Square could take hit on IPO with Jack Dorsey leading Twitter

By Heather Somerville SAN FRANCISCO (Reuters) – The much anticipated initial public offering from Silicon Valley payments company Square could take a price hit if its chief executive, Jack Dorsey, takes a second and possibly more demanding job: running Twitter. “Management and management focus are the single most determining factor of the success or lack thereof of a company pursuing an IPO,” said Lise Buyer, an IPO consultant with Class V Group in Silicon Valley who also helped guide Google Inc's IPO

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Google mobile Android operating system under U.S. antitrust scanner

The U.S. Federal Trade Commission is investigating whether Google Inc is using its Android mobile operating system to stifle competition, a source familiar with the matter said on Friday. The Android mobile platform is a key element in Google's strategy to maintain revenue from online advertising as people switch from Web browser searches to smartphone apps, and action by U.S.

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Alibaba ploughs $200 million into Snapchat in latest startup deal: source

Alibaba Group Holding Ltd is investing $200 million in photo-messaging app Snapchat, a source familiar with the deal said, striking its latest Silicon Valley deal as the Chinese ecommerce company builds up mobile services. The investment values the company at around $15 billion, according to Bloomberg, citing people familiar with the situation as saying.

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Apple’s iTunes, App Stores back online after unusually long outage

By Joseph Menn and Edwin Chan SAN FRANCISCO (Reuters) – Apple Inc's iTunes and App Store came back online on Wednesday afternoon after an unusually long service disruption that the company blamed on an internal technical error. Apple updated its status page at 5:04 pm ET to show that the disrupted services, including the Mac App Store and iBooks, were now functioning normally. The App Store and iTunes are a source of pride for the world's largest tech company and form the centerpiece of its mobile user experience.

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