Mumbai: A 54-year-old woman has fallen prey to scammers and lost Rs 12 lakh in digital arrest fraud. The scammers on the pretext of getting her banking details verified, forced her to take a personal loan from her mobile banking app and induced her to send the money in three online transactions. According to the police, the complainant is a resident of Thane. On September 20, she received a phone call from an unknown person who claimed to be from a courier company from Andheri. The caller stated that a parcel booked by the complainant for Iran containing four passports, a laptop, a pendrive, four credit cards and 420 grams of MD have been intercepted by the Customs department. The caller also claimed that a case in this regard has been registered by the NCB. Later, the caller said that he will connect the call with the police. A scammer who then posed as a police officer spoke to the woman. On the pretext of getting the complainant’s banking details verified, the scammer induced her to take a personal loan of Rs 13.50 lakh from her mobile banking app with an assurance that the entire money would be credited in her account once the verification process is done, police said. They then forced her to transfer Rs 12 lakh in three online transactions. Later when the complainant did not receive the said amount in her bank account, she realised that she had been scammed. The complainant then approached the police and got an offence registered in the matter last week. A case has been registered in the matter under sections 66C (identity theft), 66D (cheating by personation by using computer resource) of the Information Technology Act.
NASHVILLE, Tenn. (AP) — The right frame can freeze a moment in time, creating meaning for the masses from a , a , towns , and a victory sealed with an . In 2024, photographers across the U.S. captured glimpses of humanity, ranging from a deeply divisive , to hurricanes and that ravaged communities, to over the war between Israel and Hamas in Gaza. The gallery from The Associated Press illustrates a new chapter of political history — the assassination attempt on former President , the moment President Joe Biden announced he , the campaign sprint by Vice President Kamala Harris in Biden’s place, and the raw emotion from during a grueling contest ultimately . Hurricanes whipped through the country with devastating imagery, leaving a path of wreckage and death from to . After Hurricane , in North Carolina was shown in a jarring photo covered in shards of debris thick enough to hide the surface of the water. Hurricane ripped apart the roof of in St. Petersburg, Florida, home to Major League Baseball’s Tampa Bay Rays. The scale of destruction experienced in some corners of the country in 2024 was hard to capture and might have been harder to fathom. That was the case when a container ship slammed into the Francis Scott Key Bridge in Baltimore, causing it to collapse and crumple around the vessel, on the bridge. As flames , another image captured firefighters and sheriff’s deputies pushing a vintage car away from a burning home. , one photo is aglow with bright orange flames, broken up only by the subtle features of an animal running through them. But hope also persevered in the face of devastation. In , an image from Crystal River, Florida, shows Dustin Holmes holding hands with his girlfriend, Hailey Morgan, as they sloshed through floodwaters with her 4- and 7-year-old children to return to their flooded home. And in Manasota Key, Florida, a family was lit up by the glow of flashlights as they walked to check on their home damaged by Milton. Other photos from 2024 also grabbed the darkness and shadows to emphasize light: among them, a and a total solar . And, yes, eclipse glasses were back in style for a shared moment of skygazing. But many other photos delivered a blast of color, from the spectrum of the northern lights to a crew of workers wading into the deep-red of a Massachusetts . And, once again, captured the country’s attention, even as a part of the crowd. She rushed down from the stands to kiss her boyfriend, Kansas City Chiefs tight end Travis Kelce, after the Chiefs , en route to win.
Ian Eagle, J.J. Watt, and Nate Burleson will call the Pittsburgh Steelers' Christmas game against the Kansas City Chiefs . The game will air on Netflix, and they cobbled together new announcing crews that had not worked together, but Eagle is the No. 2 play by play man at CBS, and has called four Steelers game this season alongside his usual partner, Charles Davis. Meanwhile, Watt has never had to color commentate a game and has been in the studio for CBS on most gamedays instead. Watt attended the Steelers' game against the Cleveland Browns on Sunday, but is usually on NFL Today as an analyst. Burleson has been a color commentator for NFL and college games but is now best known for being the host of ‘CBS Mornings.’ Just like Watt, he is a studio analyst for CBS on Sundays and started his career on NFL Network as an analyst on Good Morning Football. There will also be a robust set of talent for the studio show that will air on Netflix. Kay Adams will be the host while Mina Jimes, Drew Brees, Manti Te’o, and Robert Griffin III will be analysts. BETTING: Check out our guide to the best PA sportsbooks , where our team of sports betting experts has reviewed the experience, payout speed, parlay options and quality of odds for multiple sportsbooks. More Pittsburgh Steelers News Browns player addresses his wife’s complaints of ‘sad behavior’ from Steelers fans: ‘I’m not naive' Pittsburgh Steelers could lose star wide receiver for multiple weeks with hamstring injury How to get Eagles vs. Steelers tickets for NFL Week 15 at The Linc: Prices, options Ex-Steelers kicker helps power new team to division title George Pickens has grade 2 hamstring strain, could miss Eagles game, insider saysCalifornia to consider requiring mental health warnings on social media sitesAUSTIN, Texas , Dec. 9, 2024 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2025 Q2 results. Total quarterly revenues were up 9% year-over-year, in both USD and constant currency, to $14.1 billion . Cloud services and license support revenues were up 12% year-over-year, in both USD and constant currency, to $10.8 billion . Cloud