Pinterest’s revenue has grown by about 60% in each of the past two years, hitting nearly $756 million in 2018, while its net loss has been steadily shrinking, the online scrapbook firm revealed in IPO paperwork it filed on Friday.

The revenue growth rate, from its four-year-old advertising business, suggests Pinterest isn’t likely to surpass its last private fundraising valuation of ...

“Car tried to turn left into oncoming traffic, driver had to avoid collision,” wrote a customer of Waymo, the unit of Alphabet, in early March after taking a ride in one of the company’s experimental self-driving taxis in suburban Phoenix. The customer was referring to the human backup driver who sits behind the wheel and is supposed to take over if a potential safety problem ...

When Apple finally unveils its TV service on Monday, it is expected to feature a slate of original shows and the ability to subscribe separately to some other streaming channels, all run through a central video app. But what may differentiate Apple’s service is that it could offer people bundles of on-demand streaming services for one discounted price—just as cable TV has long ...

As television advertising loses ground to digital ads, technology companies should be in the vanguard of businesses bailing from the medium. For many, the opposite is true, and it isn’t just Apple, Microsoft and other giants that are pouring more money into commercials.

An array of smaller technology companies—from the online travel agent TripAdvisor to the real estate firm Redfin ...

When VMware and Amazon Web Services, the internet retailer’s cloud unit, formed a partnership in 2016, some in the tech industry were skeptical that the agreement between the two rivals would amount to much.  

Now it looks like the result of that pact—a joint service that lets VMware’s corporate customers move computing jobs between their own data centers and AWS—is ...

A few years ago, when Roku was still a private company with uncertain prospects, it would occasionally get acquisition offers from bigger companies. CEO Anthony Wood was never interested. Even when the streaming device maker was worth around $1 billion, he argued that one day he expected it to be worth 10 times that much, according to a person familiar with his thinking. Today, with ...

Tired of bad traffic and have money to spare? A growing cadre of venture capital–backed startups are launching services to ferry people on short-distance trips by small planes and helicopters.

Companies including Blade, Skyryse and BlackBird believe there is a growing market for short hops by air in places like the Bay Area, Los Angeles and New York, so long as prices can be ratcheted ...

After Netflix cancelled the Naomi Watts drama “Gypsy” in 2017, a group of fans calling themselves “Easy Tigers” organized a social media campaign to get people to start watching the show in hopes of changing Netflix executives’ minds. The campaign was so organized that it directed people to watch specific episodes twice, consecutively, at set times. It even ...

Airbnb is contemplating another big step into the hotel business, this time in India and China.

The internet is forcing us to engage with a far broader definition of the economy than in the past. Instead of thinking of the economy primarily in terms of physical goods and services, the internet is putting front and center a fuller picture of the economy—including other forms of value and trade, such as information and social, moral and even sexual capital.

I believe you can trace ...

Ecommerce startup Wish is in talks with private equity firm General Atlantic and other investors to raise about $300 million in a new funding round, people familiar with matter said.

The fundraising, which hasn’t yet closed, values the San Francisco-based company at about $11 billion pre-money, higher than its previous valuation of $8.5 billion after the last funding round in late 2017, ...

Sometime in the next two weeks, a billboard is set to pop up at a busy intersection in downtown Phoenix accusing Arizona Senator Kyrsten Sinema of “corruption.” Her supposed crime: she doesn’t support the “Save The Internet Act,” a bill that would codify into law the Net Neutrality rules revoked by the Trump administration’s Federal Communications Commission ...

Facebook’s chief representative in China left the company earlier this year, according to people familiar with the matter, after a series of corporate missteps that led to a deterioration of relations between Facebook and the Chinese government.

The previously unreported departure of Ivy Zhang leaves Facebook with one government affairs employee in China, William Shuai, who remains in ...

Two mega-entertainment deals, Disney’s $71 billion purchase of 21st Century Fox’s entertainment businesses and AT&T’S purchase of Time Warner, are putting a lot of veteran media executives on the job market. Just last week, AT&T announced the integration of the former Time Warner’s three main businesses, prompting an exodus of the top executives at HBO and ...

Bird, the pioneer of the electric scooter sector, laid off 4% to 5% of its full-time staff on Thursday, in an effort to contain costs. About 40 employees of the roughly 900-person company were let go.

The layoffs represent a comedown for a startup that flew to a $2 billion valuation last year within nine months of launching. The company helped spark an investment frenzy in electric scooters, ...

Media job cuts rose in February, driven by reductions at news publishers and video game maker Activision Blizzard, as retrenchment in the sector persisted for a second month in 2019 and extended last year’s run of industry cutbacks.

In total, 1,530 media job cuts were announced last month, up from 1,279 in January, according to data from staffing firm Challenger, Gray & Christmas. ...