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LONDON , NEW YORK , and SYDNEY , Dec. 22, 2024 /PRNewswire/ -- DAZN , a world-leading sports entertainment platform, has today announced an agreement to acquire Foxtel Group (' Foxtel ') from its majority shareholder News Corp and minority shareholder Telstra at an enterprise value of US$2.2 billion , subject to regulatory approval. The acquisition establishes DAZN as a leader in sports entertainment in Australia – a highly attractive sports market – while also expanding DAZN's global footprint and enhancing the group's standing as the global home of sport. The addition of Foxtel to DAZN brings the Group's pro-forma revenues towards US$6 billion and provides the additional content, expertise, and expansion opportunities to accelerate DAZN's growth trajectory. Foxtel is one of Australia's leading media companies, with 4.7 million subscribers, who will benefit from DAZN's extensive portfolio of sports content, platform technology, and global reach. From its beginnings as Australia's original pay-TV innovator, Foxtel has evolved to become a digital and streaming leader in sports and entertainment and the proposed transaction positions Foxtel for continued expansion as a digital-first, streaming-focused business. Foxtel will maintain its local character, led by the CEO, Patrick Delany , and his world-class management team. DAZN, a sports streaming platform with a truly global reach, is committed to growing the global audience for domestic Australian sports across the 200 territories in which it is available. Under the terms of the transaction, News Corp and Telstra will become minority shareholders in DAZN, enabling them to retain an interest in Foxtel. Shay Segev , Chief Executive Officer of DAZN, said: "Australians watch more sport than any other country in the world, which makes this deal an incredibly exciting opportunity for DAZN to enter a key market, marking another step in our long-term strategy to become the global home of sport. Foxtel is a successful business that has undergone a remarkable digital transformation in recent years, and we are confident that our global reach and relentless pursuit of innovation will continue to drive the business forward and ensure long-term success. "We are committed to supporting and investing in Foxtel's television and streaming services, across both sports and entertainment, using our world-leading technology to further enhance the viewing experience for customers. We are also committed to using our global reach to export Australia's most popular sports to new markets around the world, and we will continue to promote women's and under-represented sports. "We're looking forward to working closely with Patrick Delany and his team, as well as News Corp and Telstra as shareholders in DAZN, to realise our ambitious vision for the future of sport entertainment." Siobhan McKenna , the Chairman of Foxtel , said the agreement with DAZN was international recognition of the transformation of Foxtel from an incumbent pay TV operator to a sports and entertainment digital and streaming leader. "Over the last seven years the Foxtel team, with the strong support of News, have achieved an extraordinary turnaround in an intensely competitive environment." Foxtel Group CEO, Patrick Delany , said: "Today's announcement is a natural evolution for the Foxtel Group, having reinvented the company over the past five years as Australia's most dynamic technology-led streaming company. "Kayo and Foxtel provide Australian sports fans with access to the best Australian and international sport and shows, including AFL, NRL and Cricket with 4.7 million subscribers. "We are excited by DAZN's commitment to the Australian market. They are experts in the sports media business and can play a significant role in supporting Foxtel as the business grows its streaming capabilities, bringing a bigger and better service to customers across entertainment, news and sport. They are a perfect match for us as we look toward this next era of growth. "We have been grateful for the support of News Corp while we reimagined the future of Foxtel. In 2019, when we merged Foxtel and Fox Sports we had many people questioning our future. "After launching Kayo later in 2019 and BINGE in 2020, today we are the largest Australian-based streamer of sport and entertainment, we have stabilised our Foxtel base and launched Hubbl to help consumers find all the streamed content they love all in one place. This wouldn't have been possible without the support and encouragement of News Corp." NOTES TO EDITORS About DAZN As a world-leading sports entertainment platform, DAZN streams over 90,000 live events annually and is available in more than 200 markets worldwide. DAZN is the home of European football, women's football, boxing and MMA, and the NFL internationally. The platform features the biggest sports and leagues from around the world – Bundesliga, Serie A, LALIGA, Ligue 1, Formula 1, NBA, Moto GP, and many more including the 2025 FIFA Club World Cup. DAZN is transforming the way people enjoy sport. With a single, frictionless platform, sports fans can watch, play, buy, and connect. Live and on-demand sports content, anywhere, in any language, on any device – only on DAZN. DAZN partners with leading pay-TV operators, ISPs and Telcos worldwide to maximise sports exposure to a broad audience. Its partners include Deutsche Telekom, Orange, Sky, Movistar, Telenet, Vodafone, and many more. DAZN is a global, privately-owned company, founded in 2016, with more than 3,000 employees. The Group generated $3.2bn in revenue in 2023, having grown its annual revenues by over 50% on average from 2020 to 2023, through diverse revenue streams comprising subscriptions, advertising, sponsorship, and transactional. For more information on DAZN, our