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Man City goalkeeper Ederson causes CHAOS after charging out of his box and leaving an open goal for Feyenoord's equaliser in 3-3 draw Manchester City threw away a three-goal lead in their draw against Feyenoord City goalkeeper Ederson charged out and left an open goal for the visitors SOCCER A-Z: Listen now wherever you get your podcasts, or watch on YouTube. New episodes every Wednesday and Friday By JAMES COHEN Published: 18:29 EST, 26 November 2024 | Updated: 18:30 EST, 26 November 2024 e-mail View comments Manchester City goalkeeper Ederson was left red-faced after charging out and leaving an open goal for Feyenoord to score a crucial equaliser. Pep Guardiola 's side had lost five matches in a row, in all competitions, prior to the Champions League clash and looked as though they were going to change that. An Ilkay Gundogan strike and Erling Haaland brace secured put the hosts in the driving seat at the Etihad stadium. However, Feyenoord hit back with three goals in the final 15 minutes of regular time to ensure that Guardiola's side did not leave with all three points. City goalkeeper Ederson will feel he played a large part in the Dutch giants taking a point from the match after rushing out of his goal to allow them to equalise. In the dying moments of the match, the Brazilian charged out of his goal but mistimed his run, which allowed David Hancko to put the ball into an empty net. Manchester City goalkeeper will feel at fault for their capitulation against Feyenoord The Brazilian came charging out of his goal but missed the ball to allow their equalising goal INCREDIBLE SCENES AT THE ETIHAD! 😳 From 3-0 down, Feyenoord are now DRAWING 3-3 with Man City! #UCLonPrime pic.twitter.com/pMUCrA0jLD — Amazon Prime Video Sport (@primevideosport) November 26, 2024 It was a curious decision from the City stopper and fans were quick to respond on social media. 'What was Ederson doing?' one fan asked as they shared a screenshot of Ederson flying out of his box. 'There's a reason why Ederson is behind Alisson in the Brazil national team pecking order,' another supporter said. Dragging another City player into the debate, one user wrote: 'Ederson and Gvardiol have genuinely bottled a 3-0 lead. That is impressive'. Speaking on the goal, Stuart Pearce told Amazon Prime: 'The line is so high, no pressure on the ball, they've helped it round the corner, the line's not straight, he's played onside and all you can see is black shirts around the box.' 'City play an aggressive high line, if you play that ad your players are full of confidence they'll know when to come up and when to stay with the runners. 'When the confidence is shaken a, little bit, you hold that line and you think "should I stay or not" and that hesitation costs you a goal.' Earlier in the game, Haaland took his goal tally for the campaign up to 17 goals after bagging a first-half brace against the visitors. City had looked in cruise control prior to a frantic 15-minute period at the end of the match Pep Guardiola's side are now six games without a win as they now head to title rivals Liverpool The first came from the penalty spot before he later slid in to convert from close range to double his tally on the night - prior to City's capitulation. Gundogan also found the back of the net after a deflected volley found its way past the Feyennord defence and goalkeeper. Erling Haaland Champions League Ilkay Gundogan Share or comment on this article: Man City goalkeeper Ederson causes CHAOS after charging out of his box and leaving an open goal for Feyenoord's equaliser in 3-3 draw e-mail Add commentNone

California’s card rooms lost a costly legislative fight this year as they sought to kill a bill that would allow their competitors — tribal casinos — to sue them. But that didn’t stop the gambling halls from punishing a handful of lawmakers for their votes after Gov. Gavin Newsom signed the gambling bill into law. In an extraordinary display of political retribution, California’s card room industry spent more than $3 million in the lead-up to the November election to oppose four lawmakers who played key roles in the bill’s passage. Three of the candidates targeted by the card rooms ended up losing, including the rare defeat of an incumbent Democratic senator. “We really don’t want to be the sort of, you know, the Rodney Dangerfield of industries. We want to be respected,” said Keith Sharp, a lawyer for the Hawaiian Gardens Casino, a card room in Los Angeles County. “We (will) work hard to continue to gain respect and protect our employees, protect our cities, protect our businesses.” To the card rooms, the three defeats were a sign their money was well spent, even if the cash went to purely punitive purposes. Case in point: Two of the lawmakers who lost their races were vacating their Assembly seats and were running in non-legislative races. Had they won, it’s unlikely they’d deal very often with card room-related issues. Tribes have long outspent card rooms in state politics. Tribes have given