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Twitter introduces 360-degree video live streaming

twitter-140-media Twitter is taking another step into getting into live video by introducing 360-degree live streams through Periscope. Anyone on Twitter and Periscope can watch 360-degree live video, though currently only select partners can go live in 360 via Periscope, the company announced in a blog post. While it’s only available for a limited number of partners for now, it makes sense that Twitter… Read More

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Twitter overcharged video advertisers, issues refunds

twitter-video-chase2 Now it’s Twitter copying Facebook…but in the worst way. Following several embarrassing disclosures of inaccurate metrics by Facebook, today Business Insider’s Alex Heath broke news that Twitter overcharged some advertisers. Between November 7th and December 12th, a source tells BI that video ad buyers were overcharged up to 35%. Twitter apparently informed these… Read More

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Twitter didn’t fix itself in 2016 and Wall Street isn’t happy

jack dorsey alt angle code conference Layoffs, a borked acquisition and continued tepid user growth defined Twitter in 2016. And these are all things that make Twitter’s future uncertain, which we know Wall Street does not like. Jack Dorsey’s one-year tenure as CEO was more or less defined by a continue decline in its stock price and, amid all its attempts to try and re-make the service and make it more palatable,… Read More

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Twitter’s CTO Adam Messinger is leaving the company along with VP of product Josh McFarland

twitter-140-media Twitter CTO Adam Messinger, who has been the company’s CTO for almost four years and with the company for five years, said today he was leaving the company. Twitter VP of product Josh McFarland is also leaving to join Greylock Partners.
Messinger made the announcement in — no surprise — a tweet:

After 5 years I’ve decided to leave Twitter and take some time off. Read More

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Periscope sunk without Twitter’s wings

periscope-sunk Periscope is slipping beneath the waves. It’s steadily dropped from No. 23 on the overall iOS app charts in January to No. 441 this weekend. Now Twitter is pulling Periscope’s live streaming abilities into its own app, something it should have done from the start. Read More

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What interns and new grads really get paid at top tech companies

Man taking money from wallet From woefully underpaid internships to legendary hiring bonuses at huge Silicon Valley companies, it’s hard for job seekers to know what they’re worth in tech. It’s even harder when they’re new to the rat race. One undergraduate computer science student at Purdue University, Jesse Collins, has taken it upon himself to gather data from undergrads and recent grads to… Read More

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Most students can’t tell fake news from real news, study shows

reading newspaper with ostrich If you thought you heard the last on fake news, you were sadly mistaken. A Stanford study found that the majority of middle school students can’t tell the difference between real news and fake news. In fact, 82 percent couldn’t distinguish between a real news story on a website and a “sponsored content” post. Of the 8,704 students studied (ranging in age from middle… Read More

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Snapchat has reportedly filed confidentially for its massive IPO

snapchat-ads Snapchat appears to be moving forward in its plans to go public early next year with the company filing confidentially for its IPO, according to a report from Reuters. In recent years, companies have begun filing confidentially for their initial public offerings well ahead of revealing their financial guts in the formal IPO process. That gives a time window between the SEC getting the… Read More

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Twitter still might save Vine by selling it

twitter-sell-vine Vine may survive after all. Twitter is currently vetting multiple term sheets from companies offering to buy Vine, and hopes to make a deal soon, multiple sources tell TechCrunch. After announcing its plan to shut down Vine last month, Twitter received a large number of bids, including several from Asia. It’s now working to decide who should run the short-form video app. While… Read More

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Twitter’s sales team may take a hit in big upcoming layoffs

SUN VALLEY, ID - JULY 6: Jack Dorsey, co-founder and chief executive officer of Twitter, attends the annual Allen & Company Sun Valley Conference, July 6, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images) Well, now we know why Twitter decided to move its earnings report to before the market opens (when the West Coast will conveniently, largely be asleep).
Bloomberg is reporting that the company may cut up to 8% of its staff, or around 300 people, and that the cuts could be announced as soon as this week. As usual these situations are very dynamic, so all of the above could shake out to be… Read More

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