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www jiliko bet BLINCYTO® (BLINATUMOMAB) ADDED TO CHEMOTHERAPY SIGNIFICANTLY IMPROVES SURVIVAL IN NEWLY DIAGNOSED PEDIATRIC PATIENTS WITH B-CELL PRECURSOR ACUTE LYMPHOBLASTIC LEUKEMIA (B-ALL)Saudi Gazette report RIYADH — Saudi Arabia's capital is gearing up for the partial official launch of the Riyadh Metro next Wednesday, November 27, according to a report by Al Eqtisadiah daily. The first phase will include operations on three lines, with the remaining three lines scheduled to open in mid-December. The Riyadh Metro, touted as the world’s longest driverless metro system, aims to provide alternative transportation to reduce reliance on vehicles and support Riyadh’s transformation into a hub for trade and business as part of the Kingdom’s economic diversification plans. Al Eqtisadiah reported that solar panels installed at stations and depots will generate 20% of the energy required for key electrical systems. This sustainability feature is part of a broader effort to make the project environmentally friendly and energy-efficient. The metro's initial routes, set to open on November 27, will operate fully along three major lines: Al-Orouba to Batha, King Khalid International Airport Road, and the intersection of Abdulrahman Bin Auf Street with Sheikh Hassan Bin Hussein Street. Meanwhile, the lines along King Abdullah Road, Al-Madina, and King Abdulaziz Road will launch in mid-December, further boosting the network’s operational capacity. The $22.5 billion (SR84.4 billion) Riyadh Metro project was approved by the Saudi Council of Ministers in April 2012 and awarded to three global consortiums in 2013. It has faced several challenges during its development, including delays caused by the COVID-19 pandemic. Ticket prices and discounted packages for metro riders are expected to be announced within days, with authorities urging the operating company to set competitive rates to attract more passengers. The metro system incorporates several sustainable features, including energy-efficient trains, regenerative braking technology to minimize energy consumption, and the use of renewable energy through solar panels installed at various stations. All six lines of the Riyadh Metro will be powered entirely by renewable energy sources, ensuring an environmentally friendly transit option for the city. This launch comes 12 years after the project was first announced, marking a significant milestone in Riyadh's public transport development. < Previous Page Next Page >

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It has taken new Michigan coach Dusty May just nine games to guide the Wolverines into the Top 25. May and the Wolverines enter the poll at No. 14 and strive to continue their strong start when they face Arkansas in the Jimmy V Classic on Tuesday night in New York. Michigan (8-1) has reeled off seven straight wins to crack the rankings for the first time in nearly 25 months. "All this stuff doesn't matter to me," May said of the rankings. "It does change the complexion of what we think about and things like that. Overall, I like where we are. We have guys who work well together and they put in the time." The Wolverines look to remain hot against the Razorbacks (7-2). John Calipari's first Arkansas squad has won its past two games. Calipari spent the previous 15 seasons as coach of Kentucky and claims he's excited to be in Arkansas. "I'm not bitter about anything. I'm not," Calipari said. "This is the first page of the first chapter of a new book. The timing for me and my career and my life, this is perfect. And I appreciate the fans and everybody giving me the opportunity to do that." The Razorbacks will be searching for their initial milestone victory under Calipari during their first visit to Madison Square Garden since 1997. Their losses this season are to then-No. 8 Baylor and Illinois on neutral courts. Calipari grabbed several players out of the transfer portal in the offseason, including guard Johnell Davis, one of the stars of the Florida Atlantic team that reached the 2023 Final Four. That squad was coached by May. One of the other Florida Atlantic starters was center Vladislav Goldin, who followed May to Michigan after the coach was hired in the offseason. Goldin has strung together three straight solid games, including a season-best 24 points in a 67-64 road win over then-No. 11 Wisconsin on Dec. 3. He followed that up with 20 points and a season-high 11 rebounds in Saturday's 85-83 home win over Iowa. "He's just been a guy that you can see when he's really locked in and focused there's a different level of play," said May, "and I think now he's finding that level of play." Goldin is part of a balanced attack. Roddy Gayle Jr. averages a team-best 12.2 points per game, followed by Tre Donaldson and Danny Wolf at 12.1 and Goldin at 12.0. Wolf averages a team-best 10 rebounds per game. Arkansas is coming off a 75-60 home victory over UTSA on Saturday. Adou Thiero excelled by matching his career high of 26 points to go with 10 rebounds. Thiero scored 17 points in the second half when the Razorbacks overcame a five-point halftime deficit to outscore the Roadrunners by 20. "We've been seeing that the whole summer," Arkansas forward Trevon Brazile said of Thiero's strong play. "Him dominating. Dominating in practice and (Calipari) pushing him. This is just a reflection of the work he's done this summer and him trusting the coaches." Thiero leads the Razorbacks with averages of 18.6 points and 6.1 rebounds. Boogie Fland is averaging 15 points and Zvonimir Ivisic is scoring 12 per game. Davis (9.3) started slow with just two double-digit outings in the first seven games before averaging 12.5 over the last two games. Michigan holds a 4-3 edge in the all-time series. The Wolverines recorded an 80-67 home victory on Dec. 8, 2012 in the most recent meeting. --Field Level MediaTurkish Airlines to Begin Operations at The New Terminal One at JFK and Unveil World-Class Lounge

