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LONDON, ENGLAND - DECEMBER 03: Cate Blanchett attends the World Premiere of "The Lord Of The Rings: The War Of The Rohirrim" at Odeon Luxe Leicester Square on December 3, 2024 in London, England. (Photo by Jed Cullen/Dave Benett/WireImage) (Jed Cullen/Dave Benett/WireImage) Welcome to Fox News’ Artificial Intelligence newsletter with the latest AI technology advancements. IN TODAY’S NEWSLETTER: - Cate Blanchett worries AI could ‘totally replace anyone’ - ChatGPT CEO talks Elon Musk feud, criticizes Biden admin AI regulation - 10 things you should never tell an AI chatbot 'DEEPLY CONCERNED': Cate Blanchett is one of the many actors expressing fears about artificial intelligence. In a recent interview with the BBC, the Oscar winner said the technology "deeply concerned" her. Cate Blanchett. (Rocco Spaziani/Archivio Spaziani/Mondadori Portfolio via Getty Images) ALTMAN OPENS UP: OpenAI CEO and co-founder Sam Altman opened up about Elon Musk's feud with him and his view of how regulations related to artificial intelligence development should be framed. Sam Altman, chief executive officer of OpenAI, during a panel session on day three of the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. (Stefan Wermuth/Bloomberg via Getty Images / Getty Images) CHATBOT SAFETY: This is a heartbreaking story out of Florida . Megan Garcia thought her 14-year-old son was spending all his time playing video games. She had no idea he was having abusive, in-depth and sexual conversations with a chatbot powered by the app Character AI. SPLIT STRATEGY: A recent survey found that investors and CEOs are viewing artificial intelligence (AI) investments differently. Nearly 80% of investors expect AI projects to generate a positive return on investment within the first year, while 41% CEOs of large-cap companies are willing to let AI initiatives mature over the course of one to two years before they expect positive results. TECH REVOLUTION: Congress's bipartisan task force on artificial intelligence recently released its long-anticipated report, detailing strategies for how the U.S. can protect itself against emerging AI-related threats while ensuring the nation remains a leader in innovation within this rapidly evolving sector. Congress released a long-awaited AI report recently. (iStock) Subscribe now to get the Fox News Artificial Intelligence Newsletter in your inbox . FOLLOW FOX NEWS ON SOCIAL MEDIA Facebook Instagram YouTube Twitter LinkedIn SIGN UP FOR OUR OTHER NEWSLETTERS Fox News First Fox News Opinion Fox News Lifestyle Fox News Health DOWNLOAD OUR APPS Fox News Fox Business Fox Weather Fox Sports Tubi WATCH FOX NEWS ONLINE Fox News Go STREAM FOX NATION Fox Nation Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future with Fox News here . This article was written by Fox News staff.
NoneAP Business SummaryBrief at 2:22 p.m. EST
Kewaunee Scientific Co. (NASDAQ:KEQU) CEO Thomas David Hull III Sells 2,000 SharesOVIEDO, Spain One man died on Sunday and another was injured while inspecting a school damaged by recent catastrophic flooding in Valencia. Nearly a month ago, record-breaking rains in the area caused extreme flash flooding and killed at least 229 people, according to the latest government figures. The rivers that ripped through the streets of several towns also caused billions of dollars worth of damage to buildings, infrastructure and businesses. Many parts of the affected area are still damaged and covered in mud. The school in the town of Massanassa was one of the thousands of badly damaged buildings. As two workers were inspecting the school, which has been shut down since the deadly disaster, part of the roof collapsed, killing a 51-year-old man and injuring a 35-year-old. “I would like to thank and acknowledge the work of all those who are tirelessly engaged in the recovery efforts,” Spanish Prime Minister Pedro Sanchez posted on X, sending his condolences to the victim’s loved ones. “This type of accident cannot happen again,” Valencian President Carlos Mazon wrote on X. Sunday’s victims were working for a public company in the region’s gargantuan cleanup efforts. Besides local workers, firefighters and volunteers, nearly 8,500 military officers and 9,750 national police officers have been deployed to help restore normalcy to the devastated area. Nearly one month after the floods, at least 16,000 children affected by the floods have not returned to school, according to El Pais daily. Similarly, only 365 social housing units are available in the area despite 2,147 homes having been rendered uninhabitable. El Pais said although the situation in flood-struck areas has improved in recent weeks, the lives of residents, basic services and business activity are still far from normal. So far, the Spanish government has announced €14.4 billion ($15 billion) in financial aid to help affected households and businesses. The premier has called this the worst natural disaster in the country's modern history. Meanwhile, five people remain missing, and search efforts continue to locate their bodies.
