BANGKOK — Japanese automakers Honda and Nissan will attempt to merge and create the world's third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses. Honda will initially lead the new management, retaining the principles and brands of each company. Following is a quick look at what a combined Honda and Nissan would mean for the companies, and for the auto industry. Nissan Chief Executive Makoto Uchida, left, and Honda Chief Executive Toshihiro Mibe, center, and Takao Kato CEO of Mitsubishi Motors, right, arrive to attend a joint news conference Monday, Dec. 23, 2024, in Tokyo, Japan. (AP Photo/Eugene Hoshiko) An industry shakeup The ascent of Chinese automakers is rattling the industry at a time when manufacturers are struggling to shift from fossil fuel-driven vehicles to electrics. Relatively inexpensive EVs from China's BYD, Great Wall and Nio are eating into the market shares of U.S. and Japanese car companies in China and elsewhere. People are also reading... Japanese automakers have lagged behind big rivals in EVs and are now trying to cut costs and make up for lost time. Nissan, Honda and Mitsubishi announced in August that they will share components for electric vehicles like batteries and jointly research software for autonomous driving to adapt better to dramatic changes in the auto industry centered around electrification. A preliminary agreement between Honda, Japan's second-largest automaker, and Nissan, third largest, was announced in March. A merger could result in a behemoth worth about $55 billion based on the market capitalization of all three automakers. Joining forces would help the smaller Japanese automakers add scale to compete with Japan's market leader Toyota Motor Corp. and with Germany's Volkswagen AG. Toyota itself has technology partnerships with Japan's Mazda Motor Corp. and Subaru Corp. Nissan Chief Executive Makoto Uchida, left, Honda Chief Executive Toshihiro Mibe, center, and Takao Kato, CEO of Mitsubishi Motors, right, pose for photographers during a joint news conference in Tokyo, Japan, Monday, Dec. 23, 2024. (AP Photo/Eugene Hoshiko) What would Honda need from Nissan? Nissan has truck-based body-on-frame large SUVs such as the Armada and Infiniti QX80 that Honda doesn't have, with large towing capacities and good off-road performance, said Sam Fiorani, vice president of AutoForecast Solutions. Nissan also has years of experience building batteries and electric vehicles, and gas-electric hybird powertrains that could help Honda in developing its own EVs and next generation of hybrids, he said. "Nissan does have some product segments where Honda doesn't currently play," that a merger or partnership could help, said Sam Abuelsamid, a Detroit-area automotive industry analsyt. While Nissan's electric Leaf and Ariya haven't sold well in the U.S., they're solid vehicles, Fiorani said. "They haven't been resting on their laurels, and they have been developing this technology," he said. "They have new products coming that could provide a good platform for Honda for its next generation." Why now? Nissan said last month that it was slashing 9,000 jobs, or about 6% of its global work force, and reducing global production capacity by 20% after reporting a quarterly loss of 9.3 billion yen ($61 million). Earlier this month it reshuffled its management and its chief executive, Makoto Uchida, took a 50% pay cut to take responsibility for the financial woes, saying Nissan needed to become more efficient and respond better to market tastes, rising costs and other global changes. Fitch Ratings recently downgraded Nissan's credit outlook to "negative," citing worsening profitability, partly due to price cuts in the North American market. But it noted that it has a strong financial structure and solid cash reserves that amounted to 1.44 trillion yen ($9.4 billion). Nissan's share price has fallen to the point where it is considered something of a bargain. A report in the Japanese financial magazine Diamond said talks with Honda gained urgency after the Taiwan maker of iPhones Hon Hai Precision Industry Co., better known as Foxconn, began exploring a possible acquisition of Nissan as part of its push into the EV sector. The company has struggled for years following a scandal that began with the arrest of its former chairman Carlos Ghosn in late 2018 on charges of fraud and misuse of company assets, allegations that he denies. He eventually was released on bail and fled to Lebanon. Honda reported its profits slipped nearly 20% in the first half of the April-March fiscal year from a year earlier, as sales suffered in China. More headwinds Toyota made 11.5 million vehicles in 2023, while Honda rolled out 4 million and Nissan produced 3.4 million. Mitsubishi Motors made just over 1 million. Even after a merger Toyota would remain the leading Japanese automaker. All the global automakers are facing potential shocks if President-elect Donald Trump follows through on threats to raise or impose tariffs on imports of foreign products, even from allies like Japan and neighboring countries like Canada and Mexico. Nissan is among the major car companies that have adjusted their supply chains to include vehicles assembled in Mexico. Meanwhile, analysts say there is an "affordability shift" taking place across the industry, led by people who feel they cannot afford to pay nearly $50,000 for a new vehicle. In American, a vital market for companies like Nissan, Honda and Toyota, that's forcing automakers to consider lower pricing, which will eat further into industry profits. ____ AP Auto Writer Tom Krisher contributed to this report from Detroit. The safest cars in 2025 The safest cars in 2025 Airbags, advanced driver assistance features, and high-strength materials mean that the safest cars today are far better at protecting people from injuries than ever before. Although most new cars compare well to their predecessors, some stand above the rest. The safest cars for 2025 offer excellent occupant protection and also do a good job of preventing accidents from happening in the first place. Based on testing data from the Insurance Institute for Highway Safety , or IIHS, and the National Highway Traffic Safety Administration , or NHTSA, these are some of the safest cars available today. Ranging from inexpensive compact cars and mainstream midsize sedans to stylish station wagons, posh luxury cars, and sporty coupes and convertibles, Edmunds shares a list that has something for just about everyone. For those who prefer a higher seating position and maybe some added practicality, Edmunds' list of safest SUVs is for you. Safest Small Cars 2025 Mazda 3 The stylish Mazda 3 has a lot to offer compact-car shoppers, including great looks, a composed driving experience, and reasonable fuel economy from its base 2.0-liter engine. It's also one of the safest cars in its class, earning a perfect five stars in NHTSA crash testing and sterling crashworthiness and collision avoidance scores from the IIHS. Its standard features are forward collision warning, automatic emergency braking, and lane departure prevention. 2025 Honda Civic With mature styling, a premium interior, and an efficient hybrid powertrain option, the 2025 Honda Civic is a great option if safety is a concern since it aces almost all of the IIHS' crash tests and earns a five-star safety rating from the federal government. It also comes standard with adaptive cruise control, lane departure prevention, and forward collision warning with automatic emergency braking. The Civic falls short slightly in the IIHS' updated moderate overlap front test, which now accounts for rear passenger safety, but even so, it's one of the safest cars in its class. 2025 Mini Cooper Reflective of parent company BMW, today's Mini Cooper is well constructed and features premium safety features that belie its small size, including automatic emergency braking and forward collision warning. Although the Mini hasn't been tested by NHTSA, the IIHS gives the Cooper its highest score of Good in the original driver-side small overlap front, moderate overlap front, and side-impact tests. That said, the IIHS doesn't place the Cooper on its Top Safety Pick or Top Safety Pick+ lists since it hasn't been evaluated on the updated battery of passenger-side small overlap front, moderate overlap front, or side-impact tests. Expect the new-for-2025 Mini Cooper to earn decent crash ratings in those scenarios, especially since it shares its strong platform with the outgoing model. 