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Pinterest hires former Twitter exec Todd Morgenfeld as its first CFO
Pinterest has hired its first chief financial officer, Todd Morgenfeld — who was most recently vice president of finance at Twitter — the company said today. He was at Twitter for about a year and a half before joining Pinterest. Generally, these kinds of hires can signal a few things. One is that, more simply, the company is getting more ambitious about getting its finances in… Read More
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Pinterest hires a head of engineering for its new Seattle office
While there’s plenty of talent in the San Francisco Bay Area — where Pinterest’s main office is over at 5th and Brannan in San Francisco — it can be very costly to find and recruit that talent. And there’s a lot outside of San Francisco as well. One city, in particular, that Pinterest has turned its eyes to is Seattle. Last month, it opened an engineering office… Read More
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Pinterest brings on a new head of engineering who specializes in image search
Pinterest said it has hired Li Fan, the former head of image search at Google, as the company’s new head of engineering. Much of Pinterest’s most promising technology involves searching for objects within photos and then using that technology to rank and display the most relevant content to users, whether that’s through search or the traditional feed. Users searching for… Read More
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Pinterest acquires Instapaper, which will live on as a separate app
Pinterest said today that it would be acquiring the team behind Instapaper, which will continue operating as a separate app. The Instapaper team will both work on the core Pinterest experience and updating Instapaper. Pinterest’s logic here is that one of the company’s core tenets is bookmarking — much like Instapaper’s primary goal with its app. The company has been on… Read More
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Pinterest starts rolling out native video ads
Advertisers have plenty of options for running video ads — but they haven’t had a chance to run on one of the most engaging discovery-driven platforms on the Internet, Pinterest, quite yet. That’s partly because the option simply wasn’t there on Pinterest. It was only in the past few weeks that the company finally started rolling out a native video player. And it… Read More
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Pinterest starts expanding its visual search tools to video
Video has generally been available — and is often shared — on Pinterest, but it hasn’t quite received the same treatment that the company’s traditional content has seen. Over the next few months, however, that will be changing. Pinterest is starting to test ways to get video running directly on its services, including building a native video player. And beyond that… Read More
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Pinterest acquires the team behind Highlight and Shorts
Pinterest today said it was acquiring the team behind Math Camp, the creators of Highlight, and will be sunsetting its applications Roll and Shorts in the next few weeks. The acquisition shouldn’t seem like a twist — Highlight captured a ton of buzz at SXSW a few years ago, but the reality is Highlight and Math Camp’s later applications never really blew up in such a way… Read More
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Pinterest is soon launching a way to search for products with your smartphone camera
Pinterest today has a new tool for finding things that you might want to buy — and they’ll be things you see in the real world. Here’s how it will work: go to Pinterest search and tap the visual search button, point your camera at anything you’re interested in, and it’ll automatically do a visual search for everything you see. Pinterest will populate the photo with… Read More
Latest Crunch Report
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Pinterest acquires the team behind Fleksy, a custom iOS and Android keyboard
We haven’t heard much from Fleksy — one of a number of custom keyboards for Android and iOS — lately, and it seems we may have an answer why: It’s been acquired by Pinterest. But it isn’t a total product acquisition. While the app will continue running (with minimal updates) for the forseeable future, half of the team will be integrated into Pinterest’s… Read More
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Pinterest gets visitor retargeting and other new ad targeting tools
Starting today, advertisers will be able to advertise against Pinterest users that have visited their sites — giving retailers a powerful new tool that is available in other advertising suites that will help them follow users as they browse the internet (including on Pinterest). Read More
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What Pinterest learned in two years working on its search engine
About two years ago, Pinterest launched a different flavor of search engine called Guided Search. Instead of relying on deep data on the user, it would create a network of related topics that users can dive deep into. The idea being that a search like “iPhone” would net additional categories, like “design,” “hardware” and such. Now Guided Search is about… Read More
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Reddit CTO Marty Weiner on building a home for the Internet’s wildest community
Critical to this major effort is Marty Weiner. Weiner joined the Reddit team this past summer as the company’s first-ever CTO, and he’s spent the past 10 months building out areas for improvement on a site infrastructure that is increasingly less MacGyver’d together. Reddit is the 9th most-visited website in the United States, but when Weiner was hired last August, the… Read More
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Facebook ditches Bing, 800M users now see its own AI text translations
Machine learning is accomplishing Facebook’s mission of connecting the world across language barriers. Facebook is now serving 2 billion text translations per day. Facebook can translate across 40 languages in 1,800 directions, like French to English. And 800 million users, almost half of all Facebook users, see translations each month. That’s all based on Facebook’s… Read More
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Pinterest adds former Amazon exec and growth expert Michelle Wilson to its board
Pinterest announced this morning it’s adding former Amazon exec Michelle Wilson to its board of directors. Wilson has a background in global growth and talent acquisition, both of which are key areas of focus for the popular bookmarking service. Wilson was previously a senior executive for Amazon where she worked for 13 years, including in roles like General Counsel and Head of HR. She… Read More
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Tech’s new diversity leaders explain how they plan to fix sexism and racism in the industry
Tech’s freshman class of diversity and inclusion leaders gathered at Rev. Jesse Jackson’s PUSHTech 2020 conference today to answer the question, “What now?” Within the last six months, Dropbox, Pinterest, Airbnb, Twitter and Intuit have all hired employees charged with correcting their diversity problems. Read More
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Crunch Network
As VCs enroll the startup class of 2016, it’s RIP for ‘me too’ companies
Many of the world’s legendary tech companies got started just as the public markets were cooling off; Microsoft, Apple, HP, IBM, Oracle, FedEx, etc. The most recent case in point is the startup class of 2008-2009: Dropbox, Airbnb, Pinterest, Uber and Tiny Speck (Slack) all got their early funding in those dismal years. And, while not everyone agrees that there is a massive downturn in… Read More
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Pinterest debuts step-by-step How-to Pins from 25+ brands to help keep users around longer
As Pinterest continues to ramp up the parts of its business that generate revenues (namely advertising), it’s also expanding the free features that might entice users and brands to linger around for longer and engage more on it’s image-based social network for sharing ideas. Today, Pinterest unveiled a new kind of dynamic Rich Pin called a How-to Pin, which provides… Read More
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