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Sowei 2025-01-13
LOS ANGELES (AP) — Blake Snell and the Los Angeles Dodgers have finalized a $182 million, five-year contract. The reigning World Series champions announced the deal with the two-time Cy Young Award winner on Saturday. Snell, who turns 32 on Wednesday, went 5-3 with a 3.12 ERA in 20 starts for San Francisco this year, throwing a no-hitter at Cincinnati on Aug. 2 for one of only 16 individual shutouts in the major leagues this season. The left-hander struck out 145 and walked 44 in 104 innings. He was sidelined between April 19 and May 22 by a strained left adductor and between June 2 and July 9 by a strained left groin. Snell gets a $52 million signing bonus , payable on Jan. 20, and annual salaries of $26 million, of which $13 million each year will be deferred. Because Snell is a Washington state resident, the signing bonus will not be subject to California income tax. Snell joins Shohei Ohtani and Yoshinobu Yamamoto atop Los Angeles’ rotation. Ohtani didn’t pitch this year while recovering from right elbow surgery but the two-way star is expected back on the mound in 2025. Snell won Cy Young Awards in 2018 with Tampa Bay and 2023 with San Diego. He is 76-58 with a 3.19 ERA in nine seasons with the Rays (2016-20), Padres (2021-23) and Giants. Because he turned down a qualifying offer from San Diego last November, the Giants were not eligible to give Snell another one and won’t receive draft-pick compensation. AP MLB: https://apnews.com/hub/MLBRachel Christian | (TNS) Bankrate.com Just because retirement planning involves some guesswork doesn’t mean it has to be a total mystery. Whether you’ve been saving since your first job or you’re getting a late start, you can leverage expert-recommended strategies to gauge your progress on the road to retirement. And if you’re not quite on track, don’t sweat it — the experts we spoke to offered actionable tips to help you close the gap. You might have a general idea of how much money you need to save for retirement . A few quick calculations can give you an estimate, but to truly appreciate where you stand, you’ll need to dive into the numbers. Here’s how to get started. A good rule of thumb to estimate your retirement savings goal is the Rule of 25 . Simply multiply your desired annual retirement income by 25. The result is roughly how much you’ll need to save before hitting retirement. For example, if you plan to spend $50,000 a year, you’ll need about $1.25 million to make it a reality. The Rule of 25 is based on the idea that withdrawing 4% annually from your retirement savings should last you about 30 years. While it’s not an exact science by any means — health care costs and lifestyle changes can skew the numbers, for example — the Rule of 25 can be a good starting point to figure out how much you need to save. Fidelity Investments, a behemoth in the retirement planning space, offers savings guidelines to help you determine if you’re on track . —By age 30: Save 1x your annual salary —By age 40: Save 3x your annual salary —By age 50: Save 6x your annual salary —By age 60: Save 8x your annual salary —By age 67: Save 10x your annual salary For example, if you earn $60,000 annually, you should aim for $600,000 in savings by age 67. But like the Rule of 25, Fidelity’s guidelines offer a 10,000-foot look at retirement goals, and they’re not customized to your situation. Maybe you earned a low salary in your 20s, but you’re working hard in your 30s to make up for it. Use these estimates as a benchmark — but don’t get discouraged if you’re lagging behind. Now it’s time to zoom in a little. To get a clearer snapshot of your progress, use an online retirement calculator. These tools factor in your age, current savings, income and lifestyle goals to estimate whether you’re on track. You’ll get a more refined estimate without crunching the numbers yourself. Bankrate’s retirement calculator even lets you input different rates of return on your investments and accounts for estimated annual salary increases. Having a general savings goal is nice, but to avoid falling short in retirement, you’ll need more than a ballpark figure. Experts recommend creating a retirement budget to get an up-close-and-personal look at how much you’ll really need once you leave the workforce. First, estimate how much you’ll spend per month in retirement. While some costs will increase, like health care, others will likely decrease, like dining out and commuting. “Estimating expenses can be challenging for some people, so as a starting point, I often use your net take-home pay,” says Jeff DeLarme, a certified financial planner and president of DeLarme Wealth Management. For example, if you receive a direct deposit of $2,500 every