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Just When We Thought Bill Clinton Was Making Sense, He Came Out As A SwiftieBREAKING NEWS Anthony Albanese's government set to pass laws that will ban social media for under-16s World-first legislation expected to pass the Senate Trials underway for age-verification technology READ MORE: Meet the American who helped ruin Albanese Government's censorship plan By ANDREW BROWN FOR AAP Published: 23:35 GMT, 27 November 2024 | Updated: 23:55 GMT, 27 November 2024 e-mail 1 View comments Children younger than 16 are all but set to be banned from social media, with federal parliament poised to enact the world-first legislation. The Senate is expected on Thursday to pass the laws that would ban young people from platforms such as Facebook , Instagram and TikTok with bipartisan support. However, there has been concern the proposal has been rushed through parliament without proper scrutiny, given Australia would be the first country to implement such a ban. The ban would come into effect one year after the laws pass the parliament, with trials of age-verification technology still being carried out by the federal government. Communications Minister Michelle Rowland said the age limit would help children to be safe online. 'We know parents are concerned about the harms to children and we have taken a decision to support them,' she told parliament. 'Keeping Australians safe online requires decisive action and the Albanese government is delivering exactly that.' Criticism had been levelled at the ban after an inquiry into the laws ran for just three hours, with people also only given one day to hand in submissions, as well as a lack of consultation with young people themselves. The ban, which would see children under 16-years-old from accessing social media, would come into effect one year after the laws pass the parliament Minister Michelle Rowland has defended the laws, saying the government is supporting parents Suicide Prevention Australia executive director Christopher Stone said the laws had been rushed and would not address the issue of online harms. 'The government is running blindfolded into a brick wall by rushing this legislation,' he said. 'It has bypassed the rigorous consultation and scrutiny needed for such a far-reaching decision. 'Young Australians deserve evidence-based policies, not decisions made in haste. 'This legislation fails to consider the positive aspects of social media in supporting young people's mental health and sense of connection.' While the bill has enjoyed bipartisan support support, several coalition members have broken ranks on the issues. Tasmanian Liberal MP Bridget Archer crossed the floor to vote against the ban in the House of Representatives, while coalition senator Matt Canavan has also criticised the laws. Facebook Anthony Albanese TikTok Instagram Share or comment on this article: Anthony Albanese's government set to pass laws that will ban social media for under-16s e-mail Add comment
Petition pushes for better bus routes from Vernon to KelownaCongress readies nearly $900 billion in defense spending
Rethinking governmentKey Trends in the Hospitality Procurement Technology Market with Insights from Ecolab Inc., Sysco Corporation, DHL Supply Chain, Avendra, GPO Group 12-09-2024 09:23 PM CET | Logistics & Transport Press release from: STATS N DATA Hospitality Procurement Technology Market The Hospitality Procurement Technology Market is currently experiencing a dynamic transformation, driven by the increasing need for efficiency and transparency in the procurement processes of the hospitality sector. This market encompasses a broad array of technologies and services designed to streamline procurement activities within hotels, restaurants, resorts, event venues, and catering companies. The relevance of this market is amplified by its capacity to contribute significantly to operational efficiency and cost savings, making it a vital component of the hospitality industry. Recent developments have been particularly noteworthy, as technological advancements have paved the way for more sophisticated solutions that cater to the unique demands of the hospitality sector. For instance, the integration of artificial intelligence (AI) and machine learning into procurement platforms has enabled real-time data analysis, improving decision-making processes. Additionally, strategic collaborations among key players in the market have fostered innovation and expanded the offerings available to businesses in the hospitality sector. As of December 2024, the market is poised for substantial growth as these factors continue to drive demand. You can access a sample PDF report here: https://www.statsndata.org/download-sample.php?id=267271 Key Growth Drivers and Trends Several critical factors are influencing the demand for hospitality procurement technology. Sustainability has emerged as a paramount consideration for businesses aiming to minimize their environmental impact. Companies are increasingly seeking procurement solutions that emphasize eco-friendly practices, such as sourcing local and sustainable products. Digital transformation is another significant driver, as hospitality businesses adopt cloud-based solutions that enhance accessibility and streamline workflows. Consumer awareness is also on the rise, with customers becoming more discerning about the sources of products and