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Twitter Chief: Being A CEO Is 'Psychologically Damaging'
It's great to be the boss, right?Wrong. Twitter CEO Dick Costolo says the job is "psychologically damaging."Costolo made the comment in an on-stage interview at Fast Company's Innovation Uncensored...
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CHART OF THE DAY: Pay TV May Not Be Dead, But It's Dead In The Water
Some people think the pay TV business is on its deathbed. These numbers from Bernstein Research’s Craig Moffett, via Peter Kafka, don't hurt that argument.As you can see, subscriber growth has been...
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Why Tumblr Won't Tumble Like MySpace
Tumblr just hit a big milestone: 20 billion monthly pageviews. That's impressive for the blogging site, run by youthful CEO David Karp.But if you're familiar with older Web communities like GeoCities...
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Newsrooms Are On The Way Out And There Will Be A Lot of Unemployed...
Social publishing tools and mobile devices will slowly but surely make newsrooms irrelevant, says Jonathan Glick, founder of content-based social network Sulia.Watch Glick chat with Business...
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GROUPON WHIFFS: Stock Tanks To New All-Time Low After Hours (GRPN)
Groupon shares crashed another 16% after earnings, to a new all-time low of $3.25 a share.Why?Because the company blew another quarter.Revenue of $569 million came in below expectations of $590...
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Priceline's Buying Kayak For $40 A Share
Big news in the Internet travel sector...Priceline's buying Kayak for $40 a share.Here's the release:NORWALK, Conn., Nov. 8, 2012 /PRNewswire/ -- Priceline.com Incorporated (PCLN) announced today that...
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New York's Tech Superstars Tell Us Their Predictions For 2013
Big exits in New York? Content curation? Explosion in B-to-B startups?What will be the big news in the tech industry in 2013?We recently held our annual SAI 100 party, honoring the top people in New...
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AT&T To Discount All Tablets (Including iPads!) $100 With Two-Year Data Plan...
AT&T announced today it will knock $100 off tablets if you buy one with a two-year data plan agreement. And yes, that includes iPads.The offer starts November 9.You can either add the tablet to...
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Here Are The Smart Groupon Insiders Who Dumped The Stock Before It Collapsed
Groupon just blew another quarter, and its stock has tanked to an all-time low of $3.25 a share in after-market trading.That's a staggering 85% below last year's IPO price of $20.It's also 60% below...
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Steve Case's Next Act: Get The Scoop At IGNITION
What's the best second act to leading what was arguably the world's most valuable Internet company?Let's look at what Steve Case is doing.The AOL co-founder oversaw the company's 1992 IPO and led AOL...
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The Groupon Nightmare Begins: 648 Jobs Cut Prior To Revenue Miss (GRPN)
Revenue growth has stopped at Groupon. And, for a second straight quarter, billings from merchants declined.The company is only profitable because it swung an ax at its marketing costs in Q3 2012 —...
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Larry Ellison Has Not Yet Spoken To The People Who Live On His Personal...
It's been more than four months since Larry Ellison bought most of the Hawaiian island of Lanai, and residents say they still have qualms about the guy.They're nervous because the billionaire CEO of...
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Mark Pincus Does Not Care If You Think Zynga Copied Scrabble And Other Games...
Zynga CEO Mark Pincus defended his company's creativity today.In an interview with Fast Company editor Bob Safian at the Innovation Uncensored conference in San Francisco, Pincus said Zynga didn't...
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After Winning Its Lawsuit With Oracle, HP Creates New Itanium Servers (HPQ)
SAN FRANCISCO (Reuters) - Intel and Hewlett-Packard Co unveiled new server technology based on the high-end niche Itanium processors at the center of a recent dispute between Hewlett-Packard and Oracle...
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Facebook COO Sheryl Sandberg Sells Another $3.75 Million In Stock (FB)
Sheryl Sandberg, Facebook's COO, has sold a second batch of Facebook shares, Reuters reports.On Tuesday, she sold about 176,000 shares, worth about $3.75 million.Last week she sold about twice as many,...
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Facebook Has Dropped Below $20 Again (FB)
Facebook shares closed below $20 today.The first time it crossed this threshold—nearly half the price at which it debuted on the stock market—was in August.The stock rallied after CEO Mark Zuckerberg...
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How Design Bloggers Are Taking On Pinterest And Tumblr
The young, social-media crowd wants to take in design and decorating inspiration almost exclusively in one way: through photos.As magazines once saw readers head to the internet, now design bloggers...
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Facebook Wants To Create Powerful Computers That Cleanly Melt Away (FB)
Data centers have a nasty reputation for pollution. Now Facebook has launched a contest to solve one of the computing world's biggest ecological problems.It wants to make computers out of...
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How To Manage Your Friends On Facebook
Sometimes do you want to just send an update to a specific group of people?Perhaps, instead of browsing through your news feed you would like to jump to only the updates from your closest friends or...
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Kevin Ryan Out As Gilt Groupe CEO
The CEO and co-founder of flash sales site Gilt Groupe, Kevin Ryan, is stepping down, and the company is looking for a replacement, Spencer Ante and Dana Mattioli at the Wall Street Journal...
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