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Controversial American firebrand Candace Owens has scored a big win in her ambition to promote a hard right political vision to crowds across Australia and New Zealand, with New Zealand authorities reversing an earlier decision to block her from entering their country. New Zealand’s immigration department had originally declined to grant Ms Owens a visa after Australian Immigration Minister Tony Burke blocked her from entering Australia on character grounds. But this week, New Zealand Associate Minister for Immigration Chris Penk overturned that decision following a request from Ms Owens. “The Minister has granted Ms Owens a visa following a request for Ministerial Intervention,” a spokesman for Mr Penk told NewsWire. “Immigration New Zealand originally declined her visa application on the basis of section 15(1)(f) of the Immigration Act following Ms Owens being denied entry to Australia. “Subsequently, Ms Owens requested intervention from the Associate Minister of Immigration to exercise his discretion and grant her a visa.” Ms Owens said she was “thrilled” about the opportunity to travel to the South Pacific nation “to speak with the people, share ideas and engage in meaningful conversations”. “I applaud the minister for standing up for the rights of individuals to engage in political discourse without fear of being silenced,” she said. Ms Owens was initially scheduled to tour both countries across November but following Mr Burke’s intervention, the shows were rescheduled for early 2025. The first date on the Candace Owens Live tour is listed for Auckland on February 28 and then Brisbane on March 4, Sydney on March 6, Perth on March 8, Adelaide on March 9 and then Melbourne on March 10. Ms Owens remains blocked from entering Australia. “From downplaying the impact of the Holocaust with comments about Mengele through to claims that Muslims started slavery, Candace Owens has the capacity to incite discord in almost every direction,” Mr Burke said in October on announcing his decision to block her visa. “Australia’s national interest is best served when Candace Owens is somewhere else.” Ms Owens blasted Mr Burke’s decision as a “petty act of vandalism” and launched an appeal. She has suggested her application was blocked due to her coverage of attacks on Palestinians in Gaza. “I just wanted to make sure that every person knows that despite me being fired, demonised, spoken ill about, I haven’t changed my position,” she said. “That’s what this really is, a petty act of vandalism. No one’s worried about me coming to Australia because they’re angry that they’ve put this narrative out about me and my listeners haven’t accepted it.” NewsWire understands the appeal process is ongoing. Ms Owens’ Ticketek page has stated ticket holders will be refunded if the Australian shows don’t go ahead. The influencer, who split from mainstream US conservative commentator Ben Shapiro and his news outlet The Daily Wire in March this year, counts 5.8 million followers on Twitter and some five million on Instagram. Executive Council of Australian Jewry co-chief executive Peter Wertheim called on Mr Burke to cancel Ms Owens’ visa, arguing she failed the character test under the Migration Act. “At a time of unprecedented strains on the cohesiveness of Australian society, which is very largely the outcome of ignorant and malicious comment on social media, the last thing we need to be importing into our country is yet another so-called celebrity who has made racist and bigoted comments about Jews and other vulnerable groups,” he said. Free speech advocates have applauded New Zealand’s reversal. “We applaud Chris Penk for doing the right thing and defending the speech rights for Candace Owens and all Kiwis,” Free Speech Union chief executive Jonathan Ayling said. “It was appalling to see Immigration New Zealand follow in the footsteps of Australia and deny Owens’ entry on spurious grounds. It’s a dangerous situation to be in when the State begins to cherrypick which voices we hear from.”
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LAKE FOREST, Ill. (AP) — Jaylon Johnson wasn't all that interested in discussing any bright spots or reasons to have hope for the Chicago Bears. The star cornerback made his feelings clear. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get the latest sports news delivered right to your inbox six days a week.
