Facebook Inc (FB), LinkedIn Corp (LNKD): Twitter Preps For IPO (Insider Monkey)
Facebook Inc (NASDAQ:FB) was the most anticipated IPO in years, perhaps ever. Yet, a series of mishaps both on behalf of the company and the NASDAQ led to it being one of the disappointing IPOs in recent memory. Meanwhile, LinkedIn Corp (NYSE:LNKD), Facebook’s competitor, has produced one of the most successful post-IPO campaigns that we’ve seen. With that said, which of the two is Twitter most likely to follow?
Iran restores Twitter and Facebook filters after ‘technical glitch’ (The Guardian)
Iranian authorities have restored blocks on Facebook Inc (NASDAQ:FB) and Twitter after a “technical glitch” briefly removed filters from the social networks overnight. The semi-official Mehr news agency quoted Abdolsamad Khoramabadi, from the board overseeing the internet in Iran, as saying the removal of the blocks was a technical failure that was quickly rectified.
Facebook recovery swells founder Mark Zuckerberg’s fortune by £6bn (Telegraph)
Facebook Inc (NASDAQ:FB)’s recovery since last year’s disappointing flotation has added $9.6bn (£6bn) to founder Mark Zuckerberg‘s fortune, putting him back into the top 20 in Forbes’ annual rankings of America’s 400 richest people. The 2013 Forbes 400, published today, puts Zuckerberg’s wealth at $19bn, up from $9.4bn last year, when the tech entrepreneur slipped to number 36.
LinkedIn open sources stream-processing engine Samza, its take on Storm (Gigaom)
LinkedIn Corp (NYSE:LNKD) has open sourced a technology called Samza, which the company uses to process data in real time. It sounds an awful lot like Storm — the de facto stream-processing technology for web properties that has a home inside Twitter — only Samza is built on top of Hadoop and utilizes LinkedIn Corp (NYSE:LNKD)’s homemade Kafka messaging system.
Zaarly vs. Yelp: When Does Your Company Bang Its Gong? (LinkedIn)
Zaarly and Yelp Inc (NYSE:YELP) are in roughly the same business – connecting consumers to the services and products in their vicinity. They also share a key cultural practice. They both bang gongs to celebrate wins. What is telling, however, is the occasion for which the gong is struck. At Yelp it is hit to celebrate when then have closed an advertising deal. At Zaarly it is when they learn that one of their sellers has been able to quit their day job and focus on what they love because of the business generated by Zaarly.