Snap Inc.

Which Stocks Are Primed For India's HUGE Social Media Market?

Retrieved on: 
Tuesday, November 7, 2023

Which Stocks Are Primed For India's HUGE Social Media Market?

Key Points: 
  • Which Stocks Are Primed For India's HUGE Social Media Market?
  • QYOU Media (TSXV: QYOU) (OTC: QYOUF) produces and distributes content created by social media stars.
  • Now, the business has brought in bonafide social media royalty to push it to the next stage.
  • QYOU Media has achieved consistent quarterly YoY revenue growth and has brought in a social media whiz to push things to the next level.

Entravision Announces Board Updates

Retrieved on: 
Wednesday, October 25, 2023

Entravision (NYSE: EVC), a leading global advertising solutions, media and technology company, today announced the following updates to its Board of Directors (“the Board”), effective immediately, as part of the Company’s ongoing commitment to corporate governance practices and enhancing stockholder value:

Key Points: 
  • Entravision (NYSE: EVC), a leading global advertising solutions, media and technology company, today announced the following updates to its Board of Directors (“the Board”), effective immediately, as part of the Company’s ongoing commitment to corporate governance practices and enhancing stockholder value:
    Michael Christenson, Entravision’s Chief Executive Officer, was appointed as a director of the Company.
  • Juan Saldivar von Wuthenau, Entravision’s Chief Digital, Strategy and Accountability Officer, has resigned as a director of the Company.
  • Mr. Saldivar will remain in his current executive role at Entravision which he has held since November 2020.
  • “We are pleased to welcome both Mr. Christenson and Ms. Sweet as directors, consistent with our commitment to corporate governance and periodically refreshing the Board with new perspectives, skill sets and experiences,” commented Paul Zevnik, Chair of Entravision’s Board of Directors.

Snap Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, October 24, 2023

Restructuring charges in the third quarter of 2023 were $18.6 million, composed primarily of cash severance and stock-based compensation expenses.

Key Points: 
  • Restructuring charges in the third quarter of 2023 were $18.6 million, composed primarily of cash severance and stock-based compensation expenses.
  • Snap Inc. will host a conference call to discuss the results at 2:30 p.m. Pacific / 5:30 p.m. Eastern today.
  • We calculate average Monthly Active Users for a particular quarter by calculating the average of the MAUs as of each calendar month-end in that quarter.
  • Note: For adjustments and additional information regarding the non-GAAP financial measures and other items discussed, please see “Non-GAAP Financial Measures,” “Reconciliation of GAAP to Non-GAAP Financial Measures,” and “Supplemental Financial Information and Business Metrics.”

Piper Sandler Completes 46th Semi-Annual Generation Z Survey of 9,193 U.S. Teens

Retrieved on: 
Tuesday, October 10, 2023

Piper Sandler Companies (NYSE: PIPR), a leading investment bank, completes its 46th semi-annual Taking Stock With Teens® survey in partnership with DECA.

Key Points: 
  • Piper Sandler Companies (NYSE: PIPR), a leading investment bank, completes its 46th semi-annual Taking Stock With Teens® survey in partnership with DECA.
  • Piper Sandler equity research has more than 60 million data points around teen preferences and spending in the 22 plus years of researching teens.
  • Piper Sandler Taking Stock With Teens® survey is a semi-annual research project that gathers input from 9,193 teens with an average age of 15.7 years.
  • Since the project began in 2001, Piper Sandler has surveyed more than 248,283 teens and collected over 60.7 million data points on teen spending.

Snap Inc. Announces Date of Third Quarter 2023 Results Conference Call

Retrieved on: 
Thursday, October 5, 2023

Snap Inc. (NYSE: SNAP) will hold its quarterly conference call to discuss third quarter 2023 financial results on Tuesday, October 24, 2023 at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time).

Key Points: 
  • Snap Inc. (NYSE: SNAP) will hold its quarterly conference call to discuss third quarter 2023 financial results on Tuesday, October 24, 2023 at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time).
  • A live webcast and replay of the conference call will be accessible on Snap Inc.’s Investor Relations website for at least 90 days at: http://investor.snap.com .

Megan Thee Stallion Says "Check In On Your Friends" in New PSA with Seize the Awkward

Retrieved on: 
Tuesday, September 26, 2023

NEW YORK, Sept. 26, 2023 /PRNewswire/ -- Seize the Awkward, a national campaign that inspires and prepares young adults (ages 16-24) to talk about mental health with their friends, spotlights three-time Grammy-winning superstar, entrepreneur and philanthropist Megan Thee Stallion in a new public service advertisement (PSA), "Check In On Your Friends," which launched today.

