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  • Pinterest cuts about 150 jobs, joining flurry of tech layoffs Feb 02, 2023 06:28 AM IST

    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 Dec 07, 2022 06:24 AM IST

    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 Oct 21, 2022 06:43 AM IST

    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 Aug 12, 2022 01:37 PM IST

    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 Aug 02, 2022 06:39 AM IST

    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 Jul 22, 2022 10:21 PM IST

    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 Jul 15, 2022 07:00 AM IST

    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 Jun 29, 2022 06:40 AM IST

    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 Apr 28, 2022 06:29 AM IST

    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 Oct 25, 2021 02:15 PM IST

    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 Oct 21, 2021 05:54 PM IST

    PayPal makes $45 billion offer to buy Pinterest

    PayPal has offered $70 per share for Pinterest

  • PayPal in talks to buy Pinterest: Report Oct 20, 2021 09:56 PM IST

    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 May 12, 2021 12:04 PM IST

    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 Apr 03, 2021 06:47 PM IST

    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 Feb 11, 2021 08:08 AM IST

    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 Dec 15, 2020 01:41 PM IST

    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 Jun 19, 2020 05:06 PM IST

    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 Apr 18, 2019 07:46 AM IST

    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 Mar 22, 2019 07:46 AM IST

    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.

  • YouTube influencers rarely disclose marketing relationships: Study Dec 16, 2018 04:30 PM IST

    YouTube influencers rarely disclose marketing relationships: Study

    Researchers from Princeton University in the US focused on affiliate marketing, in which companies pay a commission to social media figures for driving sales.

  • Amazon launches shopping social network Spark for iOS Jul 20, 2017 07:40 AM IST

    Amazon launches shopping social network Spark for iOS

    Spark, which is currently only available for Amazon's premium paying Prime members, encourages users to share photos and videos, just like popular social media platforms Instagram and Pinterest. The new feature publicly launched on Tuesday for use on mobile devices that use Apple's iOS operating system.

  • Pinterest ramps up e-commerce features Jun 29, 2016 06:46 AM IST

    Pinterest ramps up e-commerce features

    The new offerings announced at the company's San Francisco headquarters yesterday include a virtual shopping bag that users can fill as they cruise bulletin boards.

  • Hackers Deface Zuckerberg's Social Media Accounts Jun 06, 2016 10:05 PM IST

    Hackers Deface Zuckerberg's Social Media Accounts

    Facebook founder and CEO Mark Zuckerberg's Instagram, LinkedIn, Pinterest, and Twitter accounts appeared to have been briefly compromised by hackers and in some cases were also defaced

  • Blippar: A software equivalent to Google Glass Jun 24, 2015 07:55 PM IST

    Blippar: A software equivalent to Google Glass

    London based tech firm Blippar, founded by 36 year old Ambarish Mitra in 2011. Blippar is an augmented reality or a visual discovery camera app positioned largely as an advertising or publishing tool. The app allows users to blip offline products by simply pointing their cameras to it and unlocking a plethora of digital information.

  • MFs chase head start on hit IPOs with pre-public investing Jun 04, 2015 03:26 PM IST

    MFs chase head start on hit IPOs with pre-public investing

    A comprehensive, industry-wide picture is difficult to track because mutual fund companies don't disclose their aggregate private company investments. Disclosures from No. 2 US mutual fund company Fidelity, however, show that some of its biggest funds have more than doubled their pre-IPO investments over the past two years.