Twitter made its debut on the New York Stock Exchange in November. Both the social media giant and the relative newcomer Snapchat are valued in the billions, but neither company has yet turned a profit.
Zero. That's the total amount of revenue created by Snapchat in 2013. It's the total profit collected by Twitter. And it's roughly how much Apple's stock price has increased between early last December and now.
Which makes you wonder: With all these zeros piling up, how are so many people in Silicon Valley making so much money from technology?
This is one of the best times of the year to spot gray whales off the coast of Southern California as they migrate south for the winter. But recently, there have been an unusually high number of sightings of other whales.
"We've had so many whales," Dan "The Whale Man" Salas tells the guests on his boat. "This is all in the last two weeks. We've had orcas, we had a sperm whale, we've got humpback whales, blue whales, fin whales. Yesterday we had a massive pod of gray whales, so we never know what we're going to see out here."
Every year, research firm CB Insights offers up a report on the fastest growing and most highly valued private companies in technology — basically, the ones most likely to go public. Audie Cornish speaks with Anand Sanwal, CB Insights' CEO, for a look at the top tech IPO's expected in 2014.
Originally published on Mon December 30, 2013 4:58 pm
In a 7,000-word investigative report published by The New York Times on Sunday, David Kirkpatrick revisits last year's assault on the U.S. diplomatic compound in Benghazi, Libya. Kirkpatrick finds that — contrary to much commentary from mostly Republican members of Congress — al-Qaida was not involved. He joins Robert Siegel to talk about his reporting and the backlash against his conclusions.
In a Philadelphia courtroom today, a judge agreed to release a Catholic Church official who's serving prison time for his handling of sexual abuse claims. Last week, a Pennsylvania appeals court overturned Monsignor William Lynn's 2012 conviction. NPR's Jeff Brady reports.
People hold placards reading 'Shame to thieves with Boxes' during a demostration on December 29, 2013 in Istanbul against corruption and the Government. Turkish Prime Minister Recep Tayyip Erdogan lashed out at the judiciary as he tried to tamp down a corruption probe that has shaken his government and sparked a new wave of anti-government protests. (Ozan Kose/AFP/Getty Images)
Steve Young learned about industrial musicals when he started coming across compilations, like this one, in used record stores. (You definitely want to <a href="http://media.npr.org/assets/img/2013/11/05/bathroomscover_custom.jpg">click to enlarge this</a>.)