how to withdraw in lodibet
Georgia QB Carson Beck has shoulder surgery, out for CFP
Fantasy Football Championship Non-PPR Cheat Sheet: Updated player ratings to guide your toughest lineup calls5 top tech gifts for the holidaysDEMESNE RESOURCES LTD. ANNOUNCES CLOSING OF A THIRD TRANCHE OF PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT FINANCING
Hyderabad: Four drug peddlers were arrested in Hyderabad on Monday, December 22, and 4 litres of hash oil worth Rs 5.20 lakh were seized from them. The accused were identified as Jaydeb Haldar, 37, Jetendra Pangi,38, Deba Madi, 32 and Akash Sarkar, 21 all natives of Odisha. They procured hash oil from a source at Rs 1,30,000 per litre and sold it at Rs 6 lakh to consumers. Haldar operated a business of ganja peddling and was arrested in Odisha in 2019. After being released in 2021, Haldar along with his associates sold ganja and hash oil. Chinna, a drug peddler contacted Jaydeb Haldar and ordered four litres of hash oil ahead of New Year. Based on the requirement, On December 22 Pangi bought the hash oil, and the accused travelled from Malkajgiri to Hyderabad on Monday to hand over the drug to Chinna. After being alerted the Telangana Anti Narcotics Bureau in coordination with Abdullapurmet police arrested the accused.
Pure Storage and Kioxia Collaborate to Drive Scalability, Efficiency, and Performance in Hyperscale Data CentersThere is no question that, at the very least, the Detroit Lions are one of the most injured teams in the NFL this season. We already know the Lions have the most players on injured reserve in total entering Week 17, so it's certainly safe to call Detroit the most injured team. But what about the number of Week 1 starters on injured reserve or out? Well, no surprise, the Lions lead the NFL in that category with a whopping 31.8% of their opening-day starters on the shelf. However, believe it or not, the Lions aren't alone in first place in that unfortunate category. They are actually tied with the Las Vegas Raiders , a team that also sports 31.8% of its Week 1 starters either on injured reserve or out with an injury. It's unfathomable to think that another team is having anything close to the injury issues the Lions have had, but here we are. Of course, the major difference is that Detroit has been able to overcome its issues, while the Raiders clearly have not. The #Lions are getting hit with the injury bug at the absolute worst time. (via: @pickinem ) pic.twitter.com/kkTclTPegA That speaks to the culture the Lions have built, but more importantly the roster that general manager Brad Holmes has constructed. At the very least, the Raiders are lacking the talent necessary to thrive in the wake of their injuries. As the playoffs loom, the Lions are hoping to get back at least a few key players in running back David Montgomery and linebacker Alex Anzalone. Montgomery is expected back by the divisional round , and Anzalone could make it back before that . If the Lions can make a deep playoff run, it's possible they could see cornerback Carlton Davis and edge rusher Aidan Hutchinson return. Davis has a shot to be back by the NFC Championship Game based on his recovery timeline , and Hutchinson has said he's targeting the Super Bowl . But, first things first, the Lions have to make it there before we can even have that discussion. Detroit will first look to wrap up the NFC North and No. 1 seed in the conference, something they can do in Week 17. MORE DETROIT LIONS NEWS How Lions can clinch NFC North and No. 1 seed in Week 17 Jahmyr Gibbs roasts himself for wearing a mask to stay warm Dan Campbell has emphatic answer about Lions resting starters Lions rookie Christian Mahogany looks like a gem after impressive debut
TikTok closer to US ban after losing court appealPure Storage and Kioxia Collaborate to Drive Scalability, Efficiency, and Performance in Hyperscale Data Centers
UK must be less dependent on China for critical minerals, says thinktank
Border plan promises round-the-clock aerial surveillance, drug detection supportHoliday decorations are shown in front of the New York Stock Exchange in New York’s Financial District on Tuesday, Dec. 3, 2024. (AP Photo/Peter Morgan) New York, United States — Global stocks mostly rose Tuesday, with US and German indices posting records, as markets weighed Chinese stimulus hopes, political tensions in France and the US interest-rate outlook. Germany’s blue-chip DAX stock index jumped above 20,000 points for the first time and Paris rebounded even as France braced for new political turmoil. In New York, both the S&P 500 and Nasdaq narrowly rose to finish at records, while the Dow pulled back. Oil prices jumped more than two percent following reports that crude exporters were near an agreement to extend production limits. READ: PSEi turns red as gov’t economic team cuts growth goal A closely-watched labor market report showed an increase in US job openings in October, but also a decline in new job postings during the month, a less upbeat sign. Samuel Tombs, chief US economist at Pantheon Macroeconomics, said the data overall provides “good grounds” for the Federal Reserve to lower interest rates again this month. Still, the choppiness of Tuesday’s trading session in New York points to reticence among US investors following a series of