Media/Entertainment

Pinterest stock jumps more than 20% despite profit loss, as Elliott confirms stake and users remain

Pinterest Inc missed forecasts on earnings and directed lower revenue than analysts had expected in the current quarter, but shares continued to rally in after-hours trading as users paused in a quarter that prompted a sudden turnaround and attracted an active investor. pinterest pins, + 2.62% On Monday, it reported a second-quarter loss of $43.1 …

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Tesla investors urged to vote against board members, to shareholder proposals through influential advisory services

Two prominent and influential proxy consulting firms are urging Tesla Inc investors. to vote against the re-election of two members of the Board of Directors, recommend defying the wishes of the company and vote for six out of eight proposals for shareholders. Tesla TSLA, + 0.04% He faces several employee controversies and is caught up …

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Opinion: Big Tech shows it’s good to be big, slowing growth leads to stock gains while smaller competitors find only pain

After charging double digit growth during the pandemic, results from the five biggest tech giants in the US this week showed a slowdown as they grapple with inflation, a looming recession and an overall slowing economy, but they were largely rewarded by Wall Street because they are the size It shows their strength. Over the …

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As Twitter rethinks its footprint in San Francisco, a bigger $9 billion question hangs over the city’s office market

Twitter Inc. developed Its large San Francisco office footprint is under review for downsizing on Wednesday, and it canceled the opening of an office in Oakland, California, a person familiar with the matter said. The move obscures the future of the social media site’s elegant San Francisco headquarters, a 1.1 million square foot memorial office …

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Opinion: Is Mark Zuckerberg taking the first step towards converting Facebook to Yahoo 2.0?

Yahoo was once the most popular website on the planet, and the one place everyone on the internet seems to have touched at least once in an online session. After a shameful slip, Yahoo is just another site that has some fans in certain parts of Asia and offers some niche products. Did Mark Zuckerberg …

Opinion: Is Mark Zuckerberg taking the first step towards converting Facebook to Yahoo 2.0? Read More »

Opinion: Is Mark Zuckerberg taking the first step towards converting Facebook to Yahoo 2.0?

Yahoo was once the most popular website on the planet, and the one place everyone on the internet seems to have touched at least once in an online session. After a shameful slip, Yahoo is just another site that has some fans in certain parts of Asia and offers some niche products. Did Mark Zuckerberg …

Opinion: Is Mark Zuckerberg taking the first step towards converting Facebook to Yahoo 2.0? Read More »