Is Twitter a billion-dollar company? It is now, according to its investors. People familiar with the company tell me it has raised around $50 million in a funding round that values the start-up, which has no real revenue to speak of, at about $1 billion… Tweet This Post

ast growing startup Twitter will soon be joining a select group of startups with private venture round valuations of $1 billion, we’ve heard from multiple sources. CEO Evan Williams disclosed the round to employees at a recent all hands meeting… Tweet This Post

Kai-Fu Lee became famous in 2005 when the engineering whiz left Microsoft, where he had created Microsoft Research Asia, to head search giant Google’s operation in China. Microsoft sued, charging that he violated a noncompete agreement, but eventually settled. This time, as Lee leaves Google, he’s sure to avoid a lawsuit, because he’s starting his [...]

HONG KONG (Reuters) – Kai-fu Lee, Google Inc’s former China chief who quit the search giant this week, said on Sunday he will launch his own business next week to fund Chinese technology start-ups. Lee, described by Chinese media as the face of Google in China, said on his Twitter page (http://twitter.com/kaifulee) that he will [...]