Latest news with #PaulJacobs
Newsweek
5 days ago
- Entertainment
- Newsweek
Water Park Visitors Buy Ride Photos—Not Prepared for What They Get
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. A video about a water park visit in Spain took an unexpectedly hilarious turn for some visitors, whose souvenir photos were altered in bizarre ways, has gone viral on TikTok. The short clip, posted by @danielleseagrave, captures the aftermath of purchasing around $40 worth of ride photos at Aqualand Maspalomas, an amusement park in Maspalomas on the Spanish island of Gran Canaria. The clip has been viewed 1.6 million times since it was shared on June 1. "Paid €35 [around $40] for pictures at the water park only to zoom in an hour later and notice the facial recognition has screwed us over..." text overlaid on the video reads. The video later shows close-up shots of the riders' faces, which are distorted and altered, with some eyes appearing unnaturally large or misaligned, seemingly altered by artificial intelligence. Despite the flawed visuals, the TikToker stood by the purchase. "The best €35 spent in my opinion," reads a caption on the video. While the viral video was shared in good humor, it also underscores growing public concern around the role of AI in photography. A June 2024 paper in the International Journal of Modern Engineering & Management Research highlights how AI is reshaping image processing across industries, but not without controversy. "Artificial Intelligence (AI) has significantly transformed various industries, with photography being one of the most profoundly affected," the paper notes. However, it also warns that "AI's ability to manipulate images, particularly through advanced tools like deepfakes and neural filters, raised concerns among both professionals and the general public." The study found that 42 percent of respondents were concerned that AI-generated manipulations could compromise the authenticity of images. Meanwhile, 30 percent of professionals cited fears that AI tools might be misused for deception or distortion. 'Crying' While AI is increasingly being used to enhance digital photography, the instance in the viral video appears to show how algorithms can also produce unintended and humorous effects. Viewers on TikTok were amused by the photos shown in the viral video and flooded the comments section with their reactions. "Sorry but this has made me laugh so much," wrote user lozmach, while deeljones simply commented, "Crying." The original poster replied: "Couldn't stop laughing." One user, Jennisykes, who had visited the park a day earlier, commented: "We went yesterday charged us 40. Pics are hilarious. Legs are killing us all today." Asked whether their own pictures were similarly glitched, Jennisykes responded: "No. our eyes are ok. don't know what's happened to yours lol xxxxxx." Another viewer, Paul Jacobs, speculated that AI might be to blame, saying: "I'm guessing it's low resolution cameras using AI to increase the image sizes with some wonky results." The original poster responded with tongue-in-cheek enthusiasm: "Great results." User @k_dolly_cat commented: "I'd ask for a refund what in the ai...." The original poster replied: "I honestly feel like the money was worth it for the amount of times I've laughed." Newsweek reached out to the original poster via TikTok and the park via its website contact form for comment. This video has not been independently verified. Stock image: A couple going down a slide at a water park. Stock image: A couple going down a slide at a water park. Getty Do you have a travel-related video or story to share? Let us know via life@ and your story could be featured on Newsweek.
