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Over the last few years, Greaves Cotton has successfully evolved from being a single-business, single-fuel company to a diversified, fuel-agnostic leader. Vice-Chairman Nagesh Basavanhalli shares his thoughts during an interaction with The Hindu . Edited excerpts: Can you share insights into Greaves Cotton’s evolution The transformation of Greaves Cotton was driven by the imperative to future-proof our 160-year-old legacy amidst seismic shifts in market dynamics and consumer expectations. As early as 2016, we recognised the impending disruption from BS-VI regulations, the shift towards clean energy, and the rise of alternative technologies. Our strategy focused on transitioning from a single-product, single-fuel business to a multi-revenue, multi-business, fuel-agnostic company. This approach allowed us to pursue multiple growth areas simultaneously, combining organic innovation with strategic acquisitions. At the core of our journey are three mantras: 1. B2B + B2C – bringing us closer to consumers. 2. Value chain extraction – maximising lifecycle value through an integrated ecosystem. 3. Fuel agnosticism – addressing diverse consumer needs across electric, CNG, diesel, and hybrid solutions. What are the challenges did the company encounter during this transformation? The transition from legacy single-cylinder diesel engines to a fuel-agnostic, multi-business model required bold decisions and strategic agility. Key challenges included developing entirely new capabilities in mechatronics, and software-driven solutions while reimagining our manufacturing processes to align with cleaner technologies like EVs. This required substantial investments in R&D and a strategic shift toward high-growth sectors such as electric mobility, CNG and adjacent areas such as non-auto businesses, off-highway vehicles and trucks, amongst others. Despite these challenges, the transformation opened up vast opportunities. We diversified our revenue streams, built a digitally connected ecosystem and strengthened consumer trust by delivering accessible, future-ready solutions. Can you elaborate on the Greaves Engineering and Greaves Retail expansion? Greaves Engineering addresses industry needs with fuel-agnostic engines, ePowertrains and application-specific solutions, empowering customers across sectors. Our foray into global markets further strengthened our reach and credibility. Greaves Retail bridges the gap between manufacturers and consumers through a robust network of over 250 distributors, over 20,000 retailers and 25,000 mechanics. Our unique value proposition lies in our 3S model delivering comprehensive support to customers across a range of industries. Can you share some key milestones for Greaves Finance? Key milestones include strategic partnerships with leading OEMs, the introduction of innovative schemes such as buyback options and a streamlined loan approval process that sets new benchmarks in efficiency. By integrating bundled insurance services and leveraging co-lending partnerships, Greaves Finance simplifies the ownership journey, ensuring seamless and affordable access to sustainable mobility for millions. What are the new technology and digital initiatives Greaves has adopted to enhance customer experiences?Greaves is building a comprehensive digital ecosystem that provides an end-to-end solution, encompassing product discovery, financing and lifecycle management. The Greaves1 app, focused on genset servicing, simplifies maintenance and enhances service efficiency. The Greaves Upahar Loyalty App improves accessibility and rewards loyalty among mechanics, fostering stronger engagement. The ev.fin platform revolutionises EV financing. Together, these initiatives lay the foundation for a fully integrated digital marketplace, enhancing customer experiences and delivering value across all touchpoints, positioning Greaves as a leader in innovative and inclusive mobility solutions. How does Greaves Cotton envision its role in the future of engineering and mobility? Our vision is to empower lives by driving sustainable innovation in engineering and mobility. We aim to create a digitally integrated ecosystem that delivers tailored, fuel-agnostic solutions, leveraging advancements in mechatronics, electrification and smart connectivity. With a focus on clean energy and innovation, we are shaping the next generation of mobility technologies that address market needs while promoting sustainability. What are the company’s key priorities over the next five years? Our focus is on building a robust, integrated ecosystem that connects products, services and solutions to enhance customer engagement. By expanding across the value chain and scaling digital conversion, we aim to lead in clean technology adoption, foster innovation and deliver end-to-end experiences. Sustainability, customer proximity and talent investment will remain central to our strategy as we accelerate growth and create long-term value for stakeholders. Q: Published - December 28, 2024 07:38 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp RedditMacron defiant in face of resignation calls after govt collapses
REDWOOD SHORES, Calif. , Dec. 5, 2024 /PRNewswire/ -- Reichman Jorgensen Lehman & Feldberg LLP (RJLF) has filed a lawsuit on behalf of a coalition of manufacturers, businesses, affordable housing interests, and workers seeking to prevent enforcement of South Coast Air Quality Management District regulations that effectively ban certain gas appliances. The plaintiffs, representing thousands of California residents, businesses, and workers, include Rinnai America Corporation , Noritz America Corporation , National Association of Homebuilders , California Manufacturers & Technology Association , California Restaurant Association , California Hotel & Lodging Association , and California Apartment Association , all represented by RJLF and Sean Kneafsey of the Kneafsey Law Firm . Californians for Homeownership is represented by Matt Gelfand , Restaurant Law Center is represented by Angelo Amador , and the California State Pipe Trades Council by McCracken, Stemerman & Holsberry . The coalition's suit asserts that the District's zero-NOx emissions rule for certain appliances, which effectively bans those gas appliances, is preempted by the federal Energy Policy and Conservation Act (EPCA) and should be blocked. The District's rule not only effectively mandates the use of electric appliances in new buildings but also forces costly retrofits to electric in existing buildings when appliances are replaced. This rule threatens the reliability and affordability of energy for millions of Californians, will impose enormous costs and disruption on businesses and workers, and will reduce the availability of affordable housing. Earlier this year, the U.S. Court of Appeals for the Ninth Circuit held that Berkeley, California's ban on gas piping in new buildings was preempted by EPCA ( California Restaurant Association v. City of Berkeley , 89 F.4th 1094 (9th Cir. 2024)) . The District's rule is legally indistinguishable, and the same result applies. "This case is pivotal to reinforcing the federal and state roles in setting national energy policy," said Sarah Jorgensen , lead counsel for the plaintiffs at RJLF. "The District's mandate for electric appliances in both new construction and forced retrofits not only jeopardizes our clients' work, business, and interests but also disregards established federal law. California must comply with the law." The case is Rinnai America Corp. et al. v. South Coast Air Quality Management District , No. 2:24-cv-10482 , in the United States District Court for the Central District of California . About Reichman Jorgensen Lehman & Feldberg LLP Reichman Jorgensen Lehman & Feldberg LLP (RJLF) is a national trial firm that handles high-stakes energy, commercial, intellectual property, and white collar disputes. The firm is majority women-owned, reinventing the practice of law without the billable hour in favor of fee arrangements that align client interests. RJLF's attorneys are diverse, exceptionally credentialed, and passionate about trial advocacy. From offices in Silicon Valley, New York , Washington, D.C. , Austin , and Atlanta , the firm tries cases and argues appeals throughout the country. For more information, visit www.reichmanjorgensen.com . Contact Sarah Jorgensen sjorgensen@reichmanjorgensen.com (650) 623-1403 View original content to download multimedia: https://www.prnewswire.com/news-releases/reichman-jorgensen-lehman--feldberg-leads-suit-against-south-coast-air-quality-management-districts-effective-ban-on-certain-gas-appliances-302324441.html SOURCE Reichman Jorgensen Lehman & Feldberg LLPTokischa & Nathy Peluso Team Up for ‘De Maravisha’ & More Best New Music LatinTrump team signs agreement to allow Justice to conduct background checks on nominees, staff
By ZEKE MILLER, Associated Press WASHINGTON (AP) — President-elect Donald Trump’s transition team on Tuesday signed an agreement to allow the Justice Department to conduct background checks on his nominees and appointees after a weeks-long delay. The step lets Trump transition aides and future administration staffers obtain security clearances before Inauguration Day to access classified information about ongoing government programs, an essential step for a smooth transiton of power. It also allows those nominees who are up for Senate confirmation to face the background checks lawmakers want before voting on them. Teams of investigators have been standing by to process clearances for Trump aides and advisers. “This agreement with the Department of Justice will ensure President Trump and his team are ready on Day 1 to begin enacting the America First Agenda that an overwhelming majority of our nation supported on Election Day,” said Susie Wiles, Trump’s designate to be White House chief of staff. The announcement comes a week after the Trump transition team signed an agreement with the Biden White House to allow transition staff to coordinate with the existing federal workforce before taking office on Jan. 20. The White House agreement was supposed to have been signed by Oct. 1, according to the Presidential Transition Act, and the Biden White House had issued both public and private appeals for Trump’s team to sign on. Security clearances are required to access classified information, including on ongoing operations and threats to the nation, and the Biden White House and outside experts have emphasized to Trump’s team the importance of having cleared personnel before Inauguration Day so they could be fully briefed and ready to run the government. Republican Senators have also insisted on FBI background checks for Trump’s nominees before they face confirmation votes, as has been standard practice for decades. Lawmakers have been particularly interested in seeing the findings of reviews into Trump’s designated nominee for defense secretary, former Fox News host Pete Hegseth, and for Rep. Tulsi Gabbard to be director of national intelligence. “That’s why it’s so important that we have an FBI background check, a committee review of extensive questions and questionnaires, and a public hearing,” said. Sen. Susan Collins, R-Maine on Monday. John Thune, the incoming Senate Republican leader, said the Trump team “understands there’s going to have to be a thorough vetting of all these nominees.” AP congressional correspondent Lisa Mascaro contributed.AP Business SummaryBrief at 6:40 p.m. EST
