How Much Are 140 Characters Really Worth?
To the Point
KCRW
4.4 • 583 Ratings
🗓️ 8 November 2013
⏱️ 52 minutes
🧾️ Download transcript
Summary
After yesterday's IPO, Twitter is one of the most highly valued companies on the NYSE. What is it contributing to popular culture? When will it start making money?
Transcript
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| 0:00.0 | From KCRW in Santa Monica and PRI, Public Radio International, this is To the Point. |
| 0:08.1 | What are 140 characters really worth? |
| 0:14.4 | Hello again, I'm Arminolny, and this is To the Point from Public Radio International. |
| 0:18.2 | A daily look at the issues Americans care about most. |
| 0:20.8 | Shares in Twitter surged by 73% during yesterday's stock market launch, |
| 0:25.1 | then they settled down with a company valued at $25 billion. |
| 0:28.9 | That's bigger than half the firms in Standard & Poor's 500, |
| 0:32.2 | even though the digital social network has never turned a profit. |
| 0:35.8 | So where does the value come from? |
| 0:38.4 | For shareholders, |
| 0:44.0 | for users, and for a culture that lives in the present and has an ever-declining attention span? |
| 0:49.1 | Advertising will be Twitter's means to make money. Could it make even more with a board including minorities and women? Today's talking point where the Washington Redskins named for a real Native American |
| 0:55.0 | or an imposter. |
| 0:56.8 | First, here's the news. |
| 1:01.4 | Listen to KCRW's 24-hour all-news channel. |
| 1:05.1 | Stream BBC World Service, NPRW programs. |
| 1:09.8 | Continuous coverage and accessible via our smartphone app or online at kCRW.com. |
| 1:19.4 | Support for To The Point comes from the members of KCRW and from the Public Radio International Program Fund. |
| 1:26.3 | Hello again, Mormon, I'll be back with To the Point. After this week's initial public offering, Twitter is now one of the most highly valued companies on the New York Stock Exchange. What is it contributing to popular culture? When will it start making money? We'll look at those and other questions today. Today's talking point, the NFL's Washington Redskins claim the team name |
| 1:45.8 | honors its first coach who said he belonged to the Sioux Nation. If that wasn't true, |
| 1:51.3 | is it time for a change? First, this news update. The Labor Department's latest jobs report |
| 1:56.1 | was delayed by the federal shutdown, but predictions that 16 days without government would sap the growth |
... |
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