license and on-premise license revenues were up 1% in USD and up 3% in constant currency, to $1.2 billion . Q2 GAAP operating income was $4.2 billion . Non-GAAP operating income was $6.1 billion , up 10% in both USD and constant currency. GAAP operating margin was 30%, and non-GAAP operating margin was 43%. GAAP net income was $3.2 billion . Non-GAAP net income was $4.2 billion , up 12% in both USD and constant currency. Q2 GAAP earnings per share was $1.10 , up 24% in USD and up 23% in constant currency, while non-GAAP earnings per share was $1.47 , up 10% in both USD and constant currency. Short-term deferred revenues were $9.4 billion . Over the last twelve months, operating cash flow was $20.3 billion and free cash flow was $9.5 billion . "Record level AI demand drove Oracle Cloud Infrastructure revenue up 52% in Q2, a much higher growth rate than any of our hyperscale cloud infrastructure competitors," said Oracle CEO, Safra Catz . "Growth in the AI segment of our Infrastructure business was extraordinary—GPU consumption was up 336% in the quarter—and we delivered the world's largest and fastest AI SuperComputer scaling up to 65,000 NVIDIA H200 GPUs. With our remaining performance obligation (RPO) up 50% to $97 billion , we believe our already impressive growth rates will continue to climb even higher. This fiscal year, total Oracle Cloud revenue should top $25 billion ." "Oracle Cloud Infrastructure trains several of the world's most important generative AI models because we are faster and less expensive than other clouds," said Oracle Chairman and CTO, Larry Ellison . "And we just signed an agreement with Meta—for them to use Oracle's AI Cloud Infrastructure—and collaborate with Oracle on the development of AI Agents based on Meta's Llama models. The Oracle Cloud trains dozens of specialized AI models and embeds hundreds of AI Agents in cloud applications. For example, Oracle's AI Agents automate drug design, image and genomic analysis for cancer diagnostics, audio updates to electronic health records for patient care, satellite image analysis to predict and improve agricultural output, fraud and money laundering detection, dual-factor biometric computer logins, and real time video weapons detection in schools. Oracle trained AI models and AI Agents will improve the rate of scientific discovery, economic development and corporate growth throughout the world. The scale of the opportunity is unimaginable." The board of directors declared a quarterly cash dividend of $0.40 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on January 9, 2025 , with a payment date of January 23, 2025 . Earnings Conference Call and Webcast Oracle will hold a conference call and webcast today to discuss these results at 4:00 p.m. Central. A live and replay webcast will be available on the Oracle Investor Relations website at www.oracle.com/investor/ . About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com . Trademarks Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. "Safe Harbor" Statement: Statements in this press release relating to future plans, expectations, beliefs, intentions and prospects, including the expectations for converting the Remaining Performance Obligations to revenue, future total Oracle Cloud revenue this fiscal year and the scale of opportunity for Oracle trained AI models and AI Agents, are "forward-looking statements" and are subject to material risks and uncertainties. Risks and uncertainties that could affect our current expectations and our actual results, include, among others: our ability to develop new products and services, integrate acquired products and services and enhance our existing products and services, including our AI products; our management of complex cloud and hardware offerings, including the sourcing of technologies and technology components; our ability to secure data center capacity; significant coding, manufacturing or configuration errors in our offerings; risks associated with acquisitions; economic, political and market conditions; information technology system failures, privacy and data security concerns; cybersecurity breaches; unfavorable legal proceedings, government investigations, and complex and changing laws and regulations. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on the Oracle Investor Relations website at www.oracle.com/investor/ . All information set forth in this press release is current as of December 9, 2024 . Oracle undertakes no duty to update any statement in light of new information or future events. ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS ($ in millions, except per share data) Three Months Ended November 30, % Increase % Increase (Decrease) % of % of (Decrease) in Constant 2024 Revenues 2023 Revenues in US $ Currency (1) REVENUES Cloud services and license support $ 10,806 77 % $ 9,639 74 % 12 % 12 % Cloud license and on-premise license 1,195 9 % 1,178 9 % 1 % 3 % Hardware 728 5 % 756 6 % (4 %) (3 %) Services 1,330 9 % 1,368 11 % (3 %) (3 %) Total revenues 14,059 100 % 12,941 100 % 9 % 9 % OPERATING EXPENSES Cloud services and license support 2,746 19 % 2,274 17 % 21 % 21 % Hardware 172 1 % 213 2 % (20 %) (19 %) Services 1,167 8 % 1,253 10 % (7 %) (7 %) Sales and marketing 2,190 16 % 2,093 16 % 5 % 5 % Research and development 2,471 18 % 2,226 17 % 11 % 11 % General and administrative 387 3 % 375 3 % 3 % 3 % Amortization of intangible assets 591 4 % 755 6 % (22 %) (22 %) Acquisition related and other 31 0 % 47 0 % (34 %) (33 %) Restructuring 84 1 % 83 1 % 0 % 1 % Total operating expenses 9,839 70 % 9,319 72 % 6 % 6 % OPERATING INCOME 4,220 30 % 3,622 28 % 17 % 16 % Interest expense (866) (6 %) (888) (7 %) (3 %) (3 %) Non-operating income (expenses), net 36 0 % (14) 0 % * * INCOME BEFORE INCOME TAXES 3,390 24 % 2,720 21 % 25 % 24 % Provision for income taxes 239 2 % 217 2 % 11 % 10 % NET INCOME $ 3,151 22 % $ 2,503 19 % 26 % 26 % EARNINGS PER SHARE: Basic $ 1.13 $ 0.91 Diluted $ 1.10 $ 0.89 WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: Basic 2,790 2,746 Diluted 2,869 2,817 (1) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2024, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. Movements in international currencies relative to the United States dollar during the three months ended