The deal will add payments functionality to SoFi's growing array of consumer financial options.
Twitter, J.C. Penney, State Street, Avery Dennison, Lexmark, AAR, Alexander & Baldwin, Marin Software, ITC Holdings
“Key question: Can Segal help Twitter tell a more convincing story to investors?”
"There is still work to be done to translate [user growth] into revenue growth,” Twitter tells shareholders.
Twitter, FM Global, Symantec, Kohl’s, Science Applications International, Diversified Restaurant Holdings, Builders FirstSource, ManTech International
Twitter hasn't reached the mass market because 'they don’t understand why to use Twitter' and ‘they don’t know how to use Twitter,' said CFO Anthony Noto.
Revenue rose 74% from a year ago, but missed analysts' estimates by $20 million. Twitter also lowered second-quarter sales projections.
Move from Wall Street to Silicon Valley proves lucrative for the Morgan Stanley CFO.
The social media giant plans to tap the bond markets with a convertible debt offering, just two months after former banker Anthony Noto became CFO.
Anthony Noto, former NFL finance chief, will try to help turn around the social-media firm.
