NonePlayers must be assigned female at birth or have transitioned to female before going through male puberty to compete in LPGA tournaments or the eight USGA championships for females under new gender policies published Wednesday. The policies, which begin in 2025, follow more than a year of study involving medicine, science, sport physiology and gender policy law. The updated policies would rule out eligibility for Hailey Davidson, who missed qualifying for the U.S. Women's Open this year by one shot and came up short in LPGA Q-school. Davidson, who turned 32 on Tuesday, began hormone treatments when she was in her early 20s in 2015 and in 2021 underwent gender-affirming surgery, which was required under the LPGA's previous gender policy. She had won this year on a Florida mini-tour called NXXT Golf until the circuit announced in March that players had to be assigned female at birth. “Can't say I didn't see this coming,” Davidson wrote Wednesday on an Instagram story. “Banned from the Epson and the LPGA. All the silence and people wanting to stay ‘neutral’ thanks for absolutely nothing. This happened because of all your silence.” LPGA commissioner Mollie Marcoux Samaan, who is resigning in January, said the new gender policy "is reflective of an extensive, science-based and inclusive approach." By making it to the second stage of Q-school, Davidson would have had very limited status on the Epson Tour, the pathway to the LPGA. The LPGA and USGA say their policies were geared toward being inclusive of gender identities and expression while striving for equity in competition. The LPGA said its working group of experts advised that the effects of male puberty allowed for competitive advantages in golf compared with players who had not gone through puberty. “Our policy is reflective of an extensive, science-based and inclusive approach,” said LPGA Commissioner Mollie Marcoux Samaan, who announced Monday that she is resigning in January. "The policy represents our continued commitment to ensuring that all feel welcome within our organization, while preserving the fairness and competitive equity of our elite competitions.” Mike Whan, the former LPGA commissioner and now CEO of the USGA, said it developed the updated policy independently and later discovered it was similar to those used by swimming, track and field, and other sports. United States Golf Association CEO Mike Whan said the new policy will prevent anyone from having "a competitive advantage based on their gender." “It starts with competitive fairness as the North star,” Whan said in a telephone interview. “We tried not to get into politics, or state by state or any of that stuff. We just simply said, ‘Where would somebody — at least medically today — where do we believe somebody would have a competitive advantage in the field?’ And we needed to draw a line. “We needed to be able to walk into any women's event and say with confidence that nobody here has a competitive advantage based on their gender. And this policy delivers that.” The “Competitive Fairness Gender Policy” for the USGA takes effect for the 2025 championship season that starts with the U.S. Women's Amateur Four-Ball on May 10-14. Qualifying began late this year, though there were no transgender players who took part. “Will that change in the years to come as medicine changes? Probably,” Whan said. “But I think today this stacks up.” The LPGA “Gender Policy for Competition Eligibility” would apply to the LPGA Tour, Epson Tour, Ladies European Tour and qualifying for the tours. Players assigned male at birth must prove they have not experienced any part of puberty beyond the first stage or after age 12, whichever comes first, and then meet limitation standards for testosterone levels. The LPGA begins its 75th season on Jan. 30 with the Tournament of Champions in Orlando, Florida. Buffalo Bills quarterback Josh Allen, foreground right, dives toward the end zone to score past San Francisco 49ers defensive end Robert Beal Jr. (51) and linebacker Dee Winters during the second half of an NFL football game in Orchard Park, N.Y., Sunday, Dec. 1, 2024. (AP Photo/Adrian Kraus) Houston Rockets guard Jalen Green goes up for a dunk during the second half of an Emirates NBA cup basketball game against the Minnesota Timberwolves, Tuesday, Nov. 26, 2024, in Minneapolis. (AP Photo/Abbie Parr) South Carolina guard Maddy McDaniel (1) drives to the basket against UCLA forward Janiah Barker (0) and center Lauren Betts (51) during the first half of an NCAA college basketball game, Sunday, Nov. 24, 2024, in Los Angeles. (AP Photo/Eric Thayer) Mari Fukada of Japan falls as she competes in the women's Snowboard Big Air qualifying round during the FIS Snowboard & Freeski World Cup 2024 at the Shougang Park in Beijing, Saturday, Nov. 30, 2024. (AP Photo/Andy Wong) LSU punter Peyton Todd (38) kneels in prayer before an NCAA college football game against Oklahoma in Baton Rouge, La., Saturday, Nov. 30, 2024. LSU won 37-17. (AP Photo/Gerald Herbert) South Africa's captain Temba Bavuma misses a catch during the fourth day of the first Test cricket match between South Africa and Sri Lanka, at Kingsmead stadium in Durban, South Africa, Saturday, Nov. 30, 2024. (AP Photo/Themba Hadebe) Philadelphia Eagles running back Saquon Barkley, left, is hit by Baltimore Ravens cornerback Marlon Humphrey, center, as Eagles wide receiver Parris Campbell (80) looks on during a touchdown run by Barkley in the second half of an NFL football game, Sunday, Dec. 1, 2024, in Baltimore. (AP Photo/Stephanie Scarbrough) Los Angeles Kings left wing Warren Foegele, left, trips San Jose Sharks center Macklin Celebrini, center, during the third period of an NHL hockey game Monday, Nov. 25, 2024, in San Jose, Calif. (AP Photo/Godofredo A. Vásquez) Olympiacos' Francisco Ortega, right, challenges for the ball with FCSB's David Miculescu during the Europa League league phase soccer match between FCSB and Olympiacos at the National Arena stadium, in Bucharest, Romania, Thursday, Nov. 28, 2024. (AP Photo/Andreea Alexandru) Seattle Kraken fans react after a goal by center Matty Beniers against the San Jose Sharks was disallowed due to goaltender interference during the third period of an NHL hockey game Saturday, Nov. 30, 2024, in Seattle. The Sharks won 4-2. (AP Photo/Lindsey Wasson) New York Islanders left wing Anders Lee (27), center, fight for the puck with Boston Bruins defensemen Parker Wotherspoon (29), left, and Brandon Carlo (25), right during the second period of an NHL hockey game, Wednesday, Nov. 27, 2024, in Elmont, N.Y. (AP Photo/Julia Demaree Nikhinson) Jiyai Shin of Korea watches her shot on the 10th hole during the final round of the Australian Open golf championship at the Kingston Heath Golf Club in Melbourne, Australia, Sunday, Dec. 1, 2024. (AP Photo/Asanka Brendon Ratnayake) Lara Gut-Behrami, of Switzerland, competes during a women's World Cup giant slalom skiing race, Saturday, Nov. 