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Oct 4, 2013

Mario’s Tweets: Twitter celebrity name-dropping reflect novel IPO risk

SAN FRANCISCO (Reuters) – Celebrity chef Mario Batali landed on a new promotional platform this week, one that was regulatory rather than razzle-dazzle: the opening pages of Twitter’s 234-page document on its initial public offering.

In a prominently featured screen shot of tweets where the American chef offered cooking tips alongside British rock musician Gavin Rossdale, the company showcased the way people express themselves on the online messaging service.

Oct 4, 2013

Twitter reveals rip-roaring growth, big losses ahead of IPO

SAN FRANCISCO (Reuters) – Twitter Inc, racing toward the largest Silicon Valley IPO since Facebook Inc’s 2012 coming-out party, hopes to woo investors with rip-roaring revenue growth despite having posted big losses over the past three years.

The eight-year-old online messaging service gave potential investors their first glance at its financials on Thursday when it publicly filed its IPO documents, setting the stage for one of the most-anticipated debuts in over a year.

Oct 3, 2013

Timeline: Twitter: from side project to sociocultural sensation

SAN FRANCISCO (Reuters) – Twitter, the 140-character messaging service favored by everyone from the Pope to U.S. President Barack Obama, began as a side-project but rapidly morphed into one of the most powerful social and cultural media forces of our time.

After eight years of explosive user growth marred by persistent technical challenges and management shake-ups, Twitter is now preparing to go public in Silicon Valley’s largest initial public offering since Facebook Inc’s last year.

Oct 3, 2013

Twitter: from side project to sociocultural sensation

SAN FRANCISCO, Oct 3 (Reuters) – Twitter, the 140-character
messaging service favored by everyone from the Pope to U.S.
President Barack Obama, began as a side-project but rapidly
morphed into one of the most powerful social and cultural media
forces of our time.

After eight years of explosive user growth marred by
persistent technical challenges and management shake-ups,
Twitter is now preparing to go public in Silicon Valley’s
largest initial public offering since Facebook Inc’s last
year.

Oct 3, 2013

Facebook helps design housing complex near headquarters

SAN FRANCISCO, Oct 3 (Reuters) – The commute may be getting
a lot shorter for some of Facebook Inc’s workers.

The online social networking company is investing in and
helping to design a 394-unit housing development, complete with
swimming pool, sports pub and a convenience store, that will be
built one and a half miles down the road from its headquarters.

Oct 2, 2013

Twitter sorts out lock-up agreements ahead of releasing IPO plans

SAN FRANCISCO (Reuters) – Twitter Inc’s bankers contacted early investors this week asking them to sign a 180-day lock-up agreement by Wednesday afternoon, showing the company is moving swiftly toward its initial public offering.

The email from Goldman Sachs, the lead underwriter of Twitter’s IPO, asked shareholders to sign and return a form by 5 pm Pacific time on Wednesday acknowledging that they would be prohibited from selling shares for 6 months after the firm lists, according to two shareholders who received the email.

Oct 1, 2013

Facebook expands ad service for app developers

SAN FRANCISCO (Reuters) – Facebook Inc is expanding an advertising service aimed at developers of smartphone and tablet apps, the social network’s latest move to bolster its fast-growing mobile business.

Facebook’s so-called mobile app ads – which allow companies to promote their mobile apps to Facebook’s 1.15 billion users – will include new capabilities designed to boost the amount of time that consumers use the third-party apps, the company said on Tuesday.

Sep 27, 2013

Facebook to show users less unwanted ads in newsfeed

SAN FRANCISCO, Sept 27 (Reuters) – Facebook newsfeeds will
contain fewer ads for products or services that users are not
interested in, Facebook Inc said on Friday, announcing
changes in advertising policy.

It was the Web company’s latest effort to refine the
newsfeed ads that have become more important to its business.

Sep 27, 2013

How Jack Ma can keep a tight grip on Alibaba after an IPO

NEW YORK/SAN FRANCISCO (Reuters) – Alibaba Group Holding Ltd founder Jack Ma wants to keep a tight grip on the Chinese e-commerce company he founded even after he takes it public, and U.S. law gives him several ways to do so.

The company had planned to list in Hong Kong, but the exchange there threw cold water on Ma’s plan to give Alibaba’s insiders, who only own about 10 percent of the stock, the power to nominate a majority of the board, sources say. Regulators in the Chinese territory said that all shareholders must be treated equally.

Sep 19, 2013

Facebook broadens effort to show ad payoff

SAN FRANCISCO (Reuters) – Facebook Inc is expanding a service that lets a group of major marketers measure the effectiveness of their ads, in the company’s latest move to prove that advertising on the world’s largest social network leads to real world sales.

The service, which Facebook quietly rolled out in the United States during the past year, analyzes its users’ mobile phones and wireless providers to see who has switched handsets or carriers after looking at an ad.

    • About Alexei

      "I write about Internet companies including Google, Yahoo and Facebook. I’ve covered technology and business for more than ten years at publications including TheStreet.com, CNET and The Industry Standard magazine."
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