2025 Toyota Prius With its recent redesign, the Toyota Prius transformed from a frumpy little caterpillar to a stylish and efficient butterfly. It also became a very safe hybrid hatchback. Perfect scores in all of its government and IIHS crash tests, as well as a sophisticated system of collision avoidance technology, earn it top marks. It's also one of our favorite cars on the market, period, as evidenced by its status as a 2024 Edmunds Top Rated vehicle. Safest Midsize Cars 2025 Honda Accord The Honda Accord is among the safest midsize sedans on the market today thanks to excellent crashworthiness scores and a competent standard collision prevention system. It's a Top Safety Pick+, beating out rivals like the Hyundai Sonata, Kia K5, and Subaru Legacy, and the Accord also earns a perfect five-star rating from NHTSA. Honda's hybrid-intensive product planning is on full display here—all but the two lowest Accord trims have a hybrid powertrain—and it's also among the most spacious cars in its class. 2025 Toyota Camry Like its Honda Accord rival, the Toyota Camry is also an IIHS Top Safety Pick+ with a five-star NHTSA rating. It also has a very impressive suite of driver assistance and safety technology, including lane departure prevention with active centering, full-speed adaptive cruise control, and automatic emergency braking. The Camry edges out the Accord in IIHS testing thanks to a more effective collision avoidance system, but both cars are remarkably well matched otherwise. 2025 Hyundai Ioniq 6 The fully electric Hyundai Ioniq 6 offers excellent safety and collision prevention, with excellent scores across the entire line of IIHS tests. The Ioniq 6 hasn't been tested for rollover resistance by NHTSA, but it earned a four-star front safety rating and a five-star side-impact rating in government tests. Like most EVs, the Hyundai Ioniq 6 comes standard with forward collision warning, automatic emergency braking, and lane departure prevention. It also offers up to 342 miles of all-electric driving in its longest-range trim level. Safest Luxury Cars 2025 Acura Integra The Acura Integra is a close mechanical cousin to the Honda Civic, so it's no surprise it does well in both the IIHS' and NHTSA's crash tests. The luxury hatchback is a Top Safety Pick+ and earns a perfect five stars in government testing. The AcuraWatch safety suite is standard on the Integra, bringing automatic emergency braking, lane centering, lane departure prevention, and adaptive cruise control. 2025 Mercedes-Benz C-Class The Mercedes-Benz C-Class is a safe option in the popular small luxury sedan segment thanks to its good scores in IIHS crash testing. Mercedes' best-selling sedan also comes standard with automatic emergency braking and forward collision warning, which helps it earn a Top Safety Pick award. However, it hasn't been tested by the NHTSA. 2025 Genesis G80 Both the Genesis G80 and the fully electric Genesis Electrified G80 earn a Top Safety Pick+ score from the IIHS thanks to their good scores on the agency's crash tests, as well as a comprehensive suite of active safety features that avoided collisions with simulated pedestrians. The internal-combustion-engine G80 earned a perfect five-star safety rating from NHTSA, and although the Electrified G80 hasn't been tested by the feds just yet, it should likely excel in those tests too. 2025 Genesis G90 The flagship Genesis G90 sedan competes with the Mercedes-Benz S-Class and BMW 7 Series, and the South Korean automaker clearly hasn't skimped on safety in its fight against the establishment. Although it hasn't been subjected to the NHTSA array of tests, it aced almost all of its IIHS tests, and a long list of standard active safety and driver assistance features sets it apart from the stingy German makes that charge extra for them. Safest Station Wagons 2025 Volvo V60 With handsome styling and a well-finished interior, the Volvo V60 is a very appealing station wagon for those looking for such a thing. It's also quite safe, with good crashworthiness scores in the IIHS' original moderate overlap front and side-impact scores. Unfortunately, since it hasn't been tested with the updated versions of those tests, it didn't earn this year's Top Safety Pick award, but it was called a Top Safety Pick+ in 2022. NHTSA also gives the V60 a five-star safety rating. 2025 Mercedes-Benz E 450 All-Terrain Although the Mercedes-Benz E 450 All-Terrain isn't a traditional wagon — it follows the lifted almost-crossover formula shared with the Audi A6 Allroad and Volvo V90 Cross Country — we'll take what we can get in this dwindling category. The All-Terrain hasn't been tested by the IIHS or NHTSA, but a previous-generation E-Class earned a 2023 Top Safety Pick+ award, and Mercedes isn't the kind of company that goes backward when it comes to safety. The E 450 All-Terrain comes standard with automatic emergency braking and forward collision warning, though, at this price, Benz should just make other active safety features standard. 2025 Audi A6 Allroad With a five-star NHTSA safety rating, standard forward collision warning and emergency braking, and excellent IIHS crashworthiness scores on its original tests, the Audi A6 Allroad does a good job protecting people (both passengers and pedestrians) from crashes. However, since the IIHS hasn't subjected the Allroad to its updated side and moderate front crash criteria, it lost its Top Safety Pick+ status in 2022. Still, it should be a fine option for luxury longroof shoppers. Safest Coupes and Convertibles 2025 Ford Mustang Both the Ford Mustang coupe and convertible perform well in crash testing. The coupe received a five-star safety rating from NHTSA, and both variants scored decently on all the IIHS tests they've undergone. They also come standard with forward collision warning, lane departure prevention, and automatic emergency braking. However, the IIHS needs to test both models on its updated criteria before it will rate them. 2025 Toyota GR86 Although the government hasn't tested it, the Toyota GR86 aced all of its IIHS crashworthiness tests when it was new for the 2022 model year. Unfortunately, since it hasn't been subjected to the IIHS' updated testing since then, it lost its Top Safety Pick+ status. Still, this is a fun-to-drive, sporty coupe that comes standard with a long list of active safety features, and it's reasonably priced to boot. 2025 Subaru BRZ Mechanically identical to the Toyota GR86, the 2025 Subaru BRZ achieves the same safety ratings—who would have thought? It likewise received a Top Safety Pick+ score in 2022 that lapsed when the IIHS updated its criteria for 2023, but like the Toyota, it has a long list of active safety features to go along with its lightweight, rip-roaring sports car attitude. 2025 Audi A5 The Audi A5 lost its traditional two-door coupe body style after 2024, but the five-door Sportback body style remains before it's replaced later in 2025. Although it hasn't seen the IIHS' more stringent test regimen, its original crashworthiness scores were good enough to earn it a Top Safety Pick award as recently as 2022. The Sportback is the only variant to be tested by the government, where it earned a five-star safety rating. This story was produced by Edmunds and reviewed and distributed by Stacker. The business news you need Get the latest local business news delivered FREE to your inbox weekly.
Mistakes by once all-powerful Michael Madigan exposed at trial
The Alberta Gaming Liquor and Cannabis’s (AGLC) Tobacco Enforcement Unit and its partnering law enforcement agencies shared Monday that they made three successful seizures in November. In total, they found a combined 28,000 cartons of contraband cigarettes with a provincial tax avoidance value of about $1.7 million. The seizures were made: The AGLC says criminal charges are pending for all cases. “Contraband tobacco takes away significant provincial tax revenue that supports health care, public safety and essential services that all Albertans use on a day-to-day basis,” said Kandice Machado, AGLC CEO. “These contraband investigations are part of AGLC’s continued commitment with our provincial partners to combat the rise of illegal tobacco and criminal activities in Alberta.” The organization adds that these contraband products are illegally manufactured and pose health and safety risks as they lack regulatory controls and inspections. Contraband tabacco is: Albertans who suspect illegal tobacco production, packaging and/or trafficking are encouraged to contact AGLC’s Tobacco Enforcement Unit at 1-800-577-2522 or Crime Stoppers at 1-800-222-TIPS (8477). In 2023-24, provincial revenue from tobacco taxes was approximately $449 million, reports the AGLC.
