InfoAnda - Twitter snags new investment, backers

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Rights group calls for release of Syrian activist | 18 December 2010
Lebanese billboard beauty sparks ugly election row | 11 May 2009
China to mark anniversary coin with 2 more coins | 22 June 2009

Slowing price fall raises Europe recovery hopes | 1 September 2009

Forum Views () Forum Replies ()

Read more with google mobile : Twitter snags new investment, backers | Technology |

My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > Technology > Article Home Business & Finance News U.S. Politics International Technology Internet Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Twitter snags new investment, backers Fri Sep 25, 2009 2:18pm EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By Alexei Oreskovic SAN FRANCISCO (Reuters) - Twitter closed a new round of funding on Friday with five investors including mutual fund giant T. Rowe Price and private equity firm Insight Venture Partners, underscoring growing investor interest in the three-year-old Internet microblogging service. Twitter did not disclose the amount raised in Friday's round, or the valuation that it indicated, describing it only as a "significant round of funding" on the company's official Web blog. On Thursday, media reports said Twitter was raising $100 million in a round of funding that pegged its valuation at $1 billion. Twitter, which lets people send short, 140-character text messages to groups of "followers," is one of the fastest-growing Internet social media companies. Worldwide visitors to its site hit 44.5 million in June, up 15-fold from a year earlier, according to comScore. But Twitter has yet to figure out how to make money from the free service. Executives have cited premium features and advertising as key initiatives to make money, though co-founder Biz Stone told Reuters this week that Twitter would not take advertising this year, despite widespread speculation that it would. "It is important to us that we find investment partners who share our vision for building a company of enduring value," wrote Twitter CEO Evan Williams on the blog, noting Twitter closed the round "a few hours ago." The participation of T. Rowe Price, a mutual fund known more for investments in public companies than in start-ups, stirred speculation that Twitter could be moving toward an eventual public offering or acquisition. Some analysts believe Twitter could eventually be acquired by one of the established Internet companies such as Google Inc, Yahoo Inc or Time Warner Inc's AOL. Earlier this year, Google CEO Eric Schmidt called Twitter a "poor man's email." San Francisco-based Twitter said the latest funding round included T. Rowe Price and Insight Venture Partners, as well as existing backers Institutional Venture Partners, Spark Capital and Benchmark Capital. The company has said in the past that it intends to remain independent. Past investors included Benchmark Capital, Union Square Ventures, Charles River Ventures and Bezos Expeditions, which manages Amazon.com chief Jeff Bezos' personal investments, according to ThomsonReuters data. A February round of funding, led by Institutional Venture Partners and Benchmark Capital, had valued Twitter at about $250 million. The pair jointly invested $35 million in Twitter during that round. A Twitter representative was not immediately available for comment. "This round shows that Twitter is committed to build the company into something special," Spark Capital General Partner Todd Dagres said in an email. (Reporting by Alexei Oreskovic; Editing by Andre Grenon and Richard Chang) © Thomson Reuters 2009 All rights reserved Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: AT&T: net neutrality should apply to Web firms too Also On Reuters Full Coverage: G20 Summit In Pittsburgh Video Video: You can be green and still live in luxury Full Coverage: Global M&A Review More Technology News AT&T: net neutrality should apply to Web firms too Vanguard readies iPhone app as fund firms go mobile RIM seen facing increased market-share pressure EU seeks to ensure Microsoft ballot offers choices Rossellini ponders how to make online video pay More Technology News... More News Twitter close to $100 million funding: report Thursday, 24 Sep 2009 06:05pm EDT UPDATE 3-Twitter close to $100 million funding-WSJ Thursday, 24 Sep 2009 04:36pm EDT Editor's Choice Slideshow A selection of our best photos from the past 24 hours. Slideshow Most Popular on Reuters Articles Video UPDATE 1-Illinois man charged in plot to bomb federal offices Former Manson cult member Atkins dies in U.S. prison Randy Quaid, wife arrested over unpaid hotel bill U.S. terror suspects accused of targeting Marine base Man sues BofA for "1,784 billion, trillion