Home Blog Page 184

Didi Chuxing recordsdata for an IPO and posted gross sales of $ 6.four billion within the first quarter

0
Didi Chuxing recordsdata for an IPO and posted gross sales of $ 6.four billion within the first quarter

A logo of the ride-hailing giant Didi Chuxing can be seen on a building in Hangzhou in the eastern Chinese province of Zhejiang.

STR | AFP | Getty Images

Chinese ride-hailing giant Didi Chuxing filed for an IPO in what may be one of the biggest technology IPOs this year on Thursday, positioning major shareholders Uber and SoftBank for a profit.

The company had sales of $ 21.6 billion last year. The company posted revenues of $ 6.4 billion in the past quarter. Specifically, the company reported net income of $ 837 million before certain payouts to shareholders and total income of $ 95 million for the quarter.

Uber owns 12.8% of the company’s shares after selling its Chinese amusement ride to Didi in 2016, while SoftBank’s Vision Fund holds 21.5%.

Didi’s sales shrank nearly 10% between 2019 and 2020 when the Covid pandemic hit China hard last year. However, before the pandemic, sales rose 11% between 2018 and 2019. Additionally, sales rebounded in the first quarter as the pandemic recovery is in full swing, with first quarter growth of 107% year over year.

Part of the company’s profitability in the first quarter was due to gains on investments of $ 1.9 billion related to spin-offs and divestments.

For comparison, Uber posted a net loss of $ 108 million on revenue of $ 2.90 billion in the first quarter. For the full year 2020, Uber’s net losses were $ 6.77 billion on sales of $ 11.14 billion.

Didi was last valued at $ 62 billion after a fundraising round in August, according to PitchBook data, and is backed by investment giants such as SoftBank, Alibaba and Tencent. Bloomberg reported that the company could have a valuation of $ 100 billion at the time of going public.

The listing, which could be one of the biggest technology debuts in the world this year, comes as demand for ridesharing and travel companies returns due to a drop in Covid-19 cases and the introduction of vaccines. American counterparts Uber and Lyft have both stated that thanks to the recovery, they will be profitable on an adjusted basis by the end of this year.

Didi acquired Uber’s China business in 2016 in a complicated transaction in which the two companies acquired shares in each other. Didi said it sold all of its Uber stock in November and December last year.

Didi was founded in 2012 and claims to have 493 million active drivers per year and 15 million active drivers per year. Didi has been inducted on the CNBC Disruptor 50 list four times.

(The exact name of the company registered on the F-1 is Xiaoju Kuaizhi.) Goldman Sachs, Morgan Stanley and JP Morgan draw.

Subscribe to CNBC on YouTube.

Get Management, Battlefield 4, and extra free PC video games this week

0
Get Management, Battlefield 4, and extra free PC video games this week

Illustration for articles titled Image: Remedy Games

One of the best video games of 2019, Control, is available for free on PC this week on the Epic Game Store Launcher – and it’s not the only one.

Control is a supernatural action-adventure game in which you play Jesse Faden, a member of a secret government agency that investigates paranormal events and artifacts. You will explore a large, ever-changing government facility, opening up new avenues as you acquire new powers and weapons. It’s basically like The X-Files meets Metroid Prime plus Half-Life, and it rules.

And right now, Control is completely free on the Epic Games Launcher through June 17 at 11 a.m. ET. Note that this is the base version of the game released in 2019, not the full 2020 edition; You will still have to purchase the additional DLC content separately if you decide you love it enough to spend the money.

How to Download Control for Free from the Epic Games Store

  1. Click the Controls tab in the Epic Games Launcher or open the game’s product page via the “Business” Section. You can also Get it from the Epic Games Store website.
  2. click “Receive,” and complete the transaction steps.
  3. Once the game is added to your library, you will own it forever.

Epic Games is constantly giving away such PC games so it’s worth logging in to see what’s on offer. There are also dozens of other free games currently on the Epic Games Store, including the recently added free MMORPGs Genshin Impact and Phantasy Star Online 2: New Genesis. All free games are under the Store tab. listed Browse> Free.

G / O Media can receive a commission

Battlefield 4 and Batman: The Telltale Series on are free at Amazon Prime Gaming

Illustration for articles titled Screenshot: Brendan Hesse

While we’re at it, Amazon Prime members can claim 10 free PC games this month through the Amazon Prime Gaming website, including the critically acclaimed Battlefield 4 (available through June 21) and Batman: The Telltale Series ( available until July 11th). .

