Pinterest no longer requires that new users wait for an invite before signing up for the service. The company is also allowing users to sign up with their email addresses instead of requiring a Facebook or Twitter account.
Want to know who’s cashing-in on Alibaba’s IPO? Well, Yahoo has sold off almost $9 billion worth of its stock in Alibaba, founder Jack Ma has sold off $867 million, and its largest shareholder, SoftBank, has sold off $0, according to a report from Bloomberg Businessweek.
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