dollars" Obama accuses Iran of building secret nuclear plant SNAP ANALYSIS: New world economic order takes shape at G20 RPT-Man sues BofA for '1,784 billion, trillion dollars' Q+A: Why is China opposed to raising pressure on Iran? UPDATE 3-Boeing may offer US Air Force two tankers Most Popular Articles RSS Feed Video Obama's G20 test Water on the moon? Eco-living goes posh 3D holograms go tactile Protesters, police clash at G20 Ahmadinejad in New York Police and youths clash in Athens Obama chides Iran over nuclear plant Gold treasure found in UK field Record 8.7kg baby born in Indonesia Most Popular Videos RSS Feed interview Google CEO says deals "on again" Google Chief Executive Eric Schmidt said acquisitions are "turned on again" at the Internet company and expects to do one small deal a month instead of hiring new staff. Full Article Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Labs | Journalism Handbook | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Saturday, 26 September 2009
Iran must open nuke site, US, world chiefs demand
Kasparov beats Karpov in chess legends' rematch
Nokia caught up in Brazil brand name row
IAEA may inspect new nuclear site: Iran president | International |
BBVA sells 1 bln dlrs of property to Deutsche Bank
Bin Laden demands Europe withdraw Afghanistan troops | International |
Abbas says Israel freeze of settlements a must | International |
Waze turning road warriors into map builders
Swine flu vaccines win approval
Zelaya demands presidency as U.N. condemns Honduras | International |
Western leaders warn Iran over nuclear site
US durable goods orders slip in August
Kuwait censors 'terror' blogs
German election race narrows amid security threat | International |
Olmert graft trial opens in Jerusalem
French banks sue for billions over Lehman collapse
RIM seen facing increased market-share pressure
Olmert graft trial opens in Jerusalem | International |
Text of Obama, Sarkozy, Brown statements on Iran
EU seeks to ensure Microsoft ballot offers choices
Judge agrees to delay Google book case hearing
New Confucius family tree hits two million
Israel's ex-PM goes on trial on corruption charges
Iraq detains 109 in jail break investigation
Nokia caught up in Brazil brand name row
AEG president: Jackson movie should clear co. name
West demands access to Iran's secret nuclear plant
Sarkozy gives Iran December deadline
Twitter snags new investment, backers | Technology |
AT&T: net neutrality should apply to Web firms too | Technology |
Vanguard readies iPhone app as fund firms go mobile | Technology |
Rossellini ponders how to make online video pay | Technology |
China indicts 21 people in July ethnic violence
Coroner: 'Fed' written in pen on Ky. Census worker
Fresh bailouts for smaller banks being weighed
5 US troops killed as debate grows over Afghan war
Afghan war commander submits troop request
Second suspect charged in shooting of 4 NJ cops
Ohio AG to probe county auditor in Cleveland
Northern Afghan violence undercuts US supply route
China dismisses punishment for Iran nuke facility
1 in 10 suspect Afghan ballot boxes face recount
House Democrats considering insurance tax
AP NewsAlert
Kazakh media complain after probe shuts press
House passes bill to prevent government shutdown
Teens with own cars have more crashes, study finds
Utah gov backs limits on nonresident gun permits
China charges 21 over Xinjiang unrest: state media
Judge considers possible Elizabeth Smart testimony
Taiwan stops visit by Uighur leader
Indonesians oppose militants' burial plans
Sony's PS3 outsells Wii fivefold in Japan: survey
Emmy-winning actor to lead Hollywood union
Amid weakness at home, Ford, Toyota turn to China
Stability of US dollar key to global recovery: China
EU charges of pork protectionism 'groundless': China
Yen climbs after Japan minister's G20 remarks
First exhibition by Horia Damian in Romania since he left in 1946
Tajik migrants divorce by SMS, causing grief at home
Rossellini ponders how to make online video pay | Entertainment |
Bijou Phillips knew Mackenzie had sex with father
Croatia backs down on smoking ban
Mayor bans burqa in Italy spa resort
Sony's PS3 outsells Wii fivefold in Japan: survey
Families to collect Indonesian militants' remains
Warhol gives leaders' wives 15 minutes of provocation
Poverty gap widens in SAfrica: report
Castrati honored in opera star Bartoli's new album
Top British chef apologises to ill diners
Pump down the volume, EU to tell MP3 makers
German leaders appeal for votes as race tightens
Twitter gets new round of funding, new backers
Obama demands Iran come clean on nuclear program | International |
Taliban threatens Germany ahead of vote: official
Key sites in Iran's nuclear program
Defamation trial of Estemirova rights group chief opens
Five US soldiers killed in Afghanistan: NATO
