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MARKET REPORT: ITV shares surge as it's targeted for takeover By HUGO DUNCAN Updated: 22:01, 25 November 2024 e-mail View comments Shares in ITV jumped on reports it has become a takeover target. The stock rose 8.6 per cent, or 5.65p, to 71.15p though it remains down more than 70 per cent since its peak almost a decade ago. The business, which is home to shows including Coronation Street and Love Island, and whose production arm ITV Studios is behind recent hits such as Rivals for Disney+, is now valued at £2.5billion. Shares have been dragged down in recent years by worries over advertising spend and the profitability of its streaming service ITV X. This has prompted speculation that the company could be sold or broken up, with its Studios production arm split off from the broadcasting division. Over the weekend, Sky News said private equity giant CVC Capital Partners was interested in a deal. The report said CVC was planning to team up with a European broadcaster such as France’s Groupe TF1, and the pair would then split the company with CVC taking on Studios and the broadcasting arm going to TF1. Takeover target: ITV, whose production arm ITV Studios is behind recent hits such as Rivals for Disney+, is now valued at £2.5bn All3Media, owned by RedBird Capital, and Mediawan, backed by the private equity giant KKR, were also said to be interested in ITV Studios. Global stock markets edged higher and US borrowing costs fell as investors welcomed Donald Trump’s decision to pick fund manager Scott Bessent to be US Treasury Secretary when he returns to the White House. Jefferies economist Mohit Kumar described Bessent as ‘pro-growth but also fiscally conservative’, adding: ‘Trump’s pick supports our view that concerns of massive fiscal expansion under Trump are exaggerated.’ The FTSE 100 inched up 0.4 per cent, or 29.6p, to 8291.68 and the FTSE 250 advanced 0.8 per cent, or 167.57 points, to 20749.26. JD Sports shares surged 10 per cent, or 9.34p, to 102.8p after analysts at Deutsche Bank raised their rating on the self-styled ‘King of Trainers’ from ‘sell’ to ‘hold’ – a sign that they believe the stock has fallen far enough. RELATED ARTICLES Previous 1 Next The loss of ITV's independence would be a blow to creative... Backlash grows over failure on business rates as Kingfisher... Share this article Share HOW THIS IS MONEY CAN HELP How to choose the best (and cheapest) stocks and shares Isa and the right DIY investing account JD fell more than 15 per cent in a single session last week as it warned it may not hit the £1billion profit milestone this year due to weaker-than-expected trading. Even after yesterday’s mini-recovery, the shares are down nearly 40 per cent since mid-September. And while the Deutsche upgrade was welcome, UBS analysts cut their price target for the stock to 155p from 178p. Mining giant Anglo American has completed the first stage of its break-up with the £3billion sale of its Australian coal business to American firm Peabody Energy. The deal is part of a major restructuring plan launched after the London-listed firm fought off a £39billion takeover attempt from rival BHP (up 0.4 per cent, or 9p, to 2086p) earlier this year. Anglo shares added 1.4 per cent, or 32p, to 2391p Pest control group Rentokil Initial shares rose 1.5 per cent, or 6.2p, to 412.9p after the appointment former Flutter executive Paul Edgecliffe-Johnson as chief financial officer. Pharma giant AstraZeneca posted upbeat data from a trail of its cancer drug Truqap. Shares were flat at 10474p. Stock Watch - Benchmark Holdings Shares in Benchmark Holdings jumped 6.7 per cent, or 2.35p, to 37.7p after selling its genetics business for £260million. The company, which specialises in the breeding and harvesting of fish and shellfish, said Novo Holdings will pay £230million upfront plus £30million in future depending on performance. Novo Holdings is the controlling shareholder in Ozempic-maker Novo Nordisk. Benchmark plans to focus on its advanced nutrition and health interests. 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We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence. More top storiesWest Ham surprise Newcastle with 2-0 away win
KYIV, (Ukraine): Ukraine on Thursday accused Russia of having deployed a ballistic missile designed to carry nuclear warheads for the first time in history which, if confirmed, would be a major escalation of the war. Ukrainian allies have yet to confirm initial assessments from Kyiv’s military that Russia had launched an intercontinental ballistic missile (ICBM). The Kremlin has not denied it used the weapon, which can strike targets from a distance of thousands of kilometres, spokesman Dmitri Peskov refusing to comment when questioned. The Ukrainian air force said Moscow had launched the nuclear-capable missile as part of a barrage towards the central city of Dnipro, where local authorities said an infrastructure facility was hit and two civilians were wounded. Ukrainian President Volodymyr Zelensky said experts were examining evidence before confirming an intercontinental ballistic missile had been fired by “our crazy neighbour”. He said that the attack bore “all the characteristics” of an ICBM attack and accused the Kremlin of “using Ukraine as a testing ground”. Ukraine’s foreign ministry spokesman said analysts were preparing their “expert conclusions” while adding that the attack bore “all flight characteristics of an ICBM”. “The strike itself proves: Russia does not seek peace. To the contrary, it makes every effort to expand the war,” spokesman Georgiy Tykhy said in a statement on social media. The attack on Dnipro comes just days after several foreign embassies shuttered temporarily in the Ukrainian capital, citing the threat of a large-scale strike. Tension has been building between Moscow and Kyiv’s allies in the West since Ukrainian forces struck Russian territory with Western-supplied long-range weapons on Tuesday after getting the green light from Washington. Asked whether Moscow had fired an ICBM, Kremlin spokesman Peskov said he had “nothing to say on this topic”. He did however say the Kremlin was doing everything to avoid a nuclear conflict, having updated its nuclear doctrine this week. “We have stressed in the context of our doctrine that Russia is taking a responsible position to make maximum effort not to allow such a conflict,” Peskov said. Russia’s foreign ministry spokeswoman received a phone call during a live press briefing, in which she was ordered not to comment on reports of the ballistic strike, video showed. Yuzhmash is the Russian name of an aerospace manufacturer — now called Pivdenmash — in Dnipro that produced missiles during the Soviet era and is reported now to make satellites. Russia claimed to have struck the facility in September this year. Western countries reacted with alarm. “While we’re assessing the full facts it’s obvious that such (an) attack would mark yet another clear escalation from the side of (Vladimir) Putin,” European Union foreign affairs spokesman Peter Stano told reporters. The United Kingdom said the strike would be “reckless and escalatory” if confirmed. France said it would represent an “extremely serious” incident. Ukraine’s air force said it had downed missiles launched on the industrial city, without elaborating on whether the alleged intercontinental ballistic missile (ICBM) was among those downed. The head of the Dnipropetrovsk region where the city of Dnipro is located said the Russian aerial bombardment damaged a rehabilitation centre and several homes, as well as an industrial enterprise. “Two people were wounded — a 57-year-old man was treated on the scene and a 42-year-old woman was hospitalised,” said the official, Sergiy Lysak. Fabian Hoffmann, a research fellow at the University of Oslo, who specialises in missile technology, said Russia had nothing to gain militarily by using an ICBM in such an attack. “This is all about the political effect. This is not about the military value,” Hoffmann told AFP. Russia and Ukraine have escalated their use of long-range missiles in recent days since the Washington gave Kyiv permission to use its Army Tactical Missile System (ATACMS) against military targets inside Russia — a long-standing Ukrainian request. British media meanwhile reported on Wednesday that Kyiv had launched UK-supplied Storm Shadow missiles at targets in Russia after being given the green light from London. The defence ministry in Moscow said Thursday its air-defence systems had downed two Storm Shadows, without saying whether they had come down on Russian territory or in occupied Ukraine. The missile escalation is coming at a critical moment on the ground for Ukraine, as its defensive lines buckle under Russian pressure across the sprawling front line. Russia claimed deeper advances in the war-battered Donetsk region, announcing on Thursday that its forces had captured another village close to Kurakhove, closing in on the town after months of steady advances. Moscow’s defence ministry said Russian forces had taken the small village of Dalne, five kilometres (three miles) south of Kurakhove. Lysak, the governor of the Dnipropetrovsk region, said that 26 people had been wounded in another strike on the town of Kryvyi Rig, where Zelensky was born.
