Connect with us

Press Releases

SHAREHOLDER ALERT: WeissLaw LLP Investigates Gores Metropoulos Inc.

NEW YORK, Aug. 24, 2020 /PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Gores Metropoulos Inc. (“Gores Metropoulos” or the “Company”) (NASDAQ: GMHI) in connection with the proposed merger of the…

Avatar

Published

on

NEW YORK, Aug. 24, 2020 /PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Gores Metropoulos Inc. (“Gores Metropoulos” or the “Company”) (NASDAQ: GMHI) in connection with the proposed merger of the Company with privately-held autonomous vehicle and lidar technology company Luminar Technologies, Inc. (“Luminar”)  Under the terms of the proposed transaction, Gores Metropoulos will fold into Luminar and cease to exist, resulting in one publicly traded entity.  The combined company has an enterprise value of approximately $2.9 billion.  The surviving entity will assume the Luminar name and will trade on the Nasdaq under the new ticker symbol “LAZR.”

If you own Gores Metropoulos shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

http://www.weisslawllp.com/gores-metropoulos-inc/

Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY  10036
(212) 682-3025
(888) 593-4771
[email protected]

WeissLaw is investigating whether Gores Metropoulos’ board satisfied its fiduciary duties to its shareholders by conducting a fair and diligent process, whether the board was fully informed as to the valuation of Luminar, and whether all information regarding the process leading to the proposed transaction and valuation of the deal will be fully and fairly disclosed to the Company’s shareholders.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.  We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.  If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at [email protected]

SOURCE WeissLaw LLP

Related Links

http://weisslawllp.com

Source: https://www.prnewswire.com:443/news-releases/shareholder-alert-weisslaw-llp-investigates-gores-metropoulos-inc-301117388.html

Continue Reading

Press Releases

G20 Promotes the Circular Carbon Economy (CCE)

RIYADH, Saudi Arabia, Oct. 30, 2020 /PRNewswire/ — In their ministerial meeting on 27-28 September 2020, the G20 Energy Ministers have agreed on a communiqué where they endorsed the Circular Carbon Economy Platform as a tool to manage emissions and foster access to energy. G20 Energy…

Avatar

Published

on

RIYADH, Saudi Arabia, Oct. 30, 2020 /PRNewswire/ — In their ministerial meeting on 27-28 September 2020, the G20 Energy Ministers have agreed on a communiqué where they endorsed the Circular Carbon Economy Platform as a tool to manage emissions and foster access to energy. G20 Energy Ministers have acknowledged the Circular Carbon Economy (CCE) approach as a holistic, integrated, inclusive, and pragmatic approach to managing emissions that aims to provide new pathways towards economic growth.

Ministers stated that, “We acknowledge that the CCE approach is a holistic, integrated, inclusive, and pragmatic approach to managing emissions that can be applied reflecting country’s priorities and circumstances. By encompassing the broad range of pathways and options available it takes into account different national circumstances, while striving to meet our shared global aspirations…taking into account national and regional contexts, we will endeavor to explore various opportunities, including, the CCE Platform and existing G20 programs and initiatives, to advance transitions towards affordable and reliable energy for all.”

“Building upon previous comments made by the G20 Energy Ministers in past Presidencies, we endorse the Circular Carbon Economy (CCE) Platform and its ‘4Rs’ framework (Reduce, Reuse, Recycle and Remove) while acknowledging and recognizing the key importance of reducing greenhouse gas emissions,” declared the G20 Energy Ministers after their second meeting this year. Their first meeting was held exceptionally on 10 April 2020 as a response to the pandemic impact on the energy sector.

The CCE approach is built on the ‘4Rs’: Reduce, Reuse, Recycle, and Remove to advance stable and secure energy markets and energy access for all while holistically managing emissions and advance cleaner and more sustainable future. Moreover, reduction can be achieved by encouraging technological innovations like renewables, efficiency and nuclear. “Reuse” refers to converting emissions into value added materials to industries by utilizing and advancing Carbon Capture and Utilization (CCU), and Emissions to Value (E2V). “Recycle” means relying natural processes and decomposition, including the use of energy carries like hydrogen, methanol and ammonia representing the natural cycle and recycling. Lastly, “Remove” revolves around implementing natural and geological Carbon Capture and Storage, Direct Air Capture, and natural based solutions to remove emissions from industries and the atmosphere.