post-election records that many pundits believe have left stocks overvalued. “There wasn’t a lot of conviction behind the upside moves,” said Briefing.com. “The overall vibe in the market was more negative.” Stocks in Paris edged higher even as France headed into a new political crisis as opposition lawmakers vowed to topple the minority government of Prime Minister Michel Barnier in a no-confidence vote after just three months in office. Germany’s DAX, meanwhile, scored a fresh milestone, defying multiple headwinds battering Europe’s biggest economy. The German economy, hit hard by a manufacturing slowdown and weak demand for its exports, has struggled in 2024. Yet the DAX has advanced in large part because companies in the index do heavy business abroad. In addition, the euro’s recent weakness has boosted Germany’s export-oriented companies, while easing interest rates both in the eurozone and the United States have also helped sentiment. Investors greeted a Bloomberg report that China’s top leaders, including President Xi Jinping, would hold a two-day economic work conference next week to outline their targets and stimulus plans for next year. The report followed manufacturing activity data on Monday that suggested China’s economic struggles may be coming to an end, but investors are looking for Beijing to step up support for the economy. The news helped push Hong Kong and Shanghai stock markets higher despite Washington announcing new export restrictions taking aim at Beijing’s ability to make advanced semiconductors. The moves step up existing US efforts to tighten curbs on exports of state-of-the-art AI chips to China. Beijing hit back by saying it would restrict exports to the United States of some key components in making semiconductors. Oil prices jumped ahead of a meeting Thursday of members of the OPEC oil cartel and its allies “The forecast is that they will announce an extension until the end of the first quarter of 2025, and this should help put a floor under prices,” said Trade Nation analyst David Morrison. New York – Dow: DOWN 0.2 percent at 44,705.53 (close) New York – S&P 500: UP 0.1 percent at 6,049.88 (close) New York – Nasdaq Composite: UP 0.4 percent at 19,480.91 (close) London – FTSE 100: UP 0.6 percent at 8,359.41 (close) Paris – CAC 40: UP 0.3 percent at 7,255.42 (close) Frankfurt – DAX: UP 0.4 percent at 20,016.75 (close) Tokyo – Nikkei 225: UP 1.9 percent at 39,248.86 (close) Hong Kong – Hang Seng Index: UP 1.0 percent at 19,746.32 (close) Shanghai – Composite: UP 0.4 percent at 3,378.81 (close) Euro/dollar: UP at $1.0511 from $1.0498 on Monday Pound/dollar: UP at $1.2673 from $1.2655 Dollar/yen: DOWN at 149.53 yen from 149.60 yen Euro/pound: DOWN at 82.94 from 82.95 pence Brent North Sea Crude: UP 2.5 percent at $73.62 per barrel Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . West Texas Intermediate: UP 2.7 percent at $69.94 per barrelWhat's New Eric Trump posted on social media Monday night, in an apparent joke about the United States being able to buy territories on Amazon , after his father, President-elect Donald Trump said he would take back the Panama Canal and buy Greenland. The post on X, formerly Twitter , received over 7,000 replies, with some calling the mock-up of an online shopping cart "disrespectful" and "disturbing", while others backed Trump's caption of: "We are so back!!!" Why It Matters The post, while seemingly in jest, comes after the President-elect made more serious comments about owning and controlling Greenland, demanding the return of the Panama Canal , and that Canada could be the next U.S. state. The comments were met with backlash from international leaders and experts. What To Know Eric Trump's post showed map outlines of the Panama Canal, Greenland and Canada as items in an Amazon shopping cart, along with a mock-up of his father looking at his phone with the same Amazon app screen open. The caption read: "We are so back!!!" The post, which has also been shared over 13,000 times, came after a similar post on December 21, responding to a post from the President-elect on Panama, in which Eric Trump said: "The grown-ups are back in charge". We are so back!!! pic.twitter.com/PvybVULeAz The President-elect's first assertion that he could expand the U.S. came after announcing tariffs on Mexico, China and Canada over immigration and fentanyl flows, after which he said Canada could "become the 51 st State". He then suggested the U.S. should buy Greenland , an autonomous territory that has been part of Denmark for 600 years. Trump previously floated the idea during his first term in the White House, and Greenland's leaders pushed back earlier this week saying: "We are not for sale". The President-elect also then threatened a demand for the return of the Panama Canal to U.S. control , if the Central American country failed to reduce the fees it charges American ships. His son's post was not received well by all, with some viewing it as aggressive toward other nations and hypocritical when Republicans have been vocal against Russia's invasion of Ukraine. Others, however, did view the post as a tongue-in-cheek way of touting Trump's return to the world stage. Panama has been working with the U.S. in recent months to curb immigration through the Darien Gap - a notorious jungle route used