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Proposals for genetically engineered proteins for cosmetic industry clearedOXFORD, Ohio (AP) — Kam Craft's 34 points led Miami (OH) over Bethany (WV) 112-70 on Sunday. Craft had a big night from beyond the arc for the RedHawks (6-3), as he made 10 of Miami's 22 3-pointers. Brant Byers scored 21 points while going 8 of 10 (5 for 7 from 3-point range). Eian Elmer had 20 points and shot 7 for 13, including 4 for 7 from beyond the arc. Ben Guffey led the way for the Bison with 12 points. Troy Hixson added 11 points for Bethany. Cole Dailey finished with 10 points. Miami took the lead with 19:17 left in the first half and did not relinquish it. The score was 62-28 at halftime, with Byers racking up 17 points. Miami outscored Bethany by eight points in the second half, and Craft scored a team-high 20 points in the second half to help secure the victory. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
There was an odd atmosphere on Capital Hill . or signup to continue reading A taut electric vibe tussled with a summery last-day-of-school looseness. Haggard correspondents intoned philosophic, wearily resigned to their designation as villains in the febrile digital colosseum of political combat. With an unholy crush in the Senate - 31 bills passed on one day and 45 for the week - nervous but footloose lower house MPs killed time. Ministers floated between offices, affecting calm in that way trial lawyers do after closing arguments when everything hangs on a curmudgeonly judge or an inscrutable jury. The Speaker, Milton Dick, expressed his thanks to the sprawling complex's thousands of staff for keeping operational what Anthony Albanese described as "the most visited building in Australia". And it certainly seemed "most-visited" at Aussies on Thursday morning - the roiling social hub where over three decades, Dom Calabria and his father Tony have furnished coffee and meals to stressed press gallery journos, MPs, PMs and frontbenchers, and an infinity of lobbyists and public officials. In their ritual post-question time speeches before the summer break - a bilateral nod to civility dubbed "the hypocrisies" by one scribe - Albanese and Peter Dutton praised old Tony's 28-year stint at Aussies. "Tony is the man who did so much to enhance the seat of democracy here," Albanese remarked warmly to his fellow "Italo-Australian" looking up to the public gallery where three generations of Calabrias watched on. Dutton lauded the ailing 84-year-old's migrant story having emigrated at just 14. "He has worked every day since then, he has educated his children, he has provided a role model and has given that love to his family that has created a remarkable legacy," Dutton said. In other comments, Albanese revealed that he and Dutton did not hate each other after all. He noted that while he had visited Morrison's office only once as opposition leader (a startling factoid since the global pandemic occasioned a bipartisanship likened to wartime), Dutton had been into Albanese's prime ministerial suite, well, "more often than I'd like". Cue laughter. Yet coursing impatiently under all this ersatz chumminess, was the existential fight to come. Each knows that within months, one will be up, the other, finished. Since the Second World War, it has occupied the Treasury benches for just 29 years. Nonetheless, Labor goes into next year's election comforted by electoral history and shielded by an unofficial "Swiss G]guard" of community independents. But that historical precedent - every first-term federal government since 1932 has secured a second term - may amount to nothing in this disintermediated age of antisocial media and permanent grievance. For the 93 years since the rookie Scullin Labor government crashed along with everything else in the Great Depression, incumbency has been a winged keel. Australian voters have tended to pick and stick, at least once. Now though, around the democratic world in 2024, the vogue is to "pick then kick". But what about that Swiss guard of independents? Albanese's worst-case scenario is that one or all of the first-term teals lose. Another risk is that some back a Dutton executive. Currently Labor has 78 seats to the Coalition's 58. Dutton needs a net gain of 18 seats to govern in his own right. A huge task. Polls suggest the most likely outcome is a minority parliament. Labor could lose half a dozen seats to Dutton's Liberals and still be close enough to credibly seek crossbench commitments for supply and confidence. But what would the teal independents do - who would they prefer to form government? The lesson from the minority Gillard period is that indies who hold conservative seats but back progressive governments face extinction