[What’s Next in Communications Technology?] Embracing the Next Generation of Communication: the Convergence of Technologies – Samsung Global Newsroom

The age of 5G is different from previous generations; businesses across various industries, not just the telecommunication field, are working hard to converge with the next-generation mobile communication industry. Users are increasingly looking ahead to a daily life characterized by large capacity, low latency and hyper-connected communication.

In the age of 5G, in which a wide range of cutting-edge technologies co-exist, Vice President Intaik Park chose softwarization as the technology that we should first turn our attention to. A hardware-based implementation needs replacements every time a new technology emerges, noted Park. But a product realized with software on a general-purpose server only requires software updates to implement and enable new technologies. We also anticipate that softwarization can greatly reduce facility investment and operation costs.

Many global companies are currently focusing on softwarization, thus gradually expanding the use of technologies. Conventionally, software application was limited just to core network equipment, but it has recently expanded to modem implementations that need to operate in real-time, something that was considered difficult to realize without specialized hardware. As network-related open-source projects such as Open Network Automation Platform (ONAP) emerge alongside the telecommunication industrys adoption of open-source systems for container management like Kubernetes from the IT industry, open-source software is spreading extensively throughout the communication industry, noted Park. He also explained that software development methods are changing too with the use of open-source software.

As well as softwarization, we also should be turning our attention to the role of artificial intelligence (AI) in communication networks. As communication technologies advance, so does their complexity and variety. This means that the need for AI is increasing, too. There have been many previous attempts to leverage AI for communications, just as with software. But in the next generation of communication, AI is set to emerge as the most indispensable technology.

As 5G operates on an ultra-high frequency (mmWave), it requires more base stations than LTE (Long Term Evolution) due to its shorter ranges. Furthermore, since base stations equipped with new technologies like network slicing have to adapt to their unique environments, the situation becomes much more complex. Leveraging AI for base station management so that they can be operated automatically and adjust to changing environments would reduce operation costs and optimize performance, said Park.

Whereas 5G involved implementing AI into communication technologies for efficiency and automation, we plan for AI to be embedded across all system components in 6G networks, said Park of the future of AI in communications. We expect AI to play an important role right from the design stages. Our plan is to converge the next-generation communication network with AI to make communication intelligent. Samsungs software and AI capabilities will have a huge synergizing effect on the industry.

Researchers at Samsungs Advanced Communications Research Centers advanced solutions team are charting the convergence of a variety of technologies

5G is a technology that has only just been introduced, meaning that there still many challenges to overcome. The key to the wide adoption of 5G technology is to identify applications (apps) that harness the particular advantages of 5G, noted Park. More apps capable of offering new services and values to people based on the core characteristics of 5G need to emerge.

Such apps that could win over the hearts and minds of users could potentially be realized using 5Gs ultra-low latency characteristic. Latency exists in every form of communication for example, watching the live broadcast of a football match on a 4G smartphone will mean that what is displayed is slightly behind the actual game.

By drastically reducing latency, apps that could not be realized previously due to a lack of storage or computing resources on devices could be enabled by offloading computation to remote servers in the form of real-time streaming, explained Park. Multi-access edge computing (MEC) technology brings the computing resources of a data center that may be physically far away from a user closer to further reduce the delays that have been already reduced thanks to 5G technologys ultra-low latency. This technology will be recognized as a key communications technology, along with 5G.

The telecommunications industry is laboring hard to overcome challenges and provide far-reaching, best-in-class services and values to users of the recently-commercialized 5G network, and Samsung Electronics is no exception. Samsung possesses an excellent foundation with which to create new solutions and services by merit of the companys wide portfolio of technologies that cover everything from mobile phones to telecommunication equipment. The development of 5G services and solutions based on both mobile devices and telecommunication equipment will be an area where Samsung can shine with its accumulated experiences in these industries, highlighted Park.

Key players in software and hardware development are now entering the communications industry. Manufacturers of CPU, GPU and other components are actively engaging their technologies through the softwarization of communication equipment. As edge computing such as MEC has taken on a vital role in the industry, cloud providers have also started to join the communications sector. Furthermore, the leaders of the automobile market are also getting involved with the communications market as attention on autonomous driving continues to grow. Companies from a variety of industries have turned their attention to the communications market, meaning that the market has a huge growth potential, noted Park. The competition will be fierce, but we will witness a lot of innovation, too.

Within this market landscape, Samsung plans to solidify its leadership through the convergence of its various technologies. Since the borders between varying industries are breaking down, communications technology is also converging with a wide range of other technologies, said Park. We will tailor our software, AI, cloud service and other technologies for the communications industry, one by one. When undergoing such changes, Samsung will firmly maintain its principles of communication while enhancing our competitive edge based on the experience we have gained through a long-time involvement in the ever-changing communications industry.

Park, who has worked in the software industry for a long time, is pioneering a new way in the communications industry. The move from local standards to global standards brought in more players as well as more opportunities, noted Park. Now, with softwarization and AI being applied, the industry has become an unpredictable land of opportunity. In the age of hyper connectivity, perhaps even the physical distance between things will fade away once everything converges. Let us see how far we can go to reduce that distance in the future. With this firm outlook, Park is set for success when facing the next challenges that may arise.

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[What's Next in Communications Technology?] Embracing the Next Generation of Communication: the Convergence of Technologies - Samsung Global Newsroom

Women Who Made Their Money in the Casinos – FemaleFirst.co.uk

28 July 2020

Forever dominated by droves of men testing their luck, the casino floor and the activity of gambling are often considered to be a game for the boys. However, anyone can accumulate the skill and knowledge needed to beat the casinos and the dominant players, with several women proving that.

Here are the women who gate-crashed the scene and earned their fortunes in casino games.

Alice Walker TV Champion

Las Vegas is famed the world over for the stars who take up residencies, like Lady Gaga, and its extravagant gambling houses. For three of the shows four seasons, Sin City was the host of the big-money World Series of Blackjack Tournament, which ran from 2004 to 2007.

The series was of such great intrigue because blackjack is a game of great skill and, as youll find when you learn about all the variations here, online blackjack has enough versions and facets that anyone can find a form that they enjoy and are good at playing. Whether you prefer something a bit different like crazy blackjack or more classic like pontoon, anyone can learn the game and build up their skill to conquer the tables.

WSOBs final season was likely the best, featuring celebrities like Shannon Elizabeth, Caroline Rhea, and Tiffany Michelle, but it was Alice Walker who would walk away as the champion. Having already won the Three-Card Poker Championship, which was also shown on television, Walker took the crown to remain as the final champion of the WSOB, landing a cool $500,000 in doing so.

Vanessa Selbst G.O.A.T

When it comes to the best female poker player of all-time, there isnt any doubt that the crown is worn by Vanessa Selbst. She would put in thegrind at tables all over the world and is now using her penchant for gambling on Wall Street.

The Brooklyn-native currently stands 68th on the all-time money list with a massive stack of $11.9 million in live poker earnings. Selbsts biggest live haul tallies at $1,823,430, which she landed on the Partouche Poker Tour in Cannes at the No-Limit Holdem Main Event. Her next-highest prize came by winning the No-Limit Holdem High Roller event in Barbados in 2013, reeling in over $1.4 million.

Jane Willis Ledgendary Team Member

While gambling is often a theme relayed in movies, one of the most notable films based on a true story is that of 21, which follows the story of the MIT Blackjack Team in Las Vegas.In the movie 21, Willis is portrayed by famous actress Kate Bosworth, who recently discovered a bear in her pool, but she says that her takings from the blackjack table have meant more than the money. Now, shes a successful litigator, putting her professional triumphs down to the mindset installed by training for the blackjack tables.

Alice Walker, Vanessa Selbst, and Jane Willis have all earned a fortune from conquering casino games, with poker and particularly the many forms of blackjack being their games of choice.

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Women Who Made Their Money in the Casinos - FemaleFirst.co.uk

Raytheon Technologies Reports Robust 2Q Results, Maintain Buy Rating – Forbes

(Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)

On July 28, 2020, Raytheon RTX Technologies Corporation (NYSE: RTX, $56.68, Market capitalization: $86.59 billion), a leading aerospace and defense company, reported robust 2Q20 results, beating the consensus revenue and Adjusted EPS comprehensively. The Company reported an adjusted sales of $14.3 billion in 2Q20 compared to $11.3 billion in 2Q19. However, the 2Q20 sales include legacy Raytheon business sales totaling about $6.9 billion. The Company reported an operating loss of $3.7 billion in 2Q20 versus an operating profit of $1.4 billion in 2Q19. The decrease in operating profit was primarily due to $3.2 billion in goodwill impairments in the Collins Aerospace business. The adjusted operating profit declined to $0.9 billion in 2Q20, down 46% YoY, as against $1.7 billion, while adjusted operating profit margin decreased by 840 bps to 6.2% in 2Q20. The Company reported a net loss of $3.9 billion as against net income of $1.2 billion in the prior-year period. In 2Q20, Raytheon reported an adjusted net income of $0.6 billion, down 44% YoY, as against $1.1 in 2Q19. The Company reported adjusted EPS of $0.4 per share, down 68% YoY, as compared to $1.24 per share in 2Q19.

