Elon Musk imposed limits on the number of posts Twitter users could read a day, saying in a tweet that the move was necessary “to address extreme levels of data scraping and system manipulation.” Musk said verified accounts would be initially limited to 6,000 posts a day whereas unverified accounts—people who haven’t subscribed for a blue check mark or who haven’t been granted one for...
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Startups Squint to Read the IPO Tea Leaves
SeatGeek, a venture capital–backed ticketing app, may have a strong sales pitch when it starts early discussions with investors this week about a potential initial public offering led by Morgan Stanley. During recent quarters, revenue grew roughly 70% from the prior year, thanks to a boom in live concerts. While SeatGeek isn’t yet profitable, it expects to be by next year, a person...
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