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2025-01-11   

I went to Aldi and faced my fears and now I am totally convertedStock markets in the Gulf were mostly subdued on Sunday, weighed down by concerns that the U.S. Federal Reserve will make fewer rate cuts next year, though a cooler-than-expected inflation report kept the losses in check. Markets were jolted after the Fed forecast only two rate reductions in 2025 and raised its inflation estimate, in a nod to the economy’s continued resilience and still-high price rises. Following the November inflation data, traders raised their rate cut bets for 2025, now expecting a rate cut first in March and then again by October. The Fed’s decisions have a significant impact on the Gulf region’s monetary policy, as most currencies there are pegged to the U.S. dollar. Saudi Arabia’s benchmark index was down for a second straight session, falling 0.4%, with most sectors in the red. UAE markets gain ahead of key US inflation data Healthcare provider Dr Sulaiman Al Habib Medical Services slipped 4% and Saudi Aramco lost 1.9%. SABIC Agri-Nutrients Company gained 3% after the fertilizer and chemicals maker declared a cash dividend of 3 riyals per share for the second half of the year and said it has amended the protocol for declaration and distribution of interim dividends. The Qatari benchmark index rose 1% as it resumed trading after a two-day break for a national holiday, lifted by gains in almost all stocks. Qatar Islamic Bank climbed 1.6%, while Industries Qatar gained 0.9%. Meanwhile, Qatar’s energy minister told the Financial Times the country would stop shipping gas to the European Union if member states strictly enforce a new law cracking down on forced labour and environmental damage. Outside the Gulf, Egypt’s blue-chip index eased 0.5% with Commercial International Bank shedding 0.5% and E-Finance for Digital falling 2.5%. SAUDI ARABIA down 0.4% to 11,849 KUWAIT rose 0.2% to 7,818 QATAR gained 1% to 10,559 EGYPT down 0.5% to 30,373 BAHRAIN fell 0.3% to 1,994 OMAN lost 0.5% to 4,488fb777 011

Share Tweet Share Share Email In an era where technology drives innovation and progress, ensuring that our advancements align with environmental sustainability is crucial. The rapid growth of technology has introduced significant benefits, but it has also posed challenges, particularly concerning energy consumption, e-waste, and carbon emissions. At IT Digital Media , we believe that sustainable tech practices are not only necessary but also achievable. This guide explores practical strategies and innovative solutions for creating a greener tech ecosystem. Understanding Sustainable Technology Sustainable technology refers to the use of technology in ways that minimize negative environmental impacts. This includes designing, producing, and using tech products and services that are energy-efficient, recyclable, and responsible. By adopting sustainable practices, businesses and individuals can contribute to a healthier planet while reaping economic and social benefits. The Importance of Sustainable Tech Practices Reducing Carbon Footprint : Technology-related industries are significant contributors to global greenhouse gas emissions. Sustainable practices help reduce this impact. Minimizing E-Waste : Millions of tons of electronic waste end up in landfills annually. Sustainable solutions encourage recycling and reuse. Cost Efficiency : Energy-efficient technologies often result in reduced operational costs for businesses. Corporate Responsibility : Companies adopting green practices enhance their brand reputation and meet increasing consumer demands for eco-friendly solutions. Key Sustainable Tech Practices Here are actionable strategies to adopt sustainable technology practices: 1. Energy-Efficient Data Centers Data centers consume vast amounts of energy to power and cool servers. Transitioning to energy-efficient models is a critical step in sustainability: Green Energy Sources : Utilize renewable energy, such as solar or wind, to power data centers. Virtualization : Consolidate workloads onto fewer servers to reduce energy consumption. Cooling Optimization : Implement advanced cooling systems like liquid cooling or free-air cooling to enhance efficiency. 2. Eco-Friendly Hardware Design Manufacturers and businesses can prioritize environmentally friendly hardware design by: Using Recyclable Materials : Opt for materials that can be recycled or biodegraded. Designing for Durability : Create devices with longer lifespans to reduce frequent replacements. Modular Components : Enable easy upgrades and repairs to minimize electronic waste. 3. Circular Economy in Tech A circular economy focuses on extending the lifecycle of products through repair, reuse, and recycling: E-Waste Recycling Programs : Participate in or establish e-waste collection and recycling initiatives. Refurbished Devices : Encourage the use of refurbished tech products to reduce demand for new manufacturing. Sharing Platforms : Promote tech-sharing platforms where users can borrow rather than buy devices. 4. Sustainable Software Development Software development also has a role to play in sustainability: Energy-Efficient Code : Write optimized code that requires less computational power. Cloud Optimization : Use cloud services that are powered by renewable energy. Green Software Metrics : Measure and reduce the environmental impact of software applications. 5. Smart Technology Integration Smart technologies can significantly improve energy management and resource utilization: Smart Grids : Integrate IoT and AI to optimize energy distribution and consumption. Energy Monitoring Systems : Use sensors and software to track and reduce energy use in offices and homes. Smart Appliances : Invest in appliances that are energy-efficient and IoT-enabled. Real-World Examples of Sustainable Tech Practices Google : Achieved carbon neutrality in 2007 and is committed to running on carbon-free energy by 2030. Apple : Uses 100% renewable energy in its facilities and prioritizes recycled materials in its products. Dell : Offers take-back and recycling programs for used devices. These companies set benchmarks for others to follow, proving that sustainable tech practices are not only feasible but also profitable. The Role of IT Digital Media At IT Digital Media , we’re dedicated to promoting and supporting sustainable tech practices. Through our platform, we: Educate : Provide insights and resources on the latest green technologies and strategies. Inspire : Share success stories of businesses adopting sustainable practices. Connect : Highlight tools and platforms that help organizations and individuals make eco-friendly choices. Explore our resources at https://www.itdigitalmedia.com to stay updated on sustainable innovations in technology. How Individuals Can Contribute Adopting sustainable tech practices isn’t just for businesses; individuals can make a significant impact too: Extend Device Lifespan : Repair and upgrade devices instead of replacing them frequently. Recycle Responsibly : Dispose of electronics at designated e-waste recycling centers. Energy Conservation : Use energy-saving settings on devices and unplug chargers when not in use. Support Green Brands : Choose products from companies committed to sustainability. Challenges in Implementing Sustainable Tech Practices While the benefits of sustainable technology are clear, challenges remain: Initial Costs : Transitioning to green technologies often requires upfront investments. Awareness : Many businesses and individuals lack awareness of sustainable options. Scalability : Implementing large-scale sustainable solutions can be complex. Despite these challenges, the long-term advantages make sustainability an essential pursuit for the tech industry. The Future of Sustainable Technology The future of sustainable technology is promising, driven by innovation and global awareness. Key trends include: Renewable Energy Integration : Greater reliance on solar, wind, and other renewable sources. Advanced Recycling Techniques : Innovations in material recovery and reuse. AI for Sustainability : Using AI to predict and optimize resource utilization. At IT Digital Media, we’re excited to witness and report on these advancements, ensuring our readers are well-equipped to participate in the journey toward a greener future. Sustainability in technology is no longer optional—it’s imperative. By adopting energy-efficient practices, embracing a circular economy, and leveraging smart technologies, we can build a tech ecosystem that supports both innovation and the environment. Whether you’re a business leader or a tech enthusiast, there’s a role for everyone in this movement Related Items: Eco-friendly , Sustainability , Sustainable technology Share Tweet Share Share Email Recommended for you Sustainable Tech: How Can Businesses Contribute to a Greener Future? Eco-Friendly Excellence: 2024 Green Cleaning Solutions for Commercial Spaces Leveraging Weather Data to Improve Emergency Response CommentsWake up the ghosts! Texas, Texas A&M rivalry that dates to 1894 is reborn

