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SANTA CLARA, Calif. , Dec. 3, 2024 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial results for its third quarter fiscal year 2025 ended November 3, 2024. "Pure Storage has achieved another industry first in our journey of data storage innovation with a transformational design win for our DirectFlash technology in a top-four hyperscaler," said Pure Storage Chairman and CEO Charles Giancarlo . "This win is the vanguard for Pure Flash technology to become the standard for all hyperscaler online storage, providing unparalleled performance and scalability while also reducing operating costs and power consumption." Third Quarter Financial Highlights Revenue $831.1 million , an increase of 9% year-over-year Subscription services revenue $376.4 million , up 22% year-over-year Subscription annual recurring revenue (ARR) $1.6 billion , up 22% year-over-year Remaining performance obligations (RPO) $2.4 billion , up 16% year-over-year GAAP gross margin 70.1%; non-GAAP gross margin 71.9% GAAP operating income $59.7 million ; non-GAAP operating income $167.3 million GAAP operating margin 7.2%; non-GAAP operating margin 20.1% Q3 operating cash flow $97.0 million ; free cash flow $35.2 million Total cash, cash equivalents, and marketable securities $1.6 billion Returned approximately $182 million in the third quarter to stockholders through share repurchases of 3.6 million shares "Our third quarter results exceeded our expectations on revenue and operating income, demonstrating the sustaining strength of our business models," said Kevan Krysler , Pure Storage CFO. "We remain focused on driving both near-term results and long-term value creation through disciplined investments and innovation that position Pure as the leader in transforming the data storage landscape." Third Quarter Company Highlights Leading the Hyperscale Opportunity: With its industry-first design win with a top-four hyperscaler, Pure Storage is extending its DirectFlash ® technology into massive scale environments today dominated by hard disks. The unmatched capabilities of Pure's DirectFlash ® technology deliver new levels of innovation, performance, and scalability to an industry with demanding requirements, enabling hyperscalers to fully modernize their infrastructure, significantly improve operational efficiency, and dramatically free up scarce electrical power. Pure Storage also deepened its collaboration with Kioxia, a global leader of NAND Flash technology, to develop cutting-edge technology and manufacturing capacity to address the growing need for high-performance, scalable storage infrastructure for tomorrow's hyperscale environments. Advancing Enterprise AI: Pure Storage expanded its ability to serve the world's largest AI training environments with recent certification of FlashBlade//S500 with NVIDIA DGX SuperPOD, which optimizes performance, power, and space efficiency. Pure also entered into a strategic partnership with CoreWeave to better serve AI customers by making Pure Storage available as a standard option within the CoreWeave dedicated cloud environment. With its introduction of the new Pure Storage GenAI Pod, Pure Storage is providing a set of full-stack solutions which reduce the time, cost, and expertise required to deploy generative AI projects. Delivering Platform Innovation: With the Pure Storage platform, Pure is driving the biggest shift in enterprise storage since Flash. Pure Storage will be delivering v2.0 of Pure Fusion TM in its fourth quarter, which will enable customers to create their own enterprise data cloud, opening their data storage environment like the hyperscalers operate theirs. During the quarter Pure Storage unveiled solutions enabling seamless VMware migrations to Microsoft Azure, delivering enterprise-scale flexibility. And the new Pure Storage FlashArray TM with AWS Outposts brings together Amazon Web Services and Pure's enterprise-grade storage on AWS Outposts, giving customers the flexibility to run cloud services on an enterprise-grade storage platform within their own data centers. Industry Recognition and Accolades Leader for Fifth Consecutive Year in the 2024 Gartner ® Magic Quadrant TM for Primary Storage Platforms Leader for Fourth Consecutive Year in the 2024 Gartner ® Magic Quadrant TM for File and Object Storage Platforms Forbes Most Trusted Companies in America 2025 (Ranked #144) Fortune Best Places to Work in Technology 2024 (Ranked #14) Fourth Quarter and FY25 Guidance These statements are forward-looking and actual results may differ materially. Refer to the Forward Looking Statements section below for information on the factors that could cause our actual results to differ materially from these statements. Pure has not reconciled its guidance for non-GAAP operating income and non-GAAP operating margin to their most directly comparable GAAP measures because certain items that impact these measures are not within Pure's control and/or cannot be reasonably predicted. Accordingly, reconciliations of these non-GAAP financial measures guidance to the corresponding GAAP measures are not available without unreasonable effort. Conference Call Information Pure will host a teleconference to discuss the third quarter fiscal 2025 results at 2:00 pm PT today, December 3, 2024. A live audio broadcast of the conference call will be available on the Pure Storage Investor Relations website . Pure will also post its earnings presentation and prepared remarks to this website concurrent with this release. A replay will be available following the call on the Pure Storage Investor Relations website or for two weeks at 1-800-770-2030 (or 1-647-362-9199 for international callers) with passcode 5667482. Additionally, Pure is scheduled to participate at the following investor conferences: Wells Fargo 8th Annual TMT Summit Date: Wednesday, December 4, 2024 Time: 1:30 p.m. PT / 4:30 p.m. ET Chief Technology Officer Rob Lee 27th Annual Needham Growth Conference Date: Thursday, January 16, 2025 Time: 9:45 a.m. PT / 12:45 p.m. ET Founder & Chief Visionary Officer John "Co z" Colgrove Chief Financial Officer Kevan Krysler The presentations will be webcast live and archived on Pure's Investor Relations website at investor.purestorage.com . ---- About Pure Storage Pure Storage (NYSE: PSTG) delivers the industry's most advanced data storage platform to store, manage, and protect the world's data at any scale. With Pure Storage, organizations have ultimate simplicity and flexibility, saving time, money, and energy. From AI to archive, Pure Storage delivers a cloud experience with one unified Storage as-a-Service platform across on premises, cloud, and hosted environments. Our platform is built on our Evergreen architecture that evolves with your business – always getting newer and better with zero planned downtime, guaranteed. Our customers are actively increasing their capacity and processing power while significantly reducing their carbon and energy footprint. It's easy to fall in love with Pure Storage, as evidenced by the highest Net Promoter Score in the industry. For more information, visit www.purestorage.com . Connect with Pure Blog LinkedIn Twitter Facebook Pure Storage, the Pure P Logo, Portworx, and the marks on the Pure Storage Trademark List are trademarks or registered trademarks of Pure Storage Inc. in the U.S. and/or other countries. The Trademark List can be found at purestorage.com/trademarks . Other names may be trademarks of their respective owners. Forward Looking Statements This press release contains forward-looking statements regarding our products, business