products, people, and performance, visit www.dazngroup.com . About Foxtel The Foxtel Group is one of Australia's leading media companies with 4.7 million subscribers. Its businesses include subscription television, streaming, sports production and advertising. The Foxtel Group is owned 65% by News Corp and 35% by Telstra. The Foxtel Group's diversified business includes Fox Sports, Australia's leading sports production company, famous for live sports and shows with the best commentators and personalities. It is also the home of local and global entertainment content and continues to be the partner of choice for the widest range of sports and international content providers based on established, long-term relationships, growing streaming audiences, and position as the largest Australian-based subscription television company. View original content: https://www.prnewswire.com/news-releases/dazn-advances-global-expansion-with-acquisition-of-foxtel-a-leading-australian-sports-and-entertainment-media-group-302337994.html SOURCE DAZNgame slot online olympus

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AppLovin Co. ( NASDAQ:APP – Get Free Report ) gapped down before the market opened on Friday following insider selling activity. The stock had previously closed at $318.24, but opened at $309.00. AppLovin shares last traded at $309.94, with a volume of 1,995,050 shares traded. Specifically, CFO Matthew Stumpf sold 21,101 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $332.67, for a total transaction of $7,019,669.67. Following the transaction, the chief financial officer now directly owns 213,336 shares of the company’s stock, valued at $70,970,487.12. This represents a 9.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website . Also, Director Craig Scott Billings sold 18,000 shares of AppLovin stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $318.94, for a total value of $5,740,920.00. Following the completion of the sale, the director now owns 2,987 shares of the company’s stock, valued at $952,673.78. The trade was a 85.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In other news, CTO Vasily Shikin sold 593,588 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $319.37, for a total transaction of $189,574,199.56. Following the sale, the chief technology officer now owns 3,919,024 shares of the company’s stock, valued at $1,251,618,694.88. This trade represents a 13.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link . Wall Street Analysts Forecast Growth Several equities research analysts recently issued reports on APP shares. Wells Fargo & Company raised their target price on shares of AppLovin from $250.00 to $360.00 and gave the stock an “overweight” rating in a report on Wednesday. JPMorgan Chase & Co. lifted their price objective on AppLovin from $160.00 to $200.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Loop Capital increased their target price on AppLovin from $181.00 to $385.00 and gave the company a “buy” rating in a report on Monday, November 11th. The Goldman Sachs Group downgraded AppLovin from a “buy” rating to a “neutral” rating and boosted their price target for the company from $103.00 to $150.00 in a research note on Monday, October 14th. Finally, Jefferies Financial Group increased their price objective on shares of AppLovin from $105.00 to $108.00 and gave the stock a “buy” rating in a research note on Tuesday, September 10th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, AppLovin currently has a consensus rating of “Moderate Buy” and a consensus price target of $222.96. AppLovin Stock Performance The stock has a market cap of $111.86 billion, a P/E ratio of 101.00, a PEG ratio of 3.92 and a beta of 1.86. The firm’s 50-day moving average price is $181.30 and its 200-day moving average price is $117.41. The company has a debt-to-equity ratio of 3.70, a current ratio of 2.41 and a quick ratio of 2.41. AppLovin ( NASDAQ:APP – Get Free Report ) last released its quarterly earnings data on Wednesday, November 6th. The company reported $1.25 EPS for the quarter, beating the consensus estimate of $0.92 by $0.33. AppLovin had a net margin of 26.85% and a return on equity of 122.24%. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the firm earned $0.30 EPS. The business’s revenue was up 38.6% on a year-over-year basis. Sell-side analysts expect that AppLovin Co. will post 4.05 earnings per share for the current fiscal year. Institutional Trading of AppLovin Several hedge funds have recently modified their holdings of APP. SOA Wealth Advisors LLC. bought a new stake in AppLovin in the third quarter worth $59,000. Virtu Financial LLC purchased a new position in shares of AppLovin in the 3rd quarter worth $3,211,000. Invst LLC increased its holdings in shares of AppLovin by 23.2% in the 3rd quarter. Invst LLC now owns 6,812 shares of the company’s stock worth $889,000 after buying an additional 1,284 shares during the last quarter. TD Private Client Wealth LLC raised its position in shares of AppLovin by 272.0% during the 3rd quarter. TD Private Client Wealth LLC now owns 305 shares of the company’s stock valued at $40,000 after buying an additional 223 shares in the last quarter. Finally, Toronto Dominion Bank lifted its holdings in shares of AppLovin by 38.8% in the 3rd quarter. Toronto Dominion Bank now owns 25,174 shares of the company’s stock valued at $3,286,000 after acquiring an additional 7,039 shares during the last quarter. 41.85% of the stock is owned by hedge funds and other institutional investors. AppLovin Company Profile ( Get Free Report ) AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products. See Also Receive News & Ratings for AppLovin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AppLovin and related companies with MarketBeat.com's FREE daily email newsletter .

