Chats and forums – Amity Source http://amitysource.com/ Tue, 22 Nov 2022 05:08:21 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://amitysource.com/wp-content/uploads/2021/07/icon.png Chats and forums – Amity Source http://amitysource.com/ 32 32 Cutera, Inc. to Participate in Fireside Chat at Piper Sandler’s 34th Annual Healthcare Conference https://amitysource.com/cutera-inc-to-participate-in-fireside-chat-at-piper-sandlers-34th-annual-healthcare-conference/ Mon, 21 Nov 2022 22:02:35 +0000 https://amitysource.com/cutera-inc-to-participate-in-fireside-chat-at-piper-sandlers-34th-annual-healthcare-conference/ Content of the article BRISBANE, Calif. – Cutera, Inc. (Nasdaq: CUTR) (“Cutera” or the “Company”), a leading provider of aesthetic and dermatology solutions, today announced that Dave Mowry, Chief Executive Officer, and Greg Barker, Vice President, Corporate FP&A, will participate in a fireside chat at Piper Sandler 34e Annual Healthcare Conference at 2:00 p.m. ET […]]]>

Content of the article

BRISBANE, Calif. – Cutera, Inc. (Nasdaq: CUTR) (“Cutera” or the “Company”), a leading provider of aesthetic and dermatology solutions, today announced that Dave Mowry, Chief Executive Officer, and Greg Barker, Vice President, Corporate FP&A, will participate in a fireside chat at Piper Sandler 34e Annual Healthcare Conference at 2:00 p.m. ET on Wednesday, November 30, 2022, at the Lotte New York Palace Hotel, New York, NY.

The Fireside Chat will also be webcast and accessible from the Investor Relations section of Cutera’s website at http://www.cutera.com/. The replay of the webcast will be available on the same site approximately one hour after the end of the event.

Content of the article

About Cutera, Inc.

Cutera, based in Brisbane, CA, is a leading provider of aesthetic and dermatology solutions for practitioners worldwide. Since 1998, Cutera has been developing innovative, easy-to-use products that harness the power of science and nature to enable physicians to deliver safe and effective treatments to their patients. For more information, call +1-415-657-5500 or 1-888-4CUTERA or visit www.cutera.com.

Source: Cutera, Inc.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20221121005907/en/

contacts

Cutera, Inc.
Greg Barker
Vice President, Corporate FP&A
415-657-5500
IR@cutera.com

#distro

]]>
CFTC Ooki DAO Enforcement Action Update: Commission Responds | Proskauer – Blockchain and the law https://amitysource.com/cftc-ooki-dao-enforcement-action-update-commission-responds-proskauer-blockchain-and-the-law/ Sat, 19 Nov 2022 02:59:11 +0000 https://amitysource.com/cftc-ooki-dao-enforcement-action-update-commission-responds-proskauer-blockchain-and-the-law/ On September 22, 2022, the CFTC announced an order simultaneously filing and settling charges against bZeroX, LLC (“bZeroX”) and its creators for illegally offering leveraged and margined retail trades on digital assets, operating as an unregistered forward commission merchant and failing to perform KYC on its clients. According to the CFTC, a month prior to […]]]>

On September 22, 2022, the CFTC announced an order simultaneously filing and settling charges against bZeroX, LLC (“bZeroX”) and its creators for illegally offering leveraged and margined retail trades on digital assets, operating as an unregistered forward commission merchant and failing to perform KYC on its clients. According to the CFTC, a month prior to this settlement announcement, bZeroX transferred control of the bZx protocol to bZx DAO, a Decentralized Autonomous Organization (“DAO”), which later renamed itself Ooki DAO. On the same day that the bZeroX regulations were announced, the CFTC filed a lawsuit against the Ooki DAO (bZeroX successor) for violating those same regulations. The CFTC said bZeroX and its creators were engaging in this illegal activity in connection with their blockchain-based decentralized software protocol that operated similarly to a trading platform. Trades executed on bZeroX, and then on the Ooki DAO, had to take place on a registered designated contract market. In addition, the complaint claimed that bZeroX and Ooki DAO operated as unregistered futures commission merchants by soliciting and accepting customer orders, accepting cash or goods as margin, and extending credit. .

The structure of Ooki DAO and the CFTC’s enforcement action against the DAO itself has attracted much media attention (and industry backlash) and raised new legal issues.

A DAO is a decentralized autonomous organization where token holders, here Ooki “governance” token holders, have the ability to vote on DAO governance decisions. Specifically, the CFTC alleged that the Ooki DAO is an “unincorporated association” made up of “holders of Ooki tokens who have voted to have those tokens govern the Ooki Protocol.” The CFTC sued the Ooki DAO, arguing implicitly that because token holders participated in the governance of the DAO, they could be personally liable for its actions. In response to the CFTC’s actions, several interested parties have filed amicus briefs or asked the CFTC to enact rules to clarify the obligations of those participating in a DAO and avoid crippling innovations in software development.

For example, on October 31, 2022, Haun Ventures, a venture capital firm, petitioned the CFTC to enact a rule limiting the scope of liability of DAO participants. The petition called for more “clarity and certainty” from the Commission on the obligations and responsibilities of individual participants in the DAO. Haun Ventures claimed that the CFTC’s action against Ooki DAO has had a chilling effect on DAOs in general and discourages the participation of good players. Further, Haun Ventures argued that the CFTC’s action against Ooki DAO goes beyond the Commission’s mandate by creating liability even for DAO participants who do not “actively engage in or engage in illegal activities”. not facilitate”. Other interested parties also objected to the CFTC’s “expanding” liability theory, which would “trap” token holders who had no part in the decisions that contributed to the alleged DAO violations.

In the petition, Haun Ventures recommended a new rule limiting liability to DAO token holders who actively engage in or facilitate a violation of the Commodities Exchange Act and CFTC regulations. Accountability would require actively voting for, or otherwise supporting, the underlying proposition or action that results in a violation. The petition from Haun Ventures states that such a rule would have a positive impact on the governance of the DAO by clarifying that token holders can vote on the proposals without holding themselves accountable for all future actions of the DAO.

