Pinterest CFO Julia Donnelly to Step Down in October

Pinterest said Chief Financial Officer Julia Donnelly will leave the company on October 30, prompting the image-sharing platform to begin an external search for a permanent replacement.

In the interim, Vikram Naidu, Pinterest’s vice president of finance and business operations, will serve as principal financial officer.

CEO Bill Ready credited Donnelly with helping the company deliver 11 consecutive quarters of double-digit revenue growth, while improving operating discipline and expanding margins.

Donnelly joined Pinterest in 2023 after serving as global head of finance at online furniture retailer Wayfair. She is leaving to pursue an opportunity at a private, early-stage company.

Her tenure included Pinterest’s acquisition of connected-TV advertising platform tvScientific and a major $4 billion cloud-services agreement with Amazon Web Services.

The leadership change comes as Pinterest faces stronger competition in digital advertising. Earlier this month, the company forecast slower third-quarter revenue growth as rivals including Meta’s Instagram continue to compete aggressively for advertising budgets.

US Revises China Hacking Claims, Says Agencies Were Targets Rather Than Confirmed Victims

U.S. officials have revised earlier statements about a China-linked cyber campaign, clarifying that several government agencies were targets of attempted intrusions rather than confirmed victims.

The Justice Department updated its August 26 announcement to say that the U.S. Senate, Federal Reserve, NASA and other agencies were among the targets of a Chinese state-sponsored hacking group identified as QTFY.

An earlier version of the statement had described those organizations as victims. The DOJ said the correction was made because the supporting affidavit showed that while all of the agencies were targeted, only some were successfully compromised.

The distinction significantly narrows the scope of confirmed breaches in what U.S. authorities have described as a years-long cyber-espionage campaign targeting federal agencies, defense contractors and other sensitive organizations.

According to the FBI affidavit, QTFY has targeted networks including NASA, the Federal Reserve, Department of Energy, Justice Department, Department of Health and Human Services, National Institutes of Health and the Senate since at least 2018.

Some attempts were unsuccessful. Investigators said NASA avoided a breach because the agency had patched the software vulnerability being targeted, while a separate March 2026 attempt against the Senate was also unsuccessful.

Authorities nevertheless documented successful intrusions involving Energy Department laboratories, NIH, an HHS agency and other organizations, as well as data theft from unnamed defense contractors, financial institutions and universities.

Didi Plans More Than $200 Million Investment in Argentina

Chinese ride-hailing company Didi Global plans to invest more than $200 million in Argentina this year as it expands into smaller cities and develops new safety technologies.

The company sees Argentina as one of its highest-priority global markets and plans to expand services including Didi Moto, its lower-cost motorcycle ride option, and last-mile transportation designed to complement public transit.

Didi currently operates in more than 350 locations across Argentina and expects the number of drivers using its platform to increase 25% this year to more than 500,000. The company forecasts at least another 10% increase in drivers in 2027.

The latest commitment follows approximately $160 million invested in Argentina in 2025. Didi is competing with market leader Uber, which has separately announced plans to invest $500 million in the country over three years.

Didi estimates it has completed around 130 million trips in Argentina in 2026, demonstrating the growing importance of the country to its Latin American operations.

Part of the new investment will also support safety improvements. The company introduced upgrades to its mapping technology and AI models in August as it works to improve security and reliability for passengers and drivers.

The expansion comes as Didi strengthens its international operations beyond China. The company reported a $129 million profit in the second quarter, recovering from a $177 million loss in the previous quarter.