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AI game changer for realty sectorThe future of animation work in the AI era is beginning to take shape. Following a high-stakes negotiation that stalled due to a fierce battle over the burgeoning technology, has reached a tentative deal with studios and streamers over a new three-year contract for members in the L.A. area. The deal was reached on Friday, according to the union. The result of three months of on-and-off negotiations, the provisional pact includes AI language with “notification and consultation provisions,” according to the union, which did not provide any other specifics on this key part of the agreement. The deal also provides a 7 percent general wage increase in the first year of the contract, a 4 percent increase in the second year and 3.5 percent bump in the third and language that allows for remote work. New funding for union members’ health and pension plans will forestall any additional costs or reduced benefits and Juneteenth will be added as a holiday. The union also stated that the the agreement includes changes for specific crafts, such as “a framework for staffing minimums” for animation writers, and “improvements” to the union’s new media sideletter. Said Steve Kaplan, the union’s business representative and chief negotiator in the talks, “Our Table and Support Team members were stalwart in their resolve to achieve all that we could during these discussions.” He added, ” As always, this new agreement gives us a solid foundation to work with as we work to keep our industry strong over the next three years.” has reached out to the Alliance of Motion Picture and Television Producers for comment. Guild negotiators have been clear that, from their point of view, these contract negotiations were primarily a fight over AI. In a that was released in January, an economic consulting firm commissioned by the Animation Guild found that 29 percent of animation jobs could potentially be disrupted by AI within the next three years alone. In a separate report, released days before the union resumed contract negotiations, entry-level positions will be most at risk of displacement in the next few years even as AI applications and programs “can target most of the job categories of TAG members.” The union, which represents more than 5,000 animation workers in collective bargaining, entered negotiations with the Alliance of Motion Picture and Television Producers on August 12. Besides the top issue for the union for the union — instituting guardrails on generative AI — the group also sought to fight the outsourcing of work originating at L.A.-area studios to other countries. In a on August 10, union leaders argued that this round of negotiations will set the tone for animation for years to come. “This really, for us, feels like a do-or-die negotiation cycle,” negotiating committee member and writer Joey Clift said. Added writer Julie Prescott, “The American animation industry is at stake and the drawing kid from your childhood is not going down without a fight.” In recent weeks, the labor group has taken the fight to the doorsteps of major companies, demonstrating at the offices of Netflix, and Warner Bros. Animation. While there, workers delivered a petition citing recent financial struggles for animation workers and calling for a “fair deal” with “livable wages and job security.” Now, animation workers will begin to receive more information about the deal as the union prepares to put the agreement to a ratification vote. The union has not yet disclosed the date of that vote. THR Newsletters Sign up for THR news straight to your inbox every day More from The Hollywood Reporter

The year is drawing to a close, and what a year it has been for the stock market. As of this writing, the S&P 500 , Nasdaq Composite , and Dow Jones Industrial Average are up 26%, 28%, and 19%, respectively. That said, there are many growth stocks that have far outpaced the benchmark indexes and could be worth considering for the long term. Here are three investors should know about. 1. Spotify Technology First up is streaming giant Spotify ( SPOT 1.84% ) . The company, which operates the most popular music-streaming app in the world, continues to impress markets with its growth. In its most recent quarter (the three months ending on Sept. 30), Spotify reported 640 million monthly active users (MAUs), up 11% from 574 million MAUs one year ago. In addition, the company's number of paid subscribers jumped 12% to 252 million. Arguably, paid subscribers are an even more important figure to Spotify, as subscription fees account for 88% of the company's total revenue . At the same time as the company has ramped up its conversion of overall MAUs into paid subscribers, management has also cut costs. Accordingly, Spotify's profitability has soared. The company reported operating income of 454 million euros, compared to only 32 million euros one year earlier. In summary, Spotify is giving growth-oriented investors what they want to see. The company's user base, revenue, and profits are all expanding, as Spotify continues to tap into new markets and grow its subscriber count. That's a recipe for continued success, which is why investors should consider it as a long-term buy and hold stock. 2. Reddit Next, there's Reddit ( RDDT 2.94% ) . Reddit only debuted via an initial public offering (IPO) less than a year ago. Yet, as of this writing, the stock is up a remarkable 180%. It's all thanks to Reddit's big three financial metrics: Robust revenue growth Strong user growth Sky-high gross margin Starting with revenue, Reddit has grown its quarterly revenue (for the three months ending on Sept. 30) to $348 million -- an increase of 68% year over year. Similarly, the company's daily active uniques (DAUqs) rose 47% to 97 million. That's rapid growth, and, best of all, the company is capitalizing on the growth by increasing its profitability . Gross profit margin increased to 90% in its most recent quarter -- the best ever for the company, and more than 200 basis points higher than the same period one year ago. Granted, Reddit remains a newcomer to the stock market, but its first year as a public company has been remarkable. Growth-seeking investors may want to consider this highflier as a long-term buy-and-hold candidate, given its solid growth and its potential for high profitability further down the road. 3. Nvidia Last, there's Nvidia ( NVDA 3.48% ) . Clearly, Nvidia has enjoyed a good run; it's already the world's second-largest company (as of this writing), with a market cap of $3.3 trillion. That said, there are reasons to believe Nvidia's stock can still go higher. First , consider the company's most recent earnings report (for the three months ending on Oct. 27). Nvidia reported truly amazing numbers; revenue surged 94% year over year to $35 billion. Bear in mind , that's $35 billion in quarterly revenue -- but it's roughly equivalent to the annual revenue for iconic companies like Visa , Netflix , and Starbucks . What's more, Nvidia's sales have surged to these incredible heights in just a couple of years. For example, in the same period two years ago, Nvidia reported revenue of less than $6 billion. In other words, the demand-side growth for artificial intelligence (AI) chips has been staggering. Moreover, it's not expected to end anytime soon . In addition to the fantastic results that Nvidia reported , company leadership also provided guidance that was above expectations. In short, management expects future sales of the company's Blackwell AI chips to be even stronger than previously forecast. To close, Nvidia's prominent role in the AI ecosystem make it a compelling choice for