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Uncovering the Secrets of Polymarket: The Future of Decentralized Prediction Markets 12-09-2024 09:42 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: ABNewswire Welcome to the cutting-edge world of prediction markets, where platforms like Polymarket are changing the game for investors and speculators. Prediction markets allow users to bet on real-world events, providing a fascinating blend of financial forecasting and market speculation. As technology advances, these markets are moving towards decentralization, promising increased transparency and security. Image: https://revbit.net/wp-content/uploads/2024/12/polymarket-1024x640.png Polymarket Overview Polymarket stands as a groundbreaking player in the prediction market scene, offering users a glimpse into the future of decentralized platforms. Its appeal lies in the seamless integration of blockchain technology with traditional prediction methods, making it an attractive option for those interested in financial forecasting and market speculation. With its user-friendly interface, Polymarket opens the door for newcomers to explore the prediction market landscape with ease. At the core of Polymarket's offering is its ability to provide real-time data and community-driven insights. By leveraging the Ethereum network, this prediction platform ensures efficient trading and access to a wide range of markets. Users can speculate on various events, from political outcomes to sports results, all while benefiting from the transparency and security offered by blockchain technology. Polymarket's unique model combines the best of both worlds-traditional prediction markets and cutting-edge cryptocurrency technology. This innovative approach attracts a diverse group of users, from seasoned investors to curious newcomers. The platform's popularity continues to grow as it offers an engaging experience that fosters community involvement and collaboration. The platform's rise in popularity is no accident. Its hybrid model, which blends centralized and decentralized elements, provides a streamlined user experience that sets it apart from fully decentralized competitors. This approach allows for quicker transaction times and broader market access, making Polymarket a strong contender in the ever-evolving prediction market landscape. How Decentralized Prediction Markets Work Decentralized prediction markets have emerged as a revolutionary force, leveraging blockchain technology to transform how users place bets on future events. These markets operate on the principles of transparency and security, providing participants with a trustworthy environment to engage in financial forecasting and speculation. By utilizing blockchain technology, decentralized prediction platforms eliminate the need for intermediaries, reducing fees and enhancing trust among users. In these markets, participants bet on the outcomes of various events, ranging from political elections to sports competitions. By tapping into the wisdom of the crowd, users contribute to a collective intelligence that helps predict event outcomes. This dynamic not only encourages active participation but also incentivizes accurate predictions by rewarding successful participants. One of the key features of decentralized prediction markets is the use of smart contracts and oracles. Smart contracts are self-executing agreements that automatically enforce the terms of a bet, while oracles provide the necessary data to resolve the outcomes of events. Together, they ensure that market resolutions are transparent, secure, and reliable. Decentralization breaks down geographical barriers, allowing users from around the world to participate in these markets. This global reach fosters a diverse and dynamic community, enriching the prediction market space with a wide range of perspectives and insights. As a result, decentralized prediction platforms are becoming an essential tool for investors and speculators seeking to capitalize on market trends. Polymarket vs. Competitors When it comes to prediction markets, Polymarket sets itself apart from competitors like Augur and Gnosis by offering a unique blend of centralized and decentralized elements. While many platforms focus solely on decentralization, Polymarket strikes a balance that enhances speed and efficiency. This hybrid approach ensures a more streamlined user experience, allowing for quicker transactions and broader market access. Competitors such as Augur and Gnosis prioritize full decentralization, which can sometimes limit their speed and efficiency. In contrast, Polymarket's hybrid model allows it to provide a seamless experience that caters to both novice and experienced users. The platform's focus on user engagement and community-driven insights fosters a dynamic atmosphere that encourages active participation. Polymarket's community-driven approach stands out in the prediction market industry. By empowering users to create and participate in events, the platform fosters a sense of ownership and collaboration. This user-centric focus not only differentiates Polymarket from its competitors but also contributes to its growing popularity among prediction market enthusiasts. The hybrid model adopted by Polymarket enables faster transaction times and broader market access, making it an appealing choice for users looking for an efficient trading experience. This approach also allows the platform to maintain a strong presence in the prediction market space, attracting notable investors and gaining recognition as a leader in the industry. Unique Features of Polymarket Polymarket's