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By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) – In its latest jab at Beijing, the U.S. will empower companies like Google and Microsoft to act as gatekeepers worldwide for highly sought-after access to AI chips, two people familiar with the draft plan said. Under the regime, to be released as soon as this month, these companies would have to comply with strict requirements, from reporting key information to the U.S. government to blocking Chinese access to AI chips. That would permit them to offer AI capabilities within the cloud overseas without a license, the sources said. The new rules, some of whose details are being reported for the first time, show officials are scrambling in the waning days of the Biden administration to streamline the process for approving AI chip exports while also preventing bad actors from accessing them. The U.S. fears China could harness the power of AI to supercharge its military, unleash powerful cyber attacks or even train a bioweapon. The Commerce Department declined to comment on the content and timing of the new regulations. Sources cautioned the administration’s plans may change. Alphabet’s Google and Microsoft did not immediately respond to requests for comment. The measure takes a page from a national security agreement Microsoft inked with the U.S. government in April allowing it to provide AI technology to Emirati firm G42, the people said, whose historic ties to China fueled worry in Washington. Under the new draft rules, other companies beyond those with gatekeeper status will compete for licenses to import a smaller number of high-end Nvidia and AMD artificial intelligence chips in each country, one of the sources said. Nvidia, which makes the world’s most powerful AI chips, said it is ready to work with the administration on the rules. AMD did not immediately respond to a request for comment. Exempted from the regime’s caps would be 19 allied countries like the Netherlands and Japan plus Taiwan, which would have unlimited access to the AI chips or the capability they provide, two of the sources said. Also outside the framework would be a list of nuclear embargoed countries, including Russia, China, Iran and Venezuela, which are already blocked from acquiring U.S. AI semiconductors and would remain so. The U.S. government is conducting a final review of an “Artificial Intelligence Diffusion” rule drafted by the Commerce Department, according to a government posting this week, indicating it may be closing in on publication. Three sources said the posting referred to the AI caps. The Information Technology Industry Council, an advocacy association whose members include AMD and Google, is concerned the Biden administration is rushing the complex rule out without industry input that could head off adverse consequences. “If reports are accurate, such changes would dramatically expand the scope of export controls and have significant global implications,” Naomi Wilson, the council’s senior vice president of Asia and global trade policy, said in a statement. The rules build on a program unveiled in September that gives permission to pre-approved data centers overseas to receive AI chips without a license, two sources said. To achieve that status, data centers must provide information about customers, business activities, access restrictions and cybersecurity. (Reporting by Alexandra Alper and Karen Freifeld; additional reporting by David Shepardson; editing by Chris Sanders and Chizu Nomiyama) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );
AP Business SummaryBrief at 5:21 p.m. EST
Across New Jersey, reports of mysterious drone sightings have been rising for weeks, with people contacting authorities and posting on social media about aerial vehicles behaving strangely, especially at night. The reports have spread in New York City as well, with alleged sightings in Staten Island, Brooklyn, and Queens. The United States Federal Aviation Administration imposed a temporary ban in New Jersey this week on flying drones over the Army's Picatinny Arsenal in Wharton and a golf course owned by US president-elect Donald Trump in Bedminster. While the mystery has become a growing sensation, virtually no information has been available about whether the sightings are connected or represent anything out of the ordinary. Vague and noncommittal statements from state and federal authorities have only complicated the matter and fueled public intrigue. On Thursday, though, a joint FBI and