Booting Up: Facebook Considered a $1 Billion Offer for Snapchat, But Instead We Got Poke

On Saturday, the NYSE tested its systems’ ability to handle the demand from Twitter’s IPO to avoid the problems Facebook faced

Testing, testing. (Photo: Getty)
Testing, testing. (Photo: Getty)

On Saturday, the NYSE tested its systems’ ability to handle the demand from Twitter’s IPO to avoid the problems Facebook (META) faced over at Nasdaq. [Reuters]

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Yahoo is still figuring out how to position Tumblr as an advertising profit center, but all the porn isn’t helping. “It’s not high on our list,” said an agency exec. [AdWeek]

Netflix (NFLX)’s CEO said they might release “big movies ourselves” because they hate the theater experience as much as you do. [Hollywood Reporter]

Supposedly Facebook wanted to purchase Snapchat for $1 billion, which Evan Spiegel rebuffed. [WSJ]

Gather round and hear the tale of Feargal O’Rourke. Dubbed a “local hero,” he’s the architect of making Ireland a tax avoidance heaven for large tech companies, like Twitter. [Bloomberg]

Booting Up: Facebook Considered a $1 Billion Offer for Snapchat, But Instead We Got Poke