define cockfighting
define cockfighting
NoneSarah Krichel Today The Tyee Sarah Krichel is The Tyee’s social media manager. URL copied to clipboard! SHARE: 68 SHARES I was nine when my family adopted Dixie. It was a couple of days before New Year’s Eve, and we were visiting relatives in Mexico. My cousin spontaneously convinced my mom into letting my sister and me check out the next-door neighbour’s dog’s new litter of puppies, and before she knew it, it was too late: we were getting a dog. Announcements, Events & more from Tyee and select partners CONTEST: Win Tickets to PuSh Festival One lucky Tyee reader will receive a pair of tickets to a show of their choice, plus a Modo gift certificate. From the two pups, we picked the sister — the one my mom annoyedly recalls wouldn’t stop barking. My cousin bought her for us for a few hundred pesos — around $60 at the time. Her tiny brown leather collar still said “Wera,” her old name, which is Mexican slang for blondie — a play on how she was an almost entirely black dog. Some of my earliest memories of Dixie include our first meal together — ice cream from a street vendor — and falling asleep together on the couch shortly after midnight on New Year’s. This past August, at almost 18 years old, Dixie could barely see or hear us standing right in front of her. Her hind legs gave in constantly while walking. And despite closing doors and placing barriers around my parents’ house, when she wasn’t sleeping, she would endlessly pace and get trapped in tight spaces. It became clear that her quality of life was in major decline, and that it may soon be time to say goodbye. Over the course of the weeks leading up to her final vet appointment, especially the last few days, I wrestled with feelings of anxiety, guilt and panic. My biggest fear of all: would I regret the decision? I had moved out of my parents’ house several years before, but I spent much of the month commuting across town to be with her. I spent every day of the last two weeks by her side, and for every waking moment of the last two days, all I could do was breathe next to her. During that final month, I took nearly a thousand photos and videos of Dixie — my iPhone kept the tally. I documented her paws wet from the rain, of her posed in the tree as my mom propped her up, of us reading The Unbearable Lightness of Being together in my childhood backyard. The last time we sat together in the yard, just before heading to the vet for the last time, I was sick to my stomach. It’s true what they say: having a dog will bring you some of the happiest days of your life, and one of the worst. Do I look at those photos of Dixie today? Barely, if ever. They make me too sad. But once she was gone, a new determination washed over me: to find every photo of her in existence. Tender moments of the author with her dog, Dixie. ‘It’s true what they say: Having a dog will bring you some of the happiest days of your life, and one of the worst.’ Photos by Sarah Krichel. Finding Dixie In the week after she died, I began scrolling through the tens of thousands of photos on my iPhone X. Wading through the endless grid of tiny thumbnails, I wanted to make a master "Dixie" album — but was quickly overwhelmed by the volume of memories. I tried the AI function that allows you to look up your “pet” by facial recognition or a name you’ve assigned it. It helped me find some old pictures — but it was neither perfect nor exhaustive. My family shared their own photos in our group chats. I had seen many of these iconic photos before but couldn’t remember if I had my own copies. I saved them all, just in case — sometimes more than once as the same treasured photos came up again and again. I planned to eventually go through the collected photos and pick the highest-quality versions. Merging duplicates and going through visually similar photos was one thing. But things were getting scattered, my device storage inching towards capacity. Some photos were saved to my phone, but didn’t get backed up to my already full iCloud account — meaning if I lost or broke my phone, the photos would be gone. I recalled one video I posted to Instagram of Dixie adorably popping her head out of a lost-socks pile. When I went to screen-record it, it wasn’t loading, and I thought it was permanently gone. It just added to the pain. Weeks later, it unexpectedly loaded again. It was an adorable video and I immediately saved it. But watching it paled in comparison to the visceral feeling in my body when I replayed the moment in my mind after thinking the video was lost. It started to set in that some be-all-end-all master album of Dixie wasn’t going to heal me. As my emotions got dark or complicated, the files remained just that: files. How to assemble a life of digital memories? I still don’t know, because I gave up on my digital hunt. RELATED STORIES How Virtual Driving Helped Me Get Free I did, however, start the journey to archive all my photos, in chronological order, month-by-month. I pulled out my one-terabyte external hard drive. I placed all my previous failed attempts in an "archived" folder so I wouldn’t lose them. I created a fresh folder, pinning it to the top. I began uploading from my iCloud, laptop and iPhone. I deleted each individual upload across devices to clean out the junk. I did this whole process slowly, intentionally and sans the existential panic that accompanied my attempt at my ultimate Dixie album. Maybe a perfect archive of my dog’s life was never the point. Because in a tsunami of digital records, my brain was focused on optimization and efficiency, pushing down the feeling that needed to be felt to process my grief healthily: a simple yet aching heartbreak over never getting to hold Dixie and her little curly paws again. Moving beyond digital ephemera The reason for my over-documentation, these days at least, feels less about remembering something or someone, and more about not letting go. Text conversations and all their related files currently take up 24 gigabytes on my laptop — that’s after having gone through and deleted many I don’t need. I still have my entire text conversation since the first day I met my partner six years ago, and I can’t get myself to delete it. I’m inclined to never delete texts from my parents. I have tons of texts and group chats with friends no longer in my life, whether because circumstances pulled us apart, or because tragedy struck. These years-old archives of everyday exchanges serve as a convenient time capsule into the past. I revisit them on occasion, whether when I’m feeling nostalgic, or on birthdays and anniversaries when my thoughts of the past linger. In those last few days with Dixie, taking photos was my way of denying her mortality through some digital version of her. Maybe by extension, I was trying to deny my own. But as I grow older, and become friendlier with grief, I’m finding a way to process it without over-indulging in tech-dependent comforts. The author with Dixie as a child, and in the final weeks of Dixie's life. Memories cascaded over Sarah in the weeks following Dixie’s death, like when she emerged out of an old pile of socks. Photos submitted by Sarah Krichel. Is this what grief looks like now? Technology has been reshaping how we experience loss for decades. In 1997, Carla Sofka, a social work professor at Siena College in New York, coined the term “ thanatechnology .” According to Sofka, the term captures “any type of technology, including digital and social media, that can be used to educate people about dying, death, grief or loss or to help people cope with these phenomena in some way.” This can absolutely include smartphone photos and videos, Sofka said. The definition has had to expand as time's gone on. When MySpace and Facebook came along in the early 2000s, there was the relatively harmless discourse around whether it was cringe or meaningful to post about a loved one’s death on social media. There was our cultural obsession with holograms, such as when a 3D Tupac stunned Coachella in 2012. Today, AI is being used to eradicate grief altogether , from feeding Chat GPT old texts from a lost loved one to simulate comforting conversations with them , to creating a more complex " digital twin .” Things feel more sinister when we use technology to defy human experiences rather than help us process them. Silicon Valley’s transhumanist Ray Kurzweil believes AI will accomplish “immortal software-based humans” by 2030. The 73-year-old hopes to supersede natural biological process and see the day when those who can afford it can “solve death.” While these attempts at eradicating grief or even death sound more upsetting to me than comforting, that doesn’t mean I’m without my own subconscious attempts at defying mortality. Still, Sofka noted: “If you hadn’t done that, you would have had to cope with the absence of something that helped you. So, who am I to judge? Who am I to say you did too much?” What I called “obsessive” photo-taking, said Sofka, simply speaks to my individual coping style. "And that’s an important thing, because I don’t think there is a right or wrong.” Organizing Digital Memories Overwhelmed by storage capacity pop-ups and the deluge of photos on your phone? Staying on top of organizing, archiving and deleting photos can be manageable. Here are some tips. Make an “Old Files” folder . Place your old attempts at organizing photos in a separate folder so you can get started afresh without getting burnt out before you begin. If you ever can’t find a photo in your new master album, you have the option to go back to the archives. Keep things chronological . In building a cataloguing system, include the month and year in the title, as well as a leading number so things stay in order. When looking for a memory, a season often helps pinpoint it, with month-to-month folders manageable to sort through. If you’re less interested in chronological organization and more in cataloguing trips, places and people, Wired explains how to make best use of various smartphones’ AI search functions. Delete excess files, a little bit at a time . Every morning, search the current date in your photos app and delete photos from that date for every year you have archived in your phone. Goodbye receipts, excess selfies and out-of-focus shots. A year down the road, your phone will be a curated album of memories. If you’re deliberating on which photos to keep and which to throw away, the New York Times’ Wirecutter has helpful tips . Accept the reality of data loss . If you end up losing some photos, either from images being corrupted, accidental deletion or the loss of a device, be comforted by the fact that you likely might not ever notice, anyways. The over-documentation generation When New York-based writer Haley Nahman’s terminally ill cat started breathing shallowly and in a panicked manner, “anxious record-keeping” kicked into full swing. Nahman sobbed in fear , and took numerous videos of the cat to send to her boyfriend, thinking it might help reveal new information. Despite her “newfound detachment from capturing every moment of note in [her] life,” she couldn’t help it. She was also aware they might be the last videos she would ever take of him. Digital photography can serve as a metaphor for the risks of technological progress, wrote Nahman. The thought first struck her when she realized she’d lost most of the photos and videos she took between 2010 and 2015 and “felt... almost nothing.” I had a similar experience in my third year of university when my laptop was stolen. The photos and videos it stored — with no online backup — went back to the first year of my undergrad. When I realized my computer, and all the memories it held, were gone, I didn’t skip a beat. It’s a lesson that could help us unlearn our long story of materiality — the idea that collecting is better than discarding, leading us to have and want more than we need. “It seems my constant documenting isn’t actually about the future, as I claim, but about the present — about quieting the neurotic voice in my head that views experience as a losing game,” wrote Nahman. “Digital photography can be extremely useful, but I wonder sometimes if it’s worth the cost. Maybe without the ability to capture life in this way, I’d have accepted that this much of life isn’t meant to be captured.” According to a report by a Boston-based software company, the average U.S. citizen takes an average of 20 photos per day. Concurrently, device storage is only expanding. The first-generation iPod, released in 2001, had a five-gigabyte capacity. By the time I got my first iPhone when I was in high school — the iPhone 4 — it had then-whopping 16-gigabyte storage. In today’s market, 128 gigabytes is the smallest storage option. And my one-terabyte hard drive — the equivalent capacity of the latest iPhone 16 Pro — holds my tens of thousands of photos, and still has 80 per cent of its space available. Much of the archiving is built into modern software, leading us to believe we don’t need to do it ourselves. Until a device bites the dust, a social media platform locks out its users, or a news outlet shuts down — leading Tyee reporter Christopher Cheung to ponder how realistic it is for journalists to archive all their work. Then there’s the ecological impact of our toxic digital habits. According to a BBC report , the carbon footprint of our gadgets and internet uploads account for about 3.7 per cent of global greenhouse emissions — similar to the amount produced by aviation globally. These emissions are predicted to double by 2025. Some companies are addressing the sentimental conundrum of having too many files by capitalizing off the cleanup. In an essay for a Verge web series that explores how the year 2004 shook the world digitally, Allison Johnson highlights how Google Photos and Apple Photos try to package your memories into reels, collages and albums, ready to purchase to print and ship to your door. “I’m a sucker for a montage of my kid and me as much as the next parent,” writes Johnson. “But it’s weird that the photos I see most are either the ones I’ve deemed worthy of the grid or the ones a computer picked because it thought I might like them.” Coping with loss is something we do until the day we die, Sofka told The Tyee. “The role of those photographs and videos and how you cope with death is going to evolve. There’s no way to predict what that’s going to be. It gives you the opportunity to decide over time what goal that technology is going to have in your continuing bonds, because we know your connection to somebody doesn’t just disappear.” But if you’re feeling anxious about how dependent you’ve become on taking photos, or whatever form of thanatechnology you are using, Sofka suggested using self-imposed limits. “Say, ‘okay, it’s important for me, for example, to get videos and pictures of my loved one. For five minutes, I’m going to document my relationship today. Then I’m going to put my phone away.'” Or, “I’m going to take 10 pictures, and I’m going to pick when I take those pictures carefully, so that I have what’s most important for me to capture.” It’s a form of mindfulness, said Sofka. “Once you do that, say, ‘Okay, I’ve done it today, I need to respect leaving my phone off.” Rather than reckoning with our memory overload, we may be choosing to revert to old practices. Take the return of the crappy point-and-shoot camera . Flea markets and online Instagram accounts are selling the same 2000s-style digital cameras I had back in middle school for hundreds of dollars. While scrolling through one of those Instagram pages, I spotted a lime-green Nikon Coolpix I had never seen before. It looked so satisfying to hold that my hand flinched. There was no price listed, but with its all-caps description of “RARE,” I feared the asking price. We as a culture appear to be craving a friction to snapping memories that provides an opportunity to make taking pictures special again, whether in the form of digital or film point-and-shoots. Anything is better than the dated aesthetic of the overly high-definition iPhone photo. Incessantly documenting experience and cataloguing it, as if a life literally depended on it, paradoxically ends up highlighting the ephemeral nature of pictures and videos. They get lost or forgotten. And when we die, we can’t take them with us. “It’s hard to say what’s lurking, forgotten in the 8,000 images in my Google Photos, because hell if I’m going through them all anytime soon,” Johnson went on . “In a way, they’re almost as elusive as those photos from 2004 I still haven’t tracked down.” Reflecting on her visceral memories of Dixie, the author came to realize a perfect archive of her dog’s life was never the point. Photo by Sarah Krichel. Returning to the present Just two weeks after Dixie died, I headed out on a vacation I’d booked months earlier to Greece. The timing was simultaneously poor and ideal. My partner and my friend purchased electronic Sim cards to access the internet on their phones, mapping us everywhere we went. This made my old phone — with no internet connection and its aged, grainy camera — essentially useless. It stayed in my backpack pretty much the entire trip. How Virtual Driving Helped Me Get Free read more During each day of the following two weeks, I easily remembered everything about the previous day, and the day before that, and the day before that — an experience I don’t often have any more working from home, but a quality I recall having back in middle school when I would come home and journal about the day. As Rebecca Seal wrote in the Guardian, when we’re not attending to an experience, we’re less likely to recall it, limiting our capacity to be creative. I still take photos on my iPhone regularly. But where there was once a panicked desire for control, there is now a confidence that I might — that I can — approach hardships in a more grounded way. Snapping photos “for the memories” shouldn’t be about mitigating a consequence or limiting the pain of loss. At least not entirely. It’s mostly just a bonus. Now if I choose not to document something in service of immersion, I see it as a win. Because when I'm truly present, I'm not concerned about forgetting. On our last morning in Greece, I woke up to a fiery sunrise from the top of the hill. I spotted birds of a species I’d never seen before. A small dog that sounded exactly like Dixie barked a couple of houses away. I didn’t take any photos that morning, but I was there. Read more: Photo Essays
