Twitter Releases Better Than Expected Third Quarter Results

Social media company Twitter’s stock immediately rose 4 percent after releasing better than expected earnings for the third quarter. In addition to Twitter’s better than expected earnings, this company announced that it will layoff 9 percent of their total workforce.

 

Twitter earned $616 million in revenue in the third quarter. Analysts were expecting a revenue around $606 million. Also, this company adjusted 13 cents per share, which was four cents higher than analysts’ predictions.

 

This social media company has had trouble getting new monthly active users to join their site in recent years. This quarter the social media company added a decent 4 million monthly active users, which gives Twitter a total community of around 317 million active users. The company also said that their daily user growth was accelerating by 7 percent in the most recent quarter.

 

Earlier in the week, Twitter executives said they would laying off 8 percent of their workforce. Apparently that number rose by 1 percent since that date. This 9 percent layoff translates to 350 Twitter employees. Executives hope these layoffs will streamline certain areas of Twitter’s business so they can operate more efficiently in the future.

 

Twitter said that this layoff was a part of a larger restructuring project. The Twitter team wants to make more partnerships and reorganize their marketing and sales teams. They also hope this restructuring will help them reach GAAP profitability by next year.

 

Twitter CEO Jack Dorsey told reporters he believes this quarter’s great numbers are attributable to the company’s focus on enhancing Twitter’s new feed, improving the response to harassment issues, and offering more live and streaming videos via Periscope.

 

Twitter’s stock (ticker TWTR) is currently hovering around $17.50.

 

 

Keith Mann and Dynamics Search Partners Committed to Improving Education

Keith Mann is a New York-based entrepreneur and the managing director of Dynamics Search Partners, one of the largest staffing agencies dedicated to finding the highest quality talent for firms in the hedge fund industry. Since 2013, Keith Mann and Dynamics Search Partners have been working with the Uncommon Schools of New York to raise money and further improve the excellent urban public charter schools that the Uncommon Schools of New York program create and manage.

As experts in recruitment, Mann and his staff have offered their expertise to students in helping them learn practical skills that will help them succeed in college and ultimately in their careers. When touring one school, Mann and other DSP representatives joined in on classes and met with each senior individually, answering questions about college, internships, and how to achieve future career goals. They even offered to continue reviewing resumes via email throughout the year, which students were thrilled about. DSP has also been integral to supporting the school financially. DSP contributed $10,000 to the school in 2013, and more recently in May of 2016, Mann and DSP helped raise over $22K for the Uncommon Schools of New York program. Naturally, the fundraising is important, but the on-going platform between students and Dynamics Search Partners is the most valuable product of the partnership.

More on Keith Mann:

http://www.hedgefundemployment.com/hedge-fund-opportunities.php   

https://ideamensch.com/keith-mann/   

Jason Halpern: An American businessman

Jason Halpern is an American businessman who has investment mainly in real estate. He was born on January 1, 1975. He is the founder and the managing partner of JMH Development. JMH is a family business that Jason founded in the 1990s. In 2010, Jason Halpern took control of JMH Developments. JMH developments are involved in developing properties for both commercial and rental purposes. The developments by JMH are well known because of their innovativeness. They are also located at well-placed locations which make them prime. Most properties that JMH create have proved their uniqueness in the United States real estate market. Other than developing from the start, they are also involved in renovation and restoration of historic properties. Currently, the firm has properties valued at $500 million in New York state projects.

jason-halpern-and-friends

Under the leadership of Jason Halpern, JMH developments have grown fast since 2010. His primary role at the firm is being the principal. Many of JMH properties are in flourishing markets such as Brooklyn and Miami. Halpern’s innovative approach in developing luxury properties has given the firm an edge in the real estate market. The JMH team which is led by Halpern is well versed with all aspects of development. These aspects include strategizing, branding and marketing. Halpern has led the company to focus on restoring of historic properties. This has been their philosophy since the inception of JMH.

