Twitter has apparently raised $800 Million and is now Worth $8.4 Billion

Twitter has closed what the company calls a "significant" investment. Rumors have that Twitter got a huge cash infusion of $800 million bringing the current evaluation of Twitter to $8.4 billion according to the Wall Street Journal.

The investment comes from a investment consortium led by Russian Digital Sky Technologies. These guys also already put $400 million into Facebook a couple years ago. Half of the money is going to buy shares of existing holders and the other half is going to be invested into Twitter's operation. Twitter plans to agressively innovate, hire more great people and invest in international expansion according to a post on the Twitter blog. 

Updates

App we love: TV Guide

Source: St. Louis Post-Dispatch

TV Guide App • Must-see TV just got a little easier to find. Sure, the digital video recorder knows all, but sometimes you want to actually watch something live before your friends spoil the ending on Facebook or Twitter. Th ...
Full article at: St. Louis Post-Dispatch  More like this  1 hour ago

Do you have Klout or are you just a Klouchebag?

Source: DNA India

When it first became popular, social networking site Twitter had a simple purpose, which was encapsulated in its tagline, ‘What are you doing?’However, after aiding revolutions in the Middle-East, becoming the sounding board for everyone to post their op ...
Full article at: DNA India  More like this  2 hours ago

Grand Prize Blogiversary Celebration Giveaway Event!

Source: Put a Little Umbrella In Your Drink

She is celebrating by giving each of you the chance to win some great prizes from some of the gracious sponsors who have joined me in commemorating the event. Not only do you have a chance to win the great prizes below, but you can al ...
Full article at: Put a Little Umbrella In Your Drink  More like this  2 hours ago

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