/// AllThingsD Week in Review: Twitter’s Product Problem and Ballmer Keeps His Microsoft Shares

November 9, 2013  |  All Things Digital


In case you missed anything, here’s a quick roundup of some of the news that powered AllThingsD this week: It’s official: Twitter is now a publicly traded company, with its IPO pricing Wednesday at $26 per share, hitting the NYSE on Thursday with a first-day pop up to $45 a share , before closing the week at $42.50. Even at $26, Twitter still raised quite a bit of money , giving a hefty paper net worth to its top executives. But is Twitter agile enough to fix its product problem , now that it’s answering to both users and public investors? As of Monday, BlackBerry is no longer trying to sell itself and is in the process of replacing CEO Thorstein Heins. The buyout bid’s failure sent BBRY shares into the floor , while Heins’s exit package adds up to between $7 million and $22 million . Despite its recent struggles, BlackBerry will not shut down its mobile handset business, according to interim CEO John Chen. Google’s Nexus 5 is the first Android phone to run the latest version of the mobile operating system, KitKat. But are the phone and the OS any sweeter? Walt Mossberg writes, “ I like both, though neither is an especially bold leap forward in features.” “Our business does not depend on collecting personal data ,” Apple writes in a formal report on federal government data requests — the first such report published by a tech company in the wake of the Snowden/NSA scandal

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AllThingsD Week in Review: Twitter’s Product Problem and Ballmer Keeps His Microsoft Shares


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