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New coach Chris Holtmann has been tasked with rebuilding DePaul to the point where it can return to the NCAA Tournament for the first time since 2004. Northern Illinois coach Rashon Burno knows what it takes to steer DePaul to the NCAAs because he was the starting point guard on the 2000 team that made the tournament -- the Blue Demons' only other NCAA appearance since 1992. Perhaps they can compare notes Saturday afternoon when Burno leads the Huskies (2-3) back to his alma mater as DePaul (5-0) hosts its sixth straight home game in Chicago. Last season, Burno's NIU squad helped accelerate DePaul's need for a new coach -- as the Huskies waltzed into Wintrust Arena and owned Tony Stubblefield's Blue Demons by an 89-79 score on Nov. 25. The Huskies built a 24-point second-half lead before coasting to the finish line. Can history repeat for NIU? There's just one problem with using last year's game as a potential barometer for Saturday's rematch: Almost no players on this year's teams were part of last year's squads. At DePaul, only assistant coach Paris Parham remains as Holtmann had the green light to bring in an all-new roster. UIC graduate transfer Isaiah Rivera (16.0 ppg, .485 3-point rate) and Coastal Carolina transfer Jacob Meyer (15.4 ppg, .406 on 3s) lead a balanced attack that focuses on getting half its shots from beyond the arc. At NIU, Burno retained only two players who competed against DePaul last year -- Ethan Butler and Oluwasegun Durosinmi -- and they combined for three points in 26 minutes in that game. The Huskies' main players used the transfer portal to join such programs as Kansas, Wisconsin, Penn State, Colorado State, James Madison, Georgia State and Niagara. With every starting job open, Butler has jumped into the lineup and produced 11.6 points, 4.8 rebounds, 1.8 blocks and 1.4 steals per game. Transfers Quentin Jones (Cal Poly) and James Dent (Western Illinois) pace the Huskies with 14.4 and 14.0 points per game. NIU is on a two-game losing streak, most recently a 75-48 home defeat at the hands of Elon on Wednesday. Holtmann hopes to have Arkansas transfer Layden Blocker for Saturday's game. Blocker missed Tuesday's 78-69 win over Eastern Illinois with a quad injury. With the combo guard unavailable, point guard Conor Enright handed out a career-high 11 assists in a season-high 38 minutes. "We need (Blocker)," Holtmann said. "I don't want to play Conor 38 minutes." --Field Level Media
ORLANDO, Fla.--(BUSINESS WIRE)--Dec 9, 2024-- Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) (“Falcon’s Beyond,” “Falcon’s,” or the “Company”), a leading innovator in immersive storytelling through its divisions Falcon’s Creative Group (“FCG”), Falcon’s Beyond Destinations (“FBD”), and Falcon’s Beyond Brands (“FBB”), today reminded its shareholders of the upcoming stock dividend previously announced on October 1, 2024. Under the terms of the dividend, eligible shareholders will receive a stock dividend of 0.2 shares of the Company’s Class A common stock per share of Class A common stock outstanding, payable on December 17, 2024, to holders of Class A common stock as of the record date of December 10, 2024. In lieu of fractional shares, cash will be distributed to each stockholder who would otherwise have been entitled to receive a fractional share, with the amount of cash to be determined based on the average closing price, rounded to the nearest penny, of the Company’s Class A common stock on Nasdaq for the five consecutive business days prior to the payment date of the stock dividend. Additionally, as a result of the stock dividend, holders of the Company’s Class B common stock will receive a stock dividend of 0.2 shares of Class B common stock per share of Class B common stock outstanding, and the Falcon’s Beyond Global, LLC common units that are issued and outstanding will be adjusted to reflect the same economic equivalent of the stock dividend. Outstanding warrants, restricted stock units and other equity awards will be similarly adjusted in accordance with their terms. A total of approximately 2.0 million shares of Class A common stock and approximately 11.5 million shares of Class B common stock are expected to be issued in connection with the stock dividend. Stockholders will not be required to take any action to receive the stock dividend. After the payment date, stockholders’ book entry accounts will be credited with the additional shares that represent the stock dividend. When shares are held in a brokerage account in the name of a broker, the additional shares will be distributed to the broker on the stockholder’s behalf. The stock dividend is administered by Continental Stock Transfer & Trust Company, the Company’s transfer agent. is a visionary innovator in immersive storytelling, sitting at the intersection of three