Meta has unveiled Llama 3.3, a 70-billion-parameter AI model that combines advanced capabilities with a focus on cost efficiency. This model is specifically designed to handle complex tasks such as long-context understanding, instruction following, and mathematical . By offering a balance between high performance and affordability, Llama 3.3 provides developers with a powerful tool that minimizes operational expenses while requiring specialized hardware for optimal deployment. Llama 3.3 is a 70-billion-parameter AI model by Meta, offering advanced performance in tasks like long-context understanding, instruction following, and mathematical problem-solving, while being cost-effective. The model supports an extended context length of up to 128,000 tokens, allowing efficient processing of large datasets or lengthy documents in a single pass. Llama 3.3 outperforms competitors like GPT-4o in mathematical tasks, instruction following, and comprehension, achieving a higher Artificial Analysis Quality Index score (74 vs. 68). It dramatically reduces costs, with input costs at $0.10 per million tokens and output costs at $0.40 per million tokens, making it highly affordable compared to alternatives. Optimized for text-based applications, Llama 3.3 requires specialized hardware but is accessible via platforms like Hugging Face, with strong adoption by hosting providers and benchmarks validating its performance. Llama 3.3 distinguishes itself by achieving a unique balance between size and performance, rivaling models with significantly larger parameter counts. Trained on a vast dataset of 15 trillion tokens with a knowledge cutoff of December 2023, it supports an extended context length of up to 128,000 tokens. This extended context capability enables the model to process and analyze large datasets or lengthy documents in a single pass, making it particularly well-suited for applications that demand detailed and nuanced long-context understanding. The model’s design emphasizes cost-effectiveness, allowing for local deployment on developer workstations equipped with specialized hardware. This accessibility ensures that developers and businesses can use its capabilities without incurring the high costs typically associated with large-scale AI models. By combining efficiency with accessibility, Llama 3.3 positions itself as a practical and versatile solution for a wide range of AI-driven applications. Llama 3.3 delivers competitive performance across multiple domains, showcasing its versatility and advanced capabilities. Key highlights include: Demonstrates superior reasoning abilities, outperforming GPT-4o in mathematical tasks. Excels in tasks such as code generation, document summarization, and conversational AI, making sure accurate and context-aware responses. Achieved a notable score improvement from 68 to 74, reflecting enhanced comprehension and accuracy in diverse applications. These performance metrics place Llama 3.3 among the top-performing AI models, competing directly with other advanced systems such as Gemini and Google’s latest offerings. Its ability to deliver high-quality results across a variety of tasks underscores its value as a reliable and efficient AI solution. Here are more guides from our previous articles and guides related to Llama 3 that you may find helpful. One of the most compelling aspects of Llama 3.3 is its affordability, which sets it apart from many competitors. The model significantly reduces both input and output costs, making it an attractive option for businesses and developers seeking high-performance AI solutions without prohibitive expenses. Key cost metrics include: $0.10 per million tokens, a fraction of GPT-4o’s $250. $0.40 per million tokens, substantially lower than GPT-4o’s $10. This dramatic reduction in operational costs makes Llama 3.3 a practical choice for organizations of all sizes, allowing them to integrate advanced AI capabilities into their workflows without exceeding budgetary constraints. By prioritizing cost efficiency, Meta has made innovative AI technology more accessible to a broader audience. While Llama 3.3 offers numerous advantages, it does come with specific technical requirements. The model is optimized for text-only applications, focusing on areas such as natural language processing, document analysis, and conversational systems. To achieve optimal performance, developers must use specialized hardware capable of handling the model’s computational demands. Despite these requirements, accessibility is enhanced through its availability on popular hosting platforms such as Hugging Face and AMA. These platforms allow developers to easily download and experiment with the model, fostering innovation and allowing a wide range of use cases. This combination of technical sophistication and accessibility ensures that Llama 3.3 remains a practical choice for both research and commercial applications. Llama 3.3 has undergone rigorous independent benchmarking, demonstrating strong performance in key areas such as instruction following, code generation, and text-based tasks. These benchmarks validate its reliability and utility across a variety of applications. Additionally, several prominent hosting providers, including Deep Infra, Hyperbolic, Gro, Fireworks, and Together AI, have adopted the model, further highlighting its effectiveness and industry relevance. The model’s ability to meet the demands of modern AI applications while maintaining cost efficiency makes it a valuable asset for businesses, researchers, and developers. Its adoption by leading hosting providers underscores its potential to drive innovation and streamline workflows across diverse sectors. The success of Llama 3.3 is rooted in Meta’s advancements in alignment processes and reinforcement learning techniques. These innovations enhance the model’s ability to follow instructions accurately and perform complex tasks with precision. By focusing on alignment, Meta has ensured that Llama 3.3 delivers reliable and consistent results across a wide range of applications, from academic research to commercial deployments. The integration of advanced alignment techniques also improves the model’s capacity for nuanced understanding and context-aware responses. This focus on precision and reliability makes Llama 3.3 a versatile tool capable of addressing the challenges of modern AI applications while maintaining a high standard of performance. Llama 3.3 represents a significant advancement in AI development, combining a 70-billion-parameter architecture with extended context understanding