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Sophia Banks To Direct Film On Bitcoin Founder Satoshi Nakamoto From David O. Sacks Productions, Mark Goffman And Getaway EntertainmentSophia Banks To Direct Film On Bitcoin Founder Satoshi Nakamoto From David O. Sacks Productions, Mark Goffman And Getaway Entertainment

AP News Summary at 1:10 p.m. EST

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How major US stock indexes fared Tuesday, 11/26/2024

SINGAPORE , Nov. 30, 2024 /PRNewswire/ -- Amber DWM Holding Limited ("Amber DWM"), the holding entity of Amber Group's digital wealth management business, known as Amber Premium ("Amber Premium"), today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with iClick Interactive Asia Group Limited ("iClick" or the "Listco") (NASDAQ: ICLK) and Overlord Merger Sub Ltd. ("Merger Sub"), a Cayman Islands exempted company and a direct, wholly owned subsidiary of the Listco. Under the Merger Agreement, Merger Sub will merge with and into Amber DWM, with Amber DWM continuing as the surviving entity and becoming a wholly-owned subsidiary of the Listco (the "Merger"). Amber DWM's shareholders will exchange all of their issued and outstanding share capital for a mix of newly issued Class A and Class B ordinary shares of the Listco on the terms and conditions set forth therein in a transaction exempt from the registration requirements under the Securities Act of 1933. Wayne Huo , Chief Executive Officer and Director of Amber DWM , said: " We are thrilled to embark on this transformative journey with iClick. This merger represents a significant milestone, bringing together Amber Premium's expertise in digital wealth management and iClick's innovative marketing technology. Together, we aim to redefine the digital financial ecosystem, delivering unparalleled value to our clients and stakeholders. By bridging the worlds of blockchain, fintech and digital marketing, we are unlocking new opportunities to revolutionize how value is created and exchanged in the digital economy ." The transaction values Amber DWM at US$360 million and the Listco at US$40 million by equity value on a fully diluted basis (assuming completion of certain restructuring as set forth in the Merger Agreement). Upon closing of the Merger (the "Closing"), the Amber DWM shareholders and the Listco shareholders (including holders of ADSs) will own approximately 90% and 10%, respectively, of the outstanding shares of the combined company, or 97% and 3% voting power, respectively. The Merger Agreement also contemplates that, upon the Closing, the Listco will change its name to "Amber International Holding Limited" and adopt the tenth amended and restated memorandum and articles of association of the Listco, in each case immediately before the effective time of the Merger (the "Effective Time"), following which the authorized share capital of the Listco shall only consist of Class A ordinary shares and Class B ordinary shares (with different voting powers but equal economic rights), a par value of US$0.001 each. Please refer to the Merger Agreement filed as Exhibit 99.2 to the Form 6-K furnished by the Listco to the SEC on November 29, 2024 for more details. The Listco's board of directors (the "Board") approved the Merger Agreement and other transaction documents, including but not limited to the voting agreement entered into by and among certain shareholders of the Listco (who holds approximately 36% of the outstanding shares representing 71% voting power of the Listco as of the date of this press release), the Listco and Amber DWM (the "Voting Agreement") (collectively, the "Transaction Documents"), and the transactions contemplated thereunder (the "Transactions"), with the assistance of its financial and legal advisors. The Board also resolved to recommend that the Listco's shareholders vote to authorize and approve the Transaction Documents and the Transactions when they are submitted for shareholder approval. In connection with the Transaction, each of the shareholders of Amber DWM immediately prior to the consummation of the Merger is entering into a lock-up agreement with the Listco pursuant to which they have agreed not to transfer the shares received in consideration of the Merger for a period of 12 months following the Merger closing. The completion of the Transactions is subject to the satisfaction of closing conditions set forth in the Merger Agreement, including, among other things, receipt of the Listco's shareholder approval and regulatory/stock exchange approvals (if applicable). The Merger Agreement provides for a long-stop date for any party to terminate the agreement if the Merger is not completed by June 30, 2025 . " This merger represents a transformative opportunity to broaden our business portfolio by integrating Amber Premium's state-of-the-art digital wealth management solutions. By uniting iClick's robust data analytic and enterprise software expertise with Amber Premium's advanced digital wealth management services, we aim to unblock synergies between traditional finance and the rapidly evolving digital