7xm app bd
( ) is one of the most popular shares on the ASX and features in a large number of investment portfolios. And when I say large, I mean it! In November, the big four released its annual report and revealed that it has a total of 585,000 shareholders. That's roughly one in fifty people in Australia. In addition, even if you don't hold Westpac shares directly, there's a strong chance that you have indirect exposure through your superannuation fund. Overall, this means that the performance of Australian oldest bank's shares has a significant impact on the wealth of Australians. But has this impact been a positive one? Let's see what would have happened if I had invested $5,000 into the bank's shares one year ago. Investing $5,000 into Westpac shares a year ago One year ago, Westpac's shares were down in the doldrums and unloved by the market. They were changing hands for just $22.14, which isn't too far off a multi-year low. This means that if I were to have invested $5,000 (and an extra $3.64 for good measure), I would have ended up buying 226 Westpac shares. Would that have been a good decision? You bet it would! The big four banks have been on fire over the past 12 months with investors flooding back into the sector and driving their share prices higher. And just when you thought they couldn't go even higher, they would climb again. This led to the Westpac share price climbing to a nine-year high during 2024. And while it has pulled back a touch this month, it is still significantly outperforming the market since this time last year. Over the period, the ASX 200 index has risen an impressive 14.3%. Whereas Westpac's shares have climbed a remarkable 45.3%, leaving them at $32.17 on Friday. This means that those 226 shares I could have bought with a $5,000 investment a year ago would now have a market value of . Don't forget the dividends Over the past 12 months, Westpac has paid out two . It paid out 72 cents per share in December 2023 and then 90 cents per share in June 2024. Technically, I wouldn't have received the first dividend due to the ex-dividend date being before my purchase date, but I'm including it in this example because another dividend of a similar value is just days away from being paid. Based on the above, my 226 shares would have pulled in $366.12 of dividend income over the period, boosting my total holding to . That's over $2,600 more than my original investment, which equates to a total return of just over 50%. Here's hoping 2025 will be another successful year for Westpac shares.
If you use Amazon Music, you might feel out of loop this time of year, as Spotify and Apple Music users share their listening stats from Wrapped and Replay, respectively. This year, however, is a bit different: It seems Amazon has finally jumped onto the end-of-year recap bandwagon, rolling out its own version to users it calls "Delivered." (Get it? Because Amazon?) If you've ever used a platform with a yearly recap, Amazon Music Delivered seems pretty standard: The feature summarizes your listening activity for 2024, including stats like your top artists, songs, and podcasts of the year—if you used Amazon Music for your podcasting needs, of course. Amazon also says that you'll see any "hidden gems" you discovered, as well as the "top request" you made on Amazon Music via Alexa. I'm sure your social media feeds will be abuzz with that stat. Amazon does say that certain listeners may receive a message from one of their top artists. The company didn't confirm which artists provided these messages, but Amazon does say you need an "Alexa-enabled" device in order to receive messages. In any case, it's a big improvement over how things used to work: Amazon Music used to offer an annual playlist , comprising your top tracks from the past year. But this new feature, like Spotify Wrapped, is a more engaging way to review your 2024 listening habits. How to find your 2024 Amazon Music Delivered To check out your 2024 Delivered, open the Amazon Music app on your iPhone or Android, then head to your Library . Here, tap the "2024 Delivered" banner, and you're in. While all the graphics are new, you can still access a year-end playlist. You'll find these as a new "Top Songs 2024" playlist, rather than the old "My Year in Review" playlist. You can also ask Alexa to play the playlist by saying, "Alexa, play My Top Songs 2024." If you have an Alexa-enabled device attached to your Amazon Music account, you'll see a blinking yellow light if you received a message from a top artist.3 Browns players are in the top-10 of 2024 Pro Bowl voting | Sporting News
DEADLINE ALERT for AILE, IREN, EW, AIXI: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders
On the south side of Austin, Texas, engineers at semiconductor maker Advanced Micro Devices designed an artificial intelligence chip called MI300 that was released a year ago and is expected to generate more than $5 billion in sales in its first year of release. Not far away in a north Austin high-rise, designers at Amazon developed a new and faster version of an AI chip called Trainium . They then tested the chip in creations including palm-size circuit boards and complex computers the size of two refrigerators. Those two efforts in the capital of Texas reflect a shift in the rapidly evolving market of AI chips, which are perhaps the hottest and most coveted technology of the moment. The industry has long been dominated by Nvidia , which has leveraged its AI chips to become a $3 trillion behemoth. For years, others tried to match the company's chips, which provide enormous computing power for AI tasks, but made little progress. Now the chips that Advanced Micro Devices, known as AMD, and Amazon have created -- as well as customer reactions to their technology -- are adding to signs that credible alternatives to Nvidia are finally emerging. For some crucial AI tasks, Nvidia's rivals are proving they can deliver much faster speed, and at much lower prices , said Daniel Newman, an analyst at Futurum Group. "That's what everybody has known is possible, and now we're starting to see it materialize," he said. Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) ChatGPT Mastery from Zero to Hero: The Complete AI Course By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship From Idea to Product: A Startup Development Guide By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance AI and Generative AI for Finance By - Hariom Tatsat, Vice President- Quantitative Analytics at Barclays View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Neil Patel By - Neil Patel, Co-Founder and Author at Neil Patel Digital Digital Marketing Guru View Program Entrepreneurship Startup Fundraising: Essential Tactics for Securing Capital By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Web Development Advanced Java Mastery: Object-Oriented Programming Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development Intermediate C++ Skills: Master Pointers, Structures and File Stream By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Finance Value and Valuation Masterclass By - CA Himanshu Jain, Ex McKinsey, Moody's, and PwC, Co - founder, The WallStreet School View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Entrepreneurship Crafting a Powerful Startup Value Proposition By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Entrepreneurship Building Your Winning Startup Team: Key Strategies for Success By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Excel Essentials to Expert: Your Complete Guide By - Study At Home, Quality Education Anytime, Anywhere View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, IT Specialist and Developer View Program The shift is being driven by an array of tech companies -- from large competitors such as Amazon and AMD to smaller startups -- that have started tailoring their chips for a particular phase of AI development that is becoming increasingly important. That process, called "inferencing," happens after companies use chips to train AI models. It allows them to carry out tasks such as serving up answers with AI chatbots. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories "The real commercial value comes with inference, and inference is starting to gain scale," said Cristiano Amon, chief executive of Qualcomm, a mobile chipmaker that plans to use Amazon's new chips for AI tasks. "We're starting to see the beginning of the change." Nvidia's rivals have also started taking a leaf out of the company's playbook in another way. They have begun emulating Nvidia's tactic of building complete computers -- and not just the chips -- so that customers can wring the maximum power and performance out of the chips for AI purposes. The increased competition was evident Tuesday, when Amazon announced the availability of computing services based on its new Trainium 2 AI chips and testimonials from potential users including Apple. The company also unveiled computers containing either 16 or 64 of the chips, with ultrafast networking connections that particularly accelerate inferencing performance. Amazon is even building a kind of giant AI factory for the startup Anthropic, which it has invested in, said Matt Garman, chief executive of Amazon Web Services. That computing "cluster" will have hundreds of thousands of the new Trainium chips and will be five times as powerful as any that Anthropic has ever used, said Tom Brown, a founder and the chief compute officer of the startup, which operates the Claude chatbot and is based in San Francisco. "This means customers will get more intelligence at a lower price and at faster speeds," Brown said. In total, spending on computers without Nvidia chips by data center operators, which provide the computing power needed for AI tasks, is expected to grow 49% this year to $126 billion, according to Omdia, a market research firm. Even so, the increased competition does not mean Nvidia is in danger of losing its lead. A spokesperson for the company pointed to comments made by Jensen Huang, Nvidia's chief executive, who has said his company has major advantages in AI software and inferencing capability. Huang has added that demand is torrid for the company's new Blackwell AI chips, which he says perform many more calculations per watt of energy used, despite an increase in the power they need to operate. "Our total cost of ownership is so good that even when the competitor's chips are free, it's not cheap enough," Huang said in a speech at Stanford University this year. The changing AI chip market has partly been propelled by well-funded startups such as SambaNova Systems, Groq