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Finance

Why China Should Be Off The Hook For Climate Finance

Why China Should Be Off The Hook For Climate Finance
Why China Should Be Off The Hook For Climate Finance

Although China has the largest carbon footprint in the world, its per capita income and emissions are far lower than those of most rich countries.

One of the main outcomes of COP27, the climate conference held in Egypt earlier this month, was the creation of a new UN-administered fund to compensate developing countries for the costs of natural disasters linked to climate change.

Convincing rich countries to agree to such a 'damage and loss' fund was seen by many developing country activists and diplomats as the minimum outcome of COP27 that could be considered a success. But beyond its existence, little is known about the fund, other than its purpose, how it will be used by vulnerable countries or where the money will come from.

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The deal makes it clear that it's not just the usual suspects – the United States, Europe, Canada and the other biggest historical emitters of greenhouse gases – that will be eliminated. Funding must come from "new and additional resources (…) other sources, instruments, processes and initiatives, including outside the Convention and the Paris Agreement", specifies the agreement.

The term implies that multinational financial institutions such as the World Bank can contribute, as well as non-governmental organizations. And it suggests that individual countries, whose economies and emissions have grown dramatically since the start of the UN climate conference in 1992, must also play their part, especially China, many Western leaders argue, because the country now has the largest carbon sink in the world. trace.

Former British Prime Minister Gordon Brown told the Guardian on November 26 that China should contribute more to the damage and loss. EU climate representative Frans Timmermans and other leaders made similar announcements at the COP.

China's emissions and per capita income are still relatively low

However, there is little reason to believe that China will come to the rescue of erosion. At COP27, China's climate envoy Xie Zhenhua specifically said his country would not contribute to the new fund. And the facts seem to lend moral support to his arguments.

As with all forms of global climate finance, contributions to damage and loss funds are voluntary, which means that holding individual donors accountable is academic work and not legally binding. But in a June 2022 article (PDF), economists from Britain's Overseas Development Institute (ODI) think tank sought to identify potential new contributors to climate finance by looking at rich country emissions and revenues (or climate conditions of Annex II countries, for comparison). , the list which (including EU, USA, Canada and Australia) with any other country. Specifically, the ODI looks at income per capita for a country's ability to pay and cumulative emissions per capita since 1990 as a country's contribution to the climate crisis.

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The ODI logic was that any non-annex II country that scored one or two of these criteria higher than an annex II country could be a mandatory applicant for climate finance. On this basis, China is off the hook. Revenue and emissions rank among the wealthiest countries with the highest emissions among all Annex II countries.

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GCC countries should contribute more to climate finance

The ODI analysis identifies other potential contributors. Singapore and Qatar have higher emissions and per capita income than most Annex II countries. Singapore has yet to contribute anything to global climate finance. In 2021, Qatar committed $500,000 to the former United Nations fund, which supports climate change adaptation projects. And while the small European financial center of Liechtenstein maintains low emissions, it is another high-income country not included in Annex II.

The analysis also shows that Israel and other oil and gas exporting Gulf countries such as Saudi Arabia, Kuwait and the United Arab Emirates have higher revenues and emissions than some or many countries in Annex II. Conversely, it also suggests that some climate-affected countries – the Bahamas, Trinidad and Nauru – are the most vocal proponents of damage and loss funds. These islands are sparsely populated and often rely on diesel generators and other inefficient electrical systems with high pollution levels, so their per capita emissions are relatively high. But none of these countries has a higher income than any of the Annex II countries.

Obviously, blaming climate change is a confusing business without clear answers. And given that the more obvious Annex II contenders have yet to meet their 2009 fundraising commitments to raise $100 billion a year in total climate finance by 2020, smaller contenders have enough of political cover to continue. Dubai is unlikely to provide further details or fund the loss and damage fund until next year's COP28.

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Fossil fuel companies know how to stop global warming. Why not? |: Miles Allen

Categories
Finance

Layoffs Create Pitfalls For Finance Executives Looking To Cut Costs

Layoffs Create Pitfalls For Finance Executives Looking To Cut Costs

As some US companies look to cut jobs to cut costs, CFOs and other executives may falter.

Although unemployment insurance claims remain historically low, US employers reported 33,843 job cuts in October, up 13% from September and up 48% from the previous month. Last year, according to external and executive coaching firm Challenger, Gray & Christmas Inc. The most layoffs since February 2021, with cost cutting and market conditions among the top five reasons cited for layoffs.

Businesses, especially those that experienced strong revenue growth and a larger workforce during the Covid-19 pandemic, are beginning to tighten their belts in the face of skyrocketing inflation and rising interest rates. They are increasingly looking at layoffs as a way to save capital, among other measures such as a hiring freeze.

Consultants who have worked with companies during downsizing say financial managers play a key role in setting a company's financial goals and deciding what costs to cut. Hardik Seth, a partner at Boston Consulting Group, said CFOs are increasingly involved in the early discussion about the need to cut jobs. They help management understand the range of options available to improve performance, including adapting business models or product offerings, Mr. Shet said.

In addition, finance managers set financial goals to be achieved from layoffs and work closely with human resources departments to help decide where to make cuts, says Susan Gunn, a partner at management consulting firm Bain & Co. added that they also determine the amount of separation. A well-handled layoff in the US takes two to three months, John said, and requires a solid strategy, as well as empathy and transparency.

If some companies are under pressure to act quickly, they risk giving workers inadequate notice, said David Santacroce, a law professor at the University of Michigan Law School. The federal Worker Adjustment and Retraining Act, or WARN Act, requires companies with 100 or more workers to give at least 60 days notice of a layoff if it affects at least 500 full-time employees at the same location, or if is one less- Third, fewer workers are fired than necessary. The number of workers per building.

Image: Twitter to Meta: Putting technology into numbers

States like New York and California have adopted lower notification limits. Some employees at Twitter Inc., which recently laid off nearly half its workforce, are now opposing the layoffs. In a federal lawsuit this month, the plaintiffs allege the company violated the WARN Act and its California equivalent by failing to provide proper notice of mass layoffs. San Francisco-based Twitter said in a legal filing last week that it had met its legal obligations by giving workers 60-day notice to terminate their employment, including wages and benefits. Twitter did not immediately respond to a request for comment.

“If the economic outlook changes so drastically and quickly, cuts need to be made faster and with less thought,” said Andy Challenger, senior vice president at Challenger, Gray & Christmas. "Then it could go wrong."

Layoffs will increase as the economy weakens, the teacher said. said Santacroce of the University of Michigan Law School. "The same is true of the number of cases where the [employer surveillance] law has allegedly been violated. There seems to be no reason to think that will change."

But layoffs may not help companies in the long run.

