Ceo, Social Networking | featured news

Don't expect a initial public offering of shares of Twitter anytime soon. CNN is reporting that the company has placed restrictions on employees who hold shares, forcing them to keep 80 percent of the shares they own. The cable news outlet cited company emails about the policy, which has been in effect for a year, and said at least one high-level employee resigned because of the policy....

You heard right. Eighteen months from now Thierry Breton, CEO of Atos—one of the largest information technology companies in the world, plans to have eliminated email as a communication and collaboration medium within his company. “If people want to talk to me, call or send me a text message,” said Breton. “Emails cannot replace the spoken word.”

Twitter CEO Dick Costolo says his company is now seeing almost 250 million tweets every day, up from 100 million at the beginning of 2011. That’s a billion tweets every four or five days. Costolo made the comments in an on-stage interview with John Battelle at the Web 2.0 Summit in San Francisco on Monday night.

After nearly four months, Google+ now has 40 million users, says Google CEO Larry Page.

Google said it will discontinue several products, as the Internet giant narrows its focus and doubles down on new efforts, including its Google+ social networking service, under CEO Larry Page.

Speaking to reporters on Thursday, Facebook’s CEO Mark Zuckerberg said that the social network has plans to “launch something awesome” next week. There’s no official word on what will be announced, but we suspect it’s going to be the new iPhone photo-sharing service that we saw just last week.

Facebook Inc founder Mark Zuckerberg on Thursday said an alleged contract and emails that a New York man says entitle him to a huge stake in the social networking website are "forgeries."

Social gaming company RockYou has named Chief Operating Officer Lisa Marino as its new CEO. as the company seeks to get on track after a rocky transition from other businesses.

Twitter co-founder and former CEO Jack Dorsey said he is returning to the fast-growing company as head of product and executive chairman.

Google Inc co-founder Larry Page will take over as CEO from Eric Schmidt, a surprise that signaled Silicon Valley's most powerful Internet company was taking the offensive against fast-moving rivals like Facebook.