30, 2024, in Killington, Vt. (AP Photo/Robert F. Bukaty) New York Islanders goaltender Ilya Sorokin cools off during first period of an NHL hockey game against the Boston Bruins, Wednesday, Nov. 27, 2024, in Elmont, N.Y. (AP Photo/Julia Demaree Nikhinson) Brazil's Amanda Gutierres, second right, is congratulated by teammate Yasmin, right, after scoring her team's first goal during a soccer international between Brazil and Australia in Brisbane, Australia, Thursday, Nov. 28, 2024. (AP Photo/Pat Hoelscher) Luiz Henrique of Brazil's Botafogo, right. is fouled by goalkeeper Everson of Brazil's Atletico Mineiro inside the penalty area during a Copa Libertadores final soccer match at Monumental stadium in Buenos Aires, Argentina, Saturday, Nov. 30, 2024. (AP Photo/Natacha Pisarenko) England's Alessia Russo, left, and United States' Naomi Girma challenge for the ball during the International friendly women soccer match between England and United States at Wembley stadium in London, Saturday, Nov. 30, 2024. (AP Photo/Kirsty Wigglesworth) Minnesota Vikings running back Aaron Jones (33) reaches for an incomplete pass ahead of Arizona Cardinals linebacker Mack Wilson Sr. (2) during the second half of an NFL football game Sunday, Dec. 1, 2024, in Minneapolis. (AP Photo/Abbie Parr) Melanie Meillard, center, of Switzerland, competes during the second run in a women's World Cup slalom skiing race, Sunday, Dec. 1, 2024, in Killington, Vt. (AP Photo/Robert F. Bukaty) Sent weekly directly to your inbox!
Elon Musk has surpassed his previous wealth record as his net worth surged to an all-time high on Friday, November 22, 2024 The American billionaire is now worth a staggering $348 billion due to the in Tesla shares The electric car company’s stock rose 42% for the year at Friday’s trading, leaving off its record close of $410 on November 4, 2021 PAY ATTENTION: Got a Minute? Complete Our Quick Survey About Legit.ng Today! Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade. The world’s wealthiest individual, Elon Musk, is now worth a staggering $348 billion, thanks to a surge in Tesla’s shares on Friday, November 22, 2024, and a new funding round, which gave his artificial intelligence startup, xAI, a $50 billion valuation. The new figure surpasses the previous record held by Musk in 2021 when his net worth hit $340 billion. Musk spends $200 million on Trump’s election Data from the Bloomberg Billionaire Index shows that the American billionaire made a whopping $9.2 billion on Friday, November 22, 2024. Read also Dollar crashes for a second time in Official window as traders quote new rates PAY ATTENTION: Legit.ng Needs Your Help! Take our Survey Now and See Improvements at LEGIT.NG Tomorrow The development comes amid a surge in Tesla’s shares since Donald Trump clinched the US Presidency. As investors wagered to the electric vehicle manufacturer, the company's shares closed on Friday, November 352.56. The SpaceX CEO championed Trump on X, and his PAC spent about $200 million to get the former president re-elected. Musk’s new firm hits $50 billion in valuation The electric car company’s stock rose 42% for the year at Friday’s trading, leaving off its record close of $410 on November 4, 2021. Tesla’s market cap has hit $1.1 trillion, making it more valuable than Warren Buffet’s Berkshire Hathaway. According to reports, Musk’s 13% stake in Tesla has surged. The billionaire’s fortune has exceeded Salesforce’s $327 billion, as his net worth is boosted by the recent funding of xAI, which raised $5 billion. Billionaire continues $1 million giveaway to ‘Trump supporters' Legit.ng earlier reported that the world’s wealthiest man and Tesla CEO, Elon Musk, has seen his wealth surge by over $6 billion on the night Donald Trump reclaimed America's presidency. Read also Naira finally recovers against dollar as traders quote new rates in official window The South African-born billionaire saw his wealth rise to $264 billion, placing him above his closest rivals, Jeff Bezos, with $221 billion and Meta CEO Mark Zuckerberg, with $203 billion. Musk's wealth has surged significantly this year, rising by $34.8 billion amid a rise in Tesla shares. PAY ATTENTION : Legit.ng Needs Your Opinion! That's your chance to change your favourite news media. Fill in a short questionnaire Source: Legit.ng
Editor's note: A separate story highlighting each signee can be found online at hjnews.com . Developing high school talent has been a long-standing priority of Utah State interim head football coach Nate Dreiling. After all, Dreiling grew up in the midst of a successful high school program as his father, Randy, is one of the most decorated head coaches in the history of the state of Kansas. In fact, Randy Dreiling recently helped guide St. Thomas Aquinas to a second straight 4A state championship, which was his 10th state title as a head coach. Dreiling and his staff and USU has certainly made recruiting high school talent, especially with the Beehive State, a priority. That was very evident as 12 of the 20 athletes that finalized their commitment to the Logan-based program Wednesday are from the state of Utah. Additionally, all but three of these 20 players are current prep seniors. Wednesday was the first day of the NCAA’s early signing period, which will end Friday. The traditional signing period for the recruiting class of 2025 starts on Feb. 5. “What a fun day for Utah State football and especially the state of Utah,” Dreiling said during his Wednesday press conference. “Our plan going in since July was to make sure we put a fence up around this state and get the top players to make sure they don’t leave home and (instead) they just head to Logan for their college experience, and that’s what this class is going to look like.” Getting 20 athletes to sign on Day 1 of the early period was a noteworthy accomplishment for Dreiling and his staff, inasmuch as nothing is guaranteed for these coaches in the very near future. The Aggies are expected to name a permanent replacement for former head coach Blake Anderson, who was fired in July, within the next few days, and Dreiling and company could soon be out of jobs. Regardless of what the future holds for Dreiling, he is confident Diana Sabau, USU’s athletics director, will help ensure there is a future in Logan for these 20 signees. “I had a great talk with Diana kind of midway through the year because I wanted to make sure these players were getting the right information and making sure that they were covered, regardless of the outcome of this head coaching search,” Dreiling said. “And she agreed that anybody that’s committing to this staff was not necessarily committing to Nate Dreiling, but committing and signing to Utah State. And I wanted to get that point across to players and their families, so they know, worst case scenario, that if we’re not here to develop their sons that they’ll still have a spot here that they’re guaranteed coming to this university.” The