The G20 presented the CCE Platform that includes the CCE Approach, Guide, and the Accelerator. The CCE Guide provides a toolkit of opportunities recommended options to be utilized by G20 members and beyond, each according to their different national circumstances, needs, and priorities. King Abdullah Petroleum Studies and Research Center (KAPSARC) has led the CCE Guide efforts to address these challenges. CCE adoption can also be found in the private sector. For example, Saudi Aramco, the world largest Energy company, states on their website: “We are adopting and implementing energy efficient technologies and practices… energy efficiency is a key component in our strategy to increase the sustainability of our operations. Championing and practicing energy efficiency help us reduce emissions, improve the operational performance of our plants and facilities, and promote environmentally responsible communities.”

The CCE approach can help address crucial issues facing the world in achieving universal access to energy. It is in this spirit that the G20 is working to ensure energy access to all, especially vulnerable groups. Also, the G20 continue to support institutions with frameworks to employ the private sector and enable affordable reliable energy access. G20 members are to apply these systems taking into account system efficiency and national circumstances, including its specific resources endowment and its political, economic, environmental, social, and risk-informed development contexts.

Further information about the G20, including the Presidency Agenda and full program of events, can be found at www.g20.org.

SOURCE Saudi G20 Presidency

Related Links

https://g20.org

Source: https://www.prnewswire.com:443/news-releases/g20-promotes-the-circular-carbon-economy-cce-301163945.html

Continue Reading

Press Releases

Ducati Records Best Third Quarter Ever Despite Complex Global Situation

BOLOGNA, Italy, Oct. 30, 2020 /PRNewswire/ — Despite the complex global situation, Ducati, with 14,694 motorcycles sold, registers the best third quarter ever. In fact, September confirmed the recovery trend that began in June, with 4,468 motorcycles delivered to customers. Since June -…

Avatar

Published

on

2020 has been an extremely complex year due to the COVID-19 pandemic. Ducati, putting the safety of its employees first, immediately adopted all the necessary preventive measures (remote working and production stop of six weeks right at the peak of the season), reacting in a fast and flexible way to the changes imposed by the pandemic.

The Borgo Panigale motorcycle manufacturer has made the most of digital systems to continue serving its customers and fans (for example with the virtual presentation of the Streetfighter V4 and the Ducati Scrambler 1100 PRO). Since April, the company introduced a dedicated protocol – the Ducati Cares program – so that Ducatisti could return to visit their trusted Ducati dealers around the world in complete safety, as well as digitally interact to book an appointment or evaluate the purchase of a motorcycle remotely.

Remote working and digital events to protect security first. Themes that, with the progressive worsening of the situation, are taking up space again in Borgo Panigale. Ducati has decided the unveil of the 2021 Ducati Model Year will take place online, with a new format of episodes every Wednesday from November 4 to December 2.

“Although 2020 is a stormy year, the third quarter recorded the most positive performance ever,” says Claudio Domenicali, CEO of Ducati. “Now the situation is worsening again, unfortunately just when we are about to present to the world the new models for 2021, on which we have worked continuously despite the difficulties introduced by the pandemic. Once again we are forced to redefine working methods and processes in order to maintain a high level of attention to the safety of our employees, suppliers and operators. Digital presentations, use of smart working and video meetings, access into the company only when strictly necessary. All with the aim of serving Ducatisti all over the world in the safest possible way.”

Ducatisti today can count on a global sales network of about 730 dealers and service points in almost 90 countries, including the latest openings in Rio de Janeiro, Vienna, Wolfsburg and Antwerp. Ducati Motor Holding now has a total of 1,665 employees.

“All of us are required to make a continuous effort to reconcile work needs with the safety measures defined by the internal Task Force in relation to the correct behavior to adopt in the company and at Ducati dealerships,” added Claudio Domenicali. “For this reason I would like to thank all the employees, suppliers and dealers who, in such unpredictable times, continue to react quickly to market demands and to adapt in a timely and attentive way to the situation that evolves daily.”

SOURCE Ducati North America

Source: https://www.prnewswire.com:443/news-releases/ducati-records-best-third-quarter-ever-despite-complex-global-situation-301163944.html

Continue Reading

Press Releases

Populos: Como a hiperconvergência pode apoiar a gestão do rápido crescimento de dados com o mundo ainda mais digital?

