Lara Trump removes her name from the US Senate consideration list. The US president-elect Donald Trump 's daughter-in-law, Lara Trump, has removed her name from consideration for a Senate seat, as quoted in a report by BBC. ET Year-end Special Reads Gold outshines D-St with 20% returns, but 2025 may be different The year of the pause: How RBI maneuvered its policy in 2024 2024, the year India defeated China's salami-slicing strategy Her resignation as co-chairwoman of the Republican National Committee (RNC) this month stoked rumours that she would succeed outgoing Florida Republican Senator Marco Rubio, whom Trump has nominated for secretary of state. She stated, however, that she had eliminated herself from consideration after an incredible amount of thought, contemplation, and encouragement from so many in a post on X. In order to complete Rubio's six-year term, which expires in 2026, she said she hoped Florida Governor Ron DeSantis would be successful in selecting a replacement by hand. Lara Trump wrote on X on Saturday that she could not have been more honoured to serve as RNC co-chair during the most high-stakes election of their lifetime and she is truly humbled by the unbelievable support shown to her by the people of their country, and here in the great state of Florida. 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View Program Artificial Intelligence(AI) AI for Everyone: Understanding and Applying the Basics on Artificial Intelligence By - Ritesh Vajariya, Generative AI Expert View Program Without providing any additional information, she stated that she would make a significant announcement in January. The election of Lara Trump as co-chair of the RNC in March cemented her father-in-law's power within the party during his presidential campaign. She became one of the most prominent campaign surrogates for the Republican candidate in the lead-up to the election, along with her husband, Trump's son Eric, and his older brother Don Jr. FAQs Why did Lara Trump withdraw from the Senate campaign? Lara Trump decided to take a step back after careful consideration and encouraged Florida Governor Ron DeSantis to choose a replacement for Marco Rubio's Senate seat. What is Lara Trump's big announcement for January? Lara Trump has hinted at a significant announcement in January, but she has yet to provide any details. ET Year-end Special Reads An Indian's guide to moving abroad as the world looks for 'better' immigrants The year of the HNIs: How India's rich splurged in 2024 (You can now subscribe to our Economic Times WhatsApp channel )U.S. District Court Awards 10x Genomics Permanent Injunction in Patent Infringement Lawsuit Against Bruker Corporation's GeoMx Products
Opposition questions govt for 'not granting' special place for Manmohan Singh's funeralWarning: This story and video contain material that may be disturbing to some viewers. Second Cup Café has closed one of its franchise locations in Montreal following allegations of hateful remarks and gestures made by the franchisee in a video that was widely circulated online during a pro-Palestinian protest on Thursday. The franchise was located at the Jewish General Hospital. In a statement shared on its social media accounts, the coffee chain said the franchisee’s actions breached their agreement and violated the company’s values of inclusion and community. “Second Cup has zero tolerance for hate speech. In coordination with the hospital, we’ve shut down the franchisee’s café and are terminating their franchise agreement,” the company said. The footage shows a woman wearing a keffiyeh, black sunglasses, and a medical mask, chanting “the final solution is coming your way.” The video also appears to show the same woman giving a Nazi salute during the protest. Peter Mammas, the President of Foodtastic, Second Cup’s parent company, told CTV News that they were made aware of the video on Saturday afternoon. Mammas said several employees identified the woman in the video as Mai Abdulhadi, the franchisee of the Second Cup café at the hospital. “Right after I found out, I actually called the president of the hospital, and we had a discussion, and we assured them that we would do the right thing, and that's what we proceeded to do,” Mammas said. In a statement to CTV News, the CIUSSS West-Central Montreal, which oversees the Jewish General Hospital, said they support Second Cup’s decision to terminate the franchise agreement “We fully support Second Cup’s decision to take swift and decisive action in this matter.” The statement goes on to say that the organization is deeply committed to fostering a culture of inclusion and stands firmly against anti-Semitism and all forms of discrimination and hate speech. On Sunday afternoon, Second Cup said it would retain and continue to pay the franchise’s staff until new management is in place at the Jewish General Hospital location. CTV News has been unable to reach Abdulhadi for comment. Her social media accounts have been disabled. Hundreds of protesters gathered outside Concordia University on Thursday after nearly 85,000 students across Quebec voted in favour of a two-day “strike” to demand that their institutions divest from companies they allege have ties to Israel and weapons manufacturers, and to call for an end to the siege on Gaza. On Friday, three protesters were arrested after an anti-NATO protest turned violent, with windows being smashed and cars set on fire. An SPVM spokesperson confirmed the arrest of a 22-year-old woman for obstructing police work and assaulting an officer, as well as two men, ages 22 and 28, for obstructing police. All three were released and will appear in court at a later date. More arrests are expected. Politicians from the prime minister’s cabinet, opposition parties, and Quebec leaders condemned the violence during Friday’s anti-NATO demonstration.
