Thursday March 28, 2024 | Last Update: March 28, 2024 EDT
Steve Ballmer, the owner of the Los Angeles Clippers basketball team and the former CEO of Microsoft, revealed in a tweet that he has a four percent stake at Twitter, Inc. Forbes adds that the revelation of Ballmer has boosted Twitter’s stock by nearly five percent on Friday, October 16, 2015.
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Twitter Inc. has just hired Omid Kordestani, an executive from Google Inc., to be their new executive chairman, according to a report from Reuters. The move is the latest step in the social media company’s latest turnaround effort under COE Jack Dorsey.
Twitter, Inc. is planning to lay off up to 336 employees, or about 8 percent of the company’s global workforce, according to a SEC filing by Twitter. The job cuts are part of an overall plan to organize the company around its top priority products and drive efficiencies.
Multiple sources have told Re/code that Twitter, Inc. is planning to have company-wide layoffs next week, Jack Dorsey’s first move as the new CEO. It is unclear how many people will be cut, but sources say that it will affect all departments. Sources told Re/code that the downsizing comes at the same time the company is making its engineering organization leaner and more efficient.
Twitter Inc. has announced in a blog post a new partnership with three e-commerce platform that will expand the availability of its Buy Now button. The new partnership allows millions of merchants to sell a product through a tweet.
Stripe, Inc., a payments processing company has just launched Relay, a new API that enables Stripe users to sell products across an expansive and expanding network of popular mediums, according to a blog post Stripe’s Blog.
Twitter, Inc. is planning to increase diversity within its workforce by increasing its female workers and workers of underrepresented minorities, according to a blog post from Twitter’s website.
Twitter, Inc. has just renamed the Twitter Publisher Network, a way to help advertisers to connect to audiences in and out of Twitter, to the Twitter Audience Platform, and added two new features for advertisers to take advantage of, according to a blog post from Twitter.
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