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2025-01-12
TORONTO (AP) — Prime Minister Justin Trudeau told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian products , a Canadian minister who attended their recent dinner said Monday. Trump threatened to impose tariffs on products from Canada and Mexico if they don’t stop what he called the flow of drugs and migrants across their borders with the United States. He said on social media last week that he would impose a 25% tax on all products entering the U.S. from Canada and Mexico as one of his first executive orders. Canadian Public Safety Minister Dominic LeBlanc, whose responsibilities include border security, attended a dinner with Trump and Trudeau at Trump’s Mar-a-Lago club on Friday. Trudeau requested the meeting in a bid to avoid the tariffs by convincing Trump that the northern border is nothing like the U.S. southern border with Mexico . "The prime minister of course spoke about the importance of protecting the Canadian economy and Canadian workers from tariffs, but we also discussed with our American friends the negative impact that those tariffs could have on their economy, on affordability in the United States as well," LeBlanc said in Parliament. If Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation. Economists say companies would have little choice but to pass along the added costs, dramatically raising prices for food, clothing, automobiles, alcohol and other goods. The Produce Distributors Association, a Washington trade group, said last week that tariffs will raise prices for fresh fruit and vegetables and hurt U.S. farmers when the countries retaliate. Canada is already examining possible retaliatory tariffs on certain items from the U.S. should Trump follow through on the threat. After his dinner with Trump, Trudeau returned home without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner. Trump called the talks “productive” but signaled no retreat from a pledge that Canada says unfairly lumps it in with Mexico over the flow of drugs and migrants into the United States. “The idea that we came back empty handed is completely false,” LeBlanc said. “We had a very productive discussion with Mr. Trump and his future Cabinet secretaries. ... The commitment from Mr. Trump to continue to work with us was far from empty handed.” Joining Trump and Trudeau at dinner were Howard Lutnick, Trump’s nominee for commerce secretary, North Dakota Gov. Doug Burgum, Trump’s pick to lead the Interior Department, and Mike Waltz, Trump’s choice to be his national security adviser. Canada’s ambassador to the U.S., Kirsten Hillman, told The Associated Press on Sunday that “the message that our border is so vastly different than the Mexican border was really understood.” Hillman, who sat at an adjacent table to Trudeau and Trump, said Canada is not the problem when it comes to drugs and migrants. On Monday, Mexico’s president rejected those comments. “Mexico must be respected, especially by its trading partners,” President Claudia Sheinbaum said. She said Canada had its own problems with fentanyl consumption and “could only wish they had the cultural riches Mexico has.” Flows of migrants and seizures of drugs at the two countries’ border are vastly different. U.S. customs agents seized 43 pounds of fentanyl at the Canadian border during the last fiscal year, compared with 21,100 pounds at the Mexican border. Most of the fentanyl reaching the U.S. — where it causes about 70,000 overdose deaths annually — is made by Mexican drug cartels using precursor chemicals smuggled from Asia. On immigration, the U.S. Border Patrol reported 1.53 million encounters with migrants at the southwest border with Mexico between October 2023 and September 2024. That compares to 23,721 encounters at the Canadian border during that time. Canada is the top export destination for 36 U.S. states. Nearly $3.6 billion Canadian (US$2.7 billion) worth of goods and services cross the border each day. About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports as well. Canada is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager for and investing for national security.By JUAN A. LOZANO, Associated Press HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some former employees who lost everything in Enron’s collapse aren’t laughing. “It’s a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?” said former Enron employee Diana Peters, who represented workers in the company’s bankruptcy proceedings. Here’s what to know about the history of Enron and the purported effort to bring it back. Once the nation’s seventh-largest company, Enron filed for bankruptcy protection on Dec. 2, 2001, after years of accounting tricks could no longer hide billions of dollars in debt or make failing ventures appear profitable. The energy company’s collapse put more than 5,000 people out of work, wiped out more than $2 billion in employee pensions and rendered $60 billion in Enron stock worthless. Its aftershocks were felt throughout the energy sector. Twenty-four Enron executives , including former CEO Jeffrey Skilling , were eventually convicted for their roles in the fraud. Enron founder Ken Lay’s convictions were vacated after he died of heart disease following his 2006 trial. On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release that it was relaunching as a “company dedicated to solving the global energy crisis.” It also posted a video on social media, advertised on at least one Houston billboard and a took out a full-page ad in the Houston Chronicle In the minute-long video that was