Business
With its virtual pinboards providing inspiration for cooking, fashion, home renovations, and other projects, Pinterest has become a refuge from rage-baiting social media cesspools. Young people and the brands trying to reach them have taken notice. The “visual search and discovery” platform now boasts over half a billion monthly users, 42% of whom are Gen Z, the company’s fastest-growing demographic. In 2023 its revenue increased nearly 10%, topping $3 billion. The company in February struck a new ad deal with Google focused on international markets (80% of users are outside of the U.S). And with evidence mounting that comPetitor Instagram can negatively impact teen girls’ mental Health, Pinterest in March launched an AI-powered feature that lets users refine their searches by body type, which it says will result in more-inclusive image results. “With all the toxicity on social media, we are committed to building a successful Business model focused on positivity,” chief revenue officer Bill Watkins says. Other social media executives now appear to be on the same page; in March, Meta rolled out a new setting that reduces “political content” on Instagram and Threads.
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Workplace diversity training programs are everywhere, but their effectiveness varies widely
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Firm bosses urged to make use of Welsh language to revitalise rural economic system
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