Aggies were able to sign seven athletes that had at least two scholarship offers from current Power 4 Conference or former P-5 programs in JUCO linebacker Tymere Burton, plus current high school seniors Eric Harris (cornerback), Paxton Naegle (offensive line/tight end), Tommy “Rock” Olsen (OL), Toby Mealer (OL), Ravian Larry (running back) and Charger Doty (safety). On the flip side, several of these 20 signees were under-the-radar recruits, which is just fine with Dreiling. “I wanted players that are going to play because they have so much pride for this university, as opposed to pissed off that they’re not at Texas or Oklahoma,” Dreiling said. “I think a chip on your shoulder and pride in your mind goes a long ways on the football field and that’s what this class is made of. So, hats off to this coaching staff for being persistent. It’s not easy recruiting when you have an interim tag head coach and the uncertainties behind it, but we did a great job, I feel like, of being transparent with these players and letting them know what’s going to happen here regardless (of who the head coach is). And, either way, if they come here, it’s a special place and a place that’s going to excel.” Of USU’s 17 high school signees, six are offensive linemen and all six played in the Beehive State this past season. Mealer, a former Arizona State commit, moved to Utah prior to his senior season and played for 6A state power Lone Peak. The other five O-linemen are Sam Brousseau (Murray High), Joakim Green (Cooper Hills), Naegle (Corner Canyon), Olsen (Lehi) and Fillmore Fangupo (Skyridge). This is the first year Brousseau, who stands a towering 6-foot-9, has played football. Additionally, Green (6-5, 325 pounds), Olsen (6-6, 300), the great-nephew of former Utah State legends Merlin and Phil Olsen, and Mealer (6-5, 340) will immediately provide the Aggies with considerable size and length. “The state of Utah puts out so many top talent offensive and defensive linemen, so we thought we could pretty much sign our whole O-line high school class in the state and have everyone be about an hour-and-a-half (drive away) from home,” Dreiling said. “So, I think coach (Cooper) Bassett did obviously an unbelievable job of that. It was awesome getting Rock Olsen on board right away. He helped tremendously with the recruiting process, but then the rest of them just kind of kept coming and coming in. (Utah) is a place where you can go get the guys up front, man, and that’s how you build a roster (is) with O-linemen. And if you can develop your high school O-linemen, then you have the ability to be a pretty dang good football team.” Several of the high school seniors that signed Wednesday come from the best programs in Utah. For starters, Corner Canyon has captured five of the last seven 6A state titles and are nationally ranked year in and year out, Lone Peak barely lost to Corner Canyon in the finals and Lehi and Skyridge both made it to the 6A semifinals. The Aggies also inked a pair of players from 5A power Orem. “You not only want to recruit unbelievable talent, you want to recruit talent that has won and has been in systems that knows what it takes to win,” Dreiling said. “... Obviously, they typically put out some talented players, but they also have a mindset and culture that comes with them knowing that they’re playing for more than themselves; they’re not playing for stats, they’re playing for outcomes, they’re playing for victories. And that’s what we need here at Utah State if we’re going to get this place rolling. It can’t just be independent contractors with players coming up here for themselves, but with the bigger picture (in mind).” The Aggies signed twice as many O-linemen Wednesday as any other position. The ’25 class is also composed so far of a trio of linebackers and tight ends, a pair of running backs and defensive tackles, plus one quarterback, safety, cornerback and wide receiver. Two of the linebackers are JUCO products in Burton, who completed his redshirt freshman season at East Mississippi Community College, and true freshman Mataira Brown of Snow College. Brown is from Pleasant Grove. The other linebacker is Orem High’s Ryker Mikkelsen. Burton, who spent his true freshman season at Charlotte, choose the Aggies over several other FBS programs. “Tyreme, in a lot of data bases, was voted as the No. 1 linebacker in the JUCO class this year out of East Mississippi,” Dreiling said. “He is a ball hawk, he’s someone that flies around the field (and) is a very smart football player. As you guys know, we graduated our top two guys (at linebacker) that were injured at the end of the season, but we needed a guy that (could) come in that’s played a lot of ball, but most importantly is extremely tough. “And that’s the one thing we wanted to make sure we hit home on this recruiting class (is) that if they were going to come in here, that means their coaches said they are the toughest kid on the team. If we can get 120 people thinking like that, man, you are going to have success.” The other junior college transfer the Aggies signed is tight end Kache Kaio, who was a freshman this past season at Snow. USU’s other just inked tight ends are Alex Faiivae, who is from American Samoa, and Logan High standout Reed Olsen. Olsen could play any number of positions, Dreiling asserted, after returning from his mission for The Church of Jesus-Christ of Latter-day Saints. Mikkelsen and fellow Orem High star Feleti Longi, a running back, will also serve missions before enrolling at USU. “We signed him and we just put tight end next to him, (but) he could grow into an offensive lineman, he can play D-end, he’s athletic enough to play linebacker,” Dreiling said of Reed Olsen, who also plays baseball and basketball for the Grizzlies. “He’s a guy that you just take and you figure it out down the road. Once he gets into our weight program and a college nutrition system where he’s constantly getting calories in his body, he’s just going to blow up. And the fact that, that guy slides through the crack and comes to Utah State, doesn’t have any bigger offers just goes to show you, man, if you want to put your homework in on your (local) area kids and your in-state kids, you can get some dang good football players that in a year or two are going to be top notch.” In addition to Longi, the other tailback who finalized his commitment with the Aggies was Larry, who has rushed for 3,371 yards and 43 touchdowns during his prep career. USU’s two new defensive tackles are Layton Christian Academy’s Iverson Rapport and the 305-pound Jackson Saterfield, who is from Florida. Dalton Anderson, who is from Washington, is Utah State’s newest signal caller, while Arizona native Nikko Boncore is the newest receiver, Harris, who is from Oklahoma, the newest cornerback and Doty the newest safety. All three JUCO transfer plan on enrolling for the upcoming winter semester, as do prep seniors Harris, Mealer and Naegle.
