Twitter to announce photo-sharing service this week

By on May 31, 2011 at 10:15 PM.

Twitter to announce photo-sharing service this week

Last week Twitter confirmed its purchase of the third-party TweetDeck application, and now the social network is set to break more news. According to AllThingsD and Tech Crunch, Twitter’s CEO Dick Costolo will announce a new photo-sharing service this week during the D9 technology conference in California. Typically, users flock to photo-sharing sites such as TwitPick or Yfrog to share images on Twitter, and so the move sounds a bit like a huge blow to developers that created these platforms to help make Twitter more robust. Details surrounding the service are not yet available, but we’ll hear plenty more on Wednesday when Costolo takes the hot seat during D9. More →

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Twitter confirms TweetDeck purchase

By on May 26, 2011 at 2:18 AM.

Twitter confirms TweetDeck purchase

Twitter’s CEO, Dick Costolo, has confirmed that his firm has purchased TweetDeck, the popular third-party client. In a blog post published on Wednesday morning, Costolo said that Twitter will continue to invest in TweetDeck, which Costolo sees as a powerful platform for brands, marketers, and publishers. Iain Dodsworth, the CEO of TweetDeck, said his team will remain in London “with the same focus and products, and now with the support and resources that allow [it] to grow.” While Twitter.com will still be the go-to destination for consumers, TweetDeck hopes that its service will continue to be used by “brands, influences, the highly active and anyone that just needs “more power.” Terms of the acquisition were not disclosed although early reports suggested Twitter paid $40 million in cash and stock. More →

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Twitter acquires TweetDeck for $40 million

By on May 24, 2011 at 11:59 PM.

Twitter acquires TweetDeck for $40 million

Earlier this month we heard reports from TechCrunch that TweetDeck had been acquired by Twitter for $50 million. CNN now says that Twitter has finalized its purchase of TweetDeck in a $40 million cash and stock deal, and that the paperwork was signed on Monday. Neither Twitter nor TweetDeck have confirmed the purchase, and Twitter’s PR team tweeted: “For all those who might be curious, we continue to not comment on rumors.” More →

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Twitter acquires TweetDeck for $50 million

By on May 2, 2011 at 6:20 PM.

Twitter acquires TweetDeck for $50 million

According to source speaking to TechCrunch, Twitter purchased the popular third-party client TweetDeck for between $40 and $50 million on Monday. The Wall Street Journal originally reported that Twitter was in “advanced talks” to purchase TweetDeck – a 15 person company – back in April. Sources speaking to TechCrunch said that Twitter made the purchase in an effort to stop Uber Media, another third party company with a handful of Twitter applications across multiple platforms, from buying TweetDeck first. Neither company has officially announced the acquisition, yet. More →

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