and operations, including but not limited to our views relating to our opportunity with hyperscale and AI environments, our ability to meet hyperscalers' performance and price requirements, our ability to meet the needs of hyperscalers for the entire spectrum of their online storage use cases, the timing and magnitude of large orders, including sales to hyperscalers, the timing and amount of revenue from hyperscaler licensing and support services, future period financial and business results, demand for our products and subscription services, including Evergreen//One, the relative sales mix between our subscription and consumption offerings and traditional capital expenditure sales, our technology and product strategy, specifically customer priorities around sustainability, the environmental and energy saving benefits to our customers of using our products, our ability to perform during current macro conditions and expand market share, our sustainability goals and benefits, the impact of inflation, economic or supply chain disruptions, our expectations regarding our product and technology differentiation, new customer acquisition, and other statements regarding our products, business, operations and results. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the caption "Risk Factors" and elsewhere in our filings and reports with the U.S. Securities and Exchange Commission, which are available on our Investor Relations website at investor.purestorage.com and on the SEC website at www.sec.gov . Additional information is also set forth in our Annual Report on Form 10-K for the year ended February 4, 2024. All information provided in this release and in the attachments is as of December 3, 2024, and Pure undertakes no duty to update this information unless required by law. Key Performance Metric Subscription ARR is a key business metric that refers to total annualized contract value of all active subscription agreements on the last day of the quarter, plus on-demand revenue for the quarter multiplied by four. Non-GAAP Financial Measures To supplement our unaudited condensed consolidated financial statements, which are prepared and presented in accordance with GAAP, Pure uses the following non-GAAP financial measures: non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating income (loss), non-GAAP operating margin, non-GAAP net income (loss), non-GAAP net income (loss) per share, and free cash flow. We use these non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. Our management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance and liquidity by excluding certain expenses such as stock-based compensation expense, payments to former shareholders of acquired companies, payroll tax expense related to stock-based activities, amortization of debt issuance costs related to debt, and amortization of intangible assets acquired from acquisitions that may not be indicative of our ongoing core business operating results. Pure believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when analyzing historical performance and liquidity and planning, forecasting, and analyzing future periods. The presentation of these non-GAAP financial measures is not meant to be considered in isolation or as a substitute for our financial results prepared in accordance with GAAP, and our non-GAAP measures may be different from non-GAAP measures used by other companies. For a reconciliation of these non-GAAP financial measures to GAAP measures, please see the tables captioned "Reconciliations of non-GAAP results of operations to the nearest comparable GAAP measures" and "Reconciliation from net cash provided by operating activities to free cash flow," included at the end of this release.Key details to know about the arrest of a suspect in the killing of UnitedHealthcare's CEOOnly about 2 in 10 Americans approve of Biden's pardon of his son Hunter, poll finds

Share Tweet Share Share Email Anderson Asset Management (AAM), a globally recognized asset management firm, has officially announced the establishment of a branch in Brazil. Founded in 2021, AAM has quickly built an impressive reputation on the international stage with its high-quality asset management services and extensive global business network. This expansion into Brazil aims to open new investment opportunities for global investors while injecting foreign capital dynamism into Brazil’s financial market. As Latin America’s largest economy, Brazil is rich in natural resources and holds significant potential in its financial markets, attracting growing interest from international investors. AAM sees a promising future in Brazil, especially as global financial and capital markets continue to integrate. Expanding into Brazil marks an important step in the company’s global growth strategy. AAM founder Dalton Anderson expresses strong confidence in the firm’s strategic positioning in Brazil. He noted that AAM’s global investment network and diverse portfolio offerings will bring positive changes to the Brazilian market while enabling clients to better capitalize on the opportunities within this emerging market. Dalton Anderson, who holds an MBA from Harvard Business School and a Bachelor’s degree in Finance and Accounting from Georgetown University, is a former senior partner at a renowned investment bank with over 30 years of investment experience and profound insights into global capital markets. Under his leadership, the AAM team boasts expertise across various financial sectors, particularly in cryptocurrency and equity investments, providing comprehensive asset management and financial solutions to global investors. In addition to its extensive market experience, the AAM team is committed to localized strategies aimed at helping Brazilian investors and beginners understand foundational financial knowledge and investment techniques, thereby enhancing their understanding of global market dynamics. AAM also plans to host regular in-person investment courses and seminars in Brazil to broaden financial literacy, support skill development, and contribute to the growth of Brazil’s economic landscape. Furthermore, AAM’s global network and market insights will provide Brazilian investors with unprecedented resources and opportunities. The company has established deep partnerships with multiple internationally renowned financial institutions and will leverage these relationships to introduce a broader array of international capital and project resources to the Brazilian market. According to data, over 40% of trading funds in Brazil’s stock market in 2024 are from foreign investors, and AAM’s entry is poised to further increase this figure, injecting new liquidity and vitality into the Brazilian market. As Brazil’s economy gradually recovers, AAM’s presence will offer Brazilian investors access to a wider range of international financial products and personalized services, helping them diversify their portfolios. Looking ahead, AAM intends to deepen its presence in Brazil and expand this development model to other emerging markets, offering global investors superior services and fresh market opportunities. Contact: Anderson Asset Management https://daltonanderson.com Brasília, Brazil Related Items: Anderson Asset Management Expands into Brazil , Opening New Avenues for Global Investors Share Tweet Share Share Email CommentsNo. 23 Texas A&M aims to hand Oregon first loss at Players Era