Yahoo
11-06-2025
- Business
- Yahoo
GSAT Q1 Earnings Call: New IoT Launches and Satellite Investments Shape Outlook
Satellite communications provider Globalstar (NASDAQ:GSAT) missed Wall Street's revenue expectations in Q1 CY2025, but sales rose 6.3% year on year to $60.03 million. On the other hand, the company's full-year revenue guidance of $272.5 million at the midpoint came in 3.1% above analysts' estimates. Its non-GAAP loss of $0.09 per share was 33.7% below analysts' consensus estimates. Is now the time to buy GSAT? Find out in our full research report (it's free). Revenue: $60.03 million vs analyst estimates of $63.83 million (6.3% year-on-year growth, 5.9% miss) Adjusted EBITDA: $30.35 million vs analyst estimates of $31.21 million (50.6% margin, 2.8% miss) The company reconfirmed its revenue guidance for the full year of $272.5 million at the midpoint Market Capitalization: $2.68 billion Globalstar's first quarter performance was shaped by continued expansion in its wholesale capacity services and increased adoption within its commercial Internet of Things (IoT) offerings. Management attributed service revenue growth to higher demand for wholesale capacity and the successful introduction of new IoT devices and services. CFO Rebecca Clary emphasized the impact of ongoing investments in the XCOM RAN product, which led to higher costs but was offset by revenue gains from core businesses. CEO Paul Jacobs highlighted the company's execution on its product roadmap, pointing to the recent launch of a two-way satellite IoT solution, and mentioned that the company's refocused product development team accelerated new releases using Globalstar's existing satellite infrastructure. These factors collectively influenced Globalstar's quarterly results. Looking forward, Globalstar's guidance is anchored in expectations for sustained demand across its IoT and terrestrial network platforms, along with anticipated contributions from newly launched products and partnerships. CEO Paul Jacobs stated, 'We're seeing this device ecosystem expand consistently with promising growth trajectories in our wholesale partnerships and our IoT and terrestrial network business lines.' Management views the upcoming commercial deployment of XCOM RAN and the progress on next-generation satellite constellations as key growth drivers. However, the team also noted potential headwinds related to the timing of large customer launches and global trade uncertainties. CFO Rebecca Clary explained that Globalstar has strategies in place to mitigate tariff impacts, suggesting any near-term effects should be minor. The company expects continued operational investments and new executive hires to further strengthen its go-to-market capabilities. Management attributed the quarter's results to growing wholesale capacity services, ongoing investments in terrestrial network technology, and the successful launch of new IoT solutions. Wholesale capacity momentum: The company saw continued demand from wholesale customers, especially for capacity services linked to its satellite network, which was a significant contributor to service revenue growth this quarter. Commercial IoT adoption: Average subscriber numbers and engagement levels rose for Globalstar's commercial IoT devices, reflecting customer interest in new two-way satellite solutions that support applications like fleet tracking and precision agriculture. XCOM RAN development costs: Upfront investments in the XCOM RAN product, a terrestrial wireless network solution, increased expenses and modestly weighed on margins. Management views these costs as necessary for long-term profitability in this segment. Leadership and operational upgrades: Two experienced executives joined the management team to lead the terrestrial network and wholesale consumer businesses, aiming to accelerate market expansion. Additionally, the opening of a new satellite operations center in Louisiana is expected to enhance fleet management and network performance. Tariff mitigation strategies: Management outlined flexible manufacturing and global supply chain approaches to limit the impact of evolving trade tariffs, with the ability to shift production and pass through some costs to customers if needed. Globalstar's outlook centers on expanding IoT and terrestrial network offerings, commercializing new technology, and managing external risks such as customer launch timing and tariff changes. IoT and terrestrial network growth: The company expects increased adoption of its new two-way satellite IoT solution and the upcoming commercial deployment of XCOM RAN to drive future revenue, especially as use cases in sectors like logistics and agriculture expand. Satellite constellation investments: Significant capital is being allocated to next-generation satellite launches, with contracts in place for both near-term replacement satellites and a larger, extended