by thousands of immigrants each year, headed for Mexico and the U.S. What People Are Saying Richard W. Painter, a former Chief White House ethics lawyer, on X: "Leaders of peaceful nations do not threaten their neighbors during Christmas, or any other time." PatriotTakes, an account speaking out on right-wing extremism, on X: "Eric Trump's post. Threatening other countries is a joke to them." Lakshya Jain, an election polls and modeling expert at Split Ticket on X: "Never going to happen, so not worth discussing in much more detail, but [for what it's worth] every single one of these seats would be safe Democratic." Republican Helen Qiu, running for New York City Council, on X: "Canada: 51st State (downside is we will be a permanent Democrat control government unless we make them a territory). Greenland: all good after we rename it Orangeland. Panama Canal: all good after we rename it United States Canal!" What's Next The likelihood of any of these moves advancing appears unlikely, at least in the near future. The Panama Canal was under joint U.S. control until 1999, when it was handed over to the Panamanian government and the country's President José Raúl Mulino said this week that it would stay that way.
Cristiano Ronaldo and Lionel Messi have dominated the football world for a period spanning over a decade The two football veterans have scored hundreds of goals, broke many records, and have won countless trophies Legendary Italian defender Giorgio Chiellini appeared to settle the endless debate with a unique remark CHECK OUT: Education is Your Right! Don’t Let Social Norms Hold You Back. Learn Online with LEGIT. Enroll Now! Giorgio Chiellini has offered his perspective on the age-old debate between Cristiano Ronaldo and Lionel Messi, explaining why he believes the Portugal captain has an edge. The argument over which of the two football superstars is the greatest of all time has consistently divided many across the sports spectrum. The so-called GOAT debate has lasted for more than a decade now, with Ronaldo and Messi dominating the football space during the period, per Sportskeeda. The two veterans have engaged in numerous on-field clashes throughout their careers, most notably in fierce El Clasico battles for Barcelona and Real Madrid respectively. Read also Ronaldo teaches YouTuber Mr Beast how to do 'siuu' celebration, video PAY ATTENTION: Legit.ng Needs Your Help! Take our Survey Now and See Improvements at LEGIT.NG Tomorrow Both players have been recurring contenders at the Ballon d'Or awards as well. Chiellieni settles GOAT debate Chiellini, who played alongside Ronaldo at Juventus and faced him during his time at Real Madrid, also squared off against Messi at both club and international levels. The defender's unique insight stems from witnessing the brilliance of both players up close. Speaking on The Overlap , Chiellini highlighted Ronaldo's unparalleled ability to step up in crucial moments. "Well, Ronaldo, when you are losing, he had the balls, no matter what, to try to win. Shoot from everywhere in order to lead the team to win," the Italian legend said. "And it is not easy to do for a lot of players. I loved to play with him because working with him and looking at him every day, with little details, is very nice." "I was 35 and he was 34, and we weren't obviously in our prime. But it was very funny to play with him. And look how big is his personality." Read also Jude Bellingham insists Real Madrid teammate Vincicius deserved 2024 Ballon d'Or He recalled instances at Juventus where Ronaldo's decisive contributions turned games in their favour. While he acknowledged Messi's extraordinary talent, Chiellini emphasised that Ronaldo’s mentality and clutch performances set him apart, particularly when his team needed him the most. Chiellini's unique bond with Cristiano Ronaldo Giorgio Chiellini shared the pitch with Cristiano Ronaldo both as a rival and a teammate, giving him a distinctive perspective on the Portuguese superstar's brilliance. The two faced each other six times during Ronaldo's spell at Real Madrid. Of those encounters, Ronaldo emerged victorious in three, suffered two defeats, and one match ended in a stalemate. As teammates at Juventus, Chiellini and Ronaldo featured together in 55 matches, during which the duo combined for two goals. Their time as colleagues offered Chiellini firsthand insight into Ronaldo's work ethic, leadership, and match-winning mentality. Ronaldinho refused to name Messi as GOAT Earlier, Legit.ng reported that Ronaldinho hailed Lionel Messi as one of football’s all-time greats but stopped short of declaring him the greatest. Read also Arda Güler Delivers Stunning Nutmeg in Real Madrid's Victory Over Leganés Having shared the pitch with a young Messi at Barcelona for two years before moving to AC Milan, Ronaldinho expressed his deep admiration without settling the debate definitively. PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ find the “Recommended for you” block on the home page and enjoy! Source: YEN.com.ghBy Stephanie Lai and Hadriana Lowenkron, Bloomberg News Donald Trump says he is selecting venture capitalist David Sacks of Craft Ventures LLC to serve as his artificial intelligence and crypto czar, a newly created position that underscores the president-elect’s intent to