REA Group

News Corporation Reports First Quarter Results for Fiscal 2024

Retrieved on: 
Thursday, November 9, 2023
Digital Marketing, Publishing, TV and Radio, Marketing, Advertising, Communications, Books, Entertainment, Webcast, Shareholder, Security (finance), Investment, Public expenditure, News Corporation, EPS, GAAP, Micromax IN Note 1, News, EST, REA Group, REA, Cryptocurrency, Bank, Bookkeeping

The decrease in both free cash flow and free cash flow available to News Corporation was primarily due to higher cash used in operating activities, as mentioned above, and higher capital expenditures.

Key Points: 
  • The decrease in both free cash flow and free cash flow available to News Corporation was primarily due to higher cash used in operating activities, as mentioned above, and higher capital expenditures.
  • Free cash flow and free cash flow available to News Corporation are non-GAAP financial measures.
  • Free cash flow is defined as net cash provided by (used in) operating activities, less capital expenditures, and free cash flow available to News Corporation is defined as free cash flow, less REA Group free cash flow, plus cash dividends received from REA Group.
  • The Company believes free cash flow provides useful information to management and investors about the Company’s liquidity and cash flow trends.

The Josh Bersin Company Introduces Systemic HR™, a Global Initiative to Redefine the Role of Human Resources in Business

Retrieved on: 
Tuesday, December 5, 2023
CHRO, Research, CHRO-TV, Organization, Center of excellence, SAP, Workforce, IBM, Mastercard, ING, TomTom, Human, Systemic, Partnership, HR, Growth, REA Group, AI, Human resources, SVP, Education, LEGO, Marketing, Business travel, Nursing, Management, Cryptocurrency, Sales, NewYork-Presbyterian Hospital, Telstra, Unilever

The Systemic HR Initiative, including a new study, The Definitive Guide to Human Resources: Systemic HR, from The Josh Bersin Company, is designed to help CHROs address these issues.

Key Points: 
  • The Systemic HR Initiative, including a new study, The Definitive Guide to Human Resources: Systemic HR, from The Josh Bersin Company, is designed to help CHROs address these issues.
  • "We believe adoption of the Systemic HR Initiative moves HR from a service delivery function to a proactive, solution-based consulting and advisory role."
  • Systemic HR research deliverables include a comprehensive research study, an organizational maturity model, Systemic HR Framework, specific action steps to move to Systemic HR, and a series of in-depth case studies describing the journey towards Systemic HR.
  • The Josh Bersin Company will also be launching a Systemic HR Awards program, starting at the company's annual executive conference, Irresistible 2024, to celebrate companies that embrace and implement the principles and practices of Systemic HR.

GPAX Summit Shanghai - 58.com, Anjuke to launch AI technology to empower the real estate industry

Retrieved on: 
Tuesday, August 8, 2023
REA Group, SIMPLE, Education, Marketing, Multimedia, Crowne Plaza Times Square Manhattan, Crowne Plaza, Virtual reality, City, Belt, Belt and Road Forum for International Cooperation, Commerce, Real estate, Warehouse, Tourism, VR

SHANGHAI, Aug. 8, 2023 /PRNewswire/ -- The Global Property Awards & Expo (GPAX), slated for 10-11 November 2023, is dedicated to the promotion of high-end real estate and immigration investment.

Key Points: 
  • SHANGHAI, Aug. 8, 2023 /PRNewswire/ -- The Global Property Awards & Expo (GPAX), slated for 10-11 November 2023, is dedicated to the promotion of high-end real estate and immigration investment.
  • The event will be hosted at the Crowne Plaza in Shanghai, China, and organised by leading industry entities 58.com, Anjuke, Simple and Overseas Investment Platform.
  • GPAX aspires to advance international high-end living, and focuses on five key themes of overseas real estate, migration, international education, overseas investment, and advancements in VR technology for real estate.
  • ANJUKE has an extensive Chinese real estate marketplace that spans 90 countries and 658 cities, and is working with REA Group on their Australian listing component.

David Doctorow To Depart Move, Inc. Damian Eales Named Successor

Retrieved on: 
Thursday, June 1, 2023
Commercial Building & Real Estate, Technology, Construction & Property, Publishing, Advertising, Communications, Media, Software, Residential Building & Real Estate, Great Barrier Reef Foundation, Finishing Move Inc., Partnership, Expedia, Public sector banks in India, News Corp, REA Group, University, Transformation, Head, Business, Move (company), EBay, Business administration, Digital technology, Acquisition, Dream, Australian Indigenous Education Foundation, News Corp Australia, Eales, Growth, REA, Stanford Graduate School of Business, News, Investment company, Retail, Video game, Sales, Management, Ipsos

News Corp has named Damian Eales to succeed him in the position, effective June 12, with Mr. Doctorow continuing to assist him in the transition in the coming weeks.

Key Points: 
  • News Corp has named Damian Eales to succeed him in the position, effective June 12, with Mr. Doctorow continuing to assist him in the transition in the coming weeks.
  • Mr. Doctorow helped complete the integration of OpCity into the Realtor.com® business and oversaw the acquisitions of Avail and UpNest.
  • Mr. Eales has been serving as Executive Vice President and Global Head of Transformation for News Corp since July 2020.
  • “We wish David well in the next phase of his career, and like David, Damian will be a strong ally for us and a very effective leader of Realtor.com®.

News Corporation Reports Third Quarter Results for Fiscal 2023

Retrieved on: 
Thursday, May 11, 2023
Digital Marketing, Publishing, TV and Radio, Advertising, Communications, Online, Books, Entertainment, REA Group, Micromax IN Note 1, GAAP, News Corporation, EDT, Public expenditure, Investment, Security (finance), EPS, REA, News, Bank, Bookkeeping

Free cash flow available to News Corporation in the nine months ended March 31, 2023 was $258 million compared to $618 million in the prior year period.

Key Points: 
  • Free cash flow available to News Corporation in the nine months ended March 31, 2023 was $258 million compared to $618 million in the prior year period.
  • The decrease in both free cash flow and free cash flow available to News Corporation was primarily due to lower cash provided by operating activities, as mentioned above, and higher capital expenditures.
  • Free cash flow and free cash flow available to News Corporation are non-GAAP financial measures.
  • Free cash flow is defined as net cash provided by operating activities, less capital expenditures, and free cash flow available to News Corporation is defined as free cash flow, less REA Group free cash flow, plus cash dividends received from REA Group.

News Corporation Reports Second Quarter Results for Fiscal 2023

Retrieved on: 
Thursday, February 9, 2023
Publishing, Communications, Media, Books, Entertainment, Public expenditure, EPS, Special Committee on Decolonization, Investment, Micromax IN Note 1, CoStar Group, CoStar Group, Inc. v. LoopNet, Inc., Security (finance), News, GAAP, REA Group, Common stock, Committee, Sale, Letter, REA, Move, EST, News Corporation, Cryptocurrency, Bank, Bookkeeping

The decrease in both free cash flow and free cash flow available to News Corporation was primarily due to lower cash provided by operating activities, as mentioned above.

Key Points: 
  • The decrease in both free cash flow and free cash flow available to News Corporation was primarily due to lower cash provided by operating activities, as mentioned above.
  • Free cash flow and free cash flow available to News Corporation are non-GAAP financial measures.
  • Free cash flow is defined as net cash provided by operating activities, less capital expenditures, and free cash flow available to News Corporation is defined as free cash flow, less REA Group free cash flow, plus cash dividends received from REA Group.
  • The Company believes free cash flow provides useful information to management and investors about the Company’s liquidity and cash flow trends.

Irenic Capital Comments on Withdrawal of Proposal to Combine News Corp and Fox

Retrieved on: 
Tuesday, January 24, 2023
Professional Services, Finance, Collection, Fox, NWSA, News, Entrepreneurship, REA Group, News Corp, Fox Corporation, Letter, Dow Jones & Company, REA, Dow Jones, NWS, FOX, Rockefeller Capital Management, News Corporation, Management, Irenicism

Adam Katz, Co-Founder and Chief Investment Officer of Irenic, commented:

Key Points: 
  • Adam Katz, Co-Founder and Chief Investment Officer of Irenic, commented:
    “Irenic is encouraged that Executive Chairman Rupert Murdoch and Co-Chairman Lachlan Murdoch have concluded that a combination with Fox is not in the best interests of News Corp and its shareholders.
  • This is the right decision.
  • Looking ahead, News Corp has an opportunity to create substantial value for its owners.
  • News Corp owns an exceptional – yet disparate – collection of assets and businesses that is worth far more than the Company’s current trading price.