and Cerebras Systems, which have lately claimed big speed advantages in inferencing, with lower prices and power consumption. Nvidia's current chips can cost as much as $15,000 each, and its Blackwell chips are expected to cost tens of thousands of dollars each. That has pushed some customers toward alternatives. Dan Stanzione, executive director of the Texas Advanced Computing Center, a research center, said the organization planned to buy a Blackwell-based supercomputer next year but would most likely also use chips from SambaNova for inferencing tasks because of their lower power consumption and pricing. "That stuff is just too expensive," he said of Nvidia's chips. AMD said it expected to target Nvidia's Blackwell chips with its own new AI chips arriving next year. In the company's Austin labs, where it exhaustively tests AI chips, executives said inferencing performance was a major selling point. One customer is Meta , the owner of Facebook and Instagram, which says that it has trained a new AI model, called Llama 3.1 405B, using Nvidia chips but that it uses AMD MI300s chips for providing answers to users. Amazon, Google, Microsoft and Meta are also designing their own AI chips to speed up specific computing chores and achieve lower costs, while still building big clusters of machines powered by Nvidia's chips. This month, Google plans to begin selling services based on a sixth generation of internally developed chips, called Trillium, which is nearly five times as fast as its predecessor. Amazon, sometimes seen as a laggard in AI, seems particularly determined to catch up. The company allocated $75 billion this year for AI chips and other computing hardware, among other capital spending. At the company's Austin offices -- run by Annapurna Labs, a startup that it bought in 2015 -- engineers previously developed networking chips and general-purpose microprocessors for Amazon Web Services. Its early AI chips, including the first version of Trainium, did not gain much market traction. Amazon is far more optimistic about the new Trainium 2 chips, which are four times as fast as previous chips. On Tuesday, the company also announced plans for another chip, Trainium 3, which was set to be even more powerful. Eiso Kant, chief technology officer of Poolside, an AI startup in Paris, estimated that Trainium 2 would provide a 40% improvement in computing performance per dollar compared with Nvidia-based hardware. Amazon also plans to offer Trainium-based services in data centers across the world, Kant added, which helps with inferencing tasks. "The reality is, in my business, I don't care what silicon is underneath," he said. "What I care about is that I get the best price performance and that I can get it to the end user."None
Syrian government forces withdraw from central city of Homs as insurgent offensive acceleratesAfter leaving the I'm A Celebrity...Get Me Out of Here camp, Alan Halsall has revealed he has signed a new contract to remain on the Coronation Street cobbles. The actor, 42, has played the role of Tyrone Dobbs on the ITV soap for 27 years. And now he has revealed his delight after confirming he has penned a 12-month extension - and will neck a pint of Guinness to celebrate. Alan had constantly described his pride at his role on the long-running soap while chatting with campmates Down Under. And now he has described how his on-going role is a sense of achievement for himself, who grew up as a Corrie fan in Salford. Speaking to the Sun in Australia , Alan said: "I'm thrilled to bits. That's the job I love, so long may it continue. I'll maybe have a couple of pints of Guinness to toast it." He even continued to joke that some of the celebrities in camp with him would be at home on the Corrie cobbles. During his time on the show, Alan said Coleen Rooney had a great acting career ahead if she wanted it. After the pair tried to trick their campmates into thinking they had failed a task, Alan said: "We managed to drag it out. Coleen was fantastic, a proper leading actress. I believed Coleen - and I was in on the joke. "She was absolutely fantastic as an actress. I said, 'I think she could be a barmaid of the Rovers Return.' She was absolutely brilliant." Meanwhile, he also seemed to take aim at another former campmate as he branded them a performer. He claimed radio DJ Dean McCullough played up to the cameras in the jungle. After Alan and social media star GK Barry were voted off the show, the actor made his true feelings known towards Dean. During an interview on the show's spin-off show Unpacked, host Sam Thompson asked Alan if there were any "performers" in the camp. Alan then responded saying: "Dean! He's got a story written all over his face. It's ridiculous!" While in the jungle, avid viewers will remember that Dean was seen snapping at Alan. On one occasion, Alan had tried to get Dean to wake up and help Loose Women star Jane Moore with chores. However, Dean blasted Alan for trying to make him look bad by making out he didn't want to pull his weight in camp. Alan was quick to say sorry, but the tense interaction was picked up by viewers at home. Follow Mirror Celebs on TikTok , Snapchat , Instagram , Twitter , Facebook , YouTube and Threads