Video: Car plunges into lake in Bhuvanagiri in Telangana, two rescuedChildren of the wealthy and connected get special admissions consideration at some elite U.S. universities, according to new filings in a class-action lawsuit originally brought against 17 schools. Georgetown’s then-president, for example, listed a prospective student on his “president’s list” after meeting her and her wealthy father at an Idaho conference known as “summer camp for billionaires,” according to Tuesday court filings in the price-fixing lawsuit filed in Chicago federal court in 2022. Although it’s always been assumed that such favoritism exists, the filings offer a rare peek at the often secret deliberations of university heads and admissions officials. They show how schools admit otherwise unqualified wealthy children because their parents have connections and could possibly donate large sums down the line, raising questions about fairness. Stuart Schmill, the dean of admissions at the Massachusetts Institute of Technology, wrote in a 2018 email that the university admitted four out of six applicants recommended by then-board chairman Robert Millard, including two who “we would really not have otherwise admitted.” The two others were not admitted because they were “not in the ball park, or the push from him was not as strong.” In the email, Schmill said Millard was careful to play down his influence on admissions decisions, but he said the chair also sent notes on all six students and later met with Schmill to share insight “into who he thought was more of a priority.” The filings are the latest salvo in a lawsuit that claims that 17 of the nation’s most prestigious colleges colluded to reduce the competition for prospective students and drive down the amount of financial aid they would offer, all while giving special preference to the children of wealthy donors. “That illegal collusion resulted in the defendants providing far less aid to students than would have been provided in a free market,” said Robert Gilbert, an attorney for the plaintiffs. Since the lawsuit was filed, 10 of the schools have reached settlements to pay out a total of $284 million, including payments of up to $2,000 to current or former students whose financial aid might have been shortchanged over a period of more than two decades. They are Brown, the University of Chicago, Columbia, Dartmouth, Duke, Emory, Northwestern, Rice, Vanderbilt and Yale. Johns Hopkins is working on a settlement and the six schools still fighting the lawsuit are the California Institute of Technology, Cornell, Georgetown, MIT, Notre Dame and the University of Pennsylvania. MIT called the lawsuit and the claims about admissions favoritism baseless. “MIT has no history of wealth favoritism in its admissions; quite the opposite,” university spokesperson Kimberly Allen said. “After years of discovery in which millions of documents were produced that provide an overwhelming record of independence in our admissions process, plaintiffs could cite just a single instance in which the recommendation of a board member helped sway the decisions for two undergraduate applicants." In a statement, Penn also said the case is meritless that the evidence shows that it doesn't favor students whose families have donated or pledged money to the Ivy League school. “Plaintiffs’ whole case is an attempt to embarrass the University about its purported admission practices on issues totally unrelated to this case," the school said. Notre Dame officials also called the case baseless. “We are confident that every student admitted to Notre Dame is fully qualified and ready to succeed,” a university spokesperson said in a statement. The South Bend, Indiana, school, though, did apparently admit wealthy students with subpar academic backgrounds. According to the new court filings, Don Bishop, who was then associate vice president for enrollment at Notre Dame, bluntly wrote about the “special interest” admits in a 2012 email, saying that year's crop had poorer academic records than the previous year's. The 2012 group included 38 applicants who were given a “very low” academic rating, Bishop wrote. He said those students represented “massive allowances to the power of the family connections and funding history,” adding that “we allowed their high gifting or potential gifting to influence our choices more this year than last year.” The final line of his email: “Sure hope the wealthy next year raise a few more smart kids!” Some of the examples pointed to in this week's court filings showed that just being able to pay full tuition would give students an advantage. During a deposition, a former Vanderbilt admissions director said that in some cases, a student would get an edge on the waitlist if they didn’t need financial aid. The 17 schools were part of a decades-old group that got permission from Congress to come up with a shared approach to awarding financial aid. Such an arrangement might otherwise violate antitrust laws, but Congress allowed it as long as the colleges all had need-blind admissions policies, meaning they wouldn't consider a student’s financial situation when deciding who gets in. The lawsuit argues that many colleges claimed to be need-blind but routinely favored the children of alumni and donors. In doing so, the suit says, the colleges violated the Congressional exemption and tainted the entire organization. The group dissolved in recent years when the provision allowing the collaboration expired.