potential high growth business opportunities: content, technology, and experiences. Falcon’s Beyond propels intellectual property (IP) activations concurrently across physical and digital experiences through three core business units: Falcon’s Beyond also invents immersive rides, attractions, and technologies for entertainment destinations around the world. FALCON’S BEYOND and its related trademarks are owned by Falcon’s Beyond. Falcon’s is headquartered in Orlando, Fla. Learn more at . Falcon’s Beyond may use its website as a distribution channel of material Company information. Financial and other important information regarding the Company is routinely accessed through and posted on our website at . In addition, you may automatically receive email alerts and other information about Falcon’s when you enroll your email address by visiting the Email Alerts section at . This press release contains statements that are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, words such as “will”, “would” and similar expressions identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those expressed in or implied by the forward-looking statements, including (1) our ability to sustain our growth, effectively manage our anticipated future growth, and implement our business strategies to achieve the results we anticipate, (2) impairments of our intangible assets and equity method investment in our joint ventures, (3) our ability to raise additional capital, (4) the closure of Katmandu Park DR and the repositioning and rebranding of our FBD business, (5) the success of our growth plans in FCG, (6) our customer concentration in FCG, (7) the risk that contractual restrictions relating to the Strategic Investment may affect our ability to access the public markets and expand our business, (8) the risks of doing business internationally, including in the Kingdom of Saudi Arabia, (9) our indebtedness, (10) our dependence on strategic relationships with local partners in order to offer and market our products and services in certain jurisdictions, (11) our reliance on our senior management and key employees, and our ability to hire, train, retain, and motivate qualified personnel, (12) cybersecurity-related risks, (13) our ability to protect our intellectual property, (14) our ability to remediate identified material weaknesses in our internal controls over financial reporting, (15) the concentration of share ownership and the significant influence of the Demerau Family and Cecil D. Magpuri, (16) the outcome of pending, threatened and future legal proceedings, (17) our continued compliance with Nasdaq continued listing standards, (18) risks related to our Up-C entity structure and the fact that we may be required to make substantial payments to certain unitholders under our Tax Receivable Agreement, and (19) the risks disclosed under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K, as filed with the Securities and Exchange Commission on April 29, 2024, and the Company’s other filings with the Securities and Exchange Commission. The forward-looking statements herein speak only as of the date of this press release, and the Company undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. View source version on : CONTACT: Media Relations: Kathleen Prihoda, Falcon’s Beyond Relations: KEYWORD: FLORIDA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: OTHER TRAVEL GENERAL ENTERTAINMENT ENTERTAINMENT TRAVEL SOURCE: Falcon’s Beyond Global, Inc. Copyright Business Wire 2024. PUB: 12/09/2024 03:49 PM/DISC: 12/09/2024 03:47 PM
Deputy national security adviser Anne Neuberger offered new details about the breadth of the sprawling Chinese hacking campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. Neuberger divulged the scope of the hack a day after the FBI and the Cybersecurity and Infrastructure Security Agency issued guidance intended to help root out the hackers and prevent similar cyberespionage in the future. White House officials cautioned that the number of telecommunication firms and countries impacted could grow. The U.S. believes the hackers were able to gain access to communications of senior U.S. government officials and prominent political figures through the hack, Neuberger said. “We don’t believe any classified communications has been compromised,” Neuberger added during a call with reporters. She added that Biden was briefed on the findings and the White House “made it a priority for the federal government to do everything it can to get to the bottom this.” The Chinese embassy in Washington rejected the accusations that it was responsible for the hack Tuesday after the U.S. federal authorities issued new guidance. “The U.S. needs to stop its own cyberattacks against other countries and refrain from using cyber security to smear and slander China,” embassy spokesperson Liu Pengyu said. The