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Ifeoma Ozoma was ousted from her role at Pinterest Inc. due to what she said was retaliation for speaking out about pay equity disparities. The experience didn't just cost her a job. She ended up leaving Silicon Valley entirely.For the latest episode of The Circuit With Emily Chang, I interviewed Ozoma on her farm in Santa Fe, New Mexico. Joining us there was Timnit Gebru, a former Google employee who left in 2020 after co-authoring a paper about the dangers of generative artificial intelligence, and Safiya Noble, author…

The arrival of Meta Platforms Inc.'s Twitter challenger further complicates the investment case for social media firms Snap Inc. and Pinterest Inc., whose share price recoveries lag their larger rival.Facebook parent Meta is by far the dominant player in the sector, and that is extending to its stock this year. Shares have outperformed by leaps and bounds, with the rapid user growth of Threads the latest demonstration of a reach and scale that has made it a favorite among investors and analysts. “It's hard to make a case…

Artificial intelligence is replacing hundreds of jobs across the U.S., creating skepticism and uncertainty about the future of humanity. It is a daunting development as even the creator of AI has warned about the technology’s potential takeover.The reality is that jobs have been overtaken by new developments in technology for centuries, paving the way for mass productionand creating outrage among those who relied on those jobs. From women who worked in the textile industry to switchboard operators in the 1970s, all the…

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Google has started rolling out verified checkmarks to Gmail users! The purpose of these blue checkmarks is to confirm the identity of select senders by displaying the checkmarks next to their names. This new feature will be available to companies that have adopted Gmail's existing Brand Indicators for Message Identification (BIMI) feature.The BIMI feature for Gmail was initially launched in 2021 after undergoing testing in the previous year. It functions as an additional security measure, and senders are required to…

Amazon's net sales from international operations remained largely flat in the quarter ended March 2023. CEO Andy Jassy said in an earnings call that the negative margins in the international business had narrowed. This and more in today’s ETtech Top 5.Also in this letter:■ Snap misses revenue expectations; Pinterest's ad woes hurt growth■ ETtech Deals Digest: Indian startups raise $97 million this week■ After warning of dangers, Elon Musk ramps up AI effortsAmazon’s sales from international operations remain flat; losses…

Pinterest Inc and Snap Inc's stocks tumbled about 18% each on Friday after the two social media companies' quarterly reports spooked investors worried about weak digital ad spending.Their disappointing reports late on Thursday stood in contrast to strong results earlier this week from digital advertising heavyweights Alphabet Inc and Meta Platforms Inc and show that advertisers are sticking with the biggest players in an uncertain economy.Pinterest forecast second-quarter revenue growth below Wall Street estimates late on…

Pinterest just announced a significant advertising partnership with Amazon. How it works. When Pinterest users encounter an Amazon ad, they will be directed to Amazon’s website to complete their purchase. Timeline. The integration of Amazon ads will be rolled out over several quarters, with no specific details on ad placement or short-term revenue forecasts. Pinterest does not expect any significant impact on its revenue until next year. The multi-year collaboration will make Amazon the first-ever third-party…

Pinterest Inc forecast second-quarter revenue growth below Wall Street estimates on Thursday, as the image-sharing platform grapples with a pullback in advertising spending, sending its shares down 13% in trading after the bell. While Pinterest said that the ad market was stabilizing, it warned the market was still uncertain. Shares of peer Snap Inc fell about 18% aftermarket on weak first-quarter revenue and the company warned it could miss estimates for the second as well.Smaller digital ad sellers such as Pinterest and…

Advertisers are sticking with safe havens Alphabet and Meta Platforms in an uncertain economy, their quarterly results showed, likely helping the tech giants take market share away from smaller digital ad sellers such as Snap Inc. Following a pandemic-led spending bonanza by advertisers who wanted to reach customers online, ad sales-reliant tech firms faced tough comparisons in the past several quarters. Customers cut their ad budgets after interest rates rose and record-high inflation fuelled worries about the economy.…