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Takeaways from AP’s report on JD Vance and the Catholic postliberals in his circle of influence WHBF – OurQuadCities.com
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Takeaways from AP’s report on JD Vance and the Catholic postliberals in his circle of influence – WHBF – OurQuadCities.com
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Converting mining sites to AI data centers isn't seamless: Sabre56 CEO
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According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle.
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Why Verizon Stock Was Wilting on Wednesday
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Is Verizon Communications (NYSE: VZ) about to open its wallet for a massive new acquisition?
That was the scuttlebutt on the stock market Wednesday, and on potential news that the incumbent telecom might spend a pretty penny for a deal, investors traded out of its shares. In late-session trading Verizon’s price was down by nearly 4%, a more dramatic slide than the 0.4% sag of the S&P 500 index at the point.
A potential deal that could easily top $10 billion
The Wall Street Journal published an article today stating that Verizon is far into discussions to acquire broadband internet specialist Frontier Communications (NASDAQ: FYBR). Citing unnamed “people familiar with the matter,” the financial newspaper wrote that an announcement of a deal could come as soon as this week.
If realized, such a purchase would be sizable. On news of the potential deal, investors bid up Frontier’s stock sharply, pushing its market cap to over $9.5 billion. That’s expensive even for a monster business with sustainably high levels of free cash flow (FCF) like Verizon. The already heavily indebted company would almost certainly have to find some outside sources of financing, as its cash and short-term investments totaled under $3.8 billion at the end of June.
In contemplating a Frontier buyout, it’s likely Verizon aims to be more competitive in the broadband segment. Mobile service providing isn’t exactly a hot growth area these days, while numerous regions of this country are still underserved by high-speed internet.
Easy integration?
While integrating two large enterprises is never a quick or easy task, Verizon and Frontier are relatively compatible. The latter’s broadband operation, currently being upgraded to fiber technology from legacy copper wiring, roughly complements Verizon’s Fios network.
Neither Verizon nor Frontier has yet officially commented on the Journal article.
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Eric Volkman has no position in any of the stocks mentioned. The Motley Fool recommends Verizon Communications. The Motley Fool has a disclosure policy.
Why Verizon Stock Was Wilting on Wednesday was originally published by The Motley Fool
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Topgolf Callaway wants to split up after a little more than three years. Here’s what could complicate the breakup.
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After some three-and-a-half years together, Topgolf — a driving-range and entertainment chain — and Callaway, a maker of golf clubs and golf balls, could soon find themselves on their own.
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10 Business Opportunities for the Entrepreneur Abroad
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Jacob Lund / Shutterstock.com Starting about 35 years ago (yikes), wide-eyed, pony-tailed, and straight out of college, I went to work in the publishing industry. Back then, we made a business of the written word the old-fashioned way — with paper, ink, envelopes, and stamps. Today my business is virtual. Today, publishing companies (like mine) may need the services of a copywriter or a particular editor only once or twice…
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Las Vegas Approves Land Sale for Elaine Wynn-backed Art Museum
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Posted on: September 4, 2024, 03:23h.
Last updated on: September 4, 2024, 04:23h.
By the end of 2028, viewing priceless art in Las Vegas may no longer require walking past banks of slot machines.
A rendering of the Las Vegas Museum of Art, on the left, looking south through Symphony Park with the Smith Center at right. (Image: Las Vegas Museum of Art) On Wednesday, the Las Vegas City Council unanimously approved partnering with Elaine Wynn, and selling her 1.5 acres of land for “under market value,” to build the first world-class art museum Las Vegas has ever had outside the confines of a casino.
Construction is expected to start by 2026.
The Las Vegas Museum of Art would occupy a new building in Symphony Park, the five-acre arts hub in downtown Las Vegas that currently houses the Smith Center for the Performing Arts and the Discovery Children’s Museum.
Once it opens, Las Vegas will no longer be the largest city in the US without an independent museum for the fine arts.
Francis Kéré, architect of the proposed Las Vegas Museum of Art, in 2022 became the first African to receive the prestigious Pritzker Architecture Prize. (Image: Wikipedia) Wynn, the board chair and CEO of Wynn Resorts, and Roger Thomas, the company’s retired former executive VP of design, attended Wednesday’s City Council meeting to cheerlead the project and announce its architect.