constellation. Management believes these investments will underpin service growth and long-term customer contracts. External headwinds and mitigation: While management anticipates minimal near-term financial impact from tariffs due to flexible supply chain arrangements, they acknowledge that the timing of large partner launches and the broader trade environment remain risks that could influence revenue and profitability. In the coming quarters, the StockStory team will be monitoring (1) the commercial rollout and customer adoption of XCOM RAN, (2) progress on the next-generation satellite constellation launches and associated service milestones, and (3) the pace of new IoT device deployments and subscriber growth. Execution on mitigating external risks, including tariffs and customer launch schedules, will also be important to track. Globalstar currently trades at a forward EV-to-EBITDA ratio of 25.8×. At this valuation, is it a buy or sell post earnings? Find out in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Irish Sun
08-06-2025
- Entertainment
- The Irish Sun
Katie Price sparks concern with her skinny frame as she performs on stage in tiny bodysuit
KATIE Price has sparked new concerns after showing off her tiny frame while performing on stage. The 7 Katie Price showed off her tiny frame in a bodysuit on the stage Credit: Paul Jacobs/ 7 The performer stripped down to a back thong bodysuit with a bejeweled belt and hat Credit: Paul Jacobs/ Her boyfriend JJ Slater's ex-girlfriend, Married At First Sight star Ella Morgan, was also down on the line-up. Taking to the stage, Katie channeled her inner pop princess, donning a tiny black thong bodysuit that She strutted on stage in a frilled pink jacket and a giant, jewel-encrusted hat embossed with the word "Pricey" in pink rhinestones, which matched a tiny silver belt around her hips. Over the course of her set, she sang songs including a piano led version of RnB classic (We Don't Have To Take Our) Clothes Off and Tell It To My Heart by Taylor Dayne, and A Whole New World – which she previously released as a single with ex-husband Peter André. READ MORE KATIE PRICE But as she shed her shimmering jacket and danced in just her bodysuit, Katie's slim frame – But the performer, podcaster and model has Speaking on her Snapchat in May, Katie said in the clip: "Yes I've lost weight. "Yes that what I've wanted to do, I've wanted to lose weight. Most read in Showbiz "Because the past three, four years ago when I broke my feet and I was in a wheelchair for 10 months because they said I'd never walk again, and obviously you put weight on being in a wheelchair. "And then I did all the IVF stuff, that also puts on weight. Katie Price boasts she earns 'really good money' but claims she can't rent anywhere to live after bankruptcy hell "So yeah I did put on weight and I hated it, I felt uncomfortable and it wasn't me." She then explained how, after finishing her failed IVF treatment, she became more active with healthy eating. "Everyone is talking about it - it's driving me mad," she said. "I'm healthy and I do eat. "If you look at old old pictures of me in the Jordan days, I was always skinny. "But today where i have lost weight, I feel, my butt looks like a deflated balloon." Some fans have asked Katie whether she has taken popular weight loss jabs to shed the pounds - but the star, who has been open in the past about procedures she's gone through, has strongly denied it . 7 The star has sparked concern with her tiny frame in the past Credit: Paul Jacobs/ 7 Fans cheers on the star as she performed on stage Credit: Portsmouth Pride 7 The singer showed off her bum as she danced in the outfit Credit: Portsmouth Pride 7 Confetti rained down on the star as she wrapped up her set Credit: Portsmouth Pride 7 Katie was one of three main stars performing at the Pride event Credit: Portsmouth Pride
Globe and Mail
22-05-2025
- Business
- Globe and Mail
This ‘Strong Buy' Satellite Stock Is Being Put to the Test Against Elon Musk's Starlink
The satellite communications industry is witnessing an epic showdown between two tech titans, with billions in market value at stake. In one corner stands Elon Musk's Starlink, powering T-Mobile's (TMUS) satellite smartphone service, which will launch officially this summer. On the other end is Paul Jacobs, the former Qualcomm (QCOM) CEO who helped revolutionize smartphone connectivity and now leads Globalstar (GSAT). Globalstar, valued at $2.3 billion, provides mobile satellite services, offering two-way voice and data communications for remote areas. It serves various markets, including recreation, government, oil and gas, and maritime, through products like SPOT devices for emergency alerts and location tracking. It also offers commercial IoT solutions for asset monitoring and business continuity applications. Globalstar currently provides satellite emergency services