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fromTechCrunch
13 hours ago

Activist investor Elliot takes a $1B stake in Pinterest, betting on AI-driven growth | TechCrunch

Elliott Investment Management's $1 billion stake in Pinterest signals confidence in the company's AI strategy and turnaround efforts amid recent operational challenges.
fromwww.cnbc.com
17 hours ago

Pinterest shares pop 8% as activist Elliott Management takes $1 billion stake

Elliott's investment is a strong vote of confidence in the work we have done to build our business and the significant opportunities ahead for Pinterest. Marc Steinberg, who is a partner at Elliott and a member of Pinterest's Board, said the firm sees substantial opportunity ahead for the social media company.
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