BW LPG Limited – BW LPG Takes Delivery of Vessels BW Mistral and BW Polaris From Avance GasNone
Vertical Aerospace Finalises Investment Agreement
Percentages: FG .379, FT .895. 3-Point Goals: 7-24, .292 (Tomley 6-7, Vartiainen 1-3, Burris 0-1, Hennig 0-1, Vucinic 0-1, Threatt 0-3, Koehler 0-8). Team Rebounds: 5. Team Turnovers: 1. Blocked Shots: 1 (Hennig). Turnovers: 12 (Tomley 3, Koehler 2, Tew 2, Threatt 2, Moore, Vartiainen, Vucinic). Steals: 10 (Tew 2, Threatt 2, Vartiainen 2, Burris, Hennig, Koehler, Tomley). Technical Fouls: None. Percentages: FG .327, FT .625. 3-Point Goals: 4-14, .286 (Bethea 3-6, Todorovic 1-4, Odum 0-4). Team Rebounds: 2. Team Turnovers: None. Blocked Shots: 5 (Coulibaly 2, Dozic, Faure, Mager). Turnovers: 14 (Todorovic 5, Odum 3, Mager 2, Bethea, Dozic, Faure, Olvera). Steals: 7 (Bethea 2, Butka, Coulibaly, Dozic, Odum, Olvera). Technical Fouls: Waves, 14:00 second; Bethea, 13:18 second. .If you’ve ever felt slow at anything – reading, learning, finishing a trendy streaming series – take comfort in knowing that at least you are not one of today’s fastest supercomputers. The machines boastful enough to suffix themselves “super” have been dealt a devastating blow by a quantum chip named Willow, unveiled this week by . Google says its new chip performed a standard benchmark computation in under five minutes that would take one of today’s fastest supercomputers – per a by Hartmut Neven, founder and lead of Google Quantum AI, “a number that vastly exceeds the age of the Universe.” Neven says that when he founded Google Quantum AI in 2012, “the vision was to build a useful, large-scale quantum computer that could harness quantum mechanics – the ‘operating system’ of nature to the extent we know it today – to benefit society by advancing scientific discovery, developing helpful applications, and tackling some of society’s greatest challenges.” Now, with Willow putting today’s fastest supercomputers to absolute shame, he says the path toward commercially relevant applications is significantly shorter. Roughly, that is, around ten septillion years shorter. Neven says this “mind-boggling number” beyond comprehensible timescales “lends credence to the notion that quantum computation occurs in many parallel universes, in line with the idea that we live in a multiverse, a prediction first made by .” If Google taking the world into a with the blast of a press release sounds a bit like playing god, the paranoid will not be encouraged by Google’s visual framing of the Willow chip as a shining monolith hovering over a windblown beach. The announcement of a chip that makes today’s fastest supercomputers look like indolent slugs sent ripples across the breadth of the tech industry – but particularly professions that rely on cryptography. Quantum computing has been flagged as a potentially to all known cryptographic technology, a universal breaker that could reset data security back to factory settings – the next Y2K. Some estimates say that scenario is likely within about five years. But no one knows for sure. Enter the concept of “quantum resiliency” and . If biometrics and other identity data are to be kept safe from the quantum scourge, it has to be made resilient to the threat. In an email to , Karl Holmqvist, CEO of quantum-resilient identity provider , says “we are significantly closer to a cryptographically relevant quantum computer than many people believe, and the rate of development is accelerating.” Lastwall, which is based in Fredericton, New Brunswick, works on critical infrastructure, government and defense use cases, primarily for the U.S. and European markets. Needless to say, security is core to its business. Holmqvist says he can understand skeptics who have a hard time buying the complete collapse of asymmetric that secure all the world’s data. But “in the last 24 months, we’ve seen significant milestones and breakthroughs across a variety of architectural approaches to building scalable quantum computers that are fault tolerant.” What that means (literally) is probably up for debate. But Holmqvist says the real question revolves around that too-common human feeling of being too late. “Would you rather understand the implications of post-quantum cryptographic (PQC) deployments, test them in your environments, and be prepared to rapidly deploy when needed,” he asks. “Or risk losing your secrets?” Speaking on the , Holmqvist says the tools to tackle the new quantum reality are emerging, Holmqvist says. “The rise of and the idea of things like passkeys and biometrically bound passkeys that are stirred in TPMs, that gives us a new set of tools that become the primary way to do things.” At the very end of Hartmut Neven’s post about Willow, he makes space for a sentence on its potential benefits: “helping us discover new medicines, designing more efficient batteries for electric cars, and accelerating progress in fusion and new energy