seamless integration of blockchain technology with traditional prediction markets sets it apart from other platforms. This innovative approach offers users the best of both worlds, allowing them to benefit from the security and transparency of blockchain while enjoying the familiar experience of traditional prediction markets. As a result, Polymarket has become a go-to platform for those seeking a reliable and user-friendly prediction market experience. One of Polymarket's standout features is its diverse range of markets, covering everything from politics to sports. This variety allows users to explore and participate in events that align with their interests and expertise. By offering a wide array of markets, Polymarket caters to a broad audience, attracting both casual and serious investors alike. The platform emphasizes user engagement through community-driven event creation. By allowing users to create and participate in events, Polymarket fosters a sense of ownership and collaboration among its community. This focus on user involvement not only enhances the overall experience but also contributes to the platform's reputation as a dynamic and engaging prediction market. Polymarket's user interface is designed with ease of use in mind, making it accessible to both novices and experts. The platform's intuitive design ensures that users can quickly navigate and participate in events, regardless of their familiarity with prediction markets. This user-friendly approach has played a significant role in Polymarket's success and growing popularity. Impact of Polymarket on the Crypto Community Polymarket has made waves in the crypto community by introducing innovative prediction mechanisms that challenge traditional notions of decentralization. Its hybrid model, which combines centralized and decentralized elements, offers a unique perspective on how prediction markets can operate within the crypto space. This approach has sparked discussions and debates among crypto enthusiasts, highlighting the potential for new and exciting developments in the prediction market space. The platform encourages crypto enthusiasts to participate in speculative markets, providing them with opportunities to explore and invest in various events. By offering a diverse range of markets, Polymarket attracts a wide audience, from seasoned investors to curious newcomers. This inclusivity has contributed to the platform's growing influence within the crypto community. Polymarket's hybrid model challenges traditional notions of decentralization, prompting discussions on the balance between centralization and efficiency. By offering a more streamlined user experience, the platform has demonstrated that there is room for innovation within the prediction market space. This approach has inspired other platforms to consider hybrid models, potentially shaping the future of the industry. The community benefits from increased market liquidity and diverse investment opportunities, thanks to Polymarket's dynamic and collaborative environment. By fostering a sense of community and encouraging active participation, the platform enhances market insights and predictions. This collaborative atmosphere has made Polymarket an influential player in the prediction market space. Risks and Trust in Polymarket Predictions [ https://revbit.net/ ] When engaging with Polymarket, it's crucial to consider the potential risks related to market volatility and prediction accuracy. While the platform offers a secure prediction market experience, users must remain vigilant and informed about market dynamics and prediction strategies. By understanding these risks, participants can make more informed decisions and manage their investments effectively. Trust in Polymarket [ https://revbit.net/ ] predictions is bolstered by the platform's transparent use of blockchain technology. By leveraging the Ethereum network, Polymarket ensures that users can rely on the security and integrity of their transactions. This transparency is a key factor in building trust among users and attracting new participants to the platform. Despite its innovative approach, Polymarket's hybrid nature may raise concerns about centralization and control. While the platform offers a streamlined user experience, some users may question the degree of decentralization and its impact on fairness and autonomy. Addressing these concerns and maintaining transparency is essential for Polymarket to continue building trust and credibility. Educating users on market dynamics and prediction strategies is crucial for managing risks and fostering a secure prediction market environment. By providing resources and support, Polymarket can empower users to make informed decisions and navigate the challenges of prediction markets with confidence. The Future of Decentralized Prediction Markets Decentralized prediction markets are poised for significant growth as advancements in blockchain technology continue to unfold. These markets offer a glimpse into the future of financial forecasting and speculation, providing users with transparent, secure, and efficient platforms to engage with. As technology evolves, the potential for innovation within the prediction market industry is vast and exciting. Polymarket's innovative model may shape the future direction of decentralized prediction markets. By offering a hybrid approach that combines the best of centralized and decentralized elements, Polymarket has demonstrated that there is room for new ideas and developments within the industry. This approach could inspire other platforms to explore hybrid models, leading to further advancements