Tyson Fury is working hard ahead of his rematch with Oleksandr Usyk next month, and he has been showing off the results of his efforts so far. 'The Gypsy King' fell to the first defeat of his professional career against the Ukrainian in May, but he will have the opportunity to exact his revenge on the 21st of December when they run it back in Riyadh, Saudi Arabia. Fury has told his fans to expect a more aggressive approach to the rematch, after admitting he 'got it wrong' in his preparations for the first fight earlier this year. Tyson Fury's professional boxing record (as of 25/11/24) 36 fights 34 wins 1 loss By knockout 24 0 By decision 10 1 Draws 1 "I’ve always been a bad man my whole life, and I’m still one today at nearly 40 years old; a few years off 40, but I like to say that," Fury told TNT Sport. "I’m going to go in there with ‘destroy mode’. Last time I went to box him, I was being cautious. I boxed the head right off him. Let’s talk facts. Anyone can get caught, as we’ve seen in a lot of these heavyweight fights. But this time I’m not going for a points decision. I’m going to knock a m**********r out. "For the first time in years, I’m going in there as a challenger, not a champion. And I believe that I’m better as a challenger, always, because I’ve got that goal of achieving something and it’s giving me a fire underneath." Fury's never been afraid to make big predictions before his fights, but recent images taken from his camp for the Usyk bout suggests that he's taking his shot at redemption very seriously. GIVEMESPORT's Key Statistic: Tyson Fury has won every rematch he has ever had in his career by stoppage. Tyson Fury Looks in Some of the Best Shape of his Career Ahead of Usyk Rematch Fury has enlisted the help of Kevin Lerena, the current WBC Bridgerweight champion, as a sparring partner for the contest. A picture was posted by Lerena of the pair, with Fury looking in impressive shape by his usual standards, with a bulkier upper body and the noticeable absence of a gut. Alongside the striking image, Lerena wrote: "Life in the camp is buzzing. Only a month left until the heavyweight championship fight. The energy in the gym is electrifying. The preparation matches the determination, desire, and will to succeed. We’re working hard during training." Boxing heavyweight Tyson Fury has threatened to burn one of the titles should he ever win it back. A southpaw with a similar stature to Usyk, Lerena is the ideal style of fighter for Fury to work with as he bids to reverse his split decision defeat from earlier this year. This wouldn't be the first time that the Morecambe man has packed on weight for a rematch, either. After drawing with Deontay Wilder in 2018, Fury packed on 17lbs for their 2020 sequel and blasted out 'The Bronze Bomber' in seven rounds. And 'The Gypsy King' is hoping that a similar approach can work against the dangerous Usyk. Fury's coach, Andy Lee, has claimed that his fighter was unable to do any proper sparring ahead of his last outing with Usyk, after sustaining a cut above his right eye before their initial planned meeting. From the looks of the photos coming out of Fury's camp, that won't be an issue this time around. The 36-year-old even shared a defiant message on social media while topless, where he vowed to even the score with Usyk. He declared: "Four weeks to go to the biggest fight of the year. The biggest fight in boxing. Me and Usyk, and I’m coming in hot. I’m coming in hot! Get up, can’t wait. December 21... the belts are gonna be mine again! Get up!" The greatest British heavyweights ever to grace the squared circle have been ranked...Stacy Fernández is a freelance writer, project manager and communications specialist. She’s worked at The Texas Tribune, The Dallas Morning News and run social for The Education Trust New York. Her favorite hobby is finding hidden gems at the thrift store, she loves a good audio book and is a chocolate enthusiast.
Court challenge over vote to extend post-Brexit trading arrangements dismissedNone
Ruling may further delay count of Puerto Rico's still-uncertified votes in Nov. 5 elections
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Stock market today: Rising tech stocks pull Wall Street to another recordSPRINGFIELD, Ill. — The Illinois Supreme Court on Thursday overturned actor Jussie Smollett’s conviction on charges of staging a racist and anti-gay attack against himself in 2019 and lying to Chicago police, saying he should not have been charged a second time after reaching a deal with prosecutors. The ruling, which did not address Smollett’s continued claims of innocence, marked a stunning reversal in a case that became part of a polarized political landscape. Smollett, who is Black and gay, told police in January 2019 that two men assaulted him in his downtown Chicago neighborhood, spouting slurs, tossing a noose around his neck, and yelling that he was in “MAGA country,” an apparent reference to Donald Trump’s “Make America Great Again” presidential campaign slogan. The report, which made headlines around the world, prompted a massive search for suspects by Chicago police before investigators announced that they believed the attack was a hoax. The state’s highest court found that a special prosecutor should not have been allowed to intervene after Smollett reached a deal with the Cook County state’s attorney in which charges against him were dropped in exchange for him forfeiting his $10,000 bond and performing community service. The deal prompted outrage in part because it did not include any condition that Smollett apologize or admit he staged the attack. “We are aware that this case has generated significant public interest and that many people were dissatisfied with the resolution of the original case and believed it to be unjust,” Justice Elizabeth Rochford wrote in the court’s 5-0 opinion. “Nevertheless, what would be more unjust than the resolution of any one criminal case would be a holding from this court that the state was not bound to honor agreements upon which people have detrimentally relied.” Smollett was on the television drama “Empire,” which filmed in Chicago, and prosecutors alleged he staged the attack because he was unhappy with the studio’s response to hate mail he received. Testimony at trial indicated he paid $3,500 to two men whom he knew from “Empire” to carry it out. Smollett testified that “there was no hoax” and that he was the victim of a hate crime. Smollett declined to comment Thursday. His attorney Nenye Uche thanked the court for “restoring order to Illinois’ criminal law jurisprudence.” “This was not a prosecution based on facts, rather it was a vindictive persecution and such a proceeding has no place in our criminal justice