investors who are seeking a buy-and-hold stock in the AI sector.After a thrilling conference championship Saturday and a drawn-out reveal show Sunday, the inaugural 12-team College Football Playoff field is set. The first true tournament in FBS history has plenty to love -- and elements to loathe. What Went Right: Unique opening-round matchups Whether the first round proves to be more competitive than the four-team Playoff's often lopsided semifinal matchups remains to be seen. Until then, there is at least intrigue in the historic rarity of the four pairings. One opening-round matchup -- ACC automatic qualifier Clemson at Texas -- is a first-time encounter between two programs that combine for seven claimed national championships. Of the other three, the most recent contest occurred in 1996 when Tennessee topped Ohio State in the Citrus Bowl. The Vols and Buckeyes meet as the No. 9 and No. 8 seeds at Ohio State's Horseshoe, with the winner advancing to face top overall seed Oregon. SMU, a perhaps surprising final at-large selection given the Mustangs' dearth of high-profile wins, meets Penn State for the third time ever and first since 1978. The Nittany Lions scored a 26-21 come-from-behind win in Happy Valley, where they will again host SMU. The Penn State victory ended a 30-year stalemate after the first and only meeting in the 1948 Cotton Bowl produced a 13-13 tie. Here's hoping the third part of a 76-year trilogy is as closely contested as the initial two. Meanwhile, the matchup with the most previous installments is the closest in proximity -- less than 200 miles separate in-state counterparts Indiana and Notre Dame -- and the most lopsided. The Fighting Irish and Hoosiers last played in 1991, with Notre Dame's 49-27 win marking its sixth straight victory by multiple scores. Indiana's last win in the series came in 1950, a 20-7 Hoosiers victory in Bloomington. What Went Right: Boise State's big opportunity Although not the first outsider to reach or win a Bowl Championship Series game, Boise State's 2007 Fiesta Bowl victory over Oklahoma was arguably the most pivotal moment in building support for outsiders to compete for the national championship. The Broncos spent two decades knocking on the door, beginning with their perfect 2004 regular season, extending through two Fiesta Bowl wins, and withstanding the heartbreak of late-season losses in 2010 and 2011. The celebration in response to Boise State being part of the bracket -- and not just in, but as the No. 3 seed with a bye into the quarterfinals -- marked a culmination of generations of effort for just this opportunity. What Went Right: ‘Football weather' comes to the postseason From the birth of the bowl system with the first-ever Rose Bowl Game, college football's postseason has resided primarily in warm-weather destinations. This makes sense for the original purpose of bowl games as showcases and celebrations of a team's regular-season performance, but less so for the goal of crowning a national champion. After decades of playing what often amounted to road games in the postseason, northern teams get their opportunity to host. Three of the four first-round contests are in such climates -- though Indiana won't be particularly disadvantaged by weather when playing Notre Dame in South Bend. With average December highs in Pennsylvania in the 30s, SMU will need its heaters on the sideline at Penn State's Beaver Stadium. The more intriguing trip, however, is Tennessee's to Ohio State. Longtime college football fans know the arguments about SEC teams playing in Big Ten country late in the year. Pitting two high-quality teams from the two leagues head-to-head in such conditions is a highlight of this new postseason system. And, given Tennessee and Ohio State have two of the nation's best defenses, expect a style of play befitting what is often described as football weather. What Went Wrong: More teams means more politicking When Mack Brown seemingly spent as much time on TV campaigning in 2004 as that year's presidential candidates, George W. Bush and John Kerry, his Texas Longhorns were among a small collection of teams vying for BCS bids. With the 12-team Playoff opening the top postseason opportunities to as many as 20 teams realistically, the political campaign ads that mercilessly ended in early November were replaced by the politicking of college football figures. Iowa State athletic director Jamie Pollard spent last week taking shots at SMU and other programs over strength of schedule -- a point neglecting that the Cyclones' losses came to unranked Texas Tech and sub-.500 Kansas. Arizona State's thorough dismantling of Iowa State in the Big 12 Championship Game solved that debate at the proverbial ballot box. However, brace yourself for an offseason of recount demands coming out of the SEC. Alabama's exclusion at 9-3, while 11-2 SMU landed the final at-large spot, is sure to play into the same controversy that South Carolina coach Shane Beamer leaned into last week. Beamer told The State (Columbia, S.C.) last week that his program may consider changing its nonconference scheduling in response to its seemingly inevitable Playoff snub. It's an odd position, given South Carolina's three losses all came in-conference, and the Gamecocks' nonleague slate included sub-.500 teams Old Dominion, Akron and FCS Wofford. But then again, how often are political campaign pitches rooted in logic? What Went Wrong: Quantity over quality? A more salient position in Beamer's case for South Carolina is that the Gamecocks scored quality wins during a season-ending, six-game streak. With its Rivalry Week defeat of Clemson, South Carolina added a victory over a Playoff qualifier to complement victories over Texas A&M and Missouri. Alabama, meanwhile, boasts wins over No. 2 overall seed Georgia and that same South Carolina team in contention. SMU's resume might be the most likely to draw ire, given the Mustangs received the last at-large berth. However, SMU beat nine- and eight-win Duke and Louisville, with two losses by a combined six points. Indiana should be the more contentious at-large choice, with the Hoosiers beating only one team that finished above .500: 7-5 Michigan. Indiana's only other matchup with an above-.500 opponent was a 38-15 blowout at Ohio State. That's something Alabama and South Carolina have in common with Indiana, as all three teams lost in routs. Alabama dropped a 24-3 decision late in the season at Oklahoma that presumably doomed the Crimson Tide's chances, while South Carolina lost to Ole Miss 27-3. To that end, there are arguments to be made for and against every team that was on the bubble. No system will ever appease all parties. What Went Wrong: Seeding conundrum Much of the Playoff's very existence flies in the face of college football tradition. One facet of how the field was set that upholds tradition in its own small way is rewarding teams for winning their conferences by reserving the four first-round byes for league champions. When this format was implemented, however, the committee could not have envisioned that two of the top five conference champions would not be ranked in the top 10. Because three-loss Clemson survived a furious SMU comeback in the ACC championship game, and Arizona State caught fire after underwhelming losses to Texas Tech and Cincinnati to win a weak Big 12, the committee was in the unusual position of having to slot a non-power conference champion and double-digit-ranked team in a top-four spot. This first edition of the Playoff seems likely to be the last to use this format, even if this scenario seems like an outlier. --Kyle Kensing, Field Level MediaEconometer: What are you thankful for about the economy?

