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  • Pinterest CEO praises open-source AI for delivering ‘tremendous performance’ at lower cost

    Speaking during the company’s latest earnings call, Bill Ready said open-source AI has proven to deliver “tremendous performance” at a fraction of the cost of proprietary systems.

  • Google announces Pinterest rival Mixboard: What it is and how it works

    Google has launched Mixboard, an AI-powered idea board similar to Pinterest. Here’s how Mixboard works, what features it offers, and why it could change the way you brainstorm and plan ideas.

  • Pinterest forecasts downbeat revenue as competition grows; shares slump

    The company, whose shares shed about $3 billion in value, competes with the likes of TikTok and Meta Platforms-owned Facebook and Instagram - the preferred platforms for advertisers because of their larger user base and higher engagement for targeted ads.

  • Google to shut down Pinterest rival 'Keen,' an Area 120 project

    Come March 24, get set to say bye-bye to Keen, which was a test bed for Google's Machine Learning-based content curation algorithm, that is shutting down four years after being launched.

  • Ananya Birla reveals father Kumar Mangalam Birla has a secret Instagram account

    Ananya Birla has revealed that her father Kumar Mangalam Birla has a secret Instagram account which he uses to watch Reels and check up on his children.

  • Pinterest, Snap tumble 18% as outlooks disappoint investors

    Pinterest forecast second-quarter revenue growth below Wall Street estimates late on Thursday as the image-sharing platform grapples with a pullback in advertising spending in a market it warned remained uncertain.

  • Pinterest cuts about 150 jobs, joining flurry of tech layoffs

    The digital-search company that lets users create online pinboards informed impacted employees Wednesday.

  • Pinterest reaches deal with activist Elliott; Steinberg to join board

    Pinterest CEO Bill Ready, who took the job in June, called the deal with Elliott a "one-of-a-kind agreement" and said the company "appreciates the perspective" Steinberg, Jesse Cohn, a managing partner at Elliott, and others at the firm bring.

  • Meta, Alphabet, Pinterest shares shudder on Snap warning

    Snap was the first major social media company to release its September-quarter earnings, and its stock tumbled 25% following the disappointing results after the bell. Snap warned that it would see no revenue growth in the normally busy holiday quarter.

  • The boy bosses of Silicon Valley are on their way out

    The resignations signify the end of an era at the companies, which are among the most valuable and well-known to emerge from Silicon Valley in the past decade

  • Pinterest shares surge after Elliott discloses it is the largest shareholder

    Pinterest has "significant potential for growth", which led Elliott to become its largest shareholder, Elliott managing partner Jesse Cohn and senior portfolio manager Marc Steinberg said in a statement.

  • Social media stocks slump as Twitter, Snap warn of dire ad spending

    Pinterest Inc plunged 7.5 percent, Facebook-owner Meta Platforms Inc dropped 4.6 percent, Google-owner Alphabet Inc, which also sells ads online, fell 2.1 percent.

  • Activist investor Elliott has built stake of over 9% in Pinterest

    Shares of Pinterest soared 24% in extended trading following the report, which said it could not be determined what the discussions between the parties were about.

  • Pinterest CEO Ben Silbermann steps down, Google executive to take over in e-commerce push

    The news sent the company's shares 9% higher in extended trading on Tuesday and underscored a shift in focus at Pinterest to e-commerce initiatives from its advertising-based business model.

  • Pinterest posts strong quarter on ad spending boost

    Like its peers, Pinterest posted strong user growth in the early months of the pandemic as home-bound consumers sought projects to keep themselves entertained. But that boom has faded with the easing of lockdowns, prompting the company to double down on efforts to grow its ad business.

  • PayPal says it is not pursuing acquisition of Pinterest

    PayPal Inc is not pursuing an acquisition of Pinterest Inc at this time, the payments company said on Sunday, responding to media reports that it was in talks to buy the digital pinboard site for as much as $45 billion.

  • PayPal makes $45 billion offer to buy Pinterest

    PayPal has offered $70 per share for Pinterest

  • PayPal in talks to buy Pinterest: Report

    The companies have discussed a potential price of $70 per share, which would value Pinterest at around $39 billion, according to Bloomberg News.

  • What employees can learn about rights from an ex-Pinterest manager

    Ifeoma Ozoma defied an non-disclosure agreement (NDA) to speak up about racial discrimination at Pinterest, a company that supported the Black Lives Matter movement. After quitting, she is working on a legislation that would allow employees to open up despite NDAs.

  • Pinterest Is Said to Be in Talks to Acquire the Photo App VSCO

    For Pinterest, buying a once-buzzy startup that was popular with younger audiences and that has expertise in photo- and video-editing technologies could bolster its core service

  • Microsoft approached Pinterest in recent months about potential deal: Report

    The negotiations were currently not active, according to the report.

  • Pinterest to pay $22.5 million to settle gender discrimination suit

    The settlement includes Pinterest investing another $2.5 million to increase the presence of women and other under-represented groups in the tech industry, according to a joint statement.

  • Google's Area 120 internal team launches Keen to rival Pinterest

    Keen lets users say what they want to spend more time on, and curate content from the web.

  • Pinterest raises $1.4 billion in IPO in sign of sustained demand after Lyft struggles

    Pinterest, the online scrapbook where users save ideas for clothes, décor and recipes, said it priced its initial public offering at $19 per share, above its $15-$17 target range.

  • NYSE wins Uber, Pinterest listings: Sources

    NYSE has become the exchange of choice over NASDAQ for big technology companies in the past few years after NASDAQ famously bumbled the Facebook IPO with massive technology errors.

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