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In conclusion, the shutdown of Manson Market represents a significant victory in the fight against cybercriminal activities in Europe. The arrests of the two main operators and the dismantling of the illicit platform have dealt a severe blow to the criminal underworld operating in the shadows of the dark web. As law enforcement agencies continue to investigate and prosecute those involved in cybercrime, the message is clear: illegal activities will not be tolerated, and perpetrators will be held accountable for their actions.
TAMPA, Fla.--(BUSINESS WIRE)--Dec 5, 2024-- STELLATM Automotive AI, Inc. (“STELLA”), a provider of automotive artificial intelligence technology, announced a new round of convertible loan financing, which raised $11 million to drive market growth, continue to build its team and support ongoing product enhancement and development. The raise was led by existing investor and strategic partner Reynolds and Reynolds with participation from other existing strategic investors, including more than 15 large private automotive dealership groups, as well as new investors Sheehy Auto Stores and Butler Automotive Group. The Presidio Group acted as exclusive financial advisor to STELLA for the convertible loan financing. “The ongoing support from our original investors has been tremendous, and we appreciate their confidence in STELLA’s AI technology,” said STELLA CEO Rich Sands. “The market’s embrace of our technology has been robust, and this funding will help STELLA deliver our innovative products that improve operational efficiency and the customer experience to more dealerships. We expect STELLA’s rapid customer and revenue growth to continue over the next year.” STELLA plans to use the capital raised to accelerate the onboarding of dealership clients; expand its team, including in leadership; advance product development; and introduce enhanced features to its suite of AI tools. STELLA’s technology helps dealerships solve longtime industry pain points around engaging with customers in a timely and helpful fashion. STELLA’s AI assistant can simultaneously handle unlimited inbound calls as it engages in natural language conversations 24/7 to deliver a world-class customer experience. The STELLA assistant is expertly trained on a wide range of automotive retail topics and can personalize the customer engagement process when booking service appointments, leading to higher customer retention and lower operating costs for dealerships. STELLA’s products integrate with existing dealership software offered by companies like Reynolds, a longtime leading provider of the full Retail Management System for auto retailers. The financing round underscores the intense interest that auto dealers and auto retail technology companies have in the potential for artificial intelligence to transform the industry and the customer experience. “We continue to invest heavily in artificial intelligence through both development and strategic partnerships,” said Chris Walsh, president of Reynolds. “The technology STELLA delivers creates huge efficiency gains for dealers, and when paired with Reynolds Spark AI unified data layer, the results increase exponentially.” Enthusiastic strategic investors like Reynolds and the many dealership groups backing STELLA provide a framework for real-time feedback to support quick product enhancement. Their interest also demonstrates the power that AI software holds for automotive retailing more broadly. “Presidio has seen the interest in AI solutions for the auto retail ecosystem skyrocket over the last year,” said Presidio CEO Brodie Cobb. “There is huge potential for AI tools to improve dealership efficiency and profitability and to make the sales and service experience for customers smoother and more painless. STELLA’s innovative technology is beginning to deliver on the promise artificial intelligence holds for the industry.” About The Presidio Group The Presidio Group (“Presidio”) was founded in 1998 with the simple mission to relentlessly put the interests of our clients first. By steadfastly adhering to this philosophy, the firm has earned the trust of clients throughout the United States. During their careers, the professionals at Presidio have collectively done more than 280 transactions totaling more than $18.5 billion. The Presidio Group is based in Denver and Atlanta. Presidio Merchant Partners LLC is a subsidiary of The Presidio Group LLC and is a member of FINRA and SIPC. For more information on Presidio, visit www.thepresidiogroup.com . About STELLA STELLATM Automotive AI, Inc. (“STELLA”) is the leading provider of automotive AI technology. STELLA, based in Tampa, Fla., helps auto dealers deliver a complete and intelligent customer experience via telephone, chat and web. STELLA’s digital assistant behaves like a staff member to complete repetitive tasks such as answering and routing phone calls, booking appointments and answering frequently asked questions about vehicle sales and service. STELLA sits on top of legacy software infrastructure and reports analytic information about customer behavior to the dealer. Dealership groups are adding STELLA to their stores every week with tens of thousands of customer calls being handled 24 hours a day, seven days a week. Learn more about STELLA at www.stellaautomotive.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241205555844/en/ CONTACT: The Presidio Group Keith Style Managing director kstyle@thepresidiogroup.com 678-831-5523 www.thepresidiogroup.comSTELLA Shelli Clark Director of marketing shelli.clark@stellaautomotive.com (913) 485-2145 KEYWORD: FLORIDA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOFTWARE DATA ANALYTICS AUTOMOTIVE ARTIFICIAL INTELLIGENCE PROFESSIONAL SERVICES TECHNOLOGY GENERAL AUTOMOTIVE VEHICLE TECHNOLOGY SOURCE: The Presidio Group Copyright Business Wire 2024. PUB: 12/05/2024 03:24 PM/DISC: 12/05/2024 03:24 PM http://www.businesswire.com/news/home/20241205555844/enIn June 2022, the Federal Reserve revisited the concept of "moderate accommodation" in its monetary policy statement, marking a significant shift in their approach towards managing the economy. This move comes 14 years after the term was first introduced during the aftermath of the global financial crisis, signifying a new era in monetary policy. But what does this revisitation of "moderate accommodation" really mean, and what implications does it carry for the future direction of monetary policy?
