nn777 login philippines app MIDDLETOWN, N.Y., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Orange County Bancorp, Inc. (Nasdaq: OBT), parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. today announced a $0.02 increase and a declaration of a $0.25 cash dividend per share of its common stock. The dividend will be paid on December 16, 2024 to shareholders of record on December 4, 2024. About Orange County Bancorp Inc. Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 125 years ago. It has grown through innovation and an unwavering commitment to its community and business clientele to approximately $2.5 billion in total assets. Hudson Valley Investment Advisors, Inc. is a Registered Investment Advisor in Goshen, NY. It was founded in 1996 and acquired by the Company in 2012. CONTACT: Contact: Candice Varetoni AVP Marketing Officer Orange Bank & Trust Company [email protected]Jason Mackey: Kyle Dubas can't afford to let Penguins' recent run change the big picture

'One GP to 1900 people' was the stark headline on the front page of last week's Taupō & Tūrangi Herald , above a story about the "magnitude of burnout" for doctors there. But the same day, there was more stark news for the readers of the free community weekly: there could soon be no newspaper at all for them to read. The paper's publisher NZME had just announced plans to close almost all its free local papers in the North Island, including the Taupō & Tūrangi Herald , citing mounting costs and slumping ad revenue. The New Herald Zealand Herald Media Insider column said the papers could close as soon as Christmas, with the loss of 30 jobs. NZME's rival Stuff closed its community paper, Taupō Times, in June. Similarly, Stuff closed the Levin-based Horowhenua Mail in 2022. If NZME now closes the Horowhenua Chronicle as planned, there will be no newsroom in the region by the end of the year. "An arid outlook for local media," concluded former New Zealand Herald editor Gavin Ellis, raising the prospect of 'news deserts' overseas appearing here. It refers to the growing number of towns and regions where local news sources have closed down - along with the scrutiny of public life they provided. Research has linked closures of newspapers to declines in civic engagement of citizens, increases in government waste, and increases in political polarisation. "As a metaphor, the desert evokes a sense of arid emptiness and silence. But it also suggests a featureless place where we lose a sense of direction," AUT senior lecturer in journalism, Greg Treadwell, wrote in response to NZME's plan . Many of these papers were their community's central or only source of verified local news, he pointed out. "The NZME announcement shouldn't have come as a surprise ... but local news had been a fixture for so long it's clear many community leaders felt blindsided," Sunday Star-Times editor Tracy Watkins wrote last weekend. Among them was Central Hawke's Bay mayor Alex Walker. "I am devastated. It is a massive blow. Central Hawke's Bay Mail is our community newspaper. It's where we discuss our district, we tell our stories, and most importantly, we connect." And with local elections next year, the closures were an urgent and acute problem, he argued. But Watkins went on to say government and local councils were "probably as much a part of the problem as anyone." "They've increasingly bypassed local media, spending their advertising and marketing budgets on comms teams and newsletters, or social media - and paying vast sums of money for targeted Facebook advertising instead," she wrote in her editorial. Local government advertising is also at the heart of the struggle at Westport News . It is not a community freebie paper from a big chain - but a decades-old independent daily paper that charges readers for news in print and online, and employs 17 people. Westport News said it was now fighting for survival after the Buller District Council moved almost all its advertising to a free weekly paper at the Greymouth Star , which is majority-owned by Dunedin-based Allied Press. Queenstown-based Crux - which did not take local government advertising on principle - went into 'hibernation' recently after seven years covering local issues. As an online-only initiative, Crux did not have the same escalating paper-and print costs as NZME, but editor Peter Newport said: "We are too small to benefit from the necessary scale of national digital advertising - and vulnerable to the substantial and selective financial support of print media by our local councils." For its part, Local Government NZ has called on central government to help. It has urged an expansion of the Local Democracy Reporting scheme run by RNZ since 2019 and part-funded by NZ On Air. It was modelled on a UK scheme filling local and rural reporting gaps there, and our version now deploys 18 journalists at local news organisations around the country to cover local authorities, courts, rūnanga and other bodies. LGNZ president Sam Broughton said in a statement the entire country could be covered this way to help local media report local issues, especially with the prospect of local elections next year in some places with no local journalists. "This and more should be done. The longer we wait, the closer the news desert creeps every day," AUT's Greg Treadwell concluded. An idea whose time has come? The country's biggest paper publisher, Stuff, closed or sold 28 community papers back in 2018. It has shut down other titles too since the local buyout of the company from Australian owners Nine Media in early 2020. But it still has 19 community titles left, as well as its eight regional dailies. "I certainly think that there are areas of the country, and particularly in regional New Zealand, that are really vulnerable and where it is becoming increasingly difficult to provide news