‘Father time always wins’: Warren Buffett updates plan to give away his $227b fortune
The race to build a fault-tolerant quantum computer is heating up, and Google, despite its early lead, is facing stiff competition. While Google has made significant strides with its surface code approach to quantum error correction, other players are exploring diverse strategies with promising results. This article delves into the complexities of quantum error correction, explores alternative approaches gaining traction, and analyzes the potential implications for the future of quantum computing. Quantum computing holds the promise of revolutionizing fields like medicine, materials science, and artificial intelligence by solving problems that are intractable for classical computers. However, qubits, the building blocks of quantum computers, are extremely fragile and prone to errors. This is where quantum error correction (QEC) comes in. QEC is a crucial technique to protect quantum information from noise, ensuring the reliability of quantum computations. Google has been a pioneer in this field, achieving a significant milestone in 2019 by demonstrating quantum supremacy – performing a calculation on a quantum computer that would be practically impossible for a classical computer. Their approach relies heavily on the surface code, a technique that distributes quantum information across a two-dimensional grid of qubits, making it more resilient to errors. However, the surface code, while robust, requires a large number of physical qubits to encode a single logical qubit – a qubit that is protected from errors. This overhead poses a significant challenge in scaling up quantum computers to tackle real-world problems. The Rise of Alternative Approaches Recognizing the limitations of the surface code, researchers are actively exploring alternative QEC codes that offer potential advantages in terms of efficiency and resource requirements. Some of the prominent contenders include: Companies like Quantinuum and IonQ are actively pursuing these alternative approaches, demonstrating their potential in experimental setups. Quantinuum, for instance, recently achieved a breakthrough with its trapped-ion quantum computer, demonstrating high-fidelity operations using a color code. IonQ, on the other hand, is leveraging its trapped-ion technology to explore the capabilities of LDPC codes. The Challenges and Opportunities Ahead While these alternative approaches offer promising avenues for quantum error correction, they also come with their own set of challenges. For instance, color codes, despite their higher threshold, can be more complex to implement. LDPC codes, while efficient, require careful optimization for quantum applications. Bosonic codes, being a relatively new approach, require further research and development to demonstrate their scalability and practicality. The exploration of these diverse approaches highlights the dynamic nature of the quantum computing field. There is no one-size-fits-all solution for quantum error correction, and the optimal approach may vary depending on the specific hardware platform and application. My Perspective: A Journey Through the Quantum Realm My fascination with quantum computing began during my graduate studies in physics. The counterintuitive nature of quantum mechanics, with its superposition and entanglement, captivated my imagination. I delved into the theoretical foundations of quantum error correction, exploring the intricate mathematics and code constructions that underpin this crucial field. Over the years, I’ve witnessed the remarkable progress in quantum computing, from the early demonstrations of basic quantum gates to the achievement of quantum supremacy. I’ve had the opportunity to interact with leading researchers in the field, attend conferences, and contribute to the development of quantum algorithms. The current exploration of alternative QEC codes excites me as it signifies a maturing field. It’s not just about achieving quantum supremacy anymore; it’s about building practical, fault-tolerant quantum computers that can solve real-world problems. The Road to Fault-Tolerant Quantum Computing The development of efficient and scalable quantum error correction is paramount to realizing the full potential of quantum computing. While Google’s surface code has paved the way, the emergence of alternative approaches is crucial for driving innovation and pushing the boundaries of this field. The competition in quantum error correction is ultimately beneficial for the advancement of quantum computing. It fosters collaboration, encourages the exploration of diverse ideas, and accelerates the development of fault-tolerant quantum computers that will revolutionize various industries. This is an exciting time to be involved in quantum computing. We are witnessing the birth of a new technological era, and quantum error correction is at the forefront of this revolution.
Apple Releases Safari Technology Preview 210 With Bug Fixes and Performance ImprovementsAnaemia Is More Than Fatigue
Bosses at a major UK supermarket are considering bringing in facial recognition to curb . With warnings being issued earlier this year about a horrific rise in the crime – with videos often going viral showing staff and security seemingly unable to stop many incidents – the bosses at Iceland are now looking at more impactful ways of stopping it. Richard Walker, the boss of Iceland, confirmed on Linkedin that he would “happily” give facial recognition a trial in his stores, as long as it was “legal and proportionate”. Discussing shoplifting overall – and reacting to a House of Lords report into it and how security guards should be given more legal powers to stop it, he said: “I make no apologies for putting the safety of Iceland colleagues and customers first. "We urgently need further reform to address the growing severity of this issue. I won’t post on here some of the pictures and details of the serious incidents from the report that I receive every week - but safe to say they are really upsetting. “Right now, security guards are very limited in their ability to act against brazen, professional criminals who operate without fear of consequence. Enhanced legal powers - to search and safely detain offenders - would create a stronger deterrent for criminals and help restore safer high streets for everyone. “And as I’ve been saying for a while now, we need confirmation from the Information Commissioner's Office that we should be able to share images of perpetrators on social media groups. The safety of my colleagues is more important than the data protection rights of known offenders. “Lastly...whilst we don’t yet use it, I will HAPPILY trial and use legal, proportionate facial recognition technology as an effective response to the very real threat my colleagues face.” The HoL report revealed that around 17 million shoplifting incidents take place every year, costing retailers a whopping £2billion.China’s Quest For Global Leadership And The ObstaclesRALEIGH, N.C. — Martin Necas scored on the power play with 2:07 remaining as the Carolina Hurricanes rallied past the Dallas Stars 6-4 on Monday night behind a five-goal third period. Shayne Gostisbehere, Brent Burns and Sebastian Aho also scored in the third for Carolina before Andrei Svechnikov added an empty-netter with 15 seconds left. Spencer Martin, in just his fourth start of the season, made 15 saves as Carolina notched its eighth straight win at home. Tyler Seguin, Thomas Harley, Mason Marchment and Miro Heiskanen had goals for Dallas. The Hurricanes led 4-3 after Gostisbehere converted the team’s first power-play chance at 8:09 of the third. Heiskanen tied it with 5:14 left, setting the stage for a wild finish. Seguin scored just 18 seconds into the game, converting off a giveaway in the Carolina zone. Seth Jarvis, back after missing seven games with an upper-body injury, pulled the Hurricanes even at 6:36 of the first with a short-handed goal. Carolina Hurricanes' Andrei Svechnikov (37) watches as the puck goes wide of Dallas Stars goaltender Jake Oettinger (29) with Miro Heiskanen (4) nearby during the second period of an NHL hockey game in Raleigh, N.C., Monday, Nov. 25, 2024. Credit: AP/Karl B DeBlaker Takeaways Stars: While Dallas boasts one of the NHL’s top penalty-kill units, they failed to come through twice in the third period while squandering a two-goal cushion. Hurricanes: Injuries to Frederik Andersen (knee surgery) and Pyotr Kochetkov (concussion protocol) have raised concerns about Carolina’s goalie depth. With two more opponents on the docket this week in the Rangers and Panthers, that area will continue to be tested. Key moment The Hurricanes came out with renewed energy in the third. Aho’s goal 1:10 into the period sparked life into a team that had struggled to beat goalie Jake Oettinger early on. Key stat The Stars fell to 7-2 on the season when leading after one period. Carolina Hurricanes' Seth Jarvis (24) chases the puck past Dallas Stars' Esa Lindell (23) and goaltender Jake Oettinger (29) during the second period of an NHL hockey game in Raleigh, N.C., Monday, Nov. 25, 2024. Credit: AP/Karl B DeBlaker Up next The Stars conclude a three-game road trip on Wednesday against Chicago, while the Hurricanes host the Rangers.
