Amazon will stop accepting U.K-issued Visa credit cards starting in January, citing excessive fees. Visa stock gapped down. Read More...
American City Business Journals
Pinterest unveils its in-house incubator
Pinterest has an incubator that’s behind the development of new products like its recently launched shoppable TV channel, the social media outlet revealed in a blog post Tuesday. It’s called TwoTwenty, after the address of the company’s first office, and is an in-house, cross-functional experimental products team made up of engineers, designers, and content and product experts “dedicated to the rapid testing and launching of new ideas,” Pinterest said. “TwoTwenty is where rapid innovation happens across disciplines, bringing the latest in technology together with emotional wellbeing to build products that complement people’s lives, rather than consume them,” said Meredith Arthur, content lead for TwoTwenty.
