Billboard announced a shocker today: Taylor Swift tapped in at #2 in the race of greatest pop star of the century and Swifties are over the moon. With competition from the likes of Usher, Drake, Katy Perry, Rihanna, Lady Gaga, and Adele out of the way due to lower rankings on the tally, it was presumed that Taylor Swift and Beyonce would be the finalists duking it out for the top two spots. Taylor Swift tapped in at #2 With the first position yet to be decided, fans are hooked to social media and waiting for the announcement. The anticipation between Taylor and Beyonce has been surfacing all over social media and netizens have been eagerly waiting for the big announcements. She is the only person to ever win album of the year at the Grammys four times. She has the second-most Billboard Hot 100 entries of all time (only Drake has more) and ties with Jay-Z for second-most No. 1 albums on the Billboard 200 (bested only by The Beatles). Taylor's Eras Tour Earlier, during her Toronto show, Taylor received a minutes-long standing ovation after performing Champagne Problems and this left her in tears on stage, reported People. In a video shared by a fan on social media, Swift can be heard telling her fans on stage, "Toronto, we're at the very end of this tour so you doing that, you have no idea how much it means to me and to my ..." "This tour ... I don't even know what I'm saying anymore. That was ... uh, I'm just having a bit of a moment so ..." Swift then paused, and wiped tears from her face as the audience clapped and cheered for her. Get Latest News Live on Times Now along with Breaking News and Top Headlines from Hollywood, Entertainment News and around the world.Dehradun, Nov 24 (PTI) Uttarakhand Chief Minister Pushkar Singh Dhami on Sunday announced that the film 'The Sabarmati Report' will be exempted from entertainment tax across the state. Uttarakhand is the seventh BJP-ruled state to have made the film tax-free after Uttar Pradesh, Haryana, Rajasthan, Chhattisgarh, Madhya Pradesh, and Gujarat. Also Read | Ajit Pawar To Replace Eknath Shinde As Next Maharashtra CM? NCP Leader Chhagan Bhujbal Replies. The film, directed by Dheeraj Saran, is based on the 2002 Godhra riots and was released in cinemas on November 15. It stars Vikrant Massey, Raashii Khanna and Ridhi Dogra in pivotal roles. Dhami, after watching the film said, "59 Ram devotees who boarded from Ayodhya were travelling in the Sabarmati Express train and it was set on fire at Godhra station, due to which they died untimely. There was less investigation and more politics in the matter. The truth did not come out." Also Read | Parliament Winter Session 2024: Government Open To Discuss All Issues, Says Union Minister Kiren Rijiju. He praised the film producer Ekta Kapoor and the entire team for bringing out the truth and said that back then the "urban naxal media propagated the incident as a lie". He appealed to everyone to watch the film. (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)GSA Capital Partners LLP Has $277,000 Stake in Sun Communities, Inc. (NYSE:SUI)
Blood Pressure Checks: 10am-11:30am. Every 2nd Wednesday of the month | Hallway by the Office | Bevin Morrell, LPN, Rehab Liaison with Encompass Health. Blood Pressure Checks: 10am-11:30am. Every 3rd Wednesday of the month | Hallway by the Office | Chelsey Herron, Health & Wellness Director with Brookdale Rock Springs. No sign-up required. Stroke Support Group: 11:30am-12:30pm. Every 2nd Wednesday of the month | Lounge | Bevin Morrell, LPN, Rehab. Liaison with Encompass Health: The Rehabilitation Hospital of Kingsport. Providing education, encouragement and support for stroke survivors, families and caregivers. Sign up in Office or by calling 423-392-8400. Grief Share Program: 9:30am-11:30am. Every 3rd Wednesday of the month | Card Room | Gabe Manis, M.Div., Hospice Chaplain with Suncrest Hospice | The Grief Share Program is offered to our members who have experienced the death of a family member, or a friend. The program is helpful on how to deal with emotions, tips on surviving social events, and how to find hope for the future. Sign up in Office or by calling 423-392-8400. Caregiver Support Group: Will not meet in December due to the holidays. The next meeting will be 10am–11am on Wednesday, Jan 22, 2025 and Every 4th Wednesday of the month in the Multipurpose Room. Wellness Seminar “Memory and Brain Health”: Will not meet in December due to the holidays. The next meeting will be 2pm–3pm Thursday, Jan 23, 2025 and every 4th Thursday of the month in the Multipurpose Room. Wellness Seminar “Adult Day Care”: 11am. Tuesday, Dec 3 | Card Room | Michelle Bolling will discuss all the service that will be provided at Kingsport Adult Day Care. Snacks and Coffee will be provided to the members who attend. Sign up in Office or by calling 423-392-8400. Wellness Seminar “The Ear Tour”: 10am-12noon. Wednesday, Dec 4 | Multipurpose Room | Aubri Stogsdill, Hearing Instrument Tech with Acuity Hearing Center | Do you hear, but not understand? It may be wax! Join Acuity Hearing Center for a painless and fascinating experience. Aubri will use a tiny video Otoscope Camera to look inside your ear. This allows the specialist to determine if wax is blocking the ear canal, causing sound to be muffled and you will see all the way to your eardrum on a video monitor! Sign up in Office or by calling 423-392-8400. Parks & Recreation Youth Basketball: 6pm. | Tue, Wed, and Thu | Gym | Parks & Recreation Youth Basketball play will continue from Dec 3 – Dec 19. All Senior Center activities on these days will stop at 5:30pm so any gear can be put away and the youth basketball goals can be attached on basketball goals. Sorry for any inconvenience. Mary Kay Pampering Session: 10am. Wednesday, Dec 11 | Multipurpose Room | Jessica Cain with Mary Kay | Reset and de-stress while enjoying a Sugar Lip Scrub and Lip Balm treatment “Satin Lips” as well as a Hydrating Hand Treatment “Satin Hands”. Sign up in the Office or by calling 423-392-8400, there is a limit of 15 seats available. Neuro Yoga: 1pm-2pm. Friday, Dec 6 & 20 | Room 302 | Kristie Nies, PhD. Neuropsychologist & Registered Yoga Teacher | Neuro Yoga is chair based yoga for brain health, which will build resilience, improve mood, reduce pain, and reduce stress. Cost is