Yoenis Cespedes is pining for a Mets reunion. The former big league outfielder expressed his desire to play in Queens once again during a live stream from the Instagram account NYM_news on Wednesday. “I’m ready to play but just for the Mets,” Cespedes wrote from his official Instagram account. The Cuba native has been out of the majors since opting out of the 2020 season — after he played eight games — with the Mets due to COVID-19 concerns. At the time, sources told The Post that Cespedes partly stepped away from the team out of frustration with a lack of playing time that prevented him from reaching lucrative performance bonuses. In 2021, Cespedes attempted a comeback , holding a showcase in Fort Pierce, Fla. that 11 teams attended, and briefly spoke with the Mets about a potential reunion, although talks fell apart when the outfielder reportedly claimed he was unwilling to play in the minors. Cespedes, 39, has been out of professional baseball entirely since 2022-23 when he played for Águilas Cibaeñas in the Dominican Winter League. The Mets traded for Cespedes at the 2015 MLB trade deadline in exchange for pitchers Michael Fulmer and Luis Cessa. Before the 2017 season, Cespedes signed a four-year, $110 million deal with the Mets. Injuries, including separate surgeries to remove calcifications from both heels, which hampered him over the latter years with the Mets, playing in just 127 games from 2017-20. During five total seasons in the orange and blue, Cespedes hit .279/.344/.539 with 76 home runs and 205 RBIs, including making the National League All-Star team and finishing 8th in NL MVP voting in 2016. Cespedes played eight total seasons in the majors in stints with the A’s, Red Sox and Tigers, in addition to the Mets, after defecting from Cuba in 2011.The cryptocurrency market has once again proven that getting on the ground level of a great project can truly transform lives. Two such examples are Dogecoin (DOGE) and Cardano (ADA). Both have succeeded via their uniqueness and community. Rexas Finance (RXS) is the next opportunity. It is said to have an elaborate ecosystem, innovative features, high security, and active community participation. If you spent most of your time under a rock or simply came late to the DOGE and ADA parties, Rexas Finance allows you to get in early on a project with great growth potential. The Dogecoin and Cardano Phenomenon Dogecoin started as a joke meme coin but quickly became popular and gained strong appeal thanks to its community and mainstream interests. Similarly, Cardano placed a lot of emphasis on research and development and achieved mainstream success as an innovative contract platform. People who bought into these projects early on made significant profits, highlighting the merit of being an early mover to such opportunities. Rexas Finance is on a similar path. It aims to integrate effective technology with a strong community to develop a game-changing blockchain adoption platform. Rexas Finance (RXS): The New Frontier Rexas Finance, currently raising 30 million dollars during the 10th phase of its presale, priced at 0.15 dollars, aims to revolutionize the blockchain sphere by allowing asset tokenization, particularly in real estate, where a user gets to own a digital piece of the property. With 96.6% of tokens sold and a total amount raised of over 30.96 million dollars, the company has managed to attract the attention of investors. Rexas Finance enables users to tokenize real estate, goods, and even intellectual properties and manage these digitally dispelled actual assets. This disrupts the wealth and investment management world because it offers new forms of liquidity and management. Rexas Finance's emphasis on real-world asset tokenization places it well in the digital ecology. The RXS token is crucial to the platform because it facilitates exchanges, governance, and other utilities within the ecosystem. One expectation with the expansion of this platform in the market is that the RXS token will increase in value, as there will be a demand for RWA tokens. Rexas Finance Tokenomics: A Framework for Growth This RXS project has a total supply of 1 billion RXS tokens, and the allocation strategy reflects the establishment’s mission of inclusivity, stability, and innovation. In total, 42.5% of the tokens are set to be allocated to the