Biz Stone News
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A month after being named San Francisco’s interim mayor, Ed Lee was ushered into a small conference room at Twitter Inc. headquarters, his first visit to a technology company. The social networking startup, which had about 400 employees and was planning to add at least 2,000 more, was considering leaving the city, its executives said.
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Twitter Inc. co-founders Biz Stone and Evan Williams said they are taking a further step back from the microblogging service and devoting their time to a company aimed at incubating new ideas.
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Twitter Inc. co-founder Biz Stone’s decision to join fellow company alumnus Evan Williams at Obvious Corp. leaves Twitter with none of its creators fully devoted to the microblogging service.
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Twitter Inc. co-founder Biz Stone said Facebook Inc. offered to buy the company in 2008 for an estimated $500 million in stock, the Financial Times reported, citing an interview with Stone. Stone said Mark Zuckerberg could offer nothing that the co-founders of Twitter wanted, according to the report.
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Campaign politics were already whipping Washington into frenzy. A split Congress shunned compromise on financial rules or fixes for the economy.
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Twitter Inc. co-founder Biz Stone is joining venture firm Spark Capital as a strategic adviser, according to a blog posting from Spark partner Bijan Sabet.
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Silicon Valley is one of the few places where a 27-year-old Web entrepreneur can parlay a photo- sharing application with no known source of revenue into $1 billion -- in two years.
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Twitter Inc., the microblogging service that lets people send 140-character messages, redesigned the site to make it faster and simpler to navigate.
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Pam Kramer, a marketing vice president at Twitter Inc., has left the microblogging service, becoming the latest executive to depart under Chief Executive Officer Dick Costolo, two people familiar with the matter said.
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Twitter Inc., the microblogging site that lets users post 140-character messages, is raising funding that values the startup at about $7 billion, said a person with knowledge of the matter.
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