Romanian court annuls presidential election over alleged Russian interferenceGroq is a leading artificial intelligence software provider and hardware manufacturer. The company is best known as the first to develop and market a Language Processing Unit. Today, its cloud services host a variety of AI models, providing global access to researchers and developers. Notably, Groq's first-mover status in one of the most active industries in the market has helped it drive investor interest. Groq is a privately held company, and no official IPO date has been announced. However, demand for the company's shares continues to rise. Currently, you can't purchase shares on the public markets. However, pre-IPO shares are another option to consider as the firm remains positioned to expand AI adoption across multiple industries. What is Groq? San Francisco-based Groq entered the market in 2016. It was founded by two ex-Google Engineers, Jonathan Ross and Douglas Wightman, as an early AI software infrastructure and service provider. The company saw immediate support from investors who were eager to get in on the AI market before mainstream adoption. Groq became globally recognized as a market leader after it introduced AI-specific hardware alongside its ultra-low latency AI inference. AI systems are notoriously CPU-hungry. They require a lot of data to operate and can quickly overwhelm traditional microchips. To combat this issue, Groq created the LPU. Language Processing Unit (LPU) Groq was the first manufacturer to introduce an AI accelerator application-specific integrated circuit (ASIC) to the market. This chip differed from traditional processing chips in multiple ways. Initially labeled the Tensor Streaming Processor (TSP), the single-core purpose-built design leveraged sequential processing rather than the parallel architecture commonly used. This structure allowed the chip to provide a sliced microarchitecture that improved performance and efficiency. It also supported the use of open-source LLMs, scheduled instruction executions, and directed data flow. These factors have helped Groq cement its position as a leading AI chip manufacturer. LPU vs CPU There are several key differences between a traditional GPU and an LPU. For one, the memory and computer are located on the same chip, reducing transfer times and energy requirements. This strategy allows the use of a kernel-less compiler, improved model development times, and the elimination of caches or switches. Source – Groq Homepage GroqRack GroqRack allows developers to improve their in-house AI computation capabilities via a customized compute cluster. These systems don’t require additional cooling or power requirements, making them the ideal option for those seeking lower power costs, higher performance, and space-saving designs. GroqCloud GroqCloud launched in 2024 as a way for developers to get the most out of Groq AI integrations. The platform features a developer toolkit and helpful modules to improve interoperability, security, and integrations. The soft launcher provides developers with a safe environment to test and create new AI applications. Additionally, there's an advanced API that allows anyone to integrate AI services on a pay-per-use or subscription-based model. Developers can access a variety of AI LLMs and more hosted on the GroqCloud, empowering them to create more immersive and helpful applications in the future and ensuring their creations can interact with the entire ecosystem. Historical Funding Rounds Summary of Groq Funding: Funding Rounds Breakdown: Key Investors: The key investors that back Groq include Tiger Global Management, D1 Capital Partners, BlackRock, Spruce House Investment Management, Grosvenor Capital Management, Firebolt Ventures, TDK Ventures, Infinitum Partners, General Global Capital, Boardman Bay, and Social Capital. Funding data sourced from Traxn . Why Invest in Groq? There's a long list of reasons why you should consider investing in Groq. For one, it has a strong position in the market and a first mover in the hardware sector. Its LPU provides an energy-efficient and flexible option for developers seeking to power the AI revolution. Groq is Developer Friendly Another reason Groq continues to see success is its developer ecosystem. The company has built a lively developer discord community that makes it easy for new users to join the action. The combination of helpful tutorials, expert advice, and secure API keys, all reflect the company's developer-centric approach to AI. Software-driven strategy Groq was the first company to build AI hardware to support its software, enhancing capabilities considerably. This decision marked a major milestone in the AI sector, opening the door for more efficient and powerful AI algorithms. The company has seen huge success creating hardware designed for specific AI systems and analysts predict demand for their unique services to skyrocket. Strong Financial Backing Groq has received substantial backing since its launch from multiple well-known institutional investors. The company hits a rare checklist in that it's in the AI sector, is a first mover, holds a dominant position, and has strong financials. Additionally, the company has strategic partnerships with industry leaders including the Samsung Electronics foundry in Taylor, Texas, where it will manufacture its next-generation LPU chips. Acquisitions Another major reason investors want to gain access to Groq shares is the company's acquisitions. Groq has made some smart acquisitions since its launch including Maxeler Technologies on March 1, 2022, and Definitive Intelligence on March 1, 2024. These acquisitions improved data flow and expanded its AI capabilities further. How to Buy Groq Pre-IPO Shares Groq remains a privately held company, meaning that you will need to utilize a specialized approach to get access to shares. Here is what you need to consider. 1. Pre-IPO Secondary Marketplace Secondary markets are purpose-built exchanges that connect pre-IPO shareholders with potential investors. These marketplaces can offer these assets because they work closely with employees, early-stage investors, and venture capitalists, which are crucial to the company's pre-IPO growth. Investing in pre-IPO shares for Groq could open the door for additional ROIs if the company's valuation is less than when its IPO launches. It's common for company valuations to increase following an IPO. As such, it makes sense to add pre-IPO shares to your portfolio before the firm announces plans to go public. Secondary marketplaces have many requirements. Here are some concerns you should be made aware of: Eligibility : Notably, this approach requires you to be an accredited investor, meaning you will have to show at least $1M in liquid assets to qualify. Liquidity : Pre-IPO shares can't be traded like regular shares. They often include some lockup restrictions that prevent you from trading them before the IPO. Some firms have permanent “no sell” clauses that prevent any transfer of the shares following your investment. Linqto is a reputable investment platform that connects accredited investors with pre-IPO shareholders securely. The network streamlines pre-IPO investing via an easy-to-navigate interface that provides access to all relevant data at a glance. Accredited investors seeking pre-IPO shares in Groq should consider Linqto. Visit Linqto → 2. Private Equity Firms Private equity firms gain access to pre-IPO shares during investment rounds. They then offer these shares to high-net-worth accredited investors with a commission. Notably, private equity firms are known to have extra stipulations, including blocking the sale of shares for years in some cases. 