Pinterest says it is ending the creator rewards program that it launched in 2021, which offered cash bonuses when creators completed certain goals (Kaya Yurieff/The Information)

Kaya Yurieff / The Information:
Pinterest says it is ending the creator rewards program that it launched in 2021, which offered cash bonuses when creators completed certain goals  —  Pinterest is ending its creator rewards program, which offered cash bonuses when creators completed goals such as hitting certain engagement metrics, The Information is first to report.

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OnlyFans says revenue for the year ending November 2021 rose 160% YoY to $932M and number of creators rose 34% to 2.1M, earning ~$4B, with fans up 128% to 188M (Kaya Yurieff/The Information)

Kaya Yurieff / The Information:
OnlyFans says revenue for the year ending November 2021 rose 160% YoY to $932M and number of creators rose 34% to 2.1M, earning ~$4B, with fans up 128% to 188M  —  OnlyFans, the adult content site best known for explicit content, reported revenue soared 160% to $932 million year-over-year …

Twitter confirms it shut down its Ticketed Spaces test indefinitely before Elon Musk’s takeover of the company (Kaya Yurieff/The Information)

Kaya Yurieff / The Information:
Twitter confirms it shut down its Ticketed Spaces test indefinitely before Elon Musk’s takeover of the company  —  Before Elon Musk’s takeover of Twitter, the company paused paid tickets to its live audio feature Spaces, the social network confirmed.  “We’ve paused the Ticketed Spaces test indefinitely …

Atlanta-based MessageGears, a customer engagement service rivaling MoEngage, raised $62M led by Long Ridge Equity Partners, bringing its total funding to $80M+ (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
Atlanta-based MessageGears, a customer engagement service rivaling MoEngage, raised $62M led by Long Ridge Equity Partners, bringing its total funding to $80M+  —  Dan Roy, a former software engineer at Delta, says he witnessed firsthand the challenges companies face when making the shift …

Coin Metrics: on Tuesday, bitcoin fell 12.6% to $18,203 and briefly hit $17,300.80, its lowest level since November 2020; ether dropped 18.2% to $1,311.50 (Tanaya Macheel/CNBC)

Tanaya Macheel / CNBC:
Coin Metrics: on Tuesday, bitcoin fell 12.6% to $18,203 and briefly hit $17,300.80, its lowest level since November 2020; ether dropped 18.2% to $1,311.50  —  Follow your favorite stocksCREATE FREE ACCOUNT  —  WATCH NOW  —  FTX token plunges as Binance steps in to buy the crypto exchange’s non-U.S. unit: CNBC Crypto World

Pinterest adds Elliott Management’s Marc Steinberg to its board as part of an agreement with the activist investor; Elliott has a stake of over 9% in Pinterest (Sarah E. Needleman/Wall Street Journal)

Sarah E. Needleman / Wall Street Journal:
Pinterest adds Elliott Management’s Marc Steinberg to its board as part of an agreement with the activist investor; Elliott has a stake of over 9% in Pinterest  —  Activist investor has also entered into a long-term agreement to help the social-media company grow

Singapore-based online shopping rewards app ShopBack adds $80M to its Series F from Temasek’s 65 Equity, making the round $160M, source says at a ~$1B valuation (Olivia Poh/Bloomberg)

Olivia Poh / Bloomberg:
Singapore-based online shopping rewards app ShopBack adds $80M to its Series F from Temasek’s 65 Equity, making the round $160M, source says at a ~$1B valuation  —  ShopBack, an online shopping rewards app backed by Singapore’s Temasek Holdings Pte, raised $80 million from the state investment …