and growth in the prediction market space. The integration of AI and machine learning into prediction markets could enhance prediction accuracy and offer users even more valuable insights. These technologies have the potential to revolutionize how prediction markets operate, providing users with advanced tools to analyze and predict event outcomes. As these technologies become more prevalent, the prediction market industry is likely to experience significant transformation. Regulatory developments will play a crucial role in the evolution of prediction markets. As governments and regulatory bodies continue to explore the implications of blockchain technology, prediction platforms like Polymarket must navigate the challenges and opportunities that arise. By staying informed and adapting to regulatory changes, these platforms can continue to thrive and shape the future of the industry. Polymarket Whales and their Influence Whales on Polymarket, or large-scale investors, can significantly impact market dynamics and outcomes. These influential participants often shape market sentiment through substantial bets, affecting the behavior and decisions of other users. Understanding the role of whales in prediction markets is essential for making informed predictions and investment decisions. Polymarket provides tools for analyzing whale activity, offering insights to smaller investors looking to navigate the prediction market landscape. By understanding whale behavior, participants can gain valuable insights into market trends and make more informed decisions. This knowledge can be a powerful tool for those seeking to maximize their returns and navigate the complexities of prediction markets. The presence of whales highlights the importance of market liquidity and participant diversity in prediction markets. By attracting a diverse range of participants, platforms like Polymarket can ensure a dynamic and engaging prediction market experience. This diversity not only enhances market insights but also fosters a sense of community and collaboration among users. Understanding whale behavior can aid in making informed predictions and investment decisions, providing users with a competitive edge in the prediction market space. By analyzing whale activity and its impact on market dynamics, participants can better navigate the challenges and opportunities that arise in prediction markets. The Role of Polymarket in Shaping the Prediction Market Industry Polymarket plays a crucial role in redefining how prediction markets operate and evolve. Its hybrid approach, which combines centralized and decentralized elements, sets a precedent for future prediction market models. By offering a more streamlined user experience, Polymarket has demonstrated that there is room for innovation and growth within the industry. The platform's [ https://revbit.net/]community-driven focus encourages innovation and user engagement, fostering a dynamic and collaborative environment. By empowering users to create and participate in events, Polymarket has cultivated a sense of ownership and collaboration that enhances the overall prediction market experience. Polymarket's success prompts discussions on the balance between decentralization and efficiency, inspiring further advancements in prediction technology. By challenging traditional notions of decentralization, the platform has opened the door for new ideas and developments within the industry. This approach has the potential to shape the future of prediction markets and influence industry standards. Polymarket continues to influence industry standards, inspiring further advancements in prediction technology. By staying at the forefront of innovation and embracing new ideas, the platform has established itself as a leader in the prediction market space. Its success and influence have set the stage for future developments and growth within the industry. In conclusion, Polymarket's [ https://revbit.net/blog/ ] innovative approach to prediction markets has positioned it as a leader in the industry. By combining traditional prediction methods with cutting-edge blockchain technology, the platform offers users a unique and engaging experience. As the prediction market industry continues to evolve, Polymarket's success and influence will undoubtedly play a significant role in shaping its future. What do you think about the balance [ https://revbit.net/blog/guide/polymarket ] between decentralization and efficiency in prediction markets? Share your thoughts in the comments below! Disclaimer: This release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements. Media Contact Company Name: Revbit Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=uncovering-the-secrets-of-polymarket-the-future-of-decentralized-prediction-markets ] Country: Seychelles Website: https://revbit.net/?utm_source=abnw This release was published on openPR.High Wire Reports Record Q3 2024 Results, Driven by Growth in Overwatch Managed Cybersecurity Business
NoneNEW YORK (AP) — U.S. stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 dipped 0.3%, a day after pulling back from its latest all-time high . They’re the first back-to-back losses for the index in nearly a month, as momentum slows following a big rally that has it on track for one of its best years of the millennium . Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Get the latest need-to-know information delivered to your inbox as it happens. Our flagship newsletter. Get our front page stories each morning as well as the latest updates each afternoon during the week + more in-depth weekend editions on Saturdays & Sundays.
