Friday, September 25, 2009

Twitter Website Could Be Worth $1 Billion


California - Despite earning little revenue so far, more than half a dozen investors are ready to pump $99 million into the California dotcom darling, the Financial Times reports. The figure is nearly threes times the amount of funding secured in February, when the company bagged $35 million, quadrupling its value. The increased investment is an indication of the soaring popularity of Twitter, which now boasts 45 million regular monthly visitors.....More

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