November 30, 2024 compared with the corresponding prior year period increased our operating income by 1 percentage point. * Not meaningful ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS RECONCILIATION OF SELECTED GAAP MEASURES TO NON-GAAP MEASURES (1) ($ in millions, except per share data) Three Months Ended November 30, % Increase (Decrease) in US $ % Increase (Decrease) in Constant Currency (2) 2024 2024 2023 2023 GAAP Non-GAAP GAAP Non-GAAP GAAP Adj. Non-GAAP GAAP Adj. Non-GAAP TOTAL REVENUES $ 14,059 $ - $ 14,059 $ 12,941 $ - $ 12,941 9 % 9 % 9 % 9 % TOTAL OPERATING EXPENSES $ 9,839 $ (1,876) $ 7,963 $ 9,319 $ (1,914) $ 7,405 6 % 8 % 6 % 8 % Stock-based compensation (3) 1,170 (1,170) - 1,029 (1,029) - 14 % * 14 % * Amortization of intangible assets (4) 591 (591) - 755 (755) - (22 %) * (22 %) * Acquisition related and other 31 (31) - 47 (47) - (34 %) * (33 %) * Restructuring 84 (84) - 83 (83) - 0 % * 1 % * OPERATING INCOME $ 4,220 $ 1,876 $ 6,096 $ 3,622 $ 1,914 $ 5,536 17 % 10 % 16 % 10 % OPERATING MARGIN % 30 % 43 % 28 % 43 % 203 bp. 58 bp. 196 bp. 52 bp. INCOME TAX EFFECTS (5) $ 239 $ 820 $ 1,059 $ 217 $ 655 $ 872 11 % 22 % 10 % 21 % NET INCOME $ 3,151 $ 1,056 $ 4,207 $ 2,503 $ 1,259 $ 3,762 26 % 12 % 26 % 12 % DILUTED EARNINGS PER SHARE $ 1.10 $ 1.47 $ 0.89 $ 1.34 24 % 10 % 23 % 10 % DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 2,869 - 2,869 2,817 - 2,817 2 % 2 % 2 % 2 % (1) This presentation includes non-GAAP measures. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. For a detailed explanation of the adjustments made to comparable GAAP measures, the reasons why management uses these measures, the usefulness of these measures and the material limitations on the usefulness of these measures, please see Appendix A. (2) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2024, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. (3) Stock-based compensation was included in the following GAAP operating expense categories: Three Months Ended Three Months Ended November 30, 2024 November 30, 2023 GAAP Adj. Non-GAAP GAAP Adj. Non-GAAP Cloud services and license support $ 158 $ (158) $ - $ 137 $ (137) $ - Hardware 8 (8) - 6 (6) - Services 53 (53) - 45 (45) - Sales and marketing 195 (195) - 174 (174) - Research and development 657 (657) - 573 (573) - General and administrative 99 (99) - 94 (94) - Total stock-based compensation $ 1,170 $ (1,170) $ - $ 1,029 $ (1,029) $ - (4) Estimated future annual amortization expense related to intangible assets as of November 30, 2024 was as follows: Remainder of fiscal 2025 $ 1,092 Fiscal 2026 1,639 Fiscal 2027 672 Fiscal 2028 635 Fiscal 2029 561 Fiscal 2030 522 Thereafter 558 Total intangible assets, net $ 5,679 (5) Income tax effects were calculated reflecting an effective GAAP tax rate of 7.1% and 8.0% in the second quarter of fiscal 2025 and 2024, respectively, and an effective non-GAAP tax rate of 20.1% and 18.8% in the second quarter of fiscal 2025 and 2024, respectively. The difference in our GAAP and non-GAAP tax rates in each of the second quarters of fiscal 2025 and 2024 was primarily due to the net tax effects related to stock-based compensation expense; acquisition related and other items, including the tax effects on amortization of intangible assets; and restructuring expense, partially offset by the net deferred tax effects related to an income tax benefit that was previously recorded due to the partial realignment of our legal entity structure. * Not meaningful ORACLE CORPORATION Q2 FISCAL 2025 YEAR TO DATE FINANCIAL RESULTS CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS ($ in millions, except per share data) Six Months Ended November 30, % Increase % Increase (Decrease) % of % of (Decrease) in Constant 2024 Revenues 2023 Revenues in US $ Currency (1) REVENUES Cloud services and license support $ 21,324 78 % $ 19,186 75 % 11 % 11 % Cloud license and on-premise license 2,065 8 % 1,987 8 % 4 % 5 % Hardware 1,383 5 % 1,470 6 % (6 %) (5 %) Services 2,594 9 % 2,751 11 % (6 %) (5 %) Total revenues 27,366 100 % 25,394 100 % 8 % 8 % OPERATING EXPENSES Cloud services and license support 5,344 20 % 4,452 18 % 20 % 20 % Hardware 333 1 % 432 2 % (23 %) (22 %) Services 2,314 8 % 2,465 10 % (6 %) (6 %) Sales and marketing 4,226 15 % 4,118 16 % 3 % 3 % Research and development 4,777 18 % 4,442 17 % 8 % 8 % General and administrative 745 3 % 769 3 % (3 %) (3 %) Amortization of intangible assets 1,215 4 % 1,518 6 % (20 %) (20 %) Acquisition related and other 44 0 % 58 0 % (25 %) (25 %) Restructuring 157 1 % 222 1 % (29 %) (29 %) Total operating expenses 19,155 70 % 18,476 73 % 4 % 4 % OPERATING INCOME 8,211 30 % 6,918 27 % 19 % 19 % Interest expense (1,708) (6 %) (1,760) (7 %) (3 %) (3 %) Non-operating income (expenses), net 57 0 % (63) 0 % * * INCOME BEFORE INCOME TAXES 6,560 24 % 5,095 20 % 29 % 30 % Provision for income taxes 480 2 % 172 1 % 179 % 181 % NET INCOME $ 6,080 22 % $ 4,923 19 % 24 % 24 % EARNINGS PER SHARE: Basic $ 2.19 $ 1.80 Diluted $ 2.13 $ 1.75 WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: Basic 2,775 2,737 Diluted 2,860 2,820 (1) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2024, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. Movements in international currencies relative to the United States dollar during the six months ended November 30, 2024 compared with the corresponding prior year period had no impact to our total revenues, total operating expenses and operating income. * Not meaningful ORACLE CORPORATION Q2 FISCAL 2025 YEAR TO DATE FINANCIAL RESULTS RECONCILIATION OF SELECTED GAAP MEASURES TO NON-GAAP MEASURES (1) ($ in millions, except per share data) Six Months Ended November 30, % Increase (Decrease) in US $ % Increase (Decrease) in Constant Currency (2) 2024 2024 2023 2023 GAAP Non-GAAP GAAP Non-GAAP GAAP Adj. Non-GAAP GAAP Adj. Non-GAAP TOTAL REVENUES $ 27,366 $ - $ 27,366 $ 25,394 $ - $ 25,394 8 % 8 % 8 % 8 % TOTAL OPERATING EXPENSES $ 19,155 $ (3,592) $ 15,563 $ 18,476 $ (3,676) $ 14,800 4 % 5 % 4 % 6 % Stock-based compensation (3) 2,176 (2,176) - 1,878 (1,878) - 16 % * 16 % * Amortization of intangible assets (4) 1,215 (1,215) - 1,518 (1,518) - (20 %) * (20 %) * Acquisition related and other 44 (44) - 58 (58) - (25 %) * (25 %) * Restructuring 157 (157) - 222 (222) - (29 %) * (29 %) * OPERATING INCOME $ 8,211 $ 3,592 $ 11,803 $ 6,918 $ 3,676 $ 10,594 19 % 11 % 19 % 12 % OPERATING MARGIN % 30 % 43 % 27 % 42 % 276 bp. 141 bp. 279 bp. 140 bp. INCOME TAX EFFECTS (5) $ 480 $ 1,500 $ 1,980 $ 172 $ 1,478 $ 1,650 179 % 20 % 181 % 21 % NET INCOME $ 6,080 $ 2,092 $ 8,172 $ 4,923 $ 2,198 $ 7,121 24 % 15 % 24 % 15 % DILUTED EARNINGS PER SHARE $ 2.13 $ 2.86 $ 1.75 $ 2.53 22 % 13 % 23 % 14 % DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 2,860 - 2,860 2,820 - 2,820 1 % 1 % 1 % 1 % (1) This presentation includes non-GAAP measures. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. For a detailed explanation of the adjustments made to comparable GAAP measures, the reasons why management uses these measures, the usefulness of these measures and the material limitations on the usefulness of these measures, please see Appendix A. (2) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2024, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. (3) Stock-based compensation was included in the following GAAP operating expense categories: Six Months Ended Six Months Ended November 30, 2024 November 30, 2023 GAAP Adj. Non-GAAP GAAP Adj. Non-GAAP Cloud services and license support $ 299 $ (299) $ - $ 248 $ (248) $ - Hardware 14 (14) - 11 (11) - Services 96 (96) - 78 (78) - Sales and marketing 356 (356) - 309 (309) - Research and development 1,226 (1,226) - 1,057 (1,057) - General and administrative 185 (185) - 175 (175) - Total stock-based compensation $ 2,176 $ (2,176) $ - $ 1,878 $ (1,878) $ - (4) Estimated future annual amortization expense related to intangible assets as of November 30, 2024 was as follows: Remainder of fiscal 2025 $ 1,092 Fiscal 2026 1,639 Fiscal 2027 672 Fiscal 2028 635 Fiscal 2029 561 Fiscal 2030 522 Thereafter 558 Total intangible assets, net $ 5,679 (5) Income tax effects were calculated reflecting an effective GAAP tax rate of 7.3% and 3.4% in the first half of fiscal 2025 and 2024, respectively, and an effective non-GAAP tax rate of 19.5% and 18.8% in the first half of fiscal 2025 and 2024, respectively. The difference in our GAAP and non-GAAP tax rates in each of the first half of fiscal 2025 and 2024 was primarily due to the net tax effects related to stock-based compensation expense; acquisition related and other items, including the tax effects on amortization of intangible assets; and restructuring expense, partially offset by the net deferred tax effects related to an income tax benefit that was previously recorded due to the partial realignment of our legal entity structure. * Not meaningful ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS CONDENSED CONSOLIDATED BALANCE SHEETS ($ in millions) November 30, May 31, 2024 2024 ASSETS Current Assets: Cash and cash equivalents $ 10,941 $ 10,454 Marketable securities 370 207 Trade receivables, net 8,177 7,874 Prepaid expenses and other current assets 4,015 4,019 Total Current Assets 23,503 22,554 Non-Current Assets: Property, plant and equipment, net 26,432 21,536 Intangible assets, net 5,679 6,890 Goodwill, net 62,204 62,230 Deferred tax assets 11,984 12,273 Other non-current assets 18,681 15,493 Total Non-Current Assets 124,980 118,422 TOTAL ASSETS $ 148,483 $ 140,976 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Notes payable and other borrowings, current $ 8,162 $ 10,605 Accounts payable 2,679 2,357 Accrued compensation and related benefits 1,653 1,916 Deferred revenues 9,430 9,313 Other current liabilities 7,128 7,353 Total Current Liabilities 29,052 31,544 Non-Current Liabilities: Notes payable and other borrowings, non-current 80,462 76,264 Income taxes payable 9,553 10,817 Deferred tax liabilities 2,864 3,692 Other non-current liabilities 12,316 9,420 Total Non-Current Liabilities 105,195 100,193 Stockholders' Equity 14,236 9,239 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 148,483 $ 140,976 ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS ($ in millions) Six Months Ended November 30, 2024 2023 Cash Flows From Operating Activities: Net income $ 6,080 $ 4,923 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 1,712 1,510 Amortization of intangible assets 1,215 1,518 Deferred income taxes (601) (1,049) Stock-based compensation 2,176 1,878 Other, net 298 331 Changes in operating assets and liabilities: (Increase) decrease in trade receivables, net (451) 145 Decrease in prepaid expenses and other assets 676 301 Decrease in accounts payable and other liabilities (1,143) (1,048) Decrease in income taxes payable (1,685) (1,541) Increase in deferred revenues 454 149 Net cash provided by operating activities 8,731 7,117 Cash Flows From Investing Activities: Purchases of marketable securities and other investments (636) (515) Proceeds from sales and maturities of marketable securities and other investments 356 157 Acquisitions, net of cash acquired - (59) Capital expenditures (6,273) (2,394) Net cash used for investing activities (6,553) (2,811) Cash Flows From Financing Activities: Payments for repurchases of common stock (300) (600) Proceeds from issuances of common stock 307 426 Shares repurchased for tax withholdings upon vesting of restricted stock-based awards (898) (1,733) Payments of dividends to stockholders (2,221) (2,190) (Repayments of) proceeds from issuances of commercial paper, net (396) 1,749 Proceeds from issuances of senior notes and term loan credit agreements, net of issuance costs 11,837 - Repayments of senior notes and term loan credit agreements (9,700) (3,500) Other, net (276) 31 Net cash used for financing activities (1,647) (5,817) Effect of exchange rate changes on cash and cash equivalents (44) (10) Net increase (decrease) in cash and cash equivalents 487 (1,521) Cash and cash equivalents at beginning of period 10,454 9,765 Cash and cash equivalents at end of period $ 10,941 $ 8,244 ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS FREE CASH FLOW - TRAILING 4-QUARTERS (1) ($ in millions) Fiscal 2024 Fiscal 2025 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 GAAP Operating Cash Flow $ 17,745 $ 17,039 $ 18,239 $ 18,673 $ 19,126 $ 20,287 Capital Expenditures (8,290) (6,935) (5,981) (6,866) (7,855) (10,745) Free Cash Flow $ 9,455 $ 10,104 $ 12,258 $ 11,807 $ 11,271 $ 9,542 Operating Cash Flow % Growth over prior year 68 % 13 % 18 % 9 % 8 % 19 % Free Cash Flow % Growth over prior year 76 % 20 % 68 % 39 % 19 % (6 %) GAAP Net Income $ 9,375 $ 10,137 $ 10,642 $ 10,467 $ 10,976 $ 11,624 Operating Cash Flow as a % of Net Income 189 % 168 % 171 % 178 % 174 % 175 % Free Cash Flow as a % of Net Income 101 % 100 % 115 % 113 % 103 % 82 % (1) To supplement our statements of cash flows presented on a GAAP basis, we use non-GAAP measures of cash flows on a trailing 4-quarter basis to analyze cash flow generated from operations. We believe free cash flow is also useful as one of the bases for comparing our performance with our competitors. The presentation of non-GAAP free cash flow is not meant to be considered in isolation or as an alternative to net income as an indicator of our performance, or as an alternative to cash flows from operating activities as a measure of liquidity. ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS SUPPLEMENTAL ANALYSIS OF GAAP REVENUES (1) ($ in millions) Fiscal 2024 Fiscal 2025 Q1 Q2 Q3 Q4 TOTAL Q1 Q2 Q3 Q4 TOTAL REVENUES BY OFFERINGS Cloud services $ 4,635 $ 4,775 $ 5,054 $ 5,311 $ 19,774 $ 5,623 $ 5,937 $ 11,559 License support 4,912 4,864 4,909 4,923 19,609 4,896 4,869 9,765 Cloud services and license support 9,547 9,639 9,963 10,234 39,383 10,519 10,806 21,324 Cloud license and on-premise license 809 1,178 1,256 1,838 5,081 870 1,195 2,065 Hardware 714 756 754 842 3,066 655 728 1,383 Services 1,383 1,368 1,307 1,373 5,431 1,263 1,330 2,594 Total revenues $ 12,453 $ 12,941 $ 13,280 $ 14,287 $ 52,961 $ 13,307 $ 14,059 $ 27,366 AS REPORTED REVENUE GROWTH RATES Cloud services 30 % 25 % 25 % 20 % 25 % 21 % 24 % 23 % License support 2 % 2 % 1 % 0 % 1 % 0 % 0 % 0 % Cloud services and license support 13 % 12 % 12 % 9 % 12 % 10 % 12 % 11 % Cloud license and on-premise license (10 %) (18 %) (3 %) (15 %) (12 %) 7 % 1 % 4 % Hardware (6 %) (11 %) (7 %) (1 %) (6 %) (8 %) (4 %) (6 %) Services 2 % (2 %) (5 %) (6 %) (3 %) (9 %) (3 %) (6 %) Total revenues 9 % 5 % 7 % 3 % 6 % 7 % 9 % 8 % CONSTANT CURRENCY REVENUE GROWTH RATES (2) Cloud services 29 % 24 % 24 % 20 % 24 % 22 % 24 % 23 % License support 0 % 0 % 1 % 1 % 0 % 0 % 0 % 0 % Cloud services and license support 12 % 11 % 11 % 10 % 11 % 11 % 12 % 11 % Cloud license and on-premise license (11 %) (19 %) (3 %) (14 %) (12 %) 8 % 3 % 5 % Hardware (8 %) (12 %) (7 %) 0 % (7 %) (8 %) (3 %) (5 %) Services 1 % (3 %) (5 %) (6 %) (3 %) (8 %) (3 %) (5 %) Total revenues 8 % 4 % 7 % 4 % 6 % 8 % 9 % 8 % CLOUD SERVICES AND LICENSE SUPPORT REVENUES BY ECOSYSTEM Applications cloud services and license support $ 4,471 $ 4,474 $ 4,584 $ 4,642 $ 18,172 $ 4,769 $ 4,784 $ 9,552 Infrastructure cloud services and license support 5,076 5,165 5,379 5,592 21,211 5,750 6,022 11,772 Total cloud services and license support revenues $ 9,547 $ 9,639 $ 9,963 $ 10,234 $ 39,383 $ 10,519 $ 10,806 $ 21,324 AS REPORTED REVENUE GROWTH RATES Applications cloud services and license support 11 % 10 % 10 % 6 % 9 % 7 % 7 % 7 % Infrastructure cloud services and license support 15 % 14 % 13 % 12 % 14 % 13 % 17 % 15 % Total cloud services and license support revenues 13 % 12 % 12 % 9 % 12 % 10 % 12 % 11 % CONSTANT CURRENCY REVENUE GROWTH RATES (2) Applications cloud services and license support 11 % 9 % 10 % 6 % 9 % 7 % 7 % 7 % Infrastructure cloud services and license support 14 % 12 % 13 % 13 % 13 % 14 % 17 % 16 % Total cloud services and license support revenues 12 % 11 % 11 % 10 % 11 % 11 % 12 % 11 % GEOGRAPHIC REVENUES Americas $ 7,841 $ 8,067 $ 8,270 $ 8,945 $ 33,122 $ 8,372 $ 8,933 $ 17,305 Europe/Middle East/Africa 3,005 3,170 3,316 3,539 13,030 3,228 3,381 6,609 Asia Pacific 1,607 1,704 1,694 1,803 6,809 1,707 1,745 3,452 Total revenues $ 12,453 $ 12,941 $ 13,280 $ 14,287 $ 52,961 $ 13,307 $ 14,059 $ 27,366 (1) The sum of the quarterly information presented may vary from the year-to-date information presented due to rounding. (2) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2024 and 2023 for the fiscal 2025 and fiscal 2024 constant currency growth rate calculations presented, respectively, rather than the actual exchange rates in effect during the respective periods. APPENDIX A ORACLE CORPORATION Q2 FISCAL 2025 FINANCIAL RESULTS EXPLANATION OF NON-GAAP MEASURES To supplement our financial results presented on a GAAP basis, we use the non-GAAP measures indicated in the tables, which exclude certain business combination accounting entries and expenses related to acquisitions, as well as other significant expenses including stock-based compensation, that we believe are helpful in understanding our past financial performance and our future results. Our non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. Our management regularly uses our supplemental non-GAAP financial measures internally to understand, manage and evaluate our business and make operating decisions. These non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods. Compensation of our executives is based in part on the performance of our business based on these non-GAAP measures. Our non-GAAP financial measures reflect adjustments based on the following items, as well as the related income tax effects: View original content: https://www.prnewswire.com/news-releases/oracle-announces-fiscal-2025-second-quarter-financial-results-302326639.html SOURCE Oracle
2025 Hyundai Santa Cruz XRT Named Compact Truck of Texas at Texas Auto Writers Association's Truck RodeoAP News Summary at 8:26 a.m. EST
Guest Opinion: AI, blockchain, and the coming online economic boom
FNA Deadline: FNA Investors with Losses in Excess of $100K Have Opportunity to Lead Paragon 28, Inc. Securities Fraud Lawsuit First Filed by The Rosen Law FirmAlex Ovechkin is expected to miss 4 to 6 weeks with a broken left leg