full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” Enron’s new website features a company store, where various items featuring the brand’s tilted “E” logo are for sale, including a $118 hoodie. In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but that “We’ll have more to share soon.” Signs point to the comeback being a joke. In the “terms of use and conditions of sale” on the company’s website, it says “the information on the website about Enron is First Amendment protected parody, represents performance art, and is for entertainment purposes only.” Documents filed with the U.S. Patent and Trademark Office show that College Company, an Arkansas-based LLC, owns the Enron trademark. The co-founder of College Company is Connor Gaydos, who helped create a joke conspiracy theory that claims all birds are actually surveillance drones for the government. Peters said that since learning about the “relaunch” of Enron, she has spoken with several other former employees and they are also upset by it. She said the apparent stunt was “in poor taste.” “If it’s a joke, it’s rude, extremely rude. And I hope that they realize it and apologize to all of the Enron employees,” Peters said. Peters, who is 74 years old, said she is still working in information technology because “I lost everything in Enron, and so my Social Security doesn’t always take care of things I need done.” “Enron’s downfall taught us critical lessons about corporate ethics, accountability, and the consequences of unchecked ambition. Enron’s legacy was the employees in the trenches. Leave Enron buried,” she said. Follow Juan A. Lozano on X at https://x.com/juanlozano70golden 777 slots



The Pittsburgh Steelers have had a very successful season so far in 2024, and a big reason for that is some of the additions made by General Manager Omar Khan . Offseason signings like Patrick Queen and DeShon Elliott have proved to be very beneficial, as has the impeccable 2024 draft class. The additions didn't stop once the season began, as Khan made deals to acquire both Mike Williams and Preston Smith when the trade deadline rolled around. Khan was looking for a receiver to pair with George Pickens since the start of training camp, and he finally found a strong candidate in Williams. Pittsburgh acquired him from the New York Jets for a fifth-round pick, and the trade paid immediate dividends for the Steelers as Williams caught the game-winning touchdown against the Washington Commanders. This was the receiver's first game with Pittsburgh, and many fans thought it was a sign of what was to come. However, that has not been the case. Williams has barely been featured since scoring at Northwest Stadium, and it is starting to become a concern. Head Coach Mike Tomlin held his weekly press conference on Tuesday, and was asked what it will take to get Williams involved in the passing game. "It's going to happen," Tomlin said. "It's simply a matter of time. I was really encouraged by the play-making that he made during the week in preparation for the game. Often times when you're making plays in preparation, it ultimately shows up in play, and so I don't think any of us are pushing the panic button in that regard. I think all of us are just anxiously awaiting what we're looking at day-to-day, to turn up with a higher level consistency, in stadium, in terms of the opportunity." Tomlin states that Williams has been making plays in practice, but he has only been targeted once throughout the four games he has played with the Steelers. He hauled that one pass in for a 32-yard touchdown, but he has gone without seeing the ball in the three games since then. If Williams has been making great plays during practice, he should be on the field in games more often. The wide receiver's snap total has steadily decreased over the last three games, and guys like Van Jefferson are seeing more snaps and targets than him. Over the last three contests, Williams has played 25 snaps, 19 snaps, and 17 snaps, respectively. It is hard to get a lot of production out of a guy who is consistently on the field for less than 30 percent of a team's offensive plays. The good news is that Williams doesn't seem to care, and he just wants to win. He took to social media after the Steelers beat the Cincinnati Bengals in Week 13, and the veteran receiver seems just to be happy to be on a team that has a chance to win their division, which is something he has never done in his career. Steelers Could Be Waiting To Unleash Mike Williams There is the slight chance that the coaching staff is not playing Williams or scheming him open when he is in the game as a strategic play. Pittsburgh has big games at the end of the season against the Baltimore Ravens, Philadelphia Eagles, and Kansas City Chiefs, and Tomlin might not want to put Williams on tape until they get to that gauntlet. It is a lot harder to plan for an offense when the defense has no idea how the offense will use some of their weapons, and Tomlin might just be keeping Williams under wraps until he needs him to produce. Fans should certainly expect to see more of the receiver, especially as the playoffs begin to approach. This article first appeared on SteelerNation.com and was syndicated with permission.Biden's broken promise on pardoning his son Hunter is raising new questions about his legacy WASHINGTON (AP) — President Joe Biden’s decision to go back on his word and pardon his son Hunter wasn't all that surprising to those who are familiar with the president's devotion to his family. But by choosing to put his family first, the 82-year-old president has raised new questions about his