Low stock price combined with stock structure makes it an easy target
Things haven’t been good for Twitter lately. Ever since CEO Jack Dorsey announced a few weeks ago that the company is thinking about raising its 140-character limit to 10,000 characters per post, the stock has nosedived—continuing a downward trend that has lasted since April of 2015. Just a few days ago, Twitter shares hit $15.48, their lowest ever. The share price has dropped so low that Dorsey is no longer a billionaire.
The Chinese microblogging service is raising its posting limit to 2,000 characters
China’s Twitter, Weibo, has beat the original to the punch in raising its 140-character posting limit, reports the Wall Street Journal. The news of the new limit, which is 2,000 characters, first started making the rounds on Weibo after the company sent out a letter to developers announcing the increase. The announcement of Weibo’s impending character limit increase comes just weeks after Twitter CEO Jack Dorsey announced that Twitter may be expanding its 140-character limit to 10,000 characters per post.
Sorry, Pluto.
Good news, everyone: Our solar system likely has nine planets again, so there’s no reason to forget that number you learned in grade school. The bad news is is that the ninth planet still isn’t Pluto. Instead it’s an entirely new planet, according to a team of astronomers from Caltech who found evidence of its existence and are calling it Planet Nine.
Facebook COO Sheryl Sandberg said “counter-speech” is best way to combat terrorist propaganda.
On the same day that a Google’s exec proposed locking ISIS out of the open web, Facebook COO Sheryl Sandberg spoke about using Facebook to combat the group’s terrorist propaganda, reports The Guardian.
The retail behemoth’s decision to close 269 stores may be just the kind of disruption it needs to stay ahead—or a sign that it’s too late.
Mary Becker, the mayor of Juneau, Alaska, got a phone call early Friday morning with news she later called “devastating.” The lone Walmart Supercenter in Juneau—opened with fanfare and celebration in 2007 as the first Supercenter in Alaska—would be closed permanently, in just 21 days.
The Facebook Sports Stadium delivers game-related content to fans in real time, by collecting relevant posts from friends and experts.
When it comes to the chatter that surrounds televised events—be it presidential debates, awards shows, or the Super Bowl—Twitter reigns supreme, in large part due to its fast-moving, reverse chronological timeline. Despite boasting a user base that is nearly five times as big, Facebook still lags behind Twitter on this front: The ranking of posts in Facebook’s news feed, determined largely by the company’s algorithm, does not allow users to easily track real-time updates.
The fast food chain is tweaking the formula for its hamburgers and chicken sandwiches in more than 2,000 locations at once. Easy job.
When you walk into Jack in the Box’s corporate headquarters, two anonymous mid-rise buildings in a San Diego office park, the first thing you see is the branding. Jack, the fast food chain’s mascot and imaginary CEO, is everywhere. Jack has a parking spot outside the building. Jack appears on the wall decorations. Jack appears on signs for every room and office. Jack randomly pops up in the hallways. Jack owns the place.
Maven, the new umbrella brand for General Motors’s car-sharing efforts, points to a future in which car ownership is no longer the norm.
It’s official: Transportation is changing forever. This may sound like a no-brainer if you follow the tech industry, but it’s not just highly valued ride-sharing startups and search giants who are singing that tune. It’s old-school Detroit, too.
More than 1,000 Google employees are playing whack-a-mole with crummy and dangerous ads.
It’s no wonder that use of ad blockers is taking off, given that online ads are often annoying at best and illegal and dangerous at worst. Google today put some big numbers behind the bad-ad epidemic by reporting that, in the past year, it blocked more than 780 million of the very worst from getting through its ad network. Among the offenders: malware, links to data-stealing phishing sites, and those ads on mobile web browsers and apps that are almost impossible to not click on.
Airbnb argues that cities are missing out by not working with the startup to collect hotel, tourist, and occupancy taxes.
Airbnb wants U.S. mayors to know that their cities could profit from the home-rental business.
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