Coordinates | 33°51′35.9″N151°12′40″N |
---|---|
company name | |
company logo | |
company type | Private |
foundation | San Francisco, California, United States |
founder | Jack Dorsey Noah Glass Evan Williams Biz Stone |
area served | Worldwide |
location city | 795 Folsom Street, Suite 600, San Francisco, CA 94107 |
location country | |
key people | Jack Dorsey(Executive Chairman)Dick Costolo(CEO)Evan Williams (Director)Biz Stone (Creative director) |
revenue | US $140 million (projected 2010) |
screenshot | |
num employees | 600+ (2011) |
url | twitter.com |
registration | Required (to post, follow or be followed) |
launch date | July 15, 2006 |
language | Multilingual, including Dutch, English, French, German, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Spanish and Turkish |
commercial? | Yes |
alexa | 9 () |
website type | Mobile social-network service, microblogging |
num users | 200 million () }} |
Twitter is an online social networking and microblogging service that enables its users to send and read text-based posts of up to 140 characters, informally known as "tweets."
Twitter was created in March 2006 by Jack Dorsey and launched in July of that year. Twitter rapidly gained worldwide popularity, with 200 million users as of 2011, generating over 200 million tweets and handling over 1.6 billion search queries per day. It is sometimes described as the "SMS of the Internet."
Twitter Inc., the company that operates the service and associated website, is based in San Francisco, California, with additional servers and offices in San Antonio, Texas, Boston, Massachusetts, and New York, New York.
"...we came across the word 'twitter', and it was just perfect. The definition was 'a short burst of inconsequential information,' and 'chirps from birds'. And that's exactly what the product was." – Jack Dorsey
The first Twitter prototype was used as an internal service for Odeo employees and the full version was introduced publicly on July 15, 2006. In October 2006, Biz Stone, Evan Williams, Dorsey, and other members of Odeo formed Obvious Corporation and acquired Odeo and all of its assets–including Odeo.com and Twitter.com–from the investors and shareholders. Williams fired Glass who was silent about his part in Twitter's startup until 2011. Twitter spun off into its own company in April 2007.
Reaction at the festival was highly positive. Blogger Scott Beale said that Twitter "absolutely rul[ed]" SXSW. Social software researcher Danah Boyd said Twitter "own[ed]" the festival. Twitter staff received the festival's Web Award prize with the remark "we'd like to thank you in 140 characters or less. And we just did!"
The first unassisted off-Earth Twitter message was posted from the International Space Station by NASA astronaut T. J. Creamer on January 22, 2010. By late November 2010, an average of a dozen updates per day were posted on the astronauts' communal account, @NASA_Astronauts. See also NASA Tweetup.
In August 2010, the company appointed Adam Bain as President of Revenue from News Corp.'s Fox Audience Network.
On September 14, 2010, Twitter launched a redesigned site including a new logo.
On October 16, 2008, Williams took over the role of CEO, and Dorsey became chairman of the board.
On October 4, 2010, Williams announced that he was stepping down as CEO. Dick Costolo, formerly Twitter's chief operating officer, became CEO. According to a Twitter blog, dated October 4, 2010, Williams was to stay with the company and "be completely focused on product strategy."
According to The New York Times, "Mr. Dorsey and Mr. Costolo forged a close relationship" when Williams was away. According to PC Magazine, Williams was "no longer involved in the day-to-day goings on at the company". He is focused on developing a new startup, but he became a member of Twitter's board of directors, and promised to "help in any way I can". Stone is still with Twitter but is working with AOL as an "advisor on volunteer efforts and philanthropy".
Dorsey rejoined Twitter in March 2011, as executive chairman focusing on product development. His time is split with Square where he is CEO, and whose offices are within walking distance of Twitter's in San Francisco.
