Pinterest, Inc. is a social media web and mobile application company that operates a software system designed to discover information on the World Wide Web, mainly using images and, on a smaller scale, GIFs and videos. The site was founded by Ben Silbermann, Paul Sciarra, and Evan Sharp. Pinterest has reached 250 million monthly active users as of October 2018.
Pinterest CEO Ben Silbermann summarized the company as a “catalogue of ideas” that inspires users to “go out and do that thing”, rather than as an image-based social network.
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Pinterest Details
Operating Status:Active
Business TypePrivate
HeadquartersSan Francisco, California, United States
Pinterest (PINS) stock closed yesterday at $23.28 after adding 5.05% and in the pre-market is 2.71% up. The spike was attributed to the news that Facebook wants to shut down its Hobbi app.
Facebook has long used Giphy’s application program interface throughout its main Facebook app, Messenger, Instagram and WhatsApp. Now Facebook is acquiring Giphy.
Facebook released a new app for couples to private message each other called Tuned. It allows couples to send messages, exchange music and create a digital scrapbook.
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