SÃO PAULO, 30 de outubro de 2020 /PRNewswire/ — Com um mundo cada vez mais digital precisamos de uma gestão mais prática. Com a crise da pandemia do coronavírus, empresas tiveram que acelerar muito o processo de Transformação Digital para ficarem mais ágeis, mais organizadas, mais…

Avatar

Published

on

SÃO PAULO, 30 de outubro de 2020 /PRNewswire/ — Com um mundo cada vez mais digital precisamos de uma gestão mais prática. Com a crise da pandemia do coronavírus, empresas tiveram que acelerar muito o processo de Transformação Digital para ficarem mais ágeis, mais organizadas, mais sólidas e, principalmente, mais baratas. Mas como uma organização cobre os custos de modernização e gerenciamento de um data center com eficiência?

A hiperconvergência é o modelo de TI mais avançado do mercado, e trouxe uma redução de custos, tempo e espaço muito grande, possibilitando fôlego para investimentos em inovação e potencialização da gestão. Ela permite backups e processos mais rápidos e uma melhor orquestração, tudo isso com redução do consumo de energia e de até 50% do espaço físico utilizado no data center.

Este tipo de infraestrutura aprimora segurança, desempenho, rede e automação em multicloud que, de acordo com o Gartner, em 2021, 90% das organizações terão implantado um modelo de nuvem híbrida ou multicloud para suas necessidades de TI. As empresas buscam cada vez mais escalabilidade e flexibilidade de sua arquitetura de tecnologia para aumentar sua capacidade, reduzir incidentes e oferecer um ambiente de alta disponibilidade que melhore o desempenho de todos os seus funcionários.

Com o crescimento do volume de dados e dispositivos conectados, soluções de hiperconvergência ajudam a  resolver o problema de controlar uma ou mais operações em nuvem para a empresa, cumprindo ao mesmo tempo as normas de compliance, evitando que a equipe cometa erros de configuração e estruturando recursos de segurança apoiados por backup e estratégias de DR (recuperação de desastres).

Investimentos serão cada vez mais necessários para otimizar processos e devem refletir diretamente na melhoria dos serviços prestados e na experiência do usuário. Mais do que nunca precisamos simplificar.

Por Paulo Asano

CEO da Populos

Informações para a Imprensa:
Lucas Oliveira – [email protected] 
Adriana Athayde[email protected] 

Capital Informação – Comunicação Corporativa
www.capitalinformacao.com.br

FONTE Populos

SOURCE Populos

Source: https://www.prnewswire.com:443/news-releases/populos-como-a-hiperconvergencia-pode-apoiar-a-gestao-do-rapido-crescimento-de-dados-com-o-mundo-ainda-mais-digital–878873973.html

Continue Reading
Blockchain3 hours ago

Blockchain3 hours ago

Blockchain3 hours ago

Blockchain3 hours ago

Blockchain3 hours ago

Blockchain3 hours ago

Blockchain3 hours ago

Blockchain3 hours ago

Blockchain3 hours ago

Blockchain3 hours ago

Venture Capital3 hours ago

Venture Capital3 hours ago

Venture Capital3 hours ago

Venture Capital3 hours ago

Venture Capital3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Blockchain3 hours ago

Swipe’s (SXP) Decline Might Be Coming to an End

Blockchain3 hours ago

Ripple pays MoneyGram $41 million in ‘Market Development Fees’

Press Releases3 hours ago

G20 Promotes the Circular Carbon Economy (CCE)

Press Releases3 hours ago

Ducati Records Best Third Quarter Ever Despite Complex Global Situation

Press Releases4 hours ago

Populos: Como a hiperconvergência pode apoiar a gestão do rápido crescimento de dados com o mundo ainda mais digital?

Press Releases4 hours ago

Donald Trump Leads with African Youth – Scores Significantly over Xi Jinping, Survey Finds

Press Releases4 hours ago

Fagerhult signs an agreement to divest Lighting Innovations Africa (Pty) Ltd to Cape Mountain Concepts (Pty) Ltd

Press Releases4 hours ago

Arizona Technology Council Elects Keap and Vonage Industry Leaders to its Board of Directors

Private Equity4 hours ago

Venture Capital: AgTech Startup Benson Hill Lands $150M

Blockchain4 hours ago

Binance Token Canal issues Wrapped BTokens on Ethereum

Blockchain4 hours ago

Bitcoin To Celebrate 12-Year Whitepaper Anniversary With Monthly Close Above $12K

Press Releases4 hours ago

The Film Detective Presents – Noirvember

Press Releases4 hours ago

UXReactor is the 52nd Fastest-Growing Private Company in the San Francisco Bay Area

Blockchain4 hours ago

How to Dollar Cost Average with Bitcoin (+ Flowchart)

Press Releases4 hours ago

4tiitoo Launches NUIA Full Focus – a Smart Software for Natural Eye Contact in Video Calls

Trending