candidates for state office more than $23.5 million since 2014. That’s more than double what oil companies have given the state’s politicians during the same years. Card rooms have spent only a fraction as much. More recently, tribes have contributed $6.3 million to candidates since January 2023, while card rooms have donated at least $1.3 million. Those funds don’t include the $3 million the card rooms spent targeting the four candidates this fall. The cash the card rooms poured into the four races sends a message to lawmakers that they’re also capable of spending big, including on political vengeance, said former Democratic Assemblymember Mike Gatto. “Any time you have a group essentially announcing to the world that they are going to do vengeance spending, it does cause lawmakers to pay attention,” he said. Card Rooms vs. Tribal Casinos Explained The bill Newsom signed, Senate Bill 549 , gives tribes the ability to ask a judge to decide whether card rooms are allowed to operate table games such as black jack and pai gow poker. The tribes, which will be able to sue beginning Jan. 1, say California voters gave them exclusive rights to host those games, but they’ve been unable to sue the state’s 80 or so card rooms because tribes are sovereign governments. The stakes are high since some cities receive nearly half of their budgets from taxes on card rooms, meaning a tribal victory in court could jeopardize money for police, firefighters and other local services. The card rooms insist their games are legal, but they also worry the cost of court fights could force them out of business. Facing what they saw as an existential threat, card rooms responded to the bill’s introduction last year with a massive lobbying blitz. Hawaiian Gardens Casino alone spent $9.1 million on lobbying, the second highest amount reported to state regulators last year. Only international oil giant Chevron Corp. spent more. Despite losing the legislative battle, card rooms spent more than $3 million on attack ads, text messages, mailers and other outreach to voters targeting the four candidates. The card rooms also bought ads supporting candidates running against them. The ads came from independent expenditure committees funded by the card rooms. Under state and federal election rules, organizations not affiliated with a candidate can spend unlimited amounts of money supporting or opposing candidates through advertisements and other tactics as long as the actions are not coordinated with the candidate’s campaign. Card Rooms Blast Candidates With Attack Ads Only one candidate, Laurie Davies , a Republican from Oceanside, won her race for reelection despite the card room’s cash onslaught. And just barely. Only 3,870 out of 230,546 total votes separated her from her Democratic challenger, Chris Duncan. The card rooms spent at least $1.3 million on outreach boosting Duncan and slamming Davies, according to state campaign finance reports. One mailer said she was aligned with “anti-choice radicals,” “MAGA extremists” and “Big Oil.” Davies infuriated card rooms when she cast a vote that let the gambling bill advance out of a committee this summer, despite having a cardroom in her district. Outgoing Democratic Assemblymember Evan Low of Cupertino faced similar attacks in his failed congressional bid. Low sat on the same Assembly committee as Davies and voted this summer for the gambling bill. Low also had a major cardroom in his Assembly district. Low’s campaign didn’t return a message seeking comment. We have launched our year-end campaign. Our goal: Raise $50,000 by Dec. 31. Help us get there. Times of San Diego is devoted to producing timely, comprehensive news about San Diego County. Your donation helps keep our work free-to-read, funds reporters who cover local issues and allows us to write stories that hold public officials accountable. Join the growing list of donors investing in our community's long-term future. The card rooms spent at least $500,000 on ads attacking Low, according to the card rooms. The card rooms also went after termed-out Democratic Assemblymember Brian Maienschein in his failed bid for San Diego city attorney. The card rooms spent at least $443,000 opposing Maienschein. He got on the card rooms’ bad side when he cast a key vote that let the bill advance from the Assembly Judiciary Committee, which Maienschein chaired. Sharp, the lawyer for Hawaiian Gardens, said Maienschein also refused to meet with him and other card room representatives before the vote. Maienschein didn’t return messages. A TV ad from the card rooms attacked Maienschein for his voting record before he switched his party affiliation from Republican to Democrat in 2019. Fullerton Democratic Sen. Josh Newman, the lead author of the gambling bill , wasn’t spared even though he represented a competitive district that was important to the Democratic Party. The card rooms spent nearly $900,000 in that race on ads and mailers opposing Newman and supporting his Republican opponent, Steven Choi, according to the card rooms and campaign finance