“Gladiator II” asks the question: Are you not moderately entertained for roughly 60% of this sequel? Truly, this is a movie dependent on managed expectations and a forgiving attitude toward its tendency to overserve. More of a thrash-and-burn schlock epic than the comparatively restrained 2000 “Gladiator,” also directed by Ridley Scott, the new one recycles a fair bit of the old one’s narrative cries for freedom while tossing in some digital sharks for the flooded Colosseum and a bout of deadly sea-battle theatrics. They really did flood the Colosseum in those days, though no historical evidence suggests shark deployment, real or digital. On the other hand (checks notes), “Gladiator II” is fiction. Screenwriter David Scarpa picks things up 16 years after “Gladiator,” which gave us the noble death of the noble warrior Maximus, shortly after slaying the ignoble emperor and returning Rome to the control of the Senate. Our new hero, Lucius (Paul Mescal), has fled Rome for Numidia, on the North African coast. The time is 200 A.D., and for the corrupt, party-time twins running the empire (Joseph Quinn and Fred Hechinger), that means invasion time. Pedro Pascal takes the role of Acacius, the deeply conflicted general, sick of war and tired of taking orders from a pair of depraved ferrets. The new film winds around the old one this way: Acacius is married to Lucilla (Connie Nielsen, in a welcome return), daughter of the now-deceased emperor Aurelius and the love of the late Maximus’s life. Enslaved and dragged to Rome to gladiate, the widower Lucius vows revenge on the general whose armies killed his wife. But there are things this angry young phenom must learn, about his ancestry and his destiny. It’s the movie’s worst-kept secret, but there’s a reason he keeps seeing footage of Russell Crowe from the first movie in his fever dreams. Battle follows battle, on the field, in the arena, in the nearest river, wherever, and usually with endless splurches of computer-generated blood. “Gladiator II” essentially bumper-cars its way through the mayhem, pausing for long periods of expository scheming about overthrowing the current regime. The prince of all fixers, a wily operative with interests in both managing gladiators and stocking munitions, goes by the name Macrinus. He’s played by Denzel Washington, who at one point makes a full meal out of pronouncing the word “politics” like it’s a poisoned fig. Also, if you want a masterclass in letting your robes do a lot of your acting for you, watch what Washington does here. He’s more fun than the movie but you can’t have everything. The movie tries everything, all right, and twice. Ridley Scott marshals the chaotic action sequences well enough, though he’s undercut by frenetic cutting rhythms, with that now-familiar, slightly sped-up visual acceleration in frequent use. (Claire Simpson and Sam Restivo are the editors.) Mescal acquits himself well in his first big-budget commercial walloper of an assignment, confined though he is to a narrower range of seething resentments than Crowe’s in the first film. I left thinking about two things: the word “politics” as savored/spit out by Washington, and the innate paradox of how Scott, whose best work over the decades has been wonderful, delivers spectacle. The director and his lavishly talented design team built all the rough-hewn sets with actual tangible materials the massive budget allowed. They took care to find the right locations in Morocco and Malta. Yet when combined in post-production with scads of medium-grade digital effects work in crowd scenes and the like, never mind the sharks, the movie’s a somewhat frustrating amalgam. With an uneven script on top of it, the visual texture of “Gladiator II” grows increasingly less enveloping and atmospherically persuasive, not more. But I hung there, for some of the acting, for some of the callbacks, and for the many individual moments, or single shots, that could only have come from Ridley Scott. And in the end, yes, you too may be moderately entertained. “Gladiator II” — 2.5 stars (out of 4) MPA rating: R (for strong bloody violence) Running time: 2:28 How to watch: Premieres in theaters Nov. 21. Michael Phillips is a Tribune critic.I thought about whether to pen this article on the anniversary of the brutal massacre of 150 children and teachers at the army public school in Peshawar 10 years ago on this day. There is constant pain in Pakistan and everyday one thanks the Almighty we have survived another sunup and hope