Department of Homeland Security statement emphasized that ongoing state- and federal-level investigations have found no evidence of foreign involvement or a threat of any kind. The Department of Defense shared the same conclusion in a press conference on Wednesday. Furthermore, the FBI and DHS added that none of the sightings have been verified to have been drones at all. “We are supporting local law enforcement in New Jersey with numerous detection methods but have not corroborated any of the reported visual sightings with electronic detection,” US authorities said in a statement. “To the contrary, upon review of available imagery, it appears that many of the reported sightings are actually manned aircraft, operating lawfully. There are no reported or confirmed drone sightings in any restricted air space.” Multiple federal agencies have been collaborating with New Jersey State Police on the investigation, but the FBI and DHS noted in their statement that, “while there is no known malicious activity occurring in New Jersey, the reported sightings there do, however, highlight the insufficiency of current authorities,” seemingly referring to weeks of uncertainty about which institution was responsible for producing a public explanation for the sightings. “Today, I spoke with Liz Sherwood-Randall, White House homeland security adviser, to discuss my concerns over the federal government’s response to recent drone sightings in NJ,” New Jersey governor Phil Murphy wrote in a social media post on Thursday. “I’ll continue to press the federal government, including the FBI, for answers on behalf of the public.” Other politicians, including Senate majority leader Chuck Schumer and Senator Kirsten Gillibrand, Democrats from New York, and senators Cory Booker and Andy Kim, Democrats from New Jersey, sent a letter to the FBI, DHS, and Federal Aviation Administration on Thursday to demand more transparency and a briefing about the investigation. As the frenzy escalates, though, security specialists note that there is no evidence of a threat or indication that the aerial vehicles people are seeing are anything unusual. “There is nothing conclusive about these alleged drone sightings,” says Deviant Ollam, a New Jersey native and longtime physical security researcher. “It’s a famous and popular pastime of Americans to panic and make political hay out of things they don’t understand, and therefore, decide to fear.” Reports of drone sightings, whether they ultimately prove to be accurate or not, are often difficult to investigate quickly and thoroughly, especially given that different levels of law enforcement and aviation authorities are all potentially involved and must collaborate. Doing a thorough investigation quickly is also costly, especially when new reported sightings continue to emerge. For example, over a few days in December 2018, repeated—ultimately verified— drone sightings at Gatwick Airport south of London resulted in more than 1,000 cancelled flights, chaos for more than 150,000 travelers, more than $63 million of lost revenue for airlines, and an expenditure of nearly $1.3 million for the local Sussex police force's investigation. Ollam emphasizes that the speed with which such investigations can be accomplished correlates directly to how much funding officials have at their disposal. In the meantime, though, officials in the US have been scrambling to address theories about aliens and Iranian spy drones . “Each of these ‘drones’ have a green light on the right, a red light on the left, and a strobe light, which is required by the FAA at night. So either the aliens and Iranians are complying with FAA law or it's something else,” former Air National Guard member and former Illinois Republican representative Adam Kinzinger said in a social media video on Thursday. “You're allowed to fly over military bases and sensitive national security areas. In fact, small planes and pilots do this all the time and there's no restriction on it. So the freak-out doesn't really make sense.” Federal officials were clearly walking a delicate line on Thursday as they attempted to reassure the public without seeming disengaged. “We take seriously the threat that can be posed by unmanned aircraft systems (UAS), which is why law enforcement and other agencies continue to support New Jersey and investigate the reports,” the DHS and FBI said in their joint Thursday statement. “Historically, we have experienced cases of mistaken identity, where reported drones are, in fact, manned aircraft or facilities.”