Meta to build $10 billion AI data center in Louisiana as Elon Musk expands his Tennessee AI facilityNoneRay'Sean Taylor, Ring Malith lead SIU Edwardsville over Ball State 82-69

KENOSHA, Wis. (AP) — Police arrested a 16-year-old student after he allegedly brought a gun to his high school in Kenosha, the second time in less than a month that someone has apparently tried to bring a firearm into one of the southeastern Wisconsin city's schools. Indian Trail High School and Academy's resource officer learned Monday that a photo of the student with a gun had been posted on social media, police said in a statement Wednesday. The student was located, escorted to an office, arrested and taken to the police department. Investigators later determined that the student had hidden a gun in a “sensitive area," making it difficult for officers to locate the weapon initially. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Group play is over in the second annual NBA Cup and with 22 teams down, we have eight still playing. At this stage in the tournament, the teams are still divided by conference and, surprise surprise if you've been paying attention to the NBA over the past 25 years or so, the Western Conference looks a bit stronger right now. Their four remaining competitors? Last year's No. 1 seed, last year's conference champion, the league's most recent dynasty and an ascending young team. That's more or less who you'd expect to advance in an event like this. The Eastern Conference? Yea, this one's a bit more of a puzzler. Among our four remaining competitors we have an ascending young team in the Magic ... that is missing its two best players. We have a former champion in the Bucks ... who started the season so poorly there were trade rumors surrounding its best player. A Hawks team that is currently responsible for more than half of all Wizards victories this season. And, finally, a Knicks team still figuring out how to integrate two new major pieces. This is the sort of eclectic mix the NBA likely hoped to create with this sort of event. Every sort of team, old and young, contending and retooling, guard-heavy and big-heavy, is represented in this final eight. But, for the purposes of the Cup, the magic number isn't eight. It's four. Those are the teams that will make the trip to Las Vegas this weekend to duke it out for the tournament title. Who actually gets there will be determined on Tuesday and Wednesday. Here's everything you need to know about Tuesday's games. Orlando Magic at Milwaukee Bucks Location: Fiserv Forum; Milwaukee Time: Tuesday, Dec. 10; 7:00 p.m. ET TV channel: TNT Betting line: Bucks -7.5; O/U 213.5 The Bucks are mostly healthy now, and while a lot of their recent success has been fueled by a relatively weak schedule, the Magic in their current state don't exactly represent a greater challenge with Franz Wagner and Paolo Banchero injured. This season, Magic lineups featuring neither of those stars are scoring only 100.7 points per 100 possession, according to Cleaning the Glass. That would place those lineups in the third percentile league-wide offensively. The Bucks may be a relatively weak defense, but unless you expect Anthony Black or Goga Bitadze to go wild, it's just hard to envision Orlando scoring enough to keep up here. The Pick: Bucks -7.5 Dallas Mavericks at Oklahoma City Thunder Location: Paycom Center; Oklahoma City Time: Tuesday, Dec. 10; 9:30 p.m. ET TV channel: TNT Beting line: Thunder -4.5; O/U 231 Dallas has won seven straight games, and with Luka Doncic healthy once again, the Mavericks look quite a bit closer to the team that reached the NBA Finals a year ago than they did during their 9-8 start. That's not why I'm picking them with the points, though. No, it's the fact that Dallas beat Oklahoma City in the playoffs a season ago that intrigues me here. The Thunder maintained a relatively consistent defensive approach in that matchup: double Doncic, make everyone else beat them. I suspect Oklahoma City will treat its regular-season matchups with Dallas this season as much more of a testing ground for other ideas to possibly deploy in the playoffs. They'll try different matchups and coverages with an eye on the spring more so than the outcome of this specific game. The Pick: Mavericks +4.5

Stephen A. Smith attacks ‘pathetic’ Giants after Elle Duncan-Daniel Jones controversyLAS VEGAS--(BUSINESS WIRE)--Dec 4, 2024-- At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com , Inc. company (NASDAQ: AMZN), and Grab, Southeast Asia’s leading superapp (NASDAQ: GRAB), announced that Grab has selected AWS as its preferred cloud provider. With AWS, Grab is pursuing a technology-led strategy to accelerate growth across its mobility, deliveries, and financial services verticals, including its new digibanks, while continuing to improve its operational efficiencies and reduce IT infrastructure costs. Grab relies on the world’s leading cloud to serve 41.9 million monthly transacting users 1 and over 13 million driver and delivery partners 2 registered on its platform. Every second, Grab processes over a hundred transactions, receives over 500k GPS pings and services over 50,000 ETA requests. AWS powers Grab’s critical compute, storage, networking, and database functions. By leveraging AWS's resilient, secure, and elastic cloud, Grab accelerates innovation, rapidly launches new services, and scales efficiently across its eight-country footprint: Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. “At Grab, our strategy for growth is anchored on constant innovation to outserve the needs of our users and partners,” said Suthen Thomas Paradatheth, CTO of Grab. “This requires rapid experimentation, while ensuring security and stability, along with the ability to fully harness the potential of the latest tech like generative AI. We're pleased to extend our partnership with AWS as our preferred cloud partner to continue to support us on this journey.” Grab optimizes operating costs with AWS As Grab looks to balance growth with cost discipline, it is using AWS Cloud to power the majority of its operations in Southeast Asia across verticals such as mobility, deliveries, and financial services and entities, including its digibanks in Indonesia, Malaysia, and Singapore. By adopting AWS’s suite of cloud-based solutions, Grab has been able to gain agility and reduce operational costs. Grab uses analytics service AWS Clean Rooms, which enables secure, privacy-preserving data collaboration between different entities and organizations. Grab also leverages AWS’s purpose-built databases and has migrated more than 400 backend application services from traditional virtual servers to AWS Graviton2 processors to drive high performance, as well as cost and energy efficiency. Grab relies on AWS to scale securely, swiftly, and with stability On-demand transactions made by Grab customers