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UPDATE 3-Twitter announces layoffs as CEO Dorsey looks to revive growth

*Expects about $10 mln- $20 mln severance costs. Oct 13- Twitter Inc will lay off up to 336 employees, or about 8 percent of its workforce, as co-founder Jack Dorsey readies to revive growth in the microblogging service provider's user base in his second stint as chief executive. FBN Securities analyst Shebly Seyrafi, however, said the company needed to focus also on "...
Source: Reuters | By: Lehar Maan and Abhirup Roy
UPDATE 4-Twitter appoints Jack Dorsey CEO, seeks new chairman

*Dick Costolo resigned from board on Sept. 30. Oct 5- Twitter Inc named Jack Dorsey as its permanent CEO but said it would look elsewhere for a chairman, seeking to allay concerns about its co-founder's dual role as head of the mobile payments company Square. Dorsey has been running Twitter as interim CEO to much acclaim since his predecessor, Dick Costolo, stepped...
Source: Reuters | By: Abhirup Roy and Yasmeen Abutaleb
As Twitter, Square interests converge, CEO Dorsey risks conflicts

SAN FRANCISCO, Sept 30- If Jack Dorsey becomes permanent CEO of both Twitter Inc and mobile payments company Square, he could struggle with conflicts of interest in the business that is key to both companies' futures: e-commerce. "The biggest conflict would simply be the allocation of his time," Esther Dyson, an early Square investor who holds several board and...
Source: Reuters | By: Yasmeen Abutaleb
GoPro poised for all-time low after price cut

GoPro disappointed investors as it instituted a 25 percent price cut on the HERO4 Session and did not revamp the high end of its product lineup.
Source: CNBC.com | By: Tae Kim
Nigerian firms may struggle to repay debt if dollar shortages persist

LAGOS/ LONDON, Sept 16- Already feeling the pinch from slumping oil prices and slowing economic growth, Nigerian companies are finding it increasingly hard to get hold of foreign currency due to central bank restrictions and may struggle to repay their debts. Since 2007, Nigerian financial and energy firms such as FBN Holdings and Seven Energy have issued more...
Source: Reuters | By: Alexis Akwagyiram and Karin Strohecker