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Pinterest revenue increased 58% in Q3

1 min read

The FINANCIAL — Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter ended September 30, 2020. Q3 revenue grew 58% year over year to $443 million. Global Monthly Active Users (MAUs) grew 37% year over year to 442 million. GAAP net loss was $(94) million for Q3. Adjusted EBITDA was $93 million. “More than ever before, people are coming to Pinterest to get inspiration for their lives—everything from planning early for a socially distant Halloween to creating great home schools for their kids,” said Ben Silbermann, CEO and co-founder, Pinterest. “Our top priority is to continue making Pinterest…

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Pinterest revenue increased 58% in Q3

1 min read

The FINANCIAL — Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter ended September 30, 2020. Q3 revenue grew 58% year over year to $443 million. Global Monthly Active Users (MAUs) grew 37% year over year to 442 million. GAAP net loss was $(94) million for Q3. Adjusted EBITDA was $93 million. “More…

Many iOS apps including Spotify, Facebook, and Tinder are crashing for a large number of users

2 mins read

The FINANCIAL — Popular iPhone apps are crashing for thousands of people as soon as they are opened. This is not the first time a Facebook SDK has resulted in crashes. A similar issue occurred in May too. It is also having an affect on pre-loaded iOS apps, including the App Store and Apple Music. Safari, however, seems not to be suffering from…