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Few would argue that New York City is mired in a housing crisis — as defined by high prices and low vacancies. There’s good evidence for that conclusion. The most recent federal New York City Housing and Vacancy Survey reported a vacancy rate of just 1.4%, “a stark contrast to the 4.54 rate in 2021”. Over the same period, median monthly rent rose from $1,500 to $,1641 — and that includes everything from luxury high-rises to public housing. These sorts of figures drive an ongoing search for solutions to the problem — including, most recently, Mayor Adams’ Dec. 12 announcement of a new city Charter Revision Commission to consider, as he put it, how to “deliver as much affordable housing to working-class New Yorkers and their families.” A thorough examination of New York’s housing policy — both at the city and state level — could include a growing body of economic research regarding rent regulation, which affects the 960,000 “rent-stabilized” apartments whose price is set not by the market but by mayoral appointees. Rent stabilization may provide a good deal for those lucky to benefit from it. But as economists from across the political spectrum increasingly concur, it ultimately harms the city’s housing market for many. Research into the impact of rent control has a long history. Back in 1997, the Harvard economists Edward Glaeser and Erzo Luttner described the “misallocation of housing” that rent controls creates. That was their term for a mismatch between what renters might need and what they choose because the price is cheap — such as folks who might only need a small apartment, but live in a big one because they can afford it. More recently, in 2018, the liberal Brookings Institution cited the same problem: “Once a tenant has secured a rent-controlled apartment, he may not choose to move in the future and give up his rent control, even if his housing needs change.” This “misallocation,” Brookings continued, is not without major consequence, most notably “empty-nest households living in family-sized apartments and young families crammed into small studios.” Last year’s Census analysis of New York housing data suggests that’s exactly what is happening here — as young people crammed into subdivided studios with multiple roommates know well. The difference between rent-regulated and market-rate housing in the Big Apple is stark: Only 94,000 (24%) rent-stabilized tenants had moved (either in or out) in the past year, compared to 221,000 (57%) of market-rate tenants. Rent-stabilized tenants are more likely to stay put — forming a kind of housing blockade for newcomers or households with kids who need more bedrooms. As per the Census, the long-term rent-stabilized tenants were not necessarily low-income: 30% reported incomes above $100,000 a year—in keeping with notorious stories of the actress Mia Farrow and Congressman Charles Rangel enjoying rent-stabilized units. (Farrow inherited hers through her family, as the law permits.) Rent controls, notes the Journal of Housing Economics , lead to a redistribution of income — which can include tenants who become better off at the expense of landlords. As Kenny Burgos, the former Bronx Assemblyman who now heads the New York Apartment Association (NYAA) — which represents the owners of some 400,000 regulated units — notes, the current system “inhibits the natural flow and movement of a normal housing market.” There can be ill-effects on housing quality too, economists are finding, in ways that harm rent-stabilized tenants themselves. In February, 2024, ceonomists at the St. Louis Federal Reserve Bank looked at the physical effects of rent controls. They concluded that “while rent-control policies do restrict rents at more affordable rates, they can also lead to a reduction of rental stock and maintenance, thereby exacerbating affordable housing shortages.” Similarly, new research in the Journal of Housing Economics from March 2024 concluded that “even tenants in the controlled dwellings can suffer from rent control, as maintenance of such dwellings can be reduced, leading to a decreased housing quality.” Once again, the most recent findings from New York reveal these very same market conditions. Its review of “reported housing problems” found that there are more tenant complaints about rodents, leaks, cracks and heating in rent-stabilized units than in the non-regulated. The numbers are striking: 376,000 reports of rodents in regulated units (39% of all), compared to 240,000 in market-rate units (22% of all). The repair needs of older, rent-regulated buildings can even lead to owners simply abandoning them, as Maggie Brunn, president of Brooklyn’s A&E Real Estate, has said . “When an apartment has been lived in for 20 or 30 years, those limits [on rent increases] don’t even come close to the actual costs of rewiring, plumbing and the basic improvements you’d need to rent an apartment that a family would be proud to call home. That means more and more of those desperately needed low-rent apartments are sitting vacant.” That problem has been exacerbated by 2019 New York state legislation which sharply limits rent increases even for rising costs such major capital repairs. Burgos of the NYAA estimates at least 10,000 of such “ghost apartments” lie vacant — because their owners “aren’t allowed to recoup their costs. Inflation, property taxes, insurance.” As a result, he says, “banks won’t lend to them.” That’s exactly what Brookings has found. “Rent control can also lead to decay of the rental housing stock; landlords may not invest in maintenance because they can’t recoup these investment by raising rents.” “The system,” says Burgos, “is not working either for owners or tenants.” But how could this deeply established system — existing, in one form or other, for more than 50 years — actually be adjusted? The experience of another major world city, Buenos Aires, Argentina, suggests doing so might not bring on the chaos and price-gouging tenant advocates would suggest. Late last year, libertarian-leaning Argentine President Javier Milei simply “scrapped” rent controls, as reported in The Wall Street Journal. The effect, it reported, is that “the Argentine capital is undergoing a rental-market boom. Landlords are rushing to put their properties back on the market, with Buenos Aires rental supplies increasing by over 170%. While rents are still up in nominal terms, many renters are securing better (or at least fairer) deals, with a 40% decline in the real price of rental properties when adjusted for inflation.” Simply scrapping rent control like in Buenos Aires would be far more difficult in regulation-laden New York, of course. But, as Burgos notes, even permitting the de-regulation of vacant units could lead to significant improvement — without affecting current tenants. What he calls “vacancy control” stands in the way of the rent increases owners need to invest simply to comply with building codes and lead abatement laws — rather than leaving units vacant. The city’s Charter Commission could help by reducing property taxes or water rates for regulated units. But even a rapid deregulation might not be that consequential in much of the city. Census survey reports that the typical market-rate rent ($2,000) is not fantastically higher than the typical regulated rent ($1,500). In The Bronx, the typical rent for all units — including non-rent stabilized — is just $1,200. Market rents, in other words, can be close to regulated rents in lower-cost neighborhoods. Combined with a wave of vacant units coming back on the market and new investments, New York might follow (or at least tiptoe) in the footsteps of Buenos Aires. Such a move would not only benefit renters, it would save the city the expenses associated with an agency most metropolises don’t possess, the Rent Stabilization Guidelines Board, whose staff sets rent increase recommendations and monitors compliance. What’s more, property owners — including mom-and-pop landlords who own just a few buildings — would no longer have to incur the red tape headaches of registering their buildings every year — and either mailing or hand-delivering the required forms and fees, to be paid, for each unit, both to the state ($13) and the city ($20). Failing to do so means a $500 fine — per apartment. There have been attempts, led by the owners’ lobby, the Rent Stabilization Association (now part of the New York Housing Association), to upend the price control regime through the courts — without success. Most recently, the US Supreme Court declined a challenge based , in part, on the argument that rent regulation was effectively a legal “taking of an owner’s property, without compensation.” The fact that property owners sought to overturn rent regulation through the courts makes clear how difficult it is to change the system legislatively. But city and state officials should take notice of the changing leadership in Washington. In the first Trump Administration, a White House Executive Council singled out rent control for criticism, writing that it can lead to “restricted supply [which] ends up hurting some of the lower-income renters they are intended to help.” New York City’s budget relies on Washington for $100 billion in revenue, including from the Department of Housing and Urban Development — which could attach strings to that aid, including revisions to rent regulation or calling for it to end. Once back in office, Donald Trump — as he often does — could prove a wild card and deregulate New York City’s housing market. Howard Husock is a senior fellow in domestic policy at the American Enterprise Institute.