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SAN DIEGO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities who purchased or otherwise acquired Marqeta, Inc. (NASDAQ: MQ) securities between August 7, 2024 and November 4, 2024. Marqeta creates digital payment technology for innovation leaders. 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 Marqeta, Inc. (MQ) Failed to Disclose the Impact of Regulatory Scrutiny on its Business Prospects According to the complaint, during the class period, defendants failed to disclose that Marqeta understated the regulatory challenges affecting its business outlook and therefore, would have to cut its guidance for the fourth quarter of 2024. The complaint alleges that on November 4, 2024, Marqeta announced third quarter 2024 financial results and revised its fourth quarter projections to "reflect[] several changes that became apparent over the last few months with regards to the heightened scrutiny of the banking environment and specific customer program changes." The complaint further alleges that Marqeta's CEO and CFO actually knew of the heightened regulatory scrutiny affecting the Company's business from the beginning of the year, which they revealed in connection with the November 4 announcement. On this news, Marqeta’s stock price fell $2.53 per share, or 42.5%, to close at $3.42 per share on November 5, 2024. What Now : You may be eligible to participate in the class action against Marqeta, Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by February 7, 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 : 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. To be notified if a class action against Marqeta, 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. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/53e69218-456a-4e86-81b7-b14619b1f825
SAO PAULO (AP) — Brazil’s federal police on Thursday formally accused former President Jair Bolsonaro and 36 other people of attempting a coup to keep him in office after his defeat in the 2022 elections. Police said their sealed findings were being delivered Thursday to Brazil’s Supreme Court, which will refer them to Prosecutor-General Paulo Gonet, who decides either to formally charge Bolsonaro and put him on trial, or toss the investigation. Bolsonaro told the website Metropoles that he was waiting for his lawyer to review the accusation, reportedly about 700 pages long. But he said he would fight the case and dismissed the investigation as being the result of “creativity.” The former right-wing president has denied all claims he tried to stay in office after his narrow electoral defeat in 2022 to his rival, leftist President Luiz Inácio Lula da Silva. Bolsonaro has faced a series of legal threats since then. Police said in a brief statement that the Supreme Court had agreed to reveal the names of all 37 people who were accused “to avoid the dissemination of incorrect news.” Dozens of former and current Bolsonaro aides also were accused, including Gen. Walter Braga Netto, who was his running mate in the 2022 campaign; former Army commander Gen. Paulo Sérgio Nogueira de Oliveira; Valdemar Costa Neto, the chairman of Bolsonaro’s Liberal Party; and his veteran former adviser, Gen. Augusto Heleno. Other investigations produced formal accusations of Bolsonaro’s roles in smuggling diamond jewelry into Brazil without properly declaring them and in directing a subordinate to falsify his and others’ COVID-19 vaccination statuses. Bolsonaro has denied any involvement in either. Another probe found that he had abused his authority to cast doubt on the country’s voting system, and judges barred him from running again until 2030. Still, he has insisted that he will run in 2026, and many in his orbit were heartened by the recent U.S. election win of Donald Trump, despite his own swirling legal threats. But the far-reaching investigations already have weakened Bolsonaro’s status as a leader of Brazil’s right wing, said Carlos Melo, a political science professor at Insper University in Sao Paulo. “Bolsonaro is already barred from running in the 2026 elections,” Melo told the The Associated Press. “And if he is convicted he could also be jailed by then. To avoid being behind bars, he will have to convince Supreme Court justices that he has nothing to do with a plot that involves dozens of his aides. That’s a very tall order,” Melo said. A formal accusation of an attempted coup means the investigation has gathered indications of “a crime and its author,” said Eloísa Machado de Almeida, a law professor at Getulio Vargas Foundation, a university in Sao Paulo. She said she believed there was enough legal grounds for the prosecutor-general to file charges. Bolsonaro’s allies in Congress have been negotiating a bill to pardon individuals who stormed the Brazilian capital and rioted on Jan. 8, 2023 in a failed attempt to keep the former president in power. Analysts have speculated that lawmakers want to extend the legislation to cover the former president himself. However, efforts to push a broad amnesty bill may be “politically challenging” given recent attacks on the judiciary and details emerging in investigations, Machado said. On Tuesday, Federal Police arrested four military and a Federal Police officer, accused of plotting to assassinate Lula and Supreme Court Justice Alexandre de Moraes as a means to overthrow the government following the 2022 elections. And last week, a man carried out a bomb attack in the capital Brasilia . He attempted to enter the Supreme Court and threw explosives outside, killing himself.
