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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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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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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 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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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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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 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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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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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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