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Record Surge in Sports Industry M&A and Private Equity Investments in 2024, Driven by Fan Engagement and Technology
In 2024, the sports industry saw a record year for mergers and acquisitions (M&A), with a 44% increase in deals compared to 2023, totaling 410 transactions. This surge was mainly driven by a rise in private equity investments, growing fan engagement, and the emergence of sports technology. Private equity deals nearly doubled from 96 in…
Read MoreImpact of New Executive Orders on FDA’s Medical Device and AI Regulations
Recently, the new administration released executive orders signed by US President Donald Trump that may impact the FDA’s oversight of medical devices and digital health products. Key points include: Regulatory Freeze: A new executive order halts the FDA from issuing or proposing new rules until reviewed and approved by an appointed agency head. This could…
Read MoreTech For Good: The Future of Healthcare is Digital
The healthcare industry is rapidly evolving with the integration of innovative technologies such as connected devices, wearables, surgical robots, and smart bandages. These advancements are driving the medical device market towards a projected value of USD 94.2 billion by 2026, aiming to improve care quality, efficiency, and accessibility. A major focus is on shifting toward…
Read MoreBig Moves in Pro Pickleball: New Investors Join AZ Drive with $10M+ Deal
Big news in the world of pro pickleball! A group of investors has purchased a controlling stake in Arizona-based MLP team AZ Drive, valuing the franchise at over $10 million. The new ownership group includes Charles Darling and Tim Fyke of Proton Sports, NFL legend Jack Plummer, and financial pro Jeff Tsao. They join existing…
Read MoreCould energy transition could be a $50 trillion investment opportunity in the coming decades?
J.P. Morgan Chase & Co. is bucking a trend embraced by many of its Wall Street peers: transition finance. This strategy, aimed at funding activities that help reduce carbon emissions across the economy, operates in a regulatory gray area. Despite this, corporate decarbonization is seen as a massive business opportunity, with Apollo Global Management estimating…
Read MoreFederal Reserve Faces Uncertainty Over Future Rate Cuts Amid Strong Economy and Policy Shifts
Federal Reserve officials are expected to continue reducing interest rates at their December 2024 meeting, but the extent of future rate cuts is uncertain. The minutes from the Fed’s November meeting, set to be released on November 27, will show debates among officials regarding the economy’s strong performance despite slower job growth and rising inflation.…
Read MoreFinance leaders weigh healthcare AI investments against returns
Finance leaders weigh AI healthcare investments against returns In 2024, 15% of providers and 25% of payers indicate they have a defined AI healthcare strategy. U.S. healthcare providers and payers have significantly increased their IT spending, focusing on AI, cybersecurity, and IT infrastructure. AI Adoption in Healthcare: AI adoption is progressing, with 15% of providers…
Read MoreBritain’s Historic Transition: The End of Coal Power and the Path to Sustainable Energy
This week, the closure of Britain’s last operating coal power plant marks the end of over 140 years of coal-fired electricity, showcasing that major economies can effectively transition away from this fossil fuel. Dave Jones from Ember highlights the symbolic nature of this achievement, as Britain was the first country to rely heavily on coal…
Read MoreFDA Launches Long-Awaited Medical Device Surveillance System
The FDA is finally launching a long-awaited surveillance system to monitor medical device safety, 12 years after it was mandated. This system will utilize real-world evidence (RWE) from electronic health records and billing claims to identify safety issues in near real-time. Currently, the FDA relies on inconsistent reports from manufacturers and healthcare providers, leading to…
Read MorePickleball Poised to Replace Golf as the Go-To Venue for Corporate Events
Pickleball is emerging as a popular alternative to golf for corporate events, offering a more inclusive and accessible experience. Corporate bookings at pickleball clubs in the U.S. surged in June, with operators reporting significant increases in event requests. Take for example the Ace Pickleball Club, which is experiencing a growing demand even before opening new…
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