{"id":2567,"date":"2011-12-21T08:47:11","date_gmt":"2011-12-21T13:47:11","guid":{"rendered":"http:\/\/www.ict-pulse.com\/?p=2567"},"modified":"2013-10-04T07:54:38","modified_gmt":"2013-10-04T12:54:38","slug":"the-growing-impact-of-twitter","status":"publish","type":"post","link":"https:\/\/ict-pulse.com\/2011\/12\/the-growing-impact-of-twitter\/","title":{"rendered":"The growing impact of Twitter"},"content":{"rendered":"

Throughout the year, Twitter<\/a> has occasionally been in the news. While some of its contemporaries either have issued, or have been preparing for, Initial Public Offers, relatively speaking, Twitter has been operating under the radar. \u00a0This post examines its growing impact in our social space.<\/em><\/p>\n

\"\"<\/a>On Monday this week, the international press reported that Saudi prince, Prince Alwaleed bin Talal, and his investment firm, Kingdom Holding Company<\/a>, had purchased a stake in Twitter<\/a> to the tune of USD\u00a0300 million. According to Reuters<\/a>, the transaction was conducted in the secondary market, meaning that shares were purchased from existing stakeholders, where the Twitter has been valued at around US\u00a08 billion. Further, there has been considerable speculation that the company is moving steadily towards issuing an Initial Public Offer (IPO), although it recently raised USD\u00a0800 million through the private sale of shares. As at October 2011, Twitter reportedly:<\/p>\n