One of the hazards of signing up with a start up is that the stock they use to lure employees in usually can’t be cashed out until the company allows it. That’s been the case with Twitter for years now, and both employees and investors are getting antsy. But the social service’s new round of funding, reported to be around $800 million, will include $400 million just for cashing out stock options.
Twitter has made a lot of headway by having big-name celebrities use the service as a promotional tool. This is the verified account scheme that the social networking site rolled out last year. Although Twitter doesn’t make a lot of use of it anymore, we’re getting word that Google is looking to create a similar system for Google+.
Few could have known at the beginning that a platform allowing Internet users to post updates on what they're doing in 140-character chunks would turn out as popular as it has. Today there's no arguing the popularity of Twitter as a major social media tool, but lest you need some hard numbers, try this one on for size. According to an official Twitter blog post, there are now more than one million registered applications designed to work and/or integrate with Twitter.
For now at least, Twitter isn't in a mad rush to go public and watch its stock price soar in what some are calling the second coming of the dot-com bubble. But that doesn't mean the microblogging service is hard up for cash, either. On the contrary, Twitter is trying to finalize an additional $400 million in funding that, if successful, would value the company at around $8 billion, the New York Times reports. What is Twitter really worth?
Google+ is officially on the market, and it’s being released in small doses in the form of invites. Much like how Gmail was initially spread in beta, the invite only model creates a sense of exclusivity and belonging. Facebook also used this method to market their network to college students, and eventually became part of the global definition of social media. Whether Google+ mirrors this success is anyone’s guess, but until that time it is time to get to know the features.
Over the weekend, Google’s experimental Realtime Search page mysteriously vanished, and now we know why. It tuns out that the search giant’s deal with social networking service Twitter expired, leaving Realtime with a real lack of data. Google says the feature will be coming back, but has not said when or in what form.
In case you're not a sports a fan, or at least not a fan of the NBA, here's the prerequisite information you need before reading ahead. The NBA and the NBA Players Association failed to hammer out a new collective bargaining agreement (CBA) last week to replace the one that expired, and the NBA decided to lock out its players, forcing a work stoppage. What's interesting about this, and relevant from a technology perspective, is that webmasters had to remove all images and videos of NBA players from team websites, almost as if the players no longer exist.
Travel back in time to January 2009 and you'll discover that Twitter users were sending out 2 million tweets a day. Fast forward to today in which we're halfway through 2011, and users on Twitter are now hammering out 200 million tweets each day from their PCs, tablets, and mobile phones, the microblogging service announced in a blog post.
In this latest edition of As the Hacking World Turns, the hacker group known as Lulz Security (LulzSec) celebrated its 1,000 twitter post, issued a long-winded mission statement that boils down to the group saying, "we do things just because we find it entertaining," and the announcement that it's teaming with Anonymous, another hacking organization, to effectively declare war on "any government or agency that crosses their path."
If you’re anything like us, you use Twitter and Facebook multiple times day to check in with friends, share your life and discover what’s happening in the world outside your cubicle. A few of you might even be using them as a result of being in that cubicle--leveraging the power of social media to inform the unwashed masses of what products or services your business provides. No matter what you shout from the social media mountain tops, Klout--our Cool Site of the Week--will tell you whether anyone is actually listening.