VENTURE CAPITAL POST

Twitter Inc halted a slowdown in user-growth in the second quarter with the help of product tweaks and services built around the summer's World Cup, assuaging concerns for now that the online messaging service had peaked.

A lawsuit was filed against Twitter by two firms claiming that the microblogging platform has committed a pre-IPO fraud to justify the company's $10 billion valuation was dismissed by a US District Judge in New York.

After the lockup agreements expire tomorrow, Twitter Inc's insiders will have a first chance to sell their stock. The company's shares have more than doubled since its IPO last year, Bloomberg reported.

Nearly 30 funds run by Boston-based Fidelity Investments have bought a total of 2.4 million shares of Twitter in the days after its public debut. Fidelity's Contrafund led the way, holding 1.1 million Twitter shares at the end of November.

Reuben Kressel, a 66-year old investor, completely sold his entire holding in Twitter Inc. after its shares dropped as much as $5.91 or 8% on Friday's market close. Kressel owns 500 shares in the micro-blogging site.

A recent rating by New York-based Macquarie analyst Ben Schachter urges investors that the time to sell shares in Twitter Inc is now despite its positive performance after debuting on the New York Stock Exchange last month.

San Francisco-based advertising technology company Delivery Agent Inc has picked Credit Suisse Group AG and Deutsche Bank AG to lead its planned initial public offering (IPO) in 2014.

The potential growth of credit-card payment processing services in Japan saw Twitter Inc. co-founder Jack Dorsey's Square Inc and SoftBank Corp's venture PayPal Here battling for a sizeable market share in the niche business.

Social media giant Twitter Inc announced it will introduce self-service advertisements for small- and medium-sized businesses (SMBs) in Canada, Ireland and the United Kingdom starting this week.

The initial public offer of Twitter had sent a powerful signal to technology executives reviewing market floats of Silicon Valley startups. The message is full speed ahead.

Several industry observers believed that Alibaba's upcoming IPO on November 15 would not be eclipsed by the media frenzy of Twitter Inc's recent public listing.

Consumer web companies had been filling the IPO lull typically experienced during the holiday season, said Reuters.

A Forbes contributing article by an economist said Twitter's massive hype could not save itself from faring better on the stock market in the long-run.

Twitter reprices its IPO shares to USD23 and USD25 per share, pegging the volume price at USD1.75 billion.

An average investor would not stand a chance, unlike big-money investors, to acquire a significant stake in Twitter on its IPO.