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Looking ahead, Rashford's future in football is bright. If he continues to develop and perform at the highest level, his value could soar even higher in the coming years. As he enters his prime years as a footballer, he has the opportunity to cement his place among the elite players in the world.As the investigation into the shooting continues, the business community mourns the loss of the executive and grapples with the shocking reality of a promising young man's descent into violence. The case serves as a stark reminder of the importance of addressing grievances in a constructive and non-violent manner, as well as the potential consequences of unchecked resentment and anger.Qatar tribune Tribune News Network Doha The University of Doha for Science and Technology (UDST) hosted IEEE 2024 conference on smart communities (HONET), a premier global forum dedicated to advancing research and innovation in optical networking, communication technologies, and their applications across diverse industries. The event brought together global experts to discuss the latest advancements in Artificial Intelligence (AI), robotics, Internet of Things (IoT), and smart solutions for enhancing quality of life. This year’s conference provided a platform for knowledge exchange and innovation, featuring keynote presentations, technical sessions, and groundbreaking symposia on urban mobility, e-healthcare, and secure AI applications. Dr. Salem Al-Naemi, president of UDST, said: “Hosting and Organising IEEE HONET this year is a remarkable milestone for our institution in particular and for Qatar in general. This event reflects UDST’s strong commitment in driving applied research and contributing to local and global developments in technology to enhance the quality of life. It also aligns with the Economic Development and Human Development pillars of Qatar National Vision 2030, which emphasise the importance of technological advancements. We are proud to have witnessed meaningful discussions and research exploring various technological methodologies that could benefit the society and support the economy.” The conference also highlighted the collaborative efforts of the Ministry of Communications and Information Technology. Duha Al-Buhendi, digital society and digital competencies director at the Ministry, said: “With the rapid advancement of technologies, we understand the need to adapt to the evolving job market. We recognise a growing divide between our current workforce skills and tomorrow’s job requirements. “Through strategic training programs and partnerships with leading academic institutions and technology companies, we are committed to upskilling talent across the country. Our goal is clear: to use these powerful tools to strengthen human capabilities rather than replace them.” The three-day conference brought together researchers, academics, and industry leaders from across the globe, serving as a testament to UDST’s growing reputation as a leading hub for applied technical and vocational excellence. Copy 04/12/2024 10
Furthermore, the combination of silicon photonics I/O and 3D vertical stack DRAM memory underscores NVIDIA's commitment to driving innovation in AI computing and pushing the boundaries of what is possible. By harnessing the power of these cutting-edge technologies, NVIDIA is poised to deliver a new era of AI accelerators that offer unparalleled performance, efficiency, and scalability, setting the stage for the next wave of AI advancements.The timing of the 4th Plenary Session of the 20th CCDI is significant as it comes at a time when China is facing complex domestic and international challenges. By reaffirming the party's commitment to discipline and integrity, the meeting aims to strengthen the party's leadership, boost public confidence, and foster a clean and efficient government.As Nani bid farewell to the football pitch and embarked on a new chapter of his life, he did so with a sense of pride and fulfillment. He may not have become the next Cristiano Ronaldo, but he had become something even more important - himself. And in that realization, Nani found peace, knowing that he had made his mark on the beautiful game in his own unique way.
In addition to the dissolution of banks, efforts are also being made to facilitate mergers and acquisitions within the sector. By encouraging strategic alliances and partnerships among banks, regulators seek to create stronger and more sustainable institutions that are better equipped to meet the evolving needs of customers and navigate the increasingly complex financial landscape.
SAN FRANCISCO--(BUSINESS WIRE)--Dec 5, 2024-- Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations ® Cloud, reported financial results for the third quarter ended November 2, 2024, and released a shareholder letter accessible from the Samsara investor relations website at . “We achieved another strong quarter of durable and efficient growth at a greater scale,” said Sanjit Biswas, CEO and co-founder of Samsara. “We ended Q3 at $1.35 billion in ARR, growing 35% year-over-year, and achieved a quarterly record of 10% adjusted free cash flow margin. As we continue to grow, we are excited about the innovation we are unlocking with more scale. We now collect over 10 trillion data points annually in the Samsara platform and use this data asset to bring AI to physical operations. We believe AI will play a powerful role in transforming the safety, efficiency, and sustainability of our customers’ operations.” (In millions, except percentage, percentage points, and per share data) Annual Recurring Revenue (ARR) $ 1,348.9 $ 1,002.7 35 % Total revenue $ 322.0 $ 237.5 36 % GAAP gross profit $ 246.0 $ 175.9 $ 70.0 GAAP gross margin 76 % 74 % 2 pts Non-GAAP gross profit $ 249.8 $ 179.0 $ 70.8 Non-GAAP gross margin 78 % 75 % 2 pts GAAP operating loss $ (47.4 ) $ (54.8 ) $ 7.4 GAAP operating margin (15 %) (23 %) 8 pts Non-GAAP operating income $ 33.9 $ 12.7 $ 21.2 Non-GAAP operating margin 11 % 5 % 5 pts GAAP net loss per share, basic and diluted $ (0.07 ) $ (0.08 ) $ 0.01 Non-GAAP net income per share, basic $ 0.08 $ 0.04 $ 0.04 Non-GAAP net income per share, diluted $ 0.07 $ 0.04 $ 0.03 Net cash provided by operating activities $ 36.0 $ 11.9 $ 24.1 Net cash provided by operating activities margin 11 % 5 % 6 pts Adjusted free cash flow $ 31.2 $ 8.5 $ 22.7 Adjusted free cash flow margin 10 % 4 % 6 pts Note: Numbers are rounded for presentation purposes. We report non-GAAP financial measures in addition to, and not as a substitute for, or superior to, financial measures calculated in accordance with generally accepted