Accuracy in Media

WASHINGTON — Twitter saw its initial public offering (IPO) increase and will now close its books a day earlier than expected. Now Twitter will have its IPO and share price set Wednesday. Reuters reported that the social network raised its price range to $25 per share up from $23, yet kept its offering size at […]

WASHINGTON — Twitter, in trying to boost its initial public offering (IPO), saw a boost from the Pew Research Center. Pew conducted a survey and in its report, said that half of all adult Twitter users in the U.S. get news and consume news through the social media platform. Reuters reported that the survey was […]

WASHINGTON — Twitter, trying to avoid the same fate as Facebook when it had its initial public offering (IPO), valued its initial public offering at a relatively modest $11 billion. Reuters reported that Twitter plans to sell shares valued between $17-20 apiece. Twitter tried to raise over $1 billion for its IPO, and it was […]

WASHINGTON — Twitter is facing significant hurdles if its initial public offering (IPO) makes it to the finish line. Now there are doubts whether Twitter/s revenue model, or its entire social media model, is sustainable. Reuters reported that they polled users and found 36% do not use their accounts and 7% have deleted their accounts. […]

WASHINGTON — Twitter, the social media microblogging service, is looking to hit the open market by filing an IPO (initial public offering). Reuters reported that the eight-year-old social media service is trying to lure investors with revenue growth when the service had not made a profit the past three years. Its revenue tripled in 2012 […]