Author: Matthew Lynley

Pinterest users can now pinch-to-zoom on photos in the app

 Pinterest is adding a new feature today that allows users to pinch a photo to zoom in and out on various Pins, matching a feature that’s available on a lot of other services like Instagram. Pinterest is trying to be a central hub of high-quality photos and videos centered around ideas and products, but this still more or less exemplifies that the ability to manipulate photos within the… Read More

Twitter is having a very bad day

 Twitter reported its second-quarter earnings today, and it did not go over well. As a result, the stock is down more than 12% in trading today — which is a very Twitter thing to happen, so to speak. Here’s the chart, which could pretty much be summed up with a  : Today also wiped out most of the gains that it accrued year to date. Twitter’s last report was a rare positive… Read More

Pinterest’s camera search Lens gets a new look

 Pinterest’s camera search tool, Lens, is getting a makeover today with some updated including the ability to zoom in and out and tap to focus, and making it easier to search with Lens from photos they’ve already taken. Lens is very much a move to try to collapse the distance between the experience within Pinterest the app (or site) and the real world. Users point their camera at… Read More

Snap taps its IPO price as it continues to crash

 Update: It happened! Snap fell down to its IPO price (for a few seconds) of $17 per share after its continued steady march south over the past several weeks. The company is now barely holding just above its IPO price. Snap’s last earnings report resulted in a disaster, and while the company still managed to stay above $20 for an extended period of time, a string of bad days for the… Read More

Stem raises $8M to get music artists paid more seamlessly

 While music streaming has become more and more commoditized, artists still have a wide array of places to distribute their songs like Spotify, YouTube and Apple Music — but getting paid properly can start to complicate things. That problem gets even more difficult when there are multiple people collaborating on the same song and it’s not clear who is getting how much of a cut from… Read More

Pinterest raises $150M at a $12.3B valuation as it makes a full press into visual search

 Pinterest said today that the company has raised $150 million in additional capital at a valuation of $12.3 billion as it makes a further full-court press on its visual recognition and search pitch to investors and advertisers — and perhaps one day Wall Street. Pinterest last raised $367 million in additional financing at an $11 billion valuation in 2015. In recent years, the company… Read More