free to our members, no yoga experience is required. Sign up in the Office or by calling 423-392-8400. Neuro Yoga: 1pm-2pm. Wednesday, Jan 8, 2025 | Room 302 | Kristie Nies, PhD. Neuropsychologist & Registered Yoga Teacher | Neuro Yoga is chair based yoga for brain health, which will build resilience, improve mood, reduce pain, and reduce stress. Cost is free to our members, no yoga experience is required. Sign-ups will be weekly in the Office or by calling 423-392-8400. Cornhole Tournament, 1pm. Friday, December 13 | Gym | The tournament will be doubles playing the best three games, with double elimination. Cost is Free. Prizes will be awarded to 1st, 2nd, and 3rd place only, sponsored by Theresa Redmond, Assistant Director of Sales with The Blake at Kingsport. We will need at least 12 to sign up for tournament to be played. Sign up in the Office or by calling 423-392-8400, with a deadline to sign-up by close of business Wed, Dec 11. Billiards Tournament: 9:30am. Wednesday, Jan 29, 2025 | Billiards Room | This will be an 8-ball tournament singles play best of three games with double elimination. Cost is free. Prizes will be awarded to 1st, 2nd, and 3rd place only, sponsored by Kim Howell, Marketing Liaison with Visiting Angels. NOTE: We will play on all four tables in billiards room. Sign-ups start on Thu, Dec 19 in the Office or by calling 423-392-8400, with a deadline to sign up by close of business on Mon, Jan 27, 2025. Woodshop Safety Orientation: 9am. Monday, Dec 2 | Woodshop | Every 1st Monday of the Month. If you are interested in working in the Woodshop you must be a member of the Senior Center, and complete the Safety Orientation. Stop by the Woodshop or call 423-392-8407 to sign-up. NOTE: Wood Shop Hours are Mon, Tue, & Wed from 8am-3pm. Basic Woodworking Class: 9am–2pm. Thursday & Friday, Jan 16, 17, 23, 24, 30, & 31, 2025 | Wood Shop | Larry Eidson, and Ron Grooms will be teaching a 6 — Session Basic Woodworking Class. Cost is $175.00, which covers all your materials; with $87.50 due on first day of class paid to the instructors and the final payment is due on the last day. This class will cover all the Safety Requirements to work in the Woodshop and teach you how to use the equipment the correct way. You will make a Two Cutting Boards (1-End Grain & 1-Face Grain, and a Cheese Slicer. Sign-ups start Thu, Dec 5 in the Office or by calling 423-392-8400. Class is limited to 10 people with a minimum of 8 to sign up for class to be held. National Influenza Vaccination Week is observed between December 6 and 12 as a gentle reminder for you to stay protected in the upcoming winter months. If you haven’t already taken your vaccination shot, it’s not too late. We encourage you to get your dose as early as possible. The season for flu is quite unpredictable; it can begin as early as fall and last up to spring. Conventionally, flu activity is at its peak during winter, and so public healthcare professionals, advocates, and communities join hands to promote flu vaccination. Many people tend to show a cavalier attitude toward flu, dismissing it as a bad cold. But it’s more than that. It can cause serious health complications, such as bacterial infections or pneumonia, and can get you admitted to a hospital. If not treated at the right time, the flu can even lead to death. TN Lady Vols Basketball: We will depart at 9:15am. Sunday, February 16, 2025 for the Lady Vols vs. Ole Miss Game. This game we will be seating in Section 116. Cost is $54 which includes your game ticket and transportation. Game time is 12noon and we will be able to get in at 11am. Sign-ups will start on Thu, Jan 9, 2025 in the Office. We have 46 tickets available and a (2) ticket limit per-person. Lunch is on your own at Aubrey’s Restaurant after the game.Janet Yellen tells Congress US could hit debt limit in mid-JanuaryNone
PRINCESS ANNE, Md. (AP) — Ketron Shaw scored 30 points to lead Maryland Eastern Shore past Bryn Athyn 91-65 on Saturday. Shaw also contributed seven rebounds and six assists for the Hawks (2-11), who ended a seven-game slide with the win. Chris Flippin added 22 points and five rebounds. Evan Johnson had 14 points. Isaac Marshall and Jalen Cary both scored 15 to lead the Lions. Jalen Parker had 14 points, two steals and two blocks. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Trump declined to sign a separate agreement to give his team access to secure offices and email accounts.David Koch: Time to declutter your life admin for 2025
US President-elect Donald Trump filed a brief on Friday urging the Supreme Court to pause a law that would ban TikTok the day before his January 20 inauguration if it is not sold by its Chinese owner ByteDance. "In light of the novelty and difficulty of this case, the court should consider staying the statutory deadline to grant more breathing space to address these issues," Trump's legal team wrote, to give him "the opportunity to pursue a political resolution." Trump was fiercely opposed to TikTok during his 2017-21 first term, and tried in vain to ban the video app on national security grounds. Trump called for a US company to buy TikTok, with the government sharing in the sale price, and his successor Joe Biden went one stage further - signing a law to ban the app for the same reasons. Trump has now, however, reversed course. "Now (that) I'm thinking about it, I'm for TikTok, because you need competition," he recently told Bloomberg. "If you don't have TikTok, you have Facebook and Instagram -- and that's, you know, that's Zuckerberg." Facebook, founded by Mark Zuckerberg and part of his Meta tech empire, was among the social media networks that banned Trump after attacks by his supporters on the US Capitol on January 6, 2021. The ban was driven by concerns that he would use the platform to promote more violence. Those bans on major social media platforms were later lifted. In the brief filed on Friday, Trump's lawyer made it clear the president-elect did not take a position on the legal merits of the current case. "President Trump takes no position on the underlying merits of this dispute," John Sauer wrote in the amicus curiae - or "friend of the court" - brief. "Instead, he respectfully requests that the court consider staying the act's deadline for divestment of January 19, 2025, while it considers the merits of this case, thus permitting President Trump's incoming Administration the opportunity to pursue a political resolution of the questions at issue in the case." (AFP)Falslev scores 27 as Utah State beats South Florida 88-67 for best start in school history 10-0Mika Dawson scores 27 to lead Marshall past Ohio 79-70DENVER (AP) — Travis Hunter made a pair of proclamations Thursday: He’s for sure entering the NFL draft after this season, but not until he sees Colorado all the way through the College Football Playoff — if the Buffaloes make it there. The first was already a given for the draft-eligible junior who plays both receiver and cornerback. The second is a risk-reward play for a projected high first-round pick who averages around 120 snaps a game. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
