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NCSHP Participates in 11th Annual America’s Best-Looking Cruiser Contest NC DPS (.gov)
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NCSHP Participates in 11th Annual America’s Best-Looking Cruiser Contest – NC DPS (.gov)
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Here’s what happened in crypto today
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity
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SAN JOSE, Calif. (AP) — Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity.
The company based in San Jose, California, did not specify the number of jobs it is cutting. It had 84,900 employees as of July 2023. Based on that figure, the number of jobs cut would be about 5,900. In February, Cisco announced it would cut about 4,000 jobs.
The networking equipment maker said in June that it would invest $1 billion in tech startups like Cohere, Mistral and Scale to develop reliable AI products. It recently also announced a partnership with Nvidia to develop infrastructure for AI systems.
Cisco’s layoffs come just two weeks after chipmaker Intel Corp. announced it would cut about 15,000 jobs as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD. Intel’s quarterly earnings report disappointed investors and its stock took a nosedive following the announcement. In contrast, Cisco’s shares were up about 6% after-hours on Wednesday.
In a foray into cybersecurity, Cisco launched a cybersecurity readiness index back in March to help businesses measure their resiliency against attacks.
Cisco Systems Inc. said Wednesday it earned $2.16 billion, or 54 cents per share, in its fiscal fourth quarter that ended on July 27, down 45% from $3.96 billion, or 97 cents per share, in the same period a year ago. Excluding special items, its adjusted earnings were 87 cents per share in the latest quarter.
Revenue fell 10% to $13.64 billion from $15.2 billion.
Analysts, on average, were expecting adjusted earnings of 85 cents per share on revenue of $13.54 billion, according to a poll by FactSet.
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Reporter Wanted To ‘Quit’ Job After Resurfaced Blake Lively Interview – Hollywood Life
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Image Credit: Getty Images for Sony Pictures Blake Lively may be best known for portraying Manhattan’s ‘IT’ girl, but recent events revealed a different side of her personality, leading a reporter to consider quitting their job.
Jkersti Flaa had the opportunity to interview the 36-year-old actress during a press junket alongside her co-star Parker Posey for Café Society back in 2016. On Saturday, August 10, the journalist released the interview on her YouTube channel, noting in the description, “Sitting down with Blake Lively and her co-star Parker Posey for Café Society (2016) was the most uncomfortable interview situation I have ever experienced. Is it not okay to congratulate someone on their pregnancy or to ask another woman about costumes she is wearing in a film?”
As the conversation began, Jkersti immediately brought up the Gossip Girl actress’ pregnancy, expressing, “Congrats on your little bump.” Blake quickly responded with the same phrase directed back at her, sharing an awkward laugh with the 55-year-old actress.
In the comment section, many viewers supported the journalist, noting that The Age of Adaline actress’ response was “uncalled for.” One user wrote, “She and her husband talk about their kids all the time, and you can’t congratulate her on her pregnancy? That was such weird and uncalled-for behavior. I’m sorry you had to sit through that.”
Another user commented, “Wow, this is disappointing to watch. I’m very turned off by Blake and Parker’s behavior. It lacked tact, and Blake, in particular, was extremely rude and lacked class here. Shame on her.”
The discussion continued with Blake essentially ignoring the reporter. Instead, she addressed a question about wardrobe choices by speaking directly and maintaining eye contact with her castmate. She remarked, “Everyone wants to talk about the clothes, but I wonder if they would ask the men about the clothes.”
This resurfaced video comes shortly after rumors of an alleged rift with Lively and Justin Baldoni, her co-star in It Ends With Us. Speculation about creative differences arose after the two were not seen together in photos from the premiere, and the 40-year-old actor was notably absent.
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Must Read: Naomi Campbell and Six Icons Star in 'Harper's Bazaar' September Issue, Zoë Kravitz Fronts 'Esquire'
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These are the stories making headlines in fashion on Wednesday. Naomi Campbell and six icons star in Harper’s Bazaar September issueNaomi Campbell, Chaka Khan, Willem Dafoe, Jon M. Chu, Amy Sherald, Chelsea Clinton and Naomi Ackie cover the September 2024 “Icons Issue” …[ad_2]
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USD POLL: Which movie nominated for Best Picture at the 72th Academy Awards was the best?
