Browsing: Pinterest

Pinterest plans to raise about US$1.5-billion dollars in its initial public offering of shares. The digital scrapbooking site will put about 86.3 million shares up for sale at a price between $15 and $17 each.

Twitter co-founder Biz Stone said he’s rejoining the company six years after he left, becoming the second creator to return to help revive the struggling social media service. In his new role, Stone will be focused on company culture