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SINGAPORE: Private sector economists have revised their outlook for Singapore’s economic growth, forecasting stronger performance in 2025. According to the latest Economic Analyst Survey Report by the Monetary Authority of Singapore (MAS), a group of 20 economists now predicts a year-on-year growth of 3.1% in the fourth quarter of this year and 3.6% for the entire year. This marks an improvement from the 2.6% growth projected in the prior survey. Looking ahead to 2025, the economists estimate a 2.6% growth rate for Singapore’s economy, consistent with earlier expectations. The majority anticipate growth to range between 2.5% and 2.9%. The survey also revealed a downward revision in inflation expectations. For 2024, the overall inflation rate is now projected to be 2.5%, while core inflation is expected at 2.8%, compared to earlier estimates of 2.6% and 2.9%, respectively. These figures are forecasted to decline further in 2025, with overall inflation at 1.9% and core inflation at 1.8%. Economists identified several potential risks to Singapore’s economic outlook. Downside pressures include ongoing geopolitical tensions, such as heightened tariffs, weak growth in China, and rising domestic cost pressures. On the other hand, stronger-than-expected external growth, robust recovery in China, and a sustained improvement in the global technology cycle could present significant upside opportunities. Survey responses also shed light on expectations for monetary policy. Approximately one-third (33%) of analysts anticipate that MAS may ease the slope of the Singapore Dollar Nominal Effective Exchange Rate (S$NEER) early in 2024. This is a slight decrease from previous survey figures. Meanwhile, 38% of respondents continue to expect such a policy adjustment in April 2024.
Pete Hegseth tells senator he won’t drink as he accuses critics of being ‘jealous’Vijayawada MP Kesineni Sivanath alias Chinni met union minister of state for skill development Jayant Chaudhary in New Delhi on Thursday. He submitted a representation to the central minister seeking establishment of specialised skill development centres in Vijayawada to enhance the skills of over one lakh workers in the unorganised automobile sector of the city. The MP stressed that this will help such workers remain in step with the evolving technologies in the automobile sector. He felt that the existing skill development initiatives under the Pradhan Mantri Kaushal Vikas Yojana are insufficient for the region's needs. Chinni pointed out that Vijayawada is home to over one lakh unskilled workers engaged in the automobile industry in Auto Nagar area of the city. He said, “Despite their critical contributions, many of these workers lack formal training in advanced automotive technologies, which is essential to meet industry demands. The establishment of dedicated skill development centres would not only benefit these workers, but also open up new employment opportunities for the youth in the region.” The MP pointed out that notable automobile companies, such as Kia Motors and Ashok Leyland, are expanding their operations in the Vijayawada region. To meet their demand, workers need to be trained in mechanical and electrical systems, including BS6 vehicle diagnostics, fuel injection systems, paint and coating technologies and the latest diagnostic tools for both conventional and electric vehicles. Chinni said following their meeting, Jayant Chaudhary immediately directed officials to submit a report on the MP’s proposal within four days. He expressed his gratitude to the union minister for his swift response.