services they consume. This heightened awareness is compelling hospitality providers to adopt transparent procurement practices and leverage technology to communicate their sustainability efforts effectively. The market is also witnessing a number of transformative trends. AI integration is revolutionizing procurement processes by facilitating predictive analytics, which can help businesses forecast demand and optimize inventory levels. Product customization is becoming increasingly important as consumers seek personalized experiences. Moreover, emerging technologies, such as the Internet of Things (IoT), are shaping the future of procurement by enabling smarter supply chain management and enhancing operational efficiency. Market Segmentation The Hospitality Procurement Technology Market can be segmented based on type and application, providing a clearer understanding of its diverse landscape. Segment by Type - Supplier Relationship Management (SRM) Software: This software enables hospitality businesses to manage their relationships with suppliers effectively, ensuring optimal procurement practices and fostering collaboration. - Procurement Outsourcing Services: These services allow hospitality providers to delegate procurement activities to specialized firms, freeing up resources and ensuring access to expertise. Segment by Application - Hotels: The largest segment, where procurement technology is crucial for managing supplies and services efficiently. - Restaurants: This segment benefits from technology that streamlines food and beverage procurement, ensuring quality and cost-effectiveness. - Resorts: Resorts utilize procurement technology to manage a wide range of services and products, enhancing guest experiences. - Event Venues: These venues often face unique procurement challenges that technology can help address, especially in managing large-scale events. - Catering Companies: Catering firms leverage procurement technology to ensure they have the necessary supplies to meet client demands effectively. Get 30% Discount On Full Report: https://www.statsndata.org/ask-for-discount.php?id=267271 Competitive Landscape The competitive landscape of the Hospitality Procurement Technology Market features several key players who are instrumental in shaping trends and driving innovation. - Ecolab Inc.: A leader in water, hygiene, and energy technologies, Ecolab is known for its innovative solutions that help hospitality businesses maintain high standards of cleanliness and sustainability. - Sysco Corporation: A global leader in selling, marketing, and distributing food products, Sysco's procurement technology facilitates efficient supply chain management for restaurants and foodservice businesses. - DHL Supply Chain: DHL provides integrated supply chain solutions that enhance procurement efficiency, especially for large hospitality operations. - Avendra: Specializing in hospitality procurement, Avendra leverages its extensive supplier network to offer competitive pricing and quality products to its clients. - GPO Group: As a group purchasing organization, GPO Group helps hospitality businesses achieve significant savings through collective purchasing power and strategic sourcing. Each of these companies contributes uniquely to the market, whether through product innovations, market expansions, or strategic partnerships that enhance their service offerings. Opportunities and Challenges The Hospitality Procurement Technology Market holds numerous opportunities for growth. Untapped regions present a significant potential for expansion, particularly in developing markets where the hospitality sector is experiencing rapid growth. Additionally, evolving consumer preferences, particularly towards sustainable and locally sourced products, create avenues for innovation and new product offerings. However, challenges persist in the form of regulatory constraints that can hinder procurement processes. Operational inefficiencies, particularly during periods of high demand, can also pose significant challenges. Furthermore, talent shortages in the technology and procurement sectors can impact the ability to implement and manage advanced procurement solutions effectively. Addressing these challenges will require strategic planning, investment in technology, and a focus on workforce development. Technological Advancements Cutting-edge technologies are having a profound impact on the Hospitality Procurement Technology Market. AI is at the forefront, enabling predictive analytics and automation that streamline procurement processes and enhance decision-making capabilities. Virtual tools are becoming increasingly vital, particularly in the context of remote work and the need for real-time collaboration among teams. Moreover, IoT-driven systems are revolutionizing supply chain management by providing real-time data on inventory levels and supplier performance. These technologies are not only enhancing efficiency but also improving transparency and traceability in procurement processes. As these advancements continue to evolve, they are set to redefine the landscape of hospitality procurement. Research Methodology and Insights At STATS N DATA, our research methodology employs both top-down and bottom-up approaches to provide comprehensive insights into the Hospitality Procurement Technology Market. We conduct extensive primary and secondary research, gathering data from