While there's no doubt that the company's growing — it's up 44 percent in users from the same period last year — it's also losing money. Twitter's revenue for the first half of this year was about $253 million, but also suffered a net loss of $79 million last year and $69 million for the first six months of 2013.
Twitter announced on September 12 that it had submitted its documents to the SEC, although some reports claim that it may have been filed over the summer. It's unknown when Twitter will begin trading, but people close to the matter claim that it hopes to start before Thanksgiving. Considering the government shutdown and its effects on the market, however, it could be postponed until next year. (NYTimes)