Twitter confirms 'significant' round of funding led by Russian investment company
Twitter has confirmed it has received “significant funding” from Yuri Milner’s DST Global.
https://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/digital-media/8676064/Twitter-confirms-significant-round-of-funding-led-by-Russian-investment-company.html
By Amanda Andrews, Media Editor
8:02PM BST 01 Aug 2011
While the micro-blogging site did not outline the size of investment led by the Russian investment company in a blog post, reports put the deal at $400m plus another $400m in secondary funding.
Twitter plans to use the funding for product development, hiring and international expansion.
Twitter published on the blog: “We’ve come very far in a short time. Now we have an opportunity to expand Twitter’s reach with a significant round of funding led by the venture firm DST Global, with the participation of several of our existing investors.
“We will use these resources to aggressively innovate, hire more great people and invest in international expansion.”
Twitter continues to grow around the globe at a record pace. Just a year ago, it delivered 65m tweets a day. It currently generates more than 200m tweets a day.
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Russia funded Facebook and Twitter investments through Kushner investor
https://www.theguardian.com/news/2017/nov/05/russia-funded-facebook-twitter-investments-kushner-investor
Institutions with close links to Kremlin financed stakes through investor in Trump son-in-law’s venture, leaked files reveal
Two Russian state institutions with close ties to Vladimir Putin funded substantial stakes in Twitter and Facebook through an investor who later acquired an interest in a Jared Kushner venture, leaked documents reveal. The investments were made through a Russian technology magnate, Yuri Milner, who also holds a stake in a company co-owned by Kushner, Donald Trump’s son-in-law and senior White House adviser.
The discovery is likely to stir concerns over Russian influence in US politics and the role played by social media in last year’s presidential election. It may also raise new questions for the social media companies and for Kushner. Alexander Vershbow, who was a US ambassador to Russia under George W Bush and to Nato under Bill Clinton, said the Russian state institutions were frequently used as “tools for Putin’s pet political projects”.
Vershbow said the findings were concerning in light of efforts by Moscow to disrupt US democracy and public debate. “There clearly was a wider plan, despite Putin’s protestations to the contrary,” he said.
The investments are detailed in the Paradise Papers, a trove of millions of leaked documents reviewed by the Guardian, the International Consortium of Investigative Journalists (ICIJ) and other partners, along with other previously unreported filings.
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The Kremlin invested 'hundreds of millions' in Twitter and Facebook through a Kushner associate
https://nordic.businessinsider.com/russia-invested-in-twitter-facebook-through-yuri-milner-kushner-2017-11?r=US&IR=T
Yuri Milner’s big investments in Twitter and Facebook have now been tied to the Russian government
The so-called “Paradise Papers” also reveal that Apple was shopping for a new tax shelter.
https://www.recode.net/2017/11/5/16609678/facebook-twitter-russia-investment-paradise-papers-apple
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