By RANDALL CHASE, Associated Press DOVER, Del. (AP) — A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. McCormick also rejected an equally unprecedented and massive fee request by plaintiff attorneys , who argued that they were entitled to legal fees in the form of Tesla stock valued at more than $5 billion. The judge said the attorneys were entitled to a fee award of $345 million. The rulings came in a lawsuit filed by a Tesla stockholder who challenged Musk’s 2018 compensation package. McCormick concluded in January that Musk engineered the landmark pay package in sham negotiations with directors who were not independent. The compensation package initially carried a potential maximum value of about $56 billion, but that sum has fluctuated over the years based on Tesla’s stock price.Pakistan law proposed to transform digital identity system and governancejili178 apk download latest version 。

SANTA CLARA, Calif. (AP) — San Francisco 49ers quarterback Brock Purdy will miss Sunday's game against the Green Bay Packers with a sore throwing shoulder. Purdy injured his right shoulder in last Sunday's loss to the Seattle Seahawks . Purdy underwent an MRI that showed no structural damage but the shoulder didn't improve during the week and Purdy was ruled out for the game. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get the latest sports news delivered right to your inbox six days a week.

Reddit Slides On Report Advance Plans To Borrow Against Stake In Hot Social Media Stock - Investor's Business Daily

METAIRIE, La. (AP) — If Saints interim coach Darren Rizzi has any definite ideas about who'll play quarterback for New Orleans against Washington on Sunday, he's not ready to share that information. Rizzi maintained on Wednesday that there's still a chance that Derek Carr could clear the concussion protocol and function well enough with his injured, non-throwing left hand to return against the Commanders. Meanwhile, reserve QBs Jake Haener and Spencer Rattler split first-team snaps during Wednesday's practice, which Carr missed, Rizzi said. “We're not going to name a starter right now,” said Rizzi, who also made a point of noting that Carr would not be placed on the club's injured reserve list and would not need surgery. “We're going to see how that progression plays out, first with Derek and then obviously with Jake and Spencer.” Carr, whose latest injury occurred when he tried to dive for a first down during Sunday's 14-11 victory over the New York Giants , has already missed three starts this season because of a separate, oblique injury. New Orleans lost all three of those games, with Rattler, a rookie, starting and Haener, a second-year pro, serving as the backup. In his three starts, Rattler completed 59 of 99 passes (59.6%) for 571 yards, one TD and two interceptions. Haener has gotten sporadic work this season in relief of both Carr and Rattler, completing 14 of 29 passes (48.3%) for 177 yards and one TD without an interception. Rizzi said he finds the 6-foot-1 Haener and 6-foot Rattler “very similar in a lot of ways," adding that whichever of those two might play “doesn't change a whole bunch" in terms of game-planning. “They're both similar-size guys. Their athletic ability is very similar,” Rizzi said. “They're similar-style quarterbacks. We're not dealing with opposites on the spectrum.” The Saints also signed another QB this week — Ben DiNucci — to help take scout team snaps at practice, now that Rattler and Haener are not as available to do that while competing to possibly start if Carr is indeed unable to play. The Saints (5-8) have won three of four games since Rizzi took over following the firing of coach Dennis Allen. That allowed New Orleans to remain alive in the NFC South Division, currently led by Tampa Bay (7-6). Rizzi said Carr has not had any setbacks this week in terms of progressing through the NFL's concussion protocol. “By the end of the week, if's he's not able to get any reps in any form or fashion, then obviously we'll go with one of the other guys,” Rizzi said. NOTES: RB Alvin Kamara did not practice on Wednesday because of an illness. ... WR Chris Olave, who is out indefinitely because of concussions this season, has returned to meetings at Saints headquarters. He as not, however, made plans to return to practice yet because he still plans to meet first with neurological specialists to try to assess the risks of returning to action during what's left of this season. Rizzi said the possibility of Olave playing again this season remains “on the table” for now. AP NFL: https://apnews.com/hub/NFL

Q: My college professor claims that science has disproved much of the Bible — and the Gospel — and if I expect to have any faith at all, my faith should be placed in mankind because of the incredible success in education, medicine, science, and technology. My faith in God is certain, but how does one debate this? — F.U. A: When we are confronted with someone who claims that the Bible has been proven a fraud, we should always ask where such is the case. True science and true understanding of the Bible are never at variance. If the person making such a claim is antagonistic to the Christian faith and God’s Word, he or she is prone to back the position by supposed inaccuracies in the Bible. But the best answer to such people is to insist on the statement, on their part, of just what the inaccuracies are. Most of the time, they are not forthcoming and don’t really expect anyone to doubt them