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INDIANAPOLIS – When the concept of the NFL’s most dangerous offense is broached, the image that first comes to mind likely depends on the age of the beholder. It could be Dan Marino’s Miami Dolphins or perhaps Kurt Warner’s Los Angeles Rams. Maybe it’s Peyton Manning’s Indianapolis Colts or Tom Brady’s New England Patriots. For the youngest observers, it’s likely Patrick Mahomes’ Kansas City Chiefs. Each of those units – no matter the era in which they played – had one thing in common: an explosive passing game that put video game numbers on the stat sheet week in and week out. The Detroit Lions – this year’s highest scoring NFL offense – certainly have that capability. But this is a team that very much reflects the personality of its head coach – former NFL tight end Dan Campbell. In addition to the aerial exploits of quarterback Jared Goff and his fleet of receivers, the Lions (9-1) boast the league’s third-ranked rushing offense. Two players – Jahmyr Gibbs (796 yards, eight touchdowns) and David Montgomery (595 yards, 10 touchdowns) – already have surpassed the 500-yard rushing mark, and Detroit is not afraid to get down in the trenches and bully the opposition when the situation calls for it. “We had a joint practice what, two years ago with them, and I think what stood out is that they are a physical, tough team,” Colts defensive coordinator Gus Bradley said. “They come in with a mentality. So it starts with that. It comes from their head coach. He's done a great job with that culture. Then you look at their skillset, right? They've got two really good running backs. Their offensive line is – I mean compared to a lot of the great offensive lines that have played. “So up front, they can run the ball. They can protect. The quarterback is playing – I mean, if he has three incompletions in a game, that's a shocker to him. So they're just very effective. They're very efficient. They've got playmakers on the perimeter. ... If they don't score every series, they're upset. So very explosive that way, and it's a great challenge for us.” Indianapolis has won its last two meetings against Mahomes and the Chiefs in large part by being the more physical team on the field. The Colts ran the ball efficiently in both a 2019 victory at Arrowhead Stadium and a 2023 upset at Lucas Oil Stadium. That helped keep the Kansas City offense on the sideline, and the Indianapolis defense made some big plays at opportune times to further limit the damage. That won’t be a simple formula to replicate Sunday against the Lions. Detroit has the fifth-ranked run defense in terms of total yards and is 11th with an average of 4.3 yards allowed per carry. So keeping the ball out of the Lions’ hands will take significant effort. And when Detroit has possession, it’s absolutely lethal. The Lions average 33.6 points per game and have topped the 40-point barrier four times – including two 52-point showings in the past four weeks, against the Colts’ AFC South rivals Tennessee and Jacksonville. Detroit put up a massive 645 yards of total offense last week against the Jaguars, and its 46-point margin of victory marked the third time this year it has won by more than 35 points. This is domination often witnessed in the college game but rarely at the pro level. “Obviously, they play hard for all four quarters,” Indianapolis defensive tackle DeForest Buckner said. “They play really well together, especially offensively. On the offensive line, they do a really good job working with each other, communicating. They’ve got a lot of great skill players. They’ve probably got one of the best running back duos in the league. Obviously, Jared Goff is playing at a very high level. “So, defensively, we’ve got to be on a lot of our keys and our technique. We’ve just got to continue to communicate better and just make sure that everybody, especially in the run game, are in their gaps and their fits.” Left tackle Bernhard Raimann (knee) did not practice again Thursday, increasing the chances Indianapolis will again start three rookies on the offensive line. Right tackle Braden Smith (foot) was upgraded to full participation. Defensive end Tyquan Lewis (elbow) and wide receiver Michael Pittman Jr. (back) were full participants for the second straight day. Wide receiver Josh Downs (calf) and cornerback Kenny Moore II (knee) were added to the report but were full participants Thursday. Cornerback Terrion Arnold (groin) was added a limited participant for the Lions and was the only player on Detroit’s 53-man roster who was not a full participant.

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Tesla Stock Closes At New Record High As Shares Surge 6% - ForbesCARBONDALE, Ill. (AP) — Southern Illinois quarterback Michael Lindauer's coming-out party also was a dazzling farewell. The senior graduate assistant, pressed into duty as a player again when injuries left the Salukis in need of a quarterback, made his first career start — on Senior Day, no less — and threw for a school-record seven touchdowns in a 62-0 victory over Murray State on Saturday. “This was incredible,” Lindauer said. “The guys around me — thank the guys. The receivers were making plays, the O-line's blocking. When you get on a roll like that, stuff just starts happening.” The fifth-year senior, a transfer from Cincinnati, completed 20 of 33 passes for 283 yards. Keontez Lewis caught scoring passes of 4 and 64 yards. Bradley Clark had TDs of 35 and 23 yards. Nah’shawn Hezekiah had touchdowns of 19 and 35 yards on his two catches. And Jay Jones caught one pass for 1 yard — also a touchdown. Before the game, Lindauer had attempted 27 career passes. “Now, he's in the record book,” Salukis coach Nick Hill said. “It will be a hard record to beat, seven TDs in one game. ... What he's done ... just being so selfless and coming back and being a player. The team needed it. ... It’s a testament that if you stay committed, do the right things, have a great attitude, you’re going to get rewarded at some point, and he was rewarded in a big way today.” Southern Illinois finished the season 4-8 overall and 2-5 in the Missouri Valley Conference, but “to go out like that, that's a good way to go out,” Hill said. Lindauer was named the MVC offensive player of the week for his performance in his first and last career start. He plans to return in the spring, again as a graduate assistant coach, but this time with a resume to lean on. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballIn 2nd list, Cong names 13 nominees

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