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Friday, September 13, 2013

Twitter To Go Public Thursday Sep 12,2013


The social network announced - on Twitter, naturally - that it had submitted documents ahead of a planned flotation on the stock market

The announcement explained that a form had been submitted to the US Securities and Exchange Commission (SEC) ahead of a planned initial public offering (IPO).
Last night's tweet read: "We've confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale."

Note
Facebook floated on the US stock market in May 2012 for 104 billion dollar (£66.2 billion) 

About Twitter


  • Twitter was created in March 2006 by Jack Dorsey, Biz Stone and Evan Williams and by July 2006 it was launched


  • Twitter  is based in San Francisco,USA

  • Since its launch, Twitter has become one of the ten most visited websites on the Internet, and has been described as '' SMS of Internet''

  • There are some 200 million active users worldwide as of  Feb 2013 

  • 400 million tweets are sent everyday 

  • The first unassisted off-Earth Twitter message was posted from the Intl Space Station(ISS) by NASA Astronaut T J Creamer on January 22, 2010

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