Tag Archives: twtr

EMC, General Electric, Wells Fargo Near Big Deals

Dell will offer EMC (EMC) more than $30 a share, including tracking stock in VMware (VMW), about 80% owned by EMC, according to several reports. Meanwhile, General Electric (GE) is near a deal to sell $30 billion in loans to Wells Fargo (WFC), as GE racing ahead with efforts to cut $200 billion in GE Capital assets. Finally, Twitter (TWTR) reportedly is mulling layoffs as the first big order of business for CEO Jack Dorsey. Dell To EMC: Cash, Plus

New Twitter Service Tracks Newbies, Looks To Monetize

Twitter (TWTR) has rolled out a new service called Moments that’s designed to make the microblog more appealing to casual users and those who might not have Twitter accounts. The microblogging service estimates it has as many as 500 million so-called logged-off users — people who come to the site to view content but aren’t registered, making them trickier for advertisers to target effectively. Moments — the Twitter creation formerly known as

Instagram Turns 5: How Good Of A Buy For Facebook?

It’s time to light the candles and choose a filter: Today is Instagram’s fifth birthday. The Facebook (FB)-owned photo-sharing app boasts over 400 million users — more than Twitter (TWTR). So did Facebook make a good move with its $1 billion buyout of Instagram back in 2012? The platform’s revenue is basically just a drop in the bucket for Facebook for now, but eMarketer predicts that its revenue could more than double to reach about $1.5 billion