I'm not saying that there isn't a good reason - I just have been watching Orion and am not familiar with the implications of what's being called the "upsized public offering". Is it just that a lot more shares will be in circulation?
I don't know anything about that rumor.
Regardless of whether Google can "start its own TWTR", the argument could be made for any property they've bought. That 40% premium you mention could be justified in terms of eliminating the competition.
How many people do you see running to Google Hangouts?
Except school getting out - summer jobs, time off... I think one of the biggest problem to date is a lack of killer apps. Games still seem to be relatively thin as far as offerings go. Not a whole lot of compelling gaming. That's not really on GameStop, and certainly not because of digital downloading, either.