asset ecosystem, particularly benefitting corporate and high net worth individual clients ", said Mr. Jian Tang , Chairman, Chief Executive Officer and Co-Founder of iClick . The foregoing description of the Merger Agreement and the Voting Agreement does not purport to be complete and is qualified in its entirety to the full text of the Merger Agreement and the Voting Agreement, which are filed as Exhibits 99.2 and 99.3 to the Form 6-K furnished by the Listco to the SEC on 29, 2024, respectively. Simpson Thacher & Bartlett LLP is serving as U.S. legal counsel to Amber DWM. Cleary Gottlieb Steen & Hamilton LLP is serving as U.S. legal counsel to iClick. About Amber Premium Amber Premium, the business brand behind Amber DWM Holding Limited, is a leading digital wealth management platform offering private banking-level solutions tailored for the dynamic crypto economy. Serving a premium clientele of esteemed institutions and qualified individuals, Amber Premium develops and supports innovative digital wealth management products. Its institutional-grade access and operations makes it the top choice for one-stop digital wealth management services, providing tailored, secure solutions that drive growth in the Web3 economy. About iClick Interactive Asia Group Limited Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ: ICLK) is a renowned online marketing and enterprise solutions provider in Asia . With its leading proprietary technologies, iClick's full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. For more information, please visit https://ir.i-click.com . Safe Harbor Statement This press release contains certain "forward-looking statements." These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the pending transactions described herein, and the parties' perspectives and expectations, are forward-looking statements. The words "will," "expect," "believe," "estimate," "intend," "plan" and similar expressions indicate forward-looking statements. Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management's current expectations and include known and unknown risks, uncertainties and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to: (i) risks related to the expected timing and likelihood of completion of the proposed transaction, including the risk that the transaction may not close due to one or more closing conditions to the transaction not being satisfied or waived; (ii) the occurrence of any event, change or other circumstances that could give rise to the termination of the applicable transaction agreements; (iii) the risk that there may be a material adverse change with respect to the financial position, performance, operations or prospects of the Listco, Amber DWM or the combined entity; (iv) risks related to disruption of management time from ongoing business operations due to the proposed transaction; (v) the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the Listco's securities; (vi) the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Amber DWM or the combined entity to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally; (vii) any changes in the business or operating prospects of Amber DWM and the combined entity or their businesses; (viii) changes in applicable laws and regulations; and (ix) risks relating to Amber DWM's and the combined company's ability to enhance their services and products, execute their business strategy, expand their customer base and maintain stable relationship with their business partners. A further list and description of risks and uncertainties can be found in the proxy statement that will be filed with the SEC by the Listco in connection with the proposed transactions, and other documents that the parties may file or furnish with the SEC, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Listco, Amber DWM and their respective subsidiaries and affiliates undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation. No Offer or Solicitation This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the transactions described above and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Amber DWM, the Listco or the combined company, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom. Participants in the Solicitation The Listco, Amber DWM and their respective directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of the Listco in connection with the proposed transaction. A list of the names of such directors and executive officers and information regarding their interests in the proposed transaction will be included in the proxy statement pertaining to the proposed transaction when it becomes available for the proposed transaction. Additional Information and Where to Find It The Listco will file with the SEC and mail to its shareholders a proxy statement in connection with the proposed transaction. Investors and securityholders are urged to read the proxy statement when it becomes available because it will contain important information regarding the proposed arrangement. You may access the proxy statement (when available) and other related documents filed by the Listco with the SEC at the SEC's website at www.sec.gov . You also may obtain the proxy statement (when it is available) and other documents filed by the Listco with the SEC relating to the proposed arrangement for free by accessing the Listco's website at ir.i-click.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/amber-groups-subsidiary-amber-dwm-holding-limited-and-nasdaq-listed-iclick-interactive-asia-group-limited-enter-into-a-definitive-merger-agreement-302319082.html SOURCE Amber GroupTributes pour in for legendary film director as family issues heartbreaking statement

