Pinterest Cuts Jobs to Focus on AI Growth
Pinterest plans to cut up to 15% of its workforce, shifting focus to AI products to boost revenue amid declining ad spending.
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Pinterest plans to cut up to 15% of its workforce, shifting focus to AI products to boost revenue amid declining ad spending.
MacroGenics receives $24.5 million from Sanofi after FDA expands TZIELD approval to children aged 8-17 with newly diagnosed stage 3 Type 1 diabetes.
JPMorgan upgrades IBM to Overweight from Neutral, citing strong second-half 2026 software acceleration, Red Hat OpenShift momentum, and HashiCorp-driven tailwinds.
Shares surged 10% after the news as the company focuses on its core grooming and sun care portfolio.