Stripe, the payments software company that recently garnered a $95 billion valuation in a fundraising round, generated more than $120 million in earnings before interest, taxes, depreciation and amortization in the third quarter, according to the Financial Times , which cited an unnamed source. It generated $2 billion in gross revenue for the same quarter. Now the most highly valued private...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Briefing Entertainment E-commerce
Pinterest’s Tardy CEO Shakeup
What timing! No one could say they were surprised that Ben Silbermann is stepping down as CEO of Pinterest—that’s something we’ve expected for a while. After all, while he and his co-founder, Evan Sharp, built the business into a public company worth $13 billion—even after the stock plunge of recent months—Silbermann lately has been grappling with falling user numbers in the U.S. No, what is...
Email App Front Doubles Valuation to $1.7 Billion
Disney’s Board Renews Chapek’s Contract for Three Years
Pinterest’s Silbermann Steps Down
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories