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Sarbananda Sonowal reviews NMHC project progress in Lothal, GujaratAP Business SummaryBrief at 3:14 p.m. EST
NoneMuscat : The Shura Council today hosted Sultan Salim Al Habsi, Minister of Finance, to discuss the ministry's statement on the draft State Budget for the fiscal year 2025. The meeting was held as part of the Council’s 2nd session of the 10th Term’s second annual sitting. Khalid Hilal Al Maawali, Chairman of the Shura Council, said that the meeting reflects the Council’s keenness to learn about upcoming year’s volume of revenues, expenditure estimates, economic growth rates, the financial and monetary policy, the size of savings versus investment and oil production rates and prices. For his part, Al Habsi said that financial measures and policies applied by the government since 2020, coupled with a rise in oil prices, directly reflected on the improvement of the Sultanate of Oman’s economic and financial indices—the most prominent of which is a decline in the public debt and the restoration of investment worthiness. Al Habsi pointed out that the government keeps managing the state's public finances in accordance with preset plans aimed to enhance the growth of non-oil revenues and upgrade the efficiency of public spending, in addition to cutting down public debt to help achieve financial sustainability and economic growth. The minister affirmed that the draft State Budget 2025 was designed to enable the government to maintain the smooth flow of financial, economic and social stability. This, he added, goes in line with the financial framework of the Tenth Five-Year Plan and Oman Vision 2040. He explained that the estimates of State Budget 2025 accomodated all measures for providing insurance coverage and protection for various segments of society, maintaining the level of spending on basic services (like education, health and housing) and stimulating the national economy by enhancing the growth of companies and projects that support economic diversification. The session reviewed prominent features of the budget, including financial, economic and social aspects and the basic assumptions that shaped the projections of State Budget 2025 in tandem with oil prices and global variables. The meeting also dealt with the estimates of public revenues, public spending, public debt management, deficit and financing, inflation rates, investment spending, development project priorities and means to maintain the sustainability of development achievements and realizing economic and social goals that are targeted by the government. The session touched on three bills of law referred by the government, namely the draft “Real Estate Regulation Law”, the draft “Communications and Information Technology Regulation Law” and the draft “Anti-Human Trafficking Law”. The meeting also endorsed the report of the Economic and Financial Committee on the draft State Budget 2025.Apple has found itself in hot water after its much-touted AI feature, “Apple Intelligence,” began generating false news headlines. Designed to streamline notifications, the feature instead sparked controversy by attributing fabricated headlines to respected news organizations. One glaring example involved a false claim that a murder suspect had shot himself, wrongly attributed to BBC News. This incident quickly went viral on social media, highlighting the speed and scale at which misinformation can spread in the digital age. This isn’t the first time Apple Intelligence has misfired. Just last month, a notification falsely suggested that Israeli Prime Minister Benjamin Netanyahu had been arrested, misconstruing a New York Times report about an International Criminal Court arrest warrant. These incidents have triggered a wave of criticism, with journalism organizations and the public alike expressing concerns about the potential of AI to distort facts and erode trust in news sources. The Fallout: Eroding Trust and Calls for Action The repercussions of these errors are significant. Reporters Without Borders (RSF), a prominent international non-profit organization defending freedom of information, has called on Apple to disable the Apple Intelligence feature. They argue that the spread of false information undermines the credibility of journalism and can have serious consequences in the real world. Public reaction has been swift and critical. Social media platforms are buzzing with discussions about the incident, with many users expressing disappointment and concern about Apple’s AI technology. Some have even called for a boycott of Apple products until the issue is addressed. Apple’s Silence Amplifies the Problem Adding fuel to the fire, Apple has yet to issue a public statement or acknowledge the errors. This silence has only intensified the criticism, with many seeing it as a sign that the company is not taking the issue seriously. The lack of transparency raises questions about Apple’s commitment to addressing the flaws in its AI technology and preventing future incidents. My Take: A Wake-Up Call for the AI Industry As someone who has been closely following the development of AI, I find this situation deeply concerning. While AI has the potential to revolutionize many aspects of our lives, this incident serves as a stark reminder that the technology is still in its early stages and prone to errors. It underscores the critical importance of rigorous testing and oversight before releasing AI-powered tools into the wild. Moreover, this situation highlights the ethical challenges associated with AI. When AI is used to generate and disseminate information, there is a risk that it can be used to manipulate public opinion or spread propaganda. It is crucial for companies like Apple to be transparent about how their AI systems work and to take steps to mitigate the risks of misinformation. The Road Ahead: Accountability and Transparency are Key This incident should serve as a wake-up call for the entire AI industry. It is essential for companies developing AI technologies to prioritize accuracy and reliability. This means investing in robust testing and validation processes and being transparent about the limitations of their AI systems. Furthermore, there is a need for greater collaboration between the tech industry and journalism organizations. By working together, they can develop guidelines and best practices for the use of AI in news reporting. Looking beyond the headlines, here are some key takeaways from this incident: The Apple Intelligence debacle is a significant setback for the company and a reminder of the challenges associated with developing and deploying AI technologies. It is crucial for Apple to take swift action to address the flaws in its system and regain the trust of its users. More broadly, this incident highlights the need for the entire AI industry to prioritize accuracy, transparency, and ethical considerations in the development and use of AI.