reports. Newman, the state’s most vulnerable senator who’d been recalled from office once before, ended up losing to Choi by 6,075 votes out of the 458,615 cast in the race. It was the first time since 1980 that a Republican flipped a Democratic senate seat in a presidential election. Newman had a $6 million fundraising advantage over Choi. Choi raised just $856,000. In one card-room funded TV ad, Newman was portrayed as being soft on crime, and it attacked him for voting to give benefits to “illegal immigrants” In an interview with CalMatters, Newman said he didn’t think the card room ads made as much of an impact on the race as another independent expenditure committee that opposed him with more than $1 million from a prominent public employee union . But Newman acknowledged the card rooms probably did send at least some voters to Choi. “The margins probably matter in a race as close as mine,” Newman said. Still, Newman told CalMatters he has no regrets about introducing the bill despite the blowback and the possible impact the card rooms had in his senate race. Newman said he believes the tribes deserve their day in court. But he said he doesn’t see the logic in the card rooms spending so much money on races after they already lost their fight in the Legislature. “The question really is: If you shut the barn door after the horse is out, who are you really punishing?” he said. Ryan Sabalow is a Digital Democracy reporter for CalMatters . CalMatters data reporter Jeremia Kimelman contributed to this story. Get Our Free Daily Email Newsletter Get the latest local and California news from Times of San Diego delivered to your inbox at 8 a.m. daily. Sign up for our free email newsletter and be fully informed of the most important developments.Postmaster general visibly covers his ears amid criticism from GOP lawmaker

SANTA CLARA, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the third quarter ended September 30, 2024. “Recently, we launched our Conversational AI SDK in collaboration with OpenAI’s Realtime API to allow developers to bring voice-driven AI experiences to any app. We believe multimodal AI agents that can interact with human through natural voice will gain widespread adoption across many use cases such as customer support, education and wellness, and Agora is well positioned to become a key infrastructure provider for real-time conversational AI,” said Tony Zhao, founder, chairman and CEO of Agora. “To support this vision, we recently made some structural changes, aligning our organization to fully leverage the accelerating conversational AI opportunities, and operate in a faster, leaner, and more responsive fashion. These changes will help us build the next generation real-time engagement technology for the Generative AI era and strengthen our position as the leader in real-time engagement space.” Third Quarter 2024 Highlights Third Quarter 2024 Financial Results Revenues Total revenues were $31.6 million in the third quarter of 2024, a decrease of 9.8% from $35.0 million in the same period last year. Revenues of Agora were $15.7 million in the third quarter of 2024, an increase of 2.6% from $15.3 million in the same period last year, primarily due to our business expansion and usage growth in sectors such as live shopping. Revenues of Shengwang were RMB112.9 million ($15.9 million) in the third quarter of 2024, a decrease of 20.0% from RMB141.2 million ($19.7 million) in the same period last year, primarily due to a decrease in revenues of RMB 17.5 million ($2.4 million) due to the end-of-sale of certain products and reduced usage from customers in certain sectors such as social and entertainment as a result of challenging macroeconomic and regulatory environment. Cost of Revenues Cost of revenues was $10.5 million in the third quarter of 2024, a decrease of 16.4% from $12.6 million in the same period last year, primarily due to the end-of-sale of certain products and the decrease in bandwidth usage and costs, which was offset partially by severance expenses for customer support teams of $0.3 million. Gross Profit and Gross Margin Gross profit was $21.0 million in the third quarter of 2024, a decrease of 6.1% from $22.4 million in the same period last year. Gross margin was 66.7% in the third quarter of 2024, an increase of 2.7% from 64.0% in the same period last year, mainly due to the end-of-sale of certain low-margin products, which was offset partially by higher severance expenses in the third quarter of 2024. Operating Expenses Operating expenses were $45.9 million in the third quarter of 2024, an increase of 24.3% from $36.9 million in the same period last year, primarily due to the increase in restructuring and severance expenses in the third quarter of 2024, which included share-based compensation of $11.4 million as a result of the cancellation of certain employees’ equity awards and immediate recognition of relevant remaining unrecognized compensation expenses, as well as severance expenses of $4.4 million. Loss from Operations Loss from operations was $24.7 million in the third