Montreal Canadiens defenceman Mike Matheson was not available for Tuesday's game against the Utah Hockey Club due to a lower-body injury. Read this article for free: Already have an account? To continue reading, please subscribe: * Montreal Canadiens defenceman Mike Matheson was not available for Tuesday's game against the Utah Hockey Club due to a lower-body injury. Read unlimited articles for free today: Already have an account? Montreal Canadiens defenceman Mike Matheson was not available for Tuesday’s game against the Utah Hockey Club due to a lower-body injury. The Canadiens announced his injury half an hour before puck drop. Jayden Struble took his place in the lineup as Montreal (7-11-2) faced Utah (8-10-3) for the first time. Matheson participated in the morning skate but missed practice on Monday. The 30-year-old from nearby Pointe-Claire, Que., leads all Montreal blueliners with 13 points (one goal, 12 assists) in 20 games as the lone defenceman on the team’s top power-play unit. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Struble has one goal and three assists in 15 games this season. This report by The Canadian Press was first published Nov. 26, 2024. Advertisement
DENVER — A federal appeals court upheld a ruling Tuesday that allows a San Jose State women’s volleyball team member to play in this week’s Mountain West Conference tournament after a legal complaint said she should be ineligible on grounds that she is transgender and thus stronger, posing a safety risk to teammates and opponents. A two-judge panel of the 10th U.S. Circuit Court of Appeals agreed with U.S. Magistrate S. Kato Crews in Denver. On Monday he rejected the request for an emergency injunction, finding the players and others who challenged the league’s policy of allowing transgender athletes to participate should have filed the complaint earlier. The tournament starts Wednesday in Las Vegas, but top-seeded Colorado State and second-seeded San Jose State have byes into Friday’s semifinal matches. They waited too long Judge Crews and the 10th Circuit noted the request for the emergency injunction was filed in mid-November, less than two weeks before the tournament was scheduled to start. The complaint could have been made weeks earlier, both courts said. The first conference forfeit happened Sept. 28. All the schools that canceled games against San Jose State acknowledged at the time that they would take a league loss, Crews noted. The players and others who sued are disappointed that the appeals court found it would be “too disruptive” to enter an injunction the day before the tournament is scheduled to start, said William Bock III, an attorney for the plaintiffs. The appeals court said the plaintiffs' "claims appear to present a substantial question and may have merit,” but they have not made a clear case for emergency relief. “Plaintiffs look forward to ultimately receiving justice in this case when they prove these legal violations in court and to the day when men are no longer allowed to harm women and wreak havoc in women’s sport," Bock said in a statement. Status quo The athlete has played for San Jose State since 2022, but her participation only became an issue this season. The conference policy regarding forfeiting for refusing to play against a team with a transgender player has also been in effect since 2022, the conference said. Injunctions are meant to preserve the status quo, Judge Crews said, and her playing is the status quo. The motions for an injunction also asked that the four teams that had conference losses for refusing to play against San Jose State during the regular season have those losses removed from their records and that the tournament be re-seeded based on the updated records. Crews denied that motion and the 10th Circuit did not address it. Neither San Jose State nor the forfeiting teams have confirmed the school has a trans woman volleyball player. The Associated Press is withholding the player’s name because she has not commented publicly on her gender identity. School officials also have declined an interview request with the player. Crews’ ruling referred to the athlete as an “alleged transgender” player and noted that no defendant disputed that the San Jose State roster includes a transgender woman player. Transgender participation San Jose State “maintains an unwavering commitment to the participation, safety and privacy of all students at San Jose State and ensuring they are able to compete in an inclusive, fair and respectful environment,” Athletics Director Jeff Konya told students Tuesday. He praised the resilience student-athletes, the athletic department and staff have shown while the court challenges played out over the past nearly two weeks. “The fact that they have come to this point of the season as a team standing together on the volleyball court is a testament to their strength and passion for their sport,” Konya said. The conference said Monday it was “satisfied” with the judge’s decision and would continue upholding policies established by its board of directors, which “directly align with NCAA and USA Volleyball.” An NCAA policy that subjects transgender participation to the rules of sports governing bodies took effect this academic year. USA Volleyball says a trans