accounting principles (“GAAP”). See the section titled “Use of Non-GAAP Financial Measures” for an explanation of non-GAAP financial measures and the tables in the section titled “Reconciliation Between GAAP and Non-GAAP Financial Measures” for a reconciliation of GAAP to non-GAAP financial measures. Our guidance includes GAAP and non-GAAP financial measures. For the fourth quarter and fiscal year 2025, Samsara expects the following: Total revenue $334 million – $336 million $1.237 billion – $1.239 billion Year/Year revenue growth 21% – 22% 32% Year/Year adjusted revenue growth (1) 30% – 31% 35% Non-GAAP operating margin 9% 7% Non-GAAP net income per share, diluted $0.07 – $0.08 $0.22 – $0.23 (1) Q4 FY24 was a 14-week fiscal quarter instead of a typical 13-week fiscal quarter. To enable comparability across periods, adjusted revenue and adjusted revenue growth rate are calculated by multiplying Q4 FY24 revenue by 13/14 to remove the impact of an additional week of revenue recognition in Q4 FY24. A reconciliation of non-GAAP guidance financial measures to corresponding GAAP guidance financial measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty and potential variability of expenses, such as stock-based compensation expense-related charges, that may be incurred in the future and cannot be reasonably determined or predicted at this time. It is important to note that these factors could be material to our results of operations computed in accordance with GAAP. Samsara is the pioneer of the Connected Operations ® Cloud, which is a system of record that enables businesses that depend on physical operations to harness Internet of Things (IoT) data to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, utilities and energy, government, healthcare and education, manufacturing, food and beverage, and others. The company’s mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy. This document includes certain non-GAAP financial measures. Reconciliations of non-GAAP financial measures to our financial results as determined in accordance with GAAP are included at the end of this press release following the accompanying financial data. Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation or as substitutes for financial information presented under GAAP. There are a number of limitations related to the use of non-GAAP financial measures versus comparable financial measures determined under GAAP. For example, other companies in our industry may calculate these non-GAAP financial measures differently or may use other measures to evaluate their performance. In addition, free cash flow and adjusted free cash flow do not reflect our future contractual commitments or the total increase or decrease of our cash balance for a given period. These and other limitations could reduce the usefulness of these non-GAAP financial measures as analytical tools. Investors are encouraged to review the related GAAP financial measures and the reconciliations of these non-GAAP financial measures to their most directly comparable GAAP financial measures and to not rely on any single financial measure to evaluate our business. We present these non-GAAP financial measures to assist investors in seeing Samsara’s operating results through the eyes of management and because we believe that these measures provide an additional tool for investors to evaluate our business. —Stock-based compensation expense-related charges include the amortization of deferred stock-based compensation expense for capitalized software and employer taxes on employee equity transactions. Stock-based compensation expense-related charges are excluded because they are primarily a non-cash expense that management believes is not reflective of our ongoing operational performance. Employer taxes on employee equity transactions, which are a cash expense, are excluded because such taxes are directly tied to the timing and size of employee equity transactions and the future fair market value of our common stock, which may vary from period to period independent of the operating performance of our business. Lease modification, impairment, and related charges, and legal settlements are excluded because management believes that such charges are not reflective of our ongoing operational performance. Annual Recurring Revenue—We define ARR as the annualized value of subscription contracts that have commenced revenue recognition as of the measurement date. Adjusted Revenue and Adjusted Revenue Growth Rate—Q4 FY24 was a 14-week fiscal quarter instead of a typical 13-week fiscal quarter. To enable comparability across periods, adjusted revenue and adjusted revenue growth rate are calculated by multiplying Q4 FY24 revenue by 13/14 to remove the impact of an additional week of revenue recognition in Q4 FY24. Non-GAAP Gross Profit and Non-GAAP Gross Margin—We define non-GAAP gross profit as gross profit excluding the effect of stock-based compensation expense-related charges included in cost of revenue. Non-GAAP gross margin is defined as non-GAAP gross profit as a percentage of total revenue. We use non-GAAP gross profit and non-GAAP gross margin in conjunction with traditional GAAP measures to evaluate our financial performance. We believe that non-GAAP gross profit and non-GAAP gross margin provide our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations. Non-GAAP Income (Loss) from Operations and Non-GAAP Operating Margin—We define non-GAAP income (loss) from operations, or non-GAAP operating income (loss), as income (loss) from operations excluding the effect of stock-based compensation expense-related charges, lease modification, impairment, and related charges, and legal settlements. Non-GAAP operating margin is defined as non-GAAP operating income (loss) as a percentage of total revenue. We use non-GAAP income (loss) from operations and non-GAAP operating margin in conjunction with traditional GAAP measures to evaluate our financial performance. We believe that non-GAAP income (loss) from operations and non-GAAP operating margin provide our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations. Non-GAAP Net Income (Loss) and Non-GAAP Net Income (Loss) per Share—We define non-GAAP net income (loss) as net income (loss) excluding the effect of stock-based compensation expense-related charges, lease modification, impairment, and related charges, and legal settlements. Our non-GAAP net income (loss) per share–basic is calculated by dividing non-GAAP net income (loss) by the weighted-average number of shares of common stock outstanding during the period. Our non-GAAP net income per share–diluted is calculated by giving effect to all