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The cellular telephone or rather its modern incarnation – the smartphone – has become almost an extension of our body. It is 24/7 with us, giving us updates about our near and dear and also about the wider world. It enables us to do a thousand and one things in addition to the basic function of telephony. Even that has become so advanced that we can talk to another person on the other side of the world face to face free (save for the data charges). Smartphones enable us to go to any corner of the World Wide Web with a single touch. But for most people, this means easy access to social media or new media including Facebook, X, YouTube, TikTok, Instagram, WhatsApp, Messenger, Reddit, Telegram and BlueSky. In fact, this is how most people get their “news fix” in the morning – not the traditional newspaper, TV or radio. Just half an hour after waking up, they know what their friends and relatives are up to and also what world leaders are up to. Double-edged sword But like most things in life, the smartphone is like a double-edged sword. It is not only a treasure trove of information, but also a minefield of misinformation. For example, reliable sites on the Internet will give you the correct facts on vaccines and vaccination, but Facebook et al is full of misinformation on the same subject. Millions of people were misled by such false posts and did not take the Covid-19 vaccine and some of them did not survive the pandemic. What is even more worrying is the proliferation of smartphones among children, including even those still in the kindergarten. The Internet and the deep labyrinth known as the “dark web” is a dangerous place for children to be. Children can also access content that is unsuitable for them. Many children have been lured online by sexual predators. Many others are bullied online, a process termed cyber bullying. Unable to bear these taunts, some children, even in Sri Lanka, have taken the extreme step of taking their own lives. Educators also complain that smartphones are a major source of distraction, negatively impacting students’ ability to concentrate on lessons. Incoming notifications, or even the mere proximity of a mobile device, can be a distraction resulting in students losing their attention from the task at hand. Leaving all that aside, looking at a screen virtually all day long can harm the developing eyes of children and also inhibit their physical activities. The GEM Report’s gender edition highlighted how social media can negatively affect mental health while reinforcing harmful gender norms. It found that girls are twice as likely as boys to suffer from eating disorders exacerbated by social media use. Facebook’s own research revealed that 32 percent of teenage girls felt worse about their bodies after using Instagram. The report further noted alarming trends related to TikTok’s algorithm, which targets teenagers with body image content every 39 seconds and promotes content related to eating disorders every eight minutes. For the past several years, educationists around the world have been alarmed by these developments to the point where they began to call for a ban on mobiles for schoolchildren during school hours. Their call was based on everyday observations as well as scientific research. At home, of course, it is up to the parents or guardians to restrict smartphone usage or give the children free rein. In response, several countries have taken steps to ban phones in the classrooms, at least for children aged less than 16. Parents have also universally applauded the move while even the children have somewhat grudgingly warmed up to the idea. Overall, a new analysis from the UNESCO Global Education Monitoring (GEM) Report team found that more than 60 countries now ban smartphones in classrooms by law or policy. Algeria, Cambodia, Chile, Egypt, Finland, Hungary, Kazakhstan, the Republic of Korea, New Zealand, Niue and the Russian Federation are some of the countries that have introduced bans. Getting rid of smartphones from schools in Belgium, Spain and the United Kingdom was found to improve learning outcomes, according to a study cited in the report, especially for students that were not performing as well as their peers. Sweden has implemented a ban on cell phones for students in Grades 1-9 during school hours, including breaks. In France, cell phones are completely banned in schools due to their potential to distract students, with exceptions made for people with disabilities. Bangladesh