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November 7, 2013, 8:15 AM
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@twitter:
We just priced our IPO. pic.twitter.com/NWXaO4Myq0
Yoree Koh / Wall Street Journal:
The Architect Behind Twitter's IPO … The architect of Twitter Inc.'s initial public offering is a 42-year-old finance whiz with a knack for finding calm amid chaos.  —  For four months, Twitter Chief Financial Officer Mike Gupta steered the social-media company through the IPO process …
Tweets: @wsj and @yoreekoh
Peter Eavis / DealBook:
Twitter's Market Valuation Suggests Wall St. Sees Huge Growth Potential  —  Twitter is a young company generating large losses as it competes in a highly uncertain sector of the economy.  —  And that is exactly why investors clamored for a piece of its initial public offering, which closed on Wednesday evening.
Bloomberg:
Twitter raises $1.82 billion at a valuation of $18.1 billion, pricier value than Facebook  —  Twitter Raises $1.82 Billion, Pricier Value Than Facebook  —  Twitter Inc. (TWTR) raised $1.82 billion in its initial public offering, seizing on surging investor demand to price at a more expensive valuation than rival Facebook Inc. (FB)
More: BBC
Frederic Lardinois / TechCrunch:
Microsoft Updates Office 365, Brings Real-Time Collaboration To Free Office Web Apps, Adds Yammer To All Enterprise Versions  —  It's been six months since Microsoft launched Office 365, its subscription-based version of Office for businesses and consumers.  Over 2 million consumers now subscribe …
Douglas MacMillan / Digits:
Square Exploring 2014 IPO With Banks  —  Technology entrepreneur Jack Dorsey is trying to pull off two high-profile initial public offerings in the span of one year.  —  Square Inc., the payments startup with a square credit-card reader that plugs into Apple and Android-based mobile devices …
Ellis Hamburger / The Verge:
Minting Cash: how Square designed a product with no design at all  —  Is the best interface no interface?  —  Robert Andersen was feeling flustered.  Square founder Jack Dorsey had asked him to design a product that was so simple, it wouldn't even have an interface.  “Square Cash” would let people send money over email.
Matthew Panzarino / TechCrunch:
Google Says Its Mystery Barges May Be Used As Interactive Space Where People Can Learn About Its Technology  —  Google has issued a statement (finally?) about its months-long mystery barge project.  The barges, which are anchored in both Portland, Maine and San Francisco …
Justin Bachman / Businessweek:
Blockbuster's Death Scene Won't End the Video Rental Store  —  The long-foretold death of the video rental shop—all but sealed Wednesday with news that Blockbuster will shut its last 300 stores in the U.S.—can be read as a wistful moment for retail nostalgics or a proud triumph of digital simplicity.
DISH Network:
Blockbuster to End Domestic Retail, DVD By Mail Services
Brian Heater / Engadget:
Amazon Kindle HDX 8.9 review: a high-end tablet at a mid-range price  —  It's worth noting just how far Amazon has come since the early days of the Fire line.  With the first generation, it was tough to see the tablet as anything more than a content-delivery device designed to keep users locked into the Kindle ecosystem.
Emil Protalinski / The Next Web:
Microsoft and Facebook sponsor Internet Bug Bounty program, offer cash for hacking the Internet stack  —  Microsoft and Facebook today jointly launched a new initiative called the Internet Bug Bounty program.  In short, the two companies are looking to secure the Internet stack by rewarding anyone …
Aaron Souppouris / The Verge:
Samsung admits its software needs improving, commits half of R&D workforce  —  Samsung is just like the Red Sox  —  Samsung today admitted it needs to work on software, an area it's “not as good” at as hardware.  Samsung Vice Chairman & CEO Kwon Oh-hyun compares the company's software efforts …
James Kanter / NYT Bits:
Details Emerge of Potential Google Monitor in Europe  —  Wanted: A Google watchdog in Europe.  —  A 96-page description of the potential job emerged on Wednesday, giving a window into what Google faces if it signs the latest settlement offer from the European Commission and ends the long-running antitrust case against the company.
Jay Yarow / Business Insider:
Microsoft Is Making An Astonishing $2 Billion Per Year From Android Patent Royalties  —  Microsoft is generating $2 billion per year in revenue from Android patent royalties, says Nomura analyst Rick Sherlund in a new note on the company.  —  He estimates that the Android revenue has a 95% margin, so it's pretty much all profit.
Joe Mullin / Ars Technica:
Prominent VCs join the fight in Congress to stop patent trolls  —  VCs say it's harder for startups to survive with patent trolls waiting in the wings to make a quick buck.  —  startuppg  —  The first comprehensive anti-patent-troll bill was introduced in Congress last week, with bipartisan support.
More: bizjournals and TheHill.  Tweets: @joemullin

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This is a Techmeme archive page. It shows how the site appeared at 8:15 AM ET, November 7, 2013.

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From Mediagazer

Kristen Hare / Poynter:
In its first open call for funding, Press Forward announces support, over two years, of $100,000 each for 100+ newsrooms focused on underserved audiences

Tariq Panja / New York Times:
Sources: FIFA is close to giving Apple the global rights for its 2025 World Cup-style soccer competition in the US, likely for ~25% of FIFA's first $4B estimate

Ian Youngs / BBC:
Huw Edwards, the BBC news anchor who has been off air since July 2023 after reports that he paid a young person for explicit images, resigns on “medical advice”

More News

Frederic Lardinois / TechCrunch:
YouTube Starts Rolling Out Its New Commenting System Based On Google+

Earlier Picks

Andy Greenberg / Forbes:
‘Silk Road 2.0’ Launches, Promising A Resurrected Black Market For The Dark Web
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