potentially dilutive common stock equivalents (stock options, restricted stock units, and shares issued under our 2021 Employee Stock Purchase Plan) to the extent they are dilutive. Non-GAAP net loss per share–diluted is the same as non-GAAP net loss per share–basic as the inclusion of all potential dilutive common stock equivalents would be antidilutive. We use non-GAAP net income (loss) and non-GAAP net income (loss) per share in conjunction with traditional GAAP measures to evaluate our financial performance. We believe that non-GAAP net income (loss) and non-GAAP net income (loss) per share provide our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations. Free Cash Flow and Free Cash Flow Margin—We define free cash flow as net cash provided by (used in) operating activities reduced by cash used for purchases of property and equipment. Free cash flow margin is calculated as free cash flow as a percentage of total revenue. We believe that free cash flow and free cash flow margin, even if negative, are useful in evaluating liquidity and provide information to management and investors about our ability to fund future operating needs and strategic initiatives. Adjusted Free Cash Flow and Adjusted Free Cash Flow Margin—We define adjusted free cash flow as free cash flow excluding the cash impact of non-recurring capital expenditures associated with the build-out of our corporate office facilities in San Francisco, California, net of tenant allowances, and legal settlements. Adjusted free cash flow margin is calculated as adjusted free cash flow as a percentage of total revenue. We believe that adjusted free cash flow and adjusted free cash flow margin, even if negative, are useful in evaluating liquidity and provide information to management and investors about our ability to fund future operating needs and strategic initiatives by excluding the impact of non-recurring events. An investor presentation and accompanying shareholder letter is accessible from the Samsara investor relations website at . Samsara will host a live webcast to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today. The live webcast may be accessed at . Following the webcast, a replay will be accessible from the same website. Current assets: Cash and cash equivalents $ 160,348 $ 135,536 Short-term investments 511,564 412,126 Accounts receivable, net 178,723 161,829 Inventories 39,366 22,238 Connected device costs, current 115,093 104,008 Prepaid expenses and other current assets 34,321 51,221 Total current assets 1,039,415 886,958 Restricted cash 20,241 19,202 Long-term investments 241,131 276,166 Property and equipment, net 56,418 54,969 Operating lease right-of-use assets 69,215 81,974 Connected device costs, non-current 234,825 230,782 Deferred commissions 196,013 177,562 Other assets, non-current 6,610 7,232 Total assets $ 1,863,868 $ 1,734,845 Current liabilities: Accounts payable $ 31,522 $ 46,281 Accrued expenses and other current liabilities 63,028 61,437 Accrued compensation and benefits 36,013 37,068 Deferred revenue, current 505,557 426,369 Operating lease liabilities, current 18,000 20,661 Total current liabilities 654,120 591,816 Deferred revenue, non-current 134,165 139,117 Operating lease liabilities, non-current 67,954 78,830 Other liabilities, non-current 8,494 9,935 Total liabilities 864,733 819,698 Stockholders’ equity: Preferred stock — — Class A common stock 11 9 Class B common stock 23 23 Class C common stock — — Additional paid-in capital 2,597,904 2,368,597 Accumulated other comprehensive income — 1,616 Accumulated deficit (1,598,803 ) (1,455,098 ) Total stockholders’ equity 999,135 915,147 Total liabilities and stockholders’ equity $ 1,863,868 $ 1,734,845 Revenue $ 321,981 $ 237,534 $ 902,909 $ 661,111 Cost of revenue 76,027 61,585 218,017 178,008 Gross profit 245,954 175,949 684,892 483,103 Operating expenses: Research and development 76,990 60,820 226,439 185,155 Sales and marketing 150,065 116,780 448,995 353,643 General and administrative 62,660 48,354 177,410 139,888 Lease modification, impairment, and related charges 3,609 4,762 3,609 4,762 Total operating expenses 293,324 230,716 856,453 683,448 Loss from operations (47,370 ) (54,767 ) (171,561 ) (200,345 ) Interest income and other income, net 10,057 9,378 29,767 28,493 Loss before provision for income taxes (37,313 ) (45,389 ) (141,794 ) (171,852 ) Provision for income taxes 493 142 1,911 1,503 Net loss $ (37,806 ) $ (45,531 ) $ (143,705 ) $ (173,355 ) Other comprehensive loss: Foreign currency translation adjustments, net of tax (361 ) (820 ) (1,771 ) 276 Unrealized gains (losses) on investments, net of tax (1,244 ) 382 155 (1,063 ) Other comprehensive loss (1,605 ) (438 ) (1,616 ) (787 ) Comprehensive loss $ (39,411 ) $ (45,969 ) $ (145,321 ) $ (174,142 ) Basic and diluted net loss per share: Net loss per share attributable to common stockholders, basic and diluted $ (0.07 ) $ (0.08 ) $ (0.26 ) $ (0.33 ) Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted 559,006,539 537,464,892 553,858,923 531,873,324 Net loss $ (37,806 ) $ (45,531 ) $ (143,705 ) $ (173,355 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 6,757 3,646 15,845 10,839 Stock-based compensation expense 72,592 59,791 208,852 172,395 Net accretion of discounts on investments (3,884 ) (4,104 ) (12,173 ) (12,727 ) Lease modification, impairment, and related charges 3,609 4,762 3,609 4,762 Other non-cash adjustments 2,280 1,937 3,992 2,046 Changes in operating assets and liabilities: Accounts receivable, net (3,032 ) (2,943 ) (23,192 ) 3,824 Inventories (1,775 ) (5,336 ) (20,181 ) 13,467 Prepaid expenses and other current assets 3,942 (17,691 ) 16,899 (17,448 ) Connected device costs (4,240 ) (9,333 ) (15,127 ) (36,997 ) Deferred commissions (7,569 ) (8,219 ) (18,451 ) (21,297 ) Other assets, non-current (112 ) (104 ) 822 267 Accounts payable and other liabilities (11,814 ) 5,043 (13,791 ) (206 ) Deferred revenue 17,000 26,684 74,236 77,155 Operating lease right-of-use assets and liabilities, net 65 3,287 165 7,338 Net cash provided by operating activities 36,013 11,889 77,800 30,063 Purchases of property and equipment (4,776 ) (3,355 ) (14,830 ) (8,858 ) Purchases of investments (196,029 ) (167,012 ) (526,086 ) (541,401 ) Proceeds from sales of investments — 1,700 1,247 6,174 Proceeds from maturities and redemptions of investments 167,040 167,215 472,766 508,093 Other investing activities (100 ) — (200 ) (50 ) Net cash used in investing activities (33,865 ) (1,452 ) (67,103 ) (36,042 ) Payment of taxes related to net share settlement of equity awards (7 ) — (7 ) — Proceeds from issuance of common stock in connection with equity compensation plans 