Raytheon Technologies and Price Performance

Spin-Off Details

Valuation and Recommendation

We value Raytheon Technologies at $66.00 (Previously: $67.50) per share based on 2021e EV/ EBITDA multiple of 12.0x (Previously: 10.8x) for Pratt & Whitney (at ~2% premium to its peer median multiple), 12.8x (Previously: 9.5x) for Collins Aerospace (at ~2% premium to its peer median multiple), and 12.0x (Previously: 10.0x) for Raytheon legacy businesses (Raytheon Intelligence & Space and Raytheon Missiles & Defense) at ~6% premium to its peer median multiple. We retain our Buy rating on the stock with an implied upside of 16.4% from the current market price of $56.68 as on 7/31. The current valuation factors in the slowdown in the aerospace industry caused by the COVID-19 pandemic and are likely to affect the business in the near future. Nevertheless, with its strong balance sheet and ample liquidity, we believe RTX continues to be well-positioned to deliver value over the long term.

Key Data and Top 5 Shareholders

FY20 Outlook

Raytheon Technologies did not provide a traditional outlook due to the ongoing uncertainty regarding COVID-19. However, for Collins segment, the Company expects commercial OE sales to be down in line with OEM production levels and aircraft delivery schedules, and commercial aftermarket sales to be down in line with expected RPM declines and the impact of the ADSB mandate headwinds. For the Pratt segment, the Company expects commercial OE sales to be in line with the main OEM customers, similar to Q2, and commercial aftermarket sales to be down given the more than 50% decline in legacy shop visits. For the military portion of Collins and Pratt, the Company expects to see strength in military sales in mid-single-digit growth. In RIS and RMD segments, the Company did not change the outlook given in the first quarter and still expects RIS and RMD combined sales in the range of $22.1 22.6 billion and operating profi t in the range of $2.4-2.5 billion for the remaining of FY20.

For EPS, the Company expects Q3 to generally be in line with Q2 with some puts and takes, and then a gradual recovery beginning in Q4, as demand begins to return and more of cost actions are realized.

The Company still expects pro forma FY20 free cash fl ow for the full year of roughly $2 billion. This includes an outflow of $1.2 billion to $1.4 billion for merger cost restructuring and cash taxes on dispositions. Also, the Company expects capex spending in the range of $1.5-$1.7 billion. Overall, the Company expects the rest of the year to be challenging for the commercial aerospace segments. However, it continues to expect growth from the defense businesses and positioning the Company for a healthy recovery in the long term.

Other Business Updates

Bookings and Orders - Backlog at the end of 2Q20 was $158.7 billion, of which $85.6 billion was from commercial aerospace and a record $73.1 billion was from defense.

Notable defense bookings during the quarter included:

i) $2.3 billion on the Army Navy/Transportable Radar Surveillance-Model 2 (AN/TPY-2) radar program for the Kingdom of Saudi Arabia (KSA) KSA at Raytheon Missiles & Defense (RMD)

ii)$1.4 billion on a number of classified programs at Raytheon Intelligence & Space (RIS)

iii)$299 million for Standard Missile-3 (SM-3) for the Missile Defense Agency (MDA) and an international customer at RMD

iv) In addition, during the quarter RMD was selected by the U.S. Air Force to develop the Long-Range Standoff Weapon (LRSO).

Cost-cutting Plan - The Companys cost-cutting plan is on track. During 2Q20, RTX reported $600 million of $2 billion planned cost reduction and $1 billion of $4 billion planned cash conservation targets.

Quarterly Cash Dividend - On 6/8, RTXs Board of Directors declared a quarterly dividend of $0.475 per share, payable on September 10, 2020, to shareowners of record on August 14, 2020.

Collins Aerospace - Collins Aerospace Systems has developed and introduced the only Cabin Air Recirculation high-efficiency particulate air (HEPA) filter installation kit for use on Dash 8 aircraft. The HEPA filter kit mounts inside an aluminum enclosure along with a prefilter and together trap at least 99.97% of the harmful airborne particles that have a diameter of 0.3 micron. These include bacteria, viruses, pollen, dust, mites and other microscopic airborne contaminants in aircraft environmental control systems.

Pratt & Whitney - P&W-powered helicopters, by Pratt & Whitney Canada engines, have proven to be critical assets during the COVID-19 pandemic, providing key support in emergency medical operations and transportation missions.

Raytheon Intelligence & Space (RIS) - Raytheon Intelligence & Space will build two prototype sensor payloads for DARPAs Blackjack program, under a new contract awarded by DARPA. Blackjack is a low Earth orbit satellite constellation program that aims to develop and demonstrate the critical elements for persistent global coverage against a range of advanced threats. It seeks to track multiple threats simultaneously for the faster and earlier warning for national security.

Raytheon Missiles & Defense (RMD) - Raytheon Missiles & Defense shipped the first three arrays for the Air & Missile Defense Radar (AMDR), to the U.S. Navy during the second quarter. AMDR, part of the SPY-6 family of radars, will provide significantly enhanced range and sensitivity for U.S. Navy Flight III destroyers.

2Q20 Results Review

In 2Q20, adjusted sales came in at $14.3 billion versus $11.3 billion in the 2Q19. The total sales comprise of $3.6 billion from Pratt & Whitney, $4.3 billion from Collins Aerospace, $3.3 billion from RIS and $3.6 billion from RMD. The Company reported an operating loss of $3.8 billion in 2Q20, as compared to an operating profit of $1.4 billion in 2Q19. However, the Company recorded a goodwill impairment charge of $3.2 billion in 2Q20. In 2Q20, adjusted operating profit declined to $0.9 billion, down 46.5% YoY, as against $1.7 billion, while adjusted operating profit margin decreased by 840 bps to 6.2%. In 2Q20, the Company reported a net loss of $3.8 billion as against net income of $1.2 billion in the prioryear period. In 2Q20, the Company reported an adjusted net income of $0.6 billion, down 44.4% YoY, as against $1.1 in 2Q19. The Company reported adjusted EPS of $0.4, down 67.7% YoY as compared to $1.24 in 2Q19.

2Q20 Results Review

1H20 Results Review

In 1H20, sales increased to $25.4 billion, up 14.1% YoY, as compared to $22.3 billion in the 1H19. The total sales comprise $8.8 billion from Pratt & Whitney, $10.6 billion from Collins Aerospace, $3.3 billion from RIS, and $3.6 billion from RMD. In 1H20, adjusted operating profit declined to $2.6 billion, down 22.2% YoY, as against $3.3 billion, while adjusted operating profit margin decreased by 480 bps to 10%. In 1H20, the Company reported a net loss of $3.4 billion against net income of $1.9 billion in the prior-year period. In 1H20, the Company reported adjusted net income of $1.7 billion, down 19.5% YoY, as against $2.2 in 1H19. The Company reported adjusted EPS of $1.42, down 43.7% YoY as compared to $2.52 in 1H19.

Segmental Information

Pratt & Whitney

In 2Q20, Pratt & Whitney adjusted sales declined to $3.6 billion, down 30% YoY, as compared to $5.2 billion in 2Q19, primarily due to the pandemics impact on OEMs and operators. Commercial OEM sales were down 42% YoY, and commercial aftermarket sales were down 51% YoY, partially offset by military sales, which were up 11% YoY. The decrease in commercial sales was due to a significant reduction in shop visits and related spare part sales and commercial engine deliveries principally driven by the current economic environment. The Company recorded an adjusted operating loss of $151 million for 2Q20, compared to an adjusted operating profit of $452 million in 2Q19. The decrease in adjusted operating profit was due to lower commercial aftermarket sales volume and unfavorable mix.

Pratt & Whitney Adjusted Sales 2Q20

For 1H20, adjusted sales declined to $8.9 billion, down 10% YoY, as compared to $10 billion in the prior-year period. In 1H20, adjusted operating profit recorded at $0.4 billion, down 61% YoY, as against $0.9 billion, while adjusted operating profit margin decreased by 540 bps to 4.1%.

Collins Aerospace

In 2Q20, Collins Aerospace adjusted sales declined to $4.3 billion, down 35% YoY, as compared to $6.6 billion in 2Q19, primarily due to the adverse impacts of COVID-19 on the aerospace industry. Commercial OEM sales were down 53%, and commercial aftermarket was down 48%, partially offset by military sales, which up 10%. The decrease in commercial sales was due to the current economic environment, which has resulted in lower flight hours, aircraft fleet utilization, and commercial OEM deliveries. The Company recorded an adjusted operating proft of $24 million, down 98% YoY, from $1.3 billion in 2Q19. The decrease in adjusted operating profit was due to lower commercial aerospace OEM and aftermarket sales volume.

