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Brazil falls in Press Freedom Index, now 104th

first_img RSF_en News RSF begins research into mechanisms for protecting journalists in Latin America April 15, 2021 Find out more Organisation Brazil is now ranked 104th out of 180 countries, a position clearly unworthy of a country meant to be a regional model. It was ranked 58th in 2010. Why has this happened? The most important reason is increasing violence against journalists and a lack of political will at the highest level to protect journalists effectively. As well as the fall in the rankings, Brazil’s performance indicator, which measures the level of media freedom violations, rose from 25.78 in 2014 to 31.93 in 2015 – a significant deterioration.The Latin American giant nonetheless remains ahead of some of its regional neighbours such as Ecuador (109th), Guatemala (121st), Colombia (134th), Venezuela (139th), Mexico (149th) and Cuba (174th). In Brazil, an economic recession and political instability have reinforced the main obstacles to media freedom and the climate of hostility towards journalists. At the same time, media ownership continues to be concentrated in the hands of leading industrial families linked to the political class.The problem of Brazil’s “colonels,” which RSF described in 2013 in its report, “The country of 30 Berlusconis,” has continued unabated. The so-called “colonels’ are usually major landowners or industrialists who are also legislators or state governors and who control opinion-making in their regions because, directly or indirectly, they own several local media outlets. As a result, the media are heavily dependent on the centres of economic and political power.Brazilian media coverage of the country’s current political crisis has highlighted the problem. In a barely veiled manner, the leading national media have urged the public to help bring down President Dilma Rousseff. The journalists working for these media groups are clearly subject to the influence of private and partisan interests, and these permanent conflicts of interests are clearly very detrimental to the quality of their reporting.Brazil’s fall in the Index is also the result of the lack of a national mechanism for protecting journalists in danger and for combatting the prevailing impunity for crimes of violence against journalists, which is facilitated by the ubiquitous corruption.With seven journalists murdered in 2015 alone, Brazil continues to be the western hemisphere’s third deadliest country for media personnel, after Mexico and Honduras. All of them were investigating sensitive subjects such as corruption and organized crime.Organized crime’s firm hold on certain regions far from any major city makes covering these subjects particular complicated there, while the failure to punish most murders of journalists encourages their recurrence.Finally, there has been no let-up in the growing problem of military police violence against journalists during street demonstrations, a problem that began in 2013. Both Brazilian and foreign journalists covering demonstrations are often insulted, threatened or arbitrarily detained. They are also often directly targeted by demonstrators, who identify them with the owners of the media they work for.Published annually by RSF since 2002, the World Press Freedom Index measures the level of freedom available to journalists in 180 countries using the following criteria – pluralism, media independence, media environment and self-censorship, legislative environment, transparency, infrastructure, and abuses.Go to the RSF website to find out more about the 2016 World Press Freedom Index and the method used to compile it. Follow the news on Brazil News BrazilAmericas Condemning abusesMedia independence ImpunityViolence 2011-2020: A study of journalist murders in Latin America confirms the importance of strengthening protection policies May 13, 2021 Find out more to go further Reports April 20, 2016 – Updated on November 3, 2016 Brazil falls in Press Freedom Index, now 104th Receive email alerts News Continuing conflicts of interest in the Brazilian media and a very disturbing level of violence against journalists have caused Brazil to fall another five places in the 2016 World Press Freedom Index, published today by Reporters Without Borders (RSF). April 27, 2021 Find out more BrazilAmericas Condemning abusesMedia independence ImpunityViolence Alarm after two journalists murdered in Brazil Help by sharing this information last_img read more

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Pinterest Announces Fourth Quarter and Full Year 2020 Results

first_img $ 1,423,629 ARPU – International (in thousands, except per share amounts) $ Pinterest WhatsApp SAN FRANCISCO–(BUSINESS WIRE)–Feb 4, 2021– Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter and year ended December 31, 2020.Q4 revenue grew 76% year over year to $706 million. 