two weeks from work, use $5,000 as your estimated monthly spending in retirement. “Assuming this was enough to pay the bills while working, we can use $5,000 a month as a starting budget to plan for,” says DeLarme. Next, map out your sources of income in retirement. Social Security is the largest income stream for most retirees, but don’t neglect other inflows, such as: —Workplace retirement accounts, like 401(k)s —Personal retirement accounts, like a traditional or Roth IRA —Pensions —Annuities —Selling your home or business —Rental income —Inheritance “If there’s a gap between your expected expenses and income, you’ll have a good idea of how much you need to save,” says Mike Hunsberger, a certified financial planner and owner of Next Mission Financial Planning. From there, you can adjust your savings and investment strategy accordingly. For something as important (and complex) as retirement planning, it pays to speak with a professional. Financial advisers can analyze your savings, investments and retirement goals to create a personalized plan. Advisers use special planning software that account for more variables than an online calculator, giving you a much more precise, granular look at your financial life in retirement. Many financial advisers can also help you optimize your tax strategy, which can potentially save you thousands of dollars over time. Make sure the adviser you hire is a fiduciary , meaning they’re legally obligated to prioritize your interests over their own. A fiduciary won’t push investments to earn a commission or recommend products that aren’t aligned with your needs. A certified financial planner is one of the most well-recognized designations for fiduciaries. You can use Bankrate’s adviser matching tool to find a certified financial planner in your area in minutes. Maybe you did the math and realized you’re not quite where you need to be. Don’t panic if you’re behind schedule. Here are five strategies experts recommend to help you catch up on your retirement savings . Cutting expenses now frees up more cash to invest in your retirement accounts. Evaluate your budget and identify areas where you can cut costs, like dining out, streaming subscriptions or shopping. Don’t rule out bigger lifestyle changes either, especially if retirement is rapidly approaching. Housing is the biggest monthly expense for most people. Getting creative here can help amplify the amount you can sock away, says Joseph Boughan, a certified financial planner and managing member at Parkmount Financial Partners. It can also reduce your expenses in retirement, so you may not need to save as much as before. “Downsizing can be a great way to cut expenses,” says Boughan. “This can even free up cash if you don’t end up needing all that money for a new home.” Moving somewhere with lower property taxes or income taxes can also help bring your retirement plan back in line. And if you’re a renter, making tough short-term decisions, like taking on a roommate or moving to a lower cost-of-living area, can free up hundreds of dollars a month for your retirement. “Everyone’s plan is unique, so exploring all the options is important,” Boughan says. Joe Conroy, a certified financial planner and owner of Harford Retirement Planners, recommends taking a “retirement test drive” as you near your target date. “Start to live on what income you think you can afford in retirement and stash all the extra income into savings and investments,” says Conroy. “If you can make it through each month, you’re ready for retirement. If you run short, then adjust your plan accordingly.” Working a little longer can be a game-changer for your retirement nest egg. Not only does it give you more time to save, it also gives your investments room to grow. “Working longer or even just part time for a few years early in retirement is one of the best ways to reduce the amount of money you need to save,” says Hunsberger. Postponing retirement can also boost your Social Security benefits . “You can claim as early as 62, but your benefits will be reduced significantly,” says Hunsberger. Meanwhile, each year you delay claiming Social Security benefits beyond your full retirement age , your monthly check will increase by 8%, though this benefit maxes out at age 70. So waiting can really pay off. It may seem obvious, but if you’re behind on retirement savings, you’ll need to boost your contributions as much as possible. Here are a few ways to make saving for retirement easier: —Increase your contribution rate: Allocate a larger portion of your paycheck to a workplace retirement plan. Even bumping up your contributions by 1% or 2% can make a huge difference down the road. —Take advantage of your employer match: Don’t leave free money on the table. Many employers