3. Employee Equity Sales Many consider employee equity sales as the best way to acquire pre-IPO shares in Groq. This method of acquiring pre-IPO shares requires you to connect with former employees. It's common for companies to issue shares as part of an incentive package. Notably, this profit-sharing method has become more popular, leading to more pre-IPO share opportunities for investors. Private Transactions: there are a lot of hoops you will need to jump through to complete a private pre-IPO transaction, including creating specific legal agreements, conducting valuations, and setting in place any limitations on the transfer of the asset. Brokerage : Brokers will take a lot of the confusion out of the pre-IPO process. These professionals can guide you through each step, ensuring full compliance and avoiding common errors untrained professionals make. There are several risks that you should consider before jumping into the pre-IPO shares investment arena. Here are the top concerns: Liquidity Risk If you are looking for an asset that you can sell right away, pre-IPO shares are not the best option. These investments can include sales and transfer clauses that prevent the transfer of the asset until certain criteria, such as the IPO's completion. It's even common for pre-IPO shares to require you to wait years before gaining the ability to sell your assets. Regulatory Risk The blockchain market has seen considerable scrutiny from regulators and lawmakers. While the technology is far better understood than in its early days, there are still many lawmakers who see it as a threat to the traditional financial system. As such, you need to always consider how new regulations could affect the value of your pre-IPO shares. Market Risk Purchasing pre-IPO shares in Groq means that you stand behind the project and its team. The company has secured a reputation for excellence and has previously expressed a desire to go public. However, no concrete data has been provided yet. As such, it's vital to understand that the blockchain market is an active space that experiences strong fluctuations that could result in a different share value between now and any future IPO launch. Valuation of Groq and Future IPO Groq has a valuation of $2.8B as of Aug 05, 2024. The company qualifies for Unicorn status and is one of the most recognized AI hardware providers globally. It secured this positioning through a combination of factors, including providing much-needed hardware and software solutions to the market. Groq's business model and experienced executive staff also helped the company deepen investor trust and confidence. There’s been no mention by Groq of plans to host an IPO in the coming months. However, demand for their shares remains at all-time highs, meaning that any IPO news could be met with added demand from the public. Those who can access pre-IPO shares of Groq will be uniquely positioned for success. Groq's hardware solutions open the door for the company to become one of the main infrastructure providers, furthering its crucial role and enhancing future AI systems. Groq Pre-IPO Conclusion Groq is the first and most well-established AI chip manufacturer in the world. The company’s unique approach and support for multiple AI LLMs add to its overall value in the market. As AI research and development expands, there's sure to be more demand for Groq's unique products. As such, pre-IPO shares in Groq could provide some unique opportunities. It's recommended that you conduct thorough research into any potential investment as pre-IPO shares have stipulations like lock-up and no sale periods. To ensure that you remain in your risk appetite, it's recommended that you consult a financial expert. For those who complete these tasks and secure Groq pre-IPO shares, the future looks bright. Learn about Other Pre-IPO Opportunities Now Disclaimer: This article is for informational purposes only and does not constitute financial, legal, or investment advice. Pre-IPO shares are typically available only to accredited investors and carry significant risk. Always perform thorough due diligence and consult a financial advisor or legal expert before making investment decisions.
Stock market today: Wall Street drifts to a mixed close even as S&P 500 ekes out another recordVan Nistelrooy has replaced Steve Cooper at the King Power Stadium and saw Jamie Vardy open the scoring after just 98 seconds. Bilal El Khannouss and Patson Daka added goals after the break to ensure the Dutchman started with three points in style. Starting with a win! 🤩 Delivered by @bcgame #LEIWHU pic.twitter.com/X90nFSbMLm — Leicester City (@LCFC) December 3, 2024 His task is to keep the Foxes in the Premier League this season and after ending a five-game winless run they moved up to 15th, four points clear of the relegation zone. West Ham’s hierarchy will have seen what impact a managerial change can have as the jury remains out on Lopetegui, with away fans making their feelings clear by chanting “You’re getting sacked in the morning”. Niclas Fullkrug scored a consolation goal at the death but it counted for nothing and forthcoming games against Wolves, Bournemouth, Brighton and Southampton could determine the Spaniard’s future. When Van Nistelrooy went to bed last night, even he would not have dreamt of his side starting as well as they did as they went ahead with less than two minutes on the clock. One of the Dutchman’s first conversations following his appointment was to take Vardy to task for breaking his record for scoring in the most consecutive Premier League games nine years ago. And the veteran striker rolled back to the years as, living on the shoulder of the West Ham defence, he raced clear from El Khannouss’ through-ball and slotted into the corner. The linesman’s flag immediately went up but a lengthy VAR review ruled Vardy had timed his run perfectly and the goal stood. Vardy could have added a second from a similar move but this time Lukasz Fabianski denied him. The Dutchman quickly learned about the frailties of his side as West Ham created a raft of chances in search of an equaliser. Jarrod Bowen forced Mads Hermansen into a stretching save when he cut in from the right before Ings’ header crashed into the post and Max Kilman slipped at the crucial point from the rebound. Bowen, a constant threat, sent a ball across face of goal which evaded everyone before the England international was denied by a reflex save from the busy Hermansen. The Danish goalkeeper needed to be alert to tip over Mohammed Kudus’ deflected effort early in the second half before he was saved by the referee’s whistle after after his attempted punch went into his own goal, Tomas Soucek the man penalised. Leicester remained a threat on the counter-attack and that is how they doubled their lead just after the hour. Kasey McAteer was set clear down the left and his ball inside was perfect for El Khannouss to find the bottom corner from 15 yards. It was almost three as Fabianski produced an acrobatic save from Wilfred Ndidi’s header before Leicester needed a heroic piece of defending to keep their 2-0 lead intact. Crysencio Summerville bundled the ball goalwards and it was heading over the line until Conor Coady adjusted his feet and poked it clear. The Foxes, who also had a goal from substitute Bobby De Cordova-Reid chalked off by VAR, wrapped things up in the 90th minute when Daka broke clear and emphatically converted into the roof of the net. West Ham did get on the scoresheet when Fullkrug headed a corner home, but the game was already done.
