Pinterest sets sites on $1.5B in first public share offering

first_imgFILE – In this Oct. 11, 2018, file photo, Evan Sharp, Pinterest co-founder and chief product officer, poses for a photo beside a wall of pegs symbolizing the company logo at Pinterest headquarters in San Francisco. Pinterest plans to raise up to approximately $1.47 billion in its initial public offering. The Digital scrapbooking site said in a Monday, April 8, 2019, regulatory filing that the offering includes about 86.3 million shares, priced between $15 and $17 per share. Pinterest is offering 75 million Class A shares. (AP Photo/Ben Margot, File)NEW YORK | Pinterest, among a gaggle of tech companies planning to go public this year, hopes to raise as much as $1.5 billion in its initial offering of shares.The digital scrapbooking site said in a regulatory filing Monday that it will put about 75 million shares up for sale at a price between $15 and $17 each.That, at the higher end, could put the value of the company at around $9 billion, below the estimated $12 billion value from earlier sales of shares to investors, according to reports two years ago.Already, IPOs from tech companies have dominated headlines this year.The arrival of Lyft late last month did little to diffuse questions about how best to value tech companies with tons of potential, but not much in the way of profits, at least not yet.While Lyft has bounced back from a sell-off that dropped its shares well below its initial offering price, they remain below the heights reached in the flurry of first-day trading.Uber, Lyft’s rival, the messaging app Slack and the video conferencing company Zoom are expected to make their debut soon.Pinterest claims more than 250 million active monthly users and more than 2 billion monthly searches.The platform allows people to search for and “pin” images that interest them, whether it’s fashion, sports, pets or travel.Pinterest has long shunned the label of being a social network. It doesn’t push users to add friends or build connections. That means it’s avoided the privacy tangles that have ensnared companies like Facebook. Pinterest makes advertising revenue when businesses promote pins in users’ feeds.The San Francisco company had revenue of $756 million last year, a 60 percent bump from 2017. It had a loss of $63 million in 2018, compared with a loss of $130 million in 2017.Pinterest was founded in 2010 by Ben Silbermann and Evan Sharp, who are the company’s CEO and chief product officer, respectively.The company has been working on developing its artificial intelligence search, which allows people to take a photo or upload a screenshot of an item and find similar products on Pinterest.Pinterest’s stock will list on the New York Stock Exchange under the “PINS” ticker symbol.last_img read more

Redbacks on the march

first_imgBy Nick Creely Hampton Park’s gutsy Good Friday win against Springvale Districts could arguably be the most important moment in…[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img

GFW Model Image finals billed for November 6 @ Pegasus

first_imgGuyana Fashion Week (GFW) is back with a bang! This year, the executive of GFW added a new component to the schedule of activities – The Model Image. This year, the week of activities begins on November 6 and concludes on November 13. The event kicks off with the finals of the GFW Model Image presentation on Sunday, November 6 at the Pegasus Hotel.The GFW Model Image will feature 11 young men and 17 young women participating in an empowering exercise for creative enthusiasts. Developed by GFW’s creative director, Richard Young, it highlights modelling talent in several categories.Photography, personal style, commercial, runway, and spokesperson are the categories being honed. Some of the categories are being assessed before the event and other areas are being judged on the evening.The models are being encouraged to develop their public communication skills as well as their congeniality strengths. There is also a People’s Choice award, voted online. Check out the facebook page GFW Model Image.last_img read more

Steelers’ Rudolph: ‘No acceptable excuse’ for role in brawl

first_imgPhivolcs: Cloud seeding in ashfall affected areas needs study Don’t miss out on the latest news and information. Cleveland Browns defensive end Myles Garrett (95) pulls the helmet off Pittsburgh Steelers quarterback Mason Rudolph (2) in the fourth quarter of an NFL football game, Thursday, Nov. 14, 2019, in Cleveland. The Browns won 21-7. (AP Photo/David Richard)PITTSBURGH—Pittsburgh Steelers quarterback Mason Rudolph wanted to get away from Cleveland Browns defensive end Myles Garrett.The way Rudolph went about it—a process that contributed to a brawl that culminated with Rudolph getting smacked in the head with his own helmet and led to Garrett getting suspended by the NFL indefinitely—is one of the first-year starter’s regrets.ADVERTISEMENT View comments LATEST STORIES ‘I am prepared:’ Duterte reiterates openness to accept Rohingya refugees PLAY LIST 02:09‘I am prepared:’ Duterte reiterates openness to accept Rohingya refugees03:30PH’s Rogen Ladon boxing flyweight final (HIGHLIGHTS)01:02Fans fill up Philippine Arena for SEA Games opening01:05Poor visibility, nakaapekto sa maraming lugar sa Batangas03:028,000 pulis sa Region 4-A, tuloy ang trabaho03:57Phivolcs, nahihirapan sa komunikasyon sa Taal01:04Sold-out: Stores run out of face masks after Taal spews ash01:45Iran police shoot at those protesting plane shootdown01:54MMDA deploys rescue team to Batangas following Taal eruption Murray, Djokovic looking forward to playing in 2020 Olympics DSWD Bicol donates P1.5M worth of food packs for Taal eruption evacuees Saying “there is no acceptable excuse,” Rudolph said his behavior in the final moments of last Thursday’s 21-7 loss to the Browns fell short of the standard set by the league and the Steelers.“The bottom line is I should have done a better job keeping my composure in that situation,” Rudolph said Wednesday while reading from a prepared statement before briefly taking questions from reporters.FEATURED STORIESSPORTSAndray Blatche has high praise for teammate Kai SottoSPORTSBig differenceSPORTSAlmazan status stays uncertain ahead of Game 4Garrett and Rudolph became entangled on the next-to-last Steelers snap of Cleveland’s lopsided 21-7 victory. Rudolph flipped a short pass to running back Jaylen Samuels just before getting hit by Garrett, who twisted Rudolph to the ground as play continued downfield.Rudolph took exception to Garrett wrapping him up, calling it “late.” Rudolph said he was trying to separate himself from Garrett—who was not flagged on the play—when he briefly grabbed the back of the 6-foot-4, 272-pound Garrett’s helmet. Andray Blatche has high praise for teammate Kai Sottocenter_img 2 village execs nabbed in Bohol buy-bust “Probably one of the best teammates I’ve ever had.,” Rudolph said of Pouncey. “A guy that you want on your team. He has your back. He has everybody’s back on this team. … I put him in a bad spot and we’re looking to get him back as soon as possible whenever that is.”Sports Related Videospowered by AdSparcRead Next MOST READ ‘People evacuated on their own’ Lava gushes out of Taal Volcano as villagers flee 400 evacuees from Taal eruption take refuge in Mt. Banahaw No need to wear face masks in Metro Manila, says scientist “It was the last play of the game and I was just trying to get him from off on top of me,” Rudolph said.Garrett responded by tugging at Rudolph’s facemask, eventually ripping it off and holding it high while Steelers guard David DeCastro attempted to separate them. Rudolph scrambled to his feet and gave chase in an apparent attempt to retrieve his helmet. Garrett then swung the helmet at Rudolph, connecting on the right side of Rudolph’s head. The chaos that followed included Steelers center Maurkice Pouncey punching and kicking Garrett and Rudolph getting knocked to the ground by a blind-side hit from Cleveland defensive tackle Larry Ogunjobi.In addition to handing out a record suspension to Garrett, the NFL banned Pouncey for three games and ordered Ogunjobi to sit out on Sunday when the Browns host Miami. All three players are appealing. Rudolph said he has not been notified of any fine for his actions but will accept whatever punishment the league metes out.“I have no ill will toward Myles Garrett, great respect for his ability as a player,” Rudolph said. “And I know if Myles could go back he would handle the situation differently.”Rudolph said he “definitely didn’t say anything” to escalate the situation with Garrett, calling the ordeal “an unfortunate situation for both teams involved.” Rudolph lamented that his actions led directly to Pouncey’s retaliation against Garrett that resulted in Pittsburgh (5-5) potentially losing the seven-time Pro Bowler during a critical stretch that will go a long way to determining whether they stay in the playoff picture.ADVERTISEMENTlast_img read more

Does Delph really see dead people or is it his ‘old Villa mates?’ Video here

first_img1 PSG v Man City is live on talkSPORT at 7.45pm on Wednesday 6 April – click here for ways to stream.Man City midfielder Fabian Delph has revealed he “sees ghosts all the time.”Answering some questions from fans on the club’s YouTube channel, Delph went into detail after one asked if he not only believed in ghosts, but what he would do if he saw one.The 26-year-old then went on to reveal some of his experiences with the dead.The jokes will fly after this and leading the way right now is this comment on the video from BlueMoonRising: “‘I SEE DEAD PEOPLE’” – really nice to hear that Fabian still finds time to hang around with his old Villa teammates. Top bloke.?”? Watch the video to see Delph talk about his encounters with ghosts last_img read more

Man shoots 20, one fatally, in Montreal

first_imgMONTREAL – A young man in a black trench coat and a Mohawk haircut opened fire Wednesday at a Montreal college, slaying a woman and wounding at least 19 other people before police shot and killed him, witnesses and authorities said. Police dismissed suggestions that terrorism played a role in the lunch-hour attack at Dawson College, where scores of panicked students fled into the streets after the shooting began. Some had clothes stained with blood. Others cried and clung to each other. Two nearby shopping centers and a child-care center also were evacuated. “I was terrified. The guy was shooting at people randomly. He didn’t care – he was just shooting at everybody,” said student Devansh Smri Vastava. “There were cops firing. It was so crazy.” Witnesses said the attacker started firing outside on campus before he walked in the front door. Much of the shooting was in the second-floor cafeteria, where students dropped to the floor and lay in terror. At times the gunman hid behind vending machines before emerging to take aim. At one point he shot at a teenager who tried to photograph him with his cell phone. Teachers ran through the halls, telling everyone to get out of the building. Montreal General Hospital officials said 11 people were admitted, including eight in critical condition. Nine others were taken to two other hospitals. One young woman later died, a police official said, speaking on condition of anonymity because the victim’s family had not yet been notified.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREThe joys and headaches of holiday travel: John PhillipsPolice rushed to the scene and hid behind a wall as they exchanged fire with the gunman, whose back was against a vending machine, said student Andrea Barone, a witness. Barone said the officers proceeded cautiously because many students were trapped near the assailant. The gunman yelled “Get back! Get back!” every time an officer tried to move closer, added Barone, who said the assailant eventually fell in a hail of police gunfire. The attacker’s bloody body, covered in a yellow sheet, later lay next to a police cruiser near an entrance to a school building. Police Sgt. Francois Dore said the attacker was a 25-year-old man from the Montreal area, but he did not provide a name or any further details about the man. Dore said the man’s car was still at the school and that police were searching his apartment. Police spokesman Ean Lafreniere said there was just one gunman. Although police initially suggested that the gunman had killed himself, Police Director Yvan DeLorme later said at a news conference that “based on current information, the suspect was killed by police.” Police with guns drawn stood behind a police cruiser as a SWAT team swarmed the 12-acre campus. last_img read more

Harry Potter film no.6 claims Thanksgiving 2008

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREFrumpy Middle-aged Mom: My realistic 2020 New Year’s resolutions. Some involve doughnuts. 165Let’s talk business.Catch up on the business news closest to you with our daily newsletter. Something went wrong. Please try again.subscribeCongratulations! You’re all set! While no director has been set and casting has not been confirmed, Warner Bros. Pictures has staked a claim on Nov. 21, 2008, for a Thanksgiving release of “Harry Potter and the Half-Blood Prince” the sixth installment of the lucrative franchise. Paramount Pictures also has just planted a flag in November 2008, declaring Nov. 7 for DreamWorks Animation’s “Madagascar” sequel. Ben Stiller,Chris Rock, Jada Pinkett-Smith and David Schwimmer are set to reprise their roles as the main characters of the animated franchise. DWA is a fan of early November release dates, with its upcoming animated release “Flushed Away” scheduled to bow Nov. 3, while “Bee Movie” is set for Nov. 2, 2007. Warners also announced films for holiday weekends next year. The Burbank-based studio has set the Mandy Moore romantic comedy “License to Wed” on the July 4 holiday weekend in an early counterprogramming move against the Paramount/DreamWorks production “The Transformers,” from director Michael Bay. Warners also has declared Nov. 21, 2007, for the Will Smith sci-fi starrer “I Am Legend.” The November “Prince” date will mark a return to the Thanksgiving period for the franchise after the fifth installment, “Harry Potter and the Order of the Phoenix,” bows in July. Of the four “Potter” films to date, only the third installment, “Harry Potter and the Prisoner of Azkaban,” has been released during the summer.last_img read more

STV to show England v Scotland World Cup qualifier live

first_imgSTV will also provide extensive online coverage in the days leading up to the match, talking to all the key figures and bringing you behind the scenes access from London.Scotland ran out 1-0 winners in their last competitive game at Wembley but Don Hutchison’s goal was not enough to stop Craig Brown’s team going down 2-1 on aggregate in their Euro 2000 play-off. Now, in the race to reach Russia in two years time, Scotland have four points from their first three matches and need a victory to close the gap on group leaders England.Miller, who made 69 appearances for his country, scored against the Auld Enemy on Scotland’s last trip to London. The Rangers striker found the net 18 times for the national team with his Wembley strike coming in his final appearance in dark blue.A big personality as a player and a pundit, former Celtic and Chelsea striker Sutton regularly analyses big games north and south of the border. Following a playing career in which he helped Celtic win four SPL titles, three Scottish Cups and one League Cup, Sutton will bring his knowledge of both camps to STV’s coverage.Former Scotland captain McAllister played at the highest level of the game in a career that spanned 23 seasons. A classy and intelligent midfielder, McAllister made his name at Motherwell before turning out for Leicester City, Leeds United, Coventry City and Liverpool. The 51-year-old entered the world of coaching following the end of his playing career, managing Coventry and Leeds as well as working with current Celtic boss Brendan Rodgers at Liverpool.Rae began his career as a commentator at the age of 15 and has worked for the BBC and FIFA before moving to ESPN. He has commentated on the game at the highest level over the past few decades, covering World Cups and European Championships. He was STV’s main man with the microphone for previous Scotland v England matches in 2013 and 2014 as well as Celtic’s Champions League last 16 tie with Juventus. STV is to show November’s crucial England v Scotland 2018 World Cup qualifier live on air and online.Gordon Strachan’s side head to Wembley for the first competitive game between the sides since 1999 and STV will bring you unrivalled coverage of the match on November 11.Special guests Kenny Miller, Gary McAllister and Chris Sutton will join Raman Bhardwaj for all the build up to the big game, which will be on air and on the STV Player from 7.15pm ahead of an 7.45pm kick-off, as well as providing in-depth match analysis.Derek Rae will bring commentary of the match alongside McAllister, with Sheelagh McLaren providing all the latest news from the Wembley touchline.last_img read more

Integrated energy centre ‘to create jobs’

first_img20 November 2012 South Africa’s Energy Department and state oil company PetroSA have launched an Integrated Energy Centre (IeC) in Mbizana in the Eastern Cape province, PetroSA announced in a statement on Monday. The centre is a one-stop shop offering services of energy goods. It will house an information centre, a convenience store, car wash, an energy shop, ablution facilities and a fuels forecourt. Petrol, diesel, paraffin and LPG gas will also be sold at the centre. “For years Mbizana residents have had to travel minimum distances of 15 kilometres to nearby towns to purchase everyday commodities like electricity, petrol and other energy necessities,” PetroSA said. The centre, which cost R10.8-million to construct, will be owned by a registered co-operative made up of members of the local community and will plough back part of the profit from the centre towards growing the business and job creation. Once fully operational, 15 people will be employed. “IeCs are not just about the integration of energy services. Rather they are primarily about integration and co-operation among the three tiers and structures of government, for improved delivery of energy services to the poorest of the poor,” said Energy Minister Dipuo Peters. The opening of the IeC was a significant milestone for PetroSA. “The centre is a showcase of our commitment to corporate social responsibility. I am sure that there are important lessons that PetroSA will take from this experience that will stand us in good stead for similar ventures,” PetroSA group chief executive officer Nosizwe Nokwe-Macamo said. The community is committed to ensuring that the venture is a success, said chairperson of the Mbizana IeC Co-operative, Zwelihle Moya. Source: read more