Twitter's usage spikes during prominent events. For example, a record was set during the 2010 FIFA World Cup when fans wrote 2,940 tweets per second in the thirty-second period after Japan scored against Cameroon on June 14, 2010. The record was broken again when 3,085 tweets per second were posted after the Los Angeles Lakers' victory in the 2010 NBA Finals on June 17, 2010, and then again at the close of Japan's victory over Denmark in the World Cup when users published 3,283 tweets per second. The current record was set during the 2011 FIFA Women's World Cup Final between Japan and the United States, when 7,196 tweets per second were published. When American singer Michael Jackson died on June 25, 2009, Twitter servers crashed after users were updating their status to include the words "Michael Jackson" at a rate of 100,000 tweets per hour.
Twitter acquired application developer Atebits on April 11, 2010. Atebits had developed the Apple Design Award-winning Twitter client Tweetie for the Mac and iPhone. The application, now called "Twitter" and distributed free of charge, is the official Twitter client for the iPhone, iPad and Mac.
From September through October 2010, the company began rolling out "New Twitter", an entirely revamped edition of twitter.com. Changes included the ability to see pictures and videos without leaving Twitter itself by clicking on individual tweets which contain links to images and clips from a variety of supported websites including YouTube, Flickr, as well as a complete overhaul of the interface, which shifted links such as '@mentions' and 'Retweets' above the Twitter stream, while 'Messages and 'Log Out' became accessible via a black bar at the very top of twitter.com. As of November 1, 2010, the company confirmed that the "New Twitter experience" had been rolled out to all users.
On April 5, 2011, Twitter tested a new homepage, as well as phased out the "Old Twitter." However, a glitch came about after the page was launched, so the previous "retro" homepage was still in use until the issues were resolved. On April 20, 2011, the new homepage was reintroduced, though the "Switch to Old Twitter" option is still available to users.
==Features== Twitter has been compared to a web-based Internet Relay Chat (IRC) client.
Tweets are publicly visible by default; however, senders can restrict message delivery to just their followers. Users can tweet via the Twitter website, compatible external applications (such as for smartphones), or by Short Message Service (SMS) available in certain countries. While the service is free, accessing it through SMS may incur phone service provider fees.
Users may subscribe to other users' tweets – this is known as following and subscribers are known as followers or tweeps (Twitter + peeps).
Twitter allows users the ability to update their profile by using their mobile phone either by text messaging or by apps released for certain smartphones / tablets.
In a 2009 Time essay, technology author Steven Johnson described the basic mechanics of Twitter as "remarkably simple":
In June 2008, Twitter launched a verification program, allowing celebrities to get their accounts verified. Originally intended to help users verify which celebrity accounts were created by the celebrities themselves (and therefore are not fake), they have since been used to verify accounts of businesses and accounts for public figures who may not actually tweet but still wish to maintain control over the account that bears their name - for example, the Dalai Lama.
"#"
sign. Similarly, the "@"
sign followed by a username is used for mentioning or replying to other users.
To repost a message from another Twitter user, and share it with one's own followers, the retweet function is symbolized by "RT" in the message.
In late 2009, the "Twitter Lists" feature was added, making it possible for users to follow (as well as mention and reply to) ad-hoc lists of authors instead of individual authors.
Through SMS, users can communicate with Twitter through five gateway numbers: short codes for the United States, Canada, India, New Zealand, and an Isle of Man-based number for international use. There is also a short code in the United Kingdom which is only accessible to those on the Vodafone, O2 and Orange networks. In India, since Twitter only supports tweets from Bharti Airtel, an alternative platform called smsTweet was set up by a user to work on all networks. A similar platform called GladlyCast exists for mobile phone users in Singapore, Malaysia and the Philippines.
The messages were initially set to 140-character limit for compatibility with SMS messaging, introducing the shorthand notation and slang commonly used in SMS messages. The 140-character limit has also increased the usage of URL shortening services such as bit.ly, goo.gl, and tr.im, and content-hosting services, such as Twitpic, memozu.com and NotePub to accommodate multimedia content and text longer than 140 characters. Twitter uses bit.ly for automatic shortening of all URLs posted on its website.
