After announcing earlier this month that it was shutting down due to threats from Twitter over a federal trademark application, Twitpic just announced it’s been acquired by a mystery buyer. We’ve chronicled the long, strange (anti-)demise of Twitpic here, here, and here.
“Larry Ellison, the billionaire founder of the business software giant Oracle, said he intends to step down as CEO of the company today and will hand over his duties to president Mark Hurd and Safra Katz, president and CFO who will serve as co-CEO.” – Re/Code
The Federal Trade Commission has introduced a new rule for online retailers that will require them to either ship an item without delay or offer the buyer a full refund, the Hill reports. The rule will become effective on December 8. [Source: The Hill]
“Fliers showing swastikas above the word ‘Uber’ that were found in Williamsburg Monday night are being investigated as a hate crime, police said. ‘Numerous’ fliers were discovered on Bedford Avenue at Williamsburg Street — near where many Hasidic Jewish people live — at about 10 p.m., police said.” ~DNA Info