Posts Tagged ‘twitter’

Bitcoin, Schmitcoin — Tech Stocks Also on a Frothy Run

November 29, 2013  |  All Things Digital  |  No Comments

While the stock market was only open a half-day today, it was still a solid one for Internet stocks as the market enters its final month of 2013. Most showed gains yesterday, with Apple, Amazon and Twitter all up almost two percent. But that does not tell the story of how well shares of tech companies have been doing throughout the year — most are up significantly, seeing big jumps. For the year-to-date, most well-known issues are up, including: LinkedIn, up more that 95 percent; Facebook, up over 76.5 percent; Yahoo, up 83 percent; Amazon, up 57 percent; Google, up close to 50 percent; and even perpetually stagnant Microsoft, up close to 43 percent. Apple lagged, up only 4.5 percent, and Twitter remains below its November IPO price, down 7.4 percent. Even suffering Groupon and Zynga did well, up more than 86 percent and 84 percent respectively. The past three months have not been as strong, though, with Amazon leading the pack with a 38.6 percent rise. It was followed by Yahoo, up 35.3 percent; Google, up close to 34 percent; Facebook and Microsoft, up close to 14 percent; and Apple, up just over 13 percent. LinkedIn declined just over seven percent in the period, not a surprise, given its spectacular rise since it went public in mid-2011. What the rest of the year and 2014 will bring is anyone’s guess, of course, but there are expected to be a spate of IPOs in the first half of the new year, most notably China’s Alibaba Group, whose stellar performance should continue to boost Yahoo’s stock.

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Bogus Accounts Dog Twitter

November 25, 2013  |  All Things Digital  |  No Comments

One day earlier this month, Jim Vidmar bought 1,000 fake Twitter accounts for $58 from an online vendor in Pakistan. He then programmed the accounts to “follow” the Twitter account of rapper Dave Murrell, who calls himself Fyrare and pays Mr. Vidmar to boost his standing on the social network. Mr. Vidmar’s fake accounts also rebroadcast Mr. Murrell’s tweets, amplifying his Twitter voice. Mr. Murrell says he sometimes buys Twitter ads to raise his profile, “but you’ll get more with Jim.” He says many Twitter users try to make their followings look bigger than they are. “If you’re not padding your numbers, you’re not doing it right,” he says. “It’s part of the game.” Mr. Vidmar offers a window into the shadowy world of false accounts and computerized robots on Twitter, one of the world’s largest social networks. Surrounded by a dozen computers at his home overlooking a golf course near the Las Vegas Strip, Mr. Vidmar has been buying fake accounts and unleashing them on Twitter for six years. Today, he says he manages 10,000 robots for roughly 50 clients, who pay Mr. Vidmar to make them appear more popular and influential. His are among millions of fake accounts on Twitter. Mr. Vidmar and other owners manage them to simulate Twitter users: they tweet; retweet, or forward, other tweets; send and reply to messages; and follow and unfollow other Twitter accounts, among other actions

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Mario Lopez’s Dog Has a Twitter Account

November 22, 2013  |  Media Week  |  No Comments

Specs Who Mario Lopez Age 40 Accomplishments Host of Extra ; NuvoTV ’s Mario Lopez: One-on-One (new episodes return early 2014); Fox’s The X Factor (Wednesday and Thursday at 8 p.m.); and Premiere Radio’s ON With Mario Lopez Base Los Angeles What’s the first information you consume in the morning? First I turn on my local news channel because I want to see stuff like the weather and traffic, but then I go to my Twitter after that when I’m eating breakfast. Twitter to me is like Google but with feedback. I think it’s great for news but also connecting with fans. If I’m not on Twitter or watching the morning news, then I like to read the paper, usually the L.A. Times. I’m a little old school that way. What do you like most about using social media? I’m on Twitter , but that’s it. I first got into Twitter a while back because I had to for the show. At first I was like Fred Flintstone, not really into it. I was reluctant to embrace any social media, but now I really like it. It turns out that Twitter is perfect for my ADD—140 characters, quick, easy, direct. Your dog Julio also has a Twitter account, right? Yes, my dog has his own Twitter account , and a pretty good-sized, loyal following. My wife actually runs it, so when he’s being naughty—and he’s a pretty salacious little guy—she’s to blame, not me. Whose idea was it to put him on Twitter?

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Vine Goes Global With Added Language Support

November 22, 2013  |  All Things Digital  |  No Comments

Vine, the six-second video-sharing app acquired by Twitter last year, announced support for 19 new languages on Thursday. The expansion is focused mostly on European and Asian countries, areas where Vine’s sister app, Twitter, is seeing some of its fastest growth.