Key Points: 
  • In addition to promoting SeizeTheAwkward.org , the PSA also highlights BadBitchesHaveBadDaysToo.com , Megan's website that offers a wide array of mental health resources.
  • "Partnering with Megan Thee Stallion for our latest Seize the Awkward initiative lets young people know that they don't have to be strong all the time or suffer in silence.
  • We are grateful to Megan Thee Stallion for being open about her struggles and for normalizing mental health conversations."
  • "We are so proud to collaborate with Megan Thee Stallion to further the reach and impact of the Seize the Awkward campaign and elevate her longstanding commitment to mental health.

KKR Appoints Kimberly A. Ross as New Independent Director

Retrieved on: 
Monday, September 25, 2023

KKR & Co. Inc. (NYSE: KKR) today announced that Kimberly A. Ross has been appointed to the Board of Directors of KKR & Co. Inc. (the “Company” and, together with its subsidiaries, “KKR”) effective September 20, 2023.

Key Points: 
  • KKR & Co. Inc. (NYSE: KKR) today announced that Kimberly A. Ross has been appointed to the Board of Directors of KKR & Co. Inc. (the “Company” and, together with its subsidiaries, “KKR”) effective September 20, 2023.
  • Her appointment will bring the number of independent directors to ten out of a total of fourteen Board seats.
  • View the full release here: https://www.businesswire.com/news/home/20230925481013/en/
    KKR Appoints Kimberly A. Ross as New Independent Director (Photo: Business Wire)
    Ms. Ross is the former Chief Financial Officer of several public companies, including WeWork Inc., Baker Hughes Company, Avon Products, Inc., and Royal Ahold N.V.
  • The Company’s other independent directors include Adriane Brown (Managing Partner of Flying Fish Partners), Matthew Cohler (former General Partner at Benchmark), Mary Dillon (President and Chief Executive Officer of Foot Locker, Inc.), Arturo Gutiérrez Hernández (Chief Executive Officer of Arca Continental, S.A.B.

1Password Surpasses $250 Million in ARR, Propelled by Rapid B2B Growth

Retrieved on: 
Tuesday, September 19, 2023

1Password , a leader in identity security, today announced it has surpassed $250 million in annual recurring revenue (ARR).

Key Points: 
  • 1Password , a leader in identity security, today announced it has surpassed $250 million in annual recurring revenue (ARR).
  • Revenue growth has been bolstered by 1Password’s business segment momentum, with business-to-business revenue growing 50% year-over-year and comprising two-thirds of the company’s total revenue.
  • 1Password launched its business solution five years ago to answer market demand for secure and convenient identity security, and is now adopted across businesses of all sizes.
  • Later this year, users will also be able to sign into 1Password using a passkey, creating the industry’s first fully passwordless experience.

Patrick Spence Joins Snap Inc. Board of Directors

Retrieved on: 
Monday, September 18, 2023

Snap Inc. (NYSE: SNAP) announced today that Patrick Spence, Chief Executive Officer and member of the board of directors of Sonos, Inc. (NASDAQ: SONO), has been appointed to the company's board of directors, effective as of September 14, 2023.

Key Points: 
  • Snap Inc. (NYSE: SNAP) announced today that Patrick Spence, Chief Executive Officer and member of the board of directors of Sonos, Inc. (NASDAQ: SONO), has been appointed to the company's board of directors, effective as of September 14, 2023.
  • “We are excited to welcome Patrick to Snap’s board and we are grateful for the opportunity to benefit from his extensive experience building innovative products,” said Evan Spiegel, co-founder and Chief Executive Officer of Snap Inc.
    “Patrick brings a wealth of experience and expertise to Snap,” said Michael Lynton, Chairperson of the board of directors of Snap Inc. “We look forward to benefiting from his unique perspective and insights in the years to come.”
    “I’m thrilled to join the Snap board and collaborate with Evan, Michael, and my fellow directors to help Snap drive its business forward,” said Spence.
  • “Snap has a proven ability to innovate at the highest level, and I look forward to working with the team.”
    Mr. Spence has served as Chief Executive Officer and member of the board of directors of Sonos, Inc. since January 2017.
  • Mr. Spence holds a BA in business administration from the Ivey Business School at the University of Western Ontario.