Twitter CEO Promises Big Advertising Growth

New funding means company in 'control of our own destiny'

Twitter has imminent plans to expand its advertising efforts, according to CEO Dick Costolo.

Costolo talked about those plans today at an event that he called a "state of the union" to bring journalists up-to-date on the company's activity since he took over as CEO a year ago. Brands can already pay for ads called Promoted Tweets (as well as other ad units), but until now, Twitter has only shown those tweets to people who already follow an advertiser's account.

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