Revenue grows 125% year over year Current hashrate surpasses 33.5 EH/s on track for 37 EH/s LAS VEGAS , Dec. 2, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, today reported financial results for the fiscal year ended September 30, 2024 . "Our performance this year reflects a sustained growth trajectory, solidifying our position as one of the top Bitcoin miners in the world, as we move into an anticipated new bull market," said CleanSpark CEO Zach Bradford . "Reflecting on the past year, our results in FY 2024 and the positioning of the company going into 2025 demonstrated the wisdom of our counter-cyclical growth and capital allocation strategy. We produce durable, high performing growth and have been since our earliest days in Bitcoin mining," Bradford said. "CleanSpark has prioritized owned infrastructure as its core foundation, putting us in the best position to optimize our portfolio of data centers to drive ROI to our shareholders as we continue to rapidly deploy additional hashrate on our path to 37 EH by year-end and 50 EH and beyond in 2025." "We anticipated that there would be prime opportunities for M&A paired with organic growth, and over the past year we capitalized by adding 423 MWs to our operating portfolio bringing us to 726 MW, as of today. As we continue focusing on scale in FY 2025 and beyond, we will develop the remaining hundreds of MW in the near-term pipeline while always staying opportunistic," said Bradford. "The team produced our strongest year of financial performance to date, solidifying a track record of effective execution and keeping commitments to shareholders. This fiscal year included the fourth halving event in Bitcoin 's history, and our organizational commitment to operational excellence has allowed us to weather it more successfully than many of our industry peers," said CleanSpark CFO Gary Vecchiarelli . "Even with the halving event impacting block rewards and a significant increase in difficulty, our production outpaced both, yielding approximately 7,100 BTC thanks to our growth in hashrate and the efficiency improvements to our fleet. "CleanSpark's financial strength continued to grow in fiscal 2024," said Vecchiarelli. "Heading into 2025, we have significant scale and size, a healthy balance sheet, industry leading operations and a strong liquidity position, and we are well positioned to pursue diverse capital raising strategies," Vecchiarelli said. Financial Highlights: Full Fiscal Year 2024 Financial Results for the Fiscal Year Ended September 30, 2024 . Balance Sheet Highlights as of September 30, 2024 Assets Liabilities and Stockholders' Equity The Company had working capital of $517.5 million and $66.0 million of loans payable as of September 30, 2024 . 1 See "Non-GAAP Measure" and the related reconciliation below Investor Conference Call and Webcast The Company will hold its fiscal year 2024 earnings presentation and business update for investors and analysts today, December 2, 2024 , at 1:30 p.m. PT / 4:30 p.m. ET . Webcast URL: https://investors.cleanspark.com The webcast will be accessible for at least 30 days on the Company's website and a transcript of the call will be available on the Company's website following the call. About CleanSpark CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner ® , is a market-leading, pure play bitcoin miner with a proven track record of success. We own and operate a portfolio of mining facilities across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin , energy, operational excellence and capital stewardship, we optimize our mining facilities to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by securing the most important finite, global asset – Bitcoin – positions us to prosper in an ever-changing world. Visit our website at www.cleanspark.com . Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this press release, forward-looking statements include, but may not be limited to, statements regarding the Company's expectations, beliefs, plans, intentions, and strategies. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "forecasts," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the risk that the electrical power available to our facilities does not increase as expected; the success of its digital currency mining activities; the volatile and unpredictable cycles in the emerging and evolving industries in which we operate, including the volatility of BTC prices; increasing difficulty rates for bitcoin mining; bitcoin halving; new or additional governmental regulation; the anticipated delivery dates of new miners; the Company's ability to successfully completed acquisitions, including integration risks relating to completed and potential acquisitions, the ability to successfully deploy new miners; the dependency on utility rate structures and government incentive programs; dependency on third-party power providers for expansion efforts; the expectations of future revenue growth may not be realized; and other risks described in the Company's prior press releases and in its filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in those filings. Forward-looking statements contained herein are made only as to the date of this press release, and we assume no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as required by applicable law. Non-GAAP Measure The Company presents adjusted EBITDA, which is not a measurement of financial performance under generally accepted accounting principles in the United States ("GAAP"). The Company's non-GAAP "Adjusted EBITDA" excludes (i) impacts of interest, taxes, and depreciation; (ii) the Company's share-based compensation expense, unrealized gains/losses on securities, and, changes in the fair value of contingent consideration with respect to previously completed acquisitions, all of which are non-cash items that the Company believes are not reflective of the Company's general business performance, and for which the accounting requires management judgment, and the resulting expenses could vary significantly in comparison to other companies; (iii) non-cash impairment losses related to long-lived assets (including goodwill); (iv) realized gains and losses on sales of equity securities, the amounts of which are directly related to the unrealized gains and losses that are also excluded; (v) legal fees related to litigation and various transactions, which fees management does not believe are reflective of the Company's ongoing operating activities; (vi) gains and losses on disposal of assets, the majority of which are related to obsolete or unrepairable machines that are no longer deployed; (vii) gains and losses related to discontinued operations that would not be applicable to the Company's future business activities; and (viii) severance expenses. The Company previously excluded non-cash impairment losses related to digital assets and realized gains and losses on sales of bitcoin from its calculation of adjusted EBITDA, but has determined such items are part of the Company's normal ongoing operations and will no longer be excluding them from its calculation of adjusted EBITDA. Management believes that providing this non-GAAP financial measure that excludes these items allows for meaningful comparisons between the Company's core business operating results and those of other companies, and provides the Company with an important tool for financial and operational decision making and for evaluating its own core business operating results over different periods of time. In addition to management's internal use of non-GAAP adjusted EBITDA, management believes that adjusted EBITDA is also useful to investors and analysts in comparing the Company's performance across reporting periods on a consistent basis. Management believes the foregoing to be the case even though some of the excluded items involve cash outlays and some of them recur on a regular basis (although management does not believe any of such items are normal operating expenses necessary to generate the Company's bitcoin related revenues). For example, the Company expects that share-based compensation expense, which is excluded from adjusted EBITDA, will continue to be a significant recurring expense over the coming years and is an important part of the compensation provided to certain employees, officers, and directors. Additionally, management does not consider any of the excluded items to be expenses necessary to generate the Company's bitcoin related revenue. The Company's adjusted EBITDA measure may not be directly comparable to similar measures provided by other companies in our industry, as other companies in the Company's industry may calculate non-GAAP financial results differently. The Company's adjusted EBITDA is not a measurement of financial performance under GAAP and should not be considered as an alternative to operating (loss) income or any other measure of performance derived in accordance with GAAP. Although management utilizes internally and presents adjusted EBITDA, the Company only utilizes that measure supplementally and does not consider it to be a substitute for, or superior to, the information provided by GAAP financial results. Accordingly, adjusted EBITDA is not meant to be considered in isolation of, and should be read in conjunction with, the information contained in the Company's consolidated financial statements, which have been prepared in accordance with GAAP. CLEANSPARK, INC. CONSOLIDATED BALANCE SHEETS (in thousands, except par value and share amounts) September 30, 2024 September 30, 2023 ASSETS Current assets Cash and cash equivalents $ 121,222 $ 29,215 Restricted cash 3,056 — Receivable for equity offerings — 9,590 Prepaid expense and other current assets 7,995 3,258 Bitcoin (See Note 2 and Note 6) 431,661 56,241 Receivable for bitcoin collateral (See Note 2 and Note 12) 77,827 — Note receivable from GRIID (see Note 7) 60,919 — Derivative investments 1,832 2,697 Investment in debt security, AFS, at fair value 918 726 Current assets held for sale — 445 Total current assets $ 705,430 $ 102,172 Property and equipment, net $ 869,693 $ 564,395 Operating lease right of use asset 3,263 688 Intangible assets, net 3,040 4,603 Deposits on miners and mining equipment 359,862 75,959 Other long-term asset 13,331 5,718 Goodwill 8,043 8,043 Total assets $ 1,962,662 $ 761,578 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable $ 82,992 $ 39,900 Accrued liabilities 43,874 25,677 Other current liabilities 2,240 311 Current portion of loans payable 58,781 6,992 Current liabilities held for sale — 1,175 Total current liabilities $ 187,887 $ 74,055 Long-term liabilities Operating lease liability, net of current portion 997 519 Finance lease liability, net of current portion — 9 Loans payable, net of current portion 7,176 8,911 Deferred income taxes 5,761 2,416 Total liabilities $ 201,821 $ 85,910 Commitments and contingencies - Note 18 CLEANSPARK, INC. CONSOLIDATED BALANCE SHEETS (continued) (in thousands, except par value and share amounts) September 30, 2024 September 30, 2023 Stockholders' equity Preferred stock; $0.001 par value; 10,000,000 shares authorized; Series A shares; 2,000,000 authorized; 1,750,000 issued and outstanding (liquidation preference $0.02 per share) Series X shares; 1,000,000 and 0 authorized, issued and outstanding, respectively 3 2 Common stock; $0.001 par value; 300,000,000 shares authorized; 270,897,784 and 160,184,921 shares issued and outstanding, respectively 271 160 Additional paid-in capital 2,239,367 1,009,482 Accumulated other comprehensive income 418 226 Accumulated deficit (479,218) (334,202) Total stockholders' equity 1,760,841 675,668 Total liabilities and stockholders' equity $ 1,962,662 $ 761,578 The accompanying notes are an integral part of these consolidated financial statements. CLEANSPARK, INC. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (in thousands, except per share and share amounts) For the year ended September 30, 2024 September 30, 2023 September 30, 2022 Revenues, net Bitcoin mining revenue, net $ 378,968 $ 168,121 $ 131,000 Other services revenue — 287 525 Total revenues, net $ 378,968 $ 168,408 $ 131,525 Costs and expenses Cost of revenues (exclusive of depreciation and amortization shown below) 165,516 93,580 41,234The next generation of New York City investors are already making their mark in the Big Apple. They come from big-name venture firms like Female Founders Fund and Lerer Hippeau and smaller ones like Chai Ventures. They work in areas like growth, consumer, and health. They canoe, hike, and play pickleball on the weekends. We chatted with some of the young investors — think, under 30 — who are helping to shape the future of venture capitalism in New York City. Here’s who is on the list so far. (This list will be updated periodically.) Layla Alexander — Female Founders Fund Background: Alexander, 25, first entered the industry through an internship with Cleo Capital and Harlem Capital, before landing at FFF as an investor in 2022. Why this VC is notable: She’s excited about the care economy, enterprise climate tech, and healthcare (all very buzzy — and lucrative — sectors these days). Her firm’s portfolio includes the astrology app Co-Star and model Winnie Harlow’s Cay Skin. Fun facts and interests: Her hobbies include running, reading, the sauna, and Pilates. She’s looking for founders who deeply know their market, retain users, and have research that shows their companies can scale. Talia Askowitz — Deerfield Management Background: Askowitz, 26, is a principal at Deerfield Management where she became the firm’s youngest partner at just the age of 25, according to Forbes. She previously worked at AMC Health as a business intelligence intern and was a volunteer research assistant at Mount Sinai Health Systems. Why this VC is notable: She made the Forbes 30 Under 30 list for 2025 and, according to the outlet, has helped deploy over $500 million in capital. Fun facts and interests: She co-authored three papers while at Mount Sinai Health Systems. Lori Berenberg — Bloomberg Beta Background: Berenberg, 29, worked in technical and product management roles after college until she caught the eye of Bloomberg Beta. Transitioning from product management to venture capital was a risk, but she says her background gives her a unique perspective while evaluating startups, allowing her to “bridge the gap between technical innovation and go-to-market,” she told TechCrunch. Why this VC is notable: One of the features she led while working at MongoDB as a product manager is now awaiting a patent. Fun facts and interests: Her hobbies include needlepoint and vintage fashion. She wants to back companies with the potential to be more than great. “It needs a shot at the extraordinary.” Alex Chung — Chai Ventures Background: Chung, 26, got into the venture industry through her mentor, Serena Dayal, a partner at SoftBank Vision Fund, who shared tips on how to navigate the ecosystem. “Most importantly, she imbued me with confidence,” Chung told TechCrunch. Why this VC is notable: She’s into women’s health, identifying it as an area for much potential as the sector — and its need for innovation — steps into the national spotlight. Fun facts and interests: Her hobbies include running, racquet sports, and needlepointing. Besart Çopa — Antler Background: Çopa, 27, started at Antler just this year. He previously held an internship at a16z, then started Chestr, an online shopping platform. The company closed and Copa then joined Antler. He thought about founding another startup but felt he didn’t have an idea he was passionate about, “so the second best thing was to support others who did.” Why this VC is notable: He’s a founder turned principal investor at one of the hottest accelerator programs around. “If I hadn’t chewed glass myself, I would have found it impossible to truly sympathize with the journeys of the founders I support.” Fun facts and interests: He disagrees with the industry’s seeming obsession with young founders. “Let teens be teens,” he said. “Fall in love. Watch the stars. You can still build on the side. If you have an idea you feel in your bones that it must exist, then go for it. Otherwise, you can always start a B2B SaaS [company] later.” His hobbies include reading history and painting. As a pre-seed investor, he has a founder-centric approach to investing and says he’s looking for those who are building focused solutions for niche user problems. “The more niche, the better!” Ethan Daly — Shine Capital Background: Daly, 27, started out in investment banking before moving to Shine, where he has been for the past four years. He is now a partner at the firm. Why this VC is notable: He was recently promoted to partner at Shine. Fun facts and interests: Shine Capital’s portfolio includes the collector community Flamingo and the workplace platform Notion. George Easley — Outsiders Fund Background: Easley, 29, started at Outsiders Fund in 2021 and is now a principal at the fund where he helps lead investments in sectors such as AI and robotics. He was previously a senior analyst at ICONIQ Capital, as well as held associate and analyst roles at Bridgewater and Brownson, Rehmus & Foxworth, respectively. Why this VC is notable: He made the Forbes 30 under 30 list for 2025 and, according to Forbes, he’s helped invest more than $25 million in companies such as Breedr and Cercle. Fun Facts and Interests: According to his