Shares of Pinterest fell about 20% before the opening bell on Friday and were set to start trading at more than a three-month low after the company warned of slowing user growth in the United States, its largest market.
Facebook Inc said on Wednesday it expects revenue growth in the third and fourth quarters to "decelerate significantly," sending the social media giant's shares down about 5% in extended trading.
Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, parts and consumer goods, according to companies, economists and shipping specialists.
Twitter on Thursday reported higher revenue growth than Wall Street had expected, as the social media platform rolled out ad targeting improvements.
Snap Inc on Thursday beat analysts' estimates for both user and quarterly revenue growth and notched the highest growth rates since late 2017, as new features on its messaging app Snapchat attracted more users.
Snapchat evidently sees the future in augmented reality. The social network's parent company, Snap Inc., has just bought Vertebrae, a firm specializing in 3D product modeling.
Kite Realty Group Trust said on Monday it will buy rival Retail Properties of America Inc for about $2.8 billion to create one of the top five shopping center real estate investment trusts in the United States.
Logistics giant DHL is working with Bulgarian aircraft developer Dronamics on rolling out cross-border and inter-city drones aimed at overcoming strained supply chains, executives involved say.
Facebook Inc will spend $1 billion on social media creators through the end of 2022 in a fight for top talent announced in a week when TikTok became the first rival mobile app to hit 3 billion global downloads.
French retailers were puzzled on Tuesday over how a new government proposal requiring them to block people not vaccinated against COVID-19 from shopping malls could possibly work out in practice.
The Englewood, Colorado-based parent company of retail platforms including QVC and HSN announced on Tuesday that David Rawlinson II will be joining the group as president and CEO on October 1, 2021.
The footwear brand has joined forces with the global esports organization in order to celebrate the release of its All Family Tie-Dye collection with a build competition in popular sandbox video game Minecraft.
A long road strewn with potential political pitfalls lies ahead for countries seeking to end a race to the bottom on international corporate tax, even though many have agreed to overhaul the way multinationals are taxed.
As U.S. retailers continue to face up to the ongoing national labor shortage, the Menomonee Falls, Wisconsin-based department store operator is seeking to win employees over with bonuses in the second half of this year.
Afterpay’s move to expand its buy now, pay later service to major U.S. merchants it has not directly partnered with will boost sales and margins, analysts said on Thursday.