SUNNYVALE, Calif., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Ceribell, Inc. (Nasdaq: CBLL) (“Ceribell”), a medical technology company focused on transforming the diagnosis and management of patients with serious neurological conditions, today announced that Jane Chao, Ph.D., CEO and Co-founder, will present at the upcoming 43 rd Annual J.P. Morgan Healthcare Conference. The presentation will take place on Monday, January 13, 2025, at 7:30 a.m. Pacific Standard Time. Event: 43 rd Annual J.P. Morgan Healthcare Conference Date: Monday, January 13, 2025 Time: 7:30 a.m. PST A live and archived webcast of the presentation will be available in the "Investor Relations" section of the Ceribell website at https://investors.ceribell.com/ . About Ceribell, Inc. Ceribell has developed the Ceribell System, a novel, point-of-care electroencephalography (“EEG”) platform specifically designed to address the unmet needs of patients in the acute care setting. By combining proprietary, highly portable, and rapidly deployable hardware with sophisticated artificial intelligence (“AI”)-powered algorithms, the Ceribell System enables rapid diagnosis and continuous monitoring of patients with neurological conditions. The Ceribell System is FDA 510(k) cleared for indicating suspected seizure activity and currently utilized in intensive care units and emergency rooms across the U.S. Ceribell is headquartered in Sunnyvale, California. For more information, please visit www.ceribell.com or follow the company on LinkedIn . Investor Contact Brian Johnston or Laine Morgan Gilmartin Group Investors@ceribell.com Media Contact Corrie Rose Press@ceribell.comAn estimated 18 million Americans are invested in cryptocurrency, according to the Federal Reserve. And the United States just elected a pro-crypto president. Cryptocurrencies such as Bitcoin have become a trendy digital asset. Supporters claim that crypto subverts capitalism because it bypasses traditional bankers. Crypto can offer quick riches along with an air of high-tech sophistication. Early adopters reaped enormous rewards, many becoming millionaires and billionaires. Currently, there are about 100,000 crypto millionaires. Cryptocurrency wealth, furthermore, has built Fairshake, the largest political lobbying group in the U.S. During the recent election, it helped elect 253 pro-crypto candidates. But is cryptocurrency a good ethical investment? As a business professor who studies technology and its consequences, I’ve identified three ethical harms associated with cryptocurrency that might give investors pause. The three harms The first harm is excessive energy use, most notably by Bitcoin, the first decentralized cryptocurrency. Bitcoins are created, or “mined,” by tens of thousands of computers in massive data centers, contributing significantly to carbon emissions and environmental degradation. Bitcoin mining, which represents the lion’s share of crypto energy consumption, uses as much as 0.9% of global demand for electricity – similar to the annual energy needs of Australia. Second, unregulated and anonymous crypto is the payment system of choice for criminals behind fraud, tax evasion, human trafficking and ransomware – the latter costing victims an estimated $1 billion in extorted cryptocurrency payments. Until about a decade ago, these bad actors generally moved and laundered money through cash and shell companies. But around 2015, many transitioned to cryptocurrency, a much less troublesome form of handling dirty money anonymously. A bank cannot hold or transfer money anonymously. By law, a bank is passively complicit in money laundering if it isn’t enforcing know-your-customer measures to restrict bad actors, such as money launderers. In the case of a crypto coin, however, legal and ethical accountability cannot be transferred to a bank – there is no bank. So, who is complicit? Anyone in the crypto ecosystem may be viewed as ethically complicit in enabling illicit activities. I believe these first two harms are the most ethically troublesome. The first one harms the Earth and the second undermines global systems of trust – the interplay of institutions that underpin economic activity and social order. Cryptocurrency’s third problem is its predatory culture. A predatory system, especially without regulatory oversight, takes advantage of small investors. And some cryptos have enriched their founders while