The brazen murder of UnitedHealthcare CEO Brian Thompson has unleashed social media scorn at his company and a U.S. health insurance industry that serves as gatekeeper to the nation's $4.5 trillion health care system. Trying to file an insurance claim at UnitedHealthcare, among the nation's largest insurance companies, is a "humiliating and godawful slog," one commenter wrote. "Guessing this (murderer) might be a disgruntled policy holder.” Another poster complained, "CEOs are making money hand over fist- by DENYING care. I feel terrible for his family, but can’t say I’m surprised.” Although social media is often filled with hatred and “good riddances” after a high-profile murder, and there have been instances of violence against people involved in health care before, the reaction this time felt different, experts said. The Midtown Manhattan murder tapped a groundswell of public anger over an industry the public often only knows through impersonal delays and denials to needed health care, said Wendell Potter, a former CIGNA executive who became a whistleblower against the health insurance industry. "I've been hearing for years now from people who have been so frustrated because of denials or delays of care, and this was an opportunity for people to vent and to take out their anger against someone who just became known to them all of a sudden," Potter said. "It's sadly misplaced anger," he continued. " The system is rigged against Americans who need care, people who have health insurance, and it is largely because of the role that Wall Street plays in our health care system." Why are people so angry at the health insurance industry? Thompson's death also elicited an outpouring of vitriol on social media toward health insurers, grievances over denied claims and complaints about perceived greed in the industry. Investigators are still working to identify and locate the shooter who killed Thompson as well as determine a motive. Officials found three bullet casings inscribed with the words "deny,” “defend” and “depose," multiple news outlets reported. The words evoke the title of a book critical of the insurance industry published in 2010 : "Delay Deny Defend: Why Insurance Companies Don't Pay Claims and What You Can Do About It." Before President Obama’s signature Affordable Care Act took effect last decade, health insurers often denied or limited coverage based on a person’s medical history and retroactively canceled plans when a person became sick with a costly disease such as cancer. Such “rescissions” are not allowed now except when a person commits fraud or intentionally misrepresents facts. The 2010 health law mandated insurers spend a minimum of 80% to 85% of premiums on medical care, or rebate customers when they fail to meet those thresholds. But other consumer aggravations remain. Denied claims and trouble finding a provider in network work are among the most common reportedly problems faced by Americans that say they've had trouble using their health insurance, according to a 2023 poll from KFF, a health policy nonprofit. Problems with health insurance can be complex and confusing to navigate, which leads people to put off getting care and "could lead to very long term and detrimental health impacts," said Ashley Kirzinger, director of survey methodology at KFF. "We know that it causes a lot of anxiety for people," she said. Others say the private health insurance industry is a function of the design of the United States health care system. "Insurers get maligned for a lot of things that are really decided at a much higher level," said Loren Adler, associate director of Center on Health Policy at the Brookings Institution. "The way the U.S. set up our health system, it designates insurers to make the unpopular decisions on denying some care, having prior authorization and trying to control costs. And no one likes cost control." What is UnitedHealthcare's record on claim denials? UnitedHealthcare does not publicly report how often it denies claims or requires doctors, hospitals or labs to get the insurer's authorization before approving medical care. But lawsuits and Congressional reports provide some clues to the insurer's business practices In October, a Senate panel report found UnitedHealthcare’s denial rate for post-acute care "surged from 10.9 percent in 2020, to 16.3 percent in 2021, to 22.7 percent in 2022." Almost a dozen people were arrested in July outside UnitedHealthcare’s headquarters in Minnetonka, Minnesota, while "protesting the company’s systemic practice of refusing to authorize and pay for care," according to the People’s Action Institute . The organization offered condolences for Thompson's death in a statement . A 2023 lawsuit filed against United Healthcare, its parent company UnitedHealth Group and subsidiary NaviHealth claimed the insurance giant used artificial intelligence to deny claims for seniors enrolled in private Medicare plans. The lawsuit claimed seniors were denied access to skilled nursing and rehab centers and the insurer used AI to make "rigid and unrealistic" determinations about what it takes for patients to recover from serious illnesses. When the lawsuit was filed UnitedHealth told USA TODAY that NaviHealth's AI program isn't used to make coverage determinations. The case is ongoing. Claim denials or delays are both strategies that health insurance companies employ to limit the amount they pay in medical claims due to pressure from Wall Street, Potter said. When UnitedHealthcare's parent company, UnitedHealth Group, reported quarterly earnings in November, the insurer paid more in claims than Wall Street expected and warned of government payment cuts for private Medicare plans and low reimbursement from state Medicaid program. After the insurer lowered its forecast on financial performance for the next year, the company's stock price dipped 8%. "From the investors' point view, the company was paying too much for care, and the company was punished," Potter said. Health care workers face on-the-job attacks, violence Beyond anger directed at insurance companies, Thompson's death is the latest in a number of violent attacks and threats against health care workers, including doctors and nurses, and industry executives. Research has found health care workers are about five times more likely to experience workplace violence than employees in other industries and their risk of becoming gun violence victims is rising. Meanwhile, health care companies have shelled out hundreds of thousands of dollars to protect top executives as threats against them also rose. Unlike mass shootings where the perpetrator doesn't personally know the victims, attacks in health care settings are usually purposeful, targeted and often involve grudges related to medical or surgical outcomes, research has found. "The risk of workplace violence is a serious occupational hazard for nurses and other health care workers," a recent study by National Nurses United found . "Countless acts of assault, battery, aggression, and threats of