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Trending Live - Twitter - Netflix
Twitter () is an online news and social networking service on which users post and interact with messages known as “tweets”. Tweets were originally restricted to 140 characters, but on November 7, 2017, this limit was doubled for all languages except Japanese, Korean, and Chinese. Registered users can post tweets, but those who are unregistered can only read them. Users access Twitter through its website interface, through Short Message Service (SMS) or mobile-device application software (“app”). Twitter, Inc. is based in San Francisco, California, and has more than 25 offices around the world. Twitter was created in March 2006 by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams and launched in July of that year. The service rapidly gained worldwide popularity. In 2012, more than 100 million users posted 340 million tweets a day, and the service handled an average of 1.6 billion search queries per day. In 2013, it was one of the ten most-visited websites and has been described as “the SMS of the Internet”. As of 2016, Twitter had more than 319 million monthly active users. On the day of the 2016 U.S. presidential election, Twitter proved to be the largest source of breaking news, with 40 million election-related tweets sent by 10 p.m. (Eastern Time) that day.
Trending Live - Leadership - Netflix
As chief executive officer, Dorsey saw the startup through two rounds of capital funding by the venture capitalists who backed the company. On October 16, 2008, Williams took over the role of CEO, and Dorsey became chairman of the board. On October 4, 2010, Williams announced that he was stepping down as CEO. Dick Costolo, formerly Twitter's chief operating officer, became CEO. On October 4, 2010, Williams made an announcement saying that he will stay with the company and “be completely focused on product strategy”. According to The New York Times, “Mr. Dorsey and Mr. Costolo forged a close relationship” when Williams was away. According to PC Magazine, Williams was “no longer involved in the day-to-day goings on at the company”. He was focused on developing a new startup, and became a member of Twitter's board of directors, and promised to “help in any way I can”. In 2011, Stone was still with Twitter but was working with AOL as an “advisor on volunteer efforts and philanthropy”. In January 2014 Stone announced the release of Jelly, a 'social Q&A network for mobile'. Dorsey rejoined Twitter in March 2011, as executive chairman focusing on product development. At that time he split his schedule with Square (where he is CEO), whose offices are within walking distance of Twitter's in San Francisco. In September 2011, board members and investors Fred Wilson and Bijan Sabet resigned from Twitter's Board of Directors. In October 2012, Twitter announced it had hired former Google executive Matt Derella to become their new director of business agency development. Twitter named former Goldman Sachs executive Anthony Noto as the company's CFO in July 2014, with an “annual salary of $250,000 and one-time restricted stock options of 1.5 million shares ... valued at $61.5 million”. On June 10, 2015, Twitter announced its CEO Dick Costolo would resign on July 1, 2015. Noto was said to be considered a potential replacement for outgoing CEO Costolo. On October 14, 2015, former Google chief business officer Omid Kordestani became executive chairman, replacing Dorsey who remains CEO. On January 26, 2016, Leslie Berland, former executive vice president of global advertising, marketing, and digital partnerships at American Express, was named chief marketing officer. In November 2016, COO Adam Bain announced his resignation and CFO Anthony Noto took over Bain's role. A month later, on December 20, 2016, CTO Adam Messinger announced that he too was leaving.
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