Dan Rayburn, Frost & Sullivan Principal Analyst, joins Yahoo Finance’s Akiko Fujita to discuss why Quibi is shutting down despite $1.75 billion in venture funding.
Dan Rayburn, Frost & Sullivan Principal Analyst, joins Yahoo Finance’s Akiko Fujita to discuss why Quibi is shutting down despite $1.75 billion in venture funding.
"If I have news - I promise I'll share it with you," the Little Women actress, 31, wrote on Twitter Monday
KBS, one of the largest investors in premier commercial real estate in the nation, announced that four of its Class A office properties in Texas have achieved WiredScore certification.
Former Google Exec and Cloud Sales Leader Joins as VP Sales, EMEA Rajh Das joins HYCU as VP Sales, EMEA BOSTON, May 17, 2021 (GLOBE NEWSWIRE) -- HYCU, Inc., a pioneering enterprise software company specializing in multi-cloud data backup and recovery as a service, today announced Rajh Das has joined the company in the new role of VP Sales, Europe, Middle East and Africa (EMEA.) Mr. Das has spent the past twenty years working for leading industry cloud and enterprise companies including EMC, IBM, Microsoft and Xerox. Most recently, he was at Google UK where he was a leader in the Cloud business running the Manufacturing, Industrial and Life Sciences sector. In his roles over time, Mr. Das has led sales, pre-sales, customer success and engineering teams. He brings focus, passion and curiosity for people and technology that inspired his work with a broad portfolio of European advisory roles with owner run companies and social enterprises. Mr. Das marks the thirtieth new hire since HYCU closed an $87.5M Series A financing round led by Bain Capital Ventures with participation by Acrew Capital. “Rajh is a proven sales leader and an effective team builder. His passion and energy is infectious and all of us at HYCU are looking forward to having him on the team as a key sales leader,” said Simon Taylor, Founder and CEO, HYCU, Inc. “It’s not just his time at Google UK that was so impressive but he has a proven track record of success, and leading and delivering at every company he has worked at including an impressive time at Microsoft UK. As one of the leading growth areas for HYCU, our Google Cloud business continues to deliver impressive results and I know Rajh will be instrumental in scaling our enterprise sales and multi-cloud backup and recovery as a service solutions portfolio to new levels. We continue to add talent like Rajh to our roster and his customer first mentality is a natural fit for all of us at HYCU. He is the thirtieth new hire in the past 30 days and we are well on the way to hit our talent acquisition targets for the year.” “I’m delighted to be joining HYCU at such an exciting time,” said Mr. Das. “The leadership culture, people and technology coupled with the market conditions put HYCU in an unbelievably advantageous place to be now. I am looking forward to continuing to connect and collaborate with my new colleagues and our growing customer and partner base to drive innovation and ensure we are successful as our customers transform their businesses.” Mr. Das has a degree in Operations Management from the University of Nottingham and an MBA from Cass Business School (London). About HYCUHYCU is the fastest-growing leader in the multi-cloud backup and recovery as a service industry. By bringing true SaaS-based data backup to both on-premises and cloud-native environments, the company provides unparalleled data protection, migration and disaster recovery to more than 2,000 companies worldwide. HYCU’s award-winning, purpose-built solutions eliminate the complexity, risk and high cost of legacy-based solutions, providing data protection simplicity in a hyper-connected, multi-cloud world. Customers experience frictionless, cost-effective data backup and recovery, no matter where their data resides. Based in Boston, Mass., the company employs 200 people across the globe. Learn more at www.hycu.com. For further information, please contact:Don JenningsHYCU, Inc.Tel: (617) 791-1710Email: email@example.com A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/d852378e-e5c9-4d22-b866-9fd68029ed8e
Also transforming into their musical heroes are Coleen Nolan and Jenny Powell.