and competitive performance. By bridging the gap between high capability and affordability, it sets a new benchmark for efficiency and accessibility in the AI landscape. Its ability to deliver advanced functionality at a fraction of the cost of competing models positions it as a fantastic tool for developers and businesses alike. With its focus on cost efficiency, technical sophistication, and practical applications, Llama 3.3 paves the way for more innovative and accessible AI solutions. As the demand for advanced AI technology continues to grow, Llama 3.3 stands out as a reliable and cost-effective option, driving progress and allowing new possibilities across industries. Media Credit:When Katja Vogt considers a Jaguar, she pictures a British-made car purring confidently along the Italian coastline — a vision of familiarity that conveys "that dreaming, longing feeling we all love." She's not sure what to think about Jaguar now after the 89-year-old company announced a radical rebranding that featured loud colors and androgynous people — but no cars. Jaguar, the company says, will now be JaGUar. It will produce only electric vehicles beginning in 2026. Bad attention is good attention, Jaguar execs would appear to believe. The car brand has prompted mockery online for posting a glitzy ad without a single car in it. Say goodbye to British racing green, Cotswold Blue and black. Its colors are henceforth electric pink, red and yellow, according to a video that sparked backlash online. Its mission statement: "Create exuberance. Live vivid. Delete ordinary. Break moulds." "Intrigued?" @Jaguar posted on social media. "Weird and unsettled" is more like it, Vogt wrote on Instagram. "Especially now, with the world feeling so dystopian," the Cyprus-based brand designer wrote, "a heritage brand like Jaguar should be conveying feelings of safety, stability, and maybe a hint of rebellion — the kind that shakes things up in a good way, not in a way that unsettles." Our brands, ourselves Jaguar was one of several iconic companies that announced significant rebrandings in recent weeks, upending a series of commercial — and cultural — landmarks by which many modern human beings sort one another, carve out identities and recognize the world around them. Campbell's, the 155-year-old American icon that artist Andy Warhol immortalized in pop culture decades ago, is ready for a new, soupless name. Comcast's corporate reorganization means there will soon be two television networks with "NBC" in their name — CNBC and MSNBC — that will no longer have any corporate connection to NBC News, a U.S. legacy news outlet. CNBC One could even argue the United States itself is rebranding with the election of former President Donald Trump and Republican majorities in the House and Senate. Unlike Trump's first election in 2016, he won the popular vote in what many called a national referendum on American identity. Are we, then, the sum total of our consumer decisions — what we buy, where we travel and whom we elect? Certainly, it's a question for those privileged enough to be able to afford such choices. Volumes of research in the art and science of branding — from "brandr," an old Norse word for burning symbols into the hides of livestock — say those factors do contribute to the modern sense of identity. So rebranding, especially of heritage names, can be a deeply felt affront to consumers. "It can feel like the brand is turning its back on everything that it stood for — and therefore it feels like it's turning its back on us, the people who subscribe to that idea or ideology," said Ali Marmaduke, strategy director with the Amsterdam-based Brand Potential. He said cultural tension — polarization — is surging over politics, wars in Russia and the Mideast, the environment, public health and more, creating what Marmaduke said is known as a "polycrisis": the idea that there are several massive crises converging that feel scary and complex. Campbell's soups "People are understandably freaked out by that," he said. "So we are looking for something that will help us navigate this changing, threatening world that we face." Trump's "Make America Great Again" qualifies. So did President Joe Biden's "Build Back Better" slogan. Campbell's soup itself — "Mmm Mmm Good" — isn't going anywhere, CEO Mark Clouse said. The company's new name, Campbell's Co., will reflect "the full breadth of our portfolio," which includes brands like Prego pasta sauce and Goldfish crackers. What is Jaguar? None of the recent activity around heritage brands sparked a backlash as ferocious as Jaguar's. The company stood as a pillar of tradition-loving British identity since World War II. The famous "leaper" cat Jaguar logo is pictured in 2019 at the Auto show in Paris, France. Jaguar said its approach to the rebrand was rooted in the philosophy of its founder, Sir William Lyons, to "copy nothing." What it's calling "the new Jaguar" will overhaul everything from the font of its name to the positioning of it's famous "leaper" cat. "Exuberant modernism" will "define all aspects of the new Jaguar world," according to the news release. The approach is thought to be aimed at selling fewer cars at a six-figure price point to a more diverse customer base. The reaction ranged from bewilderment to hostility. Memes sprouted up likening the video to the Teletubbies, a Benetton ad and — perhaps predictably — a bow to "woke" culture as the blowback intersected with politics. The business news you need Get the latest local business news delivered FREE to your inbox weekly.The anticipation in the cryptocurrency market toward January is rising. Ripple's XRP is still on its outstanding rise, and many indicators hint at meteoric flight soon. There are two underdog contenders set to get along quite well in the next bull run: Fantom (FTM) and DTX Exchange (DTX). Many things in this article that will be discussed are about the digital currency hype and current performance reviews, which excite investors about the upcoming New Year. XRP Is Building on Regulatory Wins, Stablecoin Momentum, and Market Tailwinds to Charge Toward the $4 Threshold In December 2024, the XRP price surged to new heights and has continued surging until now. XRP, which is at around $2.20 as of the 21st of December, is up 93% in