Dick Costolo

When Facebook acquired Instagram for US$1-billion, some felt that Twitter had missed out on the opportunity of a lifetime. Despite this, the social network says it isn’t about to go shopping for a photo-sharing app of its own.That people felt Twitter had missed out is hardly surprising when you ...

Twitter adverts have, to date, been the preserve of established brands. And it’s been good for them. Now the social network will be making them available to small businesses.The social network claims that small business users will now be able to purchase ads through an automated system, much like ...

Twitter’s ad-revenue is set to hit US$540-million by 2014 -- triple its current value. That’s according to research from marketing analysis firm eMarketer.The news comes fresh on the back of Twitter CEO Dick Costolo claiming that the social network is "not a media company". Costolo made the comments while ...

The launch of a major new version of Twitter’s service signals one important thing: Jack Dorsey is back. And Jack is in charge. His strength has always been in the "product" and up until now, there's been an obvious void at Twitter. In many ways, it was trying to do ...

In a blog post modestly titled "Your world, more connected" Twitter announced on Monday it has closed a deal for a "significant" round of new funding led by Russian investment company Digital Sky Technologies (DST).Twitter did not reveal the amount raised for the wildly popular real-time microblogging service but based ...

Twittter chief executive Dick Costolo has announced that in addition to its current money-maker, advertising, Twitter -- in keeping with its monetisation drive -- could potentially generate revenue from commerce.Speaking at the Fortune Brainstorm Tech conference Costolo also dismissed reports of management turmoil at the San Francisco-based company and said ...

A fresh round of investment cash pushed Twitter's market value up to US$3.7-billion dollars, with the number of people using the microblogging/lifestreaming/social networking (whatever you want to call it) service now at 175 million.More than 25-billion tweets were fired off during the past 12 months, with Twitter adding 100 million ...

The audience at Le Web in Paris was stunned last week when Jason Goldman, the beloved VP of Product at Twitter for the last four years, announced he is leaving the company.He tweeted afterward: “Thanks so much everyone at Twitter for the best job I could ever imagine. It's been ...