industry experts, market participants, and reputable sources to ensure accuracy and reliability. Our triangulation methodology allows us to cross-verify data and present a holistic view of the market landscape. This rigorous approach enables us to identify key trends, growth drivers, and potential challenges, providing stakeholders with actionable insights to inform their strategies in this rapidly evolving market. In conclusion, the Hospitality Procurement Technology Market is positioned for significant growth as it adapts to the evolving needs of the hospitality sector. With the integration of advanced technologies and a focus on sustainability, this market presents substantial opportunities for businesses willing to innovate and invest in their procurement processes. STATS N DATA remains committed to providing valuable insights and research to support stakeholders in navigating this dynamic landscape. For customization requests, please visit: https://www.statsndata.org/request-customization.php?id=267271 https://www.statsndata.org/report/hospitality-procurement-technology-market-267271 John Jones Sales & Marketing Head | Stats N Data Phone: +1 (315) 642-4324 Email: sales@statsndata.org Website: www.statsndata.org STATS N DATA is a trusted provider of industry intelligence and market research, delivering actionable insights to businesses across diverse sectors. We specialize in helping organizations navigate complex markets with advanced analytics, detailed market segmentation, and strategic guidance. Our expertise spans industries including technology, healthcare, telecommunications, energy, food & beverages, and more. Committed to accuracy and innovation, we provide tailored reports that empower clients to make informed decisions, identify emerging opportunities, and achieve sustainable growth. Our team of skilled analysts leverages cutting-edge methodologies to ensure every report addresses the unique challenges of our clients. At STATS N DATA, we transform data into knowledge and insights into success. Partner with us to gain a competitive edge in today's fast-paced business environment. For more information, visit https://www.statsndata.org or contact us today at sales@statsndata.org This release was published on openPR.DOVER, Del. (AP) — A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. McCormick also rejected an equally unprecedented and massive fee request by plaintiff attorneys , who argued that they were entitled to legal fees in the form of Tesla stock valued at more than $5 billion. The judge said the attorneys were entitled to a fee award of $345 million. The rulings came in a lawsuit filed by a Tesla stockholder who challenged Musk’s 2018 compensation package. McCormick concluded in January that Musk engineered the landmark pay package in sham negotiations with directors who were not independent. The compensation package initially carried a potential maximum value of about $56 billion, but that sum has fluctuated over the years based on Tesla’s stock price. Following the court ruling, Tesla shareholders met in June and ratified Musk’s 2018 pay package for a second time, again by an overwhelming margin. Defense attorneys then argued that the second vote makes clear that Tesla shareholders, with full knowledge of the flaws in the 2018 process that McCormick pointed out, were adamant that Musk is entitled to the pay package. They asked the judge to vacate her order directing Tesla to rescind the pay package. McCormick, who seemed skeptical of the defense arguments during an August hearing, said in Monday’s ruling that those arguments were fatally flawed. “The large and talented group of defense firms got creative with the ratification argument, but their unprecedented theories go against multiple strains of settled law,” McCormick wrote in a 103-page opinion. The judge noted, among other things, that a stockholder vote standing alone cannot ratify a conflicted-controller transaction. “Even if a stockholder vote could have a ratifying effect, it could not do so here due to multiple, material misstatements in the proxy statement,” she added. Meanwhile, McCormick found that the $5.6 billion fee request by the shareholder’s attorneys, which at one time approached $7 billion based on Tesla’s trading price, went too far. “In a case about excessive compensation, that was a bold ask,” McCormick wrote. Attorneys for the Tesla shareholder argue that their work resulted in the “massive” benefit of returning shares to Tesla that otherwise would have gone to Musk and diluted the stock held by other Tesla investors. They value that benefit at $51.4 billion, using the difference between the stock price at the time of McCormick’s January ruling and the strike price of some 304 million stock options granted to Musk. While finding that the methodology used to calculate the fee request was sound, the judge noted that the Delaware’s Supreme Court has noted that fee award guidelines “must yield to the greater policy concern of preventing windfalls to counsel.” “The fee award here must yield in this way, because $5.6 billion is a windfall no matter the methodology used to justify it,” McCormick wrote. A fee award of $345 million, she said, was “an appropriate sum to reward a total victory.” The fee award amounts to almost exactly half the current record $688 million in legal fees awarded in 2008 in litigation stemming from the collapse of Enron.
