Twitter CEO Dick Costolo sat down with Fortune's Adam Lashinsky at Brainstorm Tech in Aspen, CO to discuss the company's future.
Below is an unedited transcript of the talk.
ADAM LASHINSKY: Dick, thanks for being here.
DICK COSTOLO: Sure.
ADAM LASHINSKY: Welcome back to Aspen. You were here last year. Biz Stone was with us the year before that.
I feel like we have a small elephant in the room, and we should get it MORE
Fortune Editors - Jul 19, 2011 7:34 PM ET
The bloom is off the rose for 3D, according to Dreamworks CEO Jeffrey Katzenberg. But it's not dead.
Jeffrey Katzenberg
FORTUNE -- Speaking Tuesday at Fortune's Brainstorm Tech Conference in Aspen, Colorado, Katzenberg blamed the entertainment industry for the fact the 3D technology has yet to re-invent the movies. Executives driven by "that singular and unique characteristic that only exists in Hollywood, greed" tried to capitalize too aggressively without focusing on MORE
Jessi Hempel, writer - Jul 19, 2011 7:03 PM ET
Twitter CEO Dick Costolo discusses the company's business model, the departure of its co-founders, and its future in advertising.
By Dan Primack, senior editor
Dick Costolo
FORTUNE --Almost from the moment the first 140 characters were tweeted, people have been asking Twitter how it will make money. The initial answer has been "advertising," but company CEO Dick Costolo today suggested that "commerce" might be the next leg of Twitter's revenue stool.
During a MORE
Jul 19, 2011 6:43 PM ETAt Brainstorm Tech 2011 in Aspen, CO, Fortune's Jennifer Reingold interviewed Procter & Gamble CEO Bob McDonald and CIO Filippo Passerini about how the consumer goods conglomerate is the next digital giant.
Brainstorm Tech
Jennifer Reingold (Fortune) interviews Bob McDonald, CEO of Procter & Gamble, and Filippo Passerini, CIO of Procter & Gamble
July 19, 2011
JENNIFER REINGOLD: Hi. Well, let's get started right away. We have a lot to talk about, and MORE
Jul 19, 2011 6:12 PM ET
Sold a record 20.34 million iPhones, 9.25 million iPads and 3.95 million Macs
Apple's (AAPL) third fiscal quarter was bigger than the most optimistic estimates. Even without a new iPhone to drive sales, revenues, earnings and profits were bigger than the biggest Christmas quarter.
Apple also announced that OS X Lion is coming tomorrow (Wednesday).
The iPhone and iPad numbers were huge surprises. Sales of the iPod, as expected, continued to fall. Only MORE
Philip Elmer-DeWitt - Jul 19, 2011 4:57 PM ET
Does one of these phones look like the other? You be the judge.
Samsung' Galaxy S (left) and the Apple 3GS (right)
"The big news in the past year has been the explosion of Google Android handsets and this means our competitors are responding... they are not responding with innovation, they're responding with lawsuits." -- Former Google (GOOG) CEO Eric Schmidt in Tokyo on Apple's (AAPL) suits against Samsung, HTC and MORE
Philip Elmer-DeWitt - Jul 19, 2011 12:03 PM ET
FORTUNE -- Isis, the mobile payments platform backed by AT&T (T), Verizon (VZ) and T-Mobile USA, has inked deals with the four largest credit-card networks, a move that the companies say will help accelerate the long-awaited "cellphone-as-a-wallet" concept in the U.S.
Isis' Abbott is trying to lead the charge on mobile payments
New York-based Isis today will unveil alliances with American Express (AXP), Discover (DFS), Master Card (MA) and Visa (V) -- MORE
Stephanie N. Mehta, Executive Editor - Jul 19, 2011 11:50 AM ET
New BlackBerry devices are forthcoming, but that won't change the fact that companies are abandoning that mobile platform at a rapid clip.
By Alex Konrad, contributor
FORTUNE -- The legend of the CrackBerry lives on, even as the days of the device's corporate ubiquity have faded to black. As iPhone and Android-based smartphones gain ground, Research in Motion's future looks murky, but one thing is certain: If RIM survives, it won't be MORE
Jul 19, 2011 11:26 AM ET
The popular publishing site doesn't just want to house documents. It wants to own the mobile reading experience, too.
Swipe a particular story with your finger to reveal a little more about it. Photo: Scribd
FORTUNE -- News curation has been a hot topic ever since Flipboard made a splash at last year's Fortune Brainstorm Tech conference. After all, with Facebookers sharing four billion pieces of information a day and Twitter MORE
JP Mangalindan, Writer-Reporter - Jul 19, 2011 9:00 AM ET
A big Q3 is a given. Just look at what the stock has done lately. But the devil is in the details
The Street has fallen back in love with Apple (AAPL). "Get ready for the return of the wow factor," J.P. Morgan's Mark Moskowitz told clients last week just before the stock put the finishing touches on a 28-day, $58.48 (18.5%) run that took it to $373.80 Monday afternoon, an MORE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.24 | -0.06 | -0.82% |
| Ford Motor Co | 12.28 | -0.46 | -3.60% |
| Frontier Communicati... | 4.24 | -0.23 | -5.26% |
| Juniper Networks Inc... | 21.57 | -0.80 | -3.58% |
| Cisco Systems Inc | 19.58 | -0.25 | -1.26% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,666.89 | -67.74 | -0.53% |
| Nasdaq | 2,813.64 | 8.36 | 0.30% |
| S&P 500 | 1,315.93 | -2.50 | -0.19% |
| Treasuries | 1.92 | -0.01 | -0.73% |
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