The amicus briefs also objected to the unconventional and novel method by which the CFTC served the subpoena and complaint on Ooki DAO. As the Ooki DAO is made up of anonymous users (who may or may not reside in the United States), the CFTC noted that there are “significant obstacles to the traditional meaning of the procedure” and asked the court to authorize the Commission to serve the subpoena and complaint on the Ooki DAO via what the CFTC has identified as the “method that the Ooki DAO itself offers to communicate with it.” On October 3, 2022, a California District Court granted the CFTC’s motion to perform substitute service against Ooki DAO and approved that the CFTC serve the summons and complaint via the “Help Chat Box” on Ooki DAO’s website. ‘Ooki DAO and also publish notice of summons and complaint. on the “Ooki DAO Online Forum”. (CFTC vs. Ooki DAO, no. 22-5416 (ND Cal. 3 Oct. 2022)). Since the CFTC provided the documents in this manner on September 22, 2022, the court held that the Commission had effectively served the Ooki DAO on that date.

Following the alternative service ruling, the court received a request to file an amicus brief expressing concerns about the alternative service order, which it granted, as well as other friend requests; Subsequently, an analysis of the record shows that the court has set December 7, 2022 as the date for a hearing on the reconsideration of the alternative service order. Broadly speaking, the amicus briefs argue that a DAO is not like a traditional business entity where notification to the central organization is sufficient for due process and there is no legal basis. to declare that a DAO is a “person” under the Commodity Exchange. Law (which includes “associations” under this definition). The memoirs further claim that DAO token holders are not required to participate in the Ooki DAO online forum and that a DAO is by definition decentralized and that online forum posting and the help chat associated with the DAO will not necessarily provide an “actual review”. to all potential defendants as required by law. The amici argue that if the CFTC wishes to hold individuals accountable for violations of CFTC regulations, it should identify the individuals who violated the regulations and provide appropriate procedural service.

In response, on November 14, 2022, the CFTC filed a consolidated opposition to amicus briefs on this issue, arguing that the court should not reconsider its order confirming service, as the CFTC’s method of service followed applicable law. and resulted in an effective notice. On this issue, the CFTC argues that the law does not require it to serve all members of an unincorporated association, which it considers to be the Ooki DAO, to effect service of process. Overall, the CFTC argues that the Ooki DAO meets the “well-established definition of an unincorporated association” and strongly disagrees with the amici’s characterization of this action:

“The CFTC is not suing the technology…the CFTC’s action is not against the blockchain-based Ooki protocol, but against the Ooki DAO, an association that acts and makes collective decisions regarding the Ooki protocol voting by its governance token holders.”

In its opposition papers, the CFTC clarified its intentions and commented on the uproar around the possibility of joint and several liability for members of Ooki DAO. He reiterated that he had not sued any individual member of Ooki DAO (listing only the unincorporated association of Ooki DAO, and not any individual member of Ooki DAO, as a defendant), and the Nor did the complaint request that the court enter judgment against an individual member of Ooki DAO on the basis of that member’s joint and several liability for judgment against the Ooki DAO. As the CFTC explained in its opposition materials, in the hypothetical event that the CFTC seeks and obtains a monetary judgment against the Ooki DAO, the CFTC could only enforce that judgment against the assets of the Ooki DAO. ‘Ooki DAO.

With many potential legal issues wrapped up in a motion to reconsider procedural alternative service on the Ooki DAO, we’ll be watching closely to see how the court rules.

]]>
upNXT 11/15/22: It’s a New Dawn – POST Wrestling https://amitysource.com/upnxt-11-15-22-its-a-new-dawn-post-wrestling/ Wed, 16 Nov 2022 20:13:18 +0000 https://amitysource.com/upnxt-11-15-22-its-a-new-dawn-post-wrestling/ Photos courtesy of WWE David Portman and John Siino discuss the November 15, 2022 edition of WWE NXT featuring the headliner Mandy Rose versus Alba Fire in a Last Woman’s Standing Match for the NXT Women’s Championship! Braden and Davie give their take on the entire show which included: Mandy Rose versus Alba Fire (Last […]]]>
Photos courtesy of WWE

David Portman and John Siino discuss the November 15, 2022 edition of WWE NXT featuring the headliner Mandy Rose versus Alba Fire in a Last Woman’s Standing Match for the NXT Women’s Championship!

Braden and Davie give their take on the entire show which included:

  • Mandy Rose versus Alba Fire (Last Women’s Standing Match for the NXT Women’s Championship)
  • Bron Breaker versus Von Wagner (NXT Championship)
  • JD McDonagh versus Apollo Crews
  • Indie Hartwell versus Tatum Paxley
  • Briggs & Jensen vs. the Dyad
  • Indus Sher vs. George Cannon and Ariel Dominguez

The guys also discuss the announcement of the “Iron Survivor Match”, the signing of the contract between Wes Lee and Carmelo Hayesthe beginnings of dawn islandtheorize who they think SCRYPTS is…and more!

Join our live POST shows, WatchAlongs and watch us perform on twitch.tv/upnxtpodcast

  • Tuesday: upNXT – NXT Review (Free Show/Twitch)
  • Wednesday: Shot In The Dark with John “Cno Evil” Siino
  • Wednesday: BDElite – AEW Dynamite Review (Free Stream/Twitch)

Support this podcast on Patreon.com/upNXT for bonus podcasts including NXT Retro Reviews, Best Match Ever, Top 5, Reviews from the 6ix, and more. This week:

  • November 14: Greatest Game Ever – Randy Savage
  • November 19: POST Wrestling 5th Anniversary Show

Last week’s shows included NXT – WWE NXT November 20, 2013, Ratatouille (2007)…and more!

Only $5 for the NA tier to access all of these shows and everything in the back catalog!

