Monthly Archives: September 2013

Twitter files IPO, reveals revenue & much more

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Twitter Inc plans to make its IPO filing public this week, news website Quartz reported on Sunday, citing a person familiar with the social media network’s plan.

Twitter, which is expected to be valued at up to $15 billion, filed with U.S. regulators on September 12 to go public, but did so confidentially and without providing a timeline under a process available to emerging growth companies.

Quartz said that Twitter’s IPO could still be delayed by a variety of factors, from changes to the prospectus to market conditions, to a potential shutdown of the U.S. government. Representatives for Twitter did not immediately respond to a request seeking comment on the Quartz report.

Twitter is leaning toward picking the New York Stock Exchange over Nasdaq for its highly anticipated initial public offering, a person familiar with the matter said last week.

Another person familiar with the matter said earlier this month that Twitter aimed for its shares to trade in the stock market before the U.S. holiday of Thanksgiving on November 28, a timeline also reported by Quartz on Sunday.


Facebook testing ‘Similar To’ feature after users like?

Facebook continues to experiment with ways to entice its users to like more pages, with several users sharing screenshots over Labor Day weekend of a “similar to” module that appeared after users liked pages, suggesting similar pages.

The social network tested a similar feature on mobile in March, and a More Pages You Might Like module began appearing on the desktop version of Facebook in January after pages were liked.

Have you seen this similar to module?

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