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Affiliate Disclosure If you buy through our links, we may get a commission. Read our ethics policy . US Appeals Court upholds law requiring TikTok sale Charles Martin | Dec 07, 2024 TikTok's issues with the US government and courts continue. 0 Facebook x.com Reddit In its decision, the US Court of Appeals noted that the law requiring the sale of TikTok was a bipartisan effort in order to counter "a well-substantiated national security threat posed by the PRC (People's Republic of China)." The US government believes that Bytedance's ownership of TikTok gives them — and thus the Chinese government — access to a vast trove of personal data collected from users. TikTok will likely appeal to the Supreme Court, which could result in an extra 90-day stay on enforcement of the law if the court agrees to hear the case and President Biden approves the stay. If it refuses the appeal, TikTok could be facing a ban or forced sale in the US in early January, despite the 170 million Americans using the social media service. A reflection of current political tensions TikTok is considered one of the leading sources of misinformation and disinformation, alongside other social media networks like Meta's Facebook and X.com, formerly Twitter, now owned by Elon Musk. Officials in China have called the law "a blatant act of commercial robbery." Tensions between China and the US have grown steadily because of new restrictions on China's chip industry by the Biden administration. China has responded by banning exports of certain rare earth elements to the US. TikTok CEO Shou Zi Chew has found allies in the American Civil Liberties Union, which said in a statement that banning TikTok "blatantly violates the First Amendment rights of millions of Americans who use this app to express themselves and communicate with people around the world." Chew vowed that TikTok "will continue the fight to protect free speech on our platform." However, the appeals court found that China's influence over ByteDance, the parent company of TikTok, raised the possibility of China manipulating public discourse. If the Supreme Court refuses to hear the case, ByteDance must sell the service by January 19 — one day before President-elect Trump is sworn into office for his second term. During his previous term as President, Trump was in favor of forcing ByteDance to sell TikTok, but he has recently said he is now opposed to the deal. Trump also tried to ban Tencent-owned WeChat in 2020, but legal efforts blocked his administration from enforcing the order.Is HCL Technologies Ltd. a good choice for a long-term outlook? Should you keep holding Paytm parent One97 Communications Ltd. and Jio Financial Services Ltd.? Are valuations of State Bank of India and Axis Bank Ltd. sustainable? Rohan Mehta, chief executive officer and fund manager at Turtle Wealth, and Vaishali Parekh, vice president of technical research at Prabhudas Lilladher Pvt., answered these investor queries and more on NDTV Profit's Ask Profit show. Mehta: Buy Consistent earnings performance. Entry level good. Mehta: Hold if owning. Current valuation not attractive for new buy Let at least 20–25% correction to take fresh positions. Parekh: Hold. Stock not showing any strength right now. Keep stop-loss at Rs 2,600 and wait for a bounce to Rs 3,000 for an exit. Mehta: Buy September quarter has been good. Stock should be in the portfolio as its a key digital technology company. Parekh: Hold. No sign of exhaustion from momentum. Target at Rs 720. Mehta: Buy It is the most economical and a great valuation bank available now. Stock has done better than peers. Best contender in a portfolio among financials. Parekh: Accumulate. Stock has been laggard among peers. Support level at Rs 1,120 which gives an opportunity to accumulate. Mehta: Buy Company's uniquesness of only lending to women has gone with other NBFCs catching up. Stock has corrected and provides entry point but not for long term. Parekh: Buy Stop loss of Rs 290. Stock can gather steam at Rs 345–350. Risk-reward wise, good to buy. Parekh: Average out Selling is over and there is room for an upside. Parekh: Hold Sideways move currently, overall trend up. Support of Rs 4,450, target at Rs 4,800. Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.Protections for workers and reducing seabird bycatch are critical measures being sponsored by New Zealand when the 21st Western Central Pacific Fisheries Commission (WCPFC) meeting, which begins Thursday in Suva. The WCPFC brings together Pacific Island states and the distant-water fishing nations to discuss the welfare or otherwise of fish stocks, particularly the various tuna species, in the region. New Zealand intends to lead or co-lead on three issues. In a statement, the Ministry for Primary Industries said New Zealand wants a new measure adopted requiring fishing vessels to implement binding crew labour standards. It said New Zealand is leading work to strengthen the rules to prevent the capture of seabirds by long line vessels fishing in the region. New Zealand is also backing the implementation of standardised electronic monitoring on vessels. It said this would mean data can be collected for compliance monitoring and be used for research. The Ministry said New Zealand also wants to see improvements to the rules governing transhipment at sea, particularly for longline vessels. Non-governmental organisations, such as, the Pew Charitable Trusts are also strongly in favour of these measures, and say clearer rules around transshipment will help.
