Firan Technology Group Corporation Completes Acquisition of FLYHT Aerospace Solutions Ltd.US auto giant General Motors announced Tuesday it will abandon its robotaxi development efforts after a highly publicized incident last year stymied its progress in the autonomous vehicle field. The Detroit-based manufacturer plans to merge the Cruise robotaxi vehicle unit with GM's technical teams to concentrate on developing advanced driver assistance systems for personal vehicles, a statement said. The company said it abandoned the Cruise project "given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market." It marks a major turnaround for GM, which bought the Cruise startup in 2016 and has since spent billions of dollars to make the operation viable. "A robotaxi business is not General Motors’ core business," said GM CEO Mary Barra in a call with analysts. But Barra said GM's commitment to autonomous technology "is unwavering." The halt of operations comes a year after Cruise was forced to suspend all operations in San Francisco after one of its self-driving cars dragged a woman who had first been hit by a hit-and-run driver in the city. Cruise lost its operating permits from regulators, paused expansions into other states and laid off 900 employees -- a quarter of its workforce. Shortly before the incident, California authorities had allowed for expanded driverless taxi services in San Francisco, giving the go-ahead for Alphabet-owned Waymo and Cruise. Cruise's exit confirms Waymo as the dominant player in the business, which was valued at $45 billion after a fundraising round in October, according to Bloomberg. The company has been expanding its reach and currently runs robotaxi fleets in San Francisco, Phoenix and Los Angeles. And in a team-up with Uber, the company is planning to offer Waymo robotaxi rides in Atlanta and Austin. Amazon's Zoox meanwhile is conducting robotaxi testing in California and Las Vegas, while Elon Musk recently unveiled what he said was a robotaxi capable of self-driving, predicting it would be available by 2027. GM's strategic pivot comes as embattled automakers worldwide face mounting pressure to balance investments in emerging technologies with near-term profitability. The auto giant said that the restructuring is expected to generate annual savings exceeding $1 billion once completed in the first half of 2025. GM's share price was up by more than three percent in after hours trading on Wall Street. arp/dwjili games jili slot 777 。

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NoneWILMINGTON, N.C., Dec. 02, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. NCNO , the leading provider of intelligent, best-in-class banking solutions, today announced its participation in the following investor conferences: Scotiabank Second Annual Global Technology Conference Presentation: Tuesday, December 10, at 12:45 p.m. ET Barclays 22 nd Annual Global Technology Conference Presentation: Wednesday, December 11, at 6:05 p.m. ET A live webcast of the Barclays presentation will be available on the Events & Presentations page of the Investor Relations section of the Company website or by clicking here . About nCino nCino NCNO is powering a new era in financial services. The Company was founded to help financial institutions digitize and reengineer business processes to boost efficiencies and create better banking experiences. With over 1,800 customers worldwide - including community banks, credit unions, independent mortgage banks, and the largest financial entities globally - nCino offers a trusted platform of best-in-class, intelligent solutions. By integrating artificial intelligence and actionable insights into its platform, nCino is helping financial institutions consolidate legacy systems to enhance strategic decision-making, improve risk management, and elevate customer satisfaction by cohesively bringing together people, AI and data. For more information, visit www.ncino.com . CONTACTS INVESTOR CONTACT Harrison Masters nCino +1 910.734.7743 Harrison.masters@ncino.com MEDIA CONTACT Natalia Moose nCino natalia.moose@ncino.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.WASHINGTON , Dec. 20, 2024 /PRNewswire/ -- It is with deep sadness that Universities Space Research Association (USRA) announces the passing of Dr. Berrien Moore III , an internationally recognized leader in Earth Science and an invaluable member of the USRA Board of Trustees. Dr. Moore passed away on December 17, 2024 , in Norman, Oklahoma . He was the Dean of the College of Atmospheric and Geographic Sciences and Director of the National Weather Center at the University of Oklahoma . Dr. Moore was elected to the USRA Board of Trustees in 2019 and re-elected for a second term in 2022. He served in multiple leadership capacities on the Board, including Chair of the Compensation Committee, inaugural Chair of the University Engagement Committee, and, since 2021, Vice Chair of the Board. Gen Lester Lyles , Chair of the USRA Board of Trustees said, "We are profoundly grieved by the loss of Berrien Moore , a treasured member of our Board. Berrien was a strong leader and a dedicated advocate for Earth Science. With his wit and charm, Berrien was more than just a colleague, he was a true friend to everyone. On behalf of the entire Board, I extend our heartfelt condolences to Berrien's family and loved ones during this challenging time." Dr. Jeffrey Isaacson , President and CEO of USRA commented, "At USRA, we are deeply saddened by this news. This is a terrific loss for our Association, but we are grateful to have had the privilege of working with Berrien and are indebted by his many contributions. All of us at USRA extend our heartfelt condolences, prayers, and support to his family." Dr. Moore served in several capacities with NASA including as Principal Investigator of NASA's Geostationary Carbon Cycle Observatory (GeoCarb) mission that placed University of Oklahoma at the forefront of climate research. He also served as chair of NASA's Space and Earth Science Advisory Council, as a member of the NASA Advisory Council, and was on several other committees. As a Coordinating Lead Author for the Intergovernmental Panel on Climate Change, he contributed to the body of work that garnered the 2007 Nobel Peace Prize. His honors include NASA's highest civilian honor, the Distinguished Public Service Medal for outstanding service, the NOAA Administrator's Recognition Award, and the 2007 Dryden Lectureship in Research medal by the American Institute of Aeronautics and Astronautics. Dr. Moore is survived by his wife Lucia and his daughter Leila. About USRA Founded in 1969, under the auspices of the National Academy of Sciences at the request of the U.S. Government, the Universities Space Research Association (USRA) is a nonprofit corporation chartered to advance space-related science, technology, and engineering. USRA operates scientific institutes and facilities and conducts other major research and educational programs. It is an association with 121 university members. It engages the broader university community, employs in-house scientific talent, and offers innovative research, development, and project management expertise. More information about USRA is available at www.usra.edu . PR Contact: Suraiya Farukhi sfarukhi@usra.edu 443-812-6945 View original content to download multimedia: https://www.prnewswire.com/news-releases/usra-mourns-the-loss-of-dr-berrien-moore-iii-a-distinguished-member-of-the-board-of-trustees-302337533.html SOURCE Universities Space Research Association

The mysterious ideology of Luigi Mangione: Anti-corporate hero? Far-right tech bro?Biden's broken promise on pardoning his son Hunter is raising new questions about his legacy WASHINGTON (AP) — President Joe Biden’s decision to go back on his word and pardon his son Hunter wasn't all that surprising to those who are familiar with the president's devotion to his family. But by choosing to put his family first, the 82-year-old president has raised new questions about his legacy. Biden has held himself up as placing his respect for the American judicial system and rule of law over his own personal concerns. It was part of an effort to draw a deliberate contrast with Republican Donald Trump. Now, both his broken promise and his act of clemency are a political lightning rod. Some Democrats are frustrated over Joe Biden reversing course and pardoning his son Hunter ATLANTA (AP) — Already reeling from their November defeat at the polls, Democrats now are grappling with President Joe Biden's pardoning of his son for a federal felony conviction — after the party spent years slamming Donald Trump as a threat to democracy who operates above the law. The White House on Monday struggled to defend the pardon, claiming the prosecution was politically motivated — a page out of Trump's playbook. That explanation did not satisfy some Democrats who are angry that Biden’s reversal could make it harder to take on Trump. Hezbollah fires into Israel-held area after multiple Israeli strikes in Lebanon since truce began JERUSALEM (AP) — Hezbollah fired into a disputed border zone held by Israel after multiple Israeli strikes inside Lebanon since a ceasefire took hold last week. The militant group said the volley, its first during the truce, was a warning shot in response to what it called repeated Israeli violations. Israeli leaders threatened to retaliate, further straining the fragile U.S.