( MENAFN - ACN NewsWire) Hua medicine Announces Successful U.S. Phase I Results on Its 2nd Generation GKA Candidate SHANGHAI, Nov 30, 2024 - (ACN Newswire) - Hua Medicine (the“Company”, HKEx stock code: 2552) announced today that the Company has successfully completed a Phase I clinical trial on its 2nd generation GKA candidate in U.S. at the 9th China BioMed Innovation and investment conference (CBIIC). The Phase Ia clinical trial of the second-generation GKA (HM-002-1005) was conducted in the United States in 40 subjects with Type 2 diabetes (T2D). This trial was randomized, double-blind, placebo-controlled, single-dose, focusing on safety, tolerability, and pharmacokinetics. The second-generation GKA is a novel molecular entity with optimized physicochemical properties, holding new patents, and serving as the prodrug of dorzagliatin (HMS5552). This study designed for once-daily oral administration. Its aim is to extend the drug's action duration in the body through sustained-release technology, enhance patient compliance, and prolong the stimulation of GLP-1 secretion in the intestines. The Single Ascending Dose (SAD) study demonstrates that HM-002-1005 tablets can be rapidly converted to HMS5552 in the human body, with minimal exposure level of prodrug in both blood and urine. The t1/2 (biological half-life) after a single dose of HM-002-1005 tablets was prolonged compared to dorzagliatin tablets. The Cmax of HMS5552 in plasma after a 184.5mg single dose is comparable to the plasma concentration of HMS5552 after a 75mg single dose of dorzagliatin tablet; likewise, the daily AUC of HMS5552 in plasma after a single dose of HM-002-1005 tablets is comparable to the exposure level of HMS5552 after a 75mg BID dose of dorzagliatin tablets. The research indicates that HM-002-1005 tablets are near-completely converted to HMS5552 in human, and its pharmacokinetic characteristics support for once-daily oral administration. The development of HM-002-1005 tablets not only contributes to enhancing patient medication adherence and effectively control blood glucose levels within 24 hours; meanwhile, it also offers the opportunity to explore the Maximum Tolerated Dose above 150mg daily to achieve better efficacy. The 75 mg BID dose regiment was developed under the concept of Minimum Therapeutic Effective Dose in Chinese T2D patients who suffered from an impairment of insulin secretion and significant reduction of early phase insulin. The different disease characters of T2D with obesity in western patient population would benefit dorzagliatin from its effects on GLP-1 secretion and improvement of insulin sensitivity. With the confirmation that the exposure level of HM-002-1005 tablets at 184.5mg is comparable to dorzagliatin tablets at 75mg (BID), we will further optimize the dosage form followed by a Multiple Ascending Dose (MAD) clinical development of the 2nd generation GKA in China and the United States. Dr. Li CHEN, founder and CEO of Hua Medicine, stated,“Hua Medicine has always been committed to treating Type 2 diabetes at its root cause by restoring patients' ability to autonomously regulate blood glucose levels. Over the course of a decade, the Company has selected dosing and clinical research protocols that are safe and effective for the majority of Chinese diabetes patients, leading to the successful development of GKA and the clinical application of dorzagliatin. Building on this foundation, the Company will undergo a strategic upgrade by further exploring the therapeutic potential of GKA, enriching its product pipeline and seeking partners both domestically and internationally, in order to benefit a broader range of patients, expand into global markets, and effectively establish the brand identity of GKA medications while maximizing the commercial potential of our global first-in-class drugs.” About Hua Medicine Hua Medicine (The“Company”) is an innovative drug development and commercialization company based in Shanghai, China, with companies in the United States and Hong Kong. Hua Medicine focuses on developing novel therapies for patients with unmet medical needs worldwide. Based on global resources, Hua Medicine teams up with global high-calibre people to develop breakthrough technologies and products, which contribute to innovation in diabetes care. Hua Medicine's cornerstone product HuaTangNing (Dorzagliatin tablets), targets the glucose sensor glucokinase, restores glucose sensitivity in T2D patients, and stabilizes imbalances in blood glucose levels in patients. HuaTangNing was approved by the National Medical Products Administration (NMPA) of China on September 30th, 2022. It can be used alone or in combination with metformin for adult T2D patients. For patients with chronic kidney disease (CKD), no dose adjustment is required. It is an oral hypoglycemic drug that can be used for patients with Type 2 diabetes with renal function impairment. For more information Hua Medicine Website: Investors E-mail: ... Media E-mail: ... MENAFN30112024002725003249ID1108941842 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.Mike Sielski: The Eagles are great with Jalen Hurts. They showed against the Cowboys they might be good enough without him
Police report reveals assault allegations against Hegseth, Trump's pick for defense secretary
Russian missiles targeted the Ukrainian capital Kyiv at sunrise on Friday, killing at least one person and cutting heating to hundreds of residential buildings in cold temperatures. Moscow said it attacked Ukraine as retaliation for a strike using Western missiles on a chemical plant in Russia earlier in the week. The strikes came as Russia's invasion nears its three-year mark. The air force said it downed all five Iskander missiles Russia launched at the capital, but that debris caused damage in five districts. The strikes killed a 53-year-old man and wounded 11 people, most suffering from shrapnel wounds, the police said. It also cut heating to 630 residential buildings, as well as a dozen of medical clinics and schools. Air force spokesman Yuriy Ignat said Ukraine Patriot air defence systems to shoot down the missiles. Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Design Microsoft Designer Guide: The Ultimate AI Design Tool By - Prince Patni, Software Developer (BI, Data Science) View Program Leadership Business Storytelling Masterclass By - Ameen Haque, Founder of Storywallahs View Program Design Canva Magic Write: Ideas to Stunning Slides in No Time By - Prince Patni, Software Developer (BI, Data Science) View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Entrepreneurship Boosting Startup Revenue with 6 AI-Powered Sales Automation Techniques By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Data Analysis Animated Visualizations with Flourish Studio: Beginner to Pro By - Prince Patni, Software Developer (BI, Data Science) View Program Marketing Digital Marketing Masterclass by Neil Patel By - Neil Patel, Co-Founder and Author at Neil Patel Digital Digital Marketing Guru View Program Entrepreneurship Building Your Winning Startup Team: Key Strategies for Success By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Strategy ESG and Business Sustainability Strategy By - Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought Leader View Program Finance A2Z Of Money By - elearnmarkets, Financial Education by StockEdge View Program Web Development Intermediate Java Mastery: Method, Collections, and Beyond By - Metla Sudha Sekhar, IT Specialist and Developer View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Marketing