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Weekly Twitter Summary (2020-12-13 – 2020-12-19)

  • The end of 2020 is here, it's time to take a break and review your company's strategy to be ready to rock 2021 🤘🚀… https://t.co/cENwNcp8fm 2020-12-14
  • @CV_Labs Thanks for sharing @CV_Labs ❤️ in reply to CV_Labs 2020-12-14
  • What are the key programs and entities in 🇨🇭 and 🇪🇺 supporting #blockchain startups?

    Get an overview from industry… https://t.co/H0CsSejj18 2020-12-14

  • INNOVATION MasterClass is Live💥

    Special thanks to @YouHodler for powering this event! https://t.co/zyq083MmpZ 2020-12-15

  • When #Innovation meets the #Llama🦙🦙🦙

    Which spirit animal do you incorporate at work? https://t.co/fE39YxKo3D 2020-12-15

  • @OConnorAutodesk teaching us proven #innovation 🧠📈techniques & methodologies to accelerate the execution of new inn… https://t.co/GUTNYz2KjQ 2020-12-15
  • Today is the last #CVAvirtualseries of 2⃣0⃣2⃣0⃣🎉

    Join us to learn about 🇨🇭and 🇪🇺 programs & grants available to b… https://t.co/NlKI1HG8id 2020-12-16

  • #BTC crossed $20k for the first time ever! Will 2021 be the year of #Bitcoin? https://t.co/oQrsWAbzy8 2020-12-16
  • RT @EmiMoonsoon: @thecryptovalley @blockchers @_CV_VC_ @MathiasRuch @Alastria_ @delamata2000 @StefanSchmitt_ @fsblockchain @niki_csanyi we… 2020-12-16
  • RT @EmiMoonsoon: Huge congrats to the talented @Ella_Cullen1 & @Threadcounts_ for winning the @blockchers award together with @IoVestigia C… 2020-12-16
  • RT @blockchers: Yesterday we participated in the @thecryptovalley event "European Inititatives fostering blockchain innovation" 🚀Congratula… 2020-12-17
  • RT @Ella_Cullen1: Thank you so much @EmiMoonsoon for your kind words! 🙏 We're always thrilled to be part of another amazing @thecryptovalle… 2020-12-17
  • New #CVApodcast out now!

    Today @CryptoSherazo and @Ficas_ltd founder @AliMizaniOskui discuss #Bitcoin and dive int… https://t.co/AAIq53TWG8 2020-12-17

By Sam Chadwick|2020-12-20T00:54:30+01:00December 20, 2020|Public Announcements|Comments Off on Weekly Twitter Summary (2020-12-13 – 2020-12-19)

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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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