embassy did not immediately respond to messages Wednesday. White House officials believe the hacking was regionally targeted and the focus was on very senior government officials. Federal authorities confirmed in October that hackers linked to China targeted the phones of then-presidential candidate Donald Trump and his running mate, Sen. JD Vance, along with people associated with Democratic candidate Vice President Kamala Harris. The number of countries impacted by the hack is currently believed to be in the “low, couple dozen,” according to a senior administration official. The official, who spoke on the condition of anonymity under rules set by the White House, said they believed the hacks started at least a year or two ago. The suggestions for telecom companies released Tuesday are largely technical in nature, urging encryption, centralization and consistent monitoring to deter cyber intrusions. If implemented, the security precautions could help disrupt the operation, dubbed Salt Typhoon, and make it harder for China or any other nation to mount a similar attack in the future, experts say. Neuberger pointed to efforts made to beef up cybersecurity in the rail, aviation, energy and other sectors following the May 2021 ransomware attack on Colonial Pipeline . “So, to prevent ongoing Salt Typhoon type intrusions by China, we believe we need to apply a similar minimum cybersecurity practice,” Neuberger said. The cyberattack by a gang of criminal hackers on the critical U.S. pipeline, which delivers about 45% of the fuel used along the Eastern Seaboard, sent ripple effects across the economy, highlighting cybersecurity vulnerabilities in the nation’s aging energy infrastructure. Colonial confirmed it paid $4.4 million to the gang of hackers who broke into its computer systems as it scrambled to get the nation's fuel pipeline back online.
For a week without any new hit movie PVOD releases or a particularly interesting Netflix lineup, some interesting news tops our report this week. Clint Eastwood’s “Juror No. 2” (Warner Bros. Division, in spite of itself) debuts at #1 on PVOD. As noted initially last week, it immediately topped iTunes’ VOD last week and has maintained that position, and is also tops for the full week at Fandango. That’s a key sign of how public awareness of VOD has grown and how, for many, it’s a main source of recent movies that are otherwise minimally available to audiences in theaters. In the case of “Juror No. 2,” this was because of WB’s decision to keep its release limited (with very little marketing and most awareness created by social media outrage over its handling). But the primacy of VOD as a major source of revenue, and as a priority in terms of release, has been called into question by two very successful recent movies moving to streaming very quickly. Amazon MGM will stream “Red One” on Prime 27 days after its release (grossing $85 million so far in the U.S./Canada, #4 this past weekend with another $7 million). “ Conclave ” (Focus) will stream on parent company NBC Universal’s Peacock beginning Friday, after a short PVOD exclusive of just over two weeks, 49 days after its theatrical release. Those are both aggressive moves, particularly by Amazon. Though very quick for studios other than Universal in providing home availability, 27 days isn’t radical (though unusual for a film still doing as well in theaters as “Conclave”). But streaming, in this case meaning around 180 million U.S. Amazon Prime subscribers can watch the movie at no extra cost, is vastly more competitive to theaters than a $19.99 two-day PVOD rental. And also it is earlier than two other recent high-end Amazon productions. “Air” hit Prime after 38 days, “Saltburn” 36. And at a minimum it will limit PVOD interest (if even initially released; “Air” and “Saltburn” were initially Prime exclusives), with the substantial revenue available there not a priority apparently. By going on Peacock, “Conclave” will reduce its attractiveness to theaters during the upcoming awards period. Its late October release already suggested a stretch into January was unlikely, so after a better than expected $30 million U.S./Canada gross (with added revenue from PVOD; it was #1 at iTunes last week) it will get substantially more viewings on Peacock. This year both in release strategy ( “Conclave” surprisingly but successful had an initial wide opening ) and home availability, key contenders may be taking different routes. “Anora” (Neon) opened platform a week before “Conclave,” and has yet to go on PVOD. Figure that Oscar campaigners for these and other films will try to figure out what impact this has on their chances. “Juror No. 2” rents for $9.99, not the normal $19.99. Did this reduced pricepoint elevate interest and make its #1 ranking at iTunes more likely (their chart is determined by transactions)? Not insignificantly, Fandango