36 265 16,959 13,435 Payment of principal on finance leases (396 ) (501 ) (1,340 ) (1,416 ) Net cash provided by (used in) financing activities (367 ) (236 ) 15,612 12,019 Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash 105 (542 ) (458 ) (24 ) Net increase in cash, cash equivalents, and restricted cash 1,886 9,659 25,851 6,016 Cash, cash equivalents, and restricted cash, beginning of period 178,703 220,123 154,738 223,766 Cash, cash equivalents, and restricted cash, end of period $ 180,589 $ 229,782 $ 180,589 $ 229,782 GAAP gross profit $ 245,954 $ 175,949 $ 684,892 $ 483,103 Add: Stock-based compensation expense-related charges (1) 3,879 3,100 11,584 9,307 Non-GAAP gross profit $ 249,833 $ 179,049 $ 696,476 $ 492,410 GAAP gross margin 76 % 74 % 76 % 73 % Non-GAAP gross margin 78 % 75 % 77 % 74 % GAAP loss from operations $ (47,370 ) $ (54,767 ) $ (171,561 ) $ (200,345 ) Add: Stock-based compensation expense-related charges (1) 77,677 62,712 225,579 183,355 Lease modification, impairment, and related charges 3,609 4,762 3,609 4,762 Non-GAAP income (loss) from operations $ 33,916 $ 12,707 $ 57,627 $ (12,228 ) GAAP operating margin (15 %) (23 %) (19 %) (30 %) Non-GAAP operating margin 11 % 5 % 6 % (2 %) GAAP net loss $ (37,806 ) $ (45,531 ) $ (143,705 ) $ (173,355 ) Add: Stock-based compensation expense-related charges 77,677 62,712 225,579 183,355 Lease modification, impairment, and related charges 3,609 4,762 3,609 4,762 Non-GAAP net income (3) $ 43,480 $ 21,943 $ 85,483 $ 14,762 GAAP net loss per share attributable to common stockholders, basic $ (0.07 ) $ (0.08 ) $ (0.26 ) $ (0.33 ) Total impact on net loss per share, basic, from non-GAAP adjustments 0.15 0.12 0.41 0.36 Non-GAAP net income per share attributable to common stockholders, basic $ 0.08 $ 0.04 $ 0.15 $ 0.03 GAAP net loss per share attributable to common stockholders, diluted $ (0.07 ) $ (0.08 ) $ (0.26 ) $ (0.33 ) Total impact on net loss per share, diluted, from non-GAAP adjustments 0.14 0.12 0.41 0.36 Non-GAAP net income per share attributable to common stockholders, diluted (4) $ 0.07 $ 0.04 $ 0.15 $ 0.03 Weighted-average shares used in computing GAAP net loss per share attributable to common stockholders, basic and diluted 559,006,539 537,464,892 553,858,923 531,873,324 Weighted-average shares used in computing non-GAAP net income per share attributable to common stockholders, basic 559,006,539 537,464,892 553,858,923 531,873,324 Weighted-average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted (4) 580,923,231 566,082,414 576,681,883 559,620,309 Net cash provided by operating activities $ 36,013 $ 11,889 $ 77,800 $ 30,063 Purchases of property and equipment (4,776 ) (3,355 ) (14,830 ) (8,858 ) Free cash flow 31,237 8,534 62,970 21,205 Purchases of property and equipment for build-out of corporate office facilities, net of tenant allowances (5) — — — (10,179 ) Adjusted free cash flow $ 31,237 $ 8,534 $ 62,970 $ 11,026 Net cash provided by operating activities margin 11 % 5 % 9 % 5 % Free cash flow margin 10 % 4 % 7 % 3 % Adjusted free cash flow margin 10 % 4 % 7 % 2 % (1) Stock-based compensation expense-related charges were included in the following line items of our condensed consolidated statements of operations and comprehensive loss as follows: Cost of revenue $ 3,879 $ 3,100 $ 11,584 $ 9,307 Research and development 28,574 22,594 82,076 68,716 Sales and marketing 23,441 20,219 66,843 55,310 General and administrative 21,783 16,799 65,076 50,022 Total stock-based compensation expense-related charges (2) $ 77,677 $ 62,712 $ 225,579 $ 183,355 (2) Stock-based compensation expense-related charges included approximately $4.5 million and $15.2 million of employer taxes on employee equity transactions for the three and nine months ended November 2, 2024, respectively, and approximately $2.9 million and $11.0 million of employer taxes on employee equity transactions for the three and nine months ended October 28, 2023, respectively. (3) There were no material income tax effects on our non-GAAP adjustments for all periods presented. (4) For each period in which we had non-GAAP net income, diluted non-GAAP net income per share is calculated using weighted-average number of shares of common stock outstanding during the period, adjusted for dilutive potential shares that were assumed outstanding during the period. (5) In April 2023, we settled a lease dispute which was primarily related to lease incentives associated with leasehold improvements in the form of a tenant allowance and received $11.3 million. View source version on : CONTACT: Investor Contact: Mike Chang Contact: Adam Simons KEYWORD: UNITED STATES NORTH AMERICA CANADA CALIFORNIA INDUSTRY KEYWORD: NETWORKS INTERNET IOT (INTERNET OF THINGS) DATA MANAGEMENT TECHNOLOGY SOURCE: Samsara Inc. Copyright Business Wire 2024. PUB: 12/05/2024 04:10 PM/DISC: 12/05/2024 04:08 PM
The questionnaire survey will cover various aspects of Nvidia's business practices, including its relationships with customers and suppliers, pricing strategies, and any potential anti-competitive behavior. The responses gathered through the survey will provide valuable insights for the EU regulators to assess whether Nvidia's actions comply with the EU's competition rules.CALGARY, AB , Nov. 21, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL ) (" SNDL " or the " Company ") is pleased to announce the appointments of Phil McBride as Chief Information Officer and Navroop Sandhawalia as President, Liquor Division. "SNDL's success is driven by our commitment to talent density and our leaders are the foundation of our performance culture," said Zach George , Chief Executive Officer of SNDL. "Phil's extensive expertise in technology and digital innovation, paired with Nav's financial acumen and best-in-class retail experience will further strengthen our execution capabilities. We are confident that they will drive value for our consumers and stakeholders, playing a critical role in advancing SNDL's growth strategy." Phil McBride joins SNDL with more than 25 years of experience across consumer-packaged goods, financial services and retail industries, having held leadership roles at OMERS, Molson Coors , Aeroplan, and Proctor & Gamble . His demonstrated capabilities include digital transformation, data analytics advancement, the integration of generative AI technologies, and stewardship of one of Canada's most successful loyalty programs. Navroop Sandhawalia , who joined SNDL in October 2023 as Vice President of Finance, and was promoted to Interim President, Liquor Division in September, has made significant contributions to performance management and operational