Twitter could join stock market, say analysts

Twitter ends 2010 valued at $3.7bn after raising a further $200m in new funds which will take the microblogging platform “to infinity and beyond,” according to its chief executive Dick Costolo.

Twitter could become one of the first of a new generation of internet firms to join the stock market, according to analysts.

At $3.7bn, Twitter would be valued as highly as mainstream US media groups such as Gannett and The Washington Post Company.

(Source: MediaGuardian)

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“Before we all sink into a slough of digital dystopian despair, it might be worth considering this: is this a sign of the strength, not weakness, of revelatory journalism in the digital age?”


Charlie Beckett, director of POLIS at the London School of Economics, reacts to news that the UK government forced the Guardian into destroying hard drives that contained information leaked by Edward Snowden.


(Source: POLIS)

 

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