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Does Jersey Mike's Really Have Gluten-Free Options?Ruben Amorim warned “the storm will come” eventually as Manchester United’s head coach tried to temper expectations ahead of the trip to Arsenal. The 39-year-old has been a breath of fresh air since succeeding Erik ten Hag, with his personality and approach, coupled with promising early performances, bringing hope back to Old Trafford. Amorim has been touched by his warm welcome but repeatedly urged fans to avoid jumping the gun, having followed a draw at Ipswich with home wins against Bodo/Glimt and Everton. Wednesday’s trip to Arsenal is comfortably his biggest challenge yet and victory would see United move within three points of the Premier League title contenders. Put to Amorim it will be hard to manage expectations if they won in the capital, the head coach said: “I would like to say different things, but I have to say it again: the storm will come. “I don’t know if you use that expression, but we are going to have difficult moments and we will be found out in some games. “And I know that because I’m knowing my players and I know football and I follow football, so I understand the difference between the teams. “We are in the point in that we are putting simple things in the team, without training, and you feel it in this game against Everton, they change a little bit the way they were building up. “They are very good team, and we were with a lot of problems because we cannot change it by calling one thing to the captain. A midweek trip to the capital awaits 🚆 || — Manchester United (@ManUtd) “So, we don’t have this training, so let’s focus on each game, on the performance, what we have to improve, trying to win games. And that is the focus. “I know it’s really hard to be a Manchester United coach and say these things in press conferences. We want to win all the time. No matter what. “We are going to try to win, but we know that we are in a different point if you compare to Arsenal. “So, it is what it is and we will try to win it and we go with confidence to win, but we know that we need to play very well to win the next football match.” The trip to Arsenal is the second of nine December matches for United, who are looking to avoid suffering four straight league defeats to the Gunners for the first time. The Red Devils have not won a Premier League match at the Emirates Stadium since 2017, but Amorim knows a thing or two about frustrating Mikel Arteta’s men. Arsenal thrashed Sporting Lisbon 5-1 in the Champions League last week, but in 2022-23 he led the Portuguese side to a Europa League last-16 penalty triumph after a 1-1 draw in London made it 3-3 on aggregate. “Arsenal this year, they play a little bit different,” Amorim said. “They are more fluid. “For example, two years ago when we faced them with Sporting, you knew how to press because you can understand better the structure. “Now it’s more fluid with (Riccardo) Calafiori and (Jurrien) Timber in different sides. One coming inside, the other going outside. Also (Martin) Odegaard changed the team, and you can feel it during this season. “So, you can take something from that game, especially because I know so well the opponent so you can understand the weakness of that team. “But every game is different, so you take something, but you already know that you are going to face a very good team.” This hectic winter schedule means Amorim sidestepped talk of January transfer business ahead of facing Arsenal, although he was more forthcoming on Amad Diallo’s future. The 22-year-old, who put in a man of the match display in Sunday’s 4-0 win against Everton, is out of contract at the end of the season, although the club holds an option to extend by a year. Diallo has repeatedly spoken of his desire to stay at United and it has been reported an agreement is close. Amorim said: “I think he wants to stay, and we want him to stay. So that is clear and we will find a solution.”NEW YORK (AP) — President-elect Donald Trump’s lawyers formally asked a judge Monday to throw out his hush money criminal conviction , arguing that continuing the case would present unconstitutional “disruptions to the institution of the Presidency.“ In a filing made public Tuesday, Trump’s lawyers told Manhattan Judge Juan M. Merchan that anything short of immediate dismissal would undermine the transition of power, as well as the “overwhelming national mandate” granted to Trump by voters last month. They also cited President Joe Biden’s recent pardon of his son, Hunter Biden, who had been convicted of tax and gun charges . “President Biden asserted that his son was ‘selectively, and unfairly, prosecuted,’ and ‘treated differently,’” Trump’s legal team wrote. Manhattan District Attorney Alvin Bragg, they claimed, had engaged in the type of political theater “that President Biden condemned.” Related Articles Prosecutors will have until Dec. 9 to respond. They have said they will fight any efforts to dismiss the case but have indicated a willingness to delay the sentencing until after Trump’s second term ends in 2029. In their filing Monday, Trump’s attorneys dismissed the idea of holding off sentencing until Trump is out of office as a “ridiculous suggestion.” Following Trump’s election victory last month, Merchan halted proceedings and indefinitely postponed his sentencing, previously scheduled for late November, to allow the defense and prosecution to weigh in on the future of the case. He also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. Trump has been fighting for months to reverse his conviction on 34 counts of falsifying business records to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier. He says they did not and denies any wrongdoing. The defense filing was signed by Trump lawyers Todd Blanche and Emil Bove, who represented Trump during the trial and have since been selected by the president-elect to fill senior roles at the Justice Department. Taking a swipe at Bragg and New York City, as Trump often did throughout the trial, the filing argues that dismissal would also benefit the public by giving him and “the numerous prosecutors assigned to this case a renewed opportunity to put an end to deteriorating conditions in the City and to protect its residents from violent crime.” Clearing Trump, the lawyers added, would also allow him to “to devote all of his energy to protecting the Nation.” Merchan hasn’t yet set a timetable for a decision. He could decide to uphold the verdict and proceed to sentencing, delay the case until Trump leaves office, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court or choose some other option. An outright dismissal of the New York case would further lift a legal cloud that at one point carried the prospect of derailing Trump’s political future. Last week, special counsel Jack Smith told courts that he was withdrawing both federal cases against Trump — one charging him with hoarding classified documents at his Florida estate, the other with scheming to overturn the 2020 presidential election he lost — citing longstanding Justice Department policy that shields a president from indictment while in office. The hush money case was the only one of Trump’s four criminal indictments to go to trial, resulting in a historic verdict that made him the first former president to be convicted of a crime. Prosecutors had cast the payout as part of a Trump-driven effort to keep voters from hearing salacious stories about him. Trump’s then-lawyer Michael Cohen paid Daniels. Trump later reimbursed him, and Trump’s company logged the reimbursements as legal expenses — concealing what they really were, prosecutors alleged. Trump has said the payments to Cohen were properly categorized as legal expenses for legal work. A month after the verdict, the Supreme Court ruled that ex-presidents can’t be prosecuted for official acts — things they did in the course of running the country — and that prosecutors can’t cite those actions to bolster a case centered on purely personal, unofficial conduct. Trump’s lawyers cited the ruling to argue that the hush money jury got some improper evidence, such as Trump’s presidential financial disclosure form, testimony from some White House aides and social media posts made during his first term. Prosecutors disagreed and said the evidence in question was only “a sliver” of their case. If the verdict stands and the case proceeds to sentencing, Trump’s punishments would range from a fine to probation to up to four years in prison — but it’s unlikely he’d spend any time behind bars for a first-time conviction involving charges in the lowest tier of felonies. Because it is a state case, Trump would not be able to pardon himself once he returns to office.
