FaceBook

WhatsApp Inc. Chief Executive Officer Jan Koum, whose mobile-messaging company was acquired by Facebook Inc. for $22 billion this year, is apologizing for behavior that led to a restraining order against him in 1996. The order was granted in February 1996 in state court in San Jose, California, after a civil harassment claim from an ex-girlfriend who details multiple incidents from June 1995 to January 1996 in which she said Koum verbally and physically threatened her, according to court documents. The incidents included changing her school records and preventing her from attending college classes, according to the documents. “I feel I was irrational and behaved badly after we broke up,” Koum said in a statement today. “I am ashamed of the way I acted, and ashamed that my behavior forced her to take legal action. I am deeply sorry for what I did.” [BusinessWeek]

Zuck’s coming for you, Ellison. Read more »

Alibaba’s not going to say it has zero faith in the Nasdaq following its not so great handling of the Facebook IPO but it’s not not going to say it has zero faith in the Nasdaq following its not so great handling of the Facebook IPO. Read more »


It’s about lowlives who spread falsehoods about Michael Lewis, with a subplot about the guy’s mom. Read more »

“NEW YORK, March 7, 2014 (GLOBE NEWSWIRE) — Icahn Enterprises L.P. (Nasdaq:IEP) today issued the following statement: On April 2, 2013, the Securities and Exchange Commission (“SEC”) issued a report in which it provided guidance to issuers regarding the use of social media to disclose material non−public information. Our Chairman, Carl C. Icahn, intends to use Facebook, as well as the web site www.shareholderssquaretable.com (and communications to its members) and Twitter, from time to time to communicate with the public about our company and other issues. Mr. Icahn’s Facebook page is located at www.facebook.com/carlicahn. It is possible that the information that Mr. Icahn posts on Facebook, through the Shareholders’ Square Table website and to its members, and on Twitter, could be deemed to be material information. Therefore, in light of the SEC’s guidance, we encourage investors, the media, and others interested in our company to review the information that Mr. Icahn posts on Facebook, that he provides on the Shareholders’ Square Table website and to its members, and that he posts on Twitter, in addition to the information that we disclose using our investor relations website, SEC filings, press releases, public conference calls and webcasts.”

Also, he got a deal on WhatsApp, for which he’s got a 5 year plan. Read more »

Are you Wall Street veteran, bank CEO, or otherwise high-ranking member of the financial services industry? Are you pretty good at the finance-y part of your job but totally lost when it comes to technology, specifically the vast and utterly confusing world of social media? Do you want to shell out $60k to not exactly learn how to navigate sites like LinkedIn, Twitter, Instagram, and the like, but walk away with the ability to produce a crude drawing of Facebook’s homepage? Consider today your lucky day: according to the Journal, there are now numerous scams willing to take your money…

Fearful their companies will fall behind because top bosses don’t have a firm grasp of technology or digital media, senior managers are taking lessons on how the Internet works. Some firms are pairing individual leaders with young mentors, while others are spending hundreds of thousands of dollars to teach the entire c-suite how to use social tools that most of their entry-level employees use without a second thought. The goal isn’t for the CEO to parse the difference between a “like” and “share” on Facebook or take a spin on the company Twitter account, though that is covered, too. Rather, instructors and managers say, a basic understanding of the digital landscape helps leaders make better decisions about what to invest in, as well as how to talk about it. In the past 18 months, teams of senior staffers from companies including American Express Co., NYSE Euronext and PepsiCo Inc. have gone to the Manhattan classrooms of General Assembly, which offers courses in coding and product design, to learn how to analyze data and think like a tech entrepreneur. A two-day program can cost $60,000.

…and in exchange, teach you how to: Read more »