legacy. Biden has held himself up as placing his respect for the American judicial system and rule of law over his own personal concerns. It was part of an effort to draw a deliberate contrast with Republican Donald Trump. Now, both his broken promise and his act of clemency are a political lightning rod. Some Democrats are frustrated over Joe Biden reversing course and pardoning his son Hunter ATLANTA (AP) — Already reeling from their November defeat at the polls, Democrats now are grappling with President Joe Biden's pardoning of his son for a federal felony conviction — after the party spent years slamming Donald Trump as a threat to democracy who operates above the law. The White House on Monday struggled to defend the pardon, claiming the prosecution was politically motivated — a page out of Trump's playbook. That explanation did not satisfy some Democrats who are angry that Biden’s reversal could make it harder to take on Trump. Hezbollah fires into Israel-held area after multiple Israeli strikes in Lebanon since truce began JERUSALEM (AP) — Hezbollah fired into a disputed border zone held by Israel after multiple Israeli strikes inside Lebanon since a ceasefire took hold last week. The militant group said the volley, its first during the truce, was a warning shot in response to what it called repeated Israeli violations. Israeli leaders threatened to retaliate, further straining the fragile U.S.- and French-brokered ceasefire. Israeli strikes in recent days, including a string of hits on Monday, have killed at least four people in Lebanon. U.S. officials said the ceasefire was largely holding. Key players in Syria's long-running civil war, reignited by a shock rebel offensive BEIRUT (AP) — Syria’s civil war has exploded back onto the world stage after insurgents poured out of their main bastion in northwestern Syria and seized large parts of nearby Aleppo, Syria’s largest city, and dozens of nearby towns and villages.. The insurgents offensive triggered the heaviest clashes in the country since a March 2020 cease-fire brokered by Turkey and Russia, who back rival sides in the conflict. Five countries have military presence in Syria including the U.S. that has troops deployed in the country’s east, Turkey that controls parts of northern Syria, Israel that has presence in the Golan Heights and Russia and Iran that have been a main backer of Syrian President Bashar Assad. Great Lakes region gets yet more snow after a weekend of snarled Thanksgiving travel Some storm-weary residents of the Great Lakes region saw additional snow and faced the prospect of even more accumulations this week. Lake-effect snow continued to fall on parts of western New York that were already blanketed with a foot or more over the past four days. Lake-effect snow warnings were in effect through Tuesday night in parts of Ohio, New York and Pennsylvania. Snow showers fell in western Michigan overnight, and heavier, persistent snow of up to a foot was expected to follow Monday. Stock market today: Rising tech stocks pull Wall Street to another record NEW YORK (AP) — Technology stocks pulled Wall Street to another record amid mixed trading. The S&P 500 rose 0.2% Monday after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared after saying an investigation found no evidence of misconduct by its management or the company’s board. Retailers were mixed coming off Black Friday and heading into what’s expected to be the best Cyber Monday on record. Treasury yields held relatively steady in the bond market. A top Fed official leans toward December rate cut but says it depends on economic data WASHINGTON (AP) — A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view. Speaking at George Washington University, Christopher Waller, a key member of the Fed’s Board of Governors, said he was confident that inflation is headed lower and that the central bank will likely keep reducing its key rate, which affects many consumer and business loans. But he noted that there’s a risk that inflation “may be getting stuck above” the Fed’s 2% target, which would support an argument for keeping the Fed’s rate unchanged this month. More than 3 million travelers screened at US airports in a single day. That's a record Travelers heading home after the Thanksgiving holiday are setting a record. The Transportation Security Administration says that it screened nearly 3.1 million travelers on Sunday, breaking the previous record by about 74,000. That mark was set on July 7, also a Sunday after a holiday, July Fourth. Hundreds of thousands of travelers were delayed or had their flights canceled. FlightAware says more 6,800 flights were delayed on Sunday, with the highest numbers at Hartsfield–Jackson Atlanta International Airport and Chicago’s O’Hare Airport. Panic among spectators at soccer game kills at least 56 in the West African nation of Guinea CONAKRY, Guinea (AP) — Officials and witnesses say chaos erupted at a soccer game in Guinea after fans protested a referee’s call and thousands of panicked spectators tried to flee the stadium, leaving at least 56 people dead in the West African nation. Local news website Media Guinea reported that security forces used tear gas. A journalist covering the game for a local sports website tells The Associated Press many of the dead were crushed as they tried to escape through the stadium gates. The world’s latest sports crowd disaster unfurled Sunday in the second-largest city in the military-run nation. Information there is sparse and government-controlled at the best of times. It was not immediately clear how much the death toll could grow.

