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Stephen King to testify against own publishers in merger trial

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As the U.S. Department of Justice (DOJ) works to convince a federal judge that the merger of Penguin Random House and Simon & Schuster will damage the careers of some of the world’s most popular writers, it rests in part on the testimony of a writer who has thrived like several others—Stephen King. Key points: DOJ sues to block merger between Penguin Random House and Simon & Schuster in major test of Biden administration’s antitrust policies Their star witness, bestselling author Stephen King, is expected to testify at trial King’s works are currently published by Simon & Schuster, but he has a voice against the merger Author of Carrie, The Shining and many other favorites, King willingly — even passionately — put himself in opposition to Simon & Schuster, his old publisher. He was not chosen by the government just because of his fame, but because of his public criticism of the US$2.2 billion (over US$2.8 billion) deal, announced in late 2021, to join the two largest pu

Woodside, Santos reap the benefits of merger deal

Santos, which absorbed Oil Search in December 2021, posted cash flows for the half of June of US$1.7 billion, three times its mid-June level last year. Woodside reported a 44 percent increase in revenue in the June quarter to $3,438 billion, driven by a one-month contribution from BHP assets, which were repossessed on June 1. Bernstein Research analyst Neil Beveridge described Woodside as a “key holder in a world of LNG shortages”, noting that despite investments in new growth projects such as the $16.5 billion Scarborough gas venture, Woodside will still be able to generate more than 10 percent of free cash flow proceeds this year. this, which should cover dividends. But strong oil prices meant Woodside had to scrap plans to sell a stake in the $4.6 billion Sangomar oil project off the coast of Senegal that was due to go online next year after lengthy discussions with potential buyers. “When we have oil coming into the market in the near term, our expectations of fair value, are quit

Modeling the merger of black holes with neutron stars and subsequent processes in one simulation

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Numerical simulation of a black hole-neutron star merger. Density profiles are shown in blue and green, magnetic field lines penetrating black holes are shown in pink. Unbound material is shown in white its velocity with a green arrow. Credit: K. Hayashi (Kyoto University) Using supercomputer calculations, scientists at the Max Planck Institute for Gravity Physics in Potsdam and from Japan showed a consistent picture for the first time: They modeled the complete process of a black hole colliding with a neutron star. In their study, they calculated the process from the final orbit through merging to the post-merger phase where, according to their calculations, high-energy gamma-ray bursts could occur. The results of their study have now been published in the journal D Physical Overview . Nearly seven years have passed since the first detection of gravitational waves. On September 14, 2015, LIGO detectors in the US recorded the signa