Courtesy of WWE

upNXT theme by: Warren-D, PXCH and Shaheen Abdi

Subscribe: https://www.postwrestling.com/subscribe

Facebook: https://www.facebook.com/groups/702343790308154

Tic: https://twitch.tv/upNXTpodcast

Boss : http://www.patreon.com/upNXT

Youtube: https://www.youtube.com/upNXT

T shirts: https://www.prowrestlingtees.com/upnxt

Discuss: https://forum.postwrestling.com

]]>
Bond managers expect a better 2023 amid recession and volatility https://amitysource.com/bond-managers-expect-a-better-2023-amid-recession-and-volatility/ Mon, 14 Nov 2022 08:25:36 +0000 https://amitysource.com/bond-managers-expect-a-better-2023-amid-recession-and-volatility/ By Anisha Sircar and Lisa Pauline Mattackal Nov 14 (Reuters) – Bond portfolios could post better returns next year as investors seek protection from the economic downturn and volatility in other assets, bond fund managers said. Bonds may start to “normalize a bit” after adjusting to the end of quantitative easing and negative rates this […]]]>

By Anisha Sircar and Lisa Pauline Mattackal

Nov 14 (Reuters) – Bond portfolios could post better returns next year as investors seek protection from the economic downturn and volatility in other assets, bond fund managers said.

Bonds may start to “normalize a bit” after adjusting to the end of quantitative easing and negative rates this year, Jim Cielinski, global head of fixed income at Janus Henderson Investors, said on Friday. Reuters Global Markets Forum (GMF).

“Bond prices are likely to … rise in a friendlier expectation for the Federal Reserve,” he said.

Bond prices have been affected by rising interest rates and uncertainty surrounding central bank policy this year.

“US fixed income looks attractive at the moment,” said Jonathan Mondillo, head of North American fixed income at abrdn.

Mondillo said bond markets will remain volatile in 2023, but expected positive total returns, particularly in corporate and municipal debt, both of which look attractively priced relative to equity markets.

The ICE BofA U.S. Treasury Index is poised for its biggest annual decline on record, while the benchmark 10-year U.S. Treasury yield trades around its highest levels since 2008.

“The worst is probably behind us,” Mondillo said.

Both managers see an economic downturn next year, with Cielinski pointing to “credit growth, real incomes and high inventories” as signs of trouble ahead.

Cielinski recommended mortgages and other asset-backed securities, as well as more permanent allocations to cash and treasury instruments.

“Asset classes that are too shaken by liquidity but have better protection against a slow economy look attractive,” he said.

As the most volatile period for traders in years draws to a close, the year-end race for cash and high-quality assets is likely to prove tougher than usual in the markets.

(Join GMF, a chat room hosted on Refinitiv Messenger: https://refini.tv/33uoFoQ)

(Reporting by Lisa Pauline Mattackal and Anisha Sircar in Bengaluru; Editing by Divya Chowdhury and Kirsten Donovan)

]]>
Twist Bioscience Stock: Cash burn continues to be the problem (NASDAQ: TWST) https://amitysource.com/twist-bioscience-stock-cash-burn-continues-to-be-the-problem-nasdaq-twst/ Fri, 11 Nov 2022 17:17:00 +0000 https://amitysource.com/twist-bioscience-stock-cash-burn-continues-to-be-the-problem-nasdaq-twst/ Evgenii Kovalev It is amazing how complete the illusion that beauty is goodness is.“- Leo Tolstoy We put our first research paper on Twist Bioscience Corporation (NASDAQ: TWST) in May this year. The company has been somewhat in the news in recent months and the stock jumped almost 20% in trading on Thursday, coinciding with […]]]>

Evgenii Kovalev

It is amazing how complete the illusion that beauty is goodness is.“- Leo Tolstoy

We put our first research paper on Twist Bioscience Corporation (NASDAQ: TWST) in May this year. The company has been somewhat in the news in recent months and the stock jumped almost 20% in trading on Thursday, coinciding with the biggest daily rally in markets since 2020. Therefore, it seems like the time has come to look back on this unique game in the field of biology. An updated analysis follows below.

Stock chart

Looking for Alpha

Company presentation:

Twist Bioscience Corporation is headquartered in South San Francisco. The stock is currently trading at nearly $34.00 per share and has an approximate market capitalization of $1.8 billion. The Company manufactures and sells synthetic DNA products from its DNA synthesis platform which enables the manufacture of synthetic DNA by writing DNA onto a silicon chip. Among the products offered by Twist are synthetic genes, sample preparation tools, antibody libraries for drug discovery and development, and DNA as a digital data storage medium. These products have many uses in the industrial, agricultural and medical fields.

Second quarter results:

On August 5, the company released its second quarter results. The company lost $1.08 per share on a GAAP basis. Despite the deep loss, it was nearly a quarter share above consensus. Revenue increased 60% year over year to $60.1 million, about $4 million higher than expected.

Income distribution

Presentation of the company in August

The company launched several new products during the quarter, including its MRD Rapid 500 panel which allows customers to implement fully customizable panels for $50 per sample. Twist’s revenue comes from three main sources/industries. Here’s how they fell apart in the second quarter.

Next Generation Sequencing or NGS:

ENG income

Presentation of the company in August

Synthetic biology:

Synthetic biology revenue

Presentation of the company in August

Biopharma:

Biopharma revenues

Presentation of the company in August

Additionally, DNA can be used to encode and store digital data and the company continues to develop its data storage capabilities. The company is investing approximately $40 million of its planned R&D spending of $125 million in 2022 in this effort. In Q2, Twist participated in panels and presentations at key data storage and industry conferences including the 12th Annual Fujifilm Global IT Executive Summit, MRS 2022 Spring Meeting and Expo and the top on flash memory. Management estimates that DNA data storage could eventually represent a $2 billion annual market for the company.

Data Storage Efforts

Presentation of the company in August

Management raised its fiscal 2022 sales forecast to about $203 million, an increase from its previous forecast of $191 million to $199 million. Management expects a net loss of approximately $250 million for the current fiscal year.

RECENT DEVELOPMENTS:

In late October, the company promoted its chief commercial officer to the new president and chief operating officer. Last week, the company announced that it would partner with Illumina (ILMN) to expand customer access to the Illumina Exome 2.0 Plus panel to promote disease research. Finally, Twist revealed in mid-September that it will work with Enzolytics (OTCPK:ENZC) on the discovery of monoclonal antibodies against several viruses.