Chief William Commanda Bridge closing for winter as of WednesdayNoneKansas banking commissioner still not sold on Beneficient’s unusual business model
TikTok asked a federal appeals court Monday to bar the Biden administration from enforcing a law that could lead to a ban on the popular platform until the Supreme Court reviews its challenge to the statute. The legal filing was made after a panel of three judges on the same court sided with the government last week and ruled that the law, which requires TikTok’s China-based parent company ByteDance to divest its stakes in the social media company or face a ban, was constitutional. If the law is not overturned, both TikTok and its parent company ByteDance, which is also a plaintiff in the case, claim the popular app will shut down by Jan. 19, 2025. TikTok has more than 170 million American users, the companies say. Attorneys for the two companies wrote that even if a shutdown lasted one month, it would cause TikTok to lose about a third of its daily users in the U.S. It’s not clear if the Supreme Court will take up the case. Attorneys for the two companies asked the appeals court to decide on the request for an enforcement pause by Dec. 16. The Department of Justice said Monday it will oppose the request.Strong economy helps incumbents, right? The University of Chicago disagrees
Opinion editor’s note: Strib Voices publishes letters from readers online and in print each day. To contribute, click here . ••• Andy Brehm’s Nov. 25 column, “Here’s one way we can help heal our divided country” seems to argue that we need to work on bridging our differences on policy when engaging with friends or family who support the opposite party. Before I can sit down with someone I need to understand how their inner conscience and faith led them to support a particular candidate. I grew up in a small rural farming community, and in my family and Catholic teachings I learned respect and honesty and developed a holistic faith born from Catholic teachings that valued the truth and welcomed everyone wherever they are on their journey. I wonder how I would start the conversation if a friend voted for a candidate who was a convicted felon, sexually assaulted women, saw disabled people as comical and a financial drain on our medical system, and ridiculed military veterans who risked their lives for our country. Did my friend deny these accusations or did they accept these extreme character flaws? Why or how could I engage on policy differences without an understanding of where his values reside? If his character or faith values were totally opposite mine then I would ask God to help me find a starting point. Brehm, we do not live in a utopian society, so rebuilding our relationship with others cannot proceed without a serious course correction of our social and faith-based values. Mike Menzel, Edina ••• How ironic that Brehm should be instructing us on the ways to bring us back together when the individual he voted for displays the exact opposite attitude and behavior. Of course, this has been evident now for more than nine years so it is no surprise. The president-elect promises to jail journalists who do their job investigating the government. “Draining the swamp,” as they say. He is intolerant of and denigrates and threatens political opponents. He calls them the “enemy within.” He does not accept accountability for any lack of truthfulness. As for acknowledging his own fallibility, he is definitely not a “fellow truth-seeker.” All he wants are “yes” persons under him. His aim is to gain power and wealth. That is all. He does not care about the Constitution or rule of law and his failure to sign routine agreements for the transition is recent proof of that. He does not agree to be ethically held to account. The president-elect is the exact opposite of the type of person one would ask one’s children to emulate. He is the exact opposite of a leader who can “heal our divided country.” Such a person would be more akin to Franklin Delano Roosevelt. As much as we hold dear our “other-thinking” family and friends, how can we expect the country to really come together with such malicious leadership? Gary Fifield, St. Paul ••• To Brehm I would reply, “If only.” If only political discourse could be just about policy differences. Mature adults can be friends despite these kinds of differences and should be able to discuss them around the Thanksgiving table. Brehm is right to encourage us to humanize our public policy adversaries and not to claim our friend is “morally reprehensible.” However, Republicans today are led by a morally reprehensible individual. He is the king of “demonizing the opposition.” A vote for Trump validates and normalizes morally reprehensible political and personal behavior that no policy prescriptions can justify or excuse. Rolf Thompson, St. Louis Park ••• To Brehm, regarding the opening paragraph of your Nov. 25 opinion piece: This progressive is not “perplexed” by the results of the presidential election. I am horrified and deeply worried about the effect of another four years of a Trump presidency on the women, children and vulnerable minority populations of this nation. Mary G. Alberts, Eden Prairie ••• I applaud Brehm for his thoughtful and well-written article. Brehm and I worked at the same large law firm in Minneapolis years ago, and he was known for his keen intelligence and genuinely friendly personality. He was also known for having premium seats to the Twins. Any chance that I can buy your tickets for a game next year? That would truly be a transaction across party lines. Thanks in advance, Andy. George Eck, Mound Pass the HEARTS act; save lives Every day, 1,000 people in the U.S. experience cardiac arrest outside of a hospital. Only 10% survive. A person can be fine one minute and without a heartbeat the next. It’s critical for people nearby to take immediate action by calling 911, starting