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It’s debatable whether the two financial firms that sued Twitter Wednesday should be taken seriously. They are seeking $124 million in damages, and $100 in punitive damages, for what they claim was Twitter’s scheme to artificially bolster their IPO,…>read moreNo Comment October 31, 2013
On Thursday, Twitter Inc., the most popular microblogging service in the world filed for IPO. The lead underwriter in Twitters IPO would be the Goldman Sachs Group, according to unconfirmed reports. The public listing of Twitter, which has more than…>read moreNo Comment September 12, 2013
Twitter was threatened to a lawsuit by a Jewish group for racist and anti-Semitic tweets posted using French hash tags. The social media company agreed to remove the tweets after being threatened to a lawsuit for violating national laws…>read moreNo Comment October 19, 2012
Twitter, a company synonymous with freedom of expression and activism, found itself at the receiving end of brickbats and harsh criticism. The reason being Twitter’s decision to selectively screen, monitor and censor tweets to respect local laws. The decision is…>read moreNo Comment January 28, 2012