Tag Archives | Kara Swisher

A Ship Full of Former Captains

Twitter added its first woman director, former publishing exec Marjorie Scardino, last year. Other directors include three of its former CEOs (co-founders Jack Dorsey and Evan Williams, as well as Costolo), a VC (Benchmark’s Peter Fenton) and several experienced operating execs (Peter Currie, Peter Chernin and David Rosenblatt).

Kara Swisher writing for Re/code.

Why Twitter can’t get anything done? Its board of directors has three of former Twitter CEOs.

I’m sure they don’t have any conflicts.

Twitter Has Held Talks to Acquire Flipboard

Twitter has been engaged in an ongoing series of talks to acquire Flipboard, according to multiple sources with knowledge of the situation, in an all-stock deal that would value the company at over $1 billion.

Those discussions, which have been pushed by Twitter CFO Anthony Noto, have been taking place since the beginning of the year, said sources, as the social communications giant has faced increasing pressure from Wall Street to grow its audience and innovate its products. But despite a flurry of activity more recently, sources said these talks between Twitter and Flipboard — who are partners on a number of different fronts — seem to be currently stalled.

Kara Swisher, writing for Recode

File this under watch Twitter flop aimlessly as it tries to figure out how to make money.

 

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