2020 revenue grew 48% year over year to $1,693 million.Global Monthly Active Users (MAUs) grew 37% year over year to 459 million.GAAP net income (loss) was $208 million and $(128) million for Q4 and 2020, respectively. Adjusted EBITDA was $299 million and $305 million for Q4 and 2020, respectively. “We welcomed over 100 million additional monthly active users to Pinterest in 2020, more than any other year in our history, and now we reach more than 450 million monthly active users around the world. I’m proud of our company and the inspiration we’ve been able to bring to so many lives during a trying year,” said Ben Silbermann, CEO and co-founder, Pinterest. “As we look to the future, our focus will continue to be delivering more inspiring and shoppable content and helping advertisers realize the value and positivity of our platform.” “Q4 capped a remarkable year of growth for Pinterest. Continued product innovation, execution and an earlier and longer holiday season helped us deliver 76% year-over-year revenue growth,” said Todd Morgenfeld, CFO and Head of Business Operations, Pinterest. “As we start 2021, we’ll be building on this momentum by continuing to invest in the success of our advertisers as well as a first-class Pinner experience around the globe.” Q4 and Full Year 2020 Financial Highlights The following table summarizes our consolidated financial results (in thousands, except percentages, unaudited): 500,468 920,300 Year Ended December 31, 1,091,076 $ 335 Total current liabilities 2019 Revenue — Revenue (1,361,371) 98 Other investing activities 10,464 Investing activities Sales of marketable securities 361 1,142,761 1,495 420,473 (43,187) $ (321,020) 563,733 1,377,781 % 0.35 2,531,627 76,866 Diluted $ 19,638 2020 17,905 188,251 294,312 37 Total non-GAAP costs and expenses 283 571 4,772 361 Non-GAAP net income (loss)* % $ 86,219 Net cash provided by financing activities Basic $ Total costs and expenses $ Commitments and contingencies (0.06) $ 305,004 $ $ 1,063,679 Accounts payable Adjusted EBITDA margin* 49 294,312 19 % (1,377,781) 1 $ Total current assets ∗ 2,738 Q4 and Full Year 2020 Other Highlights The following table sets forth our revenue, MAUs and average revenue per user (“ARPU”) based on the geographic location of our users (in millions, except ARPU and percentages, unaudited): Non-GAAP net income 247 $ 0.88 239,315 $ Total amortization of acquired intangible assets 1,303 Revenue – Global Basic weighted-average shares used in computing net income (loss) per share attributable to common stockholders 500,468 $ 400 33,502 1,726 $ 305,004 $ 4,128 (2) Pinterest Cost of revenue For more information on these non-GAAP financial measures, please see “―About non-GAAP financial measures” and the tables under “―Reconciliation of GAAP to non-GAAP financial results” included at the end of this release. $ $ $ — $ Revenue – International 1,425 $ 36,988 PINTEREST, INC. $ (128,323) Financing activities 321,020 265,422 $ 2020 443,085 399,898 14,576 25,339 $ 117 % 127,537 459 2019 67 $ $ 2019 (1,854) % MAUs – United States Property and equipment, net $ (17,905) Changes in assets and liabilities: 76 Payment of deferred offering costs and other financing activities 252 4.26 $ 204,831 207,841 $ % 27,791 399,898 (89,500) 539 $ $ (0.06) (1,509) 1.22 Costs and expenses: % 5.94 316,367 46 $ (1,361,371) 542,453 677,743 (35,718) 618,214 Provision for income taxes 350 — 283,210 $ 15.34 $ 12.07 129 367,088 Total liabilities and stockholders’ equity Total liabilities % 2019 0.21 (253,173) $ $ Restricted cash included in prepaid expenses and other current assets $ 2019 120,766 Total assets 669,230 0.54 $ 32,378 Year Ended December 31, $ 4.00 Goodwill and intangible assets, net % 39 Cash and cash equivalents $ Represents assumed noncumulative dividends on undistributed earnings that, if declared, would have been distributed to holders of our redeemable convertible preferred stock. $ 449,358 Effect of exchange rate changes on cash, cash equivalents, and restricted cash Three Months EndedDecember 31, 23,647 31,890 $ 689,194 155,340 420,473 37,522 $ 1,835,162 $ 420,473 2020 — 657 283,210 91,992 — 13,562 158 December 31, 9,110 Prepaid expenses and other assets % (384) 5,925 (1,361,371) 155,916 Other assets $ (33,783) 1,573,200 Current liabilities: $ 208,512 49,491 2020 WhatsApp Accrued expenses and other current liabilities 0.12 618,214 — 76,866 $ $ 0.30 (1,361,371) Other liabilities 22,936 11 1,128,198 (17,401) 1,013 (35,718) $ 596,264 321,020 7,814 $ 689,194 4,229,778 Accumulated other comprehensive income 252 647 1,013 Net cash provided by operating activities 17,905 Twitter 62,097 $ % (56,894) Maturities of marketable securities 7,161 Non-GAAP net income per share 91 88 (28,395) (unaudited) 618,214 Amortization of acquired intangible assets 16,706 $ 283,210 2019 62 1,207,059 General and administrative Cost of revenue Accounts receivable, net of allowances of $8,811 and $2,851 as of December 31, 2020 and 2019, respectively CONDENSED CONSOLIDATED BALANCE SHEETS PINTEREST, INC. 9,110 $ 76 1,152,351 1,377,781 $ — 2020 Research and development 682 1,835,162 606,194 $ $ 139,321 77,165 Share-based compensation 596,264 Three Months EndedDecember 31, $ Revenue – United States 336,803 671 2,480 $ Basic 2,357,541 $ 207,841 Supplemental cash flow information MAUs – International (1,388,866) ASSETS % Accrued property and equipment Facebook (1,360,839) Diluted % 1,509 $ 54,241 $ Cash and cash equivalents Additional paid-in capital (0.22) $ (2,206,726) $ 112,200 Restricted cash 2,609,459 Net cash used in investing activities 135,290 % Change % Change $ $ $ $ Reconciliation of total costs and expenses to non-GAAP costs and expenses: $ $ General and administrative 50 0.43 165,033 1.57 420,473 $ Operating activities 145 Diluted 2020 669,230 283,210 668,965 2,393,317 % $ % 77,308 % Purchases of property and equipment and intangible assets $ 369,612 1,026 69,375 173,392 Prepaid expenses and other current assets Restricted cash $ $ — $ $ Year Ended December 31, Three Months EndedDecember 31,center_img — (475,015) 99 294,312 Operating lease liabilities 27,791 (1,361,371) (127,020) Net income (loss) $ (86,219) Share-based compensation 1,166 ARPU – United States $ % (3,990) 70,980 Interest expense and other