Can Jack Dorsey effectively run Square and Twitter? A growing number of supporters apparently think so, and are pushing Dorsey to assume permanent CEO status at the social giant he helped create. “Some Twitter investors and Square investors are now publicly proclaiming that Mr. Dorsey is the right man for the job — both of them,” The New York Times reports. “He will not be distracted by running two tech companies at the same time and can juggle the work, they said.”
Microsoft is finally planning to open its first flagship retail store in New York City on October 26. “The New York City store is opening a few weeks after Microsoft is expected to unveil its new line of Microsoft-branded Windows 10 devices, including new Surface Pros, two new premium Lumia Phones and an updated Microsoft Band fitness band,” ZDNet notes.
Thumbtack, which specializes in marketing and professional job listings, just raised $125 million at a valuation of about $1.3 billion. “The investment catapults the six-year-old start-up into the ranks of the unicorns,” The New York Times writes. Just last year, “Thumbtack was valued at around $750 million last year.”
Over the next five years, Politico reportedly plans to employ more political and policy journalists in Washington, Europe and across U.S. state capitals than any of its rivals. “Our dream is a Politico journalistic presence in every capital of every state and country of consequence by 2020,” co-founders Jim VandeHei and John Harris write in an internal memo obtained by Huffington Post.
India has had a flourishing technology sector for years, but, according to The New York Times, the country has officially surpassed China as the U.S. tech industry’s “next big frontier.” As The Times notes, much of the credit goes to India’s prime minister Narendra Modi, and his welcoming policies for U.S. tech companies, and their leadership.
Bloomberg Businessweek investigates the murky world of click fraud, which will cost the industry an estimated $6 billion, this year. As some unsuspecting advertisers learned last year: “Only 20% of the campaign’s ‘ad impressions’ … were even seen by actual people.” As one of these marketers put it: “You’re just paying for the ad to be served, and there’s no guarantee who will see it, or whether a human will see it at all.”
French data regulators -- The Commission Nationale de l’Informatique et des Libertés (CNIL), to be exact -- have rejected Google’s appeal against the global enforcement of “right to be forgotten” (RTBF) removals. In May, the CNIL ordered the search giant to apply RTBF removals not only to the company’s European domains such as google.co.uk or google.fr, but to the search engine’s global domain google.com.
At the end of the year, Conde Nast CEO Chuck Townsend says he plans to pass the torch Bob Sauerberg. “Sauerberg, who has been president of the publishing company for the past five years, succeeds Townsend, who will become chairman at the company,” Politico reports. “S.I. Newhouse Jr. will become chairman emeritus.”
Journalism.co.uk details a new report by the Centre of Community Journalism and innovation charity Nesta that examines the state of hyper-local media. “An analysis of the content produced by local and hyperlocal media showed that some of the news and topics covered by the two overlap, such as politics, sports and business,” it writes. The research was commissioned by Cardiff University's Centre of Community Journalism and Nesta.
Twitter is testing new notifications that show users their most popular tweets -- as well as mentions from prominent users -- in the Notifications tab. “The trial displays tweets that have received the most views in your notifications tab,” The Next Web repots. “There is also a new button that reveals detailed analytics like the number of impressions and engagement counts.”