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Shutterstock CEO: Mobile Image Sharing Snowballing

Date:
February 21, 2014
Source:
TheStreet / Powered by NewsLook.com
Summary:
Shutterstock sales spiked 38% to $68 million in the fourth quarter as demand for images soared, but the next big things for the company will likely be video and its mobile apps, says the company's CEO Jon Oringer. Shutterstock saw its paid image downloads reach a record 28 million in the fourth quarter and active customers surpass 940,000. As for the high level of short interest in the company's stock and its sky-high valuation, Oringer says the company has proven its ability to grow in the past and believes its new products will keep it on the fast track. Video provided by TheStreet


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last updated on 2014-04-17 at 1:43 am EDT

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For Handset Makers, Customization Is the Key

For Handset Makers, Customization Is the Key

NDTV (Sep. 9, 2013) Just a few years back, not everyone had a mobile phone. When mobile phones made a debut across the country, their usage was restricted. They were expensive and not everyone could afford them. Gradually companies included different languages in the phone and all those who struggled with the interface, had the option to send texts, save contacts, dial numbers in a language they understood and were comfortable in.
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China Mobile Finally Signs Deal With Apple

China Mobile Finally Signs Deal With Apple

Newsy (Dec. 5, 2013) According to reports, Apple and China Mobile have reached a deal. The move will allow Apple to sell iPhones to China Mobile's 750 million customers.
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'Cell Buddy' App May Circumvent Roaming Charges

'Cell Buddy' App May Circumvent Roaming Charges

AP (Dec. 13, 2013) An Israeli start-up is testing a new way to avoid steep roaming charges on mobile phones: a "Cell Buddy" app that can connect the international traveler's smartphone to virtually any mobile network. (Dec. 13)
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