woman must suppress testosterone for 12 months before competing. The NCAA has not flagged any issues with San Jose State. In Friday's semifinals, San Jose State is scheduled to play the winner of Wednesday’s match between Utah State and Boise State — teams that forfeited matches to San Jose State during the regular season. Boise State associate athletic director Chris Kutz declined to comment Monday on whether the Broncos would play San Jose State if they won their first-round tournament game. Utah State associate athletic director Doug Hoffman said the university is reviewing the order and the team is preparing for Wednesday’s match. Wyoming and Utah State also forfeited matches against San Jose State. Some athletic associations, Republican legislatures and school districts have sought in recent years to restrict the ability of transgender athletes, in particular transgender girls and women, to compete in line with their gender identity. The Republican governors of Idaho, Nevada, Utah and Wyoming have made public statements in support of the team cancellations, citing fairness in women’s sports. President-elect Donald Trump likewise has spoken out against allowing transgender women to compete in women’s sports.AU, UN Missions Urge South Sudan Parties To Implement Pending Peace Tasks In 2025There's no defending Jaguars GM Trent Baalke, especially amid his latest free-agent classGEORGETOWN 100, ALBANY 68
ADDISON, Texas--(BUSINESS WIRE)--Nov 25, 2024-- Concentra Group Holdings Parent, Inc. (“Concentra,” “we,” “us,” or “our”) (NYSE: CON) today announced that Select Medical Holdings Corporation (“Select Medical”) (NYSE: SEM) has completed its previously announced distribution (the “Distribution”) of 104,093,503 shares of Concentra’s common stock owned by Select Medical Corporation (“SMC”), a wholly owned subsidiary of Select Medical, representing approximately 81.7% of the outstanding shares of Concentra’s common stock. After the completion of the Distribution, Select Medical no longer owns any shares of Concentra’s common stock. The Distribution was made today to Select Medical’s stockholders as of the close of business on November 18, 2024 (the “Record Date”). The Distribution took place in the form of a pro rata common stock distribution to each of Select Medical’s stockholders on the Record Date. Based on the shares of Select Medical’s common stock outstanding on the Record Date, Select Medical’s stockholders received 0.806971 shares of Concentra’s common stock for every share of Select Medical’s common stock held as of the Record Date. No fractional shares of Concentra’s common stock were distributed. Instead, Select Medical’s stockholders will receive cash in lieu of any fraction of a share of Concentra’s common stock that they otherwise would have received. On November 19, 2024, Select Medical made available an information statement to its stockholders on the Record Date, which included details on the Distribution. The information statement is posted under the Investor Relations tab on Select Medical’s website at www.selectmedical.com/investor-relations/ . About Concentra Concentra is the largest provider of occupational health services in the United States by number of locations, with the mission of improving the health of America’s workforce, one patient at a time. Concentra’s 11,000 colleagues and affiliated physicians and clinicians support the delivery of an extensive suite of services, including occupational and consumer health services and other direct-to-employer care, to more than 50,000 patients each day on average across 45 states at our 549 occupational health centers, 156 onsite health clinics at employer worksites, and Concentra Telemed as of September 30, 2024. This press release may contain forward-looking statements based on current management expectations. Numerous factors, including those related to market conditions and those detailed from time-to-time in Concentra’s filings with the Securities and Exchange Commission, may cause results to differ materially from those anticipated in the forward-looking statements. Many of the factors that will determine Concentra’s future results are beyond the ability of Concentra to control or predict. These statements are subject to risks and uncertainties and, therefore, actual results may differ materially. Readers should not place undue reliance on forward-looking statements, which reflect management’s views only as of the date hereof. Concentra undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. View source version on businesswire.com : https://www.businesswire.com/news/home/20241125422840/en/ CONTACT: Investor inquiries: Bill Chapman Vice President, Strategy & Investor Relations 972-725-6488 ir@concentra.com KEYWORD: UNITED STATES NORTH AMERICA TEXAS INDUSTRY KEYWORD: HEALTH TELEMEDICINE/VIRTUAL MEDICINE HEALTH TECHNOLOGY HEALTH INSURANCE MANAGED CARE GENERAL HEALTH SOURCE: Concentra Group Holdings Parent, Inc. Copyright Business Wire 2024. PUB: 11/25/2024 05:30 PM/DISC: 11/25/2024 05:28 PM http://www.businesswire.com/news/home/20241125422840/enPayman launches attack on Hanson