teachers and students have been banned from bringing mobile phones in classrooms, while Uzbekistan mandates that students turn off their devices before lessons commence and are only allowed to use their phones to communicate with parents or legal guardians in cases of justified and urgent need. In Scotland (United Kingdom) and the Netherlands, cell phone use is restricted to educational purposes only. In November 2023, the Dutch Government unveiled plans to extend the ban on mobile phones in classrooms to include primary and special schools, with exceptions being made for medical needs or educational purposes. Partial or total restrictions on cell phone use can also be found in Bulgaria, Greece, Latvia, Portugal, Switzerland, and Türkiye. These regulations are often accompanied by guidelines on screen time and policies aimed at limiting social media use within educational settings. In the morning before class starts, one by one, the students at the Würenloser Gesamtschule near Zürich in Switzerland turn off their smartphones and drop them into a simple wooden box at the front of their classroom. The devices will remain there until the gong rings at the end of their school day. “I don’t even take it to school anymore,” one 12th-Grader said. “It only distracts me.” His peers agree. “We talk more with each other instead of everybody staring at their screens,” his friend said. “Major problem” According to a recent Pew research, 70 percent of high school teachers believe phone distraction is a “major problem,” and a third of the students said they are distracted by digital devices during lessons. On average, US teenagers spend nearly five hours a day on social media, according to a recent Gallup survey. The social psychologist Jonathan Haidt, who wrote the bestseller The Anxious Generation, has expressed concern about the “rewiring” of an entire generation and noticed clear links between rising phone addiction and declining mental health. But educationists say that the solution is not as simple as banning all digital devices. The problem is not the use of these devices per se, but excessive use and the kind of content that students access. Students who spend one to five hours per day on digital devices including tablets and laptops for learning at school and home score significantly higher in their mathematics lessons than those who spend no time on such devices, according to a recent OECD report: Studies have also shown that simply taking digital devices away is not an entirely successful strategy. Children need alternatives that can prove more enriching than digital and social media temptations. These can be group activities, sports, quiz programs, music and dance, school clubs, broadcasting and debating societies and foreign language classes. Some countries have gone even further, suggesting total social media bans for schoolchildren under 16, at school and home. Australia is the first country to take this extreme step, with its Parliament approving the measure last week. Under this proposal, Australia has passed a law to prevent children under 16 from creating (and accessing) accounts on social media platforms. This has attracted both plaudits (from parents and educationists) and criticism (from social media companies, human rights advocates and even social media experts). “This is about protecting young people — not punishing or isolating them,” said Australia’s Communications Minister Michelle Rowland. She cited exposure to content about drug abuse, eating disorders and violence as some of the harms children can encounter online. However, it is not exactly clear how the law could be implemented as it is difficult for the State to “police” online accounts. It has also raised privacy concerns. The law requires social media platforms to take “reasonable steps” to verify the age of users and prohibit those under 16 from opening accounts. However, it is rather easy to give false dates of birth and other information online, as the social media companies do not have tools to verify them. There is also a debate on which platforms could be subjected to the ban. The Australian Government has named TikTok, Facebook, Snapchat, Reddit, Instagram and X (formerly Twitter) as sites it is likely to include. Three broad categories of platforms will be exempt: messaging apps (like WhatsApp and Facebook’s Messenger Kids); gaming platforms; and services that provide educational content, including YouTube, Vimeo and Khan Academy. Access platforms Those 15 and under will also still be able to access platforms that let users see some content without registering for an account, such as TikTok, Facebook and Reddit. However, some experts have suggested that the social media companies should devote more resources to content moderation and removal of harmful content, an argument that has its merits. Other countries are looking at the Aussie experiment before taking similar steps. This brings us to the question whether Sri Lanka should follow these examples. There have been several reports of children here causing self-harm to themselves over social media posts and comments. There is no doubt that parents should exercise some control over their children’s online habits. Many devices have parental control settings, but it is even better not to provide young children with digital devices of their own. If the parents give their devices to children, it is better to set a time limit. Quite apart from social media, some mobile games can be extremely violent and could have a corrosive influence on young minds. As we said earlier, it is a minefield out there on the Internet and parents and teachers have to guide young ones with care.Labor eyes last chance of 2024 to tick policy boxesFIFA Club World Cup 2025 teams

