NEW YORK -- Twitter is going public. The short messaging service says it has filed confidential documents for an initial public offering of stock.
But the documents are sealed, as Twitter is taking advantage of federal legislation passed last year that allows companies with less than $1 billion in revenue in its last fiscal year to avoid submitting public IPO documents.
San Francisco-based Twitter Inc. posted on its official Twitter account Thursday afternoon that it has "confidentially submitted an S-1 to the SEC for a planned IPO."
The confidentiality will likely help Twitter avoid the public hoopla that surrounded the initial public offerings of other high-profile social networking companies, including Facebook Inc., which went public in May 2012.
Twitter's IPO has been long expected. The company has been ramping up its advertising products and working to boost ad revenue in preparation.
Police said 27-year-old Danielle Saxton, of West Frankfort, shoplifted from a downtown boutique last week. Then, she posted pictures of…
Experts say the case of a mother accused of poisoning her 5-year-old son to death with salt appears be an example of how social media feeds…
Do obese women have a 'food learning impairment'? A new Yale University study suggests it's true.
Teens post risqué or obscene photos and malicious comments on social media in reaction to a film opening Friday.
Ahead of its second-quarter earnings call on Tuesday, Microsoft is in the headlines for something other than its financial comings and goings.
According to some, Montel Williams, former talk show host and outspoken celebrity, has a curiously active Twitter account.
Find out the best ways to move photos from a phone to a personal computer.
When you die, should your loved ones have access to your Facebook, Gmail and other online accounts?
Unexplained rash? Check your iPad. It turns out the popular tablet computer may contain nickel, one of the most common allergy-inducing metals.
A look back at angry tweets from Cleveland Cavaliers fans in 2010 may make Lebron James' return to the city a little awkward.