LinkedIn, he studied history and geography at Dartmouth, where he played both tennis and table tennis. Marina Girgis — Precursor VC Background: Girgis, 29, started out on the finance side, researching data and semiconductors. She loved learning about emerging tech but said she wanted to have more of a direct impact on the companies she researched, so she pivoted and has since become quite bullish on investing in companies at the pre-seed stage. “I chose to become a generalist and invest at the earliest stage possible, idea-stage companies, so I could get to know the people behind the companies and witness their transformation from the very beginning,” she told TechCrunch. Why this VC is notable: Known for her knack at picking pre-seed companies, like AI security startup Edera , and for moving fast to make the end-to-end investment process feel seamless. Fun facts and interests: Her outside hobbies include jigsaw puzzles and reading murder mysteries. One thing she would like to see change in the industry is rigid thinking on what type of founders to back. “There are no hard and fast rules in venture,” she said, adding that anyone can fail regardless of background. “You should learn from your past experiences as an investor, but my hope is to stay open-minded.” Laura Hamilton — Notable Capital Background: Hamilton, 26, has been an investor at Notable Capital since 2023. She got her start in the industry by sending many cold emails and making cold calls to alumni. She landed her first VC job by applying cold on LinkedIn, “proving the hustle strategy works,” she told TechCrunch. Why this VC is notable: At Notable, she’s focusing on data, cloud infrastructure, developer tools, and cybersecurity. “Right now, I’m especially interested in agent infrastructure,” and she is looking to back more founders with deep passion and purpose. Fun facts and interests: Her hobbies include hosting a podcast called Partner Path, where she dives into the success stories of rising investors and founders. She also helps run FemBuild Collective, a community for female engineers and technical founders in the City. Emily Herrera — Slow Ventures Background: Herrera, 25, is an investor at Slow Ventures, whose portfolio includes delivery service Postmates, women’s footwear brand Birdies, and the social app Citizen. She previously worked at Night Ventures and specializes in consumer investing and the creator economy. Why this VC is notable: Her forward-thinking approach to creator economy investing came as others were still pondering the sector’s impact. Fun facts and interests: She has a long history in venture, interning everywhere from Harlem Capital to Dorm Room Fund. Fast Company hailed her as one of the “savviest creator economy investors” in 2022 for her work at Night Ventures, which backed companies such as influencer marketing platform Pearpop and NFT app Zora. Bryce Johnson — Primary Venture Partners Background : Johnson, 25, spent time working in software and product at Big Tech. He heard Josh Wolfe from Lux Capital speak at an event one year and became fixated on the idea of early-stage investing. He pivoted to management consulting and used that network to land an analyst role at Primary. Why this VC is notable: One of the only junior VCs at his firm, he is known for being an advocate for diversity within VC. Fun facts and interests: He loves classical music and backpacked Southeast Asia last summer. For work, his focus is in healthcare, consumer, SMB tech, and vertical SaaS. Bradford Jones — SignalFire Background: Bradford, 28, is a principal at SignalFire. Before that, he was an investor at Insight Partners. Why this VC is notable: He made the Forbes 30 under 30 list in 2025 and Forbes reports that he leads SignalFire’s NYC office, where he focuses on the intersection of applied AI and SaaS, helping lead investments into companies like Tofy and Shade. Fun Facts and Interests: According to his Linkedin, he played D-1 football at the University of Michigan Will McKelvey — Lerer Hippeau Background: McKelvey, 29, partnered with a few classmates and raised a fund to start backing startups while attending UC Berkeley. After graduation, he moved to New York and joined Lerer Hippeau. Why this VC is notable: Launched a student venture fund at Berkeley that is still making investments. Fun facts and interests: One thing he would like to change about the industry is the amount of ego and arrogance that persists, which can cause investors to miss out on opportunities and talent. “Many VCs have always been the star student, went to the fancy schools, and got the fancy job, so they misguidedly carry that attitude into this role,” he continued. “This industry could use a heavy dose of humility.” His hobbies include softball, basketball, and beach volleyball. He wants to know two things from the founders who pitch him. “What is the insight you have that everyone else is missing, and how did you unearth it?” he said. “What is driving you to take on the titanic effort of building a company from scratch?” Mason Murray — NEA Background: Murray, 28, joined the firm after a brief career in investment banking. He’s mostly a generalist but focuses on software companies selling to businesses or consumers. Why this VC is notable: Unprompted, three people on this list asked to make sure he was included. According to NEA’s website , he has made six investments, including in the newsletter company beehiiv and AI video company Tweleve Labs. Fun facts and interests: He joined the firm after a brief career in investment banking. He’s mostly a generalist but focuses on software companies selling to businesses or consumers. He’s bullish on AI and wouldn’t mind seeing more AI founders coming to New York. “We have talent, customers, capital, and great academic institutions,” he told TechCrunch. “I’m bullish on New York.” In his personal life, he’s a hobby collector, musician, singer, and amateur cook. In his professional life, he’s looking for founders with a clear vision on how the world can be different, “paired with a precise hypothesis on what it takes to get there.” Zehra Naqvi — Headline Ventures Background: Naqvi, 25, worked at a few consumer startups before officially becoming an investor for Headline last year. Why this VC is notable: She’s known around town for her popular venture capital newsletter No GPs Allowed , which offers networking opportunities to investors around New York. Fun facts and interests: She loves being an investor and says even though the market is down in the consumer sector right now, “history has proven time and time again that now is the best time to double down on investing in the future of consumers,” she told TechCrunch. “Be a contrarian.” Her hobbies include going to art galleries, traveling, playing tennis, and watching movies (she’s an AMC Stubs member). She’s looking for founders in the consumer space, in both tech and consumer packaged goods, between pre-seed and Series A. David Ongchoco — Comma Capital Background: Ongchoco, 28, has a background in tech, sales, and investing, working for places like Dorm Room Fund, interning at Learn Capital, and working in sales and growth at Amplitude and Rutter. Why this VC is notable: Ongchoco is a co-founder of Comma Capital, which invests at the pre-seed and seed stages. Fun facts and interests: He, alongside his co-founder Adarsh Bhatt, made Forbes’ 30 Under 30 this year for their work in venture capital. Comma has backed more than 50 companies to date, some of which have gone on to be acquired by companies like Stripe and Airtable. Will Robbins — Contrary Background: Robbins, 27, is a general partner at Contrary. According to his LinkedIn, he previously worked for various tech companies doing machine learning and held general roles at startups. Why this VC is notable: He made the Forbes 30 Under 30 list for 2025, with the outlet reporting that he has helped raise four funds worth millions. Investments include the unicorn Zepto and Alloy Automation. Fun Facts and Interests: Forbes also says he helps provide startup opportunities to underrepresented youth. Michael Shepard — Insight Partners Background: Shepherd, 29, is a principal at Insight Partners. Before that, he held roles at iCapital Network and Levine Leitchman Capital Partners. Why this VC is notable: He made the Forbes 30 Under 30 list for 2025 and worked his way up from an intern at Insight Partners to a partner. He focuses on SaaS in Europe and North America, with investments including Kabal and Colab. Fun facts and interests: His LinkedIn says he is the founder of the startup Lagom.io which creates homepages for browsers. Alexandra Sukin — Bessemer Venture Partners Background: Sukin, 27, got her start in the industry while at Harvard, where she was involved with various on-campus activities like Harvard Ventures and was a founding member of the VC firm Contrary Capital. After graduating, she joined Bessemer. Why this VC is notable: She’s a vice president at Bessemer, and her investments include the fintech Truebill (acquired by Rocket Technologies) and enterprise companies Unito, Rewind, and Contractbook. Fun facts and interests: Her hobbies include hiking and skiing, and she loves spending time out West, as her father’s side of the family is from Montana and Colorado. “While I’m investing a lot these days in vertical and SMB software, I am also really excited about AI enabling a wave of consumer companies,” she said. Mark Xu — Lightspeed Venture Partners Background: Xu, 24, is a partner at Lightspeed Venture Partners, whose investments, according to his LinkedIn, include Glean, Stripe, Wiz, and Anduril. Why this VC is notable: One of the youngest to ever be promoted to partner at Lightspeed Ventures. Fun facts and interests: Attended the Juilliard School for the violin before heading to Harvard University to study math. Had a background in business development and investment banking before joining Lightspeed Ventures. Claire Zau — GSV Ventures Background: Zau, 27, is one of the youngest investors ever to become a partner at GSV, where she helps lead AI investments, according to Forbes. She previously held internships at Red & Blue Ventures, Julius Bear, and Baring Private Equity Asia. Why this VC is notable: She made the Forbes 30 under 30 list for 2025 with investments including Pace AI, Magic School, and Paloma. Fun facts and interest: She has an AI newsletter called “GSV: AI & Education” that has more than 6,000 subscribers. Vincent Zhu — General Catalyst Background: Zhu, 25, is an early-stage investor at General Catalyst and, according to his LinkedIn, loves working with founders “building for the digitally native generation.” Why this VC is notable: He’s made a name for himself around town, hosting events and helping founders get intros. Fun facts and interests: After college, he worked as an analyst at Goldman Sachs before joining General Catalyst two years ago. The firm’s portfolio includes Stripe, Canva, and Warby Parker. This piece was updated to reflect Mason Murray’s most recent investments.
It seems counterintuitive and contradictory to think of an intellectual foundation behind United States President-elect Donald J Trump when he is professedly unintellectual, even anti-intellectual. But make no mistake. Mr Trump is merely a phenomenon. Understanding it reveals his worldview and consequent policy prospects. But doing so requires seeing the Trump phenomenon as it is rather than why and how it is detested by countless millions of us. Indeed, the biggest difficulty when analysing Mr Trump and his second administration is the global disdain he elicits. To be sure, Mr Trump represents a political movement that has been gestating in American politics for several decades. Tellingly, at the Republican Party primaries in 1992, candidate Patrick Buchanan advocated similar positions as compared to Mr Trump against immigration, multiculturalism, abortion, American imperialism, and an excessively regulated state. Proponents of this anti-establishment and insular line of thinking demanded a different socio-political order at home and an alternative paradigm abroad that must no longer be determined by the post-Second World War structure but a post-Cold War reality. To them, after having successfully fought global conflicts on two continents in the 1940s and won the Cold War in the following four decades, an exhausted and overstretched America should come home to repair and recover the domestic front. Underpinning this strand of relative isolationism and abandonment of American imperialism, and disengagement from international obligations is nativism at home. This nativist outlook was fundamentally supportive of social conservatism and opposed to illegal immigration, not xenophobia per se, but a cap on immigrant inflows consistent, for example, with the quota-driven Immigration Act of 1924, which was overturned in 1965, thereby opening the floodgates to non-American outsiders, especially from next-door Mexico and other Latin American countries to the south. By 2004, the famous Harvard political scientist Samuel P Huntington conceptualised and codified this simmering nativism into a book entitled Who Are We?: The Challenges to America's National Identity. More famous for his Clash of Civilizations thesis, Huntington's last book before he passed is less mentioned due to its xenophobic undertones and cultural bias towards Americans who were White Anglo-Saxon Protestant (WASP) -- referred to as "Anglo-Protestant". Yet it is the intellectual basis of sorts behind the movement that has enabled Mr Trump's rise. America was set up by English settlers and should, therefore, not become dominated by an immigrant majority from Mexico and other countries. From the fringe of the Republican Party, nativism has taken 30-odd years to move towards front and centre, spearheaded by an anti-intellectual president who is despised and deplored by establishment centrists and liberals but who sees it as a self-correcting catharsis for national renewal and rejuvenation. Accordingly, Mr Trump's nativist leanings at home and rejection of the established rules-based liberal international order will likely lead to a policy projection abroad pivoting around trade protectionism and economic nationalism on the one hand and relative withdrawal with conditional engagement in foreign and security policy on the other. In practice, this means international trade on America's terms and a strong military that will no longer be the world's policeman. Partners and allies will need to pull their weight as the US's priorities shift wholesale to reclaiming the greatness it lost since the end of the Cold War. By the same logic, rivals and competitors will be confronted and pushed back for having taken advantage of America's post-Cold War weakness when hyper-globalisation and international economic integration allowed them to ascend and challenge American supremacy in an effort to eclipse it. Coming to grips with Trump II requires taking the Trump mantra of "Making America Great Again" seriously and literally. The questions that will frame US economic and security policy prospects will be based on the MAGA mindset: What was America's greatness like? Why, when and how it has been lost? And how to get it back? Trump II's answers to these questions can already be anticipated. Clearly, such greatness existed in the past, perhaps around the 1950s and the end of the Cold War when American primacy was unchallenged. It was somehow eroded and lost in the post-Cold War period. Getting it back means bringing others down while America relatively goes up. The international system, with its rules-based liberal order, has drained American resources. Allies are free-riders, as Trump II thinking goes, that are often geoeconomic competitors while they benefit geopolitically from US support and largess. Economic partners have gained substantially from access to the US's huge market to become major economies in their own right. To regain greatness, the international political and economic system needs to be revamped so that it is rebalanced in America's favour. This is why China will be the top target of Trump II's wrath because the Trump movement views China as a challenger of the worst kind, which has stolen US technology and ripped off Americans by attracting factories and jobs that used to belong to them. China has done all that so shrewdly that it is on the cusp of surpassing the US in economic size and technological prowess. We can, therefore, expect US industrial policies under the outgoing government of President Joe Biden to become outright mercantilism with direct export subsidies, import quotas, and wide-ranging tariffs. Trump II is likely to proceed with its pre-election tariff threats of 60% against Chinese imports and 20% on goods from other countries, not to mention the pledge to levy upwards of 200% duties on imported electric vehicles. Although it might not come up overnight and perhaps not as high as feared, the Trump II tariff wall will be erected to a height not seen in recent memory. That Mr Trump is despised worldwide is natural because he is fundamentally anti-establishment, both at home and abroad. In US domestic politics, he is contesting American national identity that is being overwhelmed by continuous waves of immigration from Mexico and other Latin American countries. Internationally, Mr Trump is against the established institutional architecture of power, how authority has been exercised, and by whom. He is the antithesis of our understanding of the international system and how it works because he wants to cleanse it in the US's favour. That he won the US presidential poll in 2016 and again eight years later with an even more decisive margin should behove outsiders to be aware that people in America want to change at home and abroad. Thitinan Pongsudhirak, on leave from Chulalongkorn University's Faculty of Political Science, is a visiting professor at the London School of Economics.
