Tag: pinterest
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Reddit, Pinterest shares tumble on weak user and revenue growth
Oct 30 : Shares of Reddit and Pinterest fell in premarket trading on Friday, after Reddit warned that Google’s AI search features could shrink its user base, and Pinterest forecast weak fourth-quarter revenue.Reddit shares tumbled 23 per cent, while Pinterest slumped 8 per cent. Here are more details:
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Pinterest taps Amazon veteran James Dibbo as CFO
Oct 5 : Pinterest said on Monday it has appointed Amazon executive James Dibbo as its chief financial officer, effective October 26.Dibbo, 56, who will succeed Julia Donnelly at Pinterest, has led finance for the e-commerce giant’s Ads, Prime Video and Amazon MGM Studios businesses among others. Here a
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Pinterest finance chief Julia Donnelly to step down in October
(Corrects Donnelly’s name in bullets)Aug 28 : Pinterest said on Friday Chief Financial Officer Julia Donnelly will leave on October 30, and the company has launched an external search for its next finance chief.Vikram Naidu, the image-sharing platform’s vice president of finance and business operatio
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Pinterest expects slower quarterly revenue growth as ad competition heats up
Aug 4 : Image-sharing platform Pinterest forecast slower revenue growth for the third quarter on Tuesday, signaling tough competition for digital advertising from bigger players including Meta’s Instagram, sending its shares down 6 per cent in extended trading.Pinterest has been expanding Performance+, its A
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Pinterest deepens Amazon partnership with $4 billion cloud deal
June 4 : Pinterest said on Thursday it would pay Amazon Web Services $4 billion for cloud services through 2031, as the social media company strengthens a long-term partnership with its largest-ever deal.Shares of Pinterest were up nearly 5 per cent, while those of Amazon rose 1.7 per cent.Amazon.com’s
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