It seemed like companies couldn’t hire information technology analysts fast enough in 2014 when Michael Deneen began his IT career. Job counts nationally soared in the 2010s and early 2020s, but then the market flattened and a profession that looked like it might grow uninterrupted started shedding jobs. Laid off twice this year from Minnesota IT jobs, Deneen said he’s found it hard to snag the next gig. “Before I could have three, four offers lined up and would have to choose between them,” the Columbia Heights man said. “It’s like I’m struggling to even get a foot in the door in places that I’m more than qualified for.” ADVERTISEMENT Even with the state’s relatively low 3.5 percen t unemployment rate, some mid-career Minnesotans and those just coming out of college are seeing a job market now that worries them. Recent layoffs at Cargill in the Twin Cities and last week’s announcement that Arctic Cat, the Minnesota snowmobile maker, will shutter its manufacturing operations next year in Thief River Falls and St. Cloud, have added to the anxiety. Analysts say Minnesota’s job market remains robust, but for some there’s a skills matchup problem as some sectors grow while others flatten or decline. “I’m not gonna lie, it’s been hard,” Deneen said of finding the next IT job. “I’ve had a lot of self-doubt now, like questioning is this really an industry I am good at? Is this something I should even be in anymore? I’m also 40. It’s like, I can’t really switch careers at this point.” Health care, government, leisure and hospitality and transportation are among the Minnesota sectors that continue to show strong job growth, according to state data. Other industries are growing slower, including construction and manufacturing. “We’ve heard from some folks that maybe it has taken a little longer than what they remember in the past if they were previously unemployed. Some individuals don’t say that at all,” said Sara Garbe, workforce development supervisor at the Minnesota Department of Employment and Economic Development. “November and reaching December, we certainly see a slowdown of hiring and folks may mention things like that they’ve heard from recruiters that maybe a decision won’t be made until after the holidays or after the first or the last quarter of the year,” added Garbe, whose staff works with new job seekers and those in mid-career. For recent college grads who haven’t landed work, the holiday season can bring its own pressures. ADVERTISEMENT Raina Hofstede, 22, studied English at Harvard University. Since graduating in May and coming back to Minnesota, she said job prospects have been nearly nonexistent. “I feel kind of directionless in the time period that I’m waiting,” said Hofstede, who grew up in Coon Rapids. “I feel like I really want to plan. I’m at a point where, like, I’d love to get things moving.” She’s applied to post-undergrad internships and career-advancing work. She’s looking into publishing, creative writing spaces and museums and hopes a stint working in comedy clubs while at Harvard might intrigue an employer. The search and the uncertainty around it is a grind, she acknowledged. “I think, as time goes on, and this feels sad, but I think as time goes on, my belief in myself slowly drops a little bit more with more rejections, and so I feel like I’ll be applying to less and less competitive things as I move forward,” Hofstede said. ' Minnesota showed strong steady job growth coming out of the Great Recession in 2009, reaching nearly 3 million jobs by February 2020. The COVID-19 pandemic torpedoed that growth — the state lost more than 400,000 jobs, nearly 14 percent of its employment, in the span of a few months. Job counts didn’t return permanently to pre-pandemic levels until September last year. The current state and national unemployment rates are relatively low, although they have ticked up over the past year. Minnesota’s unemployment rate is lower than the U.S. unemployment rate at 4.2 percent. Based on the most recent data, Minnesota has six unemployed people for every 10 job openings where nationally there are nine unemployed people for every 10 openings. ADVERTISEMENT Knowing that doesn’t make it easier for those looking for work, waiting for answers from prospective employers. “It just kind of feels like they have no respect for a candidate or their time, or them as a person,” Deneen said of the current market. “It’s an entire game, and it shouldn’t be this way.” Garbe said technology is transforming job searches in ways that may make landing work more challenging for some in mid-career or just starting out. Companies are using automated systems or in some cases artificial intelligence systems to screen applicants before a human gets to them. She encourages job seekers to reach out to one of DEED’s more than 50 CareerForce offices across the state where analysts can review resumes or cover letters with job seekers and offer help with writing and strategy. They can also connect people to needed training or certifications. Garbe also suggests reflecting on what you’ve accomplished to boost your self-confidence if you get overwhelmed. Social media has become a resource for job seekers as they look. Groups on Reddit like r/StudentJobSearch have become a space for venting and advice with conversations about job searching and applications. LinkedIn is also seeing similar support groups, including two Deneen is in that focus on networking and project management. ADVERTISEMENT Hofstede said she’s found solace leaning on those around her who are going through these same experiences. She and a group of new graduates meet at their public library to sift through job postings and work on cover letters and resumes together. “Something of a little community of people who are unemployed and looking for jobs, and I like having the friends support,” she said. “It is harder to go through something uncertain like this alone.”

