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In recent weeks, the price of crude oil has experienced a sharp decline, driven by a combination of factors including oversupply, weakened global demand, and geopolitical tensions. As a direct result, consumers are now reaping the benefits at the pump as the cost of 92-octane gasoline undergoes a rapid and substantial reduction.The Israeli military has stated that it holds the Syrian regime responsible for any attacks originating from its territory, regardless of the source. Israel has long maintained a policy of pre-emptive strikes against potential threats, particularly from Iran and its proxies in the region. The recent wave of airstrikes is just the latest example of Israel's proactive approach to countering security challenges.The case of Nong Kaem serves as a stark reminder of the importance of ensuring that massage services are carried out by qualified and trained professionals. It is essential for individuals seeking massage therapy to thoroughly research and choose reputable spas or clinics that employ skilled and certified therapists to minimize risks and ensure their safety.
In response to Trump's threats, European leaders have emphasized the importance of NATO and reaffirmed their commitment to the alliance. They have called for dialogue and cooperation to address the challenges facing NATO and to strengthen collective defense capabilities. However, the specter of a potential U.S. withdrawal from the organization looms large, casting a shadow of doubt over the future of transatlantic security cooperation.'Teachers impact in changing lives of students'Mediawatch - TVNZ's Q+A show finally got Christopher Luxon in last weekend for the first time since he became PM. Host Jack Tame made the most of a long interview, but there was not much time for other stuff in the show. Tame told viewers to head to YouTube to see the full version of his chat with outgoing Climate Change Commission chair Rod Carr. The global free-to-use tech platforms do have their uses for local media. Likewise, the government broadcasting funding agency NZ On Air. NZ on Air declared itself 'platform agnostic' almost a decade ago, so it now funds programmes that can be seen online, as long as it is available for free. Last week, it announced it is funding weekly current affairs show Paddy Gower Has Issues to screen on Three next year - but also on the Stuff website, YouTube, TikTok, Facebook and Instagram. In 2025, current affairs The Hui will be available on stuff.co.nz, rnz.co.nz, YouTube, Facebook, Instagram, and TikTok, as well as on TV. Some of NZ on Air's latest funding for tamariki is for the online platforms only - including new children's music and lullabies on YouTube and Spotify. But not everyone thinks young people should be on some of those offshore online platforms - including the government across the ditch. It has just rushed through legislation outlawing accounts for under-16s on some social media platforms . Media Watch on the ABC said most experts seemed to think the ban would not work, but they had not been seen much in the Australian media - especially those owned by Rupert Murdoch. News Corp ran an intense 'Let Them Be Kids' campaign for the law change, urging people of all ages to unplug from social media. Media Watch 's Paul Barry pointed out Australian media hostility to online platforms intensified this year after Meta pulled out of the bargaining code which returned big payments from Google and Facebook to news media. Casting an eye across the Tasman 'TIK TOK HORROR' screamed the front page of the Herald on Sunday two weekends ago. "Adding to young people's fears and potential dangers through phones and devices is highly irresponsible and unnecessary," a subsequent editorial in The New Zealand Herald said. "It's high time New Zealand takes the plunge - and seriously considers whether it should follow Australia's lead." Last weekend, the Herald on Sunday declared: "Kiwis want kids off social media." Three-quarters of people surveyed by Horizon Research and the University of Auckland backed Australia's age restrictions, the paper said. But Internal Affairs Minister Brooke van Velden told the Herald on Sunday she was not considering an age limit for social media. It did not mention she had earlier this year scratched a 'Safer Online Platforms' proposal to extending regulation to social media because it could have been a backdoor to unwelcome hate speech laws. This week, the New Zealand Institute of Economic Research - in partnership with BusinessDesk - put Jonathan Haidt's book The Anxious Generation at the top of its annual Summer Reading List for the PM. "The evidence is becoming overwhelming that social media and telecommunications device addictions are causing society-wide harm, particularly in children and young people," it claimed. The book carried evidence-based solutions that have been successfully implemented, the institute said. But New Zealand Initiative chief economist Dr Eric Crampton does not agree. "Each of us can use Google Family Link to control which apps can be used on our kids' Android phones, and to set time limits on them. The government could encourage public service announcements explaining how to use them," he wrote in the Herald in October. What have the tech platforms here had to say in the debate in the media? Next to nothing - either because they were not asked for comment or did not respond to any requests. Experts are also sceptical. Confronting big tech "We shouldn't touch this style of social media ban with a bargepole," tech commentator Peter Griffin wrote for BusinessDesk last week. "It was bad policy-making and badly written policy," Griffin told Mediawatch . "In the last week of Parliament in Australia, and on the last day, they pushed this thing through with 24 hours of consultation. They