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It was a massive win for Richie Murphy’s team, which was without several key players through injury. Their physicality and hunger were the winners; their aggression in defence putting Connacht on the back foot for long periods. Both on 18 points with just three wins ahead of kick-off at Dexcom Stadium, there was much at stake for their URC ambitions, and also familial intrigue – Ulster father and son, Richard and Jack Murphy, against son/brother Ben pulling the strings at halfback for Connacht. But with their backs against the wall, the visitors showed immense belief to deny Connacht even a losing bonus point. Both sides suffered late changes before kick-off – Connacht losing hooker Dave Heffernan and Darragh Murray, while Ulster’s John Andrew replaced Rob Herring – but an aggressive start from the northern province gave a clear signal of what was to come. They dominated the opening 20 minutes as Pete Wilkins’ side struggled to get their hands on the ball. Eventually Ulster were rewarded for their aggressive line-speed, playing all the rugby in that opening period. Their deserved reward, after several drives to the line, was a try on 11 minutes for Eric O’Sullivan, converted by Nathan Doak. The visitors maintained their dominance as Connacht struggled to get to grips with Ulster’s physicality, forcing a penalty after 14 minutes, Doak stroking the kick through the posts to put his side into a 0-10 lead. It was 25 minutes before Connacht were able to strike up some continuity by putting the ball thorough the hands, but it stuttered with a penalty against Bundee Aki. Ulster’s aggressive defence continued to keep Connacht’s backs at bay, but the home side’s superior scrum looked the most likely route for them to gain possession and swing momentum. Connacht grabbed a foothold in the game after sorting some teething issues in the lineout, but with UIster winning the collisions, led by man-of-the-match Nick Timoney, Connacht were too often on the back foot and struggled to find momentum. But as the game progressed, so too did Connacht’s dominance at the scrum, but the opportunities it offered the westerners were wasted with a plethora of mistakes. Eventually a masterful kick from Jack Carty provided the perfect opportunity, Mack Hansen was in position to claim the ball and race through for a try on 35 minutes, Carty then adding the extras. An early second-half penalty saw Connacht start brightly after the break, but with the line within reach the final pass found its way into touch. Carty’s super kicking kept Connacht in the game but their lack of efficiency hampered their efforts as Ulster’s defence held firm. A 52nd minute penalty for Ulster gave them another platform, and after driving from the lineout Timoney claimed their second try. Doak then slotted over the conversion to put the visitors 10 points clear. Connacht did their best to get into the game but it was a poor display. Sean Jansen led the attempted resurgence but a tackle on Caolin Blade gifted Jude Postlethwaite possession and the opportunity was gone. Connacht blundered several opportunities, and although the introduction of Ben Murphy added impetus just before the hour-mark and their backs slowly found a rhythm, it wasn’t enough to see them back over the line. Hansen did his best with a chip over the top near the try line, and a resulting scrum in the front of the posts gave Connacht the perfect chance at 73 minutes, but the Ulster scrum made up for its earlier shakiness and forced back Connacht’s frontrow. The late push survived, Ulster took the win, denied Connacht the losing point and moved into the top eight for good measure. SCORING SEQUENCE – 11 mins: O’Sullivan try, Doak con 0-7; 14: Doak pen 0-10; 35: Hansen try, Carty con 7-10; Half-time 7-10 ; 54: Timoney try, Doak con 7-17. CONNACHT: P O’Conor; M Hansen, C Forde, B Aki, S Cordero; J Carty, C Blade; D Buckley, D Tierney-Martin, F Bealham; J Murphy, N Murray; C Prendergast (capt), S Hurley-Langton, P Boyle. Replacements: O Dowling for Murphy, S Jansen for Boyle (both 52), B Murphy for Blade (58), S Jennings for Carty (60), J Aungier for Bealham, E de Buitler for Tierney-Martin, P Dooley for Buckley (all 62), C Oliver for Hurley-Langton (66). ULSTER: M Lowry; W Kok, B Carson, J Postlethwaite, R Telfer; J Murphy, N Doak; E O’Sullivan, J Andrew, S Wilson; K Treadwell, C Izuchukwu; M Rea, N Timoney (capt), J McNabney. Replacements: J McCormick for Andrew (12-27 mins, 63), A Warwick for O’Sullivan (40), W de Klerk for Kok (41), D McCann for Rea (49), C Barrett for Wilson (63), H Sheridan for Treadwell (68). Referee: Andrew Brace (IRFU).Marvell stock soars as strong AI demand yields earnings beat, strong guidance
PATRICK Kielty has said he's "still buzzing" after hosting his second-ever Late Late Toy Show. The festive extravaganza beamed into homes across Ireland and the world on Friday night, drawing record-breaking audiences. This year's Toy Show, featuring a Home Alone-inspired theme, attracted an average TV viewing of over 1.6 million, including catch-up viewing on Saturday and Sunday and the repeat broadcast. Some 250 children invaded the McCallister home by getting involved in toy demonstrations, Wicked performances and the inaugural Toy Show County Parade. Across the weekend, the RTE Player broke their Toy Show record with 622,000 streams in Ireland and abroad, including Irish Sign Language streams. Audiences from 139 countries including streams from all 50 states in America and all eight Australian territories tuned in to see Brian Óg’s karaoke moment, Kevin and his Leitrim half dozen and Zara sharing her space facts - 21 per cent of live views came from outside of Ireland. RTE social platforms celebrated demo kids and performers from little Kevins to Wet Bandits, and also showed behind the scenes clips with Paddy after the show. Footage of Brian Óg, Dory, and a rocking performance of Thunderstruck also delighted audiences across the RTE social platforms. There were a whopping 18.4 million video views across