income (expense), net Current assets: Twitter 532 360,959 $ 299,182 Stockholders’ equity: 689,194 562,396 Cash, cash equivalents, and restricted cash, beginning of period 1,693 (unaudited) (128,323) Total costs and expenses $ (128,323) (in thousands, except per share amounts) Termination of future lease contract 28,826 $ (3.24) Net income (loss) per share attributable to common stockholders: (30,164) Gives effect to potential common stock instruments such as stock options, unvested restricted stock units and unvested restricted stock awards. Purchases of marketable securities — $ 867,191 (in thousands) Operating lease right-of-use assets obtained in exchange for operating lease liabilities 2,067,234 % Change Net income (loss) (11,331) Income (loss) from operations $ $ $ 2019 0.34 67 $ (unaudited) 86,969 78,282 Marketable securities Shares repurchased for tax withholdings on release of restricted stock units Total share-based compensation 89,500 Net income (loss) Diluted weighted-average shares used in computing non-GAAP net income per share 2019 1,692,658 Operating lease right-of-use assets 316 207,841 329 321,020 636 (35,718) % (1) — Net income (loss) 2,393,317 $ 678,911 Income (loss) before provision for income taxes 2020 $ 46 $ (in thousands, except par value) 2020 205,149 162,198 (44,160) 671 Basic Non-GAAP net income attributable to common stockholders Reconciliation of cash, cash equivalents and restricted cash to condensed consolidated balance sheets 239,517 Proceeds from initial public offering, net of underwriters’ discounts and commissions (unaudited) (in thousands) RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL RESULTS $ 31,758 15,915 611,590 $ $ Total cash, cash equivalents, and restricted cash 1,168 678,911 6 LIABILITIES AND STOCKHOLDERS’ EQUITY 649,666 Sales and marketing (2,335,049) $ (112,200) Provision for income taxes (586,501) 6 Cash, cash equivalents, and restricted cash, end of period 2020 2,023,705 (0.06) View source version on businesswire.com:https://www.businesswire.com/news/home/20210204006034/en/ CONTACT: Investor relations: Doug Clark [email protected] Media: Mike Mayzel [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: ONLINE RETAIL TECHNOLOGY GENERAL ENTERTAINMENT ADVERTISING ENTERTAINMENT COMMUNICATIONS SOCIAL MEDIA RETAIL SOFTWARE INTERNET MOBILE/WIRELESS SOURCE: Pinterest, Inc. Copyright Business Wire 2021. PUB: 02/04/2021 04:05 PM/DISC: 02/04/2021 04:06 PM http://www.businesswire.com/news/home/20210204006034/en $ (635) CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS % 176,157 $ 2,531,627 2,242,371 596,264 2020 129,023 Sales and marketing 96,274 Facebook 3.81 112,200 General and administrative 35,645 % 58,792 % Year Ended December 31, 36,988 677,743 Non-GAAP net income 1,854 $ Three Months EndedDecember 31, (16,119) 1,377,781 Amortization of acquired intangible assets by function: $ $ $ $ 94 2019 15,089 649,666 (0.22) 294,312 $ 4,574,934 420,473 Accounts payable 413,997 21,237 48 $ $ Weighted-average shares used in computing net income (loss) per share attributable to common stockholders: $ % 2019 582 (unaudited) $ $ 532 (1,216,260) Weighted-average shares used in computing net income (loss) per share attributable to common stockholders: 706 (1,075,875) % Share-based compensation 77,308 287 Research and development Local News 327 Adjustments to reconcile net loss to net cash provided by operating activities: Accumulated deficit — (1,495) Pinterest Announces Fourth Quarter and Full Year 2020 Results 2019 443,085 88 94 562,396 15,721 Less: non-GAAP net income allocated to participating securities (1) — 330,501 $ 73,030 $ Operating lease right-of-use assets MAUs – Global Three Months EndedDecember 31, 1,303 377 $ CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS 1,142,761 76,866 $ 42 Reconciliation of net income (loss) to Adjusted EBITDA: Guidance We continue to navigate uncertainty given the ongoing COVID-19 pandemic and other factors. Our current expectation is that Q1 revenue will grow in the low-70% range year over year. We intend to provide further detail on our outlook during the conference call. Our strategic priorities for 2021 include content, the Pinner experience, advertiser success and shopping. We plan to invest in these in the coming year. We expect R&D efforts to continue to focus on Pinner product, ad product and measurement investments. We intend to grow our headcount further, in particular to support our international expansion efforts. We also intend to scale our comprehension and brand marketing efforts in 2021. We think these investments will support long-term growth and continue to build the foundations for a scaled business over time. Webcast and conference call information A live audio webcast of our fourth quarter and full year 2020 earnings release call will be available at investor.pinterestinc.com. The call begins today at 1:30 PM (PT) / 4:30 PM (ET). We have also posted to our investor relations website a letter to shareholders. This press release, including the reconciliations of certain non-GAAP measures to their nearest comparable GAAP measures, letter to shareholders and slide presentation are also available. A recording of the webcast will be available at investor.pinterestinc.com for 90 days. We have used, and intend to continue to use, our investor relations website at investor.pinterestinc.com as a means of disclosing material nonpublic information and for complying with our disclosure obligations under Regulation FD. Forward-looking statements This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, about us and our industry