didn't really even consider any of the 15,000 submissions. They had already made up their mind." "We haven't seen anywhere in the world a reliable, private, secure age verification system ... because it's inherently flawed." But he said our government should mirror their Australian counterparts' willingness to confront Big Tech. "The Liberals as well as Labor have [encouraged] the competition watchdog, the ACCC over there. It did a huge investigation into the market power of big tech, and that is now starting to turn into policy. "Our track record has been woeful. We had an opportunity to partner with Australia on the competition stuff and the digital economy - but we've done nothing. "There's brinksmanship going on at the moment where Google is saying here in New Zealand it might take news off Google Search and Google News. Well, how about you do that? Let's see what happens," he said. Is the news media here compromised when covering these issues? It is an area of genuine public interest, but local media are rivals with big tech platforms in the attention economy. Also, our news media makers are trying to get Google and Facebook to pay them for news - and backing more regulation online as well. "There's a conflict of interest but ... it is an existential crisis that the media is going through. I think it's reasonable to be saying: 'Look at the balance sheets of these big tech companies. Look at how little tax they pay here. Bottom line - do you want a healthy democracy?'" Griffin said. "If you believe that a healthy media underpins that, what are you willing to do to preserve it and to be fair? "If you still want that public interest journalism elements in your media - and not just social media influence - someone's got to pay for it. And it's either going to be taxpayers or it's going to be a more equitable share of the advertising revenue that goes around news. "If they can't make it work, what are we left with? Facebook groups or Facebook pages mediated by Big Tech with all the algorithmic stuff that they're doing ... and making you pay for it if you do want to get that reach. "If you're 12 years old, or 22 or 82 - we're all faced with this manipulation. I think they've lost an opportunity to address those real issues that affect everyone who uses social media. "We've never had a nuanced, balanced discussion about these tech-related issues and the dominance of big tech in our digital economy ... for consumers, for media outlets, for how we nurture our democracy." TV all-in on TikTok In countries with heavy social media habits, media companies have already decided to join what they cannot beat. In the Philippines, broadcaster GMA streams its news bulletin live on TikTok and urges its top journalists and presenters to create content for it. "Many journalists still don't know how to relate to ... the mostly young content creators with huge followings who do not identify as journalists - but greatly influence public opinion," Howie Severino said. Severino, a household name as host of GMA network's current affairs show i-Witness , helped found GMA's Integrated News. He fronted a social media responsibility campaign - Think Before You Click - and partnered with TikTok and the National Commission on Elections to guide people to credible election information on the 2022 Philippines elections. That collaboration won international recognition and Severino told a recent international media conference journalists needed to understand they did not have a monopoly on the facts anymore - and should not keep online influencers at arm's length. "Would a carefully curated selection of these 'influencers' benefit from exposure to journalists and conversations on the value of verification? We must hope so, but first they need to be invited. "Journalists must now serve as models and guides for everyone else on the best practices. With our audiences shrinking and scattering to millions of niches around the internet, we better hope the multitude of new voices grabbing all the attention value the truth and know how to find it." Embracing social media seems to have paid off for GMA. This year's Reuters Institute Digital News Report found GMA's online news remains the most used in the Philippines. Analytics company Tubular rated GMA the highest-ranking media and entertainment company in Southeast Asia, with almost 28 billion video views across Facebook, TikTok and YouTube in the year to August. And it is not all entertainment and clickbait. The GMA News channel on YouTube garnered 1.1 billion views - and the GMA Public Affairs channel 1.6 billion in August this year alone. Embracing TikTok does not appear to have dented its reputation. GMA Network was rated the most trustworthy news outlet in the Philippines in a national survey earlier this year . And on-air ratings for its live TV channels are also going up as well. How did GMA do it? "What felt like a gamble was using our news personalities to populate the platform and to really try out what works. They were sceptical at first," Theodore Jason Patrick Ortiz, senior social media producer at GMA, told Mediawatch at The Future of Facts, an international media conference in Manila in July. Mediawatch was part of a New Zealand delegation there with the support of the Asia New Zealand Foundation Te Whītau Tūhono. "A lot of people in the media would say that we're not supposed to be doing this for the numbers. We should be addressing the problems in the world. But in the world of social media, maybe it's the kind of content that you're creating or the way that you're presenting it that needs fixing," he said. "During the pandemic, people had this tendency to not watch or consume news content. We knew Tiktok was rising. That's why we needed to look for something like the 24 Oras challenge - our version of the teleprompter challenge. "It was a duet