SANTA CLARA, Calif. , Dec. 3, 2024 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial results for its third quarter fiscal year 2025 ended November 3, 2024. "Pure Storage has achieved another industry first in our journey of data storage innovation with a transformational design win for our DirectFlash technology in a top-four hyperscaler," said Pure Storage Chairman and CEO Charles Giancarlo . "This win is the vanguard for Pure Flash technology to become the standard for all hyperscaler online storage, providing unparalleled performance and scalability while also reducing operating costs and power consumption." Third Quarter Financial Highlights Revenue $831.1 million , an increase of 9% year-over-year Subscription services revenue $376.4 million , up 22% year-over-year Subscription annual recurring revenue (ARR) $1.6 billion , up 22% year-over-year Remaining performance obligations (RPO) $2.4 billion , up 16% year-over-year GAAP gross margin 70.1%; non-GAAP gross margin 71.9% GAAP operating income $59.7 million ; non-GAAP operating income $167.3 million GAAP operating margin 7.2%; non-GAAP operating margin 20.1% Q3 operating cash flow $97.0 million ; free cash flow $35.2 million Total cash, cash equivalents, and marketable securities $1.6 billion Returned approximately $182 million in the third quarter to stockholders through share repurchases of 3.6 million shares "Our third quarter results exceeded our expectations on revenue and operating income, demonstrating the sustaining strength of our business models," said Kevan Krysler , Pure Storage CFO. "We remain focused on driving both near-term results and long-term value creation through disciplined investments and innovation that position Pure as the leader in transforming the data storage landscape." Third Quarter Company Highlights Leading the Hyperscale Opportunity: With its industry-first design win with a top-four hyperscaler, Pure Storage is extending its DirectFlash ® technology into massive scale environments today dominated by hard disks. The unmatched capabilities of Pure's DirectFlash ® technology deliver new levels of innovation, performance, and scalability to an industry with demanding requirements, enabling hyperscalers to fully modernize their infrastructure, significantly improve operational efficiency, and dramatically free up scarce electrical power. Pure Storage also deepened its collaboration with Kioxia, a global leader of NAND Flash technology, to develop cutting-edge technology and manufacturing capacity to address the growing need for high-performance, scalable storage infrastructure for tomorrow's hyperscale environments. Advancing Enterprise AI: Pure Storage expanded its ability to serve the world's largest AI training environments with recent certification of FlashBlade//S500 with NVIDIA DGX SuperPOD, which optimizes performance, power, and space efficiency. Pure also entered into a strategic partnership with CoreWeave to better serve AI customers by making Pure Storage available as a standard option within the CoreWeave dedicated cloud environment. With its introduction of the new Pure Storage GenAI Pod, Pure Storage is providing a set of full-stack solutions which reduce the time, cost, and expertise required to deploy generative AI projects. Delivering Platform Innovation: With the Pure Storage platform, Pure is driving the biggest shift in enterprise storage since Flash. Pure Storage will be delivering v2.0 of Pure Fusion TM in its fourth quarter, which will enable customers to create their own enterprise data cloud, opening their data storage environment like the hyperscalers operate theirs. During the quarter Pure Storage unveiled solutions enabling seamless VMware migrations to Microsoft Azure, delivering enterprise-scale flexibility. And the new Pure Storage FlashArray TM with AWS Outposts brings together Amazon Web Services and Pure's enterprise-grade storage on AWS Outposts, giving customers the flexibility to run cloud services on an enterprise-grade storage platform within their own data centers. Industry Recognition and Accolades Leader for Fifth Consecutive Year in the 2024 Gartner ® Magic Quadrant TM for Primary Storage Platforms Leader for Fourth Consecutive Year in the 2024 Gartner ® Magic Quadrant TM for File and Object Storage Platforms Forbes Most Trusted Companies in America 2025 (Ranked #144) Fortune Best Places to Work in Technology 2024 (Ranked #14) Fourth Quarter and FY25 Guidance These statements are forward-looking and actual results may differ materially. Refer to the Forward Looking Statements section below for information on the factors that could cause our actual results to differ materially from these statements. Pure has not reconciled its guidance for non-GAAP operating income and non-GAAP operating margin to their most directly comparable GAAP measures because certain items that impact these measures are not within Pure's control and/or cannot be reasonably predicted. Accordingly, reconciliations of these non-GAAP financial measures guidance to the corresponding GAAP measures are not available without unreasonable effort. Conference Call Information Pure will host a teleconference to discuss the third quarter fiscal 2025 results at 2:00 pm PT today, December 3, 2024. A live audio broadcast of the conference call will be available on the Pure Storage Investor Relations website . Pure will also post its earnings presentation and prepared remarks to this website concurrent with this release. A replay will be available following the call on the Pure Storage Investor Relations website or for two weeks at 1-800-770-2030 (or 1-647-362-9199 for international callers) with passcode 5667482. Additionally, Pure is scheduled to participate at the following investor conferences: Wells Fargo 8th Annual TMT Summit Date: Wednesday, December 4, 2024 Time: 1:30 p.m. PT / 4:30 p.m. ET Chief Technology Officer Rob Lee 27th Annual Needham Growth Conference Date: Thursday, January 16, 2025 Time: 9:45 a.m. PT / 12:45 p.m. ET Founder & Chief Visionary Officer John "Co z" Colgrove Chief Financial Officer Kevan Krysler The presentations will be webcast live and archived on Pure's Investor Relations website at investor.purestorage.com . ---- About Pure Storage Pure Storage (NYSE: PSTG) delivers the industry's most advanced data storage platform to store, manage, and protect the world's data at any scale. With Pure Storage, organizations have ultimate simplicity and flexibility, saving time, money, and energy. From AI to archive, Pure Storage delivers a cloud experience with one unified Storage as-a-Service platform across on premises, cloud, and hosted environments. Our platform is built on our Evergreen architecture that evolves with your business – always getting newer and better with zero planned downtime, guaranteed. Our customers are actively increasing their capacity and processing power while significantly reducing their carbon and energy footprint. It's easy to fall in love with Pure Storage, as evidenced by the highest Net Promoter Score in the industry. For more information, visit www.purestorage.com . Connect with Pure Blog LinkedIn Twitter Facebook Pure Storage, the Pure P Logo, Portworx, and the marks on the Pure Storage Trademark List are trademarks or registered trademarks of Pure Storage Inc. in the U.S. and/or other countries. The Trademark List can be found at purestorage.com/trademarks . Other names may be trademarks of their respective owners. Forward Looking Statements This press release contains forward-looking statements regarding our products, business and operations, including but not limited to our views relating to our opportunity with hyperscale and AI environments, our ability to meet hyperscalers' performance and price requirements, our ability to meet the needs of hyperscalers for the entire spectrum of their online storage use cases, the timing and magnitude of large orders, including sales to hyperscalers, the timing and amount of revenue from hyperscaler licensing and support services, future period financial and business results, demand for our products and subscription services, including Evergreen//One, the relative sales mix between our subscription and consumption offerings and traditional capital expenditure sales, our technology and product strategy, specifically customer priorities around sustainability, the environmental and energy saving benefits to our customers of using our products, our ability to perform during current macro conditions and expand market share, our sustainability goals and benefits, the impact of inflation, economic or supply chain disruptions, our expectations regarding our product and technology differentiation, new customer acquisition, and other statements regarding our products, business, operations and results. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the caption "Risk Factors" and elsewhere in our filings and reports with the U.S. Securities and Exchange Commission, which are available on our Investor Relations website at investor.purestorage.com and on the SEC website at www.sec.gov . Additional information is also set forth in our Annual Report on Form 10-K for the year ended February 4, 2024. All information provided in this release and in the attachments is as of December 3, 2024, and Pure undertakes no duty to update this information unless required by law. Key Performance Metric Subscription ARR is a key business metric that refers to total annualized contract value of all active subscription agreements on the last day of the quarter, plus on-demand revenue for the quarter multiplied by four. Non-GAAP Financial Measures To supplement our unaudited condensed consolidated financial statements, which are prepared and presented in accordance with GAAP, Pure uses the following non-GAAP financial measures: non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating income (loss), non-GAAP operating margin, non-GAAP net income (loss), non-GAAP net income (loss) per share, and free cash flow. We use these non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. Our management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance and liquidity by excluding certain expenses such as stock-based compensation expense, payments to former shareholders of acquired companies, payroll tax expense related to stock-based activities, amortization of debt issuance costs related to debt, and amortization of intangible assets acquired from acquisitions that may not be indicative of our ongoing core business operating results. Pure believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when analyzing historical performance and liquidity and planning, forecasting, and analyzing future periods. The presentation of these non-GAAP financial measures is not meant to be considered in isolation or as a substitute for our financial results prepared in accordance with GAAP, and our non-GAAP measures may be different from non-GAAP measures used by other companies. For a reconciliation of these non-GAAP financial measures to GAAP measures, please see the tables captioned "Reconciliations of non-GAAP results of operations to the nearest comparable GAAP measures" and "Reconciliation from net cash provided by operating activities to free cash flow," included at the end of this release.

Former model had 12 alcoholic drinks before crash that caused death of woman, court told

Share Tweet Share Share Email In today’s financial landscape, technology is a fundamental pillar of growth. The rapid advancement of financial technologies has opened up new pathways to wealth and opportunity. By harnessing the power of innovative platforms and tools, individuals and businesses can optimize their financial strategies like never before. From automated investing solutions to blockchain technologies that enhance transparency and security, the potential is vast. Business and finance professional, Joseph Heimann of NJ explores these financial advancements, highlighting their impact and how they can be leveraged to drive your financial growth. Understanding Financial Technology (FinTech) In the ever-evolving financial sector, FinTech stands as a beacon of innovation. It merges technology with financial services, redefining how we manage and relate to money. FinTech encompasses several key components that have reshaped the financial services industry. Digital payments like mobile wallets and contactless transactions are making cash seem like a relic of the past. Robo-advisors offer automated, algorithm-driven financial planning with minimal human supervision, allowing users to invest with ease and precision. Blockchain technology provides secure, transparent transactions and is set to revolutionize everything from banking to voting systems. Peer-to-peer lending platforms bypass traditional banks, directly connecting borrowers with lenders, often offering better interest rates. The impact of FinTech on traditional banking cannot be overstated. Banks have been forced to adapt or risk obsolescence. They’re enhancing customer experiences by offering digital solutions like online banking and mobile apps. FinTech enables 24/7 access to financial services, making geographical boundaries and time constraints almost irrelevant. “Traditional banks are also integrating FinTech solutions to offer personalized services, leveraging customer data with consent to tailor financial products,” says Joseph Heimann NJ . “The collaboration between old and new is reshaping the banking sector, making it more agile and adaptive.” Innovative Tools for Financial Management The financial sector is rapidly adopting new technologies, revolutionizing how we manage money. These innovations are making financial management, including managing budgets, more efficient and insightful. Tools like QuickBooks and Mint simplify managing budgets and account management. QuickBooks offers small businesses powerful features, from invoicing to payroll, while Mint centralizes personal finances, helping users track spending, set budgets, and get alerts on risky financial habits. These tools provide clarity and guide businesses and individuals toward financial stability and growth. Investing has become more accessible with platforms like Robinhood and Betterment. Robinhood removes commission fees and offers an easy-to-use app for stock investing, while Betterment uses algorithms to create personalized investment strategies. These platforms open the door to wealth-building opportunities once reserved for the affluent. Expense tracking is crucial for financial health, and Expensify makes it easy. This app scans receipts, tracks mileage, and generates reports, reducing errors for businesses and providing clarity for individuals on their spending. These financial tools simplify complexities, turning data into actionable insights for smarter financial decisions. The Role of Data Analytics in Financial Growth Data analytics is a crucial driver of financial growth, turning vast amounts of data into actionable insights. By interpreting this data, businesses can identify patterns, predict outcomes, and optimize strategies to gain economic advantages. Predictive analytics is key in shaping investment strategies. It uses historical data and algorithms to forecast future trends, providing investors with insights into market movements, stock performance, and economic shifts. This allows them to capitalize on opportunities and reduce risks. Data analytics also supports