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In July 2014, Twitter announced that it intends to buy a young company called Card Spring for an undisclosed sum.Card Spring enables retailers to offer online shoppers coupons that they can automatically sync to their credit cards in order to receive discounts when they shop in physical stores.Twitter actually changed from what we thought it was in the beginning, which we described as status updates and a social utility.It is that, in part, but the insight we eventually came to was Twitter was really more of an information network than it is a social network.
He said while Twitter would "never lose that feeling" of speed, users could do more with the text.On October 4, 2010, Williams announced that he was stepping down as CEO.Dick Costolo, formerly Twitter's chief operating officer, became CEO.Twitter was created in March 2006 by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams and launched in July of that year. In 2012, more than 100 million users posted 340 million tweets a day, Twitter's origins lie in a "daylong brainstorming session" held by board members of the podcasting company Odeo.Jack Dorsey, then an undergraduate student at New York University, introduced the idea of an individual using an SMS service to communicate with a small group.
By late November 2010, an average of a dozen updates per day were posted on the astronauts' communal account, @NASA_Astronauts.