Customer Experience Management (CXM), Information Management, Social Business
 
 
 

Holy Taco News & Articles

The Social Media Minute (30 Jan ’09)

By John Conroy  |  Friday January 30, 2009   
Social Media moves so fast, it’s hard to keep up. Here’s the week’s top Social stories, in scan-friendly format.
 
This Week:
  • TwitterWorth US$250m, Gets US$20m Injection
  • Digg Restructures to Find Profits: Poaches Yahoo! Exec.
  • Facebook Rolls Out Ad-Driven Polls
  • Ad Network Social Media Bags US$6m
  • Superbowl Advertising, Web 2.0-Style
  • The Greatest Superbowl Snack Stadium Ever 

Twitter Worth US$250m, Gets US$20m Injection

Michael Arrington’s sources tell him that Twitter has secured a new round of funding 
totalling at least US$20m. You can add this to the pile that it got from Jeff Bezos’ venture capital arm during the summer. That injection priced the company at US$100m , but Techcrunch reckons that the new round prices Twitter at US$250m.
 
Facebook tabled an audacious takeover bid for Twitter a couple of months ago, offering a nominal US$500m deal comprised mostly of Facebook stock. Not least because nobody has any idea what Facebook stock is actually worth, Biz Stone and the boys knocked Zuckerburg back.
 
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