Collins Aerospace Adjusted Sales 2Q20

For 1H20, adjusted sales declined to $10.8 billion, down 18% YoY, as compared to $13.1 billion in the prior-year period. In 1H20, adjusted operating profit was $1.3 billion, down 48% YoY, as against $2.5 billion, while adjusted operating profit margin declined by 700 bps YoY to 12.2%.

Raytheon Intelligence & Space

Raytheon Intelligence & Space includes legacy Raytheon Companys Intelligence, Information, and Services segment and Space and Airborne Systems segment. In 2Q20, the RIS segment reported sales of $3.3 billion. The segment reported an operating profit of $311 million, with a margin of 9.4% in 2Q20. 2Q20 results do not include the RIS pre-merger stub period from March 30, 2020, to April 2, 2020, which had an estimated $200 million of sales and $20 million of operating profit.

Raytheon Intelligence & Space

Raytheon Missiles & Defense

Raytheon Missile & Defense

Raytheon Missiles & Defense includes legacy Raytheon Companys Missile Systems segment and Integrated Defense Systems segment. In 2Q20, the RMD segment reported sales of $3.6 billion. The segment reported an operating profit of $397 million, with a margin of 11.1% in 2Q20. 2Q20 results do not include the RMD pre merger stub period from March 30, 2020, to April 2, 2020, which had an estimated $200 million of sales and $25 million of operating profit.

Valuation

Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services under four industry-leading businesses - Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense.

EV/EBITDA Valuation: We value Raytheon Technologies at $66.00 (Previously: $67.50) per share based on 2021e EV/ EBITDA multiple of 12.0x (Previously: 10.8x) for Pratt & Whitney (at ~2% premium to its peer median multiple), 12.8x (Previously: 9.5x) for Collins Aerospace (at ~2% premium to its peer median multiple), and 12.0x (Previously: 10.0x) for Raytheon (at ~6% premium to its peer median multiple). Our valuation also takes into account net pension and post retirement obligations of $14.97 billion. We retain our Buy rating on the stock with an implied upside of 16.4% from the current market price of $56.68 as on 7/31. The current valuation factors in the slowdown in the aerospace industry caused by the COVID-19 pandemic and which will continue to affect the business in the near future. However, RTX has a diversified portfolio, and its defense business is expected to offset near term commercial aerospace headwinds. Nevertheless, with its strong balance sheet and ample liquidity, we believe RTX continues to be well-positioned to deliver value over the long term.

2021e EV-EBITDA Raytheon Technologies

Peers

Company Description

Raytheon Technologies (RTX)

Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. It comprises four industry-leading businesses - Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense. The Company delivers solutions that push the boundaries in quantum physics, electric propulsion, directed energy, hypersonics, avionics and cybersecurity. The Company, formed through the combination of Raytheon Company and the United Technologies Corporation UTX aerospace businesses, is headquartered in Waltham, Massachusetts.

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Raytheon Technologies Reports Robust 2Q Results, Maintain Buy Rating - Forbes

Salsa Technology and Atomo Gaming form partnership bond – iGaming Business

Salsa Technology and Atomo Gaming have joined forces to form an exciting content exchange partnership.

Atomo Gaming, a joint venture between ESA Gaming and Italtronic, will now have access to Salsa Technologys library of video bingo games. Candy Bingo, Super Zodiac Bingo and Farm Bingo are just a few of the popular games included in the deal.

The partnership will also see ESAs EasySwipe games portfolio integrated onto Salsa Technologys Game Aggregation Platform (GAP) and made available to operator partners in Latin America and beyond.

ESA Gamings EasySwipe product is a lightweight HTML5 mobile-first game family that integrates seamlessly into sportsbooks, allowing users to easily swipe in and out to enjoy the best-quality casino games without disrupting the sports betting experience. Games include traditional roulette and blackjack as well as the popular fruit-themed slot Fruit Staxx.

Commenting on the announcement, Salsa Technologys CEO, Peter Nolte, said: We are thrilled to partner with Atomo Gaming and to be able to offer ESA Gamings exciting portfolio of games to our platform partners.

Cross-selling is becoming increasingly more important and with ESAs product, operators can easily offer fun and easy to understand casino side games to bettors within their betting experience. Our proprietary games exchange will be of great benefit to both parties.

Zorica Smallwood, CEO at ESA Gaming, followed: Partnering with Salsa Technology will enable us to reach a wide new audience and is an important step for us as we focus on expanding in the Latin American region and beyond.

We have seen a lot of interest in our innovative products and were excited to launch our games with Salsa Technologys platform partners and its players.

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Salsa Technology and Atomo Gaming form partnership bond - iGaming Business

Roger McNamee – Wikipedia

Roger McNamee (born 1956)[1] is an American businessman, investor, venture capitalist and musician. He is the founding partner of the venture capital firm Elevation Partners. Prior to co-founding the firm, McNamee co-founded private equity firm Silver Lake Partners and headed the T. Rowe Price Science and Technology Fund.

McNamee is also a touring musician, first as a founding member of the Flying Other Brothers, and more recently in that group's follow-on band, Moonalice. Counting two groups, McNamee estimated that he had played 800 shows as of 2009.[4]

McNamee was born on 2 May, 1956 in Albany, New York.[1] His father, Daniel, was an investment banker. He was the president of the Albany chapter of the Urban League. Barbara, his mother, was a feminist during the 60s. When McNamee was 12 years old, he protested against the Vietnam War, and volunteered for Eugene McCarthy's campaign for president. [5] He has a BA in history from Yale University and an MBA from the Tuck School of Business at Dartmouth College.[6][1]

McNamee joined T. Rowe Price as an analyst in 1982, after receiving his M.B.A. from the Tuck School of Business.[3]

By 1989 he was leading the firm's Science & Technology Fund, a period when the fund returned about 17% annually to investors[7] and, in a move atypical for mutual funds, he made venture capital investments in Electronic Arts (which went public in 1989) and Sybase (which had its IPO in 1991).[8]

In 1991 McNamee co-founded Integral Capital Partners with John Powell and venture capital firm Kleiner Perkins to invest in expansion stage private companies and growth-stage public companies.[9]

In 1999, McNamee was one of the founding partners of leveraged buyout firm Silver Lake Partners.[10]

In 2004, McNamee co-founded Elevation Partners along with a number of other investors including U2 frontman Bono. He currently serves as its Managing Director.[11] Elevation Partners investments have included Palm, Inc., Forbes, and Facebook.[12]

McNamee is also a musician. He played in the band Flying Other Brothers from 1997 to 2006,[13] and now[when?] plays with the band Moonalice, using the stage persona of "Chubby Wombat Moonalice."[7] In 2014 he formed a duo with Jason Crosby called the Doobie Decibel System.[14] In 2015, The Doobie Brothers sued the band over the name.[15]

With Elevation Partners "perhaps best known for its early investment in Facebook," McNamee said in 2013, for him, music and technology have converged.

He became expert on Facebook by using it to promote ... Moonalice, and now is focusing on video by live-streaming its concerts. He says musicians and top professionals share the almost desperate need to dive deep. This capacity to obsess seems to unite top performers in music and other fields.[16]

McNamee is the co-writer of the Moonalice song "It's 4:20 Somewhere".[17] In August 2012 the Rock and Roll Hall of Fame announced that the digital logs for "Its 4:20 Somewhere" had been acquired for its library and archives, describing the Moonalice logs as helping to "...tell the story of musics digital revolution; specifically the rise of direct-from-artist (DFA) distribution. Moonalice is the first band without a label to achieve one million downloads of a song from its own servers, direct-from-artist. Its 4:20 Somewhere has been downloaded over 4.6 million times".[18][19]

According to The New York Times, McNamee has been instrumental in arranging at least two $500,000 donations to the Wikimedia Foundation.[20][21] Roger McNamee is a member of the Wikipedia Foundation's advisory board, and acts "as a special advisor to the Executive Director on business and strategy issues."[22]

Bill Gates wrote in his book The Road Ahead: "Roger was a great sounding board for many of the ideas I wrote about".[7] Mark Zuckerberg (who met McNamee in summer 2006 at a time when Facebook reportedly had buyout offers of around $750 million) said McNamee was "emphatic" that Facebook not be sold; Zuckerberg stated he "clearly cared about building something long-term and about the impact of the things we build as opposed to just making money in the short term," advice that Portfolio.com called "prescient": in October 2007, Facebook sold just 1.6 percent of the company to Microsoft for $240 million.[7] McNamee himself confirmed that.[23]

