Nokia Corporation Stock Exchange Release 2 December 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 02.12.2024 Espoo, Finland – On 2 December 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: * Rounded to two decimals On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 3 April 2024 started on 25 November 2024 and end by 31 December 2025 and target to repurchase 150 million shares for a maximum aggregate purchase price of EUR 900 million. Total cost of transactions executed on 2 December 2024 was 3,480,000. After the disclosed transactions, Nokia Corporation holds 364,935,068 treasury shares. Details of transactions are included as an appendix to this announcement. On behalf of Nokia Corporation BofA Securities Europe SA About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. Inquiries: Nokia Communications Phone: +358 10 448 4900 Email: press.services@nokia.com Maria Vaismaa, Global Head of External Communications Nokia Investor Relations Phone: +358 40 803 4080 Email: investor.relations@nokia.com Attachment Daily Report 2024-12-02
Electronics manufacturing giant Foxconn is partnering with artificial intelligence (AI) infrastructure company Zettabyte in a strategic investment aimed at expanding energy-efficient AI computing solutions worldwide. The partnership, announced Monday (Dec. 23), combines Foxconn, the world’s largest electronics manufacturer, with Zettabyte, an AI data center software and infrastructure solutions provider. The collaboration centers on Zettabyte’s Zware software platform, which optimizes GPU performance while reducing energy consumption in AI data centers. “We are thrilled to partner with Foxconn, a company renowned for its excellence in manufacturing and innovation,” said Kenneth Tai, chairman of Zettabyte. “This partnership will accelerate the deployment of our technology, meeting the surging demand for high-performance, energy-efficient AI computing globally.” According to Foxconn , “Zware’s ability to enhance AI data center operations while significantly reducing energy consumption opens opportunities to set new benchmarks for the future of AI data centers.” Financial terms of the investment were not disclosed. As PYMNTS previously reported, Foxconn warned of weakening consumer electronics demand in March 2023, projecting flat revenue and announcing plans to boost investments outside China amid shifting production strategies. Foxconn is a supplier of Apple devices. China planned to bar iPhones from state agencies and companies in September 2023, threatening Apple’s access to a market that generates roughly 20% of its revenue. Foxconn reported revenue of 6.162 trillion new Taiwan dollars (about $188 billion) in 2023 and ranks 32nd among Fortune Global 500 companies. The Taiwan-based company was established in 1974. Zettabyte’s Zware software is designed to optimize GPU performance while maximizing computing output in AI operations. The company describes itself as a global innovator in AI data center technology, with its flagship software setting “a new standard for sustainable and efficient AI computing.” The partnership aligns with Foxconn’s commitment to advancing sustainable technologies. Through the collaboration, the companies aim to expand the adoption of energy-efficient AI solutions worldwide. Zettabyte has recently announced additional partnerships with Pegatron and Chief Telecom. The company’s technology focuses on providing solutions that redefine efficiency and sustainability in AI data centers.
Southwest states certify election results after the process led to controversy in previous years
NEW YORK , Dec. 26, 2024 /PRNewswire/ -- Grid Dynamics Holdings Inc. (NASD: GDYN) will replace Revelyst Inc. (NYSE: GEAR) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, January 2 . Strategic Value Partners is acquiring Revelyst in a deal expected to close soon pending final conditions. Following is a summary of the change that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector Jan 2, 2025 S&P SmallCap 600 Addition Grid Dynamics Holdings GDYN Information Technology Jan 2, 2025 S&P SmallCap 600 Deletion Revelyst GEAR Consumer Discretionary For more information about S&P Dow Jones Indices, please visit www.spdji.com ABOUT S&P DOW JONES INDICES S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com . FOR MORE INFORMATION: S&P Dow Jones Indices index_services@spglobal.com Media Inquiries spdji.comms@spglobal.com View original content: https://www.prnewswire.com/news-releases/grid-dynamics-holdings-set-to-join-sp-smallcap-600-302339444.html SOURCE S&P Dow Jones Indices
DOJ: Man hacked networks to pitch cybersecurity servicesMoody's upgrades Saudi Arabia's rating on economic diversification effortsDaily Dose of Social Media: Denis Shapovalov’s hilarious encounter with Bernard Tomic, Casper Ruud announces engagement,