San Antonio-based market-research firm Pear Analytics analyzed 2,000 tweets (originating from the US and in English) over a two-week period in August 2009 from 11:00 AM to 5:00 PM (CST) and separated them into six categories:
Social networking researcher Danah Boyd responded to the Pear Analytics survey by arguing that what the Pear researchers labelled "pointless babble" is better characterized as "social grooming" and/or "peripheral awareness" (which she explains as persons "want[ing] to know what the people around them are thinking and doing and feeling, even when co-presence isn’t viable").
Twitter is mainly used by older adults who might not have used other social sites before Twitter, said Jeremiah Owyang, an industry analyst studying social media. "Adults are just catching up to what teens have been doing for years," he said. According to comScore only eleven percent of Twitter's users are aged twelve to seventeen.
According to a study by Sysomos in June 2009, women make up a slightly larger Twitter demographic than men — fifty-three percent over forty-seven percent. It also stated that five percent of users accounted for seventy-five percent of all activity, and that New York has the most Twitter users.
According to Quancast, twenty-seven million people in the US used Twitter as of September 3, 2009. Sixty-three percent of Twitter users are less than thirty-five years old; sixty percent of Twitter users are Caucasian, but a higher than average (compared to other Internet properties) are African American (sixteen percent) and Hispanic (eleven percent); fifty-eight percent of Twitter users have a total household income of at least $60,000.
== Finances ==
Twitter raised over US$57 million from venture capitalist growth funding, although exact numbers are not publicly disclosed. Twitter's first A round of funding was for an undisclosed amount that is rumored to have been between $1 million and $5 million. Its second B round of funding in 2008 was for $22 million and its third C round of funding in 2009 was for $35 million from Institutional Venture Partners and Benchmark Capital along with an undisclosed amount from other investors including Union Square Ventures, Spark Capital and Insight Venture Partners. Twitter is backed by Union Square Ventures, Digital Garage, Spark Capital, and Bezos Expeditions.
In May 2008, The Industry Standard remarked that Twitter's long-term viability is limited by a lack of revenue. Twitter board member Todd Chaffee forecast that the company could profit from e-commerce, noting that users may want to buy items directly from Twitter since it already provides product recommendations and promotions.
The company raised $200 million in new venture capital in December 2010, at a valuation of approximately $3.7 billion. In March 2011, 35,000 Twitter shares sold for $34.50 each on Sharespost, an implied valuation of $7.8 billion. In August, 2010 Twitter announced a "significant" investment lead by Digital Sky Technology that, at $800 million, was reported to be the largest venture round in history.
Twitter has been identified as a possible candidate for an initial public offering by 2013.
On April 13, 2010, Twitter announced plans to offer paid advertising for companies that would be able to purchase "promoted tweets" to appear in selective search results on the Twitter website, similar to Google Adwords' advertising model. As of April 13, Twitter announced it had already signed up a number of companies wishing to advertise including Sony Pictures, Red Bull, Best Buy, and Starbucks.
The company generated $45 million in annual revenue in 2010, after beginning sales midway through that year. The company operated at a loss through most of 2010. Revenues were forecast for $100 million to $110 million in 2011. Users' photos can generate royalty-free revenue for Twitter, with an agreement with WENN being announced in May 2011. In June of 2011, Twitter announced it would offer small businesses a self serve advertising system.
From the spring of 2007 until 2008 the messages were handled by a Ruby persistent queue server called Starling, but since 2009 implementation has been gradually replaced with software written in Scala. The service's application programming interface (API) allows other web services and applications to integrate with Twitter.
Twitter had approximately ninety-eight percent uptime in 2007 (or about six full days of downtime). The downtime was particularly noticeable during events popular with the technology industry such as the 2008 Macworld Conference & Expo keynote address.
June 25, 2009 – Twitter crashed at least once and ran very slowly for some time after It recorded over 50,000 tweets about Michael Jackson’s death in just one hour. Michael Jackson was ranked on seven of the top ten trending topics.
September 22, 2009 – The identifier exceeded the limit for 32-bit unsigned integers (4,294,967,296 total messages) again breaking some third-party clients.