After two years of negotiations with the Ford government to establish a bilateral economic growth and prosperity table, the Chiefs of Ontario (COO) have received just under $1 million to spend over the next two years to move forward. The next step is to establish the Chiefs Committee on Economic Growth and Prosperity, which will be the “key body that will determine the priorities and guide the work of the table,” said Ontario Regional Chief RoseAnne Archibald. Meetings also need to be set up between COO’s leadership council and Premier Doug Ford and his Cabinet. “There are some interim steps before the determination of the agenda is made so it really depends on the chiefs themselves because the chiefs are going to be the ones who will really be directing (this) and they will determine what will be discussed in the prosperity table,” said Archibald. That table, she says, is an opportunity for Ontario First Nations and the province to work toward a shared goal. It was something she campaigned on when she was running for regional chief and something she continued to push over the past two years as a line item in the Ford budget. “For me, listening to the Conservatives, they had a very strong economic agenda and this is something that is shared by First Nations. That's where the idea of the prosperity table came about. If we're going to interact with this provincial government, we had to find a space and subject matter that we could agree on,” said Archibald, who became regional chief at the same time Ford’s Provincial Conservatives were elected. A key objective of the table will be to work in partnership with Ontario to establish three economic growth funds, said Archibald. While funding is available presently through both the province and the federal governments to help build capacity in First Nations, Archibald says COO is looking for more dollars towards this end from Ontario. A second fund will invest in entrepreneurs, helping individuals develop their businesses, including joint ventures and partnerships outside their communities, and even internationally. A third fund, which Archibald anticipates will be the largest, is a partnership fund that will allow First Nations and entrepreneurs to partner in a variety of areas, including with industry, manufacturers, and municipalities through grants, equity, interest free loans or loans. Funding is only one aspect of the prosperity table, but it’s integral to the success of First Nations entrepreneurs. “To me that’s the most important element of this table, to make sure there is this funding and loans and equity available to really move economic development forward in Ontario,” said Archibald. She adds that chiefs may also decide to look at federal funding in order to shore up economic development by First Nations. “Whether we start to bring the federal government into this conversation is perhaps an evolutionary kind of process that might happen organically, but it’s hard to say because the table is at the very beginning and the chiefs have to determine where this table goes and what it does. It’s all in the hands of the chiefs,” said Archibald. Considering Ford’s low approval ratings there may only be a two-year time frame for the province to negotiate on how economic development will move forward. “It will be up to chiefs and grand chiefs to see what they can accomplish in two years,” said Archibald. Windspeaker.com Shari Narine, Local Journalism Initiative Reporter, Windspeaker.com, Windspeaker.com
Not content to let the premier’s 10-year Health Accord task force have all the fun, the City of St. John’s decided it wanted a healthy living initiative all its own. It came Monday in the form of a partnership with Eastern Health called the Healthy City Strategy, and begins with a four-week public engagement initiative to help outline what the plan will be. “By partnering with the City of St. John’s on this 10-year strategy, we are committing to working together to find solutions that will improve health outcomes for residents and enable them to take steps to improve the overall health of the population,” David Diamond, president and CEO of Eastern Health, said during a media event at city hall. “This strategy is aligned with Eastern Health’s vision of healthy people, healthy communities, which highlights our long-standing commitment to the health and well-being of individuals, families and communities.” Diamond said there is no price tag on Eastern Health’s contribution to the strategy, but the health authority has the staff and expertise to help. It also offers small grants for some initiatives, as it has with community garden projects in the region. “We’re absolutely delighted that the city has reached out with the leadership they’ve provided,” he said. “We have lots of expertise in public health and population health.” He said the authority engages with other municipalities in the rest of the region through community advisory committees. “So, in a slightly different format, we are actually having these conversations all around the region." Mayor Danny Breen said the city has been working on healthy living strategies for the past five years, and the new partnership will mirror, to some extent, the work being done by Dr. Pat Parfrey and Sister Elizabeth Davis, co-chairs of the Health Accord task force. “It is putting a ‘health in all policies’ approach to our decisions that we make as a council,” he said, adopting one of the Health Accord leaders’ favoured terms. “It certainly aligns with what Dr. Parfrey and Sister Elizabeth are doing in their Health Accord work.” The partners will draw from existing committees and community groups such as Food NL to shape their vision. “Having a healthy city and a place where people feel that they are healthy, happy … is one of the important strategies of the city,” Breen said. “It’s an important day for us as we move forward to identify what makes a healthy and happy St. John’s, and use those results in our future planning.” A public engagement survey, active until June 18, can be found online at engagestjohns.ca. After completing the survey, respondents can register to attend a virtual information session tailored for individual neighbourhoods. Residents can also call Access St. John’s at 311 or 754-CITY to speak with the project team. A detailed draft of the strategy is expected in September. Peter Jackson, Local Journalism Initiative Reporter, The Telegram