Modern Marketing Masterclass by Seth Godin By - Seth Godin, Former dot com Business Executive and Best Selling Author View Program Artificial Intelligence(AI) AI for Everyone: Understanding and Applying the Basics on Artificial Intelligence By - Ritesh Vajariya, Generative AI Expert View Program Data Analysis Learn Power BI with Microsoft Fabric: Complete Course By - Prince Patni, Software Developer (BI, Data Science) View Program Finance Financial Literacy for Non-Finance Executives By - CA Raja, Chartered Accountant | Financial Management Educator | Former AVP - Credit, SBI View Program Entrepreneurship Crafting a Powerful Startup Value Proposition By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Soft Skills Cross-Cultural Communication Mastery: Connect with Confidence By - Prince Patni, Software Developer (BI, Data Science) View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Office Productivity Excel Essentials to Expert: Your Complete Guide By - Study At Home, Quality Education Anytime, Anywhere View Program Entrepreneurship From Idea to Product: A Startup Development Guide By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Astrology Vastu Shastra Course By - Sachenkumar Rai, Vastu Shashtri View Program The Ukrainian think tank Defence Express said "all the missiles were successfully intercepted, but in one case, the warhead failed to be destroyed and it exploded near a business centre in the city centre." Six diplomatic missions to Kyiv were damaged on Friday in the Russian missile attack, Ukraine's foreign ministry said. The ministry said that the Albanian, Argentine, North Macedonian, Palestinian, Portuguese and Montenegrin missions were damaged. EU chief Ursula von der Leyen Friday condemned the strike which caused damage to embassies. "Another heinous Russian attack against Kyiv," the European Commission chief posted on X in response. "Putin's disregard for international law reaches new heights." Moscow claimed responsibility for the overnight attack on Ukraine, which came a day after Russian leader Vladimir Putin had threatened to strike Kyiv. "You know that such strikes on Russian territory have been carried out, and you know that the president has said that every time there will be a response," Kremlin spokesman Dmitry Peskov said. The Russian defence ministry said it had targeted an office of the SBU security service and a defence industry site and that "all the targets have been struck". Putin at a press conference on Thursday had suggested a "hi-tech duel" over Kyiv to test his claims that Russia's new hypersonic ballistic missile, dubbed Oreshnik, is impervious to air defences. "Let them set some target to be hit, let's say in Kyiv," he said. "They will concentrate there all their air defences. And we will launch an Oreshnik strike there and see what happens." Zelenskyy hit back by saying: "People are dying and he thinks it's 'interesting'.. Dumbass." Putin's statement was the latest in a series of threats aimed at increasing pressure on the war-torn country, which has faced nearly daily aerial attacks for almost three years. Russian attacks also killed two people in Ukraine's southern city of Kherson Friday. "Today Kherson woke up from numerous strikes of the Russian army. The occupants have created hell in the city," governor Oleksandr Prokudin said. Prokudin also said shelling in Kherson left 60,000 homes without electricity in the Kherson region. (You can now subscribe to our Economic Times WhatsApp channel )China has unveiled its next-generation high-speed train, the CR450 prototype, which has set a new global benchmark by reaching test speeds of 450 km/h. The train surpasses the current CR400 Fuxing trains, which operate at 350 km/h, making it the fastest train in the world, according to state media reports. About the High-speed train The CR450 was developed following extensive research and development that began in 2021, focusing on safety, energy efficiency, and passenger comfort. It features significant advancements, including a streamlined design that reduces energy consumption by over 20% and an optimized braking system to ensure stability and safety at high speeds. Two prototype models, the CR450AF and CR450BF, have been revealed, each featuring an eight-car formation with advanced technologies such as water-cooled permanent magnet traction systems and high-stability bogies. These innovations improve the train’s energy efficiency and performance. According to the China State Railway Group, the CR450 is expected to shorten travel times significantly. For example, the Beijing-Shanghai journey, which currently takes 4.5 hours, could be reduced to just over three hours. Further testing and refinement are underway to ensure the train’s readiness for commercial service, with a launch anticipated as early as next year. In addition to speed and efficiency, the CR450 prioritizes passenger experience with features such as increased cabin space, noise reduction technologies, and adjustable storage for bicycles and wheelchairs. Advanced materials like carbon fiber contribute to its reduced weight and superior energy efficiency, aligning with China’s sustainability goals. The unveiling of the CR450 reinforces China’s position as a global leader in high-speed rail technology. The country currently boasts the world’s largest high-speed rail network, with 47,000 kilometers of operational tracks connecting major cities. While not all routes are profitable, the network has significantly boosted economic and social development. China’s high-speed rail expertise has also been exported globally, with projects in countries like Thailand, Indonesia, and Serbia. ALSO READ: Mysterious Water Flow In Jaisalmer Forces Evacuations As Tubewell Digging In Taragarh VillageBilawal endorses ‘use of force’ against opposition to bring political stability in country
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By Sheila Dang and Krystal Hu (Reuters) - U.S. billionaire businessman Frank McCourt is crafting a fundamental overhaul of TikTok's business model as part of a plan to bid for the Chinese-owned short-form video app, he told Reuters. McCourt, who formerly owned the Los Angeles Dodgers baseball team, said he has received verbal funding commitments totaling $20 billion from a consortium of investors to rescue the app from legal purgatory as it awaits a Supreme Court decision to determine if it will be forced to sell its U.S. operations. His vision for TikTok includes revamping the company's advertising model so that users will have control over the ads and type of content they want to see. Over time, TikTok could earn revenue through ecommerce and licensing data for artificial intelligence training models - with users' consent - which will diminish the business' reliance on ads. "When you give permission for your data to be used and you receive compensation, it's flipping this 180 degrees and giving the user the power," McCourt said this week. The plan faces several hurdles, including TikTok's repeated assertions that it cannot be divested from its owner, Chinese tech firm ByteDance. McCourt said the bid for TikTok would exclude the algorithm that determines the content that users see, in order to reduce complications for ByteDance. The Chinese government in 2020 added content recommendation algorithms to its export-control list, requiring a divestiture or sale of TikTok's algorithm to go through its administrative licensing procedures. TikTok's appeal to the Supreme Court is a last-ditch effort to overturn a law signed by U.S. President Joe Biden that seeks to force a sale over national security concerns, or else the app will be banned on Jan. 19. McCourt said he believes the Supreme Court will uphold the law, after which ByteDance could be open to negotiations. Until then, he is focused on smoothing the path to an acquisition. McCourt said he and his team have had "preliminary conversations" with members of President-elect Donald Trump's incoming administration. Trump tried to ban TikTok in 2020 but has since reversed his view, saying on Dec. 16 that he has "a warm spot in my heart for TikTok." A spokesperson for Trump did not respond to a request for comment. The team is also speaking with potential CEO candidates for the new TikTok, McCourt said. One source familiar with the matter said the team approached V. Pappas, TikTok's former chief operating officer. Pappas did not respond to a request for comment. McCourt declined to name who he is speaking with for the CEO role. The plan for TikTok will also include migrating its technology onto an open-source protocol developed by