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Reddit reportedly seeks to launch IPO in March
  + stars: | 2024-01-18 | by ( ) www.cnbc.com   time to read: +3 min
Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listing it has been eyeing for more than three years, according to people familiar with the matter. The offering would also test the willingness of some Reddit users to back the company's stock market debut. Reddit, which filed confidentially for its IPO in December 2021, is planning to make its public filing in late February, launch its roadshow in early March, and complete the IPO by the end of March, two of the sources said. It will decide on what IPO valuation it will pursue closer to the time of the listing, according to the sources. The company held back from pulling the IPO trigger until it came closer to profitability.
Persons: Steve Huffman, Alexis Ohanian, Reddit, Huffman Organizations: Facebook, GameStop, AMC Entertainment Holdings Locations: San Francisco
Scientists confirmed that it was killed by orcas, who hunted the great white for its liver. AdvertisementIn October, reports of a great white shark's mangled carcass washing ashore in a town in Victoria, Australia sparked suspicion. Hunting great white sharks for their fatty liverA female killer whale and her newborn calf in Grays Harbor near Westport, Washington. One less place great whites can hide from liver-seeking orcasKiller whales hunt great white sharks in waters across the world. While Australia is an entirely different part of the world than South Africa, it's now one less place where great white sharks can hide from liver-seeking orcas.
Persons: orcas, , Adam Miller, Miller, Candice Emmons, mako, Kenneth C, it's Organizations: Service, Portland, Facebook, Victoria's Deakin University, ABC Radio Melbourne, NOAA Fisheries, Reuters, for Whale Research Locations: Australia, Victoria , Australia, Grays Harbor, Westport , Washington, South Africa, South Africa's, Africa's
Prenuvo MRI machine Courtesy of PrenuvoWhile celebrating the July Fourth holiday last year on a boat in Tyler, Texas, Dr. Julianne Santarosa received the results from her full-body MRI scan. In addition to full-body scans, Prenuvo offers a head and torso scan for $1,800 and a scan of just the torso for $1,000. Some companies have started offering Prenuvo scans as a perk for employees, which has helped increase access to the technology. Medical experts caution that, in addition to the steep price, full-body MRI scans won't catch everything and aren't meant to replace targeted screenings like colonoscopies and mammograms. He found a radiologist who was offering an early version of a full-body MRI scan.
Persons: Julianne Santarosa, hadn't, she'd, Santarosa, Kim Kardashian, Cindy Crawford, Eric Schmidt, 23andMe, Anne Wojcicki, Tony Fadell, Andrew Lacy, Lacy, it's, Prenuvo, Jasnit, Dr, Kimberly Amrami, Amrami, It's, Prenuvo Lacy, Eduardo Dolhun, Dolhun Organizations: CNBC, Facebook, Google, Nest Labs, Felicis Ventures, U.S . Food, Drug Administration, Association of American Medical Colleges, Columbia University Medical Center, Mayo Clinic Rochester, Mayo Clinic Locations: Tyler , Texas, Prenuvo, Dallas, U.S, Canada, London, Sydney, New York, Los Angeles, Irving, New York City , New York, York, San Francisco, Vancouver, British Columbia
Amazon flooded its search results with irrelevant "defect" ads at the direction of Founder Jeff Bezos, pumping Amazon profits while steering shoppers to higher-priced goods, the Federal Trade Commission alleged in a newly unredacted portion of its antitrust lawsuit against the company. Amazon began running ads on its site over a decade ago, allowing brands and sellers to bid for higher placement in search results to have their product stand out from competitors. Amazon in 2022 began breaking out advertising revenue in its quarterly earnings reports, revealing just how big the business has become. Last month, Amazon said its ad business brought in more than $12 billion in revenue in the third quarter. "Kantar, an independent data and insights firm, found Amazon's advertising to be the most useful and relevant to customers around the world."