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SAN DIEGO , Dec. 5, 2024 /PRNewswire/ -- BSD Builders, Inc. today announced it has received seismic certification from California's OSHPD/HCAi for its state-of-the-art Microgrid Solutions. Developed in partnership with 2G Energy Inc., the BSD Special Seismically Certified (SSC) Microgrid product is set to revolutionize energy resilience and efficiency for all types of buildings. The BSD SSC Microgrid system, consisting of a cogeneration power plant and fuel storage, was initially designed to support California skilled nursing facilities' compliance with California Assembly Bill 2511, which California Governor Gavin Newsom signed into law on September 29, 2022 . This bill requires these facilities to have an alternative power source to protect resident health and safety for at least 96 hours during any type of power outage. This microgrid power solution is a self-contained electrical system that can operate independently from the main power grid. With the seismic certification, it is now available for any type of building that needs uninterruptable power. "At BSD Builders, we're passionate about creating solutions that make a difference in people's lives. We have developed a proprietary solution that not only meets but exceeds California's stringent seismic requirements while providing a reliable and efficient source of power, especially during unexpected power loss or natural disasters," said Jeff Blair , CEO of BSD Builders, Inc. "This solution offers long-term benefits not only by lowering utility costs, it can also help to improve the stability of the regional electric grid and reduce carbon emissions." Key features of the BSD SSC Microgrid Solution include: "2G Energy is proud to partner with BSD on the BSD SSC Microgrid System designing it for a wide range of applications, providing a reliable and cost-effective energy solution for skilled nursing facilities, hospitals, data centers, pharmaceutical labs, research facilities, cold storage units, data centers, and more," stated Darren Jamison , Managing Director of 2G Energy North America. "The design utilizes proprietary technologies to offer clients reduced utility costs and increased reliability. It is designed for continuous parallel operation with the utility as well as stand-alone island mode," concluded Jamison. For more information about the BSD SSC Microgrid System or to schedule a consultation, please visit bsdbuilders.com . About BSD Builders, Inc . - BSD Builders, Inc. is a leading general contractor specializing in the healthcare industry. Focusing on exceeding industry standards and delivering exceptional value to clients, BSD Builders, Inc. continues to set the benchmark for excellence in the construction and energy sectors. About 2G Energy – 2G Energy is a globally recognized leader in the development and production of combined heat and power (CHP) systems. With a commitment to sustainability and innovation, 2G Energy provides cutting-edge solutions that optimize energy efficiency and environmental performance. View original content to download multimedia: https://www.prnewswire.com/news-releases/bsd-builders-inc-advanced-microgrid-solutions-receives-california-seismic-certification-for-uninterruptible-power-supply-302324334.html SOURCE BSD Builders, Inc.Fresh protests in Georgia after PM vows to 'eradicate' oppositionUniCredit: Will It Be The Next Leading EU Bank?Unpacking the Relationship Between Market Sentiment and Crypto Prices
The Israeli Justice Ministry made the announcement in a message late on Thursday, saying the investigation would focus on the findings of a recent report by the Uvda investigative programme into Sara Netanyahu. The programme uncovered a trove of WhatsApp messages in which Mrs Netanyahu appears to instruct a former aide to organise protests against political opponents and to intimidate Hadas Klein, a key witness in the trial. The announcement did not mention Mrs Netanyahu by name and the Justice Ministry declined further comment. Earlier on Thursday, Mr Netanyahu blasted the Uvda report as “lies”. It is the latest in a long line of legal troubles for the Netanyahus, highlighted by the PM’s ongoing corruption trial. Mr Netanyahu is charged with fraud, breach of trust and accepting bribes in a series of cases alleging he exchanged favours with powerful media moguls and wealthy associates. He denies the charges and says he is the victim of a “witch hunt” by overzealous prosecutors, police and the media.
