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.
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.
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.