Persons: Jeff Bezos, Bezos, David Zapolsky, Tim Doyle Organizations: Federal Trade Commission, FTC, Amazon, Microsoft, Facebook Locations: U.S
Two climbers vied to become the first US female to reach the peak of the world's 14 tallest mountains. They were hit by avalanches on their final peak in southern Tibet and died, per reports. AdvertisementAdvertisementGutu wrote about her adventures on Instagram, including mountain climbing, skydiving, and paragliding. In the post, she said the mountain was known to have a "curse" for female climbers. "I am happy to see that in recent years this curse has been broken by many female climbers," she said.
Persons: , Anna Gutu, Gina Marie Rzucidlo, Shishapangma, Gutu, Rzucdilo, Christy Rzucidlo, Suzan Rzucdilo, Exped, Anna, Mingmar Organizations: Service, New York Times, Xinhua, Facebook, NBC Locations: Tibet, China, Shishapangma, Nepal, Pakistan, Romania, Albania, Italy, Japan
Aditya Aji | Afp | Getty ImagesTikTok's Southeast Asian ambitions will take a major hit after Indonesia bans shopping transactions on social media apps, analysts told CNBC. Indonesia has banned e-commerce transactions on social media platforms such as TikTok Shop and Facebook . Even if it can secure a separate license to operate, operating as a standalone app may still be challenging. "Even if it can secure a separate license to operate, operating as a standalone app may still be challenging," said Mittal. New social media rulesOn Saturday, Indonesia's President Joko Widodo called for social media regulations, saying such platforms impact micro-, small- and medium-sized companies and the economy.
Persons: Aditya Aji, Jonathan Woo, Sachin, Sachin Mittal, TikTok, Mittal, Joko Widodo Organizations: Facebook, Afp, Getty, CNBC, Phillip Securities Research, Sachin Mittal DBS Bank, U.S, DBS Bank, BMI, Momentum Works Locations: Bogor, West Java, Indonesia, Jakarta, China, Southeast Asia, U.S, Singapore, Montana, India
Indonesia's ministry of trade said Tuesday it is working to further regulate e-commerce, adding that the country does not allow transactions on social media platforms. "One of the things that is regulated is that the government only allows social media to be used to facilitate promotions, not for transactions," the ministry said in an official release. The government said it will also bar social media companies from doubling as e-commerce platforms to prevent misuse of public data. Indonesia also said it would also regulate which overseas goods can be sold, adding these products would receive the same treatment as offline domestic goods. The move comes as foreign goods become increasingly available in Indonesia through social media platforms.
Persons: Zulkifli Hasan Organizations: Facebook Locations: Indonesia
He's earned five figures so far this year directly from YouTube, Facebook, and Snapchat. Daoud started creating content in 2015, at age 13, by filming YouTube videos. Today, Daoud has almost 14 million followers across Snapchat , YouTube , TikTok , and Facebook . Platform Earnings YouTube $9,380 Facebook $9,265 Snapchat $4,704Daoud earns money directly from platforms' ad-revenue-share programsDaoud earns money directly from YouTube and Facebook through ads for long-form content. The money he's earned directly from Facebook so far this year is only around $100 less than what he's earned from YouTube.
Persons: Wasil Daoud, He's, Daoud, he's, TikTok, It's, it's, Jellysmack, unhoused Organizations: YouTube, Facebook, TikTok Locations: Snapchat, Los Angeles , California, New Jersey, LA
AI Has Finally Become Transformative
  + stars: | 2023-05-16 | by ( Martin Casado | ) www.wsj.com   time to read: 1 min
Speaking to a Senate subcommittee on May 16, 2023, OpenAI CEO Sam Altman, IBM chief privacy officer Christina Montgomery and NYU professor emeritus Gary Marcus gave suggestions for regulating the AI industry—and highlighted the associated perils. Images: AFP/Getty Images/Reuters Composite: Mark KellyArtificial intelligence has generated tremendous value across many applications over the last decade, including search, ad targeting and recommendations. But nearly all these gains have gone to tech giants such as Google and Facebook . Despite the hoopla—and a lot of related startup activity—AI hasn’t brought a market transformation similar to the internet or mobile, in which an entire new class of companies emerge and become household names. That may soon change.
