The worst of the pandemic’s effect on the online ads business seems to have subsided—at least as far as Pinterest is concerned. The company posted revenue of $443 million during the third quarter—a 58% jump from the period last year. Pinterest attributed part of its success to increased spending from brands that were boycotting rival platforms like Facebook (something we earlier reported was a...
Pinterest Posts Strong Growth in Users and Revenue
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The Briefing
Salesforce Goes After Slack: The Information’s Tech Briefing
Just in time for the holidays, we have a possible big enterprise software merger. Salesforce’s interest in buying Slack, first reported by the Wall Street Journal, shouldn’t come as a surprise to anyone. We even predicted Salesforce could be a bidder for the workplace messaging service last January, along with several other companies (which raises the possibility of other bidders...
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