Analysts’ comments and review:

Since the release of second quarter figures, the analyst community has been mixed on Twist’s outlook. Goldman Sachs reissued its sell rating and price target of $35, while last month SVB Securities maintained its hold rating and price target of $46 on TWST. Barclays ($45 price target) and Robert W. Baird ($56 price target) reiterated buy ratings on the stock.

Approximately 11% of TWST’s outstanding float is currently held short. There have been frequent but generally modest selling by many insiders here in 2022. In Q3 they sold just over $1 million in total equity. The company ended the second quarter with just over $525 million in cash and marketable securities on its balance sheet after posting a net loss for the quarter of $60.5 million. The company posted a net loss of $60.7 million in the first quarter of this year.

Verdict:

The analyst firm’s current consensus is that the company will lose about $4.50 per share in fiscal 2022, even if revenue increases more than 50% to just north of $200 million. They forecast similar losses for fiscal 2023, even if sales exceed $250 million.

Twist Bioscience shows solid revenue growth. Unfortunately, the company continues to lose cash substantially and is likely to do so continuously until at least fiscal 2023. The company has over half a billion dollars of cash on its balance sheet. DNA data storage offers intriguing long-term possibilities. The company is also building a 110,000 square foot facility that is expected to be completed in 2023 and is expected to generate economies of scale and open up the fast gene market.

However, until Twist Biosciences management shows meaningful progress in reducing its quarterly cash burn rate and is much closer to breaking even; I will avoid sharing. We should get a new set of data points to analyze, it’s worth noting, as Q3 results will be released shortly.

The greater the gap between self-perception and reality, the more aggression is unleashed on those who report the gap.”― Stefan Molyneux

]]>
Online threats inundate election workers https://amitysource.com/online-threats-inundate-election-workers/ Tue, 08 Nov 2022 12:13:20 +0000 https://amitysource.com/online-threats-inundate-election-workers/ Comment this story Comment Since the 2020 election, threats have followed Colorado Secretary of State Jena Griswold (D) on her Facebook and Instagram pages, in her email inbox and Twitter feed, and on fringe social media . “Watch your back,” one Facebook post read. “I KNOW WHERE YOU SLEEP, I SEE YOU SLEEP. BE AFRAID, […]]]>

Comment

Since the 2020 election, threats have followed Colorado Secretary of State Jena Griswold (D) on her Facebook and Instagram pages, in her email inbox and Twitter feed, and on fringe social media .

“Watch your back,” one Facebook post read. “I KNOW WHERE YOU SLEEP, I SEE YOU SLEEP. BE AFRAID, BE VERY AFRAID.”

“Penalty for treason? Hanging or firing squad. You can choose Griswold,” an Instagram comment read.

Griswold’s office has identified hundreds of other threats against her since 2020, when she said Donald Trump’s attempt to overturn the election results exposed her to a torrent of abuse. While her office is in communication with major tech companies to combat harassment and misinformation, she said it’s clear Silicon Valley isn’t responding adequately.

“The ‘big lie’ and misinformation about the election was used to push voter suppression, destabilize the election, corrode trust and that led to political violence,” Griswold said. “It’s a huge problem.”

Midterm reviews pose new test of American democracy after two years under fire

The flood of online harassment Griswold has endured over the past two years is indicative of a wave of threats that have targeted election workers at all levels, from secretaries of state to poll workers. Election experts say the threats are a direct result of false narratives about the 2020 election that have spread in part on social media and have catapulted once-obscure administrators and county officials to the center of viral hoaxes and theories of the conspiracy.

Election officials who have been targeted online and law enforcement officials are bracing for a new wave of threats on Election Day and its aftermath, when new allegations of voter fraud are expected to lead to more violent rhetoric online .

The FBI declined to comment for this story. Last month, the agency issued a warning about threats against election workers and said it continues to “prioritize the identification, mitigation and investigation of threats against election workers.” He asked the public to submit information related to election crimes through local offices or his website.

Jen Easterly, director of the government’s Cybersecurity and Infrastructure Security Agency, told a forum last week that local law enforcement also played a vital role in securing the election. CISA spent several weeks doing nationwide trainings on how to de-escalate situations.

“Securing elections is a nonpartisan activity, and there is no room for threats,” she said. “It is unacceptable.”

Election officials across the country, including in competitive states such as Arizona and Pennsylvania, say the threats come in waves and track what’s happening in the news. Allie Bones, Arizona’s assistant secretary of state, said her office expects Election Day week to be “active.”

This year, GOP deniers got a free pass from Twitter and Facebook

The ongoing harassment has contributed to high turnover among election officials across the country. According to a survey released earlier this year by New York University Law’s Brennan Center for Justice, 1 in 5 election officials are unlikely to continue serving until 2024. Politicians’ attacks on the system and stress are the main reasons they consider leaving, according to the study.

“It’s a daily challenge,” said Lisa Deeley, who as chair of the Philadelphia city commissioners oversees the city’s elections. “Work has changed so much because every day you get thrown out the kitchen sink, all the vegetables in the fridge, and all the sheets and towels in the linen closet.”

Election officials across the country say they are in communication with major tech platforms to address any new threats. Election officials in states such as Arizona, New Mexico and Pennsylvania say they have had conversations with representatives of companies such as Facebook and Twitter where the issue of election-related threats has been discussed.

Twitter, which recently laid off most of its communications staff, did not respond to a request for comment. The company has long had a policy prohibiting threats against election officials and continues to enforce it, said a person familiar with the matter, who spoke on condition of anonymity to candidly discuss the company’s election plans. . Meta, the parent company of Facebook and Instagram, earlier this year shared guidance with CISA and all 50 election offices outlining how to help election officials stay safe online.

“We encourage anyone who encounters potentially infringing content to use the many reporting tools we make available directly within our apps so that we can quickly review it,” Meta spokesperson Dani Lever said. “We have also expanded our policies to address coordinated harassment and threats of violence against election officials and election officials.”