jason-halpern-lounge

One of the recent development by the company was the Aloft South Beach hotel in Miami. The hotel was to be opened early in 2015. This development was the restoration of the historic Motel Ankara. Motel Ankara was built in 1954 by Reiff and Feldman. The Aloft South Beach was to be the first newly constructed hotel from year 2009. The hotel name was changed to The Gates Hotel South Beach after changing the ownership. Jason Halpern says that the hotel was sold for 105 million dollars which can be approximated to 447,000 dollars per room.
Halpern and his team combine their knowledge of the market, their exceptional development skills and experience to develop high-quality properties that stand the proof of time. Besides being the principal of JMH, Jason Halpern is also the director at Parametric Dining LLC. The company is based in Philadelphia, Pennsylvania. It was founded in 2012. Its two co-founders are Mr. Geoffrey Johnson and Mr. Jonathan Fiene. The company is a mobile technology company. It deals with creating software and interfaces for restaurants. Jason is undoubtedly one of the best leaders in the real estate industry in the USA. His vast experience has been instrumental in the success of JMH where he is the principle.

jason-halpern-shirt

PayPal Is Expanding Its Reach Into Various Social Media Platforms

In a recent blog post, PayPal Holdings executives announced that they will be integrating a bit more with social media giant Facebook. Although users of Facebook could already use PayPal for services like paying for an Uber ride, now users of Facebook’s Messenger app will be able to pay various merchants on their online shops directly.

 

Facebook executives greeted this further partnership with excitement. They said they will welcome further integration with various payment services in the future.

 

Analysts believe that putting payments into social messaging may be the future for American transactions. Actually, the USA lags behind China in this regard. Many Chinese currently use chats or posts to directly exchange payments. With an average of one billion messages sent per month on the Messenger app, it certainly behooves PayPal to get involved with Facebook early on before the USA moves increasingly towards paying through messages.

 

Many people in the payment space have feared that tech companies might destabilize older businesses with new payment technologies and apps. However, this latest deal with PayPal shows that it might be more plausible for tech companies to make deals with those already established in the payment space.

 

PayPal representatives said that they believe tech companies will increasingly look to professional payment companies to integrate with since, as they put it, payment transactions are very difficult to handle nowadays. PayPal thinks that financial service companies should have no worries of Apple, Google, or Facebook taking over, since these tech companies really need the financial expertise only professional payment processing companies possess.

 

PayPal’s grand plan with this deal is to further drive their volume against competitors. PayPal also currently owns Venmo, another popular payment app that has transferred some $20 billion this year alone.

 

PayPal has been aggressive in forming alliances with Chinese giant Alibaba as well as the social media site Pinterest in recent months. PayPal hopes to make a strong foothold in these markets to be thede factoe-payment method for millennials.

 

Executives at PayPal have even been getting closer with Apple executives in recent years. Of course, Apple currently offers an Apple Pay service that competes with PayPal, but PayPal now owns Braintree payments software that allows merchants to use Apple Pay. Also, Apple allows Venmo to be used via their Apple iMessage service. People can even ask Siri, the voice-recognition software on Apple’s iPhone, to send money to a relative or friend via Venmo.

 

All of these deals make it clear that PayPal wants to dominate the 21st century’s digital wallet, especially on social media sites. PayPal’s stock (ticker PYPL) is currently trading around $43.

Social Media Recruiting: What Companies Are Doing To Avoid Legal Pitfalls

There is no doubt that social media is transforming the way people do business—and the trend extends beyond marketing. A number of companies are turning to social media to assist with their hiring processes. In fact, according to the Society for Human Resource Management’s survey, 84% of organizations are currently using social media to screen candidates.

 

However, there are legal risks involved in the process: for instance, a simple Facebook photo can reveal certain protected characteristics such as race, gender, disability, and age that employers are not allowed to consider when recruiting.