In the autumn of 2017 McNamee met with US legislators who were preparing to investigate Russian meddling in the 2016 US elections. McNamee had prepared for them a curriculum, stating that the real problem was the divisions social media platforms were creating among Americans, of which Adam Schiff, member of the House Intelligence Committee said, "Roger was really ahead of the curve. Time has borne out his warnings."[5]

McNamee has been heavily involved in the creation of the Haight Street Art Center which celebrates San Francisco's tradition of music-related poster art. He donated $1 million to help fund the Center, and has committed an additional $1 million to help keep it operating.[24]

An early investor in Facebook, McNamee became very critical of its impact on society and US democracy, as expressed in his Op-Eds for USA Today and The Guardian[25][26] Earlier, on CNBC, he said that he had tried to warn Facebook about the impact of Russian meddling in the 2016 U.S. elections.[27] He has also been interviewed by NPR on the topic.[28] As part of this effort, McNamee joined Time Well Spent as a Founding Advisor.[29]In May 2019, he appeared before the House of Commons privacy and ethics committee in Ottawa, calling for governments to temporarily shut down Facebook and other social media sites until they reform.[30]

McNamee wrote the book, Zucked: Waking Up to the Facebook Catastrophe, published by Penguin Press February 5, 2019.[31]

McNamee has been married to the musical theorist and singer/songwriter Ann McNamee since 1983. The couple founded an elephant sanctuary in Tehama County, northern California, now known as Tembo Preserve.[32][33][34][35]

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Roger McNamee - Wikipedia

Haywire movie review & film summary (2012) | Roger Ebert

Mallory is played by Gina Carano, a retired mixed martial arts fighter. Her range is suggested by having placed No. 5 on a Most Influential Women list on Yahoo! and No. 16 on Maxim's Hot 100. On the basis of "Haywire," I expect her to become a considerable box-office success, because the fact is, within a limited range, she's good. In the movie's first scene, she walks into a little cafe in upstate New York, sits down, sips a little tea and had me hooked. She has the no-nonsense beauty of a Noomi Rapace, Linda Fiorentino or Michelle Monaghan.

She plays an employee of a murky special contractor of the U.S. government; it's a firm that specializes in performing dirty work on assignment. Its own agents and enemy agents, who sometimes seem interchangeable, spend a great deal of time deceiving and double-crossing one another, and Mallory discovers during the course of the film that (spoiler, I guess) she can't trust anyone. Why so many people want to kill her is a mystery, because she is so gifted at her job.

Carano is wonderfully athletic, which is just as well, because she spends most of the film being wonderfully athletic. Although you never know in this age of special affects exactly what is real in a martial arts scene, let it be said she really does seem to be personally performing some impressive fight moves; there are the same elegant moments we remember from Bruce Lee and Jackie Chan, who were blindingly fast and ingenious in the way they improvised using walls, angles, furniture and the bodies of others.

Soderbergh is a master craftsman whose work moves almost eagerly between genres. This is his first martial arts film, and he correctly assumes that the audience isn't interested in hearing a lot of dialogue. Lesser directors would use that as an excuse to rely entirely on action and lowball the words. Not Soderbergh and his screenwriter, Lem Dobbs, who wrote "Dark City," is the son of the famous painter R.B. Kitaj and lifted his pen name from the Bogart character in "The Treasure of the Sierra Madre."

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Haywire movie review & film summary (2012) | Roger Ebert

Men’s Wearhouse, Jos. A. Bank Parent Company Files For Bankruptcy : Coronavirus Live Updates – NPR

An employee works inside a Jos. A. Bank retail store in San Francisco. The parent company Tailored Brands earlier said it would close up to 500 stores and cut 20% of corporate jobs. Justin Sullivan/Getty Images hide caption

An employee works inside a Jos. A. Bank retail store in San Francisco. The parent company Tailored Brands earlier said it would close up to 500 stores and cut 20% of corporate jobs.

A collapse in demand for suits and other office attire is leading another storied retailer across the brink, with the parent company of Men's Wearhouse and Jos. A. Bank filing for bankruptcy.

Parent company Tailored Brands had been struggling with debt and flagging demand before the coronavirus pandemic. But the temporary store closures and collapse in apparel sales during the health crisis took their toll.

Tailored Brands which also owns Moores Clothing for Men and K&G brands said in mid-July it would it would shutter up to 500 stores and cut 20% of corporate jobs.

Men's Wearhouse and Jos. A. Bank are joined in pandemic bankruptcy by upscale rival men's clothier Brooks Brothers, preppy retailer J. Crew, the women's retail group that owns Ann Taylor and Loft, as well as department stores Lord & Taylor, Neiman Marcus and J.C. Penney, among others.

"The unprecedented impact of COVID-19 requires us to further adapt and evolve," Tailored Brands CEO Dinesh Lathi said in a statement announcing the bankruptcy late on Sunday. "Reaching an agreement with our lenders represents a critical milestone toward our goal of becoming a stronger Company that has the financial and operational flexibility to compete and win in the rapidly evolving retail environment."

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Men's Wearhouse, Jos. A. Bank Parent Company Files For Bankruptcy : Coronavirus Live Updates - NPR

Windstream posts 2Q loss of $162 million as bankruptcy exit looms – talkbusiness.net

As it exits bankruptcy and re-emerges as a private company, Little Rock-based Windstream Holdings reported a second quarter net loss of $162.4 million on Thursday (July 30).

Windstream reported quarterly revenues of $1.185 billion, down from $1.286 billion a year ago. Its second quarter net loss of $162.4 million was in improvement from a year-ago loss of $544.1 million. Net loss per diluted share was $3.80 versus $12.76 one year ago.

Embroiled in bankruptcy negotiations for more than a year, Windstream has shed more than $4 billion in corporate debt, renegotiated terms with its largest vendors, and is moving to reposition itself as high-speed broadband and enterprise service provider. Windstream has secured approximately $2 billion in new capital to expand 1 gig Internet service in rural America.

Windstream delivered solid second-quarter results bolstered by strong consumer broadband growth and increasing demand for enterprise strategic products and services. With our plan of reorganization confirmed by the court, we are poised to emerge later this summer from restructuring stronger than ever to expand broadband to rural America and help businesses succeed in the digital transformation, said Tony Thomas, president and CEO of Windstream.

Additional quarterly highlights include:

For the three months ended June 30, 2020, Windstream added more than 22,000 Kinetic broadband customers, representing the companys highest quarterly net add growth in over a decade.For the first six months of the year, its kinetic division added more than 40,000 net new broadband customers, surpassing the companys full-year guidance of 40,000 new broadband customers. As a result, the company is increasing its 2020 full-year guidance to 60,000 net broadband customers.Enterprise strategic revenues grew 24% for the first six months of the year compared to the same period a year ago.

BANKRUPTCY EXITIn late June, a federal bankruptcy court in New York signed off on Windstreams exit plan, a move expected to result in a late August resolution.

Windstream initially filed for Chapter 11 bankruptcy a year ago after a legal ruling by U.S. District Judge Jesse Furman in New York determined that it had violated bond agreements after splitting off the former Communications Sales & Leasing (CS&L) in April 2015. CS&L was the previous name of Uniti, a real estate investment trust that was spun out of Windstream and manages its fiber optic network.

Furmans decisive ruling arose from challenges by Aurelius Capital Management and U.S. Bank National Association that the 2015 deal was invalid under the terms of a debt exchange offer and consent solicitations in respect to senior notes issued by its Windstream Services LLC to finance the spinoff. The court further ruled that Aurelius was entitled to a $310.5 million judgment, plus interest from and after July 23, 2018.

At the time of the ruling, Windstream said it would bankrupt the company, which led to the Chapter 11 filing. It also led Windstream, a former Fortune 500 company, to be delisted on the NASDAQ stock exchange.

The biggest obstacle to resolving the bankruptcy status was between Windstream and Uniti.

In a settlement announced in March and approved in May, Uniti agreed to invest up to $1.75 billion in growth capital improvements, consisting of long-term fiber and related assets in certain Windstream properties over the initial term of new leases.

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Windstream posts 2Q loss of $162 million as bankruptcy exit looms - talkbusiness.net

Bankruptcy court will try to resolve a fight between Neiman Marcus and its creditors – The Dallas Morning News

There are two Neiman Marcus stories playing out these days.

One is about how the luxury chain based in Dallas can survive the pandemic and exit bankruptcy as the largest of its class.

The other is a dramatic, high-stakes fight over an asset unfolding in bankruptcy court.

A Neiman Marcus creditors committee believes that Munich-based MyTheresa, a luxury e-commerce business, was improperly transferred by Neimans board in September 2018 from the retailer to its owners at the time, Ares Management and the Canada Pension Plan Investment Board.