violence that routinely take place in health care settings demonstrate a frightening trend of increasing violence faced by health care workers throughout the country." Holding a grudge against a physician for health outcomes is the motive in about 20% of fatal shootings involving health care workers, according to a study by Maine Medical Center researchers published in 2019 . Chris Pierson, CEO of security firm BlackCloak, said he's seen executives of Fortune 500 pharmaceutical companies become victims of swatting after raising drug prices as well as his own clients in the health care industry physically confronted by people attempting to hold them accountable for their company's decisions. While violence is rare, consumer aggravation with insurance companies is routine. Half of the people who reported issues using their health insurance either couldn't receive recommended care, experienced a decline in their health or paid more than expected all as a direct result of their problems, the KFF poll found. Though most people, particularly those in good health, say they're happy with their own insurance provider, "people are much more negative about the health insurance industry writ large," Kirzinger said. "With the increase in costs of health care, there's a lot of discussion of who's to blame for that and what's not getting covered," she said. Contributing: Christopher Cann, USA TODAY ; Reuters
The gaming world is abuzz with anticipation for Grand Theft Auto 6, the next installment in Rockstar Games’ legendary franchise. Rumors, leaks, and speculation have swirled for years, with many claiming the game has been in some form of development for close to a decade. But is there any truth to this? As a games journalist who has followed Rockstar’s work for over 20 years, I’ve dug deep into the available information to uncover the reality behind GTA 6’s development timeline. The story of GTA 6’s development is a complex one, shrouded in secrecy and fueled by eager fans desperate for any scrap of information. While Rockstar Games officially confirmed the game’s existence in February 2022, whispers and alleged leaks suggest its origins stretch back much further, potentially to 2014 or even earlier. This raises the question: why the long wait? Is GTA 6 truly trapped in “development hell,” plagued by reboots and internal struggles? Or is there a more logical explanation for this extended development cycle? The Early Days: Seeds of Development While it’s impossible to pinpoint the exact start date, evidence suggests that preliminary work on GTA 6 likely began after (or even alongside) the development of GTA 5. Consider this: GTA 5, released in 2013, was a massive undertaking. Rockstar dedicated significant resources to its online component, GTA Online, which continues to generate substantial revenue. It’s plausible that a small team began exploring ideas and concepts for the next installment while the main studio focused on supporting GTA Online. Furthermore, Rockstar Games is known for its meticulous approach to development. They prioritize quality and innovation, often pushing the boundaries of technology and gameplay. Building a successor to the critically acclaimed GTA 5, a game that redefined open-world gaming, would undoubtedly require extensive planning, research, and experimentation. The “Project Americas” Leak and Its Implications In 2019, a significant leak allegedly revealed crucial details about GTA 6, codenamed “Project Americas.” This leak suggested a return to Vice City (inspired by Miami) and a new fictional location based in South America. It also claimed the game would feature multiple protagonists and a narrative inspired by drug cartels. While Rockstar Games never officially confirmed the leak’s validity , many details aligned with subsequent rumors and reports, lending it credibility. If “Project Americas” represents an early iteration of GTA 6, it indicates that the game has undergone significant changes throughout its development. This is not unusual in the game industry, where projects often evolve and iterate based on testing, feedback, and technological advancements. The Impact of GTA Online and Red Dead Redemption 2 Another factor contributing to GTA 6’s extended development cycle is the ongoing success of GTA Online. This online juggernaut has become a significant revenue stream for Rockstar Games, requiring continuous updates and content additions. It’s reasonable to assume that a portion of Rockstar’s development resources was dedicated to supporting GTA Online, potentially impacting the progress of GTA 6. Moreover, Rockstar released Red Dead Redemption 2 in 2018, a critically acclaimed masterpiece that undoubtedly demanded significant time and resources. Developing two massive open-world games concurrently would be a monumental challenge for any studio, even one as large and talented as Rockstar. The Rockstar Culture and Its Influence Rockstar Games has a reputation for its demanding work culture, with reports of crunch and long hours. While the company has taken steps to improve working conditions, it’s possible that this intense environment has contributed to the extended development timeline. Creating a game of GTA 6’s scale and ambition requires a significant investment of time and effort from the development team. Furthermore, Rockstar is known for its perfectionism. They are not afraid to scrap ideas, restart development, or delay releases to ensure their games meet their high standards. This commitment to quality, while admirable, can also lead to longer development cycles. The Pandemic Effect The COVID-19 pandemic disrupted industries worldwide, and the game industry was no exception. Lockdowns, remote work, and supply chain issues impacted game development across the board. It’s likely that GTA 6’s development was also affected, potentially causing delays and setbacks. The 2022 Leaks and Official Confirmation In September 2022, a massive leak rocked the gaming world, featuring early development footage of GTA 6. This leak seemingly confirmed the Vice City setting, the presence of a female protagonist, and other previously rumored details. While Rockstar Games swiftly took down the leaked footage, the damage was done. The leak provided a glimpse into the game’s development, albeit an unfinished one. Following the leak, Rockstar Games officially acknowledged the incident and confirmed that GTA 6 was indeed in development. This confirmation, while not unexpected, finally put an end to years of speculation and rumors. Looking Ahead: What to Expect Despite the leaks and rumors, concrete details about GTA 6 remain scarce. Rockstar Games is notoriously tight-lipped about its projects, preferring to reveal information on its own terms. However, based on available information, we can make some educated guesses. While it’s unlikely that GTA 6 has been in full-scale development for a full decade, it’s clear that its journey has been a long and complex one. Factors such as the success of GTA Online, the development of Red Dead Redemption 2, Rockstar’s meticulous approach, and the COVID-19 pandemic have likely contributed to this extended timeline. Ultimately, GTA 6 is one of the most anticipated games in history. The pressure on Rockstar Games to deliver a worthy successor to GTA 5 is immense. However, based on their track record and the glimpses we’ve seen, there’s reason to believe that GTA 6 will be worth the wait.Local