PALO ALTO, Calif. , Nov. 25, 2024 /PRNewswire/ -- AKOOL, Inc., the global leader in generative AI video, is excited to announce its strategic partnership with Immerso AI, a wholly owned subsidiary of Eros Digital, the largest producer and distributor of Bollywood content worldwide. This partnership aims to transform the digital immersion and video markets through cutting-edge AI technologies, merging Immerso AI's extensive digital IP content libraries with AKOOL's generative AI expertise. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
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Kendrick Lamar “wacced out murals” Lyric BreakdownWorkaholic Provincial duo and Ben Fulford have gained their highest representative honours after being selected for Victoria Country. or signup to continue reading The pair will contest the Australian Country Championships in South Australia's Barossa Valley from January 3-10. "It means a lot, I've put in a lot of effort over the last couple of years to take my game to the next level," Lavington captain Galvin explained. The 27-year-old and Fulford, 30, both represented Riverina in the recent NSW Country Championships. "It's a reward for some hard work, individually been putting in a lot of effort," Fulford offered. CAW players can represent either NSW or Vic Country given the association's affiliation with both states and Galvin outlined last month his desire to play for his home state of NSW. Wicketkeeper-batter Fulford has 246 runs at 49.2 after CAW's first six rounds, while Galvin has 209 at 41.8, starting in style with a century. Galvin is also a crafty right-arm medium-pacer, but Lavington's lethal pace attack, spearheaded by Riverina stars Ryan Brown and Luke Docherty, means he has bowled only five overs. The pair works incredibly hard and both have teamed up with association gun Matt Condon. "He fixed me up technically and since then it's shifted to mindset and how I approach my batting and how I can get into a really good place in my innings," left-handed top order bat Galvin revealed. "My hands and my bat lift needed some work and I was struggling to access different parts of the ground but through a few tweaks; basically it all starts with the set-up, once you fix that it helps everything else." Fulford is a North teammate of Condon. "Condo's been a big help, understanding the game, we've all got ability but to understand the game and know when we can take it away from a team and knowing when to absorb the pressure," he outlined. "You can't pump up his tyres too much (laughs), but he's an absolute legend of a bloke, a wonderful cricketer and wonderful coach." DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement AdvertisementAR not joining other parties in ECN legal challenge, considers own optionsRepublicans love to jump up and down, rant, work the ref, and bully Democrats whenever they can use it to their advantage. The prosecution of Hunter Biden is a case where a plea deal blew up and the U.S. Department of Justice was forced into putting him on trial due to political pressure. The charges that Hunter Biden faced were mild compared to those faced by Donald Trump. When Trump left office, he pardoned Roger Stone, Steve Bannon, Michael Flynn, Paul Manafort, his sycophants, and Ivanka’s father-in-law, now U.S. Ambassador to France nominee Charles Kushner. Trump has vowed to pardon the Jan. 6 rioters, who injured police officers. No complaints from the Republicans. The rule of law, prosecutors, judges, grand juries, juries, and convictions mean nothing to Republicans if Trump is the defendant and can libel the whole process. And forget about defending police officers. Trump has nominated Kash Patel to head the FBI, and Republican senators will choke down their vomit to confirm him. His priority will be to go after all of Trump’s enemies. Biden should protect the rule of law before leaving office by pardoning those at risk from Trump’s wrath. Let the Republicans howl. George Magakis Jr., Norristown, PA
The main opposition Democratic Party of Korea slashed the government budget for next year and passed the reduced budget unilaterally through the Special Budget Settlement Committee. The party, which has a majority in the National Assembly, is also pushing to impeach chair of the Board of Audit and Inspection and senior prosecutors. It seems determined to disturb the government. The budget the majority party passed through the committee amid a ruling party boycott Friday reflects only reductions that it wants. The original government budget of 677.4 trillion won ($485 billion) was curtailed by 4.1 trillion won. It is the first time in the history of Korea’s constitutional governance that a budget bill was processed without bipartisan agreement in the budget committee. The party removed special activity expenses for the presidential office and the National Security Office, specific work and special activity expenses for the prosecution and the Board of Audit and Inspection, and special activity expenses for the police. The expenses are related to activities that require secrecy such as intelligence gathering, narcotics trafficking investigation and probes related to national security. Setbacks in these offices' investigations will be inevitable. The Assembly has so far acknowledged budgets for such activities undisclosed to the public. But the party abruptly removed all of them, citing the possibility of abuse. It is tantamount to revenge for indicting its leader, Rep. Lee Jae-myung, and auditing irregularities committed under the previous Moon Jae-in administration. The government’s reserve fund of 4.8 trillion won was halved to 2.4 trillion won. The fund is used to pay for responses not only to natural disasters but also to economic crises. It cut 50.5 billion won the government had demanded for a drilling operation to uncover potential gas and oil reserves in the East Sea to 800 million won. Constitutionally, the National Assembly must get consent from the government to increase the budget, but to reduce it, governmental agreement is not necessary. The Democratic Party used this rule to slash the budget. The party even gave up on increasing budgets for programs that it is interested in. The Democratic Party is also pushing an impeachment drive. It reportedly plans to put to a vote in the Assembly plenary session tomorrow its bills to impeach Choe Jae-hae, chair of the Board of Audit and Inspection, and Lee Chang-soo, chief law enforcement officer of the Seoul Central District Prosecutors’ Office, and two other senior prosecutors of the office. If the party pushes these bills through, the total number of high-ranking officials it will have impeached will rise to 18. If the chief prosecutor of Seoul District is suspended, it will hamper not only the cases against Lee, but also those involving other individuals. The party cites several reasons for pushing to impeach Choe, but they are just formalities. If the BAI head is impeached, it would be the first time for the top post to be vacated. The inspection of government agencies will likely run into problems. The main opposition party's push to impeach the BAI head appears to be an act of political retaliation. The board has audited allegations related to Moon’s major policies: that government statistics were manipulated, that the deployment of the Terminal High Altitude Area Defense missile system was intentionally delayed, and that data was manipulated to decommission the Wolseong nuclear power plant. Even if the Assembly approves impeachment bills against Choe and three prosecutors, the chances are slim that the Constitutional Court will uphold the impeachments. Earlier, the court rejected impeachment bills presented by the party against Interior and Safety Minister Lee Sang-min and two prosecutors. And yet the party continues its impeachment drive, apparently to disrupt the government. The party is said to be toying with the idea of impeaching Defense Minister Kim Yong-hyun and recommending the dismissal of Agriculture, Food and Rural Affairs Minister Song Mi-ryung. It seems to be opportunistically eyeing the fall of the Yoon government. The government does not only belong to Lee and his party. They should stop trying to disturb the government.ST. SIMONS ISLAND, Ga. (AP) — PGA Tour rookie Patrick Fishburn played bogey-free for an 8-under 64 for his first lead after any round. Joel Dahmen was 10 shots behind and had a bigger cause for celebration Friday in the RSM Classic. Read this article for free: Already have an account? To continue reading, please subscribe: * ST. SIMONS ISLAND, Ga. (AP) — PGA Tour rookie Patrick Fishburn played bogey-free for an 8-under 64 for his first lead after any round. Joel Dahmen was 10 shots behind and had a bigger cause for celebration Friday in the RSM Classic. Read unlimited articles for free today: Already have an account? ST. SIMONS ISLAND, Ga. (AP) — PGA Tour rookie Patrick Fishburn played bogey-free for an 8-under 64 for his first lead after any round. Joel Dahmen was 10 shots behind and had a bigger cause for celebration Friday in the RSM Classic. Dahmen made a 5-foot par putt on his final hole for a 2-under 68 in tough conditions brought on by the wind and cold, allowing him to make the cut on the number and get two more days to secure his PGA Tour card for next year. He is No. 124 in the FedEx Cup. “I still got more to write this weekend for sure,” said Dahmen, who recently had said his story is not yet over. “But without having the opportunity to play this weekend, my story would be a lot shorter this year.” Fishburn took advantage of being on the easier Plantation course, with trees blocking the brunt of the wind and two additional par 5s. He also was helped by Maverick McNealy, who opened with a 62 on the tougher Seaside course, making two bogeys late in his round and having to settle for a 70. Fishburn, who already has locked up his card for next year, was at 11-under 131 and led McNealy and Lee Hodges (63) going into the weekend. Michael Thorbjornsen had a 69 and was the only player who had to face Seaside on Friday who was among the top five. What mattered on this day, however, was far down the leaderboard. The RSM Classic is the final tournament of the PGA Tour season, and only the top 125 in the FedEx Cup have full status in 2025. That’s more critical than ever with the tour only taking the top 100 for full cards after next season. Players like Dahmen will need full status to get as many playing opportunities as they can. That explains why he felt so much pressure on a Friday. He didn’t make a bogey after his opening hole and was battling temperatures in the low 50s that felt even colder with the wind ripping off the Atlantic waters of St. Simons Sound. He made a key birdie on the 14th, hitting a 4-iron for his second shot on the 424-yard hole. Dahmen also hit wedge to 2 feet on the 16th that put him on the cut line, and from the 18th fairway, he was safely on the green some 40 feet away. But he lagged woefully short, leaving himself a testy 5-footer with his job on the line. “It was a great putt. I was very nervous,” Dahmen said. “But there’s still work to do. It wasn’t the game-winner, it was like the half-court shot to get us to halftime. But without that, and the way I played today, I wouldn’t have anything this weekend.” His playing partners weren’t so fortunate. The tour put three in danger of losing their cards in the same group — Zac Blair (No. 123), Dahmen and Wesley Bryan (No. 125). The cut was at 1-under 141. Blair and Bryan came to the 18th hole needing birdie to be assured of making the cut and both narrowly missed. Now they have to wait to see if anyone passes them, which is typically the case. Thorbjornsen in a tie for fourth and Daniel Berger (66 at Plantation) in a tie for 17th both were projected to move into the top 125. Dahmen, indeed, still has work to do. Fishburn gets a weekend to see if he can end his rookie year with a win. “I’ve had a lot of experience playing in cold growing up in Utah, playing this time of year, kind of get used to playing when the body’s not moving very well and you’ve got to move your hands,” said Fishburn, who played college golf at BYU. “Just pretty happy with how I played.” Ludvig Aberg, the defending champion and No. 5 player in the world competing for the first time in more than two months because of knee surgery, bounced back with a 64 on Plantation and was back in the mix. Aberg played with Luke Clanton, the Florida State sophomore who looks like he belongs each week. Clanton, the No. 1 player in the world amateur ranking who received a sponsor exemption, had a 65 at Plantation and was two shots off the lead. Clanton already has a runner-up and two other top 10s since June. “Playing with him, it’s pretty awesome to watch,” Clanton said. “We were kind of fanboying a little it. I know he’s a really good dude but to be playing with him and to see what he’s done over the last couple years, it’s pretty inspirational.” ___ AP golf: https://apnews.com/hub/golf Advertisement Advertisement
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Keeping the Peace: Talking Politics in the WorkplaceAKRON, Ohio , Dec. 10, 2024 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it will hold its annual general meeting of shareholders at 428 South Seiberling Street, Akron, Ohio , US on January 7, 2025 at 10:00 a.m., New York time. Holders of record of ordinary shares and Class A preference shares of the Company at the close of business on December 20, 2024 , New York time (the "Record Date") are entitled to receive notice of, and to attend and vote at, the annual general meeting or any adjournment thereof. Holders of the Company's American Depositary Shares ("ADSs") who wish to exercise their voting rights for the underlying ordinary shares must act through the depositary of the Company's ADS program, Deutsche Bank Trust Company Americas. The notice of the annual general meeting, which sets forth the resolutions to be submitted to shareholder approval at the annual general meeting is available on the Investor Relations section of the Company's website at https://ir.btcm.group . The Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC") on May 15, 2024 . Shareholders may obtain a copy of the Company's annual report, free of charge, from the Company's website at https://ir.btcm.group and on the SEC's website at www.sec.gov , or by contacting BIT Mining Limited at 428 South Seiberling Street, Akron, Ohio , US, attention: Victor He , telephone: +1 (330) 676-2680, email: ir@btcm.group . About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company with operations in cryptocurrency mining, data center operation and mining machine manufacturing. The Company is strategically creating long-term value across the industry with its cryptocurrency ecosystem. Anchored by its cost-efficient data centers that strengthen its profitability with steady cash flow, the Company also conducts self-mining operations that enhance its marketplace resilience by leveraging self-developed and purchased mining machines to seamlessly adapt to dynamic cryptocurrency pricing. The Company also owns 7-nanometer BTC chips and has strong capabilities in the development of LTC/ DOGE miners and ETC miners. Safe Harbor Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law. For more information: BIT Mining Limited ir@btcm.group ir.btcm.group www.btcm.group Piacente Financial Communications Victor He Tel: +1 (330) 676-2680 Email: BITMining@thepiacentegroup.com View original content: https://www.prnewswire.com/news-releases/bit-mining-limited-to-hold-annual-general-meeting-on-january-7-2025-302327447.html SOURCE BIT Mining Limited
Pay first, deliver later: Some women are being asked to prepay for their babyWith two months left in his term, O’Malley’s effort to fix the system has made inroads but remains a work in progress.Dom Amore: Dan Toatley has triumphed over adversity for playoff-bound CCSU football
Ruud van Nistelrooy admits he was “hurt” at having to leave Manchester United last month. Van Nistelrooy returned to Old Trafford as Erik ten Hag’s assistant in the summer and had a four-game interim spell in charge following his compatriot’s sacking in October. He left the club in the wake of Ruben Amorim’s appointment but was only out of work for two weeks after being appointed Leicester’s new manager on a deal until 2027. The 48-year-old had a glittering playing career with United and was disappointed his return had to end so soon. “The moment I took over the interim job what I said was I’m here to help United and to stay to help United, and I meant it,” he said. “So I was disappointed, yeah, very much so, and it hurt I had to leave. “The only job I would take as an assistant was at United because of the bond that I have with the people in the club and the fans. “But in the end I got my head around it because I also understand the new manager. I’m in football long enough, and I’ve managed myself, that you can think of a situation, me being there, I understand. “I spoke to Ruben about it, fair enough to him, the conversation was grateful, man to man, person to person, manager to manager, and that helped a lot to move on and straightaway get into talks with new possibilities which of course lifted my spirits.” The Dutchman takes on a difficult job at the King Power Stadium as he is tasked with keeping Leicester in the Premier League. He inherits an influential dressing room, which has seen a number of managers come and go over the last few years. Ruud's here for his first press conference as our Manager 😃 — Leicester City (@LCFC) Van Nistelrooy revealed he has done his due diligence and also let the players know as well. “It’s the only way you can work. It’s mutual respect. I also mentioned to the players yesterday that I looked at the squad and started to make phone calls about players, because in football everyone knows everyone,” he said. “With two or three phone calls you hear stories about 20 players and for me it was important that you hear there are good characters there. That’s important, that there are good people there. “I look at the players how they play. I obviously don’t know them but I got general information and the individuals that they are a good bunch of people. That was important for me to get in.”