themselves. In this light,, it may be instructive to consult the AEC's "two-party preferred" exercise, in which it allocated all 151 "Reps" seats to either of the two major parties (irrespective of whether the seat actually fell to a third party). Unsurprisingly, it shows that preferences for either of the two majors (ahead of the other) favoured the Liberals by the following percentages in teal seats: Curtin (5.4), Goldstein (4.8), Kooyong (4.1 ), Mackellar (8.6), Warringah (1.4), Wentworth (5.9). These pro-Liberal margins may even expand in a 2025 election devoid of the unpopular Morrison. Yet this cuts both ways. In formerly safe Labor Fowler, Dai Le (assuming she survives) would have to ignore a strong Labor proclivity in her seat to back a Dutton-led minority government. Another outlier is Alexander Downer's erstwhile stronghold of Mayo, held by the centre-right indie Rebekah Sharkie. Her Adelaide Hills seat actually favoured Labor by 1.6 per cent in 2022. In all three of the Queensland seats filched by the Greens in 2022, voters preferred Labor - even the two secured from the LNP, Brisbane and Ryan. Nationally, the polls show a busy and productive Labor trailing Dutton's detail-light rhetorical assault over cost of living and immigration. The hardline Queenslander is a more effective political communicator than even his own colleagues thought when they overlooked him in 2018. In 2025, Labor remains the narrow favourite. But its hardheads recognise that no opposition leader is unelectable, no historical precedent immutable, and no seat lead impregnable. Mark Kenny is The Canberra Times' political analyst and a professor at the ANU's Australian Studies Institute. He hosts the Democracy Sausage podcast. He writes a column every Sunday. Mark Kenny is The Canberra Times' political analyst and a professor at the ANU's Australian Studies Institute. He hosts the Democracy Sausage podcast. He writes a column every Sunday. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement AdvertisementStaff report ANDERSON, S.C. — The Catawba women’s basketball team will look back on Wednesday’s game in a few weeks and will still be trying to figure out how they won it. But the Indians really did win 63-62 at Anderson in the South Atlantic Conference opener for both teams. Freshman Bailee Goodlett (North Rowan) made the game-winning drive with eight seconds left, as a crowd of 118 looked on in the Abney Center. Catawba scored a meager 18 points in the first half and it looked like the Indians might get shut out until Goodlett banked in a 3-pointer after more than four minutes had been played. Catawba shot six free throws all night. Yes, six. That should get you beat in a Division II game. Catawba also allowed 19 offensive rebounds. That also should get you beat. But the Indians (3-1, 1-0) hung in there and they had one heck of a 27-point fourth quarter. Sydney Gueterman was a star. She doesn’t always play a lot, but she was hot and Catawba was desperate. She filled it up in the fourth quarter and scored 15. Janiya Foskey had a terrific game with 14 points and 10 rebounds. Goodlett made her second 3-pointer in the fourth quarter in a key situation and then she came through again at the end. Anderson (2-3, 0-1) and Catawba were both playing short-handed. Catawba 9 9 18 27 — 63 Anderson 11 14 18 19 — 62 CATAWBA scoring — Gueterman 15, Foskey 14, Goodlett 10, Wilson 9, Ingram 8, Baker 3, Dixon-Booker 2, Fuertes 2.REYKJAVIK, Iceland (AP) — Icelanders will elect a new parliament Saturday after disagreements over immigration, energy policy and the economy forced Prime Minister Bjarni Benediktsson to pull the plug on his coalition government and call early elections. This is Iceland’s sixth general election since the 2008 financial crisis devastated the economy of the North Atlantic island nation and ushered in a new era of political instability. Opinion polls suggest the country may be in for another upheaval, with support for the three governing parties plunging. Benediktsson, who was named prime minister in April following the resignation of his predecessor, struggled to hold together the unlikely coalition of his conservative Independence Party with the centrist Progressive Party and the Left-Green Movement. Iceland, a nation of about 400,000 people, is proud of its democratic traditions, describing itself as arguably the world’s oldest parliamentary democracy. The island’s parliament, the Althingi, was founded in 930 by the Norsemen who settled the country. Here’s what to look for in the contest. How does the election work? Voters will choose 63 members of the Althingi in an election that will allocate seats both by regional constituencies and proportional representation. Parties need at least 5% of the