Footy Don't miss out on the headlines from Local Footy. Followed categories will be added to My News. Country footy is taking a breather for Christmas-New Year, but it won’t be long before clubs return to training in preparation for another big season in 2025. Recruiting is still happening with more signings to be revealed ahead of the new season starting. But there has been no shortage of big coaching moves since the end of 2024. The Weekly Times has ranked the top 10 to watch next year. 1. DARYN CRESSWELL, Corowa-Rutherglen South Cairns captain Beau McKeown and coach Daryn Cresswell lift the premiership cup this year. Cresswell has returned to the Ovens & Murray to coach his third club. Picture: Brendan Radke The Ovens & Murray club, which spent 2023 in recess, is buzzing again and much of the hype has to do with the appointment of Cresswell as coach. Corowa-Rutherglen has 55 player points at its disposal and if recruiting to date is any guide, most, if not all of them will be used most weeks next season by the coach taking the reins at his third O&M club. What happens with points for 2026 is a decision for down the track. But first and foremost for Cresswell, who delivered a flag to South Cairns before departing midway through a two-year contract, is winning games. Corowa-Rutherglen won one match last season. Expectations are high the Roos will win more in 2025, but predictions of playing finals need to be tempered given the tightness of the competition again. 2. LEIGH POHOLKE, Moe Former Sorrento coach Leigh Poholke. Picture: Valeriu Campan Following a successful stint in charge of Sorrento, Poholke is the latest coach to be handed the job of bringing one of the longest flag droughts in major league football to an end. Moe has not won a flag in the Gippsland league since 1967 and Poholke takes over from Declan Keilty, who has taken the Lions into finals the last two years without making a grand final. The incoming coach’s prospects have been helped by Keilty staying on and the signings of Ben Crocker and Myles Poholke, who played together at the Adelaide Crows. 3. STEVE JOHNSON, Newtown & Chilwell Steve Johnson departed Yarrawonga after two seasons in charge. Picture Yuri Kouzmin The former Cats champ is back in familiar surrounds as coach of Geelong league club Newtown & Chilwell. He coached Yarrawonga in the Ovens & Murray for two years and went within three points of being a dual flag winning coach following a shock loss to Wangaratta Rovers in the grand final in 2024. Johnson had the chance to return to his original club, Wangaratta, but opted to revive the fortunes of Newtown & Chilwell in one of the state’s premier country footy leagues. 4. TROY COATES AND JACK FALLON, South Bendigo The legendary Kerang coach and player returns to the Bendigo league in a co-coaching capacity with Jack Fallon, who has also played previously in the competition. Coates coached Strathfieldsaye to the 2019 flag before heading back to Kerang for more success and Fallon played in an Eaglehawk premiership. Together they have attracted a swag of recruits including Josh Nitschke and Kaiden Antonowicz. South Bendigo finished ahead of only Maryborough and Kangaroo Flat in 2024 with perhaps only Eaglehawk’s finals spot this year the one that could open up in 2025. 5. JYDON NEAGLE, South Mildura Jydon Neagle just fell short of the ultimate prize as Balranald coach. Picture Yuri Kouzmin After back-to-back finals appearances with Balranald including a grand final loss to Kerang, Neagle has taken over as coach of the Sunraysia league wooden spooners in 2025. Neagle’s younger brothers, Matt and Jaxon, will join him at South Mildura as will another Balranald player of recent times, Harrison Soraggi. Imperials showed in 2024 a Sunraysia league club could go from wooden spooners to premiers in the space of 12 months. 6. DARRYL WILSON AND JORDAN HUMPHREYS, Calder United Darryl Wilson will co-coach Calder United with Jordan Humphreys. Picture Yuri Kouzmin A new era begins for the Nullawil-Wycheproof-Narraport merged club with the Nullawil coach Darryl Wilson and captain Jordan Humphreys in 2024 taking charge in a co-coach set up next season. After a recruiting blitz, Nullawil missed finals last season as did its merger partner Wycheproof-Narrport. Calder United has successfully retained key players from both teams last year including Matt Wade, and topped up with Balranald midfielder Kobe Lloyd and Eaglehawk key defender Oscar Maddern. 7. ASHLEY CONNICK, Birchip-Watchem After a six-season stint with Sandhurst, which culminated in the 2024 Bendigo league premiership, Connick has headed to the North Central league for his next big coaching challenge. He takes over from Trevor Ryan with expectations the Bulls will remain in the leading pack of clubs next season. They’ve retained key trio, Nic Rippon, Ben Edwards and Hamish Hosking, and picked up triple Wimmera league premiership defender Ben Lakin. 8. TREVOR RYAN and JAKE McQUEEN, Nhill Nhill snapped a 14-season finals drought in 2024 under first-year coach McQueen, who had returned to the club from recent stints in the VFL and Ovens & Murray. But next season he will be joined as co-coach with country football coaching legend Trevor Ryan, who comes to the Wimmera league for the first time. Ryan most recently coached Birchip-Watchem and coached the Bulls to the flag in 2022 before falling to Sea Lake-Nandaly in this year’s grand final. 9. LACHLAN TARDREW AND BRYCE CURNOW, Sandhurst Lachlan Tardrew will be co-coach of Sandhurst in 2025. Picture Yuri Kouzmin The Sandhurst premiership defence in 2025 is in safe hands with the league’s premier onballer, Tardrew, stepping up as co-coach. The coaching vacancy at the Dragons was created with Ashley Connick’s move to Birchip-Watchem. Last season, Tardrew tied for the Michelsen Medal with two grand final opponents from Gisborne – Brad Bernacki and Braidon Blake. Tardrew was also best-on-ground in Sandhurst’s first flag win since 2016. 10. CLINT PROCTOR, North Ballarat The Ballarat league has come up with a more than handy replacement for Brendan McCartney, who has taken on the job of coaching VFL team Port Melbourne. Clint Proctor joins the Roosters after coaching Box Hill for two years in a role previously occupied by current Hawthorn coach Sam Mitchell. More Coverage Coach search worth the wait for Ouyen United David Johnston ‘Pathetic’: Interleague footy support cash axed David Johnston Originally published as Daryn Cresswell, Leigh Poholke and Steve Johnson change country football clubs Join the conversation Add your comment to this story To join the conversation, please log in. Don't have an account? Register Join the conversation, you are commenting as Logout More related stories Vic Amateur Every in and out across the entire VAFA ahead of 2025 Keep up to date with every in and out across all six divisions of the Victorian Amateur Football Association. See every move here. Read more Local Footy Every side analysed: Winners and losers from GFNL draw Which clubs are facing an uphill battle in 2025, and who is well placed to contend? We have broken down every club’s 2025 draw. Read more
