Pinterest reported fourth-quarter revenue that exceeded Wall Street’s expectations, but its U.S. monthly users declined for a third straight quarter. Its global monthly users fell 6% to 431 million, after rising 1% during the third quarter. Pinterest CEO Ben Silbermann said the company reached its first full-year of GAAP profitability in 2021. It also surpassed $2 billion in revenue for the...
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Let’s Talk About Jack Dorsey
Well, it’s been a minute since Jack Dorsey has been in the news. But lest you think that Elon Musk—and Congress’s favorite punching bag, TikTok—get all the fun, today short seller Hindenburg Research sent Block’s stock down 15% with a report saying the payments company, formerly known as Square, had been inflating its user metrics by serving criminals with shady “Wild West compliance.”You can...
U.S. Prosecutors Charge Do Kwon with Fraud after Arrest in Montenegro
Mysten Labs to Buy Back Investment From FTX for $96 Million
Slack’s Sales Chief Departing Salesforce Next Month
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