Today’s User Submitted Daily (USD) Poll was submitted by Damon Salvatore who was picked randomly from our Poll Submissions (see below). Want to see your Poll posted on the site? Click here to submit your poll.
Let us know in the comments what you voted for and why?
You can vote for 1 Option.
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Flutter Mulls Acquisition of Playtech’s Snaitech Unit
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Posted on: August 14, 2024, 03:33h.
Last updated on: August 14, 2024, 03:33h.
Flutter Entertainment (NYSE: FLUT) is reportedly in talks to acquire Playtech’s (LSE: PTEC) Snaitech business, news that sent shares of the target’s parent soaring in London trading.
The Flutter logo as seen in an investor deck. The company is reportedly in talks to acquire Playtech’s Snaitech unit. (Image: Flutter Entertainment) Media reports indicated FanDuel could pay as much as $2.56 billion for Snaitech, which represents a healthy premium to Playtech’s market capitalization of about $2.12 billion. Founded in 1990 and branded as Snai, Snaitech offers horse and sports wagering services in Italy and operates more than 49,000 gaming and lottery devices in that country.
The website, snai.it, offers a vast range of gaming and entertaining services including all online products: sport and horse racing betting, poker cash and poker tournament, skill games, casino and cash games, betting on virtual events, forecasts, bingo, lotteries and number games, virtual sports. Betting and casino apps are available also from website using a technology that adapts to all devices,” according to the company.
Snaitech also has bit exposure to Austria and Germany through its 2022 purchase of Happybet. At one point today, Playtech shares were up 22% on the news, marking the stock’s biggest intraday pop in nearly three years.
Playtech Deal Could Finally Come to Fruition
Currently, there’s no indication as to how advanced the talks are between Flutter and Playtech, but the would be seller said it is in exclusive negotiations with the prospective buyer.
Playtech has long been the subject of consolidation speculation, but with nothing to show for it. The sale of Snaitech could change that. In July 2023, Playtech attempted to acquire 888 Holdings Plc (OTC: EIHDF) for $890 million, but was turned away.
In October 2021, Playtech agreed to a $2.8 billion deal with Aristocrat Technologies and two other suitors emerged for the gaming software company, but those two suitors ultimately pulled their bids and the deal with Aristocrat fell apart. In July 2022, Playtech scrapped plans to list Caliente Interactive’s Caliplay unit on a US exchange via a reverse merger with a blank-check entity.
For Playtech, the allure in selling Snaitech is that such a transaction would allow the seller to become a full business-to-business (B2B) player in the European gaming scene while reducing its exposure to volatile consumer spending trends.
Deal Would Boost Flutter’s Italy Footprint
For FanDuel parent Flutter, the potential acquisition of Snaitech makes sense because it would increase the buyer’s presence in Italy, which is the Eurozone’s third-largest economy behind Germany and France.
In 2022, Flutter paid $2.2 billion for Italian lottery giant Sisal. Prior to that acquisition, Flutter’s PokerStars and Betfair were operational in Italy with significant market share.
Italy is Europe’s second-largest regulated gaming market after only the UK. Adding to the allure of Snaitech for Flutter is the point that while penetration of online wagering in Italy has surged in the aftermath of the coronavirus pandemic, it remains far below the rates seen in comparable markets such as Australia and the UK. That implies there’s ample room for growth and Flutter’s potential purchase of Snaitech could be validated over the long-term.
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Cisco’s stock pops as AI spurs order growth, earnings beat
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Cisco exceeded expectations with its latest quarterly results, while calling out demand related to artificial intelligence.
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8 Tips for Thank-You Emails After Job Interviews
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Prostock-studio / Shutterstock.com If you’ve made it to the interview, you’re up against four or five other candidates. It’s safe to assume their qualifications are similar to yours. You’ll need extra gear to outperform them. A well-written interview thank-you email could be that very gear. Most candidates don’t send thank-you emails after interviews. Or they send out thank-you notes that just don’t cut it. Thanks to this guide…
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