were up 22% in the third quarter of 2024. To cater to this surge in demand for services, Grab uses Amazon Relational Database Service (Amazon RDS) as its transactional database coupled with Amazon DynamoDB. This ensures high availability, scalability, and adaptability of its platform to drive exceptional customer experience fueled by more accurate searchable data. With AWS, Grab seamlessly adapts to evolving customer needs by easily adjusting resources dynamically based on user demand. For example, during peak times like holiday sales, Grab can easily accommodate increased traffic to make transactions across the superapp seamless. Conversely, during off-peak periods, resources can be scaled down to save costs. As it looks to accelerate growth with initiatives focused on affordability, high value offerings, and digital banking, AWS provides Grab with a stable and scalable infrastructure to support this rapid expansion. For instance, Grab continues to scale its revamped Advance Booking feature across the region. It also did a region-wide roll out of its improved Group Order feature and continues to drive adoption for it, making it easier for users to join the group order, track food delivery updates, and split the bill. With AWS, Grab was also able to build and launch digital banks in Singapore and Indonesia, as well as GX Bank in Malaysia, which was launched in under 16 months, scaling rapidly to serve close to one million customers within the first year of launch. Accelerating AI-led growth at Grab with AWS As one of the pioneers of AI adoption in Southeast Asia, Grab is committed to being at the forefront of exploring how the latest AI technologies can better serve and respond to the needs of its users and partners. Catwalk, Grab’s machine learning (ML) model platform, is built on Amazon Elastic Kubernetes Service (Amazon EKS), and has been used to deploy over 1,000 AI models in production, such as route guidance and pricing. With Catwalk, Grab provides users’ real-time decision-making across its services and delivers personalized experiences like tailored restaurant recommendations, loyalty rewards, and bespoke financial services based on users’ preferences. In addition, Grab uses AWS’s custom-designed AWS Inferentia chips with specialized ML inference capabilities to cost efficiently power its AI-powered services, including map enhancements and fraud detection in its digital banks. Grab also leverages AWS as the underlying compute infrastructure for its many AI initiatives. The superapp stores hundreds of petabytes of data and processes over 200 TB of data—the equivalent of 200,000 full-length movies—on AWS daily. This data forms the foundation of Grab's advanced analytics, ML, and AI initiatives, with AWS powering innovations across the company’s services offerings. Building on AWS’s compute foundations, Grab continues to develop and implement several AI-powered use cases, particularly to improve driver productivity and support merchant growth. By integrating large language models (LLMs) with point-of-interest data and historical customer notes, Grab has refined its last-mile guidance system for delivery partners. This enhancement provides drivers with more precise drop-off instructions, enabling them to complete more trips every hour, leading to higher earnings, while expediting food delivery to consumers. Additionally, Grab has rolled out a new feature that uses AI to create appetizing descriptions of food dishes in five of its eight markets. This has boosted order completion rates, bringing particular benefits to smaller, unique restaurants on the platform and enhancing the overall dining experience for customers. "AWS is proud to support Grab in its mission to drive innovation and enhance customer experiences across Southeast Asia," said Jeff Johnson, managing director, ASEAN at AWS. "By leveraging AWS's unparalleled operational performance, scalability, and cutting-edge technologies, Grab is able to deliver personalized, seamless transactions to millions of users throughout the region. As the leading cloud provider, AWS is uniquely positioned to help Grab optimize its price performance, boost operational efficiency, and continually evolve its broad suite of data-powered services. We're excited to continue collaborating with Grab as it navigates the dynamic landscape of ecommerce and superapp development, ensuring it stays at the forefront of innovation in the digital economy.” About Grab Grab is a leading superapp in Southeast Asia, operating across the deliveries, mobility and digital financial services sectors. Serving over 700 cities in eight Southeast Asian countries - Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam - Grab enables millions of people everyday to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending and insurance, all through a single app. Grab was founded in 2012 with the mission to drive Southeast Asia forward by creating economic empowerment for everyone, and strives to serve a triple bottom line: to simultaneously deliver financial sustainability and have a positive social and environmental impact in Southeast Asia. About Amazon Web Services Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 108 Availability Zones within 34 geographic regions, with announced plans for 18 more Availability Zones and six more AWS Regions in Mexico, New Zealand, the Kingdom of Saudi Arabia, Taiwan, Thailand, and the AWS European Sovereign Cloud. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com . About Amazon Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews. ______________________ 1 As of Grab Q3’24 results 2 As per Grab ESG Report 2023 View source version on businesswire.com : https://www.businesswire.com/news/home/20241204105661/en/ CONTACT: Grab Media Team press@grab.comAmazon.com , Inc. Media Hotline Amazon-pr@amazon.com KEYWORD: UNITED STATES NORTH AMERICA ASIA PACIFIC NEVADA WASHINGTON INDUSTRY KEYWORD: RETAIL TRANSPORT SOFTWARE ARTIFICIAL INTELLIGENCE NETWORKS FINANCE INTERNET BANKING DATA MANAGEMENT PROFESSIONAL SERVICES LOGISTICS/SUPPLY CHAIN MANAGEMENT DIGITAL CASH MANAGEMENT/DIGITAL ASSETS TECHNOLOGY DELIVERY SERVICES FINTECH DATA ANALYTICS PAYMENTS APPS/APPLICATIONS SOURCE: Amazon.com , Inc. Copyright Business Wire 2024. PUB: 12/04/2024 06:30 PM/DISC: 12/04/2024 06:28 PM http://www.businesswire.com/news/home/20241204105661/en

