Core Points - Microsoft will retire Bing Search APIs on August 11, 2023, and will no longer support existing instances or new customer signups [1] - The company is shifting focus to "Grounding with Bing Search," which allows Azure AI Agents to use real-time public web data for generating responses [2][3] - This transition reflects a broader strategy to enhance AI capabilities in response to market demand, as stated by Microsoft executives [4][5] Group 1 - Microsoft is decommissioning Bing Search APIs completely, affecting software developers who utilize these APIs for search results [1][2] - The new service, Grounding with Bing Search, enables chatbots to provide AI-generated responses enriched with real-time data, moving away from raw search results [3] - Microsoft aims to meet market demand for AI solutions, with a support plan in place for affected customers [4] Group 2 - Microsoft Chairman and CEO Satya Nadella highlighted a "generational shift" in web search due to generative AI, indicating a significant change in user engagement with Bing and Edge [4][5] - The integration of AI features has reportedly led to a 10% increase in revenue from consumer subscriptions to Office 365 in the three months ending in March compared to the previous year [5]

Summary of Varonis Systems (VRNS) FY Conference Call Company Overview - Varonis Systems focuses on data security for enterprises, helping organizations protect sensitive data across various environments, including on-premises and cloud applications [3][4] - The company transitioned to a SaaS model in 2023, aiming to complete this transition by the end of 2025 [5][38] Core Business and Technology - Varonis provides a technology platform that automates data protection, enabling organizations to understand their data, monitor access, and respond to threats [4][6] - The company emphasizes the importance of data security, especially in the context of increasing data generation and the rise of generative AI [9][10] Market Opportunity - Data security has become a top priority for organizations, shifting focus from traditional perimeter security to protecting sensitive data [8][9] - Varonis claims to be uniquely positioned in the market, as it protects data from the inside out, unlike competitors who focus on endpoint or network security [10][15] Competitive Landscape - The increase in competitors validates the importance of data security, with many companies entering the space from adjacent product categories [15][16] - Varonis differentiates itself by offering comprehensive monitoring across various data sets, including databases, applications, and cloud environments [18][19] Adoption of Generative AI - Organizations are cautious about adopting generative AI tools without addressing data privacy and security concerns [21][22] - Varonis is seeing increased demand for its services as companies look to secure their data before deploying AI tools [22][23] MDDR Offering - The Managed Detection and Response (MDDR) service has become a significant driver of business, providing customers with continuous monitoring and alerts for potential threats [31][35] - MDDR is only available through the SaaS platform, which has seen rapid adoption since its launch [40][41] Transition to SaaS - Varonis is undergoing a significant transition from on-premises to SaaS, with expectations that 80% of its Annual Recurring Revenue (ARR) will come from SaaS by the end of 2025 [38][39] - The company has reported higher Net Revenue Retention (NRR) for its SaaS offerings compared to overall company metrics, indicating strong customer growth and satisfaction [42][43] Financial Performance - Varonis has raised its ARR guidance despite macroeconomic uncertainties, reflecting confidence in its business model and growth trajectory [55][56] - The company is focused on maintaining profitability during its transition, with better-than-expected margins from its SaaS model [51][52] Conclusion - Varonis Systems is well-positioned to capitalize on the growing demand for data security solutions, particularly as organizations increasingly prioritize data protection in the face of evolving threats and the adoption of AI technologies [9][10][21]

NEW YORK and TOKYO, May 15, 2025 /PRNewswire/ -- TNL Mediagene (Nasdaq: TNMG, the "Company"), a Tokyo-based next-generation digital media and data group in Asia, will present and host one-on- one meetings with investors at the Sidoti Micro-Cap Virtual Investor Conference, taking place on May 21-22, 2025. Co-Founder & CEO Joey Chung and Co-Founder & President Motoko Imada will be present at the event to give a presentation of the business and conduct one-on-one meetings with investors to discuss the Company' ...