because of their credentials. If we are uncertain of what the Bible teaches on the subject, we should also do our part in seeking others’ wisdom and answers from the Word of God. When people doubt that the Bible is the true Word of God, they are often unwilling to ascribe to God anything they cannot themselves achieve. Above all, let’s remember that Satan exalted himself above God and endeavored to get man to doubt the reliability of God’s Word. The gospel of Jesus Christ is not anti-intellectual. It demands the use of the mind along with faith in the authoritative Word of God and what Jesus did on the cross, making salvation possible. The Bible is God’s message to us. It is the infallible Book.Children as young as ten could be banned from using the internet or engaging in forums under terror orders designed to crackdown on the number of teenagers being radicalised online. Yvette Cooper, the home secretary, has announced youth diversion orders that could be used to force teenagers to participate in programmes designed to mitigate their terrorist risk under Prevent, the government’s counter-extremism strategy, which identifies people at risk of radicalisation. Police will be able to apply to courts for an order, but conditions must be “necessary and proportionate to mitigate terrorist risk”, Cooper said. Home Office sources said restrictions on online activity could bar young people from specific websites, online forums and social media channels such as Telegram, whose encrypted technology is favoured by terrorists

AUSTIN, Texas — On Saturday, the Texas Longhorns will host the Kentucky Wildcats in what will be the first time the now-SEC foes have ever met as members of the same conference. The Longhorns enter Saturday's game as massive favorites (currently sitting as 20.5-point favorites according to most online sportsbooks), and are in prime position to clinch a spot in the SEC Championship Game on Dec. 7 if they win their final two games. The Wildcats, meanwhile, currently sit at 4-6 on the season, meaning a loss on Saturday would remove them from bowl game consideration, as they'd be guaranteed to finish with a record below .500. Saturday's game obviously carries high stakes for the trajectories of the two programs, but it's a far cry from the last time - and the only time - the two squads previously met. The only other time Texas and Kentucky have squared off on the gridiron was all the way back on Sept. 22, 1951, when the No. 6-ranked Wildcats traveled to Austin to battle the No. 11-ranked Longhorns at Texas Memorial Stadium in front of 47,000 fans. The Longhorns were led by coach Ed Price, who was in his first year with the program. The team was coming off a loss to Tennessee in the previous season's Cotton Bowl. The Wildcats, meanwhile, were coming off their 1950 national championship campaign and were coached by perhaps the greatest college football coach of all-time - Paul "Bear" Bryant, in what was his sixth season with the team. Quarterbacking the squad that day was future College Football Hall of Famer and NFL first-round draft pick Babe Parilli, who would go onto win Super Bowl III with the New York Jets serving as Joe Namath's backup. The game ended with the Longhorns coming out on top in an old-fashioned, 1951-style defensive slugfest 7-6. The Longhorns battered Kentucky with a relentless rushing attack, gaining 169 of their 211 total yards on the ground. Similar to the 2024 Longhorns, the 1951 Longhorns also employed a committee approach at running back, with four players each hitting double figures on the ground. Byron Townsend lead the way 61 yards. Given that they were led by a future College Football Hall of Famer, perhaps its unsurprising that the Wildcats were far more dominant through the air, as Parilli threw for 142 yards on 18-of-33 pass attempts with a third quarter touchdown pass to Bucky Gruner. The Longhorns threw for just 52 yards all game, but while quarterback James Carroll "T" Jones completed just 3-of-10 pass attempts, one of his completions was the decisive 13-yard scoring toss running back Don Barton in the first quarter. Kentucky would miss the extra point attempt following Gruner's touchdown. The Wildcats also gained 21 first downs to the Longhorns' eight. However, what decided the game for the Longhorns were turnovers, as the Wildcats committed six all game including three interceptions thrown by Parilli, with Don Menasco, Bobby Dillon and June Davis each accounting for a Parilli interception. "I thought it was a good ballgame right down to the wire. Somebody had to lose it. I hated that it had to be us, of course," Bryant said after the game. Bryant would leave Kentucky following the 1953 season, subsequently coaching Texas A&M from 1954 until 1957 and Alabama from 1958 until 1982, going on a dynastic run with the Crimson Tide winning six national titles during the 1960s and 1970s. Historically, the game is relevant as it aired just a week prior to CBS broadcasting the first ever college football game in color. Saturday's matchup between Texas and Kentucky kicks off at 2:30 p.m. at DKR Stadium, the same site as that 1951 game - albeit much larger now. If you aren't attending the game, you can watch it live on KVUE.Top Smile Design: Redefining Smiles with Advanced Dental Care

Russia uses ElevenLabs' AI-generated voices to undermine Western support for UkraineWASHINGTON (AP) — Washington Capitals star Alex Ovechkin has a broken left fibula and is expected to miss 4 to 6 weeks.