ranks by revenue, which means its #1 placement there came with at least double the rentals for #2 “Elevation” (Vertical). The Eastwood movie, apart from the lower price, also will have depreciated performance with its streaming on Max starting on December 20. Sense a theme? Three key streamers will have top October/November films showing before Christmas. Christmas looms large on VOD otherwise. Ron Howard’s “How the Grinch Stole Christmas” (Universal) is second at iTunes, third at Fandango (despite renting for $3.99), with three other titles on iTunes top 10. Among recent releases, the second week of “Terrifier 3” (Cineverse) is only fifth at Fandango, not ranked at all at iTunes. Netflix, the streaming leader, debuted “It Ends with Us” Monday, with a certain #1 ranking possible for some time just ahead. Sony now has a quaint four month window with Netflix to stream its films. Two new originals join their top 10. “That Christmas,” written by Richard Curtis (“Four Weddings and a Funeral” and “Love Actually), a new British animated holiday film, is #2. #3 “Mary,” described by Netflix as a historic coming of age story, is about the birth of Christ. It was directed by D.J. Caruso, prominent two decades ago for “Salton Sea,” “Disturbia,” “Two for the Money,” and more recently “xXx”. Last week’s #1, “Our Little Secret” with Lindsay Lohan, holds on the fourth place. iTunes ranks films daily by number of transactions, while Fandango at Home lists by revenue. The listings below are for Monday, December 9 (iTunes) and the week of December 2-8 (Fandango). The distributors listed are current rights owners. Prices for all titles are for lowest for either rental or download. 1. Juror No. 2 (WB) – $9.99 2. How the Grinch Stole Christmas (Universal) – $3.99 3. Conclave (Focus) – $19.99 4. The Substance (MUBI) – $5.99 5. Rudolph the Red Nosed Reindeer (Universal) – $7.99 6. The Grinch (Universal) – $3.99 7. The Wild Robot (Universal) – $19.99 8. Deadpool & Wolverine (Disney) – $5.99 9. Home Alone (Disney) – $3.99 10. It Ends with Us (Sony) – $5.99 1. Juror No. 2 (WB) – $9.99 2. Elevation (Vertical) – $19.99 3. How the Grinch Stole Christmas (Universal) – $3.99 4. The Wild Robot (Universal) – $19.99 5. Terrifier 3 (Cineverse) – $19.99 6. Dear Santa (Paramount) – $14.99 7. Conclave (Focus) – $19.99 8. Beetlejuice Beetlejuice (WB) – $5.99 9. Alien: Romulus (Disney) – $5.99 10. Smile 2 (Paramount) – $19.99 These are the most-viewed, current rankings on Netflix’s domestic daily chart on December 9. Originals include both Netflix-produced and acquired titles it initially presents in the U.S. Netflix publishes its own worldwide weekly top 10 on Tuesdays based on time viewed , and usually includes films for which it doesn’t have domestic rights. They have no other U.S.-only weekly chart. 1. Subservience (2024 theatrical release) 2. That Christmas (Netflix British animated original) 3. Mary (Netflix original) 4. Our Little Secret (Netflix original) 5. Little (2019 theatrical release) 6. Run All Night (2015 theatrical release) 7. We’re the Millers (2013 theatrical release) 8. Midway (2019 theatrical release) 9. Faster (2010 theatrical release) 10. The Star (2017 theatrical release)Syria govt loses control of key city DaraaSyria's Assad toppled, flees to Russia after rebels advance
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White House says at least 8 US telecom firms, dozens of nations impacted by China hacking campaign
NoneNEW YORK (AP) — Police don't know who he is, where he is, or why he did it. As the frustrating search for UnitedHealthcare CEO Brian Thompson’s killer got underway for a fifth day Sunday, investigators reckoned with a tantalizing contradiction: They have troves of evidence, but the shooter remains an enigma. One conclusion they are confident of, however: It was a targeted attack , not a random one. They know he ambushed Thompson at 6:44 a.m. Wednesday as the executive arrived at the Hilton for his company’s annual investor conference, using a 9 mm pistol that resembled the guns farmers use to put down animals without causing a loud noise. They know ammunition found near Thompson’s body bore the words “delay,” “deny” and “depose,” mimicking a phrase used by insurance industry critics . The fact that the shooter knew UnitedHealthcare group was holding a conference at the hotel and what route Thompson might take to get there suggested that he could possibly be a disgruntled employee or client, NYPD Chief of Detectives Joseph Kenny said. Police divers were seen searching a pond in Central Park, where the killer fled after the shooting. Officers have been scouring the park for days for any possible clues and found his backpack there Friday. They didn’t immediately reveal what, if anything, it contained but said it would be tested and analyzed. On Sunday morning, police declined to comment