coverage - and in particular by newspapers," Stuff's managing director of masthead publishing Joanna Norris told Mediawatch . "Following the NZME announcement we did hear from local communities that they are very much still value print newspapers - and particularly in rural areas. So we're still very much committed to regional New Zealand." So why close the Taupō Times , Horowhenua Mail and others? "It is getting increasingly harder, and we are all also providing strong digital solutions for local communities and local news coverage. But real constraints are starting to hit many publishers ... ranging from the shift of the advertising dollar to the global tech platforms and to things like NZ Post's decision to pull out of rural delivery on a Saturday . "There are simply fewer resources to fund news in those communities. They are telling us that they value these publications, and so our very strong message to both mayors and also to local businesses is: if you do value this, support it. "We cannot afford to be running publications that are non-profitable. So where possible, [they should] ensure that it's a part of their advertising mix. "We will continue to consolidate portfolios where it makes sense to do so. In Taupō and Horowhenua, we distribute The Post into both of those locations and the Sunday Star-Times as well." But there isn't a newsroom or reporter in either place. More than just the ads? The 14 November edition of NZME's Taupō & Tūrangi Herald had several pages of advertising, including full pages promoting national brands and three pages of local display and classified ads. Why would publishers turn away from that revenue - especially if the market is clear for them? "Often these decisions need to be made with a portfolio of publications, because there are economies of scale for producing several publications at once through your print site. It may be that while one publication is washing its face, another is not," Norris told Mediawatch . "But almost half of New Zealanders over 15 are still reading a printed newspaper as part of their news diet. Alongside digital, there's enormous penetration and appetite for news. "What we're all working to achieve are sustainable models that ensure that we're able to keep covering the news that New Zealanders want. Working out the appropriate cost base is an ongoing part of that - and we're committed to covering New Zealand regions." Does she reckon local councils complaining about closures are obliged to spend money on them to keep them going? "It's not so much 'sending money our way'. It's paying for the things that they value. A mayor at a function in the last few days told me how much he valued the local newsroom we had in his community. I said to him: 'Are you a subscriber?' And he said no. "I said to him it would be really valuable if he did subscribe, because that's the support that we need to continue operating in communities like yours" Stuff has Local Democracy Reporting journalists in Marlborough and in Wairarapa. Does Stuff back the expansion LGNZ had called for? "I don't think the LDR service is the entire answer. It has been really useful for some communities, but ultimately we want to ensure that we are not reliant on government support," Norris said. "Their content is available for all media to use ... but the LDR scheme is specifically for local democracy coverage. An LDR reporter in a small newsroom can't cover topics beyond their local council. "Our preference is that we have a regulatory environment that supports a strong and thriving media ecosystem. We are fiercely advocating for the Fair Digital News Bargaining legislation , which would mean that we were able to negotiate with the global tech platforms for fair payment for the content that they use."BEIJING , Dec. 6, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, today announced that it has entered into a Standby Equity Purchase Agreement (the "SEPA"), with YA II PN, Ltd. ("YA"), a fund managed by Yorkville Advisors Global, LP. Subject to the terms and conditions set forth in the the SEPA, YA is committed to purchase up to $50 million (the "Commitment Amount") of the Company's Class A Ordinary Shares (the "Shares") at any time during the two-year period following the execution date of the SEPA, by delivering written notice to YA (an "Advance Notice"). Pursuant to the SEPA, YA will advance to the Company, subject to the satisfaction of certain conditions as set forth therein, the principal amount of up to $15 million (the "Pre-Paid Advance"), which will be evidenced by convertible promissory notes (the "Promissory Notes", together with the "SEPA", the "Offering") in four tranches. The first Pre-Advance, in the principal amount of $3,000,000 , was advanced December 6, 2024 in connection with the execution of the SEPA, and is subject to a 10% discount to the principal amount of such Promissory Note. If there is no balance outstanding under the Promissory Notes, the Company will have sole discretion to sell the Shares to YA from time to time by issuing Advance Notices to YA following the effectiveness of a registration statement with the U.S. Securities and Exchange Commission registering the Shares issuable pursuant to the SEPA and the satisfaction of other customary conditions. The Company intends to use the proceeds from the offering of the Shares pursuant to the SEPA for working capital and other general corporate purposes. The Company and the Investor have entered into a registration rights agreement on the date hereof (the "Registration Rights Agreement"), pursuant to which the Company shall register the resale of the Shares issuable pursuant to the SEPA. The foregoing does not purport to be a complete description of the rights and obligations of the parties to the SEPA, the Promissory Notes, the Registration Rights Agreement, or of the