Boston, MA, Dec. 18, 2024 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (the "Company") (TSXV: MNLX) today announces that as part of its standard disclosures, the Company has granted 1,103,269 options (against ~145M fully diluted shares) to certain leadership team members of the Company as part of its ongoing incentive program to award equity of options in lieu of cash compensation. The average strike price for these options is .36 CDN reflecting the price of MNLX at the time cash compensation was forgone by employees. In certain cases of senior leadership, equity-based options make up to 30 to 100 percent of an executive’s base salary compensation. Any new option awards continue to draw from the existing employee incentive pool with no net new incremental dilution to shareholders. There was delay in the formal announcement and grant of the options given that the Company was waiting for options to be returned to the pool to avoid any shareholder dilution that might come from an expansion of the pool. The options are subject to a 1-year cliff vesting schedule and are exercisable for subordinate voting shares of the Company for a period of 10 years following the date of grant. About MiniLuxe MiniLuxe , a Delaware corporation based in Boston, Massachusetts. MiniLuxe is a lifestyle brand and talent empowerment platform servicing the beauty and self-care industry. The Company focuses on delivering high-quality nail care and esthetic services and offers a suite of trusted proprietary products that are used in the Company’s owned-and-operated studio services. For over a decade, MiniLuxe has been elevating industry standards through healthier, ultra-hygienic services, a modern design esthetic, socially responsible labor practices, and better-for-you, cleaner products. MiniLuxe aims to radically transform a highly fragmented and under-regulated self-care and nail care industry through its brand, standards, and technology platform that collectively enable better talent and client experiences. In addition to creating long-term durable economic returns for stakeholders, MiniLuxe is expanding its reach through franchising, offering entrepreneurs the opportunity to partner with a brand recognized as the best nail salon franchise . MiniLuxe seeks to empower one of the most diverse and largest hourly worker segments through professional development, economic mobility, and ownership opportunities. For its clients, MiniLuxe offers best-in-class self-care services and better-for-you products, and for nail care and beauty professionals, MiniLuxe seeks to become the employer of choice. Since its inception, MiniLuxe has performed over 4 million services. For further information Christine Mastrangelo Investor Relations, MiniLuxe Holding Corp. cmastrangelo@MiniLuxe.com MiniLuxe.comThe gaming world is abuzz with the arrival of AMD’s latest powerhouse: the Radeon 780M . Heralding a new era in gaming graphics, this innovative GPU is set to revolutionize the realistic gaming experience. Leveraging AMD’s pioneering RDNA 3 architecture, the Radeon 780M is tailored to meet the demands of the latest AAA titles and fuel the next generation of immersive gameplay. With breakthroughs in graphical fidelity, the Radeon 780M provides enhanced ray-tracing capabilities. This ensures lifelike reflections and textures, further deepening the visual aesthetics of gaming environments. Alongside improved power efficiency, this makes it a formidable contender in the performance-per-watt arena, addressing today’s environmentally conscious gamers’ needs. Furthermore, the Radeon 780M supports faster refresh rates , accommodating the rapid advancements in display technology. Gamers can enjoy buttery-smooth transitions, minimized lag, and unparalleled responsiveness, ensuring a competitive edge in fast-paced gaming scenarios. Additionally, the incorporation of advanced AI enhancements further elevates the gaming experience. The intelligent performance optimizations dynamically adjust in real-time to varying gameplay demands. This means smoother gameplay experiences, even in the face of the most graphically demanding titles. As developers increasingly harness these advancements to create more realistic and complex game worlds, the Radeon 780M is positioned as a pivotal tool in unlocking these possibilities. For gamers and tech enthusiasts alike, AMD’s latest GPU signifies a giant leap towards the future of gaming, hinting at endless possibilities and new horizons on the digital landscape. Discover the Future of Gaming with AMD’s Revolutionary Radeon 780M The gaming industry is ever-evolving, and with technological advancements like the newly launched AMD Radeon 780M, it’s experiencing another leap forward. As players delve into this next-gen GPU, there’s much more beyond its core features that gamers, developers, and tech aficionados should explore. Here’s an in-depth look at the game-changing aspects of the Radeon 780M that are gaining attention. Cutting-Edge Features of the Radeon 780M With the integration of AMD’s latest RDNA 3 architecture, the Radeon 780M promises unparalleled graphical performance. Key features include: – Enhanced Ray-Tracing Capabilities : This ensures more realistic reflections and textures, which are pivotal for modern gaming aesthetics. – AI-Powered Optimizations : Real-time intelligent adjustments optimize performance seamlessly, even with high-demand gaming titles. – Faster Refresh Rates : Designed to support new display technology, gamers can enjoy ultra-smooth animations and reduced input lag for an edge in competitive gameplay. Market Analysis: Radeon 780M’s Position The introduction of the Radeon 780M positions AMD competitively in the market, not only against NVIDIA but also within the eco-friendly tech space. The improved power efficiency strategies resonate with environmentally conscious gamers, aligning gaming needs with sustainable practices. Pricing and Availability Trends While precise pricing details are yet to be publicly disclosed, AMD’s previous pricing strategies suggest that the Radeon 780M will be priced at a competitive point to attract both mainstream and performance-driven gamers. Prediction insights hint at potential bundled offerings with gaming laptops and desktops in upcoming holiday seasons to expand its reach. Potential Limitations Despite its impressive features, the Radeon 780M may face challenges such as: – Compatibility with Older Systems : As with any next-gen technology, compatibility with legacy systems may require additional upgrades or compromises. – Supply Constraints : Given ongoing chip shortages, availability might initially be limited, impacting early adopters looking to upgrade promptly. Innovative Gaming Use Cases The Radeon 780M’s advanced capabilities are set to unlock new possibilities in areas such as: – Virtual Reality : Enhancing VR gaming with more lifelike environments and responsive gameplay. – Multiplayer Gaming : With quick refresh rates and AI optimizations, multiplayer gaming becomes more immersive and fluid. Final Thoughts and Predictions The Radeon 780M sets a promising precedent for future graphics card innovations. As developers tap into its advanced capabilities, gamers can expect more dynamic and complex game worlds, driving the industry towards an era of unprecedented realism and engagement. For further updates and insights on AMD’s latest technologies, visit the official AMD website . Stay tuned as the Radeon 780M continues to redefine the gaming landscape.
NEW YORK (AP) — Top-ranked chess player Magnus Carlsen is headed back to the World Blitz Championship on Monday after its governing body agreed to loosen a dress code that got him fined and denied a late-round game in another tournament for refusing to change out of jeans. Lamenting the contretemps, International Chess Federation President Arkady Dvorkovich said in a statement Sunday that he’d let World Blitz Championship tournament officials consider allowing “appropriate jeans” with a jacket, and other “elegant minor deviations” from the dress code. He said Carlsen’s stand — which culminated in his quitting the tournament Friday — highlighted a need for more discussion “to ensure that our rules and their application reflect the evolving nature of chess as a global and accessible sport.” Carlsen, meanwhile, said in a video posted Sunday on social media that he would play — and wear jeans — in the World Blitz Championship when it begins Monday. “I think the situation was badly mishandled on their side,” the 34-year-old Norwegian grandmaster said. But he added that he loves playing blitz — a fast-paced form of chess — and wanted fans to be able to watch, and that he was encouraged by his discussions with the federation after Friday’s showdown. “I think we sort of all want the same thing,” he suggested in the video on his Take Take Take chess app’s YouTube channel. “We want the players to be comfortable, sure, but also relatively presentable.” The events began when Carlsen wore jeans and a sportcoat Friday to the Rapid World Championship, which is separate from but held in conjunction with the blitz event. The chess federation said Friday that longstanding rules prohibit jeans at those tournaments, and players are lodged nearby to make sartorial switch-ups easy if needed. An official fined Carlsen $200 and asked him to change pants, but he refused and wasn’t paired for a ninth-round game, the federation said at the time. The organization noted that another grandmaster, Ian Nepomniachtchi, was fined earlier in the day for wearing sports shoes, changed and continued to play. Carlsen has said that he offered to wear something else the next day, but officials were unyielding. He said “it became a bit of a matter of principle,” so he quit the rapid and blitz championships. In the video posted Sunday, he questioned whether he had indeed broken a rule and said changing clothes would have needlessly interrupted his concentration between games. He called the punishment “unbelievably harsh.” “Of course, I could have changed. Obviously, I didn’t want to,” he said, and “I stand by that.”LISBON For the first time in its history, Türkiye has signed a contract to export military ships to a member of both the EU and NATO, Portugal. Under the agreement, signed Tuesday in Lisbon, Türkiye will design and build two auxiliary oiler replenisher and logistics vessels for the Portuguese Navy, with Ankara-based defense technologies company STM serving as prime contractor. The contract signing ceremony was attended by STM General Manager Ozgur Guleryuz, as well as the head of Türkiye's Undersecretariat for Defense Industries (SSM), Haluk Gorgun, Portugal's Chief of Naval Staff Adm. Henrique Gouveia e Melo and Carlos Felix, representative of the Portuguese Defense Industries Agency. Speaking at the event, SSM Secretary Gorgun emphasized Türkiye’s priority to strengthen defense industry cooperation with NATO allies. Türkiye, one of the world's 10 countries capable of building its own warships, is now exporting them to friendly and allied nations, Gorgun said. "These two ships will enhance the Portuguese Navy’s operational effectiveness at sea, improve its resilience, and enable it to respond swiftly to various missions, including humanitarian efforts, training exercises, and joint operations with other allies," he added. Adm. Gouveia e Melo highlighted the potential for deeper defense collaborations between Türkiye and Portugal, particularly in maritime and unmanned systems. "These collaborations can help both nations reach new markets and contribute to their economies, technological sovereignty, and capacities as allied countries," he said, also underscoring the strategic importance of Türkiye's Black Sea gateway and Portugal's position at the Mediterranean’s western entrance. STM’s Guleryuz noted the company’s significant contributions to the Turkish Navy via locally designed and produced platforms, as well as its involvement in naval projects for Ukraine, Malaysia, and Pakistan. Ship features and capabilities With their innovative design and versatile mission functionality, the logistics support ships will be capable of performing joint power transfer, amphibious operations, and replenishment at sea. The construction of the replenishment at sea and logistics support ships, regarded as a milestone in showcasing Türkiye's advanced military naval engineering, will feature a modular design. Thanks to their modular, unique, and adaptable structures, the ships will also support tasks such as humanitarian aid, search and rescue missions, and serving as hospital ships during crises. Equipped with an integrated communication system, the ships will provide command and control capabilities. The construction of the vessels, which will feature higher speed and cargo capacity compared to other ships of similar size, will begin in Türkiye in 2025 under STM's leadership as the prime contractor. The ships will measure 137 meters in length, have a displacement of 11,000 tons, and achieve a maximum speed exceeding 18 knots. They will be capable of continuous operation at sea for up to 90 days, accommodating 100 onboard personnel and an additional 100 external personnel. The ships will also have the capacity to carry up to 20 light tactical armored vehicles and will be equipped with sensor and weapon systems for various combat scenarios, particularly air defense. Key armaments will include close-in air defense systems, 12.7-millimeter remote-controlled weapon systems, and chaff/decoy systems. Additionally, the ships will feature platforms and hangars to accommodate helicopters and unmanned aerial vehicles (UAVs).