on the contents of the backpack, or on the results of the search in the pond, saying no updates were planned. Investigators have urged patience, saying the process of logging evidence that stands up in court isn’t as quick as it looks like on TV . Hundreds of detectives are combing through video recordings and social media, vetting tips from the public and interviewing people who might have information, including Thompson’s family and coworkers and the shooter’s randomly assigned roommates at the Manhattan hostel where he stayed. Investigators caught a break when they came across security camera images of an unguarded moment at the hostel in which he briefly showed his face. Retracing the gunman’s steps using surveillance video, police say, it appears he left the city by bus soon after the shooting outside the New York Hilton Midtown. He was seen on video at an uptown bus station about 45 minutes later, Kenny said. With the high-profile search expanding across state lines, the FBI announced late Friday that it was offering a $50,000 reward for information leading to an arrest and conviction, adding to a reward of up to $10,000 that the NYPD has offered. Police say they believe the suspect acted alone. Police distributed the images to news outlets and on social media but so far haven’t been able to ID him using facial recognition — possibly because of the angle of the images or limitations on how the NYPD is allowed to use that technology, Kenny said. Late Saturday, police released two additional photos of the suspected shooter that appeared to be from a camera mounted inside a taxi. The first shows him outside the vehicle and the second shows him looking through the partition between the back seat and the front of the cab. In both, his face is partially obscured by a blue, medical-style mask.
TORONTO - Canada’s main stock index edged higher in trading on Wednesday, helped by strength in the technology sector, while U.S. stock markets also rose. The S&P/TSX composite index was up 5.45 points at 25,641.18. The index took a “breather” Wednesday ahead of key labour market indicators set to be released both in Canada and the U.S. this week, said Angelo Kourkafas, senior investment strategist at Edward Jones. Statistics Canada will report the latest data from the national labour force survey on Friday, the same day the November jobs report is due in the U.S. “That’s the last important data point for the Bank of Canada before they meet next week,” said Kourkafas. November was a strong month for equities, he said, so it isn’t surprising that investors are digesting the gains while they await new data. He said it’s expected that Statistics Canada will report an acceleration of job gains after last month brought a “relatively weak reading,” with job gains at about half of what analysts were expecting. While Canada’s central bank is expected to cut its key interest rate a fifth straight time on Dec. 11, the size of the cut could depend on that jobs data, he said. “We’re now looking at a rebound, but as the Bank of Canada deliberates between a quarter point cut versus half a percentage point cut, I think what we are going to see in terms of unemployment rate and the base of job gains is going to have a say into that,” said Kourkafas, adding that wage growth is another important metric to watch. “If we see steady job growth and slowing wages, that can potentially tilt the Bank of Canada towards a larger cut.” In New York, the Dow Jones industrial average was up 308.51 points at 45,014.04. The S&P 500 index was up 36.61 points at 6,086.49, while the Nasdaq composite was up 254.21 points at 19,735.12. U.S. markets were propelled by strength in the technology sector, said Kourkafas, highlighting strong results in quarterly earnings released this week by Salesforce Inc. and Marvell Technology Inc. “I think today’s results highlight that there is still a long runway and still enthusiasm, excitement about artificial intelligence and kind of that multi-year adoption cycle,” he said. The Canadian dollar traded for 71.09 cents US compared with 71.14 cents US on Tuesday. The January crude oil contract was down US$1.40 at US$68.54 per barrel and the January natural gas contract was up less than a penny at US$3.04 per mmBTU. The February gold contract was up US$8.30 at US$2,676.20 an ounce and the March copper contract was down less than a penny at US$4.20 a pound. This report by The Canadian Press was first published Dec. 4, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD)By Stephanie Lai and Hadriana Lowenkron, Bloomberg News Donald Trump says he is selecting venture capitalist David Sacks of Craft Ventures LLC to serve as his artificial intelligence and crypto czar, a newly created position that underscores the president-elect’s intent to boost two rapidly developing industries. “David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness. David