asset allocation and risk management. Notes Heimann, “By recognizing patterns, investors can adjust portfolios to maximize returns while minimizing exposure to volatility.” Machine learning algorithms help assess investment opportunities, ensuring dollars are placed strategically for growth. Customer behavior analysis is essential for financial growth. Data offers insights into consumer preferences, purchasing habits, and feedback, enabling businesses to refine their offerings. This leads to personalized products and services that boost customer satisfaction and loyalty. Retailers track shopping trends to target promotions effectively, while financial institutions use data to create tailored banking solutions. Through customer insights, businesses can refine strategies, improve experiences, and drive success. Cybersecurity in Financial Technology Protecting sensitive data and securing transactions is a vital responsibility as financial services move to digital platforms. With the rise of cyber threats, implementing strong security measures is critical. The financial technology sector faces a range of evolving threats. Phishing is a major risk, where cybercriminals use deceptive emails and websites to trick users into revealing personal information, such as passwords and credit card numbers. Malware, including ransomware, can infiltrate systems through seemingly harmless downloads or email attachments, causing damage or stealing data. Ransomware locks users out of their systems until a ransom is paid, often crippling businesses. Data breaches are another significant threat, with unauthorized access to confidential information leading to financial loss and reputational damage. For FinTech businesses, a breach can result in losing customer trust overnight. To mitigate these risks, FinTech companies need comprehensive security strategies. Strong authentication protocols, such as multifactor authentication, add layers of security by requiring more than just a password. Regular software updates are essential to patch vulnerabilities and prevent unauthorized access. Employee training is also critical. One click on a malicious link can compromise a system. Regular training and simulated attacks can help staff recognize phishing and other scams, strengthening the overall defense. Finally, a response plan is crucial. Despite the best security measures, breaches can occur. A well-defined plan allows for quick, effective action to contain and mitigate damage. Preparing in advance is key to handling incidents when they arise. Future Trends in Financial Technology Financial technology is evolving rapidly, reshaping the entire finance sector. Beyond new apps and software, innovations are transforming financial services on a deeper level. Artificial Intelligence (AI) and Machine Learning (ML) are at the forefront of this change. AI enhances personalization in banking, predicts consumer behavior, and improves decision-making. Machine Learning, a subset of AI, refines predictions and identifies patterns by continuously analyzing data. It automates complex tasks like fraud detection and risk management, identifying threats before they materialize. Cryptocurrency and blockchain are driving a significant shift in financial transactions. Cryptocurrencies like Bitcoin and Ethereum operate on decentralized networks, offering transparency and security. “These cryptocurrencies provide an alternative to traditional banking, bypassing intermediaries in investment and currency exchange,” says Heimann. Blockchain, the technology behind cryptocurrencies, is revolutionizing data storage and sharing. Its ability to create secure, unalterable records has wide-ranging applications. In financial transactions, blockchain guarantees that every step is visible and verifiable, minimizing trust issues and reducing reliance on third-party verifications. As blockchain matures, smart contracts will further streamline processes. These self-executing agreements, embedded with conditions in code, automatically enforce transactions, eliminating the need for intermediaries. Advancements like AI, ML, cryptocurrency, and blockchain are shaping the future, creating smarter, more secure, and accessible financial systems. Financial technology is not just improving efficiency but democratizing wealth-building opportunities for individuals and businesses alike. Related Items: financial management , fintech , Joseph Heimann NJ Share Tweet Share Share Email Recommended for you Why Customer Data Security is a Non-Negotiable in Fintech Invoice and Expense Management: Tech-Driven Approaches to Efficiency The Rise of Fintech Unicorns: Investing in the Future of Financial TechnologyUndefeated Oregon and No. 23 Texas A&M will collide Tuesday afternoon in Las Vegas in the second game of the new Players Era Festival. Both teams are in the "Power" group of the eight-team event. All eight teams are receiving $1 million for their name, image and likeness (NIL) collectives, but placing fourth or higher in the tourney in order will net them anywhere from $1.1 million to $1.5 million. The Aggies (4-1) opened the season with a three-point loss at UCF, but since then have won four straight, all in convincing fashion. Texas A&M upset then-No. 21 Ohio State 78-64 on Nov. 15 at home in College Station, Texas. Then the Aggies crushed Southern 71-54 last Wednesday, when Wade Taylor IV led the way with 17 points and six assists. All of Texas A&M's wins have been by double digits. The Aggies and Ducks (5-0) have split the two previous meetings against each other. Until March 2022 in an NIT second-round game, they had not met since the 1970-71 season. Texas A&M tied the overall series with a 75-60 win at home in 2022. The only player on the Ducks' current roster who played in that game was 7-foot senior Nate Bittle, who has been one of Oregon's best players so far this season. Bittle's 16.2 points and 10.2 rebounds per game lead the Ducks so far this season, and the big man also averages two blocked shots per game. Texas A&M guard Zhuric Phelps, a transfer from SMU, leads the Aggies in scoring at 16 points per game. Taylor adds 14 points per game. The Aggies could be the best defensive team the Ducks will have seen this season. A&M is allowing teams to shoot only 36.6 percent in games. Head coach Buzz Williams and his staff are hoping the team gets better at taking charges on defense, as the Aggies have just one so far this season. "I guess the thing that you work on most is verticality around the rim," Texas A&M assistant coach Steve Roccaforte told KBTX television. "‘Hey, once you get there, if you try and take a charge, it's going to be a block. Just jump as high as you can, stay vertical, try to go chest-to-chest. Make it a hard shot.'" Oregon is coming off a 78-75 win at Oregon State, the Ducks' first road game of the season. The Ducks trailed by 10 points at halftime but, as they have in several games this season, they found a rhythm on offense in the second half and came up with a comeback win. Bittle's 23 points and 14 rebounds led the way. Jackson Shelstad had 15 points and Jadrian Tracey and Keeshawn Barthelemy both added 10. "We started rebounding the ball a little better. Nate really got it going inside and our guys got him the ball," Oregon head coach Dana Altman told the school's athletics website. "He had a heck of a game." --Field Level Media