 

Even so, many recruiters have devised a lot of ways to avoid potential legal pitfalls when recruiting via social media, including:

 

Expanding their applicants pool

 

Over 80% of companies are using social media to recruit passive job candidates—who aren’t currently looking for jobs—and to screen candidates who are being interviewed for certain positions. They believe that social media provide a good platform to reach highly qualified candidates that can sometimes be daunting to find through conventional recruiting channels.

 

Treating social media like other recruitment tools

 

Many recruiters are not turning to social media as the only recruitment tool. They are also integrating traditional channels such as career fairs and job boards so as not to block candidates who don’t use social media or who lack strong social media presence.

 

On the whole, the message is delivered; while it isn’t fair to use social media to make employment decisions, employers continue to use it as an extension to candidates’ resume and a as conversation starter to give them a deeper understanding of the potential candidates.

This Young Woman’s Branded Stories and Colorful Artwork Are Making Her a Wealthy Individual

Whenever I come across an article about different aspects of the business side of social media, I usually try to read it. Earlier today, I read a fascinating current article that is all about a young woman who is earning large amounts of money by posting content on Snapchat.

The article tells how a young woman named Cyrene Quiamco from Little Rock, Arkansas started experimenting with the Snapchat app a few years ago. Seeing the app as a viable outlet for creating art, she began to take screenshots of memorable Snapchat posts from herself as well as from other users.

When Ms. Quiamco started assembling the posts on her personal blog, her following greatly increased, and she began to attract attention from high profile advertisers. Her content is bright and colorful, featuring lots of simple, fun artwork.

One of her early projects involved posting a “selfie” photo where she was accompanied by a drawing of pop star Kevin Jonas. Her work caught the attention of Mr. Jonas, and a major television network asked her if she could do more of these selfies, with various celebrities.

Ms. Quiamco understands that an important factor in drawing and keeping lots of users interested in the content you produce is realizing that many people today have short attention spans.

This young entrepreneur features three to four branded stories on her channel every month, and she amasses more than 70,000 views on Snapchat every day. Between the branded stories she writes, consulting work, and speaking engagements, Cyrene Quiamco claims to be earning approximately $500,000 per year. Nice work, if you can get it.

 

 

Facebook Has Launched Workplace, a Private Social Network for Enterprises

Facebook has recently launched Workplace, a private social network for businesses. Contrary to the conventional reasons for using Facebook at work (distractions), Workplace is different—it aims to provide employees with a platform to professionally chat with their colleagues in a bid to get work done.

Unlike the normal version of Facebook, the platform isn’t connected to users’ existing accounts and is ads-free. Instead, organizations sign up and pay a monthly fee, which is based on the number of its users. It is free for educational institutions and non-profit organizations.

New Corporate Features

Besides the normal features found in the regular version of Facebook such as groups chats, video calls, news feeds, and live video among others, Workplace has a few new corporate extras such as single sign-on, dashboard analytics, better IT integration, and separate Work Chat app for Android and iOS to enable employees keep in touch when they are out of office.

New Offers

Workplace is entering a market where a number of players—Yammer, Slack, Chatter, Jive and Hipchat among others—have picked up remarkable tractions. Nonetheless, the platform is hoping to woo people with a plethora of new twists.

To begin with, Facebook has thrown most of the pricing models used by its competitors out of the window and plans to follow its own book of metrics. For 1-1,000 active users, the platform will charge $3 per user monthly; for 1,001-10,000, the cost declines to $2 per user; and even less for more than 10,000 monthly active users. Additionally, Facebook will be more accountable for its service. It will only charge for active users and how engaging it manages to make the service.

For now Facebook has managed to send a clear message to the market: It is still the leading platform for billions of users to connect to one another in the digital sphere, and is now aggressively entering the corporate world.

 

 

Serving Up Investment Advice

 

Financial planning for retirement can be a real headache. People that are interested in saving for the future should always remember that there are a ton of different ways to maximize your portfolio. There are brokers that can take control of everything, but Igor Cornelsen has recommended that people should be aware of the way that their money is being invested. The ignorant investor will often become the broke investor. That is why he has made recommendations for people to get to familiar with every aspect of the investing process.