will chip in between 3 and 5% depending on your plan, so make sure you’re contributing enough to take advantage of the benefit. —Use “unexpected” money to catch up: If you get a raise or bonus at work, funnel part of it directly into your 401(k). And if you get a refund at tax time, siphon some of it off to beef up your IRA. If you’ve been investing in low-risk, low-return investments, you may not be keeping up with inflation, let alone growing your nest egg. Reallocating part of your portfolio to stocks or low-cost growth exchange-traded funds (ETFs) is one way to get your money working harder. Higher-risk investments like stocks carry more volatility but also offer higher potential returns. Work with a financial adviser or use a robo-adviser to strike the right balance between growth and your personal risk tolerance. Contribution limits for 401(k) plans and IRAs are higher for people over 50. For 2025, employees aged 50 and up who participate in most 401(k) plans or the federal government’s Thrift Savings Plan can save up to $31,000 annually, including a $7,500 catch-up contribution . But thanks to SECURE 2.0 , a sweeping retirement law, a new higher catch-up contribution limit of $11,250 applies for employees ages 60 to 63. So, if you’re in this age group, you can squirrel away a whopping $34,750 a year during the final stretch of your career. Of course, you’ll need a big salary (think six figures) in order to take full advantage of such massive contribution limits. But if you can afford it, these catch-up allowances can put your plan back on track, especially if you struggled to save much early in your career. There’s no GPS to gauge your progress on the road to retirement. If you’ve veered off course or aren’t sure where to start, begin by getting a quick estimate of how much you’ll need before mapping out a retirement budget. And if you’re behind, don’t panic — adjusting your spending, boosting your contributions and speaking with a financial adviser can help you catch up. ©2024 Bankrate.com. Distributed by Tribune Content Agency, LLC.7 fortune

Crew members aboard the International Space Station celebrate the holiday season in a unique way while living and working at the orbiting laboratory. Each crew member, including the current Expedition 72, spends time enjoying the view of Earth from the space station, privately communicating with their friends and families, and sharing a joint meal with their expedition crewmates, while continuing experiments and station maintenance. As the first crew to spend Christmas in space and leave Earth orbit, Apollo 8 astronauts Frank Borman, James Lovell, and William Anders, celebrated while circling the Moon in December 1968. The crew commemorated Christmas Eve by reading opening verses from the Bible’s Book of Genesis as they broadcast scenes of the lunar surface below. An estimated one billion people across 64 countries tuned in to the crew’s broadcast. In 1973, Skylab 4 astronauts Gerald Carr, Edward Gibson, and William Pogue celebrated Thanksgiving, Christmas, and New Year’s in space, as the first crew to spend the harvest festival and ring in the new year while in orbit. The crew built a homemade tree from leftover food containers, used colored decals as decorations, and topped it with a cardboard cutout in the shape of a comet. Carr and Pogue conducted a seven-hour spacewalk to change out film canisters and observe the passing Comet Kohoutek on Dec. 15, 1973. Once back inside the space station, the crew enjoyed a holiday dinner complete with fruitcake, communicated with their families, and opened presents. After NASA launched the agency’s Hubble Space Telescope into Earth’s orbit in 1990, NASA sent a space shuttle crew on a mission, STS-61, to service the telescope. In 1993, NASA astronaut Jeffrey Hoffman celebrated Hanukkah after completing the third spacewalk of the servicing mission. Hoffman celebrated with a traveling menorah and dreidel. As NASA continued to support another Hubble Space Telescope servicing mission, the STS-103 crew celebrated the first space shuttle Christmas aboard Discovery in 1999. NASA astronauts Curtis Brown, Scott Kelly, Steven Smith, John Grunsfeld, and Michael Foale, along with ESA (European Space Agency) astronauts Jean-François Clervoy and Claude Nicollier enjoyed duck foie gras on Mexican tortillas, cassoulet, and salted pork with lentils. Smith and Grunsfeld completed repairs on the telescope during a spacewalk on Dec. 24, 1999, and at least one American astronaut has celebrated Christmas in space every year since. In November 2000, the arrival of Expedition 1 crew members, NASA astronaut William Shepherd and Roscosmos cosmonauts Yuri Gidzenko and Sergei Krikalev, aboard the International Space Station, marked the beginning