boost two rapidly developing industries. “David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness. David will focus on making America the clear global leader in both areas,” Trump said Thursday in a post on his Truth Social network. Trump said that Sacks would also lead the Presidential Council of Advisors for Science and Technology. Related Articles National Politics | Elon Musk funded a super PAC comparing Trump’s position on abortion to Ruth Bader Ginsburg’s National Politics | Trump names former Sen. David Perdue of Georgia to be ambassador to China National Politics | Trump talks up his transition and election victory as he receives Fox Nation award National Politics | Biden is considering preemptive pardons for officials and allies before Trump takes office National Politics | EPA hails ‘revitalized’ enforcement efforts as Biden administration heads to exit In Sacks, Trump is tapping one of his most prominent Silicon Valley supporters and fundraisers for a prime position in his administration. Sacks played a key role in bolstering Trump’s fundraising among technology industry donors, including co-hosting an event at his San Francisco home in June, with tickets at $300,000 a head. He is also closely associated with Vice President-elect JD Vance, the investor-turned-Ohio senator. Sacks is a venture capitalist and part of Silicon Valley’s “PayPal Mafia.” He first made his name in the technology industry during a stint as the chief operating officer of PayPal, the payments company whose founders in the late 1990s included billionaire entrepreneur Elon Musk and investor Peter Thiel. After it was sold to eBay, Sacks turned to Hollywood, where he produced the 2005 satire Thank You for Smoking. Back in Silicon Valley, he founded workplace communications company Yammer, which was bought by Microsoft Corp. in 2012 for $1.2 billion. He founded his own venture capital firm, Craft Ventures, in 2017 and has invested in Musk-owned businesses, including SpaceX. Sacks said on a recent episode of his All-In podcast that a “key man” clause in the agreements of his venture firm’s legal documents would likely prevent him from taking a full-time position, but he might consider an advisory role in the new administration. A Craft spokeswoman said Sacks would not be leaving Craft. In his post, Trump said Sacks “will safeguard Free Speech online, and steer us away from Big Tech bias and censorship.” Protecting free speech is a keen interest of Sacks. He regularly speaks about “woke” interests that try to muzzle unpopular opinions and positions. Crypto czar The new post is expected to help spearhead the crypto industry deregulation Trump promised on the campaign trail. The role is expected to provide cryptocurrency advocates a direct line to the White House and serve as a liaison between Trump, Congress and the federal agencies that interface with digital assets, including the Securities and Exchange Commission and the Commodity Futures Trading Commission. Trump heavily campaigned on supporting crypto, after previously disparaging digital assets during his first White House term, saying their “value is highly volatile and based on thin air.” The president-elect on Thursday said Sacks would “work on a legal framework so the Crypto industry has the clarity it has been asking for, and can thrive in the U.S.” During the campaign, Trump spoke at a Bitcoin conference, accepted crypto campaign donations and met with executives from Bitcoin mining companies and crypto exchanges multiple times. Trump’s desire to give priority to the digital asset industry is also reflected in his close allies and cabinet selections, including his Commerce secretary pick, Howard Lutnick, and Treasury secretary nominee Scott Bessent. AI tech On the AI front, Sacks would help Trump put his imprint on an emerging technology whose popular use has exploded in recent years. Sacks is poised to be at the front lines in determining how the federal government both adopts AI and regulates its use as advances in the technology and adoption by consumers pose a wide array of benefits as well as risks touching on national security, privacy, jobs and other areas. The president-elect has expressed both awe at the power of AI technology as well as concern over the potential harms from its use. During his first term, he signed executive orders that sought to maintain US leadership in the field and directed the federal government to prioritize AI in research and development spending. As AI has become more mainstream in recent years and with Congress slow to act, President Joe Biden has sought to fill that void. Biden signed an executive order in 2023 that establishes security and privacy protections and requires developers to safety-test new models, casting the sweeping regulatory order as necessary to safeguard consumers. A number of technology giants have also agreed to adopt a set of voluntary safeguards which call for them to test AI systems for discriminatory tendencies or security flaws and to share those results. Trump has vowed to repeal Biden’s order. The Republican Party’s 2024 platform dismissed Biden’s executive order as one that “hinders AI Innovation, and imposes Radical Leftwing ideas on the development of this technology.” Musk ties Sacks can be expected to work closely with Musk, the