Sports on TV for Thursday, Dec. 26Australia’s total advertising revenues are forecast to grow by 6.5% to AUD 30.5 billion in 2025, according to MAGNA’s latest Global Ad Forecast . Digital advertising continues to dominate, with digital media owners projected to generate AUD 23.7 billion—78% of total advertiser budgets—by growing 8.9% year-on-year. Within digital, search remains the largest driver, forecast to grow by 5.2% to AUD 11.1 billion. Social media is the standout performer, set to rise by 17% to AUD 8.9 billion, while digital video revenues are expected to increase by 4.6% to AUD 2.5 billion. This digital growth contrasts starkly with traditional media, where revenues are forecast to decline further in 2025. Linear TV, radio, and publishing are feeling the pinch as audiences and ad dollars continue to shift online. Magna December 2024 ad spend forecasts. MAGNA’s analysis of 2024 reveals strong growth for digital and outdoor advertising but a challenging year for traditional media. Total advertising revenues in 2024 grew by +5.8% to AUD 28.6 billion, driven by a +9.9% increase in digital ad revenues, which reached AUD 21.8 billion. Social media saw standout growth of +18.4% to AUD 7.6 billion, while search climbed +6.5% to AUD 10.6 billion. AI-powered innovations and the rise of retail media played pivotal roles in reallocating ad spend within digital platforms. Outdoor advertising thrived in 2024, buoyed by increased site digitisation, new infrastructure projects, and the rise of retail-focused OOH formats. Meanwhile, traditional media saw revenues fall -3.3% to AUD 6.8 billion. Television revenues dropped -8.4%, marking a tough year for the medium despite robust Olympic viewership. The upcoming Federal election in 2025, expected in March or May, is projected to provide a short-term boost for traditional media. Regional TV is better positioned to capitalise on election spending than metro markets, but MAGNA warns this will not reverse linear TV’s overall decline. As inflation eases back within target ranges and consumer confidence stabilises, MAGNA expects a modest recovery for traditional media in the first half of 2025. However, long-term growth remains concentrated in digital channels. Across the broader APAC region, advertising revenues grew by +7.5% in 2024, reaching USD 289 billion. Digital pure players accounted for the lion’s share of growth, with revenues increasing by +9.7% to USD 221 billion. Traditional media growth was minimal at +1.0%, buoyed by high-profile events like the Paris Olympics. Leigh Terry , CEO of IPG Mediabrands APAC, said: “The future is bright for digital advertising in APAC, with its share of total budgets projected to reach 82% by 2029. Despite economic uncertainties, the market remains stable and poised for growth.” Australia exemplifies this shift, with digital representing 76% of advertising spend in 2024 and set to rise to 82% by 2029. Social media, search, and digital video are driving this growth, underpinned by mobile-first strategies and new premium entrants in video. As Australia’s advertising market transitions into 2025, the focus will be on adapting to digital innovations, sustaining growth in social media, and navigating the shifting sands of traditional media. While digital continues to set the pace, challenges remain in ensuring measurement and ROI for platforms and advertisers alike. With a Federal election on the horizon and consumer confidence on the mend, 2025 could offer a mixed bag of opportunities—but one where digital remains firmly in the driver’s seat. Keep on top of the most important media, marketing, and agency news each day with the Mediaweek Morning Report – delivered for free every morning to your inbox.( MENAFN - AzerNews) Nazrin Abdul Read more Azerbaijan was rocked with tragic news on the morning ofDecember 25, 2024. An Embraer 190 aircraft operated by AzerbaijanAirlines, flight J2-8243, en route from Baku to Grozny, made anemergency landing 3 kilometres from the city of Aktau,Kazakhstan. Initial reports suggest the aircraft collided with a flock ofbirds shortly after takeoff, leading to an emergency landing. Theplane was carrying 67 passengers and 5 crew members, but detailsabout the condition of those aboard have not yet been confirmed.Azerbaijan airlines has stated that it will release moreinformation about the incident shortly. Unfortunately, despite the utmost professionalism of AZAL andits pilots, accidents can still occur, sometimes beyond anyone'scontrol. This is a harsh reality not only in Azerbaijan but aroundthe world. Let us take a moment to reflect on some of the mosttragic accidents in aviation history that remind us of the inherentrisks in air travel. The Tenerife Airport Disaster (1977) - One ofthe deadliest aviation accidents occurred at Los Rodeos Airport(Tenerife), Canary Islands, on March 27, 1977. Two Boeing 747 jumbojets, operated by KLM and Pan American World Airways (Pan Am),collided on the runway in dense fog, resulting in 583 deaths. Thecrash happened as a result of miscommunications and humanerror. - Cause: A miscommunication between the air traffic controltower, the KLM flight crew, and the Pan Am flight crew. Despiteorders to remain on the runway, the KLM aircraft initiated itstakeoff, leading to a collision. - Aftermath: This crash highlighted the importance of clear andstandardized communication protocols, leading to the implementationof Standardized Phraseology in aviation worldwide. - Lessons and Changes: The Crew Resource Management (CRM)training program was introduced, emphasizing teamwork,communication, and decision-making in the cockpit. The 9/11 Attacks (2001) - On September 11,2001, four commercial airplanes were hijacked by terrorists anddeliberately crashed, resulting in the deaths of nearly 3,000people. The most devastating of these crashes were at the WorldTrade Center and the Pentagon. - Cause: The hijackers used the aircraft as weapons, leading tocatastrophic consequences. - Aftermath: The 9/11 attacks led to sweeping reforms in airportsecurity, including the introduction of increased screeningprocedures, airline passenger profiling, and the creation of theDepartment of Homeland Security in the United States. - Lessons and Changes: Airlines and governments around the worldbegan adopting stricter security measures, such as cockpit doorsthat can't be opened from the outside and advanced surveillancesystems in airports. The MH370 Disappearance (2014) - The MH370Disappearance (2014) - The disappearance of Malaysia AirlinesFlight MH370 on March 8, 2014, is one of the most perplexingaviation mysteries in history. The Boeing 777-200ER, with 239people aboard, vanished during a flight from Kuala Lumpur toBeijing. The disappearance of Malaysia Airlines Flight MH370 on March 8,2014, is one of the most perplexing aviation mysteries in history.The Boeing 777-200ER, with 239 people aboard, vanished during aflight from Kuala Lumpur to Beijing. - Cause: Despite years of investigation, the cause of thedisappearance remains unknown. It is believed that the aircraft'scommunication systems were deliberately disabled before it divertedoff course. - Aftermath: The incident exposed gaps in tracking technologyfor aircraft, especially in remote regions. - Lessons and Changes: In response, the aviation industry hasbegun adopting more advanced tracking technologies such asSatellite Tracking and Automatic