George Kresge Jr., who wowed talk show audiences as the The Amazing Kreskin, dies
China’s biggest EV maker, BYD, whose Atto 3 SUV, Shark 6 ute and Seal sedan are available in Australia, has become one of Apple’s top iPad assemblers. While BYD’s main business is making EVs, it is also now believed to assemble more than 30% of Apple’s tablets. The company said it had more than 10,000 engineers and around 100,000 employees dedicated to the “fruit chain,” the local term for Apple’s supply chain, reported the Wall Street Journal. BYD reported third-quarter revenue of about A$43.23 billion (more than beating Tesla’s figure of A$38.6 billion). BYD Electronic, the company’s contract-manufacturing arm, had revenue of about A$9.26 billion in the quarter. Apart from Apple, BYD’s other contract clients include Xiaomi and Huawei. BYD helps assemble Xiaomi phones and also supplies some technology that Xiaomi uses in its cars. Huawei, which makes both phones and EV software, sometimes displays phones and cars side-by-side in its showrooms. BYD said that it also works with Apple’s rival Samsung, supplying hinge-related components for some of Samsung’s foldable phones. In March, Apple’s chief executive Tim Cook met BYD founder and chairman Wang Chuanfu at Apple’s office, where Wang and his staff showed Cook a miniature model of the iPad production system. Cook noted on Chinese social media that BYD was among the Apple suppliers “pushing the boundaries of what’s possible.” Apple’s 2024 iPad Mini. Apple has moved some of its iPhone production to countries such as India and Vietnam in an effort to shift its manufacturing dependence on China. Partnering with BYD allows Apple to diversify its suppliers away from Taiwanese assembler Foxconn that makes most of its iPhones and iPads. At the moment, BYD isn’t in the running to assemble completed iPhones, but is believed to be taking a bigger role in iPhone components such as the titanium frame. BYD is also helping Apple expand beyond China. It has helped Apple in countries such as Vietnam. BYD already makes smartphones in India for brands such as Xiaomi, and could help Apple expand there if asked by the Cupertino-based company, said Ivan Lam, an analyst with Counterpoint Research. The Chinese company has indicated that its next big thing would be developing AI-powered robots together with Nvidia for factories.Telecommunication Market Competitive Dynamics and Forecast 2024-2031 11-22-2024 06:28 PM CET | IT, New Media & Software Press release from: SkyQuest Technology The Telecommunication Market is a dynamic and rapidly growing sector, driven by technological advancements in hardware, software, and digital infrastructure. It covers a diverse range of services such as cloud computing, cybersecurity, data analytics, and artificial intelligence. The increasing need for digital transformation across industries is propelling market growth. Emerging technologies like 5G, blockchain, and IoT are further unlocking new opportunities. With continuous innovation, the IT sector is poised for significant expansion in the coming years, particularly in the areas of automation and remote work solutions. Download a detailed overview: https://www.skyquestt.com/sample-request/telecommunication-market Market Size and Growth: Global Telecommunication Market size was valued at USD 1700.2 billion in 2022 and is poised to grow from USD 1805.61 billion in 2023 to USD 3102.74 billion by 2031, growing at a CAGR of 6.2% in the forecast period (2024-2031). The most valuable investment indicators are insights into key market trends, making it easier for potential participants to make informed decisions. The research seeks to identify numerous growth opportunities that