CHRISTMAS is almost here, and finding Christmas gifts that are perfect for every member of the family can feel like a daunting task -especially when you're keeping an eye on costs. But gift-giving doesn’t have to mean emptying your bank. Whether you're shopping for fun-filled activities, thoughtful trinkets, or practical offers to spark smiles, there are plenty of budget-friendly options that cater to everyone on your gift list. In this article, we'll be discovering a mix of creative and cost-effective ways to make the festive season special. After all, the best presents are about the thought, not price tags. Ready to tick off your Christmas shopping list while keeping your budget intact? Ensure your Christmas shop is hassle-free this year and find our options below. Toybox Shop holiday deals at Toybox If you're looking for the ultimate family gadget to add to your home for the festive season, meet Toybox . 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Plus discover amazing new services and products when you visit the website today.NEW YORK (AP) — President-elect Donald Trump’s lawyers formally asked a judge Monday to throw out his hush money criminal conviction , arguing that continuing the case would present unconstitutional “disruptions to the institution of the Presidency.“ In a filing made public Tuesday, Trump’s lawyers told Manhattan Judge Juan M. Merchan that anything short of immediate dismissal would undermine the transition of power, as well as the “overwhelming national mandate” granted to Trump by voters last month. They also cited President Joe Biden’s recent pardon of his son, Hunter Biden, who had been convicted of tax and gun charges . “President Biden asserted that his son was ‘selectively, and unfairly, prosecuted,’ and ‘treated differently,’” Trump’s legal team wrote. Manhattan District Attorney Alvin Bragg, they claimed, had engaged in the type of political theater “that President Biden condemned.” Prosecutors will have until Dec. 9 to respond. They have said they will fight any efforts to dismiss the case but have indicated a willingness to delay the sentencing until after Trump’s second term ends in 2029. In their filing Monday, Trump’s attorneys dismissed the idea of holding off sentencing until Trump is out of office as a “ridiculous suggestion.” Following Trump’s election victory last month, Merchan halted proceedings and indefinitely postponed his sentencing, previously scheduled for late November, to allow the defense and prosecution to weigh in on the future of the case. He also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. Trump has been fighting for months to reverse his conviction on 34 counts of falsifying business records to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier. He says they did not and denies any wrongdoing. The defense filing was signed by Trump lawyers Todd Blanche and Emil Bove, who represented Trump during the trial and have since been selected by the president-elect to fill senior roles at the Justice Department. Taking a swipe at Bragg and New York City, as Trump often did throughout the trial, the filing argues that dismissal would also benefit the public by giving him and “the numerous prosecutors assigned to this case a renewed opportunity to put an end to deteriorating conditions in the City and to protect its residents from violent crime.” Clearing Trump, the lawyers added, would also allow him to “to devote all of his energy to protecting the Nation.” Merchan hasn’t yet set a timetable for a decision. He could decide to uphold the verdict and proceed to sentencing, delay the case until Trump leaves office, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court or choose some other option. An outright dismissal of the New York case would further lift a legal cloud that at one point carried the prospect of derailing Trump’s political future. Last week, special counsel Jack Smith told courts that he was withdrawing both federal cases against Trump — one charging him with hoarding classified documents at his Florida estate, the other with scheming to overturn the 2020 presidential election he lost — citing longstanding Justice Department policy that shields a president from indictment while in office. The hush money case was the only one of Trump’s four criminal indictments to go to trial, resulting in a historic verdict that made him the first former president to be convicted of a crime. Prosecutors had cast the payout as part of a Trump-driven effort to keep voters from hearing salacious stories about him. Trump’s then-lawyer Michael Cohen paid Daniels. Trump later reimbursed him, and Trump’s company logged the reimbursements as legal expenses — concealing what they really were, prosecutors alleged. Trump has said the payments to Cohen were properly categorized as legal expenses for legal work. A month after the verdict, the Supreme Court ruled that ex-presidents can’t be prosecuted for official acts — things they did in the course of running the country — and that prosecutors can’t cite those actions to bolster a case centered on purely personal, unofficial conduct. Trump’s lawyers cited the ruling to argue that the hush money jury got some improper evidence, such as Trump’s presidential financial disclosure form, testimony from some White House aides and social media posts made during his first term. Prosecutors disagreed and said the evidence in question was only “a sliver” of their case. If the verdict stands and the case proceeds to sentencing, Trump’s punishments would range from a fine to probation to up to four years in prison — but it’s unlikely he’d spend any time behind bars for a first-time conviction involving charges in the lowest tier of felonies. Because it is a state case, Trump would not be able to pardon himself once he returns to office.Save articles for later Add articles to your saved list and come back to them any time. If ever a year deserved to be summed up in a cheap meme, it was 2024. It was the year that felt like being awake during surgery . Sometimes the social media chuckle gallery hits the nail right on the head, but for all the spot-on accuracy of that assessment, it’s also a year that warranted a search for its better angels; a sifting through the flotsam and jetsam for the fairy dust and joy. And there were halos to be found if you looked hard enough. “This is the biggest show we’ve done on this tour or any tour,” Taylor Swift told the crowd of 96,000 at the MCG. Credit: Jason South There was, for instance, a moment back in February when the MCG – traditionally a place that brings the feels during footy in September or the cricket on Boxing Day – seemed to swallow the entire city in a joyous embrace as host to the largest crowd of Taylor Swift’s entire 149-show Eras Tour . It was a tour, and a show, unlike anything Australia or Swift herself had ever seen. “You’re making me feel like I get to play a show for 96,000 beautiful people in Melbourne tonight,” a visibly stunned Swift told the heaving crowd, which was boosted by several thousand more fans “Taylor-gating” outside the stadium. “This is the biggest show that we have done on this tour, or any tour, ever.” The Swiftian joyfest then moved north to Sydney, where the total turnout was even bigger (320,000 across four shows). “Sydney, you are making me feel absolutely phenomenal,” she declared. The feeling was clearly mutual and spread far beyond the venues. As she had done on other stops on the Eras tour, Swift proved a human tonic to everything that ails us — from economic worries (Swiftonomics became a subject worthy of study) to general social malaise. We spend much of our time worrying about the yoof; especially young women. Well, in 2024 Taylor Swift turned up to show us that the kids are alright. And she wasn’t alone. Swiftmania was the herald of what would become the year that “girl power” – a worn and slightly tatty ’90s concept – received a fresh, ferocious update for the 21st century as something deeper, stronger and powered by a kind of worldly-wise joy. Year of the brat Forget sense and sensibility; 2024 was all sass and sensibility. Sabrina Carpenter parlayed her supporting status on the Eras Tour into a blockbuster year that elevated her to near the very top of the tree with no need for Swift’s booster seat. In Carpenter, pop music added another voice that was savvy, sassy, sexy and smart — from the unavoidable bop of Espresso to the come-to-bed brashness of her smash album Short n’ Sweet . Charli XCX took things a step further. The British singer staked her claim to the year by giving 2024 a word, a colour and an attitude all wrapped up in one album – Brat . She summed it up like this: “You’re just like that girl who is a little messy and likes to party and maybe says some dumb things sometimes. Who feels herself but maybe also has a breakdown. But kind of like, parties through it, is very honest, very blunt. A little bit volatile. Like, does dumb things. But it’s brat. You’re brat. That’s brat.” Was 2024 the year of the brat? Charli XCX fans certainly thought so. If it doesn’t make sense to you, that’s probably because it isn’t meant to. But as a sensibility, it rode a cultural wave – the joy wave – so adroitly Kamala Harris even hitched her (ill-fated) Joy Wagon to the phenomenon. On a similar train was American Chappell Roan – dubbed the Joy Rebel of the Year – whose success confirmed young women were increasingly sailing different seas from the rest of the culture, and landing in happier places. Gold medal to Celine Dion’s Paris Olympics performance. Credit: Screengrab by IOC via Getty Images In July, it was a diva of a different era who elevated the Paris Olympics, as a wet and occasionally weird opening ceremony gave way to the thing we mostly remember about it – the moment we heard the voice and then spotted the figure of a glistening Celine Dion perched within the Eiffel Tower . It was a moment of extraordinary power – of personal resilience and vocal artistry – that lifted the event out of the damp Paris streets and elevated it to a moment of genuine collective emotion. Paris in summer was where we went looking for hope during the Australian winter, and our team delivered. Well, the women did anyway, bringing home 13 of the 18 gold and 27 of the 45 medals overall for our greatest Games ever. Alongside the usual heroics in the pool ( Kaylee McKeown became the first Australian to win four individual gold was one stand-out among a team of them) there were more eccentric goings-on elsewhere in the Olympic city. You could, if you so chose, react to Rachael “Raygun” Gunn’s zero-point car crash with a scowl and a sneer, and many did, but the open-hearted were able to see the funny side. As were comedians around the world, who found in the Australian breakdancer one of the year’s true unifying comedic moments . In a year of much misery, this achievement should not be underappreciated. There were happy cultural warriors elsewhere, too. In Hollywood, Nicole Kidman seemed to star in every other movie and series – as Steve Martin quipped at the Emmys , “when I see an actor I