Twitter
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- Wikipedia
- Quirky beginnings: name Twitter: 'a short burst of inconsequential
information,' and 'chirps from birds'
- Information network, versus Social network
- mentions, hashtag, trending topics (innovations adopted by Facebook)
- Third party applications (Tweetdeck, Vine, #music)
- design usability: simplicity (combo of blogs / rss)
- Value: platform, users, marketers
- Est: 3/06
- Tipping Point: 2007 South by Southwest (20k to 60k users)
- 3/10 70k registered apps
- Open API for growth, closing API once tech matured
- 3/12, 6th birthday: 140 million users, 340 m tweets a day
- 12/12, 200 million active users. Top 10 most visited web-site
- $8.4 billion valuation, 12/11; 10/13 IPO value approx $15bn
- Revenue of $422m, 1st 9 months of 2013, 70% ad revenue from mobile
- Usage spikes, prominent events
- Redesigns for Business Model, and logo, "What are you doing" versus "What's happening"
- Verified accounts
- Personal Branding, but how do businesses use Twitter?
- promoted: tweets, accounts, trends
- Marketers platform: PR, advertising and data
- Social TV etc.
- Oreo during Superbowl
- Two broad goals, grow channel, engage channel
- Twitter business model, sustainable?
- Popular with teens
- Growth issues: attracting new users, design change (4/14)
- Pressure for revenue growth post IPO