The rest of the free Prime Gaming titles in June include:

  • Bombslinger (Available until June 11th)
  • Mana spark (available until June 18th)
  • Frog Climbers (Available June 25th)
  • BFF or Die (Available until July 1st)
  • Lost in Harmony (Available until July 1st)
  • Mugster (Available until July 1st)
  • New found courage (available until July 1st)
  • Spitkiss (available until July 1st)

Prime members can also claim tons of special in-game loot for several other games this month. To claim the freebies, Sign in with your Amazon account here and click “Challenge game” next to anything you want to download.

Jenna Cooper from Bachelor in Paradise is engaged: see her ring

0
Jenna Cooper from Bachelor in Paradise is engaged: see her ring

Bachelor Nation Jenna Cooper is engaged Karl Hudson.

The commercial real estate agent asked herself this question during a trip to Turks and Caicos Islands with her 12-month-old daughter Presley.

“I said yes!” wrote the reality star on June 9 on Instagram and posted photos of the beach proposal. “Easiest decision ever, and Presley agrees. I love my little family so much and am looking forward to marrying my best friend! Karl is everything I ever wanted in a man and more. This is the best birthday and me.” so overwhelmed with joy cant wait to be your wife @ kghudson4!

Jenna also gave her fans a glimpse of her ring, which appeared to feature a round diamond on a band of paving stones. And she certainly had a lot to celebrate, because June 9th was also her 32nd birthday. Her future husband surprised her with a little more bling by giving her a diamond necklace.

“Thank you for all the birthday wishes,” she noted to her followers. “That day was amazing.”

CDC says that coronary heart irritation in 16- to 24-year-olds is greater than anticipated after the second injection

0
CDC says that coronary heart irritation in 16- to 24-year-olds is greater than anticipated after the second injection

A young man in West Virginia receives the vaccine while overlooking the West Virginia Capitol Building at Riggleman Hall.

Stephen Zenner | LightRakete | Getty Images

There have been a higher than expected number of cases of heart inflammation in 16- to 24-year-olds after receiving their second dose of Covid-19 vaccine from Pfizer or Moderna, the Centers for Disease Control and Prevention shared on Thursday Relying on preliminary data from its vaccine safety monitoring system.

The CDC has received reports of 275 cases in this age group as of May 31, the agency said in a presentation prepared for a meeting of the Food and Drug Administration advisory panel on Thursday. Scientists expected between 10 and 102 cases of myocarditis, or pericarditis – in which the heart muscle or the lining of the heart becomes inflamed, according to the CDC.

“We clearly have an imbalance,” said Dr. Tom Shimabukuro of the CDC’s Immunization Safety Office on Thursday at the meeting of the FDA’s Advisory Committee on Vaccines and Related Biological Products to discuss safety issues related to the use of Covid-19 vaccines in children 6 months and older.

Although rare, a total of 475 cases of myocarditis or pericarditis have been reported in people aged 30 years and younger, according to the CDC. Most of the patients hospitalized, or 81% of them, had fully recovered from their symptoms, the agency said. May there are still 15 people in the hospital, three of them in the intensive care unit.

The majority of cases appear to occur in men, and the median time to onset of symptoms is two to three days, according to the CDC.

Some of the reported cases could be something other than myocarditis or pericarditis upon further investigation, Shimabukuro said.

During a panel discussion later on Thursday, Dr. Cody Meissner, a member of the committee, said he was “concerned” about the heart problem that has been reported in young vaccine recipients. He asked whether the disease would lead to scarring of the muscle tissue or cardiac arrhythmias.

“I think that’s unlikely, but we don’t know,” said Meissner, also a professor of pediatrics at Tufts University School of Medicine. “Before we vaccinate millions of teenagers and children, it is so important to find out what the consequences are.”

The CDC’s Vaccine Safety Group announced last month that it is examining heart infections in “relatively few” people who have received Covid vaccinations.

The cases mostly affected adolescents and young adults and usually occurred within four days of the vaccination, the CDC said at the time. The condition has been seen more often in men and most cases appear to be mild, the agency said, although officials are following up on patients.

The CDC is coordinating its investigation with the FDA, which last month approved the Pfizer BioNTech vaccine for adolescents ages 12-15.

