Posts Tagged ‘Twitter’

Twitter to raise funding at $1 billion valuation?

Twitter is attempting to raise funding at a $1 billion valuation, according to a TechCrunch post Wednesday.

The blog cited unnamed sources claiming that Twitter CEO Evan Williams announced the valuation in a recent meeting. According to TechCrunch’s sources, Twitter plans to raise about $50 million during the financing round. The company has already raised about $55 million in funding.

Twitter hasn’t immediately responded to requests for comment.

In February, Twitter co-founder Biz Stone announced in a blog post that his company raised approximately $35 million in a Series C round of funding led by Benchmark and Institutional Venture Partners. At the time, it was reported that Twitter’s valuation for the round was about $250 million. Assuming that both reports are true, Twitter is contending that it’s now worth four times as much as it was just seven months ago.

Of course, determining the real value of a company is a subjective practice. And most times, those figures change rapidly as economic factors impact the company’s operation.

Twitter, which has yet to turn a profit, still hasn’t implemented a profit-making business model. That could have a major impact on its valuation, regardless of the figure.

That said, Twitter co-founder Biz Stone said in an interview with VentureBeat last month that his company will implement a revenue model by the end of the year. He wouldn’t dig too deep into details, but he did say it would incorporate paid accounts for businesses that want to use the platform for marketing and customer relations.

But just how those paid accounts will impact Twitter’s growing user base is up for debate. Will companies go elsewhere to promote their brands? Will they pay Twitter’s fees? All that can impact the company’s real value.

So as Twitter possibly heads into another round of funding, it’s important to remember that valuations are fluid numbers that are easily changed. It’s also important to note that so far, Twitter hasn’t confirmed that $1 billion valuation. So maintain some skepticism, as we do, until we hear from Twitter.

Source :

http://news.cnet.com/8301-17939_109-10355207-2.html?part=rss&subj=news&tag=2547-1_3-0-20

Trapped kids update Facebook rather than ring police

Very much in the category of ‘you couldn’t make this up’ comes the news that two girls trapped in a storm drain in South Australia chose to update their Facebook status to get help – rather than ringing the emergency services.

The South Australian Metropolitan Fire Service has expressed worry that the two girls – ages 12 and 10 – chose to turn to social networking rather than ringing triple zero, the Aussie equivalent of 999.

Apparently the two girls found themselves lost in a drain in a surburb of Adelaide.

Fortunate

Fireman Glenn Benham told ABC News it was fortunate that someone was online and able to call emergency services when he saw the update.

“It is a worry for us because it causes a delay on us being able to rescue the girls,” he said.

“If they were able to access Facebook from their mobile phones, they could have called 000, so the point being they could have called us directly and we could have got there quicker than relying on someone being online and replying to them and eventually having to call us via 000 anyway.”

Surely they should have know that a Twitter update would have been WAY more effective. That’s a joke kids…

Source :

http://www.techradar.com/news/internet/trapped-kids-update-facebook-rather-than-ring-police-632661?src=rss

Fox retweets Fringe tonight

For more details click the link below.



http://www.fox.com/futurefox/blogs/index.php/2009/08/30/tweet-fringe-tweet-glee/?src=carousel_on_home_page

TweetSaver makes a personal archive of Twitter

I’m always intrigued by backup tools for Web services that don’t really need backup. TweetSaver is no exception. This paid service backs up (almost) everything you’ve ever posted to Twitter, along with private messages and replies from other users. It then adds an extra layer of utility on top of it, like a search tool that’s limited to just your messages, simple sharing options for each message, as well as a way to assign a tag to each tweet for categorization.

Of course the usefulness of all of this hinges on Twitter being down and/or somehow losing all of your data. However, based on Twitter’s uptime over the past year, you have to ask yourself if it’s worth the cost of $20 a year. That’s pretty steep considering there are some free Twitter backup solutions like TweeTake and TweetBackup that do many of the same things.

Full story :

http://news.cnet.com/8301-27076_3-10322626-248.html?part=rss&subj=news&tag=2547-1_3-0-20

Twitter : If @Break_com gets 12k followers, they will run down Wilshire Blvd. with a Naked Woman !

Ok Break.com’s  Twitter :

@Break_comAlright, the supes gave me the go-ahead: 12,000 followers by January and I’ll run with naked women down Wilshire. What to name it…?

So follow @Break_com if you want some public nudity !

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