Technology

PayPal is in late-stage talks to acquire Pinterest

PayPal is in late-stage talks to acquire Pinterest

PayPal is in late-stage talks to buy social media company Pinterest, a person familiar with the matter told CNBC. This person asked to remain anonymous because the deal discussions were confidential. Shares of Pinterest soared Wednesday after Bloomberg first reported that PayPal may acquire the social media company.

Click here to read more -->
×