Francis Kéré designed the Xylem Pavilion at Montana’s Tippet Rise Art Center, which opened in 2019.
According to Wynn, Kéré’s design for the new museum will take inspiration from the Guardian Angel Cathedral, the Catholic church located northeast of Wynn Resorts’ Encore just off the Las Vegas Strip.
The Art of Funding
The 90,000 square-foot project is expected to cost $200 million to build — most of which Wynn has said she will raise via grants, gifts, sponsors and donations.
The museum has already received $5 million in seed funding from the Nevada state legislature.
Additionally, Wynn sits on the board of the L.A. County Museum of Art, which, she says, has promised to loan the museum pieces to display from its extensive/expensive collection.
Red Ridge Development will be the developers on the project.
Lost Art
Las Vegas once had a public art museum that wasn’t located in the Bellagio or Wynn. But it wasn’t the kind that displayed Picassos, Warhols or Rothkos.
The Las Vegas Art Museum opened in 1974 out of the ashes of the Las Vegas Art League, in a ranch house at Lorenzi Park that was owned by the city of Las Vegas.
In the 1990s, the city converted the museum into a senior center and moved its collection — consisting of 200 pieces of mostly contemporary art by painters who aren’t household names — into a new building it shared with one of its libraries until 2009. That’s when the Las Vegas Art Museum finally closed, citing a recession-prompted lack of donations.
In 2012, the collection was moved to the newly renovated Barrick Museum of Art at UNLV. Its former space now functions as an art gallery for the Sahara West branch of the Las Vegas-Clark County Library.
In 2017, the Nevada Museum of Art in Reno announced plans to open a Las Vegas branch. But that $250M project was canceled in 2020 due to lack of funding.
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Oppo Find N5 / OnePlus Open 2 will be impressively thin, specs leak reveals
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Oppo’s next book-style foldable is coming soon, according to a now-deleted post by prolific Chinese leakster Digital Chat Station. This will be called Find N5 and it will be the successor to the Find N3 from last October.
The company will skip “4” most likely because of tetraphobia. The Find N5 will be powered by Qualcomm’s Snapdragon 8 Gen 4. It will have a “2K+” inner folding screen, a 50 MP main camera using a Sony sensor, a periscope telephoto camera as well, and a circular camera island.
Oppo Find N3The phone will be just over 9mm thick, which makes it very close to Honor’s Magic V3, the current record holder for world’s thinnest foldable smartphone. Whether the Find N5 can snatch its title remains to be seen, but even if it doesn’t, under-10mm thickness for a foldable is still very impressive.
The Find N5 is also rumored to have improved water resistance (its predecessor was only IPX4 rated for splash resistance), and a three-stage alert slider. The Find N5 is allegedly due to be released between January and March. It is likely to be launched only in China, and arrive in international markets rebranded as OnePlus Open 2, in which case all of the above information obviously also applies to that model.
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Verizon is reportedly near a deal to buy broadband provider Frontier Communications
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Verizon is reportedly near a deal to buy fiber provider Frontier Communications. On Wednesday, The Wall Street Journal said that an announcement could come as early as this week, provided discussions don’t “hit any last-minute snags.”
Frontier has a market value of over $7 billion and provides broadband to around three million locations in 25 states. The company would help Verizon boost its Fios fiber network and better compete with AT&T. The carrier has seen slowing wireless revenue and views fiber investment as a growth area. Acquiring companies with existing infrastructure, like Frontier, is potentially less expensive and time-consuming than rolling out its own network.
Based in Dallas, Frontier is currently upgrading its copper landline system to fiber — enabling it to offer a 5Gbps symmetrical plan. The company filed for Chapter 11 bankruptcy in 2020. It pivoted to a “leaner business,” as the WSJ describes, before running into concerns that it would run out of money before it finishes its current upgrades.
The FTC sued the company in 2021 for misrepresenting its speeds. Under a 2022 settlement, Frontier was required to stop lying about its internet performance, dole out over $8.5 million and install fiber service in 60,000 California homes over four years.
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George R. R. Martin Skewers ‘Toxic’ House Of The Dragon Changes
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George R. R. Martin, the writer of the Game of Thrones novels and the Fire & Blood spin-off upon which HBO series House of the Dragon is based, had a lot to say about a major change made in the show. On September 4, Martin published a post on his blog called “Beware the Butterflies,” which goes into great detail about his qualms with a specific scene in season two of HotD. However not long after publishing the post, Martin deleted it entirely.