Project Liberty, an organization founded by McCourt. The protocol would allow users to control their data and easily move it elsewhere on the internet. The plan is influencing the search for a CEO. "This is both a big project to scale the technology that we've built, but it is also a vision for a better internet. We're talking to people who share that vision and have the capacity and skills to do both," McCourt said. (Reporting by Sheila Dang in Austin and Krystal Hu in Toronto, additional reporting by Katie Paul in New York; editing by Kenneth Li and Richard Chang)Kanye West, Bianca Censori make rare appearance amid legal drama Kanye West steps out in Tokyo with Bianca Censori while staying mum on case Kanye West and Bianca Censori made a joint appearance in Tokyo for a night out as the rapper faces harassment accusations. The 47-year-old rapper and his wife appeared in the Japanese capital sporting a white hoodie and pants, paired with black shoes. The Yeezy founder pulled his hood over the head, as he was spotted riding the escalators up towards the Toho Cinemas. Meanwhile, the 29-year-old architecture was seen wearing another one of her signature unitards. Censori donned a sheer white body suit for the outing, paired with white pumps. She pulled her hair back into a sleek bun and completed her look with dark shades. This comes after the Runaway hitmaker has been facing legal accusations by a former employee. Social media personality Lauren Pisciotta sued West for allegedly raping, sexually harassing, and stalking her while she worked for him in 2021-22. Supported by her attorney, she filed the suit in June, right after West left the US. A recent legal document accused him of evading the court proceedings after he has not responded to notices. 'Nutcrackers:' Ben Stiller's shocking experience on set Liam Payne shocking move revealed one month prior to death Prince Andrew makes public return after close call Dwayne Johnson 'cant wait' to reunite with daughters on ChristmasFormer Army soldier Alexander Vindman, a crucial witness in Donald Trump's initial impeachment, may file a lawsuit against Elon Musk after the tech magnate accused him of treason. Eugene Vindman, Alex's twin brother, raised the prospect of a defamation suit after Musk's social media comments. The newly elected congressman from Virginia, Eugene Vindman, denounced Musk's remarks. “If anybody’s on the cusp of having to pay, it’s maybe Elon Musk,” Eugene Vindman said. He said the charges had no factual foundation and were "false and defamatory." Musk’s Accusations and Vindman’s Response Musk said that Alexander Vindman had committed treason and was "on the payroll of Ukrainian oligarchs." Alexander Vindman criticized Musk's behavior, prompting the comments on X, previously Twitter. Vindman had charged Musk of supporting Russian goals by using his business connections and powerful platform. Vindman quickly refuted the claims. He addressed his involvement with a charity group supporting Ukraine in its war with Russia and said he did not accept any money from oligarchs. Musk's claims were deemed unfounded and suggestive of conspiracy theories by him. Vindman’s Role in Trump Impeachment During the Trump-Ukraine crisis in 2019, Alexander Vindman, who was born in Ukraine and subsequently immigrated to the United States, became well-known nationwide. In his testimony against Trump during the impeachment process, he claimed wrongdoing in a phone conversation with the president of Ukraine while serving as the Director for European Affairs at the National Security Council. After supporting his brother during the proceedings, Eugene Vindman, a former military member, entered politics and became the Democrat who won Virginia's 7th Congressional District seat. Concerns Over National Security and Russian Influence Vindman has been outspoken about his worries about Musk's purported impact on American politics and national security. He charged that Musk had been exploited by Russian President Vladimir Putin to foment division in the United States. “Elon Musk has access to state secrets,” Alexander Vindman said in a recent interview. “It’s possible that sensitive information is seeping through.” He described Musk as a potential tool in Russia’s efforts to destabilize American democracy. Get Latest News Live on Times Now along with Breaking News and Top Headlines from US News, World and around the world.The Maharashtra Prisons and Correctional Services Act, 2024, is based on the Model Prisons Bill, 2023, sent by the Centre to the states, Chief Minister Devendra Fadnavis told the House. Nagpur: The Maharashtra legislative assembly here on Friday passed a bill seeking to reform the prison system in the state. The Maharashtra Prisons and Correctional Services Act, 2024, is based on the Model Prisons Bill, 2023, sent by the Centre to the states, Chief Minister Devendra Fadnavis told the House. A high-security prison and detention centre will be set up in Mumbai, while a new prison being built in Pune will be a two-storey facility, he added. A plot of land has been finalised for the new prison in Mumbai, the CM said. As many as 1,600 accused who have got bail continue to stay in prison in the state for the lack of money to pay for bail bond, he informed. The bill provides for categories of prisons such as special prison, open prison for women, temporary prison and open colony. Open prisons and open colonies will help with rehabilitation and reintegration of former jail inmates after their release, Fadnavis said. The bill also provides for the constitution of a `prison and correctional prison force’. A welfare fund for prison staff and another fund for the welfare of prisoners is also an important feature of the legislation, the CM said. It also provides for better segregation of various categories of prisoners and their special needs as women, transgenders, under-trial prisoners, convicts, high-risk prisoners and habitual offenders. The bill also makes provisions for a grievance-redressal mechanism for prisoners, after-care rehabilitation service, and a separate women’s ward in prison hospitals. An undertrial review committee will be set up in every district for periodical review of all undertrial prisoners and to take measures for speedy disposal of cases and make appropriate recommendations to trial courts. Technology including biometrics, closed-circuit television (CCTV), scanning and detection services, Radio Frequency Identification and video conference facilities will be used for effective management and supritendence of prisons and to ensure the safety of inmates, the CM said. The entire prison administration will be computerized, the chief minister said. Congress MLA Nana Patole and Sanjay Kute (BJP) said prison reforms should not lead to a situation where criminals would like to remain in jail. There should be no lavishness, they said. Fadnavis assured that there would be no “five-star facility”, adding that the reforms aim to protect human rights of jail inmates. Kute said social health will be affected if criminals get lavish treatment in jail. Aaditya Thackeray (Shiv Sena UBT) said artificial intelligence should be used to create digital footprint of prisoners so that care can be taken after a prisoner walks out of the jail. Fadnavis said the use of AI for this purpose will take time. Sana Malik (NCP) said the right to health is part of the right to life. Mumbai’s Arthur Road Jail has the capacity to accommodate 804 inmates but some 3,000 prisoners are lodged there, she claimed. Fadnavis conceded that the number of doctors available is small in view of the number of prison inmates. “We will focus on reducing the number of undertrials,” the chief minister said. Click for more latest India news . Also get top headlines and latest news from India and around the world at News9.