all and 1.4m engagements on that content across TikTok , Instagram , Facebook , X and BlueSky. With Patrick Kielty emulating Kevin McCallister, a Christmas tree, and a wrestler to name just some of the extravagant costume changes, the biggest kid of them all, Kielty said: “I can’t believe it’s over for another year but I’m still buzzing from a magical Toy Show last Friday night. "As always that’s down to the amazing kids who knocked it out of the park with their performances, their toy demos and bringing their unique personalities, and to you at home for watching and sharing the love on the night. "The incredible amount our audience watching at home gave to the Toy Show Appeal this year is mind blowing and the difference it will make to kids and their families up, down and across Ireland is truly humbling. "Thank you so much for making it a night to remember." Audiences showed their generosity in enormous numbers through their donations to the Toy Show Appeal, raising €4.9 million this year. Children’s charities across Ireland will see the benefit of these funds in the year ahead with the total figure raised since its inception in 2020 now reaching beyond €26 million. Denise Charlton, Chief Executive of Community Foundation Ireland said: “The huge generosity of The Late Late Toy Show viewers will transform young lives in every county. "On behalf of the Community Foundation and our voluntary, community and charitable partners, I want to sincerely thank everyone who took part in this truly magical television moment. "As the money continues to flow in, we will now begin the work of turning it into positive action to meet essential needs, address health and wellbeing, as well as, promoting play and creativity. "An application process for groups will open in January and full details will be placed on our website www.communityfoundation.ie ” The Late Late Toy Show with Irish Sign Language (ISL) was also available live on Friday night on the RTE News Channel and RTE Player. ISL Toy Show will be repeated in Wednesday night's ISL block on RTE One. The repeat show was broadcast with Audio Description on Sunday, making the Toy Show more inclusive for Blind and Vision Impaired audiences. The Audio Description version will be repeated tonight on RTE One. Alan Tyler, Head of Entertainment, Comedy and Music said: “The Late Late Toy show is a truly unique programme. "Where else in the world will you find toys, kids, puppies, stunts, performances, books, costume changes, Christmas, Patrick Kielty and live TV all rolled into one? "We are delighted that the hard work and dedication shown by everyone involved in Toy Show has once again connected so well with audiences of all ages both at home and abroad. "We are also humbled and hugely grateful to the Irish public who gave so generously to Toy Show appeal, directly affecting the lives of Children and families across the country. We will be back next year to do it all again!"
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Highlights of the third quarter include: "Strong third quarter results delivered by Team Purple helped drive HSAs to 9.5 million, HSA Assets to $30 billion, Total Accounts to 16.5 million and quarterly revenue to over $300 million, all quarterly records," said Jon Kessler, President and CEO of HealthEquity. "Year to date, we have generated $264 million of cash from operations. This momentum has enabled us to return $60 million of capital to our shareholders via share repurchases, accelerate platform investments, raise our fiscal 2025 guidance, and provide a healthy initial outlook for fiscal year 2026." Third quarter financial results Revenue for the third quarter ended October 31, 2024 was $300.4 million, an increase of 21% compared to $249.2 million for the third quarter ended October 31, 2023. Revenue this quarter included: service revenue of $119.2 million, custodial revenue of $141.0 million, and interchange revenue of $40.3 million. HealthEquity reported net income of $5.7 million, or $0.06 per diluted share, and non-GAAP net income of $69.4 million, or $0.78 per diluted share, for the third quarter ended October 31, 2024. The Company reported net income of $14.7 million, or $0.17 per diluted share, and non-GAAP net income of $52.2 million, or $0.60 per diluted share, for the third quarter ended October 31, 2023. Adjusted EBITDA was $118.2 million for the third quarter ended October 31, 2024, an increase of 24% compared to the third quarter ended October 31, 2023. Adjusted EBITDA was 39% of revenue, compared to 38% for the third quarter ended October 31, 2023. Account and asset metrics HSAs as of October 31, 2024 were 9.5 million, an increase of 15% year over year, including 717,000 HSAs with investments, an increase of 21% year over year. Total Accounts as of October 31, 2024 were 16.5 million, including 7.0 million other consumer-directed benefits ("CDBs"). Total HSA Assets as of October 31, 2024 were $30.0 billion, an increase of 33% year over year. Total HSA Assets included $16.4 billion of HSA cash and $13.6 billion of HSA investments. Client-held funds, which are deposits held on behalf of our Clients to facilitate administration of our CDBs, and from which we generate custodial revenue, were $0.7 billion as of October 31, 2024. Stock repurchase program The Company repurchased 0.7 million shares of its common stock for $60.0 million during the third quarter ended October 31, 2024. As of October 31, 2024, $240.0 million of common stock remained authorized for repurchase under the Company's stock repurchase program. Business outlook For the fiscal year ending January 31, 2025, management expects revenue of $1.185 billion to $1.195 billion. Its outlook for net income is between $88 million and $96 million, resulting in net income of $0.99 to $1.08 per diluted share. Its outlook for non-GAAP net income, calculated using