the past month. Ripple (XRP) currently ranks as the fourth-largest cryptocurrency according to market capitalization, behind Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), respectively. The launch of Ripple's stablecoin, Ripple USD (RLUSD), has added a boost to XRP's positive momentum, leading to increased trading volumes. However, the analysts are quite bullish on XRP's prospects, even estimating price targets as high as $20 for the near term. More modest forecasts put XRP at around $4 by January, a huge upside from current levels. Bitcoin has given XRP a boost, and it has broken through resistance, which is one reason analysts are calling for a run to $4. Technicals, on the other hand, are looking good, with a possible break above $2.60. Regulatory optimism with the SEC and Ripple’s wins over the SEC are also giving investors confidence, whales are accumulating big time, and the overall market is bullish, so those are some of the reasons why XRP is expecting big gains in the coming months. Fantom (FTM) Speeds Ahead Thanks to Sonic Upgrade Although it may not have been the most obvious candidate for the crypto race, Fantom (FTM) surged above 40% just ahead of its Sonic upgrade. The new name and Sonic main net are expected to boost Fantom's performance, including between-the-nodes speed and cost efficiency. According to the recent chart, FTM has been on a strong upward move for the past month, from around $0.68 in late November to a high of $1.40 in early December and then back down to $0.96 by December 20. Despite the pullback, the overall trend is still up. FTM has found a support zone between $0.90 to $1.00 and the previous high of $1.40 is the key resistance level everyone is watching. If FTM breaks above that, the following targets could go even higher, up to $1.60 or more. Plus, its RSI has gone into overbought territory during this move, so there is demand. Although it’s off the recent high, these indicators say FTM is set up for more upside if it can get back up and above its nearby resistance. DTX Exchange Is Bridging Traditional Markets and Crypto with Lightning-Fast Trades and Massive Presale Success Ripple (XRP) and Fantom (FTM) are in the headlines already, but in a hush-hush way, DTX Exchange (DTX) can be a game-changer in the crypto space: six stages into presale. DTX raised a whopping $10.4 million token value at $0.12. DTX Exchange has a different approach to crypto trading. It is the first crypto-native platform with stock, today's forex, ETFs, and over 100,000 currency pairs. DTX Exchange links more bits of the traditional world with the crypto world. Alongside that, investors can leverage up to 1000x with multi-high-liquidity trading opportunities. It is a rapid expansion of the DTX ecosystem, which has been added to over 300,000 wallet addresses already known. The VulcanX blockchain reported an outstanding 100,000 transactions per second during its test net, which guarantees users very high speeds and efficiency. The DTX governance rights and profit-sharing plan feature most for investors. Token holders can affect future products, and more significant holders can participate in the Rebate Program to enjoy the benefits of the platform's successes. Conclusion The new year brings a lot of anticipation for the state of the cryptocurrency market in January 2025. Ripple's XRP continues to surge as indicators are on their way to mark a $4 price level, in addition to Fantom's FTM getting traction with its Sonic upgrade. DTX Exchange (DTX) is also looking good for an underdog with its creativity in the trade and precise presale performance. Therefore, with this legal clarity for Ripple, the technological developments for Fantom, and the new money-earning features introduced by DTX, such cryptocurrencies promise to move heaven and earth with the next bull run. Always do your research concerning this volatile and yet rewarding arena, as investors do. Find out more at the DTX Website , grab presale tokens , or join the DTX Community on Telegram . Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Empowered Funds LLC bought a new stake in shares of Axos Financial, Inc. ( NYSE:AX – Free Report ) in the 3rd quarter, Holdings Channel.com reports. The firm bought 12,718 shares of the company’s stock, valued at approximately $800,000. Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Russell Investments Group Ltd. grew its position in Axos Financial by 36.7% in the first quarter. Russell Investments Group Ltd. now owns 18,447 shares of the company’s stock worth $997,000 after buying an additional 4,957 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its holdings in shares of Axos Financial by 19.7% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 50,460 shares of the company’s stock worth $2,727,000 after acquiring an additional 8,322 shares during the last quarter. EntryPoint Capital LLC raised its position in shares of Axos Financial by 816.7% during the first quarter. EntryPoint Capital LLC now owns 495 shares of the company’s stock worth $27,000 after purchasing an additional 441 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of Axos Financial by 122.5% during the first quarter. Advisors Asset Management Inc. now owns 901 shares of the company’s stock valued at $49,000 after purchasing an additional 496 shares during the last quarter. Finally, Quadrature Capital Ltd boosted its position in shares of Axos Financial by 38.4% in the 1st quarter. Quadrature Capital Ltd now owns 10,030 shares of the company’s stock valued at $542,000 after purchasing an additional 2,783 shares during the period. 83.79% of the stock is currently owned by institutional investors. Insider Activity at Axos Financial In other news, EVP Andrew J. Micheletti sold 5,197 shares of the firm’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $63.13, for a total value of $328,086.61. Following the sale, the executive vice president now directly owns 424,149 shares of the company’s stock, valued at approximately $26,776,526.37. This trade represents a 1.21 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Also, CEO Gregory Garrabrants sold 125,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $81.89, for a total value of $10,236,250.00. Following the completion of the sale, the chief executive officer now directly owns 1,340,377 shares in the company, valued at $109,763,472.53. This trade represents a 8.53 % decrease in their position. The disclosure for this sale can be found here . In the last 90 days, insiders sold 134,199 shares of company stock valued at $10,882,135. Insiders own 5.07% of the company’s stock. Analyst Ratings Changes Read Our Latest Research Report on AX Axos Financial Price Performance Shares of NYSE:AX opened at $84.66 on Friday. The business has a fifty day simple moving average of $68.90 and a 200 day simple moving average of $64.26. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.17. Axos Financial, Inc. has a 1 year low of $36.93 and a 1 year high of $85.54. The firm has a market cap of $4.83 billion, a price-to-earnings ratio of 10.25 and a beta of 1.38. Axos Financial ( NYSE:AX – Get Free Report ) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.16. The business had revenue of $512.87 million during the quarter, compared to analyst estimates of $299.59 million. Axos Financial had a return on equity of 18.99% and a net margin of 24.07%. During the same period in the previous year, the company earned $1.41 EPS. As a group, sell-side analysts predict that Axos Financial, Inc. will post 7.02 earnings per share for the current fiscal year. About Axos Financial ( Free Report ) Axos Financial, Inc, together with its subsidiaries, provides consumer and business banking products in the United States. It operates through two segments, Banking Business and Securities Business. The company offers deposits products, including consumer and business checking, demand, savings, time deposit, money market, zero balance, and insured cash sweep accounts. Featured Articles Want to see what other hedge funds are holding AX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Axos Financial, Inc. ( NYSE:AX – Free Report ). Receive News & Ratings for Axos Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axos Financial and related companies with MarketBeat.com's FREE daily email newsletter .Lakers proposed trade with Nets would make LA 'nightmare for opponents' | Sporting News

When Dr. Kemi Wijesundera moved into the new Telus Health family medicine clinic in downtown Toronto, he quickly found he had one less thing to worry about during consults. Each of the seven examination rooms in the modern new clinic, which Telus Health has opened under its “MyCare” brand, is equipped with “AI scribe” software that listens to appointments (with patients’ consent) and uses artificial intelligence to summarize the conversations in the standardized medical note form. Before the patient even gets out the door, the notes from their appointment, including their medical history, as well as any requisitions, prescriptions and special instructions from their doctor, are uploaded to their phone through the Telus MyCare app. “This is the future of health care,” says Wijesundera, a recent medical school grad and one of six family physicians at the new Telus Health MyCare Union clinic. Located in repurposed office space on York Street, just south of Union Station, the “digital first” clinic, which had a soft launch in late summer, is now fully operational. 516 k Estimated number of Torontonians without a family doctor 2.5 M Estimated number of Ontarians without a family doctor 6.5 M Estimated number of Canadians without a family doctor Source: Ontario College of Family Physicians, Ontario Community Health Profiles Partnership, OurCare Initiative Toronto Star graphic Located in repurposed office space on York Street, just south of Union Station, the “digital first” clinic, which had a soft launch in late summer, is now fully operational and facing a unique challenge: at a time when an estimated 516,000 Torontonians are looking for a family doctor, the physicians at the clinic are looking for patients — up to 6,000 of them. “It gives people who live in the Toronto area a new way to become attached to a family doctor within the public health-care system,” says Chris Engst, vice-president of consumer health for Telus Health, which opened its first two MyCare clinics in Victoria and Vancouver in 2020. The expansion is part of a broader, global trend that’s seeing private companies taking ownership stakes in the provision of medical services, an area many investors see as ripe with opportunity as wait-lists for family doctors and certain surgical procedures remain stubbornly high. Unlike its main telecom competitors, Rogers Communications and BCE, which have diversified into sports team and media ownership, Telus is staking a claim on health care. In 2022, it acquired digital-health provider LifeWorks , formerly Morneau Shepell, for $2.3 billion, as well as buying up a substantial share of the market for electronic medical record (EMR) software in Canada over the last decade. After these and other acquisitions, Telus says it now provides health-care services to some 76 million people in more than 160 countries. “It’s a regular family practice. The physicians are doing everything from preventative care, immunizations, chronic disease management, acute care, whatever the care needs are of their patients,” says Dr. Alissia Valentinis, a family doctor and medical director of the Toronto MyCare clinic. 1 M Estimated number of Torontonians who could be without a family doctor by 2026 4.4 M Estimated number of Ontarians who could be without a family doctor by 2026 Source: Ontario College of Family Physicians, INSPIRE-Primary Health Care Toronto Star graphic Dr. Alissia Valentinis, medical director of the Telus Health MyCare Union clinic, explains that the MyCare model is similar to other private clinics where doctors pay a percentage of their provincial billings to the company running the clinic to cover rent, staff and insurance. In this case, Telus Health manages the clinic while the physicians are independent contractors who are “100 per cent publicly funded.” “It’s a regular family practice. The physicians are doing everything from preventative care, immunizations, chronic disease management, acute care, whatever the care needs are of their patients,” says Valentinis. One thing the new Toronto MyCare clinic isn’t: a cramped and stuffy space in a lowrise office complex that some may associate with more traditional