system,” Uche said. The special prosecutor, former U.S. Attorney Dan Webb, said he disagreed with the court’s ruling while noting that it “has nothing to do with Mr. Smollett’s innocence.” “The Illinois Supreme Court did not find any error with the overwhelming evidence presented at trial that Mr. Smollett orchestrated a fake hate crime and reported it to the Chicago Police Department as a real hate crime, or the jury’s unanimous verdict that Mr. Smollett was guilty of five counts of felony disorderly conduct,” Webb said. After Cook County State’s Attorney Kim Foxx’s office dropped the initial 16 counts of disorderly conduct, the backlash was swift, with then-Mayor Rahm Emanuel calling it “a whitewash of justice.” Webb was appointed special prosecutor and a grand jury restored charges, leading to Smollett’s 2021 conviction on five counts of disorderly conduct . Smollett was sentenced to 150 days in jail — six of which he served before he was freed pending appeal — and was ordered to pay about $130,000 in restitution. Chicago officials are pursuing reimbursement for that amount in police overtime through a civil case. Foxx told The Associated Press that she was not surprised that the high court found her handling of the case “proper — if unpopular, proper.” She criticized Webb’s ensuing “legal machinations,” which she said ignored the tenet of prosecutorial discretion and landed the issue in the “same position we were in in March 2019.” “What they were doing in going to the court to re-prosecute someone because you didn’t like the outcome would have set a horrendous precedent, in which anyone could come in and undermine the work of a prosecutor’s office,” said Foxx, who did not seek a third term this year. Eileen O’Neill Burke, the incoming Cook County state’s attorney , declined to comment. Smollett, a child actor who appeared in 1992 movie “The Mighty Ducks,” has credited his role as a singer on the hip-hop drama “Empire” for turbocharging his career . This year, he starred in the movie “The Lost Holliday” with Vivica A. Fox. Illinois Supreme Court Chief Justice Mary Jane Theis and Justice Joy Cunningham took no part in Thursday’s decision.
BIG 12 THIS WEEKNEW YORK (AP) — Bitcoin extended its streak of record highs after ticking above $99,000 for the first time. The cryptocurrency has rocketed more than 40% in just two weeks. Now, bitcoin is at the doorstep of $100,000, just two years after dropping below $17,000 following the collapse of crypto exchange FTX . The dramatic rally rolls on as industry players expect the incoming Trump administration to bring a more “crypto-friendly” approach toward regulating the digital currency. Bitcoin was trading at $99,526 Friday afternoon, according to CoinDesk. As with everything in the volatile crypto markets, the future is impossible to know. And while some are bullish, other experts continue to warn of investment risks. Here’s what you need to know. Cryptocurrency has been around for a while now. But, chances are, you've heard about it more and more over the last few years. In basic terms, cryptocurrency is digital money. This kind of currency is designed to work through an online network without a central authority — meaning it’s typically not backed by any government or banking institution — and transactions get recorded with technology called a blockchain. Bitcoin is the largest and oldest cryptocurrency, although other assets like ethereum, tether and dogecoin have also gained popularity over the years. Some investors see cryptocurrency as a “digital alternative” to traditional money, but the large majority of daily financial transactions are still conducted using fiat currencies such as the dollar. Also, bitcoin can be very volatile, with its price reliant on larger market conditions. A lot of the recent action has to do with the outcome of the U.S. presidential election. Crypto industry players have welcomed Trump’s victory, in hopes that he would be able to push through legislative and regulatory changes that they’ve long lobbied for — which, generally speaking, aim for an increased sense of legitimacy without too much red tape. Trump, who was once a crypto skeptic, recently pledged to make the U.S. “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. His campaign accepted donations in cryptocurrency and he courted fans at a bitcoin conference in July. He also launched World Liberty Financial, a new venture with family members to trade cryptocurrencies. How of this will actually pan out — and whether or not Trump will successfully act quickly on these promises — has yet to be seen. “This is not necessarily a short-term story, it’s likely a much longer-term story," Citi macro strategist David Glass told The Associated Press last week. "And there is the question of how quickly can U.S. crypto policy make a serious impact on (wider adoption).” One step Trump must take in the short-term is name a new head of the Securities and Exchange Commission, which shares oversight of cryptocurrencies. Gary Gensler, current chair of the SEC, has led the U.S. government’s crackdown on crypto over recent years, penalizing a number of companies for violating securities laws. But he's also faced criticism from industry players in the process, like the chief legal officer of Robinhood , who described Gensler's approach toward crypto as “rigid” and "hostile.” Gensler will step down in January when Trump takes office. Adam Morgan McCarthy, a research analyst at Kaiko, thinks the industry is craving “just some sort of clarity.” Much of the approach to regulating crypto in the past has been “enforcement based,” he notes, which has been helpful in weeding out some bad actors — but legislation might fill in other key gaps. Despite crypto’s recent excitement around Trump, McCarthy said that 2024 has already been a “hugely consequential year for regulation in the U.S.” — pointing to January’s approval of spot bitcoin ETFs, for example, which mark a new way to invest in the asset. Spot ETFs have been the dominant driver of bitcoin for some time now — but, like much of the crypto’s recent momentum, saw record inflows postelection. According to Kaiko , bitcoin ETFs recorded $6 billion in trade volume for the week of the election alone. In April, bitcoin also saw its fourth “halving” — a preprogrammed event that impacts production by cutting the reward for mining, or the creation of new bitcoin, in half. In theory, if demand remains strong, some analysts say this “supply shock” can also help propel the price long term. Others note it may be too early to tell. History shows you can lose money in crypto as quickly as you’ve made it. Long-term price behavior relies on larger market conditions. Trading continues at all