“We still don’t know if this is really related to the vaccine,” said Dr. Peter Marks, director of the FDA’s Center for Biologics Evaluation and Research, during a virtual question-and-answer event on May 27th. He added that the “handful” of reported cases were “very mild, lasting a day or two,” and usually occurred after a second dose.

Health experts say finding rare side effects once a vaccine or drug is administered to the general population, and if myocarditis is found to be related to the Covid vaccine, the risk is negligible compared to the risks of infection with Covid-19.

16 locations to obtain or stream films without cost and legally

0
16 locations to obtain or stream films without cost and legally

not definedScreenshot: Emily Long

The internet archive is a repository for all kinds of things. While you probably know for the always useful ones Wayback machine, it’s also great for public domain movies, independent media, TV shows and newsreels, and other media that you can watch for free – and use and remix it yourself if you want.

There are many films – organized by categories such as science fiction, horror or film noir – alongside art films, instructional videos and films, special collections made available to the Internet archives for posterity, documentaries and even collections of stock footage. It’s not the easiest searchable archive, nor is it organized for mobile screens, but it is certainly a treasure trove of interesting material.

This story was originally published in 2016 and was updated in July 2019 (by Nick Douglas), May 2020 (by Emily Long), and February 12, 2021 and June 10, 2021 by Joel Cunningham. Our updates include the following: new screenshots, revised movie lists, and the addition of Plex and PlutoTV to our list of streaming options. We have also removed MoviesFoundOnlinethat has not worked reliably since the end of Adobe Flash Player.

Cash Minx goals to develop a “Private Finance” working system for the on a regular basis investor

0
Cash Minx goals to develop a “Private Finance” working system for the on a regular basis investor

New regulations make it easier to invest in alternative investments Crowdfunding, and the recent explosion in crypto and NFTs means investors are more diversified than ever.

For those looking to manage their investment portfolios, it can be difficult to keep up with such a variety of investments alone. Money minx, a new startup based in San Diego that was co-founded by the couple Hussein and Jessica Yahfoufi, wants to help.

Put simply, Money Minx aims to build a “Personal Finance OS” for every household. The platform is designed to help people track all of their investments – yes, including crypto and NFTs – in one place and in any currency. The company claims that its AI can also go a step further and help people spot opportunities in their portfolio and spot potential risks.

“We designed Money Minx to help people cover all of their basics, better understand their personal bottom line, and grow their wealth,” said Hussein. “No financial advisor needed.”

Money Minx also aims to provide users with easy-to-use tools for creating dashboards and reports. In its “soft launch” phase, the startup grew rapidly – from $ 15 million in assets tracked in late March to $ 107 million by mid-May. The user base is growing by 40% from month to month.

Like many founders, Hussein says that he and Jessica developed the platform to meet their own needs.

“We built this because we needed it as ‘do it yourself investors’,” said Hussein, who previously started a crowdfunding site Apps and works as CTO at a San Diego-based fintech company. “I did not I want to hire a financial advisor and spend 1% of my portfolio every year telling me what to do. So I started doing it myself in a spreadsheet and then I started developing this tool last year. “

Speaking to other investors, Hussein found that many also managed their own finances and also invested outside of the stock market.

The story goes on

Photo credits: Money Minx co-founders Jessica and Hussein Yahfoufi / Money Minx

“Everyday investors prefer to invest more in crowdfunding sites and alternative assets than the traditional stock market, “he said.

This shift has created a niche in the market for an easy way to track investments across multiple platforms, the Yahfoufis believe.

Money Minx operates as a SaaS company and charges a monthly subscription fee for three different plans between $ 10 and $ 30 per month. Looking ahead, Hussein is considering setting up a white-gloved ministry.

Although Money Minx has been approached by interested VCs, Hussein wants the company to prefer to stay on the boat – for now.

In fact, VCs are pouring money into the room. Just last week, Personal finance startup Truebill announced that it has raised funds a $ 45 million Series D funding round D under the direction of Accel.

See the picture of Kanye West & Irina Shayk’s luxurious French getaway

0
See the picture of Kanye West & Irina Shayk’s luxurious French getaway

It’s the photos that make the internet buzz.

Earlier this week Kanye West and Irina Shayk were photographed on vacation in Provence, France. An eyewitness told E! The rapper, who turned 44 on June 8, and the 35-year-old model spent three nights at the luxury hotel Villa La Coste.

