In the months preceding its IPO filing, Twitter worked hard to purge fake and spam accounts, long a thorn in the company's side and an impediment to its ability to attract advertisers.
Given that it's so easy to register for Twitter, and that there are few restrictions on sign-ups, there has been little to stop spammers from creating large numbers of accounts. And the company has few illusions that the problem isn't significant.
As the company prepares to raise $1 billion in its IPO, it's worth taking a look at how Twitter's revenue, profit, and user numbers stack up against those of its chief rival, Facebook. (The comparative metrics, however, are a little different, as you can see below.)
To be sure, there's never been any doubt that Facebook is a far bigger company, with revenue and user numbers that (so far) dwarf … Read more
Twitter offered the public a first detailed look at its financials in a filing Thursday formally notifying the Securities and Exchange Commission that it plans to go public. The company is seeking to raise $1 billion, and an offering is expected within weeks.
With this long-awaited move, Twitter will soon join Facebook and LinkedIn as the major social-networking companies that have gone public. Then it will be up to prospective investors to decide between risk and reward.
In the filing, known as the S-1, the company said that it seeks to raise $1 billion in new cash. Twitter brought in $… Read more
The U.S. Senate Sergeant at Arms Office put out word via Twitter's new alerts system that there had been gunshots Thursday on Capitol Hill.
Launched just last week, the Alerts system was designed to let public agencies and other institutions quickly alert people about disasters and other events. Today, after word began spreading about shots being fired on Capitol Hill, the Sergeant at Arms Twitter account tweeted, "USCP investigating … Read more
The stars seem to be aligning for Twitter to announce, within a day or two, that it has filed its S-1, the formal registration that it plans on going public.
Though not much is known for certain about Twitter's plans, its initial public offering is the most anticipated in the tech industry since Facebook went public last year. Earlier this month, Twitter said it had already started the process with a "confidential" IPO filing with the Securities and … Read more
The "Say no to Internet censorship" petition has tallied nearly 100,000 signatures in the past week -- showing that opposition to possible government proposals on stricter Internet laws is growing.
Launched by advocacy organization OpenMedia, the petition calls on world leaders to reject proposed controls on the Internet and protect citizens' rights to Web access.
OpenMedia started its campaign in order to target the leaders of the 12 countries involved in the Trans Pacific Partnership (TPP) free trade agreement talks, which includes Australia, Brunei, Canada, Chile, Japan, Peru, Malaysia, Mexico, New Zealand, Singapore, Vietnam, and the US.… Read more
It's a strange serendipity that this morning I was talking, from my sofa, to a class at the University of Missouri Journalism School.
Highly engaged and polite, they were too. (How will they ever make it as journalists?)
During a conversation about philosophy, technology, and dancing, they brought up an alumna, Marina Shifrin. Some seemed undecided exactly how proud of her they should be.
Shifrin, you cannot have forgotten, is the writer who quit a Taiwanese animation company by posting a YouTube video that has now been viewed by millions.
Twitter was witness to a simple back-and-forth between the social network's co-founder Jack Dorsey and Iranian President Hassan Rouhani on Tuesday. And, despite being a small exchange, it could be a signal of a change to come for Iran's citizens.
Dorsey first tweeted, "Good evening, President. Are citizens of Iran able to read your tweets?" And, in response, Rouhani said, "Evening, @Jack. As I told @camanpour, my efforts geared 2 ensure my ppl'll comfortably b able 2 access all info globally as is their #right."
Newly elected Rouhani has been making waves in … Read more