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AUSTIN, Texas, Nov. 25, 2024 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. ("BigCommerce") BIGC , a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands, today announced the following upcoming investor conference presentations. Chief Financial Officer Daniel Lentz will present and host meetings with institutional investors at: UBS Global Technology and AI Conference on Tuesday, December 3, 2024 at 4:15 p.m. Mountain Time (5:15 p.m. Central Time) Raymond James TMT & Consumer Conference on Monday, December 9, 2024 at 9:20 a.m. Eastern Time (8:20 a.m. Central Time) Chief Executive Officer Travis Hess and Chief Financial Officer Daniel Lentz will present and host meetings with institutional investors at: Barclays Global Technology Conference on Thursday, December 12, 2024 at 9:15 a.m. Pacific Time (11:15 a.m. Central Time) Live webcasts of the presentations will be accessible from the BigCommerce investor relations website at https://investors.bigcommerce.com . Following the events, replays will be made available at the same location. About BigCommerce BigCommerce is a leading open SaaS and composable ecommerce platform that empowers brands and retailers of all sizes to build, innovate and grow their businesses online. BigCommerce provides its customers sophisticated enterprise-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2C and B2B companies across 150 countries and numerous industries rely on BigCommerce, including Burrow, Coldwater Creek, Harvey Nichols, King Arthur Baking Co., MKM Building Supplies, United Aqua Group and Uplift Desk. For more information, please visit www.bigcommerce.com or follow us on X and LinkedIn . BigCommerce® is a registered trademark of BigCommerce Pty. Ltd. Third-party trademarks and service marks are the property of their respective owners. Media Relations Contact Investor Relations Contact Brad Hem Tyler Duncan PR@BigCommerce.com InvestorRelations@BigCommerce.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Scale AI, a San Francisco-based artificial intelligence startup with a $13.8 billion valuation and high-profile partnerships across the tech industry, is facing a class-action lawsuit alleging wage theft and worker misclassification. The lawsuit, filed Tuesday in San Francisco Superior Court by former contractor Steve McKinney , names Scale AI and its top executives, including 27-year-old billionaire CEO Alexandr Wang, as defendants. McKinney alleges Scale built its success by exploiting workers, accusing the company of practices like unpaid labor, denied overtime and unfair reassignments. As such, the lawsuit seeks class-action certification, restitution, punitive damages and changes to Scale's worker classification model, according to SFGate, which reported this on Friday. "Scale AI is the sordid underbelly propping up the generative AI industry," the complaint states, describing the company's control over contractors as "Orwellian." It accuses Scale of monitoring contractors with tools that take periodic screenshots of their computer use, docking pay for tasks that exceed estimated time limits and reassigning workers to lower-paying projects. The lawsuit also claims Scale violated California's "ABC" test for independent contractors, asserting that workers like McKinney should be classified as employees. Scale spokesperson Tom Channick responded to the allegations. "We do not comment on litigation but are committed to ensuring we are in full compliance with all applicable laws and regulations," he told SFGate in a statement, adding that contractors working for Scale enjoy flexible, supplemental income and earn significant sums. The lawsuit underscores the darker side of the AI industry's rapid growth, noting the disturbing and at times traumatic tasks contractors are sometimes assigned. McKinney's complaint alleges, for example, that workers are assigned to projects "that deal with obscene and distressing subject matter, where Taskers must provide responses to prompts regarding extremely disturbing topics." The document provides the example of "sexual intercourse with dead animals." Channick countered the claims, stating that workers receive advanced notice about sensitive tasks, can opt out at any time and have access to wellness programs. However, McKinney's attorney, Glenn Danas , said in a news release quoted by SFGate that such tasks are traumatizing for workers. "If companies like Scale AI are not held accountable, humans will continue to be exploited to train this unregulated technology for profit," Danas said. Scale AI, founded in 2016, positioned itself as a frontrunner in the AI industry, years before OpenAI's ChatGPT gained popularity. According to Fortune , Scale contractors annotated images for Cruise and Waymo , aiding autonomous vehicle tech and supplied data for OpenAI. With a $13.8 billion valuation, Scale partners with Meta Platforms, Microsoft, Nvidia and the Department of Defense . Now Read : Peter Thiel Says, ‘The Biggest Risk With AI Is That We Don’t Go Big Enough’ As His Founders Fund Leads $600 Million Crusoe Investment Image generated with AI © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Activating Your Credit Card? Don’t Skip the Mobile Wallet StepNew reliever Jordan Romano ready to go ‘electric’ for Phillies
BJP conspiring to delete votes of AAP supporters, alleges KejriwalDURHAM, N.C. (AP) — Toby Fournier scored a season-high 27 points and collected nine rebounds to lead No. 8 Duke to an 81-59 victory over Virginia Tech on Sunday in the Atlantic Coast Conference opener for both teams. Fournier, a freshman forward, shot 12 of 17 from the floor in an off-the-bench effort to power the Blue Devils (9-2, 1-0 ACC). Oluchi Okananwa added 12 points and 12 rebounds, while Delaney Thomas chipped in 14 points. Reigan Richardson finished with just five points but dished out a career-high-tying seven assists. Carleigh Wenzel paced the Hokies (7-3, 0-1) with 19 points, while Carys Baker had 11 points and six rebounds. Duke: The Blue Devils bounced back from their loss at No. 3 South Carolina with a decisive victory and improved to 24-4 when opening ACC play at Cameron Indoor Stadium. Virginia Tech: Duke's stingy defense kept the Hokies from getting to their offensive actions consistently, leading them to turn the ball over 18 times while shooting a season-worst 14.3% from 3-point range. After trailing by three points early, Duke outscored Virginia Tech 32-10 on a run that bled into the second quarter. Fournier kickstarted the spurt for the Blue Devils with a layup in traffic, totaling 10 points and five rebounds over the 12-minute stretch. Duke entered this game ranking 15th nationally in 3-point shooting with a 38.8% clip and 18th nationally in assists per game with an average of 18.5. The Blue Devils had a positive assist-turnover ratio for the eighth time this season, and they improved to 5-0 when shooting north of 40% from behind the arc. Duke hosts Wofford on Dec. 18. Virginia Tech hosts Radford on Sunday. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP women’s college basketball: https://apnews.com/hub/ap-top-25-womens-college-basketball-poll and https://apnews.com/hub/womens-college-basketballROSE BOWL
