Sharon Osbourne is once again addressing her firing from The Talk.
08.09.2022 - 08:13 / variety.com
Andrew Wallenstein President and Chief Media Analyst Snap founder Evan Spiegel expressed confidence in steering his beleaguered company through tough times with a refined focus on three key areas, as outlined in a keynote interview Wednesday at the Code Conference in Los Angeles. He identified boosting Snap’s user base of 350 million daily active users, reaccelerating revenue growth and investing in augmented reality as the road to recovery for a company suffering a 75% stock decline versus last year. Last week, Spiegel announced he was laying off a fifth of the company and shuttering multiple product lines outside his narrowed focus, including original content. The layoffs, he explained, were necessary to reaccelerate revenue growth at a time when macroeconomic circumstances make cost-cutting the only viable short-term solution.
Asked by interviewer Scott Galloway whether he was considering selling the company considering he effectively controls its future as 51% owner of voting shares, Spiegel didn’t quite answer the question but waxed very bullish about where he sees the company headed. “Personally where I sit today and look at the long-term opportunity in our business, I really believe it’s enormous,” he said. “We’re far from reaching our full potential. Over time, the stock price has gone up and down but we’ve tried to stay focused on delivering value for shareholders.” Spiegel also addressed Snap’s competition including TikTok, which he conceded is a tough act to follow because of the company’s core’s technology. “TikTok got this great lead early on but really aggressively expanding so that people could train the algorithm and ultimately end up with a more personalized feed that’s harder to get on a new
Sharon Osbourne is once again addressing her firing from The Talk.
Jenna Bush Hager is taking a trip down memory lane, and she is taking her daughters, Mila and Poppy, with her!MORE: Jenna Bush Hager attests to the late Queen's humor as she details surprising conversationThe star gave her daughters a glimpse of what much of her childhood looked like by taking them to a special event where she spent much of her days in the early 1990s and early 2000's, none other than the White House.The Today host and much of her family were hosted on Saturday by President Joe Biden and First Lady Jill Biden to an epic concert by Elton John right on Pennsylvania Avenue.WATCH: Jenna Bush Hager opens up about body imageMORE: Jenna Bush Hager shares heartfelt message to Today co-star Savannah GuthrieThe concert, which was titled A Night When Hope and History Rhyme, was in collaboration with A&E Networks and The History Channel, and Elton sang some of his greatest hits such as Your Song, Rocket Man and Tiny Dancer, on the South Lawn of the White House.Jenna took to Instagram to commemorate the special evening, and her sentimental return to her family's former home, sharing a photo alongside her family which sees them all smiling ear to ear with the White House's historic balcony and columns illuminated behind them.Shared on her Instagram Stories, the photo captures the mom-of-three with her husband Henry Hager on one side, and next to her is her mother, former First Lady Laura Bush. The family looked happy as can be to be back in the WHite HouseIn front of the three are Mila and Poppy, looking sweet as can be.
Former staffers who worked on Prince Harry and Meghan Markle’s team before they stepped down as senior royals in 2020 called themselves the "Sussex Survivors Club" because of the difficulties in dealing with them, according to an excerpt from a new book. The duchess was also called a "narcissistic sociopath" by her team behind her back, Sunday Times royal reporter Valentine Low writes in her book "In Courtiers: the Hidden Power Behind the Crown" to be released next month, citing sources. In one specific instance, Low writes that Kensington Palace was in a "panic" after Meghan abruptly left a planned 15-minute meeting in at a marketplace in Fiji in 2018 for a project to help women that was run by the group UN Women. The palace initially said Meghan left after only eight minutes for security reasons, then claimed it was because of "crowd management issues," but it later emerged Meghan didn’t want to be associated with UN Women branding, according to Low. Meghan, Duchess of Sussex during the State Funeral of Queen Elizabeth II at Westminster Abbey on September 19, 2022 in London, England. (Photo by Karwai Tang/WireImage via Getty Images) "I can’t believe I’ve been put in this situation," Meghan reportedly complained to an aide before leaving, promoting a staffer to call her "nuts" and the situation "insane." The duchess was seen moments later in a car crying. Low writes that the palace had to assure Scotland Yard that Meghan had proper protection while on the trip through the South Pacific after reports came out about her being rushed from the marketplace. The author noted it wasn’t clear why Meghan wouldn’t want to be associated with UN Women and her lawyers have denied that claim. "This is completely false,"
There's something funky going down, and only three people are capable of handling the investigation -- John Boyega, Teyonah Parris and Jamie Foxx. Netflix dropped the first teaser for its upcoming mystery film, featuring the threesome as an unlikely trio thrust onto the trail of a nefarious government experiment. Foxx introduced fans to the first look at the caper during Netflix's Tudum fan event on Saturday, and as expected, it was worth the wait!The footage begins with the three friends in an elevator, slowly descending to the basement floor.
Oscar-winning actor Jaime Foxx (“Miami Vice,” “Ray“) has been working on a regular basis with Netflix on action pics like “Project Power” and the recent vampire action-comedy “Day Shift.” Foxx will continue that genre run at the streaming giant with the science fiction comedy “They Cloned Tyrone” which co-stars familiar faces with John Boyega (“Star Wars: The Force Awakens“) and Teyonah Parris (“The Marvels,” “Wandavision“) taking main roles.
