Silicon Valley fetishizes youth—the 20-something, white, over-worked male who will write code until his wrists tingle. That's just great, unless you happen to not be those things. Case in point: a new lawsuit against Twitter complains the company fired a 57-year-old employee because of illegal age and medical bias.
Silicon Valley famously spent years refusing to talk about its diversity problem. But in the last month, some of the nation's biggest tech companies became more transparent about their demographics: Google, Facebook, Yahoo—even LinkedIn—all released diversity reports. However, Twitter is refusing to get with the times.
Twitter says it did not block accounts from Ukrainian national groups, denying claims by Russian officials trying to shut down content they consider extremist. Rather, Twitter says it instructed officials on how to report illegal content, part of its strategy for dealing with oppressive governments.
There's a reason why Marc Andreessen is an esteemed venture capitalist, and you're not. Consider the savvy of his investments, the impossible sheen of his dome, the wisdom of his tweets—and, despite apparently having never read a book, just this morning he summarized human progress in just 17 parts.
Last week I downloaded Tentwenty, a newly launched local message board that displays text and photos from anonymous users according to where they are in real time. Scrolling through my sparse feed at home in Brooklyn, I noticed that initial users weren't from the expected tech set, as well as a puzzling number of posts from Tenafly, New Jersey (not traditionally considered an early adopter mecca).
Tech stocks look like a Taylor Swift concert right now. Apple, Amazon, Facebook, Yahoo, Groupon, and King (the makers of Candy Crush) were all in the red this morning. Twitter continues to hit record lows after insiders were finally allowed to cash out. Yesterday 134 million shares were traded, more than seven times the normal volume.
Twitter's stock is currently plummeting down almost 17 percent, but it could have been even worse. The lockup period expired yesterday, prompting fears of a crash should employees and investors decide to sell their stock. But former Twitter employees complained earlier today that they were blocked from cashing out.