Latest news with #ThomasSnyder
Indian Express
4 days ago
- Business
- Indian Express
LinkedIn rolls out ‘Mini Sudoku' puzzle game created with world champion Thomas Snyder
LinkedIn has introduced a new puzzle game for the 1.2 billion users of its professional social networking app. The game is a miniature version of Sudoku. Instead of the traditional 9-by-9 grid, Mini Sudoku by LinkedIn is scaled down to a 6-by-6 grid puzzle that is supposed to be completed in two or three minutes. Mini Sudoku becomes harder to solve with every passing day of the week, similar to other puzzle-based games on LinkedIn. With Mini Sudoku, LinkedIn might be looking to play to the nostalgia of users. It could also lead to healthy competition between colleagues, friends and family members in terms of who can solve the puzzle first. Besides giving users something new to talk about, LinkedIn is likely introducing games on its platforms to boost engagement and user retention times. 'We don't want to have a puzzle on LinkedIn that takes 20 minutes to solve, right? We're not games for games' sake,' Lakshman Somasundaram, a senior director of product at LinkedIn, was quoted as saying by CNBC. Mini Sudoku was reportedly conceived based on an encounter between LinkedIn executives and Japanese publisher Nikoli, which popularised Sudoku, in Tokyo, Japan last year. Thomas Snyder, a three-time World Sudoku Championship winner, was also involved in helping LinkedIn design its gaming strategy for Mini Sudoku. Seeking to make the ancient game more accessible, the Microsoft-backed company reportedly designed several prototypes before finalising the version with six rows and six columns of squares. Mini Sudoku is the sixth game rolled out by LinkedIn so far. Millions of people play games on LinkedIn with 7am ET (4:30 pm IST) being the most popular time among users to play the game and Gen Z users on LinkedIn being the top demographic, a company spokesperson was quoted as saying. Over 86 per cent of the users who play regularly will return tomorrow, and 82 per cent of them will be playing next week, the spokesperson added.
The Verge
5 days ago
- Entertainment
- The Verge
LinkedIn's next game is a new take on sudoku.
All the news about daily puzzle games See all Stories Posted Aug 12, 2025 at 1:00 PM UTC LinkedIn's next game is a new take on sudoku. Mini Sudoku , which uses six numbers instead of nine, is made with the Japanese publisher Nikoli, which helped popularize the game, and Thomas Snyder, a sudoku world champion. Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates. Jay Peters Posts from this author will be added to your daily email digest and your homepage feed. See All by Jay Peters Posts from this topic will be added to your daily email digest and your homepage feed. See All Entertainment Posts from this topic will be added to your daily email digest and your homepage feed. See All Gaming Posts from this topic will be added to your daily email digest and your homepage feed. See All News
Business Wire
27-06-2025
- Business
- Business Wire
Stock Option Award and Restricted Stock Unit Award Granted as Inducement to Thomas Snyder, New President and Chief Executive Officer of TriMas
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that, as previously disclosed in a Current Report on Form 8-K filed on June 9, 2025 with the Securities and Exchange Commission, the Company has made an inducement grant to Thomas Snyder, the newly-appointed President and Chief Executive Officer of TriMas. As approved by the Company's Board of Directors and Compensation Committee pursuant to Rule 5635(c)(4) of the Nasdaq Stock Market Listing Rules, the inducement grant was made on June 24, 2025, and consists of: (1) a time-based, premium-priced and non-qualified stock option award to purchase 900,000 shares of the Company's common stock; and (2) a time-based restricted stock unit award consisting of 152,439 restricted stock units. The stock options and restricted stock units were granted outside of the terms and conditions of the TriMas Corporation 2023 Equity and Incentive Compensation Plan as an inducement to Mr. Snyder's acceptance of employment with the Company. Each of the inducement grants is generally subject to continued employment and the terms of the respective award agreement for such grant. The stock option grant consists of five tranches, with the first tranche covering 100,000 shares, and each of the remaining tranches covering 200,000 shares. The five tranches have premium exercise prices of $30, $35, $40, $45 and $50 per share, respectively, and each tranche will generally vest ratably over a five-year period from the date of grant. The stock option grant will generally have a 10-year term from the date of grant, and will be subject to pro-rata vesting (equivalent to another portion of each tranche) for Mr. Snyder's termination due to death or disability or Mr. Snyder's involuntary termination without cause or for good reason, as well as double-trigger vesting in the event of a change in control of the Company (or anticipatory termination within 90 days prior to such a change in control). The restricted stock units will generally vest ratably over a three-year period from the date of grant, subject generally to accelerated vesting for termination due to death or disability or involuntary termination without cause or for good reason, as well as double-trigger vesting in the event of a change in control of the Company. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,900 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, and operates under a common set of values and strategic priorities under the TriMas Business Model. TriMas is publicly traded on the NASDAQ under the ticker symbol 'TRS,' and is headquartered in Bloomfield Hills, Michigan. For more information, please visit Notice Regarding Forward-Looking Statements Any "forward-looking" statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, contained herein, including those relating to TriMas' business, financial condition or future results, involve risks and uncertainties with respect to, including, but not limited to: general economic and currency conditions; competitive factors; market demand; our ability to realize our business strategies; our ability to identify attractive acquisition candidates, successfully integrate acquired operations or realize the intended benefits of such acquisitions; pressures on our supply chain, including availability of raw materials and inflationary pressures on raw material and energy costs, and customers; the performance of our subcontractors and suppliers; risks and uncertainties associated with intangible assets, including goodwill or other intangible asset impairment charges; risks associated with a concentrated customer base; information technology and other cyber-related risks; risks related to our international operations, including, but not limited to, risks relating to tensions between the United States and China; government and regulatory actions, including, without limitation, climate change legislation and other environmental regulations, as well as the impact of tariffs, quotas and surcharges; changes to fiscal and tax policies; intellectual property factors; uncertainties associated with our ability to meet customers' and suppliers' sustainability goals and achieve our sustainability goals in alignment with our own announced targets; litigation; contingent liabilities relating to acquisition activities; interest rate volatility; our leverage; liabilities imposed by our debt instruments; labor disputes and shortages; the disruption of operations from catastrophic or extraordinary events, including, but not limited to, natural disasters, geopolitical conflicts and public health crises, the amount and timing of future dividends and/or share repurchases, which remain subject to Board approval and depend on market and other conditions; our future prospects; and other risks that are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024. The risks described are not the only risks facing our Company. Additional risks and uncertainties not currently known to us or that we currently deemed to be immaterial also may materially adversely affect our business, financial position and results of operations or cash flows. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements, except as required by law.
Yahoo
27-06-2025
- Business
- Yahoo
Stock Option Award and Restricted Stock Unit Award Granted as Inducement to Thomas Snyder, New President and Chief Executive Officer of TriMas
BLOOMFIELD HILLS, Mich., June 27, 2025--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that, as previously disclosed in a Current Report on Form 8-K filed on June 9, 2025 with the Securities and Exchange Commission, the Company has made an inducement grant to Thomas Snyder, the newly-appointed President and Chief Executive Officer of TriMas. As approved by the Company's Board of Directors and Compensation Committee pursuant to Rule 5635(c)(4) of the Nasdaq Stock Market Listing Rules, the inducement grant was made on June 24, 2025, and consists of: (1) a time-based, premium-priced and non-qualified stock option award to purchase 900,000 shares of the Company's common stock; and (2) a time-based restricted stock unit award consisting of 152,439 restricted stock units. The stock options and restricted stock units were granted outside of the terms and conditions of the TriMas Corporation 2023 Equity and Incentive Compensation Plan as an inducement to Mr. Snyder's acceptance of employment with the Company. Each of the inducement grants is generally subject to continued employment and the terms of the respective award agreement for such grant. The stock option grant consists of five tranches, with the first tranche covering 100,000 shares, and each of the remaining tranches covering 200,000 shares. The five tranches have premium exercise prices of $30, $35, $40, $45 and $50 per share, respectively, and each tranche will generally vest ratably