Pinterest rolls out its ‘body type ranges’ tool to the USPinterest announced today that its tool for filtering searches by different body types has officially rolled out to users in the U.S.
To use the feature, users can type into the search bar and select the “Body Types” option to see four different body types at the top of the results page.
If a user selects the same option twice, the body type selection can be saved to their device.
Pinterest’s body type ranges feature is currently only available for women’s fashion and wedding ideas.
When testing the feature, Pinterest saw that users who used the tool had a 66% higher engagement rate per session, Pinterest chief product officer Sabrina Ellis shares.
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Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our Monday show, in which we take a look back at the weekend and what’s ahead in the week.
Over the weekend, we dropped an interview with Roger Lee that is well worth your time, and here’s our take on Reddit’s IPO financials.
Here’s what we got into today:
Twitter’s former head of trust and safety Yoel Roth announced today that he is joining Match Group, the parent company of several popular dating apps, including Tinder and Hinge.
Yoel, who shared the move on LinkedIn, is now the company’s Vice President of Trust and Safety.
I swiped right on Match Group,” Roth said in his announcement post.
Roth is now taking his trust and safety expertise to Match’s family of dating apps, which includes Tinder, Match.com, Meetic, OkCupid, Hinge, Plenty of Fish, OurTime, and more.
Although dating apps have built-in features to keep users safe, there is still a lot of toxic behavior on these apps, and not everyone trusts them.
In a new SEC filing, Reddit says it’s planning to sell around 22 million shares, priced between $31 to $34, potentially raising around $748 million at the high end of that range.
But the IPO could be volatile given that Reddit will allow its community members to sell their shares immediately, instead of being subject to the usual lock-up agreements that typically prevent investors from selling shares for six months after the IPO.
The move sets up Reddit to become a meme stock — a term coined in reference to the wild GameStop short squeeze of 2021, which was driven by a group of Reddit users on its community r/WallStreetBets.
The users had taken on the hedge funds that had shorted GameStop’s stock by over 100% by working collectively to buy the stock.
By allowing the Reddit community to buy into the IPO, there’s again potential for the stock to be manipulated — this time, possibly in Reddit’s favor — by Redditors’ collective action.
A lengthy investigation into the European Union’s use of Microsoft 365 has found the Commission breached the bloc’s data protection rules through its use of the cloud-based productivity software.
Announcing its decision in a press release today, the European Data Protection Supervisor (EDPS) said the Commission infringed “several key data protection rules when using Microsoft 365”.
The regulator, which oversees’ EU institutions’ compliance with data protection rules, opened a probe of the Commission’s use of Microsoft 365 and other US cloud services back in May 2021.
Yet use of Microsoft 365 routinely results in data flowing back to Microsoft’s servers in the US.
Over the last few years, Microsoft has responded to amped up EU regulatory risk attached to data transfers by expanding a data localization effort focused on regional cloud customers — in an infrastructure it’s branded the “EU Data Boundary for the Microsoft Cloud”.
What’s going on with the new bill that could ban TikTok?
Congress wants to force TikTok to part with its Chinese parent companyTikTok faces an uncertain fate in the U.S. once again.
The bill, which many of its detractors reasonably describe as a “ban,” would force ByteDance to sell TikTok within six months in order for the app to continue operating here.
The campaign to force ByteDance to sell TikTok to a U.S. company originated with an executive order during the Trump administration.
We may learn more next week if senators begin weighing in on the prospect of creating their own version of the house bill.
If patient data has been stolen, the ramifications for the affected patients will likely be irreversible and life-lasting.
Change Healthcare is one of the world’s largest facilitators of health and medical data and patient records, handling billions of healthcare transactions annually.
The cybersecurity director expressed alarm at the prospect of the hackers potentially publishing the stolen sensitive patient data online.
For those on the front-lines of healthcare cybersecurity, the worst-case scenario is that stolen patient records become public.
Do you work at Change Healthcare, Optum or UnitedHealth and know more about the cyberattack?
Bumble has lost a third of its Texas workforce in the months since the state passed the controversial abortion SB 8 (Senate Bill 8), also known as the Texas Heartbeat Act, over a year ago.
We’ve supported employees who’ve chosen to move out of state,” Monteleone added.
“We — since SB 8 — have seen a reduction in our Texas workforce by about a third.
The dating app maker became the first business to join an amicus brief in support of a lawsuit against the Texas abortion law, Zurawski v. State of Texas, filed by the Center for Reproductive Rights.
The dating app maker posted a weak Q4, with a $32 million net loss and $273.6 million in revenue.
Sam Altman, the CEO of OpenAI, has a seat at the table — or board, rather — once again.
OpenAI today announced that Altman will be rejoining the company’s board of directors several months after losing his seat and being forced out as OpenAI’s CEO.
Joining alongside him are three members, former CEO of the Bill and Melinda Gates Foundation Sue Desmond-Hellmann, former Sony Entertainment president Nicole Seligman and Instacard CEO Fidji Simo — bringing OpenAI’s board to seven people.
Seligman was Sony’s VC and general counsel before rising through the ranks to CEO of Sony Corporation and president of Sony Corporation of America.
Both OpenAI CTO Mira Murati and Ilya Sutskever, a former OpenAI board member and the startup’s chief scientist, approached members of OpenAI’s previous board to express concerns about Altman’s behavior prior to his ouster last year, according to The Times.
Rivian has a little cinematic surprise tucked in its new “treehouse” rooftop tent, one of the many accessories the automaker plans to sell alongside its next-generation R2 SUV and future R3 EVs.
The rooftop tent, which Rivian calls the treehouse, is equipped with a movie projector, which is run using power from the Rivian, Brian Gase, Rivian’s senior director of prototype and special projects, told TechCrunch during a customer event in Laguna Beach, California.
The customer event was held Thursday evening, several hours after Rivian founder and CEO RJ Scaringe unveiled the all-electric R2 SUV and the sporty R3 and R3x hatchback vehicles.
The treehouse, as Rivian has branded it, is different from the white-labeled Yakima tent designed for its flagship R1T truck.
This new treehouse product is contained in a hardshell, which then opens up into a large rooftop tent.