presale stage, which currently stands at stage 10 and $0.15 per token, which helps mobilize momentum and allows broad-level involvement and liquidity. To help with the long-term stability of the ecosystem, 22.5% is set aside for staking rewards and encouraging long-term holding. On the other hand, 15% is allocated for liquidity to ensure that RXS can be traded seamlessly on first-tier exchange platforms. Rexas Finance has allocated 10% of its coins to its treasury for future investments and initiatives, thus allocating funds for future development to support the specific establishment's strategic growth. Three percent more will be spent promoting adoption worldwide, while five percent will reward the team and promote social equity. Finally, two percent will be used for partnerships that will help flatter the entire ecosystem. Security and Credibility Rexas Finance emphasizes making it easy for its users to trust the platform. One security firm, CertiK, has certified its smart contracts, assuring that the technoplatform's technology is transparent and impregnable. Further, Rexas Finance is on CoinMarketCap and CoinGecko, which makes it more legitimate. These measures boost clients' confidence, making RXS suitable for experienced and new crypto users. Community Giveaway: $1 Million Prize Pool Rexas Finance transcends technology by emphasizing community influence. The project's $1 million giveaway budget increases the chances of 20 lucky winners receiving 50,000 RXS tokens each. These measures help recognize faithful fans and motivate prospective investors to join the ecosystem. The participants can participate in the giveaway by promoting the project on social networks, bringing their friends to the presale, and participating in many other activities. This method also supplements the community and broadcasts the project, providing an upward growth and engagement spiral. Conclusion Rexas Finance combines innovation, security, and community support to create a platform poised for explosive growth. Whether it’s the CertiK-audited smart contracts, the $1 million giveaway, or the focus on real-world applications, RXS demands attention. Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.PHILADELPHIA (AP) — Penn State has won a closely watched trademark fight over an online retailer's use of its vintage sports logos and images. A Pennsylvania jury awarded Penn State $28,000 in damages on Wednesday over products made and sold by Vintage Brand and Sportswear Inc., two firms co-founded by former minor league baseball player Chad Hartvigson. Penn State accused them of selling “counterfeit” clothing and accessories, while the defendants said their website makes clear they are not affiliated with the university. At least a dozen other schools have sued the defendants on similar grounds, including Purdue, Stanford and UCLA, Penn State said in its 2021 lawsuit. However, the Penn State case was the first to go to trial and seen by some as a test case in the sports merchandising industry. “It addresses an important issue with trademark law — whether or not the mark owner is able to prevent third parties from using its marks on T-shirts and paraphernalia without permission,” said Tiffany Gehrke, a trademark lawyer in Chicago who was not involved in the case. The verdict, she said, maintains the status quo, while a victory for Vintage Brand “could have shaken things up.” It followed a six-day trial in federal court in Williamsport, Pennsylvania, overseen by Chief U.S. District Judge Matthew W. Brann. Defense lawyers declined to comment on the verdict and whether their clients planned to appeal. Penn State, in a statement, called its trademarks “critical” to the school's brand, and said it was grateful for the verdict. “The university appreciates this result as it relates to the many hundreds of licensees with whom the university works and who go through the appropriate processes to use Penn State’s trademarks," the statement said. Founded in 1855, Penn State adopted the Nittany Lion as its mascot in 1904 and has been using various images of the animal, along with the school's seal and other logos, for decades, the lawsuit said. The school now has more than 100,000 students at 24 campuses. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Be the first to know Get local news delivered to your inbox!