Indiana aims to run its winning streak to five games Friday night when Nebraska welcomes the Hoosiers to Lincoln, Neb. Indiana (8-2, 1-0 Big Ten) has lost the past three meetings with Nebraska after winning seven straight. The Hoosiers are led by center Oumar Ballo, a transfer from Arizona who averages 13.2 points and 9.1 rebounds per game, and forward Malik Reneau (team-best 15.5 points and 6.4 rebounds). Reneau, according to Indiana, is one of five major-conference players to average at least 10 points per game with a field goal percentage of at least 60 and 80 percent from the free-throw line. Off Indiana's 82-67 home win over Minnesota on Monday, head coach Mike Woodson said there are things to work on going forward. "When you get a team down 15, 20 points, you got to remember how you got them down and continue to do the same things that got you the lead," said Woodson, "and I don't think we did that coming down the stretch." Nebraska's best win this season was over then-No. 14 Creighton in an in-state battle last month. But the Cornhuskers (6-2, 0-1) haven't played a very difficult schedule, and were blown out 89-52 by current No. 21 Michigan State on the road last weekend. The Spartans became the first team in 25 games to make more than 50 percent of their shots against Nebraska, so improved defense will be key for the Huskers. Nebraska was also outrebounded 48-19. "That hadn't been us all year, and that was the disappointing thing," coach Fred Hoiberg said. "The physicality of the game in this league ... we're going to see it every night. I've been pleased with how they've responded, but we'll see how they step up to the challenge Friday night." If Nebraska can turn things around on offense, it is 38-2 under Hoiberg when scoring at least 80 points, including 4-0 this season. Brice Williams is Nebraska's leading scorer at 17.5 points per game. Connor Essegian adds 13.0 ppg and shoots 42.6 percent from 3-point range. --Field Level MediaSite Is in One of The Country's Fastest Growing Areas with One of The Strongest Economy And Provides Easy Access to The Crossroads of America SALT LAKE CITY , Dec. 12, 2024 /PRNewswire/ -- VanTrust Real Estate today announced the acquisition of 32 acres, located at 5998 West Parkway Blvd, in West Valley City, Utah , to build four industrial warehouse buildings. The site's prime location offers easy access to the "Crossroads of America" – a network of interstates, local highways, roads and rail lines that converge in Utah's capital city area. The site is located just south of State Route 201 and west of Mountain View Corridor. It is also near the Salt Lake City International Airport, Interstate 80, Interstate 15, and the Union Pacific Railroad intermodal hub. The site will accommodate four buildings that will provide 600,000 square feet of new Class A industrial space to this growing logistics area. According to Tom Freeman and Travis Healy of Colliers, the leasing team VanTrust has hired to market the buildings, there is consistent demand for space in this area due to its strategic position in the Salt Lake Valley, and because the area is one of the fastest growing and has one of the strongest economies in the country. "We are thrilled to have acquired this advantageously located site on which to build new industrial warehouses," said Chris McCluskey , VanTrust's Executive Vice President of Development for Salt Lake City . "One of our specialties at VanTrust is industrial properties, and we are excited to add this tremendous location to our portfolio." VanTrust anticipates construction on the first two buildings will start in late spring 2025 and deliver late spring 2026. Construction timing on the second two buildings is still to be determined. Specific tenants for the warehouses have not yet been identified. Since its inception in 2010, VanTrust has experienced rapid growth. The full-service real estate development company is based in Kansas City , with offices in Columbus , Dallas , Phoenix , Jacksonville , and Salt Lake City . VanTrust has developed more than 68 million square feet of office, industrial, multifamily, science + technology, and mixed-use development. The company has more than $7 billion of product nationwide. About VanTrust Real Estate VanTrust Real Estate, LLC is a full-service real estate development company. The company acquires and develops real estate assets for the Van Tuyl family portfolio and offers a broad range of real estate services including acquisition, disposition, development, development services, corporate services, and asset enhancement. Product types include office, industrial, multifamily, mixed-use and science + technology. VanTrust works nationally with regional offices in Columbus , Dallas , Phoenix , Jacksonville and Salt Lake City with its headquarters in Kansas City, Missouri . For more information, visit www.vantrustre.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/vantrust-real-estate-acquires-strategically-located-salt-lake-county-site-to-build-four-new-industrial-warehouses-302330708.html SOURCE VanTrust Real Estate
Usman Khawaja makes eye-opening call on retirement amid Aussie star's worrying form slump
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