Delaware judge reaffirms ruling that invalidated massive Tesla pay package for Elon Musk DOVER, Del. (AP) — A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package Chancellor Kathaleen St. Randall Chase, The Associated Press Dec 2, 2024 2:47 PM Dec 2, 2024 2:50 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message FILE - Elon Musk speaks at a campaign rally, Oct. 27, 2024, in New York. (AP Photo/Evan Vucci, File) DOVER, Del. (AP) — A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. McCormick also rejected an equally unprecedented and massive fee request by plaintiff attorneys , who argued that they were entitled to legal fees in the form of Tesla stock valued at more than $5 billion. The judge said the attorneys were entitled to a fee award of $345 million. The rulings came in a lawsuit filed by a Tesla stockholder who challenged Musk’s 2018 compensation package. McCormick concluded in January that Musk engineered the landmark pay package in sham negotiations with directors who were not independent. The compensation package initially carried a potential maximum value of about $56 billion, but that sum has fluctuated over the years based on Tesla’s stock price. Following the court ruling, Tesla shareholders met in June and ratified Musk’s 2018 pay package for a second time, again by an overwhelming margin. Defense attorneys then argued that the second vote makes clear that Tesla shareholders, with full knowledge of the flaws in the 2018 process that McCormick pointed out, were adamant that Musk is entitled to the pay package. They asked the judge to vacate her order directing Tesla to rescind the pay package. McCormick, who seemed skeptical of the defense arguments during an August hearing, said in Monday’s ruling that those arguments were fatally flawed. “The large and talented group of defense firms got creative with the ratification argument, but their unprecedented theories go against multiple strains of settled law,” McCormick wrote in a 103-page opinion. The judge noted, among other things, that a stockholder vote standing alone cannot ratify a conflicted-controller transaction. “Even if a stockholder vote could have a ratifying effect, it could not do so here due to multiple, material misstatements in the proxy statement,” she added. Meanwhile, McCormick found that the $5.6 billion fee request by the shareholder’s attorneys, which at one time approached $7 billion based on Tesla’s trading price, went too far. “In a case about excessive compensation, that was a bold ask,” McCormick wrote. Attorneys for the Tesla shareholder argue that their work resulted in the “massive” benefit of returning shares to Tesla that otherwise would have gone to Musk and diluted the stock held by other Tesla investors. They value that benefit at $51.4 billion, using the difference between the stock price at the time of McCormick’s January ruling and the strike price of some 304 million stock options granted to Musk. While finding that the methodology used to calculate the fee request was sound, the judge noted that the Delaware’s Supreme Court has noted that fee award guidelines “must yield to the greater policy concern of preventing windfalls to counsel.” “The fee award here must yield in this way, because $5.6 billion is a windfall no matter the methodology used to justify it,” McCormick wrote. A fee award of $345 million, she said, was “an appropriate sum to reward a total victory.” The fee award amounts to almost exactly half the current record $688 million in legal fees awarded in 2008 in litigation stemming from the collapse of Enron. Randall Chase, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Get your daily Victoria news briefing Email Sign Up More Science News Delaware judge reaffirms ruling that invalidated massive Tesla pay package for Elon Musk Dec 2, 2024 2:41 PM Can AI chatbots make your holiday shopping easier? Dec 2, 2024 1:51 PM FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop Dec 2, 2024 1:38 PMFranklin financial SVP Karen Carmack reports stock purchaseLucky Eagle Casino & Hotel installs Quick Custom Intelligence’s Enterprise Platform

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WSU’s NIAR to work on mobile command centerGood news is in short supply today but one press release caught my eye today announcing the rebirth of one of audio’s most venerable brands. Onkyo , a leader for so long in premium consumer electronics is today unveiling a bold new vision for the brand’s future. Today, Onkyo has recommitted itself to raising the bar for technology and home entertainment to deliver innovative solutions that the company hopes will captivate music, movie and gaming enthusiasts across the globe. Onkyo’s founder, Takeshi Godai, embarked on building the iconic brand from the humble beginnings of his family’s bicycle shop. Takeshi watched his father closely and learned the art of engineering and developed the skills to run a successful company. At the time, the Godai family bicycle company employed a young entrepreneurial spirit, Konosuke Matsushita as an apprentice. In later years, Takeshi and Konosuke would cross paths again when Konosuke hired Takeshi to work in his company, the Matsushita Electric Industrial Company, which