Big Layoffs Hit MySpace

Sam Biddle · 11/08/13 03:32PM

First as tragedy, then as farce: a tipster close to the company tells us the undead social network canned "massive number of people from their LA office today. Entire departments." A "New MySpace" rep hasn't confirmed the number, but the firings are real.

Protesters at Twitter HQ Fight for San Franciscans #ThrownOutByTwitter

Nitasha Tiku · 11/07/13 07:45PM

Twitter's austere approach to its initial public offering was not enough to placate San Francisco's have-nots. A coalition of tenant advocates, seniors, workers, and students gathered outside the company's Mid-Market headquarters today, in the middle of Twitter's stock market debut, to draw attention to corporate tax breaks and what the group claims is Twitter's role is "displacing thousands of families, seniors, and working people in San Francisco," according to a press release.

Reminder: The Twitter IPO Won't Make You Rich

Sam Biddle · 11/07/13 09:41AM

It's Facebook Twitter IPO day! After months of SEC reviews and roadshows and profiteering, FB TWTR will finally take its place in the Nasdaq NYSE menagerie. Time to start digging up your backyard bullion stash, right? Wrong. For the average guy the Facebook IPO is strictly Like Fave, don't touch.