Conservative filmmaker and commentator, Dinesh D’Souza, is under fire for his criticism of Joe Biden’s pardon of his son, Hunter . “No one is above the law—except my son Hunter!” D’Souza captioned a photo of the president and his son on X. As commenters were quick to point out, D’Souza was pardoned by Donald Trump in 2018 for illegally contributing to a New York Republican’s Senate campaign. Many replied with screenshots of headlines from D’Souza’s pardon. Long an incendiary figure, D’Souza has produced several right-wing documentaries that have even alienated some conservatives. His 2022 election denialism documentary, 2000 Mules , was too outlandish for Fox News and Newsmax to cover . He recently admitted that the evidence for the film, which argues that a ring of “mules” illegally gathered ballots and put them in drop boxes, is false. D’Souza also apologized to a Georgia voter depicted in the film who sued him for defamation. He said “the underlying premise of the film holds true,” though the stolen election claim has been debunked many times. “No one is above the law—except my son Hunter!” pic.twitter.com/cyHY5twYKy A woman has been caught on camera as she “harassed” an Indian American family after their flight landed in Los Angeles . Photographer Pervez Taufiq said he, his wife, and three sons had flown into California from Cancun where they were confronted by a flyer who had been on the same United Airlines flight. “Your family is from India, you have no respect, you have no rules, you think you can push everyone, push, push, push,” the woman yelled as Taufiq recorded on Nov. 24. “That’s what you think you are. You guys are f–--ing crazy.” At the start of the video , she also held up both middle fingers at him. Taufiq, who grew up in Boston, said he first interacted with the “clearly” drunk woman during the flight when he went to check on his child sitting next to her. He claimed he learned that the woman asked his son if he was Indian and threatened to talk to his parents. On the shuttle bus between the plane and the terminal, Taufiq accused the woman of telling his children to shut up which prompted the verbal altercation. After Taufiq told her she should tell him again to have “more curry, right?,” she replied she was going “to record your f---ing tandoori ass.” Eventually, after a bystander informed United workers that the woman was the instigator, she was removed from the transport bus. United Airlines has not yet commented on the incident. A post shared by Pervez Taufiq (@ptaufiqphotography) Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. It’s finally here: Lululemon’s Black Friday event 2024 is officially here, and we think it’s one of the biggest post-Thanksgiving sales the brand has ever had. Aside from its ‘We Made Too Much Section,’ Lululemon doesn’t really offer sales or discounts, so if you’re a fan of the brand, this is your best chance to score up to 40 percent off women’s and men’s apparel and accessories. The Lululemon Cyber Monday event includes hundreds of items marked down between 20 to 50 percent off, including steeply discounted Wunder Under and Align leggings (two of the brand’s bestsellers), men’s running shorts , chic bomber jackets and so much more. Of course, because Lululemon rarely goes on sale, stock tends to run out quickly, so we suggest acting fast. Take advantage of Lululemon’s Cyber Monday markdowns now. Let Scouted guide you to the best Black Friday and Cyber Monday deals. Shop Here > Gwyneth Paltrow and Chris Martin’s daughter, Apple, is facing a backlash for an awkward moment at her debutante ball. Martin attended Le Bal des Débutantes in Paris on Saturday—known for debuting celebrity children and European royalty into society. In a now viral clip, Martin swoops in while another debutante is taking photos and strikes a pose. The debutante, French Countess Alienor Loppin de Montmont, appears to smile and walk away. Commenters were quick to slam Martin for “mean girl” behavior. “That looks like a scene in a teenage movie where the mean girl steals the show,” one commenter said. “She just came and stole that other girl’s thunder,” another wrote. Paltrow previously praised her daughter’s “beautiful” sense of entitlement, saying it would help pave the way for gender equality in the workforce. “They have, and I mean this word in the best possible way, a sense of ‘entitlement’ that’s beautiful. It’s not spoiled, [they] are here for what the boys are going to get too,” Paltrow explained to People . Paltrow attended the ball to support her daughter, along with her ex-husband, their son, Moses, and her mother. #applemartin #baldesdebutantes #chrismartin #gwynethpaltrow #valentinocouture Judi Dench’s pet parrot has an unexpected moniker for the legendary actress. “We had a long chat just now,” Dench told the Sunday Times of her rescue African grey parrot, who is named Sweetie. The name is ironic, given the way she talks to Dench. “You shouldn’t ask what she says. She says: ‘You’re a sl-t,’ ‘you’re a slag,’” she said. The parrot also has taken an interest in politics. “She has said ‘Boris Johnson’ but she didn’t get that from me,” she added. “She listens to the radio. My God, she’s funny though. She’s very, very funny. Everybody should have a parrot or a myna bird. Their voices are absolutely incredible.” Dench gave the interview to the Sunday Times to mark her 90th birthday on Dec. 9. “It’s just that you get a bit nervous when everybody says 90,” she said. “I don’t want to think of 90 much, I’m going to think about [turning] 29.” Dench added that she felt lucky to be turning 90 after the recent deaths of her friends and fellow actresses Barbara Leigh-Hunt and Maggie Smith. “I’m able to at least get from A to B and walk about and, golly, I’ve got a great deal to be grateful for.” Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. Neil deGrasse Tyson. Martin Scorsese. Bill and Hillary. Martha Steward. These are just some of the people we are unlikely to meet in person, but at least we can get up close and personal with them by taking their MasterClass online courses —and at a major discount for a limited time. The expert-led platform has a robust library of educational classes on far-ranging topics: science , music, arts , personal empowerment, and more. The classes are taught by industry experts and household names, including Gordon Ramsey, Mariah Carey, David Lynch, Jeff Koons, and many more. Right now, you can score up to 50 percent off on MasterClass subscriptions just in time for last-minute holiday gifting. Honestly, whether you waited until the last minute or not, you’ll be gifting the dad in your life with intelligent, cultured content and giving them the opportunity to learn something new from someone famous. Rep. Jamie Raskin (D-MD) has launched his bid against Rep. Jerry Nadler (D-NY) for the Democrats' top seat on the House Judiciary Committee. “After a week consulting most of our Colleagues and engaging in serious introspection about where we are, I am running today to be your Ranking Member on the House Judiciary Committee in the 119th Congress,” Raskin wrote in a letter to fellow House Dems on Monday. “This is where we will wage our front-line defense of the freedoms and rights of the people, the integrity of the Department of Justice and the FBI, and the security of our most precious birthright possessions: the Constitution and the Bill of Rights, the rule of law, and democracy itself.” A constitutional scholar, the Maryland rep led Donald Trump ’s second impeachment trial and was a member of the Jan. 6 select committee. He has served as the top Democrat on the Oversight committee during the current Congress . Raskin’s decision to run for Nadler’s committee seat comes amid several generational shifts and leadership clashes in the House and within the party. The fate of the high-profile committee leadership race is reportedly expected to be decided as soon as this week. The JonBenét Ramsey murder case is moving again, sources close to the investigation have said. The six-year-old’s body was found in the family basement with a ransom note on the morning of Dec. 26, 1996. She had been strangled and her skull was broken. There was evidence that she had also been sexually assaulted and unknown DNA was found under her fingernails and in her underwear. Now, sources have told ABC News that progress is being made. They told the publication that ultra-modern techniques are being applied to the case, in a move that offers fresh hope for the Ramsey family. A team of investigators has applied cold case techniques and taken in the opinions and guidance from top experts in their field, they added. However, there was no word on whether existing evidence is meaningful enough to inform charges. Her dad John Ramsey hopes new DNA technology could aid a renewed police investigation. Instagram , TikTok , YouTube , and the increasingly nightmarish hellscape that is MAGA billionaire Elon Musk ’s X are all behind the Oxford Word of the Year for 2024: “Brain rot.” The term—meaning “the supposed deterioration of a person’s mental or intellectual state, especially viewed as the result of overconsumption of material (now particularly online content) considered to be trivial or unchallenging”—was announced Sunday as the victor of a public poll on six words chosen by a group of language experts at Oxford University Press, which publishes the Oxford English Dictionary. Usage of “brain rot” increased by 230 percent between 2023 and 2024, Oxford University Press said, as more and more people have observed the impact of being deluged with content online, from news to social media posts to streaming videos. While “brain rot” has taken on a new power, the term first appeared in Walden , Henry David Thoreau’s 1854 transcendentalist treatise on living in nature, away from the perils of the overwhelming then-modern world, when instead of poorly written MAGA tweets people’s brains were haunted by deftly-penned Edgar Allan Poe short stories. The family of a Colorado woman who has been missing since before Thanksgiving said they have received “not good news” about their loved one. Jayna Lang, 46, disappeared after texting her brother on Nov. 24 to say she was heading for the Outlets at Silverthorne. She was last seen in Littleton, about 10 miles outside downtown Denver . “Sending this with broken hearts 💔 & tears!!! We were notified tonight with the not good news regarding my sister-in-law Jayna 😔,” wrote Lang’s sister-in-law Stacy Laigo-Horvat. “We want to send all the thanks & appreciation to everyone nationwide for the love & prayers during this horrible time! For all the efforts in finding her & the time this past week! Please keep my husband in your thoughts & prayers! Thank you & God Bless!! 