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Shareholder Proposal Seeks Reevaluation of Exec. Incentives for EVs at GM

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–News Direct–

On June 4, National Legal and Policy Center will present a shareholder proposal at the General Motors Company advocating for GMs board of directors to reevaluate the electric vehicle expansion targets included in its executive compensation packages.

The proposal, identified as Item No. 5 on the 2024 proxy ballot, argues that GMs focus on electric vehicles is misaligned with both the market demand for EVs and the economic realities the company faces.

Last month NLPC filed a proxy memo with the Securities and Exchange Commission that explains its rationale for the proposal.

GM, like many in energy-intensive sectors, has increasingly aligned its corporate strategies with a poorly substantiated, government-subsidized, and corporate media-amplified scientific consensus that carbon emissions will result in catastrophic effects to the planet, and to humans.

These scenarios are increasingly unlikely, yet the corporate media continues to portray them as the default. Supposedly, this climate crisis can only be averted if governments and consumers adopt environmentally friendly technology, such as electric vehicles, en masse.

However, electric vehicles arent good for the environment. Even with government subsidies, theyre expensive and unprofitable. Further, consumers dont want to make the switch.

Luke Perlot, Associate Director of NLPC's Corporate Integrity Project, stated, Our proposal encourages a reassessment of GMs current executive compensation incentives, which overly prioritize electric vehicle production without adequate consideration of the associated economic, environmental, and ethical risks. Instead, the company should remove these incentives and give its executive team the opportunity to pursue growth strategies without political bias.

Key Details of the Proposal:

  • Misalignment with Market Realities: Despite substantial investments and executive incentives, the anticipated demand for EVs has not materialized at the projected scale. An open letter to President Biden signed by over 5,000 auto dealerships warned of lack of demand for EVs.

  • Economic Viability and Subsidy Dependence: GM's profitability in the EV sector is heavily reliant on government subsidies, which are subject to political changes and could be repealed as early as 2025. Without these subsidies, the divisions path to achieving positive pre-tax earnings, currently projected for no sooner than 2025, appears increasingly precarious.

  • Environmental and Ethical Challenges: The extraction and processing of rare-earth elements, crucial for these batteries, are predominantly concentrated in regions with poor environmental and labor standards. This not only leads to severe ecological damage, but also involves significant human rights abuses, including forced labor. Further, these elements are primarily processed in China, a geopolitical adversary of the United States.

Consumers still want internal combustion engine vehicles, Perlot added, and GMs competitors are making substantial investments to meet their demand. The company cannot afford to be left behind because of misguided incentives.

Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action.

Contact Details

National Legal and Policy Center

Dan Rene

+1 202-329-8357

drene@nlpc.org

Company Website

http://www.nlpc.org

View source version on newsdirect.com: https://newsdirect.com/news/shareholder-proposal-seeks-reevaluation-of-exec-incentives-for-evs-at-gm-366775689

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Revolutionizing Earnings: How Play-to-Earn (P2E) Games Are Transforming the Gaming Industry

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The gaming industry is undergoing a seismic shift as Play-to-Earn (P2E) models redefine how players interact with virtual worlds. Unlike traditional games, where time and skill investments yield no real-world value, blockchain-powered P2E games allow users to earn cryptocurrency, NFTs, and other digital assets simply by playing.

This innovation is not just changing gaming—it’s creating a new economic paradigm where entertainment and income generation merge. From developing nations to high-tech economies, P2E is empowering players to monetize their gaming expertise, turning hobbies into viable careers.

The Rise of Play-to-Earn: From Niche to Mainstream

The concept of earning through gaming isn’t entirely new, but blockchain technology has supercharged its potential. Early pioneers like Axie Infinity demonstrated that players could generate substantial income, especially in regions with limited job opportunities. The game’s “scholarship” system, where asset owners lend NFTs to players in exchange for a share of earnings, became a lifeline for many during economic downturns.

Key factors driving P2E adoption include:

  • True Digital Ownership – Blockchain ensures players fully own in-game assets, which can be traded or sold.
  • Decentralized Economies – Games like The Sandbox and Gods Unchained allow players to influence in-game economies through governance tokens.
  • Global Accessibility – With just an internet connection, anyone can participate, breaking down traditional employment barriers.

A recent analysis by Pinco highlights how P2E gaming is accelerating financial inclusion, particularly in emerging markets where conventional job opportunities are scarce. The report underscores that blockchain gaming could soon rival traditional gig economies in scale and impact.

The Economic Impact of P2E Gaming

The Play-to-Earn revolution is creating profound economic shifts that extend far beyond gaming communities. By introducing verifiable digital ownership and decentralized marketplaces, P2E models are challenging traditional notions of work and value creation in the digital age. These new economic systems are particularly transformative in developing economies, where they provide alternative income streams that are more accessible than conventional employment options.

  1. A New Class of Digital Workers. Professional gamers, NFT traders, and guild managers are now legitimate careers. In countries like the Philippines and Venezuela, players earn more through P2E games than local minimum wages.
  2. The Growth of Gaming Guilds. Organizations like Yield Guild Games (YGG) provide players with NFTs and training, taking a share of their earnings in return. This model has spawned a new form of decentralized employment.
  3. Mainstream Corporate Interest. Major brands (Nike, Adidas, Atari) are entering the space, launching NFT collections and virtual experiences, further legitimizing P2E economies.