over a five-year period from the date of grant. The stock option grant will generally have a 10-year term from the date of grant, and will be subject to pro-rata vesting (equivalent to another portion of each tranche) for Mr. Snyder's termination due to death or disability or Mr. Snyder's involuntary termination without cause or for good reason, as well as double-trigger vesting in the event of a change in control of the Company (or anticipatory termination within 90 days prior to such a change in control). The restricted stock units will generally vest ratably over a three-year period from the date of grant, subject generally to accelerated vesting for termination due to death or disability or involuntary termination without cause or for good reason, as well as double-trigger vesting in the event of a change in control of the Company. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,900 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, and operates under a common set of values and strategic priorities under the TriMas Business Model. TriMas is publicly traded on the NASDAQ under the ticker symbol "TRS," and is headquartered in Bloomfield Hills, Michigan. For more information, please visit Notice Regarding Forward-Looking Statements Any "forward-looking" statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, contained herein, including those relating to TriMas' business, financial condition or future results, involve risks and uncertainties with respect to, including, but not limited to: general economic and currency conditions; competitive factors; market demand; our ability to realize our business strategies; our ability to identify attractive acquisition candidates, successfully integrate acquired operations or realize the intended benefits of such acquisitions; pressures on our supply chain, including availability of raw materials and inflationary pressures on raw material and energy costs, and customers; the performance of our subcontractors and suppliers; risks and uncertainties associated with intangible assets, including goodwill or other intangible asset impairment charges; risks associated with a concentrated customer base; information technology and other cyber-related risks; risks related to our international operations, including, but not limited to, risks relating to tensions between the United States and China; government and regulatory actions, including, without limitation, climate change legislation and other environmental regulations, as well as the impact of tariffs, quotas and surcharges; changes to fiscal and tax policies; intellectual property factors; uncertainties associated with our ability to meet customers' and suppliers' sustainability goals and achieve our sustainability goals in alignment with our own announced targets; litigation; contingent liabilities relating to acquisition activities; interest rate volatility; our leverage; liabilities imposed by our debt instruments; labor disputes and shortages; the disruption of operations from catastrophic or extraordinary events, including, but not limited to, natural disasters, geopolitical conflicts and public health crises, the amount and timing of future dividends and/or share repurchases, which remain subject to Board approval and depend on market and other conditions; our future prospects; and other risks that are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024. The risks described are not the only risks facing our Company. Additional risks and uncertainties not currently known to us or that we currently deemed to be immaterial also may materially adversely affect our business, financial position and results of operations or cash flows. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements, except as required by law. View source version on Contacts Sherry LauderbackVP, Investor Relations, Communications & Sustainability(248) Sign in to access your portfolio
Entrepreneur
20-05-2025
- Business
- Entrepreneur
How He Started a Business With Over $1 Billion in Sales
Steve Magami grew up in a "wellness-oriented" family, and early on, he experienced the frustration shared by fruit consumers across the U.S.: the pervasive game of "berry roulette," where there's no guarantee that the carton of berries pulled from a grocery store shelf will actually taste good. Image Credit: Courtesy of Fruitist. Steve Magami. The issue often stems from a scattered supply chain, wherein the product cycles through disparate growers, packers, distributors and retailers before it reaches the consumer. "The produce space went in the direction of commodity agriculture, which is an extreme focus on cost and yield to bring cost per kilo down," Magami tells Entrepreneur. Magami wanted to start a berry business with a vertical supply chain that would raise the bar for product quality. He and his co-founder, Thomas Snyder, founded Agrovision, a Los Angeles-based agriculture company specializing in berries, in 2012, and introduced its berry brand Fruitist in 2020. Related: A Cambodian Refugee Paralyzed By Polio Says 'Not Much' Was Expected of Him. He and His Wife Built a Multimillion-Dollar Business That Beat All Odds. The brand has been making its mark on the massive global berry market ever since. Fruitist's flagship product is its jumbo blueberries, but the company also sells blackberries, raspberries and cherries. Today, Fruitist's sales generate over $400 million a year, and the brand just surpassed $1 billion in lifetime sales. The parent company officially changed its name to Fruitist on April 16. "We knew we needed a name that reflected our mission, identity and where we were going," Magami says. Image Credit: Courtesy of Fruitist "I saw an opportunity to use these microclimates with a new model to solve that 'berry roulette.'" Magami was working in private equity, looking at microclimates for large-scale biofuel development and deployment, when inspiration for Fruitist struck. "I saw an opportunity to use these microclimates with a new model to solve that 'berry roulette,'" Magami says. "I saw an opportunity to truly inspire healthy and enjoyable snacking." The berry industry might not be widely recognized for its potential for disruption, but as Magami and Snyder built their brand "brick by brick," they managed to attract notable investors, including the family office of Ray Dalio, the billionaire founder of Bridgewater Associates. Related: 4 Strategies for Creating a Compelling Business Plan That Actually Attracts Investors — and Secures Funding "It's so unique because we're disrupting this sleepy industry, the fruit aisle," Magami explains. "This is a high-impact play. There's a lot of sustainability around this, and it gives you the ability to play outside of tech but in a high-growth, disruptive way." Fruitist has raised a total of $693 million between equity and debt, per the company. These days, Fruitist has to turn interested investors away, Magami says. "They're making more money per square inch of the shelf. There's virtually no shrink with us." Fruitist relies on technology and data analytics to achieve its consistent product quality. The company has invested more than $600 million since its founding to build precise, high-tech production operations in seven countries in addition to the U.S.: Peru, Mexico, Chile, Morocco, Egypt, China and India. The plan was always to start with a differentiated product and secure buy-in from retailers, which would then get consumers on board in just "a matter of time," Magami says. Customer demand across the more than 12,500 U.S. retail stores where Fruitist is available, including Costco and Whole Foods, proves that assessment out. "Our retailers are making more money with us," Magami says. "We're driving foot traffic, [and] they're making more money per square inch of the shelf. There's virtually no shrink with us." Related: 5 Business Truths I Wish Someone Had Told Me Before I Built a Startup Fruitist's commitment to product quality has also helped Fruitist position its berries for U.S. snacking culture. "Obviously, the trend is towards healthier, nutritious, convenient, grab-and-go," Magami says. "Blueberries are already so healthy, but to have blueberries that are so good and so consistent is a massive unlock. Because now you're hitting everything that you could want in a snack." Image Credit: Courtesy of Fruitist "The dollars will come. Don't cut corners prioritizing cost over consumer experience." Magami is determined to build Fruitist into a generational business — not one that "stops growing after five years" — and to continue amplifying its brand messaging. Magami is especially excited to continue that work through the world of sports. Fruitist became the official snack partner of D.C. United, announcing a multi-year partnership in February 2024, and partnered with the University of Southern California's (USC) Trojans last October. What's more, Fruitist is particularly keen on capturing the attention of younger generations. Magami is encouraged by the positive response from his children and their friends to Fruitist's berries and strives to get the product into the hands of other young snackers. The brand's forthcoming snack cups, which will retail for about $3, are another step toward increased accessibility, Magami says. Related: How to Master the Art of Brand Messaging With Clear and Consistent Communication Despite the company's impressive track record to date, Magami believes that Fruitist has "only scratched the surface" of what's possible — and notes that other founders considering the produce space should embrace the chance to fill gaps in quality. "There's so much opportunity across the produce aisle, in our view, from what we've seen outside of our products that we're focused on, which is berries and cherries," Magami says. "I would encourage entrepreneurs to focus on controlling the quality consistently and delivering an experience on the shelf, and the dollars will come. Don't cut corners prioritizing cost over consumer experience."
