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Media Money with Julia Boorstin

Facebook vs. Twitter: Here's how they're different

Twitter: Seeking a cool $1 billion

It's natural to mention Twitter and Facebook in the same breath, but they are very different companies. Yes, of course Facebook's built on the idea of connecting friends, while Twitter is designed for people from all over the world who haven't met to carry on a global conversation.

But Twitter's initial public offering filing revealed just how unlike these two companies really are.

(Read more: No more secrets: Twitter IPO filing is now public)