world’s richest person and one of the president-elect’s most prominent supporters. Musk is also a player in the AI space with his company xAI and a chatbot named Grok — efforts which pit him against Silicon Valley’s giants — and he stands to wield significant influence within the incoming administration. The appointment won’t require Sacks to divest or publicly disclose his assets. Like Musk, Sacks will be a special government employee. He can serve a maximum of 130 days per year, with or without compensation. However, conflict of interest rules apply to special government employees, meaning Sacks will have to recuse himself from matters that could impact his holdings. Strong opinions Sacks’s Craft Ventures is known more for enterprise software investing than for crypto, but it has made a few crypto investments, including BitGo and Bitwise. Still, Sacks has firm opinions on the sector. Speaking last month on All-In, Sacks praised a bill on crypto regulation that had passed in the U.S. House but not the Senate earlier this year. The Financial Innovation and Technology for the 21st Century Act would regulate certain types of digital assets as a commodity, regulated by the Commodity Futures Trading Commission. “The crypto industry basically wants a really clear line for knowing when they’re a commodity and they want commodities to be governed, like all other commodities, by the CFTC,” he said on the November podcast. He also disparaged some of the Securities and Exchange Commission’s positions on crypto under its chair, Gary Gensler. “The days of Gensler terrifying crypto companies,” he said. “Those days are about to be over.” Earlier this week, Trump nominated crypto advocate Paul Atkins to lead the SEC. With assistance from Zoe Ma, Bill Allison, Sarah McBride, Anne VanderMey and stacy-marie ishmael. ©2024 Bloomberg L.P. Visit bloomberg.com. Distributed by Tribune Content Agency, LLC.
Rep. Sean Casten joins The LeadHeavy travel day off to a rough start after American Airlines briefly grounds all flights
Justin Baldoni Sued by Former Publicist Over Breach of Contract By Amidst an ongoing complaint levied , has been sued by his former publicist, who alleges he breached his contract earlier this year. What is Justin Baldoni being sued for? Steph Jones, who owns the public relations firm Jonesworks, accused Baldoni of breaching their contract earlier this year. The contract, which says Baldoni must pay her $25,000 a month, was allegedly breached after Baldoni dropped the firm in August, and joined a firm started by Jennifer Abel, who also worked at Jonesworks and left to start her own firm. Alongside the lawsuit against Baldoni, Jones is also suing Abel and Baldoni’s publicist Melissa Nathan, joining Blake Lively in accusing the pair of coordinating a . Jones’ lawsuit alleges that the pair are attempting to blame her for the campaign. “To this day, Abel and Nathan continue to point the finger falsely at Jones now that their own misconduct is coming to light, and to defame and attack Jones in the industry,” the lawsuit states (via ). In the case of Lively and Baldoni, this past week, Lively alleging him of sexual harassment and of coordinating an effort to destroy her reputation. In Lively’s claims, she states that things got so bad during filming that an all-hands-on-deck meeting was called due to her claims of a hostile work environment. During the meeting, Lively asked that Baldoni stop showing her nude videos or images of women, that he stop mentioning his pornography addiction to her, that Baldoni stop discussing sexual experiences in front of her, and that he also stop mentioning Lively’s weight. The complaint also claims that an agreement was made between production company Wayfarer Studios and the cast, in which the promotion of the movie would focus “more on [Lively’s character’s] strength and resilience as opposed to describing the film as a story about domestic violence.” However, Lively claims that Baldoni would renege on that and instead spoke in interviews about the film’s serious story. Lively also claimed that Baldoni and his PR manager, Melissa Nathan, discussed ways in which to start a social media campaign to harm her reputation. The filing by Lively includes 22 pages of texts between Baldoni’s publicist and Nathan, in which they discuss wanting to have Lively “buried.” Anthony Nash has been writing about games and the gaming industry for nearly a decade. When he’s not writing about games, he’s usually playing them. You can find him on Twitter talking about games or sports at @_anthonynash. Share articleAmazon investing another $10 billion in Ohio-based data centersThe most ambitious laptop ever made just got a long-promised modular upgrade. Starting today, you can pay $39 to add two extra M.2 slots to the Framework Laptop 16 — letting you potentially carry around an AI accelerator, an eGPU adapter, or a grand total of solid state storage sticks for ludicrous capacity. As Framework’s blog post points out, the new “Dual M.2 Adapter” is Framework’s first new modular component since launch that takes advantage of the Laptop 16’s big expansion bay around back. At launch, you only had two options: a Radeon RX 7700S discrete graphics card for extra money, or a mostly empty bay that only contained fans. But now, you can add the Dual