went on to become the consumer electronics giant Panasonic. Takeshi’s tenure at Matsushita Electric was a time of innovation and a commitment to excellence. However, Takeshi had a vision to forge his legacy which drove him to start the Osaka Denki Onkyo Company in 1946. By the early 1970s, he had successfully improved Japanese craftsmanship, stimulated economic growth and promoted post-war employment opportunities in a recovering nation. On the eve of its 25th anniversary, Takeshi gave his company a shorter name: Onkyo. The word “Onkyo” means “sound harmony” in Japanese. With Onkyo, Takeshi created audio solutions that transcended mere functionality. The company’s philosophy was an unwritten pact with enthusiasts and connoisseurs to make every product with the Onkyo name a byword for precision, elegance and a passion for regenerating sound with powerful accuracy. In 2021, Premium Audio Company and Voxx International Corporation acquired Onkyo Home Entertainment Company as its largest shareholder, investing in its research and development in Osaka with all engineers and manufacturing in place. Premium Audio kept Onkyo going with its range of AV receivers and other audio technologies. Now Onkyo is being reborn with its original sense of harmony and minimalism. Onkyo’s new presence aims for a tone that’s serious, professional, confident and polite, in true Japanese style. It wants to maintain humility and respect for its audience with a mantra that aims to avoid over-embellishment letting consumers connect emotionally with the brand and its products. Within the walls of Onkyo Osaka headquarters, the all-new global Premium Audio Company Technology Center (PACTC) has been established as more than just a facility The company says it will be a hub for innovation where engineers, technicians and marketing teams will collaborate to develop the next generation of audio products. Combining the brand’s rich history with innovative technology, Onkyo says it will set new benchmarks in sound quality and performance. From this new center, Onkyo is planning on delivering high-performance audio products to consumers created by a core team of 59 dedicated Onkyo employees who intend to leverage their deep knowledge and expertise to create new products, building on the Onkyo legacy while pushing the boundaries of audio engineering. Coinciding with the new Onkyo is a brand-new look and feel intended to attract modern and tech-savvy consumers. The new Onkyo logo intends to mark a clear beginning of the brand’s new era. The reimagined logo retains Onkyo’s brand equity while updating it with more modern kerning with a forward-looking design. The new typography uses the sophisticated and sleek Roboto Condensed font designed to resonate with today’s consumers. Technology Partnerships – Powered by Onkyo is a theme that will be rolled out in PAC-owned Klipsch products, equipped with Onkyo-engineered electronics. The aim is to elevate the Onkyo brand to be a reference audio name with even more co-branded endeavors. One exciting example is Onkyo’s collaboration with Klipsch on the Flexus Sound Systems powered by Onkyo. Onkyo will be working with important partners such as Dolby, dts and THX, using technology like HDMI, Wi-Fi, Bluetooth, AirPlay, Google Cast, Amazon Music, TIDAL, Deezer, Spotify, Pandora, Roon, Dirac, IMAX Enhanced, TuneIn, Works with SONOS, Qualcomm aptX HD, Savant, domotz, Elan, Crestron, AURO 3D, Over C Pro, Luxul ProWatch, URC, Control 4, Josh ai and others so that Onkyo products have the latest features and enhancements. Onkyo has also announced collaborations with iconic names in entertainment, including several Marvel Television titles on Disney+ to ensure Onkyo remains at the forefront of home entertainment. Onkyo was the official home audio system of Marvel Television’s “Agatha All Along,” now streaming exclusively on Disney+. Alongside this rebranding, Onkyo is curating content that highlights the power of technology with real-life applications that enhance daily living. Onkyo says its collaborations will extend beyond product partnerships as the company teams up with creative influencers, renowned artists and industry leaders to create campaigns that resonate across social media and digital platforms. While Onkyo is synonymous with home theater AV receivers today, the company has ambitions to reach far beyond that market. It has announced the development of an entirely new range of products designed to cater to both everyday audio consumers and high-end, premium hi-fi listeners. New Onkyo products will include a return to the home speaker market and advanced specialty electronics. Onkyo's new home speaker series and an electronic separate series will be announced at CES 2025, in Las Vegas. This announcement follows a few fallow years for a brand that had a huge presence in the audio-visual and hi-fi markets. Onkyo has always made excellent products and this renaissance of such a venerable audio brand is a bold move in a market that is struggling to capture the imagination of younger consumers who often favor convenience over high-end audio separates. It will be interesting to see what Onkyo comes up with but there is no doubt a large reservoir of goodwill for the brand.