efficiency, driving improved decision-making across the liquor business. His experience includes over 13 years at Loblaws where he held various roles within finance, analytics and data science. ABOUT SNDL INC. SNDL is a public company whose shares are traded on the Nasdaq under the symbol "SNDL." SNDL is the largest private-sector liquor and cannabis retailer in Canada with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf, and Superette. SNDL is a licensed cannabis producer and one of the largest vertically integrated cannabis companies in Canada specializing in low-cost biomass sourcing, indoor cultivation, product innovation, low-cost manufacturing facilities, and a cannabis brand portfolio that includes Pearls by Grön, No Future, Bhang Chocolate, Top Leaf, Contraband, Citizen Stash, Sundial Cannabis, Palmetto, Spiritleaf Selects, Bon Jak, Versus, Value Buds, Namaste, Re-up, Grasslands and Vacay. SNDL's investment portfolio seeks to deploy strategic capital through direct and indirect investments and partnerships throughout the North American cannabis industry. For more information on SNDL, please go to https://sndl.com/ . SOURCE SNDL Inc.
If it feels like sometimes the super-wealthy live on another planet, it's because they sort of do. To prove it, someone on Reddit asked, "What's the most out-of-touch thing you heard from rich people?" Here's what they said, including some responses from members of the BuzzFeed Community . 3. "Being told by a guy who has not worked a day in his life and living off of inherited money that poor people are poor because they don't invest their money right." — Gorgiuostim 6. "A very privileged but oblivious student asked me seriously whether making $300,000 per year would be enough to live comfortably." — Smallgreatthings 9. "I had a friend whose parents were very well off (living in Silicon Valley and all that). Once, I was complaining to her that I wanted to travel but didn't have the funds. She said, 'Well, all it takes is saving $100 a week or so.' I responded by telling her I hardly had $20 left from my paychecks, and even that gets spent most of the time." — Appropriate_Sky_6571 14. "I had a boss who didn’t believe me when I said salaries often assumed you had a (minimum) 40-hour work week... He had never had a job before his dad gave him several million dollars to start a company. He thought I was making up the concept of the 40-hour work week because he’d never heard of this and loudly told me I was bad at math. He had a business degree from Wharton. His error ended up working in my favor, so I just went with it." —Anonymous 15. "'Oh you can't afford to come on this spontaneous trip to the Mediterranean? No problem, you can borrow money from me, and pay me back next month.'" — SoftwareElectronic 19. "That anyone can make it if they 'just work hard enough' (coming from someone who was born rich). No, that’s not how the world works. If you’re born with almost nothing, it takes a lot more effort and work to get to a similar starting point. And even then, you still don’t have the same starting conditions like important social connections." — unkreativitaet_ Do you have something to add? What is something totally out of touch a rich person has said? Or what is a laughably ridiculous interaction you've had with someone extremely wealthy? Tell us in the comments or in this anonymous form .BJP leader urges CM to fast-track Musi project works
A huge brawl broke out at the London Stadium during the first half of Arsenal's win over West Ham on Saturday. The Gunners raced into a 4-0 lead over the Hammers before the hosts scored two quick goals of their own to get back into the game. Bukayo Saka scored a penalty at the end of the first half to cap off a crazy opening 45 minutes . The second half petered out somewhat, with neither side adding to their tally. But the game was marred by a huge brawl breaking out in the West Ham end after their side fell four goals down. Footage taken from the home end shows a group of fans getting into a heated argument. A punch appears to have been thrown by one man towards the face of another, with the victim responding by rushing towards his attacker and hitting back. He is then held back by other fans after the other supporter fell to the ground. Another person was seen trying to hit the man on the back of the head as he was being held back. Stewards quickly arrived and ushered people away from the area. After he was escorted away, fans can be heard commenting that the person who threw the first punch appeared to have been "knocked out". It is unclear what sparked the brawl in the first place, with West Ham condemning the actions of the people involved. A Hammers spokesperson told The Sun : "The club is aware of the incident and will be working to identify the offender(s). "In line with our zero-tolerance approach, anyone identified will have their details passed to the police and will be given an indefinite ban and therefore be unable to enter London Stadium and travel with the club. There is no place for this kind of behaviour at our Stadium." While his side's fans were fighting, West Ham boss Julen Lopetegui admitted it had been a difficult day. But he insisted that they had been hard done by by several refereeing decisions. "Overall, I am frustrated in the first half. We deserved two goals, but they didn't deserve five. We were unlucky in the decisions, in my opinion. The first goal I think it was a block," Lopetegui told Match of the Day. "We have to do better for sure. We didn't take good decisions in a defensive way - that's why it was a strange match. The team showed character to compete. We were unlucky with the decisions today. "We asked before the match, the referee with the block, as a coach we have to know the limit. This week we have to do better in our individual actions in a defensive way. It is always difficult to not stay on the bench because you can't help the team and I was very frustrated." Join our new WhatsApp community and receive your daily dose of Mirror Football content. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. If you're curious, you can read our Privacy Notice.Title: A-Share Market Opens High Today - Opportunities Await
Newsom's Publicly-Funded War Chest: "Trump-Proofing" California Could Prove A Costly Option For Californians
In a significant move to expand its presence in China, Amazon recently announced the opening of a new office for its Global Store division in Nanjing. The decision to set up shop in the historic city of Nanjing highlights Amazon's commitment to strengthening its position in the Chinese market and enhancing the shopping experience for Chinese consumers.
