Despite widespread reports that SoftBank would unload its stake in Flipkart as part of the Walmart deal, the investment firm hasn’t yet decided whether to sell, say people familiar with the situation. SoftBank has about 10 days to decide whether to sell its stake and if so, how much. It may decide to stay in Flipkart, where it would become the second largest shareholder, one of the people said....
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Creator Economy Startups
Pinterest Bets Big on Commerce With CEO Hire; A Science Creator Shuns YouTube Ad Share
Pinterest co-founder Ben Silbermann is stepping down from the CEO role after more than a decade leading the company. E-commerce executive Bill Ready, who led commerce initiatives at Alphabet’s Google, will replace Silbermann. Prior to joining Google, Ready was the chief operating officer at PayPal. We already knew commerce was top of mind at Pinterest before the switch, and this...
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Pinterest’s Silbermann Steps Down
StockX Cuts 8% of its Staff
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