Companies that downsize rarely outperform their peers that don't, says Wayne Cassio, a professor emeritus at the Denver School of Business in Colorado who has studied the costs of downsizing for decades. Cascio, along with two finance professors, studied the impact of layoffs on more than 4,000 public companies over the 37 years ending in 2016.

Citing research published last year, Cascio said companies that collapsed as a "quick fix" or an easy option to restore profitability did not outperform competitors that persevered through the downturn. According to Cascio, labor costs often make up a large part of a company's operating budget and are therefore an easy target for managers to save cash. “Is the risk that when the economy picks up, you have to hire the same people you fired?” He says. "Quick fixes never seem to work."

Christine Bruton contributed to this article.

Write to Jennifer Williams-Alvarez at [email protected]

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FAANG is forever changed: towards a new era of regression

Categories
Review Movies

Review: Christmas Movies Galore Decorate Streaming Services

Review: Christmas Movies Galore Decorate Streaming Services
Review: Christmas Movies Galore Decorate Streaming Services

“Noel’s Diary”

Based on the novel by best-selling author Richard Paul Evans, the master of Christmas carols known for The Christmas Box, The Noel Diaries is a romantic melodrama that stands out from other December 2017 movies with its depth of detail. Justin Hartley doesn’t just play a “writer.” He is Jake Turner, the best-selling spy author who is handsome, funny and stubborn. And Barrett Doss is not a simple positive shock sent to shake up the leading man. She is Rachel, a woman looking for her mother, Noelle, who was Jake’s nanny when he was young.

More complicated sacrifices emerge when Jack and Rachel take a Christmas road trip to settle an old deal while reading a journal Noel left at the Turner home decades before tragedy destroyed the family. Master director Charles Shearer (he also wrote the screenplay with Rebecca Connor and David Golden) allows this story and its people to unfold naturally without forcing their conflicts or overdoing their everyday tactics. For the most part, it’s a kind of holiday romance about good people who are a little broken inside.

Noel’s diary finally bends to convention when Jake belatedly meets his estranged father and Rachel learns how her awkward fiancé has complicated her love for Jake. But overall, this film is a refreshing alternative to the typical, synthetic Christmas movies this time of year. Take away the mistletoe and the tower and this is still a well-crafted and balanced character sketch that follows two lost souls as they discover what they’ve been missing.

“Noel’s Diary”. TV PG for light subjects. 1 hour 40 minutes. Available on Netflix

“Reading for Christmas”

There’s only one real reason to watch the Christmas rom-com Falling for Christmas, and it’s not an unimaginative rehash of the “selfish elite” premise that follows a vain influencer who develops dementia and returns to learn how to be. Like a real person while recovering his memories. Given that it’s set in the same winter, a ski town that’s the setting for most films in the genre, there’s no reason to ignore the holidays either.

No, it’s about the star of Falling for Christmas, Lindsay Lohan, who brings all her extraordinary charisma to her rare lead role. She plays Sierra, an heiress with a low-key boyfriend/manager Tad (George Young). When they both fall off a cliff during a cute engagement announcement for Instagram, Jake (Accord Overstreet), a widower who runs a quaint little farmhouse and fights in the shadows, finds her lost in the woods. Find out. From Sierra’s father’s nearby luxury hotel. Unable to remember who she is, she becomes Jake’s employee and mother to his young daughter.

The film is also predictable by Christmas movie formulaic standards, with characters racing along 34th Street with plot points borrowed liberally from It’s a Wonderful Life and Marvel. But the overall vibe is warm and upbeat, and Lohan brings spontaneous sincerity to even the funniest scenes. The foil case is shiny and plastic, but the star quality is real.

“Reading for Christmas.” TV PG is scary. 1 hour 35 minutes. Available on Netflix

‘Christmas with you’

Like most Christmas-themed TV movies, Christmas With You is carefully crafted with various plot twists that take the protagonist out of his everyday life and into a place where he can regain the Christmas spirit. But once the story gets real, it’s a simple charm, aided by Angelina’s performance as Miguel, the small-town music teacher who helps you channel your creativity, and Aimee Garcia as Freddie Prinze Jr., the mentally ill middle-aged pop star. Block and write a Christmas carol.

Angelina finds Miguel when her 15-year-old daughter, Cristina (Deja Monique Cruz), covers one of his songs on a fan site. In need of an ego boost, Angelina meets Christina, who has fled New York without telling her panicked record label or needy ex-boyfriend. He is ultimately spiritually refreshed by spending time with a happy family and reconnecting with his Latin roots.

Christmas with you works hard to create complex and intimidating one-dimensional villains that none of them can make sense of. From the moment Angelina meets Miguel and Cristina, it’s clear that all their problems (romantic, creative, professional, whatever) have just been solved. Still, Garcia and Prinze are so likable that it’s a joy to watch them spend an hour or so in front of the screen and learn what the audience already knows.

“Christmas With You”. TV-PG for pieces. 1 hour 30 minutes. Available on Netflix

“A Christmas Carol”

The 1983 Christmas classic “A Christmas Story” is a hearty but hard-to-repeat collection of warm nostalgia, restrained social satire and visionary farce drawn from the memories of radio humorist Gene Shepherd. The sequel, A Christmas Story Christmas, doesn’t quite reach the heights of the original, sometimes trying too hard to replicate what worked the first time, but it tries the unexpected by following Ralphie Parker more than 30 years later. A family man from the start. . Since the 1970s.

Peter Billingsley (who produced the film and wrote the story) returns as Ralphie, an unpublished, unpublished sci-fi writer living in Chicago, when he receives a phone call that his father has died and he must return to Hohman. . , Indiana, working to help his mother (Julie Haggerty) lack of money and a series of accidents lead Ralphie and his wife Sandy (Erin Hayes) to give their children the perfect Christmas as planned, but with the help of their old friend Hohman, who Played by the same actor who appeared in the film. Everywhere 1983 Movie: He manages to control his father’s emotions and takes advantage of what they have.

This sequel may be more rooted in 1973, as it draws heavily from 1940s pop culture, but like its predecessor, it’s episodic fun and jumps from one comedy sketch to another. Some of them fused, and others fell to the ground in the explosion. But it’s Christmas. Not all awards are won.

PG ‘A Christmas Story Christmas’ for language and some coarse material/behaviors. 1 hour, 41 minutes. Available on HBO Max

“Camp Santa Claus”

When it comes to ancient fantasy characters, especially those beloved by children, fans can stubbornly resist attempts to modernize, reinvent, or represent these icons to the general public. The documentary “Santa’s Camp” is about a dispute at a mall or social event when a Santa who does not have the “traditional” appearance: white, chubby, bearded, old and male is wanted. But director Nick Sweeney really covers little of the story, focusing more on Santa’s training agent’s efforts to diversify his senior year. Sometimes outrageous and often disturbing, the film explores the deeper reasons why Santa Claus has inspired people historically and today, reminding viewers that a tradition is only a tradition because someone else repeats it over and over again. We can always create new ones.

