Business digest: Ahead of IPO, Twitter adds visuals

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Posted: Thursday, October 31, 2013 12:00 am

Twitter has gone visual. The social network, which has been built around 140-character snippets of text since its founding in 2006, has added photo and video previews to the feed of items that users see when they log onto the service from the Web or mobile applications. In the past, Twitter users had to click on a link to see a photo or video. The change, which helps Twitter catch up to recent moves by rivals like Facebook to showcase photos and videos more prominently, could help increase the use of Twitter as the company prepares to sell stock to the public for the first time in an offering expected to occur next week.

Barnes & Noble Inc. is releasing a new Nook e-book reader for the holidays, while it evaluates the future of tablet computers.Nook tablets haven’t sold well amid intense competition with Apple’s iPad, Amazon’s Kindle Fire and others. The company said it isn’t giving up on tablets, but it will focus on a new e-reader this year while continuing to sell last year’s tablet models. The move comes as research firm IDC says the market for dedicated electronic-book readers is declining.

An online attack at Adobe compromised personal data for tens of millions more customers than was previously reported, the company said this week. Earlier this month, Adobe said that hackers had gained access to credit card information and other personal data for 2.9 million of its customers. The company said hackers had also stolen an undisclosed number of Adobe usernames and encrypted passwords. Adobe now says the tally of stolen usernames and passwords has grown to more than 38 million records. Heather Edell, an Adobe spokeswoman, said the company had reset passwords for affected accounts and notified all 38 million affected users.

A private survey shows U.S. businesses added just 130,000 jobs in October, as the 16-day partial government shutdown slowed an already-weak job market. Payroll processor ADP also said Wednesday that companies created just 145,000 jobs in September, far below the 166,000 it had reported earlier this month. The ADP survey covers only private businesses and did not reflect government furloughs caused by the shutdown.

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