Dependent Surveillance-Broadcast(ADS-B) systems, which ensure that aircraft can be monitored inreal-time. How governments and airlines should preventcrashes? To prevent such crashes, both governments and airlines must playan active role in enhancing safety measures, improvingcommunication, and ensuring strict compliance with regulations.Here are some key recommendations: Implementing stringent safety regulations - Governments shouldensure that airlines comply with international aviation safetystandards, such as those set by the International Civil AviationOrganization (ICAO). Regular audits and inspections should beconducted to ensure that airlines maintain the highest safetystandards, particularly for aircraft maintenance, flightoperations, and crew training. Investing in advanced technology - Airlines and governmentsshould prioritize investment in cutting-edge technology to ensuresafety in all areas of aviation. This includes: - Enhanced bird strike management: Airports must deploy radarsystems and other technologies to detect and deter birds nearrunways. - Real-time aircraft tracking: Airlines should implementadvanced tracking technologies that can ensure aircraft arecontinuously monitored, especially in remote areas, as seen in theresponse to MH370. - Cockpit Communication Systems: Strengthening communicationsystems in cockpits and ensuring Standard Operating Procedures arefollowed can prevent confusion and human error. Improving human factors and training: - Crew Resource Management (CRM) training is crucial forpreventing errors in the cockpit. CRM ensures that pilots, flightcrews, and air traffic controllers work cohesively, even instressful or unusual situations. - Governments should ensure that airlines have robust pilottraining programs, including simulations of emergency scenarios,and mental health checks to address stress and fatigue among flightcrews. Despite the common perception that airplane accidents areterrifying, statistics reveal that air travel is actually thesafest mode of transportation. When comparing the risks ofdifferent modes of transportation-airplanes, ships, trains, andcars-it's essential to look at the fatality rates and safetyrecords for each. Although each mode of transportation carriesinherent risks, the data shows significant differences in the levelof risk associated with each. Air travel: The safest mode of transport - Fatality rate: Air travel is often considered the safest modeof transportation. According to **the National Safety Council (NSC)and other aviation safety organizations, the fatality rate forcommercial aviation is approximately 0.07 deaths per billion milestraveled. - Reasons for safety: Airplanes are highly regulated and undergorigorous safety checks and maintenance. Pilot training is extremelystrict, and the aviation industry has incorporated extensive safetyfeatures and protocols. Additionally, air traffic control systemsand technology, like radar and satellite tracking, ensure constantmonitoring of flights. - Incidents: While plane crashes tend to capture significantmedia attention due to their high-profile nature, they areincredibly rare. The airline industry has made continuousimprovements to flight safety, with major incidents being morelikely to result from a combination of human error, mechanicalfailure, or external factors (such as weather or bird strikes). - Statistical comparison: Based on fatality rates per miletraveled, flying is far less risky than driving or taking atrain. While the Embraer 190 incident in Aktau is still underinvestigation, it serves as a stark reminder of the unpredictabledangers faced by the aviation industry. From bird strikes to humanerrors, crashes have occurred throughout history. The aviationindustry has made considerable strides in improving safety, but itremains critical for governments and airlines to stay vigilant,invest in new technology, and ensure ongoing training andregulatory compliance. By learning from past tragedies andimplementing proactive measures, we can continue to make air travelone of the safest modes of transportation. MENAFN25122024000195011045ID1109030066 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

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Surging Flyers take aim at Panthers, who may be without top goalie20 fantastic things to do in Vancouver this week: December 9 to 15

NASCAR Market Industry Dynamics and Contributions by Spire Motorsports, Germain Racing, Chip Ganassi Racing, MBM Motorsports, Beard Motorsports, Rick Ware Racing, Hendrick Motorsports, 23XI Racing 12-08-2024 10:51 PM CET | Tourism, Cars, Traffic Press release from: STATS N DATA NASCAR Market The NASCAR market is experiencing a dynamic evolution, driven by a resurgence in fan engagement and the integration of technology within the racing landscape. This market, encompassing various forms of motorsport, provides thrilling entertainment, competitive platforms, and significant economic opportunities. The scope of the NASCAR market not only includes traditional racing events but also extends to merchandising, sponsorships, and driver development programs. As we progress into The market is witnessing transformative changes fueled by technological advancements and strategic collaborations among industry stakeholders. Recent developments in the NASCAR market showcase a shift towards sustainability and innovation. Key players are investing in electric vehicle racing, reflecting a global trend towards eco-friendly practices. Additionally, the introduction of digital platforms for fan engagement has revolutionized how fans interact with the sport, offering immersive experiences that enhance loyalty and attendance at events. Collaborations between racing teams and technology firms are also paving the way for smarter, data-driven decision-making processes that enhance performance on the track. You can access a sample PDF report here: https://www.statsndata.org/download-sample.php?id=377382 Key Growth Drivers and Trends Several critical factors are influencing the demand for NASCAR-related activities. The push for sustainability has encouraged teams to explore alternative fuel sources and energy-efficient technologies. This trend not only meets consumer expectations but also aligns with broader environmental goals, thereby appealing to a younger, more environmentally conscious audience. Digitization is another significant driver of growth in the NASCAR market. The integration of advanced analytics, real-time data collection, and artificial intelligence is reshaping how teams strategize and compete. AI technologies are being utilized for predictive analytics, helping teams to make informed decisions based on performance data. Furthermore, product customization is becoming increasingly popular among fans, with personalized merchandise and experiences tailored to individual preferences. Emerging