The 49ers' playoff hopes are still teetering even after get-right game against the Bears
Canadian boxer Tammara Thibeault signs with Jake Paul’s Most Valuable PromotionsREDWOOD CITY, Calif.--(BUSINESS WIRE)--Dec 9, 2024-- Zuora, Inc. (NYSE: ZUO), a leading monetization suite for modern business, today announced financial results for its fiscal third quarter ended October 31, 2024. Third Quarter Fiscal 2025 Financial Results: Descriptions of our non-GAAP financial measures are contained in the section titled "Explanation of Non-GAAP Financial Measures" below and reconciliations of GAAP and non-GAAP financial measures are contained in the tables below. Proposed Acquisition; Conference Call and Guidance On October 17, 2024, we announced that Zuora entered into a definitive agreement to be acquired by Silver Lake, the global leader in technology investing, in partnership with an affiliate of GIC Pte. Ltd. (“GIC”). The transaction is valued at $1.7 billion, with Silver Lake and GIC to acquire all outstanding shares of Zuora common stock for $10.00 per share in cash. The acquisition is expected to close in the first calendar quarter of 2024, subject to customary closing conditions and approvals, including the receipt of the required regulatory approvals. Upon completion of the transaction, Zuora will become a privately held company. Given the proposed acquisition of Zuora, we will not be holding a conference call or live webcast to discuss Zuora's third quarter of fiscal 2025 financial results, we will not be providing any forward looking guidance, and we are withdrawing all previously provided goals, outlook, and guidance. Key Operational and Financial Metrics: Explanation of Key Operational and Financial Metrics: Annual Contract Value (ACV) . We define ACV as the subscription revenue we would contractually expect to recognize from a customer over the next twelve months, assuming no increases or reductions in their subscriptions. We define the number of customers at the end of any particular period as the number of parties or organizations that have entered into a distinct subscription contract with us and for which the term has not ended. Each party with whom we have entered into a distinct subscription contract is considered a unique customer, and in some cases, there may be more than one customer within a single organization. Dollar-based Retention Rate (DBRR) . We calculate DBRR as of a period end by starting with the sum of the ACV from all customers as of twelve months prior to such period end, or prior period ACV. We then calculate the sum of the ACV from these same customers as of the current period end, or current period ACV. Current period ACV includes any upsells and also reflects contraction or attrition over the trailing twelve months but excludes revenue from new customers added in the current period. We then divide the current period ACV by the prior period ACV to arrive at our dollar-based retention rate. Annual Recurring Revenue (ARR). ARR represents the annualized recurring value at the time of initial booking or contract modification for all active subscription contracts at the end of a reporting period. ARR excludes the value of non-recurring revenue such as professional services revenue as well as contracts with new customers with a term of less than one year. ARR should be viewed independently of revenue and deferred revenue, and is not intended to be a substitute for, or combined with, any of these items. ARR growth is calculated by dividing the ARR as of a period end by the ARR for the corresponding period end of the prior fiscal year. Explanation of Non-GAAP Financial Measures: In addition to financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), this press release and the accompanying tables contain non-GAAP financial measures including: non-GAAP cost of subscription revenue; non-GAAP subscription gross margin; non-GAAP cost of professional services revenue; non-GAAP professional services gross margin; non-GAAP gross profit; non-GAAP gross margin; non-GAAP income from operations; non-GAAP operating margin; non-GAAP net income; non-GAAP net income per share; and adjusted free cash flow. The presentation of these financial measures is not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with GAAP. We use non-GAAP financial measures in conjunction with GAAP measures as part of our overall assessment of our performance, including the preparation of our annual operating budget and quarterly forecasts, to evaluate the effectiveness of our business strategies and to communicate with our Board of Directors concerning our financial performance. We believe these non-GAAP measures provide investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of our operating results. We also believe these non-GAAP measures are useful in evaluating our operating performance compared to that of other companies in our industry, as they generally eliminate the effects of certain items that may vary for different companies for reasons unrelated to overall operating performance. We exclude the following items from one or more of our non-GAAP financial measures: Additionally, we