh Steelers left snowy Cleveland with a 24-19 loss on Thursday night . Fourth downs ended up being the difference, as the Steelers went 1-3 on fourth downs, while the Browns were a perfect 4-4. Chris Boswell also missed a 58-yard field goal. It certainly was a wild game on the shores of Lake Erie. In fact, the Browns did something that no other team in NFL history has accomplished. The Browns became the first team in league history to commit 3+ turnovers, have 8+ penalties, convert no more than one third down, have under 25:00 time of possession, blow a 12+ point fourth-quarter lead ...and yet still win the game. The Browns are the first team in NFL history to: commit 3+ turnovers have 8+ penalties convert no more than 1 third down have under 25:00 TOP blow a 12+ point fourth-quarter lead ...and yet still win the game. pic.twitter.com/w6IeEgmSmA — OptaSTATS (@OptaSTATS) November 22, 2024 Bill Barnwell of ESPN also shared a wild stat from Thursday night’s game. The Browns lost the turnover battle by two, failed to convert even two third downs all game (1-10), didn’t score a return TD and were out-gained. Teams with that combination were 0-67 over the last 30 years before the Browns beat the Steelers. Fun with junk stat combinations Browns: – lost the turnover battle by two – failed to convert even two third downs all game (1-10) – didn't score a return TD – were outgained Teams with that combination were 0-67 over the last 30 years before the Browns won tonight. — Bill Barnwell (@billbarnwell) November 22, 2024 I’m sure the Steelers coaching staff and players will be kicking themselves over the next nine days until their Week 13 matchup against the Cincinnati Bengals. They should have never lost to Cleveland. “We should’ve won that game,” Steelers quarterback Russell Wilson said after the loss. “We felt like we battled in a tough environment. The way we answered in the fourth quarter was pretty special and we had a chance at the end, too.” Steelers wide receiver George Pickens flat-out said the Browns are not even a good team . “The conditions were so bad,” Pickens said when asked about a third-quarter missed connection between him and Russell Wilson. “I don’t even think the QB could see sometimes. When you’ve got conditions like that at the opponent’s home field, it kinda plays in their favor. ... “The conditions played a huge, huge part in today’s game. I don’t really think the Cleveland Browns are a good team at all. I think the conditions kinda saved them today. The Steelers rematch against the Browns will take place on Dec. 8 at Acrisure Stadium. Alan Saunders provided reporting from Cleveland. This article first appeared on Steelers Now and was syndicated with permission.
Warner Music Group ( NASDAQ:WMG – Get Free Report ) had its price objective cut by equities researchers at Barclays from $32.00 to $31.00 in a research report issued on Friday, Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Barclays ‘s price target would suggest a potential downside of 2.67% from the company’s previous close. WMG has been the topic of a number of other research reports. Bank of America reiterated an “underperform” rating and set a $30.00 price target (down previously from $33.00) on shares of Warner Music Group in a report on Friday, October 4th. Wells Fargo & Company cut their price target on shares of Warner Music Group from $37.00 to $34.00 and set an “equal weight” rating on the stock in a report on Thursday, August 8th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Warner Music Group from $42.00 to $36.00 and set a “buy” rating on the stock in a report on Tuesday, August 13th. Macquarie cut their price target on shares of Warner Music Group from $32.00 to $30.00 and set a “neutral” rating on the stock in a report on Friday, October 11th. Finally, Tigress Financial cut their price target on shares of Warner Music Group from $52.00 to $44.00 and set a “buy” rating on the stock in a report on Thursday, September 12th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $36.00. Read Our Latest Report on WMG Warner Music Group Price Performance Insider Buying and Selling at Warner Music Group In other Warner Music Group news, CEO Max Lousada sold 135,324 shares of Warner Music Group stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $28.17, for a total value of $3,812,077.08. Following the sale, the chief executive officer now directly owns 2,725,964 shares in the company, valued at approximately $76,790,405.88. The trade was a 4.73 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link . In the last ninety days, insiders have sold 628,205 shares of company stock worth $17,628,757. Insiders own 73.35% of the company’s stock. Institutional Trading of Warner Music Group Institutional investors and hedge funds have recently bought and sold shares of the stock. Benjamin Edwards Inc. grew its stake in shares of Warner Music Group by 74.5% in the 2nd quarter. Benjamin Edwards Inc. now owns 953 shares of the company’s stock worth $29,000 after buying an additional 407 shares in the last quarter. Concord Wealth Partners purchased a new position in shares of Warner Music Group in the 3rd quarter worth $30,000. ORG Partners LLC grew its stake in shares of Warner Music Group by 5,790.5% in the 2nd quarter. ORG Partners LLC now owns 1,237 shares of the company’s stock worth $37,000 after buying an additional 1,216 shares in the last quarter. Assetmark Inc. grew its stake in shares of Warner Music Group by 9,400.0% in the 3rd quarter. Assetmark Inc. now owns 1,235 shares of the company’s stock worth $39,000 after buying an additional 1,222 shares in the last quarter. Finally, ORG Wealth Partners LLC purchased a new position in shares of Warner Music Group in the 3rd quarter worth $73,000. 96.88% of the stock is currently owned by institutional investors. About Warner Music Group ( Get Free Report ) Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin’ Records, Warner Classics, and Warner Music Nashville. 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