Market Watch

PESHAWAR: Higher Education Commission (HEC) Chairman Prof Dr Mukhtar Ahmed on Saturday said digital advancement had become the need of the hour for every organization to work on a par with global trends as digital transformation was crucial for businesses. He stated this while speaking at a function, where he also inaugurated the Cisco International Networking Academy and Support Centre at BRAINS Institute, Peshawar. A good number of professionals, including educationists, researchers, industrialists and media persons from Pakistan and abroad attended the function. “The setting up of Cisco International Networking Academy and Support Centre will provide a host of opportunities for the educational institutions, including schools, colleges and universities in Khyber Pakhtunkhwa,” said Prof Dr Mukhtar Ahmed, adding that HEC supported such initiatives to promote innovative technologies in Pakistan. Fahim Anwar, Country Manager, Cisco International Pakistan, stated, “In association with the Cisco Country Office, Cisco International Networking Academy and Support Center at BRAINS Institute will be an IT skills development and career building programme for both the public and private sector organizations.” “Leading the digital transformation, BRAINSTEC (BRAINS Technology Enterprise Center) is an enduring initiative of BRAINS Institute for imparting education, training and research services in emerging hi-tech fields,” […]

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Hana Financial Group Chairman Ham Young-joo (fifth from left) and the group’s top executives attend an event at Kyung Hee University in Seoul on Saturday. (Hana Financial Group) Hana Financial Group has announced plans to strengthen the company’s global and digital sectors, while improving financial services in 2023. The financial holding firm, whose business spans from bank and card services to securities, shared its vision for the new year Saturday at an event. More than 4,000 employees from 15 affiliates, including Hana Bank, Hana Securities, Hana Card and Hana Capital, took part in the event, with Chairman Ham Young-joo and other top executives in attendance. The in-person event was held for the first time in four years since the onset of the COVID-19 pandemic. "Hana Financial Group is now truly the best financial group in Korea with 1,100 (branches and offices) in and out of the nation and some 21,000 talented employees pursuing their dreams," said Ham, who took the helm of the nation’s third-largest financial group last year. "Let’s reach our goal of becoming Asia’s top financial company in 2023 with the group gathering under the motto of ‘one spirit.’" In 2023, the group will focus on strengthening […]

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A number of organizations have formed that promote women’s contributions in the technology field, with a focus on developing career paths, technical expertise, visibility within the field, and more. In fact, at Acceleration Economy, our parent company’s annual Summit North America event hosts a Women in Tech track that brings together female leaders from the Microsoft business applications ecosystem to network with other women as well as learn from empowering messages and discussions. I was privileged to play an organizing role in that gathering in the fall of 2022. So, I was excited when I recently had the opportunity to connect with a leader from another organization helping to advance women’s contributions to the technology sector: Women in Process Mining , or WIPM. This organization provides a community for women to strengthen their leadership skills, learn more about process mining, and amplify their influence. How Women in Process Mining was Founded Towards the end of 2021, Christine Hunter , VP of Field Marketing, North America at Celonis, had the opportunity to learn about organizations designed to help women advance in technology fields. This prompted her to begin researching and identifying the need for a community to serve women in […]

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Today, the internet is a disparate collection of sites, apps and platforms. Because they are separate from one another, they lack interoperability and data portability. So, despite huge advances made through digital transformation, this current model will eventually constrain businesses. In fact, 95% of executives surveyed for the 2022 Accenture Technology Vision report believe that future digital platforms will need to offer unified experiences, enabling interoperability of customers’ data across different platforms and spaces. However, thanks to two emerging concepts, a new form of internet is emerging that will transcend these limitations: 1) the metaverse continuum, an evolution of the internet that enables people to participate in a persistent shared experience across real-world and virtual realms, and 2) Web3 , or emerging efforts to build a “distributed” layer to the internet via technologies such as blockchain and tokenization. No compatible source was found for this media. Rebuilding cybersecurity threat detection and response Taken together, these are showing us the next generation of the internet — one that moves beyond the fragmented interaction of today into a new world of contiguous immersive experiences. Web3 and the metaverse: The internet reimagined Put simply, the digital world is in the early stages […]

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A newly released study from Smartest Dollar suggests that educational attainment is a good indicator of economic opportunity — and the Beehive State’s capital city is no exception. (Jeffrey D. Allred, Deseret News) Estimated read time: 4-5 minutes SALT LAKE CITY — Is how much schooling a person has a good indicator of economic opportunity in the U.S.? A newly released study from Smartest Dollar suggests so — and the Beehive State’s capital city is no exception. Unemployment rates tend to be lower for people with higher levels of education, and wages tend to be higher. According to the U.S. Bureau of Labor Statistics, the median weekly earnings for workers with a high school diploma total $809. For college degree holders that figure is $1,334, while those with professional degrees earn $1,924 per week. At the same time, students across the nation are grappling with increasing tuition costs. According to data from the College Board, inflation-adjusted tuition and fees for a public four-year college are 2.25 times higher than they were three decades ago, while private nonprofit four-year colleges cost 1.8 times more. This past fall, undergraduate tuition at Utah’s public colleges and universities grew by an average of […]

