Twitter Inc.’s initial share sale is poised to generate riches for its founders and venture investors -- as well as celebrities from Richard Branson to Ashton Kutcher and a host of lesser-known backers who bet early on the microblogging service.
Twitter Inc. co-founder Evan Williams is the company’s biggest shareholder with about 15 percent, said people familiar with the matter, leaving him in position to become a billionaire after the initial share sale.
If the attendees at the World Economic Forum in Davos, Switzerland, this week are the story of people who lead in politics and business or aspire to, the names of those not making the trip tell a different tale.
Twitter Inc., the social-networking service that delivers 140-character messages, redesigned its site to make it easier to post photos, videos and maps directly on the page, mimicking features available from Facebook Inc.
Twitter Inc., the social-networking service with more than 165 million users, elevated Chief Operating Officer Dick Costolo to chief executive officer, turning to a manager who is more focused on building revenue.
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., the third-largest social-networking site, pledged to boost its membership more than sixfold to 1 billion, helping the microblogging service compete with Facebook Inc. in attracting advertisers.