VCs Pump Money and Expectations Into Twitter
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That is Google trying to wield a lot of influence, speaking loudly and carrying a big stick,
A major round of funding from private investors for social networking site Twitter has raised the valuation of the company to more than $7 billion, according to a report in The Wall Street Journal
That's almost double from December, when it raised $200 million in a round of funding led by Kleiner Perkins Caufield & Byers, which at the time put the microblogging service's value at $3.7 billion
Register and Watch Now. has raised the valuation of the company to more than US$7 billion, according to a report in That's almost double from December, when it raised $200 million in a round of funding led by is rumored to be planning the same for the near future
Those placing the valuations see a bright future for this portion of the tech industry, though others fear that with a crowded marketplace and shaky sources of revenue, companies face too many challenges to live up to their valued prices
Google May Catch a Big Whiff of Wiretap Act in WiFi Sniffing Case Google has failed to strike down charges that it violated federal law in snooping on various open WiFi networks while collecting data for its Street View project last year
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