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Posts Tagged ‘rumors’

Did Twitter Just Spark A Bank Run In Latvia?

Twitter has been a part of revolutions and riots – and now you can add a run on a bank to that list.

Stockholm-based bank Swedbank saw over a third of its ATMs in Latvia wiped out this past weekend, because of rumors spread on Twitter that the bank was in trouble.
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Twitter Confirms “Significant Round Of Funding”

Reports that Twitter was seeking a new round of funding were confirmed Monday, with the announcement on the Twitter blog of a “significant round of funding led by the venture firm DST Global, with the participation of several of our existing investors.”
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