Dick Costolo is out as chief executive of Twitter, and Jack Dorsey, one of the company’s co-founders, is in – at least on an interim basis.
Here’s how the news unfolded on the messaging platform on Thursday. Read more
The people behind FarmVille and Mafia Wars want to bring micropayments to the news. Read more
Amazon wants to deliver your newspaper.
The Washington Post launched a new app on Thursday, initially available exclusively on Amazon’s Fire tablets, that gives readers two daily editions – morning and evening – plus breaking news updates in between.
It is the first collaboration between the companies since the Post was bought last year by Jeff Bezos, Amazon’s chief executive. An ereader version of the paper is already available on Kindle devices. Read more
But Mr Wren’s message on Tuesday may be cold comfort to network executives who are seeing digital outlets grab more money once firmly earmarked for broadcast and cable.
“I believe that trend will continue. I don’t think TV’s dead,” Mr Wren told investors on Omnicom’s earnings call on Tuesday. He is the latest industry executive to acknowledge that the digital ad business is getting a boost from the proliferation of online content and from the valuable targeting data held by companies like Facebook. Read more
The California company backed by German publisher Axel Springer and Laurene Powell Jobs, widow of Apple co-founder Steve Jobs, is stepping up advertising and has hired Jonathan Dahl to become news editor from the Wall Street Journal. Read more
Research In Motion unveils the BlackBerry 10 today amid the greatest degree of anticipation and scrutiny in the company’s history. At events in New York, Toronto and London, the Canadian manufacturer is launching a new operating system and two smartphones.
The company and CEO Thorsten Heins are betting it will secure RIM’s future – and even its survival – in a tough marketplace where it has lost share to Apple’s iPhone and Android-based devices. Read more