Twitter Inc. named former Pearson Plc Chief Executive Officer Marjorie Scardino to its board after the microblogging service faced criticism that it lacked women in its top ranks.
Twitter Inc. jumped 73 percent in its trading debut, as investors paid a premium for its promises of fast growth.
Twitter Inc. raised $1.82 billion in its initial public offering, seizing on demand for its shares to price the stock above a proposed range.
Twitter Inc.’s $10.9 billion initial public offering valuation is as economical as its 140-character tweets.
When Twitter Inc. Chief Executive Officer Dick Costolo isn’t traveling abroad or overseeing new products to compete with social-networking rival Facebook Inc., he’s often lecturing employees on the merits of good management.
Twitter Inc. co-founder Evan Williams is now a multibillionaire on paper, after shares of the short- messaging website rose 73 percent on the first day of trading.
Twitter Inc. increased the price of shares in its initial public offering by as much as 25 percent, putting it on track to raise $1.75 billion amid brisk demand.
Twitter Inc. will make the case to potential investors in its initial public offering that it needs to keep spending to grow, and profit will come once it can reap the benefits of those investments.
Twitter Inc. is poised to price its initial public offering at a valuation that makes it more expensive than Facebook Inc., a profitable rival with five times as many users.
Twitter Inc. is likely to price its initial public offering above the increased range announced earlier today, raising more than $1.75 billion, two people with knowledge of the matter said.
"Twitter is where television viewers come to talk about what they're watching on TV when they're watching it."
- Dick Costolo on Oct 09, 2013
Kerner, Sabet, Sacca Comment on Twitter CEO Appointment