🙏🏽❤️” No further details of the development were released. Lang’s family became alarmed after colleagues at A Clip Above Pet Styling in Centennial got in touch to say she hadn’t shown up for work. “Never, never did we ever think that she would be gone, and we don’t know where, where she’s at,” said Lang’s brother, Eric Horvat. “She was supposed to be going to Silverthorne to look at the factory shops on Sunday, and her job called us and said she didn’t show up,” he added. Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. Ever since I first tried my infrared sauna blanket in 2022, I’ve been addicted to its mood-boosting (it yields a post-run-like high!) and toxin-releasing benefits. While I believe the loftier sticker tag of these sauna blankets is entirely worth it, most of them will set you back around $600 or more, which is far from affordable. Fortunately, you can score 20 percent off the bestselling HigherDOSE Infrared Sauna Blanket and the brand’s other wellness tech during its Cyber sale. Free Returns | Free Shipping Aside from helping the body detox seven times faster than regular heat exposure by expelling toxins and heavy metals (not just sweat), one 30-minute session in the sauna blanket may even burn up to 600 calories without moving. That’s right; you can literally burn the same amount of calories you would from a HIIT fitness class while lying in bed. My sauna blanke t has been the best wellness investment ever made, and it’s worth every penny—especially when it’s on sale! While you can opt for the infrared sauna blanket alone, I highly recommend paying a little extra for the sauna blanket bundle , which includes everything you need to keep your device clean. Read my full review of the HigherDOSE Infrared Sauna Blanket. Click Here > Tim Teeman , Daily Beast senior editor and writer, won the Los Angeles Press Club ’s National Arts & Entertainment Journalism Award (online) for Diversity in the Music/Performing Arts Industry. His profile, Kara Young on ‘Purlie Victorious,’ Tony Awards, and Diversity on Broadway , was celebrated by the judges as “excellent.” Teeman had been nominated in 10 of the award categories including Online Journalist of the Year and Columnist of the Year. He received third place for the Online Journalist of the Year honor and second place for his reporting on celebrity news ( Real Housewives Creator: How to Make the Supreme Court Spouses Reality TV Stars ). Teeman also placed third in Personality Profile-TV, Performing & Other Arts, Theater Feature, Music Feature, and Entertainment Feature categories. A two-time winner of Journalist of the Year at the event, Teeman has won many awards for his writing there and at the New York Press Club and NLGJA (The Association of LGBTQ+ Journalists). Celebrity honorees at this year’s National Arts & Entertainment Journalism Awards included Kathy Bates, Tiffany Haddish, Melissa Etheridge, and Kevin Frazier. Donald Trump reacted to President Joe Biden’s sweeping pardon for his son, Hunter Biden, in a Sunday night statement—addressing the news only by claiming that the rioters convicted for their role in the Jan. 6, 2021, insurrection also deserved to be offered the same privilege. “Does the Pardon given by Joe to Hunter include the J-6 Hostages, who have now been imprisoned for years?” Trump wrote on his Truth Social platform. “Such an abuse and miscarriage of Justice!” Just hours earlier, the Trump campaign vowed to overhaul what it said was a “Democrat-controlled” Department of Justice that prosecuted Hunter Biden in the first place. “The failed witch hunts against President Trump have proven that the Democrat-controlled DOJ and other radical prosecutors are guilty of weaponizing the justice system,” Trump spokesperson Steven Cheung wrote in a statement. “That system of justice must be fixed and due process must be restored for all Americans, which is exactly what President Trump will do as he returns to the White House with an overwhelming mandate from the American people.” The Daily Beast Podcast episodes are released every Thursday. Like and download on Spotify , Apple Podcasts , YouTube , or your favorite podcast app. And click here for email updates as each new episode drops.
