As he lived in a tent and battled to provide for his family, Hussam al-Masri, a Reuters journalist killed by Israeli fire on Monday while running a live video feed at Gaza's Nasser Hospital, covered the suffering of civilians during the conflict. According to journalist colleagues, Masri, 49, was a seasoned cameraman who was well-liked by Gaza's close-knit community of reporters because of his upbeat demeanor in the most perilous circumstances. In the months before his death, he would say, "Tomorrow will be better," despite the fact that the Palestinian enclave was becoming increasingly desolate and hungry. That was the conclusion of his final discussion with Mohamed Salem, a senior Reuters visuals journalist who had collaborated with Masri in Rafah, in southern Gaza, last year and had known him since 2003. Salem, who left Gaza later in 2024 but stayed in daily contact with Masri until Monday morning, said he was a pleasure to work with because of his smiles and o...
Some Asian e-commerce companies have been forced to reduce their U.S. marketing budgets due to uncertainty caused by tariffs and the suspension of the exemption that allowed packages valued at or under $800 to be shipped to the U.S. without incurring import duties.
The company, known for curating links to lifestyle products such as home decor, fashion accessories, and beauty items, saw a 25% decline in advertising prices in the second quarter. With U.S. tariffs in place, the trend is expected to continue.
"Management's comments on tariff concerns extending into the third quarter likely spooked the Street," Roth Capital Partners analysts said.
According to Danni Hewson, head of financial analysis at AJ Bell, the stalled user growth is a "significant" concern. It can be challenging to regain relevance in the social media world after losing it, as fans of MySpace, Bebo, and Vine can attest to.
Pinterest has been increasing its investments in shopping tools and personalization in an effort to increase engagement and draw in more ad dollars. However, that is increasing expenses at the same time that revenue growth is being strained, which is affecting profits.
Due to a 15% increase in total costs and expenses, the company's quarterly adjusted profit per share of 33 cents on Thursday fell short of the 35 cents that were anticipated.
Ad revenues at Pinterest are being impacted by those companies' current focus on Europe and their home markets, where advertising rates are generally lower than those in North America.
A user growth slowdown, especially in North America, also added to investor worries. The company added 8 million users in the quarter, for a total of 578 million, lower than the 17 million in the first. It is much smaller than rivals such as Meta-owned Instagram.
"Management's comments on tariff concerns extending into the third quarter likely spooked the Street," Roth Capital Partners analysts said.
According to Danni Hewson, head of financial analysis at AJ Bell, the stalled user growth is a "significant" concern. It can be challenging to regain relevance in the social media world after losing it, as fans of MySpace, Bebo, and Vine can attest to.
Pinterest has been increasing its investments in shopping tools and personalization in an effort to increase engagement and draw in more ad dollars. However, that is increasing expenses at the same time that revenue growth is being strained, which is affecting profits.
Due to a 15% increase in total costs and expenses, the company's quarterly adjusted profit per share of 33 cents on Thursday fell short of the 35 cents that were anticipated.
Ad revenues at Pinterest are being impacted by those companies' current focus on Europe and their home markets, where advertising rates are generally lower than those in North America.
A user growth slowdown, especially in North America, also added to investor worries. The company added 8 million users in the quarter, for a total of 578 million, lower than the 17 million in the first. It is much smaller than rivals such as Meta-owned Instagram.
SOURCE: NEWS AGENCY