‘Santa’s Camp.’ TV-MA, for language. 1 hour 32 minutes. Available on HBO Max

Also on VOD

“One Delicious Christmas” is part of the Discovery+ series of Christmas movies featuring guest appearances by respected personalities from HGTV and the Food Network. In this film, the cable staple stars food critic Bobby Flay, whose strict opinions about Vermont tavern food cause trouble for its new owner, Abby (Vanessa Marano), who inherits the business and gets the old menu after the passing of her beloved father. and friends Available on Discovery+

Now available on DVD and Blu-ray

“Planes, Trains and Automobiles” is one of the funniest, sweetest films ever made about an oft-forgotten holiday in pop culture: Thanksgiving, a land trip of people across the United States (John Candy plays a shameless ad and Steve Martin plays a heist salesman) lives with nightmares. The new Blu-ray edition includes deleted scenes, a behind-the-scenes documentary and a tribute to the late writer-director John Hughes. most important

This story originally appeared in the Los Angeles Times.

Keith Whitley – Don’t Close Your Eyes (Official Video)

Categories
Business Industry

Business Process Reengineering Market Statistics 2023 : Industry Demand, Prominent Players Strategies, Size, SWOT Analysis And Forecast 2028

Business Process Reengineering Market Statistics 2023 : Industry Demand, Prominent Players Strategies, Size, SWOT Analysis And Forecast 2028
Business Process Reengineering Market Statistics 2023 : Industry Demand, Prominent Players Strategies, Size, SWOT Analysis And Forecast 2028

MarketWatch's News division was not involved in the creation of this content.

November 26, 2022 (The Expresswire) — The final report will include an analysis of the impact of COVID-19 on the industry.

“ Business Process Reengineering Market” 2022 Insights – By Application (Large Enterprise, SMB), Types (Services, Software,), Segmentation Analysis, Regions and Forecast to 2028. The global market report Business Process Reengineering provides in-depth analysis of Business Process Reengineering market status by major manufacturers including key facts & figures, financials, definitions, SWOT analysis, PESTAL analysis, expert opinions and the latest developments. Around the world. Tables, data and graphs with key analysis, market impact analysis before and after the Covid-19 outbreak and scenario by region.

During the forecast period 2022-2028, the business process reengineering market size is expected to reach Multimillion USD by 2028 from 2021 at an unpredictable CAGR.

View detailed tables of contents, tables and figures with exclusive data, facts, vital statistics, trends and charts detailing the competitive landscape of the industry.

Business process re-engineering will represent % of the global business process re-engineering market in 2021, considering the economic changes due to COVID-19 and the impact of the war between Russia and Ukraine.

Look for an example of how the Covid-19 pandemic and Ukraine's war in Russia will affect this market

It also helps in evaluating new business plans positively as it covers a number of issues that market participants need to be aware of in order to stay competitive.

The Business Process Reengineering Market report identifies various key market players and highlights their strategies and collaborations to fight competition. The comprehensive report offers a two-dimensional view of the market. The reader can determine the footprint of manufacturers of Business Process Reengineering industry by knowing the global manufacturers revenue, global manufacturers price, and manufacturers production during the forecast period 2022-2028.

Business Process Reengineering Market: Competition and Segmentation Analysis

The report provides an overview of the leading companies' successful marketing strategies, market contributions and recent developments, as well as an overview of the past and current performance of the leading companies. The research report uses various methodologies and analyzes to provide detailed and accurate information about the Business Process Reengineering market.

Leading companies reviewed in the Business Process Reengineering Market‎ report are:

● Window lighting
● Calculate
● Bath and Company
● Kissing stream
● Intel Group
● Visual Paradigm
● Integrate
● Accounting advice
● In Dakar
● Advice in synthesis
● Smart sheet
● Water

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Business Process Reengineering Market Overview:

The global business process reengineering market is expected to grow at a significant rate during the forecast period between 2022 and 2028. In 2020, the market is growing at a steady rate and with adoption of growth strategies by key players , the market will grow above the forecast horizon.

This report focuses on the Global and US Business Process Reengineering Market, it also includes segmentation data for other regions at regional and county level.

Due to COVID-19 pandemic, the global Business Process Reengineering market size is estimated at Million US$ in 2022 and is projected to reach Million US$ Reengineering by 2028 with impressive CAGR at during the period under study. Fully embracing the economic transformation of this healthcare crisis, Business Process Reengineering accounts for % of the global Business Process Reengineering market in 2021 and will reach $1 Million by 2028, growing at -19% in the post-Covid era which will grow at a developed CAGR. period.period Business process reengineering by application was the major segment, accounting for more than 100% of the market in 2021 and adjusted to %CAGR during this forecast period.

States

The global Business Process Reengineering market is estimated to reach Million USD by 2028, from a valuation of Million USD in 2022, at a significant CAGR between 2023-2028.

Report scope

This report aims to provide a comprehensive overview of the global Business Process Reengineering Market with quantitative and qualitative analysis to help readers develop business/growth strategies, assess and analyze the market competitive landscape, and establish their current market position. Informed business decisions regarding business process reengineering.

Market size, estimates and forecast of the business process reengineering market are provided in terms of production/shipment (K Units) and revenue (USD Million), with historical and forecast data for 2017-2028, with 2021 as the base year. The report broadly segments the global business process reengineering market. Regional product-related market sizes by types, applications and operators are also provided. The impact of COVID-19 and the Russian-Ukrainian war has been considered while estimating the market size.

For an in-depth understanding of the market, the report provides profiles of the competitive landscape, leading competitors and their respective positions in the market. The report also discusses technology trends and new product developments.

The report will help business process re-engineering manufacturers, new entrants in this market, and industry chain related organizations with revenue, production, and average price for the total market information and sub-segments by company, types of products, different applications and segments. Regions

Basic concepts of business and market share

In this section, readers will get an idea of ​​the major competitive players. This report studies key growth strategies of these players to maintain their presence, such as trends and innovative developments, product portfolio intensification, mergers and acquisitions, partnerships, new product innovations and expansion. geographical. In addition to corporate strategies, the research includes current developments and key financial information. Readers will also have access to global manufacturer revenue, price and sales data for the period 2017-2022. These comprehensive reports are sure to help clients stay up to date and make effective decisions in their business.

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Business Process Reengineering Market 2022 segmented on the basis of product type and application. Each segment is carefully analyzed to explore the market potential. All segments are studied in detail on the basis of market size, CAGR, market share, consumption, revenue, and other important factors.