readers can consider and capitalize on by utilizing all the relevant information. By closely analyzing critical factors that influence growth, such as pricing, production, profit margins, and value chain dynamics, future market expansion can be predicted with greater precision. Key Market Players: Nippon Telegraph and Telephone Corporation (NTT) Deutsche Telekom AG SoftBank Group Corp. America Movil, S.A.B. de C.V. Orange S.A. Telefonica S.A. BT Group plc Bharti Airtel Limited China Telecom Corporation Limited Comcast Corporation Region-wise Sales Analysis: This chapter presents market data by region, including revenue, sales, and market share breakdowns. It also offers forecasts for sales growth rates, pricing strategies, revenue, and other key metrics for each analyzed regional market. Regions covered include: North America: United States, Canada, Mexico Europe: Germany, France, UK, Russia, Italy Asia-Pacific: China, Japan, Korea, India, Southeast Asia South America: Brazil, Argentina, Colombia Middle East & Africa: Saudi Arabia, UAE, Egypt, Nigeria, South Africa Discover Key Trends, Speak with Our Experts @: https://www.skyquestt.com/speak-with-analyst/telecommunication-market Segments covered in the Telecommunication Market include: Component Hardware (Broadcast Communication Equipment, Telecom Infrastructure Equipment, Consumer Premise Equipment), Software (On-Premise, Cloud), Services (Telecommunication Services, Installation, Integration Services, Repair, Maintenance Services, Managed Services) Enterprise SMEs, Large Industry Retail & E-Commerce, IT & ITES, Aerospace, Healthcare & Pharmaceutical, Media & Entertainment, Hospitality, Automotive & Manufacturing, Transportation & Logistics, Others Telecommunication Market Size and Scope The Telecommunication market has shown significant growth in recent years, fueled by rising demand for power electronics across industries such as automotive, telecommunications, and renewable energy. This market is set to grow further as the global adoption of electric vehicles and renewable energy increases. Telecommunication are highly valued for their superior thermal conductivity, electrical insulation, and mechanical strength, making them essential components in power modules and electronic devices. With ongoing technological and manufacturing advancements, the applications of Telecommunication are expected to expand, encompassing a broader range of uses in the near future. For a Comprehensive Report on the Telecommunication Market 2024, Visit @: https://www.skyquestt.com/report/telecommunication-market Frequently Asked Questions: 1. What are the global trends in sales, production, consumption, imports, and exports across regions (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)? 2. Who are the leading manufacturers dominating the global market? 3. What is their production capacity, sales, pricing, cost, and revenue structure? 4. What are the risks and opportunities in the market? About Us: SkyQuest is an IP-focused Research and Investment Bank and Technology Accelerator. We offer access to technologies, markets, and financing across sectors like Life Sciences, CleanTech, AgriTech, NanoTech, and Information & Communication Technology. We collaborate closely with innovators, entrepreneurs, companies, and investors to help them leverage external R&D sources and optimize the economic potential of their intellectual assets. Our expertise in innovation management and commercialization spans North America, Europe, ASEAN, and Asia Pacific. Contact: Mr. Jagraj Singh Skyquest Technology 1 Apache Way, Westford, Massachusetts 01886, USA (+1) 351-333-4748 Visit our website: Skyquest Technology This release was published on openPR.
