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? Deal Between Hollywood Studios and Union Helps Avert a Historic Strike

By October 18, 2021No Comments

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Deal Between Hollywood Studios and Union Helps Avert a Historic Strike

The International Alliance of Theatrical Stage Employees (IATSE) and the Alliance of Motion Picture and Television Producers (AMPTP) reached the deal in the form of a new three-year contract addressing the Employee union’s demands for better working hours, enhanced benefits, and improved and safer workplace conditions.

According to the new agreement, there will be a 10-hour break between shifts and 54 hours rest over the weekend.

The studios and producers also consented to increased health and pension plan funding, with a 3% rate increase every year for the three years the contract is valid.

The deal has now moved forward for ratification by the union’s members, which will happen electronically.

Before the deal could be reached, the support for strike authorization among union members was 98%. IATSE has nearly 150,000 crew members in its fold in the US and Canada.

Had there been a strike, it would have been the first in the union’s history. It would also have become the first significant crew strike since WWII.

Facebook Ads Can Be Made to Aim at a Single Person

A paper titled “Unique on Facebook: Formulation and Evidence of (Nano) targeting Individual Users with non-PII Data”, written by academics and computer scientists from Spain and Austria has shown that Facebook’s Ads Manager tool could be used to target ads in a way that each ad would reach a single Facebook user.

The research has raised questions on the much-debated legality of Facebook’s personal data processing capabilities and intentions. The information Facebook collects on people can uniquely identify individuals.

The research and its findings may make lawmakers rethink the perils and legalities of behavioral advertising.

NCS Analytics Raises $11 Million

Data analytics startup NCS Analytics, based out of Colorado, has raised $11 million in Series A funding.

Baseline Ventures led the round along with other investors, including Lewis Wilks of Bright Peaks Capital and Jon Aborn of Starpoint Capital.

NCS was founded in 2016 with the aim of empowering decision-makers with real-time insights, analyzing data obtained from diverse data streams.

According to Steve Anderson, the founder of Baseline Ventures, “NCS provides a comprehensive platform to government regulatory agencies and financial institutions that delivers actionable data on high-risk industries.”

The data proves useful for regulatory enforcement and generates confidence towards payments and products that flow through the industry.

Manufacturing is Overwhelmingly Ready for 5G Adoption

Two companies, Accedian, and Analyses Mason, conducted a study to measure the manufacturing teams’ 5G adoption trends.

76% of respondents said that they are planning to adopt 5G networks by 2024. They have listed multiple benefits that drive their keenness for adoption.

These factors include increased network security (63%), network performance (49%), and application performance (45%).

Increased complexity of managing the network (43%) is seen as one of the major hurdles that have impeded the growth so far.

Around The Web

? Pandora Partners Soundcloud: Pandora, owned by SiriusXM, has partnered with SoundCloud to launch “The Lookout by SoundCloud,” a new station to showcase music from the “hip hop superstars of tomorrow.”

? Karma Raises 25 Million: Karma, an AI startup based in Tel Aviv and aiming to bring in AI Assistance to online shoppers, has raised $25 million in funding led by Target Global and Moretech Ventures.


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