Twitter CEO Dick Costolo says his company is now seeing almost 250 million tweets every day, up from 100 million at the beginning of 2011.

FORBES: Web 2.0: Twitter Seeing Nearly 250 Million Tweets/Day; Over 100 Million Users

Earlier this year Twitter chief executive Dick Costolo said it would introduce measures to help curb the proliferation of "hate speech" and so-called trolling on its service.

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Twitter continues to get serious about how to make money on its service and experiment with advertising, not a month after new chief executive Dick Costolo took the company reins.

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Twitter has ruffled a few feathers recently, so when CEO Dick Costolo took the stage at the Online News Association conference in San Francisco, he took the opportunity to put some minds at rest.

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At a recent conference, Twitter CEO Dick Costolo said he looks at a public offering as a financing opportunity the company will consider, but suggested there is no urgent need to tap the market to fund growth.

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The more I think about it and the more I hear Twitter CEO Dick Costolo speak the more I think it has about zero chance of happening unless Apple can stage the hostile takeover of the century.

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Besides those mentioned in the text, the author would like to thank: Paul Adamson, Andrew Belfer, Steve Braverman, Dick Costolo, Clive Crook, Sulaiman al-Hattlan, Mazen Hayek, Kathrin Hille, Jonathan Hova, Ronald Howes, Mishal Kanoo, Jonathan Kempner, Glenn Hubbard, Andrew Likierman, Iyad Males, Ed Merchant, Arif Naqvi, Ahmed Nassef, Sooud al-Qassemi, Jesse Scott, Michael Sonnenfeldt, Miles Varn, Evan Williams, Tarik Youssef, and several others who must remain nameless.

ECONOMIST: Sources and acknowledgements | The