Twitter’s M&A team loses second member: Re/code

(Reuters) – Twitter Inc's Rishi Garg, vice president of corporate development and strategy, has resigned from the company to pursue other projects, technology blog Re/code reported, citing a tweet from Garg. Garg, who led the company's mergers and acquisition team, had joined Twitter in May, 2014, according to his LinkedIn profile. This is the second resignation at Twitter's mergers and acquisition team

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With CEO shakeup, Twitter under pressure to please advertisers

By Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Twitter Inc's next chief executive officer faces a crucial challenge as the company seeks to appease Wall Street after last week's management shakeup – helping disaffected advertisers connect with users. Twitter's outgoing chief executive, Dick Costolo, resigned abruptly Thursday amid pressure from investors to increase the user base and improve what's known as direct response advertising, the most lucrative type on the microblogging site. Before joining Twitter in 2010, Bain served as president of the Fox Audience Network where he was responsible for monetizing advertising platforms across News Corp's web properties.

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Disney’s powerful marketing force: social media moms

Wendy Wright is a home-schooling mother of two, a prolific blogger and a self-described “Disney Nut.” Her cats are named Mickey and Minnie, and her blog is filled with advice for visiting Disneyland, tips for holding Disney-themed parties and reviews of Disney movies. Wright's enthusiasm for all things Disney eventually drew the attention of the Walt Disney Co , which invited her to join a carefully vetted group of roughly 1,300 Disney Social Media Moms.

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Twitter cuts revenue forecast, shares slump

Twitter Inc reported quarterly revenue that fell short of Wall Street estimates and cut its full-year forecast because of weak demand for its new direct response advertising, sending shares down as much as 24 percent on Tuesday. Twitter forecast 2015 revenue of $2.17 billion to $2.27 billion, down from its earlier forecast of $2.3 billion to $2.35 billion.

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IAC profit beats as its dating websites attract more paid users

IAC/InterActiveCorp reported a higher-than-expected quarterly profit as subscription revenue rose from its dating websites and the company said user response to the paid version of its Tinder dating app was better than it had anticipated. Shares of the company, whose chairman is media mogul Barry Diller, rose about 2 percent in extended trading on Tuesday

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