The Wiretap: AI Is Already Supercharging Cyberattacks, Warns Government Minister

Inari Medical Announces Joint Venture in Greater ChinaTeddy Bridgewater seemingly had seen enough of the league that made him a name, but now, he’s back for more. Minnesota Vikings fans have a long history with Teddy Bridgewater. New Orleans Saints fans are also familiar with the quarterback as well as the Denver Broncos . Since he retired from football following the 2023 season, many analysts have made recommendation for Bridgewater . From the Steelers to the Los Angeles Chargers, Bridgewater seemingly had a multitude of potential great fits , but he chose to stay out of the spotlight. That is, until now. Teddy Bridgewater’s remarkable NFL story receives additional chapter The Detroit Lions have picked up the quarterback, per the NFL Insiders podcast via Sports Illustrated . Bridgewater’s most recent time in the NFL was with the Lions, but he’s ready to get back to work with the playoffs on the team’s doorstep. Speaking to reporters per Lions reporter Dave Birkett on Twitter/X on December 26, Campbell claimed his addition to the quarterback room provided no change for incumbent backup quarterback Hendon Hooker. Campbell claimed he would play both quarterbacks if he needed to. Teddy Bridgewater’s comeback for the ages The former Vikings quarterback was drafted in 2015 with the last pick of the first round. He quickly showed the ability to win in his rookie and second year, getting within a Blair Walsh field goal of knocking the Seattle Seahawks out of the 2015 playoffs during their Legion of Boom run in the 20-teens. However, after losing the game, Bridgewater’s next notable cliffnote with the team would be a disaster. The quarterback suffered a non-contact knee injury at practice the following August, sidelining him for the entire 2016 season. Bridgewater eventually worked his way back into health for a brief appearance in 2017, but he had missed his opportunity with the team, working as their backup. In 2018, Bridgewater joined Sean Payton and the New Orleans Saints, playing just one game for the team. However, his biggest break in years would come in 2019 when he got the chance to stand in for an injured Drew Brees, going 5-0, per Pro Football Reference. The performance elevated his stock, giving the opportunity to start for the Carolina Panthers in 2020, but he went 4-11. Still, getting back into the starting role was an accomplishment by itself. That was when the Denver Broncos came calling, looking for a quarterback to challenge Drew Lock for the starting role. Bridgewater won the job, going 7-7 in his last big NFL season, completing an impressive comeback. All in all, he went from getting selected in the first round, losing his way for four years, and then getting back into the starting saddle to bring back the struggling Denver Broncos to .500 in games he started. He signed with the Detroit Lions in 2023, before later announcing his retirement. Now he is back on the roster, and could even end up playing in the Super Bowl. This article first appeared on NFL Analysis Network and was syndicated with permission.

Frustrating search for gunman who killed UnitedHealthcare CEO enters fifth day

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(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Maximilian Brichta , University of Southern California (THE CONVERSATION) Rockets aren’t the only thing Elon Musk is sending into the stratosphere. After a three-year plummet, Dogecoin is blasting off again , jumping 250% since the election of Donald Trump – part of a broader wave of optimism in the industry , due to Trump’s courting of crypto advocates during his campaign. Trump’s informal appointment of Musk to what he calls the Department of Government Efficiency – D.O.G.E for short – also helped pump the dog-themed meme coin . This isn’t the first time Musk, who styles himself as “ the Dogefather ,” has fueled interest in Dogecoin. In May 2021, its price shot up in anticipation of Musk’s guest appearance on “Saturday Night Live.” During one skit, Musk played a financial analyst in conversation with a Weekend Update host, who repeatedly asked him, “What is Dogecoin?” After some obfuscation, Musk’s character finally admitted that it was a hustle. The price of the coin went into a freefall . Just over a year later, it had shed over 90% of its peak value . The losses hit small investors hard. In 2022, one of them filed a class action lawsuit against Musk for market manipulation and insider trading, though the case was dismissed in August 2024. Why has Dogecoin – a meme coin that was never meant to be taken seriously as an investment – seen such extreme swings in value? We’re all in this together Dogecoin was launched in 2013 to spoof bitcoin and a slew of other cryptocurrencies that were claiming to disrupt the traditional world of finance. Two strangers from across the globe met online , copied the code of an existing coin, and branded it with the already popular Doge internet meme – a picture of a Shiba Inu dog surrounded by fragments of broken English: “wow much coin.” Although their main goal was to make the coin pointless and undesirable, it became one of the most popular and enduring cryptocurrencies on the market. Following Dogecoin’s previous surge in 2021, I studied how its fervent network of influencers and everyday investors worked together to draw tremendous attention – and capital – to the joke currency. To understand the appeal of these absurd investments, you have to look at the time and energy that users invest into these networks and the rewards, both financial and social, they get in return. Meme coins are collaborative enterprises. Members of these online communities have an economic incentive to become outspoken boosters: The more the value of Dogecoin rises, the more their investments grow. But they also receive social validation from other meme coin investors when they pump up the coin. In other words, behind every meme coin is a collective of strangers on a communal mission to make more money. Dogecoin and its imitators have been described by their leadership as crypto movements , shared journeys and community-owned projects. Beyond branding the assets with culturally resonant images, whether it’s a Shiba Inu dog or Pepe the Frog , successful crypto ventures are characterized by complex webs of trust. Trust in the technology. Trust in its potential for future appreciation. And trust that those holding power in the networks won’t exploit the rest. This loyalty is woven among a global network of users who collaborate around the clock to promote their coin and demonstrate their unwavering commitment to its success. In times of price appreciation, the collective buzzes with elation . During price dips, community members mutually reinforce their comrades’ – and their own – beliefs that this is just a bump in the road and that their collective efforts will eventually lead to a handsome payoff. Even in the coldest of crypto winters , this ritualistic behavior helps these speculative communities endure. Community serves as a substitute for financial loss. The investment strategies in these communities – and the conviction in their payoff – involve repeating and reposting what others have said, like any traditional internet meme. Trolling traditional valuation The real value of meme coins cannot be understood in the same way as traditional assets, such as stocks and physical commodities. These types of assets have fundamentals, such as a company’s financial statements, or public demand for basic goods, from coffee to oil. Conversely, the fundamentals of meme coins are reflected in their network activity, such as daily active users, and less concrete metrics, such as social sentiment and mindshare – how much public awareness a coin has generated compared with its rivals. Of course, the valuations of traditional assets are also affected by these social factors. The difference is that meme coins offer little by way of productive activity. They add nothing to the economy. Occasionally, their leadership will build financial services around them , but these are generally added as afterthoughts, especially as a way to drum up more speculative excitement. Meme coins troll the traditional conventions of valuation and mock the edicts and dogmas of mainstream investors. And that’s exactly the point. Participation in meme coin communities – or any crypto community, for that matter – entails embracing an alternative economic experience. They are speculative sandboxes for playing outside of the conventional rules of investment. Who let the Doge out? Musk is the quintessential meme coin influencer. As the richest man in the world, he’s viewed by many as a paragon of savvy investing. His massive following extends far beyond Dogecoin’s social network. And his promotional efforts are playful – so playful that the judge in his class-action case dismissed his Dogecoin tweets as mere “puffery” and that “no reasonable investor could rely upon them.” Dogecoin previously reached the peak of its memetic momentum when Musk appeared on “Saturday Night Live.” Now, instead of sitting at the Weekend Update news desk cracking jokes, he’s sitting in Trump’s office advising the president-elect. In other words, Dogecoin’s memetic resonance has ascended from pop culture to politics, helping it capture a bigger slice of the public’s mindshare. While Dogecoin has specifically benefited from Musk’s proximity to Trump, the broader crypto market is leaping with optimism for a crypto-friendly administration. Speaking at the Bitcoin 2024 conference in July, the GOP candidate ensured he’d make the United States “ the crypto capital of the planet .” After pouring $131 million into this election cycle , the crypto industry can now claim 274 pro-crypto members of the U.S. House of Representatives and 20 pro-crypto U.S. senators. Between Musk buddying up with Trump and a shifting regulatory environment, the dog can once again run free. This article is republished from The Conversation under a Creative Commons license. Read the original article here: https://theconversation.com/dogecoin-is-a-joke-so-whats-behind-its-rally-243686 .