Persons: Sam Altman, Christina Montgomery, Gary Marcus, Kelly, hasn’t Organizations: IBM, Getty, Google, Facebook
Tech Progress Is Slowing Down
  + stars: | 2023-02-16 | by ( Vaclav Smil | ) www.wsj.com   time to read: +1 min
Nothing has affected, and warped, modern thinking about the pace of technological invention more than the rapid exponential advances of solid-state electronics. By 2020, microchips had more than 10 million times as many components as the first microprocessor, the Intel 4004, released in 1971. Moore’s law was the foundation for the rapid rise of businesses based on electronic data processing, from PayPal to Amazon to Facebook . It made it possible to go in a lifetime from bulky landline phones to palm-size smartphones. These gains are widely seen today as harbingers of similarly impressive gains in other realms, such as solar cells, batteries, electric cars and even urban farming.
But alongside the possibility of great reward comes significant risk in seeking to push the boundaries of antitrust law. "All antitrust cases are an uphill battle for plaintiffs, thanks to 40 years of case law," said Rebecca Haw Allensworth, an antitrust professor at Vanderbilt Law School. But, Allensworth added, the government's challenges may be different than those in many other antitrust cases. Like all antitrust cases, this one is unlikely to be concluded anytime soon. "This is clearly the blockbuster case so far from the DOJ antitrust division," Francis said.
But none of that explains why political campaigns have been turning away from Facebook. Political ads have always been a small part of Facebook's overall business. The pandemic accelerated that trend since so many consumers turned to streaming platforms while stuck at home, and content for cord-cutters proliferated. Ad tracking firm AdImpact projected that of the $9.7 billion spent on political ads this cycle, $1.4 billion would go to connected TVs. Apple's crackdown has indeed diminished Facebook's position in political advertising.
Apple’s High Note Clears a Low Tech Bar
  + stars: | 2022-10-28 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
Apple’s revenue and operating earnings for the September quarter came in ahead of Wall Street’s forecasts. Apple Inc. should probably consider sending a thank-you card to Microsoft , Amazon , Google and Facebook . In what has been a brutal earnings season for big tech, the biggest of them all had the best report. Apple’s revenue and operating earnings for the September quarter that was reported late Thursday came in ahead of Wall Street’s forecasts, and its outlook contained no real negative surprises.
Asociația Obștească Asociația pentru Dezvoltarea Democrației ,,DECID'' invită...Asociația Obștească Asociația pentru Dezvoltarea Democrației ,,DECID'' invită reprezentanții mass-media și publicul larg să urmărească on-line conferința de presă cu tema: Prezentarea studiilor: ,,Piața muncii în Republica Moldova în condițiile declinului demografic și emigrării accelerate: diagnosticul unei involuții necontrolate” (autor - Mariana Iațco) și „Descentralizarea administrativă și financiară în Republica Moldova”(autori - Angela Secrieru și Veaceslav Berbeca). Conferința de presă va avea loc luni, 7 decembrie 2020, cu începere de la ora 14.00, în sala de conferințe a Agenției de presă IPN, Casa Presei, str. 068414092/069949252, precum și prin intermediul paginii de Facebook a Agenției. Organele de presă pot utiliza înregistrările video ale IPN pentru realizarea propriilor produse media, accesând canalul de Youtube și pagina de Facebook . DISCLAIMER: Organizatorii evenimentelor – nu agenția de presă IPN – poartă responsabilitate exclusivă pentru corectitudinea și esența conținutului invitației la eveniment, prezentată spre distribuire, precum și pentru declarațiile publice făcute în cadrul evenimentelor media.