technologies are also at the forefront of this market's evolution. Innovations such as virtual reality and augmented reality are enhancing the spectator experience, allowing fans to engage with the sport in unprecedented ways. These technologies not only attract new fans but also deepen the connection of existing ones to their favorite teams and drivers. Market Segmentation The NASCAR market can be segmented into various categories that highlight its diversity and breadth. By Type: - Stock Car Racing - Modified Racing - Truck Racing - Sports Car Racing - Drag Racing - Kart Racing By Application: - Professional Racing Events - Amateur Racing Events - Driver Development Programs - Racing Schools - Sponsorship and Advertising Opportunities - Merchandising and Licensing By Target Audience: - Motorsport Enthusiasts - Racing Teams and Drivers - Automotive Manufacturers - Corporate Sponsors - Media and Broadcasting Companies - Event Organizers Each segment presents unique opportunities and challenges, with professional racing events continuing to draw the largest audiences. However, amateur racing events and driver development programs are gaining traction as they cultivate grassroots interest and expand the talent pool for the sport. Get 30% Discount On Full Report: https://www.statsndata.org/ask-for-discount.php?id=377382 Competitive Landscape The NASCAR market is characterized by a competitive landscape filled with prominent teams and organizations that significantly influence trends and drive innovation. Key players include: - Spire Motorsports: Known for its agile and adaptive racing strategies, Spire has been at the forefront of embracing new technologies for performance enhancement. - Germain Racing: This team emphasizes strong partnerships and community engagement, contributing to the growth of the sport. - Chip Ganassi Racing: A leader in motorsport innovation, Chip Ganassi Racing is renowned for its commitment to excellence and competitive performance. - MBM Motorsports: Focused on creating opportunities for emerging drivers, MBM Motorsports plays a crucial role in the NASCAR ecosystem. - Beard Motorsports: With a focus on grassroots racing, Beard Motorsports is dedicated to promoting the sport at local levels. - Rick Ware Racing: This team is known for its strategic partnerships and commitment to developing new talent in racing. - Hendrick Motorsports: A powerhouse in the NASCAR world, Hendrick Motorsports has a legacy of success and innovation. - 23XI Racing: Co-owned by Michael Jordan, this team is making waves by attracting a diverse fanbase and focusing on inclusivity. - Front Row Motorsports: Committed to building a competitive team, they emphasize strategic growth and collaboration. - Roush Fenway Racing: Known for its robust engineering capabilities, Roush Fenway continues to push the envelope in performance. - JTG Daugherty Racing: Focused on fan engagement, they have successfully merged traditional racing with modern marketing strategies. - Our Motorsports: A team dedicated to providing opportunities for young drivers to showcase their talents. - Stewart-Haas Racing: This team combines experience and innovation to maintain its competitive edge. - Kaulig Racing: Recognized for its emphasis on teamwork and community involvement. - Team Stange Racing: A growing name in the industry, committed to expanding its presence in NASCAR. - Live Fast Motorsports: A newcomer making strides by focusing on fan-driven engagement strategies. - Team Penske: With a long history of success, Team Penske continues to innovate and lead in the NASCAR arena. - Joe Gibbs Racing: A dominant force in the sport, known for its strategic excellence and championship wins. - Richard Childress Racing: Focused on performance and legacy, RCR continues to be a vital part of NASCAR history. - Wood Brothers Racing: A historic team that blends tradition with modern practices in motorsport. - Gaunt Brothers Racing: Known for their strategic approaches and commitment to racing excellence. - Trackhouse Racing Team: A new and vibrant addition to NASCAR, focusing on diversity and fan engagement. - Motorsports Business Management: This organization is committed to creating business opportunities within the racing industry. - Richard Petty Motorsports: Leverages its rich history to engage fans and attract new audiences. - Leavine Family Racing: Focuses on building strong relationships within the racing community to foster growth. These teams are not only competing on the racetrack but also innovating through technology, enhancing fan experiences, and fostering community engagement. Opportunities and Challenges The NASCAR market presents an array of opportunities, particularly in untapped regions and among evolving consumer preferences. As motorsport gains global traction, there are opportunities to expand racing events into new markets, particularly in Asia and Europe. Furthermore, as consumers increasingly seek experiences that align with their values, NASCAR's commitment to sustainability and community engagement can attract new fans. However, the market also faces challenges. Regulatory constraints can limit the introduction of new technologies and practices, hindering growth. Additionally, operational inefficiencies within teams can impact performance and profitability. Talent shortages, particularly in engineering and technology roles, pose another significant hurdle for the industry. To overcome these challenges, stakeholders must focus on fostering a culture of innovation and collaboration. Investing in workforce development and training programs can help bridge the talent gap. Moreover, creating flexible regulatory frameworks can encourage experimentation with new technologies and practices, ultimately enhancing the sport's growth trajectory. Technological Advancements The NASCAR market is on the brink of a technological revolution. Cutting-edge technologies, such as artificial intelligence, IoT-driven systems, and virtual tools, are reshaping the landscape. AI is being utilized for performance analysis, allowing teams to optimize their strategies based on data-driven insights. IoT technologies enable real-time monitoring of vehicle performance, enhancing safety and efficiency on the track. Virtual reality applications are transforming fan engagement, offering immersive experiences that allow fans to feel as though they are part of the race. These advancements not only enhance the spectator experience but also provide teams with invaluable data to inform their strategies. Research Methodology and Insights At STATS N DATA, our research methodology is designed to provide accurate and comprehensive insights into the NASCAR market. We employ a combination of top-down and bottom-up approaches, conducting thorough primary and secondary research to gather data from a variety of sources. Our triangulation process ensures