May 26, 2011 |
Twitter Inc. is taking over TweetDeck Inc., a popular application that allows users to access the microblogging service and sort posts into customized columns. TweetDeck, based in London, was founded in 2008 and is the second most popular third-party Twitter app behind Pasadena-based UberMedia Inc.'s UberSocial. TweetDeck and Twitter announced the purchase Wednesday after more than a month of speculation that pegged the purchase price at about $40 million to $50 million. Officials at TweetDeck and Twitter were not available Wednesday to comment on the price.
October 3, 2013 |
Now that the long-awaited Twitter IPO prospectus has finally landed, the document includes some revealing information about the road ahead for the San Francisco-based social media darling. And it's clear that there are lots of bumps and potential potholes ahead. Yes, such S-1 filings include boilerplate disclosures about risks that could apply to any company. PHOTOS: Top 11 hidden, cool features in Apple's iOS 7 But Twitter has some very specific challenges it faces to become a successful, sustainable company: 1. Growth slowing: The company is not profitable, its losses are getting bigger, and its growth is slowing?
June 19, 2012 |
From a snow-crested corner of Alberta, Canada, Kelly Oxford made her Hollywood screenwriting dream come true. She did it without leaving her close-knit family or giving up her free nationalized healthcare. She did it without toiling in Westside coffee shops or confronting painful rejections. She did it 140 characters at a time. Oxford, a suburban housewife and mother of three, is a Twitter superstar ( @kellyoxford ), with more than 350,000 followers. Oscar winners, late-night talk show hosts, even film critic Roger Ebert follow her on the social media service, eager to read wry observations about daily life and celebrity culture.
July 31, 2012 |
If a gymnast flubs spectacularly on a routine but sticks the landing, which makes a more lasting impression on the audience: the mistakes or the graceful finish? The former seems more likely, but Twitter is hoping for the latter. The popular microblogging service flubbed spectacularly this week when it suspended the account of Guy Adams, a sharp critic of NBCUniversal's coverage of the Olympic Games. This was unseemly on its face, considering that Twitter had partnered with NBCUniversal on a special "insiders" stream of Olympics-related tweets . On Tuesday, Twitter restored Adams' account and aired its dirty laundry in a welcome display of transparency.
March 13, 2012 |
Twitter is taking the San Francisco startup Posterous under its wing. On Monday, the two companies announced that Twitter had purchased Posterous for an undisclosed amount of money and that the team that built the Posterous Spaces blogging platform would now be working on Twitter products. Spaces, a popular service in its own right with about 15 million users, won't be going away anytime soon in the takeover, Twitter and Posterous said. "Posterous Spaces will remain up and running without disruption," the two companies said in a statement.
February 15, 2012 |
Twitter is a dangerous place for movie stars, famous athletes and other public people. The average person might feel shame after impulsively tweeting a borderline insane rant against an airline after being asked to stop playing Words With Friends during takeoff -- but when a celebrity does it, (Alec Baldwin), it becomes a national news story, and an official, publicist-approved apology must be issued. We've been seeing a lot of those official apologies over the last few months as public people from across the entertainment spectrum have found that despite the 140-character limit, the tweeting of a dumb joke, a thoughtless observation or an impulsive can have a big impact.