“They spent a lot of time in their hotel, strolling through the vineyards and enjoying the property,” said the observer. “They also went for walks around town looking at art and architecture. Kanye took pictures of Irina whenever he could. She loved posing for him and he really liked what he was doing with his photographs. She sees like his muse. “

The viewer said Kanye and Irina flew out of France on June 9 and landed in New Jersey later that day on their way back to New York.

“They have been seeing each other for several weeks,” said a source. “Kanye flew in and out of New York to be with her.”

Tips on how to meet a number of individuals (the fitting approach)

0
Tips on how to meet a number of individuals (the fitting approach)

Whether you’re in what is known as an ethically non-monogamous (ENM) relationship or just going on a few Tinder dates without pinning anything down, there are a few ways to make sure you’re as safe as possible without getting it on its an asshole.

You have to communicate clearly

Tell all other partners what you are up to! ENM relationships are fine, as is dating alone, but only if everyone knows. When you’re hiding something, you wonder why.

In the apps you will meet a lot of people with “ENM” in their bios or people who clearly state that they are not looking for anything “serious”. You will also come across a lot of people who are not as ethically monogamous, or so clearly looking for dates or sleeping around. Be like the first group of people. It may seem embarrassing to have to admit to potential dates that you don’t really want something monogamous to blossom out of your meetup, but it’s less embarrassing than telling them that they are really just one of many relationships when they are you propose a third date “So what are we?”

If you are concerned, someone on your roster is going to object to having a roster, too bad. You have the right to oppose and not to be fooled.

In 2019, you might have seen it a viral tweet That said, “Going out with my last boyfriend was like going out to college, but not knowing that I was going to graduate school.” For this article, we caught up with author Sara Morse, a 23-year-old marketing admin who is now in a monogamous relationship, to find out what she learned about being one of many women on the suitor’s list .

Communication, she said, is key – even if it means someone you talk to or date doesn’t want to continue down this path with you after hearing what you have to say.

“If my fucking ex had told me he was going to be a serial cheater, I would never have dated him,” she said. “I feel like I’m not enough.”

Of course, the definitions of what a “cheat” are different from person to person, and there are certainly people who do not feel that they are “not enough” when they are told that they want to play along. Again, you have to pronounce it. You see, before Morse and this ex officially started dating, they said they were both talking to other people. That was fine! The problems came when they got serious and Morse stopped talking to others, but the friend didn’t.

Be clear about your intentions, stick with them, and talk through every step of the way so you don’t become the subject of a viral tweet.

Be open to change

You might think you’re only interested in a slutty summer. You might think you just want non-monogamy. You may think of a lot of things that end up completely irrelevant when you meet someone who changes everything.

Do not block your own blessings just because you have a certain idea of ​​how things should go or what you are capable of. Check yourself after dates, dates, and conversations to make sure you don’t fall for someone without realizing it. And if so, go from there – and don’t be afraid to go off course.

Use protection

The use of condoms and other forms of protection goes without saying, but we’ll say it anyway: nothing derails a slutty summer or a free-running time like, oh, a baby or chlamydia. Don’t expose yourself to this or expose someone you don’t even want to commit to doing it; You both could solve the problem on your own, which is annoying.

This tip is especially important if you ignore the first one. (No shading, just say.) If someone you meet casually doesn’t notice that there are other people in your inbox and bed, then it really is unfair to say so openly or to keep this secret. These are just the facts.

Also, keep this in mind: If you’re out and about dating, so may your other partners. It’s your right, isn’t it? You don’t know the other people who hit them. Seriously, wrap it up before tapping on it.

Learn more about yourself

Morse learned from her bachelor’s-style constellation experience that she wasn’t into any kind of non-monogamy, consensual or not. Mariella Mosthof, a 33-year-old cultural writer who has been with several people over and over again over the past ten years, experienced the exact opposite of herself when she first became part of a “really wonderful, formative triad with an older couple”.

“I feel less like a freak when I’m polyamorous,” she told Lifehacker. “I am a person in general who is very hungry for deep engagement. When I’m monog, I just feel too sensitive and like I’m “too much” or trying too hard. I tend to be too obsessive about the one person / relationship that is always destroying them. My disposition is better suited to polyamory, where I can pour a little of that intense energy into any vessel. For me that is a mentally healthier balance. “

Whether you are into polyamory or dating alone, you will learn a lot about everyone you meet, but you can also learn a lot about yourself. Take this opportunity to find out who you are and what you want. So you are not only the best possible partner for your many happy companions, but also for yourself.