Lakeside Residences, a waterfront community nestled by a picturesque lake, offers a tranquil setting for residents seeking a peaceful retreat. Its focus on sustainable living, natural landscaping, and modern design places it eighth on the sales performance ranking.Overall, the new regulations for evidence of domestic violence are a significant step forward in the fight against this pervasive issue. By providing clear standards for identifying and addressing instances of abuse, these regulations enhance the effectiveness of anti-domestic violence efforts, streamline the process of prosecuting perpetrators, protect victims, and raise awareness about the importance of combating domestic violence. Moving forward, it is essential to continue to prioritize the safety and well-being of individuals and families affected by domestic violence and work towards creating a society free from abuse.DETROIT (AP) — Starting in September of 2027, all new passenger vehicles in the U.S. will have to sound a warning if rear-seat passengers don't buckle up. The National Highway Traffic Safety Administration said Monday that it finalized the rule, which also requires enhanced warnings when front seat belts aren't fastened. The agency estimates that the new rule will save 50 lives per year and prevent 500 injuries when fully in effect, according to a statement. The new rule will apply to passenger cars, trucks, buses except for school buses, and multipurpose vehicles weighing up to 10,000 pounds. Before the rule, seat belt warnings were required only for the driver's seat. Under the new rule, outboard front-seat passengers also must get a warning if they don't fasten their belts. Front-center seats will not get a warning because NHTSA found that it wouldn't be cost effective. The agency said most vehicles already have warnings for the outboard passenger seats. The rule also lengthens the duration of audio and visual warnings for the driver's seat. The front-seat rules are effective starting Sept. 1 of 2026. Rear passengers consistently use seat belts at a lower rate than front passengers, the agency says. In 2022, front belt use was just under 92%, while rear use dropped to about 82%. About half of automobile passengers who died in crashes two years ago weren’t wearing belts, according to NHTSA data. The seat belt rule is the second significant regulation to come from NHTSA in the past two months. In November the agency bolstered its five-star auto safety ratings to include driver assistance technologies and pedestrian protection. Safety advocates want the Department of Transportation, which includes NHTSA, to finish several more rules before the end of the Biden administration, because President-elect Donald Trump has said he’s against new government regulations. Cathy Chase, president of Advocates for Highway and Auto Safety, urged the department to approve automatic emergency braking for heavy trucks and technology to prevent impaired driving.
