Twitter is to expand its Irish workforce at its European headquarters in Dublin and has also filed the largest Silicon Valley IPO since Facebook in 2012.

Unlike Facebook, it is seeking to trade with the older stock exchange NYSE and has chosen Friday, 15 November 2013 as a potential date to trade under the ticker symbol “TWTR”.

The social networking entity has also announced plans to increase the size of its Irish operations in Dublin to up to 200 by the end of 2013.

Twitter’s main source of revenue is progressively coming from mobile devices which is the preferred method for its users to interact with the service. It is reported that Twitter will seek to grow revenue in advertising sales on mobile apps or websites in an effort to increase new sources of income. Its stock market listing will be watched with interest in Ireland and abroad.

Contributed by Leo Moore.

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