disclose "adjusted free cash flow", which is a non-GAAP measure that includes adjustments to operating cash flows for cash impacts related to Shareholder matters and Acquisition-related expenses described above, and net purchases of property and equipment. We include the impact of net purchases of property and equipment in our adjusted free cash flow calculation because we consider these capital expenditures to be a necessary component of our ongoing operations. We believe this measure is meaningful to investors because management reviews cash flows generated from operations excluding such expenditures that are not related to our ongoing operations. Investors are cautioned that there are material limitations associated with the use of non-GAAP financial measures as an analytical tool. The non-GAAP measures we use may be different from non-GAAP financial measures used by other companies, limiting their usefulness for comparison purposes. We compensate for these limitations by providing specific information regarding the GAAP items excluded from these non-GAAP financial measures. Forward-Looking Statements: This press release contains forward-looking statements that involve a number of risks and uncertainties. Words such as “believes,” “may,” “will,” “determine,” “estimates,” “potential,” “continues,” “anticipates,” “intends,” “expects,” “could,” “would,” “projects,” “plans,” “targets,” “strategy,” “likely,” and variations of such words and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this release include statements regarding the proposed acquisition of Zuora, including the expected timing of the closing of the acquisition, and expectations for Zuora following the completion of the acquisition. Forward-looking statements are based on management's expectations as of the date of this filing and are subject to a number of risks, uncertainties and assumptions, many of which involve factors or circumstances that are beyond our control. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in our Form 10-Q filed with the Securities and Exchange Commission on August 29, 2024 as well as other documents that may be filed by us from time to time with the Securities and Exchange Commission, including in our Quarterly Report on Form 10-Q for the quarter ended October 31, 2024. In particular, the following factors, among others, could cause results to differ materially from those expressed or implied by such forward-looking statements: the possibility that the closing conditions to the proposed acquisition are not satisfied (or waived), including the risk that required approvals from Zuora’s stockholders for the proposed acquisition or required regulatory approvals to consummate the acquisition are not obtained in a timely manner (or at all); the outcome of the current complaint and any potential litigation relating to the proposed acquisition; uncertainties as to the timing of the consummation of the proposed acquisition; the ability of each party to consummate the proposed acquisition; our ability to attract new customers and retain and expand sales to existing customers; our ability to manage our future revenue and profitability plans effectively; adoption of monetization platform software and related solutions, as well as consumer adoption of products and services that are provided through such solutions; our ability to develop and release new products and services, or successful enhancements, new features and modifications; challenges related to growing our relationships with strategic partners; loss of key employees; our ability to compete in our markets; adverse impacts on our business and financial condition due to macroeconomic or market conditions; the impact of actions to improve operational efficiencies and operating costs; our history of net losses and ability to achieve or sustain profitability; market acceptance of our products; the success of our product development efforts; risks associated with currency exchange rate fluctuations; risks associated with our debt obligations; successful deployment of our solutions by customers after entering into a subscription agreement with us; the success of our sales and product initiatives; our security measures; our ability to adequately protect our intellectual property; interruptions or performance problems; litigation and other shareholder related costs; the anticipated benefits of acquisitions and ability to integrate operations and technology of any acquired company; geopolitical conflicts or destabilizing events; other business effects, including those related to industry, market, economic, political, regulatory and global health conditions and other risks and uncertainties. The forward-looking statements included in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. We undertake no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release. Important Information and Where to Find It In connection with the proposed acquisition, Zuora has filed with the Securities and Exchange Commission (the “SEC”) a proxy statement in preliminary form on November 25, 2024, a definitive version of which will be mailed or otherwise provided to its