Britain has become a nation of benefits cheats thanks to the rise of online ‘sickfluencers’. A wave of accounts on and YouTube advising how to maximise illness and disability payouts have been getting millions of views – as record numbers of people are signed off for long-term sickness. Some of the cynical influencers, who we’re not naming here, charge nearly £1,000 per session for "expert" advice on gaming the benefits system. More than 15,000 UK folk a week are approved for sick and disability payments. Internet tips to cash in on illness included lists of keywords to use in assessments that match scoring criteria – including "psychological distress". There are also application templates provided to "increase your chances" of getting long-term illness and disability payments. And sickfluencers warn how to avoid answering "trick" questions at interviews with authorities. The number of sickness benefit approvals rose from more than 1,000 before the Covid pandemic to a high of more than 3,000 every working day in March, according to official figures. There were 3.3 million people claiming disability or incapacity benefits last year – up one million since 2019. The cost of sickness benefits to Britain is set to reach £100 billion before the end of the decade. It is more than the budgets for schools, police and courts combined. One Department for Work and Pensions Assessor who works as GP said: "What strikes me about this job is how few people I speak to who are genuinely too sick to work. "Most of the claims are to do with stress or anxiety. I’m speaking to people who, as a GP, I would not say were too sick to work." Come and join The Daily Star on , the social media site set up by ex-Twitter boss Jack Dorsey. It's now the new go-to place for content after a mass exodus of the Elon Musk-owned Twitter/X. Fear not, we're not leaving , but we are jumping on the bandwagon. So come find our new account on , and see us social better than the rest. You can also learn more about The Daily Star team in what Bluesky calls a . So what are you waiting for?! Let's
— The company saw record trades on Cyber Monday — — Asics, Fear of God, Pop Mart, and Timberland set new trade records throughout the week — — Best-selling products across categories included Travis Scott's latest Jordan collab, sneakers from Asics and adidas, Fear of God apparel, Ugg Lowmel boots, and Labubu collectibles from Pop Mart — DETROIT, Dec. 3, 2024 /PRNewswire/ -- StockX today reports a strong Cyber Week performance, with Monday breaking previous trade records. Between Wednesday and Monday, the platform saw record trades from brands including Asics , Fear of God , Pop Mart , and Timberland . Additionally, adidas , Yeezy , Lego , Stanley , Vans , and Denim Tears saw year-over-year trade growth. During the same time period, the company also set a new trade record for apparel sales, with the category achieving double-digit growth compared to 2023. Shoppers flocked to the platform earlier than ever, with year-over-year trades on Wednesday and Thursday up nearly 40% and 50% respectively, and StockX closing the six-day shopping week with more trades than it saw in the same time period last year. The platform also saw record use of Xpress Ship – StockX's quicker shipping feature – setting single-day sales records from Wednesday through Cyber Monday. Xpress Ship items are pre-verified by StockX verification experts and ready to ship as soon as a purchase is made. "This Cyber Weekend was a testament to the continued demand for sought-after products around the globe. Though many consumers remain price-conscious this year, we saw record trades on Cyber Monday and multiple brands achieved triple-digit growth over 2023. These results reflect the trust our community has in StockX and the power of our vast product catalog of sought-after items," said StockX co-founder, President, and COO Greg Schwartz. "We expect this momentum to continue through the holiday season, and our team will be ready to deliver a best-in-class experience for both buyers and sellers." Just between Friday and Monday, StockX facilitated tens of millions of dollars in sales worldwide. In preparation for the weekend, StockX rolled out new features to provide even more value to holiday shoppers. The platform made hundreds of thousands of products available for quicker shipping via Xpress Ship, giving customers the opportunity to shop through Thursday, December 19, and still get their items before Christmas. The company also introduced returns, allowing shoppers in the United States to return eligible items within 14 days of delivery for a full refund in the form of StockX credit, minus the original cost of shipping. For orders placed between November 27 and December 31, StockX extended the return window through January 15, 2025. Additionally, StockX gift cards are available to U.S. customers for the first time this holiday season. Top Movers on StockX During Cyber Weekend: Sneakers Shoes Apparel Collectibles Electronics StockX welcomed millions of visitors to its website and app and awarded more than $2 million in prizes to customers throughout Cyber Weekend. Prizes included coveted grails like the Jordan 1 Retro High Dior , Louis Vuitton Nike Air Force 1 Low By Virgil Abloh White Red , and Nike Air Yeezy 2 Solar Red , as well as the Sony PlayStation 5 PS5 Pro 30th Anniversary Limited Edition Bundle . The global marketplace served buyers and sellers in more than 100 different countries and territories, with multiple markets seeing year-over-year sales growth during the shopping period. For more information about StockX, please visit www.stockx.com . About StockX StockX is proud to be a Detroit-based technology leader focused on the large and growing online market for sneakers, apparel, accessories, electronics, collectibles, trading cards, and more. StockX's powerful platform connects buyers and sellers of high-demand consumer goods from around the world using dynamic pricing mechanics. This approach affords access and market visibility powered by real-time data that empowers buyers and sellers to determine and transact based on market value. The StockX platform features hundreds of brands across verticals including Jordan Brand, adidas, Nike, Supreme, BAPE, Off-White, Louis Vuitton, Gucci; collectibles from brands including LEGO, KAWS, Bearbrick, and Pop Mart; and electronics from industry-leading manufacturers Sony, Microsoft, Meta, and Apple. Launched in 2016, StockX employs 1,000 people across offices and verification centers around the world. Learn more at www.stockx.com . View original content: https://www.prnewswire.com/news-releases/stockx-sets-cyber-weekend-records-302321322.html SOURCE StockX
None