hours, every day. At the start of the COVID-19 pandemic, bitcoin stood at just over $5,000. Its price climbed to nearly $69,000 by November 2021, during high demand for technology assets, but later crashed during an aggressive series of Federal Reserve rate hikes. And the late-2022 collapse of FTX significantly undermined confidence in crypto overall, with bitcoin falling below $17,000. Investors began returning in large numbers as inflation started to cool — and gains skyrocketed on the anticipation and then early success of spot ETFs. But experts still stress caution, especially for small-pocketed investors. And lighter regulation from the coming Trump administration could mean less guardrails. “I would say, keep it simple. And don’t take on more risk than you can afford to," McCarthy said — adding that there isn't a “magic eight ball” to know for certain what comes next. Assets like bitcoin are produced through a process called “mining,” which consumes a lot of energy. Operations relying on pollutive sources have drawn particular concern over the years. Recent research published by the United Nations University and Earth’s Future journal found that the carbon footprint of 2020-2021 bitcoin mining across 76 nations was equivalent to the emissions from burning 84 billion pounds of coal or running 190 natural gas-fired power plants. Coal satisfied the bulk of bitcoin’s electricity demands (45%), followed by natural gas (21%) and hydropower (16%). Environmental impacts of bitcoin mining boil largely down to the energy source used. Industry analysts have maintained that clean energy has increased in use in recent years, coinciding with rising calls for climate protections Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get local news delivered to your inbox!Basketball NBA Market Overview and Leading Players: Kevin Durant, Nikola Jokic, Zion Williamson, Khris Middleton, Joel Embiid, Russell Westbrook, Paul George, Jayson Tatum 12-08-2024 09:17 PM CET | Sports Press release from: STATS N DATA The Basketball NBA Market has emerged as a dynamic and influential sector within the global sports industry, capturing the attention of millions of fans, players, and stakeholders worldwide. This market encompasses a broad range of activities and products, including professional and amateur basketball engagements, merchandise sales, broadcast rights, and sponsorship deals. The relevance of this market extends beyond the basketball court, as it influences cultural trends, community engagement, and economic growth in various regions. Recent months have seen significant developments in the Basketball NBA Market, largely driven by technological advancements and strategic collaborations. The integration of digital platforms has transformed how fans engage with the sport, allowing for real-time interactions and enhanced viewing experiences. The rise of streaming services and social media platforms has created new revenue streams and marketing opportunities, enabling teams and players to connect with their audiences like never before. Additionally, partnerships between teams and technology companies are reshaping the landscape, providing innovative solutions that enhance player performance and fan engagement. You can access a sample PDF report here: https://www.statsndata.org/download-sample.php?id=376957 Key Growth Drivers and Trends Several critical factors are influencing the demand within the Basketball NBA Market. Sustainability has become a cornerstone of consumer expectations, prompting organizations to prioritize eco-friendly practices in their operations, from merchandise production to arena management. Digitization is another key driver, enhancing accessibility and engagement through mobile apps, virtual reality experiences, and social media interactions. Increased consumer awareness has led to a more informed fan base that demands transparency and corporate responsibility from teams and brands. Trends such as AI integration are revolutionizing the way players train and strategize. Advanced analytics and machine learning algorithms are being utilized to assess player performance, optimize training regimens, and inform coaching decisions. Moreover, product customization is gaining traction, with fans increasingly seeking personalized merchandise that reflects their individual preferences. Emerging technologies, such as virtual reality and augmented reality, are also shaping the market's future, offering immersive experiences that deepen fan engagement and broaden the appeal of the sport. Market Segmentation The Basketball NBA Market can be segmented into several categories, allowing for a comprehensive understanding of its dynamics. - By Type: - Professional basketball players - Amateur basketball players - College basketball players - By Application: - NBA players - International basketball players - Street basketball players - Recreational basketball players - By Product Preferences: - Basketball apparel and footwear - Basketball equipment (balls, hoops, training aids) - Basketball accessories (bags, protective gear) - By Revenue Streams: - Ticket sales - Merchandise sales - Broadcast rights and advertising revenue This segmentation reveals the multifaceted nature of the Basketball NBA Market, highlighting diverse opportunities for growth and innovation across various audience segments. Get 30% Discount On Full Report: https://www.statsndata.org/ask-for-discount.php?id=376957 Competitive Landscape The competitive landscape of the Basketball NBA Market is shaped by numerous influential players who are at the forefront of driving trends and innovation. Notable figures include: - Kevin Durant: Known for his exceptional scoring ability, Durant has also made significant contributions off the court, including philanthropic efforts and brand partnerships that resonate with fans. - Nikola Jokic: As a dominant force in the NBA, Jokic's playing style has garnered attention, while his unique personality and marketability have expanded his influence beyond basketball. - Zion Williamson: The young star has quickly become a household name, leveraging his social media presence to engage with fans and promote basketball culture. - Khris Middleton: Middleton's clutch performances have not only secured championships but also solidified his role as a leader in community initiatives. - Joel Embiid: Embiid's dynamic playing style and charismatic personality have made him a fan favorite, while his advocacy for social issues has set a powerful example in the sport. - Russell Westbrook: Known for his relentless energy, Westbrook has made significant strides in fashion and lifestyle branding, connecting with a diverse audience. - Paul George: George's influence extends to community