Ruben Amorim fires four-word 'storm' warning to Man Utd rivals and addresses Arsenal gapBy JUAN A. LOZANO, Associated Press HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some former employees who lost everything in Enron’s collapse aren’t laughing. “It’s a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?” said former Enron employee Diana Peters, who represented workers in the company’s bankruptcy proceedings. Here’s what to know about the history of Enron and the purported effort to bring it back. Once the nation’s seventh-largest company, Enron filed for bankruptcy protection on Dec. 2, 2001, after years of accounting tricks could no longer hide billions of dollars in debt or make failing ventures appear profitable. The energy company’s collapse put more than 5,000 people out of work, wiped out more than $2 billion in employee pensions and rendered $60 billion in Enron stock worthless. Its aftershocks were felt throughout the energy sector. Twenty-four Enron executives , including former CEO Jeffrey Skilling , were eventually convicted for their roles in the fraud. Enron founder Ken Lay’s convictions were vacated after he died of heart disease following his 2006 trial. On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release that it was relaunching as a “company dedicated to solving the global energy crisis.” It also posted a video on social media, advertised on at least one Houston billboard and a took out a full-page ad in the Houston Chronicle In the minute-long video that was full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” Enron’s new website features a company store, where various items featuring the brand’s tilted “E” logo are for sale, including a $118 hoodie. In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but that “We’ll have more to share soon.” Signs point to the comeback being a joke. In the “terms of use and conditions of sale” on the company’s website, it says “the information on the website about Enron is First Amendment protected parody, represents performance art, and is for entertainment purposes only.” Documents filed with the U.S. Patent and Trademark Office show that College Company, an Arkansas-based LLC, owns the Enron trademark. The co-founder of College Company is Connor Gaydos, who helped create a joke conspiracy theory that claims all birds are actually surveillance drones for the government. Peters said that since learning about the “relaunch” of Enron, she has spoken with several other former employees and they are also upset by it. She said the apparent stunt was “in poor taste.” “If it’s a joke, it’s rude, extremely rude. And I hope that they realize it and apologize to all of the Enron employees,” Peters said. Peters, who is 74 years old, said she is still working in information technology because “I lost everything in Enron, and so my Social Security doesn’t always take care of things I need done.” “Enron’s downfall taught us critical lessons about corporate ethics, accountability, and the consequences of unchecked ambition. Enron’s legacy was the employees in the trenches. Leave Enron buried,” she said. Follow Juan A. Lozano on X at https://x.com/juanlozano70Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000

zkMe Network Celebrates Second Anniversary, Announces Strategic Ecosystem Rewards Program for 2025 12-02-2024 11:58 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Getnews / PR Agency: LianPR Image: https://www.getnews.info/uploads/8c93e174729b63b281265de5934ee77c.jpg zkMe [ https://www.zk.me/ ] Network celebrates its second anniversary with significant ecosystem growth and technological advancement, marking the occasion with the launch of a strategic ecosystem rewards program and plans for a comprehensive tokenomics model in 2025. As a decentralized identity infrastructure powered by zero-knowledge proofs, zkMe provides private and secure identity verification with enhanced data protection. The platform enables users to authorize multi-chain applications with a single verification, serving as an all-in-one identity solution across chains.Through its decentralized node network, zkMe Network ensures transparent verification processes while allowing users to maintain control of their data and earn rewards from credential sharing. As the Web3 industry navigates increasing regulatory requirements, with the EU's MiCA regulations taking effect in 2025, zkMe's zero-knowledge proof technology continues to set the standard for privacy-preserving compliance solutions. The platform's innovative approach has earned recognition from leading investment firms, securing over $6 million in total funding, including a recent $4 million seed round led by Multicoin Capital with participation from OKX Ventures and Robot Ventures. "In the digital age, privacy data may be your most valuable personal asset," states Alex Scheer, Founder and CEO of zkMe. Born in Germany, Alex's vision for data sovereignty emerged from deep reflection on digital privacy. "Every day, we leave digital footprints through transactions, investments, and social interactions in the blockchain ecosystem. While these activities create value, they can also become vulnerabilities that expose our personal information. This profound understanding of digital privacy