- Raising the mid-points of billings, revenue, margins, earnings per share, and free cash flow guidance ranges. - Janesh Moorjani appointed as chief financial officer. SAN FRANCISCO , Nov. 26, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the third quarter of fiscal 2025. All growth rates are compared to the third quarter of fiscal 2024, unless otherwise noted. A reconciliation of GAAP to non-GAAP results is provided in the accompanying tables. For definitions, please view the Glossary of Terms later in this document. Third Quarter Fiscal 2025 Financial Highlights "Autodesk is leading the industry in modernizing its go-to-market motion. These initiatives enable us to build larger and more durable direct relationships with our customers and to serve them more efficiently. We have already seen significant benefits from these optimization initiatives and there's more to come in the next phase," said Andrew Anagnost , Autodesk president and CEO. "We will continue to deploy capital to offset and buy forward dilution, a practice which has reduced our share count over the last three years, and have significantly extended the duration of our repurchase program by increasing our stock repurchase authorization. Our goal is to deliver sustainable shareholder value over many years." "We generated broad-based underlying growth across products and regions. Overall, macroeconomic, policy, and geopolitical challenges, and the underlying momentum of the business, were consistent with the last few quarters with continued strong renewal rates and headwinds to new business growth," said Betsy Rafael , Autodesk interim CFO. "Given Autodesk's sustained momentum in the third quarter, and smooth launch of the new transaction model in Western Europe , we are raising the midpoints of our billings, revenue, margins, earnings per share, and free cash flow guidance ranges." Additional Financial Details Third Quarter Fiscal 2025 Business Highlights Net Revenue by Geographic Area Three Months Ended October 31, 2024 Three Months Ended October 31, 2023 Change compared to prior fiscal year Constant currency change compared to prior fiscal year (In millions, except percentages) $ % % Net Revenue: Americas U.S. $ 579 $ 520 $ 59 11 % * Other Americas 126 120 6 5 % * Total Americas 705 640 65 10 % 11 % EMEA 580 516 64 12 % 13 % APAC 285 258 27 10 % 14 % Total Net Revenue $ 1,570 $ 1,414 $ 156 11 % 12 % ____________________ * Constant currency data not provided at this level. Net Revenue by Product Family Our product offerings are focused in four primary product families: Architecture, Engineering and Construction ("AEC"), AutoCAD and AutoCAD LT, Manufacturing ("MFG"), and Media and Entertainment ("M&E"). Three Months Ended October 31, 2024 Three Months Ended October 31, 2023 Change compared to prior fiscal year (In millions, except percentages) $ % AEC $ 751 $ 675 $ 76 11 % AutoCAD and AutoCAD LT 398 372 26 7 % MFG 307 269 38 14 % M&E 83 73 10 14 % Other 31 25 6 24 % Total Net Revenue $ 1,570 $ 1,414 $ 156 11 % Business Outlook The following are forward-looking statements based on current expectations and assumptions, and involve risks and uncertainties, some of which are set forth below under "Safe Harbor Statement." Autodesk's business outlook for the fourth quarter and full-year fiscal 2025 considers the current economic environment and foreign exchange currency rate environment. A reconciliation between the fiscal 2025 GAAP and non-GAAP estimates is provided below or in the tables following this press release. Fourth Quarter Fiscal 2025 Q4 FY25 Guidance Metrics Q4 FY25 (ending January 31, 2025) Revenue (in millions) $1,623 - $1,638 EPS GAAP $1.21 - $1.27 EPS non-GAAP (1) $2.10 - $2.16 ____________________ (1) Non-GAAP earnings per diluted share excludes $0.85 related to stock-based compensation expense, $0.17 for the amortization of both purchased intangibles and developed technologies, and $0.05 for acquisition-related costs, partially offset by ($0.18) related to GAAP-only tax charges. Full Year Fiscal 2025 FY25 Guidance Metrics FY25 (ending January 31, 2025) Billings (in millions) $5,900 - $5,980 Up 14% - 15% Revenue (in millions) (1) $6,115 - $6,130 Up approx. 11% GAAP operating margin 21.5% - 22% Non-GAAP operating margin (2) 35.5% - 36% EPS GAAP $4.95 - $5.01 EPS non-GAAP (3) $8.29 - $8.35 Free cash flow (in millions) (4) $1,470 - $1,500 ____________________ (1) Excluding the impact of foreign currency exchange rates and hedge gains/losses, revenue guidance range would be approximately 1 percentage point higher. (2) Non-GAAP operating margin excludes approximately 11% related to stock-based compensation expense, approximately 2% for the amortization of both purchased intangibles and developed technologies, and approximately 1% related to acquisition-related costs. (3) Non-GAAP earnings per diluted share excludes $3.15 related to stock-based compensation expense, $0.61 for the amortization of both purchased intangibles and developed technologies, $0.23 related to acquisition-related costs, and $0.04 related to losses on strategic investments, partially offset by ($0.69) related to GAAP-only tax charges. (4) Free cash flow is cash flow from operating activities less approximately $30 million of capital expenditures. The fourth quarter and full-year fiscal 2025 outlook assume a projected annual effective tax rate of 20 percent and 19 percent for GAAP and non-GAAP results, respectively. Shifts in geographic profitability