outreach and advocacy, demonstrating how athletes can leverage their platforms for social good. - Jayson Tatum: Tatum's rise in the league has been accompanied by a keen focus on personal branding and fan engagement, making him a prominent figure among younger audiences. - Stephen Curry: As one of the most recognizable athletes globally, Curry has transformed the way basketball is played and marketed, through both his on-court success and off-court ventures. - Bradley Beal: Beal's contributions to the game and community initiatives underscore the importance of player engagement in the NBA landscape. - Bam Adebayo: Adebayo has gained recognition for his defensive prowess and leadership, while also engaging fans through social media and community service. - Devin Booker: Booker's impact on the game is complemented by his efforts in promoting mental health awareness among athletes. - Giannis Antetokounmpo: The "Greek Freak" has not only dominated on the court but has also become a global ambassador for the sport. - Anthony Davis: Davis's stature in the league and his commitment to health and wellness initiatives position him as a key player in the market. - Damian Lillard: Lillard's dual career as a musician and athlete allows him to connect with fans on multiple levels. - Donovan Mitchell: Mitchell's dynamic playing style and community engagement efforts highlight the importance of athlete representation. - Luka Doncic: The young star's global appeal has drawn international attention to the NBA, emphasizing the league's growth beyond American borders. - LeBron James: A transformative figure in sports, LeBron has leveraged his platform for social justice, making him one of the most influential athletes in history. - Kyrie Irving: Irving's impact on the game is matched by his commitment to social causes and unique personal brand. - Jimmy Butler: Butler's journey in the league and his emphasis on mental health have resonated with fans, showcasing the human side of athletes. - Karl-Anthony Towns: Towns's advocacy for mental health awareness and community engagement demonstrates the potential for athletes to drive positive change. - James Harden: Harden's style of play and marketability have made him a central figure in basketball culture. - Trae Young: Young's rise in the league has been accompanied by his innovative style and fan engagement strategies. - Kawhi Leonard: Leonard's quiet demeanor and on-court excellence have made him a respected figure in the sport. - Chris Paul: A veteran leader, Paul's contributions extend beyond the court, advocating for players' rights and community initiatives. Each of these athletes plays a pivotal role in shaping the market, whether through product innovations, brand partnerships, or community engagement efforts. Opportunities and Challenges The Basketball NBA Market presents numerous opportunities for growth, particularly in untapped regions and emerging demographics. Expanding into international markets offers a significant avenue for revenue growth, as basketball continues to gain popularity worldwide. Additionally, evolving consumer preferences toward sustainable products and experiences create a favorable environment for brands to innovate and adapt. However, the market is not without challenges. Regulatory constraints can impact operational flexibility, complicating expansion efforts. Operational inefficiencies, particularly in supply chains and logistics, may hinder growth potential. Moreover, talent shortages in coaching and player development can impede the progress of emerging teams. Addressing these challenges requires strategic partnerships, investment in training programs, and a commitment to fostering a culture of innovation within organizations. Technological Advancements Technological advancements are reshaping the Basketball NBA Market in unprecedented ways. Artificial Intelligence (AI) is revolutionizing player analytics, providing coaches with deep insights into performance metrics and game strategies. AI-driven tools are enabling teams to optimize training regimens, enhance player health monitoring, and even personalize fan experiences. Virtual reality (VR) and augmented reality (AR) are also making waves in the market. These technologies offer immersive experiences for fans, allowing them to engage with the sport in new ways, whether through virtual arenas or interactive training sessions with their favorite players. Internet of Things (IoT) systems are enhancing arena experiences, providing real-time data and analytics that improve overall fan engagement and operational efficiency. Research Methodology and Insights The insights presented in this report are derived from a comprehensive research methodology employed by STATS N DATA. This approach combines top-down and bottom-up methodologies to ensure accurate market assessments. Primary research includes interviews with industry experts, stakeholders, and market participants, while secondary research leverages existing data and reports to validate findings. Triangulation techniques further enhance the reliability of the insights, providing a robust foundation for understanding the dynamics of the Basketball NBA Market. In conclusion, the Basketball NBA Market stands at a pivotal moment, characterized by growth opportunities, technological advancements, and evolving consumer preferences. The interplay of these factors will shape the future of the sport, creating an exciting landscape for players, teams, and fans alike. As this market continues to evolve, STATS N DATA remains committed to delivering accurate, insightful analyses that empower stakeholders to navigate the complexities of the Basketball NBA Market effectively. For customization requests, please visit: https://www.statsndata.org/request-customization.php?id=376957 https://www.statsndata.org/report/basketball-nba-market-376957 Get more information about recently published reports by STATS N DATA below: You can then follow this with links or a list of the specific reports The Ultimate Guide to the Best Protein Water: Trends, Benefits, and Choosing the Right Option: https://www.statsndata.org/blog/172/the-ultimate-guide-to-the-best-protein-water-trends-benefits-and-choosing-the-right-option The Evolution of Protein Bar Manufacturing in the USA: Top Trends, Industry Insights, and Practical Tips: https://www.statsndata.org/blog/178/the-evolution-of-protein-bar-manufacturing-in-the-usa-top-trends-industry-insights-and-practical-tips Top 10 Trends Transforming the Swimwear Market: Key Insights and Strategic Tips: https://www.statsndata.org/blog/180/top-10-trends-transforming-the-swimwear-market-key-insights-and-strategic-tips 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.
