Twitter’s newly-installed CEO Jack Dorsey has announced that he’s giving away one-third of the company stocks he owns to employees. If you’re wondering, that’s exactly 1% of the company, which translates into an estimated $214 million. He made the announcement in a tweet on the micro-blogging service.

🐥⚡️ I’m giving ~1/3rd of my Twitter stock (exactly 1% of the company) to our employee equity pool to reinvest directly in our people.— Jack (@jack) October 23, 2015

The move, quite clearly, is aimed at boosting the morale of the employees, given that the company is currently facing layoffs – just last week, it was announced that up to 336 jobs, which translates into 8% of the company’s total workforce, will be cut. Dorsey has also recently given back 15 million shares of Square, another company he heads, to its employees.

As for me: I’d rather have a smaller part of something big than a bigger part of something small. I’m confident we can make Twitter big! ✌️— Jack (@jack) October 23, 2015

If you aren’t in the know, former executive officer of Microsoft Steve Ballmer recently announced that he has bought a 4% stake in Twitter, making him the third largest individual shareholder in the…

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Microsoft has released its earnings report for Q3 2015, and while most of the company’s businesses have performed well, the phone business has taken a hit – revenue was down a disappointing 54% compared to the same period last year.

This means that the Redmond-based company managed to sell around just 5.8 million Lumia phones in the previous quarter, compared to 9.3 million it sold in Q3 2014. Quarter-on-quarter sales were also down – a total of 8.4 million Lumia’s were sold in Q2 this year, which, for the matter of fact, was up compared to Q2 last year.

For this quarter, the software giant is pinning its hopes on the recently announced Windows 10 Mobile flagships – the Lumia 950 and 950 XL. Both are now available for pre-order across Europe, and are also listed on the US Microsoft Store website – the company has already confirmed that the Lumia 950 will be an AT&T exclusive in the US for a limited…

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BlackBerry’s Android-powered Priv smartphone has cleared the FCC hurdle, which means it’s now ready to go on sale in the United States. Three different versions of the device have been certified, having model numbers STV100-1, STV100-3, and STV100-4.

This comes just a day after the handset briefly showed up on BlackBerry’s official online store, revealing a price tag of $750 for the unlocked model in the US and $949 in Canada, as well as a shipping date of November 16.

While a couple of retailers (Carphone Warehouse in the UK and Rogers in Canada) are already accepting pre-orders for the Priv, BlackBerry is expected to begin allowing consumers to pre-register for the smartphone on Friday (today).

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