that involve substantial risks and uncertainties, including, among other things, statements about our future operational and financial performance. Words such as “believe,” “project,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “plan” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including: uncertainty regarding the duration and scope of the coronavirus referred to as COVID-19 pandemic; actions governments and businesses take in response to the pandemic, including actions that could affect levels of advertising activity; the impact of the pandemic and actions taken in response to the pandemic on global and regional economies and economic activity; the pace of recovery when the COVID-19 pandemic subsides; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the scope and impact of the recent outbreak of COVID-19 on our planned investments, operations, expenses, revenue, cash flow, liquidity and users; our ability to attract and retain Pinners and engagement levels; our ability to provide useful and relevant content; risks associated with new products and changes to existing products as well as other new business initiatives; our ability to maintain and enhance our brand and reputation; compromises in security; our financial performance and fluctuations in operating results; our dependency on internet search engines’ methodologies and policies; discontinuation, disruptions or outages in authentication by third-party login providers; changes by third-party login providers that restrict our access or ability to identify users; competition; our ability to scale our business and revenue model; our reliance on advertising revenue and our ability to attract and retain advertisers and effectively measure advertising campaigns; our ability to effectively manage growth and expand and monetize our platform internationally; our lack of operating history and ability to attain and sustain profitability; decisions that reduce short-term revenue or profitability or do not produce expected long-term benefits; risks associated with government actions, laws and regulations that could restrict access to our products or impair our business; litigation and government inquiries; privacy, data and other regulatory concerns; our ability to protect our intellectual property; real or perceived inaccuracies in metrics related to our business; disruption, degradation or interference with the hosting services we use and infrastructure; our ability to attract and retain personnel; and the dual class structure of our common stock and its effect of concentrating voting control with stockholders who held our capital stock prior to the completion of our initial public offering. These and other potential risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed in our Annual Report on Form 10-K for the year ended December 31, 2020, which is available on our investor relations website at investor.pinterestinc.com and on the SEC website at www.sec.gov. Additional information will be made available in our Annual Report on Form 10-K and other future reports that we may file with the SEC from time to time, which could cause actual results to vary from expectations. All information provided in this release and in the earnings materials is as of February 4, 2021. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law. About non-GAAP financial measures To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with generally accepted accounting principles in the United States (“GAAP”), we use the following non-GAAP financial measures: Adjusted EBITDA, Adjusted EBITDA margin, non-GAAP costs and expenses (including non-GAAP cost of revenue, research and development, sales and marketing, and general and administrative), non-GAAP income (loss) from operations, non-GAAP net income and non-GAAP net income per share. The presentation of these financial measures is not intended to be considered in isolation, as a substitute for or superior to the financial information prepared and presented in accordance with GAAP. Investors are cautioned that there are material limitations associated with the use of non-GAAP financial measures as an analytical tool. In addition, these measures may be different from non-GAAP financial measures used by other companies, limiting their usefulness for comparative purposes. We compensate for these limitations by providing specific information regarding GAAP amounts excluded from these non-GAAP financial measures. We define Adjusted EBITDA as net income (loss) adjusted to exclude depreciation and amortization expense, share-based compensation expense, interest income, interest expense and other income (expense), net, provision for income taxes and, for the third quarter of 2020, a one-time payment for the termination of a future lease contract. Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by revenue. Non-GAAP costs and expenses (including non-GAAP cost of revenue, research and development, sales and marketing, and general and administrative) and non-GAAP net income exclude amortization of acquired intangible assets, share-based compensation expense and, for the third quarter of 2020, a one-time payment for the termination of a future lease contract. Non-GAAP income (loss) from operations is calculated by subtracting non-GAAP costs and expenses from revenue. Non-GAAP net income per share is calculated by dividing non-GAAP net income by diluted weighted-average shares outstanding. We use Adjusted EBITDA, Adjusted EBITDA margin, non-GAAP costs and expenses, non-GAAP income (loss) from operations, non-GAAP net income and non-GAAP net income per share to evaluate our operating results and for financial and operational decision-making purposes. We believe these non-GAAP financial measures help identify underlying trends in our business that could otherwise be masked by the effect of the income and expenses they exclude. We also believe these non-GAAP financial measures provide useful information about our operating results, enhance the overall understanding of our past performance and future prospects and allow for greater transparency with respect to key metrics we use for financial and operational decision-making. We present these non-GAAP financial measures to assist potential investors in seeing our operating results through the eyes of management and because we believe these measures provide an additional tool for investors to use in comparing our operating results over multiple periods with other companies in our industry. There are a number of limitations related to the use of Adjusted EBITDA, Adjusted EBITDA margin, non-GAAP costs and expenses, non-GAAP income (loss) from operations, non-GAAP net income and non-GAAP net income per share rather than net income (loss), net margin, total costs and expenses, income (loss) from operations, net income (loss) and net income (loss) per share, respectively, the nearest GAAP equivalents. For example, Adjusted EBITDA excludes certain recurring, non-cash charges such as depreciation of fixed assets and amortization of acquired intangible assets, although these assets may have to be replaced in the future, and share-based compensation expense, which has been, and will continue to be for the foreseeable future, a significant recurring expense and an important part of our compensation strategy. For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, please see the tables under “―Reconciliation of GAAP to non-GAAP financial results” included at the end of this release. Limitation of key metrics and other data The numbers for our key metrics, which include our MAUs and ARPU, are calculated using internal company data based on the activity of user accounts. We define a monthly active user as an authenticated Pinterest user who visits our website, opens our mobile application or interacts with Pinterest through one of our browser or site extensions, such as the Save button, at least once during the 30-day period ending on the date of measurement. We present MAUs based on the number of MAUs measured on the last day of the current period. We define ARPU as our total revenue in a given geography during a period divided by the average of the number of MAUs in that geography during the period. We calculate average MAUs based on the average between the number of MAUs measured on the last day of the current period and the last day prior to the beginning of the current period. We calculate ARPU by geography based on our estimate of the geography in which revenue-generating activities occur. We use these metrics to assess the growth and health of the overall business and believe that MAUs and ARPU best reflect our ability to attract, retain, engage and monetize our users, and thereby drive revenue. While these numbers are based on what we believe to be reasonable estimates of our user base for the applicable period of measurement, there are inherent challenges in measuring usage of our products across large online and mobile populations around the world. In addition, we are continually seeking to improve our estimates of our user base, and such estimates may change due to improvements or changes in technology or our methodology. 1,143 $ 677,743 86,219 Proceeds from exercise of stock options, net $ ARPU – Global 562,396 $ 596,264 (8,141) Depreciation and amortization TAGS  Interest expense and other (income) expense, net 1,482 133 1,377,781 2,137 48 354,075 Interest income 218,718 1,692,658 Termination of future lease contract 820 $ $ 384 Other 2019 $ Adjusted EBITDA $ 596,264 442,807 $ 16,706 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL RESULTS 18 Accrued expenses and other liabilities — — Year Ended December 31, 705,617 41,898 112,200 Reconciliation of net income (loss) to non-GAAP net income: $ Share-based compensation by function: 11,080 % 163,710 Accounts receivable 11,842 562,396 0.30 37 86,219 Share-based compensation Amortization of acquired intangible assets Operating lease liabilities $ 705,617 (252) $ 1,495 7,865 (128,323) Depreciation and amortization 335 (3.24) Year Ended December 31, $ (47,623) $ 76,866 (2,137) $ Diluted 20,063 207,841 Class A common stock, $0.00001 par value, 6,666,667 shares authorized, 530,140 and 360,850 shares issued and outstanding as of December 31, 2020 and 2019, respectively; Class B common stock, $0.00001 par value, 1,333,333 shares authorized, 96,232 and 209,054 shares issued and outstanding as of December 31, 2020 and 2019, respectively 321,020 539 % 2020 $ Net increase in cash, cash equivalents, and restricted cash $ 3,955 — 11 11,636 76,387 % (133) 8,295 30,164 Adjusted EBITDA* % Change $ By Digital AIM Web Support – March 4, 2021 — % 0.34 16,119 (1,750) 0.42 420,473 29 (35,179) $ 384 (35,718) $ Basic $ Total stockholders’ equity (3.24) (0.06) (0.22) (0.22) 247 Termination of future lease contract 123 (142,504) 8,141 Cost of revenue 639,561 1,816 459 % (3.24) 635 141,823 $ Net loss $ Weighted-average dilutive securities (2) (1,013) Net income (loss) per share attributable to common stockholders: 72,701 89,500 $ PINTEREST, INC. 27 % 290 $ 358,903 % 268 Interest income 25,339 17,905 34,334 41,344 2,018 299,182 98 (94,224) 2020 2,609,459 $ 12 (128,323) 562,396 Previous articleNexa3D Expands Partnership with Henkel to Fast-Track New Class of Photoplastics for Higher Performance 3D PrintingNext articleBio-soluble Fiber Market to grow by $1.56 bn in 2021, ALFISO and Beijing SUPER International Trade Co. Ltd. emerge as Key Contributors to Growth | Technavio Digital AIM Web Supportlast_img read more