DC Heroes Role Playing Game Celebrates 40 Years With Deluxe ReprintThere is a war in Europe. There is a desperate dictator looking to expand conflict to avoid scrutiny of his mission failure, a petty buffer country warlord pressed into service at the frontier of Poland, a propaganda machine silencing voices at home, convicts thrown at cannons, a neighbouring country being razed everywhere his forces tread, hundreds of thousands of casualties, a clear menace to global peace and rule of law festering 11 time zones across with a rogue mercenary army and leader sometimes fighting with the king, sometimes against. I listened to Spandau Ballet's Through the Barricades yesterday, and it's becoming an anthem of the moment when I think (as I do daily) about the destruction and slaughter in Europe. The folly of internecine strife was sung about widely in the 80s, and the message is clear today, yet not a one of our artists can string together a message that can reach across the political propaganda the citizenry are fogged with. Even if the Russian youth aren't getting Truth on television, nothing will stop the music reaching them, it didn't in the Soviet era and it won't now. A token metro station busk from two ageing Dublin rockers who sympathised with "the Ukraine" is about all I've seen. No concerts, no concerted efforts, no piercing ballads, no words can't that be unheard, no message that won't be quieted, no thread for the oppressed to cling to and form a line against the forces of Putin's aristocracy. All I hear is how more weapons are needed. The rotten edifice of the Putin regime and his vast hordes of dependants, cronies and shills must totter, and it must from within and underneath. Getting the message to Russians that the world isn't how it is sold to them, that they are propping up and fueling a genocidal despot who will throw everyone to the wolves before he will back down, is necessary to stop the war, and its spread. Who will sing that song? Where is the collective spirit of the 80s, when political upheaval, now fondly portrayed through archive footage as a time of bad haircuts and denims, was characterized by an era when these unfashionable people united to overthrow oppressive regimes, when people lined an entire country with arms linked in the Baltic States, when walls fell and hope and optimism replaced xenophobia and paranoia, albeit only for the demon of Russian autocracy to crawl from under the toppled statue of Communist control, and a new form of xenophobia and delusion metastasized to seek to take away the threat of progressive society. An early video from a Ukrainian commander at the front stuck with me, he was asked by the reporter, what do you want? He said (and I approximate his accent) "Weepons, weepons, weepons". It's time for more weapons... weapons that reach the Russians in their homes, in their society, in their conversations, in their dreams. The only weapons that can do that are the songs we can't shut out, and that make us brave. Putin is not going away any time soon, even if he fails to conquer Ukraine. His fall has to be precipitated from within, as does that of Lukashenko, Medvedev, Prigozhin and all the petty warlords who move his chess pieces for him, and attack and threaten annihilation to preserve their power, and avoid their day of judgment. There's an arsenal of weapons, weapons, weapons out there, and they cost nothing to produce. Words are weapons, but no-one will use them. Where are the singers? Where are the songs? GrimReefer said: There is a war in Europe. There is a desperate dictator looking to expand conflict to avoid scrutiny of his mission failure, a petty buffer country warlord pressed into service at the frontier of Poland, a propaganda machine silencing voices at home, convicts thrown at cannons, a neighbouring country being razed everywhere his forces tread, hundreds of thousands of casualties, a clear menace to global peace and rule of law festering 11 time zones across with a rogue mercenary army and leader sometimes fighting with the king, sometimes against. I listened to Spandau Ballet's Through the Barricades yesterday, and it's becoming an anthem of the moment when I think (as I do daily) about the destruction and slaughter in Europe. The folly of internecine strife was sung about widely in the 80s, and the message is clear today, yet not a one of our artists can string together a message that can reach across the political propaganda the citizenry are fogged with. Even if the Russian youth aren't getting Truth on television, nothing will stop the music reaching them, it didn't in the Soviet era and it won't now. A token metro station busk from two ageing Dublin rockers who sympathised with "the Ukraine" is about all I've seen. No concerts, no concerted efforts, no piercing ballads, no words can't that be unheard, no message that won't be quieted, no thread for the oppressed to cling to and form a line against the forces of Putin's aristocracy. All I hear is how more weapons are needed. The rotten edifice of the Putin regime and his vast hordes of dependants, cronies and shills must totter, and it must from within and underneath. Getting the message to Russians that the world isn't how it is sold to them, that they are propping up and fueling a genocidal despot who will throw everyone to the wolves before he will back down, is necessary to stop the war, and its spread. Who will sing that song? Where is the collective spirit of the 80s, when political upheaval, now fondly portrayed through archive footage as a time of bad haircuts and denims, was characterized by an era when these unfashionable people united to overthrow oppressive regimes, when people lined an entire country with arms linked in the Baltic States, when walls fell and hope