But most states and counties don’t have dedicated personnel to monitor the extent of ongoing threats.

On Election Day, the Arizona Secretary of State’s office will rely on a group of interns to keep tabs on what’s going on online, though their main focus will be to answer any questions people are asking about the vote.

“We don’t have security personnel monitoring all comments,” Bones said. “It’s quite traumatic having to go through all that and see what people are saying about you, your office or your boss.”

And fringe social networks or more private discussion channels, where researchers say much of the most violent rhetoric occurs, remain a blind spot for most election officials.

As the election approached, there were multiple threats generally against people counting ballots on sites such as Gab and .win forums. On Gab, people shared images of guns with captions such as “When it takes too long to count the ballots and it drags on into another day” and “When the windows are covered for count the illegal ballots”.

Women of color running for office face higher rates of violent online threats

Since the 2020 elections, increased efforts have been made to address threats against election officials, online and offline. The Department of Justice launched a task force in 2021 focused on protecting election officials. By August, the task force had reviewed more than 1,000 “harassing contacts” directed at election workers, and about 11% had met the threshold for a federal criminal investigation. The task force said it is indicting four federal cases and joining one other case. There have also been several lawsuits.

However, frontline election officials say these lawsuits represent only a fraction of the threats they receive.

At the state level, there has been increased pressure to pass legislation. Washington state recently passed a law that would make it a crime to threaten an election worker online, and Colorado now has a law that would prohibit posting an election official’s information online to harass them. Other states are considering similar measures.

Online threats and doxing against election officials were the focus of the Jan. 6 Congressional Committee hearings. Al Schmidt, a former Republican Philadelphia City Commissioner, told the committee that after Trump tweeted about him, he and his family received death threats. Shaye Moss, an election operative from Georgia, said she was stunned to see horrific threats flooding her Facebook Messenger inbox after Rudy Giuliani, then Trump’s top campaign lawyer, publicly claimed that she and his mother had rigged the election results.

“Lots of threats wishing me dead, telling me I’ll be in jail with my mum and saying things like, ‘Be glad it’s 2020 and not 1920,'” she said.

David Becker, executive director and founder of the nonpartisan, nonprofit Center for Election Research and Innovation, said the threats come not because officials “did something wrong, but because they achieved the greatest success in the history of democracy” in 2020. .

“There’s a real toll taken here from real human beings,” Becker said. “There is no pot of gold at the end of this rainbow. Election officials don’t get rich and famous. Your best-case scenario as an election official is anonymity.

Tim Starks contributed to this report.

]]>
Dynavax Technologies stock: stunning results, but little respect https://amitysource.com/dynavax-technologies-stock-stunning-results-but-little-respect/ Sat, 05 Nov 2022 05:35:15 +0000 https://amitysource.com/dynavax-technologies-stock-stunning-results-but-little-respect/ jarun011 When I was a child, my parents moved a lot, but I always found them.” – Rodney Dangerfield Dynavax Technologies (NASDAQ: DVAX) beat third-quarter expectations by releasing quarterly numbers after the bell on Thursday. Despite constant blows quarterly results, the stock has largely languished in 2022 on fears that its Covid adjuvant sales will […]]]>

jarun011

When I was a child, my parents moved a lot, but I always found them.” – Rodney Dangerfield

Dynavax Technologies (NASDAQ: DVAX) beat third-quarter expectations by releasing quarterly numbers after the bell on Thursday. Despite constant blows quarterly results, the stock has largely languished in 2022 on fears that its Covid adjuvant sales will fall sharply in 2023 as the Covid pandemic ebbs. However, the company is a schemer’sum of a part‘ story that doesn’t seem to be respected by the markets right now. An analysis follows below.

Stock chart

Looking for Alpha

Company presentation:

Dynavax Technologies is based just outside of San Francisco. Its main long-term product is HEPLISAV-B. It is a vaccine against hepatitis B, which is rapidly gaining market share because it is more effective (95% compared to 81%) than the previous standard of care Entergis-B. It can also be delivered via two doses over one month rather than three doses over six months, achieving a much higher level of compliance. HEPLISAV-B was developed from Dynavax’s toll-type receiver [TLR] immune modulation platform.

Key Strategic Priorities and Growth Drivers

November Company Presentation

However, what is currently fueling the company’s growth and earnings is an adjuvant (CpG 1018) developed by Dynavax that has become a core component of several COVID-19 vaccine products primarily outside the United States. Currently, the stock sells around twelve dollars worth of stock and has an approximate market capitalization of just under $1.5 billion.

Third quarter results:

On Thursday, the company released third quarter numbers. Dynavax posted a GAAP profit of 43 cents, a penny a share above expectations. Revenue rose 55% year-over-year to $167.8 million, beating consensus of about $8 million.

Third Quarter 2022 Financial Highlights

November Company Presentation

The bulk of the quarter’s overall revenue came from sales of CpG 1018 adjuvant. They were $126.3 million compared to $84.3 million in the third quarter of 2021. However, product revenue HEPLISAV-B vaccine showed a larger percentage increase year over year. Net sales during the quarter were $37.5 million, compared to $22.7 million in the same period a year ago. HEPLISAV-B also increased its overall market share from 25% to 32%.

Continued growth of HEPLISAV-B

November Company Presentation

Management has also provided the following forward-looking guidance to investors for fiscal 2022.

Dynavax plans: FY 2022 Guidance

November business tips

Finally, the company continues to advance two early/mid-stage vaccine candidates for shingles and Tdap using its CpG1018 adjuvant technology.

ADVANCED VACCINE PROGRAM 2022 EXPECTED CATALYSTS

November Company Presentation

Analysts’ comments and results:

Since the third quarter earnings release, Goldman Sachs ($21 price target), JMP Securities ($22 price target) and HC Wainwright ($28 price target) have all reissued buy ratings on the action.