Norfolk International Airport Finishes $65 Million Runway Improvement Project
Imagine a light bulb that has been burning since 1901. Nestled in a quiet Californian fire station, the Centennial Light challenges today’s disposable culture, offering a glimpse into a past where products were built to last. This historical anomaly sets the stage for a broader examination of how planned obsolescence has become embedded in the fabric of our consumer electronics industry, from light bulbs to smartphones. As we explore the evolution from durable goods to disposable gadgets, we uncover this shift’s economic and environmental implications and the legislative pushback it’s now engendering. This narrative takes us from the Centennial Light’s enduring glow to the heated debates in legislative halls worldwide, advocating for a return to durability. The light bulb that outlasted a century A remarkable piece of history illuminates a local fire station in the quiet town of Livermore, California. Known as the Centennial Light, this bulb has been burning for over a century, almost without interruption. Its longevity is so extraordinary that it earned a place in the Guinness Book of World Records. Originally a 60-watt bulb, its carbon filament has gradually dimmed to the equivalent of a 4-watt bulb today due to the natural degradation of its material. The bulb is encased in hand-blown glass, a testament to the craftsmanship of the late 19th century. The Centennial Light’s continuous operation, now surpassing a million hours, starkly contrasts with modern light bulbs. Today’s bulbs predominantly use tungsten filaments, a shift from the carbon filaments of the past. Tungsten, introduced in the early 20th century, has a higher melting point, which allows for brighter and more efficient bulbs. However, despite these advancements, the average modern incandescent bulb does not approach the lifespan of its historic predecessors like the Centennial Light. The Phoebus Cartel and planned obsolescence The phenomenon of short-lived light bulbs can be traced back to a pivotal meeting in 1924. In Geneva, Switzerland, executives from the world’s leading light bulb manufacturers, including Philips, Osram, and General Electric (which had taken over Shelby Electric), convened to address a growing threat to their businesses: bulbs that lasted too long. This meeting marked the formation of the Phoebus Cartel, named after the Greek god of light. The cartel’s goal was straightforward but impactful: to ensure that light bulbs would not last more than 1,000 hours. This strategy, known as planned obsolescence , involved deliberately reducing the lifespan of light bulbs to boost continuous sales. The cartel established standards that artificially limited the durability of bulbs across the global market. Engineers who once sought to extend the lifespan of bulbs were now tasked with finding ways to shorten it, using thinner filaments and altering the bulb design to ensure compliance with the 1,000-hour lifespan. The impact of the Phoebus Cartel’s policies was profound. By limiting bulb life, they increased the frequency of purchases and set a precedent for manufacturing and business practices prioritizing profit over product longevity and consumer value. Although the cartel dissolved in the 1930s due to external pressures and the advent of World War II, its legacy of planned obsolescence has persisted, influencing various industries and shaping consumer products to this day. Similar strategies can be seen in manufacturing appliances with less durable materials, automobiles with inaccessible parts, and batteries designed to degrade over time. Software companies exacerbate this trend by discontinuing support for older versions, forcing costly upgrades. Together, these practices underscore a widespread economic strategy that shapes consumer behavior and impacts environmental sustainability. How LEDs Changed the Spectrum of Lighting The revolution of light-emitting diode (LED) technology marks a significant milestone in the history of lighting. Since their invention in 1907, LEDs initially provided low power and were available only in red. However, by the 1990s, technological advancements introduced high-efficiency, multi-color LEDs that began to surpass incandescent bulbs in efficiency, transforming the lighting industry. This evolution enabled LEDs to emit a wide spectrum of colors and achieve higher luminosity with significantly less energy consumption. The legislative landscape also played a crucial role in the widespread adoption of LED technology. In Europe, stringent regulations phased out less efficient halogen and incandescent bulbs, with bans fully enforced by September 1, 2018, for halogen and earlier for incandescent bulbs on September 1, 2011. These regulations accelerated the shift toward more sustainable lighting solutions, paving the way for LED technology to dominate the market. Today, LED technology is celebrated for its exceptional efficiency and longevity. Modern LED bulbs can provide up to 50,000 hours of light and boast high Color Rendering Index (CRI) values, typically around CRI98, which indicates superior light quality that closely mimics natural sunlight. These attributes have made LEDs the preferred choice not only for residential and commercial use but also for environmental conservation efforts. Despite these advancements and the legal frameworks supporting them, the specter of planned obsolescence still looms over the LED industry. Unfortunately, some LED light bulbs are designed to be intentionally short-lived to encourage consumers to buy new ones. This practice mirrors broader trends across various industries, including controversial strategies like Apple’s battery management, which involved throttling the performance of older iPhones to prompt users to upgrade. These are just some examples of the ongoing challenge of balancing technological innovation with sustainable consumer practices in an industry where the potential for technological durability is often compromised to stimulate continuous consumer spending. The legal battle for longer-lasting products The push for sustainability and consumer empowerment is crystallizing through global Right to Repair legislation, which affects a broad spectrum of industries, from consumer electronics to medical devices. Notable legislation includes New York’s 2022 Digital Fair Repair Act and Colorado’s 2023 Consumer Right To Repair Agricultural Equipment Act, forcing