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Uber sets IPO price range of 44 to 50 a share

first_img Spotify and most other streaming services rely on compressed audio, which robs the listener of full fidelity. Enter Tidal, the only “major” service that delivers lossless audio — meaning at least on par with CD quality, if not better. Want to see (er, hear) the difference for yourself? Grab this excellent extended trial while you can. It’s just $6 for three months, and it’s good for up to six listeners. Sarah Tew/CNET Turo is kind of like Uber meets Airbnb: You borrow someone’s car, but you do all the driving. I’ve used it many times and found it a great alternative to traditional car-rental services — in part because you get to choose exactly the vehicle you want (not just, say, “midsize”) and in part because you can often do pickup and dropoff right outside baggage claim.Between now and Sept. 1, the first 300 people to check out can get $30 off any Turo rental with promo code LDW30. See It Sprint Turo: Save $30 on any car rental I thought this might be a mistake, but, no, the weirdly named HP Laptop 15t Value is indeed quite the value at this price. Specs include an Intel Core i7 processor, 12GB of RAM, a 256GB solid-state drive and a 15.6-inch display. However, I strongly recommend paying an extra $50 to upgrade that display to FHD (1,920×1,080), because you’re not likely to be happy with the native 1,366×768 resolution. Angela Lang/CNET Uber,I’m shocked — shocked! — to learn that stores are turning Labor Day into an excuse to sell stuff. Wait — no, I’m not. As much as I respect the original intent of the holiday (which became official back in 1894), to most of us, it’s just a bonus day off — one that’s blissfully tacked onto a weekend. So, yeah, stores; go ahead, run your sales. I’m listening. Perhaps unsurprisingly, Labor Day doesn’t bring out bargains to compete with the likes of Black Friday (which will be here before you know it), but there are definitely some sales worth your time.For example:We’ve rounded up the best Labor Day mattress deals.We’ve also gathered the best Labor Day laptop deals at Best Buy.The 2019 Vizio P Series Quantum is back under $999.Be sure to check out Amazon’s roughly three dozen Labor Day deals on TVs and audio. Google Express is having a big sale as well, one that includes deals on game consoles, AirPods, iPhones, laptops and more.Below I’ve rounded up a handful of individual items I consider to be the cream of the crop, followed by a handy reference guide to other Labor Day sales. Keep in mind, of course, that products may sell out at any time, even if the sale itself is still running. Note that CNET may get a share of revenue from the sale of the products featured on this page. 0 Recently updated to include digital-photo-frame capabilities, the Lenovo Smart Clock brings Google Assistant goodness to your nightstand. It’s a little smaller than the Amazon Echo Show 5, but also a full $30 less (and tied with Prime Day pricing) during this Best Buy Labor Day sale. Read DJI Osmo Action preview Review • iPhone XS review, updated: A few luxury upgrades over the XR An Echo Dot makes a fine match for any Fire edition TV, because you can use the latter to say things like, “Alexa, turn on the TV.” Right now, the 24-inch Insignia Fire TV Edition starts at just $100, while the 32-inch Toshiba Fire TV Editions is on sale for $130. Just add any Fire TV Edition to your cart, then add a third-gen Echo Dot, and presto: The latter is free. The problem with most entry-level laptops: They come with mechanical hard drives. That makes for a mighty slow Windows experience. This Lenovo model features a 128GB solid-state drive, so it should be pretty quick to boot and load software, even with its basic processor. Plus, it has a DVD-burner! That’s not something you see in many modern laptops, especially at this price. Amazon TVs Speakers Mobile Accessories Cameras Laptops Automobiles Smart Speakers & Displays Share your voice $6 at Tidal Post a comment Free Echo Dot with an Insignia or Toshiba TV (save $50) Lenovo Smart Clock: $59.99 (save $20) Tags CNET may get a commission from retail offers. HP Laptop 15t Value: $520 (save $780) Use promo code 19LABOR10 to get an unusually good deal on JBL’s interesting hybrid product — not quite headphones, and not quite a traditional speaker, but something you wear like neckphones to listen to music on the go. $59 at eBay Google Nest Hub: $59 (save $70) Formerly known as the Google Home Hub, Google’s Nest Hub packs a wealth of Google Assistant goodness into a 7-inch screen. At $59, this is within a buck of the best price we’ve seen. It lists for $129 and sells elsewhere in the $89-to-$99 range.This is one item of many available as part of eBay’s Labor Day Sale (which, at this writing, doesn’t specifically mention Labor Day, but that’s how it was pitched to us). $261 at Daily Steals via Google Express JBL Soundgear wearable speaker: $90 (save $160) What’s cooler: A snapshot of a firework exploding in front