for Apple's (AAPL) iPhone users and competes with Starlink. T-Mobile ' s new Starlink service, which has already launched in a public beta, promises broader device compatibility, while Apple's existing Globalstar integration offers global spectrum coverage and seamless international roaming. As T-Mobile prepares to challenge Apple's existing satellite SOS monopoly, thousands of customers have already signed up for the beta service. Let's see if this competitive landscape presents a compelling opportunity for Globalstar stock and GSAT investors. Is the satellite stock undervalued, or will it struggle to compete with Musk's growing empire? Is the Satellite Stock a Good Buy Right Now? Globalstar's sales increased from $97 million in 2016 to $250.4 million in 2024. While it reported an adjusted net loss of $0.14 per share or $7 million in 2024, Globalstar ended the year with a free cash flow of $178.6 million. In Q1 2025, Globalstar reported revenue of $60 million, an increase of 6% year over year. The top line was driven by wholesale capacity services and continued growth in commercial IoT subscribers. The satellite communications company posted adjusted EBITDA of $30.4 million, up 3% year-over-year, though margins were pressured by investments in its XCOM RAN terrestrial network technology. CEO Paul Jacobs said the company remains 'bullish that this business will be profitable' and expects commercial deployment next quarter. Globalstar recently showcased its XCOM RAN technology at Mobile World Congress in Barcelona. The system delivered speeds of 400 megabits per second using just 10 megahertz of licensed n53 spectrum, positioning the company for advanced applications including robotics and autonomous vehicles. Globalstar reached a major milestone with MDA Space (MDALF), securing a 1.1 billion CAD contract for more than 50 satellites for its next-generation constellation. CFO Rebecca Clary said Globalstar is 'well positioned to minimize' potential tariff impacts through global manufacturing partnerships and supply chain flexibility. Globalstar reiterated its full-year 2025 outlook, expecting revenue of $260 million to $285 million with adjusted EBITDA margins of approximately 50%. With $241.4 million in cash and a strong operational cash flow of $51.9 million in the quarter, Globalstar appears positioned to execute its long-term growth strategy across satellite and terrestrial network businesses. What Is the Target Price for GSAT Stock? Analysts expect Globalstar to increase sales to $378 million in 2029. Comparatively, adjusted earnings per share are forecast at $0.36 with a free cash flow of $210 million. If GSAT stock is priced at 20 times forward FCF, the stock could surge over 75% over the next four years. Two analysts who track GSAT stock have a 'Strong Buy' recommendation. The average target price for the satellite stock is $52.50, 184% higher than its current trading price.
Finextra
22-05-2025
- Business
- Finextra
Affirm and Kayak expand partnership to Canada
Just in time for the busy summer travel season, Kayak, the world's leading travel search engine, and Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced the expansion of their exclusive partnership into Canada. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This builds on the companies' successful collaboration in the U.S., which has empowered consumers to plan and pay over time for their travels since January 2023. By selecting Affirm at checkout on approved KAYAK travellers in Canada can split the total cost of flights, accommodations, and car rentals/sharing into monthly payments. From there, consumers go through a quick, real-time eligibility check. If approved, they can choose the customized payment plan that best suits their needs and never pay any late or hidden fees. 'Consumers are increasingly turning to Affirm when booking their flights, hotels, rides, and more as flexible payment options remain a top priority for travellers across Canada,' said Wayne Pommen, Chief Revenue Officer of Affirm. 'This expansion with KAYAK is a natural next step for our long-standing partnership as we look to offer even more travellers peace of mind when paying for their next trip using Affirm.' 'Our partnership with Affirm opens up possibilities for travellers who are looking for more flexibility in their payment options. With international flight prices averaging $1,2701, travellers can plan and pay for those bucket list trips over time, without any hidden fees,' said Paul Jacobs, GM and SVP of KAYAK North America. Expanding with KAYAK into Canada further builds on Affirm's rapid growth worldwide, with over 350,000 merchants offering Affirm at checkout, including partnerships with Booking Holdings brands Agoda, and Priceline. Leading Canadian retailers, including Amazon, Apple, Samsung, Brown's Shoes, CheapOair, and more offer Affirm's payment solutions to their customers.
