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Press contact: Allison Braley (212) 790-4487 [email protected] EPICURIOUS.COM IS MOST AWARD-WINNING FOOD WEBSITE Awards Season Results in James Beard, MPA Digital, and New York Emmy Awards for Epicurious.com NEW YORK, May 7, 2009 – Epicurious.com, the most award-winning food site, continued its winning streak Sunday night with its second consecutive James Beard Journalism Award for Best Website Focusing on Food, Beverage, or Nutrition. The James Beard Award is the latest in a recent winning streak for Epicurious.com, including two MPA Digital Awards (for “Website of the Year: Service & Lifestyle” and “Best Online Community”), one New York Emmy Award (for the site’s video series “Around the World in 80 Dishes”), and an ASME nomination (for “Best Interactive Feature”). “It’s an incredible honor to be lauded by the food, magazine, and broadcast industries all in the same year,” said Tanya Wenman Steel, editor in chief of Epicurious.com. “Each one of these awards represents Epicurious.com’s evolution from one of the first food Web sites in 1995, to one of the most comprehensive and respected food sites today.” Adding to this honor is the success of Epicurious.com’s new iPhone app, which launched last week. As of today, it is the top recipe app in the Apple App store and number two in the lifestyle category overall. Epicurious.com is a Condé Nast Digital site. Condé Nast Digital is the leading creator and developer of upscale lifestyle and business brands online. About Epicurious.com Epicurious.com, a Condé Nast Digital site, is a premier award-winning food Web site, which incorporates more than 25,000 professionally tested recipes from the premier brands in food journalism, Gourmet and Bon Appétit, plus web-exclusive recipes from renowned cookbooks and chefs. In addition, there are 75,000 member-submitted recipes, and web-exclusive original content from Epicurious.com editors and leading food authorities around the world. Epicurious offers a wealth of articles and tips focused on cooking, entertaining, wine, cocktails, and shopping. About Condé Nast Digital Condé Nast Digital is the leading creator and developer of upscale lifestyle and business brands online, providing enjoyable, useful services that build upon the heritage of the world's most prestigious magazines. Condé Nast Digital produces 25 award winning sites such as NewYorker.com, VanityFair.com, Glamour.com, Epicurious.com, Style.com, Wired.com, and Reddit. Condé Nast Digital is the Internet unit of Condé Nast. # # # .

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Reddit and Robinhood Vs. Investing for the Long Run
? Investment Insights Reddit and Robinhood vs. Investing for the Long Run Morningstar Investment Management Key Takeaways February 2021 × The recent meteoric rise and spectacular fall of stocks on Reddit and Robinhood should not present major risks to most investors, we believe, but this market behaviour is still concerning. For Financial Advisers & Their Clients × We view equity markets as a vehicle for investors to participate in the potential growth of companies whose stocks are attractively priced. Expecting massive, short-term price increases is speculation, not investing. × Young people with money to invest would do well to find a financial adviser who can help them develop a financial plan for their savings. Risky stock bets made to brag about on social media platforms might be more entertaining but won't likely serve them well in the long run. What happened on Reddit and why is stock speculation causing a stir in markets? Reddit is a much talked about social bookmarking platform, which attracts people in a forum like setting. As a collective, users have been active discussing stock opportunities and engaging in a Main Street versus Wall Street debate. Some people are putting their money where their mouth is, where we suddenly saw some selected small stocks spike tremendously, then fall spectacularly. It's like watching the price of any speculative asset, like Bitcoin—the market can bounce around without much reason. Specifically fueling the speculation around these stocks were individual traders. Not just any individuals. In fact, we see two trends here. First, social media like Reddit's WallStreetBets and other platforms drove much of the trading of these selected stocks, according to reports.
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