taking advantage of investors’ lack of knowledge about the virtual currency. Some cryptocurrencies, especially the smaller coins and initial coin offerings, have characteristics of Ponzi schemes. The now defunct Bitconnect, for example, promised large profits to investors who exchanged their Bitcoins for Bitconnect tokens. New investor money paid out “profits” to the first layer of investors with money from later investors. Ultimately, Satish Kumbhani, the Bitconnect founder, was indicted by a federal grand jury, and as of 2024 his whereabouts are unknown. Pernicious myth Besides cryptocurrency’s ethical harms, a pernicious myth surrounds the digital coin. It is the myth of inclusion, that cryptocurrency has the power to benefit society’s disadvantaged, especially the unbanked. The global poor who don’t have bank accounts, and who could use cryptocurrency for international money transfers to family back home, do not necessarily benefit from crypto’s advantages. That’s because of the need to pay fees when converting and transferring, say, dollars to crypto and then from crypto to the local currency of the person receiving the money transfer. In reality, the distribution of crypto assets is highly concentrated among the wealthy. A 2021 study found that just 0.01% of Bitcoin holders control 27% of its value. Democratizing finance is often framed as a movement to break the dominance of traditional financial institutions – private banks and government central banks. However, this narrative has not played out. Instead, a new elite has emerged: cryptocurrency’s creators, early backers and maintainers, who tweak the crypto’s software code and influence its future direction. This group holds disproportionate control, including over the crypto coin’s governance. All of this replicates the concentration of power that crypto was meant to dismantle. A bit more ethical? To be fair, the crypto community hasn’t ignored the criticism, including calls for more environmental awareness. In early 2021, members of the community founded the Crypto Climate Accord. The group enlisted some 250 crypto firms to reduce environmental harm. The following year, Ethereum, with its Ether coin, took the most significant step. It reduced its energy consumption by over 99% by migrating to a coin mining mechanism called “proof-of-stake,” which doesn’t require miners to solve complex, energy-guzzling puzzles to validate transactions. This was a brave move. However, Bitcoin, the largest cryptocurrency, hasn’t followed Ethereum’s lead. Bitcoin stands out because its energy consumption surpasses any other crypto coin. To address cryptocurrency’s other harms, some regulatory bodies began controlling the crypto market in 2023. The European Union, United Kingdom and United States began attempting to curb illegal activities and protect investors. In January 2024, U.S. regulators permitted exchange-traded funds, which are popular investment funds, to invest in crypto. This move was meant to help small investors trade in a safer marketplace. But normalizing crypto trading can create perverse ethical repercussions. For example, the most successful 2023 “ethical” fund, Nikko Ark Positive Change Innovation Fund, prospered with a 68% return because it made a bet on crypto. Its manager rationalized this investment by repeating the myth that cryptocurrency allows “provision of financial services to the underbanked.” Where does all this leave the ethical investor? Investors, I believe, have two clear ethical choices on cryptocurrency: They can divest from Bitcoin or, at the very least, invest in other cryptocurrencies that minimize harms, especially harms that jeopardize the environment. But even so-called ethical investments come with hidden ethical issues. Many ethical investors invest in so-called ESG funds that stress social or environmental impact. Some of these ESG funds may avoid shares in petroleum companies while investing directly or indirectly in crypto. This doesn’t seem ethically consistent. While cryptocurrency offers exciting opportunities and the potential for high returns, its environmental impact, association with illegal activities and predatory nature all present significant ethical challenges. Erran Carmel is Professor of Business, American University Kogod School of Business. The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.
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