Meet Amit Goyal whose wedding the Gandhi family is attending in JaipurEASTON, Md., Nov. 21, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. WULF ("TeraWulf" or the "Company"), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced that Sean Farrell has been promoted to Chief Operating Officer, effective immediately. Mr. Farrell will continue to report directly to Nazar Khan, Chief Technology Officer of TeraWulf. "This promotion reflects Sean's exceptional leadership, unwavering commitment to operational excellence, and the strong relationships he has cultivated within and outside the Company," said Paul Prager, Chief Executive Officer of TeraWulf. "Our leadership team is a vital asset to TeraWulf, and Sean embodies the qualities that drive our success. His energy, passion, and determination will be invaluable as we enhance our high-performance computing (HPC) and artificial intelligence (AI) data center capabilities." Prager further emphasized, "In this new role, which combines strategic vision with operational execution, we are positioning TeraWulf to navigate rapid expansion and unlock significant value. It is crucial that our leadership team delivers results for our shareholders. Sean's promotion marks a significant step forward in our commitment to operational excellence and organic growth. His technical experience and tireless attitude are precisely what TeraWulf needs, and we are fortunate to have him on our team." Mr. Farrell brings over 13 years of experience in the energy sector, specializing in renewables, grid optimization, electric delivery, digitalization, and storage solutions across various business domains. Most recently, he served as Senior Vice President of Operations at TeraWulf, where he coordinated and oversaw the Company's data center operations and vertical integration strategy. Before joining TeraWulf, Mr. Farrell was the North American Head of Onshore Sales and Marketing at Siemens Gamesa Renewable Energy Inc., where he led product development, sales, and market strategy for onshore wind turbines in the U.S. and Canada. He began his career in the energy industry at Siemens Energy, progressing through roles of increasing responsibility within their Power System Sales organization, focusing on generation and electric delivery across diverse verticals for over a decade. "I am honored and excited by this opportunity to lead TeraWulf's digital infrastructure operations," said Sean Farrell. "Having worked alongside TeraWulf's talented professionals for almost three years, I see substantial opportunities for growth and the expansion of our capacity to support HPC and AI compute workloads. I look forward to driving that growth in the coming years to be a top player in the space." About TeraWulf TeraWulf develops, owns, and operates environmentally sustainable, next-generation data center infrastructure in the United States, specifically designed for Bitcoin mining and high-performance computing. Led by a team of seasoned energy entrepreneurs, the Company owns and operates the Lake Mariner facility situated on the expansive site of a now retired coal plant in Western New York. Currently, TeraWulf generates revenue primarily through Bitcoin mining, leveraging predominantly zero-carbon energy sources, including nuclear and hydroelectric power. Committed to environmental, social, and governance (ESG) principles that align with its business objectives, TeraWulf aims to deliver industry-leading economics in mining and data center operations at an industrial scale. 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, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. In addition, forward-looking statements are typically identified by words such as "plan," "believe," "goal," "target," "aim," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "should," "would" and other similar words and expressions, although the absence of these words or expressions does not mean that a statement is not forward-looking. Forward-looking statements are based on the current expectations and beliefs of TeraWulf's management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects. There can be no assurance that future developments will be those that have been anticipated. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, risks, uncertainties and assumptions, including, among others: (1) conditions in the cryptocurrency mining industry, including fluctuation in the market pricing of bitcoin and other cryptocurrencies, and the economics of cryptocurrency mining, including as to variables or factors affecting the cost, efficiency and profitability of cryptocurrency mining; (2) competition among the various providers of cryptocurrency mining services; (3) changes in applicable laws, regulations and/or permits affecting TeraWulf's operations or the industries in which it operates, including regulation regarding power generation, cryptocurrency usage and/or cryptocurrency mining, and/or regulation regarding safety, health, environmental and other matters, which could require significant expenditures; (4) the ability to implement certain business objectives and to timely and cost-effectively execute integrated projects; (5) failure to obtain adequate financing on a timely basis and/or on acceptable terms with regard to growth strategies or operations; (6) loss of public confidence in bitcoin or other cryptocurrencies and the potential for cryptocurrency market manipulation; (7) adverse geopolitical or economic conditions, including a high inflationary environment; (8) the potential of cybercrime, money-laundering, malware infections and phishing and/or loss and interference as a result of equipment malfunction or break-down, physical disaster, data security breach, computer malfunction or sabotage (and the costs associated with any of the foregoing); (9) the availability, delivery schedule and cost of equipment necessary to maintain and grow the business and operations of TeraWulf, including mining equipment and infrastructure equipment meeting the technical or other specifications required to achieve its growth strategy; (10) employment workforce factors, including the loss of key employees; (11) litigation relating to TeraWulf and/or its business; and (12) other risks and uncertainties detailed from time to time in the Company's filings with the Securities and Exchange Commission ("SEC"). Potential investors, stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. TeraWulf does not assume any obligation to publicly update any forward-looking statement after it was made, whether as a result of new information, future events or otherwise, except as required by law or regulation. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Company's filings with the SEC, which are available at www.sec.gov . Investors: Investors@terawulf.com Media: media@terawulf.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Newsmakers for November 24
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Flood alerts and warnings have been issued across West Yorkshire as Storm Bert continues to wreak havoc. There have been 12 flood warnings and a flood alert have been issued across the region. Footage of flood sirens blasting through the Calder Valley have been shared across social media. The River Calder, River Irwell and Walsden Water are expected to burst their banks. This comes as the county has come under heavy rain and snowfall with an amber weather warning issued by the Met Office last night. West Yorkshire Police have warned the public to 'only make necessary trips' trips today, to avoid the hazards. Road have been disrupted across the county . The amber weather warning has since elapsed but a yellow snow and rain warning remains for most of Yorkshire. Flood warnings, meaning flooding is expected, have been issued in: Midgelden Brook at Bacup Road - Gauxholme River Calder at Callis Bridge and Charlestown River Calder at Central Todmorden River Calder at Eastwood River Calder at Hebden Bridge - Mytholm and Hebble End River Calder at Todmorden from the Cricket Ground to the Railway Bridge River Calder at Todmorden - Harley Wood River Calder at Todmorden - Patmos Burnley Road River Calder from Todmorden to Eastwood River Irwell at Bacup Walsden Water at Todmorden from Shade to Salford Walsden Water at Walsden Flood alerts, meaning flodding is possible, have been issued in: Upper River Calder catchment Follow our live blog for all the latest updates . Get all the latest and breaking news in Yorkshire by signing up to our newsletter hereSAN BERNARDINO, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- WattEV, the nation's leading developer of medium- and heavy-duty truck charging depots, partnered with the Charging Interface Initiative (CharIN) – an international association focused on establishing open and interoperable technical standards for electric vehicle charging – to finalize a new rapid-charging standard – the Megawatt Charging System (MCS) - that will enable heavy-duty electric trucks to fully charge in less than 30 minutes. At a gathering this week at WattEV's expansive truck charging depot in San Bernardino, Calif., electric truck transport industry leaders continued their progress toward ongoing interoperability testing of vehicles and charging equipment. WattEV is leading the deployment of rapid-charging MCS technology, which will allow heavy-duty electric truck operators to reduce their charging "dwell time" from a couple of hours to the same time it takes to fill a diesel truck with liquid fuel, allowing zero-emission (ZE) trucks to compete head-to-head with legacy diesel truck fueling times. "Reaching parity in refueling dwell time between ZE trucks and diesel trucks is critical to the successful transition of the truck transportation industry to zero emissions," said Salim Youssefzadeh, CEO of WattEV. "These CharIN Testival