challenges drove our team to establish zkMe as a global privacy solution," Alex explains. Perhaps what's most striking about zkMe is the team's approach to building. "Think of us as modern digital craftsmen," Alex shares with enthusiasm. "We have the precision of German engineering but move at Web3 speed. While others might focus on crafting fancy narratives, we hands-on build identity infrastructure that deploys advanced identity solutions across 20+ major blockchain networks. Self-sovereign identity, value-generating data sharing, and decentralized privacy are not just goals-they're our foundations." In crypto, you need to be fast AND flawless - that's the standard we've set for ourselves." This patient, methodical approach has served them well in an industry often characterized by hype cycles. The team's market assessment quickly proved accurate. "The market response has been remarkable," Alex explains. "We're seeing users actively seek out our privacy-preserving solution, especially given their growing concerns about identity data breaches. Leading investors have also recognized this potential, backing our vision with their support. These strong signals confirm what we believed from the start - that decentralized identity verification would become essential for the future of Web3." zkMe has established partnerships with more than 70 Web3 projects across various sectors, including Real-World Asset (RWA) integration, On-and-Off-ramps platforms such as Plume and Xion Global, as well as DeFi and Gaming Infrastructure projects like KyberSwap, Hinkal, Singularity, and CARV. The platform's mobile application has reached 33,090 downloads and processed over 660,000 user attestations, demonstrating strong user adoption and market demand. The company's technological infrastructure features several key innovations: Zero-knowledge proofs (ZKP): A decentralized identity network powered by zero-knowledge proofs, enabling private verification while meeting compliance requirements Reusable credentials: An all-in-one identity verification solution that unlocks multi-chain application access with just one verification zkMe Identity Network [ https://www.zk.me/zkkyc]: A decentralized network that ensures transparent verification processes while allowing users to control their data and earn rewards from credential sharing Looking ahead to 2025, zkMe will introduce a comprehensive tokenomics model that aligns ecosystem value with participant contributions. The platform has developed a strategic framework that focuses on three key pillars: * Early supporters will receive ecosystem rewards through a structured incentive mechanism * Active users will gain priority rights in future value distribution events * Data contributors will benefit from a sustainable value-sharing system The robust technological foundation enables zkMe to deliver unique value across the entire Web3 ecosystem. For users, the platform ensures true data sovereignty, enabling both secure verification and value capture through reusable credentials. Projects benefit from streamlined compliance infrastructure that dramatically reduces KYC costs while eliminating data breach risks. Meanwhile, developers can leverage a comprehensive SDK and API suite for rapid ecosystem integration and expansion. As zkMe marks its second anniversary milestone, the platform acknowledges the crucial role of community support in its development journey. The upcoming year promises to be transformative, as the maturation of tokenomics and decentralized governance structures will usher in a season of unprecedented rewards for early contributors. Through these concrete actions, zkMe demonstrates that in this era of possibilities, privacy and compliance are not mutually exclusive choices but complementary forces driving industry advancement. "We're not just solving current identity verification challenges," Alex emphasizes, outlining a grander vision. "Through self-sovereign identity management, users will actively match services and discover opportunities, truly creating value from their own data. This embodies the real spirit of Web3 - decentralization and anonymity while giving users complete control over their digital assets and identity data." About zkMe zkMe builds zk Identity Oracles [ https://www.zk.me/identity-oracle ] for truly decentralized & anonymous cross-chain credential verifications. No personal information is ever processed by anyone but the user themselves. Data leaks & misuse by the service provider are impossible; full interoperability & reusability result in a superior ID solution. zkMe is the only FATF compliant KYC provider to be fully decentralized, offering a full suite of products from anti-bit/anti-sybil, to KYC and more. Contacts: Email: contact@zk.me Website: www.zk.me [ http://www.zk.me/ ] Twitter: @zkme_ [ https://x.com/zkme_ ] Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements. Media Contact Company Name: ZkMe Contact Person: Johnny Chan Email: Send Email [ http://www.universalpressrelease.com/?pr=zkme-network-celebrates-second-anniversary-announces-strategic-ecosystem-rewards-program-for-2025 ] State: Hong Kong Country: China Website: http://www.zk.me This release was published on openPR.

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