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For the 2025 Australian Open, which is the first Grand Slam tournament in the professional tennis calendar, the prize money for the men's and women's singles winners was set at 3.5 million Australian dollars. Meanwhile, the prize money for the runners-up stood at 1.9 million Australian dollars.
As of January 2025, Italian YouTuber PANDA BOI was ranked first among the most popular YouTube gaming channels with 56.3 million subscribers. Spanish gaming YouTuber Miguel Bernal Montes, better known online as Mikecrack, was ranked second with 53.9 million subscribers.
Gaming content is a popular part of the YouTube content ecosystem. Gaming tutorials, walkthroughs and Let’s Play videos are a staple of the video platform, and over 350 gaming video creators on YouTube had more than 10 million followers and more than 100 billion hours of gaming video content were watched on YouTube. A big audience usually also translates into being able to make a living from monetized YouTube content, sponsorships, influencer marketing campaigns, and merchandise sales. Tyler Blevins (aka Ninja) topped the ranking of the highest earning video gamers worldwide with approximately 17 million U.S. dollars in annual earnings.
Live streaming on YouTube has also gained in popularity since 2018 and has seen a significant boost due to the COVID-19 pandemic. After peaking at the end of 2020, YouTube Gaming Live generated a cumulative 1.18 billion hours of content watched in the third quarter of 2022, representing a 7.4 percent decrease from the previous quarter.
The tech industry had a rough start to 2024. Technology companies worldwide saw a significant reduction in their workforce in the first quarter of 2024, with over 57 thousand employees being laid off. By the second quarter, layoffs impacted more than 43 thousand tech employees. In the final quarter of the year around 12 thousand employees were laid off.
Layoffs impacting all global tech giantsLayoffs in the global market escalated dramatically in the first quarter of 2023, when the sector saw a staggering record high of 167.6 thousand employees losing their jobs. Major tech giants such as Google, Microsoft, Meta, and IBM all contributed to this figure during this quarter. Amazon, in particular, conducted the most rounds of layoffs with the highest number of employees laid off among global tech giants. Industries most affected include the consumer, hardware, food, and healthcare sectors. Notable companies that have laid off a significant number of staff include Flink, Booking.com, Uber, PayPal, LinkedIn, and Peloton, among others.
Overhiring led the trend, but will AI keep it going?Layoffs in the technology sector started following an overhiring spree during the COVID-19 pandemic. Initially, companies expanded their workforce to meet increased demand for digital services during lockdowns. However, as lockdowns ended, economic uncertainties persisted and companies reevaluated their strategies, layoffs became inevitable, resulting in a record number of 263 thousand laid off employees in the global tech sector by trhe end of 2022. Moreover, it is still unclear how advancements in artificial intelligence (AI) will impact layoff trends in the tech sector. AI-driven automation can replace manual tasks leading to workforce redundancies. Whether through chatbots handling customer inquiries or predictive algorithms optimizing supply chains, the pursuit of efficiency and cost savings may result in more tech industry layoffs in the future.
From January 2022 to July 2024, a global trend emerged as almost all advanced and emerging economies increased their central bank policy rates. This widespread tightening of monetary policy was in response to inflationary pressures and economic challenges. However, a shift occurred in the latter half of 2024, with most countries beginning to lower their rates, potentially signaling a new phase in the global economic cycle and monetary policy approach.
Between 1995 and January 2024, the top-grossing kids fiction movie at the box office in the United States and Canada was "Shrek 2" (2004), which grossed almost 762 million U.S. dollars after the figure was adjusted for inflation. "Incredibles 2" (2018) and "Finding Nemo" (2003) followed with box office revenues of about 720 million and 662 million dollars, respectively.
On January 1, 2025, the price of regular gasoline was highest in Hawaii, at around 4.54 U.S. dollars per gallon. This was some 1.5 dollars above the national average of 3.06 U.S. dollars. California ranked second, which follows it being the U.S. state with the highest gasoline tax.
Tax impact on pump pricesAs of January 2024, California's gasoline tax reached 68.1 U.S. cents per gallon, far exceeding rates in other states. This tax burden plays a crucial role in shaping retail prices, with federal and state taxes being one of the strongest determinants of what consumers pay at the pump. The revenue generated from these taxes is typically reinvested in road infrastructure, demonstrating the direct link between fuel costs and transportation development.
Winter months see lowest pricesWhile taxes significantly influence gasoline prices, crude oil costs remain the primary factor, accounting for 55 percent of the retail price in August 2024. The volatility of crude oil prices directly impacts pump prices, as seen in the fluctuations over recent years. Conventional motor fuel prices, including gasoline and diesel, are generally lowest in the winter months. This is due to generally lower demand during those months, as well as the winter fuel blend being less expensive to produce than the summer alternative.
In November 2024, China's monthly labor cost index ranged at 61.4 index points. This was up from 60.8 points in the previous month.
Toyota Motor Corporation was the leading domestic company in Japan based on market capitalization, which amounted to close to 49.7 trillion Japanese yen in December 2024. Mitsubishi UFJ Financial Group ranked second with a market capitalization of around 22.3 trillion yen. With an aggregate market capitalization of over 996 trillion yen in 2024, the Tokyo Stock Exchange is one of the largest stock exchanges in the world.
Wind and coal energy had the largest share of electricity generation in Germany in October, both having shares of 28 percent, respectively. Energy generation from solar fell to 11 percent.
Germany phased-out nuclear energy in April 2023.
As of January 2025, most of the web traffic in Ghana occurred via mobile devices, which covered around 77 percent of the total traffic. Moreover, accessing the internet through laptops and desktop computers corresponded to around 22 percent, while tablets had a share of just over one percent.
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