quarter of 2024, compared to $13.9 million in the same period last year. Interest Income Interest income was $3.9 million in the third quarter of 2024, compared to $4.9 million in the same period last year, primarily due to the decrease in the average balance of cash, cash equivalents, bank deposits and financial products issued by banks and the decrease in average interest rate realized. Losses from equity in affiliates Losses from equity in affiliates were $4.2 million in the third quarter of 2024, primarily due to an impairment loss on an investment in certain private company of $4.1 million. Net Loss Net loss was $24.2 million in the third quarter of 2024, compared to $22.5 million in the same period last year. Net Loss per American Depositary Share attributable to ordinary shareholders Net loss per American Depositary Share (“ADS”)1 attributable to ordinary shareholders was $0.26 in the third quarter of 2024, compared to $0.23 in the same period last year. 1 One ADS represents four Class A ordinary shares. Share Repurchase Program During the three months ended September 30, 2024, the Company repurchased approximately 6.8 million of its Class A ordinary shares (equivalent to approximately 1.7 million ADSs) for approximately US$3.9 million under its share repurchase program, representing 1.9% of its US$200 million share repurchase program. As of September 30, 2024, the Company had repurchased approximately 129.4 million of its Class A ordinary shares (equivalent to approximately 32.3 million ADSs) for approximately US$113.7 million under its share repurchase program, representing 57% of its US$200 million share repurchase program. As of September 30, 2024, the Company had 368.3 million ordinary shares (equivalent to approximately 92.1 million ADSs) outstanding, compared to 449.8 million ordinary shares (equivalent to approximately 112.5 million ADSs) outstanding as of January 31, 2022 before the share repurchase program commenced. The current share repurchase program will expire at the end of February 2025. Executive Leadership Update Today the Company announced that Chief Security Officer Roger Hale will be leaving the Company, effective immediately. Mr. Hale has served in this role for the past 2.5 years, during which he made significant contributions to enhancing the Company’s security, compliance, and data protection protocols. Mr. Hale will work closely with senior leadership to ensure a smooth transition of his responsibilities. Moving forward, Patrick Ferriter and Robbin Liu will assume responsibility for security and compliance, reflecting the Company’s commitment to maintaining a strong and effective security framework. Mr. Hale will continue to provide strategic advice as an advisor to the Company. “We are grateful for Roger’s dedication and expertise over the past two and a half years. His leadership has been invaluable in strengthening our security & compliance foundation,” said Tony Zhao, founder, chairman and CEO of Agora. “Security and compliance remain top priorities for Agora, and we will continue to uphold the highest standards to protect our customers and stakeholders.” Financial Outlook Based on currently available information, the Company expects total revenues for the fourth quarter of 2024 to be between $34 million and $36 million, compared to $31.6 million in the third quarter of 2024, and $33.3 million in the fourth quarter of 2023 if revenues from certain end-of-sale low-margin products were excluded. The Company also expects significant improvement in net income / (loss) in the fourth quarter. This outlook reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change. Earnings Call The Company will host a conference call to discuss the financial results at 5 p.m. Pacific Time / 8 p.m. Eastern Time on November 25, 2024. Details for the conference call are as follows: Event title: Agora, Inc. 3Q 2024 Financial Results The call will be available at https://edge.media-server.com/mmc/p/wie28zvr Investors who want to hear the call should log on at least 15 minutes prior to the broadcast. Participants may register for the call with the link below. https://register.vevent.com/register/BIf58a0b6f500c4362b1a8c64f9fa4cea8 Please visit the Company’s investor relations website at https://investor.agora.io on November 25, 2024 to view the earnings release and accompanying slides prior to the conference call. Use of Non-GAAP Financial Measures The Company has provided in this press release financial information that has not been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”). The Company uses these non-GAAP financial measures internally in analyzing its financial results and believe that the use of these non-GAAP financial measures is useful to investors as an additional tool to evaluate ongoing operating results and trends and in comparing its financial results with other companies in its industry, many of which present similar non-GAAP financial measures. Besides free cash flow (as defined below), each of these non-GAAP financial measures represents the corresponding GAAP