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Snapchat’s $10 Billion Valuation ‘Not Absurd’ Says Twitter CEO

Snapchat’s $10 Billion Valuation ‘Not Absurd’ Says Twitter CEO

By Josh Wolford August 27, 2014

Reacting to the news that ephemeral messaging app Snapchat was moving fast toward a $20 million investment from Kleiner Perkins at a $10 billion valuation, Twitter CEO Dick Costolo is defending it – calling it “not absurd.” “Crazy growth, clear …

Twitter Gets Closer To Ecommerce Twitter Gets Closer To Ecommerce
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Soon, businesses may be able to sell products directly on Twitter as the company is reportedly in the final stages of making a deal with payments startup Stripe. This according to Re/Code, citing people familiar with the deal, which is …

Buxom Beer Wench Graces Ladies' Room at Twitter HQ Buxom Beer Wench Graces Ladies' Room at Twitter HQ
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When your company is under fire for its lack of women in leadership roles, and your CEO makes a pretty ill-advised response to said criticism, the last thing you want to be doing is promoting anything – anything that could …

Twitter's User Growth Comes Into Question Twitter's User Growth Comes Into Question

Now that Twitter has announced its filing for a planned IPO, we can all expect the scrutiny knob to be cranked up to the max. This is no doubt why Twitter has gone the confidential route, but that doesn’t mean …

Twitter CEO Commits Minor NCAA Recruiting Violation Twitter CEO Commits Minor NCAA Recruiting Violation

When the top wide receiver prospect in the country decided to commit to the University of Michigan on Saturday, Twitter CEO Dick Costolo was excited. He was excited because he’s a University of Michigan man through and through. Not only …

Twitter Previews Likely Coming Video Sharing Feature Twitter Previews Likely Coming Video Sharing Feature

Last fall, Twitter acquired video creation and sharing company Vine for an undisclosed amount. Now, a day after Twitter announced the launch of enhanced Tweet embeds, which support videos, Twitter CEO has tweeted out a video using Vine (via TechCrunch). …

Twitter Mobile Revenue Doing Better Than Web Twitter Mobile Revenue Doing Better Than Web

At time when Facebook’s potential to generate revenue from its mobile platform is largely uncertain, one of the company’s social media contemporaries seems to be doing just fine with the mobile market. Twitter CEO Dick Costolo told a group at …

Twitter Could Be More Valuable Than Facebook Twitter Could Be More Valuable Than Facebook

There’s something to be said about keeping it simple, and that may be the keystone to the house of Twitter’s long-term sustainability. Rory Sutherland, the influential advertiser that helped mold Microsoft into the global tech giant it is today, expects …

No Twitter IPO For A Couple Years Says CEO No Twitter IPO For A Couple Years Says CEO
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Now that Facebook has taken the plunge and filed their S-1 documents, much of the attention has been redirected to Twitter. It’s not like discussion about a possible Twitter IPO is anything new, it just seems to have intensified since …

Twitter CEO: Don’t Worry About Censorship Twitter CEO: Don’t Worry About Censorship

Twitter users are pretty angry over the company’s new censorship policy. Twitter’s CEO thinks you worry too much. PC Mag is reporting that Twitter’s CEO Dick Costolo spoke Monday evening at the “Dive Into Media” conference hosted by All Things …

Can Twitter Beat Facebook and Google+? Can Twitter Beat Facebook and Google+?
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As you might imagine, there’s been a lot of talk about social networks at the Web 2.0 Summit, and particularly the escalating three-way battle among Facebook, Google and Twitter. While Google and Facebook have had their fair share of announcements …

Twitter Mobile Users On The Rise Twitter Mobile Users On The Rise

Earlier this week, it was revealed that Twitter passed the 100 million active users plateau. While the overall amount was impressive, a nugget of information contained within demonstrates just how dominate the mobile device industry has become. According to the …

Twitter Shares User Stats, Including 100 million ACTIVE Users Twitter Shares User Stats, Including 100 million ACTIVE Users
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Twitter revealed a number of stats today, showing off the influence it has over various walks of life and the media at large. The post complements a “State of the Twitter” talk CEO Dick Costolo gave today where he is …

Twitter is Thinking About Commerce Twitter is Thinking About Commerce
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It appears that Twitter has some new money-making ideas in mind for the future. This is hardly surprising, given that its monetization strategies have been heavily questioned for years now. The company has been much more advertising focused in recent …

Twitter CEO Wins Silicon Valley Popularity Contest

If a company’s success can be linked with its CEO’s popularity, then Twitter is going to have a very bright future.  New rankings concerning Silicon Valley CEOs are out, and Dick Costolo, who replaced Twitter cofounder Evan Williams in October, came in first place.

It’s of course possible to like a clueless person or respect someone who’s a jerk, so we’re not really suggesting anyone put too much stock in these findings.  Still, they may at least influence how well different companies can hold onto talented employees.

Rumor: Steve Ballmer, Dick Costolo Met For Breakfast
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Brace yourself for another round of rumors about acquisitions, partnerships, and funding possibilities.  Steve Ballmer and Dick Costolo supposedly met for breakfast this week, and it’s a rare person who will imagine all they discussed was the fat content of donuts.

To be fair: no one’s claimed that they observed the CEOs of Microsoft and Twitter signing a single document or even talking shop.  Plus, the source of the rumor hasn’t been cited.

Dick Costolo Appointed CEO Of Twitter
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Almost exactly 13 months ago, Dick Costolo joined Twitter as its COO after founding FeedBurner and working at Google.  Now he’s received a considerable promotion, with Evan Williams announcing that Costolo will serve as Twitter’s CEO.