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Salesforce Went Down for About Three Hours Today in North America and Europe

November 15, 2013  |  All Things Digital  |  No Comments

A system update that went awry appears to be the cause of a failure that took Salesforce.com down across much of North America and most of Europe. In some cases, the outage lasted for as long as three hours. Salesforce acknowledged the outage on its System Status page , which shows that seven out of 17 instances in North America were affected, as were two out of four in the Europe, Middle East and Africa region. Two instances in the Asia Pacific region were unaffected. According to a Salesforce statement, the problem began at a little before 9 pm ET last night. If you were trying to use Salesforce.com during the next three hours or so in the affected regions, you probably had trouble signing on. The company said the preliminary findings point to planned maintenance on networking equipment that clearly didn’t go as planned. The timing could have been better. On Monday Salesforce will report quarterly earnings. And, on the same day, the company’s Dreamforce conference gets under way in San Francisco. CEO Marc Benioff is giving a big keynote address on Tuesday that will more or less set the table for Salesforce’s agenda in 2014. A lot of people took to Twitter to express their frustration. Here’s one. @salesforce is having a major outage for 2+ hours now. Many nodes down. It seems we’re at the mercy of our cloud providers. — David Friedlander (@i_am_davidf) November 15, 2013 Anyway, here’s Salesforce’s statement, referring specifically to its NA2 instance in North America, but the message was the same across all the others.

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Twitter Shares Down on Second Day Opening

November 8, 2013  |  All Things Digital  |  No Comments

After a brief rise on Friday morning, shares of Twitter slipped in the second day of trading. The stock saw an early two-point slide for a four percent drop. As of mid-Friday morning, TWTR was trading at around $42.50 per share. That’s down from its Thursday debut price of $45.10 , but still up more than 70 percent from the $26 per share at which the stock was originally priced. Chatter around the company’s debut continued into Friday, with commenters dividing into two camps — those who thought Twitter’s massive stock price pop was a good thing for retail and major investors and those who argued that with the surge of nearly $20 up from its pricing, Twitter left more than $1 billion on the table . As analysts have reiterated, most of the early clamor for Twitter shares has been all on the promise of the company one day delivering big returns; as of today, Twitter is relatively small in both revenue and user numbers compared to its competitor Facebook, and continues not to turn a profit.

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QOTD: #happyholidays

November 8, 2013  |  All Things Digital  |  No Comments

Had Twitter priced at $45.10 per share and used the extra proceeds to give out holiday bonuses, it would have worked out to more than $580,000 per employee. – Fortune’s Dan Primack

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#ThrownOutByTwitter: Upset San Franciscans Plan IPO Day Protest

November 6, 2013  |  All Things Digital  |  No Comments

Many newly minted millionaires will be tweeting all the way to the bank come Twitter’s IPO kickoff. But at least a few San Franciscans won’t be celebrating. Activist group San Francisco Rising has planned a protest to occur outside of Twitter’s Bay Area headquarters on Thursday morning, an attempt to remind the company of the “severe crisis of affordability” other non-millionaire San Francisco residents face. Twitter plans to list its shares on the New York Stock Exchange on Thursday, and could raise up to $1.75 billion in the offering. The group’s biggest beef: Twitter received a nice tax break from the city of San Francisco in 2011 , a deal that ultimately kept the fast-growing company from exiting the city and relocating to another, as it threatened to do years ago. But because of that break, the city stands to lose up to $50 million in possible taxes. That’s a massive amount of cash that, according to San Francisco Rising, could have been funneled into the city’s general fund and used to promote social services and public health initiatives. (Counterpoint: Were Twitter to have left the city, San Francisco would have seen no payroll taxes from the company whatsoever.) Not to mention the part that Twitter may play in San Francisco’s staggeringly high property rental rates. “An average one bedroom apartment here is $2,800 a month,” the group wrote on its website

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Twitter Raises Share Price Range Ahead of IPO

November 4, 2013  |  All Things Digital  |  No Comments

Twitter on Monday raised the price range for its shares in the days before its initial public offering, placing the range at $23 to $25 per share. With the new range — which was upped from its previous spread of $17 to $20 per share — the company could raise up to $1.75 billion in its public market debut.

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The NYT’s Nick Bilton Talks About His Book on IPO-Ready Twitter (Video)

November 3, 2013  |  All Things Digital  |  No Comments

I always like to indulge in a little log-rolling in your time, but this video interview I did with New York Times columnist Nick Bilton about this new book is pretty fun. “Hatching Twitter: A True Story of Money, Power, Friendship, and Betrayal” comes officially comes out on Tuesday. But it is already being reviewed and munched over by many for its many controversial stories about the founding of San Francisco-based social microblogging phenom. Including: Former CEO and co-founder Jack Dorsey fired! Former CEO and co-founder Evan Williams hired! Dorsey returns! Williams fired! Current CEO Dick Costolo hired! Costolo almost fired! Essentially, it is like a Spanish telenovela over there at Twitter, except it’s all dudes falling in and out of bromances. Bilton noted to me that it reads like a mystery novel, akin to the game Clue. As in: Board member and VC Peter Fenton in the server room with a virtual hammer! Since Twitter is going public this week — ya might have heard — Bilton’s timing could not be better. Here’s my interview with Bilton, who showed up at my house in the Castro on Halloween night. (It is an annual costume apocalypse in my neighborhood, so this guy really wants to sell that book!) Here’s the interview: [ See post to watch video ]

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