Twitter Stock Tanks After Earnings Spoiler

Twitter stock tanked more than 18 percent by market close on Tuesday after the microblogging site’s disappointing earnings hit the Web ahead of schedule. The first-quarter results, which were initially published by market data firm Selerity, reported revenue of $436 million, below the $458 million analysts polled by Thomson Reuters had expected. It was not immediately clear how the information

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Sheryl Sandberg: ‘As A Woman Gets More Successful.. She Is Less Liked’

Ellen Pao’s high-profile gender discrimination lawsuit has resonated with women across Silicon Valley and beyond — including Sheryl Sandberg. In a recent interview with Virgin Group founder Richard Branson and Bloomberg, the Facebook executive said she saw many of her own experiences reflected in Pao’s case against venture capital firm Kleiner Perkins Caufield & Byers. “We have systematic stereotypes of

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Etsy Files For $100 Million IPO, Doesn’t Seem So Cutesy Anymore

Esty, the online seller of hand-knit beard warmers, vintage Madras sportcoats and everything in between, filed for a $100 million initial public offering on Wednesday evening. The precise details of the transaction are subjection to revision and addition, but the basic outline of the Brooklyn-based company’s financial details and strategy are unlikely to change much, if at all. Etsy generated

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Shazam: from text-based service to $1bn app in 15 years

Call a company “Shazam”, and it needs to be doing something magical. Last week, the 15-year-old British business managed that, at least in part: a $30m (£19.9m) investment for just under 3% of its shares. That meant it became one of only half a dozen UK technology startups valued at $1bn or more – joining Powa, Wonga, Monitise, Zoopla and,

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Sheryl Sandberg On Facebook’s Latest Effort To Get 4 Billion People Online

Think there are already a ton of people on Facebook? Think again. Facebook’s Chief Operating Officer Sheryl Sandberg sat down with Arianna on HuffPost Live at Davos Friday to discuss the social network’s initiative, internet.org, which seeks to bring online resources, like Facebook and Wikipedia, to areas of the world that aren’t connected to the Internet yet. According to recent

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