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?Pinterest is a unicorn. It just doesn’t act like one.
Pinterest’s peers — Instagram, Facebook, YouTube and Twitter — have been drowning in toxic harassment, fake news and Russian disinformation campaigns. But even as Pinterest has rejected Silicon Valley’s aggressive, hype-driven way of doing business, and avoiding many of those pitfalls along the way, its slow-and-steady approach has long frustrated some investors.
Cisco CEO: More tariffs will create ‘pain’ for company, prompt higher prices
Cisco Systems CEO Chuck Robbins says the U.S.’ simmering trade war with China could significantly impact the San Jose-based networking giant, including potentially prompting it to pass on higher prices to its customers and cut R&D spending in the U.S. Already this year, the U.S. has slapped $50 billion in tariffs on Chinese imports. Now, the Trump administration is considering tacking another $200 billion in tariffs on goods imported from China, including some of the networking equipment manufactured…
Facebook-leased tower in S.F. may hit record price in sale
In May, Facebook Inc. signed San Francisco’s biggest office lease deal in history — all 755,900 square feet in Park Tower, a 605-foot skyscraper currently under construction. Now the building’s owners, MetLife, the John Buck Co. and Golub & Co. are hoping to sell a 49 percent ownership stake in the tower, five real estate professionals tracking the building told the San Francisco Chronicle. The individuals added that the building’s price per square foot could exceed $1,500, totaling over…
Delta Dental of Washington hires new CEO from Amazon
Mark Mitchke led Amazon Global Fulfillment Services as it worked with small and medium-sized businesses to grow on Amazon and quadrupled sales, Delta Dental said.
Port of Seattle replaces leaders on Sea-Tac Airport International Arrivals Facility project
The Port of Seattle released a report of the project’s delays and increasing costs, and said it reached a deal to cap costs and set a completion date.
Schmidt’s Deodorant to close Portland factory, 52 jobs eliminated
One of the city’s rising consumer goods brands has shuttered its Northeast Portland manufacturing facility. Schmidt’s Deodorant Co. will eliminate 52 jobs as part of the closure, which takes effect Oct. 31. The move comes less than a year after the company was sold to Unilever. Jaime Schmidt, the company’s founder, said after the sale she’d hoped to use the deal to get “immediate access to a more stable supply chain, retail opportunity, consumer insights and talent … Of greatest value is the…

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