FAIRMONT, W.Va.--(BUSINESS WIRE)--Nov 21, 2024-- MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) has declared a quarterly cash dividend of $0.17 per share, maintaining the dividend declared in the previous quarter for shareholders of record as of December 1, 2024, payable on December 15, 2024. This is the fourth quarterly dividend for 2024. “We are pleased to continue to add value for our shareholders and encouraged by the adaptability of Team MVB and the resilience of our business model,” said Larry F. Mazza, Chief Executive Officer, MVB Financial. “MVB’s foundational strength remains intact, evidenced by stable asset quality, an enhanced capital base and growth in tangible book value per share. We are increasingly well-positioned for future growth and improved profitability.” About MVB Financial Corp. MVB Financial Corp., the holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market® under the ticker “MVBF.” Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its subsidiary, MVB Bank, Inc., and the Bank's subsidiaries, the Company provides banking services to Fintech clients throughout the United States. For more information about MVB, please visit http://ir.mvbbanking.com . Forward-Looking Statements MVB Financial has made forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, in this press release that are intended to be covered by the protections provided under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations about the future and are subject to risks and uncertainties. Forward-looking statements include, without limitation, information concerning possible or assumed future results of operations of the Company and its subsidiaries. Forward-looking statements can be identified by the use of words such as “may,” “could,” “should,” “would,” “will,” “plans,” “believes,” “estimates,” “expects,” “anticipates,” “intends,” “continues,” or the negative of those terms or similar expressions. Note that many factors could affect the future financial results of the Company and its subsidiaries, both individually and collectively, and could cause those results to differ materially from those expressed in forward-looking statements. Therefore, undue reliance should not be placed upon any forward-looking statements. Those factors include but are not limited to: market, economic, operational, liquidity, and credit risk; changes in market interest rates; impacts related to or resulting from recent bank failures and volatility; inability to achieve anticipated synergies and successfully integrate recent mergers and acquisitions; inability to successfully execute business plans, including strategies related to investments in Fintech companies; competition; the pace of recovery following the continued effects of the COVID-19 pandemic and its impact on the Company’s business and financial condition; changes in economic, business, and political conditions; changes in demand for loan products and deposit flow; operational risks and risk management failures; and government regulation and supervision. Additional factors that may cause actual results to differ materially from those described in the forward-looking statements can be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, as well as its other filings with the Securities and Exchange Commission (“SEC”), which are available on the SEC’s website at www.sec.gov . Except as required by law, the Company disclaims any obligation to update, revise, or correct any forward-looking statements. View source version on businesswire.com : https://www.businesswire.com/news/home/20241121464014/en/ CONTACT: MEDIA CONTACT Amy Baker VP, Corporate Communications and Marketing MVB Bank abaker@mvbbanking.com (844) 682-2265INVESTOR RELATIONS Marcie Lipscomb mlipscomb@mvbbanking.com (844) 682-2265 KEYWORD: WEST VIRGINIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE SOURCE: MVB Financial Corp. Copyright Business Wire 2024. PUB: 11/21/2024 04:30 PM/DISC: 11/21/2024 04:30 PM http://www.businesswire.com/news/home/20241121464014/enThe New York Post has published what it reports as new footage of the suspect in the shooting of UnitedHealthcare CEO Brian Thompson . In the surveillance video obtained from a cigar store on Sixth Avenue, the suspected gunman can be seen leaving a subway station at around 6:15 a.m., 30 minutes before the fatal shooting occurred in front of the Hilton Hotel in midtown Manhattan. The Post writes that it appears the suspect was leaving the 57th Street subway station, which is nearby the hotel’s location. The report did not include comment from the NYPD surrounding the footage. The NYPD previously released photos of the alleged suspect on Tuesday and Wednesday, with some taken at a nearby Starbucks before the shooting and others seemingly showing him unmasked and grinning. The suspect has yet to be identified, but several clues have since risen including the purchase of a gun seemingly linked to that used in the shooting and a phone dropped at the crime scene. A Catholic nun was among a group of 25 people arrested in Italy on Monday as part of a mafia bust for a laundry list of crimes that included extortion, drug trafficking, and money laundering. Anna Donelli, 57, of the Sisters of Charity Institute in Milan, volunteered at prisons around the city of Brescia—but a police investigation determined that her ostensibly spiritual services concealed a seedy criminal underside to her interactions with inmates, according to CNN. Prosecutors allege that she was “exploiting the very spiritual role she carried out” to run information back and forth between mob bosses and imprisoned foot soldiers for the infamous ’Ndrangheta crime syndicate. “She carried orders, directives, moral and material aid to associates, receiving in turn from the prisoners useful information to better plan criminal strategies,” prosecutor Francesco Prete said Thursday, according to CNN. Donelli’s cover story was that she was a liaison between prisoners and prison officials, in addition to refereeing soccer games at the prison. The anti-mafia operation that landed the nun and over two dozen other mobsters under arrest was carried out by over 300 officers and also resulted in the recovery of drugs, weapons, and the equivalent of nearly $2 million in cash. If you’re trying to pick up gifts for the loved ones on your list, here’s a tip: everyone appreciates the gift of softer and more manageable hair and skin. The Avon Company, North America has been in the beauty industry for over a century and stocks some of the trendiest skin care, fragrances, and personal care items on the market. These curated picks ensure your giftee will be glowing even on the dullest winter