African footballers call on their juju men

first_imgAfrican soccer is unique Abedi Pele has said, talent is as important as juju when it comes to winning. (Image: Jake Brown). Sulaiman PhilipFootball is a game controlled by rules: 17 immutable laws that govern everything from the size of the goals to the equipment that can be used. Despite these edicts, the game remains one of exciting chaos barely contained within them.Some of this anarchy is down to the superstitions competitors bring to the game. Superstition, of course, is not restricted to European players who put on their shorts last; we Africans just do it better, with more colour, spirit and panache. Africa is different.The African Cup of Nations will be upon us soon; 16 nations will hold their breaths, pray to ancestors and pay their chosen marabout – or juju man – to bestow their strongest magic on their heroes. Charms, amulets, spells and even animals buried in the vicinity of a stadium have all been used by African teams to bring them success on the field.Rituals on show during the tournament, and in football leagues the breadth of Africa, are based in Africans’ deeply held religious beliefs. Reverend Emmanuel-Kenneth Goode, official chaplain of Ghanaian club Asante Kotoko, doesn’t believe in juju but he does accept that belief in something enhances a team’s luck. “Almost everything an African does he wants to believe in something. So they want to believe that some deity or power can help them to win matches,” he told journalist Kent Mensah of Goal.National teams visit men like Gbass of Dabu, a medicine man who helped Ivory Coast win their one and only continental title. A dispute over an unpaid bill for his services resulted in him putting a curse on the Elephants; they would never win another title until things were made right.Gbass had been hired by Michel Zoah, then the country’s minister of sport, who earnestly claimed the subsequent failures were down to one simple fact: the juju men that followed Gbass did not possess magic as strong. Performance enhancingMohammed, a Cameroonian diviner, claims that he has been consulted by players and team managers searching for an edge. He explained to the BBC: “European players take drugs to improve their performance. We Africans do not have access to drugs. We’ve got a third eye and traditional concoctions that scientific tests cannot detect.” “Almost everything an African does he wants to believe in something. So they want to believe that some deity or power can help them to win matches,” says Reverend Emmanuel-Kenneth Goode (Image: JBDodane).Manyanga – or palm oil – is the most common ingredient of most of these concoctions. They are rubbed into self-inflicted cuts; players may be given kola nuts to eat or made to jump over a bonfire before a game. They have been known to refuse to shake hands with opponents out of fear that their rivals will transfer their own black magic.Some teams have gone to even more extreme lengths to win the esteem of the spirits. A team from Zimbabwe, for example, lost a player after they were ordered to jump into a crocodile-infested river as part of a cleansing ritual.In an effort to harness the spirits of the departed, some club teams have been known to camp out in graveyards before a big game. They do so with the words of their juju ringing in their ears – any bump in the night is just the departed filling their boots with otherworldly power. Expertise takes a back seatGhanaian and African football legend Abedi Ayew Pele believes that to an extent, the practice of juju has held African football back. Pele told website that juju permeated the beautiful game in Africa to such an extent that technical expertise, discipline and tactics had been subjugated.“I think we must acknowledge that juju is part of the African tradition, and we shouldn’t forget our tradition. I don’t think any such thing like juju works in football, because it has been proved worldwide that we Africans have more juju than any other people, but we cannot win the World Cup,” he said.Whether out of habit or routine, football is rife with superstitions players believe will give them the upper hand every time. World Cup-winning French captain Laurent Blanc believed his country’s 1998 success was down to the kiss he planted on the bald head of goalkeeper Fabien Barthez before the start of every game. Rituals – from not cutting you hair until you score to wearing the same underpants for an entire winning season – have been adopted by players in Europe.Argentinean goalkeeping legend, and male model, Sergio Goycochea earned fame as a master penalty stopper. His secret was his discreet habit of emptying his bladder before facing the dead ball. He told his biographer: “It was my lucky charm and I went before every shoot out. I was very subtle; nobody complained.”Barry Fry, one time coach of English club Birmingham City, believed the club’s lack of on-field success had something to do with the evil spirits inhabiting the club’s St Andrews home. To ward off the evil he urinated at all four corners of the ground. But his juju was not strong enough to fight the curse, apparently, and he lost his job. Stress relieverIn elite competition the margin between victory and defeat is so slim that every avenue to build confidence and self-belief matters. So if juju or rituals build that confidence, that is all that matters, or so Western sports psychologists will tell you. Studies by European universities have shown the positive effect of superstition on performance, especially in high-pressure events. Those studies have found that magical rituals or repetitive behaviour help to focus the mind and relieve the stress of competition.Sports psychologists – ask some people and they will tell you that psychology is voodoo science – warn, though, that reliance on magic or ritual is fleetingly shimmery. Psychologists like Brad Busch, who works with footballers in the English Premier League, counsel their clients to concentrate on the proven. “The brain craves control and if it does not have a sense of certainty then superstitions might help to introduce a better sense of control. This is invariably a placebo effect but the feeling can be a powerful one.”In the end, no matter the magic drizzled over their performance, one nation will praise their juju man and 15 others will be throwing out their concoctions come 8 February.last_img read more