don’t know, I just say, ‘I loved your scene with Nicole Kidman’, and nine times out of 10, I’m right”. Our Nic took time out from starring in everything to win everything. This included inhaling the very rare air of an American Film Institute Life Achievement Award . Flying the flag for the younger generation, Adelaide’s Sarah Snook carted home an Emmy and a Golden Globe and warmed up for her 2025 Broadway run in The Picture Of Dorian Gray with a Laurence Olivier Award for the same tour de force in London. Ms Everywhere: It was a big year for Nicole Kidman. Credit: Dave Benett/WireImage Loyalty to royalty Acting royalty elevated us to higher planes. Garden variety royalty also played its part. Mary Donaldson, erstwhile of Hobart and Sydney, became Queen of Denmark in January, giving hope to everyone who met someone in a bar during the Sydney Olympics almost 25 years ago. You don’t have to love royalty to breathe the occasional sigh of relief at the distraction they provide from the daily grind, and you don’t have to be a monarchist to be pleased that the Princess of Wales faced and emerged from a cancer diagnosis in strong and dignified spirit. In the natural world, bad news abounds when it comes to climate change – but there were bright spots. Did you know Britain closed its last coal power station in September ? Or that renewables surged even in the US, where wind generation outpaced coal for the first time? Or that in the Amazon, deforestation reached record lows this year? It did. All is not lost yet. For some old-fashioned cheer from Mother Nature, you could wallow in dog and cat videos on social media (and millions of us did) – or you could turn your gaze to another heroine we didn’t know we needed, the Tay Tay of the Choeropsis liberiensis world. In September, the world fell in love with Moo Deng , a pygmy hippo, a girl whose social media fame drew attention to the plight and past of her species. Who knew the pygmy hippo came with a history this rich, star of a Liberian legend in which Moo Deng’s kind find their way through the forest at night by carrying diamonds in their mouths to light the way? This pigmy hippo has become a viral sensation. Credit: Khao Kheow Open Zoo Now we know, and we are the better for it. Closer to home, Pesto the king penguin gained global fame as a social media superstar , famous on TikTok as the largest chick Melbourne’s Sea Life aquarium has ever seen. Big, beautiful and comfortable in his own skin, Pesto was the kind of hero – “calm, curious and friendly” – we needed in a year when male humans to admire were thin on the ground. For other bright lights in the darkness, we needed look no further than our own southern skies, with the return on several occasions of the Aurora Australis , which made rare and spectacular appearances as far north as Queensland in May, September and October. Scientists and citizens alike were dazzled by a liquid light show of pinks and whites and purples and greens. Was there a better symbol of hope than this – a phenomenon named for Aurora, the Roman goddess of dawn, announcing the arrival of a new day? It was as if we had been given a celestial preview of what would become the year’s biggest cultural event, one that also asked us to look skyward – or in the words of the song of the year, Defying Gravity , “look to the western sky”. Bright lights, all right. Aurora Australis seen in Victoria. Credit: Facebook/Travis Carroll The screen adaptation of Wicked landed in cinemas in mid-November, amid one of the strangest promotional tours in memory and hot on the heels of an American political earthquake two weeks earlier. The weird on-camera adventures of Cynthia Erivo and Ariana Grande were at times almost as entertaining as the film they starred in. And the movie’s storyline, adapted from the 2003 stage musical, could have been taken as a contemporary riff on the state of the world , very specifically, at the end of 2024. Ariana Grande and Cynthia Erivo star in Wicked. Credit: Out.com Wicked is a tale of defiance and friendship forged in the most difficult of circumstances; of surmounting challenges and differences; of flying, literally, in the face of a world that seeks to define you. It was, as so many of the hopeful things were in 2024, a message delivered by and to young women startling in their confidence and talent, happy to defy the doom with which the times seek to burden them. The song that ends the film became the year’s musical battle cry – a moment when art and heart met irresistible force, and art and heart won. If ever a year needed an anthem , it was this one – and in Defying Gravity it found it. In a year that insisted we be sad and scared – or summed up in a cheap meme – it was proof there was still space for hearts and minds to soar. Start the day with a summary of the day’s most important and interesting stories, analysis and insights. Sign up for our Morning Edition newsletter .Column: FBI Norfolk marks a year of wins for public safety in Hampton Roads
A new report says Canada needs to rethink its approach to health care to help manage rising costs as people age. CSA Group, an organization that helps policymakers develop standards around health and safety, says health care currently costs about $12,000 per year for each person 65 years and older, compared to $2,700 for each person younger than 65. Today’s report says seniors make up about 18 per cent of Canada’s population but account for about 45 per cent of health-care spending by provincial and territorial governments. The group projects costs will continue to increase significantly, with seniors making up 22 per cent of the Canadian population by 2040. Jordann Thirgood, manager of CSA Group’s public policy centre, says that will coincide with more retirees and therefore less income tax revenue to pay for health costs. Thirgood says governments need to put more resources into illness prevention, including addressing factors such as housing, mental health and loneliness, which affect people’s overall health as they age. “The Canadian health-care system is often described as a ‘sickness treatment’ or ‘illness treatment’ system, (where) our public health-care system is primarily focused on doctors and hospitals,” she said in an interview Tuesday. That means “less focus on preventive care, wellness, and increasingly urgent needs in uninsured areas such as mental health,” says the report, which is called Aging Canada 2040: Policy Implications of Demographic Change. Thirgood said focusing on social determinants of health and addressing people’s health needs over the course of their lives to help them age well is critical to reducing illness and the associated health-care costs. She said that can have a big impact on improving people’s overall health as they age. ”There’s strong evidence that correlates social isolation and loneliness with serious health risk,” Thirgood said. “Research shows that (it) is similar to or even exceeding risks such as smoking, obesity and physical inactivity.” Homelessness is another factor that puts people at higher risk of chronic illness, she said — and many seniors are affected. ”We are increasingly seeing older adults that are unhoused as a result of increasing cost (and) financial insecurity,” Thirgood said. “Given ... the context of the housing crisis, I think we can imagine that that’s going to remain an urgent issue for the years to come.”NoneSAN FRANCISCO--(BUSINESS WIRE)--Dec 3, 2024-- Salesforce (NYSE: CRM), the #1 AI CRM, today announced results for its third quarter fiscal 2025 ended October 31, 2024. Third Quarter Highlights FY25 Guidance Highlights "We delivered another quarter of exceptional financial performance across revenue, margin, cash flow, and cRPO,” said Marc Benioff, Chair and CEO, Salesforce. “Agentforce, our complete AI system for enterprises built into the Salesforce Platform, is at the heart of a groundbreaking transformation. The rise of autonomous AI agents is revolutionizing global labor, reshaping how industries operate and scale. With Agentforce, we’re not just witnessing the future—we’re leading it, unleashing a new era of digital labor for every business and every industry." “We continue to drive disciplined profitable growth with third quarter GAAP operating margin of 20.0%, up 280 basis points year-over-year, and non-GAAP operating margin of 33.1%, up 190 basis points year-over-year,” said Amy Weaver, President and CFO of Salesforce. “To date, our total capital returns have surpassed $20 billion and we remain focused on driving shareholder value.” Third Quarter Notes Net Income Per Share: Third quarter GAAP diluted net income per share was $1.58 and non-GAAP diluted net income per share was $2.41. During the three months ended October 31, 2024, losses on strategic investments impacted GAAP diluted net income per share by $(0.17) on a U.S. tax rate of 24.5% and non-GAAP diluted net income per share by $(0.18) on a non-GAAP tax rate of 22.0%. Guidance Our guidance includes GAAP and non-GAAP financial measures. Q4 FY25 Guidance 5 Full Year FY25 Guidance 5 Total Revenue $9.90 - $10.10 Billion $37.8 - $38.0 Billion Y/Y Growth 7 - 9% 8 - 9% FX Impact (1) ($25M) Y/Y FX ($100M) Y/Y FX Subscription & Support Revenue Growth (Y/Y) (2)(3) N/A Slightly below 10%, Approx 10% CC GAAP Operating Margin N/A 19.8% Non-GAAP Operating Margin (3) N/A 32.9% GAAP Diluted Net Income per Share (3) $1.55 - $1.60 $6.15 - $6.20 Non-GAAP Diluted Net Income per Share (3) $2.57 - $2.62 $9.98 - $10.03 Operating Cash Flow Growth (Y/Y) N/A 24% to 26% Current Remaining Performance Obligation Growth (Y/Y) Approximately 9% N/A FX Impact (4) ($100M) Y/Y FX N/A (1) Revenue FX impact is calculated by taking the current period rates compared to the prior period average rates. (2) Subscription & Support revenue excludes professional services revenue. (3) Non-GAAP CC revenue growth, non-GAAP operating margin and non-GAAP Diluted net income per share are non-GAAP financial measures. See below for an explanation of non-GAAP financial measures. The Company's shares used in computing GAAP Diluted net income per share guidance and non-GAAP Diluted net income per share guidance excludes any impact to share count from potential Q4 FY25 repurchase activity under our share repurchase program. (4) Current Remaining Performance Obligation FX impact is calculated by taking the current period rates compared to the prior period ending rates. (5) Guidance assumes contributions from acquisitions of Zoomin Software Ltd. and Own Data Company Ltd., which closed in November 2024. The following is a reconciliation of GAAP operating margin guidance to non-GAAP operating margin guidance for the full year: Full Year FY25 Guidance GAAP operating margin (1) 19.8% Plus Amortization of purchased intangibles (2) 4.3% Stock-based compensation expense (2)(3) 8.4% Restructuring (2)(3) 0.4% Non-GAAP operating margin (1) 32.9% (1) GAAP operating margin is the proportion of GAAP income from operations as a percentage of GAAP revenue. Non-GAAP operating margin is the proportion of non-GAAP income from operations as a percentage of GAAP revenue. (2) The