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Inception Growth Acquisition Limited Announces Postponement of the Special Meeting to July 14, 2025 and Extension of Redemption Request Deadline
Globenewswire· 2025-06-26 10:20
Core Viewpoint - Inception Growth Acquisition Limited has postponed its Special Meeting of shareholders to July 14, 2025, to allow stockholders more time to review the Supplement to the definitive proxy statement, which includes a corrected redemption price and updates regarding the annual meeting [1][4]. Group 1: Special Meeting Details - The Special Meeting will still take place at the same location and time, now set for July 14, 2025, at 10:00 a.m. Hong Kong Time [2]. - The record date for stockholders eligible to vote remains May 27, 2025, allowing those who sold shares after this date to still participate [3]. - Stockholders who have already voted do not need to take further action, as their votes remain valid unless revoked [3]. Group 2: Redemption Requests - The deadline for stockholders to submit redemption requests has been extended from June 27, 2025, to July 10, 2025 [4]. - Stockholders can revoke previously submitted redemption requests before the new deadline [4]. Group 3: Company Background - Inception Growth Acquisition Limited is a blank check company incorporated in Delaware, focused on business combinations with other entities [7].
Coinbase Is Unlocking A Trillion-Dollar Opportunity
Seeking Alpha· 2025-06-26 09:02
Group 1 - The Pragmatic Investor focuses on global macro, international equities, commodities, tech, and cryptocurrencies, aiming to guide investors in their investment journey [1] - The platform offers features such as a portfolio, weekly market updates, actionable trades, technical analysis, and a chat room for investor engagement [1] - James Foord, an economist with a decade of experience in global market analysis, leads The Pragmatic Investor, emphasizing the creation of diversified portfolios to preserve and grow wealth [1]
Amazon drives 25% of US streamer sign-ups as it pushes to own the TV experience
Business Insider· 2025-06-25 21:01
Core Insights - Amazon is positioning Prime Video as a comprehensive entertainment hub to compete with Netflix and YouTube by promoting rival streaming services through its "channels" program [1][6] Group 1: Business Strategy - Amazon's channels program has seen a rise in sign-ups, accounting for 25% of major US subscription streamer sign-ups in Q1, up from 22% two years ago [3] - The company aims to enhance engagement on its platform, as Prime Video currently captures only about 3.5% of TV watch time, trailing behind competitors [6] - Amazon's goal is to make Prime Video profitable by 2025, with revenue cuts from subscriptions varying by partner [6] Group 2: Partnerships and Collaborations - Amazon's channels business has successfully re-engaged HBO Max and onboarded Apple TV+ for the first time, although it still seeks partnerships with other major players like Comcast's Peacock and Disney [5] - Antenna's data indicates that 90% of Prime Video Channels sign-ups would not have occurred without the service being available on Prime Video [10] - Partners have reported that Amazon has become more generous in sharing subscriber data and providing promotional opportunities [14] Group 3: Market Competition - Netflix is also striving to become the default TV viewing platform, recently announcing a deal with France's TF1 [7] - YouTube is attempting to develop a channels business similar to Amazon's, but industry executives believe it has significant ground to cover [7] Group 4: Content Strategy and Spending - Amazon's channels program has raised concerns within MGM Studios regarding the long-term commitment to producing original content, especially as other services gain prominence [18] - The company has been scrutinizing its entertainment spending, leading to layoffs and a shift in focus towards live sports and licensed content [19] - Prime Video's ad business has been bolstered by sports programming, with expectations for ad revenue to exceed $66 billion in 2024 [20]
Uber made a big change to how it prices trips. It might be the real secret to the company's turnaround.
Business Insider· 2025-06-25 20:31
Core Insights - A new study indicates that Uber successfully raised fares, reduced driver pay, and increased profits through a pricing strategy known as "upfront pricing" [1][4][21] Group 1: Pricing Strategy - In 2022, Uber transitioned to "upfront pricing," which provides riders with a price and drivers with potential earnings before trip acceptance [2][3] - This pricing model utilizes various factors beyond trip length and demand to set prices, allowing for more precise pricing strategies [2][3] - The implementation of upfront pricing has been linked to a significant stock price increase of nearly 300% over three years [3][6] Group 2: Financial Impact - The study found that upfront pricing enabled Uber to systematically raise rider fares while cutting driver pay across billions of rides [4][21] - The take rate, or the percentage of fare that Uber retains, increased from approximately 32% in 2022 to about 42% by the end of 2024, with some trips seeing Uber take over 50% [19][21] - The financial performance of Uber improved significantly, culminating in the company reporting its first annual profit in 2023 [6] Group 3: Driver Experience - The analysis, based on data from a single driver, revealed that driver earnings have decreased since the introduction of upfront pricing, despite rising operational costs [8][10] - The driver in the study experienced pay cuts starting in September 2022, coinciding with the rollout of the new pricing model [10] - Many drivers have reported a significant drop in their share of fares, with one driver noting a decrease from over 50% to less than 30% of the total fare [12][13] Group 4: Economic Theory - The study suggests that Uber has mastered "price discrimination," allowing it to determine the maximum price riders are willing to pay and the minimum drivers will accept [5][6] - This concept, previously theoretical, has been operationalized by Uber through its data and algorithms, positioning the company as a leader in this pricing strategy [6]
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-06-25 16:52
BREAKING: US National Debt hits $37 TRILLION https://t.co/GxtiCwyy6t ...