Ireland blamed Northern Ireland Office for ‘damaging leaks’, records showIn our latest episode , we sit down with John Smee, Global Head of Wireless Research at Qualcomm, as we explore the future of global connectivity with the upcoming 6G network. Smee offers a fascinating look into the technological evolution that will shape industries, enhance artificial intelligence (AI) capabilities, and revolutionize communication and innovation. Also, check out our subscription plans to discover Interesting Engineering’s premium features. From LTE to 5G John Smee, who has been with Qualcomm for over 25 years, begins by highlighting the company’s longstanding role in pioneering wireless generations. “We like to say Qualcomm’s in the G business,” he explained, referencing their contributions to 3G, 4G, 5G, and now 6G. According to Smee, these wireless “generations” represent leaps forward in technological capability. “Each generation brings gains for users, efficiency, and the underlying technologies, from wireless to computing and now AI,” he added. Smee notes that each generational shift occurs roughly every decade. “The 4G era began around 2010, followed by 5G in 2020. We expect 6G to roll out between 2030 and 2040,” he told us. Smee said this kind of timescale would enable technology standardization and ensure interoperability. Will 6G be a game-changer? When asked how 6G will differ from 5G, Smee explained that the difference will “not just [be] about delivering more megabits per second,” he explains. “It’s about creating a smarter network that integrates advanced computing and generative AI. These technologies will fundamentally change how we use wireless networks,” he added. Smee describes how evolving consumer behaviors drive demand for more sophisticated networks. “Think about how applications like Zoom, streaming video, or real-time uploads were not common five years ago,” he says. “Now, they’re integral to daily life. 6G will enable even more transformative use cases,” he added. How we get to 6G Smee outlines the meticulous process behind 6G development. “We’re currently discussing use cases and performance indicators,” he told IE. “In about 12 months, we’ll begin the Release 20 study item, culminating in formalized standards by 2029,” he added. Smee also explained the importance of global collaboration through international bodies like the 3GPP. This, he explained, will be vital to ensure seamless device and network interoperability across the globe. Cost-effectiveness and reusability are also critical. “We’re focusing on making upgrades cost-effective for vendors and operators while delivering the significant benefits 6G promises,” Smee explained. AI and 6G: a dream partnership According to Smee, artificial intelligence (AI) will play a transformative role in 6G development and advancement. He explained, “AI isn’t just enhancing applications; it’s improving cellular systems. From predictive algorithms to network optimization, AI will make networks smarter, more adaptive, and more efficient.” One particularly exciting area is on-device AI. “At Qualcomm, we’re implementing large language models with billions of parameters directly on devices,” he added. “This creates a more intelligent edge, reducing reliance on cloud computing and enabling real-time decision-making,” he added. Everyone gets internet Addressing concerns about rural connectivity, Smee assures that 6G will focus on improving coverage and capacity in underserved areas. “6G will transform connected agriculture and other rural use cases by bringing advanced computing closer to the devices,” he states. He also highlights the role of satellite integration. “The intersection of satellite and cellular is growing stronger. Technologies like non-terrestrial networking (NTN) will complement traditional networks, providing global coverage even in remote areas,” he added. Fast and sustainable Energy efficiency is a major focus for 6G, with Qualcomm striving to reduce energy consumption while enhancing performance. “We measure energy per bit to optimize how much energy is used for data transmission,” Smee explains. “AI plays a key role here, enabling networks to operate more efficiently during periods of low activity,” he added. Smee describes innovations like advanced device sleep modes and smarter network scheduling. “By synchronizing timing and optimizing bandwidth, we’re making both devices and networks more sustainable,” he told us. 6G will change some industries forever 6G’s impact will extend far beyond