vote to win seats in parliament. Eight parties were represented in the outgoing parliament, and 10 parties are contesting this election. Turnout is traditionally high by international standards, with 80% of registered voters casting ballots in the 2021 parliamentary election. Why now? A windswept island near the Arctic Circle, Iceland normally holds elections during the warmer months of the year. But on Oct. 13 Benediktsson decided his coalition couldn’t last any longer, and he asked President Halla Tómasdóttir to dissolve the Althingi. “The weakness of this society is that we have no very strong party and we have no very strong leader of any party,’’ said Vilhjálmur Bjarnson, a former member of parliament. “We have no charming person with a vision ... That is very difficult for us.” Why is Iceland's politics so fractured? The splintering of Iceland's political landscape came after the 2008 financial crisis, which prompted years of economic upheaval after its debt-swollen banks collapsed. The crisis led to anger and distrust of the parties that had traditionally traded power back and forth, and prompted the creation of new parties ranging from the environment focused Left-Green Alliance to the Pirate Party, which advocates direct democracy and individual freedoms. “This is one of the consequences of the economic crash,’’ said Eva H. Önnudóttir, a professor of political science at the University of Iceland. “It’s just the changed landscape. Parties, especially the old parties, have maybe kind of been hoping that we would go back to how things were before, but that’s not going to happen.” What are the issues? Like many Western countries, Iceland has been buffeted by the rising cost of living and immigration pressures. Inflation peaked at an annual rate of 10.2% in February 2023, fueled by the fallout from the COVID-19 pandemic and Russia’s invasion of Ukraine. While inflation slowed to 5.1% in October, that is still high compared with neighboring countries. The U.S. inflation rate stood at 2.6% last month, while the European Union’s rate was 2.3%. Iceland is also struggling to accommodate a rising number of asylum-seekers, creating tensions within the small, traditionally homogenous country. The number of immigrants seeking protection in Iceland jumped to more than 4,000 in each of the past three years, compared with a previous average of less than 1,000. What about the volcano? Repeated eruptions of a volcano in the southwestern part of the country have displaced thousands of people and strained public finances. One year after the first eruption forced the evacuation of the town of Grindavik, many residents still don’t have secure housing, leading to complaints that the government has been slow to respond. But it also added to a shortage of affordable housing exacerbated by Iceland’s tourism boom. Young people are struggling to get a foot on the housing ladder at a time when short-term vacation rentals have reduced the housing stock available for locals, Önnudóttir said. “The housing issue is becoming a big issue in Iceland,'' she said. —— Kirka reported from London. Marco Di Marco And Danica Kirka, The Associated Press
Squaring off in the second round of the NCAA Division II football tournament, fourth-seeded (Super Region 1) Slippery Rock defeated top-seeded and PSAC champion Kutztown University 25-24 Saturday afternoon at Andre Reed Stadium in Kutztown. A thrilling game went the distance and then some, and the Golden Bears (11-1) struck first in overtime after The Rock elected to play defense after winning the overtime coin toss. A 2-yard rushing touchdown by Luke Maxwell completed the 9-play drive giving Kutztown a 24-17 lead after the first overtime possession. However, Slippery Rock responded quickly and with vigor, and after a holding penalty brought back a touchdown run on third-and-3 from the 18, a 28-yard touchdown pass from Brayden Long to Logan Ramper put The Rock in position to tie the game. But a closely contested matchup would go just one play further, as Slippery Rock coach Shawn Lutz elected to go for a two-point conversion. To win the game, Long threw a screen pass to Mike Soloman near the left sideline. Soloman then immediately lateralled the ball back to Idris Lawrence in motion along the left side and Lawrence scooted into the end zone just past the left pylon for the game winning conversion. “It was just guts,” Lutz said. “We’re a relentless program. Give all the credit to Kutztown. They’re a great team. Our kids just don’t quit. I’m just really proud of them.” The Golden Bears were 11-0 and the PSAC champion heading into the game. Holding a 14-9 lead with just over 13 minutes left in the fourth, Kutztown stopped The Rock on fourth-and-3 from the Golden Bears’ 44. With