PEP GUARDIOLA is losing sleep trying to handle his first crisis at Manchester City. And the Etihad boss says rivals are “taking the p” out of his faltering Prem champions. 2 Man City boss Pep Guardiola has revealed he is struggling to sleep with his team's form Credit: Getty 2 Guardiola believes City's rivals are taking the p*** out of them City visit runaway leaders Liverpool today on the back of a six-game winless run. Defeat would leave them 11 POINTS adrift of Arne Slot’s side. Guardiola confessed: “I don’t like it. I don’t enjoy it at all. “I don’t sleep as good as when I won every game. Read more football news Fan brawl Moment huge brawl breaks out in West Ham vs Arsenal with punches thrown “Maybe it’s more unusual to win four Premier League titles in a row. In that moment I was stable enough, I was happy because I eat better and sleep better.” Guardiola, 53, confessed scratches on his head and a cut nose were self- inflicted after he watched City blow a 3-0 lead in 14 minutes in Tuesday’s Champions League draw at home to Feyenoord. That followed five defeats in all competitions — the Catalan’s worst run of his managerial career. And he accepts his rivals are LOVING seeing City struggle. Most read in Football MONEY TALKS Ex-Rangers star yielding 'several concrete enquiries' from Premier League clubs IN THE HAT Full list of teams in Scottish Cup fourth round draw as Prem big guns enter SOLD FIRM Scott Brown's stunning new £2m mansion used to belong to Rangers supremo FAB FINISH Rangers loan flop scores stunner as he and unsung Scotland star take down Barca Five Man City disasters that led to Pep Guardiola scratching his OWN face before 'self-harm' apology Guardiola said: “As is normal in sport, they take the p and they laugh at your defeats. “At least there’s respect. There’s no violence and this kind of stuff. It is part of how nice football is that people can laugh at you when it’s not going well. FOOTBALL FREE BETS AND SIGN UP DEALS “But this shall pass — I don’t know when but nothing is eternal, not even our lives. “When I face this situation with my heart this is normal but maybe not in these six games.” Guardiola says he is making his players “suffer” to pull City out of their dive — and revealed he wants to build another great squad. One of the reasons he signed a new two-year deal last month was to put that plan into action. Guardiola added: “At the right moment, the club — myself first — will take the decisions we have to take to maintain the club for many years to come. “I want to be here. I asked to be here to try it.”CAPE CANAVERAL, Fla. — NASA's two stuck astronauts just got their space mission extended again. That means they won't be back on Earth until spring — 10 months after rocketing into orbit on Boeing's Starliner capsule. NASA announced the latest delay in Butch Wilmore and Suni Williams' homecoming Tuesday. The two test pilots planned to be away just a week or so when they blasted off June 5 on Boeing's first astronaut flight to the International Space Station. Their mission grew from eight days to eight months after NASA decided to send the company's problem-plagued Starliner capsule back empty in September. FILE - This image made from a NASA live stream shows NASA astronauts Suni Williams and Butch Wilmore during a press conference from the International Space Station on Friday, Sept. 13, 2024. (NASA via AP, File) Now the pair won't return until the end of March or even April because of a delay in launching their replacements, according to NASA. A fresh crew needs to launch before Wilmore and Williams can return and the next mission was bumped more than a month, according to the space agency. NASA's next crew of four was supposed to launch in February, followed by Wilmore and Williams' return home by the end of that month alongside two other astronauts. But SpaceX needs more time to prepare the new capsule for liftoff. That launch is now scheduled for no earlier than late March. NASA said it considered using a different SpaceX capsule to fly up the replacement crew in order to keep the flights on schedule. However, it decided the best option was to wait for the new capsule to transport the next crew. NASA prefers to have overlapping crews at the space station for a smoother transition, according to officials. Most space station missions last six months, with a few reaching a full year. A SpaceX Falcon 9 rocket, with a crew of two astronauts, lifts off from launch pad 40 at the Cape Canaveral Space Force Station in Cape Canaveral, Fla., Saturday, Sept. 28, 2024. (AP Photo/Chris O'Meara) A SpaceX Falcon 9 rocket, with a crew of two astronauts, lifts off from launch pad 40 at the Cape Canaveral Space Force Station Saturday, Sept. 28, 2024, in Cape Canaveral, Fla. (AP Photo/Chris O'Meara) NASA astronaut Nick Hague, left, and Roscosmos cosmonaut Aleksandr Gorbunov, left, gives a thumbs up as they leave the Operations and Checkout Building on their way to Launch Complex 40 for a mission to the International Space Station Saturday, Sept. 28, 2024 at Cape Canaveral, Fla., (AP Photo/John Raoux) NASA astronaut Nick Hague, right, and Roscosmos cosmonaut Aleksandr Gorbunov leave the Operations and Checkout building for a trip to the launch pad 40 Saturday, Sept. 28, 2024, at the Kennedy Space Center in Cape Canaveral, Fla. (AP Photo/Chris O'Meara) NASA astronaut Nick Hague, right, talks to his family members as Roscosmos cosmonaut Aleksandr Gorbunov looks on after leaving the Operations and Checkout building for a trip to the launch pad 40 Saturday, Sept. 28, 2024, at the Kennedy Space Center in Cape Canaveral, Fla. Two astronauts are beginning a mission to the International Space Station. (AP Photo/Chris O'Meara) In this image from video provided by NASA, Roscosmos cosmonaut Aleksandr Gorbunov, left, and astronaut Nick Hague travel inside a SpaceX capsule en route to the International Space Station after launching from the Kennedy Space Center in Cape Canaveral, Fla., Saturday, Sept. 28, 2024. (NASA via AP) A SpaceX Falcon 9 rocket, with a crew of two astronauts, lifts off from launch pad 40 at the Cape Canaveral Space Force Station Saturday, Sept. 28, 2024, in Cape Canaveral, Fla. (AP Photo/Chris O'Meara) A SpaceX Falcon 9 rocket, with a crew of two astronauts, lifts off from launch pad 40 at the Cape Canaveral Space Force Station in Cape Canaveral, Fla., Saturday, Sept. 28, 2024. (AP Photo/Chris O'Meara) A SpaceX Falcon 9 rocket with a crew of two lifts off from launch pad 40 at the Cape Canaveral Space Force Station Saturday, Sept. 28, 2024 at Cape Canaveral, Fla. (AP Photo/John Raoux) The Falcon 9's first stage booster returns to Landing Zone 1 at the Cape Canaveral Space Force Station Saturday, Sept. 28, 2024 at Cape Canaveral, Fla. (AP Photo/John Raoux) A SpaceX Falcon 9 rocket with a crew of two lifts off from launch pad 40 at the Cape Canaveral Space Force Station Saturday, Sept. 28, 2024 at Cape Canaveral, Fla. (AP Photo/John Raoux) Get local news delivered to your inbox!
When Inter Miami were dumped out of Major League Soccer's playoffs in the first round, their former Spain international full-back Jordi Alba questioned the fairness of the post-season format. Miami had topped the Eastern Conference and the overall regular season standings with a record points tally a performance which earned them the 'Supporters' Shield'. But there would be no title battle against the best in the West for Lionel Messi and Company after they contrived to lose two matches in their best-of-three series against an Atlanta United team which finished ninth in the East and 20th in the overall standings. "I think this format is a bit unfair. It has been done for many years but I think it should be the champion of one conference against the champion of the other, to make it as fair as possible," Alba said. Alba's comments prompted much debate among MLS fans and plenty of accusations of sour grapes but they did serve to highlight that this year's playoffs, if not MLS's playoffs in general, would certainly not be a battle of the best versus best. Defending champions Columbus Crew, who finished second in the Supporters' Shield race, were also eliminated in the first round, adding to the sense that the knockout phase of the season is very much a competition of its own. So on Saturday, after the international break disrupted the flow of the post-season, the Conference semi-finals, will see a "Hudson River Derby" between two New York teams who couldn't finish in the top 10 in the regular season. New York City, Manchester City's sister club, have home-field advantage after finishing in 13th spot while the New York Red Bulls travel from New Jersey, having ended up in 16th place. The 'home field' isn't actually NYCFC's usual home of Yankee Stadium, which is being used for a college football game, but Citi Field, home of New York's other baseball club, the Mets. Later on Saturday, in the Western Conference, 2022 MLS Cup winners and last year's beaten finalists, Los Angeles FC, are at home to the Seattle Sounders. That fixture feels much more like the kind of playoff game that was expected -- LAFC finished top of the West while Seattle were fourth. LAFC faces the Sounders for the fourth time in an elimination match over the last 13 months, having defeated Seattle in the 2023 Western Conference semifinals, the 2024 Leagues Cup quarterfinal and the 2024 US Open Cup semifinal. Each of