LAHORE: Chief Minister Punjab Maryam Nawaz Sharif said on Thursday that the overall situation in Punjab is better than other provinces. “No recommendation in any sort of appointment has been made in Punjab. I do not pay heed to anyone on the issue of merit. Every sector is in a state of decline due to lack of accountability,” the CM during a meeting with the participants of the 26th National Security Workshop of the National Defence University. The participants of the National Security Workshop gave the title of “Super CM” to CM Punjab. The CM gave a two-hour briefing on the government’s performance and the participants applauded enthusiastically. The head of the National Security Workshop delegation said “it is a blessing to come to Punjab, where sincerity and effort for the people is clearly visible. By coming to Punjab, we have come from darkness to light.” The Chief Minister while speaking on the occasion said, “The journey of development and prosperity gets affected due to political instability. Unfortunately, the governments are not allowed to function properly. Every work that has a positive impact on the lives of 150 million people is my priority. We want to control smog as soon as possible. Positive effects of government’s measures are coming to light. People lose their lives due to lack of health and treatment facilities. We are all Pakistanis irrespective of our political affiliations. Our aim is to promote patriotism. Inflation is low and foreign exchange reserves are increasing in Pakistan. The stock market has broken all records; IT exports are increasing. With increasing exports, dependence on foreign aid decreases, we will be able to live our lives with pride and dignity.” She said, “Controlling inflation is an uphill task, bringing it down from 38-percent to 7-percent is a mega achievement. We want to serve the people by increasing financial resources. People from all over Pakistan come to Punjab for a better future, employment, jobs and treatment. Mismanagement of resources after 77 years is regrettable. Infrastructure is very important for development. The example of Dubai is in front of us. Low literacy rate in South Asia is shameful. Those embracing martyrdom in other provinces are also Pakistanis. Threats of terrorism prevail, maintaining law and order is our foremost priority.” The CM added, “Rs 45 billion were saved in the road rehabilitation programme through e-tendering and transparency. Rs 800 billion have been saved by not purchasing wheat. The Punjab government will not provide support price but farmers will be given subsidies on agricultural inputs and equipment on Kisan cards. Patients get affected due to the behaviour of doctors and staff in hospitals. After the Sahiwal incident, fire extinguishers were made functional in all hospitals. It is not children of the rich who die by falling into sewers, but children of the poor.” She said, “Change cannot come overnight. Capacity building has not been done as a nation. We need to find a solution to extremism problem. There is a special focus on the protection of minorities. Regardless of religion and sect, protection of every individual is our responsibility. It is highly regrettable to appreciate a child abuser on his release. We apprehend thieves and robbers, but they escape from the courts. No matter how much we spend on health and agriculture, it seems less. Punjab is the only province which gives a surplus budget.” The CM Punjab said, “Air ambulance service was launched to transport patients to big hospitals during golden hour. I decide to initiate a project by talking directly to the common people. Everything looks good while sitting in the office, but the ground realities are different. No patient will be denied admission in the Nawaz Sharif Cancer Hospital worth Rs 16 billion. A special ward will be built for incurable cancer patients. Pakistan’s first Artificial Intelligence University will be built in the Nawaz Sharif IT City. A safe city will be built across Punjab and pink buttons will be installed everywhere.” She added, “Five thousand people have applied for the ‘Punjab Dhee Rani programme’ for mass marriages. Punjab is the first province to implement the ‘Sikh Marriage Act’. I feel pleased to see girls travelling on e-bikes comfortably. Corruption is my red line. The government has sent insulin sellers to jail on selling insulin from public sector worth Rs 250 million. Every child who comes on merit will get a Honhaar scholarship. The Punjab government has started pink bus service to facilitate transportation of female students to schools and colleges. Pakistan’s first government autism school will be built in Lahore.” She said, “Roads are being repaired under Punjab Khushal scheme. 907,172 kilometres of roads are being constructed and expanded. We will make wasteland useful through shrimp farming so as to earn foreign exchange. 27 electric buses will arrive in December. Police and deputy commissioners get commendations for showing meritorious performance. A negative marking is done on receiving complaints. As a woman, at times one has to face character assassination. Women in Punjab are moving forward rapidly in the field of politics, employments and business. Women Commissioners and Deputy Commissioners are more proactive.” She added, “A zero plastic policy has been strictly implemented in all government offices of Punjab. The people of Punjab are my first and foremost priority. The farmers in Punjab have purchased equipment and medicines worth billions of rupees through Kisan Card.” CM Maryam Nawaz Sharif gave answers to the questions of the participants of the NDU workshop. The participants of the delegation comprised members of the National and Provincial Assemblies, Senators and others. Copyright Business Recorder, 2024( MENAFN - Newsfile Corp) Toronto, Ontario--(Newsfile Corp. - December 19, 2024) - Vertiqal Studios Corp. (TSX: VRTS) (OTCQB: VERTF) (FSE: 9PY0) (the "Company" or "Vertiqal Studios") - Vertiqal Studios, North America's largest owner of gaming and lifestyle social media channels, is pleased to announce a collaboration with viral Nation Inc. ("Viral Nation"), a global leader in influencer marketing and technology solutions. The collaboration is set to amplify Vertiqal Studios' growth and further bolster its offerings through strategic acquisitions, revenue-sharing arrangements, and co-production initiatives. Vertiqal Studios Acquires High-Performing Instagram Channels Vertiqal Studios and Viral Nation have entered into an asset purchase agreement (the "APA") dated December 19, 2024 pursuant to which Vertiqal Studios has acquired four high-performing social channels from Viral Nation, adding 1,773,000 followers to Vertiqal's 52,000,000-person audience, 73% of which live in the United States. These channels complement Vertiqal Studios' already robust portfolio of 130+ social media channels across Snapchat, Instagram, and TikTok. This acquisition further cements Vertiqal Studios' status as one of the most dominant strategy, creative, and distribution entities in the digital media landscape, with the addition of these new channels being accretive to the overall value of Vertiqal's content distribution network. Under the APA, Vertiqal Studios acquired ownership of the Instagram channels and all ancillary assets and contracts in exchange for an aggregate consideration of US$150,000 payable as