There is more NBA Cup action taking place on Friday, Nov. 22 and among the eight games taking place, there is one involving the New Orleans Pelicans welcoming the Golden State Warriors to Smoothie King Center in New Orleans. The game is scheduled to start at 7:30 p.m. EST and will be broadcast on ESPN and ESPN Deportes . Fans looking to watch this NBA game can do so for free by using FuboTV and DirecTV Stream, which both offer a free trial or with SlingTV, which doesn’t offer a free trial but has promotional offers available . The Pelicans are 1-1 in NBA Cup games so far and only 4-11 overall. However, three of those wins have come at home, including their win over the Denver Nuggets last week in an NBA Cup matchup. The Warriors are 11-3 on the season and 2-0 and at the top of the group for the NBA Cup. Who: Golden State Warriors vs. New Orleans Pelicans When: Friday, Nov. 22 at 7:30 p.m. EST Where: Smoothie King Center in New Orleans Stream: FuboTV (free trial) ; Sling ; DirecTV Stream (free trial) Betting: Check out our MA sports betting guide , where you can learn basic terminology, definitions and how to read odds for those interested in learning how to bet in Massachusetts. More College Football What is FuboTV? FuboTV is an internet television service that offers more than 200 channels across sports and entertainment including Paramount+ with SHOWTIME . From the UEFA Champions League to the WNBA to international tournaments ranging across sports, there’s plenty of options available on FuboTV, which offers a free trial, and $20 off the first month for new costumers. What is DirecTV Stream? DirecTV Stream offers practically everything DirecTV provides, except for a remote and a streaming device to connect to your television. Sign up now and get three free months of premium channels including MAX , Paramount+ with SHOWTIME and Starz. What is SlingTV? SlingTV offers a variety of live programing ranging from news and sports and starting as low as $20 a month for your first month. Subscribers also get a month of DVR Plus free if they sign up now. Choose from a variety of sports packages without long-term contracts and with easy cancelation. RELATED CONTENT: Analysis: Some NBA teams know it’s time to shake out of early-season slides — or else By TIM REYNOLDS AP Basketball Writer MIAMI (AP) — Postgame interviews in the NBA typically start about 10 minutes after the final buzzer. Coaches usually speak first, followed by a few players. When a team wins, most people are in a great mood. When a team loses, not so much. That’s the normal routine. Things are not normal for Philadelphia right now. Philadelphia lost in Miami on Monday night, the 76ers wasting an early 19-point lead and falling 106-89. The game ended at 9:51 p.m. It took more than an hour for coach Nick Nurse to emerge for his postgame media session. The reason — a team meeting, because the 76ers had a lot to talk about after falling to 2-11 on the season. “Sorry for the delay,” Nurse said to the half-dozen or so reporters who waited out his arrival. He took questions like normal, then the locker room opened and a few players talked as well. There’s a lot of the season left. The first quarter of the 82-game marathon isn’t even over. It’s not time to start panicking. But some teams, quite frankly, know it’s time for things to get better — Philly atop that list. Since the NBA went to the current 16-team playoff format in 1984, there have been only four teams with losing records after 15 games that made it to the NBA Finals: San Antonio in 1998-99, Detroit in 2004-05, Boston in 2021-22 and Miami in 2022-23. They were all 7-8. That’s bad news for Milwaukee, Philadelphia and Miami — three teams that just haven’t hit anything close to their best stride yet. Injuries are a huge part of that; Khris Middleton hasn’t played yet for Milwaukee, Joel Embiid played Monday night for only the third time this season for the 76ers, and the Heat got Jimmy Butler back after more than a week Monday but were without Terry Rozier and Jaime Jaquez Jr. But the Heat are 6-7, the Bucks are 5-9 and 76ers are 2-11. And that’s not anywhere near what those clubs expected coming into the year, injuries or no. “There’s urgency there, for sure,” Heat coach Erik Spoelstra said. “If you look at in both conferences, there’s urgency throughout the conferences. And I think there’s parity. It brings out great competition. It brings out all these different emotions. You win a game, you feel like everything is great. You lose a game, you feel like the world is coming down. That’s what competition does, particularly when you’re jostling so competitively in the standings where there’s a lot of teams bunched up.” Philadelphia hasn’t scored 100 points in three of its last four games, hasn’t even reached 90 points in either of its last two games. And here’s a weird stat: the 76ers are 2-0 in overtime games this season, 0-11 in games that end after 48 minutes. “Listen, it’s obviously difficult, right? Don’t like the losing, that’s for sure,” Nurse said. “I mean, it doesn’t matter. The games are coming and we’ve got to figure some things out. We’ve got to play better. Got to get our guys on the floor. There’s a lot of things going on. But we’ve got to go out and play and somehow sustain. A lot of these games, there’s lots of very good moments for long, long stretches.” Cleveland and Boston have obviously separated themselves atop the Eastern Conference; the 15-0 Cavaliers visit the 11-3 Celtics in an NBA Cup game on Tuesday night. From there, the rest of the East — from Orlando at 9-6 to Philly in a group at 2-11 — are separated by just six games, with about a million games left to play. Nobody is out of it, certainly not a 76ers team that has Embiid, Tyrese Maxey, Paul George and an NBA champion point guard in Kyle Lowry. “I mean, 2-11 is pretty bad, of course,” Philly’s Jared McCain said. “But it’s still the beginning of the season. Least minutes played as a team together, so I say it all the time: Give us grace. We’ve got to get better.” To be fair, there was nothing that seemed to be shattered in the 76ers' locker room when the team meeting finally ended. No broken whiteboards, no signs of trouble, and many players were cracking jokes. “We had a meeting? I didn’t know,” Embiid said, which was his way of letting reporters know that he wasn’t going to spill the tea on anything that got said behind closed doors. He did concede, however, that he might need to be more aggressive going forward. The 76ers are figuring out how to make all the pieces fit, but Embiid knows they can’t keep going down this path. “We’ve got that record,” Embiid said, “and something needs to be done about it.” The Associated Press contributed to this article