NoneAP Sports SummaryBrief at 6:24 p.m. EST
Hinton scores 15 points as Harvard takes down New Hampshire 72-62Agricultural Testing Market To Propel Growth At USD 11.60 Billion By 2031 |Skyquest Technologyis a Spanish extravaganza set over one weekend, reuniting us once again with the Defoe family as they swap briefcases for suitcases and head to Barcelona for a destination wedding in the sun-drenched vineyards of Catalonia. As always with , there is plenty of drama in the two standalone episodes which explore themes of love, legacy, and modern marriage. Here is everything we know about episode 1... The first episode of opens with Hannah on a date with a new love interest called Archie and we discover it is two years since we last saw the Defoe family in . Archie seems charming and kind as they play a fun game of 'would you rather' and Hannah seems happy, but when he asks if she would rather have heartache or heartburn she is reminded of Christie and tells Archie that he went to New York and never came back. When Archie goes to the bathroom after asking Hannah 'your place or mine' she has flashbacks to Christie leaving and she flees the bar before Archie comes back. Time then jumps forward three months and we are at a Spanish airport where the whole Defoe family is arriving for a wedding - complete with hen party-style bridal veils. Nina has a new man who is very overly affectionate and no one is impressed, least of all Ruth who announces he has to go! As they wait for a taxi Hannah and Nathan chat about how they are the only ones not in a couple this weekend and Nathan jokes that Hannah had better not try it on becasue Kate wouldn't be happy. They are checking a prenup and decide that it shouldn't be signed... and Nathan announces that he gives the marriage a year, tops. Nina and Rose use the opportunity to tell Nathan about Hannha's dates with Archie and Hannah downplays it and changes the subject by laughing about Nathan's new earring. Get the What to Watch Newsletter The latest updates, reviews and unmissable series to watch and more! It turns out it is Hannah and Nathan's daughter, Liv, who is getting married in Barcelona and she arrives in a taxi to collect all her family, thrilled to see them all. They arrive at the vineyard, which belongs to Gael's parents, Valentina and Alvaro, who are there to welcome everyone. The couple are the picture of happiness and talk about Liv and Gael's prenup, joking that they wrote their own on a napkin many years ago. As they are given the guided tour of the fancy vineyard Nathan asks Hannah when she is going to be ready to put their family home up for sale. He wants his share of the capital so that he and Kate can move with their two young children, but Hannah is adamant that while she might have an empty nest at the moment, their kids will be back sooner rather than later. As the Defoes settle into the vineyard's fancy outhouse, Valentina tells Hannah that there are drinks for friends and family on the lawn in an hour and that she really wants her to encourage Liv to sign the prenup. While she gets ready Hannah sees a paper flower that Archie made for her on their last date, not only has she kept it but she has also brought it with her to Spain - but while she is reflecting on Archie, Rose knocks on the door and raids her welcome pack while telling her sister that her boyfriend, Glen, has gone to check out the chapel while Nina also comes in and they talk about Julian, her boyfriend who Rose says is rich but boring! While Nathan reads out the itinerary for the day, taking the mickey out of the organised fun, Rose, Nina and Hannah can't take him seriously with his earring. Meanwhile, Hannah goes inside to get the fizz as Alvaro comes out onto the neighbouring balcony arguing with someone, who turns out to be Archie, the man who Hannah was dating at the start of the episode. Archie is Alvaro's lawyer and family friend, and Hannah has no idea, so when she comes back out onto the balcony she is so shocked to see him standing there that she sprays Cava all over herself. After making a hasty retreat back into her room, an amused Rose and Nina follow her in, full of questions, the penny dropping that this Archie is THE Archie that Hannah has been dating and mysteriously ended things with without warning. While Hannah struggles to recall exactly why she ended things with Archie, Nina is convinced this fate is giving her a second chance at happiness. However, as they gather for the pre-wedding drinks it turns out Nina has told everyone about Archie and her whole family teases her about her former flame being at the wedding. As the drinks get underway Nathan compliments Hannah on how nice she looks while she goes in search of wine. But while she is looking, Rose finds her and points out that Nina's annoying boyfriend Julien has a box-shaped bulge in his suit trouser pocket. Before they can discuss this any further, though, the waiter offers them more wine, which Hannah eagerly accepts but Rose instantly turns it down, making Hannah realise that her little sister is pregnant. Nina overhears them and comes over excitedly to hug Rose, but she doesn't want any fuss becasue she's only 5 or 6 weeks gone and it's too early to get excited after she miscarried the last time she was pregnant. Talk then turns to Archie after Rose and Nina admit to having stalked his socials, and it turns out he has a son a little older than Liv and he likes sunsets and climbing mountains. But as they ask Hannah what is holding her back a glamorous woman comes and takes his arm, and it turns out he has bought a 'friend'. But not everything is as it seems becasue Archie doesn't look very happy with Wren, despite the fact Wren announces to the whole family that they are engaged, which shocks Hannah and she finds more wine to hide her horror. Archie tracks Hannah down while Valentina and Alvaro are making a speech and tries to explain that his decision to come to the wedding was last minute and reminds her that she was the one who walked out on him. Soon it is Hannah's turn to make a speech and while it starts out well things soon turn when she starts talking about trust and it becomes clear that she is talking about Archie. The hens head on their night out and while everyone is enjoying the party Nina seems horrified at the thought of Julian asking her to marry him, but soon she is thinking of other things when Lola, who works at the vineyard, whisks her off to dance. Meanwhile, the stags are sitting around a table at the vineyard, sampling some of Alvaro's best wines and talking about the women in their lives. As Gael sings Liv's praises, Prof Ronnie talks about Ruth and Nathan talks about the love of his life, but accidentally talks about Hannah and not Kate - and when he does talk about Kate it isn't a very glowing report! The focus turns to Archie but instead of describing Wren as the love of his life, he talks about his son, saying he is the one he loves the most in the world. However, as he starts talking about meeting Hannah he is cut off abruptly by Alvaro. After everyone else has left the room, Archie tells Alvaro that he is uncomfortable with what is happening and is worried about Gael and Valentina... Alvaro tells him not to worry and Wren is just playing games, and it turns out the pair of them are hiding a huge secret. At the hen night, Valentina tells Hannah about Archie's first wife and says that he took years to get over her, but recently he started talking about another woman and how brilliant and funny she was. However, Valentina admits that she didn't picture Wren when he was describing his new love, and Hannah realises he was talking about her. As the rest of the hens head to the beach, Nina says she is going to call it a night before going home with Lola. The pair share a kiss at the car and the spark is so strong between them that they end up in bed together. At the vineyard, Nathan lays into Archie about the fact he has hurt Hannah, but Archie corrects him, telling him that it was Hannah who walked out on him, not the other way around. Soon the hen and stag parties are reunited outside the vineyard but Valentina has had enough of Wren being there uninvited and asks her to leave. However, Wren stands her ground and says she needs to ask Alvaro if she wants her to leave, and the penny drops that Archie isn't engaged to Wren but it was Alvaro who gave her the ring. It turns out that Alvaro and Wren have been having an affair and while Valentina races off, devastated, Gael is also heartbroken that his parents' love is all lies and he tells Liv the wedding is off before also running away. Meanwhile, Julian stumbles to bed, oblivious to the fact Lola has just climbed out their bedroom window after a night with Nina, and Glen is listening to a voice note from his kids where they ask 'did she say yes?!' and Rose pretends not to hear. After comforting Liv, Hannah talks with Nathan and he tells her that he misses her and their home together... just as Liv comes to ask him to walk her back to the house. After they have gone, Archie comes to find Hannah and they laugh about her botched speech earlier in the day. He then explains why he pretended to be engaged to Wren, saying he was trying to protect Valentina from Wren and save the wedding - and while he is talking Hannah kisses him. However, it isn't quite a happy ending to the episode because he stops her, saying he doesn't understand her after she walked out on him. Archie then goes to bed, telling Hannah they should talk in the morning, leaving her confused and upset. Where does Hannah's heart lie? With Archie? Or still with Nathan?
