Tag: pierre omidyar

by Mark Glaser

This was a year of great consternation and great exuberance, marked indelibly by the revelations about wide and unregulated surveillance by the NSA, brought by Edward Snowden. And the exuberance came in a return to heady dot-com days with the Twitter IPO, an amazing “look ma, no profits!” way of raising billions of dollars from [...] more »

by Claire Groden

Though Twitter has never turned a profit in its seven years of existence, its public debut on Thursday valued the company at a whopping $31 billion dollars. Twitter’s inaugural day on the New York Stock Exchange was met with much fanfare after a week of raising its share price, reflecting high demand for the social [...] more »

by Mark Glaser

Here’s the latest 4MR audio report from MediaShift. In this week’s edition, I look at the deep layoffs that are planned at AOL, the AP and BusinessWeek. In the case of AOL, the company plans to shed one-third of its workforce, or 2,500 staffers. eBay founder Pierre Omidyar announced plans to launch a news startup [...] more »