medical offices. A wall covered with plants about six metres long that stretches to the ceiling greets patients in the clinic’s waiting room on the second floor of Telus Harbour, a 30-storey, LEED Platinum office building next to Scotiabank Arena. Floor-to-ceiling windows that look down on York Street illuminate the seven, gleaming-white examination rooms that are equipped with two computer screens, one for virtual consultations and one for medical charting. One slightly larger examination room can accommodate minor procedures, such as the removal of lumps or bumps. A counselling room featuring cushioned seats offers a quiet space for doctors to have difficult conversations with patients, if necessary, or for breastfeeding moms to find some privacy. A team of clinical operations support staff assist physicians with administration, pharmacy inquiries, referrals and appointment bookings. “We’ve been using technology to try and think about, how do you deliver primary care in a unique way which helps to support the needs of patients and also helps to support the needs of the clinicians who work with us?” says Engst. A key pillar in this quest is the Telus Health MyCare app, a sort of all-in-one platform that not only holds MyCare patients’ electronic medical records, but also allows patients to book same-day or next-day appointments and see physicians at the Union clinic virtually or in-person. Despite the obvious value for patients in a city starved of family doctors like Toronto, the company’s expansion into the health-care space has not been without controversy. A few years ago, Telus Health opened but then closed the doors of a family medicine clinic in downtown Toronto, a move it said was a “strategic decision” to “re-evaluate and refine our approach to supporting health-care needs in Toronto.” “This period of reflection and analysis led to the development and launch of the Telus Health MyCare Union clinic,” the company said in an email. “This new model represents an evolution of our initial concept, incorporating lessons learned and aligning more closely with our goal of improving access to primary care for thousands of Toronto residents.” In late 2022, British Columbia’s Medical Services Commission, responsible for that province’s public health insurance system, went to court seeking an injunction against a separate Telus Health program, called LifePlus, that the government alleged charged patients thousands of dollars a year for care already covered publicly — an illegal practice under the B.C. Medicare Protection Act. In April 2023, the commission and Telus Health reached an agreement and clarified processes to better distinguish insured from uninsured services, the company said. It’s unclear how much, if any, profit Telus is making on the Toronto MyCare clinic, but Engst did say its physicians bill the provincial health system just like any other public health-care clinician, with a portion of those fees going to cover support staff and overhead. A less tangible benefit for the company could be a treasure trove of potentially valuable data. And that has not gone unnoticed by privacy and public health-care advocates, who question what the Vancouver-based company is doing with its now vast holdings of personal health information. “Telus owns most of the electronic medical record (EMR) software market in Canada, including the EMR that I use. All of my prescribing information is in my EMR. Where is the data going and are they monetizing it for secondary use?” says Danielle Martin, chair of the Department of Family and Community Medicine at the University of Toronto. Danielle Martin, chair of the Department of Family and Community Medicine at the University of Toronto, says that while the MyCare Union clinic “is what every doctor and every patient wants and deserves” when it comes to physicians being able to focus on being clinicians instead of running an office, she questions why a private company is stepping in to meet demand instead of the public health-care system. Engst says Telus Health, as both a technology and health-care company, “brings unique capabilities to improve health-care delivery and access.” “To be clear, the Telus Health MyCare Union clinic supports the public health-care system by providing access to publicly insured services,” he added. Martin notes that the province already funds models similar to the MyCare clinics through family health teams and community health centres, but these interprofessional teams — which include not only doctors, but also nurses, social workers, dietitians and pharmacists — only cover about 30 per cent of the population. “This is what creates a market for Telus, because doctors prefer to work in an environment like that and patients prefer to get care in an environment like that,” says Martin, who is also a family doctor. But she questions what Telus Health does with the patient data it retains. “Telus owns most of the electronic medical record (EMR) software market in Canada, including the EMR that I use. All of my prescribing information is in my EMR. Where is the data going and are they monetizing it for secondary use?” Martin says. In an email, Telus Health said it does not sell any data collected by its virtual-care platforms, including MyCare, and is “deeply committed” to the internationally recognized Privacy By Design principles. Privacy by Design, created by Ontario’s former privacy commissioner Ann Cavoukian, is a system based on seven principles intended to proactively embed privacy into information technology and business systems. “All data collected from our services are treated as personal health information and handled in accordance with the rigorous laws and best practices applicable to personal health information,” the company said. 19 Estimated number of hours per week family doctors spend on administrative work Source: Ontario Medical Association Toronto Star graphic Back at the MyCare Union clinic, Wijesundera says the technology deployed by Telus Health is what made working at the clinic attractive as a new medical grad who wants to spend more time seeing patients and less time doing paperwork. “This is potentially going to solve physician burnout,” he says. The Ontario Medical Association reports that family doctors spend about 19 hours