- Twitter’s leadership was thrown into disarray on June 12 after Ali Rowghani resigned suddenly as the company’s chief operating officer amid a dispute with Chief Executive Dick Costolo. Twitter’s stock has fallen about 42 percent this year as concerns have arisen that the company is not signing up enough new users.
- More and more couples are sitting down with their lawyers before marriage to discuss a social media clause in their prenuptial agreement – covering what they can and cannot say or post about each other. These agreements appear to be enforceable in court if they are specific enough.
- Amidst political instability in Iraq, many users report that the government has closed down most social-media channels, fearing that insurgents will use them to organize revolution, so users have turned to Whisper, an anonymous channel.
- Rock band Foo Fighters agreed to play a show in Richmond, Virginia following a crowdsourcing campaign launched by a local fan without the band’s participation or knowledge. Using the Crowdhoster and Crowdtilt Open platforms, Richmond resident Andrew Goldin raised over $70,000 in support of the proposed concert, representing over 1,400 tickets at $50 each. Will we see more top bands embracing crowdsourcing in determining where to perform?
