What Twitter's IPO means for users Video
What Twitter's IPO means for users Video Transcript
-Twitter announced the start of trending today with a simple tweet, ring but pop may have been appropriate. Twitter shares opened at $45, more than 70 percent higher than the $26 per share price Twitter set. With that pricing, Twitter is now valued at more than $31 billion. The initial price Pop came about an hour after the opening bell rung by three Twitter users: Star Trek actor Patrick Stewart, a 9-year old activist Vivienne Harr, and a Boston police office. The IPO made instant billionaires of its founders who are at the stock exchange and instant millionaires of some of its employees. Many who celebrated from the San Francisco headquarters, and the event was, of course, shared on Twitter. -[unk]-- -Launched in 2006, Twitter boasts around 232 million monthly users worldwide. Everyone from the Pope, to President Obama, to Taylor Swift, and have made the term hashtag a pop culture phenomenon. -Hashtag, is it Friday yet? -But Twitter has yet to make a profit. This highly-anticipated public offering comes a year and a half after Facebook's disastrous IPO. Initially selling for $38 a share, a dip to a low of $17, and took more than a year to rebound back to its IPO price. -One of Facebook's biggest problems was that they hadn't figured out how to make money off of mobile. Twitter, on the other hand, has its services really built for a mobile, and it always has been, and they've got a lot of advertising on mobile. Now that Twitter has shareholders to answer to, will users be seeing any changes? -Certainly, you're gonna see more embedded videos and, you know, ads that will be at the beginning and probably at the end of videos. So, if people wanna get that rich content on Twitter, they're gonna have to look at more advertising. -Now investors and Twitter will wait and see if in the long run the stock is hashtag successful. In San Francisco, I'm Kara Tsuboi, CNET.com for CBS news.
CNET's Kara Tsuboi and Senior Reporter Daniel Terdiman discuss Twitter's initial public offering. Find out what this social-media giant learned from Facebook's IPO, how it plans to turn a profit, and why tweets will no longer be your standard 140-character messages.
CNET's Kara Tsuboi and Daniel Terdiman discuss Twitter's recently launched video-embedding feature. Hear the details on Vine and how Twitter arrived at the maximum length of 6 seconds per clip.
The filing is in. The numbers are out. Twitter's IPO filing to the SEC gives the public the first detailed look at its financials and shows that the company is still not profitable. But is it better positioned than Facebook was prior to its IPO? CNET's Sumi Das and Daniel Terdiman have the Inside Scoop on this highly anticipated public offering.
In this Inside Scoop, CNET's Kara Tsuboi and Daniel Terdiman discuss the revelation that Twitter founder Jack Dorsey created the micro-blogging site in just two weeks. And how did Terdiman learn of this news? From a tweet, of course.
On the CNET News Daily Debrief, Kara Tsuboi and Daniel Terdiman discuss the next game from legendary designer Will Wright. Spore is just a few weeks from launch, and anticipation has rarely been higher for a new title.
The popular social-networking tool has just admitted to recording a lot more information than just your tweets. Users of the service who have installed the Twitter app on their smartphones are now unknowingly sharing their contact list and browsing history, among other details. CNET's Kara Tsuboi reports on what this means for your privacy and what the company plans to do about it.
CNET's Kara Tsuboi and Seth Rosenblatt discuss Microsoft's entry into the touch-enabled OS world with Windows 8 and what it means for the company moving forward.
Fans of Twitter, Pandora, Skype, Zillow, and seven other Web companies had better hope these start-ups find creative business plans to weather the financial downturn. These 11 Web 2.0 favorites have landed on Webware.com editor Rafe Needleman's list of companies that are potentially in peril. On Friday's edition of the Daily Debrief with CNET's Kara Tsuboi, Rafe explains why these companies are in danger--and what they could be doing to survive.
This weekend's hot movie debut, "The Hunger Games," has all the makings of a Hollywood blockbuster--an A-list cast and a proven storyline. It's based on a best-selling book series in which the heroine has to fight to the death to provide food for her community. But what it also has going for it is innovative promotion and publicity, through social Web sites like Facebook and Twitter. CNET's Kara Tsuboi reports.
For one day only, on September 19, people in 80 cities across the world will be converting parking spaces into mini city parks. CNET's Kara Tsuboi and Daniel Terdiman discuss the message the organizers of PARK(ing) day are hoping to send with these urban oases.