Chess grandmaster Magnus Carlsen returns to a tournament after a dispute over jeans is resolvedA few months ago, I logged into my online Securus account to send an electronic message to a friend in a Washington State prison. To my shock, I found the word “blocked” on my account and I was not able to send any messages. The block came just a few weeks after I had published an article with Truthout on censorship inside of prisons and had sent the finished article to some of my sources over the e-messaging system. It’s hard to know for sure, but the block is either the result of my journalism, or it is a result of facilitating a book club that connects people inside with those on the outside. Since my Truthout article was about how difficult prisons make it to access information, especially for LGBTQ+ people, the block seems ironic, to say the least. People in prison do not have direct access to the internet or to any standard email services, nor can they generally receive phone calls. Instead, any communication other than paper mail ( which is increasingly rare ) takes place over services managed by for-profit companies like Aventiv, ViaPath and IC Solutions . If one of these services chooses to implement a block on an account, as in my case, an outside user cannot send e-messages, put money on a loved one’s books or pay for phone calls — for anyone who lives in a prison, anywhere in the United States, that uses the service that has implemented the block. The only remedy for this is apparently to appeal to the state Department of Corrections (DOC), but unsurprisingly, there is no obvious method for such an appeal available to an outside family member or friend. Figuring out how to appeal required several calls and emails, and in the end, did not yield any change to my situation. This block is inhibiting my ability to do my work, and more than that, it’s isolating my friends in prison from contact with the outside world. Censorship in prisons has expanded with the monopolization of prison communications in the hands of only a few private companies. For instance, the services I use the most — JPay and Securus — are under the parent company of the behemoth Aventiv. I have not yet found any information on how blocks like this are processed and how frequent they are, but it seems the Washington State Department of Corrections did not actually mean to block me from communicating with people in other states. That is just a side effect of monopolization. When Aventiv implements a block, it is companywide, meaning that I’m unable to message anyone who uses JPay or Securus, or where the phone service is provided by either Aventiv company, even though Washington State does not even use JPay. Half of all states that have e-messages in their prisons (22) use JPay as their e-message provider. Meanwhile, 42 percent of phone calls are managed by Securus, meaning that my block is a significant barrier to communicating with a large segment of the total prison population. According to the Securus helpline, blocks like this are not uncommon. My ban was upheld on appeal (an email) because I was sharing messages that included more than one person in the prison. Not only is barring people in prison from communicating with one another enforced in more draconian ways than in the past, but prisons are increasingly banning people on the outside from being in contact with more than one person in prison. Given the reality that almost 2 million people are imprisoned in the U.S. each year and the disproportionate impact of the criminal legal system on particular communities, it is arbitrary for prisons and communication companies to act as though no one will have two family members or two close friends in prison at the same time. It is also unfair and punitive to further limit the outside support available to those inside. My rule-breaking activities were related to the Abolitionist Book Club , a reading group that brings together people inside and outside prisons. I co-founded the group in 2023 with a close friend of mine, Vincent “Tank” Sherrill, who lives in a Washington State prison, and another outside organizer, Matthew Charlebois. Our original goal was to create a space for political education about abolition for our comrades outside and inside prison through reading Mariame Kaba and Andrea Ritchie’s book No More Police together. We have since finished the book and become a tight-knit community who meets together virtually once a month to grow our abolitionist imaginations through our relationships with each other. Organizing a group like this is not easy. Our meetings are held over Zoom, with each person in prison joining the video call via a buddy system with the outside members. We were pleasantly surprised that everyone in the prison received the copies of the book despite its title, but as soon as we held our first online meeting, book club members at the Washington Corrections Center for Women received a warning from the facility’s investigator telling them that they were not allowed to participate in this “illegal book club.” One member came to a second meeting — mainly to talk about how to proceed — and was punished with a major infraction (reduced to a minor infraction upon her appeal). This member submitted a formal proposal to the prison to make the group official, since our work fits the prison’s definition of “pro-social behavior” that it supposedly encourages, but she never received a response to the proposal and was not able to join any more of our discussions. After this intimidation, members from the women’s prison were too afraid to join our meetings, but punishment of some members of the book club did not stop us. The Abolitionist Book Club continues, building solidarity and shared analysis between comrades inside and outside prison. This experience has affirmed the value of doing collective work, rather than individual or even centralized work. I was the main outside instigator of the Abolitionist Book Club, and most of the first contacts were mine. I’m proud, though, that as we have grown, everyone in the group has taken ownership and I’m no longer any more central than anyone else. This meant that when I was cut off, other people in the group were ready to step in. Being formally cut off from my friends and comrades inside has been yet another lesson about creating dense webs of relationships rather than jealously guarding our relationships or contacts; it’s much harder for the DOC to destroy that whole web than to sever one particular line of communication. I would love to say that if we organize in this way, the DOC can’t touch us, but unfortunately that’s not true. Since the block, it has been much harder to be in touch with some of my close friends in prison, and I have dearly missed talking regularly with these folks. Nonetheless, I’m thankful for not being totally cut off since I am still able to communicate with the help of others in the book club. The block has a direct impact on my journalism as well as my personal relationships. It would be bad enough if I had only been blocked from communication inside Washington State, where I’m working with people on various projects, but I also can’t send messages to people I know in Michigan or in Missouri. Even worse, I can’t reach out to speak to people in any state or facility that uses an Aventiv service to report on their experiences, unless I reach out to them via another friend of theirs. That, however, would be third party contact , which is the same rule I’m accused of violating. I am stuck either continuing to violate that rule or ceasing to do journalism about the experiences of people in prison. Like so many people before me, most especially those in prison themselves, I have been censored by the prison for writing about censorship in the prison. I am outraged that this has happened; that the prison has extended its reach to censor those of us outside prison in this way is dangerous and disturbing. But the real travesty here is the regular , ongoing censorship that people in prison are subjected to daily, like the women in our book club who were cut off from one of the few sources of outside support and communication available to them. Worse yet, people in prison don’t necessarily have a way of knowing why I’m not responding to them — and Aventiv takes their money to send messages that are not delivered. I keep receiving emails from JPay telling me that someone has sent me a message, but I’m unable to read these messages. One person has been released from prison altogether after sending me a message I couldn’t read, and we’ve completely lost touch. The monopolization of communication technologies combined with the system’s bans on “double contact” significantly expands the existing regime that destroys relationships between people in prison and their communities on the outside. Ultimately, the result of blocking communication is to keep people in prison away from those who want to offer support, and away from people like me who might be able to tell their story to the broader world.