Is Palantir Overhyped? Discover Why This AI Star Might Stumble
NEW YORK , Dec. 15, 2024 /PRNewswire/ -- The global workforce management software market size is estimated to grow by USD 3.08 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 7.66% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: Cloud-based workforce management software allows businesses to manage their employees remotely with accessibility from anywhere via the internet. This solution offers features such as time tracking, scheduling, and communication. The cloud- segment is projected to expand rapidly due to its ability to provide global, up-to-date information from a unified platform. Enterprises benefit from reliability, visibility, and flexibility to accommodate diverse HR needs worldwide. Cloud-based workforce management software can be deployed faster and updated seamlessly, providing users with the latest functionalities without additional client effort. These advantages make cloud-based WFM software increasingly popular for managing dynamic and remote workforces, fueling the market's growth during the forecast period. Analyst Review The Workforce Management Software market is a dynamic and evolving industry that caters to businesses seeking to optimize their workforce and streamline operations. This software solutions segment encompasses a range of applications, including remote work tools, employee management systems, labor management software, and staff scheduling solutions. These platforms enable businesses to effectively manage their workforce, predict workforce needs, and optimize scheduling for various industries such as healthcare and field services. Key features of workforce management software include task management, workforce prediction, time tracking, and labor analytics. Additionally, mobile applications, AI, predictive analytics, and business intelligence solutions are increasingly being integrated to enhance productivity, customer service, and compliance with labor laws. Hybrid workforces, including in-store employees and IT resources, also benefit from these solutions, allowing for efficient management of both remote and on-premises teams. Market Overview The Workforce Management Software market is experiencing significant growth due to the increasing trend of remote work and the need for efficient Employee Management, Labor Management, and HR Management in various industries. The market caters to Business Operations in sectors like Healthcare, Construction, Packaging, Aerospace, and Manufacturing, among others. This software enables Workforce Prediction, Scheduling, Task Management, Rewards, and Time and Attendance tracking. It also offers Workforce Optimization through AI and Machine Learning, Cloud Computing, and Big Data analysis. The market includes solutions for Contact Centers, Back Offices, Energy and Utilities, and IT Resources. Compliance with labor laws and resource allocation are crucial aspects of this software. The market is witnessing a shift towards digital solutions, including mobile applications, and the adoption of cloud segment for its scalability and accessibility. Remote workforces, including in-store employees, field service providers, and remote agents, are also being effectively managed through these solutions. Employee training and fatigue management are additional features that enhance productivity and ensure workforce readiness. To understand more about this market- Download a FREE Sample Report in minutes! Key Topics Covered: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/workforce-management-software-market-size-to-increase-by-usd-3-08-billion-between-2023-to-2028--market-segmentation-by-end-user-deployment-geography--technavio-302331349.html SOURCE TechnavioNone
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outh Korean President Yoon Suk Yeol said on Wednesday he would lift a surprise martial law declaration he had imposed just hours before, backing down in a standoff with parliament which roundly rejected his attempt to ban political activity and censor the media. In South Korea's biggest political crisis in decades, Yoon shocked the nation and declared martial law on Tuesday night to thwart "anti-state forces" among his domestic political opponents. But outraged lawmakers unanimously rejected the decree. Yonhap news agency said the cabinet had agreed early on Wednesday to scrap the martial law. Protesters outside the National Assembly parliament shouted and clapped. “We won!” they chanted, and one demonstrator banged on a drum. The main opposition Democratic Party called for Yoon, who has been in office since 2022, to resign or face impeachment. “Even if martial law is lifted, he cannot avoid treason charges. It was clearly revealed to the entire nation that President Yoon could no longer run the country normally. He should step down," senior DP member of parliament Park Chan-dae said in a statement. "South Korea as a nation dodged a bullet, but President Yoon may have shot himself in the foot," said Danny Russel, vice president of the Asia Society Policy Institute think tank in the United States. The South Korean won currency came off a more than two-year low against the dollar after Yoon's reversal, while exchange traded funds linked to South Korean stocks similarly cut losses. Yoon's surprise declaration of martial law, which he cast as aimed at his political foes, was voted down by 190 lawmakers in parliament. His own party urged him to lift the decree. Under South Korean law, the president must immediately lift martial law if parliament demands it by a majority vote. The crisis in a country that has been a democracy since the 1980s, and is a US ally and major Asian economy, caused international alarm. After Yoon's announcement of martial law in a TV address, South Korea's military had said activities by parliament and political parties would be banned, and that media and publishers would be under the control of the martial law command. Helmeted troops briefly tried to enter the parliament building. Parliamentary aides were seen trying to push the soldiers back by spraying fire extinguishers. The White House said it was pleased Yoon had backed down. “We are relieved President Yoon has reversed course on his concerning declaration of martial law and respected the... National Assembly’s vote to end it," a White House spokesperson said. Earlier, US Deputy Secretary of State Kurt Campbell said the United States was watching events in South Korea with "grave concern." Some 28,500 US troops are stationed in South Korea to guard against the nuclear-armed North. Yoon did not cite any specific threat from the North, instead focusing on his domestic political opponents. It was the first time since 1980 that martial law has been declared in South Korea. Russel, who was the top US diplomat for East Asia under former President Barack Obama, said South Korea was now looking at the prospect of snap elections. "Political uncertainty and domestic strife in South Korea is not our friend. Political uncertainty and domestic strife in South Korea is North Korea’s friend, however. You can be sure that North Korea is licking its chops," he said. Yoon, a career prosecutor, squeezed out a victory in the tightest presidential election in South Korean history in 2022. He rode a wave of discontent over economic policy, scandals and gender wars, aiming to reshape the political future of Asia's fourth-largest economy. But he has been unpopular, with his support ratings hovering at around 20 percent for months. His People Power Party suffered a landslide defeat at a parliamentary election in April this year, ceding control of the unicameral assembly to opposition parties that captured nearly two-thirds of the seats. There have been more than a dozen instances of martial law being declared since South Korea was established as a republic in 1948. In 1980, a group of military officers led by Chun Doo-hwan forced then-President Choi Kyu-hah to proclaim martial law to crush calls by the opposition, labor and students for the restoration of democratic government.
