Reddit shares will cost between $31 and $34; Redditors can sell immediately
We don’t yet know the exact cost of Reddit shares when they go on sale, but the company has indicated that the initial public offering (IPO) price will be between $31 and $34 per share. Selected Redditors will get priority access ahead of the IP.....»»
Carvana CEO Ernie Garcia and his father make $11 billion in 3,000% stock rebound
The one-day surge in Carvana shares pushed the older Garcia’s fortune to $10.9 billion from a 2022 low of $3.1 billion, while his son’s net worth climbed to $3.8 billion, according to the Bloomberg Billionaires Index......»»
Ransom recovery costs reach $2.73 million
Average ransom payment has increased 500% in the last year, according to Sophos. Organizations that paid the ransom reported an average payment of $2 million, up from $400,000 in 2023. However, ransoms are just one part of the cost. Excluding ransoms.....»»
NASA selects 9 companies to work on low-cost Mars projects
NASA is expanding its plans for Mars, looking at not only a mission to bring back a sample but also smaller, lower-cost missions to enable exploration......»»
How transcripts in Apple Podcasts became a time-saving killer feature
There is no shortage of great third-party podcast clients on the App Store, such as Castro, Overcast, and Pocket Casts. But when Apple Podcasts introduced transcripts in iOS 17.4, the app immediately won me over. Podcast transcripts are a fantasti.....»»
Apple will protect indie developers in Europe from the bankruptcy risk of DMA changes
While Europe’s Digital Markets Act (DMA) antitrust law forced Apple to allow developers to sell apps outside the company’s own App Store, there were a number of potential problems with the company’s terms and conditions – not least of which i.....»»
Stellantis hires engineers in Brazil, India for $53,000 a year to save costs
Stellantis is pursuing an aggressive cost-cutting program and is said to want to have roughly two-thirds of the company’s engineers in lower-cost countries over the longer term......»»
Vizio shrinks the price of a Dolby Atmos soundbar to $99
Vizio has lowered the cost of a Dolby Atmos soundbar to under $100 with its new 2024 soundbar lineup, which also includes a new TV-mounting system......»»
Rising tides, sinking stocks: Study explores cost of climate change
As the financial implications of climate change continue to soar, a forthcoming journal article explores its effects on company values......»»
Apple TV+ drops MLS Season Pass price for remainder of the season
As the 2024 Major League Soccer championship heads toward its summer midpoint, Apple TV+ is discounting its season pass by 25%.Apple's MLS Season Pass has been discountedWhen the new season pass was first offered for sale in January 2024, it cost $99.....»»
Peacock may increase the cost of its monthly and annual plans again
Recent rumors state the price of Peacock's monthly and annual plans will go up and people are blaming the Olympics.....»»
AWS S3 storage bucket with unlucky name nearly cost developer $1,300
Amazon says it's working on stopping others from "making your AWS bill explode." Enlarge / Be careful with the buckets you put out there for anybody to fill. (credit: Getty Images) If you're using Amazon Web Services and.....»»
Invasive termites dining in our homes will soon be a reality in most cities, says research
With climate change continuing its relentless march, the world faces not only rising temperatures and extreme weather but also an insidious threat to our homes: invasive termites. And the bill could be steep; invasive termites currently cost over US.....»»
Apple headphone shootout: Beats Solo 4 vs AirPods Max
Beats Solo 4 offer a premium experience at less than half the cost of Apple's AirPods Max. Here's how the two Apple offerings compare.Beats Solo 4 [left], AirPods Max [right]At the end of April, Beats finally updated its seven-year-old Solo3 with a n.....»»
Elon Musk dismisses 2 Tesla senior executives, and their staffs, in fresh job cuts, report says
Rebecca Tinucci, senior director of the electric vehicle maker's Supercharger business, and Daniel Ho, head of the new vehicles program, are said to will leave the company immediately......»»
UK outlaws awful default passwords on connected devices
The law aims to prevent global-scale botnet attacks. Enlarge (credit: Getty Images) If you build a gadget that connects to the Internet and sell it in the United Kingdom, you can no longer make the default password "pass.....»»
NHTSA opens preliminary probe into Ford"s hands-free driving tech BlueCruise after 2 crashes
NHTSA said it confirmed BlueCruise was engaged in both vehicles immediately prior to the collisions......»»
Top 5 stories of the week: GM, Ford and Tesla earnings; lowest-cost EVs
A quick look at the week's top automotive stories.....»»
ByteDance would rather shut down US TikTok than sell it
TikTok owner ByteDance reportedly will not sell to a US firm if it is unable to convince a court to overturn President Biden's day-old law forcing a sale or ban.TikTok may be cease to be available in the USAccording to the bill signed into law by Pre.....»»
Quality woes hurt Ford earnings as GM outlook improves
Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»
Nature degradation could cause a 12% loss to UK GDP, new analysis suggests
The deterioration of the UK's natural environment could lead to an estimated 12% loss to GDP, according to new analysis. In comparison, the financial crisis of 2008 took around 5% off the value of the UK GDP, while the COVID-19 pandemic cost the UK u.....»»