Affluent and urban drawn to online social networks: Nielsen
US auto safety group wants to curb gadget use by truckers
Six killed in truck bomb attack in Pakistan | International |
Russia won't put missiles in Kaliningrad: Medvedev | International |
Google digs deeper into Internet search results
AT&T looks to flip net rules debate on Google
Koreans, split by war for 56 years, meet to say goodbye | International |
Twitter gets "significant" new funding
China lays first charges over Xinjiang riots | International |
Libya's Gaddafi met Lockerbie bomb victim relatives | International |
Vanguard readies iPhone app as fund firms go mobile
German election race narrows amid security threat | International |
Google says its voice service should not be regulated
Crime problem weighs on Bangladesh government | International |
US auto safety group wants to curb gadget use by truckers
Zelaya demands presidency as U.N. condemns Honduras | International |
Attorney: Anti-Iraq officer resigning from Army
Ahmadinejad: Iran is not violating IAEA rules
Oral Roberts inaugurates 3rd university president
Daughter of slain heiress believed dead in NY
Southern California wildfire 85 percent contained
Myanmar's Suu Kyi gives backing to U.S. engagement
AP sources: Guantanamo might not close by January
Twitter gets new round of funding, new backers | Technology |
Man convicted in death of father left to rot
Dozen killed in two bomb attacks in NW Pakistan
Anguilla native to be Gitmo jail deputy commander
China lays first charges over Xinjiang riots
Clinton unveils US food security initiative
Koreans, split by war for 56 years, meet to say goodbye
S Koreans head to N Korea for reunions
Indonesia corruption body under attack: activists
S.Korea: North must face "no choice" but to shed nuclear arms
Uighur leader disappointed by Taiwan
US names NKorea human rights envoy
China dismisses punishment for Iran nuke facility
Myanmar's Suu Kyi eases stance on sanctions
Pakistani c.bank buys 40.4 bln rupees of govt paper
Noodle giant plans secondary listing in Taiwan
IMF raises 2010 global growth forecast to 3 pct
Re-born G20 lays out bold financial reforms
New PM tells world Japan committed to recovery
Global economic rebound 'not solid': Chinese president Hu
"Beautiful Life" ends after two episodes
Rome film festival to showcase Clooney, Streep
Jackson lost will to live, confidante says | Entertainment |
Seth Rogen gets dream role: 'Simpsons' writer
US-ENTERTAINMENT Summary
Flaming Lips dial down the whimsy on "Embryonic"
Beautiful Life ends after two episodes | Entertainment |
Seth Rogan gets dream role: `Simpsons' writer
Families identify Indonesian militants' remains
"Beautiful Life" ends after two episodes
Flaming Lips dial down the whimsy on Embryonic | Entertainment |
NY film festival kicks off with Resnais film
NY film festival kicks off with Resnais film | Entertainment |
Photos capture America's essence from road, air
Jackson lost will to live, confidante says
Rome film festival to showcase Clooney, Streep
US Navy looks at letting women serve on submarines
Obama accuses Iran of evasion before Geneva talks
No 'perfect' answers in Afghanistan: Obama
Ahmadinejad dismisses anger over new nuclear site
McChrystal troops request shelved pending review | International |
U.S. drone crashes into Iraq political party office | International |
Typhoon batters northern Philippines | International |
Merkel, Steinmeier in final push for German votes | International |
Turks pay final respects to Last Ottoman | International |
Madagascar government to protest at UN rejection | International |
Suicide bombs kill 16, wound about 150 in Pakistan
Koreans separated for more than 50 years reunite
Residents reject referendum on first Taiwan casino
Obama offers Iran `serious, meaningful dialogue'
Ex-wife: DC sniper said 'you have become my enemy'
Pakistan court session on Mumbai attacks delayed
Gadhafi meets with Lockerbie family members in NYC
Analysis: Wrestling with how to talk about race
China tells Myanmar to protect Chinese residents
Where's Palin? Big bucks for speech in Hong Kong
Thousands flee heavy Philippines rain, flooding
'10 dead, missing' as storm hits Philippines
Conan O'Brien hits head during 'Tonight' stunt
CW's 'Beautiful Life' axed after just 2 airings
Myanmar's Suu Kyi eases sanctions stance
Guests on Sunday news shows
Hong Kong publisher to issue banned China book
Tweeting Ugandan gorillas make friends online | Technology |
Bombs kill 15 in Pakistan towns: police
Japan sticks to G8 despite shift to G20
Keillor to host 1st 'Prairie Home' since stroke
Renowned Spanish pianist de Larrocha dies at 86
Works of Edward Hopper on display in Netherlands
Malaysian Muslims rock at Black Eyed Peas concert
AP NewsAlert
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01