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NI Executive should consider recommending cloth masks – SDLP

first_img Pinterest Google+ By News Highland – April 29, 2020 The SDLP wants health authorities in the North to consider advising the public to cover their faces when they’re out and about.The party says the Scottish government’s “decisive intervention” on the use of masks will help prevent transmission where people slip up with social distancing.In the Republic, chief medical officer Tony Holohan said the same measure’s under consideration – but supplies of masks for healthcare workers need to be protected.SDLP leader Colum Eastwood says encouraging voluntary use of cloth masks could help……….Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2020/04/eastmask.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. NI Executive should consider recommending cloth masks – SDLP Twitter Derry draw with Pats: Higgins & Thomson Reaction WhatsApp FT Report: Derry City 2 St Pats 2 RELATED ARTICLESMORE FROM AUTHOR Pinterest Facebookcenter_img AudioHomepage BannerNews WhatsApp Harps come back to win in Waterford Previous articleRestaurants and cafes could open by mid-summerNext articleChild Psychologist waiting lists still high in Donegal News Highland Facebook Journey home will be easier – Paul Hegarty Google+ Twitter DL Debate – 24/05/21 News, Sport and Obituaries on Monday May 24thlast_img read more

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GasLog adds independent director to BoD

first_imgGasLog fleet consists of 35 LNG carriers. Of these vessels, 19 are owned by GasLog, 15 of which are on the water and four on order. One vessel has been sold to a unit of Mitsui Co. and leased back by GasLog under a long-term bareboat charter. The remaining 15 LNG carriers are owned by the company’s unit, GasLog Partners Holth also holds several board positions, including independent director of Maersk Drilling since April 2020. From 2017 to 2020 Kristin Holth served as executive vice president and global head of Ocean Industries in DNB Bank. LNG shipper GasLog has made an addition to its board of directors. The company said it has named Kristin Holth as an independent director to the board with immediate effect. Courtesy of GasLog GasLog further noted in its statement that Holth has significant experience in capital markets and funding and has held numerous management positions within DNB. These positions include global head of shipping, offshore & logistics for 4 years and general manager & head of DNB Americas for 6 years.last_img read more

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Cornered: Stiff competition between Thomas, Anderson leaves SU coaches with tough decision

first_img Comments Just days after they had both committed separately to play safety for Syracuse on Jan. 23, 2009, Phillip Thomas and Rishard Anderson met at 3261 SW 160th Ave. in Miramar, Fla. At a Benihana. It was there at the sushi bar the two future SU defensive backs got to know each other.They exchanged phone numbers. They discovered they had some of the same friends, thanks to the 18 miles that separated their hometowns. And for the first time, Thomas and Anderson –– who both stand at 6 feet and are only separated by 6 pounds –– were able to size up in person their prime competition for playing time in the Orange secondary.‘It was like I already knew him, basically,’ Anderson said after practice Monday. ‘Same lifestyle, same friends.’Flash forward 14 months, and the two mirror-image defensive backs are competing against one another for a starting position at cornerback. The two rising sophomores have been splitting reps through the first half of spring practice at the No. 2 cornerback position in perhaps the most tightly contested position battle of the spring for the Orange.AdvertisementThis is placeholder textThe first week of practice, Thomas saw the majority of the snaps with the first-team defense opposite No. 1 corner Da’Mon Merkerson. Throughout the second week, Anderson had his turn with the first team. And Monday, the first day of the third week of practice, it was more of the same. Thomas lined up at corner 31 times during the last half of practice. Anderson lined up at the same No. 2 corner spot 41 times. Thomas also shared time on the field with Anderson at a safety position when SU switched to its ‘Okie’ dime defense.As of Monday, both were still jockeying for that starting spot.