Twitter Poised to Close a Two-Stage $800M Funding, With Half Used to Cash Out Investors and Employees

In a move reminiscent of one done by Facebook in 2009, Twitter is zeroing in on a complex $800 million funding deal, which includes a tasty $400 million payout for its current investors and also employees.
payday

Exclusive: Andreessen Horowitz Invests $80 Million in Twitter

Andreessen Horowitz has invested more than $80 million in Twitter via purchasing stock in secondary markets. When called about it by BoomTown, a spokeswoman at the high-profile Silicon Valley venture firm confirmed the purchase. The move is an interesting one, since Andreessen Horowitz was not part of the recent $200 million round on venture funding at the San Francisco microblogging company, led by Kleiner Perkins and which valued it at $3.75 billion.

YooMee Games Opens the Chuck E. Cheese of Online Arcades

What do you get when you give casual game players the chance to compete for cash and prizes? A really addictive experience. Or at least that’s the hope of YooMee Games.

Is Jason Kilar Trying to Get Fired?

Did the Hulu CEO just channel Jerry Maguire? Or did he think his future as a TV manifesto would sway his network owners? It may not matter.

Exclusive: Twitter Raises $200 Million at a $3.7 Billion Valuation; Adds McCue and Rosenblatt to Board

Twitter has completed its latest round of funding–$200 million at a $3.7 billion valuation–with Kleiner Perkins as the lead investor. The San Francisco microblogging service is also adding two new board members: Flipboard’s Mike McCue and former DoubleClick head David Rosenblatt.

Video: Picplz's Dalton Caldwell Says It's All About the Money

Mixed Media Labs CEO Dalton Caldwell doesn’t want to brag about the features of his photo-sharing app Picplz. He wants to talk about how it will (eventually) be monetized.

Password Manager LastPass Acquires Xmarks

LastPass, a cross-platform password manager and form filler, has acquired the social bookmarking and browser synchronization service Xmarks. The San Francisco-based Xmarks has been in the midst of some tumult of late, as it closed down in September and then quickly opened back up again in an effort to keep its service running for a large group of active users and to find a new home.

Here's a Promoted Tweet Survey From TWTRCON

Later this morning, BoomTown will be at the TWTRCON SF 10 conference to interview Adam Bain, Twitter’s spanking new president of global revenue, in a session titled “Show Me the Money.” I will surely make him show it! Until then, I embedded a poll after the jump that TWTRCON is releasing today on Twitter Promoted Products.

Demand Media's IPO Is On Deck, With Amended Filing

Demand Media, which posted its regulatory S-1 filing in August, filed an amended version today that is likely to allow it to move quickly to an initial public offering. It now must now wait for the Securities and Exchange Commission to approve the filing, after the which the execs of the Santa Monica, Calif.-based Demand will immediately to go on a road show for several weeks to try to convince investors to jump on board. Then, if there’s enough interest, the IPO is likely to come before the holidays.

ATD Adds Tricia Duryee (Who Will Add It All Up for Our Readers)

And the hit reporters/bloggers keep on coming at All Things Digital. Today, we are honored to add Tricia Duryee to the staff of our site, where she will be covering commerce, online payments, gaming and more. In other words: She’ll show us the money. Or not, in some cases.

Pandora's Tim Westergren Speaks!