711bet update

711bet update NEW YORK, Nov. 30, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against ASML Holding N.V. (NASDAQ: ASML) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in ASML, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/asml-holding-nv . Investors have until January 13, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in ASML securities. The case is pending in the U.S. District Court for the Southern District of New York and is captioned City of Hollywood Firefighters’ Pension Fund v. ASML Holding N.V., et al. , No. 24-cv-8664. What is the Lawsuit About? ASML is a leading supplier to the semiconductor industry, providing photolithography machines to chipmakers that are used in the semiconductor fabrication process. The complaint alleges that ASML repeatedly represented to shareholders that new export controls on semiconductor technology announced by the Dutch government would not have a material effect on ASML’s financial outlook, and that ASML was on a path to recovery in its sales. On October 15, 2024, ASML announced earnings significantly lower than expectations. The Company attributed this to a market that was “taking longer to recover” and admitted that “[i]t now appears the recovery is more gradual than previously expected.” On this news, the price of the Company’s stock fell 16%, from a closing price of $872.27 per share on October 14, 2024, to $730.43 per share on October 15, 2024. Then, during the accompanying earnings call with investors on October 16, 2024, the Company attributed the poor earnings results to “a reflection of the slow recovery in the traditional [semiconductor] end markets as customers remain cautious in the current environment.” The Company also disclosed that the decline in ASML’s sales to China would also negatively impact the Company’s gross margins. On this news, the price of the Company’s stock fell 6.4%, from a closing price of $730.43 per share on October 15, 2024, to $683.52 per share on October 16, 2024. Click here if you suffered losses: https://www.bfalaw.com/cases-investigations/asml-holding-nv . What Can You Do? If you invested in ASML you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases-investigations/asml-holding-nv Or contact: Ross Shikowitz ross@bfalaw.com 212-789-3619 Why Bleichmar Fonti & Auld LLP? Bleichmar Fonti & Auld LLP is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It was named among the Top 5 plaintiff law firms by ISS SCAS in 2023 and its attorneys have been named Titans of the Plaintiffs’ Bar by Law360 and SuperLawyers by Thompson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors (pending court approval), as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com . https://www.bfalaw.com/cases-investigations/asml-holding-nv Attorney advertising. Past results do not guarantee future outcomes.NEW YORK, Dec. 28, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of MGP Ingredients, Inc. MGPI between May 4, 2023 and October 30, 2024, of the important February 14, 2025 lead plaintiff deadline. SO WHAT: If you purchased MGPI common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the MGPI class action, go to https://rosenlegal.com/submit-form/?case_id=9167 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 14, 2025 . A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements, and failed to disclose material adverse facts about MGPI's business, operations, and prospects. Specifically, defendants repeatedly touted a strong demand and "normal" inventory levels in brown goods (i.e., American whiskies and tequila), when in fact there had been a slowdown in consumption and oversupply in their products. Worse, defendants had assured investors that they were positioned differently than their competitors, and that this was a non-issue, because MGPI had already taken steps to mitigate the risk, when in fact it had not. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the MGPI class action, go to https://rosenlegal.com/submit-form/?case_id=9167 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Sam Altman Calls OpenAI's New Video Generator 'So Compelling'Los Angeles Lakers star LeBron James was not available for Wednesday's practice, according to multiple reports. It was the first time the team had come together since its 107-98 victory over the Portland Trail Blazers. The 39-year-old player is playing in his 22nd NBA season and seventh season in the purple and gold. Here’s what you need to know about LeBron James’s absence: Vince Carter: LeBron James needs to play fewer minutes All things Lakers: Latest Los Angeles Lakers news, schedule, roster, stats, injury updates and more. Why did LeBron James miss practice? The reason for LeBron James’ absence was not disclosed but coach JJ Redick told reporters that he was out for personal reasons and that it was an excused absence. When did LeBron James last play a game? The former MVP did not play in the home victory against the Trail Blazers on Sunday due to soreness in his left foot. It was the first game he had missed all season. Will LeBron James be available for the next game? His status has not been determined for Friday's road game against the Minnesota Timberwolves. More: If the Lakers trade LeBron James, would Bronny James go with him? How has LeBron James done this season? LeBron James has averaged 23 points, nine assists and eight rebounds through the first 23 games of the season. He’s averaged 35 minutes per game.

