Tuesday, May 5, 2020

Pinterest flags slowing ad spend as quarterly loss widens, shares fall

Pinterest said advertisers were slowing spending on the image sharing company due to the COVID-19 pandemic and reported a bigger-than-expected first-quarter loss as costs surged from new user additions, sending its shares down 18% in extended trade. https://ift.tt/3b8SStV

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Airbnb launches a pilot in NYC, LA, and other cities that lets users to select from a range of boutique hotels alongside private homes in a bid to boost growth (Stephanie Stacey/Financial Times)

Stephanie Stacey / Financial Times : Airbnb launches a pilot in NYC, LA, and other cities that lets users to select from a range of bouti...