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NoneSarah Krichel Today The Tyee Sarah Krichel is The Tyee’s social media manager. URL copied to clipboard! SHARE: 68 SHARES I was nine when my family adopted Dixie. It was a couple of days before New Year’s Eve, and we were visiting relatives in Mexico. My cousin spontaneously convinced my mom into letting my sister and me check out the next-door neighbour’s dog’s new litter of puppies, and before she knew it, it was too late: we were getting a dog. Announcements, Events & more from Tyee and select partners CONTEST: Win Tickets to PuSh Festival One lucky Tyee reader will receive a pair of tickets to a show of their choice, plus a Modo gift certificate. From the two pups, we picked the sister — the one my mom annoyedly recalls wouldn’t stop barking. My cousin bought her for us for a few hundred pesos — around $60 at the time. Her tiny brown leather collar still said “Wera,” her old name, which is Mexican slang for blondie — a play on how she was an almost entirely black dog. Some of my earliest memories of Dixie include our first meal together — ice cream from a street vendor — and falling asleep together on the couch shortly after midnight on New Year’s. This past August, at almost 18 years old, Dixie could barely see or hear us standing right in front of her. Her hind legs gave in constantly while walking. And despite closing doors and placing barriers around my parents’ house, when she wasn’t sleeping, she would endlessly pace and get trapped in tight spaces. It became clear that her quality of life was in major decline, and that it may soon be time to say goodbye. Over the course of the weeks leading up to her final vet appointment, especially the last few days, I wrestled with feelings of anxiety, guilt and panic. My biggest fear of all: would I regret the decision? I had moved out of my parents’ house several years before, but I spent much of the month commuting across town to be with her. I spent every day of the last two weeks by her side, and for every waking moment of the last two days, all I could do was breathe next to her. During that final month, I took nearly a thousand photos and videos of Dixie — my iPhone kept the tally. I documented her paws wet from the rain, of her posed in the tree as my mom propped her up, of us reading The Unbearable Lightness of Being together in my childhood backyard. The last time we sat together in the yard, just before heading to the vet for the last time, I was sick to my stomach. It’s true what they say: having a dog will bring you some of the happiest days of your life, and one of the worst. Do I look at those photos of Dixie today? Barely, if ever. They make me too sad. But once she was gone, a new determination washed over me: to find every photo of her in existence. Tender moments of the author with her dog, Dixie. ‘It’s true what they say: Having a dog will bring you some of the happiest days of your life, and one of the worst.’ Photos by Sarah Krichel. Finding Dixie In the week after she died, I began scrolling through the tens of thousands of photos on my iPhone X. Wading through the endless grid of tiny thumbnails, I wanted to make a master "Dixie" album — but was quickly overwhelmed by the volume of memories. I tried the AI function that allows you to look up your “pet” by facial recognition or a name you’ve assigned it. It helped me find some old pictures — but it was neither perfect nor exhaustive. My family shared their own photos in our group chats. I had seen many of these iconic photos before but couldn’t remember if I had my own copies. I saved them all, just in case — sometimes more than once as the same treasured photos came up again and again. I planned to eventually go through the collected photos and pick the highest-quality versions. Merging duplicates and going through visually similar photos was one thing. But things were getting scattered, my device storage inching towards capacity. Some photos were saved to my phone, but didn’t get backed up to my already full iCloud account — meaning if I lost or broke my phone, the photos would be gone. I recalled one video I posted to Instagram of Dixie adorably popping her head out of a lost-socks pile. When I went to screen-record it, it wasn’t loading, and I thought it was permanently gone. It just added to the pain. Weeks later, it unexpectedly loaded again. It was an adorable video and I immediately saved it. But watching it paled in comparison to the visceral feeling in my body when I replayed the moment in my mind after thinking the video was lost. It started to set in that some be-all-end-all master album of Dixie wasn’t going to heal me. As my emotions got dark or complicated, the files remained just that: files. How to assemble a life of digital memories? I still don’t know, because I gave up on my digital hunt. RELATED STORIES How Virtual Driving Helped Me Get Free I did, however, start the journey to archive all my photos, in chronological order, month-by-month. I pulled out my one-terabyte external hard drive. I placed all my previous failed attempts in an "archived" folder so I wouldn’t lose them. I created a fresh folder, pinning it to the top. I began uploading from my iCloud, laptop and iPhone. I deleted each individual upload across devices to clean out the junk. I did this whole process slowly, intentionally and sans the existential panic that accompanied my attempt at my ultimate Dixie album. Maybe a perfect archive of my dog’s life was never the point. Because in a tsunami of digital records, my brain was focused on optimization and efficiency, pushing down the feeling that needed to be felt to process my grief healthily: a simple yet aching heartbreak over never getting to hold Dixie and her little curly paws again. Moving beyond digital ephemera The reason for my over-documentation, these days at least, feels less about remembering something or someone, and more about not letting go. Text conversations and all their related files currently take up 24 gigabytes on my laptop — that’s after having gone through and deleted many I don’t need. I still have my entire text conversation since the first day I met my partner six years ago, and I can’t get myself to delete it. I’m inclined to never delete texts from my parents. I have tons of texts and group chats with friends no longer in my life, whether because circumstances pulled us apart, or because tragedy struck. These years-old archives of everyday exchanges serve as a convenient time capsule into the past. I revisit them on occasion, whether when I’m feeling nostalgic, or on birthdays and anniversaries when my thoughts of the past linger. In those last few days with Dixie, taking photos was my way of denying her mortality through some digital version of her. Maybe by extension, I was trying to deny my own. But as I grow older, and become friendlier with grief, I’m finding a way to process it without over-indulging in tech-dependent comforts. The author with Dixie as a child, and in the final weeks of Dixie's life. Memories cascaded over Sarah in the weeks following Dixie’s death, like when she emerged out of an old pile of socks. Photos submitted by Sarah Krichel. Is this what grief looks like now? Technology has been reshaping how we experience loss for decades. In 1997, Carla Sofka, a social work professor at Siena College in New York, coined the term “ thanatechnology .” According to Sofka, the term captures “any type of technology, including digital and social media, that can be used to educate people about dying, death, grief or loss or to help people cope with these phenomena in some way.” This can absolutely include smartphone photos and videos, Sofka said. The definition has had to expand as time's gone on. When MySpace and Facebook came along in the early 2000s, there was the relatively harmless discourse around whether it was cringe or meaningful to post about a loved one’s death on social media. There was our cultural obsession with holograms, such as when a 3D Tupac stunned Coachella in 2012. Today, AI is being used to eradicate grief altogether , from feeding Chat GPT old texts from a lost loved one to simulate comforting conversations with them , to creating a more complex " digital twin .” Things feel more sinister when we use technology to defy human experiences rather than help us process them. Silicon Valley’s transhumanist Ray Kurzweil believes AI will accomplish “immortal software-based humans” by 2030. The 73-year-old hopes to supersede natural biological process and see the day when those who can afford it can “solve death.” While these attempts at eradicating grief or even death sound more upsetting to me than comforting, that doesn’t mean I’m without my own subconscious attempts at defying mortality. Still, Sofka noted: “If you hadn’t done that, you would have had to cope with the absence of something that helped you. So, who am I to judge? Who am I to say you did too much?” What I called “obsessive” photo-taking, said Sofka, simply speaks to my individual coping style. "And that’s an important thing, because I don’t think there is a right or wrong.” Organizing Digital Memories Overwhelmed by storage capacity pop-ups and the deluge of photos on your phone? Staying on top of organizing, archiving and deleting photos can be manageable. Here are some tips. Make an “Old Files” folder . Place your old attempts at organizing photos in a separate folder so you can get started afresh without getting burnt out before you begin. If you ever can’t find a photo in your new master album, you have the option to go back to the archives. Keep things chronological . In building a cataloguing system, include the month and year in the title, as well as a leading number so things stay in order. When looking for a memory, a season often helps pinpoint it, with month-to-month folders manageable to sort through. If you’re less interested in chronological organization and more in cataloguing trips, places and people, Wired explains how to make best use of various smartphones’ AI search functions. Delete excess files, a little bit at a time . Every morning, search the current date in your photos app and delete photos from that date for every year you have archived in your phone. Goodbye receipts, excess selfies and out-of-focus shots. A year down the road, your phone will be a curated album of memories. If you’re deliberating on which photos to keep and which to throw away, the New York Times’ Wirecutter has helpful tips . Accept the reality of data loss . If you end up losing some photos, either from images being corrupted, accidental deletion or the loss of a device, be comforted by the fact that you likely might not ever notice, anyways. The over-documentation generation When New York-based writer Haley Nahman’s terminally ill cat started breathing shallowly and in a panicked manner, “anxious record-keeping” kicked into full swing. Nahman sobbed in fear , and took numerous videos of the cat to send to her boyfriend, thinking it might help reveal new information. Despite her “newfound detachment from capturing every moment of note in [her] life,” she couldn’t help it. She was also aware they might be the last videos she would ever take of him. Digital photography can serve as a metaphor for the risks of technological progress, wrote Nahman. The thought first struck her when she realized she’d lost most of the photos and videos she took between 2010 and 2015 and “felt... almost nothing.” I had a similar experience in my third year of university when my laptop was stolen. The photos and videos it stored — with no online backup — went back to the first year of my undergrad. When I realized my computer, and all the memories it held, were gone, I didn’t skip a beat. It’s a lesson that could help us unlearn our long story of materiality — the idea that collecting is better than discarding, leading us to have and want more than we need. “It seems my constant documenting isn’t actually about the future, as I claim, but about the present — about quieting the neurotic voice in my head that views experience as a losing game,” wrote Nahman. “Digital photography can be extremely useful, but I wonder sometimes if it’s worth the cost. Maybe without the ability to capture life in this way, I’d have accepted that this much of life isn’t meant to be captured.” According to a report by a Boston-based software company, the average U.S. citizen takes an average of 20 photos per day. Concurrently, device storage is only expanding. The first-generation iPod, released in 2001, had a five-gigabyte capacity. By the time I got my first iPhone when I was in high school — the iPhone 4 — it had then-whopping 16-gigabyte storage. In today’s market, 128 gigabytes is the smallest storage option. And my one-terabyte hard drive — the equivalent capacity of the latest iPhone 16 Pro — holds my tens of thousands of photos, and still has 80 per cent of its space available. Much of the archiving is built into modern software, leading us to believe we don’t need to do it ourselves. Until a device bites the dust, a social media platform locks out its users, or a news outlet shuts down — leading Tyee reporter Christopher Cheung to ponder how realistic it is for journalists to archive all their work. Then there’s the ecological impact of our toxic digital habits. According to a BBC report , the carbon footprint of our gadgets and internet uploads account for about 3.7 per cent of global greenhouse emissions — similar to the amount produced by aviation globally. These emissions are predicted to double by 2025. Some companies are addressing the sentimental conundrum of having too many files by capitalizing off the cleanup. In an essay for a Verge web series that explores how the year 2004 shook the world digitally, Allison Johnson highlights how Google Photos and Apple Photos try to package your memories into reels, collages and albums, ready to purchase to print and ship to your door. “I’m a sucker for a montage of my kid and me as much as the next parent,” writes Johnson. “But it’s weird that the photos I see most are either the ones I’ve deemed worthy of the grid or the ones a computer picked because it thought I might like them.” Coping with loss is something we do until the day we die, Sofka told The Tyee. “The role of those photographs and videos and how you cope with death is going to evolve. There’s no way to predict what that’s going to be. It gives you the opportunity to decide over time what goal that technology is going to have in your continuing bonds, because we know your connection to somebody doesn’t just disappear.” But if you’re feeling anxious about how dependent you’ve become on taking photos, or whatever form of thanatechnology you are using, Sofka suggested using self-imposed limits. “Say, ‘okay, it’s important for me, for example, to get videos and pictures of my loved one. For five minutes, I’m going to document my relationship today. Then I’m going to put my phone away.'” Or, “I’m going to take 10 pictures, and I’m going to pick when I take those pictures carefully, so that I have what’s most important for me to capture.” It’s a form of mindfulness, said Sofka. “Once you do that, say, ‘Okay, I’ve done it today, I need to respect leaving my phone off.” Rather than reckoning with our memory overload, we may be choosing to revert to old practices. Take the return of the crappy point-and-shoot camera . Flea markets and online Instagram accounts are selling the same 2000s-style digital cameras I had back in middle school for hundreds of dollars. While scrolling through one of those Instagram pages, I spotted a lime-green Nikon Coolpix I had never seen before. It looked so satisfying to hold that my hand flinched. There was no price listed, but with its all-caps description of “RARE,” I feared the asking price. We as a culture appear to be craving a friction to snapping memories that provides an opportunity to make taking pictures special again, whether in the form of digital or film point-and-shoots. Anything is better than the dated aesthetic of the overly high-definition iPhone photo. Incessantly documenting experience and cataloguing it, as if a life literally depended on it, paradoxically ends up highlighting the ephemeral nature of pictures and videos. They get lost or forgotten. And when we die, we can’t take them with us. “It’s hard to say what’s lurking, forgotten in the 8,000 images in my Google Photos, because hell if I’m going through them all anytime soon,” Johnson went on . “In a way, they’re almost as elusive as those photos from 2004 I still haven’t tracked down.” Reflecting on her visceral memories of Dixie, the author came to realize a perfect archive of her dog’s life was never the point. Photo by Sarah Krichel. Returning to the present Just two weeks after Dixie died, I headed out on a vacation I’d booked months earlier to Greece. The timing was simultaneously poor and ideal. My partner and my friend purchased electronic Sim cards to access the internet on their phones, mapping us everywhere we went. This made my old phone — with no internet connection and its aged, grainy camera — essentially useless. It stayed in my backpack pretty much the entire trip. How Virtual Driving Helped Me Get Free read more During each day of the following two weeks, I easily remembered everything about the previous day, and the day before that, and the day before that — an experience I don’t often have any more working from home, but a quality I recall having back in middle school when I would come home and journal about the day. As Rebecca Seal wrote in the Guardian, when we’re not attending to an experience, we’re less likely to recall it, limiting our capacity to be creative. I still take photos on my iPhone regularly. But where there was once a panicked desire for control, there is now a confidence that I might — that I can — approach hardships in a more grounded way. Snapping photos “for the memories” shouldn’t be about mitigating a consequence or limiting the pain of loss. At least not entirely. It’s mostly just a bonus. Now if I choose not to document something in service of immersion, I see it as a win. Because when I'm truly present, I'm not concerned about forgetting. On our last morning in Greece, I woke up to a fiery sunrise from the top of the hill. I spotted birds of a species I’d never seen before. A small dog that sounded exactly like Dixie barked a couple of houses away. I didn’t take any photos that morning, but I was there. Read more: Photo Essays