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Happening this week: Early-bird registration deadline for #DiscoverBMB. Regular registration deadline for Deuel Conference on Lipids. The NIH’s virtual grants conference. And two deadlines for ASBMB undergrads. Every week, we update this list with new meetings, awards, scholarships and events to help you advance your career. If you’d like us to feature something that you’re offering to the bioscience community, email us with the subject line “For calendar.” ASBMB members’ offerings take priority, and we do not promote products/services. Learn how to advertise in ASBMB Today. Jan. 31: Early-bird registration deadline for #DiscoverBMB Take advantage of the early-bird discount to save on registration for #DiscoverBMB, the annual meeting of the American Society for Biochemistry and Molecular Biology . #DisoverBMB’s exciting agenda includes talks by the field’s foremost experts, interactive workshops on the latest trends, technologies and techniques, and an invigorating exhibition of posters, services and products. The meeting attracts researchers from across the globe at all career stages in academia and industry. #DiscoverBMB advances science by supporting scientists. Learn more. Feb. 1: Deuel lipids meeting registration deadline The ASBMB Deuel conference is a must-attend event for leading lipids investigators — and for scientists who’ve just begun to explore the […]

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Food giant Danone is considering getting out of organic dairy in North America and will consider selling its Colorado-born Horizon Organic brand as part of an effort to focus on Danone’s most profitable businesses. Danone North America, co-headquartered in Broomfield and White Plains, New York, is the parent company of the Horizon Organic brands, the milk and dairy business that was started in Boulder in 1991 and was later acquired by Danone. The Paris-based company announced Thursday that its considering options for both its Horizon Organic and Wallaby organic dairy businesses in North America. The move is part of a review of all of Danone’s various brands, which span from milk to non-dairy plant-based milks, infant formula, yogurts, coffee creamers and other products. The North American organic brands encompass milks, creamers, cheeses and butters totaling about 3% of Danone’s global revenue but weren’t measuring up in overall sales growth and operating margins, the company said. “Both Horizon Organic and Wallaby are strong, much-loved brands with compelling growth opportunities. That said, seen through the lens of our Renew Strategy which requires us to stay disciplined in how we allocate our resources, they fall outside our priority growth areas of focus,” […]

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Christine Orita with her new Mercedes-Benz EQS 450+ and old Tesla Model S. Christine Orita was a loyal Tesla fan for years but recently ditched her Model S for an electric Mercedes-Benz. Elon Musk’s politics and disappointing self-driving tech pushed Orita to drop the Tesla brand, she told Insider. She loves how luxurious and comfortable her new Mercedes EQS is compared to her Model S. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . This as-told-to essay is based on a conversation with Christine Orita, 65, a longtime Tesla owner from California who recently decided to ditch her 2020 Model S for an electric Mercedes-Benz. Her words have been edited for length and clarity. Back in 2012, I put down a deposit for the Tesla Model S. I was a real fangirl because I’m on the progressive side when it […]

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Children’s gym equipment at Teeter Tots Music n Motion in Frederick, Md.Lexey Swall for The New York Times The same playbook that has notched high returns acquiring things like foreclosed homes and highway rest stops is being tested by a family-oriented franchise. Tiffany Cianci spends most of her days in socks, padding around the fitness studio she operates in Frederick, Md., about an hour outside Washington. Her clients are young: kids ranging from 4 months to 12 years old. They come to learn somersaults, try the monkey bars, sing some songs. (“Little Red Caboose,” complete with a train whistle accompaniment, is one of her favorites.) Ms. Cianci, 41, spent the first part of her career as a sommelier, specializing in sake. In 2017, wanting to leave the hospitality industry for something that allowed her to spend more time at home, she and her husband bought their facility as part of a franchise chain called The Little Gym. Its slogan: “Serious fun.” They got what generations of franchise owners have gotten out of similar deals, with brands like McDonald’s or Jiffy Lube: a known brand name and detailed business plans in exchange for an initial fee and a cut of […]

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In 2016, a blockbuster drug called Humira was poised to become a lot less valuable. The key patent on the best-selling anti-inflammatory medication, used to treat conditions like arthritis, was expiring at the end of the year. Regulators had blessed a rival version of the drug, and more copycats were close behind. The onset of competition seemed likely to push down the medication’s $50,000-a-year list price. Instead, the opposite happened. Through its savvy but legal exploitation of the U.S. patent system, Humira’s manufacturer, AbbVie, blocked competitors from entering the market. For the next six years, the drug’s price kept rising. Today, Humira is the most lucrative franchise in pharmaceutical history. Next week, the curtain is expected to come down on a monopoly that has generated $114 billion in revenue for AbbVie just since the end of 2016. The knockoff drug that regulators authorized more than six years ago, Amgen’s Amjevita, will come to market in the United States, and as many as nine more Humira competitors will follow this year from pharmaceutical giants including Pfizer. Prices are likely to tumble. The reason that it has taken so long to get to this point is a case study in how […]

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