CPR and using an automated external defibrillator (AED). Doing this can double or even triple the person’s chance of survival. These actions are especially important in rural Minnesota. During almost three decades as a heart surgeon in Duluth, I’ve seen lifesaving technologies improve my patients’ and community’s health. We’ve had remarkable saves and yet still witness tragedies at schools and extracurriculars where people nearby weren’t prepared to respond. Having a plan in place and knowing what to do can be the difference between life and death. I brought this message to Washington, D.C. in May when I met with lawmakers to encourage them to support federal legislation that would improve the chain of survival in schools. Along with the American Heart Association, cardiac arrest survivors and health care providers, I urged Congress to save lives by passing the HEARTS Act. This bill would provide resources for CPR and AED training and development of school response plans. After a cardiac arrest, the chance of survival drops by 10% for every minute without CPR. Now that the U.S. House has passed the HEARTS Act, we must call upon our senators to act now and provide lifesaving AEDs and CPR training throughout our education system. Every minute counts! Mary Boylan, Duluth Funding transparency needed The front page story on Nov. 25 was appalling ( “Who is watching charter schools?” ). Then, as a former admissions counselor, teacher and public TV executive, I got angry. When did it become automatic that people and organizations in the U.S. could secrete how they spend taxpayers’ funds — my money? No one who receives funds from our government should ever conceal or refuse to reveal to the public how those funds, whether federal or state, are spent. If that openness intrudes on the privacy of some individuals, so be it! I knew when I worked for the state of Minnesota, for the federal government and for a private corporation receiving federal and state grants that our financial records must be complete, accurate and open to public scrutiny. I made sure our bookkeeping and accounting people also knew and that we maintained complete and accurate records. Charter schools that refuse to reveal all records where taxpayer money is involved should not hesitate to reveal them. Transparency will resolve lies and misinformation. Carl Brookins, Roseville ••• Charter schools account for only 8% of the state’s student population, yet according to U.S. News and World Report they make up about 20% of the nation’s top 100 high schools. Where is the Minnesota Star Tribune investigation of our public schools? Once again, Minneapolis Public Schools — despite a massive infusion of money from the state — is projected to be $85 million in the hole for the 2025-26 school year and to reach deficits approaching $100 million in the following four years. In addition, two former St. Paul Public Schools employees — Marie Schrul, former chief financial officer, and Curtis Mahanay, former business systems support manager — have filed a lawsuit against the district claiming they were fired in 2022 for raising concerns about how district leaders were handling finances. Where is the Star Tribune coverage of this lawsuit? [Opinion editor’s note: See “Ousted St. Paul schools finance chief sues district,” Nov. 22.] Charter schools are a tiny part of an education system that needs a complete overhaul by the state Legislature. We are investing billions in education in this state. There needs to be accountability. Jim Piga, Mendota HeightsA court challenge over a Stormont vote on extending post-Brexit trading arrangements for Northern Ireland has been dismissed, and the Assembly debate will go ahead as planned on Tuesday. Ruling on Monday after an emergency hearing at Belfast High Court, judge Mr Justice McAlinden rejected loyalist activist Jamie Bryson’s application for leave for a full judicial review hearing against Northern Ireland Secretary Hilary Benn. The judge said Mr Bryson, who represented himself as a personal litigant, had “very ably argued” his case with “perseverance and cogency”, and had raised some issues of law that caused him “some concern”. However, he found against him on the three grounds of challenge against Mr Benn. Mr Bryson had initially asked the court to grant interim relief in his challenge to prevent Tuesday’s democratic consent motion being heard in the Assembly, pending the hearing of a full judicial review. However, he abandoned that element of his leave application during proceedings on Monday, after the judge made clear he would be “very reluctant” to do anything that would be “trespassing into the realms” of a democratically elected Assembly. Mr Bryson had challenged Mr Benn’s move to initiate the democratic consent process that is required under the UK and EU’s Windsor Framework deal to extend the trading arrangements that apply to Northern Ireland. The previously stated voting intentions of the main parties suggest that Stormont MLAs will vote to continue the measures for another four years when they convene to debate the motion on Tuesday. After the ruling, Mr Bryson told the court he intended to appeal to the Court of Appeal. Any hearing was not expected to come later on Monday. In applying for leave, the activist’s argument was founded on three key grounds. The first was the assertion that Mr Benn failed to make sufficient efforts to ensure Stormont’s leaders undertook a public consultation exercise in Northern Ireland before the consent vote. The second was that the Secretary of State allegedly failed to demonstrate he had paid special regard to protecting Northern Ireland’s place in the UK customs territory in triggering the vote. The third ground centred on law changes introduced by the previous UK government earlier this year, as part of its Safeguarding the Union deal to restore powersharing at Stormont. He claimed that if the amendments