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Last updated on April 25, 2014 at 5:25 EDT

Latest Dick Costolo Stories

2014-02-06 00:23:03

NEW YORK, Feb. 6, 2014 /PRNewswire/ -- Twitter CEO Dick Costolo and two of its co-founders, Evan Williams and Jack Dorsey, collectively lost US$900 million, according to a Wealth-X estimate, after the San Francisco-based micro-blogging company released on Wednesday its first earnings report since it went public in November last year. Investors saw weak growth in the number of active users on Twitter, pushing the value of its shares down by as much as 17% in after-hours trading. The...

OpenCo Provides Unique Inside Look At Silicon Valley Tech Companies
2013-10-14 04:23:08

redOrbit Staff & Wire Reports - Your Universe Online Thousands of individuals managed to get an inside look at San Francisco-based startups, non-profit groups and corporations, including Google and DropBox, during last week’s OpenCo event. OpenCo, which was launched by marketing professionals Brian Monahan and John Battelle last year, is described on the event’s official website as “a new type of business conference” that is essentially a mix of “a business conference and...

Twitter CEO Promises New Twitter Features
2012-09-24 04:41:44

redOrbit Staff & Wire Reports - Your Universe Online Interactive features such as live polls and the ability to select and publish specific messages alongside breaking news events are some of the new features coming soon to Twitter, the social network's chief executive announced on Friday. Speaking at the Online News Association conference in San Francisco, California, late last week, Twitter CEO Dick Costolo said that the microblogging website would be releasing a free tool that...

Twitter As A Media Company?
2012-07-25 11:46:45

Michael Harper for redOrbit.com — Your Universe Online Micro-blogging site Twitter is a lot of fun to use. It´s great for sending quick messages to friends throughout the day, keeping up with breaking news and even discussing popular television shows live and as it happens. Yet, for all the things Twitter is good for, it seems the company has yet to figure out how to make money from it. In an interview with the Wall Street Journal, Twitter CEO Dick Costolo has announced that...

Twitter CEO Says Site Playing Role In 2012 Elections
2012-01-31 12:46:50

Twitter's CEO Dick Costolo said at the AllThingsD technology conference in California that the microblogging site will play a big role in the 2012 presidential elections. Costolo said on stage at the event that “Candidates who don´t participate in the conversation on Twitter will be left behind [in the elections], The next morning is too late to respond.” He said that during Obama's State of the Union speech last week, over 14,000 Twitter messages were posted every...

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2011-06-02 06:06:03

Twitter, the microblogging service, has renewed more than 80 percent of their advertisers, according to the company's CEO Dick Costolo. Costolo says that his company has about 600 advertisers, this is up from the 150 advertisers last year. Twitter is still early in the game of building revenue through advertisers, and the company is expected to bring in about $150 million in ad revenue this year. Facebook has about $4 billion in ad revenue, according to the research firm eMarketer. With the...

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2011-02-15 10:40:00

The chief executive of Twitter, Dick Costolo, has dismissed talk of a $10 billion partnership with Google as "rumor" at this week's Mobile World Congress keynote speech. He laughed off questions about tie-ups with Facebook and Google, saying he didn't know "where such talk came from." Mr. Costolo said that 40% of tweets now come from mobile platforms and that Twitter needed "deeper integration" in smartphones and an extension of how it is made available to more basic phones. In remarks about...

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2010-10-05 06:30:00

Twitter's co-founder, Evan Williams, announced Monday that he would be bowing out as CEO of the micro-blogging network so he could focus his attention on other areas of the company where he feels he could offer more support. In a company blog, Williams said Twitter's chief operating officer, Dick Costolo, would take over as CEO of the San Francisco-based company. Williams said he will focus his attention on "pushing product direction." He added that building things was his passion. "I've...

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2010-05-25 05:40:00

Twitter announced Monday it is banning outside advertising in message streams on the popular micro-blogging service. "Promoted Tweets" advertising will still remain in place, allowing companies and others to place up to 140-character messages known as "tweets" at the top of a page of search results. "Aside from Promoted Tweets, we will not allow any third party to inject paid tweets into a timeline on any service that leverages the Twitter API," Dick Costolo, chief operating officer at...

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2010-05-19 12:40:12

Twitter plans to have hundreds of advertisers using its new ad system in the fourth quarter as the company tries to find ways to become a self-sustaining, profitable business. Chief Operating Officer Dick Costolo said the microblogging service is launching a new advertising system that would provide a key pillar in Twitter's plans to turn its popular service into a significant moneymaking operation that can justify its rich valuation. "We were valued at over a billion dollars last...