The sustainability of these new economic models will depend on their ability to maintain fair reward structures while preventing inflationary pressures common to many token-based systems. As the sector matures, we’re seeing increased institutional interest, with venture capital firms and traditional gaming companies investing heavily in P2E infrastructure.

The Future of P2E: Beyond Gaming

The success of P2E is inspiring other industries to adopt similar models. Concepts like “Learn-to-Earn” (educational platforms rewarding users with crypto) and “Create-to-Earn” (decentralized content monetization) are emerging, proving that blockchain-based incentive systems have far-reaching applications.

As technology evolves, we may see deeper integration between P2E games and DeFi (Decentralized Finance), allowing players to stake, lend, and borrow against their in-game assets. This could further blur the lines between gaming and traditional finance.

Play-to-Earn is more than a trend—it’s a fundamental reimagining of value exchange in digital spaces. By merging entertainment with real-world earnings, blockchain gaming is setting the stage for a future where virtual and physical economies coexist seamlessly.

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Routespring Leads the Way in NDC-Enabled Business Travel

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Maryland, US, 3rd April 2025, ZEX PR WIRE, Routespring, a leading travel management platform, today announced that it is fully equipped with New Distribution Capability (NDC) integration, offering corporate travelers direct access to richer airline content, better fares, and a more personalized booking experience.

While many in the travel industry are beginning to explore NDC, Routespring has already incorporated it into its platform—ensuring business travelers and travel managers benefit from modern airline retailing without delay.

“NDC has been part of our core technology strategy,” said Tarun Upaday, CEO of Routespring. “It allows us to offer exclusive fares, transparent pricing, and improved servicing—capabilities that are essential for modern business travel. While NDC is still evolving, we are committed to partnering with leading airlines and aggregators to support this transition and drive value for our customers.”

Routespring sources airline content through a mix of Global Distribution Systems (GDS), direct airline integrations, and aggregators. With NDC, the platform enhances this by offering:

  • Access to exclusive NDC-only fares

  • Upfront visibility into seat selection, baggage, and other ancillaries

  • Personalized pricing based on loyalty status and corporate agreements

  • Easier booking changes and servicing through direct airline connections

Routespring continues to expand its NDC-driven capabilities. Recent enhancements include direct bookings with select carriers, expanded ancillary options, and dynamic policy enforcement tools.

“As NDC adoption accelerates across the industry, Routespring remains focused on delivering the best possible experience for corporate travelers,” added Upaday. “Our long-term vision is to provide a frictionless, transparent, and cost-effective way to manage travel.”

As the travel industry shifts, Routespring is staying ahead, focused on making business travel better, not more complicated.

For more information, visit routespring.com or contact sales@routespring.com

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MySerenify Launches AI Meditation App with Innovative Generator Technology

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MySerenify, an AI meditation app introduces a cutting-edge AI meditation generator that crafts personalized, guided AI sessions. Available for early access at MySerenify.com, the app features an AI meditation video generator and AI voice for meditation, tailoring real-time AI meditation videos to users’ moods and goals like stress relief, focus, or sleep improvement. Based in Miami, Florida, MySerenify targets busy individuals with its adaptive AI meditation technology, offering a fresh, practical approach to mindfulness. The company aims to refine its offerings based on user feedback.

Claymont, DE, United States, 3rd Apr 2025 – MySerenify, a new AI meditation app developed by founders James Jara and Jose Zuniga, has launched, introducing a groundbreaking AI meditation generator that delivers personalized wellness experiences. Available for early access at MySerenify.com, the app utilizes an AI meditation video generator and AI voice for meditation to create real-time guided AI sessions tailored to users’ moods and goals, such as stress relief, improved focus, or better sleep.

The core of MySerenify’s offering is its AI meditation generator, a technology that crafts dynamic AI meditation videos and audio sessions based on individual inputs. Unlike static meditation tools, this AI meditation platform adapts to user needs, providing options like short five-minute sessions or extended experiences with customizable soundscapes, including rain or waves. The app’s AI meditation generator free of rigid templates ensures each session feels unique and relevant, setting it apart in the digital wellness market.

MySerenify targets individuals seeking practical mindfulness solutions that fit busy schedules. The guided AI approach integrates seamlessly into daily routines, offering AI meditation videos that address specific challenges like anxiety or lack of clarity. Early access is now available at MySerenify.com, inviting users to experience this innovative AI meditation app firsthand.

James Jara, co-founder of MySerenify, highlighted the app’s purpose. “MySerenify’s AI meditation generator was designed to make mindfulness approachable and effective for everyone,” Jara stated. Co-founder Jose Zuniga added, “The AI voice for meditation and video technology provide a fresh, personalized experience that evolves with the user.”

The launch aligns with rising interest in personalized wellness tools. MySerenify’s AI meditation video generator and adaptive features position it as a forward-thinking option for professionals, creatives, and anyone aiming to balance calm and ambition. The app is accessible for download at MySerenify.com, with plans to refine its offerings based on user insights. 

About MySerenify

MySerenify is a wellness technology company founded by James Jara and Jose Zuniga, based in Delaware. Specializing in AI meditation, the company offers an AI meditation app powered by an advanced AI meditation generator that creates personalized, guided AI sessions. Committed to innovation and accessibility, MySerenify redefines mindfulness for modern lifestyles. Visit MySerenify.com for more details.

 

 

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