Expectations are high this week as Twitter gets ready to go public.
The company raised its initial public offering price yesterday to $25 a share, up from $23. That would put the company’s value at around$13.6 billion — almost 12 times the value of its projected 2014 sales.
Twitter has 230 million users and not all of them are following Lady Gaga or Justin Bieber. A new Pew study shows 8 percent of Americans use Twitter to get news.
West Virginia Democratic Senator Joe Manchin says he’ll vote for the Employment Non-Discrimination Act, known as ENDA, making him the latest Senate Democrat to throw his support behind the law that would ban discrimination based on sexual orientation or gender identity in the workplace.
The bill is now only one vote shy of a filibuster-proof majority. Senate Majority Leader Harry Reid said earlier this week that he will push for a vote as early as next week.