NEWCASTLE, England (AP) — Newcastle’s winning run in the English Premier League came to an abrupt end when goals from Thomas Souček and Aaron Wan-Bissaka gave West Ham a surprise 2-0 win at St. James’ Park on Monday. The Hammers rose into 14th place and the pressure on coach Julen Lopetegui was eased. The London club has been inconsistent all season and Monday’s win was just its fourth in 12 league games. West Ham was worth the win in the end but the three points came courtesy of slack defending by the home side. Emerson whipped in an out-swinging corner after 10 minutes and, with Newcastle defenders rooted to the spot, Souček stole in to nod home the opener. Then eight minutes into the second half, captain Jarrod Bowen found Wan-Bissaka in the penalty box and he was left unchallenged and had time to fire an angled drive past Nick Pope. Newcastle brought on Harvey Barnes, and then Callum Wilson returned from a long-term back injury to make his first appearance of the season but to no avail. The defeat ended a three-game winning streak for Newcastle and left the Saudi Arabia-owned club in ninth place, four points outside the top four. AP soccer: https://apnews.com/hub/soccer
FOXBOROUGH, Mass. (AP) — The NFL removed New England Patriots safety Jabrill Peppers from the commissioner exempt list on Monday, making him eligible to participate in practice and play in the team’s games. Peppers missed seven games since being placed on the list on Oct. 9 after he was arrested and charged with shoving his girlfriend’s head into a wall and choking her. The league said its review is ongoing and is not affected by the change in Peppers’ roster status. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Thomas scores 27 as Morgan State downs Campbell 86-76
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MARKET REPORT: ITV shares surge as it's targeted for takeover By HUGO DUNCAN Updated: 22:01, 25 November 2024 e-mail View comments Shares in ITV jumped on reports it has become a takeover target. The stock rose 8.6 per cent, or 5.65p, to 71.15p though it remains down more than 70 per cent since its peak almost a decade ago. The business, which is home to shows including Coronation Street and Love Island, and whose production arm ITV Studios is behind recent hits such as Rivals for Disney+, is now valued at £2.5billion. Shares have been dragged down in recent years by worries over advertising spend and the profitability of its streaming service ITV X. This has prompted speculation that the company could be sold or broken up, with its Studios production arm split off from the broadcasting division. Over the weekend, Sky News said private equity giant CVC Capital Partners was interested in a deal. The report said CVC was planning to team up with a European broadcaster such as France’s Groupe TF1, and the pair would then split the company with CVC taking on Studios and the broadcasting arm going to TF1. Takeover target: ITV, whose production arm ITV Studios is behind recent hits such as Rivals for Disney+, is now valued at £2.5bn All3Media, owned by RedBird Capital, and Mediawan, backed by the private equity giant KKR, were also said to be interested in ITV Studios. Global stock markets edged higher and US borrowing costs fell as investors welcomed Donald Trump’s decision to pick fund manager Scott Bessent to be US Treasury Secretary when he returns to the White House. Jefferies economist Mohit Kumar described Bessent as ‘pro-growth but also fiscally conservative’, adding: ‘Trump’s pick supports our view that concerns of massive fiscal expansion under Trump are exaggerated.’ The FTSE 100 inched up 0.4 per cent, or 29.6p, to 8291.68 and the FTSE 250 advanced 0.8 per cent, or 167.57 points, to 20749.26. JD Sports shares surged 10 per cent, or 9.34p, to 102.8p after analysts at Deutsche Bank raised their rating on the self-styled ‘King of Trainers’ from ‘sell’ to ‘hold’ – a sign that they believe the stock has fallen far enough. RELATED ARTICLES Previous 1 Next The loss of ITV's independence would be a blow to creative... Backlash grows over failure on business rates as Kingfisher... Share this article Share HOW THIS IS MONEY CAN HELP How to choose the best (and cheapest) stocks and shares Isa and the right DIY investing account JD fell more than 15 per cent in a single session last week as it warned it may not hit the £1billion profit milestone this year due to weaker-than-expected trading. Even after yesterday’s mini-recovery, the shares are down nearly 40 per cent since mid-September. And while the Deutsche upgrade was welcome, UBS analysts cut their price target for the stock to 155p from 178p. Mining giant Anglo American has completed the first stage of its break-up with the £3billion sale of its Australian coal business to American firm Peabody Energy. The deal is part of a major restructuring plan launched after the London-listed firm fought off a £39billion takeover attempt from rival BHP (up 0.4 per cent, or 9p, to 2086p) earlier this year. Anglo shares added 1.4 per cent, or 32p, to 2391p Pest control group Rentokil Initial shares rose 1.5 per cent, or 6.2p, to 412.9p after the appointment former Flutter executive Paul Edgecliffe-Johnson as chief financial officer. Pharma giant AstraZeneca posted upbeat data from a trail of its cancer drug Truqap. Shares were flat at 10474p. Stock Watch - Benchmark Holdings Shares in Benchmark Holdings jumped 6.7 per cent, or 2.35p, to 37.7p after selling its genetics business for £260million. The company, which specialises in the breeding and harvesting of fish and shellfish, said Novo Holdings will pay £230million upfront plus £30million in future depending on performance. Novo Holdings is the controlling shareholder in Ozempic-maker Novo Nordisk. Benchmark plans to focus on its advanced nutrition and health interests. 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We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence. More top storiesWest Ham surprise Newcastle with 2-0 away win
KYIV, (Ukraine): Ukraine on Thursday accused Russia of having deployed a ballistic missile designed to carry nuclear warheads for the first time in history which, if confirmed, would be a major escalation of the war. Ukrainian allies have yet to confirm initial assessments from Kyiv’s military that Russia had launched an intercontinental ballistic missile (ICBM). The Kremlin has not denied it used the weapon, which can strike targets from a distance of thousands of kilometres, spokesman Dmitri Peskov refusing to comment when questioned. The Ukrainian air force said Moscow had launched the nuclear-capable missile as part of a barrage towards the central city of Dnipro, where local authorities said an infrastructure facility was hit and two civilians were wounded. Ukrainian President Volodymyr Zelensky said experts were examining evidence before confirming an intercontinental ballistic missile had been fired by “our crazy neighbour”. He said that the attack bore “all the characteristics” of an ICBM attack and accused the Kremlin of “using Ukraine as a testing ground”. Ukraine’s foreign ministry spokesman said analysts were preparing their “expert conclusions” while adding that the attack bore “all flight characteristics of an ICBM”. “The strike itself proves: Russia does not seek peace. To the contrary, it makes every effort to expand the war,” spokesman Georgiy Tykhy said in a statement on social media. The attack on Dnipro comes just days after several foreign embassies shuttered temporarily in the Ukrainian capital, citing the threat of a large-scale strike. Tension has been building between Moscow and Kyiv’s allies in the West since Ukrainian forces struck Russian territory with Western-supplied long-range weapons on Tuesday after getting the green light from Washington. Asked whether Moscow had fired an ICBM, Kremlin spokesman Peskov said he had “nothing to say on this topic”. He did however say the Kremlin was doing everything to avoid a nuclear conflict, having updated its nuclear doctrine this week. “We have stressed in the context of our doctrine that Russia is taking a responsible position to make maximum effort not to allow such a conflict,” Peskov said. Russia’s foreign ministry spokeswoman received a phone call during a live press briefing, in which she was ordered not to comment on reports of the ballistic strike, video showed. Yuzhmash is the Russian name of an aerospace manufacturer — now called Pivdenmash — in Dnipro that produced missiles during the Soviet era and is reported now to make satellites. Russia claimed to have struck the facility in September this year. Western countries reacted with alarm. “While we’re assessing the full facts it’s obvious that such (an) attack would mark yet another clear escalation from the side of (Vladimir) Putin,” European Union foreign affairs spokesman Peter Stano told reporters. The United Kingdom said the strike would be “reckless and escalatory” if confirmed. France said it would represent an “extremely serious” incident. Ukraine’s air force said it had downed missiles launched on the industrial city, without elaborating on whether the alleged intercontinental ballistic missile (ICBM) was among those downed. The head of the Dnipropetrovsk region where the city of Dnipro is located said the Russian aerial bombardment damaged a rehabilitation centre and several homes, as well as an industrial enterprise. “Two people were wounded — a 57-year-old man was treated on the scene and a 42-year-old woman was hospitalised,” said the official, Sergiy Lysak. Fabian Hoffmann, a research fellow at the University of Oslo, who specialises in missile technology, said Russia had nothing to gain militarily by using an ICBM in such an attack. “This is all about the political effect. This is not about the military value,” Hoffmann told AFP. Russia and Ukraine have escalated their use of long-range missiles in recent days since the Washington gave Kyiv permission to use its Army Tactical Missile System (ATACMS) against military targets inside Russia — a long-standing Ukrainian request. British media meanwhile reported on Wednesday that Kyiv had launched UK-supplied Storm Shadow missiles at targets in Russia after being given the green light from London. The defence ministry in Moscow said Thursday its air-defence systems had downed two Storm Shadows, without saying whether they had come down on Russian territory or in occupied Ukraine. The missile escalation is coming at a critical moment on the ground for Ukraine, as its defensive lines buckle under Russian pressure across the sprawling front line. Russia claimed deeper advances in the war-battered Donetsk region, announcing on Thursday that its forces had captured another village close to Kurakhove, closing in on the town after months of steady advances. Moscow’s defence ministry said Russian forces had taken the small village of Dalne, five kilometres (three miles) south of Kurakhove. Lysak, the governor of the Dnipropetrovsk region, said that 26 people had been wounded in another strike on the town of Kryvyi Rig, where Zelensky was born.
