I am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter @theroberthart or email me at [email protected]
PayPal is not pursuing an acquisition of social media company Pinterest, the digital payments giant announced in a
Monday, putting a stop to days of speculation over what could have been one of the internet industry’s largest deals in years. Key Facts PayPal said it is not pursuing a deal to acquire Pinterest “at this time,” according to a single-sentenceThe denial is a direct response to “market rumors” the payment giant was in talks to acquire Pinterest, PayPal said. by Bloomberg last week, would have reportedly valued Pinterest at around $45 billion and been PayPal’s biggest acquisition since it bought coupon company Honey for $4 billion in 2019.
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