2011年3月15日 星期二

On the financial end

South Florida and worldwide Twitter users have a reason to celebrate: The social networking site Twitter, platform for the exchange of short messages, celebrates its fifth anniversary this week, with the ambition to continue growing and revolutionizing Internet use. The Microblogging site now claims more than two-hundred million users. Jack Dorsey, Chairman of the Board for the California company, said Sunday on Twitter company genesis: "Five years ago today, we started planning Twitter. Eight days later, the first tweet was sent: I am trying to install my twitter," Jack Dorsey announced on March 21, 2006.

Mr. Dorsey had the idea of launching the one-hundred-forty-characters message service, originally designed for mobile phones, when working at partnership podcasts, Odeo, with two other Company cofounders, Biz Stone and Evan Williams. After that, Microblogger has grown steadily, claiming over two-hundred-million users; less than Facebook's five-hundred million users, but twice MySpace, the social network pioneer. The site allows a user monitoring and posting short messages in a text format, which show automatically every time he opens his Twitter page.

"One thing I told our team at the beginning was that if our venture became a success, it would not be just a technologically feat, but a victory for humanity," says Biz Stone, a Microblogging site cofounder. On the financial end, the site has long-favored growth and reputation rather than cash receipts, betting on advertising revenues through sponsored posts. Its popularity is high among investors who can buy shares in markets as informal as Second Markets. Recent press reports show revenues for the year stand at between four-and-half and ten-billion dollars with gross profits estimated at between one-hundred and one-hundred-fifty-million dollars.

"Here is a new way of communicating," says Biz Stone. In 2007, Company was out of confidentiality to the annual technophiles festival in Austin, TX. "It seemed we had created a way to communicate, regardless the device used, which could potentially transform modern communications," said Biz Stone. Today, Microblogger is used as information exchange  essential, in both, natural disaster context and mass movements shaking the Tehran regime and overthrowing Egypt and Tunis presidents, Hosni Mubarak and Zine el-Abidine Ben Ali.

Five months ago, Twitter brought before head manager, Dick Costoolo, the three founders, now with more distant relationships, keeping more strategic, inspirational and advisers' roles. Acquisition rumors by Google or Facebook surface often, quickly denied. For Biz Stone, Twitter is a way to stay in touch with life in all respects: "I went shopping at the supermarket the other day. I looked at my phone, found mixed messages from Evan, my mother, and people on the other side of the planet who descend: this triggered an empathy I would not watch on TV, and realized we are world citizens." Happy birthday, good luck, Twitter!

Continue reading on Examiner.com: Social Network Anniversary: Twitter celebrates five years - Miami Technology | Examiner.com http://www.examiner.com/technology-in-miami/social-network-anniversary-twitter-celebrates-five-years#ixzz1GefS9eJI

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