the method described below, is between $274 million and $281 million, resulting in non-GAAP net income per diluted share of $3.08 to $3.16 (based on an estimated 89 million diluted weighted-average shares outstanding). Management expects Adjusted EBITDA of $470 million to $480 million. For the fiscal year ending January 31, 2026, management expects revenue of approximately $1.275 billion to $1.295 billion and Adjusted EBITDA of approximately 41.5% to 42.5% of revenue. These amounts assume an average annualized yield on HSA cash of approximately 3.4% to 3.5%. See "Non-GAAP financial information” below for definitions of our Adjusted EBITDA and non-GAAP net income. A reconciliation of the non-GAAP financial measures used throughout this release (other than with respect to our Adjusted EBITDA outlook for the fiscal year ending January 31, 2026) to the most comparable GAAP financial measures is included with the financial tables at the end of this release. A reconciliation of our Adjusted EBITDA outlook for the fiscal year ending January 31, 2026 to net income, its most directly comparable GAAP measure, is not included, because our net income outlook for this future period is not available without unreasonable efforts as we are unable to predict certain significant items excluded from this non-GAAP measure, such as stock-based compensation expense and income tax provision. Conference call HealthEquity management will host a conference call at 4:30 pm (Eastern Time) on Monday, December 9, 2024 to discuss the fiscal 2025 third quarter financial results. The conference call will be accessible by dialing 1-833-630-1956, or 1-412-317-1837 for international callers, and referencing conference ID "HealthEquity." A live audio webcast of the call will be available on the investor relations section of our website at http://ir.healthequity.com. Non-GAAP financial information To supplement our financial information presented on a GAAP basis, we disclose non-GAAP financial measures, including Adjusted EBITDA, non-GAAP net income, and non-GAAP net income per diluted share. About HealthEquity HealthEquity and its subsidiaries administer HSAs and various other consumer-directed benefits for over 16 million accounts, working in close partnership with employers, benefits advisors, and health and retirement plan providers who share our unwavering commitment to our mission to save and improve lives by empowering healthcare consumers. Through cutting-edge solutions, innovation, and a relentless focus on improving health outcomes, we empower individuals to take control of their healthcare journey while ultimately enhancing their overall well-being. Learn more about our "Purple" service and approach at www.healthequity.com. Forward-looking statements This press release contains "forward-looking statements” within the meaning of the "safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our industry, business strategy, plans, goals and expectations concerning our markets and market position, product expansion, future operations, expenses and other results of operations, revenue, margins, profitability, acquisition synergies, future efficiencies, tax rates, capital expenditures, liquidity and capital resources and other financial and operating information. When used in this discussion, the words "may,” "believes,” "intends,” "seeks,” "aims,” "anticipates,” "plans,” "estimates,” "expects,” "should,” "assumes,” "continues,” "could,” "will,” "future” and the negative of these or similar terms and phrases are intended to identify forward-looking statements in this press release. Forward-looking statements reflect our current expectations regarding future events, results or outcomes. These expectations may or may not be realized. Although we believe the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to be correct. Some of these expectations may be based upon assumptions, data or judgments that prove to be incorrect. Actual events, results and outcomes may differ materially from our expectations due to a variety of known and unknown risks, uncertainties and other factors. Although it is not possible to identify all of these risks and factors, they include, among others, risks related to the following: Investor Relations Contact Richard Putnam 801-727-1000 [email protected] HealthEquity, Inc. and subsidiaries Condensed consolidated balance sheets HealthEquity, Inc. and subsidiaries Condensed consolidated statements of operations and comprehensive income (unaudited)
SAN DIEGO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of persons and entities that purchased or otherwise acquired Aehr Test Systems, Inc. AEHR securities between January 9, 2024 and March 24, 2024. Aehr provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, and package part form, and installed systems worldwide. For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Aehr Test Systems, Inc. (AEHR) Failed to Disclose Delays in Customer Orders According to the complaint, during the class period, defendants failed to disclose that contrary to prior representations to investors, Aehr was continuing to experience substantial delays in customer orders, which was likely to have a material negative impact on the Company's revenue growth, and therefore, the Company's business and/or financial prospects were overstated. The complaint alleges that when Aehr announced its disappointing preliminary fiscal Q3 2024 financial results on March 5, 2024, the Company's stock fell over 22%, to close at $11.37 per share on March 25, 2024. What Now : You may be eligible to participate in the class action against Aehr Test Systems, Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by February 3, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP : Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against Aehr Test Systems, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. Contact: Aaron Dumas, Jr. Robbins LLP 5060 Shoreham Pl., Ste. 300 San Diego, CA 92122 adumas@robbinsllp.com (800) 350-6003 www.robbinsllp.com https://www.facebook.com/RobbinsLLP/ https://www.linkedin.com/company/robbins-llp/ A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/db7c87a0-7203-449c-a05d-b7e39025624c © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Affiliate Disclosure If you buy through our links, we may get a commission. Read our ethics policy . iOS 18.2 is nearing its public release and it's packed with AI features Marko Zivkovic | Dec 05, 2024 Here's what's new in iOS 18.2. 