TWITTER HAS FILED FOR ITS IPO
Here's the tweet:
In what appears to be a sracastic joke, Twitter immediately followed its announcement with this tweet:
The IPO filing had been expected. Twitter has clearly grown into a huge business - it's expected to do more than $500 million revenues this year and has taken more than $1 billion in funds from investors - and the rumors and chatter swirling around the company had reached a sort of fever pitch.
We noted earlier today that Wall Street and other observers all seemed to be behaving as if an IPO was expected.
The most recent tantalizing clue was the fact that Twitter CEO Dick Costolo declined to answer questions yesterday after giving a speech on leadership at Techcrunch Disrupt.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- IndiGo places order for 30 wide-body A350-900 planes
- Markets extend gains for 5th session; Sensex revisits 74k
- Top 10 tourist places to visit in Darjeeling in 2024