Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 4

TWITTER

● Twitter, Inc. was an American social media company based in San Francisco,
California. The company operated the social networking service Twitter and
previously the Vine short video app and Periscope livestreaming service. In
[6]
2023, Twitter merged with X Holdings and ceased to be an independent
company, becoming a part of X Corp

● Twitter was created by Jack Dorsey, Noah Glass, Biz Stone, and Evan
Williams

● On April 25, 2022, Twitter agreed to a $44 billion buyout by Elon Musk, CEO
of SpaceX and Tesla, one of the biggest deals to turn a company private

● Following Musk's takeover, Twitter has been criticized for an increase in hate
speech, as well as for perceived systemic prioritization of right-wing content.
His acquisition of the company has been characterized by large-scale policy
changes, mass layoffs and resignations, and a dramatic shift in the company's
work culture.

Type Private

Traded as NYSE: TWTR (2013–2022)

Industry Social media

Predecessor Obvious Corporation

Founded April 2007; 16 years ago


in San Francisco

Founders Jack Dorsey


Noah Glass
Biz Stone
Evan Williams
Defunct April 2023; 4 months ago

Fate Acquired by Elon Musk


and transferred into X
Corp.

Successor X Corp.

Headquarter San Francisco, California,


s United States

Area served Worldwide

Key people Elon Musk

Services Twitter
Vine (discontinued)
Periscope
(discontinued)

Revenue US$5.1 billion (2021)

Operating US$−273 million (2021)


income

Net income US$−221 million (2021)

Total assets US$14.1 billion (2021)

Total equity US$7.3 billion (2021)

Number of c. 1,000 (2023)


employees

Website about.twitter.com
OLD LOGO

NEW LOGO

● NEW TAKEOVER:

X Corp. is an American technology company established by Elon Musk in 2023 as


the successor to Twitter, Inc. It is a wholly owned subsidiary of X Holdings Corp.,
which is itself owned by Musk. The company owns the social networking service
Twitter (currently rebranding to X) and has announced plans to use it as a base for
other offerings
● TWITTER HEADQUATERS:

Twitter's San Francisco headquarters is located at 1355 Market Street, Downtown


San Francisco, California, United States.

● FOUNDER OF TWITTER:

You might also like