Core Insights - Netflix is expanding its live streaming content, now reaching over 94 million global monthly active users, with a focus on sports, comedy, and special events [1] - Upcoming live events include the Katie Taylor vs. Amanda Serrano rematch on July 11 and two NFL Christmas Day matchups [1] - Netflix will also stream the 32nd Annual Screen Actors Guild Awards on March 1, 2026, and its own "Netflix Tudum 2025: The Live Event" [2] Advertising and Audience Engagement - The company introduced the Netflix Ads Suite, incorporating first-party data from LiveRamp or Netflix, and expanding programmatic ad buying options [3] - A new ad format will utilize generative AI to match ads with Netflix shows [3] - Netflix has a strong reach among Gen Z and millennials, with more viewers aged 18-34 than any other U.S. broadcast or cable network, and U.S. ad-supported tier consumers watching an average of 41 hours per month [4]

Summary of Instacart (CART) FY Conference Call - May 14, 2025 Company Overview - Instacart is a leading grocery technology company in North America, partnering with over 1,800 retail banners and powering enterprise storefronts for about 600 retail banners [3][5] Key Points and Arguments Leadership Transition - CEO Fiji Simo has stepped down, leaving a strong foundation for the company, with a management team that has been effective and a clear strategic vision [5][6] - The board intends to appoint an internal candidate as the new CEO, indicating confidence in the current strategy and financial discipline [6][7] Market Opportunity and Growth - Instacart is focused on driving online penetration in the grocery market, particularly in the large basket segment [8][9] - The company has experienced double-digit growth for several quarters, with a 10% growth in Gross Transaction Value (GTV) in 2024 [17][25] Consumer Behavior and Resilience - Instacart has not observed significant changes in consumer behavior despite macroeconomic challenges like inflation [13][15] - The convenience of grocery delivery remains a priority for consumers, even in recessionary environments [15][16] User Engagement and Retention - Strategies to attract new users include brand marketing and improving user engagement through incentives and enhanced platform features [19][20] - The company has improved its order quality, with a 15% increase in the perfect found and fill rate over the last three years [20][21] Partnerships and New Offerings - The partnership with Uber Eats has positively impacted user engagement and spending, with expectations for continued growth [27][29] - The introduction of a $10 minimum basket for Instacart Plus users aims to enhance accessibility and drive order frequency [30][31] Operational Efficiency - Instacart is focused on improving shopper efficiencies, utilizing technology to reduce order processing time and enhance customer experience [35][36] - The company has implemented AI in various operational aspects, improving logistics and personalizing consumer experiences [61][63] Financial Performance and Profitability - Instacart aims to maintain a transaction take rate between 6.5% and 7.5%, with fluctuations expected based on reinvestment strategies [44][45] - The company is committed to EBITDA growth and margin expansion while reinvesting in opportunities that drive long-term profitability [57][59] Advertising and Revenue Growth - Advertising revenue is expected to grow modestly faster than GTV, with a focus on building a robust advertising business [50][52] - The company is expanding its advertising capabilities and partnerships to enhance scale and effectiveness [53][54] Capital Allocation - Instacart has been opportunistic in its capital allocation, including significant stock buybacks, and plans to continue this approach moving forward [66][68] Additional Important Insights - The company is leveraging data to provide personalized shopping experiences, addressing dietary restrictions and preferences [64][65] - Instacart's operational capabilities allow for batching of orders, enhancing efficiency and cost-effectiveness [32][33] This summary encapsulates the key insights and strategic directions discussed during the conference call, highlighting Instacart's focus on growth, operational efficiency, and consumer engagement in the grocery technology sector.

Financial Data and Key Metrics Changes - In Q1, the company generated contribution ex TAC of $75 million, representing an 8% year-over-year growth [18] - Programmatic revenue reached a Q1 record of $71.8 million, reflecting a 10% increase compared to Q1 2024 [18] - Adjusted EBITDA was $23.1 million, a 95% increase from Q1 2024, with an adjusted EBITDA margin increasing to 31% from 17% [20][21] - Non-IFRS diluted earnings per share were $0.16 in Q1 2025, compared to $0.02 in Q1 2024 [21] Business Line Data and Key Metrics Changes - CTV revenue reached a record of $26.4 million, reflecting 40% year-over-year growth, accounting for 37% of programmatic revenue, up from 29% in Q1 2024 [19] - Self-service contribution ex TAC grew by 32%, while PMP revenue rose by 12% year-over-year [20] - Contribution ex TAC from display decreased by 22%, largely due to declines in non-core, non-programmatic business lines [20] Market Data and Key Metrics Changes - The company observed continued growth in CTV, video, self-service products, and PMPs, with increases across education, finance, health, and automotive verticals [19] - The company is well diversified across various verticals, mitigating risks from any single sector [35] Company Strategy and Development Direction - The company emphasizes its unified end-to-end platform, which is gaining recognition for delivering simplicity, control, and efficiency [6] - The launch of NextAI is seen as a transformational step, enhancing the advertising journey through AI and machine learning capabilities [7][8] - The company aims to capitalize on the long-term growth opportunity in CTV as consumers shift to ad-supported streaming [11] Management's Comments on Operating Environment and Future Outlook - Management remains cautious about the advertising market due to economic uncertainty but is confident in achieving its full-year guidance [23][25] - The company is well positioned to support customers in challenging markets, focusing on efficiency and stronger ROI [25][26] - The ongoing Google AdTech antitrust case could potentially benefit the company by creating a more level playing field in the market [27] Other Important Information - The company repurchased approximately 3.7 million ordinary shares in Q1, representing an investment of about $32.9 million [21] - The company has no long-term debt and plans to continue allocating capital to share repurchases [22] Q&A Session Summary Question: Can you elaborate on the macro comments and specific verticals showing strength or weakness? - Management noted some softness in April but emphasized diversification across verticals, which helps mitigate risks [34] Question: Is the reiteration of guidance due to conservatism or related to AI investments? - Management indicated that the adjusted EBITDA beat was due to several factors, including top-line performance and better utilization, while maintaining caution regarding yearly guidance [36] Question: What feedback are you receiving from customers unfamiliar with Nexon? - Management highlighted improved messaging and the rising importance of data as key factors in attracting new customers [40] Question: Will there be incremental investments to take advantage of the Google outcome? - Management stated that no extra investment is needed, as growth can be achieved with current resources [44] Question: Can you provide more color on CTV segment growth versus platform improvements? - Management anticipates reaching around 40% CTV revenues out of programmatic revenue, while remaining cautious about external factors [49] Question: What partnerships are driving growth? - Management emphasized a diversified approach and did not rely on any single partnership for growth [70] Question: What percentage of DSP buys go through your SSP? - Currently, about 50% of DSP buys are facilitated through the SSP, with potential for growth in the future [74]