percentages shown above have been calculated based on the midpoint of the low and high ends of the revenue guidance for full year FY25. (3) The percentages shown in the restructuring line have been calculated based on charges associated with the Company's restructuring initiatives. Stock-based compensation expense excludes stock-based compensation expense related to the Company's restructuring initiatives, which is included in the restructuring line. The following is a per share reconciliation of GAAP diluted net income per share to non-GAAP diluted net income per share guidance for the next quarter and the full year: Fiscal 2025 Q4 FY25 GAAP diluted net income per share range (1)(2) $1.55 - $1.60 $6.15 - $6.20 Plus Amortization of purchased intangibles $ 0.36 $ 1.66 Stock-based compensation expense $ 0.83 $ 3.27 Restructuring (3) $ 0.01 $ 0.17 Less Income tax effects and adjustments (4) $ (0.18 ) $ (1.27 ) Non-GAAP diluted net income per share (2) $2.57 - $2.62 $9.98 - $10.03 Shares used in computing basic net income per share (millions) (5) 960 962 Shares used in computing diluted net income per share (millions) (5) 978 975 (1) The Company's GAAP tax provision is expected to be approximately 26.0% for the three months ended January 31, 2025 and approximately 20.0% for the year ended January 31, 2025. The GAAP tax rates may fluctuate due to discrete tax items and related effects in conjunction with certain provisions in the Tax Cuts and Jobs Act, future acquisitions or other transactions. (2) The Company's projected GAAP and non-GAAP diluted net income per share assumes no change to the value of our strategic investment portfolio as it is not possible to forecast future gains and losses. The impact of future gains or losses from the Company’s strategic investment portfolio could be material. (3) The estimated impact to GAAP diluted net income per share is in connection with the Company's restructuring initiatives. (4) The Company’s non-GAAP tax provision uses a long-term projected tax rate of 22.0%, which reflects currently available information and could be subject to change. (5) The Company's shares used in computing GAAP net income per share guidance and non-GAAP net income per share guidance excludes any impact to share count from potential Q4 FY25 repurchase activity under our share repurchase program. For additional information regarding non-GAAP financial measures see the reconciliation of results and related explanations below. Management will provide further commentary around these guidance assumptions on its earnings call. Product Releases and Enhancements Three times a year Salesforce delivers new product releases, services, or enhancements to current products and services. These releases are a result of significant research and development investments made over multiple years, designed to help customers drive cost savings, boost efficiency, and build trust. To view our major product releases and other highlights as part of the Winter 2025 Product Release, visit: www.salesforce.com/products/innovation/winter-25-release . Environmental, Social, and Governance (ESG) Strategy To learn more about our latest initiatives and priorities, review our Stakeholder Impact Report: https://salesforce.com/stakeholder-impact-report . Quarterly Conference Call Salesforce plans to host a conference call at 2:00 p.m. (PT) / 5:00 p.m. (ET) to discuss its financial results with the investment community. A live webcast and replay details of the event will be available on the Salesforce Investor Relations website at www.salesforce.com/investor . About Salesforce Salesforce helps organizations of any size reimagine their business for the world of AI. With Agentforce, Salesforce's trusted platform, organizations can bring humans together with agents to drive customer success—powered by AI, data, and action. Visit www.salesforce.com for more information. "Safe harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements about the Company's financial and operating results and guidance, which include, but are not limited to, expected GAAP and non-GAAP financial and other operating and non-operating results, including revenue, net income, net income per share, operating cash flow growth, operating margin, expected revenue growth, expected foreign currency exchange rate impact, expected current remaining performance obligation growth, expected tax rates or provisions, stock-based compensation expenses, amortization of purchased intangibles, shares outstanding, market growth, strategic investments, expected restructuring expense or charges and expected timing of product releases and enhancements. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, the Company’s results or outcomes could differ materially and adversely from those expressed or implied by our forward-looking statements. Readers are cautioned not to place undue reliance on such forward-looking statements. The risks and uncertainties referred to above include -- but are not limited to -- risks associated with: Further information on these and other factors that could affect the Company’s actual results or outcomes is included in the reports on Forms 10-K, 10-Q and 8-K and in other filings it makes with the Securities and Exchange Commission from time to time. These documents are available on the SEC Filings section of the Financials section of the Company’s website at http://investor.salesforce.com/financials/ . Salesforce, Inc. assumes no obligation and does not intend to revise or update publicly any forward-looking statements for any reason, except as required by law. © 2024 Salesforce, Inc. All rights reserved. Salesforce and other marks are trademarks of Salesforce, Inc. Other brands featured herein may be trademarks of their respective owners. Salesforce, Inc. Condensed Consolidated Statements of Operations (in millions, except per share data) (Unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Revenues: Subscription and support $ 8,879 $ 8,141 $ 26,228 $ 23,789 Professional services and other 565 579 1,674 1,781 Total revenues 9,444 8,720 27,902 25,570 Cost of revenues (1)(2): Subscription and support 1,501 1,571 4,617 4,596 Professional services and other 604 584 1,809 1,797 Total cost of revenues 2,105 2,155 6,426 6,393 Gross profit 7,339 6,565 21,476 19,177 Operating expenses (1)(2): Research and development 1,356 1,204 4,073 3,631 Sales and marketing 3,323 3,173 9,786 9,440 General and administrative 711 632 2,069 1,902 Restructuring 56 55 163 815 Total operating expenses 5,446 5,064 16,091 15,788 Income from operations 1,893 1,501 5,385 3,389 Losses on strategic investments, net (217 ) (72 ) (217 ) (242 ) Other income 70 58 282 158 Income before provision for income taxes 1,746 1,487 5,450 3,305 Provision for income taxes (219 ) (263 ) (961 ) (615 ) Net income $ 1,527 $ 1,224 $ 4,489 $ 2,690 Basic net income per share $ 1.60 $ 1.26 $ 4.66 $ 2.76 Diluted net income per share (3) $ 1.58 $ 1.25 $ 4.60 $ 2.73 Shares used in computing basic net income per share 956 972 963 976 Shares used in computing diluted net income per share 965 981 975 985 (1) Amounts include amortization of intangible assets acquired through business combinations, as follows: Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Cost of revenues $ 131 $ 245 $ 600 $ 743 Sales and marketing 223 223 669 668 (2) Amounts include stock-based compensation expense, as follows: Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Cost of revenues $ 135 $ 109 $ 386 $ 324 Research and development 278 238 814 735 Sales and marketing 312 275 911 815 General and administrative 95 71 267 223 Restructuring 0 0 2 16 (3) During the three months ended October 31, 2024 and 2023, losses on strategic investments impacted GAAP diluted net income per share by $(0.17) and $(0.06) based on a U.S. tax rate of 24.5%, and non-GAAP diluted net income per share by $(0.18) and $(0.06) based on a non-GAAP tax rate of 22.0% and 23.5%, respectively. During the nine months ended October 31, 2024 and 2023, losses on strategic investments impacted GAAP diluted net income per share by $(0.17) and $(0.19) based on a U.S. tax rate of 24.5%, and non-GAAP diluted net income per share by $(0.17) and $(0.19) based on a non-GAAP tax rate of 22.0% and 23.5%, respectively. Salesforce, Inc. Condensed Consolidated Statements of Operations (As a percentage of total revenues) (Unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Revenues: Subscription and support 94 % 93 % 94 % 93 % Professional services and other 6 7 6 7 Total revenues 100 100 100 100 Cost of revenues (1)(2): Subscription and support 16 18 17 18 Professional services and other 6 7 6 7 Total cost of revenues 22 25 23 25 Gross profit 78 75 77 75 Operating expenses (1)(2): Research and development 14 14 15 14 Sales and marketing 35 36 35 37 General and administrative 8 7 7 8 Restructuring 1 1 1 3 Total operating expenses 58 58 58 62 Income from operations 20 17 19 13 Losses on strategic investments, net (3 ) (1 ) 0 (1 ) Other income 1 1 1 1 Income before provision for income taxes 18 17 20 13 Provision for income taxes (2 ) (3 ) (4 ) (2 ) Net income 16 % 14 % 16 % 11 % (1) Amounts include amortization of intangible assets acquired through business combinations as a percentage of total revenues, as follows: Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Cost of revenues 2 % 3 % 2 % 3 % Sales and marketing 2 2 3 3 (2) Amounts include stock-based compensation expense as a percentage of total revenues, as follows: Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Cost of revenues 2 % 1 % 2 % 1 % Research and development 3 3 3 3 Sales and marketing 3 3 3 3 General and administrative 1 1 1 1 Restructuring 0 0 0 0 Salesforce, Inc. Condensed Consolidated Balance Sheets (in millions) October 31, 2024 January 31, 2024 Assets (unaudited) Current assets: Cash and cash equivalents $ 7,997 $ 8,472 Marketable securities 4,760 5,722 Accounts receivable, net 4,741 11,414 Costs capitalized to obtain revenue contracts, net 1,836 1,905 Prepaid expenses and other current assets 2,091 1,561 Total current assets 21,425 29,074 Property and equipment, net 3,416 3,689 Operating lease right-of-use assets, net 2,167 2,366 Noncurrent costs capitalized to obtain revenue contracts, net 2,121 2,515 Strategic investments 4,845 4,848 Goodwill 49,093 48,620 Intangible assets acquired through business combinations, net 4,119 5,278 Deferred tax assets and other assets, net 4,209 3,433 Total assets $ 91,395 $ 99,823 Liabilities and stockholders’ equity Current liabilities: Accounts payable, accrued expenses and other liabilities $ 5,331 $ 6,111 Operating lease liabilities, current 572 518 Unearned revenue 13,472 19,003 Debt, current 0 999 Total current liabilities 19,375 26,631 Noncurrent debt 8,432 8,427 Noncurrent operating lease liabilities 2,420 2,644 Other noncurrent liabilities 2,643 2,475 Total liabilities 32,870 40,177 Stockholders’ equity: Common stock 1 1 Treasury stock, at cost (19,414 ) (11,692 ) Additional paid-in capital 63,114 59,841 Accumulated other comprehensive loss (225 ) (225 ) Retained earnings 15,049 11,721 Total