Stock market today: Wall Street ends little changed after giving up a big morning gainBy Hyunsu Yim and Joyce Lee SEOUL (Reuters) -South Korea's parliament began a session on Friday where a vote to impeach acting President Han Duck-soo over short-lived martial law is scheduled, as the Constitutional Court said it would swiftly decide suspended President Yoon Suk Yeol's fate. The push to impeach Prime Minister Han Duck-soo, who has been acting president since Yoon was impeached on Dec. 14 for declaring martial law on Dec. 3, has thrown South Korea's once-vibrant democratic success story into uncharted territory. Ahead of the parliamentary session, opposition leader Lee Jae-myung said his Democratic Party, which has majority control of parliament, will go ahead with the plan to impeach the acting president, accusing Han of "acting for insurrection". "The only way to normalise the country is to swiftly root out all the insurrection forces," Lee said in a fiery speech, adding the party was acting on the public order to eradicate those who have put the country at risk. There has been overwhelming public support for Yoon's removal, according to opinion polls conducted after his martial law attempt. The plan for a vote to impeach Han was unveiled on Thursday by the main opposition Democratic Party after he declined to immediately appoint three justices to fill vacancies at the Constitutional Court, saying it would exceed his acting role. It remained unclear how many votes are needed to impeach Han as acting leader. The threshold for a prime minister is a simple majority, while a two-thirds majority is needed for a president. It is also unclear whether Han and the ruling party would accept any outcome. If Han is suspended, Finance Minister Choi Sang-mok will assume the acting presidency by law. Lee's pledge to oust Han came minutes after Choi warned that impeaching the acting president would seriously damage the country's economic credibility and asked political parties to withdraw the plan. "The economy and the people's livelihoods are walking on thin ice under a national state of emergency and it cannot cope any greater political uncertainty that will result from another acting president assuming the acting presidency," he said. Choi spoke for the country's cabinet, flanked by ministers. The South Korean won weakened to a fresh low of 1,486.7 per dollar on Friday, the weakest since March 2009, as analysts said there was little to reverse the negative sentiment stemming from the political uncertainty. The vote to determine Han's fate comes on the same day the Constitutional Court held its first hearing in a case reviewing whether to overturn the impeachment and reinstate Yoon or remove him permanently from office. It has 180 days to reach a decision. Speaking for the court in a preparatory hearing, Justice Cheong Hyung-sik said the court will move swiftly on the case considering its gravity, denying a request by Yoon's lawyers for a postponement in proceedings to better prepare the case. In the hearing that wrapped up under an hour, the court set the next hearing for Jan. 3. Yoon Kap-keun, one of the lawyers representing the impeached president, later told reporters the legal team is still adding members and that Yoon himself plans to appear in person in the future. The hearing follows weeks of defiance by Yoon ignoring requests by the court to submit documents as well as summons by investigators in a separate criminal case over his martial law declaration. Yoon was not required to attend Friday's hearing. If he ousted, a new presidential election would be held within 60 days. WORST POLITICAL CRISIS IN DECADES The events following the Dec. 3 martial law declaration have plunged the country into its gravest political crisis since 1987, when widespread protests forced the ruling party of former military generals into accepting a constitutional amendment bringing in direct, popular vote to elect the president. Yoon shocked the country and the world with a late-night announcement on Dec. 3 that he was imposing martial law to overcome political deadlock and root out "anti-state forces". The military deployed special forces to the national assembly, the election commission, and the office of a liberal YouTube commentator. It also issued orders banning activity by parliament and political parties, as well as calling for government control of the media. But within hours 190 lawmakers had defied the cordons of troops and police and voted against Yoon's order. About six hours after his initial decree, Yoon rescinded the order. Yoon and senior members of his administration also face criminal investigations for insurrection. (Writing by Josh Smith, Jack Kim; Editing by Ed Davies and Michael Perry)