Posts Tagged ‘Dick Costolo’

President Obama To Name Twitter CEO To Advisory Committee

Published by pratyushkp on May 28th, 2011 - in Social, Technology

Image via CrunchBase

Once again signaling his close ties with Silicon Valley, President Barack Obama plans to draft Twitter CEO Dick Costolo to his National Security Telecommunications Advisory Committee.

In a White House statement released Thursday evening, Obama named Costolo, along with Scott Charney, corporate VP of Microsoft’s Trustworthy Computing Group, McAfee President David G. DeWalt and three others, as potential appointees. The group oversees the availability and reliability of telecom services in the U.S.

Costolo became Twitter CEO last October after co-founder Evan Williams stepped down.

The move is Obama’s latest overture to Silicon Valley. In his January State of the Union address, the president name-checked Google and Facebook. The following month, Obama shared a dinner with Eric Schmidt, then-CEO of Google; Apple CEO Steve Jobs and Facebook CEO Mark Zuckerberg, among others, at the home of Silicon Valley venture capitalist John Doerr.

Source :- http://mashable.com

  • President Obama To Name Twitter CEO To Advisory Committee (mashable.com)
  • Obama set to add Twitter CEO to Advisory Committee (holykaw.alltop.com)
  • Obama to name Twitter CEO to advisory committee (marketwatch.com)
  • Obama appointing Twitter CEO to advisory group (news.cnet.com)
  • Obama appointing Twitter CEO to advisory group (news.cnet.com)
  • This Day in Tech: Obama appoints Twitter CEO, plus Google foes (news.cnet.com)

Twitter Debunks Google-Facebook Takeover Rumours

Published by pratyushkp on February 20th, 2011 - in Social, Technology

CEO Dick Costolo questions if Google can afford Twitter; hints towards a new revenue generation model

After a Wall Street Journal report claimed low level talks between Facebook and Google executives about acquisition of Twitter, the Internet saw a great hue and cry about another big corporation assimilating a smaller one. However, Twitter CEO Dick Costolo has debunked the rumours. Speaking at the ongoing Mobile World Congress (MWC), he denounced the rumours by stating, “People write that stuff all the time. I don’t know where these things come from, it’s just a rumour.” Costolo punctuated the statement by asking if Google could afford a $10 billion acquisition. Ouch.

Addressing the media at the MWC in Barcelona, Costolo spoke about Twitter s revenue model, claiming that Twitter was making money through the existing means of promoted tweets, accounts and trends. He also mentioned that Twitter will launch a new method of monetising the microblogging website this year; although, no details were provided about the new revenue generation scheme. He dismissed the persistent queries about Twitter s monetisation by stating, “Every time I have an interview I am asked when we’re going to make money. The short answer is we’re already making money.”

  • Twitter chief: Google offer is “rumour” (newstatesman.com)
  • Mobile Fair-Twitter dismisses reports of Google interest (reuters.com)
  • Twitter denies $10bn takeover talks with Google and Facebook (telegraph.co.uk)
  • Twitter dismisses reports of Google interest (windsorstar.com)
  • MWC: Twitter boss admits platform must become simpler (v3.co.uk)
  • Dick Costolo: There will be no Twitter-branded mobile phone (intomobile.com)
  • Twitter CEO Dismisses Google $10 Billion Takeover as ‘Rumor’ (blogs.wsj.com)
  • Twitter dismisses reports of Google interest (reuters.com)
  • Twitter chief dismisses talk of $10bn offer from Google as ‘rumour’ (guardian.co.uk)
  • Twitter CEO: Why There Won’t Be a “Twitter Phone” (mashable.com)
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