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2021-09-20

Twitter Announces Proposed Settlement of Consolidated Class Action Lawsuit

SAN FRANCISCO, Sept. 20, 2021 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a binding agreement to settle the consolidated class action lawsuit commenced in 2016 in the United States District Court for the Northern District of California. The case was consolidated under the caption In re Twitter, Inc. Securities Litigation, Case No. 4:16-CV-0534-JST (SK). The proposed settlement resolves all claims asserted against Twitter and the other named defendants without any admission, concession or finding of any fault, liability or wrongdoing by the Company or any defendant. Twitter and the individual defendants continue to deny any wrongdoing or any other improper actions. Under the terms of the proposed settlement, Twitter will pay $809.5 million for claims
Twitter Announces Proposed Settlement of Consolidated Class Action Lawsuit
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2021-06-10

Twitter Announces Appointment of Mimi Alemayehou and Departure of Jesse Cohn

Mimi Alemayehou to join the Board, bringing more than 20 years of investment and finance experience across emerging markets Jesse Cohn to depart the Board after important year at Twitter Elliott has Information Sharing and Engagement Agreement with Twitter SAN FRANCISCO, June 9, 2021 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced the appointment of Mimi Alemayehou to the Company's Board of Directors as a new independent director, effective immediately. "Mimi's extensive experience overseeing growth in emerging markets in both the public and private sectors will be invaluable as we advance Twitter's mission to serve the public conversation across the world," said Patrick Pichette, independent chair of the Twitter Board. "Mimi shares our commitment to social responsibility and st
Twitter Announces Appointment of Mimi Alemayehou and Departure of Jesse Cohn
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2021-04-08

Twitter Integrates Nielsen's Cross-Media Planning and Measurement Suite Into Video Ad Platform

Expanded Relationship Boosts Twitter's Ability to Plan and Execute Video Strategy NEW YORK, April 8, 2021 /PRNewswire/ -- Today, Nielsen (NYSE: NLSN) and Twitter (NYSE: TWTR) announced the expanded integration of Nielsen's audience measurement and outcomes cross-media solutions into Twitter's video ad platform. The integration includes new subscription to Nielsen Media Impact (NMI) and Nielsen Ad Intel and expanded access to Nielsen Total Ad Ratings (TAR). Together, these tools will enable Twitter to help video advertisers do more robust pre- and post-campaign planning, maximize ad inventory, understand cross-media planning, and deliver campaign results with increased speed and agility.(PRNewsfoto/Nielsen) "With a highly engaged audience and powerful premium video content, Twitter is where
Twitter Integrates Nielsen's Cross-Media Planning and Measurement Suite Into Video Ad Platform
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2021-03-02

Twitter, Inc. Announces Pricing of $1.25 Billion Convertible Notes Offering

SAN FRANCISCO, March 2, 2021 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced the pricing of $1.25 billion aggregate principal amount of 0% convertible senior notes due 2026 (the "notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act"). Twitter also granted the initial purchasers of the notes a 13-day option to purchase up to an additional $187.5 million aggregate principal amount of the notes, to cover over-allotments, if any. The sale of the notes to the initial purchasers is expected to settle on March 4, 2021, subject to customary closing conditions, and is expected to result in approximately $1,235.4 million in net proceeds to Twitter after deducting the initial purchasers' discount and e
Twitter, Inc. Announces Pricing of $1.25 Billion Convertible Notes Offering
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2021-03-01

Twitter, Inc. Announces $1.25 Billion Convertible Notes Offering

SAN FRANCISCO, March 1, 2021 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced its intention to offer, subject to market conditions and other factors, $1.25 billion aggregate principal amount of convertible senior notes due in 2026 (the "notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act"). Twitter also expects to grant the initial purchasers of the notes a 13-day option to purchase up to an additional $187.5 million aggregate principal amount of the notes, to cover over-allotments, if any. The notes will be unsecured, senior obligations of Twitter, and interest will be payable semi-annually in arrears. The notes will be convertible into cash, shares of Twitter's common stock, or a combinati
Twitter, Inc. Announces $1.25 Billion Convertible Notes Offering
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2021-01-20

Twitter VP Engineering Nick Caldwell Joins True Board of Directors

HADDONFIELD, N.J., Jan. 19, 2021 /PRNewswire/ -- True, the fast growing global platform of innovative talent management products and services, is pleased to announce the addition of Nick Caldwell, VP of Engineering at Twitter (NYSE: TWTR), to its Board of Directors. As an experienced technologist who has led product and engineering teams at Looker (acquired by Google) and Microsoft, Nick is an exceptional talent who'll have tremendous impact on True's continued innovation in the executive talent industry. "We couldn't be more excited to have Nick join our Board. We founded True because we believe that data-driven technology had the ability to create better business results for our clients, and having Nick's input on our current and future innovations will produce even better outcomes for t
Twitter VP Engineering Nick Caldwell Joins True Board of Directors
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2020-12-15

Twitter Selects AWS as Strategic Provider to Serve Timelines

Twitter will use AWS’s industry-leading services and global infrastructure to power the real-time, global traffic and improve the experience for people who use Twitter Today, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced that Twitter (NYSE: TWTR) has selected AWS to provide global cloud infrastructure to deliver Twitter timelines. Under the multi-year deal, Twitter will leverage AWS’s proven infrastructure and portfolio of services to support delivery of millions of daily Tweets. This expansion onto AWS marks the first time that Twitter is leveraging the public cloud to scale their real-time service. Twitter will rely on the breadth and depth of AWS, including capabilities in compute, containers, storage, and security, to reliably deliver the real-t
Twitter Selects AWS as Strategic Provider to Serve Timelines

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