Pinterest drops after missing on user growth expectations

Pinterest CEO Ben Silbermann speaks in conversation with Matthew Lynley of TechCrunch during the TechCrunch Disrupt SF 2017 on September 18, 2017 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Shares of Pinterest dropped more than 10% in after-hours trading on Tuesday after the company reported its first-quarter earnings, in … Read more

These stocks are the best buys in the internet sector, says Evercore ISI’s Mark Mahaney

This illustration photo shows a person checking the Facebook app on a smartphone in Los Angeles, March 1, 2021. Chris Delmas | AFP | Getty Images The internet sector may not be broadly attractive to investors in the near term, but some of the biggest stocks in the space are positioned to be long-term winners, … Read more

How a stay-at-home year accelerated three trends in the advertising industry

Times Square in New York City. Angela Weiss | AFP | Getty Images This time last year, The Trade Desk CEO Jeff Green watched as advertisers started to pause every campaign they could.  The ad tech executive said in the early days of the pandemic, digital advertising was at a disadvantage. It was easier for … Read more

Dropbox slips to a loss after taking $400 million real estate hit due to remote work

Drew Houston, Dropbox Co-Founder and CEO, speaking at CNBC’s @Work conference in San Francisco on November 4, 2019. Arun Nevader | CNBC Dropbox on Thursday reported a $398.2 million one-time charge in the fourth quarter to reflect the company’s shift to remote work. As the coronavirus emerged in the U.S. last year, companies closed offices … Read more

Amazon’s next CEO, Andy Jassy, transformed e-commerce company into a cloud computing giant

Andy Jassy, Amazon AWS  Source: CNBC Andy Jassy has spent the past 15 years converting Amazon from an e-commerce giant into a highly profitable technology company, creating and then dominating the cloud infrastructure market. Now, he’s about to take center stage as CEO of the third-most valuable U.S. company after Apple and Microsoft. Amazon said … Read more

Amazon’s ad business will gain the most share this year, according to analyst survey

Jeff Bezos, CEO, Amazon Mark Ralston | AFP | Getty Images Amazon will be the leading share gainer among the major digital ads businesses in 2021 and 2022, according to a new ad buyer survey from Cowen released Tuesday. Amazon’s ad business will continue to grow as more spend comes from TV, search and other … Read more

Apple’s upcoming iPhone privacy feature exposes Facebook and Snap to most risk compared to their peers, analysts say

Apple CEO Tim Cook delivers a keynote during the European Union’s privacy conference at the EU Parliament in Brussels, Belgium October 24, 2018. Yves Herman | Reuters As the industry prepares for Apple’s change to settings on users’ iPhones in the name of privacy, MKM Partners analysts said Tuesday some online ad companies like Facebook … Read more

Twitter hits highest since 2014 after JPMorgan turns bullish

By Ryan Vlastelica Twitter Inc. shares climbed to a multi-year high on Wednesday, extending a recent advance after JPMorgan upgraded the social-media company to an overweight rating, citing a more bullish view toward online advertising in 2021. The firm also raised its price target to a Street-high view of $65 from $52. While growth should … Read more

A.I. start-up Scale now worth more than $3.5 billion and breaking even

Scale AI CEO Alex Wang, left. Scale AI Artificial intelligence start-up Scale announced Tuesday that it has raised $155 million, led by Tiger Global. It’s now worth more than $3.5 billion. AI has been around for decades, but building an AI model that does what it’s supposed to do isn’t always fast or easy. Part … Read more

Facebook, Google and Pinterest are ‘top picks’ to lead 20% growth in online advertising in 2021, Morgan Stanley analysts say

A banner for the online image board Pinterest Inc. hangs from the New York Stock Exchange on the morning that Pinterest makes its initial public offering on April 18, 2019. Spencer Platt | Getty Images Morgan Stanley analysts outlined Thursday why they believe online advertising can grow 20% in 2021, with Facebook, Google and Pinterest … Read more