Twitter has the potential to vastly improve as a tool for real-time news and information, according to co-founder and current board member Evan Williams.
Twitter shares plunged to new lows Tuesday, under pressure after the expiration of the so-called lockup period, which banned sales by company insiders after its public offering.
Twitter co-founders Jack Dorsey and Evan Williams and chief executive Dick Costolo have no short-term plans to sell their shares in the social network, according to documents released Monday.
Facebook on Monday confirmed that it has grabbed a hold of Branch, a social network that focuses providing online forums for insightful conversations.
Shares of Twitter went on sale to the public for the first time Thursday, instantly leaping more than 70 percent above their offering price in a dazzling debut that exceeded even Wall Street's lofty hopes.
Twitter co-founder Evan Williams, who sold blogging platform startup Pyra Labs to Google a decade ago, will cash in anew when the hot one-to-many messaging service hits Wall Street.
The personal fortune of Twitter co-founder Evan Williams probably will take up 10 characters once the online communications company goes public.
Twitter co-founder Jack Dorsey said Tuesday he has turned over most operations at the high-flying company as he devotes more time to his other venture, mobile payments firm Square.
A website launched by Twitter co-founders as a publishing platform for stories, memories and news was open Wednesday to members of the hit one-to-many text messaging service.
It's among the most recognized brands on the Internet and a bona fide cultural phenomenon, with as many as 400 million monthly users and a brand-new $800 million funding deal - one of the largest ever.