Posts Tagged ‘Dick Costolo’

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Twitter’s Redesigned Discover Tab Is Watching You (AllTwitter) Twitter announced that it has added “improved personalization algorithms and real-time indexing.” What does this mean? Through a new Discover tab, Twitter is making search more personalized (just like Google). Let us know if you like what you see or if you have any other general impressions. PC Magazine The update is currently rolling out to Web users accessing Twitter.com, as well as those who use the Android and iOS versions of the Twitter app. The process will take weeks, Twitter said. GigaOM Recommendation services are a little like voice-recognition, in that no one notices when you get it right but everyone hates you when you get it wrong. But more than anything else, that is what Twitter has to figure out — and soon, before someone else does it better. Read more

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Google+ Gets a Redesign (Google Blog)
We’re introducing a more functional and flexible version of Google+. We think you’ll find it easier to use and nicer to look at, but most importantly, it accelerates our efforts to create a simpler, more beautiful Google. SocialTimes This update proves that Facebook really does have something to fear as Google has improved the user experience in a lot of innovative ways that may leave Facebookers envious. TechCrunch It’s interesting that Google+ has now changed its design, after its first efforts received such praise. BGR The new interface focuses on customization, Google’s Hangout video chatting service and features that will make it easier to discover new conversations and profile pages. Lifehacker The improvements are rolling out over the next few days. Read more

Twitter looked to beef up its marketing efforts by announcing three experienced hires.

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Netflix CEO Reed Hastings is a cover boy — specifically, the cover of Fortune, as he was named the magazine’s 2010 Business Person of the Year.

Other tech and media movers and shakers to crack the list of 50 included Apple CEO Steve Jobs (No. 3), Facebook CEO Mark Zuckerberg (No. 4), Baidu CEO Robin Li (No. 6), Oracle CEO Larry Ellison (No. 7), Amazon CEO Jeffrey Bezos (No. 10), Google CEO Eric Schmidt (No. 11), Zynga CEO Mark Pincus (No. 12), IBM CEO Sam Palmisano (No. 15), salesforce.com CEO Marc Benioff (No. 18), Andreessen Horowitz general partner Marc Andreessen (No. 19), Disney CEO Bob Iger (No. 22), Twitter CEO Dick Costolo (No. 24), Pandora founder Tim Westergren (No. 26), Time Warner CEO Jeffrey Bewkes (No. 27), DirecTV CEO Michael White (No. 32), Samsung Electronics CEO Geesung Choi (No. 39), Comcast CEO Brian Roberts (No. 43), and Mail.ru Group CEO Yuri Milner (No. 46).

Fortune reporter Peter Newcomb wrote on Hastings:

What does it take to be at the top of business in 2010? We searched for leaders who didn’t just crawl from the wreckage of the Great Recession, but sprinted from it. This year, Hastings has thrown his company’s muscle behind delivering television and movies over the Internet, risking his $2 billion-in-sales DVD-by-mail business. The result: a company that has grown from a gnat to a giant. Now when deals are made in media, the increasingly important question is, “What’s the Netflix piece?”

And Hastings told Fortune:

We are in a new race, and we are a player with some very large and substantial firms. Just to be in that league is an amazing place from where we were.

Twitter CEO Ev Williams is stepping down to take a role in product strategy, with COO Dick Costolo assuming CEO duties. The company made the announcement in a blog post. It likely would have made it via Twitter, but the service was down at the time.

Writes Williams:

When I insisted on bringing Dick into the COO role a year ago, I got a lot of questions from my board. But I knew Dick would be a strong complement to me, and this has proven to be the case. During his year at Twitter, he has been a critical leader in devising and executing our revenue efforts, while simultaneously and effectively making the trains run on time in the office. Dick can be even more effective at this now because Ali Rowghani, Adam Bain, Mike Abbott, Katie Stanton and Kevin Thau joined our leadership team this year and are having a big impact. Given Dick’s track record as a three-time successful CEO, I’m confident we can make this a smooth transition.

Williams is now the second Twitter CEO to step aside after being unable to find a strong profit center. Jack Dorsey left the position in late 2008.