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Key Trends in the Cricket World Cup Market with Insights from Expedia Group, Hospitality Service Providers (e.g., Willow TV), Financial Institutions (e.g., Vodafone, Hotstar, Sports Marketing Agencies (e.g., Board of Control for Cricket in India (BCCI) 12-08-2024 09:31 PM CET | Sports Press release from: STATS N DATA Cricket World Cup Market The Cricket World Cup Market is one of the most dynamic and rapidly evolving sectors in the sports industry. This market encompasses a wide range of applications including broadcasting rights, sponsorship, ticket sales, merchandise, and hospitality, all revolving around the prestigious Cricket World Cup events. As the global sports landscape continues to grow, the Cricket World Cup remains a focal point, attracting millions of fans and generating substantial economic activity. Recent developments have significantly impacted the market, as technological advancements and strategic collaborations have emerged as key growth drivers. The integration of digital platforms has transformed how fans engage with the sport, while partnerships among stakeholders, including broadcasters and technology providers, are reshaping the market dynamics. This transformation is not just limited to traditional media but extends to online streaming services and social media engagement, which have become essential platforms for reaching cricket enthusiasts. You can access a sample PDF report here: https://www.statsndata.org/download-sample.php?id=376738 Key Growth Drivers and Trends Several factors are influencing the demand in the Cricket World Cup Market. Sustainability is at the forefront, as stakeholders are increasingly adopting eco-friendly practices to appeal to a more environmentally conscious audience. The digitization of the sports experience is another critical factor, enabling fans to access content on various platforms, enhancing viewer engagement. Emerging trends are shaping the future of the Cricket World Cup Market. The integration of artificial intelligence (AI) for data analysis and fan engagement is revolutionizing how teams and organizations approach their strategies. Moreover, product customization and the use of emerging technologies, such as augmented reality (AR) and virtual reality (VR), are enhancing fan experiences and creating new revenue streams. Market Segmentation The Cricket World Cup Market is segmented into various categories, each with its unique attributes and growth potential: - By Type: - Men's Cricket World Cup - Women's Cricket World Cup - Under-19 Cricket World Cup - By Application: - Broadcasting Rights - Sponsorship and Advertising - Ticket Sales - Merchandising and Licensing - Hospitality and Tourism - Media Coverage and Journalism - Digital Platforms and Streaming Services - By Media Platforms: - Television Broadcast - Online Streaming - Social Media Engagement - Radio Broadcast - Print Media Coverage Each segment demonstrates unique growth potential, influenced by changing consumer preferences and technological advancements. For instance, the increasing popularity of women's cricket and under-19 tournaments is broadening the market's scope, while digital platforms are revolutionizing how cricket is consumed globally. Get 30% Discount On Full Report: https://www.statsndata.org/ask-for-discount.php?id=376738 Competitive Landscape The Cricket World Cup Market is characterized by a diverse competitive landscape, featuring numerous key players driving innovation and shaping trends: - Expedia Group: Enhancing travel experiences for cricket fans through strategic partnerships with hospitality providers. - Willow TV: Leading the charge in broadcasting cricket in North America, expanding the sport's reach. - Vodafone: Engaging fans through innovative sponsorship and promotional campaigns. - Hotstar: Dominating the online streaming space, offering exclusive coverage and fan engagement tools. - Cricket Australia: Focused on expanding the visibility of cricket through grassroots initiatives and international collaborations. Other notable players include Coca-Cola, Nike, Disney, and IBM, all contributing to various aspects of the market through sponsorship, technology solutions, and innovative marketing strategies. Opportunities and Challenges The Cricket World Cup Market presents numerous opportunities for stakeholders, particularly in untapped regions where cricket is gaining popularity. The rise of digital platforms offers avenues for new revenue streams and enhanced fan engagement. Moreover, evolving consumer preferences, such as the demand for customized merchandise and immersive experiences, present further opportunities for growth. However, the market also faces challenges. Regulatory constraints, particularly in broadcasting rights, can hinder market expansion. Operational inefficiencies and talent shortages may also impact the ability of organizations to capitalize on emerging opportunities. Implementing robust training programs and embracing technology can help mitigate these challenges. Technological Advancements Cutting-edge technologies are significantly impacting the Cricket World Cup Market. AI is being utilized for data analytics, improving performance predictions, and enhancing fan experiences. The Internet of Things (IoT) is enabling real-time data collection and analysis, allowing teams and organizations to make informed decisions. Virtual tools are transforming how fans interact with the sport, from virtual match experiences to enhanced merchandising options. Research Methodology and Insights At STATS N DATA, our research methodology is comprehensive and robust. We employ both top-down and bottom-up approaches, utilizing primary and secondary research to gather data from credible sources. Triangulation methods ensure that our insights are accurate and reliable, providing stakeholders with the information they need to navigate the Cricket World Cup Market effectively. In conclusion, the Cricket World Cup Market is poised for significant growth as it adapts to changing technological landscapes and consumer preferences. With the right strategies and innovations, stakeholders can capitalize on the opportunities ahead, making the most of this vibrant and exciting market. For customization requests, please visit: https://www.statsndata.org/request-customization.php?id=376738 https://www.statsndata.org/report/cricket-world-cup-market-376738 Get more information about recently published reports by STATS N DATA below: You can then follow this with links or a list of the specific reports The Ultimate Guide to Pastry Brands: Trends, Tips, and Market Insights: https://www.statsndata.org/blog/171/the-ultimate-guide-to-pastry-brands-trends-tips-and-market-insights Understanding Radioimmunoassay: Trends, Applications, and Future Impact: https://www.statsndata.org/blog/173/understanding-radioimmunoassay-trends-applications-and-future-impact Understanding Social Media Market Share: Trends, Insights, and Strategies for Success: https://www.statsndata.org/blog/174/understanding-social-media-market-share-trends-insights-and-strategies-for-success Unpacking the Integration Platform as a Service (iPaaS) Market: Trends, Insights, and Future Potential: https://www.statsndata.org/blog/175/unpacking-the-integration-platform-as-a-service-ipaas-market-trends-insights-and-future-potential John Jones Sales & Marketing Head | Stats N Data Phone: +1 (315) 642-4324 Email: sales@statsndata.org Website: www.statsndata.org STATS N DATA is a trusted provider of industry intelligence and market research, delivering actionable insights to businesses across diverse sectors. We specialize in helping organizations navigate complex markets with advanced analytics, detailed market segmentation, and strategic guidance. Our expertise spans industries including technology, healthcare, telecommunications, energy, food & beverages, and more. Committed to accuracy and innovation, we provide tailored reports that empower clients to make informed decisions, identify emerging opportunities, and achieve sustainable growth. Our team of skilled analysts leverages cutting-edge methodologies to ensure every report addresses the unique challenges of our clients. At STATS N DATA, we transform data into knowledge and insights into success. Partner with us to gain a competitive edge in today's fast-paced business environment. For more information, visit https://www.statsndata.org or contact us today at sales@statsndata.org This release was published on openPR.The International Criminal Court on Thursday for Israeli Prime Minister Benjamin Netanyahu, his former defense minister and a Hamas military leader, and crimes against humanity. The announcement came as health officials in the Gaza Strip said the death toll from between Israel and Hamas has surpassed 44,000. The warrant marked the first time that a sitting leader of a major Western ally has been accused of war crimes and crimes against humanity by a global court of justice. The ICC panel said there were reasonable grounds to believe that both Netanyahu and his ex-defense minister bear responsibility for the war crime of starvation and the crimes against humanity of murder, persecution and other inhumane acts. Israel’s war has caused heavy destruction across