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Twitter, Inc. was an American social media company based in San Francisco, California, which operated and was named for its flagship social media network prior to its rebrand as X. In addition to Twitter, the company previously operated the Vine short video app and Periscope livestreaming service.
The original idea is attributed to Jack Dorsey, and called the status concept. [4] 2006: Early March: Creation: The name Twitter (spelled twttr at the time and using a green site logo [5]) is chosen for the service. The idea for the name is attributed to Noah Glass. [6] [7] 2006: March 21: Creation: Twitter is officially set up and Jack Dorsey ...
Twitter spun off into its own company in April 2007. [13] Williams provided insight into the ambiguity that defined this early period in a 2013 interview: [14] With Twitter, it wasn't clear what it was. They called it a social network, they called it microblogging, but it was hard to define, because it didn't replace anything. There was this ...
Following months of endless twists and turns, the $44 billion Twitter saga has finally come to an end and the "bird is freed," as Elon Musk tweeted on Oct. 27. The New York Stock Exchange has...
Twitter’s stock dropped as much as 12% at the market open Jan. 11, before paring losses somewhat to stand at -5% by 1 p.m. ET. The decline comes after Twitter shares had a 37% run-up in the last ...
The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source ...
The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
Twitter’s Market Cap: $31.34 Billion. Investors use market capitalization, or market cap for short, to gauge a company’s worth, and the market cap is just all the company’s stock combined ...