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PURCHASE, N.Y.--(BUSINESS WIRE)--Dec 17, 2024-- Mastercard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a quarterly cash dividend of 76 cents per share, a 15 percent increase over the previous dividend of 66 cents per share. The cash dividend will be paid on February 7, 2025 to holders of record of its Class A common stock and Class B common stock as of January 9, 2025. The Board of Directors also approved a new share repurchase program, authorizing the company to repurchase up to $12 billion of its Class A common stock. The new share repurchase program will become effective at the completion of the company’s previously announced $11 billion program (December 2023). As of December 13, 2024, the company had approximately $3.9 billion remaining under the current approved share repurchase program. About Mastercard Incorporated (NYSE: MA) , www.mastercard.com Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential. Forward Looking Statements Statements in this press release which are not historical facts are forward-looking and subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “believe”, “expect”, “could”, “may”, “would”, “will”, “trend” and similar words are intended to identify forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements relating to the manner and amount of purchases by Mastercard pursuant to its share repurchase program dependent upon price and market conditions, as well as Mastercard’s future prospects, developments and business strategies. Forward-looking statements speak only as of the date they are made, and the company undertakes no duty to update any forward-looking statements made in this press release or to conform such statements to actual results or changes in the company’s expectations. View source version on businesswire.com : https://www.businesswire.com/news/home/20241217074044/en/ CONTACT: Mastercard Investor Relations Jud Staniar, 914-249-4565 investor.relations@mastercard.comMastercard Communications Seth Eisen, 914-249-3153 Seth.Eisen@mastercard.com KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: NETWORKS FINANCE BANKING PROFESSIONAL SERVICES TECHNOLOGY SOURCE: Mastercard Investor Relations Copyright Business Wire 2024. PUB: 12/17/2024 04:15 PM/DISC: 12/17/2024 04:17 PM http://www.businesswire.com/news/home/20241217074044/enEAST RUTHERFORD, N.J. (AP) — Malik Nabers said calling the New York Giants “soft” after Sunday's embarrassing loss to the Tampa Bay Buccaneers was a mistake, although the star rookie receiver still plans to speak out when he thinks it's necessary. After talking with coach Brian Daboll and general manager Joe Schoen and watching video of the Giants' 30-7 defeat , Nabers said Tuesday that "soft” was a poor choice of words. “I don’t think it was really soft. I think it was just a lack of technique,” Nabers said. “We were playing our butts off, we just lacked technique.” The Giants (2-9) trailed 23-0 at halftime and had run only 19 plays on offense. Nabers was not targeted in first the half but still finished with a team-high six catches for 64 yards. The No. 6 overall pick in the draft, Nabers said his rant after the game — in which he said the Giants' quarterbacks weren't to blame for the team's poor performance — was just the competitor in him talking. “That’s just how I’m wired. That’s just who I am,” he said. “I just don’t like losing. If I feel like if I had an opportunity to help the team win, I’m going to express that.” Nabers said not being targeted in the opening half was tough because his body is prepared to play and not doing anything throws him off his game. “You’re not getting involved early, then you’re not getting the feel of the ball, you’re not getting hit,” Nabers said. “After football plays as an offense, after you get hit, you’re like, ‘All right, I’m ready to go.’” Nabers has a team-high 67 catches, the most by a player in his first nine NFL games. He said he sees himself as a resource, someone who can change the game for the Giants. “I’m not going to just sit back just because I’m a younger guy and not speak on how I feel,” Nabers said. “They want me to speak up. They feel like my energy helps the offense, in a way, to be explosive. So, of course, I’m going to speak up if something doesn’t go my way. That’s just how I am.” AP NFL: https://apnews.com/hub/nflMika Zibanejad reveals what Rangers locker room talked about moments before facing Buffalo Sabres

