Twitter Inc. says it has raised another large amount of money to finance its operations until its management figures out how to make money from one of the Internet’s hottest communication tools.
CEO Evan Williams didn’t specify a dollar figure in a Friday blog posting.
Both The New York Times and The Wall Street Journal have reported that Twitter planned to get $100 million in a deal valuing the 3-year-old company at $1 billion — even though it has no meaningful revenue.
Twitter has attracted 54 million users, who use the service to share their thoughts, Web links and other information in messages no longer than 140 characters. Before the most recent round of investment, the San Francisco-based company had already raised $55 million.
Related Posts
The rise of adaptive displays: How Lenovo is redefining productivity & play
"If you look at the history of displays, they have always been passive surfaces that simply rendered whatever the device sent to them," says George Toh, Vice President and General Manager of Lenovo’s Visual Business Unit. "What is changing now is that screens are becoming adaptive interfaces that react to what the user is doing in real time.”
Here’s what happened to your Gmail inbox over the weekend
Gmail features a sorting system that automatically moves fluff like newsletters, promos, and non-urgent updates into separate tabs, keeping your Primary inbox clean and focused on what matters. On Saturday morning, this system stopped working as expected. Instead of organizing emails, Gmail dumped all incoming emails into the main inbox, and some users even saw warnings that certain emails had not been scanned for spam.
Your iPhone’s Siri upgrade may be tied to iOS 26.4
The upgrade is supposed to move Siri past simple voice commands and generic answers. The assistant should be able to draw on personal data and what’s on your screen to complete tasks, which is the kind of everyday help Apple has promised for years.