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Reuters, Published October 03 2013

#IPO: Twitter seeks to raise $1 billion in filing

SAN FRANCISCO - Twitter Inc will seek to raise $1 billion in the largest Silicon Valley IPO since Facebook Inc's 2012 coming-out party, according to an IPO filing made public on Thursday.

The eight-year-old service, the preferred communications tool for celebrities and politicians alike, gave potential investors their first glance at its financials.

Twitter intends to list common stock under the symbol "TWTR."