will focus on making America the clear global leader in both areas,” Trump said Thursday in a post on his Truth Social network. Trump said that Sacks would also lead the Presidential Council of Advisors for Science and Technology. Related Articles In Sacks, Trump is tapping one of his most prominent Silicon Valley supporters and fundraisers for a prime position in his administration. Sacks played a key role in bolstering Trump’s fundraising among technology industry donors, including co-hosting an event at his San Francisco home in June, with tickets at $300,000 a head. He is also closely associated with Vice President-elect JD Vance, the investor-turned-Ohio senator. Sacks is a venture capitalist and part of Silicon Valley’s “PayPal Mafia.” He first made his name in the technology industry during a stint as the chief operating officer of PayPal, the payments company whose founders in the late 1990s included billionaire entrepreneur Elon Musk and investor Peter Thiel. After it was sold to eBay, Sacks turned to Hollywood, where he produced the 2005 satire Thank You for Smoking. Back in Silicon Valley, he founded workplace communications company Yammer, which was bought by Microsoft Corp. in 2012 for $1.2 billion. He founded his own venture capital firm, Craft Ventures, in 2017 and has invested in Musk-owned businesses, including SpaceX. Sacks said on a recent episode of his All-In podcast that a “key man” clause in the agreements of his venture firm’s legal documents would likely prevent him from taking a full-time position, but he might consider an advisory role in the new administration. A Craft spokeswoman said Sacks would not be leaving Craft. In his post, Trump said Sacks “will safeguard Free Speech online, and steer us away from Big Tech bias and censorship.” Protecting free speech is a keen interest of Sacks. He regularly speaks about “woke” interests that try to muzzle unpopular opinions and positions. Crypto czar The new post is expected to help spearhead the crypto industry deregulation Trump promised on the campaign trail. The role is expected to provide cryptocurrency advocates a direct line to the White House and serve as a liaison between Trump, Congress and the federal agencies that interface with digital assets, including the Securities and Exchange Commission and the Commodity Futures Trading Commission. Trump heavily campaigned on supporting crypto, after previously disparaging digital assets during his first White House term, saying their “value is highly volatile and based on thin air.” The president-elect on Thursday said Sacks would “work on a legal framework so the Crypto industry has the clarity it has been asking for, and can thrive in the U.S.” During the campaign, Trump spoke at a Bitcoin conference, accepted crypto campaign donations and met with executives from Bitcoin mining companies and crypto exchanges multiple times. Trump’s desire to give priority to the digital asset industry is also reflected in his close allies and cabinet selections, including his Commerce secretary pick, Howard Lutnick, and Treasury secretary nominee Scott Bessent. AI tech On the AI front, Sacks would help Trump put his imprint on an emerging technology whose popular use has exploded in recent years. Sacks is poised to be at the front lines in determining how the federal government both adopts AI and regulates its use as advances in the technology and adoption by consumers pose a wide array of benefits as well as risks touching on national security, privacy, jobs and other areas. The president-elect has expressed both awe at the power of AI technology as well as concern over the potential harms from its use. During his first term, he signed executive orders that sought to maintain US leadership in the field and directed the federal government to prioritize AI in research and development spending. As AI has become more mainstream in recent years and with Congress slow to act, President Joe Biden has sought to fill that void. Biden signed an executive order in 2023 that establishes security and privacy protections and requires developers to safety-test new models, casting the sweeping regulatory order as necessary to safeguard consumers. A number of technology giants have also agreed to adopt a set of voluntary safeguards which call for them to test AI systems for discriminatory tendencies or security flaws and to share those results. Trump has vowed to repeal Biden’s order. The Republican Party’s 2024 platform dismissed Biden’s executive order as one that “hinders AI Innovation, and imposes Radical Leftwing ideas on the development of this technology.” Musk ties Sacks can be expected to work closely with Musk, the world’s richest person and one of the president-elect’s most prominent supporters. Musk is also a player in the AI space with his company xAI