achieved their purpose, namely, to safeguard Northern Ireland’s place within the United Kingdom, then it would be unlawful to renew and extend post-Brexit trading arrangements that have created economic barriers between the region and the rest of the UK. In 2023, the UK Supreme Court unanimously ruled that the trading arrangements for Northern Ireland are lawful. The appellants in the case argued that legislation passed at Westminster to give effect to the Brexit Withdrawal Agreement conflicted with the 1800 Acts of Union that formed the United Kingdom, particularly article six of that statute guaranteeing unfettered trade within the UK. The Supreme Court found that while article six of the Acts of Union has been “modified” by the arrangements, that was done with the express will of a sovereign parliament, and so therefore was lawful. Mr Bryson contended that amendments made to the Withdrawal Agreement earlier this year, as part of the Safeguarding the Union measures proposed by the Government to convince the DUP to return to powersharing, purport to reassert and reinforce Northern Ireland’s constitutional status in light of the Supreme Court judgment. He told the court that it was “quite clear” there was “inconsistency” between the different legal provisions. “That inconsistency has to be resolved – there is an arguable case,” he told the judge. However, Dr Tony McGleenan KC, representing the Government, described Mr Bryson’s argument as “hopeless” and “not even arguable”. He said all three limbs of the case had “no prospect of success and serve no utility”. He added: “This is a political argument masquerading as a point of constitutional law and the court should see that for what it is.” After rising to consider the arguments, Justice McAlinden delivered his ruling shortly after 7pm. The judge dismissed the application on the first ground around the lack consultation, noting that such an exercise was not a “mandatory” obligation on Mr Benn. On the second ground, he said there were “very clear” indications that the Secretary of State had paid special regard to the customs territory issues. On the final ground, Justice McAlinden found there was no inconsistency with the recent legislative amendments and the position stated in the Supreme Court judgment. “I don’t think any such inconsistency exists,” he said. He said the amendments were simply a “restatement” of the position as set out by the Supreme Court judgment, and only served to confirm that replacing the Northern Ireland Protocol with the Windsor Framework had not changed the constitutional fact that Article Six of the Acts of Union had been lawfully “modified” by post-Brexit trading arrangements. “It does no more than that,” he said. The framework, and its predecessor the NI Protocol, require checks and customs paperwork on goods moving from Great Britain into Northern Ireland. Under the arrangements, which were designed to ensure no hardening of the Irish land border post-Brexit, Northern Ireland continues to follow many EU trade and customs rules. This has proved highly controversial, with unionists arguing the system threatens Northern Ireland’s place in the United Kingdom. Advocates of the arrangements say they help insulate the region from negative economic consequences of Brexit. A dispute over the so-called Irish Sea border led to the collapse of the Northern Ireland Assembly in 2022, when the DUP withdrew then-first minister Paul Givan from the coalition executive. The impasse lasted two years and ended in January when the Government published its Safeguarding the Union measures. Under the terms of the framework, a Stormont vote must be held on articles five to 10 of the Windsor Framework, which underpin the EU trade laws in force in Northern Ireland, before they expire. The vote must take place before December 17. Based on the numbers in the Assembly, MLAs are expected to back the continuation of the measures for another four years, even though unionists are likely to oppose the move. DUP leader Gavin Robinson has already made clear his party will be voting against continuing the operation of the Windsor Framework. Unlike other votes on contentious issues at Stormont, the motion does not require cross-community support to pass. If it is voted through with a simple majority, the arrangements are extended for four years. In that event, the Government is obliged to hold an independent review of how the framework is working. If it wins cross-community support, which is a majority of unionists and a majority of nationalists, then it is extended for eight years. The chances of it securing such cross-community backing are highly unlikely.Judge denies Musk $56 billion Tesla compensation package
Bills' letdowns on defense, special teams and clock management in loss to Rams are all too familiar
(The Center Square) – Billionaire and advisor to President-elect Donald Trump Elon Musk was denied by a judge this week a $56 billion compensation package for his work as CEO of Tesla, the successful electric automaker that pioneered EV technology in the U.S. The package had been approved by more than 70% of Tesla's board of directors. A Tesla shareholder who owned just nine shares of stock in the company sued to block the 2018 compensation agreement. In addition to blocking the package this week, the judge in the case, Delaware Chancellor Kathaleen McCormick, awarded the plaintiff's attorneys $345 million, which Reuters reported is “one of the largest fee awards ever in securities litigation.” Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Get the latest need-to-know information delivered to your inbox as it happens. Our flagship newsletter. Get our front page stories each morning as well as the latest updates each afternoon during the week + more in-depth weekend editions on Saturdays & Sundays.None
Elephant Robotics Celebrates Innovations And Global Achievements In Robotics For 2024