Irenic Sends Letter to News Corp’s Special Committee Regarding the Need to Explore Value-Maximizing Alternatives to a Combination with Fox

Retrieved on: 
Monday, November 21, 2022
Banking, Professional Services, Finance, Advertising, Multimedia, The Wall Street Journal, Letter, Acquisition, News Corporation, REA, Growth, Sun, The Times, News media, NWS, Fundamental, Book, Research, Mortgage Choice, MTV (Canadian TV channel), Wall Street, Information services, Canadian House of Commons Special Committee on Electoral Reform, Publication, Dow Jones & Company, Dow Jones, Sale, Fox, HarperCollins, Finishing Move Inc., Fox Business, Cerberus Capital Management, Corporate title, Committee, NWSA, Dow, News, Collection, Fox Corporation, Disclosure, REA Group, Publishing, Management, Security (finance), Risk management, Property management, News Corp, Irenicism

We would be happy to own these businesses for a long time, and we believe most News Corp shareholders think the same.

Key Points: 
  • We would be happy to own these businesses for a long time, and we believe most News Corp shareholders think the same.
  • As Mr. Thomson put it just this August:
    The News Corporation of 9 years ago is not the News Corporation of now.
  • We have no doubt that the majority of News Corps unaffiliated shareholders, including Irenic, will vote against any deal that undervalues the Company.
  • We hope this letter and accompanying analysis facilitates productive engagement between the Special Committee and the shareholders that it serves.

Kasada Named Amazon CloudFront Ready Partner

Retrieved on: 
Tuesday, July 26, 2022
Online Retail, Security, Retail, Technology, Software, Internet, Amazon CloudFront, GM, API, Twitter, Global Alliance for Improved Nutrition, CISO, CEO, Partnership, Solution, REA Group, Fraud, AWS, Organization, Technology, LinkedIn, CDN, Security, Program, CAPTCHA, Engineering, Amazon, Growth, Automation, Over-the-top media service in India, Mobile edge computing, Online shopping, Facebook, Yadnya Kasada

Kasada today announced that it has been named an Amazon CloudFront Ready Partner, part of the AWS Service Ready Program.

Key Points: 
  • Kasada today announced that it has been named an Amazon CloudFront Ready Partner, part of the AWS Service Ready Program.
  • Amazon CloudFront Ready Partners provide solutions-focused offerings to AWS customers in the end-to-end media management, security, monitoring and analytics, and content acceleration space.
  • Being an Amazon CloudFront Ready Partner differentiates Kasada as an AWS Partner with a product that seamlessly integrates with Amazon CloudFront, helping customers optimize their use of the network.
  • It is an honor to be named an Amazon CloudFront Ready Partner for our expertise in delivering innovative AppSec and anti-bot solutions.

2-10 Home Buyers Warranty Group Announces Appointment of Ryan O'Hara as Chief Executive Officer

Retrieved on: 
Wednesday, July 20, 2022
Goal, Harvard Business School, Sale, Topps, Stanford University, Genstar, HBW, Genstar Capital, CEO, Solution, Content, Risk management, Board, REA Group, Leadership, Internet, Technology, MBA, Board of directors, Madison Square Garden Sports, Apollo Global Management, Sport, Distribution, Housing, Growth, New Home, Budget, Management, Insurance, Thryv, Economics

DENVER, July 20, 2022 /PRNewswire/ -- 2-10 Home Buyers Warranty Group (2-10 HBW), a market leader of home warranty solutions to homeowners, real estate professionals, and home builders, today announced the appointment of Ryan O'Hara as Chief Executive Officer.

Key Points: 
  • DENVER, July 20, 2022 /PRNewswire/ -- 2-10 Home Buyers Warranty Group (2-10 HBW), a market leader of home warranty solutions to homeowners, real estate professionals, and home builders, today announced the appointment of Ryan O'Hara as Chief Executive Officer.
  • Ryan Clark, President and Managing Director of Genstar Capital, which acquired 2-10 HBW in 2018, commented, "Ryan has an impressive track record of developing a strong vision and leading companies.
  • When Scott shared that he was going to retire, Ryan was our clear choice to lead 2-10 HBW into its next chapter of growth.
  • His broad experience as a CEO and board member makes him a tremendous addition to the 2-10 HBW team.