prices

“UK Launches Comprehensive Investigation on Three and Vodafone’s Proposed $19B Merger”

Gettyimages 1503349189 E1706265017997
The U.K.’s Competition and Markets Authority (CMA) has confirmed that it’s launching a formal “phase 2” investigation into the planned merger between Vodafone and Three UK. The CMA says that the deal could lead to higher prices for consumers, while also impact future infrastructure investments. However, the CMA has given both parties a token five working days to address its concerns with “meaningful solutions” before it formally progresses the investigation. Such a scenario is precisely why the U.K. introduced the National Security and Investment Act back in 2022, with previous form in blocking deals between U.K. entities and Chinese companies. “This case has more moving parts than the CMA’s other recent big decisions, and is arguably more important for the U.K. economy,” Smith said.

share at 34: Reddit sets IPO price at the peak of range

Reddit Ipo V3
Reddit prices IPO at $34 per share, the top of the rangeReddit priced its stock on Wednesday at $34 a share, the top of the anticipated range, a signal that investors are excited about the company’s IPO on Thursday. The social media giant raised nearly $500 million in the offering. Despite being profitable on EBITDA basis, Instacart and Klaviyo, two main IPOs of 2023, had lukewarm receptions on Wall Street last year. But Reddit is still generating net losses of more than $90 million, which may bode poorly for the company’s stock amid push for profitability for newly traded companies. The firm sold $203 million worth of contracts to AI companies for access to its data in January, according to a recent filing.

New Software and Reduced Prices: Chevy Blazer EV Sales Reinstated by GM

Apple Wwdc 2022 2022 06 13 At 1.21.30 Pm
General Motors has resumed sales of the Chevrolet Blazer EV — and at a cheaper price — more than two months after the automaker pulled the vehicle over software problems. The company temporarily halted sales of the Blazer EV in December after early customers reported problems with the SUV’s infotainment screen and charging at DC fast charging stations. GM said in a statement that the company “made significant software updates that will improve features and functionality to deliver on the high expectations of our customers. Existing Blazer EV owners will have to bring their car into a GM dealership for a software update to address any potential problems going forward. The company says it has improved its quality testing and software processes to prevent similar problems in the future.

Ford Slashes Prices on Electric Mustang Amid Decreased Demand for High-End EVs

Gettyimages 1988747725
Ford is cutting prices of its all-electric 2023 Mustang Mach-E by has much as $8,100 as the automaker attempts to rid itself of inventory and compete with Tesla and its increasingly cheaper EVs. Total market share of new EV sales has grown, reaching nearly 8% in U.S. in 2023. Ford confirmed with TechCrunch the price cuts, which are only for model year 2023 Mustang Mach-E vehicles and range between $3,100 and $8,100. “The Mustang Mach-E is America’s No.2 EV SUV in 2023 and Ford is America’s No.2 EV brand,” Ford spokesperson Marty Günsberg wrote in an emailed statement. Tesla shipped a record number of electric vehicles in the fourth quarter, which helped it reach 1.81 million deliveries in 2023.

“OpenAI Reduces Prices and Repairs ‘Uncooperative’ GPT-4 Model”

Gettyimages 1647521480 E1694685235777 2
OpenAI is always making slight adjustments to its models and pricing, and today brings just such an occasion. It’s also a popular API, being lower cost and faster than GPT-4 on a lot of tasks. Hence the steady ratcheting down of prices — though it’s also a natural result of streamlining the models and improving their infrastructure. GPT-3.5 Turbo also gets a new model version, 0125 (i.e. And the company also released a new version of its free moderation API — which identifies potentially harmful text.

Decrease of 25% in Monthly Crypto Developers for 2023

Gettyimages 1320779980
The total number of monthly active crypto developers fell 25% year-over-year in 2023, but those who have been in the space long-term showed more resilience than before, according to a new developer report by Electric Capital. Developers with more than two years of experience in crypto are at an all-time high after reaching 51% annualized growth over the past five years, according to the report. And developers who have been in crypto for at least one year grew 15% year-over-year and comprise 63% of all monthly active developers. When you see devs stick around decorrelated from prices, there’s something fundamentally here that keeps them in the space.”The number of developers working in crypto has matched what Shen has experienced since entering the space in 2018. “Newcomers are very correlated with prices,” Shen said.