those matches was hosted by Seattle. LAFC, with former France stars in goalkeeper Hugo Lloris and striker Olivier Giroud, enter the encounter unbeaten in their last 10 meetings with the Sounders, with their last loss to Seattle coming in a 2-0 defeat in 2021. On Sunday, surprise package Atlanta, with their 40-year-old goalkeeper Brad Guzan having impressed so many with his heroics against Miami, will return to Florida to take on Orlando City, who finished fourth in the East. Atlanta won at Orlando on the last day of the regular campaign, a victory that allowed them to sneak into the wildcard round but which also completed a home and away double for the Georgia side. "Obviously, in Major League Soccer, anything can happen," said Orlando coach Oscar Pareja. "Our responsibility is to play one game at a time. This one, we're going to be ready for sure," he added. The weekend rounds off with Los Angeles Galaxy hosting Minnesota United who, under former Manchester United assistant coach Eric Ramsay, came through a best-of-three series against higher-ranked Real Salt Lake. The Galaxy start as favourites but, as this season has shown in abundance, that counts for little. "We know they are a top team at this level with top individual players who are very difficult to beat at home but...I feel that if we are a good version of what we have been over the last 10-12 games... I certainly won't be painting it as a one sided game," said Ramsay. sev/jsiOS 18.2: Everything You Can Do With ChatGPT Integration"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" Thanks for your interest in Kalkine Media's content! To continue reading, please log in to your account or create your free account with us.
Executives from Fleet, Jumpcloud, Kandji and Jamf and shared their views about the year ahead. Apple has had a busy year in enterprise tech. Apple Intelligence, spatial computing, the war to protect the user experience against excessive regulation, security, privacy and continued improvements to Apple Silicon and valuable OS improvements for enterprise deployment have occupied much of its time. With this in mind, it’s a good time to speak with Apple device management and security leaders from Jamf, Kandji, Jumpcloud, and Fleet to find out what mattered most in 2024, and what they expect in 2025. Fleet: Crowdstrike was important — to Apple I spoke with Fleet CEO Mike McNeil. Fleet is an open-source MDM provider that now supports iPhones, iPads, Macs, Windows, and Linux devices. In 2024, what were the three most important Apple-related moments for enterprise users? “One of the most significant Apple-related events occurred despite not directly affecting Apple itself. This was the CrowdStrike out(r)age.” “Apple’s ongoing innovation with VisionOS not only challenges businesses to think creatively and find innovative ways to work but also enhances accessibility in the workforce. “Apple’s first release of AI capabilities, allowing users to access them without privacy violations or security issues, is a pretty significant milestone. It’s like the promise of Siri is finally coming true.” Looking ahead to 2025, what do you expect will be the biggest concern(s)/challenge(s) for Apple in the enterprise? “As more organizations enroll more personal devices and BYOD programs, the attack surface for adversaries expands significantly — meaning, if you manage to pop one employee’s phone, you can now access whatever they could on their phone,” McNeil said. “Consequently, people who manage devices need to invest more in preventing both traditional malware-based attacks and sophisticated social engineering tactics.” What do you think enterprise users most need from Apple that it does not yet provide? “A comprehensive and robust declarative management framework that enables devices to maintain a known good state irrespective of their network connectivity or environmental conditions. “Apple would be very well served by investing more in getting people to adopt existing features rather than adding more product managers and names for slight variations of the same things.” How do you see the future of Apple in business across the next 12 months? “Apple is such an amazing company. We are only going to see more and more Macs in the enterprise this year, as user choice programs and Bring Your Own Device (BYOD) programs evolve and become the standard practice rather than an exception. With Managed Apple IDs catching on, we’ll see more secondary computing devices like Apple Watch and Apple Vision Pro in enterprise environments. Jumpcloud: Identity, security, and AI I got the following thoughts from Joel Rennich, senior vice president for product management at Jumpcloud . The company earlier this year published survey data that shows a big switch in favor of using Apple devices in the enterprise . They expect this to continue. In 2024, what were the three most important Apple-related moments for enterprise users? “The introduction of Apple Intelligence — not so much in the sense that it will change the world, although it might, but more so in how it’s challenging Enterprise IT departments on how to respond to a new way of doing AI. With Apple’s use of on-device and Private Cloud Compute processing, a new dimension has been added to thinking about how to engage with AI with sensitive data. “Changes to how Managed Apple Accounts, formerly known as Managed Apple IDs, are created and used. Beyond a name change, MAAs have become a lot more functional to the point where most enterprises should be able to start using them. With the introduction of OpenID Connect Federation (OIDC) and System for Cross-Domain Identity Management (SCIM) flows to Apple Business Manager — and giving organizations a lot more control over how MAAs are created in the first place — I expect adoption of Apple accounts to go up significantly. There’s still more work to be done, and organizations will still get annoyed by some of Apple’s insistence on being Apple, but most IT departments will be able to make good use of the changes today. “While this one isn’t entirely of Apple’s making, they are certainly championing the use of passkeys across the board. The speed at which passkeys have taken over OTP and push as MFA or as full on authentication has been astonishing. If you’ve never used a passkey on your iPhone to sign in to a website on your PC, you should run, not walk, to experience that. It’s a simple thing, using a QR code with some Bluetooth help, but the security underlying all of this and the general ease of use of the process is astounding.” Looking ahead to 2025, what do you expect will be the biggest concern(s)/challenge(s) for Apple in the enterprise? “While there are a number of global threats and other issues that impact Apple as much as other vendors, the biggest challenge for Apple in the enterprise is Apple itself. This is the same as it has been since Apple started making inroads into enterprise with the original iPhone. The aspects that make Apple great in the consumer space are many times inherently at odds with what enterprises are looking for, and in most cases Apple refuses to compromise on aspects like user privacy and experience. “I don’t expect Apple to change much here. As it continues to expand its enterprise offering, customers will consistently ask for...even more controls and abilities to take away from the experience end users expect from Apple products.” What do you think enterprise users most need from Apple that it does not yet provide? “Apple has made real strides with their Platform SSO functionality. However, it still doesn’t do the most basic function that enterprises are asking for, which is the automatic creation of the first new user on the system. Instead, customers still have to cobble together a combination of a number solutions to achieve this. It’s clear that Apple was intending PSSO for a different set of problems — the establishment of a SSO session from a user login — but customers still need this functionality.” “[Users also need] a consistent method to enforce system updates. Apple keeps almost getting this right, but then missing something important. While Declarative Device Management can help, there’s still a lot of consistency in the process that’s lacking. This is a serious miss for Apple as they control the entire chain here.” How do you see the future of Apple in business across the next 12 months? “Apple will do fine. With the recent refresh of almost their entire hardware lineup to the M4 and consistent improvements to the software, Apple will continue to grow incrementally in the enterprise space. Mobile will still be the