Longtime Biden adviser rips 'rationale' of Hunter pardon: 'Attack on our judicial system'The controlling stockholder of SFA Semicon Philippines Inc. has completed its tender offer to buy out the microchip maker’s minority shareholders, and has moved closer to exiting the local bourse. In a stock exchange filing on Friday, the company said SFA Semicon Co. Ltd. (SFA Korea) on Thursday, Nov. 21, bought 192.77 million common shares, representing a 9.43-percent stake. Trading of SFA’s shares was suspended to make way for the P427.96-million block sale. READ: Korean chipmaker plans to exit PSE; P2.22 tender offer made This caused SFA’s public ownership level to drop to 0.59 percent, or way below the 10-percent minimum requirement. SFA Korea now owns 99.41 percent of the local firm. Under the Philippine Stock Exchange’s (PSE) voluntary delisting rules, SFA Korea needs to obtain at least 95 percent of SFA’s shares before the latter can exit the bourse. The tender offer was priced at P2.22 per share, a 30-percent premium over SFA’s price of P1.57 on Friday. This is also 30 percent below its initial public offering (IPO) price of P3.15 in December 2014. Analysts previously noted that SFA’s delisting was expected due to its “bare minimum” public float (pegged at 10.01 percent before the tender offer), the lack of liquidity of its stock and seeing how the market has “undervalued” it for years. Since the beginning of 2024, SFA’s share price has fallen by 28.96 percent. If SFA delists within the year, the score between delistings and IPOs will even out. The stock market has so far seen two exits this year—Premium Leisure Corp. and Cebu Holdings Inc.—against three IPOs by OceanaGold Philippines Inc., Citicore Renewable Energy Corp. and NexGen Energy Corp. With no other company slated to brave the market this year, the PSE will not reach its goal of seeing six IPOs in 2024. Cebu-based fuel retailer Top Line Development Corp. has moved its stock market debut to the first quarter of 2025 to accommodate potential institutional investors. PSE president Ramon Monzon earlier said high interest rates and volatility had prompted companies to “opt out of raising capital from the equities market in the last few months.” But Monzon remained optimistic that easing interest rates and new products would attract more investors next year. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . The benchmark Philippine Stock Exchange Index has risen by 4.7 percent since the beginning of 2024, although it has recently been volatile as traders digested the impact of another US presidential term for Donald Trump. —Meg J. Adonisooking for big money? As a small funder your simple financial reports might not cut it when it comes to big investors. In fact, it’s a complaint frequently made by investment bankers and institutional money looking to get capital deployed in the revenue based financing space. “Smaller funders often face three primary challenges, one, the lack of institutional grade portfolio performance and consistency, two, limited data operations and analytics capabilities, and three, difficulty accessing affordable resources and expertise to address these gaps and engage with capital markets effectively,” said , Managing Partner of , which has debuted a solution called Portfolio Pulse. The technology bolts into most existing CRMs and works to output metrics and reports that would be especially helpful to potential institutional investors. A sample of reporting that an AdvanceIQ user can get. “High-quality, unbiased, and third-party validated reporting won’t solve all capital market challenges, but it’s an essential step,” said Matsuo. “These insights provide smaller funders with an objective view of their portfolio performance, allowing them to make data-driven improvements. Third-party validation adds credibility and transparency, positioning them more favorably for institutional investment.” Matsuo knows the challenge well through his lengthy experience in the space. “I’ve been involved in raising and managing hundreds of millions of dollars across both debt and equity,” he said. “This experience has shown me the barriers and friction that smaller originators encounter when connecting with capital markets. I’m focused on helping to remove these obstacles by providing transparency and equipping smaller originators with the tools and insights they need to engage with institutional investors more effectively.”

