social media Archives - CFO

Reddit Eyeing IPO at Valuation of $15B

Reddit Eyeing IPO at Valuation of $15B

The social media platform confidentially filed paperwork for a public offering after raising $700 million in its last private investment round.

By Matthew Heller | December 17, 2021

Nextdoor Lands SPAC Deal With Khosla

Credit & Capital

Nextdoor Lands SPAC Deal With Khosla

The social media platform for neighbors plans to go public at a valuation of $4.3 billion.

By Lauren Muskett | July 6, 2021

AMC’s CEO Uses Social Media to Connect With Retail Investors

Credit & Capital

AMC’s CEO Uses Social Media to Connect With Retail Investors

Adam Aron is turning his attention to the retail investors who have driven up the movie theater chain’s stock price.

By Lauren Muskett | May 25, 2021

Protecting the Enterprise from Social Media Threats

The misuse or abuse of social media can be extremely damaging to a company’s brand reputation or share value.

By Lauren Muskett | May 12, 2021

Twitter Shares Fall on Slowing User Growth in Q3

Twitter Shares Fall on Slowing User Growth in Q3

Twitter beat estimates on the top and bottom lines but daily active user growth of only 1 million disappointed investors.

By Matthew Heller | October 30, 2020

U.S. Government Considers TikTok Ban

U.S. Government Considers TikTok Ban

Critics have brought up concerns around the app’s privacy practices and its possible ties to the Chinese government.

By Lauren Muskett | July 10, 2020

Coty Makes $600M Beauty Bet on Kylie Jenner

Coty Makes $600M Beauty Bet on Kylie Jenner

The ailing beauty company is buying a majority stake in startup Kylie Cosmetics as it seeks to appeal to a younger demographic.

By Matthew Heller | November 18, 2019

Twitter Shares Jump 15% on Monthly User Surge

Financial Performance

Twitter Shares Jump 15% on Monthly User Surge

“Twitter is on a path to sustainable revenue growth and accelerated profit expansion," one analyst says.

By Matthew Heller | April 23, 2019

Pinterest Prices IPO to Raise More Than $1.2B

Pinterest Prices IPO to Raise More Than $1.2B

The conservative pricing raises "questions about investor demand for prominent but unprofitable technology companies."

By Matthew Heller | April 9, 2019

Zoom vs. Pinterest: How the IPOs Stack Up

Zoom vs. Pinterest: How the IPOs Stack Up

Which offering will institutional and individual investors find the most attractive?

By Vincent Ryan | March 25, 2019

Ford Names Ex-Amazon Exec Tim Stone as CFO

Ford Names Ex-Amazon Exec Tim Stone as CFO

The appointment of Stone to replace Bob Shanks "demonstrates Ford’s continuing transformation to a new age auto company."

By Matthew Heller | March 21, 2019

U.K. Committee: Facebook ‘Intentionally and Knowingly’ Broke Laws

Risk & Compliance

U.K. Committee: Facebook ‘Intentionally and Knowingly’ Broke Laws

"Companies like Facebook should not be allowed to behave like 'digital gangsters' in the online world," said a report from U.K. lawmakers.

By Vincent Ryan | February 18, 2019

CFO Stone Leaving Snap After Only 8 Months

CFO Stone Leaving Snap After Only 8 Months

While Snap's financials improved slightly during Tim Stone's short tenure, the company's share price continued to ebb.

By Vincent Ryan | January 15, 2019

Facebook Beats on Earnings, Raises Outlook

Financial Performance

Facebook Beats on Earnings, Raises Outlook

The company is now expecting revenue growth to slow by a “mid-to-high single-digit percentage” in the fourth quarter after a 33.5% gain in Q3.

By Matthew Heller | October 31, 2018

Facebook Shares Dive on Revenue Weakness

Financial Performance

Facebook Shares Dive on Revenue Weakness

“We expect our revenue growth rates to decline by high-single-digit percentages from prior quarters sequentially in both Q3 and Q4,” CFO David Wehner says.

By Matthew Heller | July 26, 2018