per week on administrative tasks, such as writing notes or filling in patient forms. “I get more time to look at the patient, have a conversation and it’s not just me on the computer typing. It’s a nice interaction. The patients feel heard as well.”Milestone deal for DAZN's position as the global home of sport. This acquisition establishes DAZN's sports platform in Australia , one of the world's most attractive sports markets. Foxtel Group will leverage DAZN's global reach, industry-leading technology and extensive content portfolio to further enhance the viewing experience for Australian sports fans. LONDON , NEW YORK , and SYDNEY , Dec. 22, 2024 /PRNewswire/ -- DAZN , a world-leading sports entertainment platform, has today announced an agreement to acquire Foxtel Group (' Foxtel ') from its majority shareholder News Corp and minority shareholder Telstra at an enterprise value of US$2.2 billion , subject to regulatory approval. The acquisition establishes DAZN as a leader in sports entertainment in Australia – a highly attractive sports market – while also expanding DAZN's global footprint and enhancing the group's standing as the global home of sport. The addition of Foxtel to DAZN brings the Group's pro-forma revenues towards US$6 billion and provides the additional content, expertise, and expansion opportunities to accelerate DAZN's growth trajectory. Foxtel is one of Australia's leading media companies, with 4.7 million subscribers, who will benefit from DAZN's extensive portfolio of sports content, platform technology, and global reach. From its beginnings as Australia's original pay-TV innovator, Foxtel has evolved to become a digital and streaming leader in sports and entertainment and the proposed transaction positions Foxtel for continued expansion as a digital-first, streaming-focused business. Foxtel will maintain its local character, led by the CEO, Patrick Delany , and his world-class management team. DAZN, a sports streaming platform with a truly global reach, is committed to growing the global audience for domestic Australian sports across the 200 territories in which it is available. Under the terms of the transaction, News Corp and Telstra will become minority shareholders in DAZN, enabling them to retain an interest in Foxtel. Shay Segev , Chief Executive Officer of DAZN, said: "Australians watch more sport than any other country in the world, which makes this deal an incredibly exciting opportunity for DAZN to enter a key market, marking another step in our long-term strategy to become the global home of sport. Foxtel is a successful business that has undergone a remarkable digital transformation in recent years, and we are confident that our global reach and relentless pursuit of innovation will continue to drive the business forward and ensure long-term success. "We are committed to supporting and investing in Foxtel's television and streaming services, across both sports and entertainment, using our world-leading technology to further enhance the viewing experience for customers. We are also committed to using our global reach to export Australia's most popular sports to new markets around the world, and we will continue to promote women's and under-represented sports. "We're looking forward to working closely with Patrick Delany and his team, as well as News Corp and Telstra as shareholders in DAZN, to realise our ambitious vision for the future of sport entertainment." Siobhan McKenna , the Chairman of Foxtel , said the agreement with DAZN was international recognition of the transformation of Foxtel from an incumbent pay TV operator to a sports and entertainment digital and streaming leader. "Over the last seven years the Foxtel team, with the strong support of News, have achieved an extraordinary turnaround in an intensely competitive environment." Foxtel Group CEO, Patrick Delany , said: "Today's announcement is a natural evolution for the Foxtel Group, having reinvented the company over the past five years as Australia's most dynamic technology-led streaming company. "Kayo and Foxtel provide Australian sports fans with access to the best Australian and international sport and shows, including AFL, NRL and Cricket with 4.7 million subscribers. "We are excited by DAZN's commitment to the Australian market. They are experts in the sports media business and can play a significant role in supporting Foxtel as the business grows its streaming capabilities, bringing a bigger and better service to customers across entertainment, news and sport. They are a perfect match for us as we look toward this next era of growth. "We have been grateful for the support of News Corp while we reimagined the future of Foxtel. In 2019, when we merged Foxtel and Fox Sports we had many people questioning our future. "After launching Kayo later in 2019 and BINGE in 2020, today we are the largest Australian-based streamer of sport and entertainment, we have stabilised our Foxtel base and launched Hubbl to help consumers find all the streamed content they love all in one place. This wouldn't have been possible without the support and encouragement of News Corp." NOTES TO EDITORS About DAZN As a world-leading sports entertainment platform, DAZN streams over 90,000 live events annually and is available in more than 200 markets worldwide. DAZN is the home of European football, women's football, boxing and MMA, and the NFL internationally. The platform features the biggest sports and leagues from around the world – Bundesliga, Serie A, LALIGA, Ligue 1, Formula 1, NBA, Moto GP, and many more including the 2025 FIFA Club World Cup. DAZN is transforming the way people enjoy sport. With a single, frictionless platform, sports fans can watch, play, buy, and connect. Live and on-demand sports content, anywhere, in any language, on any device – only on DAZN. DAZN partners with leading pay-TV operators, ISPs and Telcos worldwide to maximise sports exposure to a broad audience. Its partners include Deutsche Telekom, Orange, Sky, Movistar, Telenet, Vodafone, and many more. DAZN is a global, privately-owned company, founded in 2016, with more than 3,000 employees. The Group generated $3.2bn in revenue in 2023, having grown its annual revenues by over 50% on average from 2020 to 2023, through diverse revenue streams