 

Cornelsen has made people see that there is value in building a connection to the culture in which you are placing your investment interests. In Brazil, for example, there has to be some connection with the culture in order for people to get a feel for what the real estate market is like. There should be some desire to know about what countries are getting the exports that Brazil is producing. These are the things that are going to have an effect on the rate of return. The best thing that an investor can do is be knowledgeable about the areas that are going to change the rates of return.

 

Investing is something that people have started to become more comfortable with because of the Internet. There are assortments of different websites that allow people to sign up for retirement plans. Some people will get involved with stocks. Others will take some interest in what they can do with mutual funds. The spectrum is quite wide when it comes to investment opportunities. This is exactly what Igor Cornelsen wants people to realize. He wants people to know that diversifying your portfolio is one the best things that could be done. Mutual funds have been known to have moderate growth return rates. Stocks, by contrast, bring in better return rates, but the risk is greater.

 

Igor Cornelsen has made people see that they can minimize the risk by spreading the investments out, something he writes about on WordPress pretty often. Some stock investments can be a good thing, but a portfolio with nothing but stocks can become a nightmare.  Check him out on Tripod, or you can also read about Igor’s vision for how Brazil can strengthen their economy on PRLog.

Twitter To Release Earnings Report at Unfamiliar Time

The earnings release for giant social media platform, Twitter Inc. will be on Thursday, this week. To be precise, the time for the release of the report will be 4.00 a.m. PST. According to the company, the timing for the report has largely been influenced by analysts who said that other tech companies have slated their releases on the same day. They include Google, Amazon and Atlassian.

 

Break From Tradition

 

According to techcrunch.com, the early morning time has, however, not gone down well with some analysts who accuse the company of breaking from tradition. This is because most tech companies are used to reporting an hour or so after mid-day at the end of day trading. Analysts have been accustomed to that time and Twitter’s time is a little uncomfortable for some of them.

 

Job Cuts Announcement

 

There is high anticipation of the company’s earnings reports for several reasons. However, the main one is driven by speculation that the company may announce around 300 job cuts. According to unnamed insiders, the job cut announcement may come even before the release of the earnings report.

 

Last year, Twitter cut the same number of jobs it’s expected to cut this week. If it happens, the move will be widely considered as an attempt to relieve some of the financial pressures from the company’s recent losses and the fall of its share price for the last one year. There were expectations of the company’s acquisition but the companies that were expected to bid abandoned the process.

 

Goettl Air Conditioning: In A League Of Their Own

There are certain companies that stick out in a positive way like Goettl Air Conditioning and every single bit of that has been earned. It starts with Ken Goodrich and his commitment to giving back to the community and being involved in it as much as possible. He knows how much it has given him and he is the type of person that does not forget a good deed and does not forget when someone has done something for him. He keeps that in his memory bank and remembers everyone that has helped him along the way.

That is why giving back to the community has been such a big part of how he lives his life. It is not something he is doing to get attention or to get a pat on the back. He has good intentions. Recently, he helped a veteran coming back from the war. As many people know, it is not easy for them to get back to their regular life. They are so accustomed to a certain way of living that it can be very difficult for them to adjust. He knows they are incredibly hard workers and he wants to aid them in their process, as pointed out in this article.

The tools to get started and get on their feet can get very expensive which is why he gave this veteran $1,000 to have all of the tools he needs. There is no denying the work ethic of this veteran and when the tools and the support are added in the mix, anything is possible for them. The same can be said of Goettl Air Conditioning, which is growing by the day with its customers in Tucson, Phoenix, and Las Vegas. Ken Goodrich has made it a point to hire employees that are passionate about the job and truly care about it and want to make a difference in people’s lives.

As shown on their website, Goettl has been around since 1939 and they have earned the respect of the communities they serve. Whether it comes to maintenance, repairs, or installation, they do it with great passion and they have fair prices. They like to let the customers know what they are getting into and what they can expect upon their arrival. They know the best way to keep customers is to tell them the truth and provide quality work.