A bid by The Onion satirical news outlet to buy Alex Jones' conspiracy theory platform Infowars returned Monday to a Texas courtroom, where a judge heard arguments on whether a bankruptcy auction was properly run as Jones alleges collusion and fraud. U.S. Bankruptcy Judge Christopher Lopez in Houston is looking into the November auction and how a trustee chose The Onion over the only other bidder — a company affiliated with Jones that offered twice as much money as The Onion. The judge said the hearing would last into Monday evening and pick up again on Tuesday afternoon. The sale of Infowars is part of Jones' personal bankruptcy case , which he filed in late 2022 after he was ordered to pay nearly $1.5 billion in defamation lawsuits in Connecticut and Texas filed by relatives of victims of the Sandy Hook Elementary School shooting in Connecticut. Jones repeatedly called the 2012 shooting that killed 20 children and six educators a hoax staged by actors and aimed at increasing gun control. Most of the proceeds from the sale of Infowars, as well as many of Jones' personal assets, will go to the Sandy Hook families to help satisfy judgments issued by juries and judges in state courts in Connecticut and Texas. Some proceeds will go to Jones' other creditors. The Onion, which wants to turn Infowars' website and social media accounts into parodies , offered $1.75 million for Infowars' assets in the auction, while First United American Companies — which runs a website in Jones’ name that sells nutritional supplements — bid $3.5 million. The Onion's bid also included a pledge by many of the Sandy Hook families to forgo some or all of the auction proceeds due to them to give other creditors a total of $100,000 more than they would receive under other bids. The trustee, Christopher Murray, chose The Onion, saying its proposal was better for creditors because they would receive more money. Joshua Wolfshohl, an attorney for Murray, told the judge Monday that no wrongdoing occurred during the auction. He called the complaints by Jones and First United American Companies unfounded. “The vast majority of their complaints are just fantastic, imagined conspiracy theories that have no basis in reality," he said. Jones' lawyer, Ben Broocks, questioned Murray's rationale for choosing The Onion and alleged that a recent deposition of the trustee showed improprieties. He also questioned the validity of The Onion's bid, saying it was technically valued at $7 million because of the incentive offered by the Sandy Hook families. An auction company executive involved in the sale testified most of the afternoon. In court filings, Jones and First United American Companies accused Murray, The Onion and the Sandy Hook families of illegally colluding on the bidding, committing fraud and violating the judge's rules for the auction. Murray, The Onion and the families deny the allegations. In his own court filing, Murray called the allegations “a disappointed bidder’s improper attempt to influence an otherwise fair and open auction process.” Up for sale at the auction were all the equipment and other assets in the Infowars studio in Austin, Texas, as well as its social media accounts, websites, video archive and product trademarks. Jones uses the studio to broadcast his far-right, conspiracy theory-filled shows on the Infowars website, his account on the social platform X and radio stations. Jones has set up another studio, websites and social media accounts in case The Onion wins approval to buy Infowars and kicks him out. Jones has said he could continue using the Infowars platforms if the auction winner is friendly to him. Jones is appealing the $1.5 billion in judgments citing free speech rights but has acknowledged that the school shooting happened . On Friday, a Connecticut appeals court reduced by $150 million the original $1.44 billion judgment against Jones in the lawsuit against him in that state, but upheld the rest of the award. Jones' lawyer said he will ask Connecticut's highest court to review the appellate ruling. Jones is also appealing a $50 million judgment in a similar Texas defamation lawsuit.LA Galaxy defeat New York Red Bulls to take home record sixth MLS Cup
EXCLUSIVE Taylor Swift's reaction to Matty Healy's 'gross' behavior after Azealia Banks outburst READ MORE: Matty Healy packs on PDA with his fiancée Gabbriette in Sydney By JAMES VITUSCKA and EMMA POWELL FOR DAILYMAIL.COM Published: 19:22, 7 December 2024 | Updated: 20:05, 7 December 2024 e-mail 15 shares 23 View comments Taylor Swift was 'disappointed' by former fling Matty Healy 's aggressive online spat with Azealia Banks, claim friends close to the star who said she was 'shocked' that he threatened assault . The 1975 frontman, 35, engaged in yet another fiery back-and-forth with the controversial rapper on Tuesday in which he boasted about wanting to 'slap' Azealia after she made public remarks about him and his fiancée Gabbriette Bechtel . He tweeted: 'Talk to me like that I’m not gonna side eye you at an awards do I'll f****** slap you so hard I'll get a Guinness world record for the highest a rat some bitch calls a wig has ever flown.' His threat of physical violence towards the female hitmaker sparked outcry, with insiders claiming that for Taylor, it helped to 'reaffirm' why their relationship was never more than a brief romance. 'There is a reason why Taylor didn’t get deeply involved with him after her split from Joe Alwyn ,' a source told DailyMail.com exclusively. 'She has known Matty a very long time and she had worked with him professionally, but she is no longer in communication with him. Taylor Swift was 'disappointed' by former fling Matty Healy's aggressive online spat with controversial rapper Azealia Banks, claim friends close to the star Matty, 35, engaged in a fiery back-and-forth with the controversial rapper in which he boasted about wanting to 'slap' her after she made remarks about him and his fiancée Gabbriette Bechtel 'In no way should a man ever threaten to harm a woman, or anyone else for that matter.' They continued: 'He is facing demons clearly. Taylor knows his family as well and everyone just really hopes that he gets the help he needs before it is too late.' A second source added: 'Taylor is disappointed by Matty’s recent behavior and it has kind of reaffirmed that moving on from him was the right decision. 