Sirkka joins the executive team to elevate recruitment strategies and advance growth in travel nursing and healthcare staffing nationwide OMAHA, Neb. , Dec. 3, 2024 /PRNewswire/ -- Medical Solutions , a leader in healthcare staffing and talent innovation, has appointed Kerry Sirkka as Chief Recruitment Officer to spearhead transformative recruitment strategies and drive growth. She has more than 20 years of experience as a seasoned, award-winning healthcare executive with a proven track record in expansion, progress, and operational transformation across healthcare staffing and technology sectors.NoneThe Top S&P 500 Stock of 2024 (So Far) Isn't Nvidia. Here's Where History Says the Soaring Stock Is Headed in 2025.
By BILL BARROW, Associated Press ATLANTA (AP) — Jimmy Carter, the peanut farmer who won the presidency in the wake of the Watergate scandal and Vietnam War, endured humbling defeat after one tumultuous term and then redefined life after the White House as a global humanitarian, has died. He was 100 years old. The longest-lived American president died on Sunday, more than a year after entering hospice care , at his home in the small town of Plains, Georgia, where he and his wife, Rosalynn, who died at 96 in November 2023 , spent most of their lives, The Carter Center said. Businessman, Navy officer, evangelist, politician, negotiator, author, woodworker, citizen of the world — Carter forged a path that still challenges political assumptions and stands out among the 45 men who reached the nation’s highest office. The 39th president leveraged his ambition with a keen intellect, deep religious faith and prodigious work ethic, conducting diplomatic missions into his 80s and building houses for the poor well into his 90s. “My faith demands — this is not optional — my faith demands that I do whatever I can, wherever I am, whenever I can, for as long as I can, with whatever I have to try to make a difference,” Carter once said. A moderate Democrat, Carter entered the 1976 presidential race as a little-known Georgia governor with a broad smile, outspoken Baptist mores and technocratic plans reflecting his education as an engineer. His no-frills campaign depended on public financing, and his promise not to deceive the American people resonated after Richard Nixon’s disgrace and U.S. defeat in southeast Asia. “If I ever lie to you, if I ever make a misleading statement, don’t vote for me. I would not deserve to be your president,” Carter repeated before narrowly beating Republican incumbent Gerald Ford, who had lost popularity pardoning Nixon. Carter governed amid Cold War pressures, turbulent oil markets and social upheaval over racism, women’s rights and America’s global role. His most acclaimed achievement in office was a Mideast peace deal that he brokered by keeping Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin at the bargaining table for 13 days in 1978. That Camp David experience inspired the post-presidential center where Carter would establish so much of his legacy. Yet Carter’s electoral coalition splintered under double-digit inflation, gasoline lines and the 444-day hostage crisis in Iran. His bleakest hour came when eight Americans died in a failed hostage rescue in April 1980, helping to ensure his landslide defeat to Republican Ronald Reagan. Carter acknowledged in his 2020 “White House Diary” that he could be “micromanaging” and “excessively autocratic,” complicating dealings with Congress and the federal bureaucracy. He also turned a cold shoulder to Washington’s news media and lobbyists, not fully appreciating their influence on his political fortunes. “It didn’t take us long to realize that the underestimation existed, but by that time we were not able to repair the mistake,” Carter told historians in 1982, suggesting that he had “an inherent incompatibility” with Washington insiders. Carter insisted his overall approach was sound and that he achieved his primary objectives — to “protect our nation’s security and interests peacefully” and “enhance human rights here and abroad” — even if he fell spectacularly short of a second term. Ignominious defeat, though, allowed for renewal. The Carters founded The Carter Center in 1982 as a first-of-its-kind base of operations, asserting themselves as international peacemakers and champions of democracy, public health and human rights. “I was not interested in just building a museum or storing my White House records and memorabilia,” Carter wrote in a memoir published after his 90th birthday. “I wanted a place where we could work.” That work included easing nuclear tensions in North and South Korea, helping to avert a U.S. invasion of Haiti and negotiating cease-fires in Bosnia and Sudan. By 2022, The Carter Center had declared at least 113 elections in Latin America, Asia and Africa to be free or fraudulent. Recently, the center began monitoring U.S. elections as well. Carter’s stubborn self-assuredness and even self-righteousness proved effective once he was unencumbered by the Washington order, sometimes to the point of frustrating his successors . He went “where others are not treading,” he said, to places like Ethiopia, Liberia and North Korea, where he secured the release of an American who had wandered across the border in 2010. “I can say what I like. I can meet whom I want. I can take on projects that please me and reject the ones that don’t,” Carter said. He announced an arms-reduction-for-aid deal with North Korea without clearing the details with Bill Clinton’s White House. He openly criticized President George W. Bush for the 2003 invasion of Iraq. He also criticized America’s approach to Israel with his 2006 book “Palestine: Peace Not Apartheid.” And he repeatedly countered U.S. administrations by insisting North Korea should be included in international affairs, a position that most aligned Carter with Republican President Donald Trump. Among the center’s many public health initiatives, Carter vowed to eradicate the guinea worm parasite during his lifetime, and nearly achieved it: Cases dropped from millions in the 1980s to nearly a handful. With hardhats and hammers, the Carters also built homes with Habitat for Humanity. The Nobel committee’s 2002 Peace Prize cites his “untiring effort to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development.” Carter should have won it alongside Sadat and Begin in 1978, the chairman added. Carter accepted the recognition saying there was more work to be done. “The world is now, in many ways, a more dangerous place,” he said. “The greater ease of travel and communication has not been matched by equal understanding and mutual respect.” Carter’s globetrotting took him to remote villages where he met little “Jimmy Carters,” so named by admiring parents. But he spent most of his days in the same one-story Plains house — expanded and guarded by Secret Service agents — where they lived before he became governor. He regularly taught Sunday School lessons at Maranatha Baptist Church until his mobility declined and the coronavirus pandemic raged. Those sessions drew visitors from around the world to the small sanctuary where Carter will receive his final send-off after a state funeral at Washington’s National Cathedral. The common assessment that he was a better ex-president than president rankled Carter and his allies. His prolific post-presidency gave him a brand above politics, particularly for Americans too young to witness him in office. But Carter also lived long enough to see biographers and historians reassess his White House years more generously. His record includes the deregulation of key industries, reduction of U.S. dependence on foreign oil, cautious management of the national debt and notable legislation