‘Father time always wins’: Warren Buffett updates plan to give away his $227b fortune
The race to build a fault-tolerant quantum computer is heating up, and Google, despite its early lead, is facing stiff competition. While Google has made significant strides with its surface code approach to quantum error correction, other players are exploring diverse strategies with promising results. This article delves into the complexities of quantum error correction, explores alternative approaches gaining traction, and analyzes the potential implications for the future of quantum computing. Quantum computing holds the promise of revolutionizing fields like medicine, materials science, and artificial intelligence by solving problems that are intractable for classical computers. However, qubits, the building blocks of quantum computers, are extremely fragile and prone to errors. This is where quantum error correction (QEC) comes in. QEC is a crucial technique to protect quantum information from noise, ensuring the reliability of quantum computations. Google has been a pioneer in this field, achieving a significant milestone in 2019 by demonstrating quantum supremacy – performing a calculation on a quantum computer that would be practically impossible for a classical computer. Their approach relies heavily on the surface code, a technique that distributes quantum information across a two-dimensional grid of qubits, making it more resilient to errors. However, the surface code, while robust, requires a large number of physical qubits to encode a single logical qubit – a qubit that is protected from errors. This overhead poses a significant challenge in scaling up quantum computers to tackle real-world problems. The Rise of Alternative Approaches Recognizing the limitations of the surface code, researchers are actively exploring alternative QEC codes that offer potential advantages in terms of efficiency and resource requirements. Some of the prominent contenders include: Companies like Quantinuum and IonQ are actively pursuing these alternative approaches, demonstrating their potential in experimental setups. Quantinuum, for instance, recently achieved a breakthrough with its trapped-ion quantum computer, demonstrating high-fidelity operations using a color code. IonQ, on the other hand, is leveraging its trapped-ion technology to explore the capabilities of LDPC codes. The Challenges and Opportunities Ahead While these alternative approaches offer promising avenues for quantum error correction, they also come with their own set of challenges. For instance, color codes, despite their higher threshold, can be more complex to implement. LDPC codes, while efficient, require careful optimization for quantum applications. Bosonic codes, being a relatively new approach, require further research and development to demonstrate their scalability and practicality. The exploration of these diverse approaches highlights the dynamic nature of the quantum computing field. There is no one-size-fits-all solution for quantum error correction, and the optimal approach may vary depending on the specific hardware platform and application. My Perspective: A Journey Through the Quantum Realm My fascination with quantum computing began during my graduate studies in physics. The counterintuitive nature of quantum mechanics, with its superposition and entanglement, captivated my imagination. I delved into the theoretical foundations of quantum error correction, exploring the intricate mathematics and code constructions that underpin this crucial field. Over the years, I’ve witnessed the remarkable progress in quantum computing, from the early demonstrations of basic quantum gates to the achievement of quantum supremacy. I’ve had the opportunity to interact with leading researchers in the field, attend conferences, and contribute to the development of quantum algorithms. The current exploration of alternative QEC codes excites me as it signifies a maturing field. It’s not just about achieving quantum supremacy anymore; it’s about building practical, fault-tolerant quantum computers that can solve real-world problems. The Road to Fault-Tolerant Quantum Computing The development of efficient and scalable quantum error correction is paramount to realizing the full potential of quantum computing. While Google’s surface code has paved the way, the emergence of alternative approaches is crucial for driving innovation and pushing the boundaries of this field. The competition in quantum error correction is ultimately beneficial for the advancement of quantum computing. It fosters collaboration, encourages the exploration of diverse ideas, and accelerates the development of fault-tolerant quantum computers that will revolutionize various industries. This is an exciting time to be involved in quantum computing. We are witnessing the birth of a new technological era, and quantum error correction is at the forefront of this revolution.
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Bosses at a major UK supermarket are considering bringing in facial recognition to curb . With warnings being issued earlier this year about a horrific rise in the crime – with videos often going viral showing staff and security seemingly unable to stop many incidents – the bosses at Iceland are now looking at more impactful ways of stopping it. Richard Walker, the boss of Iceland, confirmed on Linkedin that he would “happily” give facial recognition a trial in his stores, as long as it was “legal and proportionate”. Discussing shoplifting overall – and reacting to a House of Lords report into it and how security guards should be given more legal powers to stop it, he said: “I make no apologies for putting the safety of Iceland colleagues and customers first. "We urgently need further reform to address the growing severity of this issue. I won’t post on here some of the pictures and details of the serious incidents from the report that I receive every week - but safe to say they are really upsetting. “Right now, security guards are very limited in their ability to act against brazen, professional criminals who operate without fear of consequence. Enhanced legal powers - to search and safely detain offenders - would create a stronger deterrent for criminals and help restore safer high streets for everyone. “And as I’ve been saying for a while now, we need confirmation from the Information Commissioner's Office that we should be able to share images of perpetrators on social media groups. The safety of my colleagues is more important than the data protection rights of known offenders. “Lastly...whilst we don’t yet use it, I will HAPPILY trial and use legal, proportionate facial recognition technology as an effective response to the very real threat my colleagues face.” The HoL report revealed that around 17 million shoplifting incidents take place every year, costing retailers a whopping £2billion.China’s Quest For Global Leadership And The ObstaclesRALEIGH, N.C. — Martin Necas scored on the power play with 2:07 remaining as the Carolina Hurricanes rallied past the Dallas Stars 6-4 on Monday night behind a five-goal third period. Shayne Gostisbehere, Brent Burns and Sebastian Aho also scored in the third for Carolina before Andrei Svechnikov added an empty-netter with 15 seconds left. Spencer Martin, in just his fourth start of the season, made 15 saves as Carolina notched its eighth straight win at home. Tyler Seguin, Thomas Harley, Mason Marchment and Miro Heiskanen had goals for Dallas. The Hurricanes led 4-3 after Gostisbehere converted the team’s first power-play chance at 8:09 of the third. Heiskanen tied it with 5:14 left, setting the stage for a wild finish. Seguin scored just 18 seconds into the game, converting off a giveaway in the Carolina zone. Seth Jarvis, back after missing seven games with an upper-body injury, pulled the Hurricanes even at 6:36 of the first with a short-handed goal. Carolina Hurricanes' Andrei Svechnikov (37) watches as the puck goes wide of Dallas Stars goaltender Jake Oettinger (29) with Miro Heiskanen (4) nearby during the second period of an NHL hockey game in Raleigh, N.C., Monday, Nov. 25, 2024. Credit: AP/Karl B DeBlaker Takeaways Stars: While Dallas boasts one of the NHL’s top penalty-kill units, they failed to come through twice in the third period while squandering a two-goal cushion. Hurricanes: Injuries to Frederik Andersen (knee surgery) and Pyotr Kochetkov (concussion protocol) have raised concerns about Carolina’s goalie depth. With two more opponents on the docket this week in the Rangers and Panthers, that area will continue to be tested. Key moment The Hurricanes came out with renewed energy in the third. Aho’s goal 1:10 into the period sparked life into a team that had struggled to beat goalie Jake Oettinger early on. Key stat The Stars fell to 7-2 on the season when leading after one period. Carolina Hurricanes' Seth Jarvis (24) chases the puck past Dallas Stars' Esa Lindell (23) and goaltender Jake Oettinger (29) during the second period of an NHL hockey game in Raleigh, N.C., Monday, Nov. 25, 2024. Credit: AP/Karl B DeBlaker Up next The Stars conclude a three-game road trip on Wednesday against Chicago, while the Hurricanes host the Rangers.
