Tag Archives: Pinterest

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Image Credits: SOPA Images/LightRocket/Igor Golovniov / Getty Images Pinterest announced a new ad deal with Google as the company aims to ramp up its ad revenue. Google is the social platform’s second third-party ad partner after Amazon signed a multiyear deal with Pinterest last year. The company talked about the Google partnership during the earnings call for Q4 2023, where it posted results below analyst expectations. Pinterest’s revenue for the period was $981… Source link

Google’s parent company Alphabet (GOOG -1.39%) (GOOGL -1.40%) may be considering an acquisition of image-browsing platform Pinterest (PINS -2.67%). And that’s because Pinterest possesses something extremely valuable that Alphabet would definitely like to have in a changing advertising economy. Don’t be fooled by a stock price that’s down more than 70% from its all-time high. Here’s the case for Pinterest and its potential suitor. Where did this crazy rumor even come from? Alphabet CEO… Source link

Pinterest (PINS) shares soared more than 12% on Tuesday following its quarterly results and support from activist hedge fund Elliott Management for the search-and-discovery platform’s new CEO Bill Ready. “Pinterest occupies a unique position in the advertising and shopping ecosystems, and CEO Bill Ready is the right leader to oversee Pinterest’s next phase of growth,” read a statement by activist investor Elliott Management, the company’s largest shareholder, with a 9% stake. Ready served… Source link

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. In Ready, 42, the company gets an executive who for the past two years ran commerce and payment operations at the Alphabet Inc-owned search giant. Ready has also held senior leadership roles at PayPal. His appointment brings to an end Silbermann’s 12-year tenure as CEO, which began when he co-founded the… Source link

This is a significant update. Pinterest has today announced that co-founder and CEO Ben Silbermann is stepping down from his role, and shifting to a new position within the organization, with online commerce expert Bill Ready set to take over as Pinterest chief, effective June 29th, 2022.  Silberman posted an impassioned update on the Pinterest blog, noting the significance of the platform to him and his life. “As you can imagine, this was a hard decision. So much of my heart belongs to… Source link

Pinterest, Inc. by Chairman, Co-Founder, President and CEO Ben Silbermann reacts as they celebrate the IPO of Pinterest Inc. at the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2019. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register June 28 (Reuters) – Pinterest Inc (PINS.N) said on Tuesday that long-time Chief Executive Officer Ben Silbermann would step down, handing over the reins of the social media platform to Google commerce executive… Source link

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American 

Huh?! That was the general first hot take on the news that crossed the wires Wednesday afternoon that PayPal was exploring a deal to buy Pinterest. It was a logical initial reaction as PayPal is a payments platform that happens to own Venmo and is dabbling in crypto. And Pinterest lets you lay out your dream meal on a digital vision board.  But now that the news has sunk in, some on Wall Street are starting to see some merit to the deal even if it took 10 hours.  “We see technology companies… Source link

Pinterest gave all its staff a day off on Friday. It joins firms like Nike, Bumble, and LinkedIn in giving employees bonus time off to combat burnout. Yahoo also gave staffers a day off to celebrate the firm’s acquisition by private equity firm Apollo. … Source link