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SAN FRANCISCO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. SERV , a leading embodied AI and automation company, today announced the appointment of Lily Sarafan to its Board of Directors (the "Board"). Sarafan is an accomplished leader with nearly 20 years of experience in entrepreneurship, executive leadership and board governance. She is co-founder and former chief executive of TheKey, one of the largest and most trusted in-home care provider networks, where she serves as executive chair. Sarafan currently serves on the boards of Instacart, Thumbtack and Kyo as well as on the board of trustees of Stanford University. She has been recognized as an EY Entrepreneur of the Year, a Fortune 40 Under 40, Women Health Care Executives' Woman of the Year, and a Henry Crown Fellow of the Aspen Institute. Sarafan holds an M.S. in Management Science and Engineering and a B.S. in Science, Technology, and Society from Stanford University. "We look forward to welcoming Lily as an independent member of the Board. Her extensive leadership experience, particularly in home services and on-demand delivery, will be invaluable as Serve continues to expand our market presence and shape the future of delivery and automation," said Ali Kashani, Chairman of Serve's Board . About Serve Robotics Serve Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots that endeavor to make delivery sustainable and economical. Spun off from Uber in 2021 as an independent company, Serve has completed tens of thousands of deliveries for enterprise partners such as Uber Eats and 7-Eleven. Serve has scalable multi-year contracts, including a signed agreement to deploy up to 2,000 delivery robots on the Uber Eats platform across multiple U.S. markets. For further information about Serve Robotics SERV , please visit www.serverobotics.com or follow us on social media via X (Twitter) , Instagram , or LinkedIn @serverobotics. Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Serve intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Exchange Act. These forward-looking statements can be about future events, including statements regarding Serve's intentions, objectives, plans, expectations, assumptions and beliefs about future events, including Serve's expectations with respect to the financial and operating performance of its business, its capital position, and future growth. The words "anticipate", "believe", "expect", "project", "predict", "will", "forecast", "estimate", "likely", "intend", "outlook", "should", "could", "may", "target", "plan" and other similar expressions can generally be used to identify forward-looking statements. Indications of, and guidance or outlook on, future earnings or financial position or performance are also forward-looking statements. Any forward-looking statements in this press release are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. Risks that contribute to the uncertain nature of the forward-looking statements include those risks and uncertainties set forth in Serve's Annual Report on Form 10-K for the year ended December 31, 2023, filed with the United States Securities and Exchange Commission (the "SEC") and in its subsequent filings filed with the SEC. All forward-looking statements contained in this press release speak only as of the date on which they were made. Serve undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. Contacts Media Aduke Thelwell, Head of Communications & Investor Relations Serve Robotics press@serverobotics.com Investor Relations investor.relations@serverobotics.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bdd098f8-8c80-462f-bc1b-c1f2095ed307 © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
SATURDAY'S BOWL GAMES
Bills' letdowns on defense, special teams and clock management in loss to Rams are all too familiar ORCHARD PARK, N.Y. John Wawrow, The Associated Press Dec 9, 2024 2:30 PM Dec 9, 2024 2:35 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Buffalo Bills head coach Sean McDermott reacts during the second half of an NFL football game against the Los Angeles Rams, Sunday, Dec. 8, 2024, in Inglewood, Calif. (AP Photo/Gregory Bull) ORCHARD PARK, N.Y. (AP) — There’s plenty of concern and second-guessing to unpack from how the Bills unraveled on defense, special teams and clock management in their loss to the Los Angeles Rams to wonder whether it was premature labeling Buffalo as Super Bowl contenders only a week earlier. But first, the good news. There’s very little wrong with Buffalo’s Josh Allen-led offense after the quarterback strengthened his NFL MVP case. A week after a four-TD performance that included the statistical anomaly of him scoring