Surprisingly, nearly 14% of the stock’s outstanding float is currently held short. One director sold nearly $45 million of his shares in mid-August at just under $15.00 a share, but still retains just over 60% of his holdings. Other insiders have sold about $3 million in total of their shares so far in 2022. The company ended the third quarter with just over $585 million in cash and marketable securities on its balance sheet versus a just over $200 million in long-term debt.

Verdict:

Current analyst consensus is that the company will make $1.70 per share of earnings in fiscal 2022, with revenue growing nearly 60% year-over-year to $695 million. They expect Dynavax to suffer a slight loss in fiscal year 2023, thanks to lower adjuvant sales that drive revenue down 40%. It should be noted that there is a large discrepancy for the next fiscal year, both in sales and earnings estimates.

There’s a lot to love about Dynavax’s long-term history. Its main vaccine HEPLISAV-B continues to gain market share. The company has huge net cash and is developing a few other vaccines using its proven CpG 1018 adjuvant technology platform. The central question for investors is how quickly CpG 1018 Covid vaccine sales are falling from by 2023 as the pandemic ebbs globally.

DEVELOPMENT OF PRODUCT ANTIGENS

November Company Presentation

The one big insider sell in August is of some concern, but the stock is well below analysts’ firm price targets that have been released in the past 24 hours. Given the company’s recent quarterly beats, there is a good chance Dynavax will remain profitable in fiscal 2023 as HEPLISAV-B continues to gain market share and the company further advances its vaccine candidates.

The options around these stocks are both liquid and lucrative, which is why I continue to hold most of my core stake in DVAX via covered call positions. It’s been a profitable strategy for a few years now, and I expect it to continue to be so as Dynavax continues to perform better than the company is respected in the market.

The way my luck is turning, if I was a politician I’d be honest.” – Rodney Dangerfield

]]>
Stanford’s Arun Majumdar and Yi Cui talk about energy innovation https://amitysource.com/stanfords-arun-majumdar-and-yi-cui-talk-about-energy-innovation/ Tue, 01 Nov 2022 23:27:59 +0000 https://amitysource.com/stanfords-arun-majumdar-and-yi-cui-talk-about-energy-innovation/ As more countries and organizations around the world commit to achieving sustainability goals in the face of the increasingly damaging impacts of climate change, Stanford and the academy as a whole must play an active role. in the transition to clean energy, according to Arun Majumdar, dean of the Stanford Doerr School of Sustainability. Yi […]]]>

As more countries and organizations around the world commit to achieving sustainability goals in the face of the increasingly damaging impacts of climate change, Stanford and the academy as a whole must play an active role. in the transition to clean energy, according to Arun Majumdar, dean of the Stanford Doerr School of Sustainability.

Yi Cui, director of the Precourt Institute for Energy, and Arun Majumdar, dean of the Stanford Doerr School of Sustainability, chat by the fire during Stanford Energy Innovation Day. (Image credit: Steve Castillo)

“Academia needs to step up this mix and help and enable this global ecosystem [that] wants to go in the right direction,” he said during a fireside chat with Yi Cui, director of the Precourt Institute for Energy, Tuesday morning at McCaw Hall at the Stanford Alumni Center.

Majumdar noted that while universities can provide education, ideas and talent, they cannot act alone. “Partnership is absolutely essential.”

The conference was part of Stanford’s Energy Innovation Day, which brings together research professors, startups, venture capitalists, angel investors, corporations and others to discuss deploying energy solutions to speed and scale. Topics included innovation and entrepreneurship, AI digitization and integration, batteries, charging infrastructure, grid transformation, energy storage, transportation and zeroing out. carbon.

The event included a startup showcase, presentations and a networking reception. It kicks off the Stanford World Energy Forum, a three-day gathering of world leaders engaged in strategic dialogue on the future of energy.

Energy Innovation at Stanford

The fireside chat opened with a discussion of the difference between innovation for energy and innovation for information technology. Majumdar noted that there are infrastructure issues associated with the former. For example, fiber optic infrastructure for communications has only been developed in recent decades, but energy infrastructure, such as the power grid, has been around for over a century and is therefore more difficult to change.

“This grid has spread all over the world,” he said, adding that enterprise markets are built around this architecture. “In many ways, [innovating for] the energy space is different because that infrastructure already exists.

When the discussion turned to business, Cui recounted the challenges he faced when starting a business years ago. “It turned out that it took 14 years to produce something that was scalable to bring to market,” he said. “It’s a long journey. Technology is difficult. Scaling is difficult.”

Majumdar agreed and noted the importance of combining evolutionary ideas with research. To help solve this problem, the Doerr School of Sustainability has created the Sustainability Accelerator, which is a launching pad for leveraging Stanford’s knowledge and expertise and co-developing potentially scalable sustainability technologies and policy solutions. with external partners all over the world.

“If you can align the research that we do…with something that we know can scale more easily, [then] I think work becomes [done] faster,” he said.

Continuing on the topic of collaboration, Majumdar highlighted the importance of Stanford’s Precourt Institute for Energy and the Stanford Woods Institute for the Environment, which are now part of the Doerr School of Sustainability.

“What the institutes have done is create a connective tissue across campus, bring faculty and students from different parts together to solve certain problems and get out of their comfort zone,” he said. . “It was a very important step, and we’ve been the beneficiaries of it for 15, 20 years now.”

Cui noted that energy research and innovation is happening across the country and around the world, and asked how Stanford would interact with potential partners beyond Silicon Valley.

“Our goal and vision is to form a global network of partners to educate us [about] what are the real issues on the ground,” Majumdar said. “That’s not what people see in Silicon Valley, [but] what the real problems are – the water crisis in India, the droughts in Africa. Our job is to find out and listen to, first, what the real issues are [and] second, to co-create solutions.

Majumdar said that as the world transitions to clean energy, it will be essential to learn from the mistakes of the past.

“This is a massive global transition of economies around the world that we’ve never seen before, and in this transition we want to make sure we don’t make the mistakes we made in the 20th century,” did he declare. , adding that we live with the unintended consequences of the past. “So it’s about people, ultimately also. Making sure this transition engages everyone is [just] as important as technology.