Global Business Process Reengineering Market Revenue by Product Type Segment:

● ● Benefits
● Software
●

Major End-Use Segments in Global Business Process Reengineering Market:

● Large company
● PMI

The business process reengineering market is segmented by region as follows:

● North America (United States, Canada and Mexico) ● Europe (Germany, United Kingdom, France, Italy, Russia and Turkey, etc.) ● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam) ● South America (Brazil, Argentina, Colombia, etc.) ● Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa)

This Business Process Reengineering Market Research/Analysis Report Answers Your Following Questions

● What are the global business process reengineering market trends? Will there be an increase or decrease in market demand in the coming years? ● What is the estimated demand for different types of products in business process reengineering? What are the upcoming applications and industry trends for the business process reengineering market? ● What is the forecast of the global business process reengineering industry considering capacity, production and production value? What will be the estimated cost and benefit? What will be the market share, supply and consumption? What about imports and exports? ● Where will strategic developments lead the sector in the medium and long term? ● What factors contribute to the final cost of business process reengineering? Business Process Reengineering What raw materials are used in production? ● What is the market opportunity for business process reengineering? How will the increasing adoption of business process re-engineering for mining affect the growth rate of the global market? ● What is the value of the global business process reengineering market? What was the market capitalization in 2020? ● Who are the main players in the business process reengineering market? Which company is the first? ● What are the latest industry trends that can be applied to generate additional revenue streams? ● What should be the entry strategies, countermeasures, and marketing channels for the Business Process Reengineering industry?

Report customization

Our research analysts will help you get custom details for your reports which can be modified based on specific regions, applications or statistical details. Moreover, we are always ready to follow the research triangle with your data to make market research more complete from your point of view.

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Detailed Overview of Global Business Process Reengineering Market Outlook and Forecast to 2028

1 Search field
1.1 Business Process Reengineering Product Overview
1.2 Market by Type
1.2.1 Global Business Process Reengineering Market Size by Type, 2017 VS 2022 VS 2028
1.3 Market by Application
1.3.1 Global Business Process Reengineering Market Size by Application, 2017 VS 2022 VS 2028

1.4 Research objectives
He is supposed to be 1.5 years old

2 Production of global business process reengineering
2.1 Global Business Process Reengineering Production Capacity (2017-2028)
2.2 Global Business Process Re-engineering Production by Regions: 2017 VS 2022 VS 2028
2.3 Global Business Process Innovation Production by Regions
2.3.1 Global Business Process Reengineering Historic Production by Regions (2017-2022)
2.3.2 Global Business Process Reengineering Production Forecast by Regions (2023-2028)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan

3 Global Business Process Reengineering Sales by Volume and Cost Estimate and Forecast
3.1 Global Process Re-engineering Sales Estimates and Forecasts 2017-2028
3.2 Global Business Process Reengineering Revenue Estimates and Forecasts 2017-2028
3.3 Global Business Process Reengineering Revenue by Region: 2017 VS 2022 VS 2028
3.4 Global Business Process Innovation Sales by Regions
3.4.1 Global Business Process Innovation Sales by Regions (2017-2022)
3.4.2 Global Process Renewal Sales by Regions (2023-2028)
3.5 Global Business Process Reengineering Revenue by Regions
3.5.1 Global Business Process Reengineering Revenue by Regions (2017-2022)
3.5.2 Global Business Process Reengineering Revenue by Regions (2023-2028)
3.6 North America
3.7 Europe
3.8 Asia-Pacific
3.9 Latin America
3.10 Middle East and Africa

Competition from 4 manufacturers
4.1 Global Business Process Innovation Production Capacity by Manufacturers
4.2 Global Business Process Reengineering with Manufacturers Sales
4.2.1 Global Business Process Reengineering Sales by Manufacturers (2017-2022)
4.2.2 Global Business Process Reengineering Sales Market Share by Manufacturers (2017-2022)
4.2.3 Top 10 and Top 5 Global Business Process Reengineering Manufacturers in 2022
4.3 Global Business Process Reengineering Revenue by Manufacturers
4.3.1 Global Business Process Reengineering Revenue by Manufacturers (2017-2022)
4.3.2 Global Business Process Re-engineering Revenue Market Share by Manufacturers (2017-2022)
4.3.3 Global Top 10 and 5 Companies by Business Process Reengineering Revenue in 2022
4.4 Global Business Process Reengineering Sale Price by Manufacturers
4.5 competitive landscape analysis
4.5.1 Manufacturers Market Density Ratio (CR5 and HHI)
4.5.2 Global Business Process Reengineering Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
4.5.3 Global Manufacturing Business Process Reengineering Geographical Distribution
4.6 merger and acquisition, expansion plan

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Market size by 5 types
5.1 Global Business Process Reengineering Sales by Type
5.1.1 Global Business Process Re-engineering Historic Sales by Type (2017-2022)
5.1.2 Global Forecasted Sales of Business Process Reengineering by Type (2023-2028)
5.1.3 Global Business Process Reengineering Sales Market Share by Type (2017-2028)
5.2 Global Business Process Reengineering Revenue by Type
5.2.1 Global Historic Revenue by Type (2017-2022)
5.2.2 Global Business Process Reengineering Revenue Forecast by Type (2023-2028)
5.2.3 Global Business Process Re-engineering Revenue Market Share by Type (2017-2028)
5.3 Global Business Process Reengineering Price by Type
5.3.1 Global Business Process Reengineering Price by Type (2017-2022)
5.3.2 Global Process Re-engineering Price Forecast by Type (2023-2028)

Market size with 6 applications
6.1 Global Business Process Renovation Sales by Application
6.1.1 Global Business Process Re-engineering Historic Sales by Application (2017-2022)
6.1.2 Global Forecasted Sales of Business Process Reengineering by Application (2023-2028)
6.1.3 Global Business Process Reengineering Sales Market Share by Application (2017-2028)
6.2 Global Business Process Reengineering Revenue by Application
6.2.1 Global Historic Revenue by Application (2017-2022)
6.2.2 Global Business Process Reengineering Revenue Forecast by Application (2023-2028)
6.2.3 Global Revenue Market Share by Application (2017-2028)
6.3 Global Business Process Reengineering Value by Application
6.3.1 Global Business Process Reengineering Price by Application (2017-2022)
6.3.2 Global Process Re-engineering Price Forecast by Application (2023-2028)

Business Process Renewal Cost by 7 Regions
7.1 Global Business Process Renewal Cost by Regions
7.1.1 Global Business Process Renewal Cost by Regions
7.1.2 Global Business Process Reengineering Consumption Market Share by Regions

8.1 North America
8.1.1 North America Business Process Reengineering Costs by Application
8.1.2 North America Business Process Reengineering Cost by Countries

