Man Banned from Wall Street for Hyping Tech Stocks Hypes Tech Stock
Sam Biddle · 11/06/13 12:43PMTwitter Sued for $124 M. for Pumping Investor Interest Before Its IPO
Nitasha Tiku · 10/30/13 02:18PMTwo financial firms filed a lawsuit in Manhattan federal court today alleging that Twitter had them organize a private sale of its shares and then cancelled the sale—all for the purpose of ratcheting up investor interest prior to its IPO. The complaint accuses Twitter of "using the aborted sale as a way to give the money-losing company a $10 billion market valuation and higher IPO price," says Reuters.
San Francisco Could Lose $55 Million from Twitter Tax Breaks
Nitasha Tiku · 10/28/13 10:42AMIn 2011, San Francisco agreed to exempt Twitter from the city's payroll taxes on new hires in exchange for charitable contributions like, say, philanthropic retweets. The value of the tax break was estimated to be worth $22 million over six years. But according to the San Francisco Chronicle, the tax break could be worth more than $55 million after the company's IPO.
Nitasha Tiku · 10/25/13 12:50PM
Of Course You Can Buy Friends
Sam Biddle · 10/24/13 12:41PMTwitter's Unprofitable Board Gives Itself a Huge Raise
Sam Biddle · 10/24/13 12:26PMLabor Relations, the Twitter Way
Sam Biddle · 10/19/13 01:04PMLike Everyone Else, Twitter Hides from U.S. Taxes in Ireland
Sam Biddle · 10/18/13 12:08PMNitasha Tiku · 10/18/13 11:55AM
Twitter Will Cause So Much Gentrification, They Invented a New Word
Nitasha Tiku · 10/17/13 03:55PMTwitter's Biggest Money Winner Doesn't Want You To See His Picture
Sam Biddle · 10/16/13 03:22PMYesterday's amended IPO documents brought more news than continued unprofitablility: Ev Williams isn't going to be Twitter's biggest billion dollar success story anymore. That honor now belongs to Suhail Rizvi, a reclusive Hollywood insider and Wall Street financier who deletes his existence from the internet.
Twitter: Still Losing Even More Money
Sam Biddle · 10/15/13 05:38PMTwitter tossed out a little update to its pre-IPO disclosures, and the soon-to-be-public company is still far, far away from profitable.
The Deleted Web Poetry of Jack Dorsey
Sam Biddle · 10/14/13 02:38PMSoon, 36-year-old Jack Dorsey will be the chairman of a publicly traded Twitter, and worth hundreds of millions of dollars. A decade prior, before screwing his friends and changing the internet, he was JakDaemon: a moody young man in St. Louis, desperate to share his beauty with the world. Here's his archive.
Service Employees Union Protested Outside Twitter's Headquarters
Nitasha Tiku · 10/11/13 05:23PMIt's Another Emotional Lunchtime at the Twitter Palace
Sam Biddle · 10/10/13 02:45PMAl Gore Almost Ruined Twitter
Sam Biddle · 10/10/13 09:59AMThis Is Probably Not the Best Sign for Twitter's Bathrooms
Sam Biddle · 10/09/13 01:11PMJack Dorsey Screwed His Friends at Twitter
Sam Biddle · 10/09/13 09:18AMSarah Lacy: Twitter's Board Problem Is "Manufactured Feminist Outrage"
Sam Biddle · 10/08/13 08:13PMThe best publicist in Silicon Valley has been quiet lately, and it's not because she's busy writing conflict disclosures. Rather, PandoDaily editor Sarah Lacy's taken time to come out on the wrong side of history and pen a self-described "rant" against "the mob" saying Twitter should have one single woman on its board.