Madhumita Murgia in London, George Hammond and Cristina Criddle in San Francisco Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI is betting on a suite of new AI products, building its own data centres and a crucial partnership with Apple to supercharge its next phase of growth, as it targets reaching 1 billion users over the coming year. The San Francisco-based group, whose popular ChatGPT chatbot has rocketed to 250mn weekly active users since its launch two years ago, plans to expand further through launching so-called AI “agents”, its own AI-powered search engine and ChatGPT’s integration with Apple devices. “[In 2025] we will be coming into our own, as a research lab serving millions . . . hoping it can be billions of consumers around the world,” Sarah Friar, the company’s chief financial officer, told the Financial Times. The goal comes as the nine-year-old start-up recasts itself as global technology giant and prepares for what founder and chief executive Sam Altman describes as the “Intelligence Age”. Having raised more than $6bn of investment at a $150bn valuation in October — the highest for a start up in Silicon Valley’s history — Friar said OpenAI would continue to raise “more money”, including both equity and debt. “In 74 days [since joining the company in June], we put ten billion of liquidity on the balance sheet. So that was my way of saying, hey, I’m going to get stuff done too,” she said. She added: “We’re in a massive growth phase, it behoves us to keep investing. We need to be on the frontier on the model front. That is expensive.” To achieve its goals, OpenAI plans to invest in building clusters of data centres in parts of the US midwest and south-west, according to Chris Lehane, OpenAI’s new policy chief. This push to build its own AI infrastructure follows a similar strategy by Big Tech rivals such as Google and Amazon. Lehane said “chips, data and energy” are the critical resources required to succeed in the AI race. OpenAI has transformed rapidly in the 12 months since Altman was ousted by the company’s board, and then subsequently reinstated as chief executive last November. Recommended It has brought on its first financial and product leaders, increased headcount by five times to more than 2,000 people, and triggered a complicated transition from a non-profit to a for-profit business model. While OpenAI has lost key executives across its research and safety teams, including three of its original co-founders this year and high-profile technical leaders, such as Ilya Sutskever and Mira Murati, it has made way for a wave of new engineers and leaders. Many of the new team have an expertise in building and monetising consumer products. This has led to a dual focus: a long-term research vision and short-term product goals as it focuses on ramping up revenue-generating products to outpace its ballooning costs. It is spending well over $5bn a year and “not close to breaking even” due to the costs related to building AI models, according to people with knowledge of the group’s finances. The newer recruits say they are still guided by OpenAI’s “mission” of building and distributing artificial general intelligence — software with cognitive capabilities superior to humans — but are tasked with deploying real-world utility in the near-term. “The last couple of years, we have had a really big inflection point in the quality of intelligence that can now be made into products that are actually useful for people,” said Srinivas Narayanan, vice-president of engineering at OpenAI, who joined last year from Meta. “That’s . . . why I’m here.” The launch of AI agents — chatbot-like assistants that help execute tasks on the web, ranging from information gathering to booking or purchasing items — will be a key focus for 2025, according to Friar. “Agentic has got to be the word of the year . . . It could be a researcher, a helpful assistant for everyday people, working moms like me. In 2025 we will see the first very successful agents deployed that help people in their day to day,” she said. Rivals including Google, Anthropic and OpenAI’s biggest backer, Microsoft, have all signalled intentions to launch their own AI agents over the coming year. Meanwhile, ChatGPT’s launch across Apple’s billions of devices, which began its rollout in the US last month, is core to driving a big jump in the number of users. One of OpenAI’s major venture capital investors noted that the goal of 1bn users could be quickly reached because of this partnership. “[OpenAI] are already at a few hundred [million] active users today without spending on marketing,” the investor said. “Apple has 2bn iPhones globally and want to push a new AI phone. The path to getting 1bn users with ChatGPT in their pocket is not that farfetched. If you get to that threshold, you’re competing with Google and Facebook.” Recommended Meanwhile, OpenAI will also have to navigate an increasingly complex political landscape. Lehane, a