and optimism replaced xenophobia and paranoia, albeit only for the demon of Russian autocracy to crawl from under the toppled statue of Communist control, and a new form of xenophobia and delusion metastasized to seek to take away the threat of progressive society. An early video from a Ukrainian commander at the front stuck with me, he was asked by the reporter, what do you want? He said (and I approximate his accent) "Weepons, weepons, weepons". It's time for more weapons... weapons that reach the Russians in their homes, in their society, in their conversations, in their dreams. The only weapons that can do that are the songs we can't shut out, and that make us brave. Putin is not going away any time soon, even if he fails to conquer Ukraine. His fall has to be precipitated from within, as does that of Lukashenko, Medvedev, Prigozhin and all the petty warlords who move his chess pieces for him, and attack and threaten annihilation to preserve their power, and avoid their day of judgment. There's an arsenal of weapons, weapons, weapons out there, and they cost nothing to produce. Words are weapons, but no-one will use them. Where are the singers? Where are the songs? Click to expand... It's a good point to be fair. But there is a drought of politics in music in general, not just on this issue, and has been for the last twenty years. Most current musical artists tend shy away from polarizing sibjects for fear of causing offence. The result is a largely bland, sub X factor, anemic, plastic music scene. Rainmaker said: But there is a drought of politics in music in general, not just on this issue, and has been for the last twenty years. Most current musical artists tend shy away from polarizing sibjects for fear of causing offence. The result is a largely bland, sub X factor, anemic, plastic music scene. Click to expand... Yes, this was the underlying malaise I felt. This is no longer an era of political consciousness. Plenty of war pigs Every Ukrainian pop song ever: Sync said: Every Ukrainian pop song ever: Click to expand... Oh I'm sorry, was I not being funny? GrimReefer said: Yes, this was the underlying malaise I felt. This is no longer an era of political consciousness. Click to expand... So ironic that those who would pour the froth of derision or worse over any dissent either to the Right or the Left of the Neo-Liberal consensus, no matter how mild, find people's apathy around politics a malaise. Golah veNekhar said: So ironic that those who would pour the froth of derision or worse over any dissent either to the Right or the Left of the Neo-Liberal consensus, no matter how mild, find people's apathy around politics a malaise. Click to expand... Source? Carol of the Bells does it for me. It captures the peace and freedom Ukraine is fighting for. Yes a few ballads will repulse the Russians. Weapons, weapons, weapons. GrimReefer said: I listened to Spandau Ballet's Through the Barricades yesterday, and it's becoming an anthem of the moment when I think (as I do daily) about the destruction and slaughter in Europe. Click to expand... That was about the conflict in NI. The invasion of Ukraine does not directly involve an English speaking country, American soldiers etc so it might not pierce public conscious here, music, films etc in the same way as, say, the Vietnam War. Wars have always been the subject of song, There have been some in Ukraine for HIMARS, Javelin etc. Not yet English ones (except the HIMARS version of "Do it again") that I am aware of only in Ukrainian. US did a song with Pavarotti during the Bosnian War called Miss Sarajevo. In fact, a Ukrainian song indirectly about the war (or the 2014 period of it, with reference back to the Stalin's expulsion of the Tatars) won the Eurovision in 2016. Apparently the Russians were livid that the song was allowed to enter the contest, let alone win. GrimReefer said: There is a war in Europe. There is a desperate dictator looking to expand conflict to avoid scrutiny of his mission failure, a petty buffer country warlord pressed into service at the frontier of Poland, a propaganda machine silencing voices at home, convicts thrown at cannons, a neighbouring country being razed everywhere his forces tread, hundreds of thousands of casualties, a clear menace to global peace and rule of law festering 11 time zones across with a rogue mercenary army and leader sometimes fighting with the king, sometimes against. I listened to Spandau Ballet's Through the Barricades yesterday, and it's becoming an anthem of the moment when I think (as I do daily) about the destruction and slaughter in Europe. The folly of internecine strife was sung about widely in the 80s, and the message is clear today, yet not a one of our artists can string together a message that can reach across the political propaganda the citizenry are fogged with. Even if the Russian youth aren't getting Truth on television, nothing will stop the music reaching them, it didn't in the Soviet era and it won't now. A token metro station busk from two ageing Dublin rockers who sympathised with "the Ukraine" is about all I've seen. No concerts, no concerted efforts, no piercing ballads, no words can't that be unheard, no message that won't be quieted, no thread for the oppressed to cling to and form a line against the forces of Putin's aristocracy. All I hear is how more weapons are needed. The rotten edifice of the Putin regime and his vast hordes of dependants, cronies and shills must totter, and it must from within and underneath. Getting the message to Russians that the world isn't how it is sold to them, that they are propping up and fueling a genocidal despot who will throw everyone to the wolves before he will back down, is necessary to stop the war, and its spread. Who will sing that song? Where is the collective spirit of the 80s, when political upheaval, now fondly portrayed through archive footage as a time of bad haircuts and denims, was characterized by an era when these unfashionable people united to overthrow oppressive regimes, when people lined an entire country with arms linked in the Baltic States, when walls fell and hope and optimism replaced xenophobia and paranoia, albeit only for the demon of Russian autocracy to crawl from under the toppled statue of Communist control, and a new form of xenophobia and delusion metastasized to seek to take away the threat of progressive society. An early video from a Ukrainian commander at the front stuck with me, he was asked by the reporter, what do you want? He