March 29 at 1:20 p.m.
Filed under:
Telecommunications,
Transportation,
Travel
By Associated Press
Amtrak is introducing a pilot program to notify Northeast Corridor passengers about major service disruptions via Twitter.
The program using the @AmtrakNEC handle began Tuesday. Get the full story »
March 14 at 7:38 a.m.
Filed under:
Cell phones,
Consumer electronics
From the Associated Press | Users of Apple’s iPhone peppered Twitter and blogs with complaints that their phones bungled the one-hour “spring forward” to daylight savings time that went into effect overnight Saturday.
Some users’ phones fell back one hour instead of springing forward, making the time displayed on the iPhone two hours off. This is just the latest clock woe for Apple’s chic iPhone. A clock glitch prevented alarms from sounding on New Year’s Day, causing slumbering revelers to oversleep. The devices also struggled to adjust to the end of daylight savings time back in November. Get the full story>>
Feb. 28 at 1:40 p.m.
Filed under:
Internet,
M&A,
Technology,
Telecommunications
By Reuters
A new JPMorgan Chase & Co. technology fund is in talks to buy a substantial stake in Internet messaging and communications site Twitter, the Financial Times reported on Sunday, citing people familiar with the plans.
According to the report, JPMorgan’s Digital Growth fund hopes to acquire 10 percent of Twitter for $450 million, valuing the company at $4.5 billion. Get the full story »
By Associated Press
Zynga, the company behind popular Facebook games such as FarmVille and CityVille, is in talks with potential investors to raise about $250 million, which would value the startup at $7 billion to $9 billion, according to a published report.
The Wall Street Journal, citing unnamed sources familiar with the matter, said in a report Monday that a decision to raise money could be weeks away if it happens. Get the full story »
Feb. 14 at 11:19 a.m.
Filed under:
Internet,
Technology,
Telecommunications
By Dow Jones Newswires
Twitter Inc. Chief Executive Dick Costolo said the microblogging service is “already making money,” but he did not immediately clarify whether he was referring to revenue or profit.
Costolo made his comments in a webcast keynote address at Mobile World Congress in Barcelona, but a subsequent Q&A period was not streamed on the Internet. Get the full story »
Feb. 10 at 7:16 a.m.
Filed under:
M&A
By Dow Jones Newswires-Wall Street Journal
As Internet valuations climb and bankers and would-be buyers circle Silicon Valley in an increasingly frothy tech market, many eyes are on one particularly desirable, if still enigmatic, target: Twitter.
Executives at both Facebook Inc. and Google Inc., among other companies, have held low-level talks with those at Twitter Inc. in recent months to explore the prospect of an acquisition of the Web-based messaging service, according to people familiar with the matter. The talks have so far gone nowhere, these people say. Get the full story »
Jan. 5 at 7:04 a.m.
Filed under:
Internet,
Investigations
By Dow Jones Newswires-Wall Street Journal
The Securities and Exchange Commission has begun examining whether disclosure rules for privately held firms need to be rewritten as a result of recent deals allowing investors to buy shares in Internet companies such as Facebook Inc. and Twitter Inc., according to people familiar with the situation. Get the full story »
By Associated Press
A spam attack on Twitter shows why it’s wise to use different passwords for Internet accounts.
Twitter said Monday that hackers broke into an unspecified number of accounts and sent spam promoting acai berry drinks. Twitter says the passwords came from a breach at Gawker Media, which runs Gawker, Gizmodo and other technology and media sites. People who used the same passwords for both sites were vulnerable. Get the full story »
Nov. 17, 2010 at 2:17 p.m.
Filed under:
Internet,
Technology
By Reuters
Microblogging service Twitter is considering raising funding that would value the company at $3 billion, according to a popular technology blog.
Russian technology investment firm DST Global is seeking to lead the funding round, which would be larger than the $100 million that Twitter raised in September 2009, according to a report Wednesday on the blog TechCrunch. The report said that other investors are also eager to be involved. Get the full story »
By Reuters
Facebook and Twitter social networking sites were used to tout stocks in a classic “pump and dump” fraud of about $7 million that was uncovered during a cocaine-trafficking probe, U.S. prosecutors said on Tuesday. Get the full story »
Oct. 4, 2010 at 3:46 p.m.
Filed under:
Chicago executives,
Personnel moves,
Technology
By Wailin Wong
Dick Costolo (Getty Images)
Former Chicagoan Dick Costolo has been elevated to chief executive of Twitter, where he had been chief operating officer for the last year.
Twitter co-founder Evan Williams, who had been CEO of the microblogging service since 2008, announced the change Monday on the company’s official blog. Williams said he’s staying with Twitter and will “be completely focused on product strategy.” Get the full story »