×

Twitter

What

Global real-time communications platform that invented the 140-character tweet. With its runaway social media success, Twitter is now entering a new phase of business development, testing how far its original business concept will allow it to extend, including a major push into advertising and the music sector.

Disrupting

The nature of communication.

Twitter
Source: Twitter

Headquarters: San Francisco, Calif.
CEO: Dick Costolo
Year Founded: 2006
Number of Employees: 1,500
Funding: $1.16 billion
Key Investors: Digital Sky Technologies, Kleiner Perkins Caufield & Byers, T. Rowe Price, Spark Capital, Benchmark, Morgan Stanley

Vital Stats

  • Ranks 26th among most visited U.S. websites (Comscore)
  • Reaches over 200 million active monthly users
  • 400 million tweets per day
  • Jack Dorsey's first tweet: March 21, 2006: "just setting up my twttr"
  • Expected to reach $582 million in ad revenue in 2013 (eMarketer)
  • Projected to reach nearly $1 billion in ad revenue in 2014 (eMarketer)
  • Projected 2015 mobile ad revenue 60% (eMarketer); 1Q 2013 Facebook was at 30% ad revenue from mobile
  • You can now tweet in more than 20 languages


Tech

Latest Special Reports

  • Top States 2016

    CNBC's annual study measures all 50 states on more than 60 different metrics.

  • People walk amongst aircraft exhibited on the tarmac during the opening of the International Paris Airshow at Le Bourget on June 15, 2015.

    The International Paris Air Show is celebrating its 52nd anniversary this year with the big movers and shakers in the aerospace and defense industry all attending the event.

  • International business and political leaders gather in Dalian, China for the 2017 instalment of the World Economic Forum’s Annual Meeting of the New Champions.