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Weekly Twitter Summary (2018-03-18 – 2018-03-24)

  • Keep your finger on the pulse of the latest #cryptocurrency and #blockchain developments with our free news aggrega… https://t.co/JNvSRP5cFu 2018-03-18
  • Want to present your #blockchain project/startup/research to a group of like-minded individuals? Association membe… https://t.co/D47XAG894H 2018-03-19
  • The evolution of the Crypto Valley #blockchain ecosystem mapped by @Lakeside_Prtnrs https://t.co/AFiWtx3lyO 2018-03-19
  • https://t.co/n1NbtczsJ1 2018-03-19
  • Paying founders or devs in crypto: what do you need to know? New CVA blog post from #kpmg #blockchain… https://t.co/KY8PNrU4a2 2018-03-19
  • Want to discuss cutting edge technologies with other #blockchain developers. Join our Coder events… https://t.co/hK9GDMHn4m 2018-03-19
  • Looking for staff for your #blockchain startup? Or want to advertise an open post? Association members can advertis… https://t.co/ta7onQZ4NP 2018-03-21
  • Do you agree with the consensus on the USD price of Bitcoin (BTC) at 12:00pm CET on December 31st 2018?… https://t.co/WYJ1r2GI1s 2018-03-21
  • Excellent turnout for FINMA Roundtable on ICOs in Geneva. #blockchain #ico #regulation #switzerland https://t.co/MSWBWJMw0f 2018-03-21
  • RT @SahraBrean: Q&A #Finma roundtable about #ICOs ! Thanks @thecryptovalley for making this possible in #Geneva. @RisingThinkTech @cyrillap… 2018-03-21
  • RT @CVS_Network: "Blockchain is a team sport". A high-profile dutch delegation is visiting #cryptovalley today and learning about success f… 2018-03-22
  • Submit your pitch to the #blockchain challenge by 30 April 2018 for a chance to compete in front of leading investo… https://t.co/TQr0U0ir6W 2018-03-23
  • Are you a #blockchain or #crypto investor interested in high quality #startups deal flow from the Crypto Valley? A… https://t.co/XmA6Ve2zf7 2018-03-23
  • Is #Switzerland becoming a new global #crypto hub for #blockchain companies? Let's find out at #CryptoSummit by… https://t.co/MJYoR8G0qs 2018-03-24
  • https://t.co/mBEuuRI0YP is pleased to announce that Alex Tapscott will be joining us for an informal reception at t… https://t.co/uhOnSnrtjG 2018-03-24
By Sam Chadwick|2018-03-25T00:52:46+01:00March 25, 2018|Public Announcements|Comments Off on Weekly Twitter Summary (2018-03-18 – 2018-03-24)

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About the Author: Sam Chadwick

Financial information is king and Thomson Reuters Corporation holds the crown. The company is the market leader in financial data (ahead of rival information provider Bloomberg). Thomson Reuters provides electronic information and services to businesses and professionals worldwide, serving the financial services, media, legal, tax and accounting, and science markets. Data is primarily offered online, and to a lesser extent via CD-ROM and print formats; nearly all revenues come from subscription sales to its plethora of offerings. Thomson Reuters was created in 2008 as the result of the $16 billion cash and stock purchase of news service Reuters by information provider The Thomson Corporation. Operations The company is organized into four business units. Its Financial & Risk segment accounted for more than 50% of total net sales in fiscal 2014. The segment provides news, information, and analytics to financial institutions. The company's Legal segment provides online and print information, decision tools, software, and services that support legal, investigation, business, and government professionals. The Legal unit accounted for more than 25% of total net sales in fiscal 2014. Thomson Reuters' Tax & Accounting segment offers integrated tax compliance and accounting information, software, and services to accounting firms, corporations, law firms, and governments. The unit accounted for 11% of total net sales in fiscal 2014. The company's Intellectual Property & Science segment provides comprehensive intellectual property and scientific information, decision support tools, and services to governments, academia, publishers, corporations, and law firms. The Intellectual Property & Science unit accounted for 8% of total net sales in fiscal 2014. Geographic Reach Thomson Reuters has a truly global scale indeed. The company operates in more than 100 countries, and more than 40% of revenues come from outside the Americas. The business has US offices in Connecticut, Massachusetts, Minnesota, New York, and Texas, and international offices in London and Bangalore, India. Sales and Marketing Thomson Reuters sells its products and services directly to its customers. In addition, it has been successful in selling some of its products and services online directly to customers. Focusing some of the marketing and sales efforts online has allowed it to broaden the range of customers and reduce sales and marketing costs. Financial Performance In fiscal 2014 Thomson Reuters' revenue was $12.6 billion. That was a decrease of $95 million compared to fiscal 2013. The primary reason for the drop was decreased sales from the company's Financial & Risk unit partially offset by increased sales from the Tax & Accounting segment. The company's net income was $1.9 billion in fiscal 2014. That was a dramatic increase compared to the previous fiscal period. The primary reason was due to decreased operating expenses. Thomson Reuters ended fiscal 2014 with $2.3 billion in cash on hand from operations. That was an increase of $263 million compared to the prior fiscal year. Strategy The company's growth strategy mainly involves developing new products, services, applications, and functionalities to better meet its customers' needs.

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