NEW YORK, April 14, 2025 (GLOBE NEWSWIRE) -- EXL (NASDAQ: EXLS), a global data and AI company, announced it has been named a Leader and a Star Performer in Everest Group’s Life and Annuities (L&A) Insurance Business Process Services (BPS) and Third-Party Administrator (TPA) PEAK Matrix® Assessment 2025. This is the second consecutive year that EXL has earned this distinction. Everest Group cites EXL’s digital integration of analytics and AI solutions, robust engagement models, and in-house domain expertise ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Core Viewpoint - Bally's Corporation has entered into a binding term sheet with The Star Entertainment Group for a strategic capital investment of AUD $300 million (approximately USD $187 million) through subordinated convertible notes and subordinated debt, aimed at revitalizing The Star's operations and enhancing its long-term potential [1][4][7]. Transaction Details - The transaction involves a multi-tranche issuance of notes, with Bally's potentially owning up to approximately 56.7% of The Star's fully diluted share capital upon conversion of the notes [5][7]. - The first tranche includes: - Tranche 1A: AUD $22.3 million (approximately USD $13.9 million), convertible into shares representing 9.71% of The Star's pre-issue capital [7]. - Tranche 1B: Convertible into shares representing 4.85% of The Star's pre-issue capital [7]. - Tranche 1C: Subordinated non-convertible debt of AUD $66.6 million (approximately USD $41.5 million) [14]. - The second tranche (Tranche 2) is valued at AUD $266.6 million (approximately USD $166.2 million) and is convertible into shares representing 50.3% of The Star's pre-issue capital [14]. Strategic Intent - The transaction is designed to support The Star's turnaround and long-term sustainability, leveraging Bally's operational expertise to enhance business resilience [4][5]. - Bally's aims to restore The Star's position as a leading gaming destination in Australia, with a commitment to collaborative efforts with regulators and stakeholders [4][5]. Regulatory and Approval Process - The issuance and conversion of the notes are subject to shareholder and regulatory approvals, with a shareholder meeting expected in the coming months [6][8]. - A Bally's representative will join The Star's board as an observer during the interim period [6]. Company Background - Bally's Corporation operates 19 casinos across 11 states in the U.S. and has a growing international presence, including the acquisition of Aspers Casino in the UK [12]. - The Star Entertainment Group is a leading Australian gaming company, operating properties in major cities and employing approximately 8,000 team members [3][10].

Core Viewpoint - Marc Mysterio has filed a lawsuit against Amazon and DIstrokid, claiming he has not received royalties for over 80 million streams on Amazon Music, alleging that his music has been shadowbanned due to a programming issue in Amazon's system [1][3]. Group 1: Legal Action and Evidence - The lawsuit was filed in the US District Court for the Southern District of New York, with Mysterio asserting that his music has been shadowbanned, affecting his visibility and royalties [1]. - Mysterio has publicly shared evidence through a 3-Part YouTube series titled "Marc Mysterio Shadowbanning Lawsuit vs Amazon Music" to support his claims [2]. - The shadowban is described as an invisible issue to users, where Mysterio's artist credit is altered to a dash mark, disconnecting his songs from his profile and fan base [3]. Group 2: Streaming Data and Impact - Mysterio's music achieved over 80 million streams from nearly 15 million unique listeners, with a significant portion of streams coming from Amazon Music Stations, which accounted for 55% of his total streams during the specified period [3][5]. - The streaming activity on Taylor Swift's Amazon Music station showed nearly 1 million streams for Mysterio's songs, which dropped to zero around September 16, 2024, coinciding with the shadowban [6][7]. - The lawsuit aims to retrieve logs and data from Amazon Music to demonstrate the impact of the shadowban on Mysterio's streaming activity [10][11]. Group 3: Technical Aspects and Discovery - Amazon Music utilizes a 10-digit identifier code for each artist, which is crucial for the discovery process in the lawsuit [8][9]. - Mysterio's legal team plans to request specific data snapshots from Amazon to prove the existence and effects of the shadowban [11][12]. - The restoration of the related artists section of Mysterio's profile by Amazon after the lawsuit was filed indicates that Amazon has the capability to revert changes, yet the shadowban remains in effect [12].

TORONTO, April 02, 2025 (GLOBE NEWSWIRE) -- Hyyve Inc., Canada’s first real estate agent listing-bid platform and performance-driven marketplace, is proud to announce the appointment of renowned luxury real estate expert Peter Torkan to its Advisory Board. Designed to modernize how real estate transactions are initiated, Hyyve connects motivated home sellers with top-tier agents who compete by submitting their best proposals—showcasing their value, differentiation, and comprehensive sales strategies. This ...

Meta Platforms Today META Meta Platforms $571.76 -4.98 (-0.86%) 52-Week Range $414.50 ▼ $740.91 Dividend Yield 0.37% P/E Ratio 23.89 Price Target $718.55 Add to Watchlist As one of the world's most valuable companies, Meta Platforms NASDAQ: META is massive and complex. The tech company has many products and services through which it aims to generate revenue and profits. One of these products that has been a key growth driver for Meta is Advantage+ Shopping. It has been a notable contributor to Meta's creati ...

Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...

MIAMI, March 26, 2025 /PRNewswire/ -- Star8 Corp. (OTC: STRH), ("Star8" or the "Company"), through it's subsidiary TOMAHAWK SRL an Italian R&D and manufacturing company, specializing in EV, battery storage and electric motor innovations operating and also manufactures EV motorcycles under the brand Scarponi Motorcycles, is proud to announce that it has filed a patent application for a revolutionary Hot Water Heating System aptly named "ZeroTANK System". ZeroTANK System Unlike our Scarponi Motorcycles, ...

Vancouver, British Columbia--(Newsfile Corp. - March 25, 2025) - Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") announces that it intends to complete a non-brokered private placement of up to $3,500,000 through the issuance of up to 35,000,000 common shares (the "Shares") at a price of $0.10 per Share (the "Private Placement"). The Private Placement is subject to the approval of the TSX Venture Exchange (the "Exchange"). All securities issued will be subject to a ...

Core Insights - Star Equity Holdings, Inc. reported a significant increase in fourth quarter revenues and gross profit, with revenues rising 21.1% to $17.1 million and gross profit increasing 55.9% to $4.4 million compared to the same period in the previous year [6][7][9] - The company closed the acquisition of Alliance Drilling Tools (ADT) on March 4, 2025, establishing a new Energy Services division [2][5] - The Building Solutions division experienced strong performance due to the realization of pent-up demand and the adoption of factory-built construction, contributing to a year-end backlog of $17.2 million [5] Financial Performance - Q4 2024 revenues increased to $17.1 million from $14.1 million in Q4 2023, driven by higher activity in Building Solutions and contributions from Big Lake Lumber and Timber Technologies Solutions [6][8] - For FY 2024, total revenues reached $53.4 million, up 16.5% from $45.8 million in FY 2023 [7][8] - The gross profit for Q4 2024 was $4.4 million, compared to $2.9 million in Q4 2023, reflecting a gross margin increase to 26.0% [9][10] Operating Expenses and Cash Flow - Total operating expenses for Q4 2024 increased by $1.3 million, primarily due to the inclusion of operations from BLL and TT [11] - Cash flow from operations for Q4 2024 was an outflow of $1.5 million, compared to a neutral cash flow in the same period of the previous year [16] Net Income and Adjusted EBITDA - The net loss from continuing operations for Q4 2024 was $2.5 million, or $0.77 loss per share, compared to a net income of $1.8 million in Q4 2023 [12] - Non-GAAP adjusted EBITDA for Q4 2024 was a gain of $1.1 million, a significant improvement from a loss of $0.1 million in the same quarter of the prior year [15] Backlog and Future Outlook - The Building Solutions division ended Q4 2024 with a backlog of $17.2 million, indicating strong future revenue potential [5][17] - The company anticipates a positive start to 2025, supported by the integration of ADT and ongoing growth initiatives [5]