stockholders’ equity 58,525 59,646 Total liabilities and stockholders’ equity $ 91,395 $ 99,823 Salesforce, Inc. Condensed Consolidated Statements of Cash Flows (in millions) (Unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Operating activities: Net income $ 1,527 $ 1,224 $ 4,489 $ 2,690 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization (1) 814 862 2,600 3,006 Amortization of costs capitalized to obtain revenue contracts, net 525 482 1,568 1,428 Stock-based compensation expense 820 693 2,380 2,113 Losses on strategic investments, net 217 72 217 242 Changes in assets and liabilities, net of business combinations: Accounts receivable, net 655 550 6,681 5,905 Costs capitalized to obtain revenue contracts, net (430 ) (300 ) (1,105 ) (906 ) Prepaid expenses and other current assets and other assets (272 ) (407 ) (1,263 ) (750 ) Accounts payable and accrued expenses and other liabilities 32 172 (503 ) (1,607 ) Operating lease liabilities (144 ) (139 ) (387 ) (474 ) Unearned revenue (1,761 ) (1,677 ) (5,555 ) (4,816 ) Net cash provided by operating activities 1,983 1,532 9,122 6,831 Investing activities: Business combinations, net of cash acquired (179 ) (82 ) (517 ) (82 ) Purchases of strategic investments (67 ) (103 ) (374 ) (390 ) Sales of strategic investments 13 80 118 102 Purchases of marketable securities (1,239 ) (661 ) (5,041 ) (2,827 ) Sales of marketable securities 554 315 3,652 1,117 Maturities of marketable securities 905 563 2,439 1,810 Capital expenditures (204 ) (166 ) (504 ) (589 ) Net cash used in investing activities (217 ) (54 ) (227 ) (859 ) Financing activities: Repurchases of common stock (1,285 ) (1,925 ) (7,753 ) (5,928 ) Proceeds from employee stock plans 321 274 1,056 1,085 Principal payments on financing obligations (100 ) (114 ) (505 ) (506 ) Repayments of debt 0 0 (1,000 ) (1,182 ) Payments of dividends (382 ) 0 (1,154 ) 0 Net cash used in financing activities (1,446 ) (1,765 ) (9,356 ) (6,531 ) Effect of exchange rate changes (5 ) (32 ) (14 ) (4 ) Net increase (decrease) in cash and cash equivalents 315 (319 ) (475 ) (563 ) Cash and cash equivalents, beginning of period 7,682 6,772 8,472 7,016 Cash and cash equivalents, end of period $ 7,997 $ 6,453 $ 7,997 $ 6,453 (1) Includes amortization of intangible assets acquired through business combinations, depreciation of fixed assets and amortization and impairment of right-of-use assets. Salesforce, Inc. Additional Metrics (Unaudited) Supplemental Revenue Analysis Remaining Performance Obligation Remaining performance obligation ("RPO") represents contracted revenue that has not yet been recognized, which includes unearned revenue and unbilled amounts that will be recognized as revenue in future periods. RPO is influenced by several factors, including seasonality, the timing of renewals, the timing of term license deliveries, average contract terms and foreign currency exchange rates. Remaining performance obligation is also impacted by acquisitions. Unbilled portions of RPO denominated in foreign currencies are revalued each period based on the period end exchange rates. The portion of RPO that is unbilled is not recorded on the condensed consolidated balance sheets. RPO consisted of the following (in billions): Current Noncurrent Total As of October 31, 2024 $ 26.4 $ 26.7 $ 53.1 As of July 31, 2024 26.5 27.0 53.5 As of April 30, 2024 26.4 27.5 53.9 As of January 31, 2024 27.6 29.3 56.9 As of October 31, 2023 23.9 24.4 48.3 Unearned Revenue Unearned revenue represents amounts that have been invoiced in advance of revenue recognition and is recognized as revenue when transfer of control to customers has occurred or services have been provided. The change in unearned revenue was as follows (in millions): Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Unearned revenue, beginning of period $ 15,222 $ 14,237 $ 19,003 $ 17,376 Billings and other (1) 7,620 6,876 22,158 20,536 Contribution from contract asset 63 167 189 218 Revenue recognized over time (9,023 ) (8,249 ) (26,446 ) (24,264 ) Revenue recognized at a point in time (421 ) (471 ) (1,456 ) (1,306 ) Unearned revenue from business combinations 11 4 24 4 Unearned revenue, end of period $ 13,472 $ 12,564 $ 13,472 $ 12,564 (1) Other includes, for example, the impact of foreign currency translation. Disaggregation of Revenue Subscription and Support Revenue by the Company's service offerings Subscription and support revenues consisted of the following (in millions): Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Sales $ 2,119 $ 1,906 $ 6,188 $ 5,611 Service 2,288 2,074 6,727 6,087 Platform and Other 1,825 1,686 5,329 4,891 Marketing and Commerce 1,334 1,230 3,924 3,638 Integration and Analytics (1) 1,313 1,245 4,060 3,562 $ 8,879 $ 8,141 $ 26,228 $ 23,789 (1) In the fourth quarter of fiscal 2024, the Company renamed the service offering previously referred to as Data to Integration and Analytics, which includes Mulesoft and Tableau. Total Revenue by Geographic Locations Revenues by geographical region consisted of the following (in millions): Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Americas $ 6,220 $ 5,862 $ 18,483 $ 17,113 Europe 2,228 1,998 6,557 5,923 Asia Pacific 996 860 2,862 2,534 $ 9,444 $ 8,720 $ 27,902 $ 25,570 Constant Currency Growth Rates Subscription and support revenues constant currency growth rates by the Company's service offerings were as follows: Three Months Ended O ctober 31, 2024 C ompared to Three Months E nded October 31, 2023 Three Months Ended J uly 31, 2024 C ompared to Three Months E nded July 31, 2023 Three Months Ended O ctober 31, 2023 C ompared to Three Months E nded October 31, 2022 Sales 11% 10% 10% Service 10% 11% 11% Platform and Other 8% 10% 11% Marketing and Commerce 8% 7% 8% Integration and Analytics (1) 5% 14% 22% Total growth 9% 10% 12% (1) In the fourth quarter of fiscal 2024, the Company renamed the service offering previously referred to as Data to Integration and Analytics, which includes Mulesoft and Tableau. Revenue constant currency growth rates by geographical region were as follows: Three Months Ended O ctober 31, 2024 C ompared to Three Months E nded October 31, 2023 Three Months Ended J uly 31, 2024 C ompared to Three Months E nded July 31, 2023 Three Months Ended O ctober 31, 2023 C ompared to Three Months E nded October 31, 2022 Americas 6% 8% 9% Europe 9% 11% 10% Asia Pacific 14% 16% 21% Total growth 8% 9% 10% Current remaining performance obligation constant currency growth rates were as follows: October 31, 2024 C ompared to O ctober 31, 2023 July 31, 2024 C ompared to J uly 31, 2023 October 31, 2023 C ompared to O ctober 31, 2022 Total growth 10% 11% 13% Salesforce, Inc. GAAP Results Reconciled to Non-GAAP Results The following tables reflect selected GAAP results reconciled to Non-GAAP results. (in millions, except per share data) (Unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Non-GAAP income from operations GAAP income from operations $ 1,893 $ 1,501 $ 5,385 $ 3,389 Plus: Amortization of purchased intangibles (1) 354 468 1,269 1,411 Stock-based compensation expense (2)(3) 820 693 2,378 2,097 Restructuring 56 55 163 815 Non-GAAP income from operations $ 3,123 $ 2,717 $ 9,195 $ 7,712 Non-GAAP operating margin as a percentage of revenues Total revenues $ 9,444 $ 8,720 $ 27,902 $ 25,570 GAAP operating margin (4) 20.0 % 17.2 % 19.3 % 13.3 % Non-GAAP operating margin (4) 33.1 % 31.2 % 33.0 % 30.2 % Non-GAAP net income GAAP net income $ 1,527 $ 1,224 $ 4,489 $ 2,690 Plus: Amortization of purchased intangibles (1) 354 468 1,269 1,411 Stock-based compensation expense (2)(3) 820 693 2,378 2,097 Restructuring 56 55 163 815 Income tax effects and adjustments (436 ) (372 ) (1,076 ) (1,177 ) Non-GAAP net income $ 2,321 $ 2,068 $ 7,223 $ 5,836 Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Non-GAAP diluted net income per share GAAP diluted net income per share $ 1.58 $ 1.25 $ 4.60 $ 2.73 Plus: Amortization of purchased intangibles (1) 0.37 0.48 1.30 1.43 Stock-based compensation expense (2)(3) 0.85 0.71 2.44 2.13 Restructuring 0.06 0.06 0.17 0.83 Income tax effects and adjustments (0.45 ) (0.39 ) (1.10 ) (1.19 ) Non-GAAP diluted net income per share $ 2.41 $ 2.11 $ 7.41 $ 5.93 Shares used in computing non-GAAP diluted net income per share 965 981 975 985 (1) Amortization of purchased intangibles was as follows: Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Cost of revenues $ 131 $ 245 $ 600 $ 743 Sales and marketing 223 223 669 668 $ 354 $ 468 $ 1,269 $ 1,411 (2) Stock-based compensation expense, excluding stock-based compensation expense related to restructuring, was as follows: Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Cost of revenues $ 135 $ 109 $ 386 $ 324 Research and development 278 238 814 735 Sales and marketing 312 275 911 815 General and administrative 95 71 267 223 $ 820 $ 693 $ 2,378 $ 2,097 (3) Stock-based compensation expense included in the GAAP to non-GAAP reconciliation tables above excludes stock-based compensation expense related to restructuring activities for each of the three months ended October 31, 2024 and 2023 of $0 million and for the nine months ended October 31, 2024 and 2023 of $2 million and $16 million, respectively, which are included in the restructuring line. (4) GAAP operating margin is the proportion of GAAP income from operations as a percentage of GAAP revenue. Non-GAAP operating margin is the proportion of non-GAAP income from operations as a percentage of GAAP revenue. Non-GAAP income from operations excludes the impact of the amortization of purchased intangibles, stock-based compensation expense and charges associated with the Company's restructuring activities. Salesforce, Inc. Computation of Basic and Diluted GAAP and Non-GAAP Net Income Per Share (in millions, except per share data) (Unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 GAAP Basic Net Income Per Share Net income $ 1,527 $ 1,224 $ 4,489 $ 2,690 Basic net income per share $ 1.60 $ 1.26 $ 4.66 $ 2.76 Shares used in computing basic net income per share 956 972 963 976 Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Non-GAAP Basic Net Income Per Share Non-GAAP net income $ 2,321 $ 2,068 $ 7,223 $ 5,836 Non-GAAP basic net income per share $ 2.43 $ 2.13 $ 7.50 $ 5.98 Shares used in computing non-GAAP basic net income per share 956 972 963 976 Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 GAAP Diluted Net Income Per Share Net income $ 1,527 $ 1,224 $ 4,489 $ 2,690 Diluted net income per share $ 1.58 $ 1.25 $ 4.60 $ 2.73 Shares used in computing diluted net income per share 965 981 975 985 Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Non-GAAP Diluted Net Income Per Share Non-GAAP net income $ 2,321 $ 2,068 $ 7,223 $ 5,836 Non-GAAP diluted net income per share $ 2.41 $ 2.11 $ 7.41 $ 5.92 Shares used in computing non-GAAP diluted net income per share 965 981 975 985 Supplemental Cash Flow Information Computation of Free Cash Flow, a Non-GAAP Measure (in millions) (Unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 GAAP net cash provided by operating activities $ 1,983 $ 1,532 $ 9,122 $ 6,831 