of a continuous presence in space. As the first crew to celebrate the holiday season at the laboratorial outpost, they began the tradition of reading a goodwill message to those back on Earth. Shepherd honored a naval tradition of writing a poem as the first entry of the new year in the ship’s log. For more than 24 years, NASA has supported a continuous U.S. human presence aboard the International Space Station, through which astronauts have learned to live and work in space for extended periods of time. As NASA supports missions to and from the station, crew members have continued to celebrate the holidays in space. Expedition 70 flight engineer NASA astronaut Jasmin Moghbeli’s husband and daughters made a felt menorah for her to celebrate Hanukkah during her mission. Since astronauts can’t light real candles aboard the space station, Moghbeli pinned felt “lights” for each night of the eight-day holiday. A dreidel spun in weightlessness will continue spinning until it comes in contact with another object but can’t land on any of its four faces. Expedition 70 crew members recorded a holiday message for those back on Earth. The International Space Station is a convergence of science, technology, and human innovation that enables research not possible on Earth. The orbiting laboratory is a springboard for developing a low Earth economy and NASA’s next great leaps in exploration, including missions to the Moon under the Artemis campaign and, ultimately, human exploration of Mars. For more holiday memories aboard the International Space Station, visit: https://www.nasa.gov/gallery/holidays-on-the-space-station/ To learn more about the International Space Station, its research, and its crew, at: https://www.nasa.gov/station News Media Contacts: Claire O’Shea Headquarters, Washington 202-358-1100 claire.a.o’shea@nasa.gov Sandra Jones Johnson Space Center, Houston 281-483-5111 sandra.p.jones@nasa.gov

Wooley and Cottle each score 32, Kennesaw State knocks off Brewton-Parker 112-77It has been a disappointing run of form for star Indian cricket team batter Virat Kohli and things did not improve on Day 5 of the fourth Test match against Australia in Melbourne on Monday. Kohli was dismissed by Mitchell Starc for 5 as the India batter was once again guilty of chasing a delivery outside the off-stump. Kohli edged it to Usman Khawaja in the slips who made no mistake in completing a somewhat straightforward catch. Kohli's wife Anushka Sharma and teammate KL Rahul 's wife Athiya Shetty were in attendance and their reaction to Kohli's dismissal has gone viral on social media. Anushka Sharma is all of us right now, after Kohli's dismissal : Disney+Hotstar ; TNT Sports 1 #INDvAUS pic.twitter.com/9rwX4kK2OL After Jasprit Bumrah completed his five-wicket haul by castling Nathan Lyon and ended Australia's second innings on 234 in 83.4 overs, India got through the first hour of their chase unscathed in the face of Australia's bowlers asking them tough questions. But a double wicket maiden from skipper Pat Cummins and Starc taking out Kohli at the stroke of lunch meant Australia ended the session strong. With Yashasvi Jaiswal unbeaten on 14 off 83 balls and Rishabh Pant to join in after lunch, the game is still on a knife's edge, though its tilted more towards Australia. Anushka Sharma is all of us right now Kohli just doesn't feel like Kohli anymore pic.twitter.com/ULvkIWaM6E Chasing 340, India had an extremely watchful start as Australia's bowlers beat them consistently with great deliveries. It meant that Rohit and Jaiswal had to curb their run-scoring shots, allowing Australia to settle into great rhythm. Rohit's first attempt in playing an aggressive shot caused his downfall – in a bid to whip off Cummins through the leg-side, he got a leading edge and was caught by gully on the second attempt to dismiss the skipper on nine runs off 40 balls. On last ball of the same over, Cummins bowled a back of the length ball which left KL Rahul in two minds and nicked behind to second slip for a five-ball duck. With Australia keeping a lid on the run-flow, Jaiswal and Kohli went into a shell. They were also beaten while defending, but at the stroke of lunch, Kohli went for a big drive and was caught at first slip off Starc's full length delivery to be out for five off 29 balls. With Jaiswal, Pant and all-rounders to follow, India need to put in a rearguard effort if they are to avoid losing the match. Previously, India took only ten balls and conceded just six runs to wrap up Australia's second innings. Bumrah got his fifth wicket by sending Lyon's stumps flying with an in-swinger sneaking through the gate. It also took Bumrah's match figures to 9/156, with his tally of wickets in this series standing at 30. (With IANS inputs)The year in money: inflation eased, optimism ticked upward

