sky business news

Meta’s Threads is now the fastest-growing platform after 100 million users signed up in the first five days

Posted on July 12, 2023

Meta’s Twitter rival Threads crossed 100 million sign-ups within five days of launch, CEO Mark Zuckerberg said on Monday, dethroning ChatGPT as the fastest-growing online platform to hit the milestone. Threads have been setting records for user growth since its launch on Wednesday, with celebrities, politicians and other newsmakers joining the platform seen by analysts as the first serious threat to the Elon Musk-owned social media app. “That’s mostly organic demand, and we haven’t even turned on many promotions yet,” Zuckerberg said in a Threads post announcing the milestone. The app’s sprint to 100 million users was much faster than…

ZoomerMedia announces acquisition of The Peak Canada’s

Posted on June 15, 2023

TORONTO, June 08, 2023 (GLOBE NEWSWIRE) — ZoomerMedia Limited (TSXV: ZUM) (“ZoomerMedia”) announces that it has completed the acquisition of all the outstanding shares of The Peak Media Collective Inc. (PMCs). Founded in 2020, The Peaks serves busy Canadian professionals and business leaders with the top global business, finance, and tech stories of the day packaged in a smart, fast, and easily digestible format. The aggregate purchase price of $5 million is comprised of $3.5 million cash on closing and a $1.5 million promissory note. The Peaks‘s flagship daily newsletter covers the biggest Canadian and global business stories and has…

Longshots try ‘optimism’ strategy in GOP primary of doom and gloom

Posted on June 12, 2023

Donald Trump and Ron DeSantis are betting that primary voters, like the Leonard Cohen song, “want it darker.” For weeks, the frontrunners in the Republican presidential primary have painted current events in increasingly apocalyptic terms, in a fundraising appeal, likening his indictment on Thursday to “watching our Republic DIE.” DeSantis, who had previously suggested the government is imposing a “biomedical security state,” said “the weaponization of federal law enforcement represents a mortal threat to a free society.” At a VFW Hall in Laconia, NH earlier this month, the Florida governor asked repeatedly if anyone was “happy” with the state of…

Prices for some Blue Jays season tickets are doubling. No, fans are not happy

Posted on May 27, 2023

The Toronto Blue Jays may be tied at the bottom of the AL East standings, but that’s not the only reason some fans are upset. After an April email was sent out to season ticket holders on the next phase of the $300-million renovation of Rogers Centre, some longtime Jays fans were dismayed to realize their coveted seats in the lower bowl will no longer exist, and that they face a steep price increases if they want to continue to be season ticket holders and select new seats. Some fans relayed to media outlets that they were told new seats…

Know these 10 expenses of starting a business and how to handle them

Posted on May 21, 2023

No doubt about it, starting a small business is exciting! But it can also be confusing, particularly as you sort through all the expenses required to launch your enterprise. While it is impossible to cover every type of business and go through the finer points of expenses you are likely to have, here are the top 10 costs of starting a business to consider. It all starts with creating a business plan which can be a full-blown traditional plan with monthly projections or can be formed using the Business Model Canvas (www.strategyzer.com) with limited projections, but specifically cash flow forecasts.…

Simon & Schuster again up for sale, executives confirm – Business News

Posted on May 11, 2023

Photo: Pixabay Simon & Schuster is again up for sale. Months after a federal judge halted Penguin Random House’s plan to purchase its longtime rival, Simon & Schuster’s CEO and parent company, Paramount Global, have confirmed that the publisher is back on the market, with a sale possible by the end of the year. “I can now report that, as expected, Paramount has resumed the process of selling Simon & Schuster,” wrote Simon & Schuster CEO Jonathan Karp in a staff memo shared Thursday with The Associated Press. Karp noted in the letter that Simon & Schuster is enjoying a…

Second Nature Brands hires Chris Caswell as CFO

Posted on April 29, 2023

DETROIT — Second Nature Brands, a better-for-you brand acquired by CapVest Partners LLP last April, has named Chris Caswell as its new chief financial officer. Before joining Second Nature Brands, Mr. Caswell was CFO at Welch Foods Inc. for four years. Previously, Mr. Caswell held positions at retail company Clarks Americas, academic intervention company Resiliency for Life and beverage company Keurig Green Mountain, Inc. “We are delighted to welcome Chris to Second Nature Brands,” said Victor Mehren, chief executive officer of Second Nature Brands. “He is a leader of the highest caliber with extensive financial and operational experience with a…

Snack manufacturer launches Cereal Pop with Fruity Pebbles

Posted on April 27, 2023

ORLANDO, FL. — SNAX-Sational Brands, a producer of flavored popcorn snacks, is partnering with Post Consumer Brands to launch Cereal Pop popcorn made with Fruity Pebbles. SNAX-Sational currently has two other lines of popcorn, Cookie Pop and Candy Pop, that each feature partnerships with notable companies in their respective sectors. The Fruity Pebbles partnership is the first product in SNAX-Sational’s new Cereal Pop brand. Like the Cookie Pop and Candy Pop brands, Cereal Pop is made using non-GMO corn and comes in at 150 calories per serving. Currently available at Sam’s Club in 20-oz “Club Size” bags, the all-new Cereal…