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Weekly Twitter Summary (2021-09-26 – 2021-10-02)

  • We're very excited to announce that @ambresoub, CEO of @KaikoData will be one of our keynote speakers at the… https://t.co/PVjj4InIzA 2021-09-27
  • What a pleasure to welcome Zug-based hosting provider for green♻️cryptocurrency mining @BitRiverMining in our CVA e… https://t.co/UhBYERb3vf 2021-09-27
  • Are you ready🚀?! Two days full of:
    🔹subject oriented #blockchain master classes
    🔹sate-of-the-art presentations & pa… https://t.co/wtm0Y3Dg1T 2021-09-28
  • News that are music to our ears🎶🎉!

    The Swiss Financial Market Supervisory Authority (FINMA) has approved Switzerla… https://t.co/2QrJsnQwrW 2021-09-29

  • Don't miss the nomination DEADLINE for Tokenized Assets & Digitized Securities Awards @TADSAwards 🗓️⏰ Sept 30th!… https://t.co/uM4JhP1vmZ 2021-09-29
  • Bringing our ecosystem together, helping people and companies collaborate is one of CVA's main missions.

    We're so… https://t.co/WBTyJyAvCo 2021-09-29

  • How do #DAOs function, maintain accountability & create value for their communities? We dive into the topic in the… https://t.co/xXNRREHJrz 2021-09-30
  • #Crypto is bringing #stamp collecting back into fashion! And this won’t be like your grandma’s stamp collection…it… https://t.co/WkLteqkana 2021-09-30
  • RT @AlienWorlds: 🙌 Thank you, @thecryptovalley and #CVApodcast for hosting a great conversation featuring Alien Worlds CEO and Co-founder!… 2021-10-01
  • RT @D4Aconf: 📣 Announcing new #D4ASpeaker

    We are excited to announce that Sheraz Ahmed (@CryptoSherazo ), Head of Business Development at… 2021-10-01

  • RT @CryptoSherazo: Episode 1️⃣0️⃣ of Season Three is all about Decentralized Autonomous Organizations (#DAO)

    Special guest, Saro M. CEO &… 2021-10-01

  • Only 28 days until #CryptoValleyConference21! @nathan_kaiser from @SDX_global will join us on the much anticipated… https://t.co/sBkhO7Sszq 2021-10-01
By Sam Chadwick|2021-10-03T00:54:36+02:00October 3, 2021|Public Announcements|Comments Off on Weekly Twitter Summary (2021-09-26 – 2021-10-02)

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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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