Based on the post, which you can read in archived form here, Martin took serious issue with the way House of the Dragon showrunners changed a moment known amongst fans of Fire & Blood as “Blood and Cheese.” In the show, Queen Helaena is accosted in the castle by two intruders, who demand she point out which of her two young children is a boy, ostensibly so they can murder the heir to the Iron Throne. She shakily offers them her necklace, but when they persist, she points to Jaehaerys, her son, who the intruder swiftly murders.
Read More: We Got Our First Look At The Next Game Of Thrones Show
In the novel, Helaena actually has three children, Jaehaerys, Jaehaera, and Maelor (Maelor is not in the show, though Martin claims in the now-deleted blog post that he was told he’d be in the third season). When Blood and Cheese (as they’re known in the novel) break in, Helaena first offers up her own life, then reluctantly points out Maelor, who is the youngest, for the murderers to slay. But the intruders realize that she’s avoiding pointing out Jaehaerys, next in line for the throne, and kill him anyway, with Cheese whispering to Maelor that his mother chose him to die before leaving the castle.
Martin claims he argued with showrunner Ryan Condal about the change, but not for long “or with much heat,” saying that Condal gave him enough reassurances that he could accept the change. “[He] had what seemed to be practical reasons for it; they did not want to deal with casting another child, especially a two-year old toddler,” Martin wrote. “Kids that young will inevitably slow down production, and there would be budget implications. Budget was already an issue on House of the Dragon, it made sense to save money wherever we could. Moreover, Ryan assured me that we were not losing Prince Maelor, simply postponing him. Queen Helaena could still give birth to him in season three, presumably after getting with child late in season two. That made sense to me, so I withdrew my objections and acquiesced to the change.”
Image: HBO Though Martin ultimately “still [loved]” the episode despite the changes, he has a much bigger issue with the alleged removal of Maelor outright, writing, “Sometime between the initial decision to remove Maelor, a big change was made. The prince’s birth was no longer just going to be pushed back to season 3. He was never going to be born at all. The younger son of Aegon and Helaena would never appear.”
He then references the “Butterfly Effect,” the philosophical notion that a very small thing, as small as the flap of a butterfly’s wings, can, across time, have major implications on things seemingly unrelated. Martin then warns readers of spoilers, writing that “If you have never read Fire & Blood maybe it does not matter, because all I am going to ‘spoil’ here are things that happen in the book that may NEVER happen on the series.” I’ll give you a spoiler warning of my own, as there’s major story beats in the novel coming now.
In Fire & Blood, Helaena commits suicide not long after the death of Prince Maelor. Since she is beloved by the smallfolk, when rumors spread that it was Queen Rhaenyra who killed her (as Rhaenyra has taken over King’s Landing at this point), rather than Helaena jumping out of a window of the Red Keep, the people of King’s Landing flood the streets, demanding justice for the beloved ruler. “It is the beginning of the end for Rhaenyra’s rule over the city, ultimately leading to the Storming of the Dragonpit and the rise of the Shepherd’s mob that drives Rhaenyra to flee the city and return to Dragonstone… and her death,” Martin writes.
Read More: Your House Of The Dragon Season 2 Finale Questions, Answered
He continues, writing, “Maelor by himself means little. He is a small child, does not have a line of dialogue, does nothing of consequence but die…but where and when and how, that does matter. Losing Maelor weakened the end of the Blood and Cheese sequence…it undercut the motivation for Helaena’s suicide, and that in turn sent thousands into the streets and alleys, screaming for justice for their ‘murdered’ queen. None of that is essential, I suppose… but all of it does serve a purpose, it all helps to tie the story lines together, so one thing follows another in a logical and convincing manner.”
Martin then ominously ends his post with a warning that there are “larger and more toxic butterflies to come if House of the Dragon goes ahead with some of the change being contemplated for seasons 3 and 4…”
I find it funny that Martin never got this publicly bitchy about the ending of Game of Thrones, which didn’t just deviate from his source material but created new storylines entirely, as he hasn’t yet finished the mainline novels. And I find it even funnier that he posted such a scathing takedown of a series I believe is doing adaptation the right way. But perhaps Martin did what so many of us who are terminally online do, and tweeted and deleted after having a bit of clarity. We shall see.
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