9.2 United States
9.2.1 Canada
9.2.2 Mexico

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10.1 Europe
10.1.1 Europe Application-Based Business Process Reengineering Costs
10.1.2 Europe Business Process Reengineering Consumption by Countries
10.1.3 Germany
10.1.4 France
10.1.5 United Kingdom
10.1.6 Italy
10.1.7 Russia

11.1 Asia-Pacific
11.1.1 Asia Pacific Business Process Reengineering Consumption by Application
11.1.2 Asia Pacific Business Process Reengineering Consumption by Countries
11.1.3 China
11.1.4 Japan
11.1.5 South Korea
11.1.6 India
11.1.7 Australia
11.1.8 Indonesia
11.1.9 Thailand
11.1.10 Malaysia
11.1.11 Philippines
11.1.12 Vietnam

12.1 Central and South America
12.1.1 Central and South America Business Process Reengineering Consumption by Application
12.1.2 Central & South America Business Process Reengineering Costs by Countries
12.1.3 Brazil

13.1 Middle East and Africa
13.1.1 Middle East & Africa Business Process Reengineering by Application
13.1.2 Middle East & Africa Business Process Reengineering Cost by Countries
13.1.3 Turkey
13.1.4 GCC Countries
13.1.7 Egypt
13.1.6 South Africa

14 company profiles

14.1.1 Company Information
14.1.2 Presentation
14.1.3 Business Process Reengineering Sales, Price, Revenue and Gross Margin (2017-2022)
14.1.4 Business Process Re-engineering Product Model Number, Picture, Description and Specification
14.1.7 recent development

15 Industry Chain and Sales Channels Analysis
15.1 Business Process Renewal Industry Chain Analysis
15.2 Raw Materials Business Process Reengineering
15.2.1 Main raw material
15.2.2 Main raw material supplier
15.3 business process re-engineering of production and process mode
15.4 sales and marketing business process re-engineering
15.4.1 Business Process Reengineering Sales Channel
15.4.2 Business Process Re-Engineering Distributor
15.7 Business Process Reengineering Client

Analysis of 16 market drivers, opportunities, challenges and risks
16.1 Business Process Reengineering Industry Trends
16.2 Business Process Reengineering Market Leader
16.3 The Business Process Reengineering Market Challenge
16.4 Market Constraints on Business Process Reengineering

17 Key Findings from the Global Business Process Reengineering Study

18 annexes
18.1 Research method
18.1.1 Research Method/Methodology
18.1.2 Source of data
18.2 Description of the author
18.3 Disclaimer

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To view the original release at The Express Wire, please see Business Process Reengineering Market Stats 2023 – Industry Demand, Key Players Strategy, Size, SWOT Analysis and Forecast 2028

COMTEX_419746172/2598/2022-11-26T08:29:13

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BPM is the next big thing for the industry

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News

Post News, A Twitter Alternative, Gets Funding From A16z

Post News, A Twitter Alternative, Gets Funding From A16z
Post News, A Twitter Alternative, Gets Funding From A16z

If Post News looks like it came out overnight, it is. Unlike Mastodon, Hive Social, or other current social networks that are flooded with inappropriate Twitter users, Post News was created two weeks ago. The platform went into live beta because his team wanted to go public at a time when Elon Musk’s Twitter leadership anarchy was paramount in our collective headspace.

Send News has some basic functions similar to Twitter: you send other people’s messages, you like and retweet them, and you follow interesting accounts. However, in beta, it’s still missing essential features like DM, the native app, and accessibility features like adding alt text to images (and to some users’ concern, the company says it doesn’t currently prioritize accessibility).

Post News is seeking to capitalize on the “virtual water dispensers for journalists” aspect of Twitter. The platform describes itself as a place to access “premium news content without subscriptions or ads.” News publishers and freelance writers are encouraged to share their articles on Post News using a paywall. The idea is that users can pay for individual articles from different news sources. It is an alternative or supplement to paying for individual subscriptions to specific news sources.

“I believe the future of newspapers is fluid, and I want it to be more civil for users, more profitable for publishers and better for society,” Post News founder Noam Bardeen wrote in a tweet highlighting the announced efforts. Bardeen was CEO of Waze from 2009 to 2021.This is a news post profile

According to Bardeen, Post News had about 335,000 users on hold as of Monday, while there were about 65,000 active accounts. (Given to users gradually so as not to overload the platform’s operability and moderation). The platform has already received undisclosed funding from Andreessen Horowitz (a16z) and NYU professor and technology commentator Scott Galloway. Silicon Valley reporter Kara Swisher said she was an advisor to the company but not an investor.

A16z is an interesting option for a Twitter options investor after the venture capital firm contributed $400 million to Musk’s acquisition of Twitter. Sriram Krishnan, a crypto investor at A16z, works closely with Musk at Twitter headquarters. But Bardeen said he chose to work with a16z because it is the fastest investor to make a decision and cash a check.

“Not that I’m a fan of cryptocurrency, I think [a16z] should be funding some of the characters I’ve funded recently or I agree with all the statements they’ve made,” Bardeen wrote in his post. Sunday news. “We discussed investing in Twitter at the highest level and I can assure you there was no problem: the message has been separated from those involved in Twitter and a clear line has been drawn.”

TechCrunch has reached out to Bardin and a16z for comment.

Post News’ goal is ambitious. Not only is the platform trying to compete with long-established social media channels, but its business model is based on digital news publishers choosing to charge readers per article rather than subscriptions. Also, the platform is growing rapidly while important security features are being developed, which brings things into question.

“I want to remind everyone that this is a very early beta and may not be available to everyone,” Bardeen wrote on Monday. “Those looking for a polished product will have to wait. It’s okay to take a break and come back when things are in production; betas aren’t for everyone.”

E92: Adam Newman’s Chapter Two, a16z’s $350 Million Bet, Housing Policy, Deflationary Legislation and More

Categories
Sciences

Key Life Sciences Stakeholders Launch Representative Term Sheet

Key Life Sciences Stakeholders Launch Representative Term Sheet
Key Life Sciences Stakeholders Launch Representative Term Sheet

The new collaboration between academic tech transfer experts, venture capitalists and law firms provides a platform for life science startups.

The collaboration will leverage life science entrepreneurs to create new businesses based on their discoveries and innovations.

Simplifying the path to life sciences transactions will lead to an overall improvement in healthcare options for patients.

PALO ALTO, Calif., November 28, 2022 –( BUSINESS WIRE )–As of the spring of 2020, the group of academic institutions, investors, and law firms listed below have been collaborating to coin the term "representation." A worksheet that an investor and academic institution can use to start a conversation about starting a new life science business. The goal was to create a reasonable approach with terms and conditions that most parties could use in most situations. The philosophical framework can be found here: "Guidelines for Life Sciences University Startups" and "Recommended Process Improvements for Life Sciences Universities Startups" originally published in December 2020.