said (and I approximate his accent) "Weepons, weepons, weepons". It's time for more weapons... weapons that reach the Russians in their homes, in their society, in their conversations, in their dreams. The only weapons that can do that are the songs we can't shut out, and that make us brave. Putin is not going away any time soon, even if he fails to conquer Ukraine. His fall has to be precipitated from within, as does that of Lukashenko, Medvedev, Prigozhin and all the petty warlords who move his chess pieces for him, and attack and threaten annihilation to preserve their power, and avoid their day of judgment. There's an arsenal of weapons, weapons, weapons out there, and they cost nothing to produce. Words are weapons, but no-one will use them. Where are the singers? Where are the songs? Click to expand... Great OP. Vietnam was the bloody womb in which so many songs of protest and reflection were gestated. From Dylan to CCR to Buffalo Springfield and The Animals, to name just a few. Since then? Lots of war but no memorable music. Not a solitary memorable song. The Cranberries' 'Zombie' became a classic but that war was local. But back in the 1960's and 70s, the rising generation of the time discovered that street protest (and campus protest) gave them a voice and made their elders reflect more deeply on the 'why' of the war in Vietnam. It also influenced voting habits, pricked consciences and forced the supporters of the war to explain events and crimes like My Lai and agent orange. The music moved them along, protestors and writers/singers feeding off each other's angst. This one summed it up for me; Dame_Enda said: Click to expand... The video built around that song is extremely moving. When Pavarotti broke into song on the stage Bono turned aside and shed a tear or two. This is an interesting read on the subject of music and the Vietnam War: Why the Vietnam War Produced Such Iconic Music Technology played a role time.com GrimReefer said: There is a war in Europe. There is a desperate dictator looking to expand conflict to avoid scrutiny of his mission failure, a petty buffer country warlord pressed into service at the frontier of Poland, a propaganda machine silencing voices at home, convicts thrown at cannons, a neighbouring country being razed everywhere his forces tread, hundreds of thousands of casualties, a clear menace to global peace and rule of law festering 11 time zones across with a rogue mercenary army and leader sometimes fighting with the king, sometimes against. I listened to Spandau Ballet's Through the Barricades yesterday, and it's becoming an anthem of the moment when I think (as I do daily) about the destruction and slaughter in Europe. The folly of internecine strife was sung about widely in the 80s, and the message is clear today, yet not a one of our artists can string together a message that can reach across the political propaganda the citizenry are fogged with. Even if the Russian youth aren't getting Truth on television, nothing will stop the music reaching them, it didn't in the Soviet era and it won't now. A token metro station busk from two ageing Dublin rockers who sympathised with "the Ukraine" is about all I've seen. No concerts, no concerted efforts, no piercing ballads, no words can't that be unheard, no message that won't be quieted, no thread for the oppressed to cling to and form a line against the forces of Putin's aristocracy. All I hear is how more weapons are needed. The rotten edifice of the Putin regime and his vast hordes of dependants, cronies and shills must totter, and it must from within and underneath. Getting the message to Russians that the world isn't how it is sold to them, that they are propping up and fueling a genocidal despot who will throw everyone to the wolves before he will back down, is necessary to stop the war, and its spread. Who will sing that song? Where is the collective spirit of the 80s, when political upheaval, now fondly portrayed through archive footage as a time of bad haircuts and denims, was characterized by an era when these unfashionable people united to overthrow oppressive regimes, when people lined an entire country with arms linked in the Baltic States, when walls fell and hope and optimism replaced xenophobia and paranoia, albeit only for the demon of Russian autocracy to crawl from under the toppled statue of Communist control, and a new form of xenophobia and delusion metastasized to seek to take away the threat of progressive society. An early video from a Ukrainian commander at the front stuck with me, he was asked by the reporter, what do you want? He said (and I approximate his accent) "Weepons, weepons, weepons". It's time for more weapons... weapons that reach the Russians in their homes, in their society, in their conversations, in their dreams. The only weapons that can do that are the songs we can't shut out, and that make us brave. Putin is not going away any time soon, even if he fails to conquer Ukraine. His fall has to be precipitated from within, as does that of Lukashenko, Medvedev, Prigozhin and all the petty warlords who move his chess pieces for him, and attack and threaten annihilation to preserve their power, and avoid their day of judgment. There's an arsenal of weapons, weapons, weapons out there, and they cost nothing to produce. Words are weapons, but no-one will use them. Where are the singers? Where are the songs? Click to expand... Great OP. For info, the Spandau Ballet song was about the murder by a British soldier of a Belfast man who'd previously worked for Spandau Ballet on tour: "We had a guy called 'Kidso' (Thomas Reilly), who worked for us on merchandise during the True tour. He went back to Belfast after the tour and was killed. Kidso's brother, Jim, who played drums for Stiff Little Fingers, subsequently took me along to see his grave and the song was inspired by walking down the Falls Road . I got to experience some of the emotion of that first-hand and it just stuck with me. I didn't expect it to come out in the shape of a Romeo and Juliet sort of song, but it did." Click to expand... Gary Kemp: When we played Through the Barricades in Belfast the reaction was incredible With their acrimonious split behind them, Eighties supergroup Spandau Ballet are back on the road and play Northern Ireland next month. Songwriter Gary Kemp tells Andrew Johnston how the band did a lot of growing up and finally found closure. www.belfasttelegraph.co.uk British soldier sentenced to life - UPI Archives The first