for a hopeful next day. Is this the life envisaged by the Creator for his flock? Or is this the life we have allowed to fester out of control. Taking stock 10 years after an event which shook the soul of Pakistan on that fateful morning in Peshawar, on 16 December 2014, what have we learned and changed since? The details of every minute of that day are etched in our DNA. Madmen took hostage the students of a school nestled in the security of a cantonment, surrounded by the most ‘secure’ apparatus ‘safeguarding’ all that is privileged and dear. What we witnessed was what happens when humans are dehumanized and radicalized by deprivation and provided all the tools to display the outcomes – over generations. All those families who lost so much that day cannot be consoled or provided an adequate explanation of how was that possible, inside a cantonment area. But they are fully aware, as is the rest of the nation, why it was possible. The mindset which believes this kind of violence is possible still roams without impunity Today 10 years later, the same government and regime has chosen to shut down all the schools across the nation, to commemorate the darkest day in our living memory. The government ‘notification’ did not explain to the schools as to why they were to remain closed, and also sent the notification the evening before Monday the 16th of December. In the middle of exams, all schools had to shut down. When the children and young adults ask “Why?”, what should we tell them? Will they ask? Will they know the answer without being told? In this silence we continue. In the 10 years since 150 children and their teachers were butchered by terrorists who came and went without a single obstacle, the government’s response has been no justice for the families of the victims and absolutely no actions to ensure that it does not repeat itself. Pakistan's 'Cargo Cult' Democracy Is The Problem, Not The Solution The closing down of schools is not only an inappropriate gesture but also indicates even more emphatically how little has changed; there is a danger it can happen again. The mindset which believes this kind of violence is possible still roams without impunity. Today the madrassas remain unregistered unregulated and tools of the permanent problem. Where in the world is it acceptable to so limit the public discourse around regulating those accused of child abuse, radicalization of minds and souls, legitimizing millions poor abandoned children to the fate of further isolation from a hopeful future? The argument that Pakistan will once again become a target of FATF is a deterrent or a motivational factor to attempt to register these unregulated training educational fora. Sadly, it is because we would like to see Pakistani citizens irrespective of social economic conditions access basic, healthy, sane education opportunities, where children are safe from unregulated predators and radicalizing generations on the pretext of peddlers of faith. What have we done since 16 December 2014? What steps have we taken to ensure that this kind of violence is never seen again? We saw the ‘release’ of TTP’s Ehsanullah Ehsan, responsible for the APS massacre in a bizarre unbelievable escape from prison. Was he an asset of the state? What has changed since 2014 to make Pakistanis believe we have learned any lesson from that tragedy? All I feel is a sinking feeling, rather than seeing schools staying open, so as to open the minds, hearts and souls of the future of Pakistan. All I see is that schools remain closed to mark the day when a school was made a site of butchery.
ARLINGTON, Va., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. FLNC ("Fluence" or the "Company"), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced the completion of the previously announced offering of $400.0 million aggregate principal amount of 2.25% convertible senior notes due 2030 (the "Notes"). Fluence also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $50.0 million aggregate principal amount of the Notes. The Notes issued on December 12, 2024 include $50.0 million principal amount of Notes issued pursuant to the full exercise by the initial purchasers of their option to purchase additional Notes. The Notes will be senior, unsecured obligations of Fluence, will accrue interest payable semi-annually in arrears and will mature on June 15, 2030, unless earlier repurchased, redeemed or converted. On December 10, 2024, in connection with the pricing of the Notes, the Company entered into privately negotiated capped call transactions (the "base capped call transactions") with one or more of the initial purchasers and/or their respective affiliates and/or other financial institutions (the "counterparties"). In addition, on December 11, 2024, in connection with the initial purchasers' exercise of their option to purchase additional Notes, the Company entered into additional capped call transactions (the "additional capped call transactions" and, together with the base capped call transactions, (the "capped