follows: (i) US$50,000 paid in cash on the closing of the acquisition; and (ii) US$100,00 paid through the issuance of 5,737,200 common shares in the capital of the Company at a deemed price of $0.025 per common share at an exchange rate of US$1 ~ C$1.4343. All securities issued in connection with the APA are subject to a four-month plus one day hold period from the date of issuance and resale rules of applicable securities legislation. The APA remains subject to final approval from the Toronto Stock Exchange. Revenue-Sharing Model to Maximize Monetization The APA also establishes a co-selling arrangement featuring a revenue-sharing model, where Vertiqal Studios will receive 70% of the revenue generated, and Viral Nation will receive 30% for media driven by Viral Nation through Vertiqal Studios' owned and operated channel network. This innovative revenue-sharing strategy will enable both companies to streamline media sales operations while maximizing profitability and market reach. By combining their expertise and resources, this collaboration enhances value for both brands and advertisers. Leveraging Viral Nation's Cutting-Edge Technology Viral Nation has agreed to provide Vertiqal Studios a license to its comprehensive suite of technology solutions, aiding them in delivering enhanced media sales strategies and results for their clients. With access to these tools, Vertiqal Studios can implement smarter analytics, improved campaign optimization, and connect more effectively with audiences. This partnership strengthens Vertiqal Studios' position as a leader in creative and innovative marketing solutions. Co-Producing Original Content The two entities will also co-produce original content for distribution across their respective channels and platforms. By combining their creative expertise and leveraging their expansive networks of both channels and creators, Vertiqal Studios and Viral Nation aim to deliver impactful and engaging content that resonates deeply with Gen Z and Millennial audiences. This collaboration is expected to set new benchmarks for quality and innovation in digital storytelling, further broadening both companies' influence in the content creation space. A Key Milestone for Vertiqal Studios This collaboration represents a pivotal moment in Vertiqal Studios' growth trajectory. By acquiring these Instagram channels, integrating advanced technology, and collaborating on original content, Vertiqal Studios is positioning itself as an even more influential force in the social media landscape, with diversity across platforms. The collaboration with Viral Nation solidifies Vertiqal Studios' status as one of North America's largest owners of gaming and lifestyle social media channels. This strategic alliance underscores Vertiqal Studios' commitment to continuous growth and innovation, further expanding its influence in the ever-evolving digital media ecosystem. "This collaboration with Viral Nation is a major milestone in Vertiqal Studios' journey to redefine how brands engage with audiences in the digital age," said Max Desmarais, President of Vertiqal Studios. "I've always had immense admiration for Joe Gagliese and Mat Micheli at Viral Nation and the incredible company they've built. Their vision and leadership have set a benchmark in the influencer marketing and technology space, and this partnership is a testament to the shared values and innovative spirit that unite our two organizations. By acquiring these Instagram channels, integrating Viral Nation's technology, and collaborating on original content, we're positioned to set new standards for excellence in social media marketing." Joe Gagliese, Co-CEO of Viral Nation, added, "We're thrilled to partner with Vertiqal Studios to drive innovation and growth in the social media ecosystem. This collaboration brings together two leaders in the digital space to create opportunities for brands and creators alike." This press release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the " U.S. Securities Act "), or the securities laws of any state of the United States and may not be offered or sold within the United States (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements. About Vertiqal Studios Vertiqal Studios, owners of one of North America's largest gaming and lifestyle networks on social media, is a digital strategy, creative, and distribution holding company. The Company specializes in the creation and distribution of viral videos for brands and advertisers to create always-on digital strategies that live authentically in Gen Z and Millennial culture. Vertiqal Studios partners with leading brands to develop strategic solutions, creative ideation, and content production, while also providing distribution and amplification through its owned & operated channels - all delivered with boutique, white-glove service. Its expertise lies in managing over 130 channels across TikTok, Instagram, and Snapchat, while producing over 100+ pieces of content a day for a growing audience of 52 million-plus followers. By having such robust ownership of culture and communities on social, Vertiqal Studios provides innovative advertising solutions for brands such as RBC, Samsung, White Castle, Coca-Cola, ESPN, Chili's, and more. For more information and to join our email subscriber list for direct press releases and newsletters, visit . About Viral Nation Viral Nation is a global leader in social media innovation, uniting powerful marketing services, proprietary technology, and creator representation. Founded in 2014, Viral Nation evolved to fuel cultural resonance and predictable growth for brands through a social-first approach. The company's belief that creators and social communities are the new media of today and tomorrow steers world-class services, which include influencer marketing, community management, social content production, social strategy, and a talent representation agency. Viral Nation's creator intelligence technology, CreatorOS, and AI-powered brand safety solution, Secure, allow the company to maximize creator partnerships while safeguarding brand reputation. Viral Nation powers global growth for brands like e.l.f. Cosmetics, Audible, A24, The Coca-Cola Company, MGM Resorts International, Microsoft, Meta, Tencent, Vivid Seats, Zillow, and Walmart, redefining how brands engage and thrive in an ever-evolving digital world. For more information, please visit and follow Viral Nation on LinkedIn , X , Instagram , YouTube , and TikTok . For media inquiries, please contact: Jon Dwyer Chairman and Chief Executive Officer +1 (416) 627-8868; Email: ... ; Investor Relations Email: ... Forward-Looking Information This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. The forward-looking statements and information are based on certain key expectations and assumptions made by management of the Company. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information since no assurance can be given that they will prove to be correct. Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward-looking statements and information address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. The forward-looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement. To view the source version of this press release, please visit SOURCE: Vertiqal Studios MENAFN19122024004218003983ID1109014417 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.