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Despite the joy of the unexpected reunion, Zhao Liying, ever mindful of her son's well-being and privacy, quickly assessed the situation and made a decision. In a move that showcased her quick thinking and dedication as a mother, she discreetly led her son to another area of the park, all while keeping a respectful distance from Lin Gengxin. This thoughtful gesture not only ensured her son's comfort but also demonstrated Zhao Liying's commitment to maintaining a sense of normalcy in their daily lives.In the newly released trailer, viewers are given a tantalizing glimpse into the bittersweet love story that unfolds between the two lead characters, Mia and Alex, portrayed by Stone and Gosling respectively. Their on-screen chemistry is palpable, as they navigate the complexities of love and loss in a tale that is as heartwarming as it is heart-wrenching.It didn’t take much to stir Jack Eichel’s national pride in looking ahead to representing the United States at the 4 Nations Face-Off tournament . Appearing on a Team USA Zoom call on Thursday, the Vegas Golden Knights forward jumped right in when reminded how U.S. teams featuring NHL players competing in best-on-best international tournaments haven’t won a gold medal since the 1996 World Cup of Hockey series. “I’ll take it,” Eichel interjected after Bruins defenseman Charlie McAvoy apologized for not hearing the question. “I think there’s a lot to prove for us as USA Hockey,” Eichel said. “I think for a while it was Canada on a pedestal by themselves. And I think for us, we feel like we’ve closed that gap. And I think this is a great opportunity to prove that.” From the Boston area, Eichel supported his case by referring to the growing pool of American talent that’s entered the NHL though the U.S. national development program over the past decade. And that’s reflected in how a majority of the U.S. team’s 23-player roster is made up of USNDP alumni, Eichel included. “Obviously, we feel very confident in our group and the names on our roster,” Eichel said. “But that’s only half the battle. You’ve got to go out there and do it. And we’re excited for that opportunity.” The 4 Nations Face-Off was unveiled last All-Star Weekend. It splits NHL players from Canada, Finland, Sweden and the U.S. into four teams, replacing the All-Star Game format this season. Eichel’s comments came a day after the competing nations unveiled their entire rosters to compete in the NHL/NHL Players' Association-backed tournament being split between Montreal and Boston and running from Feb. 12-20. Though talented, the Americans have lacked success at the senior international level. The U.S. last medaled at the world championships by winning bronze in 2021, and hasn’t placed better than third since 1960 at Squaw Valley, which also doubled as the Winter Games. The Americans' last Olympic gold came with amateurs competing at the 1980 Lake Placid Games, since dubbed the “Miracle On Ice,” while winning silver medals with NHL players in 2002 and 2010 — both times losing to Canada. And then there was 1996, when goalie Mike Richter earned World Cup MVP honors in helping the Americans beat Canada in a decisive Game 3 of the final series. “I think we check every box there is,” McAvoy said. “I think the confidence amongst us in our group should be sky high.” The U.S. team’s brain trust, headed by Wild GM Bill Guerin and Penguins coach Mike Sullivan, prioritized experience over potential in filling out the 17 remaining roster spots. Forwards Chris Kreider, of the Rangers, and Brock Nelson, of the Islanders, are the oldest players on the team at age 33, and have extensive world championships experience. The youngest player is also the only one with Olympic experience: 22-year-old Minnesota defenseman Brock Faber, who played at the Beijing Games in 2022 when the NHL pulled out because of pandemic-related scheduling issues. They’ll go up against a talent-laden Team Canada that features forwards Connor McDavid, Sidney Crosby, Nathan MacKinnon and defenseman Cale Makar. The U.S. team is particularly strong down the middle with Eichel, Auston Matthews and Dylan Larkin. Another strength is in net with a trio led by two-time Vezina Trophy-winner Connor Hellebuyck and rounded out by Jake Oettinger and Jeremy Swayman. USA Hockey has enjoyed its most success in winning two of the past four world junior championships and six since 2004. Four Nations teammates McAvoy, Oettinger and defenseman Adam Fox were members of the U.S. team that won the 2017 world junior title. AP NHL: https://apnews.com/hub/nhlBut Sora's presence in Super Smash Bros. Ultimate is not just a cause for celebration among Kingdom Hearts fans. It is also a testament to the power of collaboration and the spirit of inclusivity that defines the world of gaming. The addition of Sora to the roster represents a bridge between different gaming universes, bringing together characters from diverse franchises in a shared arena of competition and camaraderie. It is a reminder that, no matter our differences, we can come together to celebrate our love of gaming and the characters that have touched our hearts.
Preliminary report offers new details in plane crash that killed five people near Falcon FieldAs Sonic continues to race into the hearts of audiences around the world, the upcoming release of "Sonic the Hedgehog 3" is sure to be a blockbuster event that will delight fans and newcomers alike. With its engaging story, dynamic characters, and energetic action sequences, the movie promises to deliver an unforgettable cinematic experience that will leave audiences on the edge of their seats.
After 15 days of recovery, the 200 million euro superstar of Real Madrid is set to make his comeback! The highly anticipated return comes just in time for a crucial Champions League showdown, as the team looks to bounce back from a disappointing losing streak.
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