0 Facebook x.com Reddit On Thursday, two weeks after the fourth developer beta , Apple deployed the release candidate build of iOS 18.2. While the update can be installed on devices as old as the iPhone XR and iPhone XS , the software includes a variety of features that only work on iPhone 15 Pro , iPhone 15 Pro Max, and the iPhone 16 range. Apple Intelligence makes it possible to use generative AI software for things such as text editing, proofreading, summarization , as well as tone adjustment, among other things. These features are available system-wide through a dedicated Writing Tools framework on iOS, iPadOS , and macOS , with iOS 18.2 bringing even more AI-powered functionality to the table. The software expands upon the existing capabilities of Writing Tools, originally introduced with iOS 18.1 . The iOS 18.2 update offers many new Apple Intelligence features related to image generation , as well as a variety of other improvements. iOS 18.2 brings ChatGPT to Writing Tools and Siri Starting with iOS 18.2, Siri can forward questions and requests to ChatGPT. OpenAI's software also powers a new text composition feature in Writing Tools. This means that users can ask ChatGPT to generate text or answer questions directly from iOS , rather than using a third-party app or website. iOS 18.2 introduces ChatGPT integration. ChatGPT integration was introduced with user privacy in mind, as all requests are sent anonymously. A ChatGPT account is not required for the use of basic features, which are freely available to users at any time. Advanced ChatGPT capabilities, however, are available only in a limited capacity. As part of the iOS 18.2 update, users will be able to see whether or not they've exceeded the daily limit for ChatGPT's advanced capabilities. Once the advanced capability limit has been passed, additional requests are sent to the basic version of ChatGPT for up to 24 hours. Those who want even more now have the option to upgrade to ChatGPT Plus for $19.99 a month straight from the Settings app. Siri has gained the ability to fetch real-time information with ChatGPT Plus, and the virtual assistant can share screenshots with ChatGPT as well. It's worth pointing out that ChatGPT integration is only available for devices that already support Apple Intelligence, such as the iPhone 16 range. With the iOS 18.2 update, Apple has also included new settings specific to these devices. iOS 18.2 enables Visual Intelligence on the iPhone 16 range iOS 18.2 introduces various settings for the Camera Control , which made its debut with the iPhone 16 range. The Camera Control is an entirely new hardware component, a button with a capacitive surface and a force sensor. The button can be used in conjunction with Apple Intelligence through an entirely new feature known as Visual Intelligence. Visual Intelligence is available on iPhone 16 models running iOS 18.2. With Visual Intelligence, users can click and hold the Camera Control button while aiming their iPhone 16 at an object or location of interest. This will, in turn, provide users with useful information via Apple's generative AI software. For instance, users can point their devices towards a restaurant and receive details about the location's ratings or working hours. In the same way, it's also possible to add a calendar event from a flyer or identify a dog by breed. Additional Camera Control settings for iPhone 16 users There are also new settings related to the Camera Control and its functions in iOS 18.2. Users can now adjust the double-click speed for Camera Control. Apart from the Default option, the double-click speed can be set to Slow or Slower . iOS 18.2 introduces additional settings for the Camera Control on iPhone 16. The software update adds a new AE/AF Lock option as well, which locks the exposure and focus when taking a photo. The Camera Control can be configured to toggle AE/AF Lock with a light press. This means that the exposure stays consistent and that the image won't darken, even when the iPhone is moved around. Apple has added a new customization option that lets you open the Camera app even if your screen is off. Located in Settings > Display and Brightness , there's now an option titled Require Screen On , which is enabled by default. Disabling this option lets you activate the Camera app via Camera Control even if the device's display is currently off. Apple's Image Playground is a new system-wide AI-powered image generation tool iOS 18.2 introduces Image Playground , which is an entirely new system application that lets users create images through artificial intelligence. Image Playground uses AI to generate images at the user's request. In the Image Playground app, users can write a description of the image they want to see and have generative AI create it. This can be an image of a person they know, a landscape, an object, or anything in between. The software does have guardrails in place, though, so it's not able to create images of copyrighted characters or inappropriate content. Images can be created in one of two styles: animation and illustration. The content created within Image Playground is not hyper-realistic by any means. Apple has also made sure that all images generated with the app are