transactions contemplated thereby and is qualified in its entirety by reference to such documents, the copies of which have been filed as exhibits to the Company's Current Report on Form 6-K on December 6, 2024 . D. Boral Capital LLC acted as the exclusive placement agent for the Offering. About Baijiayun Group Ltd Baijiayun is a one-stop AI video solution provider with core expertise in SaaS/PaaS solutions. Baijiayun is committed to delivering reliable, high-quality video experiences across devices and localities and has grown rapidly since its inception in 2017. Premised on its industry-leading video-centric technologies, Baijiayun offers a wealth of video-centric technology solutions, including Video SaaS/PaaS, Video Cloud and Software, and Video AI and System Solutions. Baijiayun caters to the evolving communications and collaboration needs of enterprises of all sizes and industries. For more information, please visit ir.baijiayun.com . Safe Harbor Statement This press release contains certain "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 parties' perspectives and expectations, are forward-looking statements. The words "will," "expect," "believe," "estimate," "intend," and "plan" and similar expressions indicate forward-looking statements. Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management's current expectations and include known and unknown risks, uncertainties, and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. The forward-looking information provided herein represents the Company's estimates as of the date of this press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. A further list and description of risks and uncertainties can be found in the documents the Company has filed or furnished or may file or furnish with the U.S. Securities and Exchange Commission, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation. For investor and media enquiries, please contact: Company Contact: Ms. Fangfei Liu Chief Financial Officer, Baijiayun Group Ltd Phone: +86 25 8222 1596 Email: ir@baijiayun.com View original content: https://www.prnewswire.com/news-releases/baijiayun-announces-up-to-15-million-convertible-promissory-notes-and-50-million-standby-equity-purchase-agreement-302325234.html SOURCE Baijiayun Group Ltd

Croatia's President Zoran Milanovic will face conservative rival Dragan Primorac in an election run-off in two weeks' time after the incumbent narrowly missed out an outright victory on Sunday, official results showed. The results came after an exit poll, released immediately after the polling stations closed, showed that Milanovic, backed by the opposition left-wing Social Democrats, had scooped more than 50 percent of the first round vote and would thus avoid the January 12 run-off. Milanovic won 49.11 percent of the first round vote and Primorac, backed by the ruling conservative HDZ party, took 19.37 percent, according to results released by the state electoral commission from nearly all of the polling stations. Such a strong lead for Milanovic, whom surveys labelled a favourite ahead of the vote, raises serious concerns for Prime Minister Andrej Plenkovic's HDZ. The election comes as the European Union and NATO member country of 3.8 million people struggles with biting inflation, widespread corruption and a labour shortage. Among the eight contenders, centre-right MP Marija Selak Raspudic and green-left MP Ivana Kekin followed the two main rivals, the exit poll showed. They each won around nine percent of the vote. Croatia's president commands the country's armed forces and has a say in foreign policy. But despite limited powers, many believe the office is key for the political balance of power in a country mainly governed by the HDZ since independence in 1991. "All the eggs should not be in one basket," Nenad Horvat, a salesman in his 40s, told AFP. He sees Milanovic, a former leftist prime minister, as the "last barrier to all levers of power falling into the hands of HDZ", echoing the view of many that was reflected in Sunday's vote results. The 58-year-old Milanovic has been one of Croatia's leading and most colourful political figures for nearly two decades. Sharp and eloquent, he won the presidency for the Social Democrats (SDP) in 2020 with pledges to advocate tolerance and liberalism. But he used the office to attack political opponents and EU officials, often with offensive and populist rhetoric. Milanovic, who condemned Russia's aggression against Ukraine, has nonetheless criticised the West's military aid to Kyiv. That prompted the prime minister to label him a pro-Russian who is "destroying Croatia's credibility in NATO and the EU". Milanovic countered that he wanted to protect Croatia from being "dragged into war". "As long as I'm president no Croatian soldier will wage somebody else's wars," he said this month. Milanovic regularly pans Plenkovic and his HDZ party over systemic corruption, calling the premier a "serious threat to Croatia's democracy". "I'm a guarantee of the control of the octopus of corruption... headed by Andrej Plenkovic," he said during the campaign. For many, the election is a continuation of the longstanding feud between two powerful politicians. "This is still about the conflict between the prime minister and president," political analyst Zarko Puhovski told AFP. "All the rest are just incidental topics." Primorac, a 59-year-old physician and scientist returning to politics after 15 years, campaigned as a "unifier" promoting family values and patriotism. "Croatia needs unity, global positioning and a peaceful life," he told reporters after casting his ballot in Zagreb, adding that he would later attend a mass. Primorac repeatedly accused Milanovic of "disgracing Croatia", a claim that resonated with his supporters. ljv/bcHuzeye Snapalette PrintCam Reviews (Hidden Details) Read Before Buying