Connect to share and comment

Sina Weibo shares jump more than 25% after IPO

Shares of Sina Weibo, China's answer to Twitter, jumped more than 25 percent in initial trade Thursday, after a disappointing initial public offering on the US Nasdaq exchange. The offering on Wednesday was undersubscribed as Weibo's parent, the Chinese Internet giant Sina Corp, ran into a market jittery over both tech and Chinese company shares.

Twitter broadens advertising reach through app-install ads

By Gerry Shih SAN FRANCISCO (Reuters) - Twitter Inc took a significant step Thursday towards broaden its advertising business by offering mobile ads urging people to install apps on its social network as well as through MoPub, the mobile-advertising network it acquired last year. As the mobile app economy grows, app developers have been willing to pay increasing amounts to advertise on major sites like Facebook to boost their app downloads.

Turkey still hopes Twitter will open local office

Turkey's government said on Thursday it still hopes Twitter will open an office in the country, a day after the social networking site ruled out any such move. In a statement following several days of talks with Twitter executives, Communication Minister Lutfi Elvan said Turkey had suggested that the company open a "liaison office" to improve coordination with the government. "Twitter officials said they cannot make any immediate decision and would decide after evaluations at its headquarters," Elvan said in a written statement.

Turkey still hopes Twitter will open office

Turkey's government said on Thursday it still hopes Twitter will open an office in the country a day after the social networking site ruled out such plans. In a statement following several days of talks with Twitter executives, Communication Minister Lutfi Elvan said Turkey had suggested that the company open a "liaison office" to improve coordination with the government. "Twitter officials said they cannot make any immediate decision", he said, adding that the company would decide after "evaluations at its headquarters".

Turkey still hopes Twitter will have an office

Turkey's government said on Thursday it still hopes Twitter will open an office in the country a day after the social networking site ruled out such plans. In a statement following several days of talks with Twitter executives, Communication Minister Lutfi Elvan said Turkey had suggested that the company open a "liaison office" to improve coordination with the government. "Twitter officials said they cannot make any immediate decision", he said, adding that the company would decide after "evaluations at its headquarters".

Twitter rules out Turkey office amid tax row

Social networking company Twitter on Wednesday rejected demands from the Turkish government to open an office there, following accusations of tax evasion and a two-week ban on the service. Speaking after two days of closed-door talks with Turkish officials, Colin Crowell, Twitter's head of global public policy, told AFP: "We did not agree on opening an office in Turkey." "Making greater investments here to grow our business has a relationship to whether or not we can count on the continuity of our service," he said.

US Airways investigating pornographic tweet sent to complaining customer

By Curtis Skinner (Reuters) - US Airways said it was investigating a pornographic tweet on Tuesday sent on its Twitter account in response to a customer complaint about a flight delay, which went viral on social media. US Airways issued an apology on Monday immediately after deleting the tweeted photograph of a naked woman lying on a bed with a toy airplane between her legs, said Davien Anderson, spokesman for US Airways.

Twitter buys data analytics partner Gnip for undisclosed sum

NEW YORK, N.Y. - Twitter says it has bought its data partner Gnip, which provides analysis of the more than 500 million tweets its users share each day — to advertisers, academic institutions, politicians and other customers.

China's version of Twitter set for Wall Street debut

Sina Weibo, widely known as China's version of Twitter, is set to go public in the United States this week -- after three weeks of sell-offs took their toll on technology stocks. The microblogging subsidiary of Chinese Internet behemoth Sina is scheduled to debut on the Nasdaq exchange on Thursday under the symbol "WB" in an initial public offering (IPO) expected to raise at least $340 million.

Not quite the model tweet by US Airways

US Airways rushed out an apology Monday after a graphic sexual image was tweeted from its official Twitter account in response to a disgruntled customer. The company has been known to respond rapidly and gracefully to complaints on social media, particularly about delayed flights or lost baggage. This time was different. The company triggered shock, howls of protest and a deluge of crude jokes on the Internet when they responded to Twitter user @ellerafter by attaching an extremely not-safe-for-work photograph of a model of a Boeing 777 jet plane in a woman's vagina.
Syndicate content