with the reporters, encouraging people to be a newscaster and reading a report. "And the numbers spoke for themselves. We saw new people who were rediscovering the programmes, and then there were people who were already fans in the past, who saw it again. "We reached influencers that were not necessarily engaged with our news content. One is a pageant queen who built her platform on Tiktok teaching English grammar and all that stuff. She tried this challenge that we launched, and her followers dived in. So what you're building here is actually a community." Many countries have a problem engaging young people with politics. During the 2022 Election in the Philippines, GMA used online influencers to spread the message. That sounds like a big risk for a news company. "You are taking a gamble, but you choose someone who will agree that they will not be promoting a candidate because that will really jeopardise your credibility. "We just started slowly releasing information or updates, releasing more newscast reports on this platform, in our accounts, and then that's when we started rolling out the journalists. "We don't just create the content and then be done with it. We have to maintain that kind of effort. "Basically you're exposing your news personalities to people that need to hear your message." Should networks here do the same? "Be on those platforms, sure - but be prepared for the 'rug pull' that will inevitably come when the surplus of value disappears," Griffin warned. "That will happen with TikTok. And there's concerns about the ownership (in China) of it as well and we could see Tiktok essentially banned in some countries. "Experts in how to build an audience sustainably say you need to own that audience yourself. You cannot rely on X or Facebook to look after your audience, because those algorithms will change - and their business models will be tweaked to maximize the value they can extract from you. "Suddenly you're paying thousands of dollars for advertising on Tiktok now - and it'll be millions of dollars you'll be expected to pay in future." Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.The highly anticipated release of Grand Theft Auto 6 (GTA6) has grabbed the attention of numerous industry peers, each carefully monitoring rumors and updates to prevent any potential clashes with their own major releases. As one of the most iconic and successful video game franchises of all time, GTA has cultivated a dedicated fan base and generated immense excitement with each new installment. With Rockstar Games remaining tight-lipped about the official launch date of GTA6, other game developers and publishers are on high alert to safeguard their own projects from being overshadowed or directly competing with this gaming giant.
When Inter Miami were dumped out of Major League Soccer's playoffs in the first round, their former Spain international full-back Jordi Alba questioned the fairness of the post-season format. Miami had topped the Eastern Conference and the overall regular season standings with a record points tally a performance which earned them the 'Supporters' Shield'. But there would be no title battle against the best in the West for Lionel Messi and Company after they contrived to lose two matches in their best-of-three series against an Atlanta United team which finished ninth in the East and 20th in the overall standings. "I think this format is a bit unfair. It has been done for many years but I think it should be the champion of one conference against the champion of the other, to make it as fair as possible," Alba said. Alba's comments prompted much debate among MLS fans and plenty of accusations of sour grapes but they did serve to highlight that this year's playoffs, if not MLS's playoffs in general, would certainly not be a battle of the best versus best. Defending champions Columbus Crew, who finished second in the Supporters' Shield race, were also eliminated in the first round, adding to the sense that the knockout phase of the season is very much a competition of its own. So on Saturday, after the international break disrupted the flow of the post-season, the Conference semi-finals, will see a "Hudson River Derby" between two New York teams who couldn't finish in the top 10 in the regular season. New York City, Manchester City's sister club, have home-field advantage after finishing in 13th spot while the New York Red Bulls travel from New Jersey, having ended up in 16th place. The 'home field' isn't actually NYCFC's usual home of Yankee Stadium, which is being used for a college football game, but Citi Field, home of New York's other baseball club, the Mets. Later on Saturday, in the Western Conference, 2022 MLS Cup winners and last year's beaten finalists, Los Angeles FC, are at home to the Seattle Sounders. That fixture feels much more like the kind of playoff game that was expected -- LAFC finished top of the West while Seattle were fourth. LAFC faces the Sounders for the fourth time in an elimination match over the last 13 months, having defeated Seattle in the 2023 Western Conference semifinals, the 2024 Leagues Cup quarterfinal and the 2024 US Open Cup semifinal. Each of those matches was hosted by Seattle. LAFC, with former France stars in goalkeeper Hugo Lloris and striker Olivier Giroud, enter the encounter unbeaten in their last 10 meetings with the Sounders, with their last loss to Seattle coming in a 2-0 defeat in 2021. On Sunday, surprise package Atlanta, with their 40-year-old goalkeeper Brad Guzan having impressed so many with his heroics against Miami, will return to Florida to take on Orlando City, who finished fourth in the East. Atlanta won at Orlando on the last day of the regular campaign, a victory that allowed them to sneak into the wildcard round but which also completed a home and away double for the Georgia side. "Obviously, in