a perfect defensive read of a pass coming over the middle, Drew Henson made a hard hit on Mike Soloman who then subsequently dropped what would have been a first down completion from Long. On the ensuing drive Kutztown ran eight straight runs before an incomplete pass on third-and-8 from Slippery Rock’s 21 forced a 38-yard field goal attempt by Will Smith. Smith’s kick was good, making it 17-9 with 6:50 to go in the game. The Rock would not be denied and showed plenty of resilience while trailing in the fourth quarter. An 8-yard touchdown pass from Long to Kam Kruzelyak completed an 11-play, 66-yard drive for Slippery Rock. Long then found Ramper in the back middle of the end zone for a two-point conversion pass as Ramper leaped over the defenders and kept both feet in bounds. “They went for the two point conversions and good for them, I give them a lot of credit for trying to get it done,” Golden Bears coach Jim Clements said. “They hit us on two two point conversions and they just did a great job.” Long finished the game 27-for-39 passing for 288 yards with two touchdown passes and Logan Ramper had a game-high 120 receiving yards off of nine receptions as The Rock outgained the Golden Bears 288-79 through the air. Kutztown had the better game on the ground, outgaining Slippery Rock 229-61 by means of a dominant rushing attack led by Steven Burkhardt who had 82 rushing yards on 13 attempts and a touchdown. Quarterback Judd Novak also had a solid game running the football for the Golden Bears, as the redshirt sophomore had 79 rushing yards and a touchdown run on 12 carries. Novak was also 8-for-17 passing for 79 yards. “It didn’t come down to just the last play,” Clements said. “We had plenty of opportunities to win the game earlier, and we didn’t make plays when we needed to.” A huge 28-yard pass from Novak to Mekhi Gibson on third-and-8 by Kutztown from its own 48 put the Golden Bears in striking distance to start the fourth quarter. Moments later, a 9-yard touchdown run by Novak gave Kutztown its first lead of the game at 14-9. The Golden Bears trailed 9-7 at the half. After receiving the second half kickoff and starting at its own 25, Kutztown picked up three consecutive first downs on three plays to begin a promising drive at the start of the third quarter. However, after making it to The Rock’s 25 yard line, penalties proved costly and a holding penalty on third-and-10 followed by an illegal block in the back made it an insurmountable third-and-30. Slippery Rock led 9-7 at the end of the third. On the opening drive of the game, Slippery Rock orchestrated a dominating 18-play, 75-yard drive that took over ten minutes off the clock. A 1-yard touchdown run by Chris D’Or was the culmination of six first downs and eight rushing attempts that earned him 16 rushing yards for the first quarter. Quarterback Brayden Long was 5-for-5 for 45 passing yards for the Rock on the opening drive. The extra point was no good making it 6-0 to start. Kutztown started its first drive on its own 26 and picked up one first down after Novak rushed for five yards on third-and-2 from the 34. However, the Golden Bears committed an illegal formation penalty on third and 1 from their own 46 and only picked up two yards on a Novak run on third and 6. After making a stop on defense and starting again from its own 16 with nine and a half minutes left in the first half, Kutztown’s offense got going courtesy of a strong ground game from Burkhardt. A 12-play, 84-yard drive ended with a 2-yard touchdown run by Burkhardt after he picked up 57-yards on seven attempts. The score made it 7-6 with 2:12 remaining in the first half. A 30-yard run on second-and-3 by Burkhardt from the Golden Bears’ 23 started the momentum, and then a 2-yard run by Burkhardt on fourth-and-1 on the Slippery Rock 38 kept the drive going. A 12-yard run by Burkhardt on second-and-10 from the 14 set up Kutztown’s first touchdown of the game. With 28 seconds left in the first half, The Rock took over at their own 43 and advanced to the Kutztown 24 before kicking a 41-yard field goal to make it 9-7 at the completion of the first half. At the end of the first half, Slippery Rock had the better passing numbers while the Golden Bears were stronger on the ground. Long was 13-for-19 at the end of the first half for 145 passing yards and the Rock had 36 rushing yards, while Kutztown had 91 rushing yards, with 57 coming from Burkhardt and 22 coming from Novak. Ramper had 82 receiving yards on seven receptions in the first half. Kutztown defeated Slippery Rock 28-16 in last year’s national quarterfinals to advance to the semifinals where the Golden Bears lost to Colorado School of Mines 35-7. The Golden Bears were the 2023 Super Region 1 champions and were a