President Joe Biden expressed support for a cease-fire between Israel and Gaza's militant Hamas rulers in a call to Israeli Prime Minister Benjamin Netanyahu on Monday, but stopped short of demanding an immediate stop to the eight days of Israeli airstrikes and Hamas rocket barrages that have killed more than 200 people, most of them Palestinian. Biden's carefully worded statement, in a White House readout of his second known call to Netanyahu in three days as the attacks pounded on, came with the administration under pressure to respond more forcefully. despite its determination to wrench the U.S. foreign policy focus away from Middle East conflicts. Biden's comments on a cease-fire were open-ended, according to the White House. That's in contrast to demands from dozens of Democratic lawmakers and others for an immediate halt by both sides. But the readout of the call showed increased White House concern about the bombing —including Israeli airstrikes aimed at weakening Hamas — while sticking to forceful support for Israel. The U.S. leader “encouraged Israel to make every effort to ensure the protection of innocent civilians,” the White House said. But that was in the statement only after it said he renewed “his firm support for Israel’s right to defend itself against indiscriminate rocket attacks.” Netanyahu told Israeli security officials late Monday that Israel would “continue to strike terror targets” in Gaza “as long as necessary in order to return calm and security to all Israeli citizens.” As the worst Israeli-Palestinian fighting since 2014 raged, the Biden administration had limited its public criticisms to Hamas and has declined to send a top-level envoy to the region. It also had declined to press Israel publicly and directly to wind down its latest military operation in the Gaza Strip, a six-mile by 25-mile territory that is home to more than 2 million people. Cease-fire mediation by Egypt and others has shown no sign of progress. Separately, the United States, Israel’s top ally, blocked for a third time Monday what would have been a unanimous statement by the 15-nation U.N. Security Council expressing “grave concern” over the intensifying Israeli-Palestinian conflict and the loss of civilian lives. The final U.S. rejection killed the Security Council statement, at least for now. White House press secretary Jen Psaki and national security adviser Jake Sullivan said the United States was focusing instead on “quiet, intensive diplomacy.” Biden has been determined to wrench U.S. foreign policy away from Middle East and Central Asia conflicts, including withdrawing U.S. troops from Afghanistan and ending support for a Saudi-led war in Yemen, to focus on other policy priorities. Internationally for the U.S., that means confronting climate change and dealing with the rise of China, among other objectives. That shift carries risks, including weathering flaring violence as the United States steps back from hotspots. Secretary of State Antony Blinken, speaking in Denmark on the first stop of an unrelated tour of Nordic countries, said Monday the United States was ready to spring in to help if Israel and Hamas signal interest in ending hostilities — but that the U.S. wasn’t demanding that they do so. “Ultimately it is up to the parties to make clear that they want to pursue a cease-fire,” Blinken said. He described U.S. contacts to support an end to the fighting, including the calls he was making midair between his Nordic stops. Blinken defended the U.S. handling of the decades-old Israeli-Palestinian conflict as America works to push for climate-accord deals, withdraw troops from Afghanistan, and turn U.S. attention to what Biden sees as the nation’s most pressing foreign policy priorities. “We have to be able to do everything at once; that’s the challenge,” Blinken said. It’s “a big world and we do have responsibilities," he said. Senate Majority Leader Chuck Schumer on Monday joined dozens of Democratic lawmakers — and one Republican, and independent Sen. Bernie Sanders — in calling for the cease-fire by both sides. A prominent Democrat, Rep. Adam Schiff, the House intelligence committee chairman, pressed the U.S. over the weekend to get more involved. Progressive Democrats have been more outspoken in demanding pressure on Israel — and Republicans and conservative Democrats comparatively quiet, for a politically fraught U.S. issue like support for Israel — as the death toll has mounted. Rep. Cori Bush, a Missouri Democrat, linked Palestinian issues to those of Black Americans. “We oppose our money going to fund militarized policing, occupation, and systems of violent oppression and trauma,” Bush tweeted. But Senate Minority Leader Mitch McConnell, R-Ky, took the Senate floor on Monday to assail lawmakers for including Israel in their demands for a cease-fire. “To say that both sides, both sides need to de-escalate downplays the responsibility terrorists have for initiating the conflict in the first place and suggests Israelis are not entitled to defend themselves against ongoing rocket barrages,” McConnell said. In a shot at Democrats, McConnell said, “The United States needs to stand foursquare behind our ally, and President Biden must remain strong against the growing voices within his own party that create false equivalence between terrorist aggressors and a responsible state defending itself.” Sen. Rick Scott, R-Fla., led 19 Republican senators releasing a resolution supporting Israel's side of the fighting. They plan to try to introduce the legislation next week. Blinken also said Monday he had asked Israel for any evidence for its claim that Hamas was operating in a Gaza office building housing The Associated Press and Al Jazeera news bureaus that was destroyed in an Israeli airstrike over the weekend. But he said that he personally had “not seen any information provided.” ___ Knickmeyer reported from Oklahoma City, Lee from Copenhagen, Denmark, and Lederer from New York. Associated Press writers Lisa Mascaro, Alan Fram, Aamer Madhani, Padmananda Rama and Joshua Boak in Washington contributed. Ellen Knickmeyer, Matthew Lee And Edith M. Lederer, The Associated Press
