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D ame Julia Hoggett is on a mission. This 5ft 1in, glasses-wearing gay woman — her description — is trying to save the London Stock Exchange. It is a critical mission, too. So far this year, there have been three times as many companies leaving the 250-year old LSE, either through takeovers or mergers, as new ones joining, and there is little sign of the pressure easing. An activist investor in Rio Tinto is calling on the mining giant to shift its main listing from London to Sydney, while the fast-growing payments app Revolut has declared it would be more likely to list in New York than London. The situation is so grave that some in the City fear that the stock exchange is facing an existential crisis. If companies cannot be convinced to launch their initial public offerings (IPOs) in the UK to raise money, it is only a matter of time before the exchange becomes irrelevant.Addresses the Speed and Reach Limitations of Passive, Direct-attached Copper (DAC) Cables SANTA CLARA, Calif. , Dec. 10, 2024 /PRNewswire/ -- Marvell Technology, Inc . (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced the general availability of a 200G per lane optimized transimpedance amplifier (TIA) and laser driver chipset, enabling 800 Gbps and 1.6 Tbps linear-drive pluggable optics (LPO). Designed to address next-generation short-reach, scale-up compute fabric connectivity requirements, LPO modules enabled by the chipset overcome the reach limitations of passive, DAC cable interconnects. The LPO chipset expands the industry-leading interconnect portfolio from Marvell, which includes PAM4 optical DSPs , coherent DSPs , data center interconnects, Alaska® A active electrical cable (AEC) DSPs and Alaska P PCIe retimers , delivering an optimized optical solution for short-reach compute fabric connections, delivering an optimized optical solution for short-reach compute fabric connections. As artificial intelligence (AI) technologies advance, the demand for higher-bandwidth interconnects in data center networks is accelerating rapidly. This is particularly evident in compute fabric networks, which connect XPUs within and across racks. The next generation of XPU compute fabric networks will transition to data rates of 200 Gbps per lane, where passive DACs fall short of meeting speed and distance requirements. To address this, cloud data centers will transition to a new type of interconnect that meets their specific requirements. Marvell introduced Alaska A for customers looking to extend copper capabilities using AECs, while others can leverage specialized LPO modules featuring the Marvell TIA and driver chipset. Designed for short and predictable host channels, these LPO modules enable longer reach, higher bandwidth and improved performance compared to copper interconnects. "Marvell 1.6 Tbps LPO TIA and laser driver chipset is designed to address the growing demand for short-reach, high-bandwidth interconnect solutions, where passive copper cables are hitting a wall," said Xi Wang , vice president of product marketing for Optical Connectivity at Marvell. "As AI-driven data centers continue to scale, optimizing interconnect solutions across each layer of the network is becoming increasingly critical. The new LPO chipset complements and expands our industry-leading 1.6 Tbps connectivity portfolio, to address the growing spectrum of interconnects that cloud operators are seeking to optimize." "LPO has been a technology in search of the right solution. By optimizing chipsets for short, inside-the-rack connections, Marvell brings clarity and focus to LPO, delivering it in a more compelling and scalable manner," said Alan Weckel , co-founder of 650 Group. "Marvell's innovative approach to achieving performance gains helps drive better AI cluster TCO and highlights the industry's direction in optimizing networking links." The 1.6 Tbps LPO chipset, one of the latest additions to the Marvell interconnect portfolio, is optimized for specific use cases to help data centers maximize infrastructure utilization and performance while reducing overall cost and power per bit. This extensive portfolio spanning optical and copper interconnects includes Ara , the industry's first 3nm PAM4 interconnect platform; Aquila , the industry's first O-band-optimized coherent-lite DSP platform; Nova family of PAM4 DSPs featuring 200 Gbps electrical and optical interfaces; and Alaska A PAM4 DSP for active electrical cables. LPO Chipset Key Features About Marvell To deliver the data infrastructure technology that connects the world, we're building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world's leading technology companies for over 25 years, we move, store, process and secure the world's data with semiconductor solutions designed for our customers' current needs and future ambitions. Through a process of deep collaboration and transparency, we're ultimately changing the way tomorrow's enterprise, cloud, automotive, and carrier architectures transform—for the better. Marvell and the M logo are trademarks of Marvell or its affiliates. Please visit www.marvell.com for a complete list of Marvell trademarks. Other names and brands may be claimed as the property of others. This press release contains forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events, results or achievements. Actual events, results or achievements may differ materially from those contemplated in this press release. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict, including those described in the "Risk Factors" section of our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and other documents filed by us from time to time with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and no person assumes any obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise. For further information, contact: Kim Markle pr@marvell.com View original content to download multimedia: https://www.prnewswire.com/news-releases/marvell-introduces-1-6-tbps-lpo-chipset-to-enable-optical-short-reach-scale-up-compute-fabric-interconnects-302328139.html SOURCE Marvell

