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Twitter CEO Dick Costolo on Jack Dorsey, ad revenue, going public

Friday, October 12, 2012 - 03:00 Justin Sullivan/Getty Images Twitter CEO Dick Costolo. Corner Office Interview: Biz Stone and Evan Williams Twitter unveils advertising platform Twitter and your privacy Twitter may block tweets in certain countries Listen: Twitter solves mobile ad riddle Twitter CEO Dick Costolo rarely gives interviews. But just a week after the Silicon Valley executive made headlines in The New York Times for alleging that Twitter founder Jack Dorsey’s role in the company was diminished, Marketplace Morning Report host Jeremy Hobson got more than 140 characters worth of answers from Costolo in a one-on-one interview. He answers questions about Dorsey’s current involvement with the company, Twitter's position on censorship, the company's advertising business, and he responds to rumors about Twitters plans to go public. Jeremy Hobson: It was created in 2006, it is the home of 140 character tweets and it now has hundreds of millions of users. I am talking, of course, about ...

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Found more than 1 month ago on channel Marketplace.org

Rich and poor in San Diego speak out on wealth gap

Friday, October 5, 2012 - 12:00 David McNew/Getty Images A volunteer gives a needy people a monthly food handout at a food bank near San Diego. Residents of San Diego's wealthiest and poorest neighborhoods reflect on opportunity, responsibility and the American Dream. There’s more than one house on the gated property Bob Shillman lives on -- in Rancho Santa Fe, a San Diego suburb that is one of the richest communities in America. Shillman’s main house is a mansion of stone floors, plush furnishings and soaring windows. In person, Shillman is clever and boisterous. And he makes no apologies for his opulent surroundings. He says he earned it. “The people that I know, and I know many businessmen, they were not handed things,” said Shillman. “They  did  build this. I built this company. I profited, my investors profited, and all my employees.” America is not supposed to be class-based society. But we have always had the rich and the poor, and the gap between them is growing. The ...

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Found more than 1 month ago on channel Marketplace.org

Ad hits Obama on child soliders

Thursday, September 20, 2012 - 09:21 YouTube/Screenshot The conservative nonprofit Let Freedom Ring attacks Obama for allowing countries that use child soldiers to receive American military aid. Conservative nonprofit  Let Freedom Ring  attempts to link President Barack Obama to child soldiers in a new ad focusing on the United States’ military aid to certain countries in Africa and the Middle East. The  ad  opens with brief background on child soldiers and notes that Sen. Obama supported a bill that restricted American aid to countries that use child soldiers in militaries and state-backed militias. “This was the right thing to do. It’s what leaders do,” the narrator says. “But then, as president, Obama waived these restrictions, allowing millions of our taxpayer dollars to go to countries where children as young as 11 — 11! — are forced to fight.” “Why, Mr. President? Why?” the ad finishes. In 2011, Obama waived restrictions on military aid to countries that the ...

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Found more than 1 month ago on channel Marketplace.org