Twitter’s IPO could now raise more than $2 billion.
Facebook’s stock is soaring after the company reported a 60 percent revenue increase in the third quarter thanks to mobile advertising growth. The numbers beat Wall Street’s expectations for the second quarter in a row.
Just ahead of their initial public offering, San Francisco-based Twitter is getting more visual. In a feature rolled out on Tuesday, the social network has a new look which embeds photos in user’s feeds.
A new study by Piper Jaffray shows the fickle habits among U.S. teens and social networking sites. When asked which social network was most important to them, 23 percent of teenagers picked Facebook, down from 42 percent last year.
Twitter says it will sell more than 70M shares between $17 and $20 per share in its IPO .
Facebook is changing its settings so that those younger than 18 years old can post items that can be seen by the public.
Twitter is making a change to its site that will let users receive direct messages from people who aren’t following them back.
Twitter will be coming off its biggest quarterly loss in the past three years when the online messaging service brings its IPO to the New York Stock Exchange later this fall.
Facebook is getting rid of a privacy feature that let users limit who can find them on the social network.
People don’t just watch TV anymore; they talk about it on Twitter. From the comfort of couches, they share reactions to touchdowns and nail-biting season finales – and advertisers and networks are taking note.