and a chatbot named Grok — efforts which pit him against Silicon Valley’s giants — and he stands to wield significant influence within the incoming administration. The appointment won’t require Sacks to divest or publicly disclose his assets. Like Musk, Sacks will be a special government employee. He can serve a maximum of 130 days per year, with or without compensation. However, conflict of interest rules apply to special government employees, meaning Sacks will have to recuse himself from matters that could impact his holdings. Strong opinions Sacks’s Craft Ventures is known more for enterprise software investing than for crypto, but it has made a few crypto investments, including BitGo and Bitwise. Still, Sacks has firm opinions on the sector. Speaking last month on All-In, Sacks praised a bill on crypto regulation that had passed in the U.S. House but not the Senate earlier this year. The Financial Innovation and Technology for the 21st Century Act would regulate certain types of digital assets as a commodity, regulated by the Commodity Futures Trading Commission. “The crypto industry basically wants a really clear line for knowing when they’re a commodity and they want commodities to be governed, like all other commodities, by the CFTC,” he said on the November podcast. He also disparaged some of the Securities and Exchange Commission’s positions on crypto under its chair, Gary Gensler. “The days of Gensler terrifying crypto companies,” he said. “Those days are about to be over.” Earlier this week, Trump nominated crypto advocate Paul Atkins to lead the SEC. With assistance from Zoe Ma, Bill Allison, Sarah McBride, Anne VanderMey and stacy-marie ishmael. ©2024 Bloomberg L.P. Visit bloomberg.com. Distributed by Tribune Content Agency, LLC.
London honored for supporting student mental health and eliminating barriers to care NATICK, Mass. , Dec. 23, 2024 /PRNewswire/ -- The Boston Business Journal honored Uwill founder and CEO Michael London as part of its 2025 Innovators in Healthcare list . Honorees represent a cross-section of Boston -based innovators addressing some of the most urgent and pressing challenges in the health care industry. London is the founding CEO of Uwill , the leading mental health and wellness solution proudly supporting more than 3 million students at 400 institutions globally. Utilizing its proprietary technology and counselor team, Uwill pioneered the first student and therapist matching platform. The solution offers an immediate appointment with a licensed counselor based on student preferences, all modalities of teletherapy, a direct crisis connection, wellness programming, realtime data, and support. "It's truly an honor to be recognized among this incredible group of innovators," said Michael London , Uwill founder and CEO. "At Uwill, our mission is to break down barriers to mental health care, delivering immediate and accessible support to students worldwide. This recognition reflects more than innovation—it underscores our unwavering commitment to addressing a vital need for students everywhere." London is a recognized thought-leader and pioneer within social impact entrepreneurship, having created more than one billion dollars in company value throughout his career. In 2013, he founded Examity, a leader in learning validation and online proctoring. Prior, London led Bloomberg Institute, an EdTech start-up funded by former New York City Mayor Michael Bloomberg . Earlier in his career, he founded College Coach and co-founded EdAssist, both acquired by Bright Horizons Family Solutions. In 2019, he was a finalist for the EY Entrepreneur of the Year Award and held a position on the Massachusetts Governor's Commission for Digital Education and Lifelong Learning. Michael is a current Trustee at Beth Israel Deaconess Medical Center. He is a Member of the Advisory Board at Babson College where he graduated with honors. He also received his MBA from Boston University . About Uwill: Uwill is the leading mental health and wellness solution for colleges and students. As the most cost-effective way to enhance a college's mental health offering, Uwill partners with more than 400 institutions, including Princeton University , the Ohio State University , Santa Fe Community College , and University of Alabama - Online. Uwill is also the exclusive teletherapy education partner for the Online Learning Consortium and teletherapy education partner of NASPA. For more information, visit uwill.com . Contact: Brett Silk bsilk@uwill.com View original content to download multimedia: https://www.prnewswire.com/news-releases/uwill-founder--ceo-michael-london-named-innovator-in-healthcare-302338655.html SOURCE Uwill, Inc
Trump says he can’t promise tariffs won’t raise prices and won’t rule out revenge prosecutions
NoneOklahoma vs. Alcorn State Predictions & Picks: Spread, Total – December 7