Most Asian currencies subdued heading towards year-end; S.Korean markets rise

Trump Plans DOJ Overhaul Including Firing of Jack Smith's Team

President-elect wants to turn the lights out on daylight saving time. In a post on his social media site Friday, Trump said his party would try to end the practice when he returns to office. “The Republican Party will use its best efforts to eliminate Daylight Saving Time, which has a small but strong constituency, but shouldn’t! Daylight Saving Time is inconvenient, and very costly to our Nation,” he wrote. Setting clocks forward one hour in the spring and back an hour in the fall is intended to maximize daylight during summer months, but has long been subject to scrutiny. Daylight saving time was first adopted as a wartime measure in 1942. Lawmakers have occasionally proposed getting rid of the time change altogether. The most prominent recent attempt, a now-stalled bipartisan bill named the , had proposed making daylight saving time permanent. The measure was , whom Trump has tapped to helm the State Department. “Changing the clock twice a year is outdated and unnecessary,” Republican Sen. Rick Scott of Florida said as the Senate voted in favor of the measure. Health experts have said that lawmakers have it backward and that standard time should be made permanent. , including the American Medical Association and American Academy of Sleep Medicine, have said that it’s time to do away with time switches and that sticking with standard time aligns better with the sun — and human biology. do not observe daylight saving time. For those that do, the date that clocks are changed varies, creating a complicated tapestry of changing time differences. Arizona and Hawaii don’t change their clocks at all.

( MENAFN - Daily News Egypt) Three leading Egyptian banks-the National bank of Egypt (NBE), Banque Misr, and QNB AlAhli-have extended joint financing worth EGP 4.235bn to Al-Zahi Group. This financing aims to support key development projects, with NBE serving as the lead arranger, financing marketer, financing agent, and document bank within the alliance. Banque Misr acts as an initial main arranger, financing marketer, and account bank, while QNB AlAhli fulfills the role of an initial main arranger. The funding will be directed toward various projects, including facility design, land reclamation, infrastructure development, agricultural land leveling, establishing irrigation and drainage systems, and executing electrical and mechanical works. The signing ceremony was attended by prominent banking and business leaders, including Yehia Abou El-Fotouh, Deputy CEO of NBE; Sherif Riad, CEO of Corporate Banking Credit and Syndicated Loans at NBE; Mohamed Khairat, Head of Corporate Credit and Syndicated Loans at Banque Misr; Abdel Rahman Talaat, Head of Corporate Finance and Investment at QNB AlAhli; and Ahmed El Zahi, Chairman of Al-Zahi Group. Yehia Abou El-Fotouh highlighted that the financing aligns with NBE's strategy to support vital economic sectors, fostering growth across industries and value chains. He commended the efforts of the bank's team in conducting comprehensive studies and facilitating cooperation that culminated in this financing deal. Sherif Riad emphasized NBE's commitment to backing large-scale development projects in Egypt, particularly those that enhance food security and contribute to economic stability. He underscored the importance of expanding agricultural land and production, which reduces imports, improves trade balances, and creates job opportunities by leveraging modern technological methods. Mohamed Khairat reiterated Banque Misr's dedication to financing vital projects across diverse sectors to stimulate economic growth and enhance Egypt's competitiveness. He noted that this partnership reflects the bank's strategic goals of supporting the national economy, aligning with Egypt's Vision 2030 for sustainable development. Khairat also praised the collaboration among the participating banks, highlighting the shared commitment to advancing the national economy. QNB's Abdel Rahman Talaat stressed the importance of the banking sector's role in financing projects with significant economic and social impacts. He emphasized QNB Egypt's focus on supporting agricultural development to achieve food security, create thousands of jobs, and contribute to sustainable development goals. Talaat also noted QNB Egypt's growing influence in fostering major national projects through its strong relationships with international financial institutions. Ahmed El Zahi expressed gratitude for the collaboration with Egypt's leading banks, underscoring the importance of such partnerships in driving the nation's development. He