British soldier to be convicted of murder while on duty in Northern Ireland has been sentenced to life in prison for the 1983 slaying of a Roman... www.upi.com On your general point, I think it's typical of the trend to turn us all into passive consumers of professionally-produced, or at least suitably filtered material that has no political comment that might annoy someone. Sex is grand for selling to people, but politics is verboten. Hewson said: This is an interesting read on the subject of music and the Vietnam War: Why the Vietnam War Produced Such Iconic Music Technology played a role time.com Click to expand... Really good, thanks. I note the reference to the music technology of the time, music played was music shared. A record player meant everyone got exposed. Now everything is personalised, and privately consumed. What I'm missing these days is something that can cause a connection between people who are remote from the war, and people who are in the v centre of it. A video was posted earlier in the thread of some amusing animations and soldiers celebrating HIMARS use. That means nothing to me. But Fortunate Son (also posted earlier) connects with everyone. The article, if I'm reading it right, implies that there's plenty of protest music being written, however it's not very viral (read : "good"). It's becoming difficult to protest through music, in a social network society where youth is chasing a mirage of perfection and seeking envy from their exploits. Equally, the West is buried in throes of dealing with gender obsession as a political and social priority that brooks no second place in discussion or importance. I recall reading about a decade ago in some CNN report, buried in a longer article about who gets to use which toilets in the States, how someone had claimed that the "greatest human rights crisis in the world today" was trans rights. I snorted, wondering whether the speaker was aware that women could not drive (then) in Saudi Arabia, or that girls were being mutilated in Africa. Cut to present day, and the Taoiseach is declaring that civil servants need training in personal pronoun use. And the media and education industries are piling into this, chasing a dollar. Technology, through personalisation of content and response to click / play trends just fans the flames of whatever bandwagon is in town (apologies for the mixed metaphor). Careers are built by clinging to this narrative. Academics get jobs and research funding, consultants spring up, talking heads with no discernible talent are given platforms and objectors are exiled. And this exact phenomenon plays into the hands of Putin and company, who point to the weakness of the "West". As long as the air is being sucked out of the room by this phenomenon - the combination of money, technology and manufactured crises - the war and the underlying menace to a rules based, connected global society thrives without its basis being threatened. Where are the singers? Where are the songs? The answer my friend is blowin in the wind. petaljam said: On your general point, I think it's typical of the trend to turn us all into passive consumers of professionally-produced, or at least suitably filtered material that has no political comment that might annoy someone. Sex is grand for selling to people, but politics is verboten. Click to expand... The right to offend isn't so much suppressed as it is entirely one sided. I'm offended by virtue signaling, I'm offended by toxic victimhood. And they're untouchable. Hewson said: The video built around that song is extremely moving. When Pavarotti broke into song on the stage Bono turned aside and shed a tear or two. Click to expand... This is a song that I do feel reached me, the story of a fight to preserve humanity and happiness in the hell of Sarajevo. It also started me wanting to learn Italian because i wanted to feel the lyrics the way they were expressed. Music moves us in ways that rationale just can't. It's how we express our emotional side, and it encourages us to make emotional decisions, often in forms of bravery that are really acts against rationale. The oppressor always uses the rationale of their oppressed wanting survival against overwhelming power, and so accepting the oppression. The music rewrites how we see our strength and gives us another source of power to act. Music shared is a basis for joint action and solidarity.
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NEW YORK (AP) — President-elect Donald Trump’s recent dinner with Canadian Prime Minister Justin Trudeau and his visit to Paris for the reopening of the Notre Dame Cathedral were not just exercises in policy and diplomacy. They were also prime trolling opportunities for Trump. Throughout his first term in the White House and during his campaign to return, Trump has spun out countless provocative, antagonizing and mocking statements. There were his belittling nicknames for political opponents, his impressions of other political figures and the plentiful memes he shared on social media. Now that's he's preparing to return to the Oval Office, Trump is back at it, and his trolling is attracting more attention — and eyerolls. On Sunday, Trump turned a photo of himself seated near a smiling first lady Jill Biden at the Notre Dame ceremony into a social media promo for his new perfume and cologne line, with the tag line, “A fragrance your enemies can’t resist!” The first lady’s office declined to comment. When Trudeau hastily flew to Florida to meet with Trump last month over the president-elect's threat to impose a 25% tax on all Canadian products entering the U.S., the Republican tossed out the idea that Canada become the 51st U.S. state. The Canadians passed off the comment as a joke, but Trump has continued to play up the dig, including in a post Tuesday morning on his social media network referring to the prime minister as “Governor Justin Trudeau of the Great State of Canada.” After decades as an entertainer and tabloid fixture, Trump has a flair for the provocative that is aimed at attracting attention and, in his most recent incarnation as a politician, mobilizing fans. He has long relished poking at his opponents, both to demean and minimize them and to delight supporters who share his irreverent comments and posts widely online and cheer for them in person. Trump, to the joy of his fans, first publicly needled Canada on his social media network a week ago when he posted an AI-generated image that showed him standing on a