industries to reconsider their design and repair policies. Companies like Apple have become infamous for their planned obsolescence strategies, often necessitating complete device replacements for issues as minor as a cracked screen. Similarly, manufacturers of gaming consoles, such as Sony and Microsoft , design their systems to discourage user repairs, requiring costly services only they can provide. This movement extends beyond electronics, with implications for critical medical devices like pacemakers and insulin pumps, where repair restrictions can impact costs and patient outcomes. By mandating manufacturers to provide repair documentation and parts, legislation in places like the UK, France, and India aims to curb these restrictive practices, ensuring that products are both maintainable and sustainable. The choice stands clear and consequential for both policymakers and the public: maintain the status quo of quick obsolescence or push for a marketplace enriched with durable and repairable products. Such a decision will steer market practices and significantly influence our environmental strategies. The Right to Repair acts are crucial, challenging us to rethink technological practices and prioritize environmental integrity over short-term gains.How major US stock indexes fared Monday, 12/2/2024TikTok asked a federal appeals court Monday to bar the Biden administration from enforcing a law that could lead to a ban on the popular platform until the Supreme Court reviews its challenge to the statute. The legal filing was made after a panel of three judges on the same court sided with the government last week and ruled that the law, which requires TikTok’s China-based parent company ByteDance to divest its stakes in the social media company or face a ban, was constitutional. If the law is not overturned, both TikTok and its parent company ByteDance, which is also a plaintiff in the case, claim the popular app will shut down by Jan. 19, 2025. TikTok has more than 170 million American users, the companies say. Attorneys for the two companies wrote that even if a shutdown lasted one month, it would cause TikTok to lose about a third of its daily users in the U.S. It’s not clear if the Supreme Court will take up the case. Attorneys for the two companies asked the appeals court to decide on the request for an enforcement pause by Dec. 16. The Department of Justice said Monday it will oppose the request. Get local news delivered to your inbox!
Africa’s top billionaires have amassed their wealth through innovation, resilience, and visionary business strategies, transforming industries along the way. From manufacturing and mining to telecommunications and consumer goods, these industry leaders are not only shaping Africa’s economic landscape but also leaving a global impact. Explore the sectors they dominate, the lifestyles they lead, and the journeys that brought them success, revealing how their influence extends far beyond their financial worth to drive change across the continent. PAY ATTENTION: Got a Minute? Complete Our Quick Survey About Legit.ng Today! 1. Aliko Dangote Net Worth: $15.6 billion Sector: Manufacturing (Cement, Sugar, Flour) Aliko Dangote, the richest man in Africa for over a decade, built his wealth through Dangote Group, a conglomerate that dominates the African market in cement, sugar, and flour production. Despite his immense wealth, Dangote maintains a relatively low-profile lifestyle. His journey began with trading commodities, and today, he is spearheading projects like the Dangote Refinery, which will significantly impact Nigeria's oil industry . Read also Just in: Lagos seals Adeboye’s RCCG, 8 other top establishments, full list emerges PAY ATTENTION : Standing out in social media world? Easy! "Mastering Storytelling for Social Media" workshop by Legit.ng. Join Us Live! 2. Johann Rupert Net Worth: $10.7 billion Sector: Luxury Goods Johann Rupert, a South African billionaire, heads Compagnie Financière Richemont, known for luxury brands like Cartier and Montblanc. His understated yet luxurious lifestyle reflects his company’s high-end clientele. Rupert’s journey was rooted in his father’s tobacco business, which he diversified into the global luxury goods empire it is today. 3. Nicky Oppenheimer Net Worth: $8.4 billion Sector: Mining (Diamonds) Nicky Oppenheimer, a diamond magnate, made his fortune through the Oppenheimer family’s 40% stake in De Beers, the world’s largest diamond producer. His family sold its stake in 2012 for $5.1 billion. Though private, Oppenheimer enjoys philanthropy, particularly in environmental conservation. His journey started in the diamond mines, and he eventually steered De Beers to global prominence. 4. Abdulsamad Rabiu Net Worth: $8.1 billion Sector: Manufacturing (Cement, Sugar, Real Estate) Read also Nigeria, Brazil sign MoU to boost agribusiness across all 774 local governments Abdulsamad Rabiu is another Nigerian industrialist who made his wealth through BUA Group, a conglomerate in cement, sugar, and real estate. Known for his quiet and modest lifestyle, Rabiu expanded his family business into one of Nigeria’s largest manufacturing companies. 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Global DJ Software Market Size, Share and Forecast By Key Players-Serato, Pioneer, Atomix VirtualDJ, Native Instruments, Mixvibes 11-22-2024 11:05 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Market Research Intellect DJ Software Market USA, New Jersey- According to the Market Research Intellect, the global DJ Software market is projected to grow at a robust compound annual growth rate (CAGR) of 7.2% from 2024 to 2031. Starting with a valuation of 15.41 Billion in 2024, the market is expected to reach approximately 23.39 Billion by 2031, driven by factors such as DJ Software and DJ Software. This significant growth underscores the expanding demand for DJ Software across various sectors. The DJ software market is experiencing robust growth, fueled by the rising popularity of music festivals, live performances, and digital music production. With the increasing adoption of advanced mixing technologies and tools, DJs and music enthusiasts are leveraging software to create seamless music experiences. The growing penetration of high-speed internet has enabled access to a wide range of music platforms, encouraging innovation in DJ software features. Integration with smart devices and the emergence of AI-powered tools further enhance the creative