August 6, 2009 – Twitter and Facebook suffered from a denial-of-service attack, causing the Twitter website to go offline for several hours. It was later confirmed that the attacks were directed at one pro-Georgian user around the anniversary of the 2008 South Ossetia War, rather than the sites themselves. December 17, 2009 – A hacking attack replaced the website's welcoming screen with an image of a green flag and the caption "This site has been hacked by Iranian Cyber Army" for nearly an hour. No connection between the hackers and Iran has been established.
A security vulnerability was reported on April 7, 2007, by Nitesh Dhanjani and Rujith. Since Twitter used the phone number of the sender of an SMS message as authentication, malicious users could update someone else's status page by using SMS spoofing. The vulnerability could be used if the spoofer knew the phone number registered to their victim's account. Within a few weeks of this discovery Twitter introduced an optional personal identification number (PIN) that its users could use to authenticate their SMS-originating messages.
On January 5, 2009, 33 high-profile Twitter accounts were compromised after a Twitter administrator's password was guessed by a dictionary attack. Falsified tweets — including sexually explicit and drug-related messages — were sent from these accounts.
Twitter launched the beta version of their "Verified Accounts" service on June 11, 2009, allowing famous or notable people to announce their Twitter account name. The home pages of these accounts display a badge indicating their status.
In May 2010, a bug was discovered by İnci Sözlük users that allowed Twitter users to force others to follow them without the other users' consent or knowledge. For example, comedian Conan O'Brien's account, which had been set to follow only one person, was changed to receive nearly 200 malicious subscriptions.
In response to Twitter's security breaches, the Federal Trade Commission brought charges against the service which were settled on June 24, 2010. This was the first time the FTC had taken action against a social network for security lapses. The settlement requires Twitter to take a number of steps to secure users' private information, including maintenance of a "comprehensive information security program" to be independently audited biannually.
On December 14, 2010, the United States Department of Justice issued a subpoena directing Twitter to provide information for accounts registered to or associated with WikiLeaks. Twitter decided to notify its users and said in a statement, "...it's our policy to notify users about law enforcement and governmental requests for their information, unless we are prevented by law from doing so".
A "MouseOver" exploit occurred on September 21, 2010, when an XSS Worm became active on Twitter. When an account user held the mouse cursor over blacked out parts of a tweet, the worm within the script would automatically open links and re-post itself on the reader's account. The exploit was then re-used to post pop-up ads and links to pornographic sites. The origin is unclear but Pearce H. Delphin (known on Twitter as @zzap) and a Scandinavian developer, Magnus Holm, both claim to have modified the exploit of a user, possibly Masato Kinugawa, who was using it to create coloured Tweets. Kinugawa, a Japanese developer, reported the XSS vulnerability to Twitter on August 14. Later, when he found it was exploitable again, he created the account 'RainbowTwtr' and used it to post coloured messages. Delphin says he exposed the security flaw by tweeting a JavaScript function for "onMouseOver", and Holm later created and posted the XSS Worm that automatically re-tweeted itself. Security firm Sophos reported the virus was spread by people doing it for "fun and games", but noted it could be exploited by cybercriminals. Twitter issued a statement on their status blog at 13:50 UTC that "The exploit is fully patched". Twitter representative Carolyn Penner said no charges would be pressed.
In May 2011, a claimant known as "CTB" (subsequently identified as Ryan Giggs) in the case of CTB v Twitter Inc., Persons Unknown took legal action at the High Court of Justice in London against Twitter., requesting that Twitter release details of account holders. This followed gossip posted on Twitter about Giggs' private life, causing conflict relating to privacy injunctions.
On May 29, 2011, it was reported that South Tyneside council in England had successfully taken legal action against Twitter in a court in California, which forced Twitter to reveal the details of five user accounts. The council was trying to discover the identity of a blogger called "Mr Monkey" who allegedly posted libellous statements about three local councillors.
Having previously used the services of third parties TinyURL and bit.ly, Twitter began experimenting with its own URL shortening service for direct messages in March 2010 using the twt.tl domain, before it purchased the t.co domain. The service was tested on the main site using the accounts @TwitterAPI, @rsarver and @raffi. On September 2, 2010, an email from Twitter to users said they would be expanding the roll-out of the service to users. On June 7, 2011, Twitter announced that it was rolling out the feature.