highlighted Al-Zahi Group's diverse expertise in integrated general contracting, including river works, sidewalk construction, dredging, thermal and hydropower stations, roads and bridges, dams, and water and sewage networks. The company also specializes in complementary activities such as ready-mix concrete production, insulation, and polyethylene works. This joint financing underscores the critical role of Egypt's banking sector in fostering economic growth and supporting sustainable development across the nation. MENAFN23122024000153011029ID1109025660 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Thanks to another $70,000 in matching funds from generous donors, we are raising our end-of-the-year goal to $310,000. Every dollar you give today will be matched. The year-long fight over Valencia Street bikeway continues. When the San Francisco Municipal Transportation Agency’s board approved a new curbside Valencia bike lane design on Nov. 19 — after a year with the controversial center-running bike lane — many expected it to be an end. Weeks later, however, a nascent coalition of Valencia street merchants and residents has filed an appeal against the new design, demanding the city to re-evaluate the project. The group — the Valencia Association of Merchants, Artists, Neighbors, and Organizations, or VAMANOS (let’s go) in Spanish — maintains that the new bikeway project fails to address legal, environmental, and community considerations required under the California Environmental Quality Act exemption granted for the project, according to the appeal . Want the latest on the Mission and San Francisco? Sign up for our free daily newsletter below. The appeal was filed Dec. 4 to the Board of Supervisors. The board will hold a hearing on the matter on Jan. 28, 2025 at 3 p.m. The outcome could delay the planned January 2025 construction start for the side-running lanes . Julio Ramos, an attorney representing VAMANOS, said the merchants feel “the city is not recognizing or appropriately studying” “a lot of impacts.” Meanwhile, Ramos said, “VAMANOS wants it resolved as quickly as possible” so merchants and residents on Valencia Street can move on. “Hopefully, we can avoid litigation. And that the MTA will take a harder look at the environmental impacts of the project.” VAMANOS currently has about 12 active members, two-thirds of which are merchants, including Amado’s and Consumer Auto Body Inc. according to its attorney Ramos. A May email from the group listed Rossi Art Gallery, Yasmin, Amado’s, Consumer Auto Body Inc., Gola, Chic n’ Time, the Phoenix, Jays Cheesesteaks, Valencia Whole Foods, and Sidewalk Juice. The group is “being more militant” than the Valencia Corridor Merchants Association, Ramos said. “They’re not going to agree to the bike lane concepts without at least understanding what it means moving forward.” Kevin Ortiz, the co-founder of VAMANOS , stepped aside from the Latinx Democratic Club in July of this year after allegations of a 2021 sexual harassment incident. SFMTA spokesperson Michael Roccaforte said in a statement that the new design is the result of outreach and engagement with the Valencia community throughout 2024. “From one-on-one merchant meetings and outreach events to block-by-block planning, every detail of our new curbside design reflects hundreds of conversations, community insights, our technical expertise and our commitment to safer streets that work for all.” The appeal argues that the Valencia corridor’s historic character may be threatened by the proposed curbside bike lanes’ “modern, fragmented designs.” That design includes hundreds of plastic barriers, “unconventional bike lanes,” and “floating parklets,” which are parklets that will be separated from the sidewalk by the bike lane. Another issue: the proposed bikeway may have an impact on the environment by removing parking. The new design will remove about 79 parking or loading spots, or 40 percent of the 225 spaces on Valencia between 15th and 23rd streets, according to the SFMTA. The appeal claims that will cause drivers to circle for parking spaces and worsen congestion. The center bike lane removed around 70 parking spaces . Additionally, the appeal claims, the floating parklets of the new design may pose safety risks as they require employees of small businesses to cross bike lanes to serve customers sitting in parklets. The move by VAMANOS has dismayed the Valencia Corridor Merchants Association, which was founded in early 2000s and has been a major player in negotiations with the SFMTA about the bikeway designs. President Manny Yekutiel said he understands the general sentiment in the appeal but has “major concerns about this tactic.” “Doing this has a very high likelihood of just extending the life of the