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Meta
Tag Archives: Twitter
ANOTHER WEEK OF MASS LAYOFFS AND RESIGNATIONS
Rumors were announced that Amazon may lay off up to 10,000 corporate employees or 3% of its staff after already having a hiring freeze. Amazon CEO Andy Jassy wrote in a memo that these layoffs are expected to extend into … Continue reading
SLATE OF LAYOFFS AND HIRING FREEZES HIT THE TECH SECTOR
A number of major tech firms began large-scale layoffs this past week amidst a tightening economic environment. Ridesharing company Lyft announced it would let go of 13% of its corporate employees, citing economic conditions and expectations of increased insurance costs. … Continue reading
ELON MUSK COMPLETES $44 BILLION TAKEOVER OF TWITTER
Shortly after completing the months-long acquisition of Twitter, Elon fired CEO Parag Agrawal, and CFO Ned Segal. Twitters’s top legal and policy executive, Vijaya, and Sean Edgett, twitter’s legal counsel were fired as well. Twitter’s final trading price was $53.70, … Continue reading
ELON MUSK PROPOSES TO BUY TWITTER AT ITS ORIGINAL PRICE
Elon Musk revived his bid to acquire Twitter at its agreed price of $54.20 per share on Monday. This comes after Twitter sued Musk in July for his attempt to reverse his original bid in April. Kathaleen McCormick, the Delaware … Continue reading
Big Tech Releases Earnings
Google, Amazon, Facebook, Apple and Twitter announced their earnings this week with the first three experiencing revenue growth, with only Google seeing an increase in stock price at the end of the week. Google had better-than-expected digital ad spending, Amazon … Continue reading
Posted in Uncategorized
Tagged Amazon, Apple, Earnings, Facebook, Google, Technology, Twitter
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JPMORGAN’S “VOLFEFE” INDEX
The bond market roared higher last month, sending yields down notably after President Donald Trump pledged to impose tariffs on all remaining Chinese imports, all the while ranting on Twitter. So what are his tweets really doing for U.S. rates … Continue reading
Twitter Co-Founder Sells Shares for the First Time
According to a Securities and Exchange Commission Filing late last Wednesday, Twitter’s co-founder and biggest individual shareholder, Evan Williams, sold 719,000 shares this past week at prices fluctuating from $39.83 to $40.00 a share. This equated to a total sale … Continue reading
Square Looks Towards IPO as Tech Continues To Bubble
Jack Dorsey, one of Twitter’s cofounders, is talking to bankers about something new. His company Square Inc, a payment start-up company with square credit card readers that connect to Android and Apple phones, has been talking to Goldman Sachs and … Continue reading
Twitter Inc. Stock Soar With IPO Launch
Twitter Inc. shares launched on the New York Stock Exchange on Tuesday, October 5th. There were no troubles with the initial launch, unlike Facebook’s IPO last year on the NASDAQ. This was the second biggest United States listed offering ever … Continue reading
Posted in Uncategorized
Tagged Goldman Sachs, IPO, J.P. Morgan, Morgan Stanley, NYSE, Twitter, TWTR, what does twitter do?
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Twitter on Its Path to Go Public
On Thursday, September 12th, Twitter announced its filing of confidential papers with the Securities and Exchange Commission to begin the IPO process, taking many industry watchers by surprise. It is not yet clear how Twitter will price its stock at … Continue reading
Posted in Uncategorized
Tagged debut, IPO, Securities and Exchange Commission, Twitter
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