perfect 7-0 in conference play this season. “They’re a great group,” Clements said of Kutztown’s seniors. “They’ve been through a lot. Each of them has their own story on what they’ve done here over the last four or five years. They’re all great kids and I couldn’t have done anything without those guys. They’re probably the winningest senior class in school history if I had to guess or tied with it, so yeah, it’s great group of guys.”Emi Martinez began the night by walking onto the field with his children and parading a pair of trophies for being the world’s best goalkeeper for the last two years. He finished it by producing an astonishing save that vindicated those awards. The Argentina international illuminated a 0-0 draw between his Aston Villa team and Juventus in the Champions League on Wednesday by and scooping it off the goal line to deny Francisco Conceição what could have been the winner. Replays showed the ball was almost entirely over the line before Martinez hooked it clear, and the goalkeeper was quickly congratulated by his teammates. No save by Martinez will ever beat the one he pulled off for Argentina in the last seconds of extra time in the , denying France striker Randal Kolo Muani and keeping teammate Lionel Messi’s dream alive of finally winning soccer’s biggest prize. He might just have run it close. It was fitting he produced his wonder save against Juve on the night the two Yashin Trophies he claimed at the Ballon d’Or awards ceremony in each of the past two years. The most recent one came last month. As for Juventus goalkeeper Michele Di Gregorio, he finished the game relieved that what appeared to be a mistake in the final seconds of stoppage time didn’t cost his team. Di Gregorio spilled a cross under pressure from Villa defender Diego Carlos and Morgan Rogers was there to poke the ball into the net. A goal was awarded by the on-field referee but after a two-minute check, it was ruled out for a foul on Di Gregorio by Carlos. ___ AP soccer:
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Thiruvananthapuram: The Group of Technology Companies (GTech), the industry body of IT companies in Kerala, organised a Christmas-themed mini marathon at Technopark, with CEOs and IT professionals joining hands to bolster the state govt's ‘no to drugs' campaign. The event served as a promotional precursor to the state's largest marathon, GTech Kerala Marathon , scheduled to be held on Feb 9 at Technopark. Technopark CSO Sunil Thomas, along with others present at the event, flagged off the five-kilometre run, which saw participation from several IT company CEOs and over 100 tech professionals from various firms. "Technopark, the largest employment generator for the youth, proudly stands with the GTech Kerala Marathon 2025. Championing the inspiring message of embracing fitness and advocating for a ‘ drug-free Kerala ,' the marathon symbolises a collective movement for positive change. This initiative aligns seamlessly with Technopark's values as we celebrate 35 years of innovation, growth, and fostering harmony at work," said Technopark CEO Sanjeev Nair. GTech chairman and executive chairman of IBS Software V K Mathews emphasised the importance of raising awareness about the growing issue of substance abuse in the state. "It inflicts severe damage on society. It's crucial for responsible individuals to unite and send a powerful message of ‘no to drugs' and ‘yes to fitness.' We must transform campaigns like this into a widespread public movement to create a drug-free Kerala," he said. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword .DENVER--(BUSINESS WIRE)--Dec 18, 2024-- Colorado BioScience Association (CBSA) announces the state’s life sciences ecosystem raised $2.15 billion in 2024, a 46% increase compared to 2023. Colorado, recognized as the Hub for Health Impact , has attracted close to $12 billion for life sciences research and development during the last eight years from public and private sources, as well as federal, state, and foundation grants. Colorado’s life sciences companies and organizations demonstrated fundraising strength throughout 2024, surging past $1 billion in the first two quarters of the year, according to CBSA data. The 2024 numbers mark the second time in a four-year period that funding totals have reached $2 billion. During the record fundraising of 2021, fueled by the pandemic, Colorado companies and organizations raised $2.4 billion. “Colorado BioScience Association applauds our ecosystem’s phenomenal fundraising success. Investors know there’s a unique and powerful convergence of world-changing technologies being developed in Colorado, with life sciences playing an interconnected role,” said Elyse Blazevich, President & CEO of Colorado BioScience Association. “Life sciences investors, companies, and talent are seeing and seizing the opportunities in Colorado because of our collaborative community, top-ranked talent, central location, robust infrastructure, reasonable costs, and unmatched quality of life. It’s no surprise Colorado now ranks in the top quintile for life sciences venture capital funding.” Colorado Life Sciences Financings: Eight-Year History Colorado’s life sciences fundraising is approaching close to $12 billion raised in the last eight years. 