Twitter Inc.’s Ali Rowghani resigned as chief operating officer after a power struggle over responsibilities, said people familiar with the matter, in the biggest executive exit since the microblogging company went public last year.
Twitter Inc., the microblogging website with more than 200 million active users, plans to make its S-1 regulatory filing for its initial offering public today, said people with knowledge of the process.
Twitter Inc., the microblogging service, is leaning toward listing its shares on the New York Stock Exchange as it prepares for an initial public offering, according to a person with knowledge of the matter.
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.
Rupert Murdoch and his son James told U.K. lawmakers that resolution of a phone-hacking scandal at News Corp.’s British unit was delayed because they relied on a clean bill of health from the law firm Harbottle & Lewis LLP.