Since then, the creators have incorporated these principles into a sample word sheet (available in PDF and Word versions) with complete words, which any entity can download and use for free. The hope is to dramatically reduce the time it takes to negotiate these early-stage life science deals, which can bring therapeutic, diagnostic and therapeutic devices to market months or years earlier, with benefits similar for patients around the world.

Important Note: The authors use the word "representative" to describe the list of terms, as most terms are considered reasonable by both parties. Therefore, the term list can be used in many contexts without further content modification. However, it should be noted that each institution or investor may have a preferred approach or guidelines that may leave a strong impression on you. For example, some companies have particularly strong positions on securing revenue, securing rights, or future expansion, and some investors have similar positions on equity, success fees, or board seats. . In fact, it would be impossible to create a single document containing all possible options. Therefore, some Participating Organizations and others may need to use alternative approaches to those described in the Standard Terms of Use, and while they support the general approach presented here, nothing in these documents should be interpreted as binding on an innovative organization. . On the contrary, the list of conditions should be considered a reasonable generalization for most situations.

Over the next few months, the developers plan to release a full license agreement template based on this specification. If you have any questions, comments or concerns or would like your institution to be included in the list of sponsors below, please email [email protected].

The list of contributors is as follows (individual contacts are indicated in parentheses):

Institutions: Columbia (Orrin Herskovitz, Ofra Weinberger, Melissa Cohen), Duke (Robin Rasor), Harvard (Isaac Kohlberg), Johns Hopkins (Steve Kouzouris), MIT (Lauren Foster), Stanford (Karin Emergluk), Indiana University (Terry Wiley ) ), University of Michigan (Rick Brandon), University of Kentucky (Ian McClure), University of Pennsylvania (John Swartley), and Yale University (John Soderstrom).

Venture capitalists : 5AM Ventures (Galia Blachman, Jessica Alfano and Deb Palestrant), Atlas (Kevin Bitterman), Omega Fund (Daider Kanein), OUP (Kirsten Lute and Bill Harrington), Polaris (Amy Shulman and Alexandra Cantley), RA Capital (Sarah Reed, Nadeem Shohdi and Josh Resnick) and Wenrock (Kami Samuels).

Law firms: Cooley (Jeff Spolar), Goodwin (Sarah Solomon) and Wilson Sonsini (Katie Ku)

Terms have been reviewed and approved by the Technology Licensing Divisions of California Institute of Technology (Caltech), Columbia University, Cornell University, Duke University, Harvard, Indiana University, Johns Hopkins University, Massachusetts Institute of Technology, New York University, Stanford . University of Michigan, University of Kentucky, University of Pennsylvania, and Yale University, and venture capital firms 5AM Ventures, A16z, Atlas, F-Prime, Omega Funds, OUP, Polaris, RA Capital, Sofinnova Investments, and Third Rock Ventures.

View the first edition on businesswire.com: https://www.businesswire.com/news/home/20221128005167/en/

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Wayne Kesler
Berets + Brunel
732.239.9710 Mobile
[email protected]

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Business Industry

Yidu Tech Announces Results For The First Half Of FY2023: Adjusted Net Loss Narrowed Down 30.3% YoY, Strategic Focus Enhanced Business Resilience

Yidu Tech Announces Results For The First Half Of FY2023: Adjusted Net Loss Narrowed Down 30.3% YoY, Strategic Focus Enhanced Business Resilience

HONG KONG , Nov. 28, 2022 /PRNewswire/ — Yidu Tech Inc. (“Yidu Tech” or the “Company”, together with its consolidated subsidiaries and affiliates, the “Group”, HKEx: 2158), by China Healthcare Intelligence Industry , 30 September 2022 (“First Half of Fiscal Year 2023” or “Reference period”). He announced the interim results for six months.

Despite the difficult and uncertain external environment, the Group remains committed to improving profitability through a strategic approach. The team is focused on implementing digital and smart applications for multiple uses and continues to focus on key disease research areas such as solid tumors, hematology, ophthalmology and immunology to further strengthen its core capabilities, enhance experience of customers and to increase the average number of customers. . Transactions estimate During the period, the group’s total revenue was RMB 474.4 million and adjusted net loss fell to RMB 24.8 million , down 30.3% year-on-year. Operating expenses as a percentage of sales decreased by 32.1 percent.

Ms. Gong Yingying (Rujing) , CEO and director of Yidu Tech, said: “The group has taken active and effective measures to improve operational efficiency and has been able to overcome the loss and the adjusted net loss has been significantly reduced. It proves . during the period of reference for the effectiveness of our business development strategy. We hope to improve efficiency and continue to progress towards profitability. Yidu Tech will adhere to the original vision of “green health”, improve its core technological capabilities and strengthen efforts. , diagnosis and treatment and the three areas of public health fields to create more value in the health intelligence industry.”

Intensive care of three key stories with a strategic focus on supporting market entry

During this time, Yidu Tech actively improved its profitability by focusing on four main areas: business, customers, diseases and organization.

In terms of business, Yidu Tech continues to focus on three main categories: research, diagnostics, and medical and public health. Based on the three categories, the company introduces multi-scenario applications and performs scenario-based data optimization. Driven by innovation, the group is continuously developing a portfolio of high-quality professional products and services to meet the diverse needs of its key customers.

From a customer perspective, Yidu Tech focuses on revenue retention for large hospitals and large pharmaceutical companies. In the Big Data Platform and Solutions (“BDPS”) segment, the company has developed and launched an all-disease data platform that facilitates the creation of hospital disease registries. Additionally, the revenue retention rate for the top 10 customers in the Life Science Solutions (“LSS”) segment reached 119%.

In terms of diseases, the group is currently focused on key areas of disease research, including solid tumors, hematology, ophthalmology and immunology. With YiduCore’s intelligent “medical mind” and application-based layered organization, Yidu Tech has enhanced connections between three business sectors and increased customer awareness. At the same time, the group continued to improve business penetration and internal efficiency, reducing its total cost of ownership to revenue ratio by 32.1% year-on-year.

Continuous technological innovation to accelerate the evolution of the Health Intelligence ecosystem

Guided by the national innovation-oriented development strategy for high-quality development, the 14th Five-Year Plan and the “Healthy China 2030” policy, China has implemented policies to promote property innovation based on conditions. As a leader in the health intelligence industry. , Yidu Tech has independent R&D and innovation. He has continuously developed his skills and is focused on meeting the changing intelligence challenges facing the healthcare industry.