Power of Internal Comparison | Sri Sakthi Ramesh | TEDxKGCAS
TEDx Talks· 2025-06-25 16:14
Oh, I wish I could sing like Shrea Gosh. Sometimes I wish I could think like Sund. Oh, I wish I could lead like Ms.. Dhoni. At some point, haven't we all thought that in a world of filters and flashes, followers and frames, it's easy to fall into the trap of thinking they have something that I don't. And so begins the silent comparison.Not the healthy kind, but the kind that whispers, "You're not enough." Every morning we stand in front of the mirror. We fix our hair, adjust our clothes, and maybe give ours ...
How Labels define, divide and unite | Tetsuro Miyazaki | TEDxUWCMaastricht
TEDx Talks· 2025-06-25 15:56
[Applause] Hello. Hello. I'm unmuted.Hello. And let me start with a simple question. Have people ever put a label on you that did not fit.Now, for as long as I can remember, I've always wanted to belong, be part of a group, be part of the gang, one of the guys. At the same time, whenever I was part of this group, I always wanted everybody to know for sure that I was also somehow a little bit different, that I was the odd one out. So, if in the group there's a place, I think I would have liked to be on the e ...
The Canton Fair in the Eyes of a British Scholar: Let the World Share China's Opportunities
Shang Wu Bu Wang Zhan· 2025-06-25 15:47
Core Insights - The Canton Fair, established in 1957, is a significant biannual event that showcases the internationalization of China's trade [2][3] - The current edition has attracted nearly 43,000 exhibitors and around 250,000 visitors, covering an area of 1.55 million square meters [3][4] Global Reach and Promotion - The fair has expanded its international reach through promotional events in various cities, including Vienna, Budapest, and Amsterdam, as well as in African countries like Nigeria, Ethiopia, and Kenya [5] - The Canton Fair has been instrumental in helping Chinese brands, such as BYD, Huawei, Haier, and Lenovo, gain global recognition and market penetration [6] Opportunities for Businesses - The fair provides a platform for both large and small businesses to network and expand beyond major Chinese cities [8] - It accommodates a diverse range of sectors, with the spring fair focusing on electronics and home appliances, while the autumn fair emphasizes textiles and consumer goods [9] Changing Business Mindset - The participation of big companies aims to enhance international exposure and experience, reflecting a shift in the business mindset of Chinese exhibitors towards more proactive engagement in international trade [11][12] - The rise of Chinese fashion brands and designers illustrates the evolving outlook of Chinese enterprises in the global market [13] Cultural Appeal - The fair is complemented by the cultural attractions of Guangzhou, enhancing the overall experience for visitors [14] Future Prospects - The latest edition of the Canton Fair is expected to be larger and more impactful, aligning with the growing importance of international trading opportunities [15][16]
'Hacktivist' groups linked to Iran have been very active, says CrowdStrike CEO George Kurtz
CNBC Television· 2025-06-25 14:53
Well, joining us now is CrowdStrike CEO George Kurtz. Crowd Strike is up 42% so far this year. George, it's great to have you back on the show.Welcome. Great to be here. Thank you.So, I'm going to start right there with you. Um, how acute is the risk of cyber security incidents from Iran in the wake of everything we've seen right now. Well, what's important to realize is whenever geopolitical tensions rise, you're going to see a natural increase in cyber attacks.And that's exactly what we've seen. Iran has ...
摩根士丹利:中国医疗保健_第十一批国家药品集中采购即将启动
摩根· 2025-06-25 13:03
China Healthcare | Asia Pacific 11th Round of National Drug VBP Around the Corner Key Takeaways Drug selection criteria aims to balance pricing against clinical practice considerations: Among the 75 drugs proposed, 14 drugs will be further evaluated ( Exhibit 1 ), including: 1) five whose generic products have narrower indications approved than the originators' drugs. The reported volume for these drugs may be limited to the scope of commonly-approved indications; 2) nine generics are considered to have rel ...