day. This moisturizer tackles one of winter’s biggest annoyances—chapped lips. It has a hydration-boosting formula that counteracts dry air while visibly softening lips and adding a glossy hint of color. Free Shipping Cold air strips away the skin’s natural moisture, which leads to cracking and flaking. The Beyond Glow Serum uses vitamin B3 to strengthen the skin’s barrier against colder temperatures and even out skin tone. Free Shipping This replenishing hair mist uses rice water—a popular traditional beauty treatment in Asia—to revitalize and nourish dull and damaged hair. Free Shipping If you buy something from this post, we may earn a small commission. Billionaire owner of the Los Angeles Times , Dr. Patrick Soon-Shiong, has announced his plans to launch a “bias meter” for all articles on the outlet’s website as soon as next year. Speaking to CNN’s Scott Jennings on his radio show , the media mogul explained the meter would allow readers to view different perspectives on a news or opinion article in real time and allow them to write or read comments on the subject matter. “What we need to do is not have what we call ‘confirmation bias’ and then that story, automatically, the reader can press a button and get both sides of that exact same story based on that story and then give comments,” Soon-Shiong explained. “Now I’m giving you some little breaking news here but this is what we’re currently building behind the scenes. And I’m hoping that by January we launch this.” The billionaire proceeded to explain his hope for the module in building “respectful disagreement” and starting a “conversation.” Following his announcement, the L.A. Times ’ editorial guild released a statement in response writing, “the newspaper’s owner has publicly suggested his staff harbors bias, without offering evidence or examples” and that they value “an earnest search to understand all sides of an issue.” Soon-Shiong notably blocked the paper from publishing a Kamala Harris endorsement in October which was met with opposition from some staff. Timothée Chalamet thanked Bob Dylan for the shoutout after the legendary singer-songwriter praised his new biopic A Complete Unknown . “Floored. I am so grateful. Thank you Bob,” Chalamet posted on X . The film, set to be released on Dec. 25, stars Chalamet as a young Dylan. “Timmy’s a brilliant actor so I’m sure he’s going to be completely believable as me. Or a younger me. Or some other me,” Dylan posted on X . Though Dylan didn’t share if he’s seen the film yet, he did recommend the book the biopic is based off of. “The film’s taken from Elijah Wald’s Dylan Goes Electric – a book that came out in 2015. It’s a fantastic retelling of events from the early ‘60s that led up to the fiasco at Newport,” he added. “After you’ve seen the movie read the book.” Dylan also gave a nod to the film’s title, A Complete Unknown , which references lyrics from Dylan’s 1965 song “Like a Rolling Stone.” “What a title!” he wrote. Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. It’s not every day that you can score a deal on a high-quality printer at a lower cost. Investing in a quality printer for your home or office is a game-changer, and while it’s not the most fun purchase, it’ll pay for itself in a couple of months. Fortunately, you don’t have to pay full price for a solid printer, thanks to HP’s current sale . Right now, you can score the HP Envy Inspire 7955e , the brand’s premium at-home photo printer for $70 off. If you’re looking for a solid holiday gift that they’ll actually use, the deluxe multi-purpose printer is a great choice—especially for photographers and anyone who works from home. The all-in-one printer is also designed with HP’s Wolf Essential Security system to keep your information secure and keep hackers out. Plus, unlike other printers that require you to get your hands dirty to replenish the ink, this one offers a 15-second mess-free ink refill experience with bottles that can be plugged into the tank. Say goodbye to messes and hello to your new printer . Best of all? For a limited time, score three months of Instant Ink with HP+. The slain UnitedHealthcare CEO had a criminal record for drunk driving and was secretly separated from his wife for years before he was shot dead in Manhattan on Wednesday, according to public records. Minnesota court filings show that in 2017 Brian Thompson was arrested and convicted on charges of fourth-degree driving while impaired, for which he received probation. In addition to legal troubles, the executive, who was gunned down in what NYPD has labeled a “premeditated, pre-planned, targeted attack,” also seems to have faced recent marital issues. Based on property records, voter registration forms, and reports from neighbors, Brian and Paulette Thompson had lived in different homes less than a mile apart in Maple Grove, Minnesota, for the past several years, The Wall Street Journal reported . In 2018, Thompson bought a five-bedroom second house for around $1 million, while his wife’s residence remained in another house nearby, also worth about $1 million, based on Zillow listings and public records. Paulette Thompson told MSNBC her husband had received threats related to his company’s “lack of coverage” and said in a statement to a local Fox affiliate in Minnesota that his killing had left her and their two sons “shattered.” About 12 hours after his killing, someone made a bomb threat at his Minnesota home, but authorities did not find any evidence of explosives, TMZ reported . UnitedHealthcare and the Hennepin County District Court did not immediately respond to a Daily Beast inquiry about Thompson’s DUI. A top health insurance provider has scrapped a controversial plan to limit anesthesia coverage for surgical patients in at least one state. Anthem Blue Cross Blue Shield will no longer try to implement the much-ridiculed cap—which would have required patients to pay out-of-pocket for any anesthesia administered after their surgery went over an arbitrary time limit—on plans in Connecticut, the state’s comptroller, Sean Scanlon, shared Thursday. “After hearing from people across the state about this concerning policy, my office reached out to Anthem,” he said in a statement. “I’m pleased to share this policy will no longer be going into effect here in Connecticut.” The controversial plan was announced last month for customers in Connecticut, New York, and Missouri. The pending policy went viral on Wednesday, however, after the CEO of UnitedHealthcare, Brian Thompson, was gunned down in Manhattan in a “targeted attack.” It remains unclear if the cap will still go into place next year for New Yorkers or those in the Show Me State. Anthem is