process, driving market demand. Additionally, the rise of social media and video-sharing platforms has amplified the visibility of DJs, contributing to a surge in hobbyists and professionals investing in such software. The expanding user base, coupled with advancements in technology, positions the market for sustained growth globally. The DJ software market is influenced by several dynamic factors. Technological advancements, including AI-enabled features and cloud-based integrations, are key drivers, offering users enhanced music-mixing capabilities and collaboration opportunities. The increasing preference for live-streaming events and virtual performances further propels demand. However, market growth faces challenges from software piracy and the availability of free alternatives, impacting revenue generation. Consumer preference for user-friendly and versatile software drives competition among vendors to innovate continuously. The market is also witnessing a shift toward subscription-based models, providing consistent revenue streams for companies. Regional dynamics play a role, with North America and Europe leading due to well-established entertainment industries, while Asia-Pacific exhibits significant potential due to a rising interest in music technology. Overall, evolving user demands and rapid innovation define the competitive landscape. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.marketresearchintellect.com/download-sample/?rid=2738860&utm_source=OpenPr&utm_medium=072 Key Drivers: The growth of the DJ Software market is driven by several key factors. Technological advancements in DJ Software have enabled greater efficiency and enhanced capabilities, spurring adoption across industries. Additionally, the rising demand for sustainable and eco-friendly solutions is pushing companies to innovate and adopt greener practices. Expanding applications in sectors like DJ Software and DJ Software are further contributing to market demand, as these industries seek advanced solutions to streamline operations and enhance product quality. Favorable government policies and incentives in regions such as North America, Europe, and Asia-Pacific support investment and growth. Moreover, an increasing focus on DJ Software for improving operational efficiency and cost-effectiveness is encouraging businesses to embrace new technologies, fostering sustained market expansion. Mergers and Acquisitions Mergers and acquisitions (M&A) play a pivotal role in the DJ Software market, as companies look to expand their capabilities, access new technologies, and strengthen market presence. Leading players engage in strategic acquisitions to consolidate their position and gain a competitive edge. These transactions often facilitate the integration of advanced DJ Software solutions, helping firms broaden their product portfolios and meet growing customer demands. Additionally, M&A activities support companies in achieving economies of scale and penetrating new regional markets, particularly in high-growth areas like Asia-Pacific. Through such strategic alliances, businesses aim to accelerate innovation, enhance operational efficiency, and address evolving market challenges, ultimately driving the overall growth of the DJ Software market. Get a Discount On The Purchase Of This Report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=2738860&utm_source=OpenPr&utm_medium=072 The following Key Segments Are Covered in Our Report By Type Controllers Mixers Media Players Turntables and Related Accessories By Application Personal Commercial Major companies in DJ Software Market are: Serato, Pioneer, Atomix VirtualDJ, Native Instruments, Mixvibes, Algoriddim, PCDJ, Ableton, Stanton Global DJ Software Market -Regional Analysis North America: North America is expected to hold a significant share of the DJ Software market due to advanced technological infrastructure and the presence of major market players. High demand across sectors like DJ Software and DJ Software is driving growth, with the U.S. being a key contributor. Additionally, ongoing investments in R&D and innovation reinforce the region's strong market position. Europe: Europe is projected to experience steady growth, driven by stringent regulatory standards and a rising focus on sustainability in DJ Software practices. Countries like Germany, France, and the UK are leading due to their advanced industrial base and supportive government policies. The demand for eco-friendly and efficient DJ Software solutions is expected to continue fostering market expansion. Asia-Pacific: Asia-Pacific is anticipated to be the fastest-growing region, fueled by rapid industrialization and urbanization. Countries such as China, India, and Japan are driving demand due to expanding consumer bases and increasing investments in infrastructure. The region's robust manufacturing sector and favorable economic policies further enhance growth opportunities in the DJ Software market. Latin America: Latin America and the Middle East & Africa are expected to show moderate growth in the DJ Software market. In Latin America, growth is supported by rising industrial activities in countries like Brazil and Mexico. Meanwhile, in the Middle East & Africa, infrastructure development and an increasing focus on innovation in sectors like DJ Software are key drivers of market expansion. Middle East and Africa: The Middle East and Africa represent emerging markets in the global DJ Software market, with countries like UAE, Saudi Arabia, South Africa, and Nigeria showing promising growth potential. Economic diversification efforts, urbanization, and a young population are driving demand for DJ Software products and services in the region. Frequently Asked Questions (FAQ) 1. What is the current size of the DJ Software market? Answer: The DJ Software market was valued at approximately 15.41 Billion in 2024, with projections suggesting it will reach 23.39 Billion by 2031, growing at a CAGR of 7.2%. 2. What factors are driving the growth of the DJ Software market? Answer: The market's expansion is attributed to several factors, including increased demand for DJ Software, advancements in DJ Software technology, and the adoption of DJ Software across various sectors. 3. Which regions are expected to dominate the DJ Software market? Answer: Regions such as North America, Europe, and Asia-Pacific are anticipated to lead due to the presence of major industry players and growing investments in DJ Software. 