financial measure before share-based compensation expenses, acquisition related expenses, amortization expenses of acquired intangible assets, income tax related to acquired intangible assets and impairment of goodwill. The Company believes that such non-GAAP financial measures help identify underlying trends in its business that could otherwise be distorted by the effects of such share-based compensation expenses, acquisition related expenses, amortization expenses of acquired intangible assets, income tax related to acquired intangible assets and impairment of goodwill that it includes in its cost of revenues, total operating expenses and net income (loss). The Company believes that all such non-GAAP financial measures also provide useful information about its operating results, enhance the overall understanding of its past performance and future prospects and allow for greater visibility with respect to key metrics used by its management in its financial and operational decision-making. Non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP financial measures and should be read only in conjunction with the Company’s consolidated financial statements prepared in accordance with GAAP. A reconciliation of its historical non-GAAP financial measures to the most directly comparable GAAP measures has been provided in the tables captioned “Reconciliation of GAAP to Non-GAAP Measures” included at the end of this press release, and investors are encouraged to review the reconciliation. Definitions of the Company’s non-GAAP financial measures included in this press release are presented below. Non-GAAP Net Income (Loss) Non-GAAP net income (loss) is defined as net income (loss) adjusted to exclude share-based compensation expenses, acquisition related expenses, amortization expenses of acquired intangible assets, income tax related to acquired intangible assets and impairment of goodwill. Free Cash Flow Free cash flow is defined as net cash provided by operating activities less purchases of property and equipment (excluding the acquisition of land use right and the payment for the headquarters project). The Company considers free cash flow to be a liquidity measure that provides useful information to management and investors regarding net cash provided by operating activities and cash used for investments in property and equipment required to maintain and grow the business. Operating Metrics The Company also uses other operating metrics included in this press release and defined below to assess the performance of its business. Active Customers An active customer at the end of any period is defined as an organization or individual developer from which the Company generated more than $100 of revenue during the preceding 12 months. Customers are counted based on unique customer account identifiers. Generally, one software application uses the same customer account identifier throughout its life cycle while one account may be used for multiple applications. Dollar-Based Net Retention Rate Dollar-Based Net Retention Rate is calculated for a trailing 12-month period by first identifying all customers in the prior 12-month period, and then calculating the quotient from dividing the revenue generated from such customers in the trailing 12-month period by the revenue generated from the same group of customers in the prior 12-month period. As the vast majority of revenue generated from Agora’s customers is denominated in U.S. dollars, while the vast majority of revenue generated from Shengwang’s customers is denominated in Renminbi, Dollar-Based Net Retention Rate is calculated in U.S. dollars for Agora and in Renminbi for Shengwang, which has substantially removed the impact of foreign currency translations. Shengwang excluded the revenues from certain end-of-sale products, Easemob’s CEC business and K12 academic tutoring sector. The Company believes Dollar-Based Net Retention Rate facilitates operating performance comparisons on a period-to-period basis. Safe Harbor Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding the Company’s financial outlook, beliefs and expectations. Forward-looking statements include statements containing words such as “expect,” “anticipate,” “believe,” “project,” “will” and similar expressions intended to identify forward-looking statements. Among other things, the Financial Outlook in this announcement contain forward-looking statements. These forward-looking statements are based on the Company’s current expectations and involve risks and uncertainties. The Company’s actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks related to the growth of the RTE-PaaS market; the Company’s ability to manage its growth and expand its operations; the continued impact of COVID-19 on global markets and the Company’s business, operations and customers; the Company’s ability to attract new developers and convert them into customers; the Company’s ability to retain existing customers and expand their usage of its platform and products; the Company’s ability to drive popularity of existing use cases and enable new use cases, including through quality enhancements and introduction of new products, features and functionalities; the Company’s fluctuating operating results; competition; the effect of broader technological and market trends on the Company’s business and prospects; general economic conditions and their impact on customer and end-user demand; and other risks and uncertainties included elsewhere in the Company’s filings with the Securities and Exchange Commission (“SEC”), including, without limitation, the final prospectus related to the IPO filed with the SEC on June 26, 2020. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and the Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof. About Agora, Inc. Agora, Inc. is the Cayman Islands holding company of two independent divisions, under Agora brand and Shengwang brand, respectively, whose businesses are conducted through separate entities. Headquartered in Santa Clara, California, Agora is a pioneer and global leader in Real-Time Engagement Platform-as-a-Service (PaaS), providing developers with simple, flexible, and powerful application programming interfaces, or APIs, to embed real-time voice, video, interactive live-streaming, chat, whiteboard, and artificial intelligence capabilities into their applications. Headquartered in Shanghai, China, Shengwang is a pioneer and leading Real-Time Engagement PaaS provider in the China market. For more information on Agora, please visit: www.agora.io For more information on Shengwang, please visit: www.shengwang.cn Agora, Inc. Condensed Consolidated Balance Sheets (Unaudited, in US$ thousands) Agora, Inc. Condensed Consolidated Statements of Comprehensive Loss (Unaudited, in US$ thousands, except share and per ADS amounts) Agora, Inc. Condensed Consolidated Statements of Cash Flows (Unaudited, in US$ thousands) Agora, Inc. Reconciliation of GAAP to Non-GAAP Measures (Unaudited, in US$ thousands, except share and per ADS amounts) Investor Contact: investor@agora.io Media Contact: press@agora.io

State Rep. Susan Valdés, a former school board member who was reelected as a Democrat last month, said on X that she is “tired of being the party of protesting.” Valdés ran to be chairperson for her local county’s Democratic executive committee earlier this month. She won her current term by nearly 5 percentage points but can't run for reelection again because of term limits. Republicans have controlled the governor’s office and both branches of the Legislature since 1999. Valdés is serving her final two years before leaving office due to term limits. Republicans now have an 86-34 majority in the House. “I got into politics to be part of the party of progress,” Valdés wrote. “I know that I won’t agree with my fellow Republican House members on every issue, but I know that in their caucus, I will be welcomed and treated with respect.” House Speaker Daniel Perez reposted Valdés’ statement and welcomed her into the House, where Republicans have a supermajority of 86-34. House Democratic Leader Fentrice Driskell said she was surprised and disappointed by Valdés’ announcement. “It is sad that she has elevated her own aspirations above the needs of her district,” Driskell wrote in a statement on X.Global Cooling Fabrics Market Set For 10.9% Growth, Reaching $4.98 Billion By 2028Gaetz withdraws as Trump's pick for attorney general, averting confirmation battle in the Senate

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Ivana Bacik had separate meetings with Fianna Fail leader Micheal Martin and Fine Gael leader Simon Harris on Tuesday afternoon. Fianna Fail, which won 48 seats in last month’s general election, and Fine Gael, which secured 38 seats, headed up the last coalition in Dublin and are expected to continue that partnership into the next mandate. However, with a combined 86 seats, they are just short of the 88 required for a majority in the Dail parliament. If they wish to return to government together, they would need one smaller party as a junior partner, or a handful of independents. Both Fianna Fail and Fine Gael have ruled out doing business with Sinn Fein, which won 39 seats. The centre-left Social Democrats and Irish Labour Party, both of which won 11 seats in the election, are seen as the only two realistic options if Fianna Fail and Fine Gael seek to convince a smaller party to join the coalition. In a statement, the Labour Party said Ms Bacik outlined key policy priorities in her meetings with Taoiseach Mr Harris and Tanaiste Mr Martin. “There was discussion in both meetings on policies and manifesto commitments on housing, health, climate, workers’ rights and disability services among other issues,” said the statement. “The parliamentary party will meet at 1pm on Friday where the party leader will provide an assessment of engagement to date and consider the outcome of these meetings.” A spokesman for Mr Harris said there had been a “constructive engagement” with Ms Bacik. “The Taoiseach is grateful for the time and engagement on a range of substantial policy issues,” he