World Energy Forum

The 2022 Stanford World Energy Forum will continue Wednesday and Thursday with several discussions on topics including sustainable transportation, hydrogen, corporate climate commitments and government energy investments, as well as tables rounds with Stanford faculty.

The Vail Global Energy Forum, a vision of Founder Jay Precourt, was launched in 2011 with the goal of advancing public understanding of global energy through balanced, fact-based dialogue. Each year, more than 300 speakers gathered in Colorado, where in subsequent years the forum focused on North America as a rising energy power. The World Energy Forum moved to its permanent home at Stanford University in the fall of 2018, where it explores the rapidly changing global energy ecosystem and addresses the implications of those changes.

Further information is available on the World Energy Forum website.

]]>
Technology will help cushion the cold hard blow of a winter of discontent – John Loudon https://amitysource.com/technology-will-help-cushion-the-cold-hard-blow-of-a-winter-of-discontent-john-loudon/ Wed, 26 Oct 2022 10:38:58 +0000 https://amitysource.com/technology-will-help-cushion-the-cold-hard-blow-of-a-winter-of-discontent-john-loudon/ Global recession, wars, economic shocks, Cold War stalemate, nuclear proliferation, endless strikes, stagflation, the rise of the far right and football hooliganism have all figured prominently. …and that’s before Liebfraumilch, bells and progressive rock were even mentioned. It is therefore understandably worrying that so much public debate now seems to be dominated by pessimistic comparisons […]]]>

Global recession, wars, economic shocks, Cold War stalemate, nuclear proliferation, endless strikes, stagflation, the rise of the far right and football hooliganism have all figured prominently. …and that’s before Liebfraumilch, bells and progressive rock were even mentioned.

It is therefore understandably worrying that so much public debate now seems to be dominated by pessimistic comparisons with this decade and that warnings about rising prices, fuel shortages, negative growth and industrial action are inevitably accompanied by the phrase “a back to the 1970s. .

Vladimir Putin’s fixing of the global gas market has been compared to the 1973 OPEC crisis that led to Edward Heath’s three-day week and blackouts that still scar the memory of those who have lived them.

With each new announcement of industrial action, we are warned of another “winter of discontent” on the horizon.

Meanwhile, former Chancellor Kwasi Kwarteng’s dire economic statement last month has been compared unfavorably to Anthony Barber’s infamous “dash for growth” budget of 1972, which predated much of the economic woes of Britain for the rest of the decade.

As the nation prepares for the most telling winter in generations and the unleashing of unprecedented hardship for millions of households across the UK, we can take comfort in knowing that the technological advancements of the past 50 years will help to soften the blow for a few.

The main difference between the 1970s and today is the level of connectivity we enjoy today.

The technology will help cushion the hardest blows over the coming winter – but the real concern is that people will remain disconnected during the toughest times, writes John Loudon. Photo: Daria Zuykova.

While this is not to deny the inevitable suffering that many people will feel in the months to come, the means of sharing information now available to most of us should offer some respite.

Smart meters – now a condition for getting the most cost-effective electricity and gas deals – have ended the use of estimated bills and are giving consumers a better understanding of how their energy is being used.

It is now much easier to switch to cheaper tariffs than in the past and the government imposed cap on household fuel charges will remove the possibility of runaway price hikes, at least in the short term.

Smartphone apps allow users to set routines for turning appliances and electronics on and off at certain times, helping to improve efficiency and save money.

Some – like Samsung SmartThings – allow users to connect to their smart meter and enable tracking of energy usage and costs from their iPhone or Android device.

Aside from energy bills, we also have apps and online tools for online banks such as Monzo to help us track our expenses and budget more efficiently. We can send notifications to our phone whenever money is spent and organize the money into different “pots”, giving us a breakdown of what we’re spending.

Other budgeting apps like Emma or Snoop Finance’s Budget Planner can be connected to traditional bank accounts to help track expenses and build monthly budgets.

However, perhaps the most fundamental difference today, compared to the 1970s, is the ability we have to contact each other remotely.

Staying in touch and sharing our experiences on chat rooms, social media and customer experience platforms is the most effective way to ensure we are treated fairly and equitably.

Such connectivity should, in theory, also allow us to keep tabs on those most at risk of falling through the cracks on welfare.

Some broadband and mobile providers are playing their part, introducing cheaper deals for low-income households and those on universal credit, and the charity Good Things Foundation is working with Virgin Media O2, Vodafone and Three to provide free mobile data to people in need – like a food bank for connectivity.

Community centres, churches and recreation centers already provide warm and safe havens for those who cannot afford to heat their homes and these essential services will be advertised online and on social media.

And yet, despite the proliferation of communication technologies, their use contains within it the possibility of expanding, rather than reducing, inequalities.

Besides the cost of staying online this winter, there is also the element of knowledge, which makes access to resources lower among older people as well as low-wage and unemployed people.

We tend to overlook the fact that help is only available to those who know where to look. Those who don’t, who are the poorest and least tech-savvy, will suffer the most.

Some money-saving apps, for example, offer tips and advice on the cheapest deals and can send alerts when available. But while many are initially free to download and use, some charge a subscription for continued use or to access certain features.

Those who don’t have high-speed data or a smartphone — or who may soon be forced to give it up because they can’t afford to pay monthly bills — won’t be able to keep in touch with friends and their loved ones and might be unaware of rescue services in their

We could still face another winter of discontent – similar to that of 1978-79 – as rising inflation rates rob more people of their purchasing power, but worse still, it could be a winter of disconnection.

For those affected, it will be worse than anything we experienced today or in the 1970s, and no amount of technological innovation is likely to provide an answer.

John Loudon is Managing Director of Hybrid Anchor, which builds online platforms and provides data management solutions for clients in highly regulated sectors and industries.