Ares and the pension fund led the $6 billion leveraged buyout in 2013 that left Neiman Marcus with unsustainable debt and sent it into bankruptcy court after the pandemic shuttered its stores.

The committee says that when that transfer happened, the board inflated the total assets of Neiman Marcus by billions of dollars to prove that the retail chain had sufficient capacity to make the transfer.

The Dallas-based retailer valued its business at more than $7 billion in 2018 before the transfer of MyTheresa. The committee said in its filing Friday that its investigation valued the retailer at $3.9 billion at the time, which means it was insolvent.

Neiman Marcus contended in court documents that it was paying its bills and was not insolvent. The transfer of assets from an insolvent company is a fraudulent transaction under bankruptcy law and can result in the asset being moved back within the reach of creditors.

There is also ample indirect evidence of fraudulent intent and multiple badges of fraud. In approving and effectuating the distribution, the [Neiman Marcus Group] Board was presented with various alternatives, including the option of paying fair value for the MyTheresa asset, but chose to upstream the asset for no consideration, the committee said in its report.

U.S. Bankruptcy Judge David Jones authorized the committee to investigate the transfer of MyTheresa after a long hearing in June during which he concluded that the witnesses to the transfer Neiman Marcus presented were unprepared, uneducated and borderline incompetent.

The lawyers for the creditors committee, Neiman Marcus and the private equity former owners of Neiman Marcus reached an agreement Friday to release the redacted documents.

The issue was to be heard at a hearing Tuesday that has now been rescheduled for Thursday.

The creditors of Neiman Marcus say the MyTheresa transfer was an asset grab by Ares and the Canada Pension Plan Investment Board. The committee believes that creditors have legal claims to the MyTheresa asset in the Neiman Marcus bankruptcy case.

The fight over MyTheresa is not new. Bondholder Marble Ridge Capital has been raising the issue the past two years, including in Dallas County District Court, where it lost a case on a technicality. Marble Ridge is one of the nine representatives on the creditors committee, along with Chanel, Este Lauder, Rakuten and others.

It all started in March 2017 when Neiman Marcus moved MyTheresa into an unrestricted subsidiary that wasnt tied to the companys almost $5 billion of debt. At the time, the creditors committee report said, MyTheresa was valued at $670 million, and it was valued at $822 million when the ownership transfer was made in 2018.

MyTheresa had appreciated to $976 million by the time Neiman Marcus filed for bankruptcy, according to the creditors report.

Ares responded in a court filing that Neiman Marcus creditors knew about the transfer and approved it.

Its not clear how or whether the issue will be resolved, but at a hearing Friday, lawyers representing all parties agreed that no one wanted to obstruct Neiman Marcus goal to exit bankruptcy this fall.

Other major issues expected to be presented to the bankruptcy court for approval Thursday include store closings and bonuses for top executives.

Twitter: @MariaHalkias

Looking for more retail coverage? Click here to read all retail news and updates. Click here to subscribe to D-FW Retail and more newsletters from The Dallas Morning News.

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Bankruptcy court will try to resolve a fight between Neiman Marcus and its creditors - The Dallas Morning News

Coronavirus: All the latest news about COVID-19 in South …

Second wave of relief fund applications 'to be advertised' - Deputy Minister Nocawe Mafu

The department of Sports, Arts and Culture has set aside R77 million for the second phase of their Covid-19 relief fund for artists and athletes. Of that amount, R11 million is being ring-fenced for contribution towards the partnership with the Department of Small Business Development.

The time frame for applications is yet to be established, said deputy minister Nocawe Mafu.

"The second wave of applications for [the] relief fund will be advertised. Practitioners will be given two weeks from date of advertisement to apply as communicated," she said during a media briefing in Pretoria on Monday.

To date, R61 million has been disbursed to beneficiaries. The department received 5 322 applications in the categories of sport, digital, as well as arts, culture and heritage.

Through the adjudication and appeals processes 4 602 applications were recommended.

The partnership with the Department of Small Business Development to jointly set aside R22 million was explained by Minister Nathi Mthethwa as "a response to a plea from the Cultural & Creative Industries Federation of South Africa (CCIFSA) for the Craft, Design and Visual Arts sectors towards relief amid the Covid-19 pandemic."

A Memorandum of Agreement will be entered into on how the funds will be administered, he said.

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Coronavirus: All the latest news about COVID-19 in South ...

COVID-19 Daily Update 7-31-2020 – 5 PM – West Virginia Department of Health and Human Resources

The West Virginia Department of Health andHuman Resources (DHHR)reports as of 5:00 p.m., on July 31, 2020, there have been 283,848 totalconfirmatory laboratory results receivedfor COVID-19, with 6,642 total cases and 116 deaths.

Inalignment with updated definitions from the Centers for Disease Control andPrevention, the dashboard includes probable cases which are individuals that havesymptoms and either serologic (antibody) or epidemiologic (e.g., a link to aconfirmed case) evidence of disease, but no confirmatory test.

CASESPER COUNTY (Case confirmed by lab test/Probable case):Barbour (29/0), Berkeley (623/22), Boone (76/0), Braxton (8/0), Brooke(59/1), Cabell (306/9), Calhoun (6/0), Clay (17/0), Doddridge (4/0), Fayette(126/0), Gilmer (16/0), Grant (67/1), Greenbrier (85/0), Hampshire (73/0),Hancock (93/4), Hardy (53/1), Harrison (182/1), Jackson (157/0), Jefferson(283/5), Kanawha (785/13), Lewis (25/1), Lincoln (61/0), Logan (133/0), Marion(166/4), Marshall (122/2), Mason (45/0), McDowell (25/1), Mercer (138/0),Mineral (107/2), Mingo (119/2), Monongalia (880/16), Monroe (18/1), Morgan(25/1), Nicholas (30/1), Ohio (248/0), Pendleton (36/1), Pleasants (7/1),Pocahontas (40/1), Preston (99/23), Putnam (158/1), Raleigh (166/6), Randolph(204/3), Ritchie (3/0), Roane (14/0), Summers (6/0), Taylor (51/1), Tucker(9/0), Tyler (12/0), Upshur (36/2), Wayne (180/2), Webster (3/0), Wetzel(40/0), Wirt (6/0), Wood (222/11), Wyoming (20/0).

Ascase surveillance continues at the local health department level, it may revealthat those tested in a certain county may not be a resident of that county, oreven the state as an individual in question may have crossed the state borderto be tested. Suchis the case of Nicholas,Preston, Summers, and Wyoming counties in this report.

Please note that delays may be experiencedwith the reporting of information from the local health department to DHHR.

Please visit the dashboard at http://www.coronavirus.wv.gov for more detailed information.

Additionalreport:

Toincrease COVID-19 testing opportunities, the Governor's Office, the HerbertHenderson Office of Minority Affairs, WV Department of Health and HumanResources, WV National Guard, local health departments, and community partnerstoday provided free COVID-19 testing for residents in counties with highminority populations and evidence of COVID-19 transmission.

The testing resulted in 195 individuals tested in Gilmer County (first day oftwo-day testing event). Please note these are considered preliminary numbers.

Testing will be held tomorrow in Gilmer andMarion counties in these locations.

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COVID-19 Daily Update 7-31-2020 - 5 PM - West Virginia Department of Health and Human Resources

Here’s What Missouri’s Revenue And Budget Look Like Amid COVID-19 – NPR

This story is part of an NPR nationwide analysis of states' revenue and budgets during the pandemic.

In Missouri, declining revenues prompted Republican Gov. Mike Parson to withhold hundreds of millions of dollars from the 2021 fiscal year budget which began on July 1. That included substantial cuts to universities and colleges, as well as reductions to state money that went to K-12 schools.

"COVID-19 is unlike anything we have ever experienced before," Parson said in a statement. "As difficult as these decisions are, we are experiencing an unprecedented economic downturn, which meant we are having to make unprecedented adjustments in our budget."

Parson also had to withhold money from the 2020 budget, which stretched from July 1, 2019, to June 30, 2020, because Missouri, like most states, must have a balanced budget every year. And voters in Missouri do not have an appetite for tax increases.

Some Democratic lawmakers pointed out that this all came several years after the GOP-controlled Legislature cut taxes which they warned at the time could lead to longer-term consequences.

"Every time Republicans chipped away at Missouri's revenue base, Democrats warned these short-sighted decisions would pay a terrible dividend when the next economic downturn hit, and there always is a next one," said House Minority Leader Crystal Quade, a Democrat from Springfield.

Jason Rosenbaum is a politics correspondent for St. Louis Public Radio.

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Here's What Missouri's Revenue And Budget Look Like Amid COVID-19 - NPR

Covid-19 is making Americans wish they had more cash set aside. Taking these steps can help you save – CNBC

If you're like many Americans, the Covid-19 pandemic has prompted a financial reality check: You haven't saved enough.

