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Tag: Pinterest Inc

Microsoft Reportedly Wanted To Buy Pinterest For $51 Billion

Microsoft Reportedly Wanted To Buy Pinterest For $51 Billion

Financial Times reported today that Microsoft was supposedly in talks for acquiring social network site Pinterest for $51 billion over recent months. The deal would be the biggest acquisition for Microsoft to date. No new developments have been confirmed on the deal as of yet.

Coronavirus and market volatility shuts down the IPO market for potential listings like Airbnb

Coronavirus and market volatility shuts down the IPO market for potential listings like Airbnb

Investors likely won’t get their fix for newly public companies for a long time thanks to the financial turmoil caused by the spreading coronavirus.  Logistics issues aside for investment bankers unable to travel, market volatility like this scares off companies who want to raise capital. The initial public offering calendar is looking sparse this year, […]

Why EBITDA earnings are used by so tech companies like Uber and Yelp

Why EBITDA earnings are used by so tech companies like Uber and Yelp

Warren Buffett (L), CEO of Berkshire Hathaway, and Vice Chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. Johannes Eisele | AFP | Getty Images In Uber’s earnings report last week, the acronym EBITDA showed up 42 times. Pinterest used it 25 times the same day. The term showed […]

Dow positive, coronavirus ‘buy’ signal?, record copper losing streak

Dow positive, coronavirus ‘buy’ signal?, record copper losing streak

The Facebook logo is displayed during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images This is a live blog. Check back for updates. 3:05 pm: Dow turns positive as WHO calms coronavirus fears The Dow erased a 200-point drop and turned positive after the World Health […]