A Delaware judge ruled on Monday that Tesla TSLA-Q CEO Elon Musk still is not entitled to receive a $56 billion compensation package despite shareholders of the electric vehicle company voting to reinstate it. The ruling by the judge, Chancellor Kathaleen McCormick of the Court of Chancery, follows her January decision that called the pay package excessive and rescinded it, surprising investors, and cast uncertainty over Musk’s future at the world’s most valuable carmaker. Musk did not immediately respond to an e-mailed request for comment. Tesla has said in court filings that the judge should recognize a subsequent June vote by its shareholders in favour of the pay package for Musk, the company’s driving force who is responsible for many of its advances, and reinstate his compensation. McCormick said Tesla’s board was not entitled to hit “reset” to restore Musk’s pay package. “Were the court to condone the practice of allowing defeated parties to create new facts for the purpose of revising judgments, lawsuits would become interminable,” she said in her 101-page opinion. She also said Tesla made multiple material misstatements in its proxy statement regarding the vote, and could not claim the vote was a “cure-all” to justify restoring Musk’s pay. “Taken together,” the problems with Tesla’s arguments “pack a powerful punch,” she wrote. Tesla shares fell 1.4% in after hours trade, after the ruling. McCormick also ordered Tesla to pay the attorneys who brought the case $345 million, well short of the $6 billion they initially requested. She said the fee could be paid in cash or Tesla stock. “We are pleased with Chancellor McCormick’s ruling, which declined Tesla’s invitation to inject continued uncertainty into Court proceedings,” said a statement from Bernstein Litowitz Berger & Grossmann, one of the three law firms for the plaintiff. The law firm also said it looked forward to defending the court’s opinion if Musk and Tesla appealed. Musk and Tesla can appeal to the Delaware Supreme Court as soon as McCormick enters a final order, which could come as soon as this week. The appeal could take a year to play out. After the January ruling, Tesla shareholders flooded the court with thousands of letters arguing that rescinding Musk’s pay increased the possibility he would leave Tesla or develop some products like artificial intelligence at ventures other than Tesla. Attorneys for shareholder Richard Tornetta, who sued in 2018 to challenge Musk’s compensation package, had argued that Delaware law does not permit a company to use a ratification vote to essentially overturn the ruling from a trial. McCormick in January found that Musk improperly controlled the 2018 board process to negotiate the pay package. The board had said that Musk deserved the package because he hit all the ambitious targets on market value, revenue and profitability. But the judge criticized Tesla’s board as “beholden” to Musk, saying the compensation plan was proposed by a board whose members had conflicts of interest due to close personal and financial ties to him. After the January ruling, Musk criticized the judge on his social media platform X and encouraged other companies to follow the lead of Tesla and reincorporate in Texas from Delaware, although it is unclear if any companies did so. The judge in her January ruling called the pay package the “biggest compensation plan ever – an unfathomable sum.” It was 33 times larger than the next biggest executive compensation package, which was Musk’s 2012 pay plan. As of Monday, the pay package was worth $101.4 billion, according to Equilar, a compensation consulting firm. Musk’s 2018 pay package gave him stock grants worth around 1% of Tesla’s equity each time the company achieved one of 12 tranches of escalating operational and financial goals. Musk did not receive any guaranteed salary. Tornetta argued that shareholders were not told how easily the goals would be achieved when they voted on the package.
AP Sports SummaryBrief at 5:52 p.m. ESTInsurgents reach gates of Syria’s capital, threatening to upend decades of Assad rule BEIRUT (AP) — A Syrian opposition war monitor and a pro-government media outlet say government forces have withdrawn from much of the central city of Homs. The pro-government Sham FM reported that government forces took positions outside Syria’s third-largest city, without elaborating. Rami Abdurrahman who heads the Britain-based Syrian Observatory for Human Rights, said Syrian troops and members of different security agencies have withdrawn from the city, adding that rebels have entered parts of it. Losing Homs is a potentially crippling blow for Syria’s embattled leader, Bashar Assad. An archbishop's knock formally restores Notre Dame to life as winds howl and heads of state look on PARIS (AP) — France’s iconic Notre Dame Cathedral has formally reopened its doors for the first time since a devastating fire nearly destroyed the 861-year-old landmark in 2019. The five-year restoration is widely seen as a boost for French President Emmanuel Macron, who championed the ambitious timeline, and brings a welcome respite from his domestic political woes. World leaders, dignitaries, and worshippers gathered on Saturday evening for the celebrations under the cathedral's soaring arches. The celebration was attended by 1,500 dignitaries, including President-elect Donald Trump, Britain’s Prince William, and Ukrainian President Volodymyr Zelenskyy. For Catholics, Notre Dame’s rector said the cathedral “carries the enveloping presence of the Virgin Mary, a maternal and embracing presence.