TORONTO, May 17, 2021 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQB:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at April 30, 2021, its unaudited net asset value per share (“NAV”) was $1.22. This announcement is made based on ThreeD’s newly established practice of releasing NAV on a monthly basis as part of the Company’s ongoing response to shareholder interest in receiving periodic information. NAV is calculated based on unaudited month-end financial information. Use of Non-GAAP Financial Measures: This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure. NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. There is no comparable GAAP financial measure presented in ThreeD’s consolidated financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure. The Company believes that the measure provides information useful to its shareholders in understanding the Company’s performance, and may assist in the evaluation of the Company’s business relative to that of its peers. This data is furnished to provide additional information and does not have any standardized meaning prescribed by GAAP. Accordingly, it should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP, and is not necessarily indicative of other metrics presented in accordance with GAAP. Existing NAV of the Company is not necessarily predictive of the Company’s future performance or the NAV of the Company as at any future date. About ThreeD Capital Inc. ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem. For further information:Lynn Chapman, CPA, CAChief Financial Officer and Corporate SecretaryChapman@threedcap.comPhone: 416-941-8900 The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof. Forward-Looking Statements This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as "forward-looking statements") within the meaning of Canadian securities laws including, without limitation, statements with respect to the future disclosure of NAV by the Company and the approximate timing thereof. All statements other than statements of historical fact are forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur including, without limitation, risks relating to the timing and content of future public disclosures by the Company or related to the fact that the term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies and may not be indicative of NAV for any future periods. Although the Company believes that the expectations reflected in the forward looking statements contained in this press release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause the Company's actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.
QPR youth player Kiyan was 15 years old when he was stabbed to death trying to break up a fight in 2006.
Warning: This post contains a major spoiler from Episode 2 of The Underground Railroad. To be clear, The Underground Railroad is a serious and thought-provoking work of art. The 10-part limited series, which Oscar winner Barry Jenkins adapted from Colson Whitehead’s Pulitzer Prize-winning novel of the same name, is now streaming on Amazon Prime and […]
The U.S. Senate voted 86-11 Monday to open debate on a measure authorizing more than $110 billion for basic and advanced technology research over five years in the face of rising competitive pressure from China. The Endless Frontier Act would authorize most of the money, $100 billion, to invest in basic and advanced research, commercialization of the research, and education and training programs in key technology areas like artificial intelligence (AI). Senate Democratic Leader Chuck Schumer said the Senate will debate the bill for a week or two beginning on Tuesday.
Premier Jason Kenney says having MLAs express a diversity of views on COVID-19 is fine, but members of the UCP caucus need to demonstrate loyalty to the team. "I've always welcomed an expression of views. But they have to be articulated in a responsible way," he said at a news conference Monday. "And at the end of the day, we are a team and there has to be respect for that team. There has to be a minimal level of caucus solidarity and mutual loyalty. And I think that was behind the decision that was made last last week." Kenney's comments came four days after caucus voted to expel Cypress-Medicine Hat MLA Drew Barnes and Central Peace-Notley MLA Todd Loewen from their ranks. Last month, 16 UCP MLAs signed a public letter criticizing the government's public health restrictions for being too harsh. At the time, Kenney said he welcomed a wide-ranging debate as long as it was based on facts. However, it appeared that Barnes and Loewen went too far. While Barnes has been an outspoken critic for months, Loewen was kicked out for his letter on Thursday calling for Kenney's resignation. Both men will sit as independent MLAs when the house resumes sitting on May 25 The vote to remove Barnes and Loewen was not conducted by secret ballot. Instead MLAs, who were meeting virtually, texted their decision on Loewen and Barnes's fates to Calgary-Currie MLA Nick Milliken, the acting chair of the UCP caucus. Milliken is obliged to keep who voted how a secret, but Loewen said the process may have caused some MLAs to think twice about their vote. When asked about the vote on Thursday, Kenney said he didn't know the actual numbers. He also refused to disclose how he voted. "My vote was a secret vote. It's a matter of caucus confidentiality," Kenney said. "I'm not going to breach that confidentiality." The legislature remains on a hiatus until May 25. Kenney initially delayed the sitting for two weeks due to COVID-19 cases before extending the delay another week so the legislature could transition to virtual sittings.