'She was shocked that he threatened to assault Azealia.' The drama kicked off when Azealia criticized Charlie XCX, the pop superstar fiancée of Matty's 1975 bandmate George Daniel. 'Charli used to be sooo pretty. Ugh,' she wrote. Matty fired back with the scathing response: 'All the women you attack seem to be culturally relevant, attractive, divisive and NICE people. I think this makes you jealous cos you're so talented but everything else about you is a failure. Just rap bro.' He then came to the defense of his own fiancée, as he ranted: 'And on that point if I see one little s**t bag twitter barista say ONE thing about my Gabi, EVER, I will use my mental illness to full affect and I will dox and f**k you up. I’m so over pretending to have different standards online cos it’s ’not real’. Well, a f***in slap is.' His threat of physical violence sparked outcry, with insiders claiming that for Taylor, it helped to 'reaffirm' why their relationship was never more than a brief romance 'There is a reason why Taylor didn’t get deeply involved with him after her split from Joe Alwyn ,' a source told DailyMail.com exclusively. However, an unimpressed Azealia responded by insulting both Gabriette and Matty, as she savagely replied: 'The b***h look[s] like Frankenstein to me. You both look like you share needles. Lmao.' An enraged Matty then issued a wildly dramatic threat, tweeting: 'Talk to me like that I’m not gonna side eye you at an awards do I'll f******slap you so hard I'll get a Guiness world record for the highest a rat some bitch calls a wig has ever flown.' Recognizing the inappropriate nature of his outburst, the singer quickly backtracked, and wrote: 'Nah I can't be saying I'm gonna hit a girl that's insane I'm sorry. You just can't keep being so mean about my mates and my mrs it's really hurtful gets me well defensive.' After Azealia threatened to sue Matty over his threat of physical violence, he later issued a groveling apology on the Reddit page for The 1975, telling fans he had 'let himself down' and that he felt 'gross' for having 'acted violent.' He wrote: 'What a bad day, I really let myself down. I have worked so hard to move past these impulsive self destructive and honestly quite volatile outbursts I have. 'I’m constantly making trouble for myself for no reason, I come back to social media after depressive episodes (which is NOT an excuse) because I often become sober, so as an addict when I’m not using I pick up social media my new way of "consuming" and changing how I feel. 'I just feel dreadful about how I acted violent – I think Azealia and all obvious flawed people all deep down have a heart and I hate that I have contributed to her mental fragility. She’s a human. 'This cultural discourse has become so violent in general. I don’t wanna act like I regret who I am or who have been. But Tbh at this point I feel gross even having said anything negative ever about anything – if it’s contributed to this culture.' Recognizing the inappropriate nature of his outburst, Matty quickly backtracked on his comments and apologized to fans for his words Matty and Gabbriette have been linked since September 2023, when they were spotted packing on the PDA in New York City , shortly after his well-publicized split from Taylor Swift in June that year. The couple went on to announce their engagement in June 2024 after a whirlwind nine month romance, with Gabbriette showing off her black diamond ring on Instagram. Despite the short relationship Taylor shared with Matty, the musician became the surprising focus on a number of songs on her latest album The Tortured Poets Department, which dropped in April. Taylor, who is dating Travis Kelce, is widely believed to take aim at him in the songs The Smallest Man Who Ever Lived and Fortnight (feat. Post Malone) among others, prompting renewed fan scrutiny of the period they dated. Weeks later, Matty seemingly made a sly dig towards the hitmaker's choice to write songs about her past romances, calling it such 'an obvious thing to draw from,' that he finds 'not interesting.' Appearing on Joshua Citarella’s podcast Doomscroll, Matty declared he didn't want to write about his flings that he's 'become known for.' He said: 'Last year I became a way more well-known public figure for loads of different reasons. The only reason that I was interested in is kind of like, what I was doing. 'So I think that a lot of artists, they become very interested in their lore, or they become interested in the things that have happened outside of their art that people know about, and they want to address that, and fair enough.' He subsequently deleted the threatening tweet, acknowledging it 'was not cool even if I was angry' Azealia had made unkind comments about Matty and his fiancée Gabbriette which prompted Matty to issue his wildly dramatic threat The drama unfolded when Azealia first criticized Charli XCX, pop superstar and fiancée of Matty's 1975 bandmate George Daniel He went on: 'Maybe on my first record, when it was very much a series of journal entries, like little bits of heartache, I used to write about relationships a lot more and stuff like that. 'But honestly I would kind of just be lying if I made a record about, I don’t know, all the stuff that was said about me or my casual romantic liaisons or whatever it may be, that I’ve kind of become known for just because I was famous.' Subtly hitting out at artists who use their romances for inspiration, he added: 'I think that that’s an obvious thing to draw from and I’m just not interested in it. And I think the maintenance of the status quo is something that I always like fight against. 'So, the idea of making a record about something that personally happened to me, that by the time I put it out is gonna be like two years old. I see people doing that as well, and it’s not interesting.' Taylor has famously written a number of songs that are believed to be about her past romantic partners, including Harry Styles, Jake Gyllenhaal, John Mayer and Joe Jonas. Her 11th album, The Tortured Poets Department, made references to current boyfriend Travis Kelce, as well as exes Joe and Matty. Taylor Swift Share or comment on this article: Taylor Swift's reaction to Matty Healy's 'gross' behavior after Azealia Banks outburst e-mail 15 shares Add comment