said. The spokesman said Mr Harris had also met independent TDs who are aligned together in what is called the regional group. “These meetings have been productive,” he added. Mr Harris and party colleagues are due to meet the Social Democrats on Wednesday. Fianna Fail deputy leader Jack Chambers and Fine Gael deputy leader Helen McEntee met on Tuesday evening for discussions on government formation, with the parties’ full negotiating teams set to meet on Wednesday. Fine Gael said the meeting between Ms McEntee and Mr Chambers was “positive” and focused on the “structure and format” of the substantive negotiations going forward. When the two parties entered coalition for the first time after the last general election in 2020, there was only a three-seat difference in their relative strength. That resulted in an equal partnership at the head of the coalition, with the Green Party as the junior partner. The two main parties swapped the role of taoiseach halfway through the term. With Fianna Fail’s lead over Fine Gael having grown to 10 seats following this election, focus has turned to the future of the rotating taoiseach arrangement and whether it will operate again in the next mandate and, if so, on what basis. There are similar questions around the distribution of ministries and other roles. While Mr Martin has so far refused to be drawn on the specifics, he has suggested that he expects Fianna Fail’s greater strength of numbers to be reflected in the new administration. However, Mr Harris has insisted that Fine Gael’s mandate cannot be taken for granted when it comes to government formation. Richard Boyd Barrett from People Before Profit-Solidarity, which won three seats, urged Labour not to “prop up” up a Fianna Fail/Fine Gael administration. “We think that’s a huge mistake,” he told reporters in Dublin. “They shouldn’t do it. They should learn the lessons of the past and actually work with other parties of the left to form a decent left opposition to Fianna Fail and Fine Gael and campaign on the issues that matter.” His party colleague Paul Murphy pointed to the experience of the Green Party, which lost all but one of its 12 seats in the election. “In reality, what is going to happen is a changing of the mudguard for Fianna Fail and Fine Gael,” he said. “And for those who are now auditioning to be a new mudguard for Fianna Fail and Fine Gael, there is a very, very sharp and stark lesson in what happened to the Green Party – obviously almost entirely wiped out. “We think it is a very major mistake for anyone who has the perception of being left, with the votes of people who are looking left, to seek to go into coalition with Fianna Fail and Fine Gael.”Bank of America downgraded AMD on Monday, citing higher competitive risk in the AI market. AWS customers' low demand for AMD AI chips and Nvidia dominance impact AMD's growth potential. AMD could still succeed due to Nvidia supply issues and its server chip market position. Advertisement Bank of America downgraded AMD after a Business Insider report raised concerns about demand for the tech company's AI chips. Analysts at BofA cut AMD shares to a "neutral," citing "higher competitive risk" in the AI market, according to an analyst note published on Monday. Advertisement BofA analysts also lowered their AMD GPU sales forecast for next year to $8 billion, from $8.9 billion, implying a roughly 4% market share. AMD's stock dropped roughly 5.6% on Monday, after falling about 2% on Friday. Its shares are down about 5% so far this year. The declines follow BI's report on Friday that said Amazon Web Services was "not yet" seeing strong enough customer demand to deploy AMD's AI chips through its cloud platform. Advertisement Bank of America cited this AWS customer-demand issue, alongside Nvidia 's dominance and the growing preference for custom chips from Marvell and Broadcom, as factors limiting AMD's growth potential. "Recently largest cloud customer Amazon strongly indicated its preference for alternative custom (Trainium/ MRVL) and NVDA products, but a lack of strong demand for AMD," the Bank of America note said, referring to AWS's in-house AI chip Trainium and its close partnerships with Marvell and Nvidia. An AMD spokesperson didn't respond to a request for comment on Monday. Advertisement AMD recently increased its GPU sales forecast, just a year after launching its line of AI chips. But its GPU market share is still far behind Nvidia's. Bank of America said AMD could still succeed in the AI chip market, in part due to Nvidia's supply constraints and premium pricing, making it a strong alternative, especially for internal cloud workloads. It also said AMD is well positioned in the server chip market, as rival Intel continues to struggle. Do you work at Amazon? Got a tip? Advertisement Contact the reporter, Eugene Kim, via the encrypted-messaging apps Signal or Telegram ( +1-650-942-3061 ) or email ( ekim@businessinsider.com ). Reach out using a nonwork device. Check out Business Insider's source guide for other tips on sharing information securely.