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.
The nation’s employers added 336,000 jobs in September, an unexpectedly robust gain and the largest monthly rise since January, evidence that many companies remain confident enough to keep hiring despite high-interest rates and a hazy outlook for the economy.
The cost of financing a home surged again this week as the average long-term U.S. mortgage rate climbed to its highest level since December 2000, further dimming the affordability outlook for many would-be homebuyers.
A commercial fisherman accused of conspiring with others to sell 200,000 pounds (90,000 kilos) of fish in excess of legal quotas has been convicted in federal court in New York.