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NETGEAR stock soars to 52-week high, hits $25.07Micro Server IC Market Growth Projections: CAGR Value, and Share Insights for 2024-2031 12-03-2024 09:08 PM CET | IT, New Media & Software Press release from: SkyQuest Technology Micro Server IC Micro Server IC Market Scope: Global Micro Server IC Market size was valued at USD 1.36 billion in 2022 and is poised to grow from USD 1.54 billion in 2023 to USD 4.18 billion by 2031, growing at a CAGR of 13.30% during the forecast period (2024-2031). The study of the global Micro Server IC Market is presented in the report, which is a thoroughly researched presentation of the data. The analysis delves into some of the key facets of the global Micro Server IC Market and shows how drivers like pricing, competition, market dynamics, regional growth, gross margin, and consumption will affect the market's performance. A thorough analysis of the competitive landscape and in-depth company profiles of the top players in the Micro Server IC Market are included in the study. It provides a summary of precise market data, including production, revenue, market value, volume, market share, and growth rate. Request for Sample Copy of this Global Micro Server IC Market: https://www.skyquestt.com/sample-request/micro-server-ic-market The best investment markers are insights into the most prominent market trends, which help potential participants make decisions even easier. The research aims to discover the numerous growth chances that readers may take into consideration and take advantage of using all the necessary information. The market growth over the coming years can be predicted with greater accuracy by carefully examining the important growth-influencing aspects including pricing, production, profit margins, and value chain analyses. Micro Server IC Market Segments: Component Hardware, Software Processor Intel, Arm Application Web hosting & enterprises, Analytics & cloud computing, Edge Computing End user Enterprises (Small Scale Enterprises, Medium Scale Enterprises, Large Scale Enterprises), Data Centers Major Players Covered in Global Micro Server IC Market Report: • Intel Corporation• Advanced Micro Devices, Inc. (AMD)• ARM Holdings (acquired by NVIDIA)• Applied Micro Circuits Corporation (AMCC)• Marvell Technology Group• Broadcom Inc.• Cavium (acquired by Marvell)• Hewlett Packard Enterprise (HPE)• Dell Technologies• Super Micro Computer, Inc.• Quanta Computer Inc.• NVIDIA Corporation• Fujitsu Limited• Cisco Systems, Inc.• NEC Corporation• Samsung Electronics• MediaTek Inc.• Ampere Computing• NXP Semiconductors• Qualcomm Technologies, Inc. View report summary and Table of Contents (TOC): https://www.skyquestt.com/report/micro-server-ic-market Report Inclusions: Market Overview: A product/services overview and the size of the global Micro Server IC Market are included. It provides a summary of the report's segmental analysis. Here, the focus is on the product/service type, application, and regional segments. Revenue and sales market estimates are also included in this chapter. Competition: This section includes information on market conditions and trends, analyzes manufacturers, and provides data on average prices paid by players, revenue and revenue shares of individual market players, sales and sales shares of individual players. Company Profiles: This part of the research provides in-depth, analytical information on the financial and business strategy data of some of the top players in the global Micro Server IC Market. This chapter of the report also covers a number of other specifics, such as product/service descriptions, portfolios, regional reach, and revenue splits. Region-wise Sales Analysis: This portion of the study provides market data along with regional revenue, sales, and market share analysis. Additionally, it offers estimates for each examined regional market's sales and sales growth rate, pricing scheme, revenue, and other factors. North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) The research study can answer the following Key questions: (1) What is the estimated size of the global Micro Server IC Market at the end of the forecast period? (2) Is the segment-leading the global Micro Server IC Market anticipated to retain its leadership? (3) Which regions demonstrate the maximum growth potential? (4) Does any player dominate the global Micro Server IC Market? (5) What are the main drivers and restraints in the global Micro Server IC Market? Want to customize this report? Ask here : https://www.skyquestt.com/speak-with-analyst/micro-server-ic-market Table of Contents Chapter 1 Industry Overview 1.1 Definition 1.2 Assumptions 1.3 Research Scope 1.4 Market Analysis by Regions 1.5 Market Size Analysis from 2024 to 2031 11.6 COVID-19 Outbreak: Micro Server IC Market Industry Impact Chapter 2 Competition by Types, Applications, and Top Regions and Countries 2.1 Market (Volume and Value) by Type 2.3 Market (Volume and Value) by Regions Chapter 3 Production Market Analysis 3.1 Worldwide Production Market Analysis 3.2 Regional Production Market Analysis Chapter 4 Micro Server IC Market Sales, Consumption, Export, Import by Regions Chapter 5 North America Market Analysis Chapter 6 East Asia Market Analysis Chapter 7 Europe Market Analysis Chapter 8 South Asia Market Analysis Chapter 9 Southeast Asia Market Analysis Chapter 10 Middle East Market Analysis Chapter 11 Africa Market Analysis Chapter 12 Oceania Market Analysis Chapter 13 Latin America Market Analysis Chapter 14 Company Profiles and Key Figures in Micro Server IC Market Business Chapter 15 Market Forecast (2024-2031) Chapter 16 Conclusions About Us: SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology. We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific. Contact: Mr. Jagraj Singh Skyquest Technology 1 Apache Way, Westford, Massachusetts 01886 USA (!) 351-333-4748 Visit Our Website: https://www.skyquestt.com/ This release was published on openPR.WASHINGTON — When Elon Musk first suggested a new effort to cut the size of government, Donald Trump didn’t seem to take it seriously. His eventual name for the idea sounded like a joke, too. It would be called the Department of Government Efficiency, or DOGE, a reference to an online meme featuring a surprised-looking dog from Japan. But now that Trump has won the election, Musk’s fantasy is becoming reality, with the potential to spark a constitutional clash over the balance of power in Washington. Trump put Musk, the world’s richest man, and Vivek Ramaswamy, an entrepreneur and former Republican presidential candidate, in charge of the new department, which is really an outside advisory committee that will work with people inside the government to reduce spending and regulations. Last week, Musk and Ramaswamy said they would encourage Trump to make cuts by refusing to spend money allocated by Congress, a process known as impounding. The proposal goes against a 1974 law intended to prevent future presidents from following in the footsteps of Richard Nixon, who held back funding that he didn’t like. “We are prepared for the onslaught from entrenched interests in Washington,” Musk and Ramaswamy wrote in an opinion piece in The Wall Street Journal. “We expect to prevail. Now is the moment for decisive action.” Trump has already suggested taking such a big step, saying last year that he would “use the president’s long-recognized impoundment power to squeeze the bloated federal bureaucracy for massive savings.” It would be a dramatic attempt to expand his powers, when he already will have the benefit of a sympathetic Republican-controlled Congress and a conservative-majority U.S. Supreme Court, and it could swiftly become one of the most closely watched legal fights of his second administration. “He might get away with it,” said William Galston, a senior fellow in governance studies at the Brookings Institution, a Washington-based think tank. “Congress’ power of the purse will turn into an advisory opinion.” Right now, plans for the Department of Government Efficiency are still coming into focus. The nascent organization has put out a call for “super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting.” Applicants are encouraged to submit their resumes through X, the social media company that Musk owns. In the Wall Street Journal, Musk and Ramaswamy provided the most detailed look yet at how they would operate and where they could cut. Some are longtime Republican targets, such as $535 million for the Corporation for Public Broadcasting. Other plans are more ambitious and could reshape the federal government. The two wrote that they would “identify the minimum number of employees required at an agency for it to perform its