Capital expenditures (204 ) (166 ) (504 ) (589 ) Free cash flow $ 1,779 $ 1,366 $ 8,618 $ 6,242 Non-GAAP Financial Measures: This press release includes information about non-GAAP operating margin, non-GAAP net income per share, non-GAAP tax rates, free cash flow, constant currency revenue, constant currency subscription and support revenue growth rate and constant currency current remaining performance obligation growth rates (collectively the “non-GAAP financial measures”). These non-GAAP financial measures are measurements of financial performance that are not prepared in accordance with U.S. generally accepted accounting principles and computational methods may differ from those used by other companies. Non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with the Company’s consolidated financial statements prepared in accordance with GAAP. Management uses both GAAP and non-GAAP measures when planning, monitoring and evaluating the Company’s performance. The primary purpose of using non-GAAP measures is to provide supplemental information that may prove useful to investors and to enable investors to evaluate the Company’s results in the same way management does. Management believes that supplementing GAAP disclosure with non-GAAP disclosure provides investors with a more complete view of the Company’s operational performance and allows for meaningful period-to-period comparisons and analysis of trends in the Company’s business. Further to the extent that other companies use similar methods in calculating non-GAAP measures, the provision of supplemental non-GAAP information can allow for a comparison of the Company’s relative performance against other companies that also report non-GAAP operating results. Non-GAAP Operating Margin is the proportion of non-GAAP income from operations as a percentage of GAAP revenue. Non-GAAP income from operations excludes the impact of the following items: stock-based compensation expense, amortization of acquisition-related intangibles and charges associated with the Company's restructuring activities. Non-GAAP net income per share excludes, to the extent applicable, the impact of the following items: stock-based compensation expense, amortization of purchased intangibles, charges related to the Company's restructuring activities and income tax adjustments. These items are excluded because the decisions that give rise to them are not made to increase revenue in a particular period, but instead for the Company’s long-term benefit over multiple periods. As described above, the Company excludes or adjusts for the following in its non-GAAP results and guidance: The Company presents constant currency information to provide a framework for assessing how the Company's underlying business performed excluding the effect of foreign currency rate fluctuations. To present constant currency revenue growth rates, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the weighted average exchange rate for the quarter being compared to rather than the actual exchange rates in effect during that period. To present current remaining performance obligation growth rates on a constant currency basis, current remaining performance obligation balances in local currencies in previous comparable periods are converted using the United States dollar currency exchange rate as of the most recent balance sheet date. The Company defines the non-GAAP measure free cash flow as GAAP net cash provided by operating activities, less capital expenditures. View source version on businesswire.com : https://www.businesswire.com/news/home/20241203924824/en/ CONTACT: Mike Spencer Salesforce Investor Relations investor@salesforce.comCarolyn Guss Salesforce Public Relations 415-536-4966 pr@salesforce.com KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: PROFESSIONAL SERVICES BUSINESS TECHNOLOGY SOFTWARE CONSULTING ARTIFICIAL INTELLIGENCE SOURCE: Salesforce Copyright Business Wire 2024. PUB: 12/03/2024 04:01 PM/DISC: 12/03/2024 04:02 PM http://www.businesswire.com/news/home/20241203924824/en
Biden says he was ‘stupid’ not to put his name on pandemic relief checks like Trump didSmile, were you and your phone caught out on Macquarie Pass?NEWPORT BEACH, Calif., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Elevai Labs, Inc. (NASDAQ: ELAB) (“Elevai” or the “Company”), a leader in medical aesthetics, announced today that it is has withdrawn the previously announced offer (the “Offer”) to holders of the Company’s outstanding Common Stock (the “Common Stock”), to exchange up to 15,000,000 shares of Common Stock for up to 15,000,000 shares of the Company’s newly issued Series B Preferred Stock (“Series B Preferred Stock”), as a result of notice from the Depositary Trust Company (“DTC”) that due to logistical issues, DTC would not be able to accept the tenders of Common Stock. As a result of this withdrawal, no shares will be exchanged in the Offer and all shares previously tendered and not withdrawn will be promptly returned to tendering holders. The Company had intended to complete the Offer prior to a planned reverse stock split; however, unforeseen circumstances, including amending the offering materials in response to Securities and Exchange Commission ("SEC") comments, caused delays. As a result, the Company has withdrawn the Offer to prioritize regaining compliance with Nasdaq's listing requirements. The Company’s obligation to exchange shares pursuant to the Offer was subject to a condition that specified the Series B Preferred Stock shall be eligible for deposit with the DTC. As shares of Common Stock tendered could not be accepted by the DTC and exchanged for Series B Preferred Stock, the Offer could not be settled. The Company will assess whether to commence a new exchange offer, though there can be no assurance that the Company will proceed with a new exchange offer or as to the terms thereof. About Elevai Labs, Inc. Elevai Labs Inc. (NASDAQ: ELAB) specializes in medical aesthetics and biopharmaceutical drug development, focusing on innovations for skin aesthetics and treatments tied to obesity and metabolic health. The Company operates a diverse portfolio of three wholly owned subsidiaries across the medical aesthetics and biopharmaceutical sectors, Elevai Skincare Inc., Elevai Biosciences Inc., and Elevai Research Inc. For more information please visit www.elevailabs.com . Forward-Looking 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. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov . IR Contact: IR@ElevaiLabs.com
Four in 10 rectification orders issued by the Building Commission to builders of standalone houses were not complied with inside the mandated period, amid warnings of widespread defects across greenfield construction in Sydney’s southwest. Data obtained by the Herald under NSW freedom of information laws provides a snapshot of the Building Commission’s first-year foray into regulating the construction of residential standalone houses, known as class-one buildings, after new powers legislated in late 2023 boosted the scope and funding of the agency beyond apartments. Homes with defective work are often not being rectified in an acceptable time frame. Credit: Jessica Hromas Cowboy home builders operating in tough financial conditions have forced the commission to suspend and cancel a spate of licences after defects were found across dozens of sites. Rectification orders are issued where building work is non-compliant as a means of remediating the problem before it becomes a serious defect. The data comes at a time the state needs to build 378,000 homes by July 2029. Premier Chris Minns has previously insisted the eye-watering quantity required will not come at the cost of quality, with the building commission empowered to try to prevent a repeat of the Mascot and Opal Towers debacle . Figures provided by the Department of Customer Service show 3339 complaints were received in relation to standalone houses between January 1 and October 8 this year, resulting in 897 inspections. Of those, the commission issued 319 rectification orders, and 126 were not complied with inside the designated period. The new building commissioner, James Sherrard, told the Herald that he did not believe the proportion of rectification orders disobeyed represented a compliance problem for the regulator. New building commissioner James Sherrard does not believe the number of rectification orders ignored represents a compliance problem Credit: Janie Barrett “I don’t believe we do. I mean, you can look at statistics a number of different ways. One in three have already been complied with, I think that is a better way of saying. Some won’t be complied with because the builder has gone under, or some such thing like that,” he said. Sherrard said “a lot of” rectification orders could not be complied with until the project was complete. “So the order is effective in ensuring that we have a solution to the problem, albeit that the strict time frame of the order is there to ensure that we get that adherence,” he said. The Building Commission had also slapped 216 home building licenses with conditions in the first 10 months of the year, limiting their work to apartments. Aggrieved clients of builders have previously questioned the effectiveness of Building Commission-issued rectification orders, finding there was little consequence for builders who defied the compliance measures unless there was a commitment to pursue them legally. Home owners and building commission sources said, in some cases, the cost of defying rectification orders had been baked into the costs for builders, who preferred to be fined and then gamble that financially stressed clients would not have the means to seek remedy through the courts. “Builders would ask if they could pay fines on Amex,” a building commission inspector told this masthead on the condition of anonymity. The source estimated that 75 per cent of houses being constructed would have at least 10 defects, including major issues such as waterproofing or structural issues, pointing to poor education of tradespeople as the driving force behind defects. Chandler has been heartbroken by the state of some of the buildings he has investigated. Credit: Kate Geraghty In August, former building commissioner David Chandler told the Illawarra Mercury there was a “deep denial about the quality of home construction”. Inspections of class-one buildings since last December showed there was “widespread, statewide non-compliant construction going on”. Grahame McCulloch, a third-party building inspector who worked with a number of customers of Punjabi film producer turned home builder Sippy Grewal, said the amount of defective building work was “very, very widespread” in the parts of Sydney’s south-western greenfield fringe where he operated. McCulloch attributed the shoddy workmanship to accelerated learning pathways for tradespeople, leaving a broader pool of underqualified workers to choose from. Start the day with a summary of the day’s most important and interesting stories, analysis and insights. Sign up for our Morning Edition newsletter .
