Jack Dorsey’s impractical double duty

By Sarah Lacy
October 10, 2012

Editor’s note: This piece originally appeared on PandoDaily.com.

Can we finally stop pretending someone can run two companies if they just work hard enough or are brilliant enough?

Starbucks and Square want your phone to be your wallet

August 10, 2012

After years of fits and starts, the prospect of using your phone to make purchases instead of your credit and debit cards is entering a promising era. The struggle for who will control your virtual wallet is intensifying, and while it’s far from certain what will replace plastic, it’s almost certain something will, very soon.

The Life of Jack: Twitter/Square co-founder details his grueling workweek

November 14, 2011

Managing a fast-growing tech start-up is not a job that everyone is cut out for.

Managing two of today’s hottest start-ups simultaneously? That’s a feat that could overwhelm even some of the corporate world’s biggest egos.

Tech wrap: Olympus shareholders want entire board purged

November 8, 2011

Pressure mounted on Japan’s Olympus to take radical action after it admitted to hiding losses on securities investments for decades, with the camera and endoscope maker’s largest foreign investor demanding the resignation of the company’s entire board. Southeastern Asset Management, which owns about five percent of the 92-year-old company, said Tuesday’s admission “changes everything”.

Tech wrap: And Myspace goes to . . .

June 29, 2011

News Corp’s hunt to find a buyer for once-mighty social networking website Myspace has finally ended. Specific Media, an online advertising firm, has agreed to buy the site for about $35 million, a source familiar with the deal told Reuters. News Corp will retain a minority 5 percent stake in the website it purchased six years ago for $580 million. More than half of the site’s 500 employees are expected to be laid off as part of the deal.

Tech wrap: Amazon vs eBay…fight!

March 28, 2011

A photograph of a computer screen showing the website eBay is shown in Encinitas, California April 22, 2009. REUTERS/Mike BlakeEBay said it will buy e-commerce service provider GSI Commerce for $1.96 billion in cash to build up its online marketplaces, as it ramps up its battle with Amazon.com. GSI is attractive to eBay because of its expertise in taking customer orders, managing them and filling them, which also happens to be an area of strength for Amazon. GSI, which owns Web businesses such as Rue La La and ShopRunner, also provides retailers such as Aeropostale and TJX’s Marshalls chains with technology, payment processing and customer care services for their e-commerce sites.

For Web startups, 2011 kicks off with flood of funding

January 12, 2011

MARKETS-KOREA-FOREX/The East Coast has been buried in copious amounts of snow this winter. In Silicon Valley, the only thing falling from the sky seems to be money.