Article content The Brampton Steelheads scored five second-period goals to defeat the Soo Greyhounds 8-5 at the CAA Centre on Sunday afternoon. The Steelheads buried four pucks behind Landon Miller in 4:52 to break open a 1-1 game. Carson Rehkopf and Kieran Witkowski scored twice in that span of time. Rehkopf and Witkowski scored hat-tricks for the home side before the second period was completed. Marco Mignosa cut the lead to 5-2 with a short-handed goal but Witkowski scored his third goal of the period and fifth of the season to restore the four-goal lead after 40 minutes. Mignosa scored two goals for the Greyhounds. Brady Martin, Justin Cloutier and Travis Hayes also scored. The locals allowed 21 goals on the three-game road trip. The last time the team lost three straight was a multi-game skid to open the season. They allowed 17 goals in losses to Windsor, Saginaw and Sudbury. Troy Patton and Luke Misa also found the net for Brampton. The Steelheads are 7-4-0-1 at home. Miller went the distance and stopped 31 of 39 shots. In his last start, Miller was pulled during the second period in the 7-2 loss to the Niagara IceDogs on Thursday night. He allowed five goals on 23 shots. Reid Thomas was called up from the Blind River Beavers in a backup capacity as Charlie Schenkel was a scratch prior to game time. Jack Ivankovic stopped 33 of 38 shots to earn the win. For the first time this season the Hounds didn’t get a powerplay chance The Steelheads went 0-4 with the man advantage. The Hounds will host the North Bay Battalion on Friday night. Puck drop is 7:07. The Hounds opened the scoring 44 seconds into the first period when Mignosa went in alone and dished the puck between the legs of Ivankovic for his eighth goal of the season. Hayes started the play by dishing the puck to Mignosa in the neutral zone, the winger out-muscling Brampton defender Jakub Fibigr before sliding the puck into the back of the net. The Steelheads tied the game at 12:51 when Rehkopf beat Miller to the short side, converting a Porter Martone pass for his 13 th of the season. The play started when Brady Smith lost the puck inside the Steelhead zone. Martone picked up the loose puck and raced through the neutral with Rehkopf on a two-on-one rush. The Steelheads took a 2-1 lead at 7:45 of the second period when Witkowski found the back of the net for his third of the season. Witkowski was unmarked to the right of Miller and redirected a Parker Von Richter pass into the empty net. Brampton increased the lead to 3-1 at 8:08 when Rehkopf beat Miller for his 14 th of the season. Rehkopf was unmarked to the left of Miller before picking up a wayward puck and depositing it into the empty net. The Steelheads extended the advantage to 4-1 at 11:53 when Witkowski got the best of Miller for his fourth goal of the season. Witkowski’s shot from Miller’s left deflected off the stick of Caden Carlisle and into the back of the net. Brampton increased the lead to four goals as Rehkopf scored his third of the game and 15 th of the season at 12:39. Following a Hounds turnover behind the net, Martone took possession of the puck in the slot and passed it over to Rehkopf for the easy tap-in by the right post. Mignosa scored a short-handed goal at 13:42 when he went in alone on Ivankovic and beat the goalie with a backhand to the blocker side. Witkowski scored his third goal of the period at 15:31 with a shot from the slot that beat Miller high to the blocker side for his fifth goal of the campaign. Smith’s break out pass from the boards ended up on the stick of Witkowski in the high slot just seconds before his shot found the top half of the net. Martin (:23), Patton (2:41), Misa (7:36), Cloutier (11:06) and Hayes (18:17) scored in the third period. Noel Nordh, Owen Allard, Andrew Gibson, Keegan Gillan, Charlie Schenkel and Christopher Brown were scratched ... Former Greyhounds head coach Drew Bannister was fired by the St. Louis Blues on Sunday. He was replaced by Jim Montgomery. Montgomery was fired by the Boston Bruins on Nov. 19. Blues GM Doug Armstong says Bannister was replaced because Montgomery became available ... The London Knights have won 14 straight games. Their previous loss was a 5-1 setback to Saginaw on Oct. 18. Share this Story : Quick hitter: Hounds give up five in the second, lose 8-5 to the Brampton Steelheads Copy Link Email X Reddit Pinterest LinkedIn TumblrNone

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