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ECB to cut rates again and signal further easing as growth faltersIn-Depth Analysis of BlockDAG’s & Polkadot’s DAG Technology—Layer-1 vs. Layer-0: Which is Most Advanced?( MENAFN - Investor Brand Network) PayPal (NASDAQ: PYPL) and Mollie have joined forces to improve payment solutions for marketplace platforms in the European Union and the United Kingdom. This partnership allows Mollie to integrate PayPal as a payment option, streamlining the process for marketplaces by removing the need for separate PayPal integrations and re-onboarding of sellers. This collaboration aims to simplify payments by outsourcing technical complexities to Mollie. Mollie's offerings, like Mollie Connect, help SaaS platforms and marketplaces manage payments, onboard users and handle funds efficiently. This reduces operational costs and technical burdens. PayPal's senior director of partnerships in Europe, Guillaume Démier, notes the growing demand and expected continued strength from this collaboration. The combination of Mollie's capabilities with PayPal's secure consumer experiences is ideal for the marketplace segment. PayPal's financial metrics provide insight into its market position. With a price-to-earnings (“P/E”) ratio of 19.74 , the market values PayPal's earnings positively. The price-to-sales ratio of 2.75 and enterprise value to sales ratio of 2.83 reflect the company's market value relative to its revenue and total value compared to sales. These figures suggest a strong market presence. PayPal's earnings yield of 5.07% offers a return on investment for shareholders. The debt-to-equity ratio of 0.49 indicates a moderate level of debt relative to equity, suggesting a balanced financial structure. Additionally, the current ratio of 1.25 shows that PayPal has a reasonable level of liquidity to cover its short-term liabilities, ensuring financial stability. Mollie has previously engaged in strategic partnerships, such as with JTL-Software and Riverty, to enhance its payment services. These collaborations, along with the launch of Mollie Terminal in Belgium, Germany and the Netherlands, demonstrate Mollie's commitment to expanding its in-person payment offerings and strengthening its presence in Europe. To view the company's latest earnings release, visit About PayPal Holdings Inc. PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling and shopping simple, personalized and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit . About CurrencyNewsWire CurrencyNewsWire (“CNW”) is a state-of-the-art digital hub that aggregates and disseminates news and information covering the fast-moving financial markets. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets ; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions . CNW covers companies, currencies and events that impact traditional fiat currencies and their market dynamics; cryptocurrencies, blockchain technologies and digital assets; the Federal Reserve's policies and their influence on financial markets; global economic and monetary trends and their far-reaching influence; regulatory changes and their implication; as well as banking, finance, financial innovations, and investment strategies. CNW is the central platform for understanding the multifaceted world of currencies and finance. For more information, please visit Please see full terms of use and disclaimers on the CurrencyNewsWire website applicable to all content provided by CNW, wherever published or re-published: /Disclaimer CurrencyNewsWire Los Angeles, CA 310.299.1717 Office [email protected] CurrencyNewsWire is powered by IBN MENAFN02122024000224011066ID1108948967 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Trudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister saysOpenAI says it has no plans to release an API for Sora , its AI model that can generate reasonably realistic videos when provided with a text description or reference image. During an AMA with members of OpenAI’s dev team, Romain Huet, head of developer experience at OpenAI, said that a Sora API isn’t in the cards at the moment. “We don’t have plans for a Sora API yet,” he wrote . The reason could be capacity issues. OpenAI was forced to close applications for its Sora-powered video creation and editing suite shortly after its launch due to heavier-than-anticipated traffic. OpenAI CEO Sam Altman apologized on X. Sora, one prompt, cinematic AF pic.twitter.com/X8gzdes20M — Alex Patrascu (@maxescu) December 14, 2024 “We significantly underestimated demand for Sora,” he wrote . “It’s going to take a while to get everyone access. Trying to figure out how to do it as fast as possible!” OpenAI resumed sign-ups for Sora several days ago. Choosing not to prioritize an API for Sora threatens to put OpenAI at a disadvantage compared to one of its chief rivals, Google, which launched an API in limited access for its video-generation model, Veo , in early December. Google said this week that Veo’s successor, Veo 2 , which went viral for its impressively high-quality outputs, will get an API sometime in 2025. AWS has an API for its recently launched Nova Reel video model. And a number of startups focused on generative video offer APIs for their models. One firm, Runway, claims that its API has been used by “the world’s largest consumer technology companies to reliably generate millions of videos for their users.”