continue to impact the annual effective tax rate due to significant differences in tax rates in various jurisdictions. Therefore, assumptions for the annual effective tax rate are evaluated regularly and may change based on the projected geographic mix of earnings. Earnings Conference Call and Webcast Autodesk will host its third quarter conference call today at 5 p.m. ET . The live broadcast can be accessed at autodesk.com/investor . A transcript of the opening commentary will also be available following the conference call. A replay of the broadcast will be available at 7 p.m. ET at autodesk.com/investor . This replay will be maintained on Autodesk's website for at least 12 months. Investor Presentation Details An investor presentation, Excel financials and other supplemental materials providing additional information can be found at autodesk.com/investor . Key Performance Metrics To help better understand our financial performance, we use several key performance metrics including billings, recurring revenue and net revenue retention rate. These metrics are key performance metrics and should be viewed independently of revenue and deferred revenue. These metrics are not intended to be combined with those items. We use these metrics to monitor the strength of our recurring business. We believe these metrics are useful to investors because they can help in monitoring the long-term health of our business. Our determination and presentation of these metrics may differ from that of other companies. The presentation of these metrics is meant to be considered in addition to, not as a substitute for or in isolation from, our financial measures prepared in accordance with GAAP. Glossary of Terms Billings: Total revenue plus the net change in deferred revenue from the beginning to the end of the period. Cloud Service Offerings : Represents individual term-based offerings deployed through web browser technologies or in a hybrid software and cloud configuration. Cloud service offerings that are bundled with other product offerings are not captured as a separate cloud service offering. Constant Currency (CC) Growth Rates: We attempt to represent the changes in the underlying business operations by eliminating fluctuations caused by changes in foreign currency exchange rates as well as eliminating hedge gains or losses recorded within the current and comparative periods. We calculate constant currency growth rates by (i) applying the applicable prior period exchange rates to current period results and (ii) excluding any gains or losses from foreign currency hedge contracts that are reported in the current and comparative periods. Design Business: Represents the combination of maintenance, product subscriptions, and all EBAs. Main products include, but are not limited to, AutoCAD, AutoCAD LT, Industry Collections, Revit, Inventor, Maya and 3ds Max. Certain products, such as our computer aided manufacturing solutions, incorporate both Design and Make functionality and are classified as Design. Enterprise Business Agreements (EBAs): Represents programs providing enterprise customers with token-based access to a broad pool of Autodesk products over a defined contract term. Flex: A pay-as-you-go consumption option to pre-purchase tokens to access any product available with Flex for a daily rate. Free Cash Flow: Cash flow from operating activities minus capital expenditures. Industry Collections: Autodesk Industry Collections are a combination of products and services that target a specific user objective and support a set of workflows for that objective. Our Industry Collections consist of: Autodesk Architecture, Engineering and Construction Collection, Autodesk Product Design and Manufacturing Collection, and Autodesk Media and Entertainment Collection. Maintenance Plan: Our maintenance plans provide our customers with a cost effective and predictable budgetary option to obtain the productivity benefits of our new releases and enhancements when and if released during the term of their contracts. Under our maintenance plans, customers are eligible to receive unspecified upgrades when and if available, and technical support. We recognize maintenance revenue over the term of the agreements, generally one year. Make Business: Represents certain cloud-based product subscriptions. Main products include, but are not limited to, Assemble, Autodesk Build, BIM Collaborate Pro, BuildingConnected, Fusion, and Flow Production Tracking. Certain products, such as Fusion, incorporate both Design and Make functionality and are classified as Make. Net Revenue Retention Rate (NR3): Measures the year-over-year change in Recurring Revenue for the population of customers that existed one year ago ("base customers"). Net revenue retention rate is calculated by dividing the current quarter Recurring Revenue related to base customers by the total corresponding quarter Recurring Revenue from one year ago. Recurring Revenue is based on USD reported revenue, and fluctuations caused by changes in foreign currency exchange rates and hedge gains or losses have not been eliminated. Recurring Revenue related to acquired companies, one year after acquisition, has been captured as existing customers until such data conforms to the calculation methodology. This may cause variability in the comparison. Other Revenue: Consists of revenue from consulting, and other products and services, and is recognized as the products are delivered and services are performed. Product Subscription: Provides customers a flexible, cost-effective way to access and manage 3D design, engineering, and entertainment software tools. Our product subscriptions currently represent a hybrid of desktop and cloud functionality, which provides a device-independent, collaborative design workflow for designers and their stakeholders. Recurring Revenue: Consists of the revenue for the period from our traditional maintenance plans, our subscription plan offerings, and certain Other revenue. It excludes subscription revenue related to third-party products. Recurring revenue acquired with the acquisition of a business is captured when total subscriptions are captured in our systems and may cause variability in the comparison of this calculation. Remaining Performance Obligations (RPO): The sum of total short-term, long-term, and unbilled deferred revenue. Current remaining performance obligations is the amount of revenue we expect to recognize in the next twelve months. Solution Provider : Solution Provider is the name of our channel partners who primarily serve our new transaction model customers worldwide. Solution Providers may also be resellers in relation to Autodesk solutions. Spend : The sum of cost of revenue and operating expenses. Subscription Plan: Comprises our term-based product subscriptions, cloud service offerings, and EBAs. Subscriptions represent a combined hybrid offering of desktop software and cloud functionality which provides a device-independent, collaborative design workflow for designers and their stakeholders. With subscription, customers can use our software anytime, anywhere, and get access to the latest updates to previous versions. Subscription Revenue: Includes our cloud-enabled term-based product subscriptions, cloud service offerings, and flexible EBAs. Unbilled Deferred Revenue: Unbilled deferred revenue represents contractually stated or committed orders under early renewal and multi-year billing plans for subscription, services, and maintenance for which the associated deferred revenue has not been recognized. Under FASB Accounting Standards Codification ("ASC") Topic 606, unbilled deferred revenue is not included as a receivable or deferred revenue on our Condensed Consolidated Balance Sheet. Safe Harbor Statement This press release contains forward-looking statements that involve risks and uncertainties, including quotations from management, statements in the paragraphs under "Business Outlook" above statements about our short-term and long-term goals, statements regarding our strategies, market and product positions, performance and results, and all statements that are not historical facts. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our strategy to develop and introduce new products and services and to move to platforms and capabilities, exposing us to risks such as limited customer acceptance (both new and existing customers), costs related to product defects, and large expenditures; global economic and political conditions, including changes in monetary and fiscal policy, foreign exchange headwinds, recessionary fears, supply chain disruptions, resulting inflationary pressures and hiring conditions; geopolitical tension and armed conflicts, and extreme weather events; costs and challenges associated with strategic acquisitions and investments; our ability to successfully implement and expand our transaction model; dependency on international revenue and operations, exposing us to significant international regulatory, economic, intellectual property, collections, currency exchange rate, taxation, political, and other risks, including risks related to the war against Ukraine launched by Russia and our exit from Russia and the current conflict between Israel and Hamas; inability to predict subscription renewal rates and their impact on our future revenue and operating results; existing and increased competition and rapidly evolving technological changes; fluctuation of our financial results, key metrics and other operating metrics; our transition from up front to annual billings for multi-year contracts; deriving a substantial portion of our net revenue from a small number of solutions, including our AutoCAD-based software products and collections; any failure to successfully execute and manage initiatives to realign or introduce new business and sales initiatives, including our new transaction model for Flex; net revenue, billings, earnings, cash flow, or new or existing subscriptions shortfalls; social and ethical issues relating to the use of artificial intelligence in our offerings; our ability to maintain security levels and service performance meeting the expectations of our customers, and the resources and costs required to avoid unanticipated downtime and prevent, detect and remediate performance degradation and security breaches; security incidents or other incidents compromising the integrity of our or our customers' offerings, services, data, or intellectual property; reliance on third parties to provide us with a number of operational and technical services as well as software; our highly complex software, which may contain undetected errors, defects, or vulnerabilities; increasing regulatory focus on privacy issues and expanding laws; governmental export and import controls that could impair our ability to compete in international markets or subject us to liability if we violate the controls; protection of our intellectual property rights and intellectual property infringement claims from others; the government procurement process; fluctuations in currency exchange rates; our debt service obligations; and our investment portfolio consisting of a variety of investment vehicles that are subject to interest rate trends, market volatility, and other economic factors. Our estimates as to tax rate are based on current interpretations of existing tax law and could be affected by changing interpretations, further guidance, and additional tax legislation. Further information on potential factors that could affect the financial results of Autodesk are included in Autodesk's Form 10-K and subsequent Forms 10-Q, which are on file with the U.S. Securities and Exchange Commission. Autodesk disclaims any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. About Autodesk The world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit autodesk.com or follow @autodesk. #MakeAnything Autodesk uses its investors.autodesk.com website as a means of disclosing material non-public information, announcing upcoming investor conferences and for complying with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website in addition to following our press releases, SEC filings and public conference calls and webcasts. Autodesk, AutoCAD, AutoCAD LT, BIM 360 and Fusion 360 are trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and service offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document. © 2024 Autodesk, Inc. All rights reserved. Autodesk, Inc. Condensed Consolidated Statements of Operations (In millions, except per share data) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 (Unaudited) (Unaudited) Net revenue: Subscription $ 1,457 $ 1,314 $ 4,195 $ 3,777 Maintenance 9 12 31 40 Total subscription and maintenance revenue 1,466 1,326 4,226 3,817 Other 104 88 266 211 Total net revenue 1,570 1,414 4,492 4,028 Cost of revenue: Cost of subscription and maintenance revenue 105 94 305 285 Cost of other revenue 19 21 57 62 Amortization of developed technologies 23 12 62 34 Total cost of revenue 147 127 424 381 Gross profit 1,423 1,287 4,068 3,647 Operating expenses: Marketing and sales 525 439 1,474 1,344 Research and development 378 339 1,092 1,021 General and administrative 161 165 477 438 Amortization of purchased intangibles 13 10 37 31 Total operating expenses 1,077 953 3,080 2,834