personal devices. “Industries like healthcare, agriculture, and manufacturing will see profound changes,” Smee predicts. For example, 6G will enable real-time data sharing between patients and healthcare providers. “It’s not just about video calls,” he noted. “Imagine sensors providing continuous health data, creating a more immersive and effective medical experience,” Smee added. Augmented and virtual reality (AR/VR) will also benefit. “The merging of physical, digital, and virtual worlds will be far more significant by 2030,” Smee says. “From education to entertainment, 6G will drive previously unimaginable applications,” he said. The future is bright; the future is 6G When asked to share his vision for 6G, Smee emphasizes flexibility and collaboration. “It’s about designing an evolutionary and revolutionary system,” he explains. “We’re solving known problems while building flexibility to adapt to unknown future needs,” he added. Smee is optimistic about the global cooperation that underpins 6G development. “Countries and companies are coming together to create a unified standard. This ensures that 6G can meet diverse needs, from boosting GDP to improving healthcare and education,” he said. He concludes with a hopeful outlook: “6G will transform how we connect, compute, and collaborate, creating opportunities we can only begin to imagine today.”Prime Minister Sir Keir Starmer WPA Pool via Getty Images Labour will recruit an extra 13,000 neighbourhood police to tackle anti-social behaviour between now and the general election, Keir Starmer will pledge on Thursday. The prime minister will unveil the plan in a major speech as he attempts to relaunch his government after a turbulent first five months in office. Advertisement Every community will have a “named, contactable officer” tasked with patrolling their neighbourhood and who cannot be used to plug policing shortages in other areas, the PM will say. The new “neighbourhood policing guarantee” is part of a “plan for change” setting out how Labour intends to achieve its five missions for government and will include separate pledges on clearing hospital backlogs, improving education, tackling the cost of living and bringing down energy bills. But No.10 has denied that the PM has been forced into the reset by the controversies and scandals which have dogged the government since Labour’s landslide election victory in July. They have included a row over Labour donor Lord Alli buying clothes and glasses for the prime minister, the sacking of Starmer’s chief of staff Sue Gray , and last week’s resignation by transport secretary Louise Haigh . Advertisement In his speech, Starmer will say: “The neighbourhood policing guarantee will deliver 13,000 extra neighbourhood police, visible on your streets, cracking down on anti-social behaviour. “A named, contactable officer in every community. A relief to millions of people scared to walk their streets they call home.” The extra numbers will be made up of police, community support officers and special constables. Home secretary Yvette Cooper said the move was “about rebuilding the vital connection between the public and the police”. “This marks a return to the founding principles of British policing - where officers are part of the communities they serve,” she said. “Through this visible, responsive police presence in every neighbourhood, we will restore the trust and partnership that lies at the heart of keeping our communities safe.” Advertisement Starmer is also expected to address public concerns about high immigration in his speech, as well as announce a major programme of public sector reform. He will say: “My government was elected to deliver change, and today marks the next step. People are tired of being promised the world, but short-term sticking plaster politics letting them down. “Hardworking Brits are going out grafting every day but are getting short shrift from a politics that should serve them. “They reasonably want a stable economy, their country to be safe, their borders secure, more cash in their pocket, safer streets in their town, opportunities for their children, secure British energy in their home, and an NHS that is there when they need it. My mission-led government will deliver.” Related labour party keir starmer police No.10 Denies Keir Starmer Ever Boycotted Qatar Despite World Cup Snub Starmer Bats Back Badenoch's Jibe Over Louise Haigh With 'Gentle' Reminder Of Tory Legacy Support For Starmer Plummets As He Prepares To 'Reset' His Government