A recent Bankrate survey found that 55% of Americans have regrets over their emergency savings, or lack thereof.

Experts agree that having an emergency fund can help you whether you face a job loss or other unexpected event.

Yet you may not know how or where to start, particularly now that the Federal Reserve has kept interest rates near zero, which means you will make less interest on your money.

These tips can help you get started.

If you do not make saving a habit, you likely won't be able to successfully build an emergency fund.

The best way to make sure you get it done: Set up a direct deposit from your paycheck into a dedicated savings account, said Greg McBride, chief financial analyst at Bankrate.

"That way, the savings happens even before you roll out of bed on payday morning," McBride said.

If instead you wait to put the funds in the account after you're paid, you run the risk that you won't have the money or will make deposits inconsistently, he said.

The best place to keep your emergency fund is often an online savings account, experts say.

"Online savings accounts have the best returns, so you can preserve the buying power of that money," McBride said.

Having that stash of extra cash means you'll be ready when an unexpected expense or an unforeseen opportunity arises.

"You want emergency savings that is going to be like your spouse," McBride said. "It is going to be your partner for life."

Experts generally recommend having at least six months' worth of living expenses on hand. If you're a business owner or sole breadwinner, nine to 12 months is more ideal, McBride said.

Having insurance from the the Federal Deposit Insurance Corp. on the money you've put into savings is key. That way, up to $250,000 of your deposit is typically covered per bank.

You can verify your bank is covered by going to the FDIC website, McBride said. Often, you financial institution will include the name under which they are listed with the FDIC at the bottom of their website.

It's also important to pay attention to what kind of account you have.

More from Your Money Your Future:Here are the hidden benefits of a Roth IRA conversionHow to pay off student loans while saving for retirementDon't miss the tax advantages of this savings account

Money market funds are generally considered safe, McBride said. But during the 2008-09 Financial Crisis, one large fund broke the buck, meaning its net asset value fell below $1.

Consequently, you might want to think twice before putting your emergency cash in one of those funds.

"It's a great parking place in your brokerage account if you're looking to buy stocks that have been hit," McBride said of money market funds. "But if you're looking to pay the rent, and you're not sure you're going to have a paycheck to do it, make sure it's in a federally insured savings account."

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Covid-19 is making Americans wish they had more cash set aside. Taking these steps can help you save - CNBC

90-minute tests that detect Covid-19 and other viruses to be rolled out in UK – CNN

The tests will be rolled out in hospitals, care homes and labs across the UK from next week.

"We're using the most innovative technologies available to tackle coronavirus. Millions of new rapid coronavirus tests will provide on-the-spot results in under 90 minutes, helping us to break chains of transmission quickly," Health Secretary Matt Hancock said in a statement.

Pandemic experts have said it would be useful to be able to differentiate among the various flu-like illnesses that circulate in winter months, and quick detection of any of them can help get patients isolated and onto whatever treatment is available.

The department has said that the tests "will hugely increase testing capacity ahead of winter, delivering fast results that will help to break chains of transmission quickly."

One test -- carried out by "Nudgebox" machines, supplied by DnaNudge -- will analyze DNA in nose swabs, and provide a positive or negative result for Covid-19 in 90 minutes, the department of health said.

The other -- called the LamPORE test -- will process swab and saliva samples to detect the presence of Covid-19 in 60 to 90 minutes. The government has not published full details on the accuracy of the tests, but has said the LamPORE test has the "same sensitivity as the widely used PCR swab test."

In recent months, the global medical community has been looking to get quicker results to stem the tide of the outbreak.

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90-minute tests that detect Covid-19 and other viruses to be rolled out in UK - CNN

Here’s What Michigan’s Revenue And Budget Look Like Amid COVID-19 – NPR

This story is part of an NPR nationwide analysis of states' revenue and budgets during the pandemic.

In Michigan, the epidemic has caused revenue from sales and personal income taxes the state's main sources of revenue to plummet. After weeks of hand-wringing, state lawmakers passed a bipartisan plan to plug this year's dizzying $2.2 billion budget hole.

The Democratic governor and her Republican counterparts in the state legislature announced they would use a patchwork of funds to stay afloat, including the majority of the $3 billion in coronavirus relief funding from the CARES Act and $350 million from the state's $1.2 billion rainy day fund.

The lion's share of the state's cuts is coming from widespread hiring freezes and temporary layoffs in the state's workforce that have been ongoing since April, affecting an array of workers, from those in the state's groundwater and discharge permit program to those in food safety and quality assurance.

But those cuts won't solve the more than $3 billion projected shortfall for the next fiscal year, beginning Oct. 1.

"Department budgets are already skinny, and there's simply no way to cut our way out of this just by looking at state budgets," said the state's budget director, Chris Kolb, in May. Michigan's leaders, like those in many other states, are looking to Congress for further relief.

Abigail Censky is the politics and government reporter for WKAR in Lansing, Mich.

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Here's What Michigan's Revenue And Budget Look Like Amid COVID-19 - NPR

Amid rise in COVID-19 cases, experts urge rollback of reopening in Mass. – The Boston Globe

The state should take these numbers as evidence that its time to roll back reopening, said Samuel Scarpino, a Northeastern University epidemiologist.

Were not seeing a major surge in cases. What were seeing are the indicators that a surge is coming, Scarpino said. Given how challenging it can be to intervene and slow the spread of COVID-19, the actions we take now are whats going to determine whether were risking a situation like heading back to April or a situation thats far more manageable.

Scarpino advocated for returning to at least the second stage of Phase 2 of the states reopening plan, which would mean once again shuttering a number of entertainment venues including gyms, casinos, and movie theaters. Phase 2 occurred in two steps. The earlier step, initiated on June 8, reopened outdoor dining and some retail, as well as child care and day camps. On June 22, indoor dining and close-contact, personal services, including nail salons and tattoo parlors, were added to the list. Phase 3, which began on July 6 in most of the state, allowed for more indoor entertainment.

The head of the Massachusetts Medical Society said last week that the state should seriously reconsider allowing gyms, indoor dining, and casinos to remain open if the state wants to keep infection rates low as it reopens schools in the fall.

I would rather act too early than act too late, Dr. David Rosman, the societys president and associate chair of radiology at Massachusetts General Hospital, told the Globe last week. Our priority should be kids, school, and health. Thats where we should be focusing.

For weeks, Massachusetts progressed through Governor Charlie Bakers reopening plan without experiencing the spikes in infection that many other states have seen. But now, with new cases on the rise and the states seven-day average test positivity rate exceeding 2 percent for the first time since June, disease experts and residents alike are looking for answers.

I am not ready to say that theres a distinct trend that things are getting out of control, said Dr. Barry Bloom, a professor and former dean of Harvard T.H. Chan School of Public Health. But Bloom said the state should consider reversing course on reopening if the positivity rate continues to climb higher.

What we want to be is around 1 [percent]. Were now at 2.2. I would say the absolute limit which means we really have lost the ability to track things would be 5 percent, and I would start shutting things down at 2.5 or 3, Bloom said. Its much easier to shut things down when the numbers are low.

Bloom added that new lockdowns could be more targeted if the state fine-tunes its testing and contact tracing data to find patterns in outbreaks. Scarpino agreed. I would encourage the governor to be more specific around where cases are coming from and be more specific about the indicators theyre tracking, he said. Are [new cases] coming from the house parties were reading about, or are they coming from the casino floors, the gyms, indoor dining?

At the time that the state released its reopening plan in May, some epidemiologists voiced concern that it did not include specific standards for what increase in cases, positivity rate, or other metric would trigger new lockdowns.

As for the cause behind increasing cases, Baker said in multiple press conferences last week that large gatherings were to blame for several clustered outbreaks throughout the state and called parties without enforced social distancing a recipe for disaster. However, the state has not specified what number of new cases have been traced back to gatherings or listed other explanations for the increasing number of cases.

The Department of Public Health did not immediately respond to a request for comment.

Dasia Moore can be reached at dasia.moore@globe.com. Follow her on Twitter @daijmoore Kay Lazar can be reached at kay.lazar@globe.com Follow her on Twitter @GlobeKayLazar.

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Amid rise in COVID-19 cases, experts urge rollback of reopening in Mass. - The Boston Globe

What are the chances of getting infected with COVID-19 at a school? – Poynter

Covering COVID-19 is a daily Poynter briefing of story ideas about the coronavirus and other timely topics for journalists, written by senior faculty Al Tompkins. Sign up here to have it delivered to your inbox every weekday morning.

