Technology Roundup – Facebook allowing work-from-home through year-end for most, Shopify and Pinterest to partner

Published on: May 7, 2020
Author: Amy Liu

Facebook allowing work-from-home through year-end for most – CNBC

Facebook (FB +1.2%) is extending a policy that will give most employees the option to work from home through the end of 2020, CNBC reports.

It will open most offices July 6, allowing employees to come in who need to do so for their jobs, as well as other employee who choose to return to the office.

But most employees are able to do their jobs remotely, CEO Mark Zuckerberg has noted. He also says the company won’t hold gatherings of more than 50 until at least July 2021.

Shopify and Pinterest to partner

Shopify (SHOP -0.4%) and Pinterest (PINS +5.1%) are launching a new app together.

Shopify merchants in the U.S. and Canada can share their products to about 350M Pinterest users through the app.

After it is installed, the app will allow a Shopify merchant to deploy a tag on their website, upload their product catalog and quickly publish in-stock Product Pins. Businesses will also see a shop tab appear on their profile as an additional way for their products to be discovered.

The integration will roll out to Australia, France, Germany, Italy, Spain and the U.K. in the coming weeks.

Square challenges PayPal with Online Checkout

Square (SQ +11.1%) takes aim at PayPal (PYPL +13.9%) by introducing Square Online Checkout, an online checkout link or button that allows retailers to accept payments without having to build an online store.

“Square Online Checkout quickly generates a checkout link or button for any of your goods, services, memberships, and more,” the company said in a blog announcing the feature.

Retailers can post the link in an email, text message, existing website, or social media channel.

Square charges only when the retailer makes a sale — 2.9% + 30 cents per transaction.

Redfin EPS beats by $0.11, beats on revenue

Redfin (NASDAQ:RDFN): Q1 GAAP EPS of -$0.64 beats by $0.11.

Revenue of $191M (+73.5% Y/Y) beats by $12.72M.

The Trade Desk EPS beats by $0.49, beats on revenue

The Trade Desk (NASDAQ:TTD): Q1 Non-GAAP EPS of $0.90 beats by $0.49; GAAP EPS of $0.50 beats by $0.49.

Revenue of $160.7M (+32.8% Y/Y) beats by $3.02M.

Technology