Sportscaster Greg Gumbel dies from cancer at age 78A series of drone sightings over New Jersey that began in mid-November has left residents and lawmakers spooked about the possibility of foreign adversaries breaching US airspace with drone swarms. While officials have attempted to reassure the public, some lawmakers have stoked fear , leading to widespread panic on social media, with people interpreting anything moving in the night sky as a potential drone (even commercial jets and stars). Days ago, the FBI and the US Homeland Security Department released a statement indicating, "We have no evidence at this time that the reported drone sightings pose a national security or public safety threat or have a foreign nexus." "Historically, we have experienced cases of mistaken identity, where reported drones are, in fact, manned aircraft," the federal agencies said. White House national security communications adviser John Kirby said many of the purported drone sightings are commercial jets with no evidence of a national security or public safety threat. If actual 'truck-sized' drones (some say Iranian origin) were flying in some of the world's most restricted airspace, let's use common sense—the Pentagon would have scrambled F-22s and F-35s on the East Coast almost immediately. Since that hasn't happened (as far as we know), we can't help but be suspicious about the whole drone situation. Additionally, no private satellite data shows that Iranian drone carriers are parked off the coast; in fact, these vessels are located 7,500 miles away . Let's take a step back and review some of Elon Musk's tweets on X: Sept. 30: "Drone swarm battles are coming that will boggle the mind" Sept. 29: "Epic drone wars coming" Sept. 5, 2023: "The Drone Wars are already a big deal, but we ain't seen nothing yet ..." What did Elon know ahead of time? Even President-elect Trump wrote on the Truth Social platform: "Can this really be happening without our government's knowledge? I don (sic) think so! Let the public know, and now. Otherwise, shot (sic) them down!!! DJT." Fox News reporter Bill Melugin asked Musk on X his thoughts on the situation... "Alien spaceships controlled by Iran obv," Musk replied. Alien spaceships controlled by Iran obv No actual drones have been recovered, and footage on X frequently features amateur videos mistaking drones for commercial aircraft. Furthermore, as far as we know, the FAA has not closed large sections of airspace or diverted planes. While we are not dismissing the possibility of foreign adversary-operated drones breaching heavily restricted airspace, we are pointing out the extraordinary hype on social media (with no substance), which has caused widespread panic with some users on X calling this a "psyop." This is a psyop in and out. I have been tracking flights in and out of the NY, NJ region while these drones were in the sky, and not a single airspace alert or diversion was issued for flights passing overhead. If the US government suspected foreign controlled, possibly hostile,... pic.twitter.com/ilmrqiGKB2 Elon Musk put this out months before the current drone psyop over New Jersey .. Wait for the prepackaged "solution" from this latest government manufactured crisis to come in the form of Elon's Starshield and Peter Thiel's Palantir pic.twitter.com/CMkagUncEH Is this the cause of the drone uproar? The FAA reauthorization act of 2018 expires on Dec 20th. The “replacement” being pushed is a bigger grab at taking our freedoms. New H.R.8610 (Counter-UAS Authority Security, Safety, and Reauthorization Act of 2024) which will include... https://t.co/UtNSGZ2IGY The "FAA Reauthorization Act of 2018" expires on December 20th of this year. So the Federal Government is literally using a terrorism drone mystery psyop against you to manipulate Congress into passing the new H.R.8610 (Counter-UAS Authority Security, Safety, and... Let's say some of these drone sightings were real. Then, maybe... pic.twitter.com/a8NHe1HIJa X user mcm_ct_usa makes the point the purported drone sightings could be a " psyop against you to manipulate Congress into passing the new H.R.8610 (Counter-UAS Authority Security, Safety, and Reauthorization Act of 2024) which will include appropriations and enhanced government powers to control you, and they're even going so far as to use it to push for acts of war against other countries." DRONE MYSTERY SOLVED The "FAA Reauthorization Act of 2018" expires on December 20th of this year. So the Federal Government is literally using a terrorism psyop against you to manipulate Congress into passing the new H.R.8610 (Counter-UAS Authority Security, Safety, and... https://t.co/4to0q3xx15 It's coincidental that last week, a Homeland Security joint subcommittee held a hearing on H.R.8610, the Counter-UAS Authority Security, Safety, and Reauthorization Act . This bill would renew and reform counter-UAS legal authorities and strengthen the FAA's oversight powers of drones. " The reason we need legal authority is that without it, use of the most effective types of drone detection and counter-drone technologies could violate criminal laws , including those that prohibit destroying or disabling aircraft in flight and intercepting signals and communications," said Brad Wiegmann, the DOJ's deputy assistant attorney general for national security. With current drone-countering authorities set to expire on Dec. 20, the sudden surge in purported drone sightings and the accompanying MSM and social media panic might make a bit more sense—as an effort to push for the reauthorization of Orwellian drone laws .
