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shares in the image sharing app pinterest will start trading in the us later today. it s the latest in a whole line of tech companies coming to market this year. the offer price of $19 per share values the online scrapbooking company at $12.7 billion. more than expected. last year it generated revenues of $756 million, a leap of 60%. but like many of its tech contemporaries, it s a long way from profitable. in fact, it lost $63 million last year although that s half the amount it lost the previous year. so things seem to be heading in the right direction. the company is busily enticing new users it added 51 million last year alone, 45 million of those from outside the us. it now has 265 million active monthly users, a figure that s bound to interest investors. oliver smith, editor of altfi, joins me now. lots of millions, but none relating to profit. where has this valuation come from? i think there is lots of excitement around this company. it s demographics are two thir
GermanyMumbaiMaharashtraIndiaHanoiHa-n-iVietnamRepublic-ofChinaNorth-koreaManchesterUnited-kingdom leshan, wusa9. thank you, bruce. that search warrant also says investigators seized cell phones, letters, lap tops, but we do not know what they found on those letters or those devices. let s get to a developing story out of wyoming where three people from our area have been killed in a plane crash. it happened saturday in cody. that is in northwest wyoming near the montana border, killed in the crash were joyce bartoo of d.c., diane stubbs and her husband gerald stubbs both from annapolis. the pilot from colorado also died in that crash. the group took off from share sheridan county airport and turned toward cody and then crashed. the flag flown at half staff in honor of the service members killed in chattanooga les week. it happened only after last week. it happened only after criticism from house speaker john boehner. scott broom is on the hill with reaction to how it all happened today. how did this just get started, scott? reporter: well, there s a lot of symbo
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