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Washington, Dec 1 (PTI) President-elect Donald Trump on Saturday warned BRICS countries against any move to replace the US dollar and has sought a commitment from the nine-member group that includes India, Russia, China, and Brazil. BRICS, formed in 2009, is the only major international group of which the United States is not a part. Its other members are South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates. Over the past few years a few of its member countries, in particular Russia and China, are seeking an alternative to the US Dollar or create own BRICS currency. India has so far not been part of the move. Also Read | Bangladesh: ISKCON Claims Arrest of 2 More Monks, Ranganath Das Brahmachari and Chinmoy Krishna Das' Assistant Adipurush Shyamdas Without Warrant Amid Row. On Saturday, Trump warned BRICS nations against such a move. “The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER,” the president-elect said in a post on Truth Social, a platform owned by him. Also Read | Gautam Adani Breaks Silence on US Fraud Charges, Says 'Every Attack Makes Us Stronger, Every Obstacle Becomes Stepping Stone for More Resilient Adani Group'. “We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs and should expect to say goodbye to selling into the wonderful U.S. Economy,” Trump warned. “They can go find another 'sucker!' There is no chance that the BRICS will replace the US Dollar in International Trade, and any Country that tries should wave goodbye to America,” he said. At the 2023 summit in South Africa, BRICS countries committed to study the feasibility of a new common currency. A proposal in this regard was made by the Brazilian President Luiz Inacio Lula de Silva. India, an important pillar of BRICS, has said it is against de-dollarisation. "...ask you about de-Dollarization as a possibility for the world. At times India has expressed interest in alternative currency. It can serve as a reserve mechanism. I wonder how do you see that right now what you see as the role of the dollar and these discussions about your national policy? India's External Affairs Minister S Jaishankar said during his appearance at the Carnegie Endowment for International Peace this fall. “I think you have us confused for someone else because we have never actively targeted the dollar. That's not part of either our economic policy or our political or our strategic policy. Some others may have,” Jaishankar said. “What I will tell you is a natural concern there. We often have trade partners who do not have dollars to take. So, we now have to look at whether we forgo dealings with them or do we find some settlement which works otherwise. So, there's no, I can say malicious intent vis-a-vis the dollar in business. WE are trying to do our business,” he said. “Sometimes you make it difficult in the use of dollars. We have some trade partners with whom trade in dollars becomes difficult because of your policies. We have to obviously look for workarounds. But for us, as we spoke about rebalancing, we spoke about multiple obviously all of this is also going to reflect on currencies and economic needs,” said the External Affairs Minister on October 1 this year. (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)LONGBOAT KEY, Fla, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rumble ( NASDAQ:RUM ), the video-sharing platform and cloud services provider, announced today that its Board of Directors has approved a corporate treasury diversification strategy of allocating a portion of the company’s excess cash reserves to Bitcoin. This move emphasizes Rumble’s belief in Bitcoin as a valuable tool for strategic planning and is designed to accelerate the company’s expansion into cryptocurrency. Rumble’s Bitcoin allocation strategy will include purchases, at the discretion of the company, of up to $20 million. “We believe that the world is still in the early stages of the adoption of Bitcoin, which has recently accelerated with the election of a crypto-friendly U.S. presidential administration and increased institutional adoption. Unlike any government-issued currency, Bitcoin is not subject to dilution through endless money-printing, enabling it to be a valuable inflation hedge and an excellent addition to our treasury,” said Rumble Chairman and CEO Chris Pavlovski. “We are also excited to strengthen our ties with crypto and to bolster our efforts to become the leading video and cloud services platform for the crypto community,” Pavlovski added. The actual timing and value of Bitcoin purchases, if any, under the allocation strategy will be determined by management in its discretion and will depend on several factors, including, among others, general market and business conditions, the trading price of Bitcoin and the anticipated cash needs of Rumble. The allocation strategy may be suspended, discontinued or modified at any time for any reason. ABOUT RUMBLE Rumble is a high-growth video platform and cloud services provider that is creating an independent infrastructure. Rumble’s mission is to restore the internet to its roots by making it free and open once again. For more information, visit: corp.rumble.com . Contact: press@rumble.com Forward-Looking Statements Certain statements in this press release constitute “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Statements contained in this press release that are not historical