FOXBOROUGH, Mass. (AP) — As spontaneous celebrations rippled throughout the Los Angeles Chargers' locker room after their resounding 40-7 win over the New England Patriots, coach Jim Harbaugh grabbed general manager Joe Hortiz and wrapped him up in a bear hug. “Love you!” Harbaugh said. “Love you!” Hortiz responded. “Great job! Let's keep it going,” Harbaugh replied, finally loosening his grasp. The Chargers (10-6) are back in the playoffs. But the message is clear: They have their eyes on achieving much more. Justin Herbert threw three touchdown passes and Los Angeles locked up its second playoff appearance in three seasons with Saturday's victory. “We had a good opportunity tonight and we went out and took it," Herbert said. “We had a good plan. All week we knew how big of a game this was for us. Guys were dialed in, focused and we executed today.” It also secured the fourth postseason appearance in Harbaugh’s five seasons as an NFL coach, adding to the three he made during his stint with the San Francisco 49ers. “You talk to them and there's more to do,” Harbaugh said. “There's no coach who could have it better than to be coaching these players. Nobody. Maybe the only person would be future us, could have it better than us.” Herbert finished 26 of 38 for 281 yards to become the third player in NFL history with at least 3,000 passing yards and 20 touchdown passes in each of his first five seasons. He joins Pro Football Hall of Famer Peyton Manning and Russell Wilson. Ladd McConkey had eight catches for 94 yards and pulled in TD throws of 6 and 40 yards. With a 10-yard reception in the second quarter, he passed 1,000 yards receiving for the season, making him the third Chargers rookie receiver to reach that milestone. JK Dobbins rushed 19 times for 76 yards and a TD. The Patriots (3-13) have lost six straight games, their second such losing streak of the season. They are now 2-14 the last two seasons at home. “We just didn’t play well enough in any phase of the game,” coach Jerod Mayo said. “No complementary football, and that’s what you get.” Asked if he thinks he is coaching for his job, Mayo said it comes with the territory. “I’m always under pressure and it’s been that way for a very long time, not just when I became the head coach of the Patriots," he said. New England quarterback Drake Maye finished 12 of 22 for 117 yards and a touchdown. He became the first rookie quarterback in franchise history with a TD pass in eight straight games. But he was sacked four times, and a second-quarter fumble marked his eighth straight game with at least one turnover. Los Angeles outgained New England 428-181 for the game. Maye briefly left the game to be evaluated for a head injury following a blow to his helmet in the first quarter. He was scrambling near the sideline on third down of the Patriots’ first possession when he was hit by Chargers cornerback Cam Hart, jarring the ball loose as Maye spun out of bounds. No flag was thrown on the play and Maye stayed down on the turf for several seconds before eventually getting up and jogging off the field. He initially sat on the bench before going to the medical tent for evaluation. He was replaced by backup Jacoby Brissett in the next series, which ended in a punt. But after further evaluation in the locker room and a Cameron Dicker 27-yard field goal put the Chargers in front 10-0, Maye returned to the game for the Patriots’ third series, at the 10:15 mark of the second quarter. Maye scrambled for 9 yards on his first play back, ending with him being hit by linebacker Junior Colson as he slid to the ground. Colson was flagged for unnecessary roughness. Five plays later, Maye mistimed a toss to Demario Douglas, causing a fumble that was recovered by Derwin James. The Chargers took over on the New England 24 and nine plays later, Herbert connected with McConkey for a 6-yard touchdown pass to put Los Angeles in front 17-0. Chargers: WR Joshua Palmer left the game in the third quarter with a heel injury. DB Elijah Molden limped off the field after a collision in the third quarter. He returned but was later driven off the field on a golf cart because of a shin injury. Patriots: In addition to Maye, CB Christian Gonzalez left the game in the second quarter to be evaluated for a head injury and was later ruled out with a concussion. McConkey, a second-round draft selection, also set a Chargers rookie record for catches, surpassing Keenan Allen, who had 71 in 2013. Chargers: Visit Las Vegas in their regular-season finale. Patriots: Host Buffalo next Sunday in their season finale. AP NFL: https://apnews.com/hub/nflConcerns raised over hospitality staff after smoking curbs ditched
ROSEN, HIGHLY RECOGNIZED INVESTOR RIGHTS COUNSEL, Encourages MGP Ingredients, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – MGPITHE HAGUE, Netherlands (AP) — Alyssa Naeher ended her national team career with one last win. The stalwart goalkeeper made two critical saves in her final match for the United States, and the Americans beat the Netherlands 2-1 on Tuesday. “I definitely wasn’t thinking about it during the game, just wanted to win the game and do what I could to come away with the ‘W’ for us to close out the year,” Naeher said. Lynn Williams scored the go-ahead goal in the 71st minute for the U.S., which won its fifth Olympic gold medal in France this summer and wrapped up the year on a 20-game unbeaten streak. The Americans were coming off a scoreless draw with England on Saturday at Wembley Stadium. Naeher announced two weeks ago that the European exhibitions would be her final matches. The 36-year-old goalkeeper played in 115 games for the U.S., with 111 starts, 89 wins and 69 shutouts. Naeher is the only U.S. keeper with shutouts in both a World Cup and an Olympic final. She was in goal when the United States defeated the Netherlands 2-0 in the 2019 Women's World Cup final . “I feel like in my heart I would love to keep going. In my head, in my body and mind, I feel like it’s the right time. And I think it’s the right time with this team as well as it builds towards the future and towards 2027,” Naeher said. “This environment, this team, is an incredible team to be a part of, but it’s also really hard and really challenging in a lot of ways as well. “I feel like I’ve given everything I have to give for this team and that’s why I feel at peace with that.” The Netherlands took the lead on center back Veerle Buurman's header off a corner kick in the 15th minute. Naeher prevented a second goal when she punched away Dominique Janssen's shot in the 38th. The United States drew even at the end of the first half on an own goal that deflected off Buurman and past Dutch goalkeeper Daphne van Domselaar. Naeher slid to stop Danielle van de Donk's shot in the 69th minute before Williams, a second-half substitute, scored her fourth goal of the year and 21st of her career. “I wouldn’t say that this was our prettiest game of soccer ever. And sometimes that’s how games go. You can talk about tactics, you can talk about formations, you talk about everything, but the biggest thing was matching their intensity. Getting to the second ball, getting to the first ball. That was the shift that needed to happen,” Williams said about the team's second-half mindset. Naeher finished with six saves. She is not quite finished with soccer yet: She will continue playing next season for the Chicago Red Stars of the National Women's Soccer League. “She’s been consistent again and again. Even when she’s been questioned at times in her career, she’s always found the answer,” U.S. coach Emma Hayes said. “Not only has she been a great player in this program, but let me tell you, she’s so loved by everyone, players and staff alike. She is the best teammate you could ask for and that just speaks volumes to the person that she is.” Lily Yohannes came in as a substitute in the second half. Yohannes, who has dual citizenship, opted to play for the United States over the Netherlands last month. She plays professionally for the Dutch club Ajax. The U.S. finished the year without the trio of Mallory Swanson, Trinity Rodman and Sophia Smith, who were left off the roster for the final two matches to rest and heal nagging injuries. The U.S. is unbeaten in 15 matches under Hayes, who took over in May. AP soccer: https://apnews.com/hub/soccer
5G Testing Equipment Market to Expand by USD 605.76 Million (2024-2028), Driven by Growing Network Demand and AI-Powered Market Transformation - Technavio
5G Testing Equipment Market to Expand by USD 605.76 Million (2024-2028), Driven by Growing Network Demand and AI-Powered Market Transformation - TechnavioDishonored Is Free to Own in Deal That Will End in One Day14 Fictional Characters That Scared the Hell Out of Black Kids
