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Heather Somerville Heather Somerville (45 Posts)

Heather Somerville reports on consumer affairs, retail and technology for the Bay Area News Group. She lives in San Francisco, where she enjoys rock climbing, yoga and biking across the Golden Gate Bridge.


Top Twitter moments from the Billboard Music Awards

Twitter lit up Sunday night as musicians and fans flooded the social media site to pontificate and crack jokes about the Billboard Music Awards. From Madonna slurring her words, fueling rumors that the pop diva was drunk, to an unexpected Read More →

Bid to eat lunch with Jack Dorsey hits $15,600

We just learned that Twitter is worth $10 billion,  and now it appears that eating lunch with the company's founder, Jack Dorsey, also comes with a hefty price tag. The highest bid to dine with Dorsey is $15,600, with Read More →

With Twitter valued at $10B, investors speculate IPO is near

A quick math lesson from Twitter:
  • 140 -- characters in a tweet
  • 200 million -- daily active tweeters
  • 500 million -- tweets sent per day
  • 500 million -- Twitter accounts
  • Here's the big one -- $10 billion -- Twitter's estimated value, according to a May Read More →

Crowdfunding startup CircleUp raises $7.5M

In a cash-flush display of the growing popularity of crowdfunding, CircleUp, which gives investors a platform to invest in small-ish businesses, announced this morning that it has raised $7.5 million in its latest round of fundraising. The amount raised is the Read More →

Senate expected to pass Internet sales tax bill today

UPDATE 3:28 PM PST -- In a bipartisan vote of 69-27, the Senate on Monday passed the Marketplace Fairness Act, the bill that will allow states to collect sales tax from online retailers including Amazon. The bill now heads to Read More →

Jack Dorsey to auction lunch meeting for charity

Jack Dorsey, the man behind Twitter and Square, can add "philanthropist" to his resume. Dorsey has joined Redwood City-based non-profit BUILD to create an eBay charity auction and raise money for entrepreneurship education for at-risk high school students.   The Read More →
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