Twitter to pay Kordestani annual base salary of $50,000

(Reuters) – Twitter Inc said it would pay new Executive Chairman Omid Kordestani an annual base salary of $50,000 and a one-time grant of options to buy 800,000 shares of the microblogging website operator. Kordestani's appointment was a move by Twitter to allay concerns about Dorsey's dual role as head of mobile payments company Square Inc.

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Apple Pay launches in Britain as hold-out Barclays signs up

Apple introduced its mobile payments service to Britain on Tuesday as Barclays confirmed its participation in the U.S. tech giant's move to capitalize on the increasing number of consumers who are comfortable making tap-and-go purchases

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