LUANDA, Angola — Speaking of “our nation’s original sin,” President Joe Biden on Tuesday toured a slavery museum in Angola and inspected shackles and a whip but also addressed Africa’s future, saying Africans will make up 1 in 4 people by 2050 and the world’s fate rests in their hands. Biden’s visit, the first to Angola by a U.S. president, is meant to promote billions of dollars of commitments to the sub-Saharan African nation for what he called the largest ever U.S. rail investment overseas. “The United States is all in on Africa,” Biden earlier Tuesday told Angolan President João Lourenço, who called Biden’s visit a key turning point in U.S.-Angola relations dating back to the Cold War. But even as the trip was meant to counter China’s influence on the African continent of more than 1.4 billion people by showcasing a U.S. commitment of $3 billion for the Lobito Corridor railway redevelopment linking Zambia, Congo and Angola, China announced its own move. The corridor across southern Africa is meant to make it easier to ship raw materials for export and advance the U.S. presence in a region rich in critical minerals used in batteries for electric vehicles, electronic devices and clean energy technologies. China already has heavy investments in mining and processing African minerals, and on Tuesday it announced it is banning exports to the United States of gallium, germanium, antimony and other high-tech materials. It came a day after the U.S. expanded its list of Chinese technology companies subject to controls. The U.S. for years has built relations in Africa through trade, security and humanitarian aid. The 800-mile railway upgrade is different, with shades of China’s Belt and Road infrastructure strategy in Africa and other parts of the world. Biden will visit the coastal city of Lobito on Wednesday for a look at the corridor’s Atlantic Ocean outlet. The project also has drawn financing from the European Union, the Group of Seven leading industrialized nations, a Western-led private consortium and African banks. It was not clear how much of the U.S. commitments had been delivered and how much will depend on the Trump administration. Get local news delivered to your inbox!
Opinion: Australia is banning social media for teens. Should Canada do the same?Kangkan Kalita is a reporter with The Times of India and covers issues on health, education, stories of human interest while keeping a close watch on political developments and student movements. Reporting on environment and forest related issues and concerns of the northeast interest him equally. Read More Morning habits that can help improve concentration and performance at work Graceful snaps of Helly Shah Statement wedding jewellery inspired by ardent gemstone lover Nita Ambani Elegant snaps of Malavika Mohanan 10 simple ways you can boost productivity at work Vaani Kapoor's winter formal styling sets the next big fashion trend 10 authors who went viral on social media in 2024 Rasha Thadani's all-black look exudes chic elegance 8 tips to protect home garden in winters
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WSU’s long-term success depends on much more than next head coach | Analysis
Great politicians seem to have two main things in common: they pick the right time to be born and they pick the right time to leave office. Everything in between will be recast in their favour if they only get these two things right. Former German chancellor Angela Merkel recently released her memoir . She, without a doubt, picked the right time to be born. She was 35 when the Berlin Wall fell, creating a cause – an East German voice and self-determination in reunifying with the West – that impelled her into politics. She was undeniably smart, but also the right age and the right symbolic vehicle to catch chancellor Helmut Kohl’s eye and become his protegee. In just under 15 years, she became chancellor. If she’d left after one term – two at most – her greatness would never have been questioned. But after that, her legacy as a crucial advocate for East Germans in the process of unification and her historic ascent was overwritten by a series of decisions that have turned out to be disastrous for Germany, economically and geostrategically. A shadow has fallen over Anthony Albanese’s prime ministership in 2024. Credit: Alex Ellinghausen US presidents Ronald Reagan and Bill Clinton could also be said to have picked the right time to be born and, thanks to term limits in the US, also the right time to leave office. Reagan performed a necessary service in deregulating a sclerotic US economy, mired in stagflation, while presiding over the end of the Cold War. Clinton presided over a peaceful age of free trade and international co-operation. While neither was a flawless leader and the numerous mistakes they made can easily be identified, they avoided leading their nations into catastrophe. Anthony Albanese also picked the right time to be born: at the beginning of the ’60s, as the fruits of a social revolution against the rigid morality of the war generation were ripe and not yet spoiled. He was a beneficiary of the blossoming of the self-actualisation century, in which the chains of the traditional family were being rejected, to be replaced by a paternal social welfare state. As the child of a single mother, his timing was especially fortuitous; he and his mother were poor, but in highly relative terms historically. They lived in government-owned housing and his mother was entitled to (and received) a disability pension, as she was unable to work. His own university degree – nominally in political economy, mainly in ruthless campus politics – was free (to him, but of course not the taxpayer). Loading Albanese was, as it were, born into a cause: to call for more of this, which made him possible: more social solidarity delivered by the state to replace the sticky ties of family and community obligation that had been found to be unreasonably oppressive by his generation and some in the one before it. Though it wasn’t visible at the time – transformations of this kind are mostly visible only with the benefit of hindsight – Albanese was in on the ground floor of the transformation of Labor from the party of the worker to the party of the left-liberal, the party of welfare. Operating the politics of this movement, Albanese gained the respect of his colleagues and parts of the public. In retrospect, his ideal moment to leave, with this legacy at its zenith, might have been the day in 2013 when he fronted cameras to lament the self-harm playing out within the Labor Party during yet another spill of the Rudd-Gillard-Rudd era. Had he left then, he would have gone out channelling the disgust of Australians at the shenanigans of self-absorbed politicians, an avatar and hero of the people. Or maybe he could even have drawn it out a little longer and left a few years later, at the height of his “everyman” identity (according to The Daily Telegraph , which campaigned to “Save our Albo” in the face of a challenge to his seat from a group of further-left candidates). In either scenario, he would have been remembered as a likeable character in the soap opera of politics – good for future cameos to rally the faithful, positioned for a plum public role. Instead, he became prime minister. And the times have not suited him at all. Loading I could talk about inflation and the cost of living, misjudging the mood of the nation over the Voice referendum, the war in the Middle East and antisemitism at home. Or his approach to change, which has been deemed too incremental by some, too radical by others. I could point to the grip in which he finds himself pinioned, between the forefinger of his younger self in Green-on-the-outside, red-on-the-inside ideologist Max Chandler-Mather and the thumb of John Setka loyalists and the rebellious union movement. But none of these things are as fatal to his legacy as the luck of timing, because Albanese is a man built for an era of liberal gentility, who became PM just as the liberal era was drawing to an end. Albanese can, at least in part, blame Merkel for ending it. The post-Cold War leader of Germany, which, as the largest European economy, has an outsized role in underwriting the European Union, placed her faith in diplomacy over energy security and military deterrence. Germany and Europe are now less able to stand up against Russian strongman Vladimir Putin ’s attempt to seize Ukraine because of her miscalculations. The chief foreign affairs columnist at the Financial Times , Gideon Rachman , also implicates former US President Barack Obama for compounding Merkel’s mistakes by responding weakly or seeking to appease dictators. He concludes that “decisions taken by the two leaders – or often the decisions not taken by them – had a damaging, if delayed, impact on global stability”. Loading When even liberals like Rachman recognise that liberal heroes have made the world more dangerous, it is no wonder that voters around the world (who are usually quicker than FT columnists to sniff approaching dangers) are choosing a rougher cut of leader to champion them into the second quarter of the 21st century. Albanese will never be that. His political tradition is liberal largess, not protective menace. With the bad luck of timing hanging over him, whether he scrapes over the line at the coming election is moot. The politician he might have been remembered as has been overwritten. The question now is only whether his career is ended by his friends or his foes – with a bang, or with a long, drawn-out whimper. Parnell Palme McGuinness is managing director at campaigns firm Agenda C. She has done work for the Liberal Party and the German Greens. Get a weekly wrap of views that will challenge, champion and inform your own. Sign up for our Opinion newsletter . Save Log in , register or subscribe to save articles for later. License this article Political leadership Anthony Albanese Angela Merkel Barack Obama Putin's Russia Vladimir Putin More... Parnell Palme McGuinness is managing director at campaigns firm Agenda C. She has done work for the Liberal Party and the German Greens. Most Viewed in Politics Loading