“Feel your feelings completely and as shamelessly as you can,” advised Mosthof. “You are nothing special and your problems are not unique, that is, you are not alone! Process it all, identify your needs and try again. Or not!”

S&P 500 climbs to new report and shakes off inflation fears

0
S&P 500 climbs to new report and shakes off inflation fears

The S&P 500 climbed to an all-time high Thursday as investors shook off a major inflation report that showed a greater than expected spike in price pressures.

The broad equity benchmark rose 0.6% to an intraday record of 4,249.74, beating its May 7 high after trading sideways for a month. The Dow Jones Industrial Average rose 275 points while the Nasdaq Composite traded 0.7% higher despite rising bond yields.

May consumer prices accelerated the fastest since summer 2008 amid the economic recovery from the pandemic-triggered recession, the Labor Department reported Thursday.

The consumer price index, which is a basket of food, energy, groceries and prices for a range of goods, increased by 5% compared to the previous year. Economists polled by Dow Jones had expected an increase of 4.7%.

“I think there were a lot of people holding back, who wanted to see the hotter inflation number,” CNBC’s Jim Cramer said on Squawk on the Street. “Now they said, ‘Okay, this is over now. Let’s buy something.’ Because they were on the sidelines and want to get in. I don’t think that’s really common these days because there is still so much purchasing power. People want in. “

Fears of a surge in inflation weighed on the stock market for the last month, with investors worried that the rise in prices will add costs to businesses, spike interest rates, and cause the Federal Reserve to abandon its easy money policy.

“This CPI is unlikely to change the narrative dramatically and there are still signs that inflationary momentum will weaken in the coming months,” Adam Crisafulli, founder of Vital Knowledge, said in a statement Thursday.

Many economists also said the used car cost increase for the month may have skewed the inflation indicator. Used car and truck prices rose more than 7%, accounting for a third of the total increase for the month, according to the Bureau of Labor Statistics. The rise in used car prices likely reflects a temporary phenomenon related to the pandemic and car supply.

A separate report released Thursday showed that unemployment claims for the week ended June 5 were 376,000, up from a Dow Jones estimate of 370,000. The total was still the lowest in the pandemic-era.

UPS stocks rose about 1% after upgrading JPMorgan. The shares of Boeing and Delta Air Lines were also higher.

Video game retailer and meme stock GameStop fell 9% even after the company named former Amazon executive Matt Furlong as its next CEO and said sales rose 25% in the most recent quarter. The company also said it can sell up to 5 million additional shares.

– CNBC’s Hannah Miao contributed to this story.

Your berries must heat up a bit

0
Your berries must heat up a bit

Illustration for the article titled Your Berries Need to Warm UpPhoto: Claire Lower

A couple of evenings ago I went to Sauvie Island with some friends to pick berries. After trying some of the many strains available, I chose Hoods because the season is short and I’m only human. (Once you’ve experienced the sugary flesh of a hood strawberry, it’s hard to go back to giant, watery driscolls.) After plucking an apartment at a time, my berry picking companions and I enjoyed a bowl of freshly picked berries, store-bought Angel cake and whipped cream from a canister. It was a perfect moment.

The next morning I got some berries out of my mouth, straight from the fridge. They didn’t taste the same. They were less sweet, tart and spicy on the tongue. Had I eaten all the best the night before? (No.) Has the idyllic setting influenced your taste? (Kind of yes, but that wasn’t the problem.)

To like Cheese and various other foods, Berries simply taste better at room temperature. Warmer temperatures help the nose and mouth perceive their aromatic flavors, which means they taste and smell better. (By “aromatic” I mean “have a pleasant aroma” that doesn’t have “carbon rings with alternating pi bonds,” although there is some overlap between the two.) Cold temperatures dampen flavors and smells, which is why my berries tasted like them in the morning rather hot and sour than sweet and jammy.

This doesn’t mean you should store your berries at room temperature. Berries tend to spoil and go moldy quickly, so keep them in the refrigerator – unwashed – until you can eat them, then wash them and let them hang at room temperature for 15-30 minutes. The wait may seem endless, but the rewards – the sweet and fragrant rewards – will be well worth that quarter or half hour. For one, I didn’t spend hours squatting in a drizzle field eating rushed, chilled, tasteless berries.

G / O Media can receive a commission

POPULAR POSTS