labeled as such so that they could never be mistaken for real-world photographs. Image Playground can generate images of people the user knows. Image Playground allows you to generate images with a resolution of 1024 by 1024. They are saved locally and can be shared like any other photo on your iPhone, iPad , or Mac . A similar feature, known as Image Wand, lets users create images based on text found within the Notes app. Typed or handwritten text can be turned into an image through artificial intelligence. Image Playground features integration with system applications such as Freeform, Keynote, Messages, and Pages, as well as with third-party apps. With it, users can create so-called Genmojis along with other types of images. Create custom 'Genmoji' with Apple Intelligence on iOS 18.2 With iOS 18.2, users can create unique emojis straight from the iOS keyboard. These custom emoticons are known as Genmoji and can be synced via iCloud , appearing in the user's sticker drawer across all compatible devices. With iOS 18.2, it's possible to create so-called Genmoji. Users can simply describe the emoji they want to create, such as one based on an object or a person they know, and Apple Intelligence will make it a reality. Genmoji can be created with source images from the Photos app, or a generic emoji person can be used instead. Genmoji don't necessarily need to be people, though, as they can consist of various objects, both real and imaginary — it's all up to the end user's creativity. On-device email categorization is available within the Mail application The Mail app has received a significant update with iOS 18.2, as Apple's built-in email application can now sort emails into pre-defined categories. Email categorization was one of the key improvements previewed at WWDC 2024, and it's now finally here. Apple's Mail app can sort emails into pre-defined categories on iOS 18.2. Through machine learning, the built-in Mail app can classify emails into categories such as: Primary - which displays time-sensitive messages, emails from people the user might know, and other important information Transactions - an email category for receipts and order confirmations Updates - which contains newsletters and social media notices Promotions - for marketing and sales-related emails The Mail app now features an entirely new Digest view, which can display all emails from a specific company, making interactions with these messages significantly easier. With the Digest view, users will be able to get information about flights from a particular company, for instance. Users will also be able to adjust the email category in which senders appear. There's also a new option for app badges, letting users choose whether they appear only for primary unread messages or all unread messages. While Apple Intelligence and its associated features are undoubtedly a major component of the iOS 18.2 update, the software also contains a variety of improvements that have nothing to do with AI. Specifically, iOS 18.2 contains new features for FindMy, Photos, and much more. FindMy now lets you share the location of lost AirTags FindMy has received a significant update with iOS 18.2, as the software now lets users share the location of lost items with people they trust. FindMy has received a significant improvement with iOS 18.2. When an AirTag or other item is lost, users can opt to share the location of the item with a trusted individual or even an airline, all so that the lost item can be more easily recovered. This could be particularly useful for lost luggage, though FindMy-equipped devices have also helped authorities locate stolen vehicles in some instances. The lost item's location is shared in the form of a link. The link recipient will be able to see the AirTag's location, serial number, and the user's Apple Account email or phone number for a limited amount of time. Location sharing is automatically stopped once the item is found, or when the link to the item's location expires. Hearing Health features for AirPods Pro 2 now available in more countries iOS 18.2 also expands the availability of Hearing Health features for the AirPods Pro 2 wireless earbuds. Specifically, the Hearing Test feature is now available in Cyprus, Czechia, France, Italy, Luxembourg, Romania, Spain, the United Arab Emirates, and the United Kingdom. The clinical-grade Hearing Aid feature, meanwhile, was made available in the United Arab Emirates. Hearing Health features for AirPods Pro 2 are now available in additional countries. Hearing Health features were originally introduced with the iOS 18.1 update in the United States, following FDA approval in September 2024. On AirPods Pro 2, these features let users test their hearing or use the device as a hearing aid in cases of mild to moderate hearing loss. It's worth noting, though, that the AirPods Pro 2 need to be running firmware 7B19 or newer for any of these features to function. The features are not meant to work in countries or regions where they have not yet been approved. Other changes in the iOS 18.2 update The operating system also introduces a minor change to video playback in the Photos application. Videos are no longer automatically zoomed in as soon as playback begins. Users also have the option to scrub through a video frame-by-frame and can disable the auto-looping of video playback. iPadOS 18.2 features a revamped tab bar in the Apple TV app. On the iPad side of things, iPadOS 18.2 introduces a noteworthy change to the Apple TV application. The in-app tab bar has been made customizable, and now items from the sidebar can be added to it. Certain system applications and features have also received minor updates: Apple Music and Apple TV — a new Natural Search feature makes it easier to search for content by actor, decade, genre, mood, etc. Face ID — When trusting a computer from an