M.2 Adapter to that mostly empty bay to fit an additional pair of M.2 2280, 2260, 2240 or 2230 modules, with four lanes of PCIe 4.0 each, of the twin SSD slots (M.2 2280 and M.2 2230) that come with the laptop to begin with. With current stick SSD capacities topping out at around 8TB (2280) and 2TB (2230) respectively, that means you can theoretically cart around 26TB of storage at once... not counting any 1TB Framework Expansion Cards you stick into the sides of the laptop, or any giant SD cards you plug into the $25 full-size SD card modules that Framework finally released this fall. (With 2TB SD cards on the market and six expansion slots for them on the Laptop 16, I guess the actual maximum capacity of Framework’s laptop is now 38TB.) And while those who bought the Radeon discrete GPU won’t be able to take advantage without swapping out that module, swaps are thankfully quick and easy: In addition to the adapter, Framework has swapped out the Framework Laptop 16’s liquid metal cooling for Honeywell PTM7958 thermal paste, and will help provide that for any customer who asks; while Framework characterizes this as a change to fix possible “performance degradation over time,” I definitely encountered uncomfortable levels of heat and fan noise right away in my review and long-term tests. Find more about Framework’s recent updates in its full blog post — like the new “Framework Mystery Boxes” tinkerers can buy to try out an assortment of random, possibly non-functional parts that users have returned to the company.
( MENAFN - EIN Presswire) Asset Servicing Global market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 The Business Research Company's Early Year-End Sale! Get up to 30% off detailed market research reports-for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 18, 2024 /EINPresswire / -- The Business Research Company's Early Year-End Sale! Get up to 30% off detailed market research reports-limited time only! The global asset servicing market offers vast prospects. Patterns indicate strong growth in recent years, positioned to rise from $1303.24 billion in 2023 to $1397.61 billion in 2024 at a compound annual growth rate CAGR of 7.2%. The prevalent growth can be traced back to the rise of client-centric solutions, market volatility, and economic shifts, coupled with the amplified demand for specialized services and the rapid globalization of markets. What does the future envision for the asset servicing market? The asset servicing sector is set to witness robust growth in the next few years. Projections show an escalation to $1859.64 billion in 2028 at a compound annual growth rate CAGR of 7.4%. Adaptation to market volatility, the emergence of more client-centric solutions, enhanced risk management and cybersecurity, along with global economic trends and ESG environmental, social, governance integration, are all catalysts steering this growth in the forecast period. Major trends to watch out for include the transition to digital services, regulatory changes, market expansion, demand for ESG integration, cost efficiency, and operational streamlining. Access your free sample report here: What are the key drivers pushing forward the asset servicing market? A key protagonist in propelling this market growth forward is the increasing retiree population. People aged 65 and over, often require robust asset servicing solutions to manage their assets and support their retirement. For instance, the United States Census Bureau reveals that the number of individuals over the age of 65 will reach 80.8 million by 2040 and 94.7 million by 2060. This demographic shift underscores an upward trajectory for the asset servicing market. Delve deeper into the asset servicing market via our detailed report: Who are the leading players within the asset servicing market? The asset servicing market features a host of major corporations such as JPMorgan Chase & Co., Wells Fargo Asset Management, Citigroup Inc., HSBC Holdings plc, Morgan Stanley Wealth Management, The Goldman Sachs Group Inc., UBS Group AG, PNC Financial Services Group Inc., Charles Schwab Corporation, National Australia Bank Limited, BlackRock Inc., Mellon Investments Corporation, and others. These entities continue to evolve, driving the industry's growth. What's the future of innovation in the asset servicing market? Emerging trends reflect innovative product development infused with advanced technologies like autonomous asset management that aims to enhance customer satisfaction and loyalty. Autonomous asset management leverages AI and ML for autonomous decision-making and portfolio management, as embodied by UK-based Arabesque AI's AutoCIO-a cost-efficient, highly customizable solution dedicated to delivering sustainable investment strategies to clients. How is the asset servicing market segmented? The asset servicing market encapsulates multiple segments: 1 By Service: Fund Services, Custody and Accounting, Outsourcing Services, Securities Lending 2 By Enterprise Size: Large Enterprises, Medium and Small Enterprises 3 By End User: Capital Markets, Wealth Management Firms What's the regional outlook of the asset servicing market? North America captured the largest share of the asset servicing market in 2023, closely followed by Western Europe. The report provides a comprehensive