( MENAFN - GetNews) Mujin Co., Ltd., a pioneer in innovative interior solutions, is set to revolutionize the U.S. construction industry with its advanced lightweight steel structure systems. Established in 1992 in Busan, South Korea, Mujin has become synonymous with durability, safety, and eco-friendly building materials, earning its reputation as a leader in the field. With over 30 years of expertise and a portfolio of 270+ successfully delivered projects, Mujin is now ready to bring its groundbreaking technologies to the United States. A Legacy of Excellence Mujin Co., Ltd. specializes in lightweight steel systems designed for interior ceilings and walls. From its inception, the company has prioritized innovation, engineering products to meet or exceed rigorous Korean standards for safety and quality. Mujin's systems are renowned for their ability to withstand seismic activity, ensuring stability and reliability in a variety of construction applications. With a commitment to continuous improvement, Mujin aims to redefine building standards globally. Core Product Offerings M-Bar and Clip-Bar Systems Mujin's signature M-Bar and Clip-Bar systems form the backbone of its product line. Designed to provide sturdy frameworks for ceilings and walls, these systems enhance both safety and efficiency during construction. 1. M-Bar System : Ideal for ceiling applications, the M-Bar System consists of C-shaped metal channels that support finishes such as drywall, tiles, or acoustic panels. 2. Clip-Bar System : This system complements the M-Bar System by securely attaching ceiling panels or tiles, streamlining installation while ensuring a seamless finish. MJ Ceiling Panels Mujin's MJ Ceiling Panels are celebrated for their lightweight composition, durability, and aesthetic appeal. Crafted from materials like gypsum board or metal, these panels are easy to install and maintain, making them an excellent choice for modern interiors. Why Mujin Stands Out 1. Durability and Safety Mujin products are engineered to withstand seismic forces, offering unparalleled safety in earthquake-prone regions. Their robust construction ensures long-lasting performance in residential, commercial, and industrial spaces. 2. Commitment to Sustainability By reducing the overall weight of buildings, Mujin's solutions contribute to energy efficiency and environmental sustainability. Lightweight structures not only minimize material usage but also lower transportation and installation costs. 3. Proven Expertise With decades of industry experience, Mujin combines traditional craftsmanship with cutting-edge technology to deliver precision-engineered components. Its dedication to quality has made it a trusted name in the Korean construction sector. Expanding into the U.S. Market The U.S. construction industry is increasingly adopting sustainable and innovative building materials to meet evolving market demands. Mujin's entry into the U.S. market comes at a time when the emphasis on eco-friendly construction and seismic safety is more significant than ever. Mujin's lightweight steel systems align perfectly with these priorities, offering a compelling value proposition to architects, builders, and developers. Headquarters and Contact Information Mujin Co., Ltd.'s headquarters, located in Busan, South Korea, houses state-of-the-art quality control laboratories and a dedicated workforce committed to delivering excellence. Address : 11, Chungnyeol-daero 336beon-gil, Dongnae-gu, Busan, Republic of Korea Phone : +82 1661-2059 / +82 51-865-2884 Email : ... Conclusion As Mujin Co., Ltd. prepares to enter the U.S. market, its innovative lightweight steel systems promise to set new standards in interior construction. By prioritizing safety, sustainability, and superior engineering, Mujin is poised to become a trusted partner for American builders and developers. With a legacy of excellence and a vision for global progress, Mujin invites the U.S. construction industry to experience the next generation of interior solutions. MENAFN19122024003238003268ID1109014521 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.DENVER--(BUSINESS WIRE)--Dec 18, 2024-- Colorado BioScience Association (CBSA) announces the state’s life sciences ecosystem raised $2.15 billion in 2024, a 46% increase compared to 2023. Colorado, recognized as the Hub for Health Impact , has attracted close to $12 billion for life sciences research and development during the last eight years from public and private sources, as well as federal, state, and foundation grants. Colorado’s life sciences companies and organizations demonstrated fundraising strength throughout 2024, surging past $1 billion in the first two quarters of the year, according to CBSA data. The 2024 numbers mark the second time in a four-year period that funding totals have reached $2 billion. During the record fundraising of 2021, fueled by the pandemic, Colorado companies and organizations raised $2.4 billion. “Colorado BioScience Association applauds our ecosystem’s phenomenal fundraising success. Investors know there’s a unique and powerful convergence of world-changing technologies being developed in Colorado, with life sciences playing an interconnected role,” said Elyse Blazevich, President & CEO of Colorado BioScience Association. “Life sciences investors, companies, and talent are seeing and seizing the opportunities in Colorado because of our collaborative community, top-ranked talent, central location, robust infrastructure, reasonable costs, and unmatched quality of life. It’s no surprise Colorado now ranks in the top quintile for life sciences venture capital funding.” Colorado Life Sciences Financings: Eight-Year History Colorado’s life sciences fundraising is approaching close to $12 billion raised in the last eight years. 2024: $2.15B 2023: $1.47B 2022: $1.6B 2021: $2.4B 2020: $1.2B ($2.6B including Invitae acquisition of ArcherDX) 2019: $850M ($12.B including Pfizer acquisition of Array Biopharma) 2018: $1.0B 2017: $1.2B Funding Sources Colorado companies raised $818.5 million in public capital, a 64% increase compared to 2023 through post-IPO equity and debt, $445.0 million through mergers, acquisitions, and partnerships, and $383.0 million in private capital, primarily from venture funding. Private Capital $383.0M Pre-Seed/Seed $23.0M Series A + B $183.4M Series C, D + Later $146.4M Other $30.1M Underscoring the ecosystem’s maturity and growth, several high-profile Colorado companies recently announced clinical milestones, including Edgewise Therapeutics , Enveda , OnKure Therapeutics , and Umoja Biopharma . Federal Grants Federal funding provides critical capital for research and development at private companies and academic and research institutions, with grants from the National Institutes of Health and National Science Foundation totaling $496.6 million. In many cases, the grant dollars are deployed through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The University of Colorado System, Colorado State University, and National Jewish Health continue to rank as the state’s leading recipients of federal funding for life sciences research and development. State Grants The State of Colorado’s Office of Economic Development and International Trade awarded $5.5 million in Advanced Industries Accelerator Grants to life sciences companies and university researchers in 2024. “Thanks to critical funding from the state’s Advanced Industries Accelerator Grant Program, Colorado companies and researchers are advancing technologies that will revolutionize health and care,” said Blazevich. “CBSA is fighting to preserve this