call transactions") with the counterparties. The capped call transactions cover, subject to customary adjustments, the number of shares of the Company's Class A common stock that will initially underlie the Notes. The cap price of the capped call transactions represents a premium over the last reported sale price of the Company's Class A common stock on the pricing date of the offering of the Notes. The capped call transactions are generally expected to offset the potential dilution to the Class A common stock and/or offset any cash payments the Company is required to make in excess of the principal amount of converted Notes, with such offset subject to a cap, as the case may be, as a result of any conversion of the Notes. In connection with establishing their initial hedge of these capped call transactions, the Company has been advised that the counterparties (i) may enter into various over-the-counter cash-settled derivative transactions with respect to the Class A common stock and/or purchase the Class A common stock in secondary market transactions concurrently with, or shortly after, the pricing of the Notes; and (ii) may enter into or unwind various over-the-counter derivatives and/or purchase the Class A common stock in secondary market transactions following the pricing of the Notes. These activities could have the effect of increasing or preventing a decline in the price of the Class A common stock concurrently with or following the pricing of the Notes and under certain circumstances, could affect the ability to convert the Notes. In addition, we expect that the counterparties may modify or unwind their hedge positions by entering into or unwinding various derivative transactions and/or purchasing or selling the Class A common stock or other securities of the Company in secondary market transactions following the pricing of the Notes and prior to maturity of the Notes (and are likely to do so (x) during any observation period related to a conversion of the Notes or following any redemption or fundamental change repurchase of the Notes, (y) following any other repurchase of the Notes if the Company unwinds a corresponding portion of the capped call transactions in connection with such repurchase and (z) if the Company otherwise unwinds all or a portion of the capped call transactions). The effect, if any, of these transactions and activities on the market price of the Class A common stock or the Notes will depend in part on market conditions and cannot be ascertained at this time, but any of these activities could adversely affect the value of the Class A common stock and the value of the Notes, and potentially the value of the consideration that a noteholder will receive upon the conversion of the Notes and could affect a noteholder's ability to convert the Notes. Fluence used a portion of the net proceeds from the offering to fund the cost of entering into the capped call transactions. Fluence intends to transfer the remaining net proceeds of the offering directly to purchase an intercompany subordinated convertible promissory note issued by Fluence Energy, LLC, the proceeds of which Fluence Energy, LLC intends to use for working capital needs, upgrading one of its battery cell production lines from 305 amp hour cells to 530 amp hour cells, and general corporate purposes. The offer and sale of the Notes and any shares of Class A common stock issuable upon conversion of the Notes have not been, and will not, be registered under the Securities Act or any other securities laws, and the Notes and any such shares cannot be offered or sold except to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration provided by Rule 144A under the Securities Act. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, the Notes or any shares of Class A common stock issuable upon conversion of the Notes, nor shall there be any sale of the Notes or any such shares, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers of the Notes will be made only by means of a private offering memorandum. About Fluence: Fluence Energy, Inc. FLNC is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. The Company's solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed and under management across nearly 50 markets, the Company is transforming the way we power our world for a more sustainable future. Cautionary Note Regarding Forward-Looking Statements The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In particular, statements regarding the consummation of the offering of the Notes, the consummation of the capped calls transactions, our future results of operations and financial position, operational performance, anticipated growth and business strategy, future revenue recognition and estimated revenues, future capital expenditures and debt service obligations, projected costs, prospects, plans, and objectives of management for future operations, including, among others, statements regarding expected growth and demand for our energy storage solutions, services, and digital