Let’s All Gawk at the Glorious Awkwardness of Twitter’s Founders at the IPO

The gang! (Photo by Andrew Burton/Getty Images)

Today Twitter, all primped and polished, made its debut on the New York Stock Exchange. The company was welcomed with open arms, the stock promptly popping from the initial price of $26 to $45.10. And, of course, there was a small army of photographers ready to capture every moment.

Behold, scenes from the morning–with a little color commentary from Betabeat.

Here’s Jack Dorsey, presumably counting down the moments until he can buy every piece of train memorabilia anyone’s ever even thought about putting up for sale: Read More

shameless rumormongering

Rumor Roundup: Someone Spotted a Winklevoss on Tinder and Ugh, Look at (Not!) Dick Costolo’s Pants

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Tinder on. Hey ladies, is dating a Winklevoss on your tech bachelor power list? Well, fire up the Tinder because one half of the Winklevii has been spotted sleuthing the app for some hotties. A screenshot of Cameron‘s profile has been floating around Twitter, meaning he’s single and ready to mingle.

Since we can’t see past the initial picture, we’re guessing some interests pulled from his Facebook profile include rowing, bitter indignation and suits from Brooks Brothers. Read More


Booting Up: Netflix Creeps on Pirate Websites to See Which Shows It’s Going to Buy

Mr. Costolo (Photo:

Netflix trawls piracy websites to see which television and movies it should purchase. Did you know people in the Netherlands still watch Prison Break? Neat. [TorrentFreak]

Dick Costolo’s $25,000 investment in Twitter will rake him in $10 million.[Business Insider]

Evan Williams laid out his great plan for Medium but it’s probably just another thing that’s going to be stuck in our Instapaper queue if we’re being honest here. [TechCrunch]

Rdio, a.k.a. “hipster Spotify,” has struck a deal with Cumulus Media to sell ads. [New York Times]

If words are too hard, Rotten Tomatoes is implementing its rating algorithm on TV shows. [Variety]


This Is Not a Drill: The Twitter IPO Is Happening

$$$$$$$$$ (Photo by Kevork Djansezian/Getty Images)

Unpack the sirens and start firing up the hype machine, because Twitter just confirmed that yes, the company is planning to go public, and today the mad dash for the stock exchange begins.

Quick, everyone place your bets on how long it’ll take before we see Jim Cramer take a break from yammering about Snapchat to ham-fistedly explain Weird Twitter. Better buy your hand-sewn designer blue jeans now, before @jack makes bank and buys ‘em all.

The company announced the news in the form of a cheeky tweet:  Read More

shameless rumormongering

Rumor Roundup: An Uber Blunder, Tickets to Dick Costolo’s Gun Show, and David Karp Is Having the Best Week Ever

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The Gun Show This week, Twitter launched a shiny new client-friendly

Music Class Are you excited for the new Daft Punk album? Well, we’ll tell you who’s really excited, and that’s Square CEO Jack Dorsey and VC Fred Wilson. “The new Daft Punk album is a knockout. Pure joy,” Mr. Dorsey said in a micro-review of the album on Twitter. Mr. Wilson responded: “yup. I’ve had it in heavy rotation all week. It was even on in the coffeeshop today.” Just an FYI in case, for some reason, you get stuck in a car with both of them sometime this summer. Read More


Booting Up: Dick Costolo Resigns as Director of Twitter U.K.

Mr. Costolo (Photo:

Last week, Twitter CEO Dick Costolo reportedly quit as director of the company’s U.K. arm. The news comes just days after government regulators forced TweetDeck to dissolve following accounting issues. [Sky News]

Bloomberg is apologizing to its clients after allegations that reporters snooped on client terminals to see their Seamless orders or whatever. [CNN Money]

JackThreads’ recent push into international waters, like Australia and the U.K., is doing well for the company’s bottom line as sales overseas now make up 10 percent of its business. [AllThingsD]

Facebook Home is missing features that Android users love (widgets, docks, oh my!) because all of the developers use iPhones. The lack of “droidfooding” is causing them to scramble to add those features to turn around Home’s slow downloads. [TechCrunch]

Here’s a groovy map that shows you where in the world Wikipedia is being edited right now. [Ars Technica]

Elon Musk and David Sacks have left Mark Zuckerberg’s political action group over growing concerns over the support of certain politicians. [AllThingsD]

XX in Tech

Last Night’s Girls Who Code Gala Proves Beyonce’s Thesis: Who Runs the World? Girls!

9 Photos

Reshma Saujani

There are precious few tech events for which Betabeat would agree to wear high heels. But if there was ever a worthy cause, it’s Girls Who Code. Thus between subway transfers, we swapped out our beat-up boots for patent leather and teetered our way around the cobblestone patches outside the New York Stock Exchange for the organization’s startup-studded gala.

The cause for celebration was two-fold. The first was showing off demos from its inaugural class of 20 girls, who represented all five boroughs and some disarmingly ambitious ideas. (We’re still scratching our head at Cora Frederick‘s plan to use data mining and machine learning to classify tumors.) The second was to announce an audacious new goal: to train one million girls in computer science by 2020, starting with a national expansion outside New York City next year.

The nonprofit organization, founded by former deputy public advocate Reshma Saujani and run by former Jumo managing director Kristen Titus, offers teenage girls an eight-week, full-time education in robotics, web design, and mobile development, with mentorship from engineers and executives at Twitter, Google, ZocDoc, Gilt Groupe, and more. In fact, Ms. Saujani noted last night, CEO Dick Costolo volunteered Twitter’s first philanthropic donation to Girls Who Code, although she politely declined to specify the dollar amount. Read More

Hip to Be Square

Tuesdays with Twitter: Jack Dorsey Justifies His Job Schedule

(Original Photo: Wikipedia)

In a recent New York Times profile of Twitter CEO Dick Costolo, a rather interesting piece of information surfaced about Twitter and Square cofounder Jack Dorsey. The Times wrote that Mr. Dorsey’s role at Twitter was diminished “after employees complained that he was difficult to work with and repeatedly changed his mind about product directions.”

Understandably, the office gossip led to some confusion over his current role. To clear up any misunderstanding, Mr. Dorsey took to his Tumblr today to defend his work schedule, proclaiming that he’s had a backseat role at Twitter (he’s currently a chairman) since January: Read More


Booting Up: ‘Difficult’ Jack Dorsey Edition

Oh goodie, it's Monday. (Photo: Cat Food Breath)

Microsoft “accidentally” sent a DMCA takedown notice to Google, asking them to remove pages from TechCrunch, the BBC, Wikipedia and the U.S. Government. Psst… no one cares that much about Windows 8. [TorrentFreak]

Companies are using patents to stifle innovation and the Times is ON IT. [New York Times]

Is EBay staging a pivot? [TechCrunch]

Whoa, you can raise money for a company without Kickstarter? Mind blown. [TechCrunch]

Jack Dorsey apparently got pushed to a backseat role at Twitter because he’s “difficult” to work with. [SiliconBeat]

Speaking of Twitter, who knew CEO Dick Costolo used to be a standup comedian? [New York Times]