You may think of this incident as a coalmine canary this week. The very day, in fact only hours after Greenfield Central Junior High School in Indiana opened, it found its first COVID-19 case. An infected student unknowingly walked the halls and sat in classrooms before the school enacted its Positive COVID-19 Test Protocol, which isolated the student and started contact tracing among teachers, staff and classmates.

The New York Times calculated the likelihood that an infected student could arrive at any given county school in the country. The static screenshots I am including below do not do justice to this brilliant work. These maps are interactive, so go to the Times page and look at counties in your area.

The first chart is the likelihood of an infected person showing up at a school of 500 people (including students and staff).

(The New York Times)

The darker the color, the more likely it is that those schools could expect to have at least one infected person walk through the door. Now, keep in mind, the Times said these are rough estimates because they have to be based on assumptions that researchers have to make about how young people transmit the virus, an area that is still full of unknowns.

This second graphic shows what happens when schools with 1,000 students and staff show up.

(The New York Times)

These estimates approximate the proportion of the population that is infectious based on the number who were infected during the preceding seven days, from data ending July 28. The calculations assume that students and teachers come in to school at least once a week and wont come in if they are symptomatic.

The calculations show that in eight states, even a school of less than 100 students and staff would expect at least one person to test positive for COVID-19 (Louisiana, Alabama, Mississippi, Florida, Nevada, Tennessee, Arizona and Georgia).

The Times reported:

The estimates, from researchers at the University of Texas at Austin, range from sobering to surprisingly reassuring, depending on the area and the size of the school.

Based on current infection rates, more than 80% of Americans live in a county where at least one infected person would be expected to show up to a school of 500 students and staff in the first week, if school started today.

In the highest-risk areas including Miami, Fort Lauderdale, Nashville and Las Vegas at least five students or staff would be expected to show up infected with the virus at a school of 500 people.

The estimates are stunning. A school with 500 people in Miami could expect around 19 people to show up infected with COVID-19. In Houston, a school with 1,000 people in it would expect to see 10 COVID-19 cases. But, the report said, if students met in pods of 10, you could reasonably expect a low exposure risk almost anywhere in the country.

The hundreds of reader comments about the story reflect the publics concerns over the weeks ahead. One person wrote:

I am a high school teacher in a school with 1,700 students. We report to work next week, and the students come in person on the 17th. How ironic that it is apparently just fine for teachers to be exposed to 150 students per week, but in our teacher training sessions next week, we can only meet in groups of 10 in accordance with state guidelines.

I get a lot of story ideas by reading reader reactions. Sure, there are some lunatic comments, but there are also genuine concerns that deserve answers, like the teachers comment above.

By the way, I bet you will find similar plans in your community where teachers will be under more stringent rules with each other than they will a week later when students arrive.

Over the weekend you may have heard about a study just out that focused on a Georgia youth camp where 258 staff members and trainees (mostly teens) and 363 campers gathered in June. Campers did not wear masks, but staff did. Within weeks, 76% of the campers tested positive for COVID-19.

And, look at this: 344 of the 597 people at the camp were tested. Of those tested, 44% tested positive. 51% of campers under age 10 tested positive. 44% of campers 11 to 17 tested positive. And 33% of campers ages 18 to 21 had positive tests.

This data is likely to send shockwaves through discussions about opening schools since, until now, we have not had as much data about how quickly the virus spreads among kids. Until now, the data has focused on how kids spread the coronavirus to adults.

The study is careful to point out that researchers do not know how many of the campers may have had the virus when they arrived at camp and how many of the cases spread from kid to kid, from adults to kids and kids to adults. The study also cautions that the outbreak happened at a camp where kids slept in cabins together. We do not know if that is wildly different from sitting in a classroom with others for hours at a time.

In schools that have school nurses, the nurses say they will have more responsibility this fall than ever. And, keep in mind, about a fourth of all schools have no school nurses at all. Schools that want to hire school nurses find they cant compete with hospitals when it comes to pay.

NPR spoke with several school nurses who say they are deeply concerned about whether their schools are prepared to reopen.

Nurses say there will be endless reminders for students to bring their own water bottles and not drink from water fountains and to set up one-way traffic in hallways to say nothing of controlling the everyday issues school nurses already attend to, from colds, flu, dental pain, lice outbreaks and checking inoculation records. The NPR story included other issues you might not think of, but school nurses do:

In a district outside Columbia, South Carolina, health services coordinator Dawn MacAdams is thinking about kids with asthma. We are going to ask that our parents work with their physicians to only bring in an inhaler, not a nebulizer, she says. Thats because nebulizers generate aerosol, and theres a chance that tiny virus particles in that aerosol could spread COVID-19.

The National Association of School Nurses provided this data:

(The National Association of School Nurses)

(The National Association of School Nurses)

In the majority of schools without school nurses, who will be the frontline workers who will deal with kids with symptoms? Will schools have quarantine rooms? Ask questions about how schools are stockpiling masks, gloves, sanitizer, paper towels and soap with schools attempting to open in weeks.

In a normal year, teachers sent home requests with our kids asking for sanitizer, soap and tissues that the school did not provide. Can you imagine the need this year?

I picked up this question in the reader comments section of The New York Times. A reader wondered if students would be able to understand their teachers of the teachers mouth is covered by a mask. Voices will be muffled in even the best circumstances. There are also students who have trouble hearing and could benefit from seeing the teachers face.

For teachers who lead virtual classes, I hope somebody will spend some time talking to them about the importance of close-up and clear audio and clear and well-lit video.

My friend Jill Geisler drew on her decades of TV and teaching experience to put together a wonderful video called Dont be a Vampire in the Video Conference.

If teachers are simultaneously teaching kids in class while also teaching students at home, they are going to have to wear a microphone. It will be a real production trick to demonstrate examples in front of a live class as well as online.

As with just about everything else having to do with COVID-19, instead of having a national response to high school sports, we have 50 responses.

U.S. News and World Report pointed out:

Whether prep sports happen this fall may also hinge on schools being physically open.

In most cases, schools are going to have to be operating in order for education-based athletic programs to begin, Michael L. Blackburn, executive director of the National Interscholastic Athletic Administrators Association says. Some states require that students be in school face to face; some will accept their online time as attendance. It really does vary.

(Ryan Escobar/MaxPreps)

This story is very much in play this week as some states that would have started pre-season practice this week now, mostly, havent. There is also a concern that for the places that do hold games, there might be a shortage of game officials.

I saw one story of a Chicago teen who hoped to get a college football scholarship but Illinois pushed the football season to the spring. This student is moving to Iowa so he will be seen by recruiters in the fall. College recruiters are going to be watching a lot of online video and scanning social media sites to find the next class of recruits. The U.S. News and World Report added:

Outright cancellation of some high school sports this fall will mean the loss of a year of playing time, which will also mean less game film for potential recruits and fewer opportunities to impress college coaches and set themselves apart in a competitive marketplace of talented athletes.

But there are still ways to get noticed, Dan Doyle, a recruiting coach manager for Next College Student Athlete says: The electronic communication part of recruiting is so, so vital right now.

He encourages students to organize their game film, transcripts and test scores in one place for coaches to see, whether thats through the platform he works for or another portal. For example, he encourages students to make use of social media to connect with coaches.

High school student-athletes need to be more proactive, Doyle says. Coaches are still on the recruiting trail, albeit from home. In the absence of game film, he says, students should put together skills videos that highlight their workouts or abilities in their chosen sport.

It is now becoming clear that the usual fall fundraising events charity balls, fundraising walks and awards dinners wont happen this year.

Some of the hardest-hit nonprofits are medical-related charities, such as the 50-year-old Juvenile Diabetes Research Foundation, which announced its second-quarter income fell 40%. It will cut staff by 40% and hope for more volunteer help. The American Cancer Society laid off a thousand workers in a 30% budget cut.

StatNews drilled down on the issue:

Nonprofits focused on patient support and medical research are being hurt by the same forces that are devastating the nonprofit sector at large. The cancellation of in-person events seems to be largely to blame, though there are other factors at play: Some wealthy donors are diverting their charitable contributions to the COVID-19 response and writing fewer big checks to the medical charities they usually support. And donations have dried up from small donors who may have lost their jobs because of the pandemic or are just being more careful with money during an uncertain time.

The Harvard Business Review said charities are in a particular bind. They have not needed donations more than right now, at the same time that donors are holding on to their money, not knowing what the future holds. The key question is, When is the right time to ask for money?

Amid the debris, nonprofits are quietly hoping their donors will ride to the rescue. But heres the challenge: Yes, every charitable organization wants to receive contributions right now. But very few have the temerity to ask their donors for a gift. They know that people feel fragile and are worried. They know its going to get worse before it gets better. Nonprofit leaders dont want to come across as selfish jerks, asking for money from people who may be fighting illness or losing their jobs or worrying about their kids or mourning a family member or simply freaking out, hunkering down, and waiting for the next bit of dire news. Nonprofits are reading the room, and the message theyre getting is: Dont ask for money now. Just dont.