application offerings, relationships with new and existing customers and suppliers, introduction of new energy storage solutions, services, and digital application offerings and adoption of such offerings by customers, assumptions relating to the Company's tax receivable agreement, expectations relating to backlog, pipeline, and contracted backlog, current expectations relating to legal proceedings, and anticipated impact and benefits from the Inflation Reduction Act of 2022 and related domestic content guidelines on us and our customers as well as any other proposed or recently enacted legislation, are forward-looking statements. In some cases, you may identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "seeks," "intends," "targets," "projects," "contemplates," "grows," "believes," "estimates," "predicts," "potential", "commits", or "continue" or the negative of these terms or other similar expressions. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, and uncertainties that are difficult to predict. Among those risks and uncertainties are market conditions and the consummation of the offering of the Notes and the consummation of the capped calls transactions. Although we believe that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. These forward-looking statements are subject to a number of important factors that could cause actual results to differ materially from those in the forward-looking statements, including, but not limited to, our relatively limited operating and revenue history as an independent entity and the nascent clean energy industry; anticipated increasing expenses in the future and our ability to maintain prolonged profitability; fluctuations of our order intake and results of operations across fiscal periods; potential difficulties in maintaining manufacturing capacity and establishing expected mass manufacturing capacity in the future; risks relating to delays, disruptions, and quality control problems in our manufacturing operations; risks relating to quality and quantity of components provided by suppliers; risks relating to our status as a relatively low-volume purchaser as well as from supplier concentration and limited supplier capacity; risks relating to operating as a global company with a global supply chain; changes in the cost and availability of raw materials and underlying components; failure by manufacturers, vendors, and suppliers to use ethical business practices and comply with applicable laws and regulations; significant reduction in pricing or order volume or loss of one or more of our significant customers or their inability to perform under their contracts; risks relating to competition for our offerings and our ability to attract new customers and retain existing customers; ability to maintain and enhance our reputation and brand recognition; ability to effectively manage our recent and future growth and expansion of our business and operations; our growth depends in part on the success of our relationships with third parties; ability to attract and retain highly qualified personnel; risks associated with engineering and construction, utility interconnection, commissioning and installation of our energy storage solutions and products, cost overruns, and delays; risks relating to lengthy sales and installation cycle for our energy storage solutions; risks related to defects, errors, vulnerabilities and/or bugs in our products and technology; risks relating to estimation uncertainty related to our product warranties; fluctuations in currency exchange rates; risks related to our current and planned foreign operations; amounts included in our pipeline and contracted backlog may not result in actual revenue or translate into profits; risks related to acquisitions we have made or that we may pursue; events and incidents relating to storage, delivery, installation, operation, maintenance and shutdowns of our products; risks relating to our impacts to our customer relationships due to events and incidents during the project lifecycle of an energy storage solution; actual or threatened health epidemics, pandemics or similar public health threats; ability to obtain financial assurances for our projects; risks relating to whether renewable energy technologies are suitable for widespread adoption or if sufficient demand for our offerings do not develop or takes longer to develop than we anticipate; estimates on size of our total addressable market; barriers arising from current electric utility industry policies and regulations and any subsequent changes; risks relating to the cost of electricity available from alternative sources; macroeconomic uncertainty and market conditions; risk relating to interest rates or a reduction in the availability of tax equity or project debt capital in the global financial markets and corresponding effects on customers' ability to finance energy storage systems and demand for our energy storage solutions; reduction, elimination, or expiration of government incentives or regulations