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Social Security Spent $300 Million on ‘IT Boondoggle’

Originally posted on TIME:
(WASHINGTON) — Six years ago the Social Security Administration embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims. Nearly $300 million later, the new system is nowhere near ready and agency officials are struggling to salvage a project racked by delays and…

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Ten years on, Facebook’s second quarter earnings show users are more engaged than ever

Originally posted on Gigaom:
Facebook’s (s FB) 2014 second quarter earnings show a healthy company continuing to grow at a surprisingly rapid rate for its size. The company beat analyst expectations for earnings per share by a landslide — $0.42 compared to the expected $0.32. But perhaps the most significant numbers are Facebook’s user engagement…

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Twitter airs its unflattering diversity numbers when all eyes are on Facebook’s second quarter earnings

Originally posted on Gigaom:
Twitter released its staff diversity numbers to the public Wednesday, but before you go lauding the company for such transparency, it’s worth noting Twitter didn’t act of its own accord. It caved to pressure from Reverend Jesse Jackson and activist organizations ColorofChange and the Rainbow PUSH Coalition. Furthermore, it’s one of the last consumer…

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