Twitter

With Carl Icahn exploring other means of communicating, Twitter will not be profitable until at least 2015. Of course, it will be profitable, especially if you are Goldman Sachs or can get in on the ground floor, one former Twitter user says. Read more »

A future subsidiary of the IntercontinentalExchange is getting pretty confident about not having to pony up $40 million-plus for fucking up a certain highly-anticipated market event. Read more »

Oil traders razor-focused on signs of escalating violence in the Middle East were jolted on Thursday by a Twitter posting from the Israeli military that, at first glance, suggested they had just bombed Syrian airports. Oil prices jumped $1 as the talk raced through oil markets, which frequently react quickly to rumors of geopolitical events and where traders have increasingly turned to the Internet and social media for advance warning of escalating risks, from the Arab Spring to the Iranian nuclear standoff. The Tweet was true, but it wasn’t news. The posting referred to an attack 40 years ago in the Yom Kippur war, the latest in a series of Tweets from the Israel Defense Forces Twitter handle (@IDFSpokesperson) commemorating the war. The Tweet just before 10:30 a.m. EDT stated: “October 10 #YomKippur73: Israel Air Force bombards airports in Syria to prevent Soviet weapons reaching the Syrian Army”. It then links to a website that gives a day-by-day account of the war. “Obviously this was part of our Yom Kippur Twitter series. The facts are there and simple to read. It was apparent within the Tweet itself,” said IDF spokesman Peter Lerner. [Reuters]


[via @Carl_C_Icahn]

Earlier: Predicting Tomorrow’s Carl Icahn Tweets Re: Tim Cook Today

Goldman, the Morgans and Brian Moynihan are already in. How low are you willing to go to join them? Read more »

“One reason is that I have better things to do with my time. Another is that I don’t think my instant reactions to things are especially interesting. But I have to admit that I’ve also been aware for some time how many people end up destroying themselves by tweeting something really offensive. Why do people do this? Well, it turns out that many prominent people have inner demons of one kind or another — often homophobia, but also racism, sexism, or just some kind of generalized contempt for large numbers of other people. And social media make it all too easy for those demons to slip out in front of a large audience. I don’t think I have any demons like that, but who knows? And if I do make uncomfortable discoveries about myself, I’d like to do it in private, thank you.” [NYT via DI]

Twitter has finally, possibly, confirmed that it’s moving forward with a 2014 initial public offering. The notoriously tight-lipped social networking site has remained even more tight-lipped with the press amid speculation that the company is planning to go public sometime next year. But today, the company possibly for the first time, provided some “detail” about its future. FOX Business’s Katie Roof asked Twitter spokeswoman Carolyn Penner in an email if anyone at the company can “chat with me about IPO rumors.” Penner’s response, was a simple, but interesting: “…” According to the Urban Dictionary a “…”, also known as an ellipses, can be interpreted “to indicate the omission or suppression of a word or phrase. The ellipses also “usually indicates a pause or silence.” Penner has yet to respond to a request to clarify her e-mail. But several people surveyed on Twitter about Twitter’s response said Penner may have inadvertently confirmed the IPO plans since in the past Twitter has often refused to respond to questions about it. “It means she can’t say, which probably means yes,” Tweeted @HeisePete. [FBN]