alternatives.” Reporting on Willow has tended to focus on the technical achievement the chip represents – the sheer speed and power and unfathomability contained in an object that has been described as “about the dimensions of an .” So far, there has not been much apparent discussion of whether or not we need a Willow in our lives. As often happens with cutting-edge tech, it is presented as an inevitability, too far established by the time it reaches the public eye to be contained. Neven, who left AI to work in quantum, says “advanced AI will significantly benefit from access to quantum computing.” Increasingly, the benefits of the most advanced tech appear to be shared between machines. So if the laundry takes a few extra days, don’t sweat it. | | | | |
NoneFederal politics live: Social media ban a 'test' for Peter Dutton as backbenchers raise concerns, Labor minister says - ABC NewsATLANTA , Dec. 23, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today announced it has received notification (the "Acceptance Letter") from the New York Stock Exchange (the "NYSE") that the NYSE has accepted the Company's previously-submitted plan (the "Plan") to regain compliance with the NYSE's continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual relating to minimum market capitalization and stockholders' equity. In the Acceptance Letter, the NYSE granted the Company an 18-month period from September 12, 2024 (the "Plan Period") to regain compliance with the continued listing standards. As part of the Plan, the Company is required to provide the NYSE quarterly updates regarding its progress towards the goals and initiatives in the Plan. In the Plan, Kore included details regarding previously reported operational restructuring activities, as well as an outlook on the Company's business. The Company expects its common stock will continue to be listed on the NYSE during the Plan Period, subject to the Company adherence to the Plan and compliance with other applicable NYSE continued listing standards. The Company's receipt of such notification from the NYSE does not affect the Company's business, operations or reporting requirements with the U.S. Securities and Exchange Commission. Cautionary Note on Forward-Looking Statements This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "guidance," "project," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding expected progress with the Company's compliance plan submitted to the NYSE, expected compliance with continued listing standards of the NYSE and expected continued listing of the Company's common stock on the NYSE. These statements are based on various assumptions and on the current expectations of KORE's management. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor or other person as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of KORE. These forward-looking statements are subject to a number of risks and uncertainties, including general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; risks related to the rollout of KORE's business and the timing of expected business milestones; risks relating to the integration of KORE's acquired companies, including the acquisition of Twilio's IoT business, changes in the assumptions underlying KORE's expectations regarding its future business; our ability to negotiate and sign a definitive contract with a customer in our sales funnel; our ability to realize some or all of estimates relating to customer contracts as revenue, including any contractual options available to customers or contractual periods that are subject to termination for convenience provisions; the effects of competition on KORE's future business; and the outcome of judicial proceedings to which KORE is, or may become a party. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that KORE presently does not know or that KORE currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect KORE's expectations, plans or forecasts of future events and views as of the date of this press release. KORE anticipates that subsequent events and developments will cause these assessments to change. However, while KORE may elect to update these forward-looking statements at some point in the future, KORE specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing KORE's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. KORE Investor Contact: Vik Vijayvergiya Vice President, IR, Corporate Development and Strategy vvijayvergiya@korewireless.com (770) 280-0324 View original content to download multimedia: https://www.prnewswire.com/news-releases/kore-announces-nyse-acceptance-of-plan-to-regain-listing-compliance-302338621.html SOURCE KORE Group Holdings, Inc.Set to host the Ravens on Christmas Day, the Houston Texans claimed wide receiver Diontae Johnson off waivers on Monday after Baltimore waived him last week. Thin at receiver behind star Nico Collins due to season-ending injuries to Stefon Diggs (torn ACL) and Tank Dell (torn ACL, dislocated kneecap), the Texans are hoping Johnson, 28, can provide depth at the position alongside Robert Woods, Xavier Hutchinson and John Metchie III. With the Ravens, Johnson reeled in just one catch for 6 yards and received a one-game suspension for what the team said was refusing to enter a game against the Philadelphia Eagles on Dec. 1. Baltimore waived him on Friday. An unrestricted free agent after this season, Johnson is joining his fourth team this calendar year after he was traded from the Pittsburgh Steelers to Carolina in March and then moved from the Panthers to the Ravens in October. A third-round draft pick in 2019, Johnson had 30 receptions for 357 yards and three touchdowns in seven games (all starts) for the Panthers earlier this season. In six career seasons, the 2021 Pro Bowl selection has 422 receptions for 4,726 yards and 28 TDs for the Steelers (2019-23), Panthers and Ravens. --Field Level Media
NoneArsenal have momentum back after ‘crazy’ win at West Ham – Mikel ArtetaNEW YORK and LONDON , Dec. 12, 2024 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC) (the "Company") today announced that it has priced an underwritten public offering of 1,200,000 shares of its 8.00% Series A Preferred Stock Due 2029 (the "Preferred Shares") at a public offering price of $25 per share, which will result in net proceeds to the Company of approximately $28.8 million after payment of underwriting discounts and estimated offering expenses payable by the Company. The Preferred Shares are rated 'BBB' by Egan-Jones Ratings Company, an independent rating agency. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 180,000 Preferred Shares pursuant to the same terms and conditions. The offering is expected to close on December 18, 2024 , subject to customary closing conditions. The Company intends to list the Preferred Shares on the New York Stock Exchange within 30 days of the original issue date under the symbol "PDPA." Lucid Capital Markets, LLC ("Lucid"), B. Riley Securities, Inc. and Kingswood Capital Partners, LLC are acting as joint book-running managers and InspereX LLC and Janney Montgomery Scott LLC are acting as lead managers for the offering. Investors should consider the Company's investment objectives, risks, charges and expenses carefully before investing. The preliminary prospectus, which has been filed with the Securities and Exchange Commission ("SEC"), contains this and other information about the Company and should be read carefully before investing. The information in the preliminary prospectus and this press release is not complete and may be changed. The preliminary prospectus and this press release are not offers to sell these securities and are not soliciting an offer to buy these securities in any state where such offer or sale is not permitted. A registration statement relating to these securities is on file with and has been declared effective by the SEC. Copies of the preliminary prospectus (and the final prospectus, when available) may be obtained by writing to Lucid Capital Markets, LLC, 570 Lexington Avenue, New York, New York 10022, by calling Lucid toll-free at 646-362-0256 or by sending an e-mail to Lucid at prospectus@lucid.com . Copies also may be obtained on the SEC's website at www.sec.gov . Egan-Jones Ratings Company is a nationally recognized statistical rating organization (NRSRO). A security rating is not a recommendation to buy, sell or hold securities, and any such rating may be subject to revision or withdrawal at any time by the applicable rating agency. About Pearl Diver Credit Company Inc. Pearl Diver Credit Company Inc. (NYSE: PDCC) is an externally managed, non-diversified, closed-end management investment company. Its primary investment objective is to maximize its portfolio's total return, with a secondary objective of generating high current income. The Company seeks to achieve these objectives by investing primarily in equity and junior debt tranches of CLOs collateralized by portfolios of sub-investment grade, senior secured floating-rate debt issued by a large number of distinct US companies across several industry sectors. The Company is externally managed by Pearl Diver Capital LLP. For more information, visit www.pearldivercreditcompany.com . Forward-Looking Statements This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the prospectus and the Company's other filings with the SEC. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release. NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE Investor Contact: Info@Pearldivercap.com UK: +44 (0)20 3967 8032 US: +1 617 872 0945 View original content to download multimedia: https://www.prnewswire.com/news-releases/pearl-diver-credit-company-inc-prices-offering-of-series-a-preferred-stock-302330836.html SOURCE Pearl Diver Credit Company Inc.
State Homeland Security prepping for 3rd big snow storm of season