Tuesday 8 January 2013

Weekly Media Story 14

http://www.guardian.co.uk/technology/2013/jan/08/twitter-uk-subsidiary-meagre-profits

Twitter is based in San Fransico, America but has headquarters all around the world as they have different subsidises. The UK subsidiary posted lower than expected profit levels.


Twitter is expected to float for $11billion. Facebook was expected to be floated at a large sum also and I wonder how that mistake has affected twitters decision to float themselves in the market, and the estimated figure also.

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