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As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights. 📌Contact Us: Mr. Shah Coherent Market Insights Pvt. Ltd, 📞U.S.: + 12524771362 📞U.K.: +442039578553 📞AUS: +61-2-4786-0457 📞INDIA: +91-848-285-0837 ✉ Email: sales@coherentmarketinsights.com About Us: Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. This release was published on openPR.ChatGPT-maker OpenAI has launched o3 and o3 mini reasoning AI model to tackle complex challenges. According to CEO Sam Altman, OpenAI plans to release o3 mini by the end of January, followed by the full o3 model, targeting enhanced performance to attract new investments and users. On a livestream on Friday, Altman explained that this marks the beginning of the next phase of AI, where “these models can handle increasingly complex tasks requiring significant reasoning”. OpenAI’s next leap in solving complex challenges Earlier this year, OpenAI introduced its o1 AI models, designed to dedicate more processing time to solving complex queries. However, the new model has proved to be 20 percent more effective than o1. Ofir Press, a post-doctoral researcher at Princeton University who contributed to developing SWE-Bench, noted the significant improvement, expressing surprise at the remarkable increase and uncertainty about how it was achieved. Moreover, these models excel in tackling challenging problems in fields like science, coding, and math. The company now says its upcoming o3 and o3 mini models, currently undergoing internal safety testing, will surpass the capabilities of the o1 models. The o3 model scored 96.7% accuracy on the AIME 2024 math competition, missing only one question, and achieved 87.7% on GPQA Diamond for scientific reasoning, outperforming typical PhD-level experts at 70%. A standout achievement for o3 was solving 25.2% of problems on EpochAI’s Frontier Math benchmark, a huge jump from the previous model’s 2% accuracy. It also scored 87.5% on the ARC-AGI benchmark, surpassing human performance in conceptual reasoning. A post on X said that “OpenAI o3 ranks 2727 on Codeforces, equivalent to the #175 best human competitive coder in the world”, marking an absolutely superhuman achievement for AI and technology. Furthermore, the o3-mini is a streamlined version of o3, designed for efficiency in coding tasks. It offers strong performance with lower computational costs and adjustable reasoning settings—low, medium, and high—for flexibility across various tasks. The company also introduced a new safety method called deliberative alignment, using the models’ reasoning skills to better identify and manage unsafe prompts. This marks a major advancement in AI safety, improving accuracy in rejecting harmful requests while avoiding the over-refusal of valid ones. Researchers invited to test o3 models OpenAI has invited external researchers to apply for early access to its o3 models, with the application process closing on January 10, Reuters reported . The company sparked an AI arms race with ChatGPT’s launch in November 2022, and its growing success, along with new product releases, helped it secure $6.6 billion in funding last October. Meanwhile, Google is pursuing a similar line of research. Noam Shazeer, a Google researcher, revealed on X that the company has developed its own reasoning model, Gemini 2.0 Flash Thinking. As WIRED writes , the competition between OpenAI and Google continues to grow as both companies work to advance their AI capabilities. OpenAI is working to attract more investment and grow its business, while Google aims to maintain its edge in AI research, with both companies focusing on improving intelligence rather than just scaling up their models.

Tetairoa McMillan, one of the best wide receivers in Arizona history, will skip his final year of eligibility and enter the 2025 NFL Draft, he announced on social media on Thursday. Projected as a top-10 draft pick, the 6-foot-5, 212-pound McMillan finished his illustrious career at Arizona with 3,423 receiving yards, breaking the mark set by Bobby Wade (3,351). In three seasons, the Hawaii native also posted the fourth-most catches (213) and third-most touchdowns (26) in school history. "Wildcat Nation, this journey has been everything I dreamed of and more," McMillan wrote on Instagram. "From the moment I committed to the University of Arizona, to every second spent wearing that Arizona jersey ... it's been an absolute honor. "The University of Arizona has provided me with the platform to grow and chase my dreams. ... Thank you from the bottom of my heart. To the best fans in the country, I appreciate you for all of the love and support you have given me these last 3 years. I will always be a Wildcat." In 2024, McMillan totaled 84 grabs (ninth in Division I) for 1,319 yards (third in Division I) and eight touchdowns for the 4-8 Wildcats. He also ranked third in Division I with 109.9 receiving yards per game. McMillan is a finalist for the Biletnikoff Award, given to the most outstanding receiver in college football. --Field Level Media