analysis of several regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa, reflecting a true global perspective. Browse Through More Similar Reports By The Business Research Company: Cellular M2M Global Market Report 2024 Rail Asset Management Global Market Report 2024 Asset Integrity Management Global Market Report 2024 About The Business Research Company Learn More About The Business Research Company. With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game. Contact us at: The Business Research Company: Americas +1 3156230293 Asia +44 2071930708 Europe +44 2071930708 Email us at ... Follow us on: LinkedIn: YouTube: Global Market Model: global-market-model Oliver Guirdham The Business Research Company +44 20 7193 0708 email us here Visit us on social media: Facebook X LinkedIn Legal Disclaimer: EIN Presswire provides this news content "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 author above. MENAFN17122024003118003196ID1109005258 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.WOBURN, Mass., Dec. 17, 2024 (GLOBE NEWSWIRE) -- NeuroMetrix, Inc. (“NeuroMetrix” or the “Company”) (Nasdaq: NURO) today announced it has entered into a definitive merger agreement whereby electroCore, Inc. (“electroCore”) (Nasdaq: ECOR), a commercial stage bioelectronic medicine and wellness company, will acquire NeuroMetrix. The transaction has been unanimously approved by the Boards of Directors of both companies and is expected to close late in the first quarter of 2025. Under the terms of the merger agreement, a subsidiary of electroCore will merge with NeuroMetrix and NeuroMetrix will become a wholly owned subsidiary of electroCore. The shareholders of NeuroMetrix will be entitled to receive the equivalent of the balance of NeuroMetrix’s net cash at the closing of the transaction, subject to certain adjustments and deductions. Assuming the transaction closes on March 31, 2025, NeuroMetrix estimates that the balance of net cash to be paid to its shareholders, after deduction of, among other things, transaction expenses, severance costs, and accrued liabilities, will be approximately $9M in the aggregate. The final balance of net cash will be determined at the time of closing and will be based on a formula set out in the merger agreement. NeuroMetrix shareholders will also receive one non-tradeable contingent value right (a “CVR”) per share of NeuroMetrix common stock. Each CVR will represent the right to receive (i) certain future net proceeds from any divestiture of the Company’s DPNCheck ® platform that is consummated prior to the closing of the transaction with electroCore and (ii) certain royalties, up to an aggregate maximum of $500,000, on net sales of prescription Quell ® products over the first two years following the closing of the transaction. “This announcement represents the culmination of our strategic review process announced in February 2024, and marks a positive outcome for the Company’s shareholders. Through this transaction, we will efficiently return balance sheet cash to our shareholders while providing potential upside through the CVR,” said Shai N. Gozani, M.D., Ph.D., Chairman and CEO of NeuroMetrix. “A further advantage of this transaction is that we expect patients with chronic pain to have expanded access to our novel and proprietary Quell wearable neuromodulation technology through the commercial channel that electroCore has built. Although the DPNCheck platform is not included in the acquisition, we expect to divest this business such that patients and physicians continue to benefit from its unique and important diagnostic capabilities.” Consummation of the transaction is subject to approval by the shareholders of NeuroMetrix, NeuroMetrix having at least $8 million of net cash at closing, and the filing of NeuroMetrix’s Form 10-K with respect to the fiscal year ended December 31, 2024, in addition to certain customary closing conditions. About NeuroMetrix NeuroMetrix is a commercial stage healthcare company that develops and commercializes neurotechnology devices to address unmet needs in the chronic pain and diabetes markets. The Company's products are wearable or hand-held medical devices enabled by proprietary consumables and software solutions that include mobile apps, enterprise software and cloud-based systems. The Company has two commercial brands. Quell ® is a wearable neuromodulation platform. DPNCheck ® is a point-of-care screening test for peripheral neuropathy. For more information, visit www.neurometrix.com . About electroCore electroCore is a commercial stage bioelectronic medicine and wellness company dedicated to improving health through its non-invasive vagus nerve stimulation (“nVNS”) technology platform. Its focus is the commercialization of medical devices for the management and treatment of certain medical conditions and consumer product offerings utilizing nVNS to promote general wellbeing and human performance in the United States and select overseas markets. Safe Harbor Statement The statements contained in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include information concerning possible or assumed future results of operations of the Company, the expected completion and timing of the transaction and other information relating to the transaction. Without limiting the