yet to say what drove it to pull its plan in Connecticut. Bill Lawrence, creator of Scrubs , is currently developing a reboot of the widely loved sitcom for ABC, Variety reported. Despite having a deal with Warner Bros. Television, the studio is reportedly carving out space for Lawrence to work on the show. Citing a source familiar with the matter, Variety adds that Lawrence will not be serving as the reboot’s showrunner if it gets fully greenlit. Cast members have also yet to be attached, and no other deals for the reboot are reportedly in place. Running for nine seasons between 2001 and 2008, Scrubs followed the daily hijinks of a hospital staff and starred Zach Braff, Donald Faison, Sarah Chalke, Judy Reyes, Ken Jenkins, John C. McGinley, and Neil Flynn. A reboot of the show has been thrown around for some time, with Lawrence sharing at a 2022 ATX Festival panel , “We’re gonna do it, you guys know. If you ever have an excuse to work with people you want to spend time with anyway, run to it.” Lawrence also famously created or co-created series like Cougar Town , Ted Lasso , and Shrinking . A 7.0-magnitude earthquake struck Northern California on Thursday morning, briefly triggering a tsunami warning for nearly 5 million people . The earthquake hit at 10:44 a.m. PST west of Petrolia, California in the Pacific Ocean, the US Geological Survey said. A 5.8-magnitude aftershock was recorded minutes later near Cobb, California, and several other apparent aftershocks between 2.5 to 4.2 magnitude followed. A tsunami warning issued for parts of the Northern California and Oregon coastlines, however, was called off by the early afternoon. California officials are responding to earthquake activity Gov. Gavin Newsom said in a post on X . The California Governor’s Office of Emergency Services is said to be coordinating with local officials in Humboldt and Lake counties, where significant earthquake activity was reported. More than 10,000 Humboldt County customers are reportedly without power. While no damage has been reported in San Francisco, the city’s Bay Area Rapid Transit, announced it is experiencing significant service disruptions due to the earthquake. Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. Apparently, boosting prostate health can actually be pleasurable—at least, that’s what premium sexual wellness brand MysteryVibe says. The Molto, an ultra-slim and bendable prostate vibrator designed by a doctor, is engineered to be the same size and width as a doctor’s finger and to mimic similar motions to that performed during an exam, allowing for not only intense prostate (the prostate is often hailed as the male ‘G-spot’) and anal stimulation but also a release of prostatic fluids. According to the brand, some studies have found that excess prostatic fluid can lead to inflammation and pressure, so not only is this a sex toy , but it’s also possibly an investment in your prostate health. Think of it almost like a lymphatic massage for your prostate—except one that can give you intense orgasms, too. Made with body-safe silicone, the multifunctional and gender-fluid vibrator is powered by one “anatomically-placed” motor that delivers potent yet precise vibration to the anus and prostate without feeling bulky or inflexible. It’s a great sex toy for those new to anal play or who are looking for an ultra-sleek vibrator with possible health-boosting benefits. The prostate vibrator is equipped with 16 vibration settings and eight pre-set vibration patterns, allowing for superior control and customization. Plus, the device comes with access to a catalog of vibration patterns with the free MysteryVibe smartphone app. Best of all? Because the Molto vibrator is an FDA-registered class II medical device, it’s also FSA/HSA eligible. Associates of the right-wing firebrand Ric Grenell sought the help of MAGA influencers to secure him Donald Trump ’s nomination for s ecretary of state . Shortly after Trump’s election victory, an ally of Grenell’s approached conservative social media influencers, offering paid contracts up to five figures to post favorable content about Grenell, Politico reported Thursday. Influencers, the contract stipulated, would post pro-Grenell content and do so during “peak posting times,” ensure that “content must appear genuine,” and not “as an overt advertisement or promotional message.” Grenell denied the alleged influencer conspiracy to Politico. However, his desire for the highly coveted Cabinet position was no secret. Trump’s former ambassador to Germany and acting director of national intelligence spent the past three years reportedly telling people in the president-elect’s orbit that it was secretary of state “or bust.” Despite being one of Trump’s most loyal cohorts, Trump ultimately chose Florida Sen. Marco Rubio to lead the State Department . Grenell is said to have been offered other posts, including director of national intelligence, but has turned the offers down. Actress Amber Heard has announced that she is expecting her second baby. “It is still quite early in the pregnancy, so you will appreciate that we do not want to go into much detail at this stage,” a spokesman for Heard said Thursday to People . “Suffice to say that Amber is delighted both for herself and Oonagh Paige.” Heard welcomed her daughter in 2021. “I wanted to do it on my own terms,” Heard wrote in a post announcing Oonagh’s birth via a surrogate. “I hope we arrive at a point in which it’s normalized to not want a ring in order to have a crib.” Heard has never commented on who the biological father is. The actress relocated to Madrid, Spain after the highly publicized defamation battle with ex-husband Johnny Depp . Heard told NBC News after the trial in 2022 that she was hoping to focus more on her growing family. “I get to be a mom, like, full time, you know? Where I’m not having to juggle calls with lawyers,” she said.Title: Udinese Ends 5-Match Winless Streak, Close in on AC Milan with 2-Point Difference in Latest Serie A Standings
The Syrian embassy's decision to hang opposition flags is seen as a symbolic gesture of defiance against the Assad regime and a show of solidarity with the Syrian people who have been calling for political reform and greater freedoms. It is a bold statement that challenges the status quo and demands change in Syria's leadership.The Club World Cup, organized by FIFA, is a prestigious international club competition that brings together the champions of each continent to compete for the title of world champion. This year's tournament is set to be held in the United Arab Emirates, providing an ideal platform for clubs to enhance their global brand and attract international fans.