Twitter on Tuesday joined the Linux Foundation. However, the move comes just days after Twitter removed its find-friends feature from blogging service Tumblr. Twitter had earlier done the same to Instagram, and has imposed new restrictions on developers.
It’s been a big day for Twitter, with its shares picking up just over 10 percent. What caused the spike? An analyst upgrade from Nomura. The new buy rating came with a reiterated $43 price target. Twitter closed today at $33.77 per share. The good news for Twitter comes on the heels of it picking up some momentum yesterday.