Over the years, Yidu Tech has independently developed YiduCor, consisting of intelligent medical algorithms and knowledge, which are constantly being accumulated and iterated as the team expands use cases with proper authorization. In the first half of fiscal year 2023, Yidu Tech continues to invest resources in cooperation with famous hospitals and experts to further strengthen the capacity to build and develop disease identification systems in various disease fields. As of September 30, 2022, Yiducore’s medical knowledge chart includes more than 80,000 medical articles, of which the covered disease chart exceeded 10,000, up from more than 1,000 six months ago.

With YiduCore’s strong data processing capabilities and AI algorithms, as well as accumulated medical knowledge, insights and disease models, Yidu Tech has completed a total of 19 scientific research projects with its partners, including renowned hospitals, organs regulators and universities, 8 of which are Chinese Science and They are in the Ministry of Technology and other national ministries. They are nationally funded research projects. As of September 30, 2022, the efficiency and accuracy of the epidemic response and prediction algorithms have been verified in 22 cities.

Regarding privacy, the company participated in the development of the Research Report on the Application of Information Privacy published by the Institute of Cloud Computing and Big Data of the Chinese Academy of Information, Information and Communication Technology (CAICT) (2022 ). Additionally, Yidu Tech has been certified by the Healthcare Internet Industry Alliance and the CAICT Remote Operation and Maintenance Security Proficiency Test for its superior remote operation and maintenance technology.

Balanced performance across all three business units, indicating strong business resilience

During the reporting period, the sales of the three business units have developed quite well and have shown great business resilience.

The Big Data Platform and Solutions segment generated revenue of RMB 124.0 million in the period . One aspect of this division is Yidu Tech’s provision of AI-based intelligence platforms and data analytics-based solutions for regulators and policymakers. During the reporting period, the team led a consortium to win a contract for Beijing ‘s multi-point infectious disease surveillance early warning platform. With AI-based analytics tools and sophisticated simulation models, the team has expanded its solution options from public health to public health. At that time, the team built a regional health profile of Beijing ‘s Chaoyang District.

Another aspect of this class is the group’s effort to raise awareness of the disease. In hematology, the team collaborated with two unique hospitals in China ‘s National Clinical Research Center for Hematologic Diseases (NCRC) to build a hematology research network to conduct clinical trials, effective clinical trials, and multi-institutional clinical trials under real-world conditions. At the same time, the group supports its clients by establishing several disease registries and large clinical research groups, covering important blood diseases, including leukemia, hemophilia and aplastic anemia. With previous successful cases in hematology, the team has made advances in the field of dermatology with the Institute of Dermatology, Chinese Academy of Medical Sciences, one of two hospitals in China . He gained research on diseases.

The Life Science Solutions division achieved sales of RMB 146.5 million during the reporting period. Accumulating credentials in disease-related research fields, Yidu Tech has conducted 232 pharmaceutical company-sponsored clinical studies and investigator-initiated research (IIT) as of September 30, 2022 . The team conducted 185 prospective and retrospective studies under real-world conditions. The Smart Site Management Organization (ISMO) service had 163 sites, double the number of last year. During the reference period, it should be noted that the group performed a complete retrospective study in real conditions, in order to evaluate drug efficacy, safety and treatment methods, in 20 ICU patients with complicated intra-abdominal infections. MNC) to assist in obtaining approval from the Center for Drug Evaluation, National Medicinal Products Administration (CDE).

Its growing track record has enabled the team to continuously grow the LSS segment and maintain a high quality customer base. As of September 30, 2022, there were 143 active customers. Among the first 20 clients are 7 to 16 international public companies.

Revenue from the group’s healthcare management platforms and solutions division was RMB 203.8 million . Using medical insights powered by YiduCore and AI, Yidu Tech has facilitated its customers’ ability to design and develop innovative insurance products, enabling faster and more accurate promotion and faster claims settlement. During this period, the team continued to grow Hui Min Bao’s market, serving 3 provinces and 10 cities. Yidu Tech has helped launch Hui Min Bao products in three municipalities directly under the Chinese central government, including Tianjin , Beijing and Chongqing . As of September 30, 2022, the number of active users who have made at least one transaction on Yidu Tech’s health management platform has reached 15 million.

In addition, the team’s advanced intelligence technologies greatly improve Hui Min Bao’s operational efficiency. As the main operating platform for Jiangsu Hui Min Bao, the group has written more than 3 million Jiangsu Hui Min Bao policies and 76% of all claims have been settled through the group’s intelligent claims service. Compared to traditional methods, the group’s intelligent claims service triples the productivity of the claims process, relieves policyholders and increases engagement.

As the leader with the largest market share in the health information market for medical organizations and regulators, and the emerging health information market in China , Yidu Tech is committed to supporting the transformation and intelligent improvement of the healthcare industry. As well as developing a high quality healthcare industry. Yidu Tech will continue to pursue a two-pronged strategy to expand infrastructure, strengthen disease research, maintain a strategic focus on business, customers, disease and organization, and help build the health intelligence ecosystem and maintaining his mission. It aims to make value-based healthcare accessible to all and create more value for players in the healthcare industry.

About Yidu Tech Inc

Yidu Tech Inc. The group focuses on empowering the industry through health intelligence infrastructure and building a safe, accessible and value-based healthcare environment in the three main areas of healthcare: public health, research, diagnosis and treatment. healthcare system In January 2021 , Yidu Tech was successfully listed on the Main Board of the Hong Kong Stock Exchange.

Yidu Tech mainly operates in three business areas: Big Data Platform and Solutions, Life Science Solutions, and Health Management Platform and Solutions, which help simplify and reduce the costs of medical and clinical research, health management, management of public health and the innovative drug development industry. . Improving efficiency by making real value-based healthcare solutions available to all.

Cision See original content: https://www.prnewswire.com/news-releases/yidu-tech-announces-results-for-the-first-half-of-fy2023-adjusted-net-loss-narrowed-down-30 – 3 years-strategic-positions-forcing-organizational-resilience-301687565.html

Source Yidu Tech

Categories
News

Lakers News: Latest On Left Calf Contusion That Sidelined Anthony Davis Saturday

Lakers News: Latest On Left Calf Contusion That Sidelined Anthony Davis Saturday

© All Lakers powered by FanNation

An update on the condition of the injured Lakers center.

Sources told ESPN's Dave McMenamin that Los Angeles Lakers center Anthony Davis will return to Los Angeles on Monday when the team hosts the 11-7 Indiana Pacers at the Crypto.com Arena.

While Los Angeles was just 7-11 in 2022-23, the team was 5-1 in its last six games, thanks in part to a more forgiving schedule but also a renewed investment in Davis. The Lakers have been looking to feed the AD lately and the AD has responded with an incredible level of elevation of play.

6'10" backup center Thomas Bryant started for Davis last night in Los Angeles' 143-138 win over the San Antonio Spurs at the AT&T Center. With 17:53 left in the game, Bryant went 3-4 from the field shot down and a 3 – he finished with nine points From the 5-yard line, he also grabbed four rebounds, three blocks and one assist.

