Twitter is "reevaluating the timing" of its IPO in light of the Facebook (FB) debacle, Charlie...

|About: Facebook (FB)|By:, SA News Editor

Twitter is "reevaluating the timing" of its IPO in light of the Facebook (FB) debacle, Charlie Gasparino reports. CEO Dick Costolo has already suggested Twitter is in no rush to go public. Meanwhile, Facebook's efforts to strengthen institutional support are said to be falling flat - COO Sheryl Sandberg reportedly raised eyebrows by telling an institutional investor Facebook priced its IPO at $38 partly to discourage short-term traders. This high-minded attitude apparently didn't extend to insiders. (earlier)