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The service is owned by the American company X Corp., the successor of Twitter, Inc. Twitter was created in March 2006 by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams, and was launched in July of that year. Twitter grew quickly; by 2012 more than 100 million users produced 340 million tweets per day. [7] .
Noah Glass, Evan Williams, and Biz Stone co-founded Odeo, later renamed Obvious Corporation, which then spun off Twitter, Inc. Dorsey became Twitter's Chief Executive Officer (CEO). [8] [24] As CEO, Dorsey saw the startup through two rounds of funding by venture capitalists. [25]
Oct 29, 2022 · Learn how Twitter evolved from a podcasting tool to a global social media platform, facing challenges and controversies along the way. Find out who owns Twitter now and how it became a private company again.
- David Gorton
- Gnip. Gnip was acquired by Twitter in 2014 in a cash and stock deal worth more than $134 million. The company was a social media application programming interface (API) aggregation company.
- Magic Pony Technology. Twitter acquired Magic Pony Technology in 2016 in an effort to improve its machine-learning capabilities. The London-based company developed neural network systems for image-related data expansion.
- TapCommerce. Twitter acquired mobile ad startup TapCommerce in June 2014. Reported by the media to have a value of about $100 million, the purchase helped Twitter improve mobile installation and engagement advertisements.
- TellApart. Twitter’s largest acquisition was a $479 million stock purchase to acquire TellApart in 2015. The digital advertising platform boosted Twitter’s advertising revenue generated by ads that resembled tweets and encouraged users to perform a certain action.
Jul 24, 2023 · Who owns Twitter? After buying Twitter for $44bn in 2022, Elon Musk took the reins of the platform and company and revolutionised it completely. From the introduction of Twitter Blue to the name changing to X Corp, many things have shifted...
Twitter, Inc. was an American social media company based in San Francisco, California, which operated and was named for its flagship social media network prior to its rebrand as X. In addition to Twitter, the company previously operated the Vine short video app and Periscope livestreaming service.
Nov 29, 2021 · Twitter's Jack Dorsey is quizzed by Senator Ted Cruz. Calls for his departure came in 2020 from Elliott management, an investment firm which owns a significant amount of Twitter's shares....
