90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Taking Stock Of Twitter’s IPO

Twitter’s big IPO – the buzz, the billions and assessing the value of an empire of tweets.

An updated phone post on the floor of the New York Stock Exchange features a Twitter logo, Monday, Nov. 4, 2013, in New York. Twitter Inc. will begin trading on the New York Stock Exchange on Thursday morning after setting a price for its IPO sometime Wednesday evening. (AP)

An updated phone post on the floor of the New York Stock Exchange features a Twitter logo, Monday, Nov. 4, 2013, in New York. Twitter Inc. will begin trading on the New York Stock Exchange on Thursday morning after setting a price for its IPO sometime Wednesday evening. (AP)

Seems like five minutes ago, Twitter was sort of a joke. This week, it’s a big IPO. A public stock offering on the New York Stock Exchange that will value Twitter at over $10 billion. The company with the funny name that introduced us all to tweets and hash tags and 140-character messages is riding a wave or a bubble, depending how you see it. Hoping to raise a lot of cash without taking the kind of dive Facebook did after its sky-high IPO. All the attention is lighting up social media and where it’s headed. Our always-on web life. Up next On Point: #TwitterIPO, and where Twitter takes us.

– Tom Ashbrook

Guests

Zach Seward, senior editor of Atlantic Media’s online business news magazine, Quartz. (@ZSeward)

Rob Armstrong, head of Lex, the Financial Times’ opinion and analysis column. (@rbrtrmstrng)

Jennifer Van Grove, social media reporter at CNet. (@JBruin)

From Tom’s Reading List

Quartz: What Twitter’s IPO Means —  “People will call it a bubble, but they’re generally talking finance, as in the reason Pinterest and Snapchat are now worth $4 billion apiece. What I see is a social bubble, the collective delusion that Twitter’s IPO is a celebratory event, even if you’re not one of the few actually holding a stake in the company.”

CNet: Boobs and banner ads: Twitter’s Facebook dilemma — “At their worst, Twitter ads now resemble banner ads. Yet instead of being relegated to the right-hand side of a Web page, the ads are popping up in the stream on desktop and mobile. The brand-appeal, however, is that a company can pay to promote a tweet to a wider audience and use the power of an in-line photograph to make a stronger impact. Take Victoria’s Secret, for instance, which recently ran a Promoted Tweet with an image of a scantily clad model whose boobs, which would have previously been hidden from view until a person clicked to view them, ran through the timelines of a wide-eyed audience.”

New York Times: Twitter Raises Price Range for Its I.P.O. – “But coming ahead of pricing for the company’s stock, the higher price range suggests Twitter is emboldened after the conclusion of its road show. Thanks to the strong demand for its stock, Twitter is planning to close the order books for its I.P.O. on Tuesday at noon, a day earlier than scheduled, according to people familiar with the matter. Twitter still plans to price on Wednesday and begin trading on Thursday.”

Playlist

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Dec 19, 2014
Alan Gross, waves as he and his wife Judy leave following his statement at his lawyer's office in Washington, Wednesday, Dec. 17, 2014. Gross was released from Cuba after 5 years in a Cuban prison. (AP)

Cuba reset. Russia’s rubble troubles. School massacre in Pakistan. Jeb explores 2016. Our weekly news roundtable goes behind the headlines.

Dec 19, 2014
Soledad, and from left, Nina Pastori, and Lila Downs perform on stage at the Latin Recording Academy Person of the Year Tribute honoring Joan Manuel Serrat at the Mandalay Bay Resort and Casino on Wednesday, Nov. 19, 2014, in Las Vegas. (AP)

From crossover hits to hip-hop to soul, we look at a big year in the wide world of Latin music.

RECENT
SHOWS
Dec 18, 2014
A poster for the movie "The Interview" is carried away by a worker after being pulled from a display case at a Carmike Cinemas movie theater, Wednesday, Dec. 17, 2014, in Atlanta. (AP)

A big Sony hack gets weirder and wider. And Hollywood and Homeland Security are on edge.

 
Dec 18, 2014
This handout photo from the Twitter account of Sen. Jeff Flake, R-Ariz. shows Alan Gross arriving at Andrews Air Force Base, Md., Wednesday, Dec. 17, 2014. The US and Cuba have agreed to re-establish diplomatic relations and open economic and travel ties, marking a historic shift in U.S. policy toward the communist island after a half-century of enmity dating back to the Cold War, American officials said Wednesday. (AP)

Following months of secret talks the US will restore full diplomatic relations with Cuba after more than fifty years.

On Point Blog
On Point Blog
Cosby Accuser Beverly Johnson: ‘He's A Black Man. I Had To Separate The Trayvon Martins, The Michael Browns From What Happened To Me’
Tuesday, Dec 16, 2014

Beverly Johnson accused comedian Bill Cosby of drugging her in a high-profile Vanity Fair column. She tells us why she waited so long to share her story, and why it was even harder to share now.

More »
2 Comments
 
Our Week In The Web: December 12, 2014
Friday, Dec 12, 2014

On listener engagement, the meeting of trans-Atlantic royalty and the elusive origins of the chicken. (We promise this feed hasn’t been taken over the BBC…yet)

More »
Comment
 
Quinn Sullivan, LIVE In Our Studio
Wednesday, Dec 10, 2014

Fifteen-year old Quinn Sullivan is a humble, “ordinary” high school sophomore. But he’s also a blues guitar phenom. He brought his talents to the On Point studio today.

More »
Comment