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SMETHPORT — McKean County commissioners approved nearly $2.5 million in American Rescue Plan Act (ARPA) funding during their regular meeting Tuesday at the courthouse. Several significant allocations were approved, including $640,000 for county broadband projects, $300,000 for the Tri-County Fire School burn building expansion, $317,395.45 for change order number 6 of the McKean County radio project, $250,000 for Act 13 Bridges and Trails project and $280,680 for Vision tax assessment software and $247,500 for information technology projects. The radio project change order, totaling $549,401, was approved later in the meeting, during the portion for contracts, leases and purchase agreements. The McKean County Fair Association will receive $150,000 for upgrades to the Cecil Gallup Building, the McKean County Historical Society $100,000 for historical window replacement and the Potter County Education Council $100,000 for the 2024-25 and 2025-26 mentor programs. An ARPA allocation of $60,000 will provide for a Tyler Technologies Enterprise Resource Planning (ERP) software program. ARPA funding for infrastructure/blight remediation was granted to the City of Bradford for $6,414.76 and Lafayette Township for $24,637.91. Keating Township’s application for $8,178.21 in liquid fuels funds was approved and commissioners certified the local match of $111,896 for state financial operating assistance for the Area Transportation Authority (ATA) in the 2025-26 fiscal year. Commissioners also gave their approval to the 911 Statewide Interconnectivity grant agreement totaling $20,833 and to a memorandum of understanding between the county and the American Federation of State, County and Municipal Employees (AFSCME). Other contracts approved include a resource family (formerly foster care) renewal, a ConxxNE quote for $426,000 for software upgrades at five broadband towers and a maintenance and service agreement on the Pennsylvania District Attorneys Institute’s Statewide Automated Victim Information and Notification (SAVIN) system, which offers offender status tracking and real-time notifications when an offender’s custody status changes among other features designed to help victims, law enforcement and community members. The county welcomed new employees James Taylor and Payton Shupe as a 911 dispatcher and CYS caseworker 1, respectively. During the commissioners’ comment portion of the meeting, Chairman Tom Kreiner, who joined the meeting by phone, took a moment to “commend the Port Allegany football team for their run to the state finals — it was a great accomplishment for District 9.” Commissioner Carol Duffy agreed, “We certainly are proud of the team over there and all the community participation was very nice.” Commissioner Marty Wilder moved to add to the meeting’s agenda the appointment of two directors to the McKean County Conservation District board. Kerry Fetter was approved as a farmer director and Jeff Holcomb as a public director, both for four-year terms beginning Jan. 1. Commissioners meet next at 11 a.m. Dec. 31.

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NoneDeclassified files show the note to former MP John Spellar also said the republican party had ignored the “visceral component of sectarianism” in responding to a new government good relations strategy. Mr Spellar, then a Northern Ireland Office minister, had launched a consultation on the “A Shared Future” document, an attempt to address community divisions, segregation and sectarianism in the region at a time when the devolved powersharing institutions were suspended. A file at the Public Record Office in Belfast shows that OFMDFM official Chris Stewart wrote to the minister in July about a response to the document from Sinn Fein representative Bairbre de Brun. Mr Stewart told Mr Spellar that Ms de Brun’s letter had been critical of the document and was clearly intended to “mark your card”. He said among a number of points raised by de Brun was that “the promotion of equality is the key to improving community relations”. His memo adds: “Sinn Fein is clearly seeking to position or align the issue of community relations within its equality and human rights agenda. “This general Sinn Fein position has resulted in a simplistic analysis of community relations, which is flawed in its description of the causes and necessary policy response. “There is of course, no doubt that a lack of equality has been a contributing factor to poor community relations. “However, Sinn Fein ignores the many other factors, not least the violent conflict that resulted in over 3,000 deaths. “Sinn Fein also portrays poor community relations (for nationalists) as being a purely rational response to the political situation. “This ignores the more visceral component of sectarianism, which is all too prevalent in both communities.” Mr Stewart continues: “To suggest, as Sinn Fein does, that the promotion of equality should be the key component of good relations policy is to ignore the key message in A Shared Future, that indirect approaches alone are insufficient to deal with sectarianism and the abnormal relationship between sections of the Northern Ireland community.” The official recommended the minister invite representatives of Sinn Fein to a meeting to discuss the policy. The file also contains a note about Mr Spellar’s meeting with DUP representatives Maurice Morrow and Peter Weir the following month to discuss the document. The note says: “Morrow said he had no problem with sharing the future and suggested that the first step to that would be an election to decide who spoke for whom – though he was quick to say he didn’t want politics to dominate the meeting.” It adds: “Weir said that the biggest step towards improving community relations would be the creation of a political environment that had the broad support of both unionism and nationalism, and the GFA (Good Friday Agreement) could not create that environment.”

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