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Colina Del Sol grocery store restricts underage customers over shoplifting concernsA Nigerian billionaire’s firm is set to roll out the first AI-powered Radio station in Nigeria The new radio station will commence operations in January 2025, combining entertainment and e-commerce KongaFM will be a pioneer said station in Africa, combining artificial intelligence with entertainment PAY ATTENTION: Follow our WhatsApp channel to never miss out on the news that matters to you! Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade. Nigeria is set for a historic launch of its first AI-powered radio station, marking a breakthrough initiative by Konga, an e-commerce company. The station is reportedly scheduled to begin operations in January 2025 and will be known as KongaFM. KongaFM to combine AI and entertainment The station is said to be the first in Africa to combine artificial intelligence with entertainment and commerce. PAY ATTENTION: Follow us on Instagram - get the most important news directly in your favourite app! According to reports, a source disclosed that KongaFM will be a pioneer platform to empower brands, distributors, and original equipment manufacturers to connect with unreached markets and change the e-commerce landscape. Read also Nigerian billionaire starts another building material business as cement price increases Leadership reports that the station will deliver non-stop music and a unique mix of entertainment and commercial opportunities. The platform's latest media push is part of its wider plans to disrupt conventional marketing communications and amplify consumer engagement across sectors such as FMCG and electronic and digital solutions. Company promises statement in January The move is reportedly set to ignite the FX market, influencing the pricing and availability of critical goods and commodities. It aligns with Konga’s history of innovation in the e-commerce sector. The company has not commented on the new move, although Konga Group CEO Nnamdi Ekeh promised an official statement in January. Konga was acquired by the Chairman of Zinox Technologies, Leo Stan Ekeh, merging with Yudala, a then-burgeoning e-commerce firm. Nigerian billionaire launches cable television Legit.ng earlier reported that KongTV, Africa's first 24-hour buyers and sellers television platform , launched in 2023. The television station launched on November 6, 2023, which coincided with the company's biggest sale of the year. Read also Nigerian entrepreneurs share N11m in TrendX’s Pitch2win competition The television station is designed to offer competitive pricing from sources including manufacturers, distributors, merchants, and resellers. PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ find the “Recommended for you” block on the home page and enjoy! Source: Legit.ng

UBS published their highest conviction investment ideas for next year - falling USD is oneDeep Value In Bumble Unfolds: ~10% Quarterly Buyback Yield

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