′′ Trump is welcomed by Macron to Paris with presidential pomp and joined by Zelenskyy for their talks PARIS (AP) — French President Emmanuel Macron has welcomed Donald Trump to Paris with a full dose of presidential pomp. And they held a hastily arranged meeting with Ukraine’s Volodymyr Zelenskyy on a day that's mixing pageantry with attention to pressing global problems. The president-elect's visit to France is part of a global a celebration of the reopening of Notre Dame Cathedral five years after a devastating fire. Macron and other European leaders are trying to win Trump’s favor and persuade him to maintain support for Ukraine in its defense against Russia’s invasion. Trump isn't back in office but he's already pushing his agenda and negotiating with world leaders NEW YORK (AP) — Donald Trump is making threats, traveling abroad, and negotiating with world leaders. He has more than a month-and-a-half to go before he’s sworn in for a second term. But the president-elect is already moving aggressively to not only fill his Cabinet and outline policy goals, but also to try to achieve his priorities. In recent days, Trump has threatened to impose a 25% tariff on goods from Canada and Mexico, two of the country’s largest trading partners. That led to emergency calls and a visit. And he's warned of “ALL HELL TO PAY” if Hamas doesn't release the hostages still being held captive in Gaza. South Korea's president avoids an impeachment attempt over short-lived martial law SEOUL, South Korea (AP) — South Korea’s embattled President Yoon Suk Yeol has avoided an opposition-led attempt to impeach him over his short-lived imposition of martial law. Most of Yoon's ruling party lawmakers boycotted a parliamentary vote Saturday to deny a two-thirds majority needed to suspend his presidential powers. The scrapping of the motion is expected to intensify protests calling for Yoon’s ouster and deepen political chaos in South Korea. A survey suggests a majority of South Koreans support the president’s impeachment. Yoon’s martial law declaration drew criticism from his own ruling conservative People Power Party. But the party also apparently fears losing the presidency to liberals. Days after gunman killed UnitedHealthcare's CEO, police push to ID him and FBI offers reward NEW YORK (AP) — Nearly four days after the shooting of UnitedHealthcare CEO Brian Thompson, police still do not know the gunman’s name or whereabouts or have a motive for the killing. But they have made some progress in their investigation into Wednesday's killing of the leader of the largest U.S. health insurer, including that the gunman likely left New York City on a bus soon after fleeing the scene. The also found that the gunman left something behind: a backpack that was discovered in Central Park. Police are working with the FBI, which on Friday night announced a $50,000 reward for information leading to an arrest and conviction. UnitedHealthcare CEO's shooting opens a door for many to vent frustrations over insurance The fatal shooting of UnitedHealthcare's CEO has opened the door for many people to vent their frustrations and anger over the insurance industry. The feelings of exasperation, anger, resentment, and helplessness toward insurers aren’t new. But the shooting and the headlines around it have unleashed a new wave of patients sharing such sentiments and personal stories of interactions with insurance companies. Conversations at dinner tables, office water coolers, social gatherings and on social media have pivoted to the topic. Many say they hope the new amplified voices can bring about change for companies often accused of valuing profits over people. 2 Pearl Harbor survivors, ages 104 and 102, return to Hawaii to honor those killed in 1941 attack PEARL HARBOR, Hawaii (AP) — The bombing of Pearl Harbor 83 years ago launched the United States into World War II. Two survivors have returned to the Hawaii military base for a remembrance ceremony on the attack's anniversary. Both are over 100 years old. They joined active-duty troops, veterans and members of the public for an observance hosted by the Navy and the National Park Service. A third survivor was planning to join them but had to cancel due to health issues. The bombing killed more than 2,300 U.S. servicemen. An explosion destroys an apartment block in a Dutch city, killing at least 3 and injuring others THE HAGUE, Netherlands (AP) — An explosion and fire has rocked a neighborhood in the Dutch city of The Hague, killing three people and injuring other people and destroying several apartments. The cause of the disaster is unclear. Emergency authorities said four people were rescued from the rubble and taken to the hospital. The mayor said rescuers were no longer looking for survivors but for eventual bodies, but could not specify how many people might still be unaccounted for. Residents of the northeastern neighborhood of Mariahoeve in The Hague heard a huge bang and screams before dawn. Dutch authorities have deployed a specialized urban search and rescue team to find victims. How 'Mufasa' rose with Aaron Pierre and Blue Ivy's voices along with new Lin-Manuel Miranda music SAN DIEGO (AP) — When Aaron Pierre was cast as Mufasa, the weight of following in the late James Earl Jones’ legendary footsteps was enough to rattle any actor. But instead of letting the pressure roar too loudly, he harnessed his nerves to breathe fresh life into his young lion character. Pierre found parallels between himself and his character while filming his leading role in “Mufasa: The Lion King,” which opens in theaters Dec. 20. He took the reigns as the new voice of Mufasa after Jones played the iconic King Mufasa in both the 1994 and 2019 versions of Disney’s “The Lion King.” The prequel offers a fresh exploration into Mufasa’s origin story.‘Can only boo so much’: Ben’s message to Philly ahead of hostile return
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NoneLogistical issues meant that thousands of Namibians were still waiting to vote in pivotal presidential and legislative elections late on Wednesday as the polling stations were scheduled to close. The vote could usher in the desert nation's first woman leader even as her party, the ruling South West Africa People's Organisation (SWAPO) faces the strongest challenge yet to its 34-year grip on power. Some voters told AFP they queued all day, for up to 12 hours, blaming technical problems which included issues with voter identification tablets or insufficient ballot papers. According to Namibia's electoral law, those in the queue before the polls closed -- scheduled at 9:00 pm (1900 GMT) -- should be allowed to vote. "We have the obligation to make sure that they pass their vote," said Petrus Shaama, chief officer of the Electoral Commission of Namibia (ECN). The main opposition party, the Independent Patriots for Change (IPC) has blamed the ECN for the long lines and cried foul play. "We have reason to believe that the ECN is deliberately suppressing voters and deliberately trying to frustrate voters from casting their vote," said Christine Aochamus of the IPC. She said the party had "started the process" of approaching a court "to order the ECN to extend the voting time". At one polling station inside Namibia's University of Science and Technology in the capital Windhoek, hundreds of people were still in line at 09:00 pm despite some having arrived at 6:00 am, an hour before polls opened. It was a similar situation at the Museum of Independence, according to an AFP reporter, where one voter said he arrived 12 hours earlier and was still in line with hundreds of others. SWAPO's candidate and current vice president, Netumbo Nandi-Ndaitwah, was one of the first to vote and called on Namibians "to come out in their numbers". An estimated 1.5 million people in the sparsely populated nation had registered to cast their ballot. SWAPO has governed since leading mineral-rich Namibia to independence from South Africa in 1990 but complaints about unemployment and enduring inequalities could force Nandi-Ndaitwah into an unprecedented second round. Leader of the IPC, Panduleni Itula, a former dentist and lawyer said he was optimistic he could "unseat the revolutionary movement". "We will all march from there and to a new dawn and a new era of how we conduct our public affairs in this country," the 67-year-old told reporters after voting. Itula took 29 percent of votes in the 2019 elections, losing to SWAPO leader Hage Geingob with 56 percent. It was a remarkable performance considering Geingob, who died in February, had won almost 87 percent five years before that. Namibia is a major uranium and diamond exporter but not many of its nearly three million people have benefitted from that wealth. "There's a lot of mining activity that goes on in the country, but it doesn't really translate into improved infrastructure, job opportunities," said independent political analyst Marisa Lourenco, based in Johannesburg. "That's where a lot of the frustration is coming from, (especially) the youth," she said. Unemployment