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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
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Twitter just apologized for holding this controversial party

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
Down Arrow Button Icon
July 22, 2015, 10:58 AM ET
US-INTERNET-COMPANY-TWITTER
(FILES) File photo dated September 11, 2013 shows the logo of the social networking website 'Twitter' displayed on a computer screen in London. The San Francisco company Twitter announced on September 12, 2013, in a tweet, that it has submitted papers for a stock offering, the most hotly anticipated in the tech sector since Facebook's last year. "We've confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale," the company tweeted. Talk of an initial public offering (IPO) has circulated about Twitter for some time, and the Wall Street Journal estimated the company founded in 2006 is worth some $10 billion. Twitter has become one of the fastest-growing and most influential social media services, used widely by celebrities, journalists, politicians and others. AFP PHOTO / LEON NEAL (Photo credit should read LEON NEAL/AFP/Getty Images)Photograph by Leon Neal — AFP/Getty Images

When your Silicon Valley workforce is mostly male and you want to throw a themed-party, what to do? Well, a Twitter team decided it would be a good idea to hold a frat-themed celebration in San Francisco recently.

The company quickly apologized for the misstep, which included “Twitter Frat House” signage and a beer pong table complete with a Twitter (TWTR) logo.

On Tuesday, images of the frat party surfaced on social media when a less-than-enthused female employee brought attention to the event using Facebook (FB), which was quickly removed, but was grabbed and tweeted by the group Global Women in Tech:

Silicon Valley US: @Twitter is having a #Frat party for employees. #Lovewhereyouwork #diversitymatters #brogrammers. pic.twitter.com/WkX4aHHl6g

— Global Tech Women (@GlobalTechWomen) July 22, 2015

Jim Prosser, a Twitter spokesperson, apologized in a statement to Fusion: “This social event organized by one team was in poor taste at best, and not reflective of the culture we are building here at Twitter,” Prosser said. “We’ve had discussions internally with the organizing team, and they recognize that this theme was ill-chosen.”

As the publication notes, Twitter is currently embroiled in a gender discrimination lawsuit in which a female software engineer, Tina Huang, said that promotions are given more frequently to men. Only 10% of Twitter’s tech employees are female, according to company data released last year.

About the Author
By Benjamin SnyderManaging Editor
LinkedIn iconTwitter icon

Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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