Twitter to serve up more ads as mobile usage explodes but company still has no timeline for IPO

Real-time information network Twitter plans to serve up more of its tweet-based advertisements to users as it ramps up for a potential IPO in 2012, although CEO Dick Costolo says the microblogging platform has not set a timeline and will only go public on its own terms.

Twitter has more than 200 million registered users and mobile usage is growing by 40% per quarter, the company says, and sees 400 million unique visitors monthly, already up 60% from the year's start.

However, only half of Twitter's users log on daily (although that's still much better than Google+).


San Francisco, California, United States

Twitter is a privately funded startup with offices in the SoMA neighborhood of San Francisco, CA. Started as a side project in March of 2006, Twitter has grown into a real-time short messaging service that works over multiple networks and devices. In countries all around the world, people follow the sources most relevant to them and access information via Twitter as it happens—from breaking... more

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Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more

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