Sunday, October 6, 2013

Disagreement between Twitter billionaires - AP

same time that Twitter is preparing its entry on the Exchange, revealed a dispute among its founders. It was in 2006, four friends created the social micro-blog. Now working neither the company, according to The Wall Street Journal.

Twitter should originally have been a side project for the founders and the company’s major success came only after they were out of the organization, the newspaper said.



class=”edrumImageCaption”> entrepreneurs: Three of Twitter’s founders, Evan Williams (left), Biz Williams and Jack Dorsey met with employees of the company for a chat 3 October. Photo: Reuters

Evan Williams, Jack Dorsey, Biz Stone and Noah Glass, the four founders. According to the Wall Street Journal’s sources, speaking Williams and Dorsey barely together. Stone left Twitter with Williams in 2011 to start a new company. Glass joined under one year of its inception. He should have previously stated that he did not get enough credit for its success.

Dorsey was Twitter’s chief executive officer, called the CEO, in the beginning, but was replaced by Williams in 2008. In an interview with Vanity Fair will Dorsay have said that the demotion was like a slap in the face.

A conflict point in 2010 should have been the way Twitter should make money on ads. Dick Costolo, who then had a management position in the company wanted to sell ads linked to user updates. Williams, who was then CEO, would reportedly investigating other options, such as taking charge of the companies and people who would use it for professional purposes would have to create accounts.

Costolo, who was hired by Williams, received last word, and was promoted to CEO a few months later. It should have been Costolo as the company to focus on having the technique in order, and employ 300 technicians to undergo Twitters technology.

When Williams left the company, Dorsey came back. He is still a board member, but will not actively work in the company.
The main project for the four founders was a service called Odeo Inc which enables the user to create audio files. In 2005, the Williams of money the staff could experiment with ways to exchange text messages. Initially the service was called twttr, and existed in parallel with Odeo until they found out which company had the most potential, writes the Wall Street Journal.

Twitter was trying launched the music and tech industry festival South by Southwest in Texas in 2007 . That same week tripled use them, to around 60,000 updates a day.

now regarded Twitter as one of the most effective tools for rapid information sharing and last year will Twitter be traded advertising for 1.6 billion.

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