Twitter is an online Social Networking Service and Microblogging Service that enables its users to send and read text-based posts of up to 140 characters, known as "tweets".
Twitter was created in March 2006 by -
- Jack Dorsey
- Evan Williams
- Biz Stone and
- Noah Glass
Jack Dorsey sent the first ever tweet, pictured, in 2006
The oldest Twitter accounts are 14 accounts which became active on March 21, 2006, all belonging to Twitter employees at the time
Twitter Inc. is based in San Francisco, with additional servers and offices in New York City.
Twitter has been described as "the SMS of theInternet"
Users may subscribe to other users' tweets – this is known as following and subscribers are known as followers
Twitter allows users to update their profile via their mobile phone either by text messaging or by apps released for certain smartphones and tablets
On September 7, 2011, Twitter announced that it has 100 million active users logging in at least once a month and 50 million active users every day
In December 2011, the Saudi Prince Alwaleed bin Talal invested $300 million in Twitter. The company was valued at $8.4 billion at the time
On February 3, 2013, Twitter announced that a record 24.1 million tweets were sent the night of Super Bowl XLVII
On September 12, 2013, Twitter announced that it had filed papers with the US Securities & Exchange Commission ahead of a planned stock market listing
Twitter set for public stock debut on New York Stock Exchange
The IPO values Twitter at $14.1 billion, with the potential to reach $14.4 billion if underwriters exercise an over-allotment option, as they are widely expected to
If the full overallotment is exercised, Twitter could raise $2.1 billion, making it the second largest Internet offering in the U.S. behind Facebook's $16 billion IPO last year and ahead of Google Inc's 2004 IPO.
Twitter's public stock debut is set for Nov 06,2013 Thursday morning on the New York Stock Exchange and will begin trading under the ticker symbol “TWTR'
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