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Using Twitter stock to fund the takeover, Twitter announced in July 2008 it had acquired Summize. Summize had six employees, all of whom joined Twitter except for Verdy. [1] The month of the acquisition, Twitter changed both its page for real-time searches and its search API to use Summize's product. [2]
In August 2010 Twitter announced a "significant" investment led by Digital Sky Technologies that, at US$800 million, was reported to be the largest venture round in history. [188] In December 2011, the Saudi prince Alwaleed bin Talal invested US$300 million in Twitter. The company was valued at US$8.4 billion at the time. [189]
X Logo used since 2023 [a] X homepage visited while logged out in January 2025 Formerly Twitter (2006–2023) Type of site Social networking service Available in Multilingual Founded March 21, 2006 ; 18 years ago (2006-03-21), in San Francisco, California, U.S. Headquarters Bastrop, Texas, United States Area served Worldwide, except blocking countries Owner Odeo (March–October 2006) Obvious ...
Twitter's director of business development explained that it is important to have Twitter content where Twitter users go. [48] On March 21, 2012, Twitter celebrated its sixth birthday by announcing that it had 140 million users, a 40% rise from September 2011, who were sending 340 million tweets per day.
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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 sends the first tweet. [8] 2006: July 15: Media coverage
Overall, history indicates that the buyback will have little impact on Microsoft's stock. While $60 billion sounds like a lot, it represents less than 2% of its shares outstanding and won't move ...
The Twitter Files are a series of releases of select internal Twitter, Inc. documents published from December 2022 through March 2023 on Twitter. CEO Elon Musk gave the documents to journalists Matt Taibbi , Bari Weiss , Lee Fang , and authors Michael Shellenberger , David Zweig and Alex Berenson shortly after he acquired Twitter on October 27 ...