Revenue grows 125% year over year Current hashrate surpasses 33.5 EH/s on track for 37 EH/s LAS VEGAS , Dec. 2, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, today reported financial results for the fiscal year ended September 30, 2024 . "Our performance this year reflects a sustained growth trajectory, solidifying our position as one of the top Bitcoin miners in the world, as we move into an anticipated new bull market," said CleanSpark CEO Zach Bradford . "Reflecting on the past year, our results in FY 2024 and the positioning of the company going into 2025 demonstrated the wisdom of our counter-cyclical growth and capital allocation strategy. We produce durable, high performing growth and have been since our earliest days in Bitcoin mining," Bradford said. "CleanSpark has prioritized owned infrastructure as its core foundation, putting us in the best position to optimize our portfolio of data centers to drive ROI to our shareholders as we continue to rapidly deploy additional hashrate on our path to 37 EH by year-end and 50 EH and beyond in 2025." "We anticipated that there would be prime opportunities for M&A paired with organic growth, and over the past year we capitalized by adding 423 MWs to our operating portfolio bringing us to 726 MW, as of today. As we continue focusing on scale in FY 2025 and beyond, we will develop the remaining hundreds of MW in the near-term pipeline while always staying opportunistic," said Bradford. "The team produced our strongest year of financial performance to date, solidifying a track record of effective execution and keeping commitments to shareholders. This fiscal year included the fourth halving event in Bitcoin 's history, and our organizational commitment to operational excellence has allowed us to weather it more successfully than many of our industry peers," said CleanSpark CFO Gary Vecchiarelli . "Even with the halving event impacting block rewards and a significant increase in difficulty, our production outpaced both, yielding approximately 7,100 BTC thanks to our growth in hashrate and the efficiency improvements to our fleet. "CleanSpark's financial strength continued to grow in fiscal 2024," said Vecchiarelli. "Heading into 2025, we have significant scale and size, a healthy balance sheet, industry leading operations and a strong liquidity position, and we are well positioned to pursue diverse capital raising strategies," Vecchiarelli said. Financial Highlights: Full Fiscal Year 2024 Financial Results for the Fiscal Year Ended September 30, 2024 . Balance Sheet Highlights as of September 30, 2024 Assets Liabilities and Stockholders' Equity The Company had working capital of $517.5 million and $66.0 million of loans payable as of September 30, 2024 . 1 See "Non-GAAP Measure" and the related reconciliation below Investor Conference Call and Webcast The Company will hold its fiscal year 2024 earnings presentation and business update for investors and analysts today, December 2, 2024 , at 1:30 p.m. PT / 4:30 p.m. ET . Webcast URL: https://investors.cleanspark.com The webcast will be accessible for at least 30 days on the Company's website and a transcript of the call will be available on the Company's website following the call. About CleanSpark CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner ® , is a market-leading, pure play bitcoin miner with a proven track record of success. We own and operate a portfolio of mining facilities across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin , energy, operational excellence and capital stewardship, we optimize our mining facilities to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by securing the most important finite, global asset – Bitcoin – positions us to prosper in an ever-changing world. Visit our website at www.cleanspark.com . Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this press release, forward-looking statements include, but may not be limited to, statements regarding the Company's expectations, beliefs, plans, intentions, and strategies. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "forecasts," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the risk that the electrical power available to our facilities does not increase as expected; the success of its digital currency mining activities; the volatile and unpredictable cycles in the emerging and evolving industries in which we operate, including the volatility of BTC prices; increasing difficulty rates for bitcoin mining; bitcoin halving; new or additional governmental regulation; the anticipated delivery dates of new miners; the Company's ability to successfully completed acquisitions, including integration risks relating to completed and potential acquisitions, the ability to successfully deploy new miners; the dependency on utility rate structures and government incentive programs; dependency on third-party power providers for expansion efforts; the expectations of future revenue growth may not be realized; and other risks described in the Company's prior press releases and in its filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in those filings. Forward-looking statements contained herein are made only as to the date of this press release, and we assume no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as required by applicable law. Non-GAAP Measure The Company presents adjusted EBITDA, which is not a measurement of financial performance under generally accepted accounting principles in the United States ("GAAP"). The Company's non-GAAP "Adjusted EBITDA" excludes (i) impacts of interest, taxes, and depreciation; (ii) the Company's share-based compensation expense, unrealized gains/losses on securities, and, changes in the fair value of contingent consideration with respect to previously completed acquisitions, all of which are non-cash items that the Company believes are not reflective of the Company's general business performance, and for which the accounting requires management judgment, and the resulting expenses could vary significantly in comparison to other companies; (iii) non-cash impairment losses related to long-lived assets (including goodwill); (iv) realized gains and losses on sales of equity securities, the amounts of which are directly related to the unrealized gains and losses that are also excluded; (v) legal fees related to litigation and various transactions, which fees management does not believe are reflective of the Company's ongoing operating activities; (vi) gains and losses on disposal of assets, the majority of which are related to obsolete or unrepairable machines that are no longer deployed; (vii) gains and losses related to discontinued operations that would not be applicable to the Company's future business activities; and (viii) severance expenses. The Company previously excluded non-cash impairment losses related to digital assets and realized gains and losses on sales of bitcoin from its calculation of adjusted EBITDA, but has determined such items are part of the Company's normal ongoing operations and will no longer be excluding them from its calculation of adjusted EBITDA. Management believes that providing this non-GAAP financial measure that excludes these items allows for meaningful comparisons between the Company's core business operating results and those of other companies, and provides the Company with an important tool for financial and operational decision making and for evaluating its own core business operating results over different periods of time. In addition to management's internal use of non-GAAP adjusted EBITDA, management believes that adjusted EBITDA is also useful to investors and analysts in comparing the Company's performance across reporting periods on a consistent basis. Management believes the foregoing to be the case even though some of the excluded items involve cash outlays and some of them recur on a regular basis (although management does not believe any of such items are normal operating expenses necessary to generate the Company's bitcoin related revenues). For example, the Company expects that share-based compensation expense, which is excluded from adjusted EBITDA, will continue to be a significant recurring expense over the coming years and is an important part of the compensation provided to certain employees, officers, and directors. Additionally, management does not consider any of the excluded items to be expenses necessary to generate the Company's bitcoin related revenue. The Company's adjusted EBITDA measure may not be directly comparable to similar measures provided by other companies in our industry, as other companies in the Company's industry may calculate non-GAAP financial results differently. The Company's adjusted EBITDA is not a measurement of financial performance under GAAP and should not be considered as an alternative to operating (loss) income or any other measure of performance derived in accordance with GAAP. Although management utilizes internally and presents adjusted EBITDA, the Company only utilizes that measure supplementally and does not consider it to be a substitute for, or superior to, the information provided by GAAP financial results. Accordingly, adjusted EBITDA is not meant to be considered in isolation of, and should be read in conjunction with, the information contained in the Company's consolidated financial statements, which have been prepared in accordance with GAAP. CLEANSPARK, INC. CONSOLIDATED BALANCE SHEETS (in thousands, except par value and share amounts) September 30, 2024 September 30, 2023 ASSETS Current assets Cash and cash equivalents $ 121,222 $ 29,215 Restricted cash 3,056 — Receivable for equity offerings — 9,590 Prepaid expense and other current assets 7,995 3,258 Bitcoin (See Note 2 and Note 6) 431,661 56,241 Receivable for bitcoin collateral (See Note 2 and Note 12) 77,827 — Note receivable from GRIID (see Note 7) 60,919 — Derivative investments 1,832 2,697 Investment in debt security, AFS, at fair value 918 726 Current assets held for sale — 445 Total current assets $ 705,430 $ 102,172 Property and equipment, net $ 869,693 $ 564,395 Operating lease right of use asset 3,263 688 Intangible assets, net 3,040 4,603 Deposits on miners and mining equipment 359,862 75,959 Other long-term asset 13,331 5,718 Goodwill 8,043 8,043 Total assets $ 1,962,662 $ 761,578 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable $ 82,992 $ 39,900 Accrued liabilities 43,874 25,677 Other current liabilities 2,240 311 Current portion of loans payable 58,781 6,992 Current liabilities held for sale — 1,175 Total current liabilities $ 187,887 $ 74,055 Long-term liabilities Operating lease liability, net of current portion 997 519 Finance lease liability, net of current portion — 9 Loans payable, net of current portion 7,176 8,911 Deferred income taxes 5,761 2,416 Total liabilities $ 201,821 $ 85,910 Commitments and contingencies - Note 18 CLEANSPARK, INC. CONSOLIDATED BALANCE SHEETS (continued) (in thousands, except par value and share amounts) September 30, 2024 September 30, 2023 Stockholders' equity Preferred stock; $0.001 par value; 10,000,000 shares authorized; Series A shares; 2,000,000 authorized; 1,750,000 issued and outstanding (liquidation preference $0.02 per share) Series X shares; 1,000,000 and 0 authorized, issued and outstanding, respectively 3 2 Common stock; $0.001 par value; 300,000,000 shares authorized; 270,897,784 and 160,184,921 shares issued and outstanding, respectively 271 160 Additional paid-in capital 2,239,367 1,009,482 Accumulated other comprehensive income 418 226 Accumulated deficit (479,218) (334,202) Total stockholders' equity 1,760,841 675,668 Total liabilities and stockholders' equity $ 1,962,662 $ 761,578 The accompanying notes are an integral part of these consolidated financial statements. CLEANSPARK, INC. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (in thousands, except per share and share amounts) For the year ended September 30, 2024 September 30, 2023 September 30, 2022 Revenues, net Bitcoin mining revenue, net $ 378,968 $ 168,121 $ 131,000 Other services revenue — 287 525 Total revenues, net $ 378,968 $ 168,408 $ 131,525 Costs and expenses Cost of revenues (exclusive of depreciation and amortization shown below) 165,516 93,580 41,234The next generation of New York City investors are already making their mark in the Big Apple. They come from big-name venture firms like Female Founders Fund and Lerer Hippeau and smaller ones like Chai Ventures. They work in areas like growth, consumer, and health. They canoe, hike, and play pickleball on the weekends. We chatted with some of the young investors — think, under 30 — who are helping to shape the future of venture capitalism in New York City. Here’s who is on the list so far. (This list will be updated periodically.) Layla Alexander — Female Founders Fund Background: Alexander, 25, first entered the industry through an internship with Cleo Capital and Harlem Capital, before landing at FFF as an investor in 2022. Why this VC is notable: She’s excited about the care economy, enterprise climate tech, and healthcare (all very buzzy — and lucrative — sectors these days). Her firm’s portfolio includes the astrology app Co-Star and model Winnie Harlow’s Cay Skin. Fun facts and interests: Her hobbies include running, reading, the sauna, and Pilates. She’s looking for founders who deeply know their market, retain users, and have research that shows their companies can scale. Talia Askowitz — Deerfield Management Background: Askowitz, 26, is a principal at Deerfield Management where she became the firm’s youngest partner at just the age of 25, according to Forbes. She previously worked at AMC Health as a business intelligence intern and was a volunteer research assistant at Mount Sinai Health Systems. Why this VC is notable: She made the Forbes 30 Under 30 list for 2025 and, according to the outlet, has helped deploy over $500 million in capital. Fun facts and interests: She co-authored three papers while at Mount Sinai Health Systems. Lori Berenberg — Bloomberg Beta Background: Berenberg, 29, worked in technical and product management roles after college until she caught the eye of Bloomberg Beta. Transitioning from product management to venture capital was a risk, but she says her background gives her a unique perspective while evaluating startups, allowing her to “bridge the gap between technical innovation and go-to-market,” she told TechCrunch. Why this VC is notable: One of the features she led while working at MongoDB as a product manager is now awaiting a patent. Fun facts and interests: Her hobbies include needlepoint and vintage fashion. She wants to back companies with the potential to be more than great. “It needs a shot at the extraordinary.” Alex Chung — Chai Ventures Background: Chung, 26, got into the venture industry through her mentor, Serena Dayal, a partner at SoftBank Vision Fund, who shared tips on how to navigate the ecosystem. “Most importantly, she imbued me with confidence,” Chung told TechCrunch. Why this VC is notable: She’s into women’s health, identifying it as an area for much potential as the sector — and its need for innovation — steps into the national spotlight. Fun facts and interests: Her hobbies include running, racquet sports, and needlepointing. Besart Çopa — Antler Background: Çopa, 27, started at Antler just this year. He previously held an internship at a16z, then started Chestr, an online shopping platform. The company closed and Copa then joined Antler. He thought about founding another startup but felt he didn’t have an idea he was passionate about, “so the second best thing was to support others who did.” Why this VC is notable: He’s a founder turned principal investor at one of the hottest accelerator programs around. “If I hadn’t chewed glass myself, I would have found it impossible to truly sympathize with the journeys of the founders I support.” Fun facts and interests: He disagrees with the industry’s seeming obsession with young founders. “Let teens be teens,” he said. “Fall in love. Watch the stars. You can still build on the side. If you have an idea you feel in your bones that it must exist, then go for it. Otherwise, you can always start a B2B SaaS [company] later.” His hobbies include reading history and painting. As a pre-seed investor, he has a founder-centric approach to investing and says he’s looking for those who are building focused solutions for niche user problems. “The more niche, the better!” Ethan Daly — Shine Capital Background: Daly, 27, started out in investment banking before moving to Shine, where he has been for the past four years. He is now a partner at the firm. Why this VC is notable: He was recently promoted to partner at Shine. Fun facts and interests: Shine Capital’s portfolio includes the collector community Flamingo and the workplace platform Notion. George Easley — Outsiders Fund Background: Easley, 29, started at Outsiders Fund in 2021 and is now a principal at the fund where he helps lead investments in sectors such as AI and robotics. He was previously a senior analyst at ICONIQ Capital, as well as held associate and analyst roles at Bridgewater and Brownson, Rehmus & Foxworth, respectively. Why this VC is notable: He made the Forbes 30 under 30 list for 2025 and, according to Forbes, he’s helped invest more than $25 million in companies such as Breedr and Cercle. Fun Facts and Interests: According to his