Major League Soccer, anything can happen," said Orlando coach Oscar Pareja. "Our responsibility is to play one game at a time. This one, we're going to be ready for sure," he added. The weekend rounds off with Los Angeles Galaxy hosting Minnesota United who, under former Manchester United assistant coach Eric Ramsay, came through a best-of-three series against higher-ranked Real Salt Lake. The Galaxy start as favourites but, as this season has shown in abundance, that counts for little. "We know they are a top team at this level with top individual players who are very difficult to beat at home but...I feel that if we are a good version of what we have been over the last 10-12 games... I certainly won't be painting it as a one sided game," said Ramsay. sev/jsMoreover, she highlights the critical role of diplomatic engagement and multilateral cooperation in finding a political solution to the Syrian crisis. By fostering dialogue among key stakeholders, including the Syrian government, opposition groups, and regional powers, there is a glimmer of hope for a negotiated settlement that could pave the way for sustainable peace and stability in the war-torn nation.During the holiday season, while many people choose to take a break and relax, the Head Coach of Chengdu, Xu Zhengyuan, embarked on a unique journey to the English Premier League to observe a match and reunite with his old friend Park Jisung. This unexpected reunion between the two prominent figures in the world of football has captured the attention of fans and enthusiasts around the globe.
Additionally, the reputation and track record of Momenta in the autonomous driving industry play a significant role in attracting automakers to collaborate with the startup. Momenta has established itself as a frontrunner in autonomous driving software innovation, with a proven track record of successful partnerships and deployments. This track record instills confidence in automakers and reassures them of Momenta's capabilities to deliver reliable and high-performance autonomous driving solutions for their vehicles.JUSTIN, Texas, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company today announced the company has furloughed 82 employees, both salaried and hourly, and idling its factories in Oklahoma while it works to finalize securing the capital necessary to move forward with its operations. The company is in advanced discussions with various capital sources. Canoo said, “We regret having to furlough our employees, especially during the holidays, but we have no choice at this point. We are hopeful that we will be able to bring them back to work soon.” About Canoo Founded in 2017, Canoo Inc. (NASDAQ: GOEV) is an automotive tech company that manufactures electric cargo vehicles, built to deliver, for large commercial, government and fleet customers globally. The company has developed design-forward innovative electric vehicles with steer-by-wire technology on its common modular platform with end-to-end software plus power solutions. Canoo’s platform is purpose-built to maximize the vehicle interior space and is customizable to support a wide range of business and government applications. Headquartered in Justin, Texas, Canoo has teams located in California, Michigan and Oklahoma with world-class vehicle and battery facilities in Oklahoma City. For more information please visit www.canoo.com and investors.canoo.com . Forward-Looking Statements The information in this press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward- looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements about our plans, expectations and objectives with respect to the results and timing of the reverse stock split and the effect the reverse stock split will have on the Company’s ability to regain compliance with the Nasdaq Listing standards. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Canoo's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Canoo. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; Canoo's ability to access future capital, via debt or equity markets, or other sources; the rollout of Canoo's business and the timing of expected business milestones and commercial launch; future market adoption of Canoo's offerings; risks related to Canoo's go-to-market strategy and manufacturing strategy; the effects of competition on Canoo's future business, and those factors discussed under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Canoo's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission (the "SEC") on April 1, 2024, as well as its past and future Quarterly Reports on Form 10-Q and other filings with the SEC, copies of which may be obtained by visiting Canoo's Investors Relations website at investors.canoo.com or the SEC's website at www.sec.gov. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Canoo does not presently know or that Canoo currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Canoo's expectations, plans or forecasts of future events and views as of the date of this press release. Canoo anticipates that subsequent events and developments will cause Canoo's assessments to change. However, while Canoo may elect to update these forward-looking statements at some point in the future, Canoo specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Canoo's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. Media Contact press@canoo.com Investor Relations Contact IR@canoo.com
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The incident reignited debates about the perception of world leaders and the role that personal style plays in shaping public opinion. Some argue that a leader's attire should not be a determining factor in assessing their capabilities or effectiveness, while others believe that a polished and professional appearance is crucial in projecting authority and respect.