SAN FRANCISCO , Nov. 26, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced the appointment of Janesh Moorjani as the company's chief financial officer, effective December 16, 2024 . Moorjani brings over 20 years of experience in the technology industry, with deep expertise in driving growth and efficiency at scale. Most recently, Moorjani served as CFO and COO of Elastic NV (NYSE: ESTC), the Search AI Company. Reporting to chief executive officer Andrew Anagnost , Moorjani will lead and oversee Autodesk's global finance organization. Moorjani will succeed interim chief financial officer Elizabeth "Betsy" Rafael, who will serve as an advisor to the company through the end of fiscal 2025 and will continue to serve on Autodesk's Board of Directors, resuming her status as an independent director following the transition period and end of her employment by the company. "We are excited to welcome such a high-caliber and seasoned CFO in Janesh," said Andrew Anagnost , president and CEO of Autodesk. "His deep finance and software experience will be instrumental in supporting Autodesk's continued momentum with sustained growth and enhanced profitability. I look forward to partnering with Janesh to drive Autodesk's successful path forward and continue creating additional value for our stockholders. I also thank Betsy for stepping into the interim CFO role at an important time for Autodesk, and for her continued contributions both through the transition and as a qualified and experienced board member moving forward." Moorjani brings strong experience leading dynamic public software companies. He recently was CFO of Elastic since 2017 and assumed the additional responsibilities of COO in 2022. Prior to Elastic, he served in executive and leadership roles at Infoblox, VMware, Cisco, PTC, and Goldman Sachs. He currently serves on the Board of Directors of Cohesity, a leading AI-powered data security and data management company. "I am thrilled to join Autodesk and work with Andrew, the company's strong management team and the Board to capitalize on the compelling growth opportunities we have ahead," said Moorjani. "Autodesk has established a clear leadership position as a technology innovator by providing differentiated and connected solutions that allow customers across industries to design and make anything. I look forward to working with the team to build on Autodesk's strong financial foundation to drive continued growth, profitability and free cash flow to ultimately deliver sustainable stockholder value." ABOUT AUTODESK The world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit autodesk.com or follow @autodesk. #MakeAnything Autodesk is a registered trademark of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and services offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document. SAFE HARBOR STATEMENT This press release contains forward-looking statements that involve risks and uncertainties, including quotations from management, statements regarding our strategies, performance, results, growth, profitability and free cash flow, and all statements that are not historical facts. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our strategy to develop and introduce new products and services and to move to platforms and capabilities, exposing us to risks such as limited customer acceptance (both new and existing customers), costs related to product defects, and large expenditures; global economic and political conditions, including changes in monetary and fiscal policy, foreign exchange headwinds, recessionary fears, supply chain disruptions, resulting inflationary pressures and hiring conditions; geopolitical tension and armed conflicts, and extreme weather events; costs and challenges associated with strategic acquisitions and investments; our ability to successfully implement and expand our transaction model; dependency on international revenue and operations, exposing us to significant international regulatory, economic, intellectual property, collections, currency exchange rate, taxation, political, and other risks, including risks related to the war against Ukraine launched by Russia and our exit from Russia and the current conflict between Israel and Hamas; inability to predict subscription renewal rates and their impact on our future revenue and operating results; existing and increased competition and rapidly evolving technological changes; fluctuation of our financial results, key metrics and other operating metrics; our transition from up front to annual billings for multi-year contracts; deriving a substantial portion of our net revenue from a small number of solutions, including our AutoCAD-based software products and collections; any failure to successfully execute and manage initiatives to realign or introduce new business and sales initiatives, including our new transaction model for Flex; net revenue, billings, earnings, cash flow, or new or existing subscriptions shortfalls; social and ethical issues relating to the use of artificial intelligence in our offerings; our ability to maintain security levels and service performance meeting the expectations of our customers, and the resources and costs required to avoid unanticipated downtime and prevent, detect and remediate performance degradation and security breaches; security incidents or other incidents compromising the integrity of our or our customers' offerings, services, data, or intellectual property; reliance on third parties to provide us with a number of operational and technical services as well as software; our highly complex software, which may contain undetected errors, defects, or vulnerabilities; increasing regulatory focus on privacy issues and expanding laws; governmental export and import controls that could impair our ability to compete in international markets or subject us to liability if we violate the controls; protection of our intellectual property rights and intellectual property infringement claims from others; the government procurement process; fluctuations in currency exchange rates; our debt service obligations; and our investment portfolio consisting of a variety of investment vehicles that are subject to interest rate trends, market volatility, and other economic factors. Further information on potential factors that could affect the financial results of Autodesk are included in Autodesk's Form 10-K and subsequent Forms 10-Q, which are on file with the U.S. Securities and Exchange Commission. Autodesk disclaims any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. View original content to download multimedia: https://www.prnewswire.com/news-releases/autodesk-appoints-janesh-moorjani-as-chief-financial-officer-302316577.html SOURCE Autodesk, Inc.Travelers Companies (NYSE:TRV) Cut to Neutral at Janney Montgomery Scott
