• Twitter CEO: Country-Specific Advertising Coming Early 2011

    Wednesday, October 6th, 2010

    Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

    Dick Costolo, former COO and now #newtwitterceo, told The Telegraph in an interview that he and the rest of the company’s shareholders are shocked – shocked! – that anyone even dares suggest they just might be open to selling Twitter.

    Ok, those aren’t his exact words, but he denies claims that his promotion means that the company is being prepped for a sale, and that both he and co-founder Evan Williams have gone that road before (having both sold a company to Google) and are not looking to repeat that particular trick.

    What else is he going to say, really?

    Anyway, now that we’ve established that Twitter wants to take over the world independently, here are in-my-humble-opinion more interesting nuggets of news from the interview: you can expect to see country-specific ads on Twitter as from “early next year” and the company subsequently plans to expand with offices in other parts of the world.

    Costolo reveals that Twitter will soon be able to serve country-specific advertising through its Promoted Tweets and Promoted Trends products (Promoted Accounts wasn’t mentioned although I suspect it could be part of the initiative too) in a couple of months.

    In addition, the company intends to “start thinking about where to set up offices and place people around the world” after that roll-out is complete. Despite its high usage numbers around the world, Twitter still only boasts one office, in San Francisco (where it is looking for a bigger boat as its growth accelerates).

    Care to venture a guess where in the world Twitter will establish local offices?

    Company: Twitter
    Website: twitter.com
    Launch Date: March 21, 2006
    Funding: $1.16B

    Twitter, founded by Jack Dorsey, Biz Stone, and Evan Williams in March 2006 (launched publicly in July 2006), is a social networking and micro-blogging service that allows users to post updates 140 characters long. Twitter “is a real-time information network that connects [users] to the latest stories, ideas, opinions, and news.” The service can be accessed through a variety of methods, including Twitter’s website; text messaging; instant messaging; and third-party desktop, mobile, and web applications. Twitter is currently available in...

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    Person: Dick Costolo
    Companies: Twitter, FeedBurner, Google

    Dick Costolo is the founder of Feedburner which was acquired by Google in 2007. He is currently the CEO of Twitter. He has also performed in Chicago’s Annoyance Theater and various improv shows and festivals.

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