Eastern Health CEO David Diamond said Monday merging Newfoundland and Labrador’s four health authorities into one is not an unreasonable step, but he was less willing to speculate on what a 25 per cent cut in funding would mean for health services in the province. Diamond came to city hall to sign a new healthy-city partnership with St. John’s, but spent much of his time fielding questions about recommendations put forth this month by the Premier’s Economic Recovery Team (PERT) in the controversial Greene report. "It’s obviously possible,” he told reporters, when asked about the recommended consolidation. “At least three other provinces — Alberta and New Brunswick and Saskatchewan — have moved from a regional health authority system into a provincial health authority system. I happened to be in Alberta at the time they made those changes, so I know it is possible.” He said the transition can be difficult, but the outcome can be positive. “Once you get to the other side, it is certainly a very valid model and certainly would allow the province to manage its health-care system in a very streamlined fashion. I’m certainly not opposed to one provincial system.” Diamond said unions would have to realign themselves with the changes. “If you move into a new provincial organization, your bargaining unit structure would have to change in order to mirror a new organization,” Diamond admitted, but added the authority would play no role in salaries or benefits. “Those are policy decisions beyond the scope of Eastern Health.” Diamond seemed much more skeptical about a proposed cut of 25 per cent in health spending over a six-year period. “Twenty-five per cent is a big number,” he said, adding that the estimated $750-million saving per year is equal to half of Eastern Health’s entire budget. “We’re certainly prepared as Eastern Health to step up and do our part. What’s not as clear to me is whether the order of magnitude of what’s reflected in the Greene report is a number that we can attain, but it’s very early days.” Eastern Health takes up 20 per cent of the entire provincial budget, he said. “We have no illusions that you can make changes around sustainability without impacting the budget of Eastern Health,” Diamond said. He said the authority has already been working with the government over the past six years to find savings, and it is also engaging with the 10-year Health Accord task force for guidance on limiting costs. Dame Moya Greene’s report garnered mixed reviews, but many have not minced words over its combined recommendations of budget cuts and raised taxes. Labour groups such as the province’s Registered Nurses’ Union have condemned both the recommended cuts and the amalgamation of authorities. “A 25 per cent reduction in health-care money is devastating for patients and health-care workers,” Yvette Coffey of the nurses’ union said at the time. “People will die on waiting lists. We already have one of the longest waiting lists in the country.” Peter Jackson, Local Journalism Initiative Reporter, The Telegram
Amazon is weeks into negotiations on a deal to acquire MGM for about $9 billion, industry sources tell Variety. Chatter that Amazon (and other tech giants) have been sniffing around MGM has circulated for some time. But sources indicated that Amazon’s interest in acquiring the studio has taken on a new tenor beyond the usual […]
G.research will host its inaugural Micro-Cap Symposium on May 18, 2021. The conference will be held virtually. This research meeting will feature presentations by senior management spanning various sectors. Investors should contact their salesperson for more information or to register.
Blackout shades are popular among light sleepers, and are frequently deployed in nurseries to help wide-awake children nod off at night and during naptime. A bonus is that blackout curtains also act as noise blockers and boost the energy efficiency of the room they're hung in, by keeping it cooler during the summer and warmer during the winter. You buy blackout shades for a reason, to make your room dark.
A California regulator said on Monday it is reviewing whether Tesla Inc violated regulations by falsely promoting its advanced driver-assistance systems as being "full self-driving." Tesla's driver assistant features, which it describes as "Autopilot" or "full self-driving" are under growing scrutiny following a series of accidents and online videos of Tesla cars driving with no one in the driver's seat. Tesla charges $10,000 for its semi-automated features such as lane changing and parking assistance under its full self-driving (FSD) software.
It's safe to say that Dogecoin's co-creator isn't a fan of the self-proclaimed "Dogefather."
Even in the second-best-case scenario, argues Morgan Stanley analyst Brian Nowak, the stock has strong upside potential.
Henson Brand Dealerships in Madisonville TX gives away a brand new car to deserving teacher of the year within the Huntsville ISD school division.