Item 8.01 Other Events.
On
Cautionary Statement Regarding Forward-Looking Information
This Current Report on Form 8-K contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "will," "may," "could," "should," "would," "anticipates," "estimates," "expects," "plans," "projects," "forecasts," "intends," "targets," "seeks" and "believes," as well as variations of these words or comparable words, among others, generally identify forward-looking statements. These forward-looking statements include, among others, statements relating to becoming sustainably profitable and timing associated with our reduction-in-force. Forward-looking statements are based on our management's beliefs and assumptions and on information currently available. These forward-looking statements are subject to a number of known and unknown risks, uncertainties and assumptions. Actual results could differ materially from those contained in or implied by these forward-looking statements.
Factors that could cause or contribute to such differences include, but are not
limited to: adverse changes in economic conditions, changes in the regulatory
landscape, including, in particular, changes in laws that might increase the
liability of online intermediaries for user-generated content, reputational
damage caused by problematic user content or our decisions to remove (or not
remove) it; changes in policies implemented by third party platforms upon which
we rely for traffic and distribution of mobile apps, increased competition in
the online video category, our ability to convert visitors into uploaders and
uploaders into paying subscribers, our ability to retain paying subscribers by
maintaining and improving our value proposition, our ability to provide video
storage and streaming in a cost-effective manner, our ability to successfully
attract sales-assisted customers, our ability to protect sensitive data from
unauthorized access, the integrity, quality, scalability and redundancy of our
systems, technology and infrastructure (and those of third parties with which we
do business), our ability to successfully operate in and expand into additional
international markets, our ability to adequately protect our intellectual
property rights and not infringe the intellectual property rights of third
parties, foreign exchange currency rate fluctuations, the impact of the COVID-19
pandemic and geopolitical events on our business, the possibility that our
historical consolidated and combined results may not be indicative of our future
results and the other factors set forth in the section titled "Risk Factors" in
our Annual Report on Form 10- K for the fiscal year ended
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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