facts are forward-looking statements and include, for example, statements regarding our new corporate treasury diversification strategy of allocating a portion of the company’s excess cash reserves to Bitcoin and the acceleration of our expansion into cryptocurrency. Certain of these forward-looking statements can be identified by using words such as “anticipates,” “believes,” “intends,” “estimates,” “targets,” “expects,” “endeavors,” “forecasts,” “well underway,” “could,” “will,” “may,” “future,” “likely,” “on track to deliver,” “on a trajectory,” “continues to,” “looks forward to,” “is primed to,” “plans,” “projects,” “assumes,” “should” or other similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, and our actual results could differ materially from future results expressed or implied in these forward-looking statements. The forward-looking statements included in this release are based on our current beliefs and expectations of our management as of the date of this release. These statements are not guarantees or indicative of future performance. Important assumptions and other important factors that could cause actual results to differ materially from those forward-looking statements include risks inherent with investing in Bitcoin, including Bitcoin’s volatility; the risks of implementing a new treasury diversification strategy; our ability to grow and manage future growth profitably over time, maintain relationships with customers, compete within our industry and retain key employees; the possibility that we may be adversely impacted by economic, business, and/or competitive factors; our limited operating history makes it difficult to evaluate our business and prospects; our recent and rapid growth may not be indicative of future performance; we may not continue to grow or maintain our active user base, and may not be able to achieve or maintain profitability; risks relating to our ability to attract new advertisers, or the potential loss of existing advertisers or the reduction of or failure by existing advertisers to maintain or increase their advertising budgets; Rumble Cloud, our recently launched cloud services business, may not achieve success and, as a result, our business, financial condition and results of operations could be adversely affected; negative media campaigns may adversely impact our financial performance, results of operations, and relationships with our business partners, including content creators and advertisers; spam activity, including inauthentic and fraudulent user activity, if undetected, may contribute, from time to time, to some amount of overstatement of our performance indicators; we collect, store, and process large amounts of user video content and personal information of our users and subscribers and, if our security measures are breached, our sites and applications may be perceived as not being secure, traffic and advertisers may curtail or stop viewing our content or using our services, our business and operating results could be harmed, and we could face governmental investigations and legal claims from users and subscribers; we may fail to comply with applicable privacy laws; we are subject to cybersecurity risks and interruptions or failures in our information technology systems and, notwithstanding our efforts to enhance our protection from such risks, a cyber incident could occur and result in information theft, data corruption, operational disruption and/or financial loss; we may be found to have infringed on the intellectual property of others, which could expose us to substantial losses or restrict our operations; we may face liability for hosting a variety of tortious or unlawful materials uploaded by third parties, notwithstanding the liability protections of Section 230 of the Communications Decency Act of 1996; we may face negative publicity for removing, or declining to remove, certain content, regardless of whether such content violated any law; paid endorsements by our content creators may expose us to regulatory risk, liability, and compliance costs, and, as a result, may adversely affect our business, financial condition and results of operations; our traffic growth, engagement, and monetization depend upon effective operation within and compatibility with operating systems, networks, devices, web browsers and standards, including mobile operating systems, networks, and standards that we do not control; our business depends on continued and unimpeded access to our content and services on the internet and, if we or those who engage with our content experience disruptions in internet service, or if internet service providers are able to block, degrade or charge for access to our content and services, we could incur additional expenses and the loss of traffic and advertisers; we face significant market competition, and if we are unable to compete effectively with our competitors for traffic and advertising spend, our business and operating results could be harmed; we rely on data from third parties to calculate certain of our performance metrics and real or perceived inaccuracies in such metrics may harm our reputation and negatively affect our business; changes to our existing content and services could fail to attract traffic and advertisers