HPH Announces Receipt of Minimum Bid Price Notice from NasdaqAbu Dhabi [UAE], November 27 (ANI/WAM): The Global Food Security Summit 2024, held during Global Food Week concluded its sessions on Wednesday. The summit brought together 21 ministers and senior officials involved in global food security policymaking, along with leading experts and scientists from around the world. Discussions focused on addressing current challenges, exploring future opportunities to enhance food security, and fostering sustainable and resilient food systems to face future crises. Also Read | Donald Trump Cabinet 2.0: US President-Elect Names Kolkata-Born Doctor-Researcher Jay Bhattacharya To Head Health Research Powerhouse. Organised by the Abu Dhabi National Exhibitions Company (ADNEC), in collaboration with the Abu Dhabi Agriculture and Food Safety Authority, the Ministry of Climate Change and Environment, and the Food and Beverage Manufacturers Group as a knowledge partner, the summit shed light on various issues. On Global Hunger, it noted that over 733 million people suffer from hunger worldwide, posing a threat to peace, stability, and human dignity. Also Read | Fake Pregnancy Scam Exposed in Nigeria: Scammers Pose As Medical Professionals, Offer 'Miracle Fertility Treatment' For USD 205; Woman 'Carries' Child For 15 Months. On Islamic World's Progress, the Islamic Organisation for Food Security highlighted governance, sustainability, and resource mobilisation initiatives across its 41 member countries, emphasising the significance of a dedicated Food Security Day for the Organisation of Islamic Cooperation (OIC). On a focus on Africa, the summit discussed sustainable agri-food systems and highlighted progress in West Africa, where 73 percent of farming households improved their resilience to climate shocks. Key Themes and Recommendations include sustainability as a cornerstone, where participants emphasised sustainability as essential for achieving food security, advocating for efficient resource use, renewable energy in agriculture, and fostering value-added food production. It focussed on women's empowerment where the importance of enhancing women's roles in agriculture was highlighted, recognising their contributions to economic growth and sustainability. It was noted that despite the challenges posed by greenhouse gas emissions, the summit called for adopting clean energy solutions, proposing a six-pillar framework encompassing inclusivity, incentives, data, investments, institutions, and innovation. The summit stressed the need to invest in advanced agricultural technologies and sustainable practices to ensure reliable food supplies and a better future for coming generations. It called for enhanced cooperation along food value chains to address global crises effectively. The summit urged immediate and unified international efforts to create a resilient, equitable global food system, ensuring access to healthy and sustainable food for all. The UAE National Food Security Strategy 2051 was praised for its alignment with global goals, supported by initiatives like the "Nema" platform, which combats food waste and promotes sustainable consumption practices. The summit also acknowledged the UAE's leadership role at COP28, where the nation advanced its vision of eliminating food waste and transforming traditional food systems. By convening the first-ever Global Food Security Summit, the UAE reaffirmed its commitment to building sustainable food systems, setting an example for collective action towards a future free of food waste. (ANI/WAM) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)PHILADELPHIA — Joel Embiid has missed 16 games this season because of left knee injury management, knee swelling, personal reasons and a three-game suspension. But after he misses his 17th contest against the Orlando Magic, the 2023 NBA MVP will start to wade into dangerous territory and be in jeopardy, once again, of being disqualified for regular-season awards. The NBA, in cooperation with the National Basketball Players Association, instituted a 65-game rule last season for awards, hoping it would deter players and teams from leaning on load management to take off games. The seven-time All-Star was disqualified last season after playing in only 39 games. The most games Embiid can play in this season is 65 if he participates in all of the remaining contests starting with Sunday’s game against the Bulls in Chicago. But that is highly unlikely since Embiid is not expected to play on back-to-back nights because of load management. Embiid, who has missed the last six games, is averaging career lows of 19.8 points, 7.5 rebounds and 1.0 block. He’s also registering career lows of 37.9% shooting from the field and 16.7% on 3-pointers. While he’ll remain sidelined, Paul George will return after a one game of load management to face the Magic (16-8) at the Wells Fargo Center. Meanwhile, center Andre Drummond (sprained right ankle) was upgraded to questionable after being scheduled to miss the game. His status change could be tied with reserve center Adem Bona being sidelined with a bruised left knee. The Sixers (5-15) will look to avenge Wednesday’s 106-102 loss to Orlando. ©2024 The Philadelphia Inquirer. Visit inquirer.com . Distributed by Tribune Content Agency, LLC.
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