program from projected state budget cuts in 2025, because it saves and changes lives with breakthroughs developed here in Colorado. The program provides significant return on investment to the state, attracting $2.9 billion in follow-on capital for Colorado’s advanced industries since 2016 and creating more than 5,000 jobs.” Colorado’s life sciences community makes a vital contribution to health innovation for patients and the state’s economy, providing mission-driven, high-paying jobs to more than 41,000 Coloradans, according to new data from BIO . The $52.9 billion in economic impact by Colorado’s life sciences ecosystem generates tax dollars, funds critical infrastructure and education, and supports families and communities. CBSA compiles and analyzes annual life sciences financings using publicly available sources, including company news releases, media reports, SEC filings, federal and state databases, as well as Crunchbase. Connect with CBSA: Twitter/X , Facebook and LinkedIn About Colorado BioScience Association Colorado BioScience Association (CBSA) creates co-opportunity for the Colorado life sciences community. CBSA champions a collaborative life sciences ecosystem and advocates for a supportive business climate. From concept to commercialization, member companies and organizations drive global health innovations, products, and services that improve and save lives. The association leads Capital and Growth, Education and Networking, Policy and Advocacy, and Workforce Cultivation to make its members stronger, together. Learn more: cobioscience.com View source version on businesswire.com : https://www.businesswire.com/news/home/20241218192950/en/ CONTACT: Media Contact:Sheliah Reynolds Primavera Group for Colorado BioScience Association (720) 289-4739 sheliah@theprimaveragroup.com KEYWORD: COLORADO UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: RESEARCH FINANCE PUBLIC POLICY/GOVERNMENT CLINICAL TRIALS PROFESSIONAL SERVICES BIOTECHNOLOGY HEALTH STATE/LOCAL SCIENCE SOURCE: Colorado BioScience Association Copyright Business Wire 2024. PUB: 12/18/2024 04:41 PM/DISC: 12/18/2024 04:40 PM http://www.businesswire.com/news/home/20241218192950/en
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( MENAFN - GetNews) Modern construction design is characterized by its emphasis on sustainability, efficiency, and aesthetics. As the industry evolves, innovative materials are reshaping how architects and builders approach interior design. Lightweight steel interior systems have emerged as a game-changing solution, offering unparalleled versatility and performance. By seamlessly combining strength, flexibility, and a sleek aesthetic, lightweight steel is redefining what's possible in modern construction. The Role of Lightweight Steel in Contemporary Architecture Lightweight steel systems, like those pioneered by Mujin Co., Ltd., are transforming the way interiors are constructed. These systems are particularly well-suited for modern design principles, which prioritize minimalism, functionality, and sustainability. Key Advantages of Lightweight Steel in Modern Interiors 1. Structural Efficiency and Flexibility Lightweight steel is exceptionally strong for its weight, making it ideal for creating durable frameworks for walls and ceilings. Its flexibility allows architects to design innovative layouts and shapes without compromising structural integrity. 2. Enhanced Aesthetics Modern construction often favors clean lines and open spaces. Lightweight steel systems provide a sleek, unobtrusive framework that supports various finishes, such as drywall, acoustic panels, or tiles, ensuring that the final design is both functional and visually appealing. 3. Eco-Friendly Construction Sustainability is a cornerstone of modern architecture. Lightweight steel systems reduce material usage and construction waste while improving energy efficiency through their thermal properties. Additionally, steel is highly recyclable, making it an environmentally responsible choice. 4. Compatibility with Advanced Technologies Lightweight steel systems are compatible with smart building technologies. Integrated wiring for smart lighting, sensors, and HVAC systems can be easily accommodated within the steel framework, enhancing the functionality of modern spaces. 5. Ease of Installation Time efficiency is critical in modern construction projects. Lightweight steel systems, such as Mujin's M-Bar and Clip-Bar systems, are designed for quick and precise installation, reducing labor costs and project timelines. Applications of Lightweight Steel Interiors in Modern Design 1. Open Concept Spaces Lightweight steel's strength and versatility make it ideal for supporting large, open spaces that are a hallmark of contemporary design. Its ability to span wide areas without the need for bulky support structures allows for seamless, uninterrupted interiors. 2. High-Rise and Mixed-Use Buildings In urban environments, lightweight steel systems are invaluable for constructing high-rise buildings. Their reduced weight minimizes the load on the building's foundation while maintaining structural stability. These systems are also well-suited for mixed-use developments that require adaptable interior solutions. 3. Innovative Ceiling Designs Lightweight steel frameworks enable unique ceiling designs, such as suspended or floating ceilings, which add depth and dimension to modern interiors. Systems like the M-Bar provide a sturdy base for creative ceiling applications, including integrated lighting and acoustic treatments. 4. Modular and Prefabricated Construction Prefabrication is gaining traction in modern construction due to its efficiency and cost-effectiveness. Lightweight steel systems are easily prefabricated, allowing for off-site assembly and rapid on-site installation. Why Choose Lightweight Steel for Modern Construction? Lightweight steel offers the perfect blend of strength, durability, and design flexibility. By reducing construction weight, it lowers transportation and installation costs while improving overall safety and efficiency. Furthermore, its adaptability allows it to meet the unique demands of modern construction projects, from residential homes to large-scale commercial developments. Mujin Co., Ltd.: Leading the Charge in Lightweight Steel Innovation Mujin Co., Ltd. has been at the forefront of lightweight steel system development since 1992. Their M-Bar and Clip-Bar systems, along with MJ Ceiling Panels, exemplify the best in modern interior solutions. Engineered for strength, sustainability, and ease of use, these systems are redefining interior construction in Korea and beyond. With its entry into the U.S. market, Mujin is poised to bring its expertise in lightweight steel interiors to a new audience of architects, designers, and builders. By offering cutting-edge solutions that align with the principles of modern construction, Mujin is helping to shape the future of interior design. Conclusion Lightweight steel interior systems are revolutionizing the construction industry, offering innovative solutions that align with the demands of modern design. Whether it's creating open, sustainable spaces or enabling rapid prefabrication, lightweight steel is setting new standards in architecture. With companies like Mujin Co., Ltd. leading the way, the possibilities for integrating lightweight steel into modern construction are limitless. Embrace the future of interior design with lightweight steel-a material that truly embodies the essence of modernity. MENAFN19122024003238003268ID1109014526 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.