on the environment, education and mental health. He focused on human rights in foreign policy, pressuring dictators to release thousands of political prisoners . He acknowledged America’s historical imperialism, pardoned Vietnam War draft evaders and relinquished control of the Panama Canal. He normalized relations with China. “I am not nominating Jimmy Carter for a place on Mount Rushmore,” Stuart Eizenstat, Carter’s domestic policy director, wrote in a 2018 book. “He was not a great president” but also not the “hapless and weak” caricature voters rejected in 1980, Eizenstat said. Rather, Carter was “good and productive” and “delivered results, many of which were realized only after he left office.” Madeleine Albright, a national security staffer for Carter and Clinton’s secretary of state, wrote in Eizenstat’s forward that Carter was “consequential and successful” and expressed hope that “perceptions will continue to evolve” about his presidency. “Our country was lucky to have him as our leader,” said Albright, who died in 2022. Jonathan Alter, who penned a comprehensive Carter biography published in 2020, said in an interview that Carter should be remembered for “an epic American life” spanning from a humble start in a home with no electricity or indoor plumbing through decades on the world stage across two centuries. “He will likely go down as one of the most misunderstood and underestimated figures in American history,” Alter told The Associated Press. James Earl Carter Jr. was born Oct. 1, 1924, in Plains and spent his early years in nearby Archery. His family was a minority in the mostly Black community, decades before the civil rights movement played out at the dawn of Carter’s political career. Carter, who campaigned as a moderate on race relations but governed more progressively, talked often of the influence of his Black caregivers and playmates but also noted his advantages: His land-owning father sat atop Archery’s tenant-farming system and owned a main street grocery. His mother, Lillian , would become a staple of his political campaigns. Seeking to broaden his world beyond Plains and its population of fewer than 1,000 — then and now — Carter won an appointment to the U.S. Naval Academy, graduating in 1946. That same year he married Rosalynn Smith, another Plains native, a decision he considered more important than any he made as head of state. She shared his desire to see the world, sacrificing college to support his Navy career. Carter climbed in rank to lieutenant, but then his father was diagnosed with cancer, so the submarine officer set aside his ambitions of admiralty and moved the family back to Plains. His decision angered Rosalynn, even as she dived into the peanut business alongside her husband. Carter again failed to talk with his wife before his first run for office — he later called it “inconceivable” not to have consulted her on such major life decisions — but this time, she was on board. “My wife is much more political,” Carter told the AP in 2021. He won a state Senate seat in 1962 but wasn’t long for the General Assembly and its back-slapping, deal-cutting ways. He ran for governor in 1966 — losing to arch-segregationist Lester Maddox — and then immediately focused on the next campaign. Carter had spoken out against church segregation as a Baptist deacon and opposed racist “Dixiecrats” as a state senator. Yet as a local school board leader in the 1950s he had not pushed to end school segregation even after the Supreme Court’s Brown v. Board of Education decision, despite his private support for integration. And in 1970, Carter ran for governor again as the more conservative Democrat against Carl Sanders, a wealthy businessman Carter mocked as “Cufflinks Carl.” Sanders never forgave him for anonymous, race-baiting flyers, which Carter disavowed. Ultimately, Carter won his races by attracting both Black voters and culturally conservative whites. Once in office, he was more direct. “I say to you quite frankly that the time for racial discrimination is over,” he declared in his 1971 inaugural address, setting a new standard for Southern governors that landed him on the cover of Time magazine. His statehouse initiatives included environmental protection, boosting rural education and overhauling antiquated executive branch structures. He proclaimed Martin Luther King Jr. Day in the slain civil rights leader’s home state. And he decided, as he received presidential candidates in 1972, that they were no more talented than he was. In 1974, he ran Democrats’ national campaign arm. Then he declared his own candidacy for 1976. An Atlanta newspaper responded with the headline: “Jimmy Who?” The Carters and a “Peanut Brigade” of family members and Georgia supporters camped out in Iowa and New Hampshire, establishing both states as presidential proving grounds. His first Senate endorsement: a young first-termer from Delaware named Joe Biden. Yet it was Carter’s ability to navigate America’s complex racial and rural politics that cemented the nomination. He swept the Deep South that November, the last Democrat to do so, as many white Southerners shifted to Republicans in response to civil rights initiatives. A self-declared “born-again Christian,” Carter drew snickers by referring to Scripture in a Playboy magazine interview, saying he “had looked on many women with lust. I’ve committed adultery in my heart many times.” The remarks gave Ford a new foothold and television comedians pounced — including NBC’s new “Saturday Night Live” show. But voters weary of cynicism in politics found it endearing. Carter chose Minnesota Sen. Walter “Fritz” Mondale as his running mate on a “Grits and Fritz” ticket. In office, he elevated the vice presidency and the first lady’s office. Mondale’s governing partnership was a model for influential successors Al Gore, Dick Cheney and Biden. Rosalynn Carter was one of the most involved presidential spouses in history, welcomed into Cabinet meetings and huddles with lawmakers and top aides. The Carters presided with uncommon informality: He used his nickname “Jimmy” even when taking the oath of office, carried his own luggage and tried to silence the Marine Band’s “Hail to the Chief.” They bought their clothes off the rack. Carter wore a cardigan for a White House address, urging Americans to conserve energy by turning down their thermostats. Amy, the youngest of four children, attended District of Columbia public school. Washington’s social and media elite scorned their style. But the larger concern was that “he hated politics,” according to Eizenstat, leaving him nowhere to turn politically once economic turmoil and foreign policy challenges took their toll. Carter partially deregulated the airline, railroad and trucking industries and established the departments of Education and Energy, and the Federal Emergency Management Agency. He designated millions of acres of Alaska as national parks or wildlife refuges. He appointed a then-record number of women and nonwhite people to federal posts. He never had a Supreme Court nomination, but he elevated civil rights attorney Ruth Bader Ginsburg to the nation’s second highest court, positioning her for a promotion in 1993. He appointed Paul Volker, the Federal Reserve chairman whose policies would help the economy boom in the 1980s — after Carter left office. He built on Nixon’s opening with China, and though he tolerated autocrats in Asia, pushed