among 15- to 34-year-olds is estimated at 46 percent, according to the latest figures from 2018, almost triple the national average. For the first time in Namibia's recent history, analysts say a second round is a somewhat realistic option. That would take place within 60 days of the announcement of the first round of results due by Saturday. "The outcome will be tight," said self-employed Hendry Amupanda, 32, who queued since 9:00 pm the night before to cast his ballot. "I want the country to get better and people to get jobs," said Amupanda, wearing slippers and equipped with a chair, blanket and snacks. Marvyn Pescha, a self-employed consultant, said his father was part of SWAPO's liberation struggle and he was not going to abandon the party. "But I want SWAPO to be challenged for better policies. Some opportunistic leaders have tarnished the reputation of the party, they misuse it for self-enrichment," the 50-year-old said. While lauded for leading Namibia to independence, SWAPO is nervous about its standing after other liberation-era movements in the region have lost favour with young voters. In the past six months, South Africa's African National Congress lost its parliamentary majority and the Botswana Democratic Party was ousted after almost six decades in power. clv/br/lhd/sbkThe Central Plantation Crops Research Institute (CPCRI) under the Indian Council of Agricultural Research (ICAR) at Kasaragod, Kerala will organise an exhibition and a national seminar on its campus for three days from January 3, 2025 on the occasion of its 109th foundation day. The topic of the seminar is ‘harnessing plantation sector for sustainable development goals.’ Various sessions of the seminar will be held on all three days. The foundation day will be celebrated on January 5. Himanshu Pathak, Director General, ICAR and Secretary, Department of Agricultural Research and Education, will inaugurate the programmes on January 3 at 10 a.m. The seminar will be attended by scientists, students, agri entrepreneurs, officials from developmental agencies from different States, FPOs, farmers, and other stakeholders, K.B. Hebbar, director, CPCRI said in a release. The seminar is organised to take stock of the progress achieved in the plantation sector in meeting the Sustainable Development Goals (SDGs) adopted by the United Nations in 2015 and make strategies for the next five years to meet the shortcomings. The plantation sector’s contribution is quite significant in terms of reducing hunger and poverty, and safeguarding the environment. The seminar covers some SDGs of relevance to the plantation sector like biodiversity and genomics, AI and digital tools, regenerative agriculture and resource use efficiency, eco-friendly plant health management, mechanisation and product diversification, market trend, policies and entrepreneurship, participatory extension, and community empowerment, the director said. Mr. Hebbar said that the seminar will include invited talks from eminent personalities from different fields in agriculture, panel discussions, interfaces, oral and poster presentations, exhibitions, field visits and presenting young researcher awards. The occasion also includes the signing of MoUs for the transfer of varieties, production and protection technologies, and value added products, he said. A grand exhibition of technologies available in the various ICAR institutes, Krishi Vignana Kendras, development agencies, products of successful entrepreneurs, self-help groups will be held on all the three days to which people can visit freely. In addition to the technologies developed by CPCRI and the Coconut Development Board, technologies on cashew developed by the Directorate of Cashew Research, Puttur, Dakshina Kannada, on spices by IISR, Calicut, on tuber crops by CTCRI Thiruvananthapuram, on oil palm by IIOPR, Pedavegi, on oil seeds by IIOR, Hyderabad, on fruits and vegetable by IIHR, Bengaluru, on fisheries by CMFRI and CIFT, Kochi, on rubber by RRII ,Kottayam and on coffee developed by CCRI, Balehonnur are arranged for the benefit of farmers and other stakeholders. In addition to the value-added products, food items, seeds, nursery seedlings, biofertilizers, irrigation and farm equipment, handicraft items, agro finance etc., will be on display. In the exhibition venue, training on coconut/arecanut cultivation, value addition and chocolate making are organized. The three-day program will be attended by Deputy Director General (Horticulture), Deputy Director General (Extension), Assistant Director General (P&FC), Director of ICAR institutes, presidents of many co-operative societies and researchers from all over the country along with farmers in large numbers, Mr. Hebbar said. Published - December 25, 2024 07:57 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit
Syria Rebels Celebrate in Captured Homs, Set Sights on Damascus