rose-as-much Archives

Twitter announces layoffs as CEO Dorsey looks to revive growth

October 13, 2015 creative 100-employees, biggest, feel-strongly, floor, our-workforce, picture-shows, rose-as-much, twitter, while-remaining, workforce

The layoffs, primarily in the company's engineering and product functions, come a week after Dorsey took over as permanent CEO. Shares of Twitter, which had about 4,100 employees globally as of June 30, rose as much as 6.7 percent to $30.68 on Tuesday. “We feel strongly that engineering will move much faster with a smaller and nimbler team, while remaining the biggest percentage of our workforce,” Dorsey said in a letter to employees

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Zynga reports higher-than-expected bookings, to cut jobs

May 6, 2015 creative devika-krishna, entrance, francisco-based, new-building, over-leadership, pincus-as-chief, rose-as-much, silicon-valley, the-entrance, wednesday

By Devika Krishna Kumar (Reuters) – “Farmville” creator Zynga Inc reported higher-than-expected bookings as titles such as “Words With Friends” attracted more gamers, and the company announced the elimination of another 364 jobs as it tries to turn around its business.

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TripAdvisor revenue up 29.2 percent on higher click-based advertising

May 6, 2015 admin 249-million, francisco-based, new-building, quarter-ended, review-website, rose-as-much, silicon-valley, year-earlier

(Reuters) – Travel review website operator TripAdvisor Inc reported a 29.2 percent rise in quarterly revenue as it earned more from click-based advertising and display ads. Shares of the company, which owns websites such as tripadvisor.com and oyster.com, rose about 5.8 percent to $81.30 in extended trading on Wednesday. Revenue from click-based advertising rose 20 percent to $249 million in the first quarter ended March 31 from a year earlier and accounted for 69 percent of total revenue, the company said

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‘Team Juncker’ ham for cameras to push EU digital market

May 6, 2015 admin 249-million, alastair, brussels, concerns, digital, europe, european, quarter-ended, really-get, rose-as-much, silicon-valley, wednesday, year-earlier

By Alastair Macdonald BRUSSELS (Reuters) – Can a bunch of graying politicians in Brussels really get with it and give Europe a revolutionary open market in digital technology? Jean-Claude Juncker and other EU executives poked fun at their own generation in an online video posted on Twitter on Wednesday to try and convince younger Europeans that they can.

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Online lender OnDeck Capital’s shares soar in debut

December 17, 2014 admin amid-heavy, berry-chief, help-it-win, lending, online-loan, rose-as-much, their-market, wednesday

By Neha Dimri (Reuters) – Shares of OnDeck Capital Inc rose as much as 40 percent in their market debut, underscoring investor appetite for startups using technology to disrupt traditional banking. The online lender’s shares touched a high of $28 amid heavy trading on Wednesday, valuing the company at about $1.85 billion. The company’s successful debut follows that of online loan marketplace LendingClub Corp, whose shares rose as much 67 percent in their debut last week.