iPhone, Face ID can now be used for authentication instead of the user's passcode. iPhone Mirroring — allows users to mirror their iPhone screen even when a Mac is using it as a personal hotspot. Podcasts — new options for Favorite categories, and a personalized Search page. Notes — an additional "Create Image" button that appears when text is selected. Safari — new background images for the Safari Start Page, along with a Live Activity for file downloads. Shortcuts — three new shortcuts related to the Fitness application. Stocks — pre-market price quotes let users track track NASDAQ and NYSE tickers prior to market open Voice Memos — support for layered recording, which can be used to add vocals to a song idea, for instance. Misc. — Web content filters are now automatically enabled for minors in Utah. While there are some improvements of note in this list, the great majority of them build upon existing applications and their features. The software also contains a few minor bug fixes, as detailed in Apple's release notes. visionOS 2.2 brings Wide and Ultrawide views to Mac Virtual Display, watchOS 11.2 adds a new pause button visionOS 2.2, on the other hand, includes a major improvement to the Mac Virtual Display feature. While the Apple Vision Pro was always usable as an external display for Mac, there are now two new display modes: Ultrawide and Wide. According to Apple, the new Ultrawide setting is the equivalent of connecting two 4K monitors to a Mac and using them side-by-side. visionOS 2.2 introduces improvements to the Mac Virtual Display feature. Apple also made it possible to view multiple sports games at once on the Apple Vision Pro. With visionOS 2.2, users can now view up to 5 MLB or MLS games simultaneously through their Apple TV+ subscription. While it's not currently possible to view other sports, Apple has added SharePlay integration with visionOS 2.2, letting users of the headset watch games together. On the Apple Watch , watchOS 11.2 introduces a new pause button for the Camera Remote application. This means that it's now possible to pause videos being recorded on an iPhone via the Camera Remote app on an Apple Watch, through a new button located on the left side of the screen. The Apple Vision Pro and Apple Watch platforms still lack Apple Intelligence, though, meaning that their users won't be able to take advantage of the various AI features available on other Apple platforms. Although some Apple Intelligence features are already here, such as email summarization and the Clean Up tool in Photos, a good chunk of them are still only available in the release candidate build. iOS 18.2 is expected to receive its final public release in early December 2024, which is when features like Image Playground and Visual Intelligence will become available to all users.'Wee Gav' inspired Hibs to defeat Hearts - the story of bad jokes, dancing and team spirit
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DOHA, Qatar , Dec. 28, 2024 /PRNewswire/ -- On December 25, 2024 , the First JETOUR Fan's Festival and the Launch of T2 i-DM was held in Qatar , themed "Think Future". During the event, JETOUR launched its user brand "Traveler" in the Middle East and its first hybrid model, JETOUR T2 i-DM. The launch event highlights JETOUR's commitment to exploring sustainable travel modes and ambition to become the "The World's Leading Brand in Hybrid Off-road Vehicles" under the "Travel+" strategy. JETOUR T2 i-DM not only inherits the strengths of T2 series, but also achieves high energy efficiency, high performance, high safety, and high intelligence with its advanced hybrid technology, i-DM. With a maximum combined power of 280kW and torque of 610N•m, T2 i-DM boasts a NEDC pure electric range of 139km and an overall range exceeding 1,000km at just 0.8L/100km, addressing range anxiety and promoting green travel. Mr. Dai Lihong, executive vice president of JETOUR Auto, emphasized technology's role in producing world-class products. The launch also introduced "Traveler", enriching user experience through diverse products and superior performance. This year, JETOUR has ranked third in sales across the Qatari auto market. The Fan's Festival invited user representatives from across the Middle East to witness the unveiling of "Traveler", experiencing "Travel+" culture through city tours and co-creation workshops. JETOUR prioritizes users, listening to their needs and co-creating products, brand, and lifestyle. Through "Traveler," JETOUR aims to provide richer travel experiences and benefits globally, leveraging the platform to spread the "Travel+" culture worldwide. Mr. Alex Tan , Vice President of JETOUR International, said, "Serving 'JETOUR users' and being 'a user-oriented JETOUR' are JETOUR's development philosophy. JETOUR will continue to build a travel community centered around users, cars, and lifestyles, sharing the joy of traveling together with users." JETOUR also partnered with Diamond League to promote athletics in Qatar and the Middle East , embodying JETOUR Speed and the brand's image of breakthroughs and innovations. With T2 selling over 150,000 units globally, T2 i-DM will continue its success to meet customers' needs and reshape the hybrid SUV market. The launch of T2 i-DM marks JETOUR's new journey towards "the World's Leading Brand in Hybrid Off-road Vehicles." JETOUR plans to introduce more hybrid and off-road models, providing customers with eco-friendly and diversified travel choices. With its innovative spirit and user-oriented philosophy, JETOUR will lead the global automotive industry towards a more sustainable and smarter future. View original content to download multimedia: https://www.prnewswire.com/news-releases/global-launch-of-jetour-t2-i-dm-reshaping-the-hybrid-suv-market-302339886.html SOURCE JETOUR AUTO‘Our youth have started thinking about future that they want’