4. Who are the key players in the DJ Software market? Answer: Prominent companies in the DJ Software market include DJ Software, DJ Software, and DJ Software, each contributing to market growth through innovations and strategic partnerships. 5. What challenges does the DJ Software market face? Answer: The market faces challenges such as DJ Software, regulatory compliance, and competition from alternative solutions. However, ongoing advancements aim to address these issues. 6. What are the future trends in the DJ Software market? Emerging trends include the integration of DJ Software technology, sustainability practices, and digital transformation in processes, all expected to shape the market's future. 7. How can businesses benefit from the DJ Software market? Answer: Businesses can leverage growth opportunities in the DJ Software market by adopting new solutions, enhancing operational efficiency, and expanding their offerings to meet evolving consumer demands. 8. Why invest in a DJ Software market report from MRI? Answer: MRI's report provides in-depth analysis, future projections, and key insights to support strategic decision-making, enabling businesses to stay competitive and capitalize on growth trends in the DJ Software market. 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Pauline Hanson's lawyers have sent a defamation warning to Senator Lidia Thorpe, who claimed the One Nation leader was a "convicted racist", and to the Nine Network for broadcasting the remarks. Hanson shared copies of the letters on X on Thursday afternoon in the wake of an interview Thorpe gave to Nine's Today show that morning. In it, she referred to Hanson as a "convicted racist". That followed a fiery day in the Senate on Wednesday where Thorpe ripped up a motion by Hanson on the chamber floor which sought to question independent senator Fatima Payman's eligibility to sit in parliament . Payman was born in Afghanistan and has taken reasonable steps to renounce her Afghan citizenship , with the process made near impossible due to the country now being under Taliban rule . "Senator Hanson gets away with so much she is a convicted racist," Thorpe told the Today show on Thursday. "She has worn a burqa in the chamber ; she baits me regularly with racial taunts, and what she did to Senator Payman was question her legitimacy in this place." Thorpe did not elaborate on what she meant by a "convicted racist", but Hanson was earlier this month found to have made a racist comment when she told Muslim Greens senator Mehreen Faruqi to pack her bags and go back to Pakistan. This was a civil finding — not a criminal conviction — and Hanson has appealed the decision. Hanson's lawyer, Anthony Jefferies from Gillis Delaney Lawyers, wrote in his letter to Thorpe that "no such conviction" against Hanson exists. "It is highly irresponsible of you to have used this language on national television," Jefferies wrote in the letter. "It cannot have occurred incorrectly given how self-evidently false your claim is. "We require you to immediately and publicly withdraw the allegation that our client stands convicted of a criminal offence and to apologise to her for your inappropriate conduct." And writing to Nine's Kiah Officer, legal counsel to the network, Jefferies said: "It is highly irresponsible of Nine to have broadcast this allegation on national television — uncorrected." He also said Nine must withdraw the allegation and apologise to Hanson, and that must occur on the Today show on Friday morning. Both letters were titled "Defamation of Senator Pauline Hanson". In a statement on Thursday afternoon, the Nine Network said: "TODAY wishes to clarify that Senator Hanson has not been criminally convicted of racism, and any suggestion to the contrary is unequivocally withdrawn." SBS News has contacted Thorpe's office for comment. 'Insidious and profoundly damaging': Australia's systemic racism revealed 'It's been a horrible week' Thorpe was suspended from the Senate for the remainder of the sitting week after ripping up the motion and giving senators the middle finger. In a separate interview with the ABC on Thursday morning, Thorpe said: "I am not one to stand or sit silent and allow this to happen. I would do it again." "It's been a horrible week, and when you're subjected to racism ... I stand up against it. I ripped up a piece of paper." She questioned parliament's response to racism and criticised being labelled the "naughty little Blak girl". "They are quick to punish the Blak woman here all the time for calling it out, but I am responding to racism, and that's what they need to focus on," she said. "It seems like there's one rule for white people who get away with racism, and there's one rule for us when we call that out: we're the ones that are the naughty little Blak girl." Speaking to the motion that resulted in Thorpe's suspension, Government Senate leader Penny Wong said there had been "multiple instances of Senator Thorpe making inappropriate and sometimes abusive comments towards other senators". "All Australians have a right to feel safe at work ... this behaviour would not be tolerated in any workplace, and we will not tolerate it in our workplace," she said. The motion passed 45 votes to 11, with the Greens Party voting against — in solidarity with their former colleague. Source: Getty / Martin Ollman But Thorpe criticised Wong's comments, urging the government to do more to respond to racism in parliament. "They need to not allow Senator Hanson and others to spew hate speech in our workplace. Pauline Hanson has walked in there with a burqa. She constantly is across the floor spewing racism and disgusting violence towards us and anybody else who is not white," she said. "That is not acceptable behaviour either. Why won't Wong and [Simon] Birmingham call that out?" Thorpe said the incident was proof an open inquiry into racism in parliament was necessary. The Senate voted on Monday to refer an inquiry into racism to an internal committee. The suspension prevented Thorpe from moving a private member's bill on genocide on Thursday, which seeks to remove the attorney-general's power to block prosecution of genocide or war crimes. Thorpe questioned the timing of the suspension. "It is very convenient that I am suspended today when that bill was to be voted on," she said. On Thursday morning, Thorpe entered the press gallery viewing area of the Senate, yelling a "free Palestine" chant. She then exited the chamber.None