- and French-brokered ceasefire. Israeli strikes in recent days, including a string of hits on Monday, have killed at least four people in Lebanon. U.S. officials said the ceasefire was largely holding. Key players in Syria's long-running civil war, reignited by a shock rebel offensive BEIRUT (AP) — Syria’s civil war has exploded back onto the world stage after insurgents poured out of their main bastion in northwestern Syria and seized large parts of nearby Aleppo, Syria’s largest city, and dozens of nearby towns and villages.. The insurgents offensive triggered the heaviest clashes in the country since a March 2020 cease-fire brokered by Turkey and Russia, who back rival sides in the conflict. Five countries have military presence in Syria including the U.S. that has troops deployed in the country’s east, Turkey that controls parts of northern Syria, Israel that has presence in the Golan Heights and Russia and Iran that have been a main backer of Syrian President Bashar Assad. Woman driving drunk who killed bride still in her wedding dress sentenced to 25 years in prison A woman who admitted to drinking and who was driving well over twice the speed limit when she smashed into a golf cart killing a bride who had just got married at a South Carolina beach has been sentenced to 25 years in prison. Jamie Lee Komoroski pleaded guilty Monday to reckless homicide and three felony driving under the influence charges. Police said the 27-year-old drank at several bars on April 28, 2023, and was driving 65 mph on a narrow Folly Beach road when she slammed into a golf cart leaving a wedding. The bride, 34-year-old Samantha Miller, died still wearing her wedding dress. Florida woman sentenced to life for zipping boyfriend into suitcase, suffocating him A 47-year-oldFlorida woman has been sentenced to life in prison for zipping her boyfriend into a suitcase and leaving him to die of suffocation amid a history of domestic and alcohol abuse. Circuit Judge Michael Kraynick imposed the sentence Monday in Orlando on Sarah Boone for the 2020 killing of 42-year-old Jorge Torres. A jury deliberated only 90 minutes Oct. 25 before convicting Boone of the second-degree murder of Jorge Torres after a 10-day trial. Boone had insisted she was herself a victim of domestic violence at the hands of Torres and had pleaded not guilty. Great Lakes region gets yet more snow after a weekend of snarled Thanksgiving travel Some storm-weary residents of the Great Lakes region saw additional snow and faced the prospect of even more accumulations this week. Lake-effect snow continued to fall on parts of western New York that were already blanketed with a foot or more over the past four days. Lake-effect snow warnings were in effect through Tuesday night in parts of Ohio, New York and Pennsylvania. Snow showers fell in western Michigan overnight, and heavier, persistent snow of up to a foot was expected to follow Monday. Stock market today: Rising tech stocks pull Wall Street to another record NEW YORK (AP) — Technology stocks pulled Wall Street to another record amid mixed trading. The S&P 500 rose 0.2% Monday after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared after saying an investigation found no evidence of misconduct by its management or the company’s board. Retailers were mixed coming off Black Friday and heading into what’s expected to be the best Cyber Monday on record. Treasury yields held relatively steady in the bond market. Cyber Monday shoppers expected to set a record on the year's biggest day for online shopping Consumers in the U.S. are scouring the internet for online deals as they look to make the most of the post-Thanksgiving shopping marathon on Cyber Monday. The National Retail Federation coined the term for the Monday after Black Friday in 2005. Even though e-commerce is now part and parcel of many people’s regular routine, Cyber Monday continues to be the biggest online shopping day of the year, thanks to steady discounts and a fair amount of hype. Several major retails actually started their Cyber Monday promotions over the weekend. Consumer spending for the online shopping days between Thanksgiving and Cyber Monday provides an indication of how much shoppers are willing to spend for the holidays.

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