LinkedIn, he studied history and geography at Dartmouth, where he played both tennis and table tennis. Marina Girgis — Precursor VC Background: Girgis, 29, started out on the finance side, researching data and semiconductors. She loved learning about emerging tech but said she wanted to have more of a direct impact on the companies she researched, so she pivoted and has since become quite bullish on investing in companies at the pre-seed stage. “I chose to become a generalist and invest at the earliest stage possible, idea-stage companies, so I could get to know the people behind the companies and witness their transformation from the very beginning,” she told TechCrunch. Why this VC is notable: Known for her knack at picking pre-seed companies, like AI security startup Edera , and for moving fast to make the end-to-end investment process feel seamless. Fun facts and interests: Her outside hobbies include jigsaw puzzles and reading murder mysteries. One thing she would like to see change in the industry is rigid thinking on what type of founders to back. “There are no hard and fast rules in venture,” she said, adding that anyone can fail regardless of background. “You should learn from your past experiences as an investor, but my hope is to stay open-minded.” Laura Hamilton — Notable Capital Background: Hamilton, 26, has been an investor at Notable Capital since 2023. She got her start in the industry by sending many cold emails and making cold calls to alumni. She landed her first VC job by applying cold on LinkedIn, “proving the hustle strategy works,” she told TechCrunch. Why this VC is notable: At Notable, she’s focusing on data, cloud infrastructure, developer tools, and cybersecurity. “Right now, I’m especially interested in agent infrastructure,” and she is looking to back more founders with deep passion and purpose. Fun facts and interests: Her hobbies include hosting a podcast called Partner Path, where she dives into the success stories of rising investors and founders. She also helps run FemBuild Collective, a community for female engineers and technical founders in the City. Emily Herrera — Slow Ventures Background: Herrera, 25, is an investor at Slow Ventures, whose portfolio includes delivery service Postmates, women’s footwear brand Birdies, and the social app Citizen. She previously worked at Night Ventures and specializes in consumer investing and the creator economy. Why this VC is notable: Her forward-thinking approach to creator economy investing came as others were still pondering the sector’s impact. Fun facts and interests: She has a long history in venture, interning everywhere from Harlem Capital to Dorm Room Fund. Fast Company hailed her as one of the “savviest creator economy investors” in 2022 for her work at Night Ventures, which backed companies such as influencer marketing platform Pearpop and NFT app Zora. Bryce Johnson — Primary Venture Partners Background : Johnson, 25, spent time working in software and product at Big Tech. He heard Josh Wolfe from Lux Capital speak at an event one year and became fixated on the idea of early-stage investing. He pivoted to management consulting and used that network to land an analyst role at Primary. Why this VC is notable: One of the only junior VCs at his firm, he is known for being an advocate for diversity within VC. Fun facts and interests: He loves classical music and backpacked Southeast Asia last summer. For work, his focus is in healthcare, consumer, SMB tech, and vertical SaaS. Bradford Jones — SignalFire Background: Bradford, 28, is a principal at SignalFire. Before that, he was an investor at Insight Partners. Why this VC is notable: He made the Forbes 30 under 30 list in 2025 and Forbes reports that he leads SignalFire’s NYC office, where he focuses on the intersection of applied AI and SaaS, helping lead investments into companies like Tofy and Shade. Fun Facts and Interests: According to his Linkedin, he played D-1 football at the University of Michigan Will McKelvey — Lerer Hippeau Background: McKelvey, 29, partnered with a few classmates and raised a fund to start backing startups while attending UC Berkeley. After graduation, he moved to New York and joined Lerer Hippeau. Why this VC is notable: Launched a student venture fund at Berkeley that is still making investments. Fun facts and interests: One thing he would like to change about the industry is the amount of ego and arrogance that persists, which can cause investors to miss out on opportunities and talent. “Many VCs have always been the star student, went to the fancy schools, and got the fancy job, so they misguidedly carry that attitude into this role,” he continued. “This industry could use a heavy dose of humility.” His hobbies include softball, basketball, and beach volleyball. He wants to know two things from the founders who pitch him. “What is the insight you have that everyone else is missing, and how did you unearth it?” he said. “What is driving you to take on the titanic effort of building a company from scratch?” Mason Murray — NEA Background: Murray, 28, joined the firm after a brief career in investment banking. He’s mostly a generalist but focuses on software companies selling to businesses or consumers. Why this VC is notable: Unprompted, three people on this list asked to make sure he was included. According to NEA’s website , he has made six investments, including in the newsletter company beehiiv and AI video company Tweleve Labs. Fun facts and interests: He joined the firm after a brief career in investment banking. He’s mostly a generalist but focuses on software companies selling to businesses or consumers. He’s bullish on AI and wouldn’t mind seeing more AI founders coming to New York. “We have talent, customers, capital, and great academic institutions,” he told TechCrunch. “I’m bullish on New York.” In his personal life, he’s a hobby collector, musician, singer, and amateur cook. In his professional life, he’s looking for founders with a clear vision on how the world can be different, “paired with a precise hypothesis on what it takes to get there.” Zehra Naqvi — Headline Ventures Background: Naqvi, 25, worked at a few consumer startups before officially becoming an investor for Headline last year. Why this VC is notable: She’s known around town for her popular venture capital newsletter No GPs Allowed , which offers networking opportunities to investors around New York. Fun facts and interests: She loves being an investor and says even though the market is down in the consumer sector right now, “history has proven time and time again that now is the best time to double down on investing in the future of consumers,” she told TechCrunch. “Be a contrarian.” Her hobbies include going to art galleries, traveling, playing tennis, and watching movies (she’s an AMC Stubs member). She’s looking for founders in the consumer space, in both tech and consumer packaged goods, between pre-seed and Series A. David Ongchoco — Comma Capital Background: Ongchoco, 28, has a background in tech, sales, and investing, working for places like Dorm Room Fund, interning at Learn Capital, and working in sales and growth at Amplitude and Rutter. Why this VC is notable: Ongchoco is a co-founder of Comma Capital, which invests at the pre-seed and seed stages. Fun facts and interests: He, alongside his co-founder Adarsh Bhatt, made Forbes’ 30 Under 30 this year for their work in venture capital. Comma has backed more than 50 companies to date, some of which have gone on to be acquired by companies like Stripe and Airtable. Will Robbins — Contrary Background: Robbins, 27, is a general partner at Contrary. According to his LinkedIn, he previously worked for various tech companies doing machine learning and held general roles at startups. Why this VC is notable: He made the Forbes 30 Under 30 list for 2025, with the outlet reporting that he has helped raise four funds worth millions. Investments include the unicorn Zepto and Alloy Automation. Fun Facts and Interests: Forbes also says he helps provide startup opportunities to underrepresented youth. Michael Shepard — Insight Partners Background: Shepherd, 29, is a principal at Insight Partners. Before that, he held roles at iCapital Network and Levine Leitchman Capital Partners. Why this VC is notable: He made the Forbes 30 Under 30 list for 2025 and worked his way up from an intern at Insight Partners to a partner. He focuses on SaaS in Europe and North America, with investments including Kabal and Colab. Fun facts and interests: His LinkedIn says he is the founder of the startup Lagom.io which creates homepages for browsers. Alexandra Sukin — Bessemer Venture Partners Background: Sukin, 27, got her start in the industry while at Harvard, where she was involved with various on-campus activities like Harvard Ventures and was a founding member of the VC firm Contrary Capital. After graduating, she joined Bessemer. Why this VC is notable: She’s a vice president at Bessemer, and her investments include the fintech Truebill (acquired by Rocket Technologies) and enterprise companies Unito, Rewind, and Contractbook. Fun facts and interests: Her hobbies include hiking and skiing, and she loves spending time out West, as her father’s side of the family is from Montana and Colorado. “While I’m investing a lot these days in vertical and SMB software, I am also really excited about AI enabling a wave of consumer companies,” she said. Mark Xu — Lightspeed Venture Partners Background: Xu, 24, is a partner at Lightspeed Venture Partners, whose investments, according to his LinkedIn, include Glean, Stripe, Wiz, and Anduril. Why this VC is notable: One of the youngest to ever be promoted to partner at Lightspeed Ventures. Fun facts and interests: Attended the Juilliard School for the violin before heading to Harvard University to study math. Had a background in business development and investment banking before joining Lightspeed Ventures. Claire Zau — GSV Ventures Background: Zau, 27, is one of the youngest investors ever to become a partner at GSV, where she helps lead AI investments, according to Forbes. She previously held internships at Red & Blue Ventures, Julius Bear, and Baring Private Equity Asia. Why this VC is notable: She made the Forbes 30 under 30 list for 2025 with investments including Pace AI, Magic School, and Paloma. Fun facts and interest: She has an AI newsletter called “GSV: AI & Education” that has more than 6,000 subscribers. Vincent Zhu — General Catalyst Background: Zhu, 25, is an early-stage investor at General Catalyst and, according to his LinkedIn, loves working with founders “building for the digitally native generation.” Why this VC is notable: He’s made a name for himself around town, hosting events and helping founders get intros. Fun facts and interests: After college, he worked as an analyst at Goldman Sachs before joining General Catalyst two years ago. The firm’s portfolio includes Stripe, Canva, and Warby Parker. This piece was updated to reflect Mason Murray’s most recent investments.
It seems counterintuitive and contradictory to think of an intellectual foundation behind United States President-elect Donald J Trump when he is professedly unintellectual, even anti-intellectual. But make no mistake. Mr Trump is merely a phenomenon. Understanding it reveals his worldview and consequent policy prospects. But doing so requires seeing the Trump phenomenon as it is rather than why and how it is detested by countless millions of us. Indeed, the biggest difficulty when analysing Mr Trump and his second administration is the global disdain he elicits. To be sure, Mr Trump represents a political movement that has been gestating in American politics for several decades. Tellingly, at the Republican Party primaries in 1992, candidate Patrick Buchanan advocated similar positions as compared to Mr Trump against immigration, multiculturalism, abortion, American imperialism, and an excessively regulated state. Proponents of this anti-establishment and insular line of thinking demanded a different socio-political order at home and an alternative paradigm abroad that must no longer be determined by the post-Second World War structure but a post-Cold War reality. To them, after having successfully fought global conflicts on two continents in the 1940s and won the Cold War in the following four decades, an exhausted and overstretched America should come home to repair and recover the domestic front. Underpinning this strand of relative isolationism and abandonment of American imperialism, and disengagement from international obligations is nativism at home. This nativist outlook was fundamentally supportive of social conservatism and opposed to illegal immigration, not xenophobia per se, but a cap on immigrant inflows consistent, for example, with the quota-driven Immigration Act of 1924, which was overturned in 1965, thereby opening the floodgates to non-American outsiders, especially from next-door Mexico and other Latin American countries to the south. By 2004, the famous Harvard political scientist Samuel P Huntington conceptualised and codified this simmering nativism into a book entitled Who Are We?: The Challenges to America's National Identity. More famous for his Clash of Civilizations thesis, Huntington's last book before he passed is less mentioned due to its xenophobic undertones and cultural bias towards Americans who were White Anglo-Saxon Protestant (WASP) -- referred to as "Anglo-Protestant". Yet it is the intellectual basis of sorts behind the movement that has enabled Mr Trump's rise. America was set up by English settlers and should, therefore, not become dominated by an immigrant majority from Mexico and other countries. From the fringe of the Republican Party, nativism has taken 30-odd years to move towards front and centre, spearheaded by an anti-intellectual president who is despised and deplored by establishment centrists and liberals but who sees it as a self-correcting catharsis for national renewal and rejuvenation. Accordingly, Mr Trump's nativist leanings at home and rejection of the established rules-based liberal international order will likely lead to a policy projection abroad pivoting around trade protectionism and economic nationalism on the one hand and relative withdrawal with conditional engagement in foreign and security policy on the other. In practice, this means international trade on America's terms and a strong military that will no longer be the world's policeman. Partners and allies will need to pull their weight as the US's priorities shift wholesale to reclaiming the greatness it lost since the end of the Cold War. By the same logic, rivals and competitors will be confronted and pushed back for having taken advantage of America's post-Cold War weakness when hyper-globalisation and international economic integration allowed them to ascend and challenge American supremacy in an effort to eclipse it. Coming to grips with Trump II requires taking the Trump mantra of "Making America Great Again" seriously and literally. The questions that will frame US economic and security policy prospects will be based on the MAGA mindset: What was America's greatness like? Why, when and how it has been lost? And how to get it back? Trump II's answers to these questions can already be anticipated. Clearly, such greatness existed in the past, perhaps around the 1950s and the end of the Cold War when American primacy was unchallenged. It was somehow eroded and lost in the post-Cold War period. Getting it back means bringing others down while America relatively goes up. The international system, with its rules-based liberal order, has drained American resources. Allies are free-riders, as Trump II thinking goes, that are often geoeconomic competitors while they benefit geopolitically from US support and largess. Economic partners have gained substantially from access to the US's huge market to become major economies in their own right. To regain greatness, the international political and economic system needs to be revamped so that it is rebalanced in America's favour. This is why China will be the top target of Trump II's wrath because the Trump movement views China as a challenger of the worst kind, which has stolen US technology and ripped off Americans by attracting factories and jobs that used to belong to them. China has done all that so shrewdly that it is on the cusp of surpassing the US in economic size and technological prowess. We can, therefore, expect US industrial policies under the outgoing government of President Joe Biden to become outright mercantilism with direct export subsidies, import quotas, and wide-ranging tariffs. Trump II is likely to proceed with its pre-election tariff threats of 60% against Chinese imports and 20% on goods from other countries, not to mention the pledge to levy upwards of 200% duties on imported electric vehicles. Although it might not come up overnight and perhaps not as high as feared, the Trump II tariff wall will be erected to a height not seen in recent memory. That Mr Trump is despised worldwide is natural because he is fundamentally anti-establishment, both at home and abroad. In US domestic politics, he is contesting American national identity that is being overwhelmed by continuous waves of immigration from Mexico and other Latin American countries. Internationally, Mr Trump is against the established institutional architecture of power, how authority has been exercised, and by whom. He is the antithesis of our understanding of the international system and how it works because he wants to cleanse it in the US's favour. That he won the US presidential poll in 2016 and again eight years later with an even more decisive margin should behove outsiders to be aware that people in America want to change at home and abroad. Thitinan Pongsudhirak, on leave from Chulalongkorn University's Faculty of Political Science, is a visiting professor at the London School of Economics.
