Pinterest Move from Microsoft!

It was reported that Microsoft attempted to buy the social media platform Pinterest.

The Pinterest move came from Microsoft. According to the report compiled by the Financial Times (FT), Microsoft made an effort in recent months to buy Pinterest, a visual sharing-focused social media platform. In the news in question, it was reported that the purchase negotiations between Microsoft and Pinterest could not be achieved, as Pinterest chose to remain an independent company. According to the report, Microsoft, with this acquisition strategy, wants to match active online users on the cloud platform. Microsoft bought LinkedIn for $ 26.2 billion in 2016. Known as the visual sharing platform, Pinterest has earned 36 percent in the last 3 months, reaching a market value of about $ 50 billion. Pinterest's shares gained 239 percent in 12 months. The social media platform stated last week that it gained 100 million new users in 2020, and that Pinterest experienced 76 percent growth in quarterly revenue from year to year.