Gaza, decimated parts of the territory and driven almost the entire population of 2.3 million people from their homes, leaving most dependent on aid to survive. Israel launched its war in Gaza after Hamas-led militants stormed into southern Israel on Oct. 7, 2023, killing some 1,200 people, mostly civilians, . Around 100 hostages are still inside Gaza, at least a third of whom are believed to be dead. Here’s the Latest: UNITED NATIONS -- The U.N. humanitarian chief for Gaza is warning that the delivery of critical food, water, fuel and medical supplies is grinding to a halt throughout the territory and “the survival of two million people hangs in the balance.” Muhannad Hadi said in a statement Thursday that Israeli authorities have been banning commercial imports for more than six weeks and at the same time thefts from humanitarian convoys by armed individuals have surged. “In 2024, U.N. trucks have been looted 75 times –- including 15 such attacks since Nov. 4 alone –- and armed people have broken into U.N. facilities on 34 occasions,” he said. Last week, one driver was shot in the head and hospitalized along with another truck driver, Hadi said. And on Saturday 98 trucks were looted in a single attack which saw the vehicles damaged or stolen. The Gaza humanitarian coordinator said bakeries are closing because of lack of flour or fuel to operate generators. “Palestinian civilians are struggling to survive under unlivable conditions, amid relentless hostilities,” Hadi said. He demanded the immediate improvement of security and conditions throughout Gaza to allow the safe and unimpeded delivery of humanitarian aid “through lawful means.” Israel says it puts no limit on the supplies permitted into Gaza, and it blames the U.N. distribution system. But Israel’s official figures show the amount of aid it has let in has plunged since the beginning of October. The U.N has blamed Israeli military restrictions, along with widespread lawlessness that has led to theft of aid shipments. WASHINGTON — The White House fundamentally rejects the International Criminal Court’s decision to issue arrest warrants for senior Israeli officials, press secretary Karine Jean-Pierre said Thursday. She said the Biden administration was “deeply concerned by the prosecutor’s rush to seek arrest warrants and the troubling process errors that led to this decision.” The Biden administration has increased its warnings and appeals to Israeli Prime Minister Benjamin Netanyahu to do more to spare civilians in airstrikes and other attacks, and to allow more aid to reach Gaza. However, a 30-day Biden administration deadline came and went earlier this month for Israel to meet specific U.S. targets to improve trapped in the war. U.S. demands included that Israel lift a near-total ban on delivery of aid to hard-hit north Gaza for starving civilians there. KHAN YOUNIS, Gaza Strip — The three children were playing outside a cluster of tents housing displaced people in the Gaza Strip when an Israeli airstrike killed them, along with six other people. It’s become a grim, near-daily ritual more than 13 months into the Israel-Hamas war, which local health authorities said Thursday has killed over 44,000 Palestinians. Israel carries out frequent strikes against what it says are militants hiding in civilian areas, and women and children are nearly always among the dead. Wednesday’s strike killed Hamza al-Qadi, 7, his brother Abdulaziz, 5, and their sister Laila, 4, in a tent camp in the southern city of Khan Younis. Areej al-Qadi, their mother, says they were playing outside when they were killed. “All that’s left of them are their notebooks, their books and a blood-stained jacket,” she said as she broke into tears. “They were children who did nothing.” The Israeli military did not respond to a request for comment on the strike. Gaza’s Health Ministry said Thursday that 44,056 Palestinians have been killed and 104,268 wounded since the start of the war, which was ignited by Hamas’ Oct. 7 attack into Israel. Palestinian militants killed some 1,200 people that day, mostly civilians, and abducted around 250 people. The Health Ministry does not say how many of those killed in Gaza were fighters but says women and children make up more than half the fatalities. Israel, which rarely comments on individual strikes, says it has killed over 17,000 militants, without providing evidence. Hours after the ministry announced the latest toll, the International Criminal Court issued arrest warrants against Israeli Prime Minister Benjamin Netanyahu, his former defense minister and a Hamas military leader. Mahmoud bin Hassan, the children’s father, said he buried them on Thursday. He asked when the international community would take action to stop the war. “When the entire Palestinian population has been killed?” he said. NEW YORK — Human Rights Watch applauded the International Criminal Court's arrest warrants issued Thursday against both Israeli and Hamas officials. The warrants “break through the perception that certain individuals are beyond the reach of the law,” the associate international justice director at Human Rights Watch, Balkees Jarrah, said in a statement. The New York-based rights group earlier this month released a report saying Israel has committed war crimes and crimes against humanity in the Gaza Strip, including massive forced displacements that amount to ethnic cleansing. JERUSALEM — Israeli prosecutors have charged a former aide to Prime Minister Benjamin Netanyahu with leaking classified documents to international media, apparently to protect the Israeli leader from criticism as a hostage deal was collapsing. Eli Feldstein, a former media adviser to Netanyahu, was charged Thursday with leaking classified information with the intent of harming state security and obstruction of justice. The leaked documents are said to have formed the basis of a widely discredited article in the London-based Jewish Chronicle — — suggesting Hamas planned to spirit hostages out of Gaza through Egypt, and an article in Germany’s Bild newspaper that said Hamas was drawing out the hostage talks as a form of psychological warfare on Israel. Critics say the leaks were aimed at giving Netanyahu political cover as the case-fire talks ground to a halt. Some have accused Netanyahu of resisting a deal in to preserve his governing coalition, which includes hard-line members who have threatened to bring down the government if he makes concessions to Hamas. The leaks came at a time of public uproar over the deaths of six hostages who were killed by their Hamas captors as Israeli soldiers were closing in. The indictment said the leaks were meant “to create media influence on the public discourse in Israel in regards to the handling of the hostage situation, after the news of the murder of six hostages.” The indictment identified two other Netanyahu aides as being connected to the scheme, but only Feldstein and an unidentified reservist in Israeli military intelligence were charged. Netanyahu, who denies the accusations, has not been identified as a suspect in the burgeoning investigation. Israeli media say if convicted, Feldstein could potentially face life in prison. JERUSALEM -- The Israeli military has launched an investigation into the death of a 70-year-old Israeli man who entered Lebanon with Israeli forces and was killed in a Hezbollah ambush. Investigators are trying to determine, among other things, who allowed Zeev Erlich into the combat zone with the forces and why he was permitted to enter. According to Israeli media reports, Erlich was not on active duty when he was shot, but was wearing a military uniform and had a weapon. The army said he was a reservist with the rank of major and identified him as a “fallen soldier” when it announced his death. Erlich was a well-known West Bank settler and researcher of Jewish history. Media reports said Erlich was permitted to enter Lebanon to explore a local archaeological site. The army said a 20-year-old soldier was killed in the same incident, while an officer was badly wounded. The army announced Thursday that the chief of staff, Lt. Gen. Herzi Halevi, has appointed a team of experts “to examine and strengthen operational discipline and military culture” following the incident. It said its commander for northern Israel, Maj. Gen. Ori Gordin, would launch a separate “command inquiry,” while Israeli military police conduct a separate probe. Such investigations can lead to criminal charges. BEIRUT — At least 29 people were killed Thursday in Israeli strikes on different towns and villages across Lebanon, according to Lebanon’s Health Ministry and state-run media. In eastern Lebanon, Israeli airstrikes killed 26 people in six different towns in Baalbek province, the health ministry and the National News Agency said. In Tyre province, southern Lebanon, three people were killed in an Israeli strike, the health ministry said. The health ministry Wednesday said that over 3,550 people have been killed in the 13-month war between Hezbollah and Israel, the majority following Israel’s escalation in late September. The European Union's foreign policy chief has underlined that the arrest warrants issued by the International Criminal Court against Israeli Prime Minister Benjamin Netanyahu and Hamas