Thursday, September 12, 2013

Twitter Announces Plans For Initial Public Offering

(NICHOLAS KAMM/AFP/GettyImages)SAN FRANCISCO (CBS/AP) – Twitter is going public. The short messaging service says it has filed confidential documents for an initial public offering of stock.
San Francisco-based Twitter Inc. posted on its official Twitter account that it has “confidentially submitted an S-1 to the SEC for a planned IPO.”
Twitter’s IPO has been long expected. The company has been ramping up its advertising products and working to boost ad revenue in preparation.


No comments:

Popular Posts