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Restaurateur 'King of Mayfair' Richard Caring launching major campaign to help victims of domestic violence By JAMES REYNOLDS Published: 23:52, 26 November 2024 | Updated: 23:59, 26 November 2024 e-mail View comments Victims of domestic violence and abuse will receive a vital lifeline over the festive season - thanks to billionaire restaurant tycoon Richard Caring and his wife Patricia. The couple have teamed up as part of a major campaign to help deliver life-saving change to vulnerable women and children in desperate need. The Caring Family Foundation (TCFF) has pledged a whopping £225,000 in new grants which will be distributed by the end of the year to deliver a massive boost to a string of organisations providing frontline rescue services. It comes as charities are bracing for a spike in cases over the Christmas period when those at risk are often at their most vulnerable. In all, eight organisations will benefit from the cash boost including those who provide specialist services to the most marginalised members of the community. The £225,000 in donations will come as a massive boost to linked organisations (File) Patricia Caring, Richard Caring and children attend The Caring Family Foundation & The Birley Clubs Festive Wonderland at The Dorchester on November 24 Richard Caring, Patricia Caring and children attend The Caring Family Foundation & The Birley Clubs Festive Wonderland at The Dorchester on November 24 Richard Caring and his wife Patricia helping to cook the free meals for children across the UK It means the foundation - set up in 2019 - will have provided £400,000 in domestic abuse services in the past 12 months alone. Mr Caring - dubbed the King of Mayfair - owns The Ivy brasserie chain. His hospitality business empire also includes top-end London restaurants Scott's, J Sheekey and Sexy Fish as well as world-famous private members club Annabel’s. Read More Billionaire restaurateur 'King of Mayfair' Richard Caring to hand out one million free meals Patricia said of the initiative: ‘The services these organisations provide are nothing short of life-changing and life-saving, offering hope and healing to women and children when they need it most. ‘At The Caring Family Foundation, we are deeply committed to supporting local recovery efforts, ensuring these women receive compassionate care and the tools to rebuild their lives. ‘Our vision is a world free from violence against women - a future where every woman and child can thrive without fear or harm.’ The foundation announced the grants to mark this week’s International Day for the Elimination of Violence Against Women (November 24). They said the pledge will help support vital services across the UK and recognises ‘the urgent need to support survivors, especially during the festive season when domestic violence is known to escalate’. According to the foundation, an average of two women lose their lives every week at the hands of a current or former partner in the UK - while police record a domestic abuse offence every 40 seconds. A spokesperson for the foundation said the renewed funding commitment ‘seeks to address this surge in need by providing life-saving resources to domestic abuse organisations’. The domestic abuse fund was first launched last year to support 16 ‘by and for black and minoritised' domestic abuse organisations in partnership with Women's Aid. In the UK in 2023, more than £250,000 was given in grants, benefitting thousands of women and children. The new cash injection will help vital and underfunded UK organisations in the coming weeks - distributed among the eight organisations that offer critical support to women and children fleeing abuse. The foundation said the donations reflect its commitment to ensure survivors ‘can live in safety, with a life free from abuse’. Donations will help fund the National Domestic Abuse Helpline, run by the charity Refuge, which offers emergency support and advice to thousands of survivors experiencing domestic abuse across the UK every year. Other beneficiaries include five Women's Aid member organisations such as Latin American Women’s Aid with funds going towards hiring specialist staff to provide ‘adequate trauma-informed and culturally sensitive services’ to an estimated 96 women in the coming year. Nikki Bradley, director of services at Women’s Aid, said she was ‘delighted’ the five organisations - which face ‘systemic structural inequalities which compound those faced by survivors themselves’ - will receive grants of up to £30,000 each She said: ‘These grants will ensure that the selected organisations are able to support even more survivors and increase the accessibility of their services. ‘Grant funding such as this is vital to breaking down these inequalities and delivering lifesaving change. We look forward to continuing to work with the foundation in this area.’ Another charity to benefit is Karma Nirvana which supports survivors of honour-based violence through a national helpline, professional training, and a new national counselling service. The funding will create ‘a safe and trauma-informed space’ for 52 women through virtual counselling. The Angelou centre, whose services include four dedicated bed spaces in a life-saving shelter, will also benefit along with Panahghar, which provides refuge, counselling, and immigration support for black, Asian and minority ethnic women. The Women and Grace charity, which supports women affected by female genital mutilation, Solace Women’s Aid and Advance charities, which both support to women and children suffering abuse, are also among recipients. The foundation also backs projects in Brazil where Mrs Caring hails from. Richard and Patricia Caring with staff members at the Felix Project Sabine Getty (L) and Astrid Harbord attend International Women's Day for The Caring Foundation in March 2020 Cherie Spriggs, Patricia Caring, Salma Hayek Pinault and Skye Gyngell attend International Women's Day for The Caring Foundation with Salma Hayek at Annabel's on March 8, 2020 in London, England Vanessa Redgrave attends International Women's Day for The Caring Foundation on March 8, 2020 in London, England The foundation’s funding has supported the opening of a centre offering social, legal, housing and psychological services to survivors of domestic abuse in the South American country. It has led to more than 27,000 support sessions being delivered to domestic abuse survivors in the country where eight women experience domestic abuse every minute. The TCFF says its vision is ‘to build a world free from hunger, harm, and hurt, where women and children can thrive’. It is calling on the public and businesses to join their efforts in supporting survivors and preventing violence against women. Their spokesperson added: ‘’By raising awareness and vital funds, together we can make a meaningful difference in the lives of those affected.’ London Share or comment on this article: Restaurateur 'King of Mayfair' Richard Caring launching major campaign to help victims of domestic violence e-mail Add commentDENVER (AP) — Travis Hunter made a pair of proclamations Thursday: He’s for sure entering the NFL draft after this season, but not until he sees Colorado all the way through the College Football Playoff — if the Buffaloes make it there. The first was already a given for the draft-eligible junior who plays both receiver and cornerback. The second is a risk-reward play for a projected high first-round pick who averages around 120 snaps a game. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. 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