SYDNEY, Dec. 03, 2024 (GLOBE NEWSWIRE) -- IREN Limited IREN (ACN 629 842 799) ("IREN") today announced its intention to offer, subject to market and other conditions, $300 million aggregate principal amount of convertible senior notes due 2030 (the "notes") in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). IREN also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $45 million principal amount of notes. The notes will be senior, unsecured obligations of IREN, will accrue interest payable semi-annually in arrears and will mature on June 15, 2030, unless earlier repurchased, redeemed or converted. Noteholders will have the right to convert their notes in certain circumstances and during specified periods. IREN will settle conversions by paying or delivering, as the case may be, cash, its ordinary shares or a combination of cash and its ordinary shares, at its election. The notes will be redeemable, in whole or in part (subject to certain limitations), for cash at IREN's option, on or after December 20, 2027 and on or before the 30th scheduled trading day immediately before the maturity date, but only if the last reported sale price per share of IREN's ordinary shares exceeds 130% of the conversion price for a specified period of time and certain other conditions are satisfied. The redemption price will be equal to the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. If certain corporate events that constitute a "fundamental change" occur, then, subject to a limited exception, noteholders may require IREN to repurchase their notes for cash. The repurchase price will be equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the applicable repurchase date. The interest rate, initial conversion rate and other terms of the notes will be determined at the pricing of the offering. IREN expects to use a portion of the net proceeds from the offering to fund the cost of entering into the capped call transactions and to fund the cost of entering into the prepaid forward transaction, each as described below. IREN intends to use the remainder of the net proceeds for general corporate purposes and working capital. In connection with the offering of the notes, IREN expects to enter into privately negotiated capped call transactions with one or more of the initial purchasers or their affiliates and/or one or more other financial institutions (the "option counterparties"). The capped call transactions are expected to cover, subject to anti-dilution adjustments, the number of ordinary shares of IREN that will initially underlie the notes. If the initial purchasers exercise their option to purchase additional notes, then IREN expects to enter into additional capped call transactions with the option counterparties. The capped call transactions are expected generally to reduce the potential dilution to IREN's ordinary shares upon any conversion of the notes and/or offset any potential cash payments IREN is required to make in excess of the principal amount of converted notes, as the case may be, with such offset and/or reduction subject to a cap price. If, however, the market price per ordinary share of IREN, as measured under the terms of the capped call transactions, exceeds the cap price of the capped call transactions, there would nevertheless be dilution and/or there would not be an offset of such potential cash payments, in each case, to the extent that such market price exceeds the cap price of the capped call transactions. In addition, the capped call transactions will be solely cash settled until IREN receives shareholder approval to repurchase its ordinary shares pursuant to the terms of the capped call transactions or is otherwise permitted to repurchase its ordinary shares pursuant to the terms of the capped call transactions under the laws of its jurisdiction of incorporation. The Company retains flexibility to seek and/or renew such approval from time to time during the terms of the capped call transactions at a general meeting or future annual general meeting. IREN has been advised that, in connection with establishing their initial hedges of the capped call transactions, the option counterparties or their respective affiliates expect to enter into various derivative transactions with respect to IREN's ordinary shares and/or purchase the ordinary shares of IREN concurrently with or shortly after the pricing of the notes. This activity could increase (or reduce the size of any decrease in) the market price of IREN's ordinary shares or the notes at that time. Any such trades by the option counterparties or their respective affiliates would be on a principal basis and without any agreement, arrangement or understanding between, or with, IREN on how those parties would hedge their own positions. In addition, the option counterparties and/or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to IREN's ordinary shares and/or purchasing or selling IREN's ordinary shares or other securities of IREN in secondary market transactions following the pricing of the notes and prior to the maturity of the notes (and are likely to do so (x) on each exercise date for the capped call transactions, which are expected to occur on each trading day during the 30 trading day period beginning on the 31st scheduled trading day prior to the maturity date of the notes and (y) following any early conversion of the notes or any repurchase of the