biggest reason that enterprises need to ensure they understand what Apple is doing, but solving for mobile pretty much ensures a good experience for any Mac users. “Apple devices will continue to be at the upper end of the hardware quality spectrum and the MacBook Air will become even more attractive with the M4 chip and the price points staying low. The Apple Vision Pro won’t break out into the mainstream in 2025, but Apple will continue to refine, and some developers will continue to work with it as they look for a compelling reason to make VR/AR more commonplace.” Kandji: Device management, spatial computing, and AI Weldon Dodd, senior vice president of global partnerships at Kandji made four substantial predictions for the coming year, supplementing his expectations around enterprise deployment of Apple-supporting AI from earlier in 2024. Hybrid work will drive innovation in device management : “The hybrid work model will hit a tipping point, as employers push for more in-office presence while employees increasingly demand flexibility. This growing divide will catalyze innovation in device management. Many companies have already invested in streamlining onboarding and remote support, but now the challenge will be adapting those systems to also serve in-office environments. The key will be prioritizing automation and efficiency, which reduces the need for manual fixes and enhances the user experience across all work settings. As businesses navigate this tension, the future of device management will focus on creating seamless and flexible solutions that balance both employee autonomy and the need for in-person collaboration.” Spatial computing becomes (more) mainstream : “Apple Vision Pro will continue to evolve in 2025, becoming the more accessible productivity-focused tool that Apple has always wanted. Apple is expected to make the device more affordable, widening its appeal to consumers, while also maintaining its strength in workspaces — especially with the recent software updates that allow for ultra-wide displays and seamless Mac integration. “This shift could change how consumers interact with their devices, bringing spatial computing closer to the mainstream. In addition, rumors of a new Siri-powered ‘kitchen device’ suggest Apple aspires to make daily life even more convenient with smart, hands-free solutions that leverage the growing capabilities of Apple Intelligence. Together, these innovations will drive deeper integration of Apple’s ecosystem across both personal and professional spaces.” Businesses will use proprietary LLMs and RAG to unlock their own data : “We are going to see a big shift as businesses start using Retrieval-Augmented Generation (RAG) and LLMs with their corporate data. Rather than relying solely on third-party models like OpenAI, companies will begin asking these models more specific questions about their business, such as, ‘Is there anomalous behavior happening on this device we manage,’ or ‘What does this data tell me about our device management security?’ “By connecting LLMs with internal data, businesses will be able to get answers that aren’t just based on general world knowledge, but are much more tailored to their needs. As companies make this move, they’ll also need to pay close attention to data governance and privacy, especially as regulations like GDPR implement stricter guidelines regarding the handling of customer data. If done right, this approach could unlock valuable insights, but businesses must balance the power of AI with well-established data practices to keep afloat.” Apple’s M4 Chip will enable on-device AI : “Apple’s M4 chip will make on-device AI the new standard, enabling more AI processing to happen directly on devices rather than relying on the cloud. For consumers, this shift means faster, more personalized experiences with greater privacy. This is because less data will need to be shared or stored remotely. For businesses, the impact could be substantial, particularly related to Apple-managed accounts, making it easier to deliver tailored services. “And for the business user that requires top level speed and performance — think video editing, software deployment or AI development using LLMs — the M4 is going to be untouchable by the competition.” What Jamf sees coming... A veteran of the Apple device management space, Jamf also focused on AI and the part it will play in the coming year. The company recently introduced a host of new tools for Apple device management and deployment. “With generative AI quickly becoming a pervasive fixture in the technology landscape, businesses are reacting with catch-all policies to restrict usage and control how sensitive information and intellectual property flows outside the organization’s data protection boundary,” said Michael Covington, vice president of portfolio strategy. “For many, this means blanket policies forbidding the use of AI until reviewed by an oversight board. “While oversight is good, it can significantly delay the adoption of useful tools if the process is not streamlined to allow for timely decision-making. The recent release of Apple Intelligence serves as a good case study on how ‘AI’ keywords can trigger restrictive business policies, despite an implementation that keeps private data on-device and includes controls to govern the use of third-party AI models. “In order to enable business leaders to more effectively cope with the onslaught of ‘AI-enabled’ tools — and to minimize an oversight bottleneck — the industry will need to develop a set of foundational rubrics to guide in more timely assessments of AI technologies. As a result, I predict we will see a renewed focus on data classification labels, a better understanding of AI processing locations, and a demand for confidentiality assertions from vendors as private data traverses their infrastructure. “As the industry transitions to an application-driven phase of AI, it is imperative that organizations be equipped to make thoughtful and timely decisions about how the technology can be used responsibly to drive business objectives.” “As genAI becomes demystified, the true effectiveness and value of solutions for enterprises will become clearer,” said Jamf CIO Linh Lam. “(Many) companies quickly entered the genAI market over the past year or two. It’s a crowded space that can easily overwhelm even leaders of technology companies who are looking to select the right genAI solution for their businesses. In 2025, while the hype cycle will continue to evolve, we’ll see the more effective solutions surface and more customers focusing on solutions that bring the most real value to their businesses. “As with any ‘hot new tech’ on the block, the buzz around this latest emerging technology will start to calm, and we’ll start to see genAI mature. We’ll start to see what value these tools can provide for businesses, and which perform better than the others. It’s going to be a year of cutting through the noise, and those who can break through that will be the companies that stick around for years to come.” You can follow me on social media! Join me on BlueSky , LinkedIn , Mastodon , and MeWe .BARCELONA, Spain -- Tens of thousands of Spaniards marched in downtown Barcelona on Saturday to protest the skyrocketing cost of renting an apartment in the popular tourist destination. Protesters cut off traffic on main avenues in the city center, holding up homemade signs in Spanish reading “Fewer apartments for investing and more homes for living" and “The people without homes uphold their rights.” The lack of affordable housing has become one of the leading concerns for the southern European Union country, mirroring the housing crunch across many parts of the world, including the United States . Organizers said that over 170,000 had turned out, while Barcelona’s police said they estimated some 22,000 marched. Either way, the throngs of people clogging the streets recalled the massive separatist rallies at the height of the previous decade’s Catalan independence movement. Now, social concerns led by housing have displaced political crusades. That is because the average rent for Spain has doubled in last 10 years. The price per square meter has risen from 7.2 euros ($7.5) in 2014 to 13 euros this year, according to the popular online real estate website Idealista. The growth is even more acute in cities like Barcelona and Madrid. Incomes meanwhile have failed to keep up, especially for younger people in a country with chronically high unemployment. Protester Samuel Saintot said he is “frustrated and scared” after being told by the owners of the apartment