constitutionally permissible and statutorily mandated functions,” leading to “mass head-count reductions across the federal bureaucracy.” Civil service protections wouldn’t apply, they argue, because they wouldn’t be targeting specific people for political purposes. Some employees could choose “voluntary severance payments to facilitate a graceful exit.” But others would be encouraged to quit by mandating that they show up at the office five days a week, ending pandemic-era flexibility about remote work. The requirement “would result in a wave of voluntary terminations that we welcome.” Everett Kelley, president of the American Federation of Government Employees, said such cutbacks would harm services for Americans who rely on the federal government, and he suggested that Musk and Ramaswamy were in over their heads. “I don’t think they’re even remotely qualified to perform those duties,” he said. “That’s my main concern.” Kelley said his union, which represents 750,000 employees for the federal government and the city of Washington, D.C., was ready to fight attempts to slash the workforce. “We’ve been here, we’ve heard this kind of rhetoric before,” he said. “And we are prepared.” There was no mention in the Wall Street Journal of Musk’s previously stated goal of cutting $2 trillion from the budget, which is nearly a third of total annual spending. Nor did they write about “Schedule F,” a potential plan to reclassify federal employees to make them easier to fire. Ramaswamy once described the idea as the “mass deportation of federal bureaucrats out of Washington, D.C.” However, Musk and Ramaswamy said they would reduce regulations that they describe as excessive. They wrote that their department “will work with legal experts embedded in government agencies, aided by advanced technology,” to review regulations that run counter to two recent Supreme Court decisions that were intended to limit federal rulemaking authority. Musk and Ramaswamy said Trump could “immediately pause the enforcement of those regulations and initiate the process for review and rescission.” Chris Edwards, an expert on budget issues at the Cato Institute, said many Republicans have promised to reduce the size and role of government over the years, often to little effect. Sometimes it feels like every budget item and tax provision, no matter how obscure, has people dedicated to its preservation, turning attempts at cuts into political battles of attrition. “Presidents always seem to have higher priorities,” he said. “A lot of it falls to the wayside.” Although DOGE is scheduled to finish its work by July 4, 2026, Edwards said Musk and Ramaswamy should move faster to capitalize on momentum from Trump’s election victory. “Will it just collect dust on a shelf, or will it be put into effect?” Edwards said. “That all depends on Trump and where he is at that point in time.” Ramaswamy said in an online video that they’re planning regular “Dogecasts” to keep the public updated on their work, which he described as “a once-in-a-generation project” to eliminate “waste, fraud and abuse.” “However bad you think it is, it’s probably worse,” he said. House Republicans are expected to put Rep. Marjorie Taylor Greene, a Trump ally from Georgia, in charge of a subcommittee to work with DOGE, according to two people with knowledge of the plans who were not authorized to discuss them publicly. Greene and Rep. James Comer, the Kentucky Republican who chairs the House Oversight Committee, have already met with Ramaswamy, the two people said. Musk brought up the idea for DOGE while broadcasting a conversation with Trump on X during the campaign. “I think we need a government efficiency commission to say like, ‘Hey, where are we spending money that’s sensible. Where is it not sensible?’” Musk said. Musk returned to the topic twice, volunteering his services by saying “I’d be happy to help out on such a commission.” “I’d love it,” Trump replied, describing Musk as “the greatest cutter.” Musk has his own incentives to push this initiative forward. His companies, including SpaceX and Tesla, have billions of dollars in government contracts and face oversight from government regulators. After spending an estimated $200 million to support Trump’s candidacy, he’s poised to have expansive influence over the next administration. Trump even went to Texas last week to watch SpaceX test its largest rocket. DOGE will have an ally in Sen. Rand Paul, a Kentucky Republican who has railed against federal spending for years. He recently told Fox News that he sent “2,000 pages of waste that can be cut” to Musk and Ramaswamy. “I’m all in and will do anything I can to help them,” Paul said. Get local news delivered to your inbox!Chandigarh: The National Investigation Agency (NIA) on Wednesday conducted searches at multiple locations in Punjab and Haryana as part of its investigation into the gangster-terror nexus involving operatives of the proscribed Khalistan Terrorist Force (KTF), including Canada-based Arsh Dala . Extensive searches were conducted by the NIA teams at the premises of suspects linked to arrested accused Baljeet Maur as well as those connected with Dala and the KTF. The searches covered Bhatinda, Muktsar, Moga, Ferozepur, Sangrur, and Mansa districts in Punjab and Sirsa in Haryana. The search teams seized several incriminating material, including mobile phones/digital devices and documents that are being examined by the NIA as part of the ongoing investigations into the case registered earlier this year by the agency on the directions of the ministry of home affairs. Raids were conducted at the residence of one Amandeep Singh in Muktsar, who is facing a case under the NDPS Act. The NIA officials also landed at the residence of one Vishal Singh in Mansa, who is claimed to be linked to Arsh Dala. The NIA has been investigating various terror outfits engaged in criminal conspiracies to recruit India-based associates to carry out criminal terror acts, raise funds through large-scale extortions, smuggle terrorist hardware into India, and facilitate the movement of such illegal arms and ammunition through the ‘dead drop model’. The investigations so far revealed attempts by foreign-based main accused and handlers of terrorist outfits to recruit cadres in India for carrying out terror acts on Indian soil. We also published the following articles recently NIA raids 9 locations in Punjab, Haryana in gangster-terror nexus case The National Investigation Agency (NIA) conducted searches at nine locations across Punjab and Haryana on Wednesday, targeting a suspected gangster-terror nexus. This operation follows similar raids last month in Punjab, Haryana, and Uttar Pradesh focusing on the Davinder Bambiha syndicate. Praveen Nettaru murder case: NIA conducts searches at multiple locations in Tamil Nadu and Karnataka The National Investigation Agency (NIA) conducted searches across Karnataka and Tamil Nadu in connection with the Praveen Nettaru murder case. Digital devices and documents were seized during the operation targeting associates of suspects and absconding accused. Nettaru, a BJP Yuva Morcha leader, was killed in July 2022. NIA spl court awards life term to Hizb terrorist in conspiracy case Kamruz Zaman, a Hizb-ul-Mujahideen operative, received multiple life sentences and rigorous imprisonment from a Lucknow NIA court. Convicted of conspiring to attack Hindu temples and other terrorist acts, Zaman was arrested in 2018. The court deemed him a danger to society, highlighting his radicalization and training by HuM militants in Kashmir. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword .