Shutterstock has been disrupting the stock photo market since 2003. Now, Shutterstock has officially sold 1 billion licenses for photos, music, and videos. Jon Oringer is the Chairman and CEO of Shutterstock. He joins Cheddar after ringing the NYSE Closing Bell to celebrate their big 1 billion milestone. Jon Oringer says he wants Shutterstock to be wherever the customer is. When asked if Shutterstock has a future in cryptocurrency and blockchain, Oringer explains Shutterstock has been researching the industry since 2012. Shutterstock already has a ledger with extensive purchase history information.

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US businesses that rely on Chinese imports express relief and anxiety
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
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