mountain with a Canadian flag next to him and the caption “Oh Canada!” After his latest post, Canadian Immigration Minister Marc Miller said Tuesday: “It sounds like we’re living in a episode of South Park." Trudeau said earlier this week that when it comes to Trump, “his approach will often be to challenge people, to destabilize a negotiating partner, to offer uncertainty and even sometimes a bit of chaos into the well established hallways of democracies and institutions and one of the most important things for us to do is not to freak out, not to panic.” Even Thanksgiving dinner isn't a trolling-free zone for Trump's adversaries. On Thanksgiving Day, Trump posted a movie clip from “National Lampoon’s Christmas Vacation” with President Joe Biden and other Democrats’ faces superimposed on the characters in a spoof of the turkey-carving scene. The video shows Trump appearing to explode out of the turkey in a swirl of purple sparks, with the former president stiffly dancing to one of his favorite songs, Village People’s “Y.M.C.A." In his most recent presidential campaign, Trump mocked Florida Gov. Ron DeSantis, refusing to call his GOP primary opponent by his real name and instead dubbing him “Ron DeSanctimonious.” He added, for good measure, in a post on his Truth Social network: “I will never call Ron DeSanctimonious ‘Meatball’ Ron, as the Fake News is insisting I will.” As he campaigned against Biden, Trump taunted him in online posts and with comments and impressions at his rallies, deriding the president over his intellect, his walk, his golf game and even his beach body. After Vice President Kamala Harris took over Biden's spot as the Democratic nominee, Trump repeatedly suggested she never worked at McDonalds while in college. Trump, true to form, turned his mocking into a spectacle by appearing at a Pennsylvania McDonalds in October, when he manned the fries station and held an impromptu news conference from the restaurant drive-thru. Trump’s team thinks people should get a sense of humor. “President Trump is a master at messaging and he’s always relatable to the average person, whereas many media members take themselves too seriously and have no concept of anything else other than suffering from Trump Derangement Syndrome,” said Steven Cheung, Trump’s communications director. “President Trump will Make America Great Again and we are getting back to a sense of optimism after a tumultuous four years.” Though both the Biden and Harris campaigns created and shared memes and launched other stunts to respond to Trump's taunts, so far America’s neighbors to the north are not taking the bait. “I don’t think we should necessarily look on Truth Social for public policy,” Miller said. Gerald Butts, a former top adviser to Trudeau and a close friend, said Trump brought up the 51st state line to Trudeau repeatedly during Trump’s first term in office. “Oh God,” Butts said Tuesday, “At least a half dozen times.” “This is who he is and what he does. He’s trying to destabilize everybody and make people anxious,” Butts said. “He’s trying to get people on the defensive and anxious and therefore willing to do things they wouldn’t otherwise entertain if they had their wits about them. I don’t know why anybody is surprised by it.” Gillies reported from Toronto. Associated Press writer Darlene Superville contributed to this report./ NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES ./ CALGARY, AB , Nov. 25, 2024 /CNW/ - Tourmaline Oil Corp. TOU (" Tourmaline " or the " Selling Shareholder ") and Topaz Energy Corp. TPZ (" Topaz " or the " Company ") announced today that they have entered into an agreement with Peters & Co. Limited and BMO Capital Markets (the " Lead Underwriters "), on behalf of a syndicate of underwriters (together with the Lead Underwriters, the " Underwriters "), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, from Tourmaline 8,700,000 common shares of the Company (the " Common Shares ") at a price of $27.80 per Common Share (the " Offering Price ") for total gross proceeds to the Selling Shareholder of approximately $242 million (the " Offering "). The Underwriters will have an option to purchase up to an additional 15% of the Common Shares issued under the Offering at the Offering Price to cover over-allotments and for market stabilization purposes exercisable in whole or in part at any time until 30 days after the closing. The Company will not receive any of the proceeds of the Offering. The Selling Shareholder currently holds 45,149,494 common shares of Topaz, representing approximately 29.4% of the issued and outstanding common shares. Following the closing of the Offering, the Selling Shareholder will hold 36,449,494 common shares, representing approximately 23.8% of the issued and outstanding common shares of Topaz (22.9% if the over-allotment option is exercised in full). Tourmaline is selling the Common Shares as part of a long-term plan to reduce its equity position as Topaz develops and continues to succeed as an independent royalty and infrastructure company. Tourmaline will use the net proceeds of the Offering in part to fund its planned extensive NEBC infrastructure build-out, which is expected to add over 150,000 boepd of production over current levels in the next five years while maintaining net debt (1) at the long-term $1.5 billion target. The Offering will expand Topaz's free-trading share float and generate enhanced trading liquidity which is in-line with Topaz's structural objectives. The Common Shares will be offered by way of a short form prospectus to be filed in all of the provinces of Canada other than Quebec and may also be placed privately in the United States to "qualified institutional buyers" pursuant to Rule 144A of the United States Securities Act of 1933. The Offering is expected to close on or about December 11, 2024 and is subject to customary closing conditions including, the receipt of all necessary regulatory approvals, including the approval of the Toronto Stock Exchange. No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful. __________________________________________________ ( 1 ) "Net debt" is a capital management measure. See "Non-GAAP and Other Financial Measures" in this news release and Tourmaline's Q3 MD&A. Reader Advisories CURRENCY All amounts in this news release are stated in Canadian dollars unless otherwise specified. FORWARD-LOOKING INFORMATION This news release contains forward-looking statements and information (collectively, " forward-looking information ") within the meaning of applicable securities legislation, which reflects Tourmaline's and Topaz's current expectations regarding future events, including but not limited to the use of proceeds of the Offering, Tourmaline's planned extensive infrastructure build out in NEBC and the benefits of such build out including the incremental production growth, the timing for such incremental production growth and the ability to maintain long-term net debt targets, the date the Offering is expected to close and the anticipated benefits for Tourmaline and Topaz to be derived from Tourmaline's reduction in Topaz equity including that the Offering will expand Topaz's free-trading share float and generate enhanced trading liquidity. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Tourmaline's and Topaz's control that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, the factors discussed under "Risk Factors" in Tourmaline's and Topaz's most recently filed Management's Discussion and Analysis and Annual Information Form, which are available on SEDAR+ at www.sedarplus.ca . Tourmaline and Topaz do not undertake any obligations to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable laws. In this news release, production is presented on a "barrel of oil equivalent" or "BOE" basis. BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf:1 bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. In addition, as the value ratio between natural gas and crude oil based on the current prices of natural gas and crude oil is significantly different from the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be misleading as an indication of value. NON-GAAP AND OTHER FINANCIAL MEASURES This news release includes references to "net debt" which is considered a "capital management measure" and does not have a standardized meaning prescribed by International Financial Reporting Standards ("GAAP"). Tourmaline's management uses the term "net debt" as a key measure for evaluating Tourmaline's capital structure and to provide shareholders and potential investors with a measurement of total indebtedness. Accordingly, Tourmaline's use of this term may not be comparable to similarly defined measures presented by other companies. Investors are cautioned that this measure should not be construed as an alternative to or more meaningful than the most directly comparable GAAP measures in evaluating Tourmaline's performance. See "Non-GAAP and Other Financial Measures" in Tourmaline's most recent Management's Discussion and Analysis for more information on the definition and description of these terms. ABOUT TOURMALINE OIL CORP. Tourmaline is Canada's largest and most active natural gas producer dedicated to producing the lowest-cost natural gas in North America . We are an investment grade exploration and production company providing strong and predictable operating and financial performance through the development of our three core areas in the Western Canadian Sedimentary Basin. With our existing large reserve base, decades-long drilling inventory, relentless focus on execution and cost management, and industry-leading environmental performance, we are excited to provide shareholders an excellent return on capital, and an attractive source of income through our base dividend and surplus free cash flow distribution strategies. Website: www.tourmalineoil.com ABOUT TOPAZ ENERGY CORP. Topaz is a unique royalty and infrastructure energy company focused on generating free cash flow growth and paying reliable and sustainable dividends to its shareholders, through its strategic relationship with Canada's largest and most active natural gas producer, Tourmaline, an investment-grade senior Canadian E&P company, and leveraging industry relationships to execute complementary acquisitions from other high-quality energy companies. Topaz focuses on top-quartile energy resources and assets best positioned to attract capital in order to generate sustainable long-term growth and profitability. Topaz's common shares are listed and posted for trading on the TSX under the trading symbol "TPZ" and it is included in the S&P/TSX Composite Index. This is the headline index for Canada and is the principal benchmark measure for the Canadian equity markets, represented by the largest companies on the TSX. For further information, please visit the Company's website at www.topazenergy.ca . Topaz's SEDAR+ filings are available at www.sedarplus.ca . For further information pertaining to tourmaline, please contact: Tourmaline Oil Corp., Michael Rose , Chairman, President and Chief Executive Officer, (403) 266-5992 OR Tourmaline Oil Corp., Brian Robinson , Chief Financial Officer, (403) 767-3587; brian.robinson@tourmalineoil.com OR Tourmaline Oil Corp., Scott Kirker , Chief Legal Officer, (403) 767-3593; scott.kirker@tourmalineoil.com OR Tourmaline Oil Corp., Jamie Heard , Vice President, Capital Markets, (403) 767-5942; jamie.heard@tourmalineoil.com OR Tourmaline Oil Corp., Suite 2900, 250 – 6th Avenue S.W., Calgary, Alberta T2P 3H7, Phone: (403) 266-5992; Facsimile: (403) 266-5952, E-mail: info@tourmalineoil.com For further information pertaining to Topaz, please contact: Topaz Energy Corp., Marty Staples , President and Chief Executive Officer, (587) 747-4830; Cheree Stephenson , VP Finance and CFO, (587) 747-4830 SOURCE Tourmaline Oil Corp. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2024/25/c0279.html © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Notre Dame puts losing streak in past, turns focus to DartmouthSAN JOSE, Calif., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Nutanix, Inc. (“Nutanix”) (Nasdaq: NTNX), a leader in hybrid multicloud computing, today announced its intention to offer, subject to market conditions and other factors, $750 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Nutanix also expects to grant the initial purchasers of the notes an option to purchase up to an additional $112.5 million aggregate principal amount of the notes within a 13-day period from, and including, the initial issuance date of the notes. The notes will be unsecured senior obligations of Nutanix. Interest will be payable semi-annually in arrears. The notes will mature on December 15, 2029, unless earlier converted, redeemed, or repurchased. The notes will be convertible at the option of holders, subject to certain conditions and during certain periods. Upon conversion, the notes may be settled in cash, shares of Nutanix’s Class A common stock or a