The British software engineer who sent the world's first text message 20 years ago said on Monday that he is amazed at how the technology has developed.
International Monetary Fund chief Christine Lagarde urged the Philippines on Friday to tax mobile phone messages to shore up state funds in a country sometimes called the world's text message capital.
Global telecom operators are expected to have lost $23 billion in SMS revenues by the end of 2012 as smartphone users shift to free messaging applications, an industry report said Thursday.
Over 500 million people are on micro-blogging site Twitter and Americans and Brazilians are the most connected, according to a study by social media monitor Semiocast released Monday.
Twitter Inc. Chief Executive Dick Costolo said the short message social network has a "truckload of money in the bank" and would remain a private company for as long as it wants.
Text messaging, the simple telecoms service that turned into a global phenomenon, is under threat from free smartphone services and operators need to find alternative revenue streams, analysts say.
The popularity of Twitter has soared in the Arab world over the past year, a study published Thursday revealed, reflecting the key role of the social networking site in the "Arab Spring" revolutions.
South Korean student Hwang Jin-Joo no longer sends text messages to his extensive circle of friends, he "KaTalks" them.
Twitter is raising hundreds of millions of dollars in new funding at a valuation as high as $7 billion, The Wall Street Journal reported Tuesday.
(AP) -- Twitter is trying to make it quicker and easier to track the world's most interesting people on its short-messaging service.