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Investors looking for dividend plays may want to check out China-based wealth management firm Noah , according to UBS. Noah announced its first dividend payout plan in 2022, and its payout ratio — or the proportion of the company's net income paid out to shareholders as dividends — was equivalent to 17.5%, she said. However, there are likely more capital market initiatives to increase returns to shareholders, Li pointed out. "We expect the company to announce more initiatives to increase market liquidity and shareholder return. We see upside risk to a potentially increased dividend payout ratio for 2023E," she wrote.
Persons: Noah, Helen Li, , Li, NOAH YTD, We're, Qing Pan, — CNBC's Michael Bloom Organizations: UBS, The, Zhongzhi Enterprise Group Locations: China, U.S
Netflix also conducted a search before hiring two Snap executives, Jeremi Gorman and Peter Naylor, to lead its new ads business. XandrLesser, a longtime digital ad executive, has extensive experience working on issues around the future of digital marketing. McDonald has a ton of other digital ad sales and publishing experience. She helped launch Modi Media, ad buying giant GroupM's addressable TV business, before joining TV adtech startup Cadent. UnivisionValentino runs Disney's digital ad business as EVP, client and brand solutions.
Elon Musk spoke on Thursday with more than 100 advertisers and ad agency executives in a virtual meeting to reassure them that Twitter will remain safe to advertise on, following his takeover. The Washington Post reported earlier this week that Musk's Twitter is working on a paid-for video feature, in which creators could charge viewers for access. One advertising executive who met with Musk earlier this week said Musk "said all the right things" on the topic of brand safety. Musk had also said that Twitter could be using its data in a more efficient way to improve results for advertisers. General Mills, Mondelez, Pfizer, and Audi all paused ads on Twitter, according to The Wall Street Journal.
Layoffs have hit the red-hot climate tech sector as it jostles with the economic downturn. Carbon accounting startup Emitwise has become the latest climate tech startup to lay off staff as the industry jostles with the economic downturn, Insider understands. Climate tech is wide-ranging, encapsulating everything from research and development-heavy batteries to carbon accounting SaaS tools. The energy crisis has been a boon for home energy startups working on rooftop solar, heat pumps, and smart thermostats. At One Ventures' Lin added that in moments of economic difficulty "sometimes the most interesting innovations are born."
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