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Twitter CEO Dick Costolo confirms the company is now valued at $8B, courtesy of a recent...

  • Tuesday, October 18, 2011, 8:24 AM ET
    Twitter CEO Dick Costolo confirms the company is now valued at $8B, courtesy of a recent two-stage funding round. He adds about half of Twitter's 100M+ active users log on each day; the number of Twitter users on mobile devices is growing 40% Q/Q; and the number of iOS (AAPL) users signing on is surging thanks to iOS 5 integration.
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