or fail to generate revenue; we derive the majority of our revenue from advertising and the failure to attract new advertisers, the loss of existing advertisers, or the reduction of or failure by existing advertisers to maintain or increase their advertising budgets would adversely affect our business; we depend on third-party vendors, including internet service providers, advertising networks, and data centers, to provide core services; hosting and delivery costs may increase unexpectedly; we have offered and intend to continue to offer incentives, including economic incentives, to content creators to join our platform, and these arrangements may involve fixed payment obligations that are not contingent on actual revenue or performance metrics generated by the applicable content creator but rather are based on our modeled financial projections for that creator, which if not satisfied may adversely impact our financial performance, results of operations and liquidity; we may be unable to develop or maintain effective internal controls; potential diversion of management’s attention and consumption of resources as a result of acquisitions of other companies and success in integrating and otherwise achieving the benefits of recent and potential acquisitions; we may fail to maintain adequate operational and financial resources or raise additional capital or generate sufficient cash flows; changes in tax rates, changes in tax treatment of companies engaged in e-commerce, the adoption of new tax legislation, or exposure to additional tax liabilities may adversely impact our financial results; compliance obligations imposed by new privacy laws, laws regulating social media platforms and online speech in certain jurisdictions in which we operate, or industry practices may adversely affect our business; and those additional risks, uncertainties and factors described in more detail under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2023, and in our other filings with the Securities and Exchange Commission. We do not intend, and, except as required by law, we undertake no obligation, to update any of our forward-looking statements after the issuance of this release to reflect any future events or circumstances. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Rumble on Social Media Investors and others should note that we announce material financial and operational information to our investors using our investor relations website ( investors.rumble.com ), press releases, SEC filings and public conference calls and webcasts. We also intend to use certain social media accounts as a means of disclosing information about us and our services and for complying with our disclosure obligations under Regulation FD: the @rumblevideo X (formerly Twitter) account ( x.com/rumblevideo ), the @gamingonrumble X (formerly Twitter) account ( x.com/gamingonrumble ), the @rumble TRUTH Social account ( truthsocial.com/@rumble ), the @chrispavlovski X (formerly Twitter) account ( x.com/chrispavlovski ), and the @chris TRUTH Social account (truthsocial.com/@chris), which Chris Pavlovski, our Chairman and Chief Executive Officer, also uses as a means for personal communications and observations. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our investor relations website.
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Chief minister Bhagwant Singh Mann on Friday called upon the teachers, who recently returned from training in Finland, to be the harbingers of revolutionising the education system in the state. Mann, who met them at his official residence, said that these teachers, who were sent to Finland for a social cause and received world-class training, should become role models for students. He said the teachers have been bestowed the responsibility of giving a firm foundation for the country. The first batch of 72 government school teachers from Punjab had left for training in Finland in October. The CM called upon the teachers to groom the students of government schools well, thereby enabling them to be active partners in the socio-economic progress of the state. He expressed hope that the students taught by these teachers will be able to compete well with their convent-educated peers. He envisioned that these teachers would share their expertise with the students and their colleagues to give much-needed impetus to the education sector. He said that education forms the backbone of any society and in Punjab his government has been striving to continuously improve the education system, to ensure that every child, regardless of his or her background, gets access to high-quality learning. “Finland was chosen because it was globally renowned for having one of the most effective education systems. This training will further widen the horizon of the teachers by equipping them with state-of-the-art teaching practices, leadership skills and others,” he added. Education minister Harjot Singh Bains announced that students will soon get to visit the prestigious Indian Institute of Science and Google Head Office. “This unique experience aims to inspire and educate students, providing them with valuable exposure to cutting-edge technology and innovation,” he added. School education department officials were also present.None