IPO
Coverage Timeline
newest firstAll Coverage
IPO$1.18B Q2 revenue
Pinterest Beats the Quarter, Falls 7% on Guidance
Pinterest beat Q2 revenue and user growth estimates, but shares fell 7% after the company guided to Q3 revenue growth decelerating to 13-15% amid intensifying ad competition from Instagram.
REGULATION
EU Says Meta's Instagram, Facebook 'Addictive Design' Breaks DSA
REGULATIONUp to $12B+ potential fine
EU Says Meta's Instagram, Facebook 'Addictive Design' Breaks DSA
The European Commission preliminarily found Meta in breach of the Digital Services Act over 'addictive' design in Instagram and Facebook, exposing it to a fine that could exceed $12 billion.