Latin America from dictatorships to democracy. But he couldn’t immediately tame inflation or the related energy crisis. And then came Iran. After he admitted the exiled Shah of Iran to the U.S. for medical treatment, the American Embassy in Tehran was overrun in 1979 by followers of the Ayatollah Ruhollah Khomeini. Negotiations to free the hostages broke down repeatedly ahead of the failed rescue attempt. The same year, Carter signed SALT II, the new strategic arms treaty with Leonid Brezhnev of the Soviet Union, only to pull it back, impose trade sanctions and order a U.S. boycott of the Moscow Olympics after the Soviets invaded Afghanistan. Hoping to instill optimism, he delivered what the media dubbed his “malaise” speech, although he didn’t use that word. He declared the nation was suffering “a crisis of confidence.” By then, many Americans had lost confidence in the president, not themselves. Carter campaigned sparingly for reelection because of the hostage crisis, instead sending Rosalynn as Sen. Edward M. Kennedy challenged him for the Democratic nomination. Carter famously said he’d “kick his ass,” but was hobbled by Kennedy as Reagan rallied a broad coalition with “make America great again” appeals and asking voters whether they were “better off than you were four years ago.” Reagan further capitalized on Carter’s lecturing tone, eviscerating him in their lone fall debate with the quip: “There you go again.” Carter lost all but six states and Republicans rolled to a new Senate majority. Carter successfully negotiated the hostages’ freedom after the election, but in one final, bitter turn of events, Tehran waited until hours after Carter left office to let them walk free. At 56, Carter returned to Georgia with “no idea what I would do with the rest of my life.” Four decades after launching The Carter Center, he still talked of unfinished business. “I thought when we got into politics we would have resolved everything,” Carter told the AP in 2021. “But it’s turned out to be much more long-lasting and insidious than I had thought it was. I think in general, the world itself is much more divided than in previous years.” Still, he affirmed what he said when he underwent treatment for a cancer diagnosis in his 10th decade of life. “I’m perfectly at ease with whatever comes,” he said in 2015 . “I’ve had a wonderful life. I’ve had thousands of friends, I’ve had an exciting, adventurous and gratifying existence.” ___ Former Associated Press journalist Alex Sanz contributed to this report.SUZHOU, China, Nov. 27, 2024 (GLOBE NEWSWIRE) -- YXT.com Group Holding Limited YXT ("YXT.com" or the "Company"), a leader and disruptor of the digital corporate learning industry in China, today announced changes to its senior management team. Mr. Teng Zu has resigned from his position as the chief executive officer ("CEO") due to personal reasons, effective today. Mr. Zu's resignation did not result from any disagreement with the Company. In addition, the board of directors of the Company (the "Board") appointed Mr. Zu as the vice chairman of the Board, effective today. Mr. Zu will remain with the Company as a director and the vice chairman of the Board. Following this transition, the Board has appointed Mr. Xiaoyan Lu, the Company's director, founder, and chairman of the Board, to serve as the CEO of the Company, effective today. Mr. Lu will continue his role as chairman of the Board. Additionally, the Board has appointed Mr. Yazhou Wu, the Company's chief technology officer ("CTO"), to the additional role of chief operating officer ("COO"). In this expanded capacity, Mr. Wu will oversee the Company's overall operational management while continuing his technology leadership role. "I am honored to return as CEO at this pivotal time," said Mr. Xiaoyan Lu. "Mr. Zu has built a strong foundation in digital corporate learning, and I am confident that with our enhanced management structure and dedicated team, we are well-positioned to accelerate our growth strategy. We remain committed to driving innovation in digital corporate learning and creating lasting value for our stakeholders." Safe Harbor Statements This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to", or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law. About YXT.com As a technology company, YXT.com provides corporations with digital corporate learning solutions, including SaaS platforms, learning content, and other services. YXT.com is a leader and disruptor of the digital corporate learning industry in China. Established in 2011, YXT.com has supported Fortune 500 companies and other leading companies with their transformation and digitalization of learning and development, and has received recognition, respect and recurring business. Contact Robin Yang ICR, LLC YXT.IR@icrinc.com +1 (646) 405-4883 © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Older adults in the U.S. skip needed medical care at much higher rates compared to other developed countries, according recent survey conducted by The Commonwealth Fund . The study said 8% to 9% of older Americans skip necessary treatment compared to just 2% of seniors in countries like Sweden, the Netherlands, the U.K. and Germany. The survey said nearly all Americans aged 65 or older are covered by Medicare and have access to most basic health services. Yet they pay more for health care and are more likely to postpone or skip needed care because of the cost. RELATED STORY | Medicare enrollment is complicated, but saving money doesn't have to be Nearly a quarter of older adults in the U.S. spent at least $2,000 over the past year on out-of-pocket expenses, compared to less than 5% in France and the Netherlands who spent the same amount, the survey said. The survey results are similar for dental and mental health care, The Commonwealth Fund said. One in five older adults in the U.S., Australia and Canada reported skipping needed dental care, compared to 5% or less of older adults in the Netherlands and Germany. The survey said less than 5% of older adults in all countries reported skipping mental health services over the past year because of the cost. RELATED STORY | Medicare premiums will rise yet again in 2025. Here's what you need to knowTHIRUVANANTHAPURAM: Google has released 'Veo', a generative AI model that can transform images and text into high-resolution videos. 'Veo' is Goolgle's first generative AI model. A recent study by Google found that companies working in generative AI have seen an 86% growth surge. Veo's release follows this trend. Videos produced by Veo will have more accuracy. Veo aims to surpass 'Sora', the AI model developed by OpenAI three months ago. Meanwhile, cyber experts have raised concerns about the potential misuse of women's and children's photos on the platform. However, Google has assured that it will take measures to prevent the misuse of copyrighted images. Videos with 1080p resolution Google's 'Veo' allows users to create custom videos using simple text prompts. For instance, you can instruct Veo to create a video of a butterfly flying through a garden. Alternatively, you can provide separate images of the butterfly and garden. The resulting video will have a 1080p resolution. Veo also enables users to create videos longer than a minute.None
Venezuela's Nicolas Maduro: 'Artificial Intelligence' Is Plotting a 'Cyber-Fascist Coup'Syrian rebels seize fourth city, close in on Homs in threat to Assad's rule