notes by IREN on any fundamental change repurchase date, any redemption date or any other date on which the notes are repurchased by IREN, in each case if IREN exercises the relevant election to terminate the corresponding portion of the capped call transactions). This activity could also cause or avoid an increase or a decrease in the market price of IREN's ordinary shares or the notes, which could affect the ability of noteholders to convert the notes, and, to the extent the activity occurs following a conversion or during any observation period related to a conversion of the notes, it could affect the number of IREN's ordinary shares and value of the consideration that noteholders will receive upon conversion of the notes. In connection with the offering of the notes, IREN also expects to enter into a privately negotiated prepaid forward share purchase transaction (the "prepaid forward transaction") with one of the initial purchasers of the notes or its affiliate (the "forward counterparty"), pursuant to which IREN will purchase up to $100 million of its ordinary shares (based on the last reported sale price of IREN's ordinary shares on the pricing date), for settlement on the date that is shortly after the maturity date of the notes, subject to any early settlement, in whole or in part, of the prepaid forward transaction. The prepaid forward transaction will be solely cash settled until IREN receives shareholder approval to repurchase its ordinary shares pursuant to the terms of the prepaid forward transaction or is otherwise permitted to repurchase its ordinary shares pursuant to the terms of the prepaid forward transaction under the laws of its jurisdiction of incorporation. The prepaid forward transaction is generally intended to facilitate privately negotiated derivative transactions, including swaps, between the forward counterparty or its affiliates and investors in the notes relating to IREN's ordinary shares by which investors in the notes will establish short positions relating to IREN's ordinary shares and otherwise hedge their investments in the notes. As a result, the prepaid forward transaction is expected to allow the investors to establish short positions that generally correspond to (but may be greater than) commercially reasonable initial hedges of their investment in the notes. In the event of such greater initial hedges, investors may offset such greater portion by purchasing IREN's ordinary shares on or shortly after the day IREN prices the notes. Facilitating investors' hedge positions by entering into the prepaid forward transaction, particularly if investors purchase IREN's ordinary shares on or shortly after the pricing date, could increase (or reduce the size of any decrease in) the market price of IREN's ordinary shares and effectively raise the initial conversion price of the notes. In connection with establishing their initial hedges of the prepaid forward transaction, the forward counterparty or its affiliates may enter into one or more derivative transactions with respect to IREN's ordinary shares with the investors of the notes concurrently with or after the pricing of the notes. Any such trades by the forward counterparty or its affiliates would be on a principal basis and without any agreement, arrangement or understanding between, or with, IREN on how those parties would hedge their own positions. IREN's entry into the prepaid forward transaction with the forward counterparty and the entry by the forward counterparty into derivative transactions in respect of IREN's ordinary shares with the investors of the notes could have the effect of increasing (or reducing the size of any decrease in) the market price of IREN's ordinary shares concurrently with, or shortly after, the pricing of the notes and effectively raising the initial conversion price of the notes. Neither IREN nor the forward counterparty will control how investors of the notes may use such derivative transactions. In addition, such investors may enter into other transactions relating to IREN's ordinary shares or the notes in connection with or in addition to such derivative transactions, including the purchase or sale of IREN's ordinary shares. As a result, the existence of the prepaid forward transaction, such derivative transactions and any related market activity could cause more purchases or sales of IREN's ordinary shares over the term of the prepaid forward transaction than there otherwise would have been had IREN not entered into the prepaid forward transaction. Such purchases or sales could potentially increase (or reduce the size of any decrease in) or decrease (or reduce the size of any increase in) the market price of IREN's ordinary shares and/or the price of the notes. In addition, the forward counterparty or its affiliates may modify their hedge positions by entering into or unwinding one or more derivative transactions with respect to IREN's ordinary shares and/or purchasing or selling IREN's ordinary shares or other securities of IREN in secondary market transactions at any time following the pricing of the notes and prior to the maturity of the notes. These activities could also cause or avoid an increase or a decrease in the market price of IREN's ordinary shares or the notes, which could affect the ability of noteholders to convert the notes and, to the extent the activity occurs following conversion or during any observation period related to a conversion of notes, it could affect the amount and value of the consideration that noteholders will receive upon conversion of the notes. The offer and sale of the notes and any of IREN's ordinary shares issuable upon conversion of the notes have not been, and will not be, registered under the Securities Act or any other securities laws, and the notes and any such shares cannot be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any other applicable securities laws. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, the notes or any of IREN's ordinary shares issuable upon conversion of the notes, nor will there be any sale of the notes or any such shares, in any state or other jurisdiction (including the United States and Australia) in which such offer, sale or solicitation would be unlawful. Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the anticipated terms of the notes being offered, the completion, timing and size of the proposed offering and the intended use of the proceeds. Forward-looking statements represent IREN's current expectations, beliefs, and projections regarding future events and are subject to known and unknown uncertainties, risks, assumptions and contingencies, many of which are outside IREN's control and that could cause actual results to differ materially from those described in or implied by the forward-looking statements. Among those risks and uncertainties are market conditions, including market interest rates, the trading price and volatility of IREN's ordinary shares and risks relating to IREN's business, including those described in periodic reports that IREN files from time to time with the SEC. IREN may not consummate the proposed offering described in this press release and, if the proposed offering is consummated, cannot provide any assurances regarding the final terms of the offering or the notes or its ability to effectively apply the net proceeds after funding the cost of entering into the capped call transactions and financing the prepaid forward as described above. The forward-looking statements included in this press release speak only as of the date of this press release, and IREN does not undertake any obligation to update the forward-looking statements included in this press release for subsequent developments, except as may be required by law. For a further discussion of factors that could cause IREN's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in IREN's Annual Report on Form 20-F for the year ended June 30, 2024 and other risks described in documents filed by IREN from time to time with the Securities and Exchange Commission. About IREN IREN is a leading data center business powering the future of Bitcoin, AI and beyond utilizing 100% renewable energy. Bitcoin Mining: providing security to the Bitcoin network, expanding to 50 EH/s in H1 2025. Operations since 2019. AI Cloud Services: providing cloud compute to AI customers, 1,896 NVIDIA H100 & H200 GPUs. Operations since 2024. Next-Generation Data Centers : 460MW of operating data centers, expanding to 810MW in H1 2025. Specifically designed and purpose-built infrastructure for high-performance and power-dense computing applications. Technology : technology stack for performance optimization of AI Cloud Services and Bitcoin Mining operations. Development Portfolio: 2,310MW of grid-connected power secured across North America, >2,000 acre property portfolio and additional development pipeline. 100% Renewable Energy (from clean or renewable energy sources or through the purchase of RECs) : targets sites with low-cost & underutilized renewable energy, and supports electrical grids and local communities. Contacts Media Jon Snowball Sodali & Co +61 477 946 068 Megan Boles Aircover Communications +1 562 537 7131 Investors Lincoln Tan IREN +61 407 423 395 lincoln.tan@iren.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Speaker Ashoka Ranwala yesterday said that he has decided to step down from his post following allegations regarding the authenticity of his educational qualifications. In his statement, the Speaker assured the public that he had never made any false claims about his qualifications. But said he does not possess certain documents required to validate his educational credentials at this moment. He stated that while he has requested the necessary documents from the relevant institutions, it is challenging to produce them urgently. He further noted that the relevant documentation can be obtained from the research institution affiliated with Japan’s Waseda University, which had awarded him a doctorate, and he intends to present them as soon as possible. “However, considering the prevailing situation and to avoid inconveniencing the government and the people who placed their trust in us, I have decided to resign from the position of Speaker,” he said. The controversy surrounding Ranwala’s doctorate recently gained traction on social media, leading to the Sri Lanka Parliament’s website removing the title “Dr.” from his profile in the members’ directory. Opposition parties have also called for clarity on whether he genuinely holds a doctorate, urging the government to address growing public suspicion.