Boston, MA, Dec. 18, 2024 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (the "Company") (TSXV: MNLX) today announces that as part of its standard disclosures, the Company has granted 1,103,269 options (against ~145M fully diluted shares) to certain leadership team members of the Company as part of its ongoing incentive program to award equity of options in lieu of cash compensation. The average strike price for these options is .36 CDN reflecting the price of MNLX at the time cash compensation was forgone by employees. In certain cases of senior leadership, equity-based options make up to 30 to 100 percent of an executive’s base salary compensation. Any new option awards continue to draw from the existing employee incentive pool with no net new incremental dilution to shareholders. There was delay in the formal announcement and grant of the options given that the Company was waiting for options to be returned to the pool to avoid any shareholder dilution that might come from an expansion of the pool. The options are subject to a 1-year cliff vesting schedule and are exercisable for subordinate voting shares of the Company for a period of 10 years following the date of grant. About MiniLuxe MiniLuxe , a Delaware corporation based in Boston, Massachusetts. MiniLuxe is a lifestyle brand and talent empowerment platform servicing the beauty and self-care industry. The Company focuses on delivering high-quality nail care and esthetic services and offers a suite of trusted proprietary products that are used in the Company’s owned-and-operated studio services. For over a decade, MiniLuxe has been elevating industry standards through healthier, ultra-hygienic services, a modern design esthetic, socially responsible labor practices, and better-for-you, cleaner products. MiniLuxe aims to radically transform a highly fragmented and under-regulated self-care and nail care industry through its brand, standards, and technology platform that collectively enable better talent and client experiences. In addition to creating long-term durable economic returns for stakeholders, MiniLuxe is expanding its reach through franchising, offering entrepreneurs the opportunity to partner with a brand recognized as the best nail salon franchise . MiniLuxe seeks to empower one of the most diverse and largest hourly worker segments through professional development, economic mobility, and ownership opportunities. For its clients, MiniLuxe offers best-in-class self-care services and better-for-you products, and for nail care and beauty professionals, MiniLuxe seeks to become the employer of choice. Since its inception, MiniLuxe has performed over 4 million services. For further information Christine Mastrangelo Investor Relations, MiniLuxe Holding Corp. cmastrangelo@MiniLuxe.com MiniLuxe.comThe gaming world is abuzz with the arrival of AMD’s latest powerhouse: the Radeon 780M . Heralding a new era in gaming graphics, this innovative GPU is set to revolutionize the realistic gaming experience. Leveraging AMD’s pioneering RDNA 3 architecture, the Radeon 780M is tailored to meet the demands of the latest AAA titles and fuel the next generation of immersive gameplay. With breakthroughs in graphical fidelity, the Radeon 780M provides enhanced ray-tracing capabilities. This ensures lifelike reflections and textures, further deepening the visual aesthetics of gaming environments. Alongside improved power efficiency, this makes it a formidable contender in the performance-per-watt arena, addressing today’s environmentally conscious gamers’ needs. Furthermore, the Radeon 780M supports faster refresh rates , accommodating the rapid advancements in display technology. Gamers can enjoy buttery-smooth transitions, minimized lag, and unparalleled responsiveness, ensuring a competitive edge in fast-paced gaming scenarios. Additionally, the incorporation of advanced AI enhancements further elevates the gaming experience. The intelligent performance optimizations dynamically adjust in real-time to varying gameplay demands. This means smoother gameplay experiences, even in the face of the most graphically demanding titles. As developers increasingly harness these advancements to create more realistic and complex game worlds, the Radeon 780M is positioned as a pivotal tool in unlocking these possibilities. For gamers and tech enthusiasts alike, AMD’s latest GPU signifies a giant leap towards the future of gaming, hinting at endless possibilities and new horizons on the digital landscape. Discover the Future of Gaming with AMD’s Revolutionary Radeon 780M The gaming industry is ever-evolving, and with technological advancements like the newly launched AMD Radeon 780M, it’s experiencing another leap forward. As players delve into this next-gen GPU, there’s much more beyond its core features that gamers, developers, and tech aficionados should explore. Here’s an in-depth look at the game-changing aspects of the Radeon 780M that are gaining attention. Cutting-Edge Features of the Radeon 780M With the integration of AMD’s latest RDNA 3 architecture, the Radeon 780M promises unparalleled graphical performance. Key features include: – Enhanced Ray-Tracing Capabilities : This ensures more realistic reflections and textures, which are pivotal for modern gaming aesthetics. – AI-Powered Optimizations : Real-time intelligent adjustments optimize performance seamlessly, even with high-demand gaming titles. – Faster Refresh Rates : Designed to support new display technology, gamers can enjoy ultra-smooth animations and reduced input lag for an edge in competitive gameplay. Market Analysis: Radeon 780M’s Position The introduction of the Radeon 780M positions AMD competitively in the market, not only against NVIDIA but also within the eco-friendly tech space. The improved power efficiency strategies resonate with environmentally conscious gamers, aligning gaming needs with sustainable practices. Pricing and Availability Trends While precise pricing details are yet to be publicly disclosed, AMD’s previous pricing strategies suggest that the Radeon 780M will be priced at a competitive point to attract both mainstream and performance-driven gamers. Prediction insights hint at potential bundled offerings with gaming laptops and desktops in upcoming holiday seasons to expand its reach. Potential Limitations Despite its impressive features, the Radeon 780M may face challenges such as: – Compatibility with Older Systems : As with any next-gen technology, compatibility with legacy systems may require additional upgrades or compromises. – Supply Constraints : Given ongoing chip shortages, availability might initially be limited, impacting early adopters looking to upgrade promptly. Innovative Gaming Use Cases The Radeon 780M’s advanced capabilities are set to unlock new possibilities in areas such as: – Virtual Reality : Enhancing VR gaming with more lifelike environments and responsive gameplay. – Multiplayer Gaming : With quick refresh rates and AI optimizations, multiplayer gaming becomes more immersive and fluid. Final Thoughts and Predictions The Radeon 780M sets a promising precedent for future graphics card innovations. As developers tap into its advanced capabilities, gamers can expect more dynamic and complex game worlds, driving the industry towards an era of unprecedented realism and engagement. For further updates and insights on AMD’s latest technologies, visit the official AMD website . Stay tuned as the Radeon 780M continues to redefine the gaming landscape.
NEW YORK (AP) — Top-ranked chess player Magnus Carlsen is headed back to the World Blitz Championship on Monday after its governing body agreed to loosen a dress code that got him fined and denied a late-round game in another tournament for refusing to change out of jeans. Lamenting the contretemps, International Chess Federation President Arkady Dvorkovich said in a statement Sunday that he’d let World Blitz Championship tournament officials consider allowing “appropriate jeans” with a jacket, and other “elegant minor deviations” from the dress code. He said Carlsen’s stand — which culminated in his quitting the tournament Friday — highlighted a need for more discussion “to ensure that our rules and their application reflect the evolving nature of chess as a global and accessible sport.” Carlsen, meanwhile, said in a video posted Sunday on social media that he would play — and wear jeans — in the World Blitz Championship when it begins Monday. “I think the situation was badly mishandled on their side,” the 34-year-old Norwegian grandmaster said. But he added that he loves playing blitz — a fast-paced form of chess — and wanted fans to be able to watch, and that he was encouraged by his discussions with the federation after Friday’s showdown. “I think we sort of all want the same thing,” he suggested in the video on his Take Take Take chess app’s YouTube channel. “We want the players to be comfortable, sure, but also relatively presentable.” The events began when Carlsen wore jeans and a sportcoat Friday to the Rapid World Championship, which is separate from but held in conjunction with the blitz event. The chess federation said Friday that longstanding rules prohibit jeans at those tournaments, and players are lodged nearby to make sartorial switch-ups easy if needed. An official fined Carlsen $200 and asked him to change pants, but he refused and wasn’t paired for a ninth-round game, the federation said at the time. The organization noted that another grandmaster, Ian Nepomniachtchi, was fined earlier in the day for wearing sports shoes, changed and continued to play. Carlsen has said that he offered to wear something else the next day, but officials were unyielding. He said “it became a bit of a matter of principle,” so he quit the rapid and blitz championships. In the video posted Sunday, he questioned whether he had indeed broken a rule and said changing clothes would have needlessly interrupted his concentration between games. He called the punishment “unbelievably harsh.” “Of course, I could have changed. Obviously, I didn’t want to,” he said, and “I stand by that.”LISBON For the first time in its history, Türkiye has signed a contract to export military ships to a member of both the EU and NATO, Portugal. Under the agreement, signed Tuesday in Lisbon, Türkiye will design and build two auxiliary oiler replenisher and logistics vessels for the Portuguese Navy, with Ankara-based defense technologies company STM serving as prime contractor. The contract signing ceremony was attended by STM General Manager Ozgur Guleryuz, as well as the head of Türkiye's Undersecretariat for Defense Industries (SSM), Haluk Gorgun, Portugal's Chief of Naval Staff Adm. Henrique Gouveia e Melo and Carlos Felix, representative of the Portuguese Defense Industries Agency. Speaking at the event, SSM Secretary Gorgun emphasized Türkiye’s priority to strengthen defense industry cooperation with NATO allies. Türkiye, one of the world's 10 countries capable of building its own warships, is now exporting them to friendly and allied nations, Gorgun said. "These two ships will enhance the Portuguese Navy’s operational effectiveness at sea, improve its resilience, and enable it to respond swiftly to various missions, including humanitarian efforts, training exercises, and joint operations with other allies," he added. Adm. Gouveia e Melo highlighted the potential for deeper defense collaborations between Türkiye and Portugal, particularly in maritime and unmanned systems. "These collaborations can help both nations reach new markets and contribute to their economies, technological sovereignty, and capacities as allied countries," he said, also underscoring the strategic importance of Türkiye's Black Sea gateway and Portugal's position at the Mediterranean’s western entrance. STM’s Guleryuz noted the company’s significant contributions to the Turkish Navy via locally designed and produced platforms, as well as its involvement in naval projects for Ukraine, Malaysia, and Pakistan. Ship features and capabilities With their innovative design and versatile mission functionality, the logistics support ships will be capable of performing joint power transfer, amphibious operations, and replenishment at sea. The construction of the replenishment at sea and logistics support ships, regarded as a milestone in showcasing Türkiye's advanced military naval engineering, will feature a modular design. Thanks to their modular, unique, and adaptable structures, the ships will also support tasks such as humanitarian aid, search and rescue missions, and serving as hospital ships during crises. Equipped with an integrated communication system, the ships will provide command and control capabilities. The construction of the vessels, which will feature higher speed and cargo capacity compared to other ships of similar size, will begin in Türkiye in 2025 under STM's leadership as the prime contractor. The ships will measure 137 meters in length, have a displacement of 11,000 tons, and achieve a maximum speed exceeding 18 knots. They will be capable of continuous operation at sea for up to 90 days, accommodating 100 onboard personnel and an additional 100 external personnel. The ships will also have the capacity to carry up to 20 light tactical armored vehicles and will be equipped with sensor and weapon systems for various combat scenarios, particularly air defense. Key armaments will include close-in air defense systems, 12.7-millimeter remote-controlled weapon systems, and chaff/decoy systems. Additionally, the ships will feature platforms and hangars to accommodate helicopters and unmanned aerial vehicles (UAVs).