he has rented for the past 15 years in Barcelona’s city center that he must vacate the premises. He suspects that the owners want him out so they can renovate it and boost the price. “Even looking in a 20- or 30-kilometer radius outside town, I can’t even find anything within the price range I can afford,” he told The Associated Press. “And I consider myself a very fortunate person, because I earn a decent salary. And even in my case, I may be forced to leave town.” A report by the Bank of Spain indicates that nearly 40% of Spaniards who rent dedicate an average of 40% of their income to paying rents and utilities, compared to the European Union average of 27% of renters who do so. “We are talking about a housing emergency. It means people having many difficulties both in accessing and staying in their homes,” said Ignasi Martí, professor for Esade business school and head of its Dignified Housing Observatory. The rise in rents is causing significant pain in Spain, where traditionally people seek to own their homes. Rental prices have also been driven up by short-term renters including tourists. Many migrants to Spain are also disproportionately hit by the high rents because they often do not have enough savings. Spain is near the bottom end of OECD countries with under 2% of all housing available being public housing for rent. The OECD average is 7%. Spain is far behind France, with 14%, Britain with 16%, and the Netherlands with 34%. “I think it’s impossible to make prices fall to what they were a few years back. It makes me cry,” said protester Laia Pizjuán. “It's so upsetting. I know so many people who are in a bad situation. I have relatives living together in crowded apartments because they can’t afford to live on their own.” Carme Arcarazo, spokesperson for Barcelona’s Tenants Union which helped organize the protest, said that renters should consider a “rent strike” and cease paying their monthly rents in a mass protest movement. “I think we the tenants have understood that this depends on us. That we can’t keep asking and making demands to the authorities and waiting for an answer. We must take the reins of the situation,” Arcarazo told the AP. “So, if they (the owners) won’t lower the rent, then we will force them to do it." The Barcelona protest came a month after tens of thousands rallied against high rents in Madrid. The rising discontent over housing is putting pressure on Spain’s governing Socialist party, which leads a coalition on the national level and is in charge of Catalonia’s regional government and Barcelona’s city hall. Spanish Prime Minister Pedro Sánchez presided over what the government termed a “housing summit” including government officials and real estate developers last month. But the Barcelona’s Tenants Union boycotted the event, saying it was like calling a summit for curing cancer and inviting tobacco companies to participate. The leading government measure has been a rent cap mechanism that the central government has offered to regional authorities based on a price index established by the housing ministry. Rent controls can be applied to areas deemed to be “highly stressed” by high rental prices. Catalonia was the first region to apply those caps, which are in place in downtown Barcelona. Many locals blame the million of tourists who visit Barcelona, and the rest of Spain, each year for the high prices. Barcelona’s town hall has pledged to completely eliminate the city’s 10,000 so called “tourist apartments,” or dwellings with permits for short-term rents, by 2028."Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" To keep reading, please log in to your account, create a free account, or simply fill out the form below.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume NVDA CALL SWEEP BULLISH 12/20/24 $135.00 $39.0K 126.0K 193.7K AAPL CALL SWEEP BULLISH 12/20/24 $252.50 $26.8K 51.3K 64.2K PLTR CALL TRADE NEUTRAL 12/20/24 $75.00 $276.2K 26.3K 35.1K AMD CALL SWEEP BULLISH 01/17/25 $130.00 $27.9K 25.3K 5.6K MSFT PUT TRADE BULLISH 08/15/25 $430.00 $65.7K 377 5.1K AVGO CALL SWEEP BEARISH 02/21/25 $290.00 $43.4K 2.0K 2.5K MU PUT SWEEP BEARISH 01/17/25 $65.00 $25.4K 14.0K 2.0K MSTR CALL TRADE BULLISH 01/17/25 $365.00 $332.5K 563 836 ANET CALL SWEEP BULLISH 03/21/25 $150.00 $34.9K 212 616 DELL PUT TRADE NEUTRAL 01/16/26 $105.00 $807.0K 1.5K 601 Explanation These itemized elaborations have been created using the accompanying table. • For NVDA NVDA , we notice a call option sweep that happens to be bullish , is expiring today. Parties traded 674 contract(s) at a $135.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $39.0K , with a price of $58.0 per contract. There were 126041 open contracts at this strike prior to today, and today 193782 contract(s) were bought and sold. • For AAPL AAPL , we notice a call option sweep that happens to be bullish , is expiring today. Parties traded 200 contract(s) at a $252.50 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.8K , with a price of $134.0 per contract. There were 51345 open contracts at this strike prior to today, and today 64253 contract(s) were bought and sold. • For PLTR PLTR , we notice a call option trade that happens to be neutral , is expiring today. Parties traded 850 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $276.2K , with a price of $325.0 per contract. There were 26362 open contracts at this strike prior to today, and today 35154 contract(s) were bought and sold. • For AMD AMD , we notice a call option sweep that happens to be bullish , expiring in 28 day(s) on January 17, 2025 . This event was a transfer of 99 contract(s) at a $130.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K , with a price of $282.0 per contract. There were 25310 open contracts at this strike prior to today, and today 5644 contract(s) were bought and sold. • For MSFT MSFT , we notice a put option trade that happens to be bullish , expiring in 238 day(s) on August 15, 2025 . This event was a transfer of 27 contract(s) at a $430.00 strike. The total cost received by the writing party (or parties) was $65.7K , with a price of $2435.0 per contract. There were 377 open contracts at this strike prior to today, and today 5131 contract(s) were bought and sold. • For AVGO AVGO , we notice a call option sweep that happens to be bearish , expiring in 63 day(s) on February 21, 2025 . This event was a transfer of 180 contract(s) at a $290.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $43.4K , with a price of $241.0 per contract. There were 2010 open contracts at this strike prior to today, and today 2567 contract(s) were bought and sold. • Regarding MU MU , we observe a put option sweep with bearish sentiment. It expires in 28 day(s) on January 17, 2025 . Parties traded 1958 contract(s) at a $65.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $25.4K , with a price of $13.0 per contract. There were 14009 open contracts at this strike prior to today, and today 2066 contract(s) were bought and sold. • For MSTR MSTR , we notice a call option trade that happens to be bullish , expiring in 28 day(s) on January 17, 2025 . This event was a transfer of 100 contract(s) at a $365.00 strike. The total cost received by the writing party (or parties) was $332.5K , with a price of $3325.0 per contract. There were 563 open contracts at this strike prior to today, and today 836 contract(s) were bought and sold. • For ANET ANET , we notice a call option sweep that happens to be bullish , expiring in 91 day(s) on March 21, 2025 . This event was a transfer of 200 contract(s) at a $150.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $34.9K , with a price of $175.0 per contract. There were 212 open contracts at this strike prior to today, and today 616 contract(s) were bought and sold. • Regarding DELL DELL , we observe a put option trade with neutral sentiment. It expires in 392 day(s) on January 16, 2026 . Parties traded 600 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $807.0K , with a price of $1345.0 per contract. There were 1579 open contracts at this strike prior to today, and today 601 contract(s) were bought and sold. Options Alert Terminology - Call Contracts: The right to buy shares as indicated in the contract. - Put Contracts: The right to sell shares as indicated in the contract. - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. - Premium/Option Price: The price of the contract. For more information, visit our Guide to Understanding Options Alerts or read more news on unusual options activity . This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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