that the insights we present are reliable and well-rounded, providing stakeholders with a clear understanding of current trends and future directions. Our commitment to thorough research and analysis positions STATS N DATA as a trusted authority in the NASCAR market, enabling us to deliver valuable insights that drive informed decision-making for our clients and stakeholders. In conclusion, the NASCAR market is poised for significant growth and transformation. With a focus on technological innovation, sustainability, and fan engagement, stakeholders have the opportunity to shape the future of this exhilarating sport. As we move forward into 2025, the potential for growth in this market remains vast, presenting exciting prospects for teams, sponsors, and fans alike. For customization requests, please visit: https://www.statsndata.org/request-customization.php?id=377382 https://www.statsndata.org/report/nascar-market-377382 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 Top 10 Trends in Mega Data Centers Driving the Future of Technology : https://www.statsndata.org/blog/201/top-10-trends-in-mega-data-centers-driving-the-future-of-technology The Ultimate Guide to Top Coffee Companies in the US: Trends, Insights, and Strategies: https://www.statsndata.org/blog/202/the-ultimate-guide-to-top-coffee-companies-in-the-us-trends-insights-and-strategies How the Skincare Market is Changing the Industry: The Ultimate Guide to Skincare Market Trends: https://www.statsndata.org/blog/204/how-the-skincare-market-is-changing-the-industry-the-ultimate-guide-to-skincare-market-trends The Future of Telecom: Leveraging AI Software, Hardware, and Services for Enhanced Connectivity: https://www.statsndata.org/blog/206/the-future-of-telecom-leveraging-ai-software-hardware-and-services-for-enhanced-connectivity 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.

Horse racing tips: Templegate’s NAP has been a revelation in handicaps and devours track and tripDespite "significant progress" in the integration, stabilization, and humanitarian assistance, challenges and social inequality persist. More than 4.5 million Venezuelan refugees and migrants residing in Latin America and the Caribbean have regularized their migratory status since 2019, of which 1.3 million did so in 2024 alone, thanks to a new strategy that aids their integration, announced the Regional Platform for Inter-Agency Coordination for Venezuelan Refugees and Migrants this Friday. (R4V). “This (the regularization of the 4.5 million Venezuelan migrants) is thanks to the efforts of the governments that have established the regulatory processes within each legal framework.” “We must acknowledge the international institutions that have helped us,” said the inter-agency coordinator of R4V, Johan González. This has been made possible thanks to the “proactive measures” taken by the host governments and the financial support of the international community, as highlighted in a statement by R4V, which now presents its 2025-2026 response plan in Panama to address the needs of Venezuelans, amid the crisis caused by the Venezuelan elections last July, in which the electoral body awarded victory to President Nicolás Maduro amid the opposition’s “fraud” allegations, grouped in the Democratic Unitary Platform (PUD). The plan, developed to address these urgent needs and prevent unnecessary subsequent movements, requires 1.4 billion dollars in its first year, they announced. This funding will support more than 2.3 million vulnerable refugees and migrants and their host communities in 17 countries in Latin America and the Caribbean. Solidarity and sustained financial support To make this a reality, the commitment of the international community to provide “solidarity and sustained financial support” to host countries and partners of the R4V Platform is considered “essential.” The Regional Response Plan for Refugees and Migrants (RMPR) is coordinated by R4V and co-led by the International Organization for Migration (IOM) and UNHCR, the UN Refugee Agency. “By ensuring this funding, vital assistance will be provided and long-term initiatives will be implemented to foster successful stabilization and socioeconomic integration processes, while addressing discrimination and improving access to documentation, healthcare, and decent employment,” states that organization. According to the 2024 Regional Analysis of Refugee and Migrant Needs (RMNA) by R4V, it is estimated that among the 6.7 million Venezuelans living in Latin America and the Caribbean, “82% have informal jobs, more than a third are in irregular situations, and 53% face obstacles in accessing healthcare.” According to this data, many receive unfair wages, which means that “42% cannot provide enough food for their families and 23% live in overcrowded conditions,” needs that “are even greater” among refugees and migrants of other nationalities passing through the region, with up to 90% lacking essential services such as food, protection, and shelter. “We need to see what external factors have harmed integration and informality.” The economic situation in Latin America and the Caribbean is quite low in growth compared to other regions of the world. This not only affects the income of migrants but also the host communities, as well as their livelihoods,” explained González. Integration and ongoing challenges R4V acknowledges that despite the “significant progress” in the integration, stabilization, and humanitarian assistance for Venezuelan refugees and migrants, challenges such as economic and political instability, insecurity, and social inequality persist, which “make it difficult for migrants and refugees to support their families in host countries.” Therefore, R4V considers that the efforts to regularize the refugee status in Latin America and the Caribbean must be complemented with “solid initiatives for stabilization and socioeconomic integration, which include education, healthcare, validation of professional skills, access to the formal labor market, livelihood opportunities, and banking services.” Eduardo Stein, joint special representative of UNHCR and IOM for Venezuelan Refugees and Migrants, believes that “the integration of refugees and migrants is crucial for building inclusive and resilient societies.” “When migrants and refugees are empowered to fully contribute to their communities, they enrich the social fabric and at the same time drive economic growth and innovation,” Stein stated. By ensuring access to essential services, such as labor markets and social networks, “we create a situation where everyone wins: refugees, migrants, and host communities,” stated the high-ranking UN official. Tags costa rica costa rica news Daily News Latin America National News news news costa rica Venezuelan Migrants and Refugees Save my name, email, and website in this browser for the next time I comment.