BBC News – Twitter says it has 100 million active users

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The micro-blogging site Twitter has said active users have passed the 100 million mark, but it has no plans to become a public company.

The company’s chief executive told a news conference it was preparing to increase its business range by broadening the areas of its service where adverts appear.

But Dick Costolo also said he wanted the business to remain independent.

He said active users, who log on at least once a month, rose 82% this year.

Half of these 100 million log on at least once a day.

Twitter raised $400m /  £250m in venture capital funding this summer.

Mr Costolo said: “We want to be able to remain independent, grow the business the way we want to, and not be beholden to public markets until we feel like we want to be.”

The company began showing adverts in limited areas of its service in 2010.

But it is concerned that commercialisation sometimes alienates users of social media.

via BBC News – Twitter says it has 100 million active users.

Strange Random User Quote:

“The three most dangerous things in the world are a programmer with a soldering iron, a hardware type with a program patch and a user with an idea.” – Anon.

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Posted on September 12, 2011, in Article and tagged , , , , , , , . Bookmark the permalink. Leave a comment.

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