Twitter has been used for a variety of purposes in many different industries and scenarios. For example, it has been used to organize protests, sometimes referred to as "Twitter Revolutions" and which include the 2011 Egyptian protests, 2010–2011 Tunisian protests, 2009–2010 Iranian election protests, and 2009 Moldova civil unrest. The service has also been used in emergencies and political campaigning.
It is also used for direct communication among social groups and organizations, with the use of "hashtags." For instance, #edchat, used at the end of a tweet, means that the communication will be viewed by all users who follow the topic which refers to an ongoing chat among educators.
Twitter is also increasingly used for making TV more interactive and social. This effect is sometimes referred to as the "virtual watercooler" or social television. Twitter has been used successfully to encourage people to watch live TV events, such as the Oscars, the Super Bowl and the MTV Video Music Awards; this strategy has however proven less effective with regularly scheduled TV shows. Such direct cross-promotions have been banned from French television due to regulations against secret advertising.
On November 22, 2010, Biz Stone, a cofounder of the company, expressed for the first time the idea of a Twitter news network, a concept of wire-like news service he has been working on for years.
"Using Twitter for literate communication is about as likely as firing up a CB radio and hearing some guy recite the Iliad", said tech writer Bruce Sterling. "For many people, the idea of describing your blow-by-blow activities in such detail is absurd," hypothesized writer Clive Thompson in September 2008. "Why would you subject your friends to your daily minutiae? And conversely, how much of their trivia can you absorb? The growth of ambient intimacy can seem like modern narcissism taken to a new, supermetabolic extreme—the ultimate expression of a generation of celebrity-addled youths who believe their every utterance is fascinating and ought to be shared with the world."
On the other hand Steve Dotto opined that part of Twitter's appeal is the challenge of trying to publish such messages in tight constraints. "The qualities that make Twitter seem inane and half-baked are what makes it so powerful," says Jonathan Zittrain, professor of Internet law at Harvard Law School.
In 2009, Nielsen Online reported that Twitter has a user retention rate of forty percent. Many people stop using the service after a month therefore the site may potentially reach only about ten percent of all Internet users. In 2009, Twitter won the "Breakout of the Year" Webby Award.
During a February 2009 discussion on National Public Radio's Weekend Edition, the journalist Daniel Schorr stated that Twitter accounts of events lacked rigorous fact-checking and other editorial improvements. In response, Andy Carvin gave Schorr two examples of breaking news stories that played out on Twitter and said users wanted first-hand accounts and sometimes debunked stories.
In an episode of The Daily Show on February 26, 2009, guest Brian Williams, a journalist, described tweets as only referring to the condition of the author. Williams implied that he would never use Twitter because nothing he did was interesting enough to publish in Twitter format. During another episode of The Daily Show on March 2, 2009, host Jon Stewart negatively portrayed members of Congress who chose to "tweet" during President Obama's address to Congress (on February 24, 2009) rather than pay attention to the content of the speech. The show's Samantha Bee satirized media coverage of the service saying "there's no surprise young people love it – according to reports of young people by middle-aged people."
Time magazine acknowledged growing level of influence in its 2010 Time 100 most influential people. To determine the influence of people it used a formula based on famous social networking sites, Twitter and Facebook. The list ranges from Barack Obama and Oprah Winfrey to Lady Gaga and Ashton Kutcher. The formula was (Twitter followers) x 2 + (Facebook connections) divided by 2.
In March 2009, the comic strip Doonesbury began to satirize Twitter. Many characters highlighted the triviality of tweets although one defended the need to keep up with the constant-update trend. SuperNews! similarly satirized Twitter as an addiction to "constant self-affirmation" and said tweets were nothing more than "shouts into the darkness hoping someone is listening".
In May 2011 concerns have risen about Twitter restricting the reuse of its data by researchers.
* Category:Companies based in San Francisco, California Category:Internet properties established in 2006 Category:Real-time web Category:Social media Category:Social networking services Category:Text messaging Category:Websites
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