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Booting Up: Twitter’s First Earnings Report Was Meh

Hmmmm. (Photo by Bill Pugliano/Getty Images)

Hmmmm. (Photo by Bill Pugliano/Getty Images)

Twitter’s first public earnings report offered mixed results. Revenue jumped 116 percent from last year to $243 million, but recorded a net loss of $511 million. The number of new users it was signing up also slowed substantially. [Los Angeles Times]

Google confirmed that Susan Wojcicki is the new CEO of YouTube. She was previously the senior VP of ads and commerce for the search giant. [Variety]

Sony is dropping its Vaio computers unit as it shifts its focus to making TVs. [Recode]

You couldn’t stop watching that Budweiser puppy commercial on YouTube last week. It racked up more than 30 million views in a week. [AdWeek]

Kids were trolling @NYCSchools for not canceling class yesterday. [Daily Dot]

Follow Jordan Valinsky on Twitter or via RSS. jvalinsky@observer.com