comprising subscriptions, advertising, sponsorship, and transactional. For more information on DAZN, our products, people, and performance, visit www.dazngroup.com . About Foxtel The Foxtel Group is one of Australia's leading media companies with 4.7 million subscribers. Its businesses include subscription television, streaming, sports production and advertising. The Foxtel Group is owned 65% by News Corp and 35% by Telstra. The Foxtel Group's diversified business includes Fox Sports, Australia's leading sports production company, famous for live sports and shows with the best commentators and personalities. It is also the home of local and global entertainment content and continues to be the partner of choice for the widest range of sports and international content providers based on established, long-term relationships, growing streaming audiences, and position as the largest Australian-based subscription television company. SOURCE DAZNGap Inc. Reports Third Quarter Fiscal 2024 Results, Raises Full Year OutlookArthur J. Gallagher & Co. ( NYSE:AJG – Free Report ) had its price target boosted by Barclays from $300.00 to $308.00 in a report released on Thursday, Benzinga reports. The brokerage currently has an equal weight rating on the financial services provider’s stock. Other equities analysts also recently issued reports about the stock. Royal Bank of Canada upped their target price on shares of Arthur J. Gallagher & Co. from $310.00 to $320.00 and gave the stock an “outperform” rating in a research note on Friday, September 20th. UBS Group raised their price objective on Arthur J. Gallagher & Co. from $260.00 to $292.00 and gave the stock a “neutral” rating in a report on Wednesday, July 31st. Truist Financial upped their target price on Arthur J. Gallagher & Co. from $265.00 to $275.00 and gave the stock a “hold” rating in a report on Friday, September 20th. Jefferies Financial Group raised their price target on Arthur J. Gallagher & Co. from $269.00 to $274.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Finally, TD Cowen upped their price objective on shares of Arthur J. Gallagher & Co. from $273.00 to $288.00 and gave the stock a “hold” rating in a research note on Tuesday, August 13th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $289.71. View Our Latest Research Report on Arthur J. Gallagher & Co. Arthur J. Gallagher & Co. Trading Up 0.6 % Arthur J. Gallagher & Co. ( NYSE:AJG – Get Free Report ) last released its earnings results on Thursday, October 24th. The financial services provider reported $2.26 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.26. The business had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.78 billion. Arthur J. Gallagher & Co. had a return on equity of 19.12% and a net margin of 10.40%. The business’s revenue was up 12.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.00 earnings per share. On average, sell-side analysts expect that Arthur J. Gallagher & Co. will post 10.12 earnings per share for the current year. Arthur J. Gallagher & Co. Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 0.79%. The ex-dividend date of this dividend is Friday, December 6th. Arthur J. Gallagher & Co.’s dividend payout ratio is currently 45.71%. Insider Transactions at Arthur J. Gallagher & Co. In related news, President Michael Robert Pesch sold 7,100 shares of Arthur J. Gallagher & Co. stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $296.20, for a total value of $2,103,020.00. Following the completion of the sale, the president now directly owns 33,267 shares in the company, valued at $9,853,685.40. This trade represents a 17.59 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . Also, CFO Douglas K. Howell sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $284.68, for a total transaction of $1,992,760.00. Following the sale, the chief financial officer now directly owns 75,963 shares in the company, valued at approximately $21,625,146.84. This represents a 8.44 % decrease in their position. The disclosure for this sale can be found here . Over the last three months, insiders have sold 23,900 shares of company stock valued at $6,892,280. Corporate insiders own 1.60% of the company’s stock. Institutional Trading of Arthur J. Gallagher & Co. Large investors have recently added to or reduced their stakes in the company. FMR LLC lifted its holdings in shares of Arthur J. Gallagher & Co. by 4.9% during the third quarter. FMR LLC now owns 12,305,478 shares of the financial services provider’s stock worth $3,462,392,000 after purchasing an additional 580,134 shares during the period. State Street Corp lifted its stake in Arthur J. Gallagher & Co. by 0.5% during the 3rd quarter. State Street Corp now owns 8,932,007 shares of the financial services provider’s stock valued at $2,513,199,000 after acquiring an additional 47,656 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Arthur J. Gallagher & Co. by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 5,490,728 shares of the financial services provider’s stock valued at $1,541,044,000 after acquiring an additional 79,429 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Arthur J. Gallagher & Co. by 13.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 3,196,992 shares of the financial services provider’s stock worth $899,538,000 after acquiring an additional 383,130 shares during the period. Finally, Legal & General Group Plc raised its holdings in shares of Arthur J. Gallagher & Co. by 2.7% during the second quarter. Legal & General Group Plc now owns 1,640,938 shares of the financial services provider’s stock worth $425,511,000 after purchasing an additional 42,841 shares during the last quarter. Hedge funds and other institutional investors own 85.53% of the company’s stock. About Arthur J. Gallagher & Co. ( Get Free Report ) Arthur J. Gallagher & Co, together with its subsidiaries, provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide. It operates in Brokerage and Risk Management segments. The Brokerage segment offers retail and wholesale insurance and reinsurance brokerage services; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; and acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverages to underwriting enterprises. 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