officials are a legal and not political matter, and that they are binding on all 27 EU member countries and other signatories to the ICC to implement. “The tragedy in Gaza has to stop," Josep Borrell told reporters during a visit to Jordan. “It is not a political decision. It is the decision of an international court of justice, and the decision of the court has to be respected, and implemented.” “This decision is a binding decision on all state parties of the court, which include all members of the European Union," he added. ANKARA — Turkish President Recep Tayyip Erdogan’s ruling partyhas welcomed the decision by the International Criminal Court to issue arrest warrants against Israeli Prime Minister Benjamn Netanyahu and former Defense Minister Yoav Gallant, calling it a judgement made for the sake of “humanity.” Omer Celik, spokesman for the Erdogan’s party, said on the social media platform X that Netanyahu and Gallant would “eventually be held accountable for genocide.” Celik also criticised Israeli officials who described the ICC decision as antisemitic. Turkey is among the most vocal critics of Israel’s military actions in Gaza and has submitted a formal request to join a genocide case that South Africa has filed against Israel at the U.N.’s International Court of Justice. Dutch foreign minister Caspar Veldkamp, whose country hosts the International Criminal Court, has confirmed The Netherlands would arrest Israeli Prime Minister Benjamin Netanyahu if he arrived on Dutch soil. “The line from the government is clear. We are obliged to cooperate with the ICC ... we abide 100% by the Rome Statute,” he said in response to a question in parliament Thursday. Other European officials were more cautious. In France, a spokesman for the Foreign Ministry said he supported the International Criminal Court's prosecutor but declined to comment when asked more specifically if France would arrest Netanyahu if he were to step on French soil. “Today, combating impunity is our priority. We ratified the ICC Statute in 2000 and have consistently supported the court’s actions. Our response will align with these principles,” Christophe Lemoine told reporters at a press conference. Lemoine added that the warrants were “a complex legal issue ... It’s a situation that requires a lot of legal precautions.” In Italy, the foreign and justice ministries didn’t immediately respond to emails seeking comment about whether Italy, an ICC member which hosted the Rome conference that gave birth to the court, would honor the arrest warrant. Premier Giorgia Meloni hosted Prime Minister Benjamin Netanyahu in March 2023 and has strongly supported Israel since Oct. 7, while providing humanitarian aid for Palestinians in Gaza. JERUSALEM — Israel’s mostly ceremonial president, Isaac Herzog, has called the International Criminal Court's arrest warrants against Prime Minister Benjamin Netanyahu “a dark day for justice. A dark day for humanity.” In a post on X, he said the international court “has chosen the side of terror and evil over democracy and freedom, and turned the very system of justice into a human shield for Hamas’ crimes against humanity." Israel Katz, Israel’s new defense minister, said the decision was “a moral disgrace, entirely tainted by antisemitism, and drags the international judicial system to an unprecedented low.” He said it “serves Iran, the head of the snake, and its proxies.” Benny Gantz, a retired general and political rival to Netanyahu, also condemned the decision, saying it showed “moral blindness” and was a “shameful stain of historic proportion that will never be forgotten.” Hamas has welcomed the decision by the International Criminal Court to issue warrants against Israeli President Benjamin Netanyahu and his former defense minister Yoav Gallant, calling it an “important and historic precedent” after what it said was decades of injustice at the hands of a “fascist occupation.” The statement did not refer to the warrants issued for the militant group’s own leaders. Hamas called on all nations to “cooperate with the court in bringing the Zionist war criminals, Netanyahu and Gallant, to justice, and to work immediately to stop the crimes of genocide against innocent civilians in the Gaza Strip.” DEIR AL-BALAH, The Gaza Strip — Bakeries have reopened in the central Gaza Strip after being closed for several days because of flour shortages. The shortages appear to have been linked to by armed men in southern Gaza last weekend. Associated Press footage showed a crowd of hundreds pushing and shouting outside a bakery in the central city of Deir al-Balah on Thursday. The day before the reopening, the price of a bag of 15 loaves of pita bread had climbed above $13. “In my house, there is not a morsel of bread, and the children are hungry,” said Sultan Abu Sultan, who was displaced from northern Gaza during the war. The amount of aid entering Gaza plunged in October as Israel launched a major offensive in the isolated north, where . Hunger is widespread across the territory, even in central Gaza where aid groups have more access. Humanitarian organizations say Israeli restrictions, ongoing fighting and the breakdown of law and order make it difficult to deliver assistance. Israel’s offensive, launched after Hamas’ October 2023 attack, has displaced around 90% of Gaza’s population of 2.3 million people. Hundreds of thousands are crammed into tent camps with little in the way of public services and are reliant on international food aid. NICOSIA — The president of Cyprus says the European Union must play a bigger role in the Middle East as it can no longer stand by as an observer. President Nikos Christodoulides said the 27-member bloc needs to establish closer ties with countries that bolster regional stability like Egypt, Jordan and the Gulf states. “The conflict in the Middle East is taking place on the EU’s doorstep, in an area of vital interest to the bloc’s interests, where any escalation or regional spillover will have significant consequences on its security and stability,” Christodoulides told an Economist conference in the Cypriot capital. Christodoulides said EU member Cyprus for years has tried to get this message across to Brussels. The island nation earlier this year was the staging ground for a maritime corridor delivering some 20,000 tons of humanitarian aid to Gaza. The EU is wracked by members’ divisions over how peace should come about in the Middle East THE HAGUE — The International Criminal Court issued arrest warrants on Thursday for Israeli Prime Minister Benjamin Netanyahu, his former defense minister and Hamas officials, accusing them of war crimes and crimes against humanity over the war in Gaza and the October 2023 attacks that triggered Israel’s offensive in the Palestinian territory. The decision turns Netanyahu and the others into internationally wanted suspects and is likely to further isolate them and complicate efforts to negotiate a cease-fire to end the 13-month conflict. But its practical implications could be limited since Israel and its major ally, the United States, are not members of the court and several of the Hamas officials have been subsequently killed in the conflict. Netanyahu and other Israeli leaders have previously condemned ICC Chief Prosecutor Karim Khan’s request for the warrants as disgraceful and antisemitic. U.S. President Joe Biden also blasted the prosecutor and expressed support for Israel’s right to defend itself against Hamas. Hamas also slammed the request. The death toll in the Gaza Strip from between Israel and Hamas has surpassed 44,000, local health officials said Thursday. The Gaza Health Ministry does not distinguish between civilians and combatants in its count, but it has said that more than half of the fatalities are women and children. The Israeli military says it has killed over 17,000 militants, without providing evidence. The Health Ministry said 44,056 people have been killed and 104,268 wounded since the start of the war. It has said the real toll is higher because thousands of bodies are buried under rubble or in areas that medics cannot access. The war began when Hamas-led militants stormed into southern Israel on Oct. 7, 2023, killing some 1,200 people, mostly civilians, . Around 100 hostages are still inside Gaza, at least a third of whom are believed to be dead. Most of the rest were released during a cease-fire last year. Around 90% of Gaza's population of 2.3 million people have been displaced, often multiple times, and hundreds of thousands are living in squalid tent camps with little food, water or basic services. Israel says it tries to avoid harming civilians and blames their deaths on Hamas because the militants operate in residential areas, where they have built tunnels, rocket launchers and other military infrastructure. JERUSALEM — A rocket fired from Lebanon killed a man and wounded two others in northern Israel on Thursday, according to the Magen David Adom rescue service. The service said paramedics found the body of the man in his 30s near a playground in the town of Nahariya, near the border with Lebanon, after a rocket attack on Thursday. Israel meanwhile struck targets in southern Lebanon and several buildings south of Beirut, the Lebanese capital, after warning people to evacuate.SANTA