Twitter suffers sustained outage amid hacker attack
SAN FRANCISCO, June 21 (Reuters) – Two service outages
within the course of several hours rocked microblogging platform
Twitter on Thursday, as users worldwide reported significant
down-time and slow service across both Twitter’s website and
mobile applications.
Amid speculation that Twitter had been crippled by a hacker
attack, the San Francisco-based company blamed the outage – one
of its most severe episodes in recent months – on a “cascading
bug” in one of its infrastructure components.
Twitter suffers sustained outage
SAN FRANCISCO, June 21 (Reuters) – Two service outages
within the course of several hours rocked microblogging platform
Twitter on Thursday, as users worldwide reported significant
down-time and slow service across both Twitter’s website and
mobile applications.
The San Francisco-based company declined to say whether a
technical failure or a malicious attack was to blame.
Payments processor Square updates apps
SAN FRANCISCO, June 19 (Reuters) – Square, the mobile
payment processing company, on Tuesday announced an updated
software suite that includes customer loyalty features.
The San Francisco-based company, which earlier this month
claimed to have registered 2 million merchants since its
founding in 2009, develops software for business transactions on
both sides.
Kleiner Perkins and gender discrimination plaintiff wrangle over love poems episode
The “Book of Longing”: spiritual screed or salacious smut?
A 2006 tract of love poems by Sixties crooner Leonard Cohen, of all things, has emerged as a key point of contention in the high-profile gender discrimination lawsuit that’s sent Silicon Valley into a tizzy.
When Ellen Pao, a junior partner at vaunted venture capital firm Kleiner Perkins Caulfield & Byers sued the firm last month, one of the juicier nuggets tucked in the complaint described senior partner Randy Komisar’s alleged overtures: On Valentine’s Day in 2007, the suit alleged, Komisar gave Pao a copy of the “Book of Longing” — featuring “many sexual drawings and poems with strong sexual content” – and proceeded to ask her out to dinner while his wife was out of town.
Zynga shares dive, Nasdaq halts short sales
SEATTLE (Reuters) – Nasdaq halted short-sales of Zynga Inc on Tuesday as shares of the social gaming company plummeted 11.8 percent on increased concerns that the craze for games on Facebook has already passed its peak.
The San Francisco-based producer of games such as “Farmville” and “Hidden Chronicles,” played by millions of Facebook users, is suffering as gamers switch to mobile phones for entertainment.
Zynga shares dive, Nasdaq halts short sales
SEATTLE (Reuters) – Nasdaq halted short-sales of Zynga Inc on Tuesday as shares of the social gaming company plummeted 11.8 percent on increased concerns that the craze for games on Facebook has already passed its peak.
The San Francisco-based producer of games such as “Farmville” and “Hidden Chronicles,” played by millions of Facebook users, is suffering as gamers switch to mobile phones for entertainment.
Zynga shares plummet as Facebook game craze wanes
SEATTLE (Reuters) – Nasdaq halted short-sales of Zynga Inc on Tuesday as shares of the social gaming company plummeted 11.8 percent on increased concerns that the craze for games on Facebook has already passed its peak.
The San Francisco-based producer of games such as “Farmville” and “Hidden Chronicles,” played by millions of Facebook users, is suffering as gamers switch to mobile phones for entertainment.
Twitter’s first TV ads tout advertising potential
SAN FRANCISCO (Reuters) – Twitter Inc aired its first TV ads to tout its advertising potential on Sunday during a Nascar broadcast on Time Warner Inc’s TNT cable network.
The ads, produced as part of a partnership between Twitter and Nascar, come as the six-year old micro-blogging service seeks to establish itself as a serious social media business, despite heightened doubts about the sector in the wake of Facebook Inc’s bumpy IPO.
Search engine for apps Quixey raises $20 million
SAN FRANCISCO (Reuters) – Quixey, a search engine for apps, said it had raised $20 million in Series B funding to fund expansion in technological capabilities as apps become the predominant way people access the Internet.
The 30-person start-up, based in Palo Alto, offers users a “functional search” toolbar to pinpoint the one app that best suits their needs out of the countless that are in existence.
Twitter’s mobile revenue surpassed Web on many days: CEO
SAN FRANCISCO (Reuters) – Twitter has generated more advertising revenue from its mobile platform than from its website on many days in the last quarter, CEO Dick Costolo said Wednesday, highlighting Twitter’s progress in squeezing ad dollars out of the growing number of smartphone and tablet users worldwide.
Speaking at a conference hosted by The Economist Group in San Francisco, Costolo made his remarks at a time when newly public Facebook, a competitor in the social Internet arena, faces intense pressure to improve its business performance on mobile.
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