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Risk Factors Update Summary
- The OECD's Pillar Two Model Rules could impose a minimum global effective tax rate of 15%, impacting our financial position.
- The geopolitical landscape has expanded to include the armed conflict between Israel and Hamas, increasing instability in the Middle East.
- A September 2023 bill could authorize sanctions on certain Chinese entities, impacting our revenues in this region.
- The introduction of generative artificial intelligence technology may expose us to significant cybersecurity risks and intellectual property concerns.
- New state privacy laws effective in 2023, including the California Privacy Rights Act, could increase compliance costs.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=912093&owner=exclude
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