CLARA, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its third quarter of fiscal year 2025 ended October 31, 2024. Revenue for the third quarter of fiscal 2025 was $82.7 million, up 63% from $50.6 million in the same period in fiscal 2024. For the nine months ended October 31, 2024, revenue was $200.9 million, up 15% from $174.9 million for the nine months ended October 31, 2023. Gross margin under U.S. generally accepted accounting principles (GAAP) for the third quarter of fiscal 2025 was 60.6%, compared with 59.3% for the same period in fiscal 2024. For the nine months ended October 31, 2024, GAAP gross margin was 60.7%, compared with 60.6% for the nine months ended October 31, 2023. GAAP net loss for the third quarter of fiscal 2025 was $24.1 million, or loss per diluted ordinary share of $0.58, compared with GAAP net loss of $41.7 million, or loss per diluted ordinary share of $1.04, for the same period in fiscal 2024. GAAP net loss for the nine months ended October 31, 2024 was $96.9 million or loss per diluted ordinary share of $2.36. This compares with GAAP net loss of $108.8 million, or loss per diluted ordinary share of $2.74, for the nine months ended October 31, 2023. Financial results on a non-GAAP basis for the third quarter of fiscal 2025 are as follows: Gross margin on a non-GAAP basis for the third quarter of fiscal 2025 was 62.6%, compared with 62.6% for the same period in fiscal 2024. For the nine months ended October 31, 2024, non-GAAP gross margin was 63.0%, compared with 63.5% for the nine months ended October 31, 2023. Non-GAAP net income for the third quarter of fiscal 2025 was $4.5 million, or earnings per diluted ordinary share of $0.11. This compares with non-GAAP net loss of $11.2 million, or loss per diluted ordinary share of $0.28, for the same period in fiscal 2024. Non-GAAP net loss for the nine months ended October 31, 2024 was $11.6 million, or loss per diluted ordinary share of $0.28. This compares with non-GAAP net loss of $23.2 million, or loss per diluted ordinary share of $0.59, for the nine months ended October 31, 2023. Based on information available as of today, Ambarella is offering the following guidance for the fourth quarter of fiscal year 2025, ending January 31, 2025: Revenue is expected to be between $76.0 million and $80.0 million. Gross margin on a non-GAAP basis is expected to be between 61.5% and 63.0%. Operating expenses on a non-GAAP basis are expected to be between $49.0 million and $52.0 million. Ambarella reports gross margin, net income (loss) and earnings (losses) per share in accordance with GAAP and, additionally, on a non-GAAP basis. Non-GAAP financial information excludes the impact of stock-based compensation, acquisition-related costs and restructuring expense adjusted for the associated tax impact, which includes the effect of any benefits or shortfalls recognized. Non-GAAP financial information also excludes the impact of the release of a valuation allowance on certain deferred tax assets. A reconciliation of the GAAP to non-GAAP gross margin, net income (loss) and earnings (losses) per share for the periods presented, as well as a description of the items excluded from the non-GAAP calculations, is included in the financial statements portion of this press release. Total cash, cash equivalents and marketable debt securities on hand at the end of the third quarter of fiscal 2025 was $226.5 million, compared with $219.8 million at the end of the prior quarter and $222.3 million at the end of the same quarter a year ago. “Company specific factors are more than offsetting broad market weakness, and we are reporting 30% sequential revenue growth in fiscal Q3, above the high-end of our guidance range, with strength led again by our customers’ new products, especially those incorporating our higher priced AI inference processors. Edge AI revenue represented about 70% of our total revenue, establishing a new record level, and this momentum is expected to enable growth in both our IoT and Auto markets in F2025 and F2026,” said Fermi Wang, President and CEO. “With the anticipated revenue growth, we intend to drive positive operating leverage and build upon our 15 consecutive fiscal years of positive free-cash-flow.” Quarterly Conference Call Ambarella plans to hold a conference call at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time today with Fermi Wang, President and Chief Executive Officer, and John Young, Chief Financial Officer, to discuss the third quarter of fiscal year 2025 results. A live and archived webcast of the call will be available on Ambarella’s website at http://www.ambarella.com/ for up to 30 days after the call. About Ambarella Ambarella’s products are used in a wide variety of human vision and edge AI applications, including video security, advanced driver assistance systems (ADAS), electronic mirror, drive recorder, driver/cabin monitoring, autonomous driving and robotics applications. Ambarella’s low-power systems-on-chip (SoCs) offer high-resolution video compression, advanced image and radar processing, and powerful deep neural network processing to enable intelligent perception, fusion and planning. For more information, please visit www.ambarella.com . "Safe harbor" statement under the Private Securities Litigation Reform Act of 1995 This press release contains forward-looking statements that are not historical facts and often can be identified by terms such as “outlook,” “projected,” “intends,” “will,” “estimates,” “anticipates,” “expects,” “believes,” “could,” “should,” or similar expressions, including the guidance for the fourth quarter of fiscal year 2025 ending January 31, 2025, and the comments of our CEO relating to our expectation of future revenue growth, customer demand for our edge AI inference products, the growth potential of our new products, and our ability to generate positive free-cash flow in future periods. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions. Our actual results could differ materially from those predicted or implied and reported results should not be considered as an indication of our future performance. The risks and uncertainties referred to above include, but are not limited to, global economic and political conditions, including possible trade tariffs and restrictions; revenue being generated from new customers or design wins, neither of which is assured; the commercial success of our customers’ products; our customers’ ability to manage their inventory requirements; our growth strategy; our ability to anticipate future market demands and future needs of our customers, particularly for AI inference applications; our ability to introduce, and to generate revenue from, new and enhanced solutions; our ability to develop, and to generate revenue from, new advanced technologies, such as computer vision, AI functionality and advanced networks, including vision-language models and GenAI; our ability to retain and expand customer relationships and to achieve design wins; the expansion of our current markets and our ability to successfully enter new markets, such as the OEM automotive and robotics markets; anticipated trends and challenges, including competition, in the markets in which we operate; risks associated with global health conditions and associated risk mitigation measures; our ability to effectively manage growth; our ability to retain key employees; and the potential for intellectual property disputes or other litigation. Further information on these and other factors that could affect our financial results is included in the company’s Annual Report on Form 10-K for our 2024 fiscal year, which is on file with the Securities and Exchange Commission. Additional information will also be set forth in the company’s quarterly reports on Form 10-Q, annual reports on Form 10-K and other filings the company makes with the Securities and Exchange Commission from time to time, copies of which may be obtained by visiting the Investor Relations portion of our web site at www.ambarella.com or the SEC's web site at www.sec.gov . Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to us on the date hereof. The results we report in our Quarterly Report on Form 10-Q for the third fiscal quarter ended October 31, 2024 could differ from the preliminary results announced in this press release. Ambarella assumes no obligation and does not intend to update the forward-looking statements made in this press release, except as required by law. Non-GAAP Financial Measures The company has provided in this release non-GAAP financial information, including non-GAAP gross margin, net income (loss), and earnings (losses) per share, as a supplement to the condensed consolidated financial statements, which are prepared in accordance with generally accepted accounting principles ("GAAP"). Management uses these non-GAAP financial measures internally in analyzing the company’s financial results to assess operational performance and liquidity. The company believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing its performance and when planning, forecasting and analyzing future periods. Further, the company believes these non-GAAP financial measures are useful to investors because they allow for greater transparency with respect to key financial metrics that the company uses in making operating decisions and because the company believes that investors and analysts use them to help assess the health of its business and for comparison to other companies. Non-GAAP results are presented for supplemental informational purposes only for understanding the company’s operating results. The non-GAAP information should not be considered a substitute for financial information presented in accordance with GAAP, and may be different from non-GAAP measures used by other companies. With respect to its financial results for the third quarter of fiscal year 2025, the company has provided below reconciliations of its non-GAAP financial measures to its most directly comparable GAAP financial measures. With respect to the company’s expectations for the fourth quarter of fiscal year 2025, a reconciliation of non-GAAP gross margin and non-GAAP operating expenses guidance to the closest corresponding GAAP measure is not available without unreasonable efforts on a forward-looking basis due to the high variability and low visibility with respect to the charges excluded from these non-GAAP measures. We expect the variability of the above charges to have a significant, and potentially unpredictable, impact on our future GAAP financial results. The following tables present details of stock-based compensation, acquisition-related costs and restructuring expense included in each functional line item in the condensed consolidated statements of operations above: The difference between GAAP and non-GAAP gross margin was 2.0% and 3.3%, or $1.7 million and $1.7 million, for the three months ended October 31, 2024 and October 31, 2023, respectively. The difference between GAAP and non-GAAP gross margin was 2.3% and 2.9%, or $4.6 million and $5.0 million, for the nine months ended October 31, 2024 and October 31, 2023, respectively. The differences were due to the effect of stock-based compensation, amortization of acquisition-related costs and restructuring expense. Contact: Louis Gerhardy 408.636.2310 lgerhardy@ambarella.com
Abbotsford's Devon Toews has been selected to wear Canadian colours for the upcoming 4 Nations Face-Off event. The National Hockey League Players’ Association and the National Hockey League announced the final 23-player rosters selected by the respective federations on Dec. 4. Toews was one of seven defenceman named to the team. He joins Colorado Avalanche teammate Cale Makar and Aldergrove's Shea Theodore from the Vegas Golden Knights and four others on the backend. Canada's forwards consist of Pittsburgh's Sidney Crosby, Nathan MacKinnon from Colorado, Edmonton's Connor McDavid and 10 others. The goalies are Jordan Binningon (St. Louis Blues), Adin Hall (Vegas) and Sam Montembeault (Montreal Canadiens). Vancouver Canucks head coach Rick Tocchet has been named an assistant coach for Canada. Canada's roster for the Face-Off is set! 🇨🇦 The 4 Nations Face-Off event runs from Feb. 12 to 20 in Boston and Montreal and also features teams from the Finland, Sweden and the United States. The format will see all four teams play each other once in a round-robin format before a one-game final between the top team teams. Canada opens against Sweden in Montreal on Feb. 12. They then take on the United States in Montreal on Feb. 15 and close the round-robin against Finland in Boston on Feb. 17. The final is set for Boston on Feb. 20. Toews became the second-ever player from Abbotsford to win the Stanley Cup when he helped Colorado win the holy grail of hockey in 2022. He played his minor hockey in Abbotsford and also went on to play with the Fraser Valley Bruins, Yale Secondary Lions and Abbotsford Pilots. He suited up for the Surrey Eagles of the British Columbia Hockey League and then earned a scholarship at Quinnipiac. He was drafted by the New York Islanders in the fourth round, 108th overall in 2014 and also played two seasons for the Bridgeport Sound Tigers of the American Hockey League before making his NHL debut on Dec. 23, 2018. He was then dealt in 2020 by the Islanders to Colorado for two second round draft picks. Towes has produced 50 points the past seasons and recorded a career-high 57 points in 2021-22. This season he has nine points in 25 games. He signed a seven-year, $50.75 million contract extension with the Avs in 2023.Whenever someone assures you that another person you’re both dealing with “understands” the “quid pro quo,” you’d be wise to run away as fast as you can and never look back. But that’s exactly how then-Ald. Daniel Solis assured then-House Speaker Michael Madigan in late June of 2017 that their mark — the developers of a West Loop apartment complex — would eventually be convinced to retain Madigan’s property tax appeals law firm. Solis chaired the powerful Zoning Committee, so the developers had to come through him, and Solis said they would understand the game: The developers hire Madigan’s law firm and their zoning changes would be approved. “I think they understand how this works,” Solis told Madigan. “The quid pro quo.” Solis admitted on the stand during Madigan’s corruption trial that what he said to Madigan was “dumb.” Madigan didn’t know that the federal government was recording all his conversations with Solis. So, what was dumb about what Solis said is that Madigan might’ve immediately cut all ties to Solis, and Solis’ federal handlers would’ve been furious that he let the target get away. Turns out, the real dummy was Madigan. Madigan didn’t walk away. Instead, he kept going back to Solis, only gently admonishing him weeks later by telling Solis not to say the quiet part out loud and instructing him in the polite way of conducting business. And then a few months later, while talking about another real estate deal, Solis asked whether the West Loop developers had signed on with Madigan’s firm. Madigan didn’t say, but appeared to give Solis the go-ahead to process their zoning request. “You were contemplating processing something,” Madigan said. “You should go ahead and process that.” Feds make their point The feds are also trying to prove that Madigan’s consigliere, longtime lobbyist and fellow defendant Mike McClain, wasn’t just freelancing without Madigan’s approval when it came to all the demands McClain was making of Commonwealth Edison. The trial so far has given the feds big wins on that point. Madigan and Solis were in discussions about the state transferring a Chinatown parking lot to the City of Chicago so that it could be developed into a hotel, and Madigan could get the property tax business. So, he told Solis to reach out to McClain. McClain would give the developer “some ideas about how to go about it.” A couple of months later, Solis again brought up the Chinatown parcel to Madigan. “Let me get back into it and, and, um, see if there’s some way to find somebody that can talk to IDOT. That, that’s where the decision’s going to be made,” Madigan said. “I’m trying to figure out a way to approach it,” Madigan later told Solis about the parcel. He appeared to be calculating how he could pass a bill to benefit his law firm without leaving any overt fingerprints. Madigan eventually told Solis that one of the Chinatown developers would soon be receiving a call from McClain. The effort to transfer the property extended into the spring of 2018 for several reasons, most importantly opposition from local legislators. In March of 2018, Madigan told Solis that maybe McClain should talk to the senator who was putting a brick on the land transfer, and then explained to Solis at length how this particular legislation could shorten the time it would take to transfer the property to the city. From there, jurors heard recordings about the intricacies of passing the bill, including who was blocking it. McClain is heard on a recording briefing Madigan about which legislators were opposing the bill and about how the then-secretary of transportation was “getting squeamish” about it. Also in March, Solis told Madigan that if Madigan could “take care of that [Chinatown] matter in May,” during the end of spring session, “I’m confident they’ll appreciate it and ... sign you up on after May.” Madigan didn’t run away then, either. But the bill eventually died and a possible payday was missed. On May 28, 2018, a few days before the scheduled end of spring session when there was still hope the bill would advance, McClain called a member of Madigan’s House staff to tell them about the property tax transfer bill, “that deals with a developer of [Madigan’s].” McClain told the staffer: “He wants to make sure he votes ‘present.’” In other words, if the feds didn’t have Madigan, McClain and Solis on numerous recordings, Madigan could’ve officially covered his rear by voting “present” on a bill that would’ve potentially padded his pockets and that he’d allegedly been actively pushing behind the scenes for months on end. Rich Miller also publishes Capitol Fax, a daily political newsletter, and CapitolFax.com. Send letters to letters@suntimes.com Get Opinions content delivered to your inbox. Sign up for our weekly newsletter here .Staggies captain’s absence to give others chance to impress
Jonah Goldberg: What if most Americans aren't bitterly divided?I Have One Of 456 Limited Edition Teal ‘Squid Game’ Xbox Controllers