‘Really, I’m not disappointed with any of the players who are playing in the defensive backfield,’ SU head coach Doug Marrone said. ‘All we are trying to do is create that versatility because we go in with two types of packages.’Thomas and Anderson head into their sophomore years a little more than a year after that sushi dinner with game experience as freshmen last fall. Thomas saw much more time on the field, as the Miami native started three out of 11 games played in 2009, registering 29 tackles in the process. Anderson played in seven games and recorded six tackles.Through the first two weeks of spring practice, the battle between Anderson and Thomas at the cornerback position has epitomized best what Marrone has preached every day at practice. It’s the same thing he harped on last week after Thomas got into a fight with tight end Nick Provo: ‘Be competitive, but not combative.’Between each other, Thomas and Anderson have come up with their own mantra. Each recited it multiple times after practice Monday. It’s advice they trade throughout their fight for the No. 2 cornerback position: ‘May the best man win.’At practice on Monday, both Thomas and Anderson played like the same man, like two 6-foot, 180-pound mirror-images from southeast Florida. Over the course of the last hour and a half of practice, the receivers both Thomas and Anderson matched up against were thrown to just a handful of times.Only once was either Anderson or Thomas burned deep from that cornerback position. Anderson gave up a 40-yard reception to transfer wide receiver Aaron Weaver. But Anderson made up for it several plays later, as he recovered to bat a pass out of rising junior wide receiver Marcus Sales’ hands.‘At first, it was like we had to be brothers because we both came in together,’ Thomas said. ‘We didn’t know what was going to happen.’If you ask Syracuse’s No. 1 receiver, Alec Lemon, he’ll tell you the same thing Thomas and Anderson recite. To Lemon, Thomas and Anderson resemble each other. Sometimes, even too much for the rising sophomore Lemon to realize the difference at the line of scrimmage.For the receiver, it has become the equivalent of a guessing game.‘With them switching in and out it’s kind of hard,’ Lemon said. ‘Going to the left side, I see Da’Mon Merkerson, and then going to the right side, I see (Thomas). And the next series I’m coming in and seeing (Anderson). So with them coming in, I give them each a different technique.’But once Lemon breaks his teammates down, the differences between Anderson and Thomas finally begin to surface. The mirror reflecting the two defensive backs from Florida becomes a little foggier.Lemon notes that Thomas, his roommate, forces receivers to the outside more, always shading them to the sideline, whereas Anderson plays Lemon straight up. Lemon also cites Thomas’ strength –– especially his hand strength –– as an attribute. Anderson’s greatest attribute, Lemon feels, is his quick feet. It is that pair of quick feet for Anderson that allows the cornerback to face Lemon at a straight 180-degree angle. It’s a distinct difference in angles between the two that keeps Lemon on his toes as he shifts his technique when lined up against Thomas versus Anderson.It is that element of surprise between Thomas and Anderson that the two cornerbacks hope will enable them both to see a large majority of time on the field this fall.‘At the end of the day, we are both going to go out and play,’ Anderson said. ‘Just because one of us is starting doesn’t mean the other one isn’t going to play. So let the best man win.’But there it is again, that mantra between Thomas and Anderson of the ‘best man winning.’And by the start of the 2010 season, there has to be a ‘best man’ who will have won the spot. With the return of injured rising senior safety Max Suter, injured rising junior cornerback Kevyn Scott and rising sophomore defensive back Dorian Graham, the fate of both Thomas and Anderson is cut and dry.Only one can start at cornerback.But until that decision is made, both Thomas and Anderson will recite the same thing to each other.Said Anderson: ‘Like Phillip said, may the best man win.’[email protected] Published on April 5, 2010 at 12:00 pmcenter_img Facebook Twitter Google+last_img read more

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UW Athletics: A look at successful fall 2019 in UW Athletics

first_imgThe University of Wisconsin had one of the most impressive athletic semesters in school history in fall 2019. Behind strong performances in sports ranging from football to volleyball, the Badgers impressed on the field, court, ice, mat and track. Let’s take a look at the semester that was in UW sports, starting with the teams whose seasons are over.Men’s Cross Country:The men’s cross country season was up to expectations entering the season. With the team coming off a top 10 finish in the NCAA Championships last season, they were expected to repeat with a similar performance this season.The team did lose several seniors from last season, but the team fought through adversity and finished near the top of each tournament they participated in. They then moved on to take first place at the Big Ten Championships before finishing 18th nationally at the NCAA Championships.Behind seniors Oliver Hoare and Olin Hacker, the team met expectations from the moment the season started back in September.Women’s Cross Country:Like the men’s team, the women’s cross country squad performed well on the big stage in November.Led by seniors Alicia Monson, Amy Davis and Alissa Niggemann, the Badgers finished in seventh place at the NCAA Championships. Monson finished second overall, UW’s highest individual finisher since 2014.The Badgers also had two sophomores and two freshmen run at the tournament, so expect a young core to take over for the senior trio next season.Cross Country: Badgers strive to build upon success this fallThe men’s team had an extremely successful season on the track, capturing both the Big Ten team and individual titles. Read…Men’s Soccer:Unlike many of the other fall sports that Wisconsin participates in, the men’s soccer team underperformed mightily in 2019.Despite finishing with a 6-2 record in Big Ten play and a win in the Big Ten Tournament last season, the team didn’t record a victory against Big Ten competition until their last game of the regular season.With several seniors departing after