events are essential in getting the industry together to forge a uniform interoperability for all charging standards and for all types of electric vehicles," Youssefzadeh said. "We're delighted to share our charging facilities with our industry colleagues to test charger / vehicle interoperability in real-world conditions and help move this process along as quickly as possible," he said. Erika H. Myers, CharIN North America executive director, said international alignment on the MCS charging standard is nearing the finish line. Myers continued, " With the proliferation of new EV models and the introduction of two new charging standards – the North American Charging System (NACS) and MCS – there has never been a more important time for the industry to align and ensure EV drivers have an optimal charging experience. We want to thank WattEV for hosting these critical testing events." The 4-acre WattEV San Bernardino charging station is the most active of its five operating, publicly accessible, ZE truck charging depots in Southern California. Some 15 more public ZE truck charging depots are under development now in California alone, with plans for a nationwide network in development. WattEV is building electric truck stops along the Interstate 5, I-10 and I-15 corridors, all designed to enable long-haul trucking with MCS charging and many featuring solar arrays to supply grid-free, affordable power, and battery storage to ensure power is available when it's needed. WattEV, which also operates a zero-emission, HD truck transport company, has run more than a million zero-emission miles on its fleet of electric trucks. Its charging network of stations have enabled more than 20,000 charges. The company has been a member of CharIN since 2021 years and hosted a Testival event at its Port of Long Beach charging depot in 2023. Together, WattEV, CharIN and other industry players have been leading the national effort to develop a megawatt charging standard. To learn more about WattEV, please visit www.WattEV.com . About WattEV WattEV's mission is to accelerate the transition of U.S. trucking transport to zero-emissions. Through a combination of business and technology innovations, WattEV creates charging infrastructure and data-driven workflows, providing truckers and fleet operators with the lowest total cost of ownership. WattEV's goal is to place 12,000 heavy-duty electric trucks on California roads by 2030, exceeding existing forecasts. The company plans to have 100 charging stations in operation by 2035. About CharIN e.V. CharIN is an international association of vehicle manufacturers, energy providers and original equipment manufacturers with one common goal: To establish the Combined Charging System (CCS), the North American Charging System (NACS), and the Megawatt Charging System (MCS) as the global standard for charging all types of battery-powered electric vehicles. CharIN represents over 300 leading e-mobility stakeholders from the entire EV charging value chain. CharIN's goal is to ensure all forms of electric transportation operate seamlessly with available charging stations and services to create a superior driver experience that will promote further EV adoption. CharIN is open to all interested parties and has offices in Germany, Brussels, Singapore, South Korea, India, Japan, China, Dubai, Chile, Australia, New Zealand, and the US. Please find more information at www.charin.global WattEV Media Contact Michael Coates WattEV 408.399.9081 media@WattEV.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
BARCELONA, Spain (AP) — Celta Vigo gave 10-man Barcelona a shock by scoring two late goals and snatching a 2-2 draw at home in the Spanish league on Saturday. Barcelona was minutes away from a win to pad its league lead after Raphinha and Lewandowski had put Barcelona in control. But the game dramatically swung after Barcelona defensive midfielder Marc Casadó was sent off with a second booking in the 81st. Moments later Jules Koundé’s poor control of a ball in his area allowed Alfon González to pick his pocket and give the hosts hope in the 84th minute. Celta poured forward at Balaidos Stadium and Hugo Álvarez rifled in the 86th-minute equalizer with Barcelona unable to mark the extra man. AP soccer: https://apnews.com/hub/soccerAndy Murray to coach long-time rival Novak Djokovic at Australian OpenBUFFALO, N.Y. (AP) — Kino Lilly Jr.'s 21 points helped Brown defeat Canisius 83-76 on Saturday. Lilly shot 5 of 13 from the field, including 5 for 9 from 3-point range, and went 6 for 7 from the line for the Bears (3-3). Landon Lewis scored 17 points and added eight rebounds. Lyndel Erold shot 5 for 9 (3 for 6 from 3-point range) and 3 of 3 from the free-throw line to finish with 16 points. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a weekAmazon.com, Inc. (NASDAQ:AMZN) Shares Sold by U S Global Investors Inc.
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