center running bike lane by months, if not a year,” said Yekutiel, who said the merchants also fear that the appeal might push construction of the new bikeway into the spring and summer, the busier seasons for the commercial corridor. Yekutiel said “It’s time for us to move on” from the bike lane discussions. The appeal, he said, is “just going to continue the fighting. It’s going to continue the debate. It’s going to hurt. It’s going to make it even harder for the Valencia corridor to start a new chapter.” We're a small, independent, nonprofit newsroom that works hard to bring you news you can't get elsewhere. Fresh off months of election coverage, we're in a crazy period of end-of-year fundraising at an equally crazy political time. We're asking for your support. We just received more matching funds to double your donation and take our fundraising to $310,000 . If you can, consider joining the 1,800+ readers who've given to our scrappy, hard-hitting operation. About 75% of our revenue comes from readers like you Twitter Instagram YouTube LinkedIn MastodonJustmarkets Celebrates Key Milestones From 2024 Media Outreach Newswire APAC

X owner Elon Musk has delivered a brutal takedown of an Australian newspaper, predicting they will lose their readership over “relentless lying”. The hit targeted Nine Entertainment’s Sydney Morning Herald after it published an opinion piece on Sunday featuring a prediction that irked the billionaire. The outlet published an article by technology editor David Swan in which he shared his predictions for the industry in 2025. One prediction was that Mr Musk would leave electric car manufacturer Tesla to focus on Government work with US President-elect Donald Trump. Mr Swan suggested that the world’s richest man would have too much on his plate. “To be juggling leadership roles at X (formerly Twitter), Tesla, SpaceX, xAI, the Boring Company and Neuralink was already unsustainable,” the SMH article read. “Musk now has wormed his way into Trump’s inner circle, and will jointly lead the president-elect’s DOGE – Department of Government Efficiency – in a bid to slash billions in government expenditure. “After constant controversies and distractions, it will all come to a head in 2025, and Musk will be forced to hand over the reins at Tesla, a company many mistakenly think he founded.” The prediction over Mr Musk’s resignation was not appreciated by the world’s richest man. Replying to a screenshot of the opinion piece, Mr Musk delivered his own prediction for 2025, aimed directly at the publisher of the article. “I predict that the Sydney Morning Herald will continue to lose readership in 2025 for relentlessly lying to their audience and boring them to death Mr Musk’s smackdown was shared with his 209 million followers on the X social media platform. “Easy prediction to make, any legacy media continuing to lie to their readers will face significant decline,” one user added to Mr Musk’s prediction. “Australia, Ireland and the UK are stuck in the woke nightmare, and I feel for them,” said another. “They are becoming more and more irrelevant,” a third added. One user shared a screenshot of Nine Entertainment’s share price, which has been in decline since 2022. Back on the Sydney Morning Herald website, Mr Swan appeared to strike a chord with some readers. “I’d love to see Musk on a one-way trip to Mars and stop teaching me how to live my life,” one person commented. “Musk quits Tesla and becomes de facto President of the USA!” wrote another. Mr Musk agreed with one user commenting on his post who said that “legacy media is in a doom spiral”. Mr Swan appeared to brush off the attack on his own X profile, writing, “Damn, roasted” in a post accompanied by a retweet of Mr Musk’s clap back. However, the reaction to Mr Swan’s was split on his profile. “You need to frame this,” one wrote. “How about so-called journalists try and get their dignity back by not reporting lies and gearing the audience towards clickbait,” said another. The controversy ended a week that the Sydney Morning Herald may want to put behind them. On Friday, the newspaper issued an apology after incorrectly identifying Adelaide barrister Ian Roberts as the South Australian fatality in the Sydney to Hobart race. Mr Roberts was not killed in the tragic accident, instead, South Australian Nick Smith lost his life when he was struck by a boom during dangerous weather. “The Sydney Morning Herald incorrectly named Adelaide barrister Ian Roberts as one of the victims in the Sydney to Hobart yacht race,” the Sydney Morning Herald wrote. “This was incorrect. We apologise to Mr Roberts and his family.”MOBILion Systems Partners with Dr. Oliver Schmitz to Advance Multiomics Research

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