Twitter Articles

Twitter share prices skyrocket in the first trading day

  • 07/11/2013 at 23:04 by It's a Gadget Staff
  • News

Twitter BirdTwitter has seen a fantastic day on Wall Street following their debut as a public company, with their value opening at $45.10 per share.

A limited number of shares were offered at the beginning of the week as they prepared for their initial debut on Tuesday. At the time, the social network listed their price at an optimistic $26 per share. But within hours the price began to rise, reaching $50 at its peak before settling back at $45.10, a more than 70% increase in worth.

When first setting their worth projections last month, it was set at $1 billion. This was a number they only hoped to reach over time, and a tentative step of a company first going public.

Now, with the surge of value in their shares, the network is worth an estimated $25 billion, an astonishing 25 times the initial projection. In addition to this, co founders Ev Williams and Jack Dorsey have increased their personal wealth by billions of dollars, with Dorsey owning 23.4 million shares (estimates at $1 billion), and Williams 56.9 million shares (estimated at $2.5 billion).

+Continue Reading

Details on Twitter’s IPO released, showing current revenue and plans for the future

  • 04/10/2013 at 15:22 by It's a Gadget Staff
  • News

Twitter BirdLast month Twitter filed a secret request with SEC to go public. Now the details of those filings are starting to emerge, including the plan they have to eventually reach $1 billion.

According to documents filed with the Security and Exchange Commission, Twitter has been gaining revenue at a very fast rate in the last two years. However, they are still losing money and have reported no profits.

Their ad revenue since 2010 has gone from $28,278 to 2013’s earnings of $253,635. While that is a steady increase over the course of that period, they have a long way to go to reach the eventual $1 billion revenue they hope to generate with their switch to public company.

Right now, Facebook holds the majority for advertising on the web. However, that is mostly through desktop specific ad sales. The mobile web market is wide open and growing. Already, Twitter has reported that 65% of their ad revenue is coming from mobile advertising and marketing. Which shows that the way forward is almost certainly going to be in that area, working to become the primary primary platform for mobile and tablet ads.

+Continue Reading

Twitter SEC request for IPO means business

  • 13/09/2013 at 18:02 by It's a Gadget Staff
  • Technology

Twitter BirdTwitter announced yesterday that it is going public, filing a secret IPO request with the SEC that will turn it into an official business.

Since starting in 2006 as a side project for what was meant to be a podcast, Twitter has really made a name for itself. Not only was it the first highly popular micro blogging site, but it has had a hand in establishing a number of social media standards.

We can thank Twitter for the prevalence of the hashtag after it was adopted from IRC channels to connect posts. We can also look to their unique algorithm and live update format for the way many sites are run today. Even Google adapted their services for a time to better use Twitter prior to their Google+ launch. But mostly, it formed a new social element to the industry of online business and marketing that has changed everything.

+Continue Reading

Facebook, Flickr and others spying private text messages ?

  • 27/02/2012 at 21:34 by It's a Gadget Staff
  • News

Smartphone SpyLast weekend has seen a plethora of claims that the most popular smartphone apps have free ranging access to much of the phone user’s data, including but not limited to text messages. The frightening thing is that this access is possible even when the phone is not in use.

Now everyone wants to hang app developers and store operators. Big named services are being used to take advantage of phone users – the likes of Twitter, Facebook, YouTube, and Flickr, among others. All of your personal information on your phone is vulnerable to many of these apps.

It has been reported that these vulnerabilities plague both iPhone and Android phones. However, it is unclear whether these breeches in privacy appear due to active access of data by applications developers have designed for this purpose or the security designs are simply so grossly flawed.

+Continue Reading

WikiLeaks backers fight to keep their Twitter information from prosecutors

  • 08/01/2012 at 15:01 by It's a Gadget Staff
  • News

WikiLeaksMany people heard of Bradley E. Manning, a United States Army Soldier, who was arrested back in May of 2010 for passing classified military information to Wikileaks. He had a total of 22 charges laid against him because he released information that he had downloaded from SIPRNet (Secret Internet Protocol Router Network). This information was on a variety of sensitive topics such as Afghan war documents, Iraq War documents, Reykjavik13, and even a video now known as the Collateral Murder video. All in all over 251,287 U.S state department cables were filtered through Assange to Wikileaks.

After leaking the massive amount of information Bradley E. Manning was subsequently discharged and then detained – now awaiting trial for over 22 different charges but the United States government doesn’t stop there. On top of prosecuting Manning, they are also going after several WikiLeaks backers who had helped Manning.

+Continue Reading

Facebook was the Most Searched US Term in 2011

Facebook SearchOut of the 1,000 top search terms throughout this past year, Facebook was #1 in the U.S. It is the third year running, and a 46% increase over 2010, coming in at 3.10% of all searches for 2011. If you include variations on the term facebook that occurred in the top 10, the percentage is 4.42, and is only a 24% increase over the 2010 results.

Youtube jumped from third to second between 2010 and 2011. Facebook login followed in third place. Fourth was craiglist, followed by facebook.com.

Clearly, social networking phrases were most dominant for 2011, as could be seen by their piece of the pie: 4.18 percent of the total 50 top search terms, a 12 percent increase over 2010.

+Continue Reading

LulzSec Hackers are targeting CIA

LulzSec targets CIAThe hacker group LulzSec has attacked once again. This time it wasn’t Sony, but the very same CIA website. According to  a report by Reuters, this is the second time that the group hacks a government site. LulzSec made it public through their Twitter account that they were the ones responsible for the attack, and that they had the opportunity to even download information from the site.

On the other hand, the CIA announced that fortunately they have been a step ahead from LulzSec, and that so far they haven’t been able to get a hold of important information. The CIA has been able to block the group from the principal Senate network.

+Continue Reading