Thursday, 12 September 2013

INQUIRER.net: Twitter announces, in tweet, plans for IPO

INQUIRER.net
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Twitter announces, in tweet, plans for IPO
Sep 12th 2013, 23:06

SAN FRANCISCO— Twitter announced Thursday, in a tweet, that it has submitted papers for the most hotly anticipated stock offering in the tech sector since Facebook's last year.   "We've confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale," the company tweeted.   Moments later, in typically breezy style, the company tweeted a picture of its staffers, and said: "Now, back to work."   Talk of an initial public offering has circulated about Twitter for some time, and the Wall Street Journal estimated the company founded in 2006 is worth some $10 billion.   Lou Kerner at ...

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