Author: Max Smith
Inflation continues to impact the financial lives of American consumers, with a new survey by the Federal Reserve showing that rising prices have made nearly two-thirds of households “worse off” financially. The data contained in the latest survey:economy Wellbeing of U.S. households In a survey covering 2023, 65% of consumers said they would be more likely to pay for things due to rising prices. had a negative impact Of the 65% of respondents, 19% said the situation was “much worse.” Inflation remains the “number one” financial concern, according to Fed data. inflation A decrease in interest rates from historical levels.…
The NCAA and the nation's top five conferences agreed to pay roughly $2.8 billion to settle multiple antitrust lawsuits, a landmark decision that could lay the groundwork for a groundbreaking revenue-sharing model that could result in millions of dollars being paid directly to athletes starting as early as the fall semester of 2025.University leaders in the Pac-12 Conference voted to approve the proposal on Thursday, making the conference the last conference to approve it, according to a person with direct knowledge of the results. Southeastern Conference presidents and chancellors unanimously approved the deal early Thursday, a second person familiar with…
Private equity and venture capital investments in cybersecurity nearly doubled in the 12 months ended May 5, with total deal value at $8.51 billion compared with $4.46 billion for the same period in 2023, according to data from S&P Global Market Intelligence. Total investment for the full year 2023 is $10.92 billion. So far in 2024, 132 deals have been announced, compared with 457 deals announced in all of 2023. Total investment for the year ending May 5 was $6.65 billion, more than the first two quarters of 2023 combined. Sector Disruption According to Thomas Crane, managing director at Insight…
Appearing before the U.S. Supreme Court in the spring of 2021, NCAA lawyers strongly argued against providing each college athlete with additional cash each year.Amount: $5,980.Three years later, a landmark agreement that changed the course of college sports allowed the organization to jettison outdated rules, sweep away long-standing debates about amateurism and propel the industry into an era of direct compensation for players.That amount is expected to result in more than $15 billion in new funding being paid out to athletes over the life of the 10-year contract.The NCAA and major conferences voted this week to settle three antitrust lawsuits…
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Pornography and video games are contributing to rising unemployment among young men, the Secretary of State for Work and Pensions has warned.Mel Stride said easy access to explicit content and video games was contributing to the deterioration of the mental health of teenage and young adult males.They are leaving the workforce in large numbers, contributing to worrying levels of stagnation in economic activity across the UK.Mr Stride told MPs yesterday that pornography and gaming were a “major contributing factor” to the shocking unemployment figures for men.The latest figures from the UK Office for National Statistics show a staggering one in…
Want to read the full article? Scroll down and log in or sign up now. Reload page Scroll position FERC Approves New NERC Cybersecurity Standards Matthew T. Rader, CC BY-SA 4.0, via Wikimedia Commons May 23, 2024 | Holden Mann FERC approved new reliability standards aimed at improving the security of communications between control centers. Source link
Proofpoint, Inc., a leading cybersecurity and compliance company, today released its annual Voice of the CISO report, which surveys the top challenges, expectations and priorities of chief information security officers (CISOs) around the world.The 2024 report points out notable trends. While fears of cyber attacks continue to grow, CISOs are becoming more confident in their ability to defend against these threats, reflecting a major shift in the cybersecurity landscape. Two-thirds (67%) of Singaporean CISOs surveyed feel they are at risk of a significant cyber attack in the next 12 months, up from 80% last year. CISOs today are clearly more…
By Alden Gonzalez, ESPN staff writerMay 24, 2024 7:23 AMcloseESPN baseball writer. He covered the LA Rams for ESPN from 2016-2018 and the LA Angels for MLB.com from 2012-2016.Diamond Sports Group's 14-month battle in bankruptcy court is about to drag on for a little longer. Diamond, which provides regional broadcasts across the country under the name Bally Sports, postponed its confirmation hearing by about six weeks, from June 18 to July 29 and 30, according to a notice filed Thursday.A confirmation hearing scheduled for 10 a.m. in Houston will essentially determine whether the Diamonds can emerge from Chapter 11 bankruptcy…
OpenText Corporation has acquired managed detection and response (MDR) platform Pillr from Novacoast for an undisclosed amount. The acquisition is part of OpenText's strategy to accelerate its cybersecurity product roadmap. Pillr is a cloud-native, multi-tenant MDR platform designed for MSPs, with threat hunting and response capabilities, including 24/7 Security Operations Center (SOC) services.This is the 137th technology M&A deal covered by ChannelE2E and MSSP Alert so far in 2024. Over 2,000 technology M&A deals from 2024, 2023, 2022, 2021 and 2020 are listed here.OpenText was founded in 1991 and is based in Waterloo, Ontario, Canada. The company has 22,768 employees…