foregoing, the words “believes,” “anticipates,” “plans,” “expects,” “intends,” “forecasts,” “should,” “estimates,” “contemplate,” “future,” “goal,” “potential,” “predict,” “project,” “projection,” “may,” “will,” “could,” “should,” “would,” “assuming” and similar expressions are intended to identify forward-looking statements. You should read statements that contain these words carefully. They discuss the Company’s future expectations or state other forward-looking information and may involve known and unknown risks over which the Company has no control. While the company believes the forward-looking statements contained in this press release are accurate, there are a number of factors that could cause actual events or results to differ materially from those indicated by such forward-looking statements, including, without limitation, (i) the risk that the transaction may not be completed in a timely manner or at all, which may adversely affect the Company’s business and the price of the common stock of the combined company following the merger, (ii) the failure to satisfy the conditions to the consummation of the transaction, including the adoption of the merger agreement by the stockholders of the Company and the receipt of any required regulatory approvals from various governmental entities (including any conditions, limitations or restrictions placed on these approvals) and the risk that one or more governmental entities may deny approval, (iii) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement, (iv) the risk that the merger agreement may be terminated in circumstances that require the Company to pay a termination fee; (v) risks regarding the failure to obtain the necessary financing to complete the merger, (vi) the effect of the announcement or pendency of the transaction on the Company’s business relationships, operating results and business generally, (vii) risks that the proposed transaction disrupts current plans and operations, (viii) risks related to diverting management’s attention from the Company’s ongoing business operations, and (ix) the outcome of any legal proceedings that may be instituted against the Company related to the merger agreement or the transaction. . There can be no assurance that future developments will be those that the company has anticipated. Further risks that could cause actual results to differ materially from those matters expressed in or implied by such forward-looking statements are described in the company’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, as well as other documents that may be filed from time to time with the Securities and Exchange Commission (the “SEC”) or otherwise made public. The company is providing the information in this press release only as of the date hereof, and expressly disclaims any intent or obligation to update the information included in this press release or revise any forward-looking statements. Additional Information and Where to Find It In connection with the transaction, the Company intends to file relevant materials with the SEC, including a proxy statement on Schedule 14A. Promptly after filing its definitive proxy statement with the SEC, the Company will mail the definitive proxy statement and a proxy card to each stockholder entitled to vote at the special meeting relating to the transaction. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE TRANSACTION THAT THE COMPANY OR ELECTROCORE WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PARTIES AND THE TRANSACTION. The definitive proxy statement, the preliminary proxy statement and other relevant materials in connection with the transaction (when they become available), and any other documents filed by the Company or electroCore with the SEC, may be obtained free of charge at the SEC’s website (http://www.sec.gov). In addition, materials filed by the Company may be obtained on the Company’s website neurometrix.com, and materials filed by electroCore may be obtained on electroCore’s website at www.electroCore.com. Participants in the Solicitation The Company and each of its directors and executive officers may be deemed to be participants in the solicitation of proxies from the Company’s stockholders with respect to the merger. Information about the Company’s directors and executive officers and their ownership of the Company’s common stock is set forth in the proxy statement on Schedule 14A filed with the SEC on March 27, 2024 and the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed with the SEC on March 1, 2024. To the extent that such individual’s holdings of the Company’s common stock have changed since the amounts included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed with the SEC on March 1, 2024, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Information regarding the identity of the potential participants, and their direct or indirect interests in the merger, by security holdings or otherwise, will be set forth in the proxy statement and other materials to be filed with SEC in connection with the merger. Source: NeuroMetrix, Inc. Thomas T. Higgins SVP and Chief Financial Officer neurometrix.ir@neurometrix.com
Eastman Chemical SVP sells $386,273 in stockMorning blast at polymer plant rattles east Edmonton
Inflation report poses test for stocks rally as Fed meeting looms