Nick Kern came off the bench for 20 points and 13 rebounds as Penn State remained unbeaten with an 85-66 thumping of Fordham in a semifinal of the Sunshine Slam on Monday in Daytona Beach, Fla. The Nittany Lions (6-0), who will play either San Francisco or Clemson for the tournament title on Tuesday, put four other players in double figures. Zach Hicks scored 16 points, while Puff Johnson added 15. Ace Baldwin and Yanic Konan Niederhauser each chipped in 12 points. Penn State sank nearly 53 percent of its field goal attempts and earned a 38-30 advantage on the boards, more than enough to offset missing 12 of its 32 foul shots. Four players reached double figures for the Rams (3-4), led by 15 points apiece from Jackie Johnson III and reserve Joshua Rivera. Romad Dean and Jahmere Tripp each added 13. Fordham was as close as 56-49 after Tripp made a layup with 14:25 left in the game. But the Nittany Lions responded with a 16-1 run, capped with a layup by Kern for a 22-point lead at the 9:33 mark, and they never looked back. The main storyline prior to tipoff was whether Penn State could continue its torrid early start that saw it come into the day leading Division I in steals and ranked second in scoring at 98.2 points per game. The Nittany Lions certainly played to their billing for most of the first half, establishing a 21-8 lead at the 10:08 mark via Hicks' three-point play. Fordham predictably struggled early with the pressure defense, committing four turnovers in the first four minutes. But the Rams got their bearings over the last 10 minutes and made some shots. They got as close as four on two occasions late in the half before Penn State pushed the lead to 42-34 at the half. The officials were busy in the half, calling 23 fouls and administering 27 free throws. --Field Level MediaGame Development Studio Services Market Innovations and Key Players: Quytech, Room 8 Studio, Virtuos, Innovecs Games, Keywords Studios, Zhongyi Games, Wuhan Chuangyuji Network Technology, Juego Studios
Mayfield says streaking Bucs will have to play even better down the stretch to return to playoffsWASHINGTON -- WASHINGTON (AP) — Matt Gaetz withdrew Thursday as President-elect Donald Trump’s pick for attorney general amid continued fallout over a federal sex trafficking investigation that cast doubt on his ability to be confirmed as the nation's chief federal law enforcement officer. The announcement caps a turbulent eight-day period in which Trump sought to capitalize on his decisive election win to force Senate Republicans to accept provocative selections like Gaetz, who had been investigated by the Justice Department before being tapped last week to lead it. The decision could heighten scrutiny on other controversial Trump nominees, including Pentagon pick Pete Hegseth , who faces sexual assault allegations that he denies. “While the momentum was strong, it is clear that my confirmation was unfairly becoming a distraction to the critical work of the Trump/Vance Transition,” Gaetz, a Florida Republican who one day earlier met with senators in an effort to win their support, said in a statement. “There is no time to waste on a needlessly protracted Washington scuffle, thus I’ll be withdrawing my name from consideration to serve as Attorney General. Trump’s DOJ must be in place and ready on Day 1," he added. Trump, in a social media post, said: “I greatly appreciate the recent efforts of Matt Gaetz in seeking approval to be Attorney General. He was doing very well but, at the same time, did not want to be a distraction for the Administration, for which he has much respect. Matt has a wonderful future, and I look forward to watching all of the great things he will do!” He did not immediately announce a new selection. Last week, he named personal lawyers Todd Blanche, Emil Bove and D. John Sauer to senior roles in the department. Another possible contender, Matt Whitaker, was announced Wednesday as the U.S. ambassador to NATO. The withdrawal, just a week after the pick was announced, averts what was shaping up to be a pitched confirmation fight that would have tested how far Senate Republicans