two touchdowns on the same play in a 35-10 win over San Francisco, Allen became the NFL’s first player to throw and rush for three scores apiece in 44-42 loss to Los Angeles on Sunday . That Allen's latest superhuman-like effort ended in defeat is what’s troubling for the five-time defending AFC East champions (10-3) in their bid to dispel questions of finding ways to fall short in the playoffs in each of the past five years. Buffalo’s defense had few answers in stopping the Rams’ dynamic attack while allowing a season-high 457 yards. Worse still, the Bills allowed Los Angeles to go 11 of 15 on third down for a 73.3 conversion percentage — the third highest allowed by Buffalo and worst since allowing Miami's 75% conversion rate in 1986. If that’s not bad enough, the Bills lost for the first time in 39 games in which they scored at least 42 points, while becoming the NFL’s second team to lose when scoring 42 or more and not committing a turnover. Special teams didn’t help. Aside from allowing a blocked punt to be returned for a touchdown, the Bills couldn’t muster an attempt to block the Rams’ final punt from midfield with 7 seconds left because they only had nine players on the field. As coach Sean McDermott concluded after finally addressing reporters more than an hour after the game ended: “I thought we lost two of the three phases today.” He failed to mention yet another clock management misstep. Rather than have Allen spike the ball to stop the clock after a failed quarterback keeper from the Rams 1 with 62 seconds remaining, McDermott called timeout. That left Buffalo with two timeouts and essentially relying on the slim chances of recovering an onside kick after Allen scored on his next attempt. McDermott defended his decision by saying he feared too much time would elapse before the Bills aligned for another snap. And yet, it would not have matched the 45 seconds the Rams ran off on their final possession after Buffalo used its final two timeouts. Together, these are the types of miscues that have haunted the Bills in their recent playoff losses. The bright side is the loss to the Rams didn’t end the Bills’ season, though they fell two games behind Kansas City (12-1) in the race for the AFC’s top seed . And perhaps, the loss can be chalked up to a team riding a little too high off a playoff-clinching win and having to travel across the country to face a Rams team in the thick of its divisional race. If that’s so, the Bills have a chance to address their flaws — and doubters — by how they respond in what still stands as a juicy showdown at the NFC-leading Detroit Lions (12-1) on Sunday. “They’re the top dog in football right now,” Allen said, looking ahead to Detroit. “We have to have a good week, learn from this one, and put it behind us.” What’s working Scoring. The Bills topped 30 points for a team-record seventh consecutive game and ninth time this season. Buffalo entered the day ranked second in the NFL averaging 30.5 points per outing, behind Detroit (32.1). What needs help Run defense. Though the Rams averaged just 3.3 yards per carry, they stuck with it in finishing with 137 yards, helping them enjoy a 17-minute edge in time of possession. Stock up Allen. If not for him, the Bills wouldn't have been in position to nearly overcome a 17-point fourth-quarter deficit. His 424 yards (342 passing and 82 rushing) accounted for all but 21 yards of Buffalo's total offense. Stock down With so many options, perhaps the focus falls on special teams coordinator Matthew Smiley. This is the second time in 13 months special teams personnel management became an issue. Buffalo was flagged for having too many men as time expired, providing Wil Lutz a second chance to hit a decisive field goal in sealing Denver's 24-22 win last season . Injuries Starting CB Rasul Douglas was sidelined by a knee injury. ... DE Casey Toohill injured his ribs. Key number 80-1-1 — The Bills' record when scoring 38 or more points, including a 38-38 tie with Denver in 1960. Next steps Facing Detroit represents Buffalo's final major test before closing the season with two games against New England and hosting the New York Jets. ___ AP NFL: https://apnews.com/hub/nfl John Wawrow, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Get your daily Victoria news briefing Email Sign Up More Football (NFL) Cowboys set to host Bengals under open roof after falling debris thwarted that plan against Texans Dec 9, 2024 2:57 PM Cardinals' sudden 3-game tailspin has turned their once solid playoff hopes into a long shot Dec 9, 2024 2:52 PM The 49ers' playoff hopes are still teetering even after get-right game against the Bears Dec 9, 2024 2:49 PM
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