Wednesday, June 1, 2011

Twitter CEO says 80 percent of advertisers renew | Reuters

More than 80 percent of the companies that advertise on Twitter renew their marketing efforts on the microblogging service, CEO Dick Costolo says.

The Twitter chief also says the company does not face immediate pressure to boost revenue as it seeks to grow its business.

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Google, Blackstone Create TPU "as a Service" Business

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