2024: $2.15B 2023: $1.47B 2022: $1.6B 2021: $2.4B 2020: $1.2B ($2.6B including Invitae acquisition of ArcherDX) 2019: $850M ($12.B including Pfizer acquisition of Array Biopharma) 2018: $1.0B 2017: $1.2B Funding Sources Colorado companies raised $818.5 million in public capital, a 64% increase compared to 2023 through post-IPO equity and debt, $445.0 million through mergers, acquisitions, and partnerships, and $383.0 million in private capital, primarily from venture funding. Private Capital $383.0M Pre-Seed/Seed $23.0M Series A + B $183.4M Series C, D + Later $146.4M Other $30.1M Underscoring the ecosystem’s maturity and growth, several high-profile Colorado companies recently announced clinical milestones, including Edgewise Therapeutics , Enveda , OnKure Therapeutics , and Umoja Biopharma . Federal Grants Federal funding provides critical capital for research and development at private companies and academic and research institutions, with grants from the National Institutes of Health and National Science Foundation totaling $496.6 million. In many cases, the grant dollars are deployed through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The University of Colorado System, Colorado State University, and National Jewish Health continue to rank as the state’s leading recipients of federal funding for life sciences research and development. State Grants The State of Colorado’s Office of Economic Development and International Trade awarded $5.5 million in Advanced Industries Accelerator Grants to life sciences companies and university researchers in 2024. “Thanks to critical funding from the state’s Advanced Industries Accelerator Grant Program, Colorado companies and researchers are advancing technologies that will revolutionize health and care,” said Blazevich. “CBSA is fighting to preserve this program from projected state budget cuts in 2025, because it saves and changes lives with breakthroughs developed here in Colorado. The program provides significant return on investment to the state, attracting $2.9 billion in follow-on capital for Colorado’s advanced industries since 2016 and creating more than 5,000 jobs.” Colorado’s life sciences community makes a vital contribution to health innovation for patients and the state’s economy, providing mission-driven, high-paying jobs to more than 41,000 Coloradans, according to new data from BIO . The $52.9 billion in economic impact by Colorado’s life sciences ecosystem generates tax dollars, funds critical infrastructure and education, and supports families and communities. CBSA compiles and analyzes annual life sciences financings using publicly available sources, including company news releases, media reports, SEC filings, federal and state databases, as well as Crunchbase. Connect with CBSA: Twitter/X , Facebook and LinkedIn About Colorado BioScience Association Colorado BioScience Association (CBSA) creates co-opportunity for the Colorado life sciences community. CBSA champions a collaborative life sciences ecosystem and advocates for a supportive business climate. From concept to commercialization, member companies and organizations drive global health innovations, products, and services that improve and save lives. The association leads Capital and Growth, Education and Networking, Policy and Advocacy, and Workforce Cultivation to make its members stronger, together. Learn more: cobioscience.com View source version on businesswire.com : https://www.businesswire.com/news/home/20241218192950/en/ CONTACT: Media Contact:Sheliah Reynolds Primavera Group for Colorado BioScience Association (720) 289-4739 sheliah@theprimaveragroup.com KEYWORD: COLORADO UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: RESEARCH FINANCE PUBLIC POLICY/GOVERNMENT CLINICAL TRIALS PROFESSIONAL SERVICES BIOTECHNOLOGY HEALTH STATE/LOCAL SCIENCE SOURCE: Colorado BioScience Association Copyright Business Wire 2024. PUB: 12/18/2024 04:41 PM/DISC: 12/18/2024 04:40 PM http://www.businesswire.com/news/home/20241218192950/en