Persons: Mariana, Angela, Veaceslav, Pușkin Organizations: Democrației, Facebook Locations: Republica Moldova
/ 09.00 /Генеральный инспекторат полиции сделает заявление для прессы о надлежащем проведении второго тура президентских выборов, который состоится 15 ноября 2020 года / мероприятие будет транслироваться на privesc.eu, realitatea.md и страницу полиции Республики Молдова в Facebook . / 10.30 /Ассоциация Promo-LEX приглашает представителей СМИ на пресс-конференцию, посвященную презентации Доклада № 7 Миссии по наблюдению за президентскими выборами от 1 ноября (15 ноября) 2020 года / Ассоциация Promo-LEX, ул. / 12.00 /Лидеры ряда политических партий приглашают представителей СМИ на пресс-конференцию на тему: „Лидеры ряда политических партий выскажутся относительно результатов избирательной кампании”/ Infotag. / 13.00 /Партия „Дома строим Европу” (PACE) приглашает на пресс-конференцию о позиции партии PACE относительно поддержки одного из кандидатов в президенты / штаб-квартира PACE, ул. / 14.00 /Адвокаты Валериу Плешка и Корина Стратан приглашают представителей СМИ и широкую публику посмотреть в режиме онлайн пресс-конференцию на тему: „Юридические последствия „Исповеди Ризя”, с политическими последствиями на высшем уровне.
Persons: , Speran, „ ”, Игорь Додон, Петр Мовилэ, Премьерминистр Ион Кику, Андрей Доникэ, Майя Санду, Алексей Щусев, Валериу Плешка, Корина Стратан, Кристиан Ризя, Чехов, Ковид, Александр Стукалов, Молящиеся, Борис Гылкэ Organizations: Facebook, PACE, СМИ, Ассоциация, Движение профессионалов, Движение Профессионалов, Центральная избирательная комиссия, Дома строящие Европу (), РоссиюИ Locations: Кишинев, Республика Молдова, Молдова, Приднестровье
В Национальном художественном музее Молдовы откроются временные онлайн-выставки "Лазарь Дубиновский: скульптура" и "Виктор Иванов: графика – 110 лет со дня рождения". Экспозиции можно посмотреть также в здании музея до 21 июня.Национальный музей этнографии и естественной истории проведет конкурс детских загадок "Познай природу!". Мероприятие пройдет в прямом эфире на странице музея в Facebook . Интернет-посетители смогут совершить виртуальный тур по сельским пансионатам деревень, расположенных вблизи историко-археологического комплекса.Музей истории Кишинева проведет онлайн-выставку-конкурс изобразительного искусства "Искусство и мифопоэтика города". С 2014 года в Республике Молдова мероприятия в рамках праздника организуются под эгидой Министерства образования, культуры и исследований.Полная программа мероприятий, посвященных Международному дню музеев и Европейской ночи музеев в 2020 году, доступна здесь.
Persons: Лазарь Дубиновский, Виктор Иванов Organizations: Facebook, Facebook YouTube, Национальный музей истории, Национальный художественный музей, Национальный музей этнографии и естественной истории, Facebook, Национальный музей литературы имени Михаила Когэлничану, YouTube, ЮНЕСКО, Музей истории, Министерство культуры и коммуникаций, Министерство образования, культуры и исследований, Европейская ночь музеев Locations: Молдова, Кишинев, Водонапорная башня, Франция, Республика Молдова
Polițiștii și militarii Armatei Naționale au început patrularea în comun pentru protejarea populației în perioada de epidemie. Aceste patrule vor ajuta la implementarea măsurilor de siguranță și prevenirea răspândirii COVID-19. Președintele țării a semnat un decret care permite și alte acțiuni comune între reprezentanții Ministerului Apărării și Ministerului Afacerilor Interne, care să vină în sprijinul cetățenilor. Suntem gata să venim cu măsuri și mai ferme, pe măsura evoluției situației, fiindcă aceste restricții temporare ne vor permite să revenim mai rapid la normalitatea vieții sociale și economice. Cu cât mai puternică va fi solidaritatea noastră și cooperarea dintre cetățeni și autorități, cu atât mai sănătoși și mai repede vom ieși din această criză!”, a scris Igor Dodon pe Facebook .
Persons: Igor Dodon Organizations: Armatei Naționale, Ministerului Apărării, Ministerului, Interne, Facebook
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