What’s going on? Pinterest reported disappointing 2Q results. What does this mean? Pinterest’s revenue and profit missed forecasts, and why it gave a worse-than-expected revenue outlook for this quarter too. Pinterest lost 5% of its monthly active users yoy in 2Q 2022, accumulated by accelerating competition from TikTok, and a traffic-disrupting change in Google’s search algorithm. Advertisers…
Tag: pinterest
Ep 67: How Pinterest Built One of Silicon Valley’s Most Successful Algorithms
Pinterest was built on assumptions and biases Unlike most social networks, Pinterest admits it. From the start, you tell the company how to profile you: The service asks two personal questions when you register — your age and gender — and how you answer them shapes everything that happens next. Based on your responses, along…
with HT 