this season, don’t be surprised if Wisconsin struggles again next year before taking a step forward in 2021.Men’s Soccer: Wisconsin falls to Penn State in Big Ten TournamentThe University of Wisconsin’s men’s soccer team, needing a miracle run through the Big Ten in order to reach the Read…Women’s Soccer:The women’s soccer team made the NCAA Tournament for the fourth straight year, marking the first such streak in school history. Led by senior Dani Rhodes and goalie Jordyn Bloomer, the team made it all the way to the Sweet 16 in the tournament.Ranked in the top 10 at season’s end, the Badgers impressed en route to a Big Ten Championship.Expect some regression with the loss of key seniors like Rhodes, but Wisconsin should return to the NCAA Tournament again next year.Women’s Soccer: How Badgers became dependent on Dani RhodesStar forward Dani Rhodes made her mark in Madison the moment she stepped onto the field as a freshman. The Read…Men’s Basketball:While the men’s basketball season has only endured a month’s worth of games thus far, it’s clear that this Wisconsin team is one of the weakest in several years.Standing at just 5-4 on the season, the team has struggled offensively despite carrying a roster loaded with players who are capable of shooting, including juniors D’Mitrik Trice and Brad Davison.Wisconsin will need to figure out their shooting struggles and turnover troubles as they get deeper in their schedule, when they’ll be faced with top Big Ten teams like The Ohio State University, Michigan State, Maryland and Michigan.Men’s Basketball: Wisconsin bounces back, rolls over Indiana in dominant winWhile all of Madison was focused on the Big Ten’s football championship in Indianapolis on Saturday, the University of Wisconsin Read…Women’s Basketball:The women’s basketball team has performed to expectations through just over a month of their schedule, standing at 5-3 as of Dec. 7.Led by sophomore Imani Lewis, the team has yet to lose a home game and even came within four points of winning against ranked Arkansas. Lewis is leading the team with 13.6 points per game and 7.5 rebounds per game.If Wisconsin is able to keep playing up to par with their opponents, they may finally earn an appearance in the NCAA Tournament, an achievement they haven’t attained since the 2009-10 season.Women’s Basketball: Badgers primed for breakout seasonAfter taking over during 2016-2017, University of Wisconsin-Madison women’s basketball Head Coach Jonathan Tsipis had a lot of work on Read…Men’s Hockey:In previous years, the men’s hockey team has underperformed greatly, failing to reach the NCAA Tournament since the 2013-2014 season.This season, however, it looks like Wisconsin may make a return. Despite having a losing record to this point, the Badgers have held their own against an extremely tough schedule, featuring several top 10 opponents.Led by freshman phenom Cole Caufield, the Badgers will look to turn their record around in Big Ten play in order to remain in position for a tournament appearance.Men’s Hockey: Inconsistencies continue to plague Wisconsin against MinnesotaThe No. 19 University of Wisconsin men’s hockey team (6-7-1, 1-4-1-1 Big Ten) struggled immensely against the University of Minnesota Read…Women’s Hockey:Women’s hockey has gone just as anyone would have expected considering their dominance over the last two decades, specifically under Head Coach Mark Johnson.Coming off an NCAA Championship season last year, the No. 1 Badgers have gone 18-1-1 through a little over two months of play, with their lone loss coming to No. 2 Minnesota.Led by the trio of Abby Roque, Sophie Shirley and Daryl Watts, the Badgers are again performing at a high level as they gear up for another NCAA Tournament run.Women’s Hockey: Wisconsin extends win streak to four games with victories over St. Cloud StateThe No. 2 University of Wisconsin women’s hockey team (14-1-1, 8-1-1 WCHA) traveled to St. Cloud to take on their Read…Football:The football team has had what can be described as a rollercoaster season, but it’s safe to say it has been successful considering last season’s struggles.Despite losing to Illinois and OSU in October, the team finished the regular season at 10-2, including wins late in the season to ranked teams in Iowa and Minnesota to win the Big Ten West.Following another loss to OSU over the weekend in the Big Ten Championship, the Badgers will be heading to Pasadena for the Rose Bowl, where they’ll be matched up with the Oregon Ducks, the 2019 Pac-12 Champion.Football: Wisconsin’s Rose Bowl projections in ruthless Big Ten landscapeThe Wisconsin Badgers pulled off the feat of capturing the Big Ten West title despite the fact that both Iowa Read…Volleyball:The UW volleyball team turned their season around in a major way following a 4-4 start. While Wisconsin struggled early in the season to win against high-quality opponents, they flipped the trend during Big Ten play.Volleyball: Badgers continue reign atop Big Ten with pair of sweepsThe Wisconsin volleyball team (21-5, 17-1 Big Ten) concluded their regular season home matches with sweeps of the Iowa Hawkeyes Read…Finishing with an 18-2 record in Big Ten play, the Badgers earned the No. 4 overall seed in the NCAA Tournament, hosting several games in their corner of the bracket.Led by two-time All American Dana Rettke and a supporting cast that improved with age, Wisconsin had one of their most impressive regular seasons to date, and they’ll look to continue that performance through the NCAA Tournament.last_img read more

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