Financial Data and Key Metrics Changes - The company recorded a gross booking value of $9.8 billion for the year, with a year-on-year growth rate of 25.9% in constant currency terms [6] - Adjusted operating profit reached an all-time high of $167.3 million, reflecting a year-on-year growth of 34.7% [6][25] - For Q4, gross booking value growth accelerated to 30.4% year-on-year in constant currency terms, while adjusted operating profit grew at a rate of 37.9% year-on-year [6][27] Business Line Data and Key Metrics Changes - The international air ticketing revenue grew by over 33% year-on-year, significantly outpacing industry growth [9] - The international hotels revenue grew by over 65% year-on-year, making it one of the fastest-growing segments [9] - The accommodation business, including hotels and packages, saw a gross booking value growth of 27.7% year-on-year in Q4 [11] Market Data and Key Metrics Changes - The international business now contributes 25% to overall revenue, up from 22% in the previous fiscal year [10] - Domestic departures crossed pre-pandemic levels, while international departures grew by 18.5% year-on-year [10] - The online penetration in international air ticketing is steadily increasing, aiding gross booking value growth [10] Company Strategy and Development Direction - The company is focused on enhancing user experience through generative AI, with features like trip planning chatbots and AI-driven support for booking changes [8][9] - The strategy includes expanding into underpenetrated international outbound markets and strengthening product propositions [9] - The company aims to maintain a marketing spend around 5% of gross booking value while investing in ancillary travel services and geographic expansion [35][36] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about recovering lost momentum following recent geopolitical disruptions, emphasizing collaboration with airline and hotel partners [22] - The company remains focused on driving growth in the twenties and does not foresee a slowdown in growth trajectory [39][40] - Management highlighted the importance of agility in responding to macroeconomic changes and maintaining a strong execution strategy [21][22] Other Important Information - The company has a capital allocation strategy focused on growth initiatives, exploring niche opportunities, and returning value to shareholders through buybacks [30] - The company has deployed approximately $21.7 million in its share repurchase program [31] Q&A Session Summary Question: On selling and marketing expenses - Management plans to maintain marketing expenses around 5% of gross booking value, focusing on driving growth rather than reducing spend [35][36] Question: Industry growth rate outlook - Management aims for growth in the twenties and believes the current trajectory will continue despite temporary challenges [39][40] Question: Competition from generative AI - Management is confident in leveraging their data and technology to stay ahead of potential competition in the AI space [42][44] Question: Competition in the Indian market - Management views the Indian travel market as underpenetrated and believes there is significant room for growth despite current competition [55][59] Question: Margin guidance and buyback strategy - Management aims to stabilize margins in the 1.8% to 2% range and will continue to be opportunistic with buybacks based on market conditions [70][74]

Video that explains how AI Vault works and the unique nature of its architecture NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- Bubblr Inc., d/b/a Ethical Web AI. (OTCQB: BBLR) - A frontrunner in enterprise-specific generative AI has submitted AI Vault to become publicly available on AWS Marketplace. AI Vault is Ethical Web AI's unique enterprise-specific generative AI product. This event is hugely significant as it will allow clients to install and implement AI Vault directly from AWS Marketplace. Bein ...

Nexxen First Quarter 2025 Earnings Call May 14, 2025 © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen. Introduction to Speakers & Safe Harbor Statement This presentation has been prepared by Nexxen International Ltd. (the "Company" or "Nexxen"). This presentation and the accompanying oral presentation contain forward-looking statements. These statements may relate to, but are not limited to: statements regarding anticipated financial results for full year 2025 and beyond; ...

Core Insights - Nexxen International Ltd. reported record financial results for Q1 2025, driven by a 40% year-over-year growth in Connected TV (CTV) revenue and a 95% increase in Adjusted EBITDA [1][3][5] - The company completed a $50 million Ordinary Share repurchase program and initiated a new $50 million repurchase program in April 2025 [1][11] - Nexxen will host an investor day on May 22, 2025, to discuss its growth strategies and innovations [1][3] Financial Performance - Q1 2025 Contribution ex-TAC reached $75.0 million, an 8% increase year-over-year [5][10] - Programmatic revenue for Q1 2025 was $71.8 million, up 10% year-over-year, and accounted for 92% of total revenue compared to 88% in Q1 2024 [5][10] - Adjusted EBITDA for Q1 2025 was $23.1 million, reflecting a 95% increase year-over-year, with an Adjusted EBITDA margin of 31% on a Contribution ex-TAC basis [5][10][12] Operational Highlights - The company added 101 new actively spending first-time advertiser customers in Q1 2025 across various sectors, including travel and financial services [11] - Nexxen expanded its partnerships with major players in the industry, enhancing its advanced TV offerings and programmatic advertising capabilities [11] - The launch of nexAI, an AI-powered suite of tools, is expected to improve data usability and performance for clients [3][11] Financial Guidance - Nexxen reaffirmed its full-year 2025 financial guidance, projecting Contribution ex-TAC of approximately $380 million and Adjusted EBITDA of around $125 million [6][7] - The company remains confident in its guidance despite potential market softness due to economic uncertainties [6][7]