combination of cash and shares of Nutanix’s Class A common stock, at Nutanix’s election. The interest rate, initial conversion rate and other terms of the notes are to be determined at the time of the pricing of the offering. Nutanix intends to use the net proceeds from the offering to (i) repurchase a portion of its outstanding 0.25% Convertible Senior Notes due 2027 (the “2027 notes”) concurrently with the pricing of the offering in separate and privately negotiated transactions with certain holders of its 2027 notes (the “concurrent note repurchases”) effected through one of the initial purchasers of the notes or its affiliate, acting as Nutanix’s agent, and (ii) repurchase up to $200.0 million of shares of Nutanix’s Class A common stock in privately negotiated transactions with institutional investors effected through one of the initial purchasers of the notes or its affiliate, acting as Nutanix’s agent, at a price per share equal to the last reported sale price of Nutanix’s Class A common stock on the Nasdaq Global Select Market on the date of the pricing of the notes (the “Share Repurchase”). Any such Share Repurchase would not reduce the amount available for future repurchases under Nutanix’s existing share repurchase program. Nutanix intends to use the remaining net proceeds from the offering for general corporate purposes, including working capital, capital expenditures and potential acquisitions. From time to time, Nutanix evaluates potential acquisitions of businesses, technologies or products. Currently, however, Nutanix does not have any understandings or agreements with respect to any acquisitions. The terms of the concurrent note repurchases are anticipated to be individually negotiated with each holder of the 2027 notes participating in the concurrent note repurchases, and will depend on several factors, including the market price of Nutanix’s Class A common stock and the trading price of the 2027 notes at the time of each such concurrent note repurchase. Certain holders of any 2027 notes that Nutanix agrees to repurchase may have hedged their equity price risk with respect to such 2027 notes and may, concurrently with the pricing of the notes, unwind all or part of their hedge positions by buying Nutanix’s Class A common stock and/or entering into or unwinding various derivative transactions with respect to Nutanix’s Class A common stock. Any repurchase of the 2027 notes, and the potential related market activities by holders of the 2027 notes participating in the concurrent note repurchases, together with the repurchase by Nutanix of any of its Class A common stock concurrently with the pricing of the notes, could increase (or reduce the size of any decrease in) the market price of Nutanix’s Class A common stock, which may affect the trading price of the notes at that time and the initial conversion price of the notes. Nutanix cannot predict the magnitude of such market activity or the overall effect it will have on the price of the notes or its Class A common stock. No assurance can be given as to how much, if any, of the 2027 notes or the Class A common stock will be repurchased or the terms on which they will be repurchased. Neither the notes nor the shares of Nutanix’s Class A common stock potentially issuable upon conversion of the notes, if any, have been, or will be, registered under the Securities Act or the securities laws of any other jurisdiction, and unless so registered, may not be offered or sold in the United States, except pursuant to an applicable exemption from, or in a transaction not subject to, such registration requirements. This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation, or sale in any jurisdiction in which such offer, solicitation, or sale is unlawful. About Nutanix Nutanix is a global leader in cloud software, offering organizations a single platform for running applications and managing data, anywhere. With Nutanix, companies can reduce complexity and simplify operations, freeing them to focus on their business outcomes. Building on its legacy as the pioneer of hyperconverged infrastructure, Nutanix is trusted by companies worldwide to power hybrid multicloud environments consistently, simply, and cost-effectively. Forward-Looking Statements This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding Nutanix’s financing plans, Nutanix’s ability to complete the offering, the timing and size of the offering, the concurrent note repurchases and the Share Repurchase, Nutanix’s intended use of the net proceeds of the offering. These statements involve risks and uncertainties that could cause actual results to differ materially, including, but not limited to, whether Nutanix will be able to consummate the offering, the final terms of the offering, the satisfaction of customary closing conditions with respect to the offering of the notes, prevailing market conditions, the anticipated use of the net proceeds of the offering of the notes, which could change as a result of market conditions or for other reasons, and the impact of general economic, industry or political conditions in the United States or internationally. Forward-looking statements may be identified by the use of the words “may,” “will,” “expect,” “intend,” and other similar expressions. These forward-looking statements are based on estimates and assumptions by Nutanix’s management that, although believed to be reasonable, are inherently uncertain and subject to a number of risks. Actual results may differ materially from those anticipated or predicted by Nutanix’s forward-looking statements. All forward-looking statements are subject to other risks detailed in Nutanix’s Annual Report on Form 10-K for the fiscal year ended July 31, 2024, and the risks discussed in Nutanix’s other filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, and Nutanix undertakes no obligation to revise or update this news release to reflect events or circumstances after the date hereof, except as required by applicable law. © 2024 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or unregistered trademarks of Nutanix, Inc. (“Nutanix”) in the United States and other countries. Other brand names or marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This press release is for informational purposes only and nothing herein constitutes a warranty or other binding commitment by Nutanix. Investor Contact: Richard Valera ir@nutanix.com Media Contact: Lia Bigano pr@nutanix.com
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