were willing to go to support Trump’s Cabinet picks. The selection of the fierce Trump ally over well-regarded veteran lawyers whose names had circulated as possible contenders stirred concern for the Justice Department's independence at a time when Trump has openly threatened to seek retribution against political adversaries. It underscored the premium Trump places on personal loyalty and reflected the president-elect's desire to have a disruptor lead a Justice Department that for years investigated and ultimately indicted him. In the Senate, deeply skeptical lawmakers sought more information about Justice Department and congressional investigations into sex trafficking allegations involving underage girls, which Gaetz has denied. Meanwhile, Justice Department lawyers were taken aback by the pick of a partisan lawmaker with limited legal experience who has echoed Trump's claims of a weaponized criminal justice system. As Gaetz sought to lock down Senate support, concern over the sex trafficking allegations showed no signs of abating. In recent days, an attorney for two women said his clients told House Ethics Committee investigators that Gaetz paid them for sex on multiple occasions beginning in 2017, when Gaetz was a Florida congressman. One of the women testified she saw Gaetz having sex with a 17-year-old at a party in Florida in 2017, according to the attorney, Joel Leppard. Leppard has said that his client testified she didn’t think Gaetz knew the girl was underage, stopped their relationship when he found out and did not resume it until after she turned 18. The age of consent in Florida is 18. "They’re grateful for the opportunity to move forward with their lives,” Leppard said Thursday of his clients. “They’re hoping that this brings final closure for all the parties involved.” Gaetz has vehemently denied any wrongdoing. The Justice Department’s investigation ended last year with no charges against him. Gaetz’s political future is uncertain. He had abruptly resigned his congressional seat upon being selected as attorney general, a move seen as a way to shut down the ethics investigation into sexual misconduct allegations. He did win reelection in November for the new Congress, which convenes Jan. 3, 2025, but he said in his resignation letter last week to House Speaker Mike Johnson that he did not intend to take the oath of office. He transmitted a similar letter to Florida Gov. Ron DeSantis as the state launched a special election process to fill the vacancy. Republicans on the House Ethics Committee declined this week to release the panel's findings, over objections from Democrats in a split vote. But the committee did agree to finish its work and is scheduled to meet again Dec. 5 to discuss the matter. As word of Gaetz's decision spread across the Capitol, Republican senators seemed divided. Oklahoma Sen. Markwayne Mullin, who served with Gaetz in the House, called it a “positive move." Maine Sen. Susan Collins said Gaetz “put country first and I am pleased with his decision.” Others said they had hoped Gaetz could have overhauled the department. Florida Sen. Rick Scott, a close ally of Trump, said he was “disappointed. I like Matt and I think he would have changed the way DOJ is run.” Kentucky Sen. Rand Paul said he hoped that Trump will pick someone “equally as tenacious and equally as committed to rooting out and eliminating bias and politicization at the DOJ.” Gaetz is not the only Trump pick facing congressional scrutiny over past allegations. A detailed investigative police report made public Wednesday shows that a woman told police that she was sexually assaulted in 2017 by Hegseth, the former Fox News host now tapped to lead the Pentagon, after he took her phone, blocked the door to a California hotel room and refused to let her leave. “The matter was fully investigated and I was completely cleared,” Hegseth told reporters Thursday at the Capitol, where he was meeting with senators to build support for his nomination. _____ Associated Press writers Michelle L. Price, Lisa Mascaro, Mary Clare Jalonick and Adriana Gomez Licon contributed to this report.