Of course, old habits die hard.

Theres an apocryphal story already circulating among fundraisers about an unnamed university that forgot to cancel its scheduled late-March planned-giving mailing to alumni. As a result, a letter went out declaring, in the midst of the pandemic, Theres no better time than now to revisit your estate planning!

(Screenshot, Facebook)

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Al Tompkins is senior faculty at Poynter. He can be reached at atompkins@poynter.org or on Twitter, @atompkins.

Clarification: This article was updated to note that the percentages of campers who tested positive were not percentages of the total, but rather percentages of the number who had been tested.

Read more from the original source:

What are the chances of getting infected with COVID-19 at a school? - Poynter

Lilly starts phase 3 test of COVID-19 antibody in nursing homes – FierceBiotech

Eli Lilly has started a phase 3 trial to evaluate whether its antibody LY-CoV555 stops the residents of nursing homes from developing COVID-19. Lilly has created customized mobile research units to run the clinical trial at nursing homes as the long-term care facilities lack experience running studies.

More than 40% of all U.S. deaths from COVID-19 involve nursing home residents and staff, according to a New York Times analysis, despite just 8% of cases occurring in such facilities. In 20 states, nursing homes account for more than half of all COVID-19 deaths. Eighty-two percent of COVID-19 deaths in New Hampshire involve nursing homes.

The disproportionate burden borne by nursing homes suggests immunizing residents and workers at long-term care facilities against the pandemic SARS-CoV-2 virus could significantly reduce the death toll. However, the limited response of seniors to vaccines may make it hard to provide protection.

Antibodies provide an alternative, and in seniors potentially more effective way, to protect people against the coronavirus. Infusing anti-SARS-CoV-2 into people at risk of exposure to the virus could provide temporary protection against the pandemic pathogen.

Lilly is putting that idea to the test. Having started the first clinical trial of a potential COVID-19 antibody two months ago, Lilly has now initiated a phase 3 trial to assess the prophylactic potential of LY-CoV555.

The trial will enroll up to 2,400 residents and staff at nursing homes that have recently had a case of COVID-19. By targeting facilities with confirmed cases of COVID-19, Lilly stands to accelerate the task of showing whether LY-CoV555 protects against the virus. Lilly will assess the effect of a single dose of LY-CoV555 on the rate of infection and complications of COVID-19 for four weeks and eight weeks, respectively.

Lilly, working with the National Institute of Allergy and Infectious Diseases, the COVID-19 Prevention Network and nursing home networks, has sought to counter the challenges of running clinical trials in long-term care facilities. Specifically, Lilly has customized recreational vehicles to support mobile labs and the preparation of clinical trial materials. A trailer truck will deliver the clinical trial supplies required to set up on-site infusion clinics. Lilly will use the fleet to address outbreaks across the U.S.

The mobile research units are needed as long-term care facilities rarely run clinical trials and, as such, lack the infrastructure and expertise to execute the study. Under normal circumstances, participants may travel to clinical trial sites for treatment and monitoring, but that is potentially unsafe today.

Other companies are assessing anti-SARS-CoV-2 antibodies in more conventional clinical trials. Last month, Regeneron began a phase 3 trial to test the prophylactic power of its REGN-COV2 antibody cocktail in uninfected people who have recently been exposed to COVID-19 patients. The protocol of that trial, which is enrolling at 100 U.S. study centers, specifically excludes nursing home residents.

In finding a way to evaluate LY-CoV555 at nursing homes, Lilly has positioned itself to carve out a niche in the busy anti-SARS-CoV-2 antibody space by serving a population that particularly needs the protection it may be able to provide.

Read more:

Lilly starts phase 3 test of COVID-19 antibody in nursing homes - FierceBiotech

Covid-19 is taking elevator anxiety to the next level. This Indian tech company has a solution – CNN

Now, as coronavirus cases exceed 18 million worldwide, many people are concerned about catching the virus, whether from someone else in the elevator or via the buttons.

Ahir lives on the 12th floor of a 13-floor apartment block in the western state of Gujarat. The tower block is home to hundreds of people who take the elevator multiple times each day.

"There is always fear to touch the buttons, so I decided to do some developments from that side," says Ahir, the founder of Indian electronics company, TechMax Solution.

Unable to leave his apartment, he set to work in his spare room, creating prototypes for a product now known as "Sparshless" (sparsh means touch in Sanskrit).

The system consists of a panel that is fitted alongside existing elevator buttons. It allows users to select a floor by pointing their finger at each button from a distance of 10 to 15 millimeters (0.4 to 0.6 inches), triggering an infrared signal which tells the elevators where they want to go.

Sparshless units are also mounted at elevator entrances on each floor, says Ahir. Users place their hands under the arrows on the unit to indicate whether they want to travel up or down.

It's a completely contactless system designed for a world where people have become cautious about everything they touch.

Dirtier than a toilet seat

In India, Ahir sought more sophisticated technology.

Making the product

Ahir usually works from his company's office in the city of Surat, where he employs 12 permanent staff. The 31-year-old entrepreneur started his business, TechMax Solution, in 2009, straight after graduating from college. The company's key products are security devices, but during India's four-month lockdown, work dried up. During that time "we didn't raise even one rupee," he says.

Ahir responded to the crisis by developing the Sparshless system, testing the first prototypes on his neighbors. Early models were adjusted when he discovered that daylight triggered false readings. The system also needed to be installed in such a way that it didn't affect the elevators' normal workings or warranty.

With those problems solved, the next step was finding customers. That hasn't been easy during a nationwide lockdown, says Ahir, but so far, the units have been fitted in 15 buildings in India.

Sumit and Sushila Katariya live in one of those buildings. Sumit is an elevator consultant, and Sushila is a doctor at Medanta Hospital, southwest of Delhi, who has treated hundreds of coronavirus patients since March.

Sumit Katariya had the touchless buttons installed in the personal elevator at his two-story housing complex to reduce the risk of this wife infecting the family and their visitors, if she caught the virus. He says the panel has been working "perfectly fine" since they had it installed about one month ago.

Ahir says he has received inquiries from Kuwait, the United Arab Emirates and Brazil about the panels. He hopes to sell up to 1,500 units by the end of the year, an ambitious target for a small company with one manufacturing facility in the country with the world's third highest number of coronavirus cases.

It's a "tough situation" he says, but "I always think positive."

Read the original here:

Covid-19 is taking elevator anxiety to the next level. This Indian tech company has a solution - CNN

Coronavirus live updates: What we know Monday in Reno, Northern Nevada – Reno Gazette Journal

People gather for a caravan on Highway 395 in Reno, known as the Dr. Martin Luther King Jr. Highway of Hope, on Aug. 1, 2020. Reno Gazette Journal

This is a breaking news story and will be updated throughout the day Monday, August 3.This story is part of the Reno Gazette Journals essential COVID-19 coverage and is being provided for free.Pleaseconsidersubscribing to the RGJ to support our work.

Washoe County reported one more death from COVID-19 on Sunday, bringing the total number of deaths from the virus to 115.

The latest victim was a man in his 60s who had underlying health conditions.

Education: Despite many unanswered questions, WCSD superintendent says 'We will be ready' on Aug. 17

The Regional Information Center also reported 50 more new confirmed cases for COVID-19. As of Aug. 1, there have been 5,343 total cases confirmed in Washoe since the pandemic started.

The county also reported 73 more people recovering from the virus.

Here are the rest of the latest COVID-19 numbers for Washoe County:

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Nevada topped 50,000 confirmed cases for COVID-19 to date as the state reported more than a thousand daily cases on Sunday.

The Nevada Health Response dashboard reported 1,131 more cases for COVID-19, bringing the states cumulative total to 50,205 as of Aug. 1. The total death toll remained at 832 since the start of the pandemic, with the state reporting no new deaths.

More: Nevada Legislature OKs election bill expanding mail-in voting, ballot collection procedures

Clark County continued to account for 86% of all cases in the state more than 43,000 as well as the highest incidence rate, with about 1,861 cases per 100,000 people. Washoe County was second with nearly 5,300 cases and an incidence rate of 1,107 per 100,000 people. Carson City was at 313 total cases to date.

The daily testing positivity rate was at 13.7% while the seven-day moving average inched up to 17.5%. The World Health Organization recommends a testing positivity rate of at least 5% for 14 straight days prior to reopening.

Here are the rest of the latest Nevada numbers.

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Read or Share this story: https://www.rgj.com/story/news/2020/08/03/covid-nevada-updates-cases-deaths-reno-las-vegas-washoe-county-coronavirus/5569602002/

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Coronavirus live updates: What we know Monday in Reno, Northern Nevada - Reno Gazette Journal