Corey puts up 27 and South Alabama knocks off East Texas A&M 81-72The 20th episode of the seventh season of ABC's "Shark Tank" premiered on February 26, 2016, to an audience of 5.45 million people, according to Nielsen Media Research's viewership ratings. The third of four pitches for the investors that week was Linka, a smart bicycle lock and alarm company. In short, what made Linka unique was that it locked the wheels to keep them from moving, auto-unlocked when it detected your phone approaching the bike, and had an alarm that sounded if someone tried to lift and carry the bike without disengaging the lock. The Sharks saw varying degrees of promise in the product, but all had enough problems with it, from the focus on not working like a traditional bike lock to the volume level of the alarm to the degree to which the space was crowded, that they elected to opt out without allowing CEO Mohamed Mohamed to make much of a case. In the aftermath of the episode airing, it seems like Linka had some decent success, including augmenting its website sales with an Amazon presence and honors at cycling trade shows. Even as late as 2023, it was able to easily secure support for a Kickstarter crowdfunding campaign for a Linka version of a more traditional chain lock. However, since 2023, Linka's inventory has been depleted, and it looks like the company has either exited manufacturing for licensing or ceased functioning. Let's take a look at what happened to Linka on "Shark Tank" and beyond. Entrepreneur Mohamed Mohamed entered the tank seeking a $250,000 investment for a 10 percent equity stake in Linka, his smart bike lock/alarm company. Claiming that one million Americans fall victim to bike theft annually and he'd gotten fed up with the problem, Mohamed decided to create Linka, "the world's smartest bike lock." As explained by Mohamed, Linka locks the bike's wheels so they won't move (rather than locking to a stationary object, as with a traditional bike lock) with the push of a button and automatically unlocks when it detects your phone approaching via Bluetooth Low Energy . The Linka app, meanwhile, tracked battery life , served updates on bike theft in your neighborhood, and recommended safer bike parking spots. Attempts to pick up the bike while the lock is engaged activates an alarm and also pings your phone. Robert Herjavec seemed stumped as to why this was preferable to locking your bike to a solid, stationary object, but Mohamed explained that there was an option to work in a more traditional chain lock. It cost Mohamed $45 to make with the lock retailing for $129 ($159 with the chain). To date, Linka has sold $130,000 in Kickstarter pre-orders and another $40,000 since. Barbara Corcoran and Robert Herjavec both opted out, feeling Linka was not a clear deterrent for thieves. Kevin O'Leary followed over the $2.5 million valuation, and Lori Greiner over the alarm's low volume. Mark Cuban pulled out over how crowded the market was, and that was it for Linka. The best accounting of what happened to Linka after it was featured on "Shark Tank" appears to come from the company's official blog . In the episode, Mohamed Mohamed stated his intent to attend trade shows in various cycling capitals around the world. A month after the segment aired, he was at the Taipei International Cycle Show. There, Linka says it won the show's Design and Innovation Gold Award, though there don't appear to be any other English language sources backing this up. At that point, the product had been shipping for about six months; three months after the show, Linka entered its second round of mass production. As 2017 went on, Linka continued to make upgrades to its device firmware and mobile app and also continued to hit up various cycling shows. At Eurobike in August 2017, Linka won the show's Gold Award, with Linka publishing the Eurobike video awarding the company the honor on its own YouTube channel . "The award panel was greatly inspired," Linka quoted the Eurobike panel as saying. "LINKA has developed an intelligent lock with an exceptionally high quality finish and design." Weeks later, Linka was at Interbike in Las Vegas, which the company described as North America's largest cycling trade show. Days later, Linka received its long-awaited certification from ART, a Dutch foundation that gives its seal of approval to the best anti-theft locks, which carried a lot of weight with insurance companies in the Netherlands. As of this writing in December 2024, it looks like there's a good chance that Linka has ceased being a functional business. Though Linka locks were sold on Amazon at one point, the item page is gone, and based on data on Amazon price history aggregator CamelCamelCamel , it looks like it's been out of stock for a long time. On the official LinkaLock.com website , every product is listed as either "Sold Out" or "Book a Demo." Pulling the site up on The Internet Archive 's Wayback Machine suggests that this has been the status quo