Do a kickflip!

ASML’s official sizzle reel for its $400m+ EUV machine goes hard

BREAKING: The Premier League confirm an independent Commission has found Manchester City guilty of all charges related to serious breaches of the Premier League’s financial rules over a nine-season period, and the majority of charges in relation to its failure to co-operate with the League’s investigation. The independent Commission found that between Seasons 2009/10 and 2017/18: "Manchester City arranged ‘sham’ contracts (which misrepresented the true agreement between the parties) with a number of its commercial partners, as well as relying on ‘sham’ agreements with others, to artificially inflate the club’s revenues and reduce its costs. "The club filed misstated accounts and concealed the true state of its finances from its auditors and football regulators. "Manchester City was significantly in breach of both the Premier League’s and UEFA’s spending limits. "During the Premier League’s investigation, Manchester City committed multiple breaches of its duties of co-operation and utmost good faith towards the League (three of the four alleged breaches were upheld). "The independent Commission found that Manchester City arranged ‘sham’ commercial deals with a number of its sponsors during the period, which were part of a disguised funding scheme, whereby those companies were only required to pay a portion of the relevant sponsorship fees. The remainder was funded by Abu Dhabi United Group Investment & Development Ltd (ADUG), which owned the club. As part of the scheme, further ‘sham’ arrangements, funded by ADUG, were entered into to enable the club to record lower operating expenses than it actually incurred, as well as a ‘sham’ circular arrangement with Fordham, an entity that purchased the club’s players’ image rights, that was funded by ADUG." The EPL add: "The purpose of these schemes was found to have been to artificially inflate the club’s revenues, and reduce its costs, by more than £900 million during the affected period, to appear to comply with financial rules. The consequence of this, as the Commission found, was that the club filed misstated accounts and concealed the true state of its finances from its auditors and football regulators. The Commission concluded that ‘by its conduct the club clearly intended to circumvent the PL Rules. "As a result, Manchester City failed to accurately report its income and expenditure for the purposes of the Premier League’s Profitability and Sustainability Rules and UEFA’s Club Licensing and Financial Fair Play Rules. The Commission found that, had all of the relevant agreements been reported accurately in the club’s accounts, it would have been in breach of both the League’s and UEFA’s spending limits by a very substantial amount. "In addition, during the course of the four-year investigation conducted by the Premier League, the club committed multiple breaches of its duties of co-operation and utmost good faith towards the League. The Commission concluded that the club had ‘made concerted efforts to stop and frustrate the PL investigation." Richard Masters: “The core decision establishes the facts of what happened at Manchester City during this period. It details how the club systematically broke Premier League Rules for nearly a decade. “It also vindicates the Premier League’s decision to pursue this case against Manchester City.  While the process to date has been both long and difficult, the League has remained determined that the facts be established independently. “It is a key responsibility of the Premier League to ensure that the Rules, approved by the clubs themselves, are upheld to protect the integrity of the competition. It is paramount that the League remains competitive and fair for all clubs and for the fans. We take that role extremely seriously. “This disciplinary case, and this decision, are the most significant in Premier League history. There are elements of the case that remain to be decided, including, importantly, what sanction must follow for these breaches. Now we have the Commission’s decision, we are committed to moving swiftly through the remainder of the process, to provide certainty for the League, our clubs and fans.” A redacted version of the independent Commission’s findings has been published. Now that the charges have been proved, the issue of sanction will be addressed separately in a further hearing. City has the right to appeal the independent Commission’s findings and has until Friday 2 October to exercise that right.

Fair Isaac $FICO is getting killed today. Looks absolutely hammered. Should deep value guys be buying this today? What’s the worst case scenario here?

Instinct founder Noah Shinn says its compute needs are effectively doubling every week. He says Instinct is currently scaling even faster than Claude Code or Codex. h/t to @patrick_oshag

Xi Jinping is not a true American patriot.

Every Dutch train, one ordinary Tuesday, from first departure to last.

Official Trailer - iPhone Duo

JUST IN: Google confirms Canadian users will still see Lake Ontario, while the rest of the world will see “Lake Ontario (Lake America)”

🚨🗣️ 𝗡𝗘𝗪: Nigel de Jong (Netherlands technical director): "Our first candidate to replace Ronald Koeman was Pep Guardiola, but he wanted to take a year off. Our second candidate was Arne Slot, but he preferred to stay active in club football. Then we moved on to the third candidate, the man next to me, Xavi Hernandez."

Arjantin Milli Takımı, eskiden böyle çirkef ve kaba bir imaj taşımıyordu; bu dönüşüm, Stanford Hapishane Deneyi’nde olduğu gibi, küçük kötülüklere göz yumuldukça adım adım gerçekleşti. Turnuvanın başında masum görünen fauller, itişmeler ve hakemlere baskı gibi davranışlar, zaman içinde görmezden gelindikçe normalleşti ve büyüyerek bütün dünyanın nefret ettiği, sportmenlikten uzak, kaba saba bir takım kimliğine evrildi. Kötülük yapanı görmezden gelmek, onu cesaretlendirir ve daha da kötüleştirir; çünkü cezasızlık, sınırları belirsizleştirir ve ahlaki çürümeyi hızlandırır. Bu nedenle acil adalet, hem sahada hem hayatta vazgeçilmezdir: küçük ihlalleri anında cezalandırmak, büyük faciaların önünü keser, adaleti tesis eder ve toplumları ya da takımları, yavaş yavaş çürümekten korur.

De huidige boom in semiconductor (SOXX index) vs de internet boom (Nasdaq) van 26 jaar geleden.

🚨🥊 Full scenes after final whistle. @MickyJnr__ 🎥