Chess grandmaster Magnus Carlsen returns to a tournament after a dispute over jeans is resolvedA few months ago, I logged into my online Securus account to send an electronic message to a friend in a Washington State prison. To my shock, I found the word “blocked” on my account and I was not able to send any messages. The block came just a few weeks after I had published an article with Truthout on censorship inside of prisons and had sent the finished article to some of my sources over the e-messaging system. It’s hard to know for sure, but the block is either the result of my journalism, or it is a result of facilitating a book club that connects people inside with those on the outside. Since my Truthout article was about how difficult prisons make it to access information, especially for LGBTQ+ people, the block seems ironic, to say the least. People in prison do not have direct access to the internet or to any standard email services, nor can they generally receive phone calls. Instead, any communication other than paper mail ( which is increasingly rare ) takes place over services managed by for-profit companies like Aventiv, ViaPath and IC Solutions . If one of these services chooses to implement a block on an account, as in my case, an outside user cannot send e-messages, put money on a loved one’s books or pay for phone calls — for anyone who lives in a prison, anywhere in the United States, that uses the service that has implemented the block. The only remedy for this is apparently to appeal to the state Department of Corrections (DOC), but unsurprisingly, there is no obvious method for such an appeal available to an outside family member or friend. Figuring out how to appeal required several calls and emails, and in the end, did not yield any change to my situation. This block is inhibiting my ability to do my work, and more than that, it’s isolating my friends in prison from contact with the outside world. Censorship in prisons has expanded with the monopolization of prison communications in the hands of only a few private companies. For instance, the services I use the most — JPay and Securus — are under the parent company of the behemoth Aventiv. I have not yet found any information on how blocks like this are processed and how frequent they are, but it seems the Washington State Department of Corrections did not actually mean to block me from communicating with people in other states. That is just a side effect of monopolization. When Aventiv implements a block, it is companywide, meaning that I’m unable to message anyone who uses JPay or Securus, or where the phone service is provided by either Aventiv company, even though Washington State does not even use JPay. Half of all states that have e-messages in their prisons (22) use JPay as their e-message provider. Meanwhile, 42 percent of phone calls are managed by Securus, meaning that my block is a significant barrier to communicating with a large segment of the total prison population. According to the Securus helpline, blocks like this are not uncommon. My ban was upheld on appeal (an email) because I was sharing messages that included more than one person in the prison. Not only is barring people in prison from communicating with one another enforced in more draconian ways than in the past, but prisons are increasingly banning people on the outside from being in contact with more than one person in prison. Given the reality that almost 2 million people are imprisoned in the U.S. each year and the disproportionate impact of the criminal legal system on particular communities, it is arbitrary for prisons and communication companies to act as though no one will have two family members or two close friends in prison at the same time. It is also unfair and punitive to further limit the outside support available to those inside. My rule-breaking activities were related to the Abolitionist Book Club , a reading group that brings together people inside and outside prisons. I co-founded the group in 2023 with a close friend of mine, Vincent “Tank” Sherrill, who lives in a Washington State prison, and another outside organizer, Matthew Charlebois. Our original goal was to create a space for political education about abolition for our comrades outside and inside prison through reading Mariame Kaba and Andrea Ritchie’s book No More Police together. We have since finished the book and become a tight-knit community who meets together virtually once a month to grow our abolitionist imaginations through our relationships with each other. Organizing a group like this is not easy. Our meetings are held over Zoom, with each person in prison joining the video call via a buddy system with the outside members. We were pleasantly surprised that everyone in the prison received the copies of the book despite its title, but as soon as we held our first online meeting, book club members at the Washington Corrections Center for Women received a warning from the facility’s investigator telling them that they were not allowed to participate in this “illegal book club.” One member came to a second meeting — mainly to talk about how to proceed — and was punished with a major infraction (reduced to a minor infraction upon her appeal). This member submitted a formal proposal to the prison to make the group official, since our work fits the prison’s definition of “pro-social behavior” that it supposedly encourages, but she never received a response to the proposal and was not able to join any more of our discussions. After this intimidation, members from the women’s prison were too afraid to join our meetings, but punishment of some members of the book club did not stop us. The Abolitionist Book Club continues, building solidarity and shared analysis between comrades inside and outside prison. This experience has affirmed the value of doing collective work, rather than individual or even centralized work. I was the main outside instigator of the Abolitionist Book Club, and most of the first contacts were mine. I’m proud, though, that as we have grown, everyone in the group has taken ownership and I’m no longer any more central than anyone else. This meant that when I was cut off, other people in the group were ready to step in. Being formally cut off from my friends and comrades inside has been yet another lesson about creating dense webs of relationships rather than jealously guarding our relationships or contacts; it’s much harder for the DOC to destroy that whole web than to sever one particular line of communication. I would love to say that if we organize in this way, the DOC can’t touch us, but unfortunately that’s not true. Since the block, it has been much harder to be in touch with some of my close friends in prison, and I have dearly missed talking regularly with these folks. Nonetheless, I’m thankful for not being totally cut off since I am still able to communicate with the help of others in the book club. The block has a direct impact on my journalism as well as my personal relationships. It would be bad enough if I had only been blocked from communication inside Washington State, where I’m working with people on various projects, but I also can’t send messages to people I know in Michigan or in Missouri. Even worse, I can’t reach out to speak to people in any state or facility that uses an Aventiv service to report on their experiences, unless I reach out to them via another friend of theirs. That, however, would be third party contact , which is the same rule I’m accused of violating. I am stuck either continuing to violate that rule or ceasing to do journalism about the experiences of people in prison. Like so many people before me, most especially those in prison themselves, I have been censored by the prison for writing about censorship in the prison. I am outraged that this has happened; that the prison has extended its reach to censor those of us outside prison in this way is dangerous and disturbing. But the real travesty here is the regular , ongoing censorship that people in prison are subjected to daily, like the women in our book club who were cut off from one of the few sources of outside support and communication available to them. Worse yet, people in prison don’t necessarily have a way of knowing why I’m not responding to them — and Aventiv takes their money to send messages that are not delivered. I keep receiving emails from JPay telling me that someone has sent me a message, but I’m unable to read these messages. One person has been released from prison altogether after sending me a message I couldn’t read, and we’ve completely lost touch. The monopolization of communication technologies combined with the system’s bans on “double contact” significantly expands the existing regime that destroys relationships between people in prison and their communities on the outside. Ultimately, the result of blocking communication is to keep people in prison away from those who want to offer support, and away from people like me who might be able to tell their story to the broader world.
NEWCASTLE, England (AP) — Newcastle’s winning run in the English Premier League came to an abrupt end when goals from Thomas Souček and Aaron Wan-Bissaka gave West Ham a surprise 2-0 win at St. James’ Park on Monday. The Hammers rose into 14th place and the pressure on coach Julen Lopetegui was eased. The London club has been inconsistent all season and Monday’s win was just its fourth in 12 league games. West Ham was worth the win in the end but the three points came courtesy of slack defending by the home side. Emerson whipped in an out-swinging corner after 10 minutes and, with Newcastle defenders rooted to the spot, Souček stole in to nod home the opener. Then eight minutes into the second half, captain Jarrod Bowen found Wan-Bissaka in the penalty box and he was left unchallenged and had time to fire an angled drive past Nick Pope. Newcastle brought on Harvey Barnes, and then Callum Wilson returned from a long-term back injury to make his first appearance of the season but to no avail. The defeat ended a three-game winning streak for Newcastle and left the Saudi Arabia-owned club in ninth place, four points outside the top four. AP soccer: https://apnews.com/hub/soccer
FOXBOROUGH, Mass. (AP) — The NFL removed New England Patriots safety Jabrill Peppers from the commissioner exempt list on Monday, making him eligible to participate in practice and play in the team’s games. Peppers missed seven games since being placed on the list on Oct. 9 after he was arrested and charged with shoving his girlfriend’s head into a wall and choking her. The league said its review is ongoing and is not affected by the change in Peppers’ roster status. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Thomas scores 27 as Morgan State downs Campbell 86-76
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