stockholders. The Company and affiliates of the Company have jointly filed a transaction statement on Schedule 13E-3 (the Schedule 13E-3). Zuora may also file other documents with the SEC regarding the potential transaction. BEFORE MAKING ANY VOTING DECISION, ZUORA’S STOCKHOLDERS ARE URGED TO CAREFULLY READ THE PROXY STATEMENT AND THE SCHEDULE 13E-3 IN THEIR ENTIRETY AND ANY OTHER DOCUMENTS FILED WITH THE SEC AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS THERETO IN CONNECTION WITH THE PROPOSED TRANSACTION OR INCORPORATED BY REFERENCE THEREIN BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND THE PARTIES TO THE PROPOSED TRANSACTION AND RELATED MATTERS. Investors and security holders may obtain free copies of the proxy statement, the Schedule 13E-3 and other documents that Zuora files with the SEC from the SEC’s website at www.sec.gov and Zuora’s website at investor.zuora.com . In addition, the proxy statement, the Schedule 13E-3 and other documents filed by Zuora with the SEC (when available) may be obtained from Zuora free of charge by directing a request to Zuora’s Investor Relations at investorrelations@zuora.com . Participants in the Solicitation Zuora and certain of its directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from Zuora’s stockholders in connection with the proposed transaction. Information regarding the persons who may, under the rules of the SEC, be deemed to be participants in the solicitation of the stockholders of Zuora in connection with the proposed transaction, including a description of their respective direct or indirect interests, by security holdings or otherwise will be set forth in the proxy statement and Schedule 13E-3 and other materials to be filed with the SEC. You may also find additional information about Zuora’s directors and executive officers in Zuora’s proxy statement for its 2024 Annual Meeting of Stockholders, which was filed with the SEC on May 16, 2024 (the “Annual Meeting Proxy Statement”). To the extent holdings of securities by potential participants (or the identity of such participants) have changed since the information printed in the Annual Meeting Proxy Statement, such information has been or will be reflected in Zuora’s Statements of Change in Ownership on Forms 3 and 4 filed with the SEC. You can obtain free copies of these documents from Zuora using the contact information above. About Zuora, Inc. Zuora provides a leading monetization suite to build, run and grow a modern business through a dynamic mix of usage-based models, subscription bundles and everything in between. From pricing and packaging, to billing, payments and revenue accounting, Zuora’s flexible, modular software platform is designed to help companies evolve monetization strategies with customer demand. More than 1,000 customers around the world, including BMC Software, Box, Caterpillar, General Motors, The New York Times, Schneider Electric and Zoom use Zuora’s leading combination of technology and expertise to turn recurring relationships and recurring revenue into recurring growth. Zuora is headquartered in Silicon Valley with offices in the Americas, EMEA and APAC. To learn more, please visit zuora.com . © 2024 Zuora, Inc. All Rights Reserved. Zuora, Subscribed, Subscription Economy, Powering the Subscription Economy, Subscription Economy Index, Zephr, and Subscription Experience Platform are trademarks or registered trademarks of Zuora, Inc. Third party trademarks mentioned above are owned by their respective companies. Nothing in this press release should be construed to the contrary, or as an approval, endorsement or sponsorship by any third parties of Zuora, Inc. or any aspect of this press release. SOURCE: ZUORA, INC. (1) Stock-based compensation expense was recorded in the following cost and expense categories: (1) For the three months ended October 31, 2024 and 2023, GAAP and Non-GAAP net (loss) income per share are calculated based upon 152.3 million and 141.5 million basic and diluted weighted-average shares of common stock, respectively. For the nine months ended October 31, 2024 and 2023, GAAP and Non-GAAP net (loss) income per share are calculated based upon 149.5 million and 138.8 million basic and diluted weighted-average shares of common stock, respectively. View source version on businesswire.com : https://www.businesswire.com/news/home/20241209614914/en/ CONTACT: Investor Relations Contact: Luana Wolk investorrelations@zuora.com 650-419-1377Media Relations Contact: Margaret Juhnke press@zuora.com 619-609-3919 KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOFTWARE PAYMENTS ACCOUNTING PROFESSIONAL SERVICES TECHNOLOGY ELECTRONIC COMMERCE FINTECH OTHER TECHNOLOGY SOURCE: Zuora, Inc. Copyright Business Wire 2024. PUB: 12/09/2024 04:10 PM/DISC: 12/09/2024 04:08 PM http://www.businesswire.com/news/home/20241209614914/en
Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.32 per Common Share for 4Q24, an Increase of 2 Cents Over 3Q24, and an Aggregate of $5.19 per Common Share for 2024, an Increase of 23 Cents, or 5 Percent, Over 2023Elon Musk AI Company xAI Secures $6 Billion in Series C Funding Round, to Accelerate Progress