6'9" backup Wenyen Gabriel also had an extra point on a Davis touchdown. 15 points on 5-of-8 shooting from the floor (2-of-4 from deep) and 3-of-3 from the free throw line Four rebounds, two blocks, steals and assists at 21:52 as well.

It's worth noting that 6'11" veteran Damien Jones remained a scratch for Darvin Ham despite being out of the AD lineup. Jones, who won a title with the 2021-22 Golden State Warriors, apparently lost and Pro Ham One if the Los Angeles player chooses not to participate is whether he can free up a roster spot and add more picks this season.

Speaking of shooters, guard Matt Ryan (38.2% 3-point shooting on 3.1 attempts per game) was a no-play decision: Coach. He's still not an NBA-level defender, and as a player with an unsecured contract, it would be cheaper to give up Los Angeles than Jones.

Yes Morant came off the bench in a wheelchair – looks like a left ankle injury 🙏🏽. #short

Categories
Computers

ICloud Might Be Sending Your Photos To Strangers Computers

Microsoft has released a new Windows 11 feature that makes the OS Photos app compatible with Apple's iCloud.
ICloud Might Be Sending Your Photos To Strangers Computers

Microsoft’s recently released iCloud app for Windows, which aims to connect iCloud to the Photos app on your computer, has a bug that could send photos to the wrong users.

Many users have reported on the MacRumors forums that when they tried to upload their iCloud data to a Windows device, they were receiving someone else’s photos and sending their own photos as well. Some users have reported experiencing a black screen with only scan lines playing videos. After Microsoft unveiled the feature last Wednesday, users began sharing concerns with the app on November 17.

Microsoft has released a new Windows 11 feature that makes the OS Photos app compatible with Apple's iCloud. © by Digital Trends Microsoft has released a new Windows 11 feature that makes the operating system’s Photos app compatible with Apple’s iCloud.

The iCloud app for Windows lets users integrate all their content from multiple sources, including phones, cameras, and different cloud storage options like iCloud Photos and OneDrive. However, the most important marketing link is Apple’s iCloud storage. iCloud photos should be labeled in their own folder for easy identification. But the app creates only one gallery for images and videos coming in Windows 11.

Another unique feature of this app is that it is available on the Microsoft App Store, where many branded apps are available in manual download version.

Forum user McCrummores said he was able to test the error on three different computers, two Windows 11 Pros and one Windows 10 Pro, all of which gave the same result and sent him images that weren’t his. Images have been sent to someone else. The user added that he tested the bug on multiple Apple devices, including the iPad, iPhone 11 Pro, and iPhone 13 Pro Max, and the main culprit appears to be his iPhone 14 Pro Max, which is HDR and HEVC enabled. . He stated that he has contacted Apple about this issue, but has not received a response.

Other forum users have commented on their experience of using the app and receiving images that are not theirs, including children and other random items. Many users have discussed Apple’s security implications; It is not known if Microsoft is aware of the problem.

Who wants to see someone’s iPhone photos?

Categories
News

Bittersweet. The ReporterNews Is Gone, But Memories Still Stand.

Bittersweet. The ReporterNews Is Gone, But Memories Still Stand.
Bittersweet. The ReporterNews Is Gone, But Memories Still Stand.

Those who come to the city center on Tuesday to stroll along the city’s sidewalks can expect a surprise.

If you haven’t been to Midtown or Midtown lately, you’ll want to check out the developments at DoubleTree by Hilton. It is scheduled to be completed next spring.

It’s starting to look a lot like a hotel.

A few blocks south on Cypress Street, across from the Grace Museum, people will see the ruins of the former Abilene Reporter-News building.

Last week, AML crews stormed the northwest corner of the property and then demolished the side of the building. The bulldozer is now resting on top of a huge pile of rubble.

This is the second major change to downtown in recent years.

The first was the Civic Plaza Hotel, which faces Pine Street between 5th and 6th Streets, walking distance. It’s dazzling, and the police are watching, not the guests.

Suddenly, those in City Hall saw the Abilene Convention Center to the northwest. Those in the Adamson-Spaulding Storybook Garden can see a city building in front of a perfectly clean city building.

The goal in both places is clearly to restore.

Abel is like a toothless kid, if you will. It’ll be interesting to watch for a while, but it’s time to fill in the blanks. It will bring laughter.

mixed feelingsWe are asked again and again what our buildings look like when you fly.

This month marks four years since the 101 Cypress Street fire in mid-November 2018. Most transactions have not been returned. Only our printing and distribution staff work on site. We moved our printing press to Lubbock in July 2020. Earlier this year, our distribution center moved.

MORE: The latest Abilene Thunder-News reporter’s press conference issue is headed to Lubbock

It must be bittersweet.

The Reporter-News is now the two oldest operating companies in the city, along with First Financial Bank. Ironically, our newsrooms are now located in the First Financial West building. We are united in the history of Abilene.

In fact, there was no common sense in the building being constructed and expanded for a particular industry. Who else needs mass print newspapers? Nobody does. The building is useless, a mixture of offices and industry, a nod to the past when many suburban businesses were like this.

Our building was across the street from a beautiful park and refurbished hotel that was converted into a museum 30 years ago.

Honestly, we were on our way.

As old buildings are being restored around us, we are not adapting to revitalize the city center by reusing old buildings.

Think Cypress Street Station. The dilapidated Matisse Building, now home to retail stores, cereal theory, and, more recently, the Grant Building, has been restored as the new home of Condley & Co.

Our property has also been damaged due to negligence.

Its time for a change.

Where did it happen

However, many of those who have worked there over the years are filled with memories of starting their careers there, receiving awards while working, retiring there, and ending their productive careers in journalism.

George W. Bush rode the elevator there as governor more than 20 years ago to meet the liberators. “No old musket,” wrote Pulitzer Prize finalist Frank Grimes there. We’ve photographed athletes, musicians, artists, and others who have showcased their talents on their way to national recognition.

It was there, on the afternoon of November 22, 1963, that workers picked up a bulletin from the Associated Press cable car announcing that President John F. Kennedy had succumbed to his injuries in downtown Dallas.

Here, every June, new reporters arrive in Albany to cover the old tradition of the Fandang: a way to introduce Yankees and others to the real West Texas.

and where bats sometimes fly at high speeds from the editing room.

A place where our blood smells like ink.

Sweet and bitter.

When the dust settles, our historical markers will return. This will remind future visitors to the center that the newspaper has been around for several years.

Although I left, I did not forget.

This article originally appeared in Abilene Reporter-News: Bittersweet. The news reporter is gone, but the memories live on.

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