PALO ALTO, Calif. , Nov. 25, 2024 /PRNewswire/ -- AKOOL, Inc., the global leader in generative AI video, is excited to announce its strategic partnership with Immerso AI, a wholly owned subsidiary of Eros Digital, the largest producer and distributor of Bollywood content worldwide. This partnership aims to transform the digital immersion and video markets through cutting-edge AI technologies, merging Immerso AI's extensive digital IP content libraries with AKOOL's generative AI expertise. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
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Kendrick Lamar “wacced out murals” Lyric BreakdownWorkaholic Provincial duo and Ben Fulford have gained their highest representative honours after being selected for Victoria Country. or signup to continue reading The pair will contest the Australian Country Championships in South Australia's Barossa Valley from January 3-10. "It means a lot, I've put in a lot of effort over the last couple of years to take my game to the next level," Lavington captain Galvin explained. The 27-year-old and Fulford, 30, both represented Riverina in the recent NSW Country Championships. "It's a reward for some hard work, individually been putting in a lot of effort," Fulford offered. CAW players can represent either NSW or Vic Country given the association's affiliation with both states and Galvin outlined last month his desire to play for his home state of NSW. Wicketkeeper-batter Fulford has 246 runs at 49.2 after CAW's first six rounds, while Galvin has 209 at 41.8, starting in style with a century. Galvin is also a crafty right-arm medium-pacer, but Lavington's lethal pace attack, spearheaded by Riverina stars Ryan Brown and Luke Docherty, means he has bowled only five overs. The pair works incredibly hard and both have teamed up with association gun Matt Condon. "He fixed me up technically and since then it's shifted to mindset and how I approach my batting and how I can get into a really good place in my innings," left-handed top order bat Galvin revealed. "My hands and my bat lift needed some work and I was struggling to access different parts of the ground but through a few tweaks; basically it all starts with the set-up, once you fix that it helps everything else." Fulford is a North teammate of Condon. "Condo's been a big help, understanding the game, we've all got ability but to understand the game and know when we can take it away from a team and knowing when to absorb the pressure," he outlined. "You can't pump up his tyres too much (laughs), but he's an absolute legend of a bloke, a wonderful cricketer and wonderful coach." DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement AdvertisementAR not joining other parties in ECN legal challenge, considers own optionsRepublicans love to jump up and down, rant, work the ref, and bully Democrats whenever they can use it to their advantage. The prosecution of Hunter Biden is a case where a plea deal blew up and the U.S. Department of Justice was forced into putting him on trial due to political pressure. The charges that Hunter Biden faced were mild compared to those faced by Donald Trump. When Trump left office, he pardoned Roger Stone, Steve Bannon, Michael Flynn, Paul Manafort, his sycophants, and Ivanka’s father-in-law, now U.S. Ambassador to France nominee Charles Kushner. Trump has vowed to pardon the Jan. 6 rioters, who injured police officers. No complaints from the Republicans. The rule of law, prosecutors, judges, grand juries, juries, and convictions mean nothing to Republicans if Trump is the defendant and can libel the whole process. And forget about defending police officers. Trump has nominated Kash Patel to head the FBI, and Republican senators will choke down their vomit to confirm him. His priority will be to go after all of Trump’s enemies. Biden should protect the rule of law before leaving office by pardoning those at risk from Trump’s wrath. Let the Republicans howl. George Magakis Jr., Norristown, PA
The main opposition Democratic Party of Korea slashed the government budget for next year and passed the reduced budget unilaterally through the Special Budget Settlement Committee. The party, which has a majority in the National Assembly, is also pushing to impeach chair of the Board of Audit and Inspection and senior prosecutors. It seems determined to disturb the government. The budget the majority party passed through the committee amid a ruling party boycott Friday reflects only reductions that it wants. The original government budget of 677.4 trillion won ($485 billion) was curtailed by 4.1 trillion won. It is the first time in the history of Korea’s constitutional governance that a budget bill was processed without bipartisan agreement in the budget committee. The party removed special activity expenses for the presidential office and the National Security Office, specific work and special activity expenses for the prosecution and the Board of Audit and Inspection, and special activity expenses for the police. The expenses are related to activities that require secrecy such as intelligence gathering, narcotics trafficking investigation and probes related to national security. Setbacks in these offices' investigations will be inevitable. The Assembly has so far acknowledged budgets for such activities undisclosed to the public. But the party abruptly removed all of them, citing the possibility of abuse. It is tantamount to revenge for indicting its leader, Rep. Lee Jae-myung, and auditing irregularities committed under the previous Moon Jae-in administration. The government’s reserve fund of 4.8 trillion won was halved to 2.4 trillion won. The fund is used to pay for responses not only to natural disasters but also to economic crises. It cut 50.5 billion won the government had demanded for a drilling operation to uncover potential gas and oil reserves in the East Sea to 800 million won. Constitutionally, the National Assembly must get consent from the government to increase the budget, but to reduce it, governmental agreement is not necessary. The Democratic Party used this rule to slash the budget. The party even gave up on increasing budgets for programs that it is interested in. The Democratic Party is also pushing an impeachment drive. It reportedly plans to put to a vote in the Assembly plenary session tomorrow its bills to impeach Choe Jae-hae, chair of the Board of Audit and Inspection, and Lee Chang-soo, chief law enforcement officer of the Seoul Central District Prosecutors’ Office, and two other senior prosecutors of the office. If the party pushes these bills through, the total number of high-ranking officials it will have impeached will rise to 18. If the chief prosecutor of Seoul District is suspended, it will hamper not only the cases against Lee, but also those involving other individuals. The party cites several reasons for pushing to impeach Choe, but they are just formalities. If the BAI head is impeached, it would be the first time for the top post to be vacated. The inspection of government agencies will likely run into problems. The main opposition party's push to impeach the BAI head appears to be an act of political retaliation. The board has audited allegations related to Moon’s major policies: that government statistics were manipulated, that the deployment of the Terminal High Altitude Area Defense missile system was intentionally delayed, and that data was manipulated to decommission the Wolseong nuclear power plant. Even if the Assembly approves impeachment bills against Choe and three prosecutors, the chances are slim that the Constitutional Court will uphold the impeachments. Earlier, the court rejected impeachment bills presented by the party against Interior and Safety Minister Lee Sang-min and two prosecutors. And yet the party continues its impeachment drive, apparently to disrupt the government. The party is said to be toying with the idea of impeaching Defense Minister Kim Yong-hyun and recommending the dismissal of Agriculture, Food and Rural Affairs Minister Song Mi-ryung. It seems to be opportunistically eyeing the fall of the Yoon government. The government does not only belong to Lee and his party. They should stop trying to disturb the government.ST. SIMONS ISLAND, Ga. (AP) — PGA Tour rookie Patrick Fishburn played bogey-free for an 8-under 64 for his first lead after any round. Joel Dahmen was 10 shots behind and had a bigger cause for celebration Friday in the RSM Classic. Read this article for free: Already have an account? To continue reading, please subscribe: * ST. SIMONS ISLAND, Ga. (AP) — PGA Tour rookie Patrick Fishburn played bogey-free for an 8-under 64 for his first lead after any round. Joel Dahmen was 10 shots behind and had a bigger cause for celebration Friday in the RSM Classic. Read unlimited articles for free today: Already have an account? ST. SIMONS ISLAND, Ga. (AP) — PGA Tour rookie Patrick Fishburn played bogey-free for an 8-under 64 for his first lead after any round. Joel Dahmen was 10 shots behind and had a bigger cause for celebration Friday in the RSM Classic. Dahmen made a 5-foot par putt on his final hole for a 2-under 68 in tough conditions brought on by the wind and cold, allowing him to make the cut on the number and get two more days to secure his PGA Tour card for next year. He is No. 124 in the FedEx Cup. “I still got more to write this weekend for sure,” said Dahmen, who recently had said his story is not yet over. “But without having the opportunity to play this weekend, my story would be a lot shorter this year.” Fishburn took advantage of being on the easier Plantation course, with trees blocking the brunt of the wind and two additional par 5s. He also was helped by Maverick McNealy, who opened with a 62 on the tougher Seaside course, making two bogeys late in his round and having to settle for a 70. Fishburn, who already has locked up his card for next year, was at 11-under 131 and led McNealy and Lee Hodges (63) going into the weekend. Michael Thorbjornsen had a 69 and was the only player who had to face Seaside on Friday who was among the top five. What mattered on this day, however, was far down the leaderboard. The RSM Classic is the final tournament of the PGA Tour season, and only the top 125 in the FedEx Cup have full status in 2025. That’s more critical than ever with the tour only taking the top 100 for full cards after next season. Players like Dahmen will need full status to get as many playing opportunities as they can. That explains why he felt so much pressure on a Friday. He didn’t make a bogey after his opening hole and was battling temperatures in the low 50s that felt even colder with the wind ripping off the Atlantic waters of St. Simons Sound. He made a key birdie on the 14th, hitting a 4-iron for his second shot on the 424-yard hole. Dahmen also hit wedge to 2 feet on the 16th that put him on the cut line, and from the 18th fairway, he was safely on the green some 40 feet away. But he lagged woefully short, leaving himself a testy 5-footer with his job on the line. “It was a great putt. I was very nervous,” Dahmen said. “But there’s still work to do. It wasn’t the game-winner, it was like the half-court shot to get us to halftime. But without that, and the way I played today, I wouldn’t have anything this weekend.” His playing partners weren’t so fortunate. The tour put three in danger of losing their cards in the same group — Zac Blair (No. 123), Dahmen and Wesley Bryan (No. 125). The cut was at 1-under 141. Blair and Bryan came to the 18th hole needing birdie to be assured of making the cut and both narrowly missed. Now they have to wait to see if anyone passes them, which is typically the case. Thorbjornsen in a tie for fourth and Daniel Berger (66 at Plantation) in a tie for 17th both were projected to move into the top 125. Dahmen, indeed, still has work to do. Fishburn gets a weekend to see if he can end his rookie year with a win. “I’ve had a lot of experience playing in cold growing up in Utah, playing this time of year, kind of get used to playing when the body’s not moving very well and you’ve got to move your hands,” said Fishburn, who played college golf at BYU. “Just pretty happy with how I played.” Ludvig Aberg, the defending champion and No. 5 player in the world competing for the first time in more than two months because of knee surgery, bounced back with a 64 on Plantation and was back in the mix. Aberg played with Luke Clanton, the Florida State sophomore who looks like he belongs each week. Clanton, the No. 1 player in the world amateur ranking who received a sponsor exemption, had a 65 at Plantation and was two shots off the lead. Clanton already has a runner-up and two other top 10s since June. “Playing with him, it’s pretty awesome to watch,” Clanton said. “We were kind of fanboying a little it. I know he’s a really good dude but to be playing with him and to see what he’s done over the last couple years, it’s pretty inspirational.” ___ AP golf: https://apnews.com/hub/golf Advertisement Advertisement
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Keeping the Peace: Talking Politics in the WorkplaceAKRON, Ohio , Dec. 10, 2024 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it will hold its annual general meeting of shareholders at 428 South Seiberling Street, Akron, Ohio , US on January 7, 2025 at 10:00 a.m., New York time. Holders of record of ordinary shares and Class A preference shares of the Company at the close of business on December 20, 2024 , New York time (the "Record Date") are entitled to receive notice of, and to attend and vote at, the annual general meeting or any adjournment thereof. Holders of the Company's American Depositary Shares ("ADSs") who wish to exercise their voting rights for the underlying ordinary shares must act through the depositary of the Company's ADS program, Deutsche Bank Trust Company Americas. The notice of the annual general meeting, which sets forth the resolutions to be submitted to shareholder approval at the annual general meeting is available on the Investor Relations section of the Company's website at https://ir.btcm.group . The Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC") on May 15, 2024 . Shareholders may obtain a copy of the Company's annual report, free of charge, from the Company's website at https://ir.btcm.group and on the SEC's website at www.sec.gov , or by contacting BIT Mining Limited at 428 South Seiberling Street, Akron, Ohio , US, attention: Victor He , telephone: +1 (330) 676-2680, email: ir@btcm.group . About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company with operations in cryptocurrency mining, data center operation and mining machine manufacturing. The Company is strategically creating long-term value across the industry with its cryptocurrency ecosystem. Anchored by its cost-efficient data centers that strengthen its profitability with steady cash flow, the Company also conducts self-mining operations that enhance its marketplace resilience by leveraging self-developed and purchased mining machines to seamlessly adapt to dynamic cryptocurrency pricing. The Company also owns 7-nanometer BTC chips and has strong capabilities in the development of LTC/ DOGE miners and ETC miners. Safe Harbor Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law. For more information: BIT Mining Limited ir@btcm.group ir.btcm.group www.btcm.group Piacente Financial Communications Victor He Tel: +1 (330) 676-2680 Email: BITMining@thepiacentegroup.com View original content: https://www.prnewswire.com/news-releases/bit-mining-limited-to-hold-annual-general-meeting-on-january-7-2025-302327447.html SOURCE BIT Mining Limited
Pay first, deliver later: Some women are being asked to prepay for their babyWith two months left in his term, O’Malley’s effort to fix the system has made inroads but remains a work in progress.Dom Amore: Dan Toatley has triumphed over adversity for playoff-bound CCSU football
Ruud van Nistelrooy admits he was “hurt” at having to leave Manchester United last month. Van Nistelrooy returned to Old Trafford as Erik ten Hag’s assistant in the summer and had a four-game interim spell in charge following his compatriot’s sacking in October. He left the club in the wake of Ruben Amorim’s appointment but was only out of work for two weeks after being appointed Leicester’s new manager on a deal until 2027. The 48-year-old had a glittering playing career with United and was disappointed his return had to end so soon. “The moment I took over the interim job what I said was I’m here to help United and to stay to help United, and I meant it,” he said. “So I was disappointed, yeah, very much so, and it hurt I had to leave. “The only job I would take as an assistant was at United because of the bond that I have with the people in the club and the fans. “But in the end I got my head around it because I also understand the new manager. I’m in football long enough, and I’ve managed myself, that you can think of a situation, me being there, I understand. “I spoke to Ruben about it, fair enough to him, the conversation was grateful, man to man, person to person, manager to manager, and that helped a lot to move on and straightaway get into talks with new possibilities which of course lifted my spirits.” The Dutchman takes on a difficult job at the King Power Stadium as he is tasked with keeping Leicester in the Premier League. He inherits an influential dressing room, which has seen a number of managers come and go over the last few years. Ruud's here for his first press conference as our Manager 😃 — Leicester City (@LCFC) Van Nistelrooy revealed he has done his due diligence and also let the players know as well. “It’s the only way you can work. It’s mutual respect. I also mentioned to the players yesterday that I looked at the squad and started to make phone calls about players, because in football everyone knows everyone,” he said. “With two or three phone calls you hear stories about 20 players and for me it was important that you hear there are good characters there. That’s important, that there are good people there. “I look at the players how they play. I obviously don’t know them but I got general information and the individuals that they are a good bunch of people. That was important for me to get in.”
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