• Twitter's Chairman Sees Poor UI As "Opportunity"
    Omid Kordestani, Twitter’s recently named executive chairman, admits that the service has confused even him. “I did find [Twitter] challenging to use at times and intimidating to use,” he tells The Wall Street Journal. Rather than a problem, Kordestani calls the user interface issues, “a huge opportunity,” and says he has complete in confidence in Jack Dorsey, Twitter’s second-time CEO, to capitalize on that opportunity.   
  • Dorsey Gives A Third Of Twitter Stock To Employees
    Jack Dorsey is giving a third of his Twitter stock to other employees of the social giant. “The shares amount to 1 percent of the San Francisco-based company, worth about $200 million,” according to Bloomberg Businessweek. In a tweet, Twitter’s co-founder and second-time CEO said the point is to “reinvest directly in our people.”  
  • Facebook's New News App Named Notify
    Reports first surfaced this summer that Facebook was developing a standalone news app. Now, along with sharing a screenshot of the app, sources tell The Awl that it will be named Notify. Writes The Awl:A successful Notify app … which would let users select publications or people or, in their language, ‘stations’ and ‘substations’ to follow, would represent the creation of another sort of space: one that was previously inhabited only by Facebook’s own notifications, but which exists within Apple and Google’s notification interfaces.”  
  • Snapchat Shuttering Snap Channel
    Snapchat is shutting down its Snap Channel permanently and parting ways with a number of positions, including Marcus Wiley, head of program planning and development. “Snap Channel had marked Snapchat’s foray into self-generated original content,” Deadline writes, while describing the news as a “course correction.”  
  • Inside The Mind Of Facebook's Messaging Head
    Wired spends some time with David Marcus, the former PapPal president who joined Facebook last year to run its messaging division. “For Marcus, the goal is nothing less than changing human behavior,” Wired writes. Says Marcus: “The messaging era is definitely now.”  
  • AngelList Gets $400M From Chinese PE Firm
    One of the largest private-equity firms in China is pumping $400 million into crowdfunding platform AngelList. “That might not sound like a lot for a venture-capital firm, but it is the largest single pool of funds devoted to early-stage startups – ever,” The Wall Street Journal reports. “When it comes to investing in early stage companies, $400 million gets you into a lot of them.”  
  • Facebook Does Satellite Deal To Reach African Regions
    Facebook has enlisted the help of French satellite operator Eutelsat to have free Internet beamed to some of the more remote regions of Africa. “Through Facebook’s internet.org initiative, the company offers access to a number of services including weather, news, health and Facebook itself, for free,” The Telegraph notes.  
  • Twitter Scraps San Fran Expansion
    Amid a major hiring slowdown, Twitter has scrapped plans to take over about 100,000 square feet of hot Bay Area office space, sources tell the San Francisco Business Times. “The deal breakdown comes as Twitter’s growth slows and its share price lags,” the business journal writes. “Meanwhile, the company recently signed a big deal to expand in Dublin, Ireland.”  
  • Tinder Rolls Out 'Super Like' Button
    As was widely expected, Tinder is giving the world a “Super Like” so they can tell complete strangers how much they super like them. “A user can deploy the ‘Super Like’ on one potential match per day with a single swipe up,” The Next Web reports. “When that user comes up in that potential match’s feed, their picture will display a special badge to indicate that the person has used his or her Super Like.”  
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