Phreesia Announces Third Quarter Fiscal 2025 ResultsTrump's against climate action. But some right-wing governments are all for it
A smart gym for seniors, vouchers for the young: What intergenerational co-living in Singapore could look likeMacron brings Trump, Ukraine’s Zelensky together ahead of Notre-Dame ceremony
NoneSpecial Counsel Jack Smith on Monday moved to dismiss the federal cases against US President-elect Donald Trump -- including one for election subversion -- citing an official policy of not prosecuting a sitting president. Trump, 78, was accused of conspiring to overturn the results of the 2020 election he lost to Joe Biden and mishandling classified documents after leaving the White House, but neither case ever came to trial. Smith, in a filing with the district judge in Washington presiding over the election case, said it should be dropped in light of the long-standing Justice Department policy of not indicting or prosecuting a sitting president. He cited the same reasoning in withdrawing his appeal of a ruling by a district judge, a Trump appointee, who dismissed the classified documents case earlier this year. Smith asked District Judge Tanya Chutkan to dismiss the election interference case "without prejudice" -- leaving open the possibility it could be revived after Trump leaves office four years from now. The special counsel paused the election interference case this month after Trump defeated Vice President Kamala Harris in the November 5 presidential election. "The Government's position on the merits of the defendant's prosecution has not changed," Smith said in the filing with Chutkan. "But the circumstances have." "It has long been the position of the Department of Justice that the United States Constitution forbids the federal indictment and subsequent criminal prosecution of a sitting President," Smith said. "As a result this prosecution must be dismissed before the defendant is inaugurated." In a separate filing, Smith said he was withdrawing his appeal of the dismissal of the classified documents case against Trump but pursuing the case against his two co-defendants, Trump valet Walt Nauta and Mar-a-Lago property manager Carlos De Oliveira. Trump, in a post on Truth Social, said the cases were "empty and lawless, and should never have been brought." "Over $100 Million Dollars of Taxpayer Dollars has been wasted in the Democrat Party's fight against their Political Opponent, ME," he said. "Nothing like this has ever happened in our Country before." Trump is accused of conspiracy to defraud the United States and conspiracy to obstruct an official proceeding -- the session of Congress called to certify Biden's win, which was violently attacked on January 6, 2021 by a mob of the then-president's supporters. Trump is also accused of seeking to disenfranchise US voters with his false claims that he won the 2020 election. The former and incoming president also faces two state cases -- in New York and Georgia. He was convicted in New York in May of 34 counts of falsifying business records to cover up a hush money payment to porn star Stormy Daniels on the eve of the 2016 election to stop her from revealing an alleged 2006 sexual encounter. Judge Juan Merchan has postponed sentencing while he considers a request from Trump's lawyers that the conviction be thrown out in light of the Supreme Court ruling in July that an ex-president has broad immunity from prosecution. In Georgia, Trump faces racketeering charges over his efforts to subvert the 2020 election results in the southern state, but that case will likely be frozen while he is in office. You can unsubscribe at any time by clicking the link in the footer of our emails. We use as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.
NoneRACHEL Reeves vowed to take an “iron-fist” to Whitehall spending last night as she demanded colleagues get real on cutting the size of the state. The Chancellor pledged to root out waste and inefficiency with every pound of taxpayers’ cash facing a stringent ‘value for money’ test. Ministers will be told to find savings of up to five per cent as part of a new review of spending up to 2029, with bank chiefs brought in to scrutinise plans. Spending that is not contributing to Sir Keir Starmer’s priorities such as growth or fixing the NHS will be stopped in its tracks. Ms Reeves said: “The previous government allowed millions of pounds of taxpayers’ money to go to waste on poor value for money projects. “We will not tolerate it; I said I would have an iron grip on the public finances and that means taking an iron fist against waste. “By reforming our public services, we will ensure they are up to scratch for modern day demands, saving money and delivering better services for people across the country. “That’s why we will inspect every pound of government spend, so that it goes to the right places and we put an end to all waste.” Experts from banks will examine what spending is seen as necessary. Academic experts will also be brought in. Most read in The Sun An evaluation into £6.5 million on placing social workers in schools has already been scrapped as it was not seen as cost-effective. Departments had been urged to find two per cent in savings at the Budget but senior Cabinet Minister Pat McFadden said yesterday that there is “more to come”. Shadow Treasury Minister Richard Fuller said: “Delivering value for money for the taxpayer is a noble goal, but Rachel Reeves’s record so far has been to dole out inflation-busting pay rises to Labour’s union paymasters whilst mandating nothing in return, and making no reforms to public sector productivity or welfare spending.” Meanwhile, Ms Reeves told EU finance chiefs she will not be picking sides between Brussels and Donald Trump . She became the first Chancellor since Brexit to address the group as part of a re-set to strengthen ties. By The Sun Says “EVERY pound” of spending will now be scrutinised to get value for taxpayers’ money. We wish we had a pound for every time Governments have promised that. They all say it. And the gargantuan Whitehall waste continues. We wish Chancellor Rachel Reeves well if she really is intent on “totally rewiring how the Government spends money”. But politics will always prevail. Foreign aid, for instance, is now a byword for waste, totalling billions a year. Will ministers really axe it? How about the idiotic deal where we PAY to give away our Chagos Islands? Or the vast bungs to France despite them failing to keep back migrants? Ms Reeves vows to act with an “iron fist against waste”. Cabinet Minister Pat McFadden yesterday had warm words about Elon Musk’s US efficiency drive. Forgive our scepticism, but we’ll believe Labour’s purge on waste only if — this time — it finally bears fruit.