for at least a year. Mohamed got the Linka Lasso chain lock successfully funded on Kickstarter in 2023, but it doesn't seem like Linka has done much of anything since then. Linka's conventional social media accounts have been dormant since mid to late 2023, as well, and the company's last press release was in June 2023. In the Kickstarter comments, there are a lot of complaints about poor communication, though Linka was insistent in July 2024 that all orders had shipped other than those with incomplete addresses. Linka's LinkedIn page remained active into 2024 , and those posts imply without outright saying so that Linka may have pivoted from manufacturing into licensing its technology. As for Mohamed Mohamed, his LinkedIn says that he is still Linka's CEO. He has no personal social media presence, and his LinkedIn blog consists mainly of Linka post shares.Datasource Background Screening Partners with Cerebrum to Elevate Client Experience with Integrated Identity Verification Services
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Oracle Co. ( NYSE:ORCL – Get Free Report )’s share price traded down 4% during trading on Thursday . The stock traded as low as $182.22 and last traded at $182.70. 8,368,797 shares were traded during trading, an increase of 1% from the average session volume of 8,262,293 shares. The stock had previously closed at $190.37. Wall Street Analyst Weigh In A number of brokerages have recently weighed in on ORCL. Melius Research upgraded Oracle from a “hold” rating to a “buy” rating in a research note on Monday, September 16th. JPMorgan Chase & Co. upped their price objective on Oracle from $110.00 to $120.00 and gave the company a “neutral” rating in a research note on Monday, September 9th. Royal Bank of Canada assumed coverage on Oracle in a research note on Wednesday, October 23rd. They set a “sector perform” rating and a $165.00 target price on the stock. Evercore ISI boosted their price target on shares of Oracle from $160.00 to $175.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. Finally, KeyCorp raised their price objective on shares of Oracle from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. Eleven analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. According to data from MarketBeat, Oracle has a consensus rating of “Moderate Buy” and a consensus target price of $169.52. View Our Latest Report on Oracle Oracle Price Performance Oracle ( NYSE:ORCL – Get Free Report ) last posted its quarterly earnings data on Monday, September 9th. The enterprise software provider reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.06. The firm had revenue of $13.31 billion for the quarter, compared to analysts’ expectations of $13.23 billion. Oracle had a net margin of 20.40% and a return on equity of 171.38%. The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the company posted $0.95 EPS. As a group, research analysts anticipate that Oracle Co. will post 5 EPS for the current year. Oracle Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Thursday, October 10th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, October 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.86%. Oracle’s dividend payout ratio is 41.24%. Insider Buying and Selling In other news, EVP Maria Smith sold 6,320 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $165.00, for a total value of $1,042,800.00. Following the completion of the sale, the executive vice president now owns 42,889 shares of the company’s stock, valued at approximately $7,076,685. This represents a 12.84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . 42.20% of the stock is currently owned by corporate insiders. Institutional Trading of Oracle Several hedge funds have recently added to or reduced their stakes in the business. Fairway Wealth LLC purchased a new stake in Oracle in the second quarter worth $27,000. POM Investment Strategies LLC purchased a new stake in shares of Oracle in the 2nd quarter worth about $30,000. Bbjs Financial Advisors LLC bought a new position in shares of Oracle in the 2nd quarter worth about $35,000. Quest Partners LLC purchased a new position in Oracle during the 2nd quarter valued at about $40,000. Finally, Reston Wealth Management LLC purchased a new stake in Oracle in the third quarter worth about $44,000. 42.44% of the stock is owned by institutional investors. About Oracle ( Get Free Report ) Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing. Further Reading Receive News & Ratings for Oracle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle and related companies with MarketBeat.com's FREE daily email newsletter .Winless in rivalry, Dan Lanning, No. 1 Oregon determined to tame Huskies
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