veteran political strategist who cut his teeth in the Clinton White House, will need to contend with the incoming President Donald Trump’s close adviser and OpenAI’s former co-founder Elon Musk, who runs his own AI company xAI, and is expected to help shape federal AI policy. Musk recently filed a lawsuit against OpenAI and its backer, Microsoft, accusing Altman of “deceit of Shakespearean proportions” and seeking to void its commercial partnership with Microsoft. “[Musk] is obviously a unique personality at this moment in time. I think the way we think about it is we control what we can control,” Lehane told the FT. Despite the public conflict with Musk, he said OpenAI and the Trump team were aligned on AI’s role in national security and economic competitiveness. Lehane wants OpenAI to take the lead in building US-led “democratic” AI at scale, compared to a Chinese-led version of the technology. “We’ve had conversations with the transition team . . . both during the campaign and after,” he said. “This administration has talked . . . about the imperative of . . . US-led AI prevailing over Chinese-led AI. And if you want that to happen as the US government . . . then OpenAI is going to have to be in the middle of that conversation.” Lehane believes the next few years will usher in a global, historical transition — a period when technology evolves at a pace that societies will struggle to adapt to. Governments will need to develop new public-private partnerships in AI, similar to an electric utilities model, to fairly distribute the technology and its benefits, he added. “Part of this company’s responsibility and role, is to . . . potentially shape those conversations and form those conversations, and hopefully be able to find some of the answers as we move forward,” said Lehane.None

Remember the summer of 2016 when the entire world felt like it was playing Pokémon Go? Well, the data you collected by playing that augmented reality (AR) game and others like it may be the key to a new kind of AI model. Niantic, the company behind Pokémon Go, revealed its ambitions to develop a Large Geospatial Model (LGM), an AI designed to help machines navigate and understand the physical world. It's as fascinating an evolution for technology as any Pokémon evolution. Interactive, real-world gaming experiences are now the source of potential futuristic AI powers. Who knows what this kind of AI can achieve thanks to unsuspecting players pouring data into company servers? Many of us even paid them for the privilege of exploiting our data. At the heart of Niantic’s latest venture is its Visual Positioning System (VPS), which lets AR apps position virtual objects in the real world, like how you see the Pokémon on your phone. Niantic has built a massive geospatial data repository through its games, where players scan real-world locations to place virtual creatures. The recent “Pokémon Playgrounds” feature even lets users place Pokémon in specific locations, improving little details about angle and elevation in the database. Players may view it as just a fun feature, but every time someone maps a landmark or scans a park, they’re contributing to the training of Niantic’s AI. Pokémon Go AI Traditional maps rely on cars or flying drones to take pictures, but Niantic’s data comes from a pedestrian perspective and counts areas machines could never reach – so congratulations on expanding the net of data Nianctic can use. Niantic has used this trove of information to train millions of neural networks, creating localized models for specific places. Now, the company aims to combine these individual models into a global system, a constantly evolving 3D world map. These user-generated maps are then used to teach the LGM how to recognize objects, predict spatial layouts, and infer missing details about scenes – all skills critical to spatial intelligence. Niantic pitches the model as a way to improve gaming. However, it remains to be seen if the average player is okay with making these contributions to a private company's map of the world without compensation, especially as wearables that can do the same thing, like AI-powered smart glasses, become more common. "As we move toward more scalable models, Niantic’s goal remains to lead in the development of a large geospatial model that operates wherever we can deliver novel, fun, enriching experiences to our users. And, as noted, beyond gaming Large Geospatial Models will have widespread applications, including spatial planning and design, logistics, audience engagement, and remote collaboration," Niantic wrote in a blog . "The path from LLMs to LGMs is another step in AI’s evolution. As wearable devices like AR glasses become more prevalent, the world’s future will depend on the blending of physical and digital realities to create a system for spatial computing that will put people at the center."Michigan Player Pepper Sprayed After Win Over Ohio State Has Message For Fans