regarding renewable energy; decline in public acceptance of renewable energy, or delay, prevent, or increase in the cost of customer projects; severe weather events; increased attention to ESG matters; restrictions set forth in our current credit agreement and future debt agreements; uncertain ability to raise additional capital to execute on business opportunities; ability to obtain, maintain and enforce proper protection for our intellectual property, including our technology; threat of lawsuits by third parties alleging intellectual property violations; adequate protection for our trademarks and trade names; ability to enforce our intellectual property rights; risks relating to our patent portfolio; ability to effectively protect data integrity of our technology infrastructure and other business systems; use of open-source software; failure to comply with third party license or technology agreements; inability to license rights to use technologies on reasonable terms; risks relating to compromises, interruptions, or shutdowns of our systems; changes in the global trade environment; potential changes in tax laws or regulations; risks relating to environmental, health, and safety laws and potential obligations, liabilities and costs thereunder; failure to comply with data privacy and data security laws, regulations and industry standards; risks relating to potential future legal proceedings, regulatory disputes, and governmental inquiries; risks related to ownership of our Class A common stock; risks related to us being a "controlled company" within the meaning of the NASDAQ rules; risks relating to the terms of our amended and restated certificate of incorporation and amended and restated bylaws; risks relating to our relationship with our Founders and Continuing Equity Owners; risks relating to conflicts of interest by our officers and directors due to positions with Continuing Equity Owners; risks related to short-seller activists; we depend on distributions from Fluence Energy, LLC to pay our taxes and expenses and Fluence Energy, LLC's ability to make such distributions may be limited or restricted in certain scenarios; risks arising out of the Tax Receivable Agreement; unanticipated changes in effective tax rates or adverse outcomes resulting from examination of tax returns; risks relating to improper and ineffective internal control over reporting to comply with Sarbanes-Oxley Act; risks relating to changes in accounting principles or their applicability to us; risks relating to estimates or judgments relating to our critical accounting policies; and the factors described under the headings Part I, Item 1A. "Risk Factors" and Item 7. "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024. If one or more events related to these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may differ materially from what we anticipate. Many of the important factors that will determine these results are beyond our ability to control or predict. Accordingly, you should not place undue reliance on any such forward-looking statements. We qualify all forward-looking statements contained in this press release by these cautionary statements. Any forward-looking statement speaks only as of the date on which it is made, and, except as otherwise required by law, we do not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. New factors emerge from time to time, and it is not possible for us to predict which will arise. In addition, we cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Contacts: Analyst Lexington May, Vice President, Finance & Investor Relations +1 713-909-5629 Email: InvestorRelations@fluenceenergy.com Media Email: media.na@fluenceenergy.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The Packers dominated the first half, but they lead only 17-7 at halftime. San Francisco scored on an 11-play, 65-yard drive on their third possession of the game. Tight end George Kittle caught a 3-yard touchdown pass from backup quarterback Brandon Allen with 1:02 remaining in the half. Allen, starting in place of the injury Brock Purdy, went 10-of-13 for 94 yards and a touchdown. The 49ers had only 18 plays, including a kneel down, and 95 yards. 49ers running back Christian McCaffrey saw only three rushing attempts for 4 yards and two receptions for 14 yards. The 49ers likely try to get him more involved in the second half. Kittle caught four passes for 30 yards and the touchdown. The Packers have 218 yards and should have a bigger lead. With 30 seconds left, Christian Watson dropped what should have been a 49-yard touchdown. The Packers ended up punting, the only possession they didn’t score on in the first half. The Packers had scoring drives of 67, 49 and 71 on their first three possessions. Packers tight end Tucker Kraft caught an 11-yard touchdown pass from Jordan Love, and Josh Jacobs ran for a 1-yard score. Brandon McManus kicked a 51-yard field goal. Jacobs has 19 carries for 91 yards, and Love is 8-of-15 for 93 yards. Romeo Doubs has three catches for 54 yards.
