Tech

Twitter Is Shutting Down Posterous, A Site For Blogging

[credit provider=”By khawkins04 on Flickr” url=”http://www.flickr.com/photos/khawkins04/5476143309/sizes/z/in/photostream/”] Posterous, a blogging service acquired by Twitter last year, is shutting down at the end of April.When Twitter acquired Posterous, the information-sharing network made it clear that it was buying the company for the team, not the product.
Twitter Is Shutting Down Posterous, A Site For Blogging
Tech

BlackRock Buys A Stake In Twitter From Employees

[credit provider=””>Matt Rosoff Business Insider”] As Twitter slowly prepares for a public offering, BlackRock, the money-management firm, is taking a small stake in the company by buying shares from early employees.The Financial Times reports that BlackRock is spending $80 million for a little under 1 per cent of the company, […]
BlackRock Buys A Stake In Twitter From Employees
Tech

Twitter Is Now Trading At $11 Billion On The Private Markets

[credit provider=”CNBC”] A new report by Greencrest Capital says Twitter is prepping for an IPO—not this year, but likely in 2014.That squares with what Twitter chairman Jack Dorsey told CNBC late last year: The company is getting ready for an initial public offering at a time of its choosing.
Twitter Is Now Trading At $11 Billion On The Private Markets