Margot Robbie was left completely stunned after a Good Morning Britiain producer showed her his tattoo of her face on his back at the Amsterdam premiere on Wednesday night. The 32-year-old actress was lost for words when Ashley Whitt rolled up his top to reveal his Harley Quinn inking, moments after being interviewed by entertainment reporter Richard Arnold on the red carpet. Of course, Australian star Robbie has portrayed Harley Quinn in three films so far.
Nicola Peltz says it’s "just a bit of a bummer" when people believe there is family drama between her and her mother-in-law, Victoria Beckham. The actress, who wed Brooklyn Beckham in a lavish wedding in April, maintains that there is no conflict with her in-laws, even though Victoria did not end up designing her wedding dress. "They're great in-laws," Peltz told Grazia magazine of Victoria and David Beckham.
Is it… is it possible Donald Trump may not actually get away with something??
Forever a kid at heart! JoJo Siwa responded after a social media troll criticized her for taking girlfriend Avery Cyrus to Chuck E. Cheese for date night — and she had no shame about her restaurant of choice.
Miranda Kerr and Orlando Bloom continue to prove they are as friendly as exes can get, and clearly wish nothing but the best for one another.MORE: Miranda Kerr stuns in string bikini as she hits the beach following $120million home purchaseThe two made one of their first public appearances together since splitting up in 2013, in order to celebrate a dear friend to them and the stars, British Vogue's Edward Enninful.The former couple were photographed at a party in Los Angeles, launching Edward's highly-anticipated memoir, A Visible Man.WATCH: Miranda and Katy spend the day togetherMORE: Miranda Kerr is a glowing beauty in latest sun-soaked selfieThe event took place at West Hollywood's Sunset Tower Hotel, and a photo sees the two both standing next to the Vogue editor-in-chief.Miranda looks fabulous donning a chic little black dress, featuring sequins and halter straps with an ornate bow in the center. Meanwhile, Orlando looked cool and dapper sporting black trousers with a navy blue t-shirt, and an Audemars Piguet on his wrist.Though the two parted ways in 2013, and have since married and had children of their own with their new partners – Miranda shares Hart and Myles with Evan Spiegel while Orlando has Daisy with Katy Perry – the two have seamlessly co-parented their son, Flynn, who is eleven-years-old.
Barely a week after announcing massive layoffs and initiating a significant restructuring of the company, Snap Inc. CEO Evan Spiegel said the social media firm is committed to staying independent and resisting any takeover offers.
John Boyega's dad is his biggest fan and wears t-shirts with his son's face on them. The 30-year-old actor - who portrayed Finn in the 'Star Wars' sequel trilogy films 'The Force Awakens', 'The Last Jedi' and 'The Rise of Skywalker' - has revealed his pop Samson Adegboyega is so proud of his son's acting that he parades around the house in a Boyega t-shirt. He told the 'Happy Sad Confused' podcast: "My dad is a big fan, he's a big Boyega fan.
Todd Spangler NY Digital Editor Snap announced that it was cutting 20% of its workforce in a bid to contain costs — eliminating nearly 1,300 positions — and that the company will discontinue funding original series. With the moves, Snap estimated it will save $500 million in cash expenses on an annualized basis relative to the second quarter of 2022. That includes a $50 million estimated reduction in fixed content costs with the elimination of Snap Originals. Shares of Snap were up 10% Wednesday in mid-morning trading on the restructuring news, but the stock price is still down more than 75% year to date.
Reeling from an advertising slowdown and a grim economic environment, Snapchat parent Snap Inc. is laying off about 1,600 workers, or about 20% of its workforce.
Miranda Kerr hit the beach earlier this week and stunned her more than 13 million followers with several gorgeous selfies taken during her outing.MORE: Miranda Kerr is a glowing beauty in latest sun-soaked selfieIn the two snaps, the 39-year-old model showed off her stunning complexion whilst posing in a colorful string bikini, which she perfectly accessorized with several gold necklaces and a pair of stylish sunglasses.WATCH: Katy Perry and Miranda Kerr spend the day together at new launchThe mother-of-three knows the damage the sun causes and made sure she protected her makeup-free face by wearing a large straw hat.READ: All we know about Katy Perry's relationship with Miranda Kerr and her son with Orlando BloomRELATED: Miranda Kerr's son Myles treated to show-stopping first birthday cakeMiranda's getaway, presumably alongside her husband, Snapchat billionaire Evan Spiegel, and her children, comes just as it was revealed that the family have finally closed the deal for their new Los Angeles home – which has cost them a grand total of $145million. Miranda Kerr looked stunning as she relaxed on the beachProperty records seen by Architectural Digest show that Evan paid $120million for their new home plus an additional $25million for a smaller portion of the land located right next door to the main property.Their new home is located in Holmby Hills, directly across the street from the Playboy Mansion.
has been planning these layoffs for several weeks, and the staffing cuts will target the development and hardware departments in addition to Zenly, a social mapping app that Snap purchased in 2017.An estimated 1,280 employees will be cut from staff. Snap’s stock has declined nearly 80% this year.Snap declined comment when reached by TheWrap.Impacted functions within the Snapchat app will include mini apps and games inside the app, as teams that manage design of these fixtures by developers will receive staffing cuts.In May the company stated it would ease up on hiring while examining areas in which their budget could be tightened following dissatisfying Q2 earnings that plunged 30%.Snap noted that “the macroeconomic environment has deteriorated further and faster than anticipated” since it issued guidance in April 2022 in a Securities and Exchange Commission filing. In a memo to staffers, CEO Evan Spiegel said that the company will hire only 500 additional employees compared to the 2,000 over the last year.