]]>
Meet the Hackers Fighting to Customize Your Steam Client https://amitysource.com/meet-the-hackers-fighting-to-customize-your-steam-client/ Sat, 22 Oct 2022 14:00:00 +0000 https://amitysource.com/meet-the-hackers-fighting-to-customize-your-steam-client/ Do you like the look of your Steam client? It’s a question many of us don’t even think to ask. But in a world obsessed with technology that allows us to customize everything from your phone background to your colorful internet browser, it only seems fair to take notice. Still, the process of customizing your […]]]>

Do you like the look of your Steam client? It’s a question many of us don’t even think to ask. But in a world obsessed with technology that allows us to customize everything from your phone background to your colorful internet browser, it only seems fair to take notice.

Still, the process of customizing your Steam client is far from intuitive – in fact, if it weren’t for a few intrepid hackers and niche Discords, it would hardly exist in 2022. time, patience and a bit of research to use correctly. And given Valve’s outsized presence in the PC gaming community – and how basic this feature is – it seems like it should be a lot easier.

Now Playing: Steam Deck Take a Look at the Inside Trailer

“There is no longer support for this,” says Jonius7, the developer of Old Glory, a popular Steam skinning tool. “It makes you wonder what Valve thinks about all of this.”

Apparently, Steam has supported custom themes (or “skins”) for over a decade now. All you have to do is download the skin and create a new folder called “skins” in your main Steam directory. Then drop the skin files there, select it in the “interface” menu of Steam, restart, and presto: you have a new look.

Although it may seem quite simple, the truth is that many popular skins for Steam, such as Metro and Air, have mostly been broken for several years now. Specifically, they only revise the outer edge of the Steam client itself – although many of these skins originally replaced the entire Steam client, this feature was removed by Valve piece by piece.

Sadly, the days of easily modding your Steam to look whatever you want are over.

According to the skinners, these issues all started when Valve overhauled the Steam client’s friends list in 2018. While these changes brought a host of new features, such as a favorites section and better support for the group chat, they also broke existing support for skins for social features. . Skinners were horrified to see their custom friends list and chat windows blacked out by default in the Steam client, and with no easy way to override them.

The same thing happened when Valve released the fancy new Steam library later in 2019 – it left the existing skin support for “the old library” in the dust in favor of a new web-based design. . Considering your game library and social features are what most people use Steam for in the first place, Steam skinners have lost interest in the platform.

“When the beta of the friends list came out and people saw that Valve’s existing skin support didn’t apply to the friends list, it really hurt the motivation of the skin developers. “, says PhantomGamers, a software developer in space. “However, I think if Valve changed their stance on skinning, there would be a lot more interest in the future.”

Today, you’ll need to download third-party plugins to enforce your will on Steam’s library and friends list. PhantomGamers is the developer of SFP, the sequel to SteamFriendsPatcher, a program that modifies your Steam installation to customize these finicky bits. A Steam forums user named Darth figured out how to manually edit the files, but the procedure was so onerous that he inspired PhantomGamers to create a program to automate it, to save other game lovers time and effort. skin. While he admits that the first version of SteamFriendsPatcher was less than ideal – it stubbornly refused to work for some users – the developer mostly sanded down its sharp edges. However, while SFP does its job quite well, it is still a niche plugin ultimately.

“Many skin authors don’t even know that SFP exists as an option for skinning the friends list and library,” says PhantomGamers. “Some of them don’t want to worry about it because they’re not comfortable with a third-party program to apply the skin.”

While SFP lets you make drastic changes to your Steam client, like making it look like its green 2004 version, many of the most popular skins are more subtle. Jonius7’s Old Glory program is a collection of highly customizable tweaks that allow users to play with their Steam library, such as changing default game images from portrait to landscape, pushing your friends’ activity boxes down from the page and show more game titles per column. . Jonius7 says his motivation for doing Old Glory was pretty simple.

Only real gamers are brave enough to use OG Steam.
Only real gamers are brave enough to use OG Steam.

“Honestly, I think the default layout sucks,” he explains. “I wanted to change the columns on the game page so I could see my achievements and my friends playing first, rather than the news. And the tweaks only grew from there. I wanted to make the library more usable for everyone, and I think I succeeded in that.”

Today, the classic Steam skin Metro lives on, but it’s much more complicated to set up than at its peak in 2018. There’s a comprehensive multi-part guide on how to use the skin in 2022, which involves using a combination of SFPs and a litany of fan patches by well-known developers like Shiina to restore its original functionality. There is also a Discord with more detailed explanations. Some of these tweaks require a degree of CSS knowledge in order to achieve your goals, which will likely discourage some users. For my part, however, I was able to set up my own favorite OG-Steam skin and library using SFP in about half an hour, although I ran into a few hiccups along the way.

From a larger perspective, while it’s nice that these hackers managed to find workarounds, it’s strange that Valve didn’t exploit these themes for their own purposes. For comparison, Discord lets you choose custom themes from a decidedly unofficial applet called “BetterDiscord” – I was able to set up a variety of themes in less than 5 minutes. Given the outsized impact Steam Workshop has had on the PC modding community, you’d expect Valve to find a way to incorporate these themes into their storefront in a more natural way. As PhantomGamers points out, we’ve seen Valve experiment with this before with custom keyboards for the Steam Deck. Why not the main customer?

“I would just like to say to someone at Steam, ‘you support your game modders. Why don’t you support us?’ I think all we really need is a line of communication with Valve,” says Jonius7. “It doesn’t even have to be that big or official. Just a little communication would be nice.”

“I think Valve would only be interested in bringing back the full functionality of the skin if they could monetize it in some way,” says PhantomGamers. “Perhaps having a system in place for creators to create their own skins and get money for their hard work would benefit everyone. Skin developers have put a lot of work into the initial creation of their skins, but they also have to update the skins every time Valve changes the Steam client.”

Overall, although Steam skinning is much more difficult than before, the bottom line is that you can customize it if you’re willing to do the job. Personally, I’m very fond of my OG-Steam skin and plan to do whatever it takes to maintain it for the short term. However, there’s no doubt that Valve has plenty of room to make things easier for these theme developers, while potentially making a profit for themselves. As such, we can only hope they take the time to reevaluate the Steam skin in a future update to make your library even more vibrant and fun to use.

The products discussed here were independently chosen by our editors. GameSpot may get a share of the revenue if you purchase something featured on our site.

]]>