of you, or full 360-degree video of all the fireworks and all the reactions to seeing them? Oooh, ahhh, indeed. At $250, the compact Rylo dual-lens camera is selling for its lowest price yet. And for an extra $50, you can get the bundle that includes the waterproof housing.This deal runs through Sept. 3; it usually costs $500. See at Amazon Chris Monroe/CNET Rylo See it Sarah Tew/CNET Though not technically a Labor Day sale, it’s happening during Labor Day sale season — and it’s too good not to share. Nationwide Distributors, via Google Express, has just about the best AirPods deal we’ve seen (when you apply promo code ZBEDWZ at checkout). This is for the second-gen AirPods with the wireless charging case. Can’t imagine these will last long at this price, so if you’re interested, act fast. Turo Post a commentcenter_img Other Labor Day sales you should check out Best Buy: In addition to some pretty solid MacBook deals that have been running for about a week already, Best Buy is offering up to 40% off major appliances like washers, dryers and stoves. There are also gift cards available with the purchase of select appliances. See it at Best BuyDell: Through Aug. 28, Dell is offering an extra 12% off various laptops, desktops and electronics. And check back starting Aug. 29 for a big batch of Labor Day doorbusters. See it at DellGlassesUSA: Aug. 29 – Sept. 3 only, you can save 65% on all frames with promo code labor65. See it at GlassesUSALenovo: The tech company is offering a large assortment of deals and doorbusters through Labor Day, with the promise of up to 56% off certain items — including, at this writing, the IdeaPad 730S laptop for $700 (save $300).See it at LenovoLensabl: Want to keep the frames you already love and paid for? Lensabl lets you mail them in for new lenses, based on your prescription. From now through Sept. 2 only, you can save 20% on the blue light-blocking lens option with promo code BLOCKBLUE. See it at LensablSears: Between now and Sept. 7, you can save up to 40% on appliances (plus an additional 10% if you shop online), up to 60% on mattresses, up to 50% on Craftsman products and more. The store is also offering some fairly hefty cashback bonuses. See it at SearsNote: This post was published previously and is continuously updated with new information.CNET’s Cheapskate scours the web for great deals on tech products and much more. For the latest deals and updates, follow the Cheapskate on Facebook and Twitter. Questions about the Cheapskate blog? Find the answers on our FAQ page, and find more great buys on the CNET Deals page. Read Google Home Hub review See It Tags $60 at Best Buy $210 at Best Buy $999 Share your voice Preview • iPhone XS is the new $1,000 iPhone X DJI Osmo Action camera: $261 (save $89) Read Lenovo Smart Clock review Sarah Tew/CNET Apple AirPods with Wireless Charging Case: $155 (save $45) Mentioned Above Apple iPhone XS (64GB, space gray) Best Buy Apple iPhone XS $90 at Daily Steals via Google Express The Cheapskate Mobile Roadshow Tidal 3-month family subscription: $5.99 (save $54) $999 Uber is going public. Hemant Mishra/Mint via Getty Images Uber on Friday set a price range of $44 to $50 a share for its initial public offering, according to an updated filing with the US Securities and Exchange Commission. The ride-hailing company plans to offer 180 million shares and seeks to raise about $9 billion in its IPO.The San Francisco-based company will list on the New York Stock Exchange using the ticker symbol UBER. Its IPO could come as soon as early May.On Friday, payment service PayPal also said it’ll invest $500 million into Uber as it extends a partnership the companies have maintained since 2013.In its IPO filing, Uber said it has operations in more than 700 cities in 63 countries on six continents. More than 91 million people use one of its services, which includes food delivery, at least once a month, the company said. Its drivers reportedly complete 14 million trips every day. If all goes as planned, 2019 will be a big year for tech IPOs. Airbnb, Pinterest and Slack are also expected to go public. Uber arch-rival Lyft issued its IPO in March with a strong stock market debut, but has faltered some since then. Lyft shares were trading around $56 on Friday, well below their $72 IPO price. Uber didn’t immediately respond to a request for comment. $520 at HP $999 Boost Mobile DJI’s answer to GoPro’s action cameras is rugged little model that’s shockproof, dustproof and waterproof down to 11 meters. It normally runs $350, but this deal drops it to $261 when you apply promo code 19LABOR10 at checkout. See It Best laptops for college students: We’ve got an affordable laptop for every student. Best live TV streaming services: Ditch your cable company but keep the live channels and DVR. $999 $299 at Amazon 0 $155 at Google Express Read the Rylo camera preview Sarah Tew/CNET Read the AirPods review Lenovo 130-15AST 15.6-inch laptop: $210 (save $90) Rylo 5.8K 360 Video Camera: $250 (save $250) See at Turolast_img read more

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Maggi noodle recall forces sales miss Nestle lowers its 2015 outlook

Nestle (NESN.VX), the world’s largest packaged food company, lowered its full-year outlook on Friday, as a Maggi noodle recall in India knocked sales and undercalculated U.S. Skin Health rebates weighed on the Swiss company’s profits.Sales dropped 2.1 percent to 64.9 billion Swiss francs ($68 billion) in the nine months through September, missing analysts’ average forecast of 65.9 billion in a Reuters poll.Organic or underlying growth, adjusted for currency swings, acquisitions and divestitures, slowed to 4.2 percent in the period from 4.5 percent in the first half, sliding further behind its 5 percent target for 2015.The company cut its 2015 outlook to around 4.5 per cent, below its long-term model calling for 5 to 6 per cent growth.”The shortfall comes from pricing, as Nestle does not seem to have been able to pursue its pricing actions as hoped, and more importantly the issue seems to be again the Asia, Oceania, Australia region, with sales down in the third quarter,” Barclays analysts wrote in a note.Chief Executive Paul Bulcke said: “After a good performance in the first half of the year, we were impacted in the third quarter by exceptional events, with Maggi noodles in India and a rebate adjustment in Nestle Skin Health.”Maggi noodles were subject to a recall in India over safety concerns.In the United States, frozen food sales began improving after a revamp of Nestle’s Lean Cuisine brand, but this contrasted with lagging sales in China, which showed a slower sales recovery, Bulcke said.India’s Maggi noodle recall continued to have a significant impact on growth in the South Asia Region, Nestle said.In its Skin Health division, Nestle’s U.S. prescription drug rebates exceeded what it had set aside for this purpose, resulting in an additional one-off charge in the third quarter.Despite prospects that Europe’s hot summer would have consumers grabbing ice cream out of freezers, sales at the group’s milk products and ice cream unit fell 350 million francs year-on-year to 11 billion. Water, however, achieved 7.1 organic growth through September, second only to confectionery at 7.8 percent.Nestle earlier this month confirmed it was in advanced talks to merge its international ice cream business with R&R Ice Cream, in its latest effort to refocus on other, higher-performing brands and advance its goal of becoming a “nutrition, health and wellness” company.Unilever (ULVR.L)(UNc.AS), the global number one in ice cream, on Thursday posted third-quarter underlying sales up 5.7 percent, thanks in part to a strong summer. But the Anglo-Dutch group said it expected sluggish global markets to keep weighing on performance.Nestle stock trades at around 21.4 times 12-month forward earnings, above Danone (DANO.PA) and Unilever, according to StarMine, which weights analysts’ estimates by their track record. read more

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Rape accused killed in RAB gunfight

first_imgA rape accused was killed in what the law enforcers called a gunfight at Amirabad in Lohagara upazila early Monday.The deceased was Saiful Islam, owner of a coaching centre, and an accused in a case filed over raping a Class-IX student. He had been on the run since the case was filed against him two weeks back.Tipped off, a team of Rapid Action Battalion (RAB) conducted a drive in the area around 4:30am, said Md Mashkur Rahman, assistant director (media) of RAB-7.Sensing presence of the elite force members, Saiful opened fire on them, forcing them to fire back, triggering the gunfight.After the gunfight, the RAB team recovered Saiful’s body from the spot.On 12 April, Saiful reportedly tied up the hands and legs of the girl and raped her in absence of his family members.A case was then filed against him.last_img read more

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What Twins Can Tell Us About Who We Are

first_imgThis week, psychologist Nancy Segal tells the story of the Bogotá twins, which was a tragedy, a soap opera, and